₦airaland Forum

stock with new 52 week lows
NNFM #5.71k
stocks with new 52 week highs
conoil #44.56k
NPF microfinance bank #1.45k
UBA #9.20k

Mobil Oil Nigeria Plc: Complete Tender Offer Documents on the Mandatory Takeover Bid by Nipco Investment Limited to the Qualified Shareholders of Mobil Oil Nigeria Plc. The Nigerian Stock Exchange (The Exchange received complaints that certain Dealing Member Firms of The Exchange and their clients do not have documents regarding the Mandatory Tender Offer (TO initiated by Nipco Investment Limited to the shareholders of Mobil Oil Nigeria Plc. In order to address the complaints, The Exchange contacted the Stockbroker to the transaction, Cordros Securities Limited (cordros for clarifications. Cordros represented to The Exchange that all documents regarding the MTO were sent to the registered addresses of the shareholders of Mobil Oil Nigeria Plc in line with extant regulations governing MTOs in Nigeria. Notwithstanding, in order to ensure that Dealing Members concerns were adequately addressed, The Exchange mandated Cordros to provide the tender offer documents to The Exchange for onward transmission to the market. The complete tender offer documents on the MTO and a statement from Cordros explaining the process were sent to all Dealing Member Firms via electronic mail on Tuesday, 20 June 2017. A copy of the complete tender offer document was also uploaded onto The Exchange? website on the same date. See http://www.nse.com.ng/Financial_NewsDocs/PUBLICATION NIPCO.pdf . The foregoing is for your attention and information.

NOTICE IS HEREBY GIVEN that the 19TH Annual General Meeting of ARM LIFE PLC. (the "company" will be held at The Darlingtom Hall, Plot CDE Industrial Crescent, off Town Planning Way, Illupeju, Lagos, Nigeria on Wednesday, July 19, 2017 at 2:00PM to transact the following businesses: ORDINARY BUSINESS 1. To receive the Audited Financial Statements for the year ended 31st December, 2016 together with the reports of Directors and Auditors thereon. 2. To re-elect Directors. 3. To authorise the Directors to appoint Auditors for the financial year ending December 31, 2017 and to fix the Remuneration of the Auditors; and. 4. To elect members of the Statutory Audit Committee. Special Business 5. To ratify the appointment of Consolex Legal Practitioners as Company Secretary to the Company.

stock with new 52 weeks highs
ccnn #11.27k
no new 52 week lows

http://nse.com.ng/Financial_NewsDocs/18498_CONOIL_PLC_-_AUDITED_DEC_2016_FINANCIAL_STATEMENTS_JUNE_2017.pdf

dividend #3.10k

UPDC REAL ESTATE INVESTMENT TRUST (UPDC REIT) Closure of Register for Year Ended 31 December 2016

Proposed Dividend 24 Kobo per Unit holder

Proposed Bonus Nil

Closure Date 5th - 6th July 2017

AGM Date 20th July 2017

Payment Date 20th July 2017

AGM Venue Will be advised later

stock with new 52 week lows
jaiz bank #0.80k
stocks with new 52 week highs
m & b #5.52k
ccnn #10.74k
dangote cement #213.97k
Nb #160.00k
stanbic Ibtc #32.90k
presco #76.00k

stcool:
It would have been a perfect opportunity for the government to take over and list the company on the NSE, but greedy banks would not let it go forward. Watch how they would mess up the company and start diverting contracts and fill in positions for their selfish benefits.

Where is NCC when you need them the most?

The bank have no expertise to run the telecom company like you've rightly said.
but let's watch.

ihedioramma:
Access Bank has now taken over
the management of telecommunication company, Etisalat Nigeria.
Besides Access Bank, other local
and foreign banks are said to be part of the takeover of the telecommunication company which takes effect from June 15. The take-over came as a result of
a futile effort by Emerging Markets Telecommunications Services, EMTS, promoted by- one time Chairman, United Bank for Africa, UBA, Hakeem Bello- Osagie, to reach agreement with the banks on debt restructuring plan in the protracted $1.72 billion (about N541.8 billion) debt impasse. However, EMTS Holding BV, established in the Netherlands, has up to June 23 to complete the transfer of 100 percent of the company’s shares in Etisalat to the United Capital Trustees Limited, the legal representative of the consortium of banks.
Etisalat Group, the parent company of Etisalat Nigeria, announced the takeover on Tuesday in a letter filed to the Abu Dhabi Securities Exchange in Abu Dhabi, United Arab Emirate .

for the present bull run it is bad

rahjan:
@intendy, bros pls what is going to happen eventually to Mobil minority shareholders who bought after the qualification date for nipco mandatory bid?

so far you bought after qualification pls take your mind off the #417.12k.
Then you are with a spoon they are with a shovel eating from the same plate.
if you can endure no wahala but they'll dictate the way you eat even with your small size spoo

ALEX0198:
please i need all the Registrar email,to get the shareholder account for e-dividend.THANKS.

