₦airaland Forum

MRS has been on Full Offer since Tinubu became President, yet no price decrease nor increase.

KayOn1:
Essentialone where art thou? RTBriscoe is rallying without fundamentals.

No be JuJu be that?

obembet:
Nigeria has been a peaceful country for many years until the emergence of Boko Haram insurgents which have threatened her unity and very existence till date.

So my dear Nairalanders, which state is most peaceful in Nigeria today


Edited: obembet

State of mind

The ladder, the electric pole, and that thing in between them is at risk of ...

NIGERIAN BREWERIES PLC EGM holds on 20/12/2023 @ The Grand Ballroom, Oriental Hotel, 3, Lekki Expressway, Victoria Island, Lagos by 2pm.
For Notice, click https:///NBEGMNM,
For Proxy Form, click https:///NBEGMPF,
For Circular, click https:///NBEGMTC

Ecobank, GUINNESS, MRS, and WAPCO.

4 very Stagnant stocks. No price movement over the past months.

Heading for the gutters...?

Wale and his numerous Wailers.

Calabar?

emmanuelewumi:
This is serious

This may affect the stock price of SAHCO and NAHCO.

Due to the current state of the economy and to ensure that the masses get valuable, UAC Foods Limited, makers of Gala and a subsidiary of UAC Nigeria Plc, has unveiled a new Sausage Roll brand called ‘Kingsway’. Speaking at the launch held at its Ojota office, Managing Director and Chief Executive Officer, UAC Foods Limited, Mr. Oluyemi Oloyede, said that it would offer consumers an exciting choice in the Sausage Roll market, especially given the current state of the Nigerian economy. “We are giving our teeming and supporting consumers a chance to have an alternative product in the market. It is targeted at the value segment of the market, which we strongly believe will meet the aspirations of our consumers.” He said a major difference between the already established Gala and the newly launched Kingsway is size is the weight of 75g, which is an upgrade of the 65g of Gala.

https://registrations.corpcam.com/mtn/registrationNigeria.aspx?e=&pname=MTNNigeriaNovember2023

https://africaprudential.com/shareholders-tin-update-form/?utm_medium=Email&utm_source=Zenter-System&utm_campaign=%23104599+%3D%3E+Receive+e-copies+of+your+withholding+tax+receipt+instantly%21&utm_content=524e1b4a1b7114f59f273b8c1a8633cf14c7ec48

https://www.coronation.ng/event-registration/

Oando is set to raise their price from 7.07 to 14.14

What shares should we Buy today?

Edo?

Sanofi-Aventi Nigeria, a leading multinational pharmaceutical company, has disclosed its plans to discontinue direct operations in Nigeria in 2024.

This comes barely four months after GlaxoSmithKline (GSK) announced its exit from the Nigerian market, due to unfavourable economic forces after 51 years of operations in the country.

In a memo addressed to stakeholders in the healthcare industry on Tuesday titled “Sanofi adopts new business model in Nigeria”, signed by the Country Lead, Folake Odediran, and sighted by pharmanewsonline, it was stated that the global pharma company will be embarking on a transformative business model in Nigeria from February 2024.

The company explained that its new model will enable the commercialisation of Sanofi portfolio of medicines by a yet to be named 3rd party distributor.

"With effect from February 2024, our company will embark on an exciting transformation of its business model in Nigeria. In our new model, commercialization of Sanofi portfolio of medicines will be driven solely by a 3rd party soon to be named.

“The strategic move represents a significant milestone for our organisation and is driven by our commitment to continually improve access to our medicines and to better serve our patients and the Nigerian health system”.

She further disclosed that the multinational pharma giant is already in discussion with its employees, partners and major stakeholders to ensure a smooth and transparent transition process.

Odediran assured stakeholders on the commitment of the company to provide more value to patients, stating that that is the major reason for the adoption of the new model.

She said details of the new development will be provided in days ahead through media announcement.

“We have commenced with our employees, partners and key stakeholders, to ensure full transparency. In the coming days, we will make public announcement through the media. However, we recognise that our relationship with stakeholders is paramount and we wish to share this information with you in advance”, she revealed.

Sanofi is a global life sciences company committed to improving access to healthcare and supporting the people they serve throughout the continuum of care.

From prevention to treatment, Sanofi’s scientific innovation into healthcare solutions, cuts across human vaccines, rare diseases, multiple sclerosis, oncology, immunology, infectious diseases, diabetes and cardiovascular solutions and consumer healthcare.

Handiwork of some Muslim Terrorists

yMcy56:
PZ
Purchased up to 21.95 in market....

@22......maybe some guys are trying to average up...

FIDELITY @9.40
Hope someone picked when it was pointed out..

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

Can someone kindly help me with the soft copy of the following books please?

1. Secrets of making mega millions via PENNY STOCKS & SHARES - By Sanmi Akindipe
2. Stock Market Made Easy - By Gbemiga Odediran
3. STOCK TRADING - By Dave Ule
4. How To Make Over N64,000,000 Investing In Stocks - By Dave Ule

PZ Cussons (“PZ Cussons” or “the Group”) today confirms that it has made an offer to acquire the minority-held shares of PZ Cussons Nigeria Plc (“PZCN”). Following this acquisition the Group intends to de-list the business from the Nigerian stock exchange. The Group believes the transaction will significantly simplify and strengthen its business in Nigeria, putting in place a sustainable structure and platform to maximize long-term growth and value.

The Group has made the offer to the Board of PZCN to acquire the 26.73% of issued share capital held by minority shareholders at a value of ₦21 per share, subject to prevailing market conditions, equivalent to a total cash consideration payable of £22.8 million. Funding for the transaction is expected to come from existing Naira cash balances.

The Group believes the offer to be attractive for the minority shareholders of PZCN, particularly given the recent macroeconomic developments and foreign exchange challenges. It is also confident that the offer is in the interests of Group investors, as part of the focus to deliver against its strategy and create sustainable shareholder value…



Why do they say (₦21 per share, subject to prevailing market conditions,) ?

I have a feeling which is sentimental anyway . I believe many of the Banks might not want to pay the huge Company Tax of 30% from the humongous profit that will run around half a trillion by year end 2023. In my personal thinking they will buy more of their shares , then declare a huge dividend to escape the huge tax liability of 30% . The money will come back to them via dividend payment. The tax liability would have been reduced from company income tax of 30% to 10% of withholding tax .

My personal thinking anyway , so we are likely to see more purchases from them.

We don't die. We multiply.

Hi, are there any Naija brokers that have stock scanners?


"I would never spend a lot of time trying to value a declining business that I call a cigar butt (one last free puff out of the business). I can spend the same amount of energy and intelligence analysing a growing business and am going to get a better outcome."

- Warren Buffett

Some companies that their stock price have become stagnant:

MRS, PZ, NASCON, GUINNESS, & FIDSON...

https://www.youtube.com/live/98wb79Zyrzc?si=ZtGMzJEEblOKkMwk

Click to attend OANDO Annual General Meeting today.