yMcy56:
GUINNESS:. Sighted @93!!!
@Samguru collect your tithe make we share am......at least I dey help you post update on it....

CADBURY: Full bid!

Guinness now @95

MARKET RECOVERED FROM HEAVY SELLING EARLIER IN THE DAY
Good to see market recovering, earlier things were scary.

What did we buy today? After close of market we will give update. At least, if we are sure of our system, we should buy first to show conviction.

yMcy56:
Honeywell
* Honeywell was valued at N7.33 book value.........safe margin ...
* Investdata valued it @N12 based on current performance and near future value......
Analysts outside the country valued it at around 30......
This could be some of the reasons driving the share price of Honeywell..........in addition to a rumour likely going around........

https://www.google.com/url?sa=t&source=web&rct=j&url=https://investdata.com.ng/honeywell-flour-2021q1-high-margin-as-profit-growth-supports-hope-of-future-dividends/&ved=2ahUKEwij9Ij99N3yAhWwxIUKHWX6AZUQFnoECAwQAQ&usg=AOvVaw1WhTQuBYrtS5G3aybrWLEj

https://independent.ng/what-is-influencing-the-very-high-valuation-of-honeywell/

** Just for info purpose**
Cc: Locodemy

Can remember posting this in Sept 01, 2021.......
My ogas and some NSEMPAs said how possible.......
We'll see how HW's merger/acquisition with FMN will pan out eventually......

FMN is acquiring 71.69% of HW shares......FMN now got the nod to proceed .....

leparj:
.

Was actually thinking of the 1 month window given at the end of Q1 for results to be released coming to an end.
And we are yet to see FBNH Q4.
I hope all is well with FBNH.

Don't worry FBNH is known to always release their result late, they are always paying fine to regulators for late fillings virtually every year. It's not surprising. So just relax don't panic to sell. When you hear first bank just know they are first from the back when it comes to most things a bank of their magnitude suppose to do. We know them.

But the truth is that things are looking better for them now and the elephant will come out stronger... this is not a buy recommendation investors should always do the due diligence.

emmasoft:


Don't worry FBNH is known to always release their result late, they are always paying fine to regulators for late fillings virtually every year. It's not surprising. So just relax don't panic to sell. When you hear first bank just know they are first from the back when it comes to most things a bank of their magnitude suppose to do. We know them.

But the truth is that things are looking better for them now and the elephant will come out stronger... this is not a buy recommendation investors should always do the due diligence.

indirectly you are screaming... buy and HODL�

Nigerialabalaba:
Make investors remain vigilant. In fact, our number here dey enough to form shareholders association sef wit our 101% dependable Aunty mi Mcy to run d Executive Secretariat
Igi pawpaw o ni wo pawa o.

Oga mi Labalaba, which Executive Secretariat?
Abeg mention another person o. How you go expect Jijoist to hold such position?
Jijoists own na anywhere belle face o, na to dey follow dem ogas-on-top chop..........make Una dey handle the Secretariat/ethical aspect.
Igi ewedu o ni wo pawa o.

samguru:
Those in the bus of Guinness Nigeria PLC
oya come pay your tithe to me now

Sure we must pay.

SEPLAT: Sighted @1,200......
AIRTEL: @1,450.....
ZEE: Made U-turn already, saying enough of solidarity southward mvmts .......
GT: Quite some accumulation @KM 24.....
NAHCO, UNILEVER, UPDC getting attn.....

yMcy56:

Can remember posting this in Sept 01, 2021.......
My ogas and some NSEMPAs said how possible.......
We'll see how HW's merger/acquisition with FMN will pan out eventually......

FMN is acquiring 71.69% of HW shares......FMN now got the nod to proceed .....

We need to know the buyout price, I hope it is up to N5.

FMW might make Honeywell subsidiary like NNFM.

OBAGADAFFI:
need to know the buyout price, I hope it is up to N5.
FMW might make Honeywell subsidiary like NNFM.

Thought nobody wants to talk about it before....

Yes, waiting for the buyout price.........
The article talked about merger...........that both Board of Directors of FMN and HWG will sit to discuss about the landmark merger.......
.....and that of FBNH's 5.06% is acquisition......
We'll see how it goes......

yMcy56:

Thought nobody wants to talk about it before....

