₦airaland Forum

megawealth01:
WOW 😳

His stake in transcorp, together with that of his wife and Heir holdings no reach 40%. He is not listed as a holder of significant stake in transpower. Etc etc

megawealth01:
really

He doesn't really hold absolute majority on his listed companies, compared to others

megawealth01:
Elumelu, Wale, Rabiu, Adenuga etc na this Forbes be their pursuit either to be there or climb up

e go hard for Elumelu to enter that list. The rest have a chance.

Ginalex:
WAPCO my baby... Nothing do you

Hmmm e be like news don change. Good last minute move.

Omooloriredade:
Probably plus Seplat was already more expensive than peers particularly Aradel.

Going on offer may be an over-reaction though but some punters were looking to sell the news.

Seplat usually stays on offer until result period.

See our naira

SonofElElyonRet:
Strong man... we still dey Japaul... betrayer you

Chai. He come leave you for inside japaul sand

Nigeria!!! I tired

emmanuelewumi:
The 9 month result should drive the stock price to between 85 naira and above

They better share all that 9months profit after tax and whatever they have in their reserves. Chinese get money. Make them carry their fresh money come.

RodgersAkpafu:
There is no clear path to a sustainable appreciated naira in the next at least two to three years

All the indicators are against us
High inflation and currency appreciation does not go hand in hand

High external debt and currency appreciation cannot go hand in hand

Our only way out in my opinion is if we [b]add daily 450k barrels of oil [/b]to earn daily extra income
Anything short of that na wash

Don't worry, Seplat will do that we our new acquisition. Lol.

But If 450k barrels is the answer, why can't we do that even all the huge reserve

megawealth01:
Those hoarding dollars sha

Una no wan buy cheap and sell high in 2025?

Don't rate the policy yet with these few day's gain, wait until after 2-3months. New policies might reduce rates for a short time then it goes back to square1 or even worse. Mind you its year end, many xmas visitors coming in with $ will usually cause a rise in value of the naira until after the holidays
But I pray the Naira appreciates greatly, for the sake of suffering Nigerians, but I no just trust the government of the day.

Wow wow wow. Seplat just added. N400.
Our buyer only comes once in a while. God bless him.

zendi:
Good, but bear with us, no interim thing for Mpeace and others.
Fcmb is wrestling with regulatory recapitalization like others. But I hope it can now summon the courage to narrow the price gap with Fidelity.

They should have paid, no matter how small. CBN rules on recapitalization specifically instructed banks not to use their profit, but to source funds. If not GTCO and the rest would have met the requirements with half year profit.

Choiceguy:
Mpeace and zendi your long awaited FCMB q3 result is here

The result good but not as good as other banks. Since yesterday I dey expect dividend announcement, nothing so far. Its clear they will not pay interim.
All these family business, na so them dey retain the money inside the company...

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