You can get all there respective email from the e-dividend forms but if you don't have the forms,you can visit

http://sec.gov.ng/public-notice-the-e-dividend-mandate-activation-forms-of-various-registrars-are-now-available-for-download/

stocks with new 52 weeks highs

ccnn #9.75k

m & b #5.01k

presco #75.94k

transcorp hotel #6.55k

first aluminum #0.58k

stanbic #32.45k

mansard #2.62k

flour mills #29.50k

no new 52 week lows

veecovee:
going back to .50k park, is what the current bull is capable of withstanding for sometimes. Skye is a case study...i believe it'll still go back to .50k park the moment the current bull is defeated

okay o.Enjoy your ride.

http://nse.com.ng/Financial_NewsDocs/MOBIL%20OIL%20PLC%20-%20NIPCO%20INVESTMENT%20LTD%20MTO.pdf

veecovee:
you know what I mean by cheap...the lowest wema can depreciate to now is .50k, so no one who bought wema today can loose more than .11k. Don't forget that zenith nose dived to N9 some months ago

So going back to 0.50k is the yardstick?

what of recovery rate?

Time value for money?

Car park isn't good for a car with sound engine.

veecovee:
wema is .60k now, however I didn't say that I sell at N1. I said, I think it could reach N1. Don't worry I'll sale very soon, but not now now. Watch out what's happening in Skye. Which other bank is cheaper than wema, these are things you consider in bullish mkt

Many banks are still cheaper than Wema, eg Zenith, Gtb,fbnh.Though wema may be cheap in it's own class.
Except you are just referring to price tag which don't work in isolation in the market. prices work with other metrics.

The equity prices of the following companies were adjusted today 19th of June 2017 for dividends declared by their respective board of directors as follows: Security

Dividend Declared (N) Last Close Price (N)Ex-div Price (N)


THE INITIATES PLC 0.03 0.77 0.74


CONTINENTAL REINSURANCE PLC 0.14 1.38 1.24


LASACO INSURANCE PLC 0.03 0.52 0.50

NEGOTIATED CROSS DEAL OF NASD PLC


Dear All, This is to inform all NASD Brokers that a total value of N26,641,125.00 cross deal of 15,223,500 units of NASD PLC(SDNASDPLC) was executed today (16/06/2017) as a negotiated CROSS deal by GREENWICH SECURITIES LTD at N1.75K per share in one deal. Please be guided accordingly.

stock with new 52 week lows
tripple gee #1.14k
stocks with new 52 week highs
ccnn #8.85k
m & b #4.56k
okomu oil #70.18k
presco #72.33k
fidson health #3.30k
lasaco #0.52k
nasd #2.15k ( nasd traded)

stocks with new 52 week highs
m & b #4.15k
fidson #3.15k
CCNN #8.03k
pharma deko #2.18k
zenith bank #22.90k
first aluminum #0.56k
medview #1.60k

no new 52 week lows

FBN Holdings Facts behind the Figures The management of FBN Holdings will visit the Exchange for a Facts behind the Figures presentation and closing gong ceremony today, Thursday, 15 June 2017

eTRANZACT INTERNATIONAL PLC Closure of Register for Year Ended 31 December 2016

Proposed Dividend 10 Kobo per share

Proposed Bonus Nil

Closure Date 26th - 30th June 2017

AGM Date 27th July 2017

Payment Date 3rd August 2017

AGM Venue Civic Center, Ozumba Mbadiwe Street, Victoria Island, Lagos

stocks with new 52 week highs
m & b #3.78k
okomu #66.84k
zenith bank #21.89k
fidson #3.00k
presco #68.89k
stanbic Ibtc #31.01k
no new 52 week lows

stock with new 52 week lows
The initiates PLC #0.77k
stocks with new 52 week highs
m & b #3.43k
presco #66.15k
transcorp hotel #6.24k
Honeywell #2.27k
contisure #1.40k

The equity price of AIRSERVICE was adjusted today 13th of June 2017 for a dividend of N0.177 as declared by the board of directors. The last close price was N4.70, hence the ex-div price N4.52

Oando Plc - Supplementary Listing of Ordinary Shares Dealing Members are hereby notified that 396,793,587 ordinary shares of Oando Plc (oando or the Company were today, 13 June 2017 listed on the Daily Official List of The Exchange. This is subsequent to the conclusion of a debt to equity conversion exercise by Oando Plc. With this supplementary listing of 396,793,587 ordinary shares, the total issued and fully paid up shares of the Company has increased from 12,034,618,894 to 12,431,412,481. This is for your information and necessary action please.

stock with new 52 week lows
university press #3.29k
stocks with new 52 week highs
m & b #3.12k
Honeywell #2.17k
pz #24.00k
okomu oil #63.66k
access bank #10.76k