₦airaland Forum

jonnysessy:
The major reason i don't touch any stocks he is associated with. He will succeed to hype the stock and suddenly he will exit the stock and the stock will trend downward immediately.

It's worked for him.

I don't know what he says in his "Making it Big" book o.

But what I know is that he sold forte oil at an excessive premium, plugged part of the proceeds to GEREGU, then pumped GEREGU from less than #200 to over #1100, and Forbes re included him in their billionaires list, not minding that his GEREGU assets were at inflated price.

Tony will probably be watching transcorp again.

Cos Otedola needs an avenue for this his new N1.1 trn loot.

SonofElElyonRet:
Nairametrics - BREAKING: Femi Otedola sells majority stake in Geregu Power in $750 million deal

Price Free fall?

Abi, since the counterbalancing force has now been withdrawn, gravity has to take its course.

And it's unidirectional.

jonnysessy:
The way he will exit FBNH when he had accomplish what he wants.

Even if it will happen. It is not happening anytime soon.
The Nigerian banks are big cash cow to the ceos.He has always wanted to have hold on one like this . He has new HQ to build in eko Atlantic city and has to enjoy it as his new office

awesomeJ:
It's worked for him.

I don't know what he says in his "Making it Big" book o.

But what I know is that he sold forte oil at an excessive premium, plugged part of the proceeds to GEREGU, then pumped GEREGU from less than #200 to over #1100, and Forbes re included him in their billionaires list, not minding that his GEREGU assets were at inflated price.

Tony will probably be watching transcorp again.

Cos Otedola needs an avenue for this his new N1.1 trn loot.

Are u confirming he has sold ..lol
Then na alhaji refinery listing he is getting prepared for be dat.

Streetinvestor2:
Even if it will happen. It is not happening anytime soon.
The Nigerian banks are big cash cow to the ceos.He has always wanted to have hold on one like this one. He has HQ to build in banana Island

At Eko Atlantic City

emmanuelewumi:
At Eko Atlantic City

Thanks for the correction so he is going no where soon

Streetinvestor2:
Are u confirming he has sold ..lol
Then na alhaji refinery listing he is getting prepared for be dat.

hmm. another angle.

Very plausible.
He was part of the Dangote Business partners that wanted to acquire the NNPC refineries during Obj era.

awesomeJ:
Tony will probably be watching transcorp again.

Cos Otedola needs an avenue for this his new N1.1 trn loot.

Lol.
Once beaten? Tony no go gree this one again.
Though much less likely for a repeat to happen.

awesomeJ:
It's worked for him.

I don't know what he says in his "Making it Big" book o.

But what I know is that he sold forte oil at an excessive premium, plugged part of the proceeds to GEREGU, then pumped GEREGU from less than #200 to over #1100, and Forbes re included him in their billionaires list, not minding that his GEREGU assets were at inflated price.

Tony will probably be watching transcorp again.

Cos Otedola needs an avenue for this his new N1.1 trn loot.

Sure he is looking for where and how to deploy the loot... make I hold my FBNH tight.

why exit Geregu now?

FG has set up a bond to repay Gas and power legacy debts.
Probably much likely this 2026..
Well, they are the cow boys of this investing game. Who I be?

Anyone that has FBNHCO should hold it tight for now. Ote can pump anything!

chimex38:
why exit Geregu now?

FG has set up a bond to repay Gas and power legacy debts.
Probably much likely this 2026..
Well, they are the cow boys of this investing game. Who I be?

He has already made his money and the asset is overpriced.
How he gets people to buy his overpriced assets at inflated price remains a mystery.

Streetinvestor2:
Are u confirming he has sold ..lol
Then na alhaji refinery listing he is getting prepared for be dat.

Yes, he has indeed sold.

Streetinvestor2:
Are u confirming he has sold ..lol
Then na alhaji refinery listing he is getting prepared for be dat.

He is already an investor in DR
How do you think Dangote raise his capital

OsunOriginal:
Sure he is looking for where and how to deploy the loot... make I hold my FBNH tight.

Abi. 😁

chimex38:
why exit Geregu now?

FG has set up a bond to repay Gas and power legacy debts.
Probably much likely this 2026..
Well, they are the cow boys of this investing game. Who I be?

If you find someone willing to pay you 2x fair value, won't you exit too? 😁😁

hallysonia:
oga nosa, I left a message for you on your blog, ngxforum.com

Responded

Agbalowomeri:
He is already an investor in DR
How do you think Dangote raise his capital

You make it sound like it would be a substantial stake.

I'd say less than 5% if it exists.

That 5% sef would have added another $1bn to his net worth if he had it.

Alhaji raised via cement's dividends to DIL and AFREXIM BANK mostly.

But of course you might know something else I don't.

Agbalowomeri:
He is already an investor in DR
How do you think Dangote raise his capital

True.
But to reduce dilution effect when listed on NGX, he needs to acquire more.

He will be competing with institutional investors.
Guy man probably no wan carry last

Cashout with GEREGU. Nice....

awesomeJ:
If you find someone willing to pay you 2x fair value, won't you exit too? 😁😁

True though

pluto09:
He has already made his money and the asset is overpriced.
How he gets people to buy his overpriced assets at inflated price remains a mystery.

that guy man must have good PR analysts and hype men marketing business
Probably even used the bond issuance as a justification for the new buyers.
They probably have been convinced and guaranteed that they would be incuring just a slice of the companies debt.
FG takes care of the rest.

So the premium valuation becomes justified for the buyers.
#Conjecture

pluto09:
He has already made his money and the asset is overpriced.
How he gets people to buy his overpriced assets at inflated price remains a mystery.

Money miss road politicians

awesomeJ:
You make it sound like it would be a substantial stake.

I'd say less than 5% if it exists.

That 5% sef would have added another $1bn to his net worth if he had it.

Alhaji raised via cement's dividends to DIL and AFREXIM BANK mostly.

But of course you might know something else I don't.

I doubt whether Alhaji owns up to 70% of DR. There are committee of friends investors. FO's interest is reportedly ca. 5%

Good pm Gurus and Professionals in the house. Pls sir/ma I want to start buying stocks, what are the basics that I need to know. Thanks in anticipation of your responses

Agbalowomeri:
I doubt whether Alhaji owns up to 70% of DR. There are committee of friends investors. FO's interest is reportedly ca. 5%

Okay

It is probably already priced in. Remember that he bought Firstholdco recently at around N31. He might fund the remaining capitalization requirements of the bank though.

pluto09:
Anyone that has FBNHCO should hold it tight for now. Ote can pump anything!

FBNHCO is different from Geregu though. The former is in a strongly regulated sector that contains many competing pears. For example, you can't pump FBNHCO to N200 while GTCO is below N100.

pluto09:
Anyone that has FBNHCO should hold it tight for now. Ote can pump anything!

Geregu power was acquired by senator Abdul-Aziz Yari a former two times governor of Zamfara state.

Omo I been wan type something but I de fear make them no come pick me.

But Nigeria is a crime scene men. 😂

Itzlinda:
Geregu power was acquired by senator Abdul-Aziz Yari a former two times governor of Zamfara state.

Omo I been wan type something but I de fear make them no come pick me.

But Nigeria is a crime scene men. 😂

Jesus wept.This country is so disgraced under this civilian rule called democracy

If you sabi drive wella, you go know say this is Gear1 to Gear3

chimex38:
Probably why it rallied last week.

This news fit just give am gear 2

He already has a stake [btw 5.5 and 9.5%].

He'll definitely pump some of this into DANGREFINE

Streetinvestor2:
Are u confirming he has sold ..lol
Then na alhaji refinery listing he is getting prepared for be dat.