₦airaland Forum

bigjay01:
Why she no go do shakara? you think say e easy to survive prof Achi, Ndubuizu and co?

Get the narrative...

Mcy56:
Modified: Think I now remembered the kolanut you are talking about, na your moniker they follow you but I no get the kind kolanut big man like you go collect na ...... Agba...lowo...meri. Chai!!

Your "kolanut" might be as big as he likes them. Befitting. Just try Agba and see.

rationalmind:
I have made up my mind not to sell my holdings, even if it takes 10 years for them to return to profitability.

I will not sell to grave robbers like Rabbi, cp, mendes, chib and whoever keeps waiting.

They can buy from others but not from me

FUTO Mech. Eng. babe go party for IMSU dey talk say she go do shakara for all the guys wey go attend the party! Imagine.... FUTO babe wan do shakara where IMSU babes plenty. Make the babe no worry, enough willing and finer IMSU babes dey.

On this same note, Oga Rational, no bother ooo. More than enough people are willing to sell to us at the right time.

Mcy56:
With kolanut abi for kolanut? You dey village still wan collect egunje for village?

It depends on your understanding of kolanut.

The kolanut Coolcash will drop for Agba will be very different from the kolanut Agba will request from you.

fxuser:
fear can do many things to d mind . . . esp wen its ripe & fresh

Fear that made people sell Zenith Bank for below N9. A stock that had EPS of over N2. May we never be that scared.

locodemy:
It has to be between now and september.If by october,their result improve again,guy it will not be easy to get it at #1 again.

Is their result as spectacular as Zenith Bank?

Agbalowomeri:
Woundjurement gang

LOL. You no go keep quiet.

fxuser:
halted the bleeding . .

Yep. Sir Tony did well for Transcorp shareholders by releasing result when they did.

locodemy:
Anything arond #1.00 is a good buy.Lets hope it will later come down a bit.I am also waiting for it.

Depending on when Sir....

Missing Members: DeRuggedProf, Sir Tolu, Peterichy. I hope this is self imposed exile and not bear imposed.

If not for this Q2 result, maybe Transcorp would have reached our junction by now. Maybe!

Cadillac15:
When i pointed it out initially, this same mendes and swilo came for me.

Thank God for showing them the light.

Oga, it won't be fair for you to quote me wrongly..... Re-read my reply to you that day.

BullBearMkt:
...@Agba-lagba not totally correct sir. Brent was in red int July from 2014 - 2016!!!

Welcoming BullBearMkt.... Welcoming the bulls. Make we begin buy immediately?

Chibuking81:
Transcorp is not a company you will invest and sleep. The moment any part of its subsidiaries becoming profitable, Mr Tony will carve it out and list it separately without giving any part to the existing shareholders, Transcorphotel as a case study.

Sir Chibuking81,

You can speculate for all you care but please for the sake of newbies be sure of whatever you are posting before you post (Especially when you are being specific). You have made a lot of these mistakes and I begin to wonder whether they are candid mistake or just you playing to the gallery. There may be newbies here that depend on what some people post here, we can sing "caveat emptor" as much as we want but they will swallow our post hook, line and sinker.

I take God beg you.

NB: I don't have any single unit of Transcorp Plc or any of it's subsidiary.

Chibuking81:
Transcorp is not a company you will invest and sleep. The moment any part of its subsidiaries becoming profitable, Mr Tony will carve it out and list it separately without giving any part to the existing shareholders, Transcorphotel as a case study.

Chai. The way/manner you come up with assumptions. Just sit down and clap for yourself. Do you read these annual reports upside down?

Chibuking81:
Which side are you?

Am on my own. So you were sneaking in online to read all our posts and kept quiet. Chai.....

Chibuking81:
When I was advertising their company to see #50, I vividly remember, you kicked against it, now I have turn to your side and you are running away

Meanwhile after election JB will enjoy their ride. As for now am patiently waiting for them at sub #20, during election period.

After sun come rain, thereafter, after rain come sun.

Do you now admit you were yarning arrant nonsense when you were screaming about JB?

All these stone. Let me keep quiet oooo. I do not want to partake in any.

Meanwhile, Agba is on his way to the car park. He wants to take night bus to Lagos. I wonder what he's rushing back to Lagos for.

locodemy:
You may not know how powerful ogogoro is until you see a handwriting like that one.

I get his point though. His target has always been minimum 100% for late year entry, so he's trying to err on the safe side. His projections for DBN last year was 80k but he was forced to re-enter at about N1.20 (when information came out on their sale of subsidiary).

We will wait and see what happens this year.

Agbalowomeri:
Na prices wey sure for 100-200% be that

Ohok. So that's how you arrive at your own valuations. Chai.

