₦airaland Forum

https://www.youtube.com/watch?v=9Y5utZVugmk

Ngx Midday update

PETERiCHY:
A Soft Reminder 🎗️ of where OANDO is heading to DESTINATION #300 Junction.

GOOD LUCK to those that heeded our ADVICE and GRABBED their NATIONAL CAKE 🍰 🎂


BARGAIN HUNTERS TAKE NOTE!

24m bids vs 1.9m offers
OANDO superlative results is around the corner 📌📌📌


BARGAIN HUNTERS TAKE NOTE!

Weekend wey go sweet na Friday we dey know...

Champions alert well received

Everywhere is red, red sea

Slammmmmmmm:
BUA CEMENT dividend came in, but I noticed that 10% wasn't deducted for WHT. More like 4% or something.

Mine too. only 4.073% was witheld, I hope the company or their registrar will sort NRS if they error is found, cos I will have spent the money before then

ogawisdom:
Everywhere is red, red sea

Lets see how long people's long term can get.

The panic is coming

mikeapollo:
I doubt if the private placement would be at a discount to the IPO price. The reason is there is already huge awareness and interest by the public, so once the PP is placed with the few high networth investors, idustry watchers and market players would get to know the price and it would be difficult for Alhaji to later offer same shares to the general public at higher price for the IPO, unlike what usually happens under normal PP.

Both the PP and IPO will be offered at $50bn valuation.

nosa2:
Lets see how long people's long term can get.

The panic is coming

Normal side ways market/Friday market
Check the small amounts difference making many show red.Na kobo kobo not serious loss.I no sabi TA but I sabi how I dey take check my own

So alhaji wan generate 50 billion dollars from sales of 10%.How much does the refinery worth. Na another job he wan set with the ipo.Abi no be 50 billion dollars my ear here for that interview

awesomeJ:
Mine too. only 4.073% was witheld, I hope the company or their registrar will sort NRS if they error is found, cos I will have spent the money before then

money wey dn commot my account

You mean $5b. (If valuation of 50b holds water)

Streetinvestor2:
So alhaji wan generate 50 billion dollars from sales of 10%.How much does the refinery worth. Na another job he wan set with the ipo.Abi no be 50 billion dollars my ear here for that interview

Oga loco aka stock promoter ALEX wan begin move ooh nah only 20percent me need. Make I drop. Thanks for all you do

As at last year, The refinery was estimated to be between $20b -$25b.
Even though PENCOM has given goahead to PFAs, I’m certain they are very prudent and calculative.

So basically, I’m looking forward to their actions. Not OteD or any Billionaire.
Those guys (PFAs) have their estimated value of what’s worth and I suspect that negotiation may be the reason for the September timeline.

We keep monitoring how it unfolds and ignore tge noise.

nosa2:
Lets see how long people's long term can get.

The panic is coming

Sell in May

Come back when again??

ETERNA
https://doclib.ngxgroup.com/Financial_NewsDocs/ETERNA_PLC_-_NOTICE_OF_RESIGNATION_AND_APPOINTMENT_OF_MD.pdf

That was a super short spell...

KarlTom:
ETERNA appoints Mr. Olumide Adeosun as CEO exactly a week to their BM.

I hope he can transform them into an integrated energy company...

https://doclib.ngxgroup.com/Financial_NewsDocs/42890_ETERNA_PLC.-RESIGNATION_AND_APPOINTMENT_OF_MANAGING_DIRECTOR_AND_CEO_CORPORATE_ACTIONS_JANUARY_2025.pdf

Umehj88:
Oga loco aka stock promoter ALEX wan begin move ooh nah only 20percent me need. Make I drop. Thanks for all you do

No hurry for Alex.
You will get over 30%

Watch Vfd.
Price is low because of insider BUY/SELL.
Touched 9.50 52wks low today with heavy volume.
If this 9.50 support is rejected in the coming days,next support will be 11.20.Sellers will soon done.

Our picks this May/June
Alex,vfd, Japaul

Only for traders

Airtel Africa’s revenue in 2025

• Nigeria 🇳🇬 - $1.0b

• East Africa (Kenya, Malawi, Rwanda,Tanzania, Uganda, Zambia) - $1.8b

• Francophone Africa (DRC, Chad, Gabon, Madagascar, Niger, Republic of Congo, Seychelles) - $1.3b

Nigeria is a continental region in her own right.

ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. +5.00%
SEPLAT. ±

Yoursfaithful:
Like this one don miss road oo..are you sure you're in the right platform..cos wetin be this fgs

Brother calm down ..are u man enough to do BBL? will it sut u
...ok was yor name bro. and yor nomba?

PETERiCHY:
24m bids vs 1.9m offers
OANDO superlative results is around the corner 📌📌📌


BARGAIN HUNTERS TAKE NOTE!

Did 5%
Be calming down

mikeapollo:
Did you read the release by PENCOM on the waiver granted to pension fund custodians wrt to the IPO? The "as much as possible" is within the context of what the new waiver permits them.

The waiver is not in respect of the set limits, as a matter of fact, I think the PENCOM statement explicitly states that those limits remain.

The waiver is specifically to make the asset qualify as investable for pfa, cos the current regulations only allow investment in companies that have been in operation for certain number of years and that have been consistent with dividend payments. Both criteria are ones the refinery fails to meet, hence the waiver.

MrCork:
helo. I write book & i can teach u how to write book.please ignore book, educations will not get u anywere.wot u need is mouney.please are u intaressted in housegirl work for a billionair where u will earn a coool N26,000 naira (cash) & u will provided housegirl uniform..cap included.u will all so have a shance to travel to london to do a more respectable house girl job...u want??

Are you sboga in new flesh?

awesomeJ:
Are you sboga in new flesh?

Empty hen has not released him

Ourown:
Can someone convince me not to sell my Accesscorp?

It will trade at #100 soon.
Soon is relative.

Slammmmmmmm:
money wey dn commot my account

😁😁😁
Let it breathe small na.

Agbalowomeri:
Empty hen has not released him

Hence the Cork 😁😁😁

Ain't it supposed to be COCK?

KarlTom:
ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. +5.00%
SEPLAT. ±

Lol. As usual weekend don reach. Oando and their abacabdra. If only they can sustain

awesomeJ:
Both the PP and IPO will be offered at $50bn valuation.

You mean $50bollion or $5billion?

8

awesomeJ:
The waiver is not in respect of the set limits, as a matter of fact, I think the PENCOM statement explicitly states that those limits remain.

The waiver is specifically to make the asset qualify as investable for pfa, cos the current regulations only allow investment in companies that have been in operation for certain number of years and that have been consistent with dividend payments. Both criteria are ones the refinery fails to meet, hence the waiver.

Okay. So they will be allowed to invest in the IPO for "as much as posible". What is "possible" is what is permitted by law!
And all the PFCs alone can take up almost all the IPO.

mikeapollo:
You mean $50bollion or $5billion?

The entire entity will be valued at $50bn for the offer(s).
The $5bn is the proceeds of selling 10% of the business.

It will add about 70trn to our current market cap, an thus hold over 30% of the market.

There will hardly be any need to check all other stock prices any day it gains or loses.

Cos any price movement on it will push or pull the ASI in the same direction.

mikeapollo:
8
Okay. So they will be alliwed to invest in the IPO for "as much as posible". What is "possible" is what is permitted by law!
And all the PFCs alone can take up almost all the IPO.

Yes.
If we take total pension assets as N30trn and permissible equity exposure as 25% aggregate.

That'll be N7.5trn of pension money available for the entire equities market.

Prudential guidelines should forbid more than 20% of overall exposure to any single company, so another 20% limit on that 7.5trn means pfas can only drop N1.5trn max or circa $1bn or circa 20% of the entire offer.

So there'll still be 80% of the offer size available

awesomeJ:
The entire entity will be valued at $50bn for the offer(s).
The $5bn is the proceeds of selling 10% of the business.

It will add about 70trn to our current market cap, an thus hold over 30% of the market.

There will hardly be any need to check all other stock prices any day it gains or loses.

Cos any price movement on it will push or pull the ASI in the same direction.

Just like that from 20 billion in 3 yrs to 50 billion. Na so dollars don dey useless dey go.What was alhaji rating this yr on forbes ranking in dollars term