₦airaland Forum

Coolcash1:
Though when it comes to Indians I don't trust them.. they are the most dubioud people I ever know. Though they are trailing after the Lebanese...

That said, I am not certain if they can do that.. The one of Larfarge Ashaka MTO comes to mind. In this minority buy-out, minority shareholders were asked to fill and submit to the registrar for processing which yours truly did and got my shares and share exchange. However, the flaw I noticed was that payment was not made on the date promised but was still paid.

So, I don't think they won't fulfill their promise because the regulator will sanction them.

robobo:
druggedprof

kindly exercise caution and check the qualifying date MTO (something like April 20th )

i think that is why it turned form massive bid to offer in just a day

pls reconfirm again b4 u plunge

Ekpoma25:
More reason you should do further DD.

Despite the N417.20 sure banker price, the market price closed on Offer today at N288.56. Implying that discerning investors are not buying becos they could have been hinted that NIPCO would not be compelled under any law to accept to buy all the units offered to them. It is also possible the MTO is to fulfill regulatory "righteousness".

Further DD is required to avoid been stucked #myopinion

mercylicious234:
Emmanuelewumi,
Please shed more light on this nipco acquisition deal.
How is share acquisition from minority shareholders done?

Ekpoma25:
what is the MTO Price?

Ekpoma25:
Are you sure you are not late in this transaction.... do your DD well o

mercylicious234:
Please how would it be sold to nipco? What is the procedure since it won't be sold on the floor?

locodemy:
Abeg make una leave all these OVERBOUGHT analysis.Apart from forex policy by cbn which is favouring investors now,another BIG news is coming out this week.The BULL has decided to use today to drink water.People who has sighted the BIG news just used the opportunity to reload today.

I am having a feeling Deruggedman has refrain from the market all these while we have making money as he is seeing stocks as OVERBOUGHT.All i can see is a virgin land.......the land is green.......is green......

BullBearMkt:
...@DeRuggedProf, GREED is completely different from overbought. It is powerful! When there is greed, overbought can continue "FOREVER!" Unlike FEAR that is short-lived, GREED is one human emotion that can last for a long time.

OBAGADAFFI:
I thought jaiz hit N1.20 some months ago.

BullBearMkt:
Human emotion that is beyond any Analysis is GREED

locodemy:
Is carveton not capable of doing all these?

locodemy:
Well said.if i offload half of fcmb at 1.50,i made enough money as gain and still have surplus to retain for future disposal.When we talk of dangote flour,we are talking of 12 naira stock which is achiavable this year.Anyway i am still oncourse on fcmb.Will determine my fate on it on friday.

Zhirinovsky:
There are people who are hell bent on offloading their transcorp no matter what.
Seems they have a lot of it also.

Cadillac15:
[/b]
when i mentioned FBNH, and gave facts, see the result.

Whoever has eyes should enter dangflour now b4 it starts running more than fbnh.

bigtt76:
I should have bought when it was 0.93 I was just hesitant see me now praying it should go down

fxuser:
Forte Oil
- growing bids
- still soaking up

Dang Flour
- just a lil more

DeRuggedProf:
https://www.thisdaylive.com/index.php/2017/06/05/nipco-gets-secs-approval-to-buy-out-mobil-shareholders/

BullBearMkt:
-Weekly accumulation has been going on FOREVER (Lol - truly forever)
-Daily turning bearish
-Stock not following general market sentiment - big problem

godlyguy:
FCMB is simply a stock too much a risk to add to your portfolio... OANDO is worst still... I pity those that will fall for the trap of the tricksters... JOIN THE STOCK FOR THE SMART GUYS (THE ELEPHANT IS IN TOWN)

THE BIG SMART GUY

locodemy:
You dey listen to prof?
prof no tell you say he promise to let the forum know when he go exit fcmb?
you don hear him making noise on fcmb again?

E better make you follow peterichy than to follow prof.

Mpeace:
I sold most of my oando yesterday. Pls when u see Wale going to the national assembly with ghana must go, tell me so I can re-enter at a lower price. thank u.

Cadillac15:
The prof. How do you feel selling you FBNH to me at 3.64 last month?

BullBearMkt:
...probably Zenith is not focused on GROWTH, but value