Elai147's Posts
Nairaland Forum › Elai147's Profile › Elai147's Posts
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2cato: BSITL I am Redoil who was ban for 93years. ![]() Welcome back |
nitrogen: On an aside, this premier abi na premium breweries, I think an announcement is about to be made soon o, I belive guys are buying the stock based on insider info so to speak, also, Mr Wapic will still fall, which will aid our entering (65k/70k things)If PREMBREW like make e reach N5. I no like stocks wey resemble one chance. Hoping to enjoy my second loot on Wapic @N0.70 entry. |
nitrogen: Oando.....hmmmmm, we are waiting for the results sha, I hope there won't be surprises.As usual, expect some. |
Aks: Time is ripe for sharp investors to invest in Wapic (Medium term). Oando jeering up for bull, watch out next weekWaiting @N0.70 junction. |
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currentprice: what is going on with your 60% undervalue skye bank brother? is the true value still 8.50Na N2.60 Skyebank see so. I'll be waiting @ that junction. |
Dexterax: Hehehe...Hmmmm |
dsonofmaan: ^^^And him own dey always come after Dexter own. Abi is Dexter = Currentprice? ![]() |
passwelle: Maybe just maybe this is the Coolone ![]() |
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jamace: Ha haThere are very few of us here that take advantage of bear season. The thread is full of speculators. |
lancee: ![]() |
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jamace: Thank you Aunty Mercy. Na so de thing happen o. FTNCOCOA own no even pain me much because I still dey where I entered. Anytime it moves, na skelewu I go dance. Over all, I'm still in profit on my investment on the NSE. Its just that the reconstruction has dwindled the profit. Anyway sha, investment continues. Happy investingI pray make dis your FTNCOCOA escape the next delisting sha... |
Dragonking: sorry if my question is off point but any latest on oando? it seems as if everyone has given up with the rate at which people are enrolling to sell beans..me sef go soon join dem. ![]() |
Elai147: This is a clear case of shortchanging shareholders. The reconstruction announcement came after dividend announcement. This could have been the other way round. Also, the market is currently bearish and a reverse stock split for C&I Leasing may likely fail and the stock will return back to car park except if there is great improvement in cooperate governance and investors are attracted to the stock. Investors sentiments towards this stock are very low and the management may be trying to improve the acceptability of their company´s share by the public. This is one of the negative reasons why a coy may embark on reconstruction. Companies will always give positive reasons for doing reconstruction and there are a lot of negative reasons- detrimental to shareholders- and of course they won´t give such reasons. So it is left for the shareholders to ´shine their eyes´ and try to see if the reason is favourable to them or not. Why don´t we hear more of share buyback than share reconstruction?The next thing you will hear will be that the company want to raise money by issuing more shares. This is the case with unity bank´s share reconstruction. Unity´s case is more confusing because they are planning to do a reconstruction which will be followed by capital raising through Right issue. They are having the highest number of share in the banking sector. Imagine the PAT they will need to generate before being able to pay dividend. Banks are currently facing a huge challenge of exceeding or even sustaining PAT made from previous year. So an alternative way they can sustain dividend payment will be to perform share reconstruction to reduce their outstanding shares which will also improve EPS and also see them raise money from the market at high prices since the market prices of their shares must have increased due to the reconstruction exercise. This will also create room for bonus shares in the future. With the high outstanding shares in the banking sector plus the new challenges they face from CBN monetary policy, we should expect more share reconstruction. |
phemmie06: hmmmmmmm, if I am correct the total number of this c&i leasing is 1,882,818,912. Can we refer to this as over bloated? or what is the exxuse for the reconstructionThis is a clear case of shortchanging shareholders. The reconstruction announcement came after dividend announcement. This could have been the other way round. Also, the market is currently bearish and a reverse stock split for C&I Leasing may likely fail and the stock will return back to car park except if there is great improvement in cooperate governance and investors are attracted to the stock. Investors sentiments towards this stock are very low and the management may be trying to improve the acceptability of their company´s share by the public. This is one of the negative reasons why a coy may embark on reconstruction. Companies will always give positive reasons for doing reconstruction and there are a lot of negative reasons- detrimental to shareholders- and of course they won´t give such reasons. So it is left for the shareholders to ´shine their eyes´ and try to see if the reason is favourable to them or not. Why don´t we hear more of share buyback than share reconstruction? |
