Streetinvestor2:
You no go kill me for road.Company way no fit buy new delivery trucks or do better maintenance for the outdated trucks they use.Charmpion trucks look like the trucks they use in carrying wood logs in ondo state.You go see many of them in ondo/osun state axis. Nobi only machine and plants they buy.

Your mouth will not kill you

This is NB.
100 lines productions
Champion only 1 line.

https://doclib.ngxgroup.com/Financial_NewsDocs/41031_NIGERIAN_BREWERIES_PLC.-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2024.pdf

Frangel:


Inspite of your setups, an interested person (with trading firm access) would do a cross deal of at least 100k at 1.17 to close price at 1.17.

You are 💯 correct

Streetinvestor2:
Thr exist price makes no business to anyone because they didn't say they are buying the remaining shell holders out.And they won't be the first to be buying out majority shareholders at expensive price.Many company have done it here.And it contributed nothing to the price on nse....na new person for nse go buy that story.i was paid by ardova 17 plus after buying it #65 from ote

That was delisting but champions will still be listed.you are getting it wrong .

If Enjoycorp buy Heineken shares at #10,I will remain in champion for a while because the share price has to move up faster

Frangel:


Please what does Enjoycorp benefit to "defend the share price till they come onboard"? They will also get the bonus just like others.

Most times, market prices of shares of a company should not bother management if they are not planning on capital raise or image influence.

Una postings on Champion sha. Amusing.

We are having funs.
Don't you like funs?

Zagee:



You have played your game well.

At this point I have nothing to loose.
I am always grateful to God Almighty.

This bonus came at the right time.Enjoycorp is not happy over Q1 result and want to defend the share price till they come onboard

222Martins:
Nothing concern us with production line or the bonus Na the Selling/purchase price of Raysun/EnjoyCorp be the ultimate decider of whether to go long or short.

It is this single production line the revenue increased from 2B to over 4B in Q1 of 2024 from the previous one.

You dey mind streetinvestor2

222Martins:
You dey find N5 exit price Before i put my N1 in Champbrew, i did a worst case scenario analysis. Raysun last takeover bid was in 2022 at N2.60.. That was what reduced the Free Float to 3%. Raysun will have to factor in inflation and FX discrepancies before agree to give up the stakes they worked so hard to acquire..............

Like i said, na 10% of my portfolio i deemed it wise to risk in Champbrew..........after thoroughly analysing the upsides and the downsides. This is to avoid running around on Nairaland crying like ChickenLittle Anyhow the pendulum swings, i will not lose sleep.

It was around 5.5% when they launched the takeover bid at 2.60 but managed to get about 2%.The remaining 3% which we have now refused to sell instead asked for merging with NB.I am sure Raysun is ever ready to buy this 3% at #5 whether deal with Enjoycorp or not.Raysun can't sell a whooping 86% of shares they bought and heavy investment at champions at below #7.

Zagee:


They are not making profit anytime soon, hence let us bribe them with extra shares because we know our share price will not survive what is coming if they have decided to go long with us.

I have IB shares too.
They are the grandfather of losses.
Let them give us at least 1 for 20 to console us.

Even if I sell my champions bonus at #2,I will still get up to 3m.Its better than giving me dividend.

Champions can go below #3 only on general bearish market

Monday May 13 to May 27 are dates for closure.
Qualification date 10 May.

Seems the registrar African prudentials will credt these shares within the both dates.They are always fast in doing things.

222Martins:
That is left for the registrars to decide....But the more important question is: Why will the management of ChampBrew issue bonus at this point in time; right before or after the sale of Raysun's shareholding?

The way I see it.This bonus is only for the 14% minority shareholders.Maybe they want to meet the 20% free float requirement from NSE since they want to keep champions listed.My opinion.
Q2 shareholding report will tell us more.

Meanwhile some people wanted to crash the price today but their 100k block deals were splitted just like what someone here said some days ago on Dangote sugar using Unilever as a case study.

Abeg make una help me push champions to #5 only.My only request

222Martins:
It is left for you to make what you want out of it. We await the second update on the exit price of Raysun...

I am still expecting another corporate disclosure from them on the change of Directors.

The deal btw Raysun and Enjoycorp announcement will not be now but towards the end of this quarter

222Martins:
It is left for you to make what you want out of it. We await the second update on the exit price of Raysun...

When do you think the bonuses will be credited to our accounts?

