₦airaland Forum

peepydelano:
Igbos and gragra, he didn’t write anything bad. That’s how they cluelessly started celebrating Obi’s victory early not knowing he’s not even in the race. I urge all Nigerians to accept the outcome of this election, it was very free and fair.

Yamiriflathead:

Although disappointing
Tinubu tried to hold Lagos with the figures he pulled so far. Lagos is the Capital of Southern Nigeria, so what were you expecting?
This was a fight between ibos+SS+woke yorubas against Tinubu supporters in Lagos who are mainly yorubas and maybe Hausas in Lagos.

I hope Tinubu and yorubas have learnt a bitter lesson from Lagos Elections not to befriend and feed a cub because it is homeless, hopeless, and dying. It will grow up and eat u up someday.

I'm happy yorubas can now sit down and ask qtns as to how they got everything wrong and redress it with BAT as President.

The take home from this defeat is..

Yorubas need to stop drafting non yorubas into the civil service and stop giving them prominent appointments. There are always technocrats who can always fit into any political office from the SW

Yorubas need to stop selling their lands to non yorubas in Lagos and SW

Yorubas need to stop giving out local government of origins to non yorubas in Lagos

Yorubas need to stop allowing non-yorubas contest for Elections in Lagos or SW

Yorubas need limit the numbers of voters registration of non yorubas going on in Lagos, they care so much about Lagos and don't care if their homes rot, Henceforth let them go home and vote. They can't come and dictate to you on how to govern urselves after creating an enabling environment for them to thrive.

Contain them politically, Period!

Congratulations to the incoming President of Nigeria BAT the ASIWAJU of Lagos for winning the most Free and fair Elections since our Nascent Democracy nothwitstanding

Roboto11:
Igbos are funny people.

Simply because of Obi.

Once he loses they would beatify Ekpa as a saint.

Basicend:
Oya! Let's judge once and for all;

Please click;

Likes, for Peter Obi.

Shares, for Tinubu, Atiku and Kwankwanso, all put together.

rayvelez:
make you tell our darling daddy to send soldiers to these hoodlums abi nah still ibo people or EndSars protesters....

CoronaVirusRelo:
Just look at how hungry and unkept they look!

Lots need food

onegentleguy:
And am sorry Awo, but I have stopped talking about GSK.

Yes, your assertion is to a large extent correct, but it still does not rob off the slightest, the immense value accretive potential of GSK.
Good thing is; your post also highlighted that part.

For clarity, the part of my post that reads; "even if its just 0.00001% of that fund that the Nigerian business entity gets...", is not indicative of what GSK Intl could pay it's Nig business entity from the £50B figure, but to serve as a yardstick/benchmark to how much fund the Nig arm might get given a similar deal.

In retrospect, if GSK Intl could get as much as £50B for its consumer health care business segment alone, why can't the Nig arm get even if it's 0.0000001% of that figure (I added 3 more zeros this time)

To illustrate; GSK Intl sold their Lucozade/Ribena drink subset to Suntry for £1.3B (<N700B using the Fx rate at the time) and the Nig subset was later sold for N20B... which is approx 0.0285% of the funds gotten from the Intl sale. (i.e 20/700 x 100)

Now assuming we use a similar extrapolation for the proposed consumer health care sale, is it possible that GSK Nig can get, NOT that 0.0285% this time, but maybe a much smaller proportion of 0.0000285% or even a much more minot figure... 0.000001% of that £50B for its Nig consumer health care arm?
And by the way, GSK Intl already turned down the £50B, and are asking for more. ...which means that the plenty of zeros I kept adding to extrapolate/attache an amount for the Nig arm might even be a bit much.

Again, remember that those who would be at the center of the sale of the Nig entity if and when it is sold will still be GSK Intl who hold a majority stake in GSK Nig.
So by implication, the sale of the Nig arm should it materialize, will also not come cheap.
...Just thinking out loud!