Yes, waiting for the buyout price.........
The article talked about merger...........that both Board of Directors of FMN and HWG will sit to discuss about the landmark merger.......
.....and that of FBNH's 5.06% is acquisition......
We'll see how it goes......

The buyout price is the most impotant

onegentleguy:


Elsewhere, I have just added @ CADBURY Plc and @ ELLAH LAKES Plc to the list above. (possible candidates for a merger/acquisition or possible buy out/MTO in view)

I suspect that at least 3 other companies on the list above could also follow through... on or before the end of next year. (the 2 companies above inclusive)

2 coys from the list are already in line to be fulfilled.
Might be helpful to keep an eye on these coys.

Selah

CADBURY was on full bid with over 28M unit waiting to be filled today. ...already delivered near 26% since the post above.
Fantastic Q1, 2022 report that infers potential for immense REWARD ahead of surrounding risk.
Remember mentioning something about that coy in time past.

Elsewhere, CAP, UNILEVER, VITAFOAM, GSK, WAPCO, ACCESSCORP, UBA and TOTAL are among the list of companies that have also declared great/improved reports so far.

It should pay to have these coys on your watchlist and where necessary, seek to key in at prices that suites your investment personality and goals... but that, after due diligence.

Selah

OBAGADAFFI:
The buyout price is the most impotant

Bros, what happens to minority shareholders is the most important to me.

Though the buyout price is equally important cos it may give insight into what happens to minorities....

...but I think it'll be fair all in all and ....in the long run
........they may decide to combine the flour biz. Na my opinion o.

Over 25M units in deal today......... Let's keep eye on it........all na investment risk.

yMcy56:

Bros, what happens to minority shareholders is the most important to me.

Though the buyout price is equally important cos it may give insight into what happens to minorities....

...but I think it'll be fair all in all and ....in the long run
........they may decide to combine the flour biz. Na my opinion o.

Over 25M units in deal today......... Let's keep eye on it........all na investment risk.

That buyout price is important to minority shareholders

On ACCESSCORP (formerly Access bank) purported 70k interim dividend declaration...
I do not think there's any confusion on that.
What the bank (Accesscorp) has done is totally within the armbit of the law on coperate disclosure and governance and rightfully justified.

The timing of the transitioning from a banking entity to a Holding company structure implies that there should be a name change to what describes it's coperate action.
...the implementation/adoption, I think, started out btw H2 and Q3, 2021, hence the recognition of an incomplete calendar yr (in 2021) and by implication the need for the word "interim" as appropriate.

There's still a near 1 probability that the lender will still declare an interim dividend come June/July, 2022 (H1, 2022 in view) and another for YE, 2022 by Feb/March next yr.
That of YE, 2022 can then be captioned as
"final" since a full calendar yr would've been recognized at the time.

Regards

igbizen:

I haven’t seen anything from transcorp

me too oooo

leparj:
Where is FBNH last year Q4 results
and dividend?
We already coming to end of Q1.
Access dividend will drop today.
Expected more from Access but we will manage it.
It's a good day.... ...

Access received

Nigerialabalaba:

Thank God say u no be bot sef.

I read ur comment I just weak . Oga, ur comment just flash Seplat q1 2022 for my mind. Total Energies eps na N12.86 and costs less dan N250 per share but Seplat wey hin eps dey less dan N12 con be over N1000, no be winchcraftry be dis? wey Seplat PAT double but eps con half , d over all liabilities gbese balloon to almost N1.5 trillion yet dividend dey go so say. e be like say Seplat shareholders na Alaaru ti on je buredi.

Any body wey dey do magomago for hin account, na thunder go fire d pesin las las.

Make dem go ask Jegede, Bunmi Oni and JT wey escape by d whiskers.

Make investors remain vigilant. In fact, our number here dey enough to form shareholders association sef wit our 101% dependable Aunty mi Mcy to run d Executive Secretariat
Igi pawpaw o ni wo pawa o.

Does Seplat PAT doubling but its eps halving point to a significant share dilution event?

IHelp:


Access received

Access not received eventhough I use access bank.
Na this type thing dey make me sleep for bank oh.

Wapgod:

Does Seplat PAT doubling but its eps halving point to a significant share dilution event?

Always allocating shares to their workers and management, reason why the outstanding shares are always increasing

Wapgod:

The corporate action document is not straightforward.
They declared final dividends as interim dividends.
I don't understand the stuff.

