₦airaland Forum

Agbalowomeri:
You and Transpower

I don tireeee for am🥲🥲😩😩

yMcy56:
@N314
I just didn't want to mention the movement.
They came to move it up today.

It's a stock for a long termer especially.
The 257.90 day's low was too tempting...... but the stagnancy discouraged quite a lot of people.

Abeg make e sell at 314 again tomorrow. I saw it late... Make I exit, chest my small realized loss . I don taya for the stock

Shey na my eyes abi Transpower closed at 314

megawealth01:
AGBA doings

Ah my hand no dey o

PZ my darling ... See as them dey chase you like a new fine babe wey just park enter area ...

But where's EDUECO🌝?

Agbalowomeri:
Are you not in finance/accounting?

Am I?🌚

Agbalowomeri:
She is one of them

One of who🌝🌝🌝🌝🌝? Abeg o

Agbalowomeri:
Restating results does not necessarily mean there was blunder

How about we call it "a material omission" 🌚🌝

Umehj88:
https://doclib.ngxgroup.com/Financial_NewsDocs/44952_P_Z_CUSSONS_NIGERIA_PLC.-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_SEPTEMBER_2025.pdf

Looking at the results again, I wonder who made the blunder and the materiality of the blunder that they had to restate the account. Because the one they uploaded before wasn't as good.

megawealth01:
Shebi I sound am tire. I even did small analysis on top am. Me wey no get time to do analysis but had to because of you

Oya no vex na na only 1 meter I put inside.

Mpeace:
Excellent result we expect a full bid and a return to over N40. I no know why I no add more of this one. I just pray the price movement goes slowly so that small money will be raised for a top-up

I for buy plenty that yesterday wey I see am buy 29.70 ... We win some, we lose some

Umehj88:
https://doclib.ngxgroup.com/Financial_NewsDocs/44952_P_Z_CUSSONS_NIGERIA_PLC.-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_SEPTEMBER_2025.pdf

I knew it 😃😃... Their Q1 will show full recovery

megawealth01:
What this means for a potential future delisting:

If PZCH still wants to delist, they’ll need to come back with a new exit offer that passes both minority shareholder scrutiny and SEC approval.

Since ₦23 and ₦37.10 were already rejected, a future offer would likely have to be above ₦37.10 to stand a chance especially considering inflation, FX pressures, and market valuation.

Minority shareholders’ rejection shows they are alert, so SEC would likely insist on a fairer valuation (often linked to recent trading averages, book value, and peer multiples).

If delisting eventually pulls through, the buyout price will almost certainly have to be above ₦37.10. It may not skyrocket, but anything lower than that is unlikely to be accepted again by both minority shareholders and SEC.

thank you 🤗🤗

yMcy56:
Exit price of N23 rejected.
Then a debt to equity conversion of N37.10 as a revised amount was also rejected by the shareholders because it's the majority shareholder, which is PZ Cussons Holdings that was owed...
It's just a strategy used by PZ to acquire the majority stake in PZ Nigeria...
Accepting this small amount may have negative effect on the minority in the long run probably....
So minority shareholders rejected it.

** Remember, SEC did not approve the exit of PZ from NGX.
What this means is that PZCH will now be awarded more shares of PZ Nigeria at cheap price, then later later, will still opt for delisting probably......and may want to pay peanut, which minority saw thru their plans.

Na my understanding be this anyway.

No vex o. Na evening class I attend 👀👀. Does this translate to a buyout price of above 37.10 if the delisting for whatever reason pulls through?

yMcy56:
It didn't go thru because minority shareholders voted against the proposed price, N37.10.
This is a different ball game entirely.
At the Court Ordered Meeting, minority also have to vote....
If it's against, it can't fly.

Remember: PZ proposed N21 initially, it was rejected......N23 rejected by minority holders...

They later up it to N37.10, which was the highest price within the time AGM occured, and yet rejected again.

** Note: Majority shareholders were not allowed to vote, so it went in favor of Minority shareholders.

are you serious?

crownprince2017:
This pz, I went through their product portfolio, that business really need serious restructuring ooooooo.
Most of their products are fx dependent and most of the ones that are not are fading away with strong competition.


The killer of all is that the competition in the space they play is very high. Almost all their products have strong competitors.

They are only clear leaders with king oil which have small wahala..

I saw a recovery in their 2024 results sha.. Hopefully, they'll report a profit in their Q1 which I expect to be out this month. I had initially exited at 40.50. Decided to jump back in today.

As Cadbury and NAHCO no drop for price today, I kuku pick small PZ at 29.70🌚 and ETI at 33.50. Till we see again next week 🤗🤗

Stockhunter:
The sellers are gradually loosing steam...Gina dont worry that bone wey hang for your throat go soon go down🤣🤣🤣... Abeg keep balancing the emotions with humor. Make person no go get HBP..

if you see as my belle dey sweet me ehn

Be like market get small strong head today. Cadbury wey I see pick at 53.50 yesterday no wan gree

Stockhunter:
😂🤣🤣 this cracked me up big time. I just realised i have not laughed so well since today.

Very funny you Gina!! Its good to have good sense of humor...

Money matter no funny like that o forget teeth wey I dey shine. Na the 2026 June catalyst I dey hope on like this 🥲

jonnysessy:
Well Prestige had turn you to looooong time investor just like Transcorp Power did to you. I hope you are averaging down on Transcorp Power. The price have come down.

You and who wan average down for TP ... Until it touches 200 I no dey average down kankan (I no dey try "catch falling knife" like Mankindman would always say). Na Cadbury and NAHCO I dey do small small topups here and there

Yoursfaithful:
July 2026 of which all insurers are expected to submit their recapitalization plan on or before end of this month.

Make I use this one hold body . Estimated wait time, 10months to 1year

jonnysessy:
.


Don't worry about the bone in your throat. Just drink water, shebi you invested with patient funds. There is no cause for alarm

Jijo na HOT funds them dey use run am o .

Yoursfaithful:
Calm your mind down ..Insurance is coming back stronger..might only take some weeks..these are only paper loss.

what's the deadline for the recapitalization abeg?

mikeapollo:
A prestigious lady like you, with lots of prestige should not be seen or heard complaining ooooo

I no quick jump out from that jijo them Kon dump their shares for my head . Who did I offend?😂😹

Abeg when bull go return to insurance, this bone wey prestige leave for my throat dey hang

This one wey PZ dey on full offer so 🤔🤔... Na to wait for am to shed another 10% then re-enter... Abi how you see am @megawealth01😁33.25 current market price

nosa2:
Ellah Lakes result is out

https://ngxforum.com/thread/47/ellah-lakes-plc-ellahlakes
No comment

Stockhunter:
You will set up defence before attack..😁. I loved the defence game. When i saw the defence i topped up just within the defence range. No how no how it cant go below the defence. The defence na maldini and Nesta...

👀👀make e sha pay off massively. I topped up too. Purely based on sentimental analysis

megawealth01:
FIRST BANK

see, I've been watching them since yesterday. The bid depth is crazy, upon that e no dey gree move

GeneralDae:
Hmm, you must be amongst the 1% of the 1%. Well done ma.

from where to where? Naim I never buy house