Now here's a food for thought: Am sure you would've doubted that FLOUR MILLS could consider paying as much as N7.6+ even if its to the core investors of HONEYWELL when the share price was languishing at N1+ in months with everyone apparently disinterested in it. ...or that Alhaji D could broker as much as near N25 for Dangote Flour from Olam even when DF struggled for yrs post its initial sale to, and buyback from Tigerbrand.
That's the power behind investigating a coys EV, CFP, CGPR... and much more

Hint: Recall my several past post on GSK' EV and CFP... that can help give you further clue and guide.

Finally aside their Intl spread, there's a reason why the 2 coys involved (GSK and UNILEVER) also both have a presence in Nig and are both quoted on the floor of the exchange.

On a side note, sometimes the consequence of having things take place in sequence is that "a slave can actually expect to get paid after his master have sold him to another slave owner" if you know what I mean.

I do have a lot to say, but I think I've already expended enough time on GSK.
I've got no more time for further long epistle.

Regards

locodemy:
No I didn't.I have over 15m units of Transcorp and I can't sell all at a time.i have to adapt to trading on it since it has become a range stock.Selling high and buy back low is the only option for me in Transcorp till Uncle T decide to take us to 7.45.I am with you my brethren.It will be okay if you can implore same method to increase your stakes.

locodemy:

I don't know

locodemy:
Transcorp's age grade.
I dey fear to see grey hair oooo.

PETERiCHY:
TRANSCORP fair VALUE is N8:80k

BARGAIN HUNTERS TAKE NOTE!

We MOVE!

RodgersAkpafu:
That's true
However, for someone who isnt that exposed to foreign currency transactions like that, it really does not make much difference, as long as the absolute value in naira terms appreciated a lot.
It is those of us that have direct forex exposure , or diaspora Nigerians that will really feel the pinch of this when they want to repatriate their currency

megawealth01:
Na old moniker

Godisfaithful:
Cryptocurrency

Nigerialabalaba:
So you don't have dollars and you and your dollar and naira exchange gang like dat Oga @godisfaithful come dey derail this thread and want to turn the thread to naira to dollars forex thread.

Cc
Dominique
Mukina2
Myndd44
Seun
Lalasticala

Please come and help us clean this tread and ban these people wey want to derail this tread.
This thread na for Nigerian Stock Exchange Market Pick Alert not forex pick alert.

People don abandon this thread because of dis people

MOD Abeg help us ban or remove dem here and their endless foreign exchange comments so dem go move to forex thread and we go fit face our NSEMPA business here.

Godisfaithful:
In another news update:

$1 is equal to N575 at present September 16, 2021 10:58pm

God bless Nigeria!

Godisfaithful:
I’m sorry my saint and always positive brother. Don’t worry NSE and President Buhari are the best combo for Nigeria. I yam sorry, I wouldn’t be negative again

Nigerialabalaba:
You for go through the history of the comments of the pesin you are responding to and learn one thing or two before falling for every online comments .
He is so much filled with negativity, hatred and bigotry against everyone not from his tribe and religion especially President Muhammadu Buhari.

If Nigeria don finish as him and you dey write in most of his comments, wetin una com dey do for NSE? I pity people wey dey buy shares of companies wey all una negative people dey buy dem shares. Una go use una bad belle finish those companies. If una buy Gtb, na dat time Gtb share go dey go down because na so so bigotry and bad blood full una mind.

Dis same country stock market wey I see people use sacks carry plenty millions for money from vitafoam, Oando, Cutix , Livestocks and Honeywell , na him someone dey curse? Na all of una no go partake For d blessing o. As una no see anything good for this country , na so una go dey lose lose for NSE, no be curse o.

Make una leave our NSE for us, go una US or whatever stocks, abi na by force to do NSE?

Godisfaithful:
Updates: $1 = N542 (In Naira) as at 11:50pm on 9/9/2021

NSE??

Godisfaithful:
Updates LOL

1$ = N530 (Five hundred and Thirty Naira)

August 31, 2021 as at 7:15pm. Let's see what the next 4 months hold for our exchange rate policy

And don't forget what Buhari cannot destroy does not exist