Please note final dividend can only be paid after AGM and approval of the share holders. As Accesscorp is a new entity, they have declared an interim dividend which only require board approval.

emmanuelewumi:



Always allocating shares to their workers and management, reason why the outstanding shares are always increasing

By allocating do you mean issuing new shares?

OBAGADAFFI:
MTN go land today o

Access just paid, expecting MTN

onegentleguy:


CADBURY was on full bid with over 28M unit waiting to be filled today. ...already delivered near 26% since the post above.
Fantastic Q1, 2022 report that infers potential for immense REWARD ahead of surrounding risk.
Remember mentioning something about that coy in times past.

Elsewhere, CAP, UNILEVER, VITAFOAM, GSK, WAPCO, ACCESSCORP, UBA and TOTAL are among the list of companies that have also declared great/improved reports so far.

It should pay to have these coys on your watchlist and where necessary, seek to key in at prices that suites your investment personality and goals... but that, after due diligence.

Selah

NOTE: Add GUINNESS and ZENITH BANK to the list above.

GUINNESS appears to be a "money making machine".
The just released Q3, 2022 financial print shows an over 730% jump in NPM (EM in view)... with an impressive growth witnessed accross all revenue and earnings line compared to previous yr guide.

Expect a better cash/div declaration by yr end (>> 3 months from now)

To this end, my FVE (for Guinness) has adjusted upwards to N117.61 (previous: N86.15) using a conservative valuation model and attaching an appreciable premium net of surrounding volatility.

That said, short termers who keyed in long before now (ref: btw N20-25) might wish to book some profit though.

Short term? ...Neutral.
Mid-Long term? ...Hold.
Rating: Neutral.

As for ZENITH, well...

CAVEAT: NOT to be interpreted as any sought of recommendation. ...when in doubt, do well to seek the service of a reputable investment manager/adviser for guidance.

Wapgod:

By allocating do you mean issuing new shares?

Allocating shares and outstanding shares increase, what can you infer from that?

https://doclib.ngxgroup.com/Financial_NewsDocs/35831_FBN_HOLDINGS_PLC%20FBN_HOLDINGS_PLC_%20_POST_MEETING_NOTIF.pdf

sorry please whats all this jist, una get result abi una no get result

yok:
MARKET RECOVERED FROM HEAVY SELLING EARLIER IN THE DAY
Good to see market recovering, earlier things were scary.

What did we buy today? After close of market we will give update. At least, if we are sure of our system, we should buy first to show conviction.

__________________________________________________________________________________________________________

Yes we bought this based on[b] technical[/b]/fundamentals analysis.

gbengafaro1986:
https://doclib.ngxgroup.com/Financial_NewsDocs/35831_FBN_HOLDINGS_PLC%20FBN_HOLDINGS_PLC_%20_POST_MEETING_NOTIF.pdf

sorry please whats all this jist, una get result abi una no get result

lol. No result for now. They are still sending the result to the CBN for approval. Long thing.

@ house, good evening. Please what is the logic of buying FTN Cocoa Processors Plc Rights Issue at 50k when i can buy it at the open market for 39k; is there something I am not aware of. Please anyone with superior information should educate me.

onegentleguy:


NOTE: Add GUINNESS and ZENITH BANK to the list above.

GUINNESS appears to be a "money making machine".
The just released Q3, 2022 financial print shows an over 730% jump in NPM (EM in view)... with an impressive growth witnessed accross all revenue and earnings line compared to previous yr guide.

Expect a better cash/div declaration by yr end (>> 3 months from now)

To this end, my FVE (for Guinness) has adjusted upwards to N117.61 (previous: N86.15) using a conservative valuation model and attaching an appreciable premium net of surrounding volatility.

That said, short termers who keyed in long before now (ref: btw N20-25) might wish to book some profit though.

Short term? ...Neutral.
Mid-Long term? ...Hold.
Rating: Neutral.

As for ZENITH, well...

CAVEAT: NOT to be interpreted as any sought of recommendation. ...when in doubt, do well to seek the service of a reputable investment manager/adviser for guidance.

Thanks bro for your analysis.

I have a question someone that buys Guinness at N117 what do they stand to gain?

I do not know if Guinness will be able to pay N3 as full year dividend. That is about 2.5% returns.