Aks:
You are now on 1.4% cos it's trading @ N4.88 now

How possible is that? I didn't buy @ 4.81 but 4.18 and 4.14.
So @ 4.88 am above 13%

OBAGADAFFI:


Nobody is saying banks are complicit.

But when banks directors are being sacked for these EFCC issues, it will surly affect the bank management.

Ι am just telling you that banks won't be affected.Infact the reverse is the case right now.

sirflav:

Sir I no fit o, I still dey Flourmills and FO but at the moment I am looking to enter Transcorp, skye or Livestock with my loot

Livestock is gradually running out of offers @ current price of 0.8
The price may go up any moment.

leo1234:

Livestock is gradually running out of offers @ current price of 0.8
The price may go up any moment.

Yes i got some @ 0.84 now i am looking to enter Transcorp. I am really scared of buying Skye

valacious:
Think the bus is about to move on livestock....

Madam thanks for the tip!

leo1234:
Livestock is gradually running out of offers @ current price of 0.8 The price may go up any moment.

running out of offer since 2 weeks now but no positive movement in price means?

valacious:
Think the bus is about to move on livestock....

seems so ! that 10m bid , wt no offers
interesting

sirflav:


Madam thanks for the tip!

I am a man sir.

CAN ANYBODY TELL ME WHAT IS GOING ON WITH IKEJA HOTEL

Coolcash1:


Why do you want to sell a performing stock like this. The bus is yet to reach bus stop just enjoy the ride while it last.

Even yours truly is still hanging on seeing my investment grow everyday. I tried buying more units 2 days ago but couldn't get. No offer at all.

The stock is still heading to #10

u know it. Dangote merely used this company to leverage on his cement refinery bussines, and now that those ones are set hes back. So nobody should fool anybody that food buissness is no longer profitable. Duffil, promassidor. Nestle. Wampco, chivitta, they are all there. Except the ones that wants to be mischevious like cadbury

angelo82:


Ι am just telling you that banks won't be affected.Infact the reverse is the case right now.

Okay then

mercylicious:
I jus entered unilever
http://thenationonlineng.net/shareholders-block-unilevers-bid-overriding-stake-unilever-nigeria/

Nigerian shareholders largely shunned a N43 billion share-acquisition bid by Unilever Overseas Holdings, United Kingdom aimed at acquiring a quarter of Unilever Nigeria’s shares to increase the multinational’s majority equity stake in the Nigerian subsidiary to 75 per cent.
The latest audit of Unilever Nigeria, scheduled to be presented to the company’s general meeting on May 12, indicated that Unilever UK’s total shareholdings in Unilever Nigeria only increased by 8.49 per cent from 50.04 per cent to 58.53 per cent after the conclusion of acquisition bid. Besides, Unilever UK had resorted to mopping up the shares of Unilever Nigeria through the Nigerian Stock Exchange (NSE).
Unilever UK now holds 58.53 per cent, 16.47 per cent short of the 75 per cent, through two holding companies-Unilever Overseas Holdings BV Holland, which holds 50.04 per cent and Unilever Overseas Holdings BV, which holds 8.49 per cent. Nigerian investors retain 41.47 per cent shareholdings in Unilever Nigeria.
“The total shareholding of Unilever Overseas Holdings B.V. increased to 321,395,410 following the Tender Offer to other Shareholders of Unilever Nigeria Plc and open market purchases made during closed periods in 2015,” according to the audit.
The Nation’s check indicated that Unilever UK holds a total of 2.214 billion ordinary shares of 50 kobo each out of Unilever Nigeria’s total issued shares of 3.78 billion ordinary shares of 50 kobo each. A breakdown showed that Unilever Overseas Holdings BV Holland holds 1.89 billion shares.
Under the extant laws, a 75 per cent equity stake would have given Unilever UK the overriding majority equity stake to undertake several strategic transactions including mergers, acquisitions, new capital issues and other major corporate changes with little or less resistance from Nigerian shareholders.
A shareholders’ leader who spoke to The Nation said they mobilised against the acquisition bid because Nigerian shareholders felt the bid was not fair and in the best interest of Nigeria. The shareholders’ leader cited shareholders’ resistance to similar move by GlaxoSmithKline UK, which was forced to abandon bid to acquire overriding majority equity stakes in GlaxoSmithKline Consumer Nigeria by acquiring shares held by minority Nigerian shareholders.
Unilever Overseas Holdings, the United kingdom-based foreign core investor in Unilever Nigeria, had in first half of 2015 sought to increase its majority equity stake in the Nigerian subsidiary from 50 per cent to 75 per cent, citing long-term strategic importance of Unilever Nigeria to its global business.
In a transaction initially valued at about N43 billion or £144.5 million, Unilever Overseas Holdings sought to increase its equity stake in the Nigerian company from 50.04 per cent up to a maximum of 75 per cent by buying additional shares from minority shareholders. The tender offer sought to acquire about 942.42 million ordinary shares in Unilever Nigeria at a price of N45.50 per share in cash.
In a statement signed by Richard Hazell, Director, Unilever Overseas Holdings B.V, Unilever had said it was making the additional share acquisition as part of long-term strategic plan by the conglomerate as it believes that Nigeria offers significant growth potential.
“The Unilever Group has had a major presence in Nigeria for many years and continues to believe that the country offers significant growth potential. This makes Nigeria a strategic long term investment priority for Unilever Overseas. Globally, the Unilever Group is focused on investing in the foods, household and personal care categories and the long heritage and great brands of Unilever Nigeria in these categories in Nigeria make it attractive for Unilever Overseas to increase its holding in Unilever Nigeria, whilst maintaining its stock exchange listing,” Unilever stated in the statement enclosed in the tender offer.

Is this news not old news? I thought this news came out early last year?

Born2berich:
Is this news not old news? I thought this news came out early last year?

welcome back.you are right.there was even a proposal for tender offer then

long term dividend hunters will not allow UCAP to pull back !

sigh

Intendy:


welcome back.you are right.there was even a proposal for tender offer then

Thanks. I just preferred to watch from the sidelines as things unfold. I was surprised seeing the news again when i remembered that this was a done deal since last year. Was the newspaper company paid to bring out this old news again?

God bless Diamond Bank... Once I exit there, my watch has ended

Vitafoam man sighted

Born2berich:
Thanks. I just preferred to watch from the sidelines as things unfold. I was surprised seeing the news again when i remembered that this was a done deal since last year. Was the newspaper company paid to bring out this old news again?

It's not a done deal. The target is 75% but the parent company failed to achieve target. Still on 58.53%. Using the news post as a basis for a BUY decision is what I would consider risky.

Agbalowomeri:
Vitafoam man sighted

Free the man. What if he brought glad tidings?

Your own foam don tire you?

*Modified

