₦airaland Forum

222Martins:
This response is to you and Ositadima1

What i wrote up here was not hope. It was me drawing my own objective conclusion based on what i am seeing from a company's AFS, the brewery industry and the economy at large. That is an analytical conclusion. It may pay off or blow up in my face.............

The HOPE i always object to on this NSEMPA thread is backed by nothing other than mere wishes and pipe dreams. Here are a few of those hopeful analysis and emotional outburst advice:

1. Wale will not delist because he is seeing how much money Tony and OTE is making on the NGX
2. Let's just hope and pray that a certain CEO of a certain O and O company does the right thing
3. Alhaji will not allow the price fall because he wants to retain his Forbes ranking.....Even when it is glaring that the NS/DS price is falling rapidly
4. Why will company B hastily release a Press release about suspending a merger. They must be investigated
5. Don't sell, wait!!.........Company A has not said anything like company B about cancelling a merger, so therefore something is cooking
6. Tony is working hard to make Forbes list this year...

yMcy56:
Wonder who's now crying upandan to defend a loss making Company and wasting precious pages of this thread!

Waiting for something that's not seeing and may not materialize, no be hope be that?

"I invest based on AFS", still na hopeville levels dem dey......... defending and wailing all around over Champions. Who's crying now??

Una go dey alright las làs.

222Martins:
I guess you missed the sarcasm. I respect Locotrader..Why? He has a large heart to come and say: "Hey! Everybody, look at this stock and do your due DD."

Only this 1 kiss and tell wey we do for ChampionBrewery, everywhere just dey hot Why did Locotrader show his ChampBrew holdings? Because he was accused of luring people in so he can exit. Same reason i have been issuing disclaimer for this 1 ChampBrew wey i buy and reveal.....Before person go tell me say him sell him father house because of ChampBrew....

I no dey invest in Hope..........After analyzing all the brewery companies, i chose to put my money in ChampBrew for 3 reasons:

1. Low Free Float of 3% of Outstanding share
2. A possible buyout from Raysun, since they have made a move for such in the past.
3. The Brewery industry did not rally upwards in 2023, when compared to other sectors on the NGX.....So it is already down and needs fear no fall.
4. Possible turn around of the company given the dominance in its region if NO 2 fails to happen,......Any positive news or slightest sign of recovery will push the price of ChampBrew at a higher rate because of reason number 1 above, Low Free Float.

KayOn1:
https://doclib.ngxgroup.com/Financial_NewsDocs/41018_CHAMPION_BREW._PLC.-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2024.pdf


Na Champion Brewery Qtr 1 be dis? I zip my mouth but e be like ...

alezzy13:
Wow 😳

222Martins:
There is no room for "Pray", "Hope", "Forbes List", "Something Cooking" and "Amen" in my dictionary when it comes to matters of business and investing... I hope you understand my position

yMcy56:
Funny how you were Loco's Number 1 street guy when talking down DANGSUGAR.......but you cease to be Street person on top Champion Brewery matter......since you're not speaking the language they want to hear.......

For Brewery Sector, if we're talking about the thing on the table for now, it's NB, Nigerian Breweries..
Anyone interested in the Sector should keep eye on NB.
- Lots of pick-ups ongoing there by the Parent Company possibly....
- The more the price falls from current price (28), the more it will be presenting good bargains......
- Na my opinion be this...

Locotrader:
Yes,champion was moribund and NB came and resurrect it.They did well.

Same NB has caged the company and restricted the products and made champion a regional company and also looking for a way to take it away from Akwa Ibom corporation to make it private.

Let them pull out and allow another investor to come in and do their own work.2 captains can't be in a boat nah.If not Imo Abasi,by now,Raysun would have milked the company dry in other to succeed in the mandatory take over bid.Take a look at the financials you will know champion is healthy.
Why should NB pull out in a healthy company is the question?

Champion can only get better at their exit.Let their exit price be #10 self let's have another breathe of life.

Remember you still never given any answer to my question. I want to know the worst that can happen to champion as NB a fellow competitor is pulling out.....

222Martins:
I usually laugh when some cheerleaders here console themselves with words like:

"Alhaji is Forbes list conscious"
or "Tony is working hard to enter Forbes list" or
"Ote will not allow the price to fall below so-so figure because he must remain on Forbes list" and i ask myself:

Are these people on Nairaland really investors? How are you all so emotionally whipped up even when hard facts and figures are staring you in the face?

Let me tell you a few hard truth nobody will tell you especially when investing in NGX and doing business in Nigeria:

1. Nobody care about Forbes list......It is strictly all about the Money.

2. Nobody cares about integrity,....Anybody that is able to get the slightest competitive advantage in business will use it to the fullest no matter how illegal or immoral it is. Think Alhaji, Wale, Tony, Rabiu, etc.

3. Nobody with a serious business to run watches the stock price of his company daily, including the big names on the NGX. Money follows management. If you play the game right, the money will follow and the stock price will respond.......

