reucom:
Yes I believe there won't be any problem to be honest. I guess some inner forces are at play here.

Yeah, please Grace put me up to speed where sale of shares is concerned nowadays. What are the charges involved?
Thanks

There was eventually no problem because the meeting was held successfully.

How do you know my 2nd name?

As for sale of shares, it depends on the brokerage house you're using. Maybe if you mention your broker, those using them woyld be able to provide you with the charges.

Streetinvestor2:
How much was ote paid

Around 3.12 if I still remember very well.
He bought @1.35

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

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.

Thanks so much for this heads up.
God bless you.

I've also been of opinion that Dangsugar will benefit much more in this merger. I'd expected the merger to favour Dangsugar more.
How can NASCON be the one giving direction to the merger? Doesn't sound fair on Dangsugar shareholders in my opinion.

Las las, we will know the real deal when official mail on merger arrangement is out.

yMcy56:

Thanks so much for this heads up.
God bless you.

I've also been of opinion that Dangsugar will benefit much more in this merger. I'd expected the merger to favour Dangsugar more.
How can NASCON be the one giving direction to the merger? Doesn't sound fair on Dangsugar shareholders in my opinion.

Las las, we will know the real deal when official mail on merger arrangement is out.

Of course, common sense has it that it's very wrong for NASCON with less than N100 billion capitalization and less than 3 billion outstanding shares to lead Dangsugar that's flying with almost N500 billion cap. and more than 10 billion O.S

President Tinubu is considering temporary subsidy on petrol.......
Guess this is in order .....it will help alleviate people's sufferings....

https://www.nairaland.com/7804378/tinubu-considering-temporary-subsidy-petrol

Pls any update regarding tantalizer. It has don over hundred ,%.Let me know to sell and recover some of my many yrs school fees or hold to recover more.

yMcy56:

Around 3.12 if I still remember very well.
He bought @1.35

Sources indicate Elumelu bought Otedola out at a premium said to be between 4 to 6 times the current market price of the share.


https://www.arise.tv/in-landmark-deal-otedola-sells-transcorp-stake-to-elumelu/

Yoast:

Sources indicate Elumelu bought Otedola out at a premium said to be between 4 to 6 times the current market price of the share.


https://www.arise.tv/in-landmark-deal-otedola-sells-transcorp-stake-to-elumelu/

N12 per share

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.

Thank you for sharing this information

yMcy56:
President Tinubu is considering temporary subsidy on petrol.......
Guess this is in order .....it will help alleviate people's sufferings....

https://www.nairaland.com/7804378/tinubu-considering-temporary-subsidy-petrol

What then happens to independent marketers given licences to import PMS? Anyway, the policy somersault was inevitable because of poor management of the subsidy removal

emmanuelewumi:



Hopefully it should be a good buy at N15 and below, please do your due diligence

Thanks Boss

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.

The koko is to know how many shares that will be allocated to Dangote Rice

Dangote Sugar has 12.15 billion shares

NASCON has 2.65 billion shares


Total shares of Dangote Foods should be about 17.5 billion to 18 billion shares

emmanuelewumi:




The koko is to know how many shares that will be allocated to Dangote Rice

Dangote Sugar has 12.15 billion shares

NASCON has 2.65 billion shares


Total shares of Dangote Foods should be about 17.5 billion to 18 billion shares

Imagine if alhaji decide to maintain 1 for 1 from sugar to Dan food .Then list Dan food to like #80 and above. Na to dey put alhaji for prayer every morning be that,lol

yMcy56:

Wow! Sorry for this.
Please make dem allow the poor man to breath oooo, they should stop suffocating them......

This market can be irrational sometimes......
The continuous free fall is no longer justified by the financials but by some other factors which may be internally related.

ETERNA and Dangsugar commItted same offence but merger news was able to save Dangsugar on time....

When GT was falling uncontrollably before it eventually started the rally that now took it to 37, it got to a point that it was glaring the dumping had to do more with internal issues.

You're not alone here, just keep the hope alive....
One thing I know is that, it will get to a stage where they'll be tired and will allow the stock to breathe......
Hopefully, TA as pointed out by Agba and Oga BBM will see it stabilize this week and start moving the price up.
Also, the activities there today was somehow a pointer to the falling coming to an end...... hopefully.

How much was eternal high for this year.

