₦airaland Forum

Streetinvestor2:
That won't make business sense. They flood the market from thr holdings which may likely reduce the quantity they already have baged.And if one billionaire decide to be buying. They will pay more for the wrong move.Nobi only them get sense oh

ositadima1:
So, what’s your verdict? Is WAPCO a buy at this point, or when will it no longer be a safe bet?

All this back and forth seems like an attempt to show off that you’ve been in it—so what?

I also have WAPCO, so what’s the point in boasting about tripling my investment to people who don’t have it?

designking:
The wise thing to do is stay put and wait for the MTO price. It can't be less than ₦150.

The company already acquired 83%+ and it wouldn't be difficult to purchase the balance 17% shares. They can even gradually buyout a lot of the offers from the NGX till the MTO date.

designking:
The wise thing to do is stay put and wait for the MTO price. It can't be less than ₦150.

The company already acquired 83%+ and it wouldn't be difficult to purchase the balance 17% shares. They can even gradually buyout a lot of the offers from the NGX till the MTO date.

robobo:
if the news of buyout/delist flies below are my night school analysis of what a fair price should look like


Lafarge (Wapco) back of envelope possible buy out price (going by link shared by sunrise)

Hoacin bought Lafarge Zambia with a capacity of 1.5m/t for $150m for 70%

Meaning 100% of Lafarge Zambia is priced at $200m for 1.5m/t which equals $133m for 1m/t capacity

Hoacin bought Lafarge Malawi with a capacity of 0.25m/t for $10m for 100% which equals $40m for 1m/t

Above means Hoacin paid an upper of $133m for 1m/t capacity and a lower of $40m for 1m/t with an average of $89m for 1m/t

From above for a Lafarge Nigeria with a capacity of 10.5m/t the

Upper buy could be 10.5 by $133m equals $1.4bn @ 1600/$ gives N2.24 trillion with outstanding shares of 16.11bn gives a valuation of N139 per share

The average buy could be 10.5 by $89m equals $935m @ 1600/$ gives N1.5 trillion bn with outstanding shares of 16.11bn gives a valuation of N93 per share

Lower buy could be 10.5 by $40m equals $420m @ 1600/$ gives N672 million with outstanding shares of 16.11bn gives a valuation of N42 per share

So we have three possible scenario of N42; N93 and N139

42 is already affirmatively broken, so maybe we could test 92 next (if no info comes out before it gets there)

Selah


i have some few units of Wapco so i might be blinded by sentiment

chimex38:
in the interim, yes.
Then what about the MTO on the letter?

They will, eventually.

HesInMe:
No vex, WAPCO shareholder here. what's this "MTO" you guys keep referring to? Management takeover?

HesInMe:
No vex, WAPCO shareholder here. what's this "MTO" you guys keep referring to? Management takeover?

robobo:
From above for a Lafarge Nigeria with a capacity of 10.5m/t the

Upper buy could be 10.5 by $133m equals $1.4bn @ 1600/$ gives N2.24 trillion with outstanding shares of 16.11bn gives a valuation of N139 per share

The average buy could be 10.5 by $89m equals $935m @ 1600/$ gives N1.5 trillion bn with outstanding shares of 16.11bn gives a valuation of N93 per share

Lower buy could be 10.5 by $40m equals $420m @ 1600/$ gives N672 million with outstanding shares of 16.11bn gives a valuation of N42 per share

i have some few units of Wapco so i might be blinded by sentiment

emmanuelewumi:
Mandatory Tender Offer

chimex38:
@HesInMe
I don't know if this is the official meaning of the acronym.
(might be).

But how I understand it is what I replied you.
all na still MTO

BullBearMkt:
OANDO ACCUMULATION PHASE ONGOING...
A lot of buying-selling transactions going-on between 57 - 64 creating price ranging. Will there be imbalance in buying pressure soon? Or will it be selling pressure imbalance?

PLAN YOUR TRADES AND TRADE YOUR PLANS

designking:
The wise thing to do is stay put and wait for the MTO price. It can't be less than ₦150.

The company already acquired 83%+ and it wouldn't be difficult to purchase the balance 17% shares. They can even gradually buyout a lot of the offers from the NGX till the MTO date.

chimex38:
@HesInMe
I don't know if this is the official meaning of the acronym.
(might be).

But how I understand it is what I replied you.
all na still MTO

designking:
Once the 83+% share acquisition is approved, the intend doing a mandatory takeover (Delisting).

The stock will rally upward this week. ₦75 per share is sure this week

emmanuelewumi:
I am ready to sell when it gets to N90 and invest in other stocks

Raider76:
This is the kind of post that can make some people take decisions that will make them lose money. How do you know it can't be less than 150? The same thing they said of Flourmill, and look at the final price they are paying.

Willie2015:
N=100 +
At least for being a loyal
long time investor...

yMcy56:
Mandatory Takeover is not delisting!!
It's just in compliance with, and in fulfilment of the Rules guiding bulk purchase from Majority Shareholder(s).

The MTO may just be 1% from other Minority Shareholders just to fulfil the Rules & Regulations guiding the transfer from the majority shareholder.

We have seen it played out at different times on some stocks in NGX.
Delisting may eventually come if the new majority owner so wish, but definitely, MTO is not it.

Happy New Month to All.

emmanuelewumi:
From Meta AI

yMcy56:
Mandatory Takeover is not delisting!!
It's just in compliance with, and in fulfilment of the Rules guiding bulk purchase from Majority Shareholder(s).

The MTO may just be 1% from other Minority Shareholders just to fulfil the Rules & Regulations guiding the transfer from the majority shareholder.

We have seen it played out at different times on some stocks in NGX.
Delisting may eventually come if the new majority owner so wish, but definitely, MTO is not it.

Happy New Month to All.

Princkez:
Time will justify...leave it for us,I will load more if it comes below #3.

chimex38:
Your point isn't different from what he said.
He said the patient ones will get it at ₦2.5 or so.. Same as sub 3 u highlighted. Which is the ideal support level.
So he isn't writing the stock off.

chimex38:
Why some companies no fit give report as straight to the point like this to avoid analysis, paralysis

Xidget:


I expect Wapco to rally this week, after that, it will pullback and leave bagholders holding the bag till the MTO

megawealth01:
Kukuma call Oando no body go swallow

KarlTom:
JiJo

megawealth01:
Read all he wrote this time slowly. If una like keep talking about ELLAHLAKES una talk pass that one about Oando and others nothing dey happen

We full ground

SonofElElyonRet:
We tanda gidigba.. no shaking