₦airaland Forum

robobo:
if the news of buyout/delist flies below are my night school analysis of what a fair price should look like


Lafarge (Wapco) back of envelope possible buy out price (going by link shared by sunrise)

Hoacin bought Lafarge Zambia with a capacity of 1.5m/t for $150m for 70%

Meaning 100% of Lafarge Zambia is priced at $200m for 1.5m/t which equals $133m for 1m/t capacity

Hoacin bought Lafarge Malawi with a capacity of 0.25m/t for $10m for 100% which equals $40m for 1m/t

Above means Hoacin paid an upper of $133m for 1m/t capacity and a lower of $40m for 1m/t with an average of $89m for 1m/t

From above for a Lafarge Nigeria with a capacity of 10.5m/t the

Upper buy could be 10.5 by $133m equals $1.4bn @ 1600/$ gives N2.24 trillion with outstanding shares of 16.11bn gives a valuation of N139 per share

The average buy could be 10.5 by $89m equals $935m @ 1600/$ gives N1.5 trillion bn with outstanding shares of 16.11bn gives a valuation of N93 per share

Lower buy could be 10.5 by $40m equals $420m @ 1600/$ gives N672 million with outstanding shares of 16.11bn gives a valuation of N42 per share

So we have three possible scenario of N42; N93 and N139

42 is already affirmatively broken, so maybe we could test 92 next (if no info comes out before it gets there)

Selah


i have some few units of Wapco so i might be blinded by sentiment

megawealth01:

mikeapollo:
My brother, let us be open-minded and happy whenever one of us here says he/she has made some good fortune from NGX. We have nothing to lose if it is true. And if the person is faking it or deceiving himself, you have nothing to lose as well even if you believe him/her.
Only a shallow-minded person would be deceiving himself/herself here with money that he/she has not made. After all, our pictures and identities are not disclosed on this platform, so there is nothing to gain in terms of publicity from making false claims here.
Going by the depth of analyses that she does on stocks, I for one would not doubt if @bovali (or any other person) claims he/she has made N500m or N1b from Oando or any other stocks

It could sound like skin-pain; as if we are unhappy, sad, petty, envious or jealous when we describe someone's breakthrough as ''fake like''.
Some people on this forum can make more than N500m from a single deal or stocks on NGX.
We have different investment goals, strategies and different background, experience, opportunities, luck, privileges, capacity etc., hence what may sound or look impossible to one person may be achievable for someone else.
Oando, in particular, could have turned a lot of people into multimillionaires and billionaires overnight, especially those who acquired multi million units when it was selling for N3; N5; N8 etc. Someone who bought like 10m-15m units at that time is already a billionaire or about to become one.
After all, we all are here because we hope and pray to make it in the NGX, even if we have other legitimate sources of income, business etc.
Let us just be happy for them, and it will get to everyone's turn, one by one.

Xidget:
I have to a conclusion to filter every call from here. Make person no follow guru enter bush. Lol

Cos, it's not enough to buy sound stock. Entry price is very important.

Ojemedad:
No money was wasted bro, it moved from foolish people to smart people, money is never lost

megawealth01:
Mr Time and Market sabi humble people eh

Ginalex:
I wanted to point it out o... But I no want make them throw stones at me you know say I be baby tradevestor

ositadima1:
Buffett was lucky for several reasons, which I will discuss later. He wouldn't have come this far if he were to start today as a young man, regardless of what his proponents might say.

Let me start with the fact that while he had both big losses and big wins, he actually built his wealth by investing other people's money - lots of it. It's not the "from scratch" tale that people often tell.

Warren Buffett has had several notable investment losses throughout his career, which demonstrates that even the most successful investors make mistakes. Here are some significant examples:

Dexter Shoe Company (1993): One of his worst investments - Buffett bought the company for $433 million in Berkshire Hathaway stock. The company later became worthless due to foreign competition, and the Berkshire shares he used to buy it would have been worth billions today.

ConocoPhillips (2008): Buffett bought shares near oil price peaks, later admitting he made a "major mistake" when oil prices collapsed. Berkshire lost several billion dollars on this investment.

US Airways (1989): Buffett invested $358 million in preferred shares. While he eventually made money on this investment, it was very volatile and he later called it a "mistake."

Tesco (2013-2015): Berkshire lost about $444 million on its investment in the British supermarket chain after an accounting scandal.

IBM (2011-2018): While not a total loss, this investment underperformed significantly. Berkshire sold most of its stake at a small gain, but opportunity cost was significant.

Buffett likely wouldn't have achieved the same level of success starting today, for several key reasons:

1. Market Environment Today:

- Sophisticated algorithms and high-frequency trading
- More competition from hedge funds and institutional investors
- Information is instantly available to everyone
- Much harder to find undervalued companies
- Markets are more efficient and regulated

2. Entry Barriers:

- Would need much more capital to start
- Harder to get wealthy people to trust a young investor
- More regulatory requirements for managing others' money
- Need expensive licenses and compliance systems
- Competition from low-cost index funds

3. Different Opportunities:

- The bargains he found in the 60s-80s don't exist anymore
- Can't buy whole companies as cheaply as he did
- Insurance "float" strategy is widely known and copied
- Private equity firms compete for business acquisitions
- Higher valuations across all markets

4. Today's Successful Investors:

- Often focus on technology (which Buffett largely avoided)
- Need quantitative/technical skills
- Require faster decision-making
- Use complex financial instruments
- Need large teams of analysts

nosa2:
Journey never even start sef.

