₦airaland Forum

emmanuelewumi:
That will be decided at the Extra Ordinary General Meeting of the company slated for 22nd January 2020

Sir earlier this year Shamsudeen usman(GCON) left as director....... Any reason for this,

The news of pucheros joining Dangote is definitely a sad one........I think someone has to challenge Dangote on Antitrust issues cos he is fighting dirty in this cement game......The business of Cement is about volume sold......Who else to join Dangote Arsenal @ this time but one who possesses the secret of ur competition.......worst part is that makojun just came out of retirement to pave way for this man.......


1st quarter 2020 will determine if I will still hold on to Wapco......Aliko does not pity competition o!!!!!! He snuffs life out of them

swilo:
https://www.thecable.ng/michel-puchercos-resigns-as-lafarge-md-to-now-head-dangote-cement/amp

Is this old news?

What is the implication for Lafarge and DC?

Compliments of the season NSEMPArians. I missed the house.

Old news......He is to resume as DC Gmd by feb 1st 2020.....Only implication is that he is taking his 30yrs experience in the cement industry to Dangote,

locodemy:
Good morning folks.Welcome back to the market.

Today, Dangote cement,Wapco and Ccnn will begin to attract investors.The price of cement has increased from 2,250 to 2,500.This means there is now Demand for cement from the construction and building companies.

Others stocks that we should watch out......JB and other stocks that has one thing or the other to do with the above companies.

The bullish market is here to be led by Dangote cem.......index

Nigerians only scream @ the price of oil......Cement price increase nko......Cement price is tied to so many things too that affect the average man such as house rent.....My landlord already served notice of house rent increase this time last year but we dodged.......This time around the increase is here to stay

Quote me If you have got Kindle Oasis or any e-ink product

emmanuelewumi:
Makoju was appointed as the acting CEO and was also saddled with the responsibility of shopping for a replacement of the former Dutch CEO who resigned and went back to Netherlands.

Makoju was a Non executive director of Dangote cement, but was brought back from retirement to manage the affairs of the company till a good replacement is employed

Hmmmm, This is very incisive.......

emmanuelewumi:
Makoju retired as the CEO of Dangote cement. Makoju was the CEO of Wapco about 20 years ago, he should be close to 70 years.

but why make him CEO for only 1year+ reign......

dipoolowoo:
Dangote Cement Picks ex-Lafarge Africa Boss as New GMD/CEO
**As Makoju Quits
https://businesspost.ng/jobs/dangote-cement-picks-ex-lafarge-africa-boss-as-new-gmd-ceo/

Something Fishy is goingon in Dangote Cement........... In 4 years you have changed MD/CEO 3 times.......................... Kind of like Dangote Cement has casualised The Position of CEO....The way Pucheros left larfarge too is fishy but what kind of salary or package was used to lure this man after the Good works he crowned at Wapco..........................................So many questions, so few answers..........................Only time can tell

aremso:
you guessed right, is one of them.

Oga pls spill what u have heard on the ownership and how it might have been brokered, I suspect amosun the most as during the campaigns of last elections,femi otedola was courting the likes of Dapo Abiodun the current governor of Ogun State, mind you Dapo Abiodun chairs Hayden petroleum from the best of my knowledge........,

aremso:
for forte oil, i got a first hand info that it was one of the past gov that bought the shares from otedola but used the prudent guy to front, is a well known gov probably he wants to hide his loot

Amechi, Amosun, .........Pls spare us the suspense and name him let nsempa members add up what can be going on

@ wapco Pucheros reign as CEO is over, we would see what Abdul-Azzez has to offer, the old ceo clean up the table for the new ceo to build upon,I think Larfarge is gearing up to take Dangote head on and compete with them on every metric, even Dividend Payout...... I see them payout dividend of @ least #5 in 3 years time...................................... Caveat: im not monkey hunting o

Biafran4life:
Nothing will happen.Instead of them preparing to win election come nov,they are looking for shortcut.They didn't impeach the last president that was the worst thing that happened to America and the world.Now they want a president that truly have his people in mind out because of funny reason.Obama was part of the mess we are experiencing today in Nigeria and Africa

Africans and finger pointing are like 5&6, If given the opportunity would you have done a better job..................Obama is among the best presidents the US has produced, he made the best out of the situation that George W.Bush left and was re-elected after his first tenure by Americans to continue the purpose of Americans ......

America wants to relinquish all doubts that they are the supreme world power at this point in time in all other aspects of nation building other than Military,thats why the card fell to Trump.........

Funnny enough all politicians are the same, the same intrigues going on in Washington is similar to what happens here in Nigeria, see how they are fighting dirty is comparable to APC and PDP........Only difference is how it is reported to viewers

OakPearl:
Just imagine the name they chose for themselves amongst the millions of options available to them: GRIEF, meaning suffering, hardship, bereavement, etc.