Ginalex:
This Eterna free fall just weak me and my homegirls

E shock you?

yMcy56:
President Tinubu is considering temporary subsidy on petrol.......
Guess this is in order .....it will help alleviate people's sufferings....

https://www.nairaland.com/7804378/tinubu-considering-temporary-subsidy-petrol

If he goes back his administration is finished

Yoast:

Sources indicate Elumelu bought Otedola out at a premium said to be between 4 to 6 times the current market price of the share.
https://www.arise.tv/in-landmark-deal-otedola-sells-transcorp-stake-to-elumelu/

This was denied by source closed to Otedola....
They said no premium was paid on it.......and that this was agreed on based on friendship.

Agbalowomeri:

If he goes back his administration is finished

I disagree ...
Re-introducing subsidy will serve as a palliative for the masses instead of giving households cash, the cash which will eventually end up in the pockets of few.
There's the need to urgently do something to alleviate people's sufferings.

Kenyan President was said to have done this recently as well.....and his people were relieved.

Though the critics and oppositions will talk, but nevertheless, they'll still come around to appreciate it later.
Fuel price, diesel, gas can't continue to be skyrocketing like this. People are going thru a lot.
Many have abandoned cars and are trecking/entering public transport at double the previous fares, food items gone up, school fees gone up, salaries/wages can't take care of anything again, etc.
It can't just continue like this o.

https://nairametrics.com/2023/08/15/presidency-announces-no-hike-in-petroleum-product-prices-fuel-subsidy-may-return/

https://www.google.com/amp/s/www.theeastafrican.co.ke/tea/business/ruto-reinstates-fuel-subsidies-in-u-turn-4336088%3fview=htmlamp

Yoast:
What then happens to independent marketers given licences to import PMS? Anyway, the policy somersault was inevitable because of poor management of the subsidy removal

They'll still be importing as well......while the govt will be subsidizing for the imported pms.
I think having more than NNPC importing is an added advantage in my opinion.

yMcy56:

They'll still be importing as well......while the govt will be subsidizing for the imported pms.
I think having more than NNPC importing is an added advantage in my opinion.

The government has been borrowing to pay for subsidy that ends up in neighbouring countries. The government doesn't have the money to continue the father Christmas.

emmasoft:


The NASD platform is not liberalized like the main NGX. Investors can't trade directly on the NASD platform you have to send your order to your stockbroker to be executed when there is availability of the stock. The NASD is not a very active platform so trade execution there is very slow compared to the main board. The majority of the deals in NASD are by cross deals or you just have to be patient. 95% or more of the investors in NASD are long-term players or owners, They hardly sell. I know someone that wish to buy ASL for up to two months now he's yet to get a seller.
It's even not all stockbroking firms that play NASD.

List the stockbroking firms that play NASD.

Agbalowomeri:

The government has been borrowing to pay for subsidy that ends up in neighbouring countries. The government doesn't have the money to continue the father Christmas.

The argument is that : Now that the govt has discovered some of the loopholes thru which previous subsidies were mismanaged, that a control measure can be put in place to block it.

The proposed return is still temporary.....
One of the mistakes made was to remove the subsidy outrightly without carrying out thorough investigation into why it wasn't effective during the last admin.
The decision was too hasty.

Not like anyone is saying it shouldn't be removed but it wasn't well thought out initially.

Even the big boys are not excluded:
https://www.nairaland.com/7804467/shell-petroleum-workers-protest-over

* Make una no vex, I go carry further posts go politics section.

Streetinvestor2:
Imagine if alhaji decide to maintain 1 for 1 from sugar to Dan food .Then list Dan food to like #80 and above. Na today put alhaji for prayer every morning be that,lol

There is a 95% probability that it will be so

Agbalowomeri:


If he goes back his administration is finished

I beg to disagree though. The outright removal of subsidy was a big mistake from the present government. The government was just too much in a haste and messed it up. Subsidy removal without local refining to reduce the cost of AGO and PMS is a blunder. The presidency should have partnered with Dangote Refinery to resolve the issue before taking that decision. Think of the colossal loss caused by the high cost of diesel on manufacturers coupled with the foreign exchange floatation, viz-a-viz the high cost of transportation caused by removal of subsidy on PMS on the cost of living of the people. If the government is not careful in reducing the effect of subsidy on the populace, then they are sitting on a time bomb.

Remember what sparked and started the arab spring; Mohammed Bouazizi burnt himself in Tunisia and boom, all the arab nations were on rampage. Nigerians are just waiting for a spark and then......