No too loud am because I wan buy more but money never drop

Agbalowomeri:
How long have you been in the market? There are some habits that gets you locked up in the market when serious bear arrives. The bull season gives some false sense of invincibility with these trading habits. Enjoy it while it lasts

Basiljoe:
Climate change is a big hoax promoted by the left for incentives and political gains.

Locotrader:
Make una help me check sectors they are investing these $ in Nigeria oooo

Foreign investors bringing $30 billion into Nigeria – Tinubu https://www.premiumtimesng.com/business/business-news/754030-foreign-investors-bringing-30-billion-into-nigeria-tinubu.html

N2B2:
You can be happy all you want.

By the time Trump delivers on some of his most radical promises, including repealing Obamacare, deporting migrants "by the millions per year," and slapping a huge tariff on all goods imported to the US from China, the eyes of those independents and minorities who voted for him will clear!

ogbonti:
ONCE BEATEN TWICE SHY

when Trump picked some members of the GOP establishment just to gain acceptability, what happened ?

Jeff Sessions was made AG and he betrayed Trump by recusing himself from the Mueller Investig which exposed Trump to bad press

John Bolton nko? a member of the Bush GOP establishment - did he not betray Trump and lied against him?

What about the black lady Omarosa? was she not the one leaking to CNN within hours of Trump transition team deliberations ?

LOOK - with all Trump has suffered in the hands of the so called establishment - IF he decides to make ONLY his friends appointees

In his administration - I will not fault him. He has been burnt before by disloyalty - he needs all the loyalty now to perform

TIME NO DEY!!!

megawealth01:
Pastor Chris is my Spiritual Father so I know our language 😘

megawealth01:
You belong to LOVEWORLD?

edwardaigb:
God Bless you for all you do. Thank you.

sky2891:
Barbican Capital Seeks To Withdraw Lawsuit Against FBN Holdings For Amicable Resolution
#Lawsuit #Fbnholdings

https:///365d1e2a241112en_ng?link=1&client=news

Streetinvestor2:
@ Agbalowomeri,
You never talk watin you buy make we know if na bull or crayfish. Na to dey yab other people own.

On another note your expertise may be needed in guinea now that other guyman is in jail.If you decide to answer the call ,Pls avoid married ones. If you never wan die..lol

descarado:
1m for Oprah.
All these newspaper. Una never learn.

Locotrader:
Their funding and withdrawals are not seamless.You have to send email and follow up by WhatsApp chat.

I have done 4 transactions and made my first withdrawal on Friday.

Their charges are the lowest among all brokers.I will be using them only for Jijo and a maximum of 5m value transactions.

My experiences so far not bad sha....

Locotrader:
Open an account with the following brokers if you need very low fees which matches your trading ambition.

Apel asset 0.50%
Atlas Portfolio 0.40%
Morgan capital 0.50%
Note: These rates are when you trade directly on their platforms.Enjoy

You will not make anything with those brokers with over 1% charges unless you want to hold your stocks for long.

blingxx:
Can you imagine she even change religion because of money 🤦🏽🤦🏽 ..I pity those guys their early twenties chasing women instead of money

dominique:
I thought the Dems claimed they raised over a billion dollars for Harris/Wals campaign? Which one is campaign debt again?

azadus18:
First time ,I will be reading something this long to the end on nairaland

Sunrisepebble:
https://punchng.com/hitech-to-complete-abuja-kano-road-after-julius-bergers-removal/?amp

Bit worrying for JB owners like myself. Seems they have issues with the present administration, or rather the present administration would rather give their friends, Hi-tech, contracts

igatit:
If they were tribalistic she wouldn't have stood a chance to contest for any political office. Allow sane clime to do there do biko

SmartPolician:
Nigerians should mind their fvcking business!

Donald Trump is the president-elect of the USA, not the president-select of Nigeria.

Let's see the magic wand he will use to end the Russia-Ukrainian conflict.

Americans are obviously not ready for a female president yet.

EnterpriseMan:
Ikr. They keep calling Trump a rapist and yet no evidence was ever found, and yet Kamala the LovePeddler who slept her way up is who they wanted
I mean she was literally the pet dog of Willie brown the former San Francisco mayor who was married. That was literally how she started her political career. She has nothing to offer, just a puppet

SonofElElyonRet:
At least you are about to break even 👍

Theoarhics:
They terminating projects awarded to Julius Berger just reaward them to Hitech , a construction company owned by Tinubu's family. They have turned Nigeria to family business.

naturalflow:
prophet leave first bank first,say something,there is fire on the mountain oooo