yeddy99:
please who can help with the NGX/SEC link for investment companies that sell investment packages/mutual funds and their YTD % returns.
Thanks.

You can get the details on SEC, the link is

https://sec.gov.ng/weekly-net-asset-value-data-for-cis/

Any news on GSK people are dumping

OBAGADAFFI:
Any news on GSK people are dumping

they probably can't wait for long to be paid off after de-listing.

vacanci:


they probably can't wait for long to be paid off after de-listing.

The volume been dump is not my retail investor.

I want to buy today. Hope it's good?

Hedgefunds:
The volume been dump is not my retail investor.

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 is buying out only the minority holders, the majority (UK based) are not inclusive.....

eziokwunwoko:
Good morning Sir customstreet.
Please how did you arrive at N100 listing price of Dangote Foods.
Is it adviceable to buy DANGOTE SUGAR OF NASCON at current price
DangoteFood might be listing above 10,000k

Dangote sugar having a pullback like I said few days ago. If it interests you, below 32 is a good price

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.....

Thr are traders in the market who only want 20% or less in price appreciation to cash out. From 7 plus to 10 plus is a kill in thr strategy

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.

OBAGADAFFI:
Maybe some people have seen the buy off price.

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 20 is a rip-off!!
* We will watch the season film to the end.....

**NB: Just stating my opinion here. You may do well to state yours too. That's the beauty of this platform & brainstorming

OBAGADAFFI:


Maybe some people have seen the buy off price.

Ofcourse the volume sold is not by retails ..

Participating in a NGX securities lending workshop - safe to say the market is moving from a Buy-only strategy to dual strategies.

Major players so far - Cardinal stone; Stanbic IBTC.

Interesting weeks ahead.

GEREGU is going up......
TRANSCORP is just dancing in a circle btw 3.60/3.75....
It is well....

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.

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 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 better pay something reasonable oh. I just enter the bus now now. This one na gamble.

There are rules governing buy outs, not sure but I think in most cases it is benchmarked to average or highest price in the 12 months preceding deal announcement. No investor will willingly pay above the lowest price it can offer except there are other considerations e.g. there is a new buyer who values company more

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 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

Mpeace:
They better pay so.ething reasonable oh. I just enter the bus now now. This one na gamble.

Bro have faith ,lol. I believe this will do me well like dangota flour. If na niaja ceo they for chop ribena money.

lexy2lexy:
There are rules governing buy outs, not sure but I think in most cases it is benchmarked to average or highest price in the 12 months preceding deal announcement. No investor will willingly pay above the lowest price it can offer except there are other considerations e.g. there is a new buyer who values company more

Think I'm aware of some of these rules too, it's last six months except it changes.
There are exceptions to them too, where a company decides to treat his shareholders well and fairly too.

See the case of IntEnergy, the share price was static at around 0.38k for years self, but Norrenberger decided to buy shareholders out at good price of N1.60.
* Note I'm not considering those that bought above 10yrs ago*

Sometimes, those foreigners treats people right unlike blacks.

My concern however is the influence of blacks in this GSK issue....I mean some of the blacks on board of GSK...we hope they don't influence negatively. We are our own enemies.

yMcy56:

Think I'm aware of some of these rules too, it's last six months except it changes.
There are exceptions to them too, where a company decides to treat his shareholders well and fairly too.

See the case of IntEnergy, the share price was static at around 0.38k for years self, but Norrenberger decided to buy shareholders out at good price of N1.60.
* Note I'm not considering those that bought over 10yrs ago*

Sometimes, those foreigners treats people right unlike blacks.

My concern however is the influence of blacks in this GSK issue....I mean some of the blacks on board of GSK...we hope they don't influence the oyinbos negatively. We are our own enemies.

I don't remember this happening. I no receive payment .Or was it for majority shareholders

Anyone buying omatek right now?

Streetinvestor2:
I don't remember this happening. I no receive payment .Or was it for majority shareholders

Payment has not yet been finalized.
I think it's still awaiting SEC approval.

yMcy56:
GEREGU is going up......
TRANSCORP is just dancing in a circle btw 3.60/3.75....
It is well....

Meaning hope dey say one day Transcorp go make us proud by crossing 100

yMcy56:
GEREGU is going up......
TRANSCORP is just dancing in a circle btw 3.60/3.75....
It is well....

Any insight on DANGSUGAR

yMcy56:

Payment has not yet been finalized.
I think it's still awaiting SEC approval.

Pls I have searching and nor getting any information. Did they do reconstruction in the past.I just checked my book and discovered I bought 500,000 units @ #4.28 then from my analog broker. I am seeing 103,000 unit in my cscs statement. I don't understand what happened. I can't get an result on search engine

Any reason to buy a dead company, abi u wan play bet9ja with your capital?

PuristForest:
Anyone buying omatek right now?

Gsk according to the information put out to the public is a business that will be wound up and net realisable assets shared amongst the shareholders.
I don'tthink GSK UK wantsto buy out the minority shareholders.
[quote author=yMcy56 post=124988683]
Think I'm aware of some of these rules too, it's last six months except it changes.
There are exceptions to them too, where a company decides to treat his shareholders well and fairly too.

sentoms:


You can get the details on SEC, the link is

https://sec.gov.ng/weekly-net-asset-value-data-for-cis/

thank you sir

Yoast:

Meaning hope dey say one day Transcorp go make us proud by crossing 100

yes o. at least before year 2050

https://investogist.com/mtn-nigeria-creates-641-million-new-ordinary-shares/


Hope at last for MTNN script dividend subscribers

Mpeace:
They better pay something reasonable oh. I just enter the bus now now. This one na gamble.

They better do oh if dem no wan make sanpona visit them. I don enter today with my inheritance.

Kreos44:

They better do oh if dem no wan make sanpona visit them. I don enter today with my inheritance.