4. Be wary when cheerleaders encourage you to join the herd and follow the money,......They may be heading off a cliff like lemmings, or running into a crocodile-infested river like wildebeests. NS/DS as a typical scenario. Like a crocodile, I am patiently waiting to cherry-pick the wildebeests of NS/DS when they enter my price zone

5. Any buy order you are about to place with excitement is not worth it...Same as any stock that generates excitement. Nothing good comes out of drama and theatrics. Excitements closes your eyes and ears to solid opportunities laying in quiet places.

6. Whenever you find out that you have been played or setup for failure, cut your losses and run..........Don't sit and listen to emotional investors asking why a company will quickly release news about a merger suspension so fast and they should be investigated

7. Lastly, The real money-makers here don't post often, they are busy people, they don't cheerlead stocks to get you excited..Whenever and if ever they recommend a stock, they back it up with hard-verifiable facts and even show you their holdings in that stock, so you know they are all in. Unfortunately, they are the ones that get insulted and booed the most, while the emotional investors that hopes and prays for Forbes list get all the accolades

ositadima1:
Make I use small way remain step down, I know say loan sharks will come for me soon, it is finished...

Locotrader:
Champion breweries the best place to run for cover now but offers are minimal now.

Get yours now before it finally dries

DeRuggedProf:
Crypto Mill abi?

Streetinvestor2:
Thanks for sharing a construction in progress. One oga here once said you have to submit 5 yrs financial in business to sec as requirements to be listed.i may be wrong.i think is my oga..... Emma


What was the financial submitted to sec for dangota rice that makes one rice equivalent to 14 sugar.I have been asking the question for long.I have not been to jigawa.Any body from jigawa should tell us if dangota rice company is now operational in the state

Streetinvestor2:
Did you open what you shared.In as much as I invested in dangota sugar. I have visited one of its farm in Numan in adamawa state.Dangota rice /paddy is not on ground physical any whr.You post equally confirmed that they have identified land for such purpose in nasarawa.

I had asked for financial of dangota rice before to know how they arrived at 1 dangota rice is equivalent to 14 sugar without financial results
What financial results of dangota rice was submitted to sec.The financial is what you should share and not proposed future business .We have proposed/planed businesses that even came for private placements on stock market that never saw the day.
Dangota bought PAN and is still building the plant close to olam in kaduna.
It is obvious that is the rice sector that is holding the merger.
Nascon has come out to make media pronouncements concerning the merger.Pls post the media pronouncements from dangota rice company.

Mindlog:
Or do you not know that he who is joined to a prostitute becomes one body with her? For, as it is written, “The two will become one flesh.”........1 Corinthians 6:16

pretydiva:
The guys who patronizes them are also prostitutes

Zagee:
He had to cook one way or the other . But I'm shocked no bank has been able to boast of a PO or a substantial Private Investment. I hope some will prove me wrong though.

BabsO2:
Even Oando this time around is no more rallying in anticipation - that the court case may be favorable to ordinary shareholders tomorrow. Gloomy market today

Streetinvestor2:
Not really what he is saying. He means the banks will not come for public offer at cheap price. That means they will try and pump up the price on ngx through all means necessary/legal to make the PO price come up though below the pumped price

robobo:
Hello Chief, can you please explain / expatiate on the bolded.

awesomeJ:
People are just selfish.
You want to short your country's currency knowing that it'll cause millions of people to suffer, but you don't mind, you only care about your selfish interest. It's too bad.

If I short Dangote cement or AccessBank for instance, only billionaires feel some impact in their net worth, that's the kind of shorting people should attempt, but they're mostly too inexperienced to try that, they'd rather short the currency and keep hoping that ineeficiencies continue.

iHaveMadeiT2:
It seems nothing spectacular to expect from this market till second half of the year.

The biggest disappointment so far is Dangote, with the deceitful so called merger. I recall someone gave us the expo here at the beginning of the year that Dangote will fall our hand big time.

chipa:
I may differ in this argument. Treasury bill at 22% and interest on loan at N35. Remember that the foreign exchange revaluation that you said is above N500 billion has been sent on money errands at least N100 billion will be received as return if all of it is sent on errands to Treasury bill. Then the other 2 trillion as reserve will be in loans and others investment vehicles. I think the banks know how to maintain their position. Also know that the revaluation was done at the rate of slightly below N1000. I don't expect Naira to go below N900 this year. So in terms of foreign exchange revaluation they may be no difference.


Concerning exiting the market now I think it is too early to jump out. My reasons are that the banks will try to pump their price before coming out to the market. Have you not been seeing volume of trade? After the initial pumping you will see consolidation than movement of price and then announcement of offer price. I will advise you jump out during the offer activity in the market because there will not be any interest in the stock then. You can then reenter the market after listing of the offer in the market because supply will be more than demand and price will crash. This is my 10 Kobo advice.
Still know you are the manager of your portfolio.