Toluway: The Vulture is a patient bird. I dey wait.Very possible. |
Born2berich: Who logged on to know what was discussed in the above?^^^Gradually approaching first junction @N25 |
boofydon: Ok !How does a share price reduce if all un-bought share remains on the canter until it appreciates? Because from the rookie's viewpoint, share price becomes bearish when people willing to sell are more than those willing to buy.Seems to me like you already answered your question. |
vgirl: Abeg provide list of possible companies that could declares share reconstruction. We need to know ASAP to avoid this embarrassing pitfalls.I cannot categorically name any stock now because I'm not a prophet and don't want to be 'maced'. Stocks that have unusual high number of shares outstanding when compared with that of stocks from the same sector are the ones that scare me. Note that there are different reasons why coys will embark on share reconstruction. |
Born2berich: My brother na so we see am oo..When i gave the warning on friday on smn, e come be as if say i no wan make people make money..See as the cowboys are dumping on some people now..I was privilege to get small info about it that day and saw some people being lured to a trap. This is the Dumping part that will look like magic.Waiting patiently @N9 junction... |
Did I just see Nascon trading @N9.91? People no dey buy salt again? |
Dragonking: Thank you sir, your indirect warnings has really helped..I no go lie, e remain small for me to buy Nascon on friday based on the salt and water solution thingz.I hope Evilspirit is not among those that were affected by excessive salt intake. E don tey we hear from that dude. #QuarantinedThings |
Michael11stock: pm me your number dear now ooooooSmh ![]() |
Born2berich: The deceit on the NSE is really worrisome. Imagine C& I leasing trying to cajole unsuspecting investors to buy their shares by declaring 4kobo dividend..Some people must have unknowingly bought this stock to enjoy from the dividend payout only to be caught by this hocus-pocus share reconstruction trap.Are the regulatory bodies not aware of this deceit? They must have approved the reconstruction exercise before the announcement can reach the public domain. And they also know the trick the coy planned to use by releasing the reconstruction news after that of cooperate action. Sometimes when you see some magic in the NSE it makes you wonder where the NSE watchdogs are. Bribery and corruption cannot be ruled out from the NSE. ![]() |
Born2berich: The coy that gets me worried is the noise maker. Anyways wetin i know sef. Na night school i take finish education.Sometimes when you mention something like imminent share reconstruction for Oando or Transcorp some people go just dey shout because of selfish reasons. I don't know what is giving them the impression that the decisions of investors in NL and SMN can actually affect stock prices. |
Born2berich: The deceit on the NSE is really worrisome. Imagine C& I leasing trying to cajole unsuspecting investors to buy their shares by declaring 4kobo dividend..Some people must have unknowingly bought this stock to enjoy from the dividend payout only to be caught by this hocus-pocus share reconstruction trap.Imagine that. Time bomb things... |
mercylicious: If u were to buy nem or aiico at the present price, which will u buy?None. Both have a way of tying down money. Except I am buying for long term, which I will not. Too much noise for Nem. My personal opinion. mercylicious: On ppremier breweries price increase, I asked my neighboour dt works with sabmiller and he has this to say;For me, the best thing to do in this NSE na to avoid stocks wey their way no pure even if they are making others rich. |
Agbalowomeri: http://www.c-ileasing.com/index.php?option=com_phocadownload&view=category&id=1&Itemid=612# SWG1: The kind of news that makes me marvel whenever i hear "invest for long term, go to bed and sleep" Dragonking: Unity share reconstruction will be 1 for 50..i really pity their shareholders.Yeye companies. What could be the reason for the reconstruction? Are they trying to add value to an already failed stock? Are they trying to avoid delisting? Why we no dey hear share buyback for dis NSE self? Imagine a company that cannot invest in itself at a benchmark price of 50 kobo. I really pity the invest-for-long-term-go-to-bed-and-sleep investors. More share reconstruction on the way... |
otada: Please house I need help.Contact the registrars and explain this to them. They should have a solution for you. Africa Prudential Registrars 220B, Ikorodu Road, Palmgrove, Lagos. Office: +234-1-4548120. 07080606424 E-mail: info@africaprudentialregistrars.com |
presiade: Let's play some pumping game. We have discovered the new remedy for this ebola after our rigorous research. Rub palm oil on your body at least 3 times daily to prevent contracting the virus. Do your DD sha. Spread the news to your FAFhttp://www.thisdaylive.com/articles/ebola-scare-two-feared-dead-20-others-hospitalised-over-excessive-salt-consumption/185745/?utm_source=twitterfeed&utm_medium=twitter If anybody die from excessive palm oil bath or consumption we will hold oga Presiade responsible. ![]() |
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how na?