Accordingly, their shell holders have been grief-stricken until it's now bereavement.
Morals: You become what you think about.

It's a company with parents in Netherlands.....it surely must mean something good in Dutch..... It's also a multinational with presence in many ports around d world.......

RabbiDoracle:
Those that bought and did 10 to 15% when Access was at 5.6, are they not losing to have sold. Now they must buy back what they sold at N9+

Ogami, I now believe the best time to buy stocks is during d period of bad news......Na so I bad mouth Access during merger proceedings but 1year+ Now, it has delivered nearly 100%,

Godlylifeoneart:
INTERNATIONAL BREWERIES..... I searched the web all night, looking for a convincing information on International breweries rights issue. Most independent foreign analysts voted for investors to sell out the shares and bail out ASAP.
The only selling point was the acclaimed largest brewery in sub Sahara Africa, powered with renewable energy (Solar)
Performance was technically bad for both Technical and fundamental analysts
The rights issue proceed might be used to offset the debt incurred by AB inbev on the breweries.
At the end of the exercise, the status quo will remain.
Finally,i have this to say.
It is important that the investors of international breweries must not get tempted to the discounted rates at which the right shares are issued by the company. They must do their homework well in advance and must only invest if they are completely sure that the funds raised from the rights issue will be used for the betterment of the company, doubtful?? . After all, it does not make any sense at all to invest in the rights issue shares of the company with a bad performance and lose your hard-earned money. Hence, CAUTION is advised before you make up your mind to go for the rights issue of shares.

The brewing industry is in a mess and all firms here are trying to clean up their books.......I'm currently waiting for Guinness and international brewery to touch rock bottom then I will join in.....This administration seriously is not favoring them.......

I feel the best way is to set up a payment system where a third party probably opay or bank holds the money down while both parties wait for fulfillment of agreement......once both parties are contented......credit and debit are both made to respective account albeit for a token......The problems described here reeks of 18th century English market place.......It was solved by banks and it is only banks that can solve this issue..... Let them stop thinking of new ways of making deductions from our account


U guys can talk to some of this new financial setups, they are all just looking for free money and not being innovative meanwhile there are real genuine problems that when solved will yeild them good profits..........


Emmmmm....,,,This is Nigeria �

RabbiDoracle:
This should hit 50 kobo before end of December 2019.

Chai......without govt patronage education is dead...... I remember back then in my school days there was a hugh used text book market @ Oshodi......today with cheaper printing tech pirates run amok

anybody with iphond 5s or 6

To Oga Ogg, current price and other good F.A in the house......

I'm currently eyeing Dangote cement but @ what price will u touch it......Going by cement sales volume this year has not been a good year for the coy, I believe this will trickle down to dividend payment, I believe they will pay about #12 dividend this year............Also this share buy back that the management is proposing to carry out, when you look @ it critically, What are you buying back when you "Dangote" owns 90% of the company........

Taking a cue from FO, they bought shares back so as to change the name of the company, what could be up dangotes sleeves

The fantastic rise in neimeith looks strange.....They are definitely up to something like raising money, probably going the route of fidson hence the fantastic report they have been churning out lately......I still prefer stocks who the Men championing their course have National importance.....Neimeth does not fall into such category.......I will rather look the way of Vitafoam or Racunity&pet as they have shown consistence in churning out wonderful result......,

My worry with Oando is this,

Why are they not considering Organic Growth??

After Acquiring an asset for COP deal which turned out to be Toxic, Who know if Exxons exit will spell Doom, considering the fact that most European and asian Cities are phasing out internal combustion engine cars for electric by year 2030, also Climate change Bruhaha

I feel the last Global Oil crisis that shot up the price of oil to about $200 a barrel was orchestrated by "Big Money" to dispose off Assets Globally like Conoco Philip and Wales Team fell for it and Bought at an outrageos Price, What could it be that Big Moneys have seen that is making them Dispose off this assets Globally.

Recal that The Saudi Prince owners of Saudi Aramco are now willing to Share their Oil profits with everyone hence their IPO, Exxon are selling off, Chevron has exited Nigeria, Total is winding down operations.......

In all this Wale is the only one looking for money to acquire this Assets......Dangote right here is Nigeria is fighting tooth and Nail to finish his refinery and sell products to us all, He hinted in last press briefing that He will only buy crude @ international Prices and never into deals with NNPC.......