It seems you have forgotten how the endsars movement crippled the economy. Don't ever under estimate what the people can do.

kolaish:
I beg to disagree though. The outright removal of subsidy was a big mistake from the present government. The government was just too much in a haste and messed it up. Subsidy removal without local refining to reduce the cost of AGO and PMS is a blunder. The presidency should have partnered with Dangote Refinery to resolve the issue before taking that decision. Think of the colossal loss caused by the high cost of diesel for the manufacturing sector, viz-a-viz the high cost of transportation caused by removal of subsidy on PMS on the cost of living of the people. If the government is not careful in reducing the effect of subsidy on the populace, then they are sitting on a time bomb.

Remember what sparked and started the arab spring; Mohammed Bouazizi burnt himself in Tunisia and boom, all the arab nations were on rampage. Nigerians are just waiting for a spark and then......

It seems you have forgotten how the endsars movement crippled the economy. Don't ever under estimate what the people can do.

Not really a mistake to me...
They needed to test reality..
See outcomes for themselves, both loopholes and actual price of products as someone said above..
All these while before subsidy removal, it's just projection of prices by experts in various sectors and probably over bloated payments of subsidies in some sectors..now reality has shown where it's been too much and where it's been too little.

If they go back, there should be major fixes.

Federal University intervention is gone with students loan in place, etc.
Subsidy payment won't be that much I believe and streamlined to few essentials.

Otherwise as @Agbalowomeri said..
It's finished!!

yMcy56:
President Tinubu is considering temporary subsidy on petrol.......
Guess this is in order .....it will help alleviate people's sufferings....

https://www.nairaland.com/7804378/tinubu-considering-temporary-subsidy-petrol

For how long is temporary? The end of year oil price rise is coming due to high energy demand and operational cost in winter. Where are they going to get the dollar from? We can't meet OPEC quota to see dollar inflow, fx backlog on airlines and Co. I'm just observing this country from the sidelines.

Oando should just come and give me Christmas bonus early please.

essentialone:


List the stockbroking firms that play NASD.

Investment One
CSL
Morgan Capital
and many others.
Go to NASD website and check members/partners you have the comprehensive list there.

yMcy56:

I disagree ...
Re-introducing subsidy will serve as a palliative for the masses instead of giving households cash, the cash which will eventually end up in the pockets of few.
There's the need to urgently do something to alleviate people's sufferings.

One African President was said to have done this recently as well.....and his people were relieved.

Though the critics and oppositions will talk, but nevertheless, they'll still come around to appreciate it later.
Fuel price, diesel, gas can't continue to be skyrocketing like this. People are going thru a lot.
Many have abandoned cars and are trecking/entering public transport at double the previous fares, food items gone up, school fees gone up, salaries/wages can't take care of anything again, etc.
It can't just continue like this o.

https://nairametrics.com/2023/08/15/presidency-announces-no-hike-in-petroleum-product-prices-fuel-subsidy-may-return/

If you read the link,the government is not trying to subside rather will remove some things that make up the final price.In addition to this they should try and make the dollars available to importers at I nd E window. And making sure the dollars is not diavated to black mark..They stabilize the dollars for real businessmen at the official channel

The introduction of subsidy should not even be thought of.They should go after the ones that ripped the country from it and reinvest the money in agriculture .It is a hard way but the only way

yMcy56:

Wow! Sorry for this.
Please make dem allow the poor man to breath oooo, they should stop suffocating them......

This market can be irrational sometimes......
The continuous free fall is no longer justified by the financials but by some other factors which may be internally related.

ETERNA and Dangsugar commItted same offence but merger news was able to save Dangsugar on time....

When GT was falling uncontrollably before it eventually started the rally that now took it to 37, it got to a point that it was glaring the dumping had to do more with internal issues.

You're not alone here, just keep the hope alive....
One thing I know is that, it will get to a stage where they'll be tired and will allow the stock to breathe......
Hopefully, TA as pointed out by Agba and Oga BBM will see it stabilize this week and start moving the price up.
Also, the activities there today was somehow a pointer to the falling coming to an end...... hopefully.

let me hold on to this word

moneymanager:

You don't post when these companies end the day in GREEN or when they are enjoying BULL run . It is only when they end the day in red that you flood the forum ... I always make conscious effort to avoid people like you in real life.

Shalom428:
You don't post when these companies end the day in GREEN or when they are enjoying BULL run . It is only when they end the day in red that you flood the forum ... I always make conscious effort to avoid people like you in real life.

Why not avoid me here too