₦airaland Forum

ojesymsym:
I was looking at it today, I thought when a company says it wants to leave Nigeria, people will be running out of the stock, instead, they are now rushing it. That thing stayed below 6 naira for years.

Pay off speculations

emmanuelewumi:
Did you read the breakdown of the outstanding shares of Dangote Foods

Now I understand.
Thanks

yMcy56:
Going forward Oga.
Abeg make una no mind my analysis paralysis o.
I already stated that it's my opinion and the way I interpreted the doc. I may be wrong.....

Don't worry yourself.
Alhaji is the Winner

He is sitting on more than 80% of Dangote Sugar.

emmanuelewumi:
How,


Please explain.


Restructuring ought to unlock more value for shareholders

I was actually thinking of how DSL will accommodate Nascon and DRL.

emmanuelewumi:
If they list at N100, how will Dangote Sugar be N70.


Dangote Sugar is the new Dangote Foods. It is Dangote Sugar that metamorphosed to Dangote Foods

What if they Restructures Dangote Suger?

We don't know the size of Dangote Rice

essentialone:
Rice is the winner.

Suger is the winner

Dangote Suger wil be the surviving company

PETERiCHY:
Over the years we warned LOCO to go and appease the gods but he took it as a joke now the reality is dawn on him.

That being said OANDO is warming up for the next big MOVE. Their court case is 19th Oct 2023 and I'm seeing a paradigm shift from the old order.

BARGAIN HUNTERS TAKE NOTE!

Oando isn't going anywhere until it delisting.

unite4real:
It's even less than 3%. He is using the alternative requirement of having at least 40B naira free float value . So when there is increases in the price, he can squeeze the float provided the total value is not below 40B naira.
Smart man

Wow.
So it's either 20% or N40B free float?
BUA is the market maker

Streetinvestor2:
And rabiu continues with his magu magu with biu food.i hope he will be calming down when it hit #200.He should allow dangota food list before he continues the fight....it get why

What do you expect to with less than 5% free float.

yMcy56:
FLOUR MILLS
Q4 is out!
https://doclib.ngxgroup.com/Financial_NewsDocs/39346_FLOUR_MILLS_OF_NIGERIA_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_AUGUST_2023.pdf

Payment dividend from negative EPS

GLAXO SMITHKLINE on full-Bid.

yMcy56:
Lol. With less than 200k units?
Are you planning to pick some at bargain?

It has to come down more

CWG on full offer

yMcy56:
Now @44........full bid...

The volume is much!
Lots of cross deals........maybe from institutional investors as well....
Insiders must be privy to some info possibly.....

Dangote foods listing might be higher than N70.

chimex38:
Eterna People, CEO is talking
https://punchng.com/forex-scarcity-has-made-business-unprofitable-eterna-ceo-nwaezeigwe/

Eterna might go back to N4.
It seems the management got no strategy to get FX for importation.

customstreet:
I learnt that It would be concluded before the end of third quarter.

But I will advise you set December as your holding period

Similarly, I also learnt that Dangotesugar would be the coy that would metarmopised to DangoteFood where holder of Nascon would swap 11 of their shares for 10 of Dangotesugar and also holder of Rice would also swap their holding with Dangotesugar

This is not 100% confirmed but may be near the truth.

Hold DangoteSuger o.

Dangote food price might be higher that N50 after listing.

customstreet:
Hello All,

Transcorp may likely do MTO by buying back 4% of it shares Soon. The price would likely be between the current price and what Otedola was paid.
Due diligence required

@customstreet your expo here has always been usefull

Coolcash1:
It will be too sweet...

Yes now.

emmanuelewumi:
Airtel has about 3 billion shares compared to MTN with over 20 billion shares

Oh

MTN might do reconstruction.
I think the "SCRIPT" issuance should stop.

yMcy56:
AIRTEL
Sale of some shares by CEO to purchase property (Building)......
Still have over 4M units of shares left .....

https://doclib.ngxgroup.com/Financial_NewsDocs/Airtel_Africa_-_Share_Dealing_by_Airtel_Africa_CEO.pdf

Airtel should come to MTN level.

BabsO2:
Another option is to monitor closely if the market price is high enough than the rights +N3 to +N6 to sell some shares (up to a fifth of ones holdings) and use the sales proceeds to buy the rights. A word of caution - this should only be done when everything about the rights is firm. Otherwise one may sell and find out the rights is cut short from going ahead.

vacanci:
I am lost here. I have CSCS since 2009 and it has not expired. I have another one with Afrinvest since 2016, not expired. Also with Morgan capital since 2019. I have been using them.

The only thing that expires is access to cscs platform to view your potfolio. which is renewed annually.

To say that one's CSCS number in itself expires gets me confused

CSCS account registered through your Broker don't expire.
CSCS subscription to view your account directly(without Broker) expires yearly .

yMcy56:
GSK
More bids than offers today......
Anyone with update pls share.

Keeping it within N9, probably nobody wants to buy more than N10

Hedgefunds:
Ofcourse the volume sold is not by retails ..

Yes

yMcy56:
Well, that's a possibility.......but why won't GSK pay up to 15? I still don't know the reason they'll tender for that.....
This same GSK was selling above 26 few years ago.....and to say they're buying out only the locals, that's another good reason to pay nothing less than 20!
The shareholders should protest if payout is not up to 15 at least......even with inflation that has eroded the value already! Anything less than 15/20 is a rip-off!!
* We will watch the season film to the end.....

**NB: Just staying my opinion here. You may do well to state yours too. Thstß the beauty of this platform & brainstorming

They are not only paying shareholders.
They will have to payoff employee, contractors and others.

Lets see what the will do.

yMcy56:
Heavy weights are not selling, it's only retailers due to panic I guess.....
* Someone somewhere must have triggered the sell in one forum or platform maybe, or maybe one analyst who may have carried out some permutations......
We are watching.......and waiting for GSK's announcement.....
* If there be anything at all, at least it has allowed some who couldn't jump into the ship to have opportunity.

** For the record, GSK isbuying out only the minority holders, the majority (Beecham and First Set of UK) are not inclusive.....

Maybe some people have seen the buy off price.

Any news on GSK people are dumping

yMcy56:
That's for Ribena, a part of the whole na.
Pls understand that I'm not arguing o, me self I'm trying to get more info ni o, make person no go buy ponmo.

.......but if Ribena special dividend is 7.50, don't you think the whole GSK will be more than that? Maybe double or more?? Just wondering

Let them do quick and tell us the buyout price o.

It's all speculations at this point.

yMcy56:
I've heard this too but no one seems to be sure of it....
Any insider info on the likely buy-out price?
What if GSK ends up paying more than that?

The last special dividend after selling Ribena was N7.50

yMcy56:
GSK
Some volumes available today........any insider news?
If you pick and can risk waiting, let's watch out for the news and be hopeful.......and if you have news, kindly share.
Some people can panic sha.....

DANGSUGAR
Some pullback yesterday?

GSK might not pay the current market price.

talk2me2:
Oga fbnh is a viable company those who don't like the policies of the company should go and sell there shares instead of disrupting the business activities of fbn. Or better still vote against the policy during the AGM.

FBNH is not really viable.
All these noise is due to the renewed buying interest.

You probably don't know the history of FBNH.
That bank has been downhill for some years now.