Agbalowomeri:
New junctions

Skye - 20kobo
Diamond - 50kobo
Fidelity - 70kobo
Fcmb - 70kobo
Zenith - N12
Guaranty - N18
Honeywell - 80kobo

LOL. Grave robber.

owoblow77:
According to Nairametrics:
‘’Honeywell has two business segment, Apapa, and Ikeja and it seems its future is dependent on what happens in its Ikeja segment. Honeywell’s Apapa division oversees its more profitable arm, the flour business while the Ikeja division is where operations of its loss-making Pasta making business is located. Of the N11 billion in operating profit it reported last year, N10 billion alone came from Apapa. Currently, Ikeja is operating at a loss while Apapa again is leading the charge with N7 billion in operating profit.’’

‘’The company expects its new factory in Ogun State to come on stream this year (earlier scheduled for 2018 Q1). The factory is projected to raise the total installed capacity of the company by 150% at its completion and will include 4 pasta lines with an installed capacity of 125,000 metric tonnes.’'

Currently I own about 100k units of Honeywell Flour shares.
Now I want to invest about 2 million naira.
Please I need an insider to help answer the below questions.

1. Why is the company trying to scale-up a loss making pasta line?
2. Why not simply install the 4 new pasta lines in Ikeja, hence you save on assets depreciation costs, human costs, and other associated costs that comes with starting-up a new plant?
3. Is the technology on the new lines the same as the old lines?
4. Is there any major change to the pasta (finished products) distribution network?

For number 2, I don't know about the application of Pioneer Status to this segment but that might be a plan to get incentives for 3-5 years. Dangote has consistently done this over the years in his Cement Business. I may be wrong though.

My oga's will comment more on this. "Ancestor" Wanaj0 might be in the best position to answer all questions.

phemmie06:
My oga I thought Veritas registrars is a subsidiary of Veritas capital

Veritas Registrars Limited was incorporated as Zenith Registrars Limited on 7th May 2004 to carry on Share Registration business in the Capital Market with a view to redefining registrar business in Nigeria

The company's name was changed to Veritas Registrars Limited in December 2013. The company started with a share capital base of N70m, and today has grown to N2.4 billion. We commenced operations precisely on March 21 2005 when we took over the management of the largest register then - Zenith Bank Plc from the previous regisitrar.

phemmie06:
LOL then why is Veritaskap yet to release her audited result? There's more to the delay.

I was refering to Veritas Registrars...

That 1.5m units bid... Was it for real?

phemmie06:
Please house is their any corporate relationship between zenith and veiritas?

Father and Child (As in the beginning) ....

Mcy56:
Sir, please create time to go through Morgan's user manual as well.
http://morgancapitalgroup.com/downloads/pdf/morgancapital_itrade_users_manual.pdf

Na this kind of statement provoke Yayira the other time. Are you saying he has never "created" time before to go through Morgan's user manual?

Mpeace:
If you dont have it, go get it. I am waiting for Transcorp to rise abit so that I can sell and transfer to oando.

Make una allow this one fall small.

Meanwhile, you don begin pack this one like Yayira take pack Zenith Bank. Don't forget her advice, "Never purchase any stock as if it's your father that owns the busines".

#TakesOff.....

locodemy:
This one you are sounding like this.I hope you didnt buy the stock last week as you told us about the revelation/dream you had on the stock.

Waiting like a hawk . As usual.

Mpeace:
[b]Oando PLC further sets the record straight that the Company, Oando, is not involved in the case and ruling made on July 6, 2018 by the London Court of International Arbitration (LCIA) on the case involving Whitmore Asset Management Limited, a company owned by Jubril Adewale Tinubu and Omamofe Boyo, Ansbury Investments Inc., owned by Gabriele Volpi and Ocean and Oil Development Partners (OODP) BVI Ltd, is owned by all three parties Wale Tinubu, Mofe Boyo and Gabriele Volpi.
Head of Corporate Communications for Oando, Alero Balogun, categorically stated that “the ruling by the LCIA does not involve Oando, as Oando was not and has never been party to the arbitration, the ruling states that Whitmore and Ocean and Oil Development Partners are indebted to Ansbury Inc, nowhere is there mention of Oando PLC. It is critical that people understand that not only are we not involved in this dispute, we do not owe money to any of the parties involved. The continued mention of our name in what is a 3rd party dispute is unfortunate and damaging to the brand and shareholder value[/b]
I am not too bothered. Still looking for the bottom.

I was expecting Oando PLC would issue a corporate notice on NSE website as regards this today but they failed to do so. People were mis-interpreting the news. Let it drop lower jare. Maybe na this one go give us that Agba's guaranteed 100% return in 2 weeks.

Agbalowomeri:
People don join me for palm wine, combine and ogogoro chai

Many of us are gradually joining you in the villa. Make sure you no finish all the drinks before we arrive.

http://www.nse.com.ng/Financial_NewsDocs/22873_FLOUR_MILLS_NIG._PLC._CORPORATE_ACTIONS_JULY_2018.pdf

Does this mean they are paying dividends from retained earnings?