SetrakusRa:


This mean they didn't make any purchase (NIL) during the period in review.

Yes,I was wrong

Actually champions made some purchases within this 3 months. Without raising of funds.

I will like see purchases made by IB and NB if not with fund raising plans

yMcy56:

I actually don't have time for Sonofbuffet or whatever he called himself, just to tell him one or two things so he can know that stock market no be im mate.
Let him continue crying upandan and wasting his talent where he knew no jack about anything.

His Romance people are expecting him. Hell soon disappear from here.

Champions Brewery wey dem pay N2.60 as buyout price from majority shareholder.

Martins222, dey play you here. I no dey your league.

But chief minority no gree nah.
They said make them merge them with NB,they said no.

We no gree.Na by force to sell?

KayOn1:


That's the spirit bro but there are better stocks out there. Flourmill dropped below 29 not too long ago. If NNFM did North of 40, wait and see what happens...

Aby oooo
Many opportunities

222Martins:
LOL.......Sadly, the NGX market does not respond to do back or emotional outbursts.... NA corporate actions and announcements we dey wait for

Na to collect Wetin dey for table be my Koko.
Economy is not friendly with brewery stocks.
No matter the level of their bad results,they have seen the bottom prices

yMcy56:

Lol.
Loco will be like "turn the result upside down, you'll see the huge PAT made by Champions Brewery"

Waiting for the page or section he'll refer us to check for this....

Lol
It's your turn to do back.
I have not seen any reason to reject champion now.I am waiting for the announcement that follows the result.stay tuned

Streetinvestor2:
Bad is under statement,lol.local champion way the price is going back below #2.The loss for q1 fit carry the price go #1 if they continue at this magnitude

If champion's price will be battered because of Q1 result,I go know but why.Do you know the accumulated losses in NB and IB?

We go chop this dividend and keep eyes on Raysun exit price kwa

222Martins:
Lol...........The first thing i scrolled down to read was the shareholding structure for Q1 2024 They are still showing us the shareholding structure for December 2023

The final stage of the deal is coming up in this quarter.
Part of yesterday's meeting agenda.Lets wait for board changes announcement and Q2 report will show the latest shareholding structure

Streetinvestor2:
Bros you entered champion before they announced bonus matter

Tell Raysun to announce their exit price.
Remember there are other stocks one can make a kill if prices come down.We are here to make use of every opportunity

Streetinvestor2:
Bad is under statement,lol.local champion way the price is going back below #2.The loss for q1 fit carry the price go #1 if they continue at this magnitude

If market punish champion,begin to prepare for general bears.

Na japaul & co go lead the losers today.

ositadima1:



Loco come and see.

I know he will provide more justifications for buying Champion Breweries' shares, let's hear them though.

Let's see NB,IB and Guinness.
This one na one production line generated. this revenue

Princkez:
1 for 7 bonus...

This is one of the reasons.ok for me.At least I will have a bonus of 1,300 ,000 to 1,500,000.

KayOn1:
https://doclib.ngxgroup.com/Financial_NewsDocs/41018_CHAMPION_BREW._PLC.-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2024.pdf


Na Champion Brewery Qtr 1 be dis? I zip my mouth but e be like ...

The result is bad but the other 2 is why I am there.No mercy for any stock that underperformed

KayOn1:


Bros, 25% of my portfolio has been moved to a JIJO account so I buy and sell all Ngx stocks that meet my trading criteria.

No stock at NSE worth holding for long.

I am only following champion for nyash because if e no poo,e go vomit.Thats the only interest.
Once it menses up,e go collect wotowoto from me.

KayOn1:


Enemies ke? Screenshot the FS and post. Unable to download from my end. It is crashing my Chrome OS. Even NCR dey hang for road. Haba.

No worry to open NCR.
You will not like what you will see.

This one below is chams page

OBAGADAFFI:


The result is not bad.

I am after where the price is going.
Smart investors look at figures.
The figure is not encouraging or justifying the price at #2.
They need to explain the tax they paid.

KayOn1:


Summarize for us naa. The document they hang for 62.58kb/604.61kb and my network is not slow.

I don create enemies for myself this time.
I dey dodge my head for stones.
Chams na streetinvestor2 bus too.
They wan use TAX destroy the #5 bus

Na waoh

https://doclib.ngxgroup.com/Financial_NewsDocs/41009_CHAMS_HOLDING_COMPANY_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2024.pdf