₦airaland Forum

beejay1:
Pls house, for clarity, does Japaul making a private equity sale of 8b shares increase their OS post sale to 14b shares?

Unless it’s convertible warrants that can be turned to shares in the future it will.

who keeps buying PZ at 22 hmm

emmanuelewumi:
What are they producing?


I use their lab at Oshodi for the medical tests of my mum and dad.


They have a very good eye clinic, that was where my late mum had her eye procedure

more like third party production of prescription drugs, as GSK/other foreign pharma leave the country, maybe they and others can step in and purchase rights to produce and distribute from them.

emmanuelewumi:
It is an Indian owned medical diagnostic company with centres all over the country.



Made a profit after tax of over N2.6 billion and revenue of N27 billion in 2022

Sir I don't think they are diagnostic but more of medical production

essentialone:
PZ suddenly jumped from N20 to N22, above buyout price of N21. Any new development?

the news of GSK maybe pushing PZ or maybe insiders know something

Angrigowt:
Don't you have Vallet key. Well total costs will be about 40 to 50k. But the wohala will be how to cut the key. Well it means the ignition with glove compartment and boot holes will e changed and swapped with another ecu. Or you go the cut and join way. Find the key. Take your time. Retrace your steps.stay calm. Sleep. Relax. I rem one time my house key flipped off my pocket when I got home and was going to check on something at the back. It took me 2hrs before I saw the useless key smiling at me inside grass. Check the whole house. If not. U go pay like white......

Choi, thanks. Make I begin look for am. I have checked everywhere in this house, I will check outside

yMcy56:
It entirely depends on you and the price you buy Oga.
It was even sold on the floor up to 21.05 or so last week.....
If you've made good gains and have somewhere else to channel the fund, you can sell.

Who knows, you may even have another opportunity to pick a bit lower again if the payout delays unnecessarily and still cash out with 1 or 2 naira.

That's my opinion ooo......and what I may likely do if in your shoes.

Thanks, I bought earlier before the announcement, I will wait abeg. I hope they payout a slightly higher price

yMcy56:
Extract from August 9th post...
In response to the post of Obagadaffi who opined the buyout will be in the N7.50 region.

GSK eventually did not disappoint.
Buyout: N17.42........though ought to be higher, but for the dwindling revenue in recent years.

Make una no forget to pay your tithes.

https://doclib.ngxgroup.com/Financial_NewsDocs/39845_GLAXO_SMITHKLINE_CONSUMER_NIG._PLC.-COMPANY_ANNOUNCEMENT_CORPORATE_ACTIONS_NOVEMBER_2023.pdf

What do you think of waiting for PZ to pay out ma?

I lost the only car key of the 2007 toyota highlander I use and I have searched for it everywhere in the house but I have not been able to find it. Whats the process and cost of doing a new key please, the door isnt shut so i can access the car. Thanks

debeey87:
There are levels to these things

Almost half a billion like that ah, these guys are loaded

Is this not 22m shares or my eyes are paining me

PZ Cussons doubles profit https://doclib.ngxgroup.com/Financial_NewsDocs/39836_P_Z_CUSSONS_NIGERIA_PLC.-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_NOVEMBER_2023.pdf

Aren’t PZ Cussons doing their annual meeting today again. They should come buy us out and take the kaya go

Lillianhart:
Hello Ebuka, when you went back, did you do an interview or assessment? What was it like please?

There was no assessment, it was just a basic interview asking questions like introduce yourself, what does PwC do etc

delvzy:
I'll wait this their first public earnings result before making a play if I were you. IPOs are tailored for the early investors and institutional investors to cashout.

True, the price is high too. I wonder why they made it that high even though the market cap is about 18 Billion I think but they should have made the price lower and issued more shares instead. High prices scare off retail

VFD to list this week, makes about 7 billion PBT I think. Any play?
https://guardian.ng/business-services/vfd-group-gets-ngx-listing-approval-starts-trading-this-week/

Hey guys, the visa fee and ihs are taking effect from October 4th. I want to apply immediately I get my CAS to avoid paying the higher fees, is it possible if I get my CAS on October 3rd and how do you pay? In Naira or foreign currency

yMcy56:
I think one of the things I've noticed in this forum, which has been said before is the impatient of investors.

Some are following traders when they're supposed to be value investors and, at any little cough, blames, fears, paniçs sets in.

If there be one of the strong reasons I will stop posting in this forum, it's going to be this.

I'm a trader and not exempted from the blames......especially because of my market updates.
It was suggested that maybe a forum for traders be created but was again not considered right.

Make una no vex.

However, for newbies, please note that you don't lose money until you sell your holdings!
This is NSE where unexpected happens, stocks go up and down at any time and the one we considered worst may turn out to be more rewarding.

Holding hardly works in NSE oh, the Oando I just managed to sell my the grace of God. I have been held inside for years.

Yemi Cardoso get serious work to do, monetary policy work plenty to attract foreign investors after Emefiele.

Yemi Cardoso is nominated as CBN head
https://www.channelstv.com/2023/09/15/breaking-tinubu-nominates-yemi-as-cbn-governor/

phoinix:
The free fall is likely to stop today. It is likely to close higher than yesterday. LOL

Isn't it on full offer

What's happening in Dang Sugar, it seems people are not patient to wait for the merger

ebuka1997:
Oando full bid

Oando will cross 10 today

Oando full bid

Oando are real cowboys

https://nairametrics.com/2023/09/06/pz-cussons-minority-shareholders-reject-n21-share-acquisition-offer/?amp=1

21 Naira is an insult, just 23m pounds to buy out shareholders after they’ve asset stripped the company, first sold nutricima to Friesland and sold its residential properties for 9 billion last year hmm. They also had 52 Billion in cash at the end of 2022.

yMcy56:
Electricity Tarriff
* For TRANSCORP faithfuls....

https://sunnewsonline.com/nerc-hikes-price-of-electricity-meters-by-40/

That’s the price of the meter not tariff sha, I don’t think tariffs would rise soon

Asiwaju is here to stay, Oando looks like the place to be

Oando full bid this morning

phoinix:
To me, it was a smart move by the parent company. The depressed exchange rate has made many businesses denominated in naira very cheap. Many people don't understand the full impact that the exchange rate and subsequent crazy inflation have had on the naira. It's like buying a business for one-third its original price. A good deal for the buyer, and a bad deal for the seller who gets a bunch of naira bills that are now worth far less. LOL.

Exactly, at just £23m they are buying all the assets of the company. They can asset strip some assets and consolidate, also easier to evade taxes, it makes perfect sense for them