₦airaland Forum

Sunrisepebble:
This is why I’ve been picking MTN between 166-170 last few weeks:

https://businessday.ng/news/article/ncc-to-announce-new-tariff-plan-dec-13/?amp

Last year, I put alot on Mtn, Nascon and Dangsugar. My dividend yield was so so poor cos non of those three paid.
I do not see mtn paying this year and I want chop dividends. Na banking stocks(zenith and gtco) dey my mind now. UBA gave N2 interim, their final year might not be that much.

Raider76:
In global trade Nigeria is a country not a region. Africa is the region. They are clearly divesting from the African region, in which Nigeria happens to be.

Ok

ghm:
Read about it more here, it is not every time we should live in self pity for our country.

https://www.nairaland.com/8282715/holcim-sell-lafarge-africa-stake

The deal aligns with Holcim's strategy to streamline its portfolio and focus on high-growth regions, including the coming spin-off of its North American business, which remains on track for a U.S. listing in the first half of 2025.


"They sold in Tanzania and Uganda. The Chinese Company bought all these stakes and acquired Cement company in South Africa.
Nothing new, it's about revaluating your portfolio for optimality"

Although not stated. But from the excerpt you made above it is clear that they wanr to focus on high grow region. Nigeria appears to be the very opposite of a "high growth" region. Nigeria is very volatile at the moment.

Sunrisepebble:
Were thinking very similarly . The profit I’ve been calculating in my head last few weeks was working with N80 as the offer. If I can get another 10-15% on top of that I am very happy getting down at that bus stop

By the rules of MTO, if you are able to push the price up to 200, they will have no choice but to offer the said 200 or more.

Sunrisepebble:
There is a new disclosure released today.

This portion of the disclosure is even more instructive. They intend to launch a mandatory takeover.

Sunrisepebble:
Still no details on my end to be honest. Either Majority shareholder being bought out or full acquisition. But it’s clear now that this was the information driving the attention

I doubt if they will be calling for an EM and also closing the register if its just the Majority shareholding that is being bought. But only time will tell.
250 is my prayer. Make the blessings of this year complete.

Raider76:
https://punchng.com/pharcourt-refinery-halts-operations-loading-bay-empty/

Sometimes when people talk, they are accused of wishing the gobernment fails.
There were talks about the refinery selling olf stock and denials and accusations were the answer from the government and its people. Now this. They should stop taki g Nigerians for granted.

megawealth01:
ELLAHLAKES if you know you know

Na so you see oando cross deals at N90. You go soon become prophet.

Xidget:
SEPLAT down by 10%

It's back up already. That was fast

its not back up oh. We are down more than atleast 300 naira, and over 7billion naira traded so far. On full offer at the moment. Chai.

chimex38:
Just after forecasting impact of geographic location of refinery.

New Refinery in Gombe
https://punchng.com/fg-approves-licence-for-27000-barrels-refinery/

A refinery in Gombe how do they want to transport crude oil to Gombe? Tankers, air or what? Or can they afford to lay pipelines from the niger delta to Gombe?
They think Dangote and BUA (kano born billionaires) no know why them site their refineries in Lagos and Portharcourt respectively?

I just got message from someone that aradel also paid him today. Note that he just opened the account this year and had not filled any form for edividend mandate

jonnysessy:
Any news about Aradel interim dividend ? At least make we manage that for the huge loses suffered

Today should be your payment date. Who be una registrars? Some registrars are more consisent and prompt than others.

Seplat quartetly allowance dividend just landed.
Hope we are also entitled to receivables from ExxonMobil deal like oando guys. Lol.
Disclaimer: Money no dey belefull me

Yemy3m:
.get oando now that it s available .this is huge

Refinery.

Raider76:
💯

Actually, if the government has any sense they will convert the Kaduna refinery into a depot to serve the north, then connect it to the Dangote refinery. Kaduna refinery is already connected to all the depots in the North by pipeline. This will hugely cut transport cost and road reconstruction costs.

Anything pipeline is not good for business.
They will just do some illegal connections on those pipelines and that is food for the boys.

ojeysky:
Why will anyone buy UBA right issue at 35 when it's trading below 33 on the floor? I beg make una educate me o

Elumelu does not want you to buy. He will take it all up and consolidate majority vote

Xidget:
An off screen buyer has been buying up NASCON since yesterday.

I suspect Currentprice.

BabsO2:
What’s happening by then ?

q3 results expected

Xidget:
What is the 9M EPS

For the first 3quarters 1.92. But for 3months ended september 1.14.

Xidget:
#Observation

Most FA investors advised people to sell banks stocks 2months ago when price was low because of dilution from recapitalisation. And buy back at Q1 2025 when it will become cheaper.

Same people are encouraging people to buy now that price is high. Now, I am wondering, does the dilution not matter anymore?

Some banks will be diluted far less than others. With the level off profits being declared by these banks, the dilutions may not have much effect.

Sunrisepebble:
I’m hearing Wapco will be acquired by a Chinese company

*NFA/ DYOR

If true, they better not come with any oando/flourmills kind of deal. We can manage N200 lol.
Wapco already settled all their debt

Ginalex:
32%... Hmmm not bad

What if they default in paying back at the due date, how do you recover?

yMcy56:
Quite some stocks on full bid.......
UNILEVER also joined......
it's well o

GT moved back up to 56......

That gtco should shake body quick quick. Its 100 we want before year end.

Wapco @ 50.

Wapco should end the say on full bid

zendi:
All the banks have done well so I hope that just releasing the result will help boost it over the #10 mark which it has been scared of for sometime now.

If only they can drop 50kobo interim dividend.
I just cross checked their publication and it appears they are in the process of auditing the result for q3. It has not even been transmitted to CBN. They gave 29th December as probable release date.

zendi:
By the way, we're yet to see FCMB Q3 Result, or did I miss it? All it's mates have reported.

Its awaiting CBN approval. I keyed in some units hoping it could follow its twin brother, fidelity.
Thats one bank that is yet to really move.

Access have acquired another bank abroad. Na wa oh. E be like say dem go soon start to share all these banks to shareholders as them no want pay good dividends.

Raider76:
I think not only is NNPC (meaning the Federal Government) not interested in their 7.2% stake in the Dangote Refinery, but they are not interested in seeing the refinery itself survive. I think Alhaji better go and hire a crack team of international oil marketers to help him source global markets for his products so that he does not go bankrupt before 2027.

lol. There are more responsible governments interested in the products. Like Ghana and Some of these neighbouring countries who have been buying from europe and smuggling products fron Nigeria, I only wonder why dangote keeps his focus on the Nigerian market. He should focus on export and see how Nigerians come beggening. Except if there is something we are not seeing.

But something tells me Dangote only seeks to monopolise the sector.
He first fought the regulators and government.
Now he is after the marketers and competition. He says no one should be allowed to import so that he will be the dominant supplier.

GeeKudi:
Please, does anyone know what is going on with African Prudentials, the registrar for TRANSCORP? All the units of TRANSCORP I had before the reconstruction is missing. I keep sending messages without any satisfactory response

Maybe you had another broker with some units. If so, then they might have sent it there.

mikeapollo:
Vawulence!
Who would buy Oando at N1,000 without any prior, recent reward like dividend or bonus to shareholders?

They can just chip im small dividend like geregu. N8 or somthimg like that

If I be wale, I go just push oando to 1,000 then do RI or PO of 1billion units. That will help clear their debts.