Any way I dont trust WALE, but I know the price of OAndo is about to go Magical...... I am OK with 40% profit with my position here........ Oando will never be a medium term not to talk of a long term investment for me

PETERiCHY:
April 04, 2019 / 10:17AM / By Reuters


Nigerian oil company Oando PLC aims to raise fresh capital over the next two years and repay debt used to acquire Conoco Phillips’ Nigerian assets, its chief executive Adewale Tinubu told Reuters.

Tinubu said Oando PLC has paid over 77 percent of the acquisition debt and plans to pay-off the rest in 12 months, which would allow it to resume dividend payments. He said Oando would be left with total debt of $300 million.

https://www.proshareng.com/news/Stock%20&%20Analyst%20Updates/Oando%E2%80%99s-Plan-to-Deleverage-and-Remain-Profitable/44748

Those of us warming up for OANDO RALLY cum XMAS RALLY rightnow

how are we going to key in to this................. There is definitely money to bemade here short term

Kolping:
The Finance Bill, 2019

Banks to request for Tax Identification Number (TIN) before opening bank accounts for individuals, while existing account holders must provide their TIN to continue operating their accounts

https://pwcnigeria.typepad.com/files/finance-bill-2019.pdf

Cashless Nigeria will end up being a curse, every one just want a piece of your pie...Govt is just taxing both parties to any transaction

Kolping:
The Finance Bill, 2019

Banks to request for Tax Identification Number (TIN) before opening bank accounts for individuals, while existing account holders must provide their TIN to continue operating their accounts

https://pwcnigeria.typepad.com/files/finance-bill-2019.pdf

The average Nigerian is already over taxes...The problem is that there are too many rogues eating this tax before it get to govt cofers.....We Nigerians pay so many indirect taxes @ checkpoints, schools, govt offices and parastatals, shops, and at all public spaces....They all go unaccounted for into private pockets

DeRuggedProf:
That bucket 5 is ZENITH.......

That's how accountants in conjunction with Nse confuse most of us......... Now Fbnh come turn bucket 3

onegentleguy:
The opening of the pipe that goes into bucket 5(from 3) is CLOSED at the point of entry to 5.
SO WATER CAN'T EVEN GO INTO BUCKET 5 my dear. ...not even a single drop of it !!
U need to wear ur glasses to see a bit more !!

Regards

Hmmm,
U really love to read the tiny fine prints, while we just gloss over the front pages...... U r really a blessing to this thread.....

onegentleguy:
Wrong answer, pls try again !!

Oga off, he is actually right....as a street man, a bucket is full when water begin pour comot.....na bucket 5 go first pour water for ground

PETERiCHY:
UAC of Nigeria Plc closed at N7.60 in yesterday’s trading session on the Nigerian Stock Exchange (NSE), down 0.65%. Year to date, the stock is

Investors that have held the stock, in the last 5 years, have lost a key chunk of their holdings. In April 2014, the stock was trading at N53.78. Investors that have held since then, have thus lost over 85% of their holdings, in terms of share value.

https://nairametrics.com/2019/04/04/uac-of-nigeria-hits-10-year-low/amp/

Let me help someone's ministry if you know you know.

BARGAIN HUNTERS BETTER FOLLOW THE MONEY & DONT BE LEFT BEHIND!

*ThE OcToPuS*

So many stocks like this on the Nse( oando, forte oil, Mrs,conoil,JB, cadbury,wapco, fbnh, transcop)........... But some are undertaking the pains of rebuilding
their houses back....... This is why I really love to management gossip and rumors, as any of this companies that get it right again can deliver over 500% in the next 5 years..............

Mcy56:
Chai! Why Wapco?
I know its being recommended severally here but with the fall in cement coy prices, do you still think its a good buy at currentprice, or to wait for pull back first?

My feelings though

Once Dangote cem can execute their share buy back, it's price range will go up........ This will trickle down to Wapco..... The main fuel for Wapco will be their first and second dividend payout after this restructuring period as this will give institutional investors a better yardstick to price it....

Nairaland is a big market place and there are monikers that have stake their name locations and reputation to build a thriving business here........why in the name of ifa will I do business with someone with an unknown picker in obodo oyibo.............people in the tlc biz raised all d red flags, someone went far digging out d day this classiq guy registered and warned people that he is a setup......lets all stop throwing blames....id classiq scam u, u r to blame........just count your losses and move on and learn the lesson

wema returning good........................once it does 50% i seke

currentprice:
there is one penny stock pple have been over looking, the stock is weak looking for strength, the Q3 doesn't help the stock at all, though currently below fp. if the price shed more to familiar junction, the probabilities of 200% rise is high _{^{sentimentally}}.

Lol... am not referring to transcorp o

pastor vee is coming for cp vuuuuuuuum on my leg....

I smell wema..................patiently saiting for wema @ .51k