₦airaland Forum

Chibuking81:
Here are numbers of companies that will likely pay interim divided in Q2 2017.


9.Dangote sugar (50%)
10.Dangote Flour (50%),
11.Nasco (50%)

DeRuggedProf:
Can we guess how much Dangote made from the sale of the noodles unit and its potential impact?
I cant find the info on the rough amount anywhere.

afo7219:
your reasons pls

DeRuggedProf:
- The head is finally off the body. I cant shout.
- This Etisalat will make Access shareholders smile in the long run.
-Loans are not designed to make borrowers rich , ESPECIALLY by Access bank. A loan from Access is like a guaranteed Cardiac Arrest certificate.
Those who borrowed from access in the past are feeling me. Wigwe no dey hear stories...

ExLaidback:
This is a big win for the lenders in this case and so reasonably good for their mid to long term stock price. I'm speaking as an outsider.

This is simply because, Etisalat didn't run into a blind spot because of bad profitability or operations per se. It found itself in this bind primarily because it was unlucky to have taken a dollar denominated loan shortly before the dollar was devalued. Right? So the company by and large is profitable - especially now that they no longer have to pay interest on the loan since it has been converted to equity .

So in the interim the lenders have a source of cash flow while they scout around for new buyers (note that they are not likely to hold onto Etisalat since they don't necessarily have the expertise to manage it). They're also likely to sell it at a profit. (since as i said above, I believe that Etisalat is still a profitable company).

The point I'm making in essence is this would have been an entirely different story IF Etisalat's indebtedness was due only to poor management and not unfortunate circumstances.

So the major losers in this deal are the previous owners who've lost hold of the company.

However my take as outlined above only holds if the new owners allow the current management to manage the business without undue interference and so on, unfortunately this is Naija...So I might be wrong

Thunderlicious:
Which bank are you using for e-dividend? I use FBN and no alert from my side yet.

chunkuli:
pls whats the rumour

veecovee:
what's d rumour on dangflour pls?

fxuser:
opens higher again
touching N2.00

Princkez:
what did u see

ukay2:
Dont exit and regret....though greedy not good...

Oga Tony will manage this N200billion well.....more money coming into the company from the NEWLY SIGNED BUDGET....

fxuser:
- weekly looks very decent !
- you know it wants to break out
- patience

gambei:
i have marked all morgan capital apologists and sympathizers; so should everyone else these guys are our proverbial double agents

stcool:
So this is how they want to take Forte away from the reach of the masses again?

holm:
Valid position here. Our almighty banks, sometimes experience glitches and tell customers, system down. We don't say, our money is being used for FX related tradings etc.

Chibuking81:
I strongly believe that they use our money and shut us out from gaining access to our account, bro BullBearMkt infact this act is manipulation senior brother.
Ok you suggest we complain to them, the reply they will give, will be that of covering up their act.
I believe that they see and listen to our complains here.
They should better do something, before something will do them.

2zona:
pls how exactly do they gain when their platform is down and clients can not trade for them to earn their commission. cos am thinking they should be loosing a lot of money each time their platform is down. pls tell me more of what i dont know.

locodemy:
I learnt that GLOBACOM is buying out ETISALAT.
If this happens,will it have any reflections on Mike Adenuga's investments like CONOIL,STERLING BANK etc?

OBAGADAFFI:
This particular pull back is not good for FBN.

Some People will lose billions today, simply because the didn't take profit on time.

OBAGADAFFI:
And why do think they are taking profits same time on FBN alone, why not UBA or Access.

FBN is currently doing house cleaning, and until that is complete, it will continue to experience massive volatility.

holm:
The site is different. I go hold you responsible for eh, eh

holm:
What is this MeriBoss coming up in place of Meritrade website

swilo:
Yeah, their site is all messed up.

Though, I expect it to be up shortly. For new orders, send email to "contact@meristemng.com."

fxuser:
Sugar broke N8 quietly
Like the DAngFlour chart on d weekly too
Lowest weekly close since May last yr was 3.85 'ish (stop loss)
Loads of support and accumulation activity over d last 52 wks
Wkly MACD been hugging above d zero line , wt Wkly RSI inching up above 60
Nice higher vols above avg (Volume precedes price )


Dis:
Been buying gradually and still buying.
the stock has explosive experience

mercylicious234:
MKT is reversing.
This is the danger of joining an already moving train.
I expect jijo ppl to jump out now from fbn and reversing others b4 it turns to full offer like Mobil.
Does anybody know the exact date of the buy over?