₦airaland Forum

tritritri:
Even when dey give una..Una go still argue sey DIAMONDBK better pass am.

Someone should pls show me some love and buy oando.

locodemy:
The numbers is not bad when you look at the OS of 3.3 B and a profit of above 1B.
I hope i am correct by the figure i mentioned above?
If yes,its a winning stock on the short run..........
Anyway thank you for your observations.All of us will evaluate the company together and know if it worths buying now.

veecovee:
no it's not a laughing matter. Help me tell Loco, that no one knows it all in stock market, so that he will not come back here to tell story that touches the heart!

veecovee:
Gentleman, you were of the opinion that shareholders are going to punish diamond. you can see that no one knows it all

locodemy:
For mentioning Transcorp OS divided by 12,you are talking about that company that uses HELICOPTERS to do business.
The stock price was very low last year.All of a sudden,the stock started rising because of one big oil company that signed a contract with them recently.Oga,have you seen their 9 months result?I have not seen it.pls,if you have it,just repost it for me to view and give me the 6 months target price of your's.............thank you bro.

rebekah2011:
Seems the market is in bearish mood today. All stock just dey lose sha

currentprice:
mkt generally look not happy today

currentprice:
diamond bank disappoint the shareholder with the result no doubt,,,shareholder of today have no patience and the probabilities of punish this stock to under N1 is very high starting from 2morrow.

i expect those that have diamond in their portfolio to continuing defending but mkt will still do it thing

stockbuego:
Iam still holding tight sir. You should deserve some drinks

stockbuego:
Thank you sir for giving me an insight into the inherent value of dang.flour. I gained alot from it. God bless u.

Manonamission:
You're just a wicked sombori

locodemy:
Just want to hear some voices.
Between Access and Uba,which one looks promising and target price by march 2018.........

bigjay01:
yeah, i believe he sold to TB @9.5 and bought back from them @3.04 ish

I didn't need a rocket scientist or a neuro surgeon to tell me to buy with him and go to sleep.

I was also encouraged by other Dangotes in my portfolio.

I once bought NASCON @1.99 about 8yrs ago, Dangsugar at between N5 or N6

bigjay01:
I bought based on this rough analysis:

Share outstanding is 5B

Tigerbrands transferred 3.285B (65.7%) to Aliko.

"Subject to regulatory approvals, DIL will provide TBCG with an immediate cash injection of N10 billion. In return, Tiger Brands will
divest its 65.7% shareholding in TBCG to DIL for a nominal consideration and write off its shareholder loans to TBCG. In addition,
Tiger Brands will assume and settle outstanding debt guaranteed on behalf of TBCG."

This roughly implies that Aliko paid ~N3.04/ share (10B/3.285B).

I bought at N1.16, which is about 62% discount to Aliko's price.

Precedents have shown that Aliko is a very shrewd business man, I am willing to hold with him ...

Not a buy or sell recommendation

bigjay01:
"On the effective date as set out in paragraph 7 below, Tiger Brands will
pay Dangote NGN9.50 per DFM Share, implying an aggregate purchase price
of NGN30,093 million (equivalent to approximately ZAR1.5 billion)
(“Purchase Price”). Excluding the once-off impact of an amount of
NGN1,484 million relating to a provision for irrecoverable claims"

http://dangote.com/Investorrelations/dg-tb_Detailed%20terms-21-Sept.pdf

The bottom line is that he sees value at N3.04!

I also see value with him at 62% discount to his entry price.

I don't see how i am buying at a premium (to him) unless he is willing to sell at any price below N1.16. Will he?

locodemy:
what of if they decide to reconstruct the shares later.............ahh! speed on my legs o.........

bigjay01:
if you understand reconstruction, you'll understand that it makes no diff, because everything is adjusted proportionately.

Even if you do a 1:100, Aliko will still end up owning 65.7% and I'll still retain my tashere %age

BTW, it would appear that Aliko might be controlling over 75.% of this company

locodemy:
kai double speed on my legs

zendi:
You're more at risk of reconstruction in that your oando that is about to suffer the father of equity dilution in the process of raising 80b for debt reduction. Dangflour has only 5b OS, and 5B it will remain because Dangote doesnt do rights issue or any of such schemes by which small investors are wiped out. He funds the expansions without creating new shares.

locodemy:
hmm! i put my last gear..........vuuuuuuuuuuuuuuuuuuuummmmm.............seee u post reconstruction of dangote flour or tigerhead or whatsever you call it vum vum vuuuuuuuuuuuuum

locodemy:
what of if they decide to reconstruct the shares later.............ahh! speed on my legs o.........

bigjay01:
"On the effective date as set out in paragraph 7 below, Tiger Brands will
pay Dangote NGN9.50 per DFM Share, implying an aggregate purchase price
of NGN30,093 million (equivalent to approximately ZAR1.5 billion)
(“Purchase Price”). Excluding the once-off impact of an amount of
NGN1,484 million relating to a provision for irrecoverable claims"

http://dangote.com/Investorrelations/dg-tb_Detailed%20terms-21-Sept.pdf

The bottom line is that he sees value at N3.04!

I also see value with him at 62% discount to his entry price.

I don't see how i am buying at a premium (to him) unless he is willing to sell at any price below N1.16. Will he?

angelo82:
Aliko;s calculation is far beyond that analysis above.............Analysis above is when you are dealing with a straight forward businessman................

bigjay01:
I bought based on this rough analysis:

Share outstanding is 5B

Tigerbrands transferred 3.285B (65.7%) to Aliko.

"Subject to regulatory approvals, DIL will provide TBCG with an immediate cash injection of N10 billion. In return, Tiger Brands will
divest its 65.7% shareholding in TBCG to DIL for a nominal consideration and write off its shareholder loans to TBCG. In addition,
Tiger Brands will assume and settle outstanding debt guaranteed on behalf of TBCG."

This roughly implies that Aliko paid ~N3.04/ share (10B/3.285B).

I bought at N1.16, which is about 62% discount to Aliko's price.

Precedents have shown that Aliko is a very shrewd business man, I am willing to hold with him ...

Not a buy or sell recommendation

bigjay01:
Yes i did! it still holds true.

I am up over 650% (my average price is less than N1.4).

Mind you i play long term

maishai:
I have come to understand that the best investment mind frame for nse is 3yrs........I had this 2 stocks(DF "then Tiger brands" and eterna) in mind this time 3 yrs ago but the sentiments on this forum discouraged me back then, my biggest pain was when one guy made an analyses of why he would buy DF cos Aliko paid #3 while he just paid #1 for the same stock,I was convinced but I did not join the bus.......God knows the fantastically sweet profit I would have been sitting on given the huge funds @ my disposal bck then.....
Looking forward I think there are some stocks that might repeat that cycle but I will wait for January b4 I place my bet.................................

tritritri:
I have become a case study ..I need all the insult ..let me burst ur brain..I sold UBA to buy OANDO..only to lose all my life savings.Stop warning people...they want to learn...

When i see people Insult peterichy i laugh becos am more stupid dan peterichy. ( i dont even knw if i was blind or Work of my villiage people )

Lesson Learnt hard way

Mpeace:
I dont kw whether to call this a good result or a bad one. Everything went up 20%, eps now 1.55, but as usual the share price will not increase . This stock don tire person. I go sell buy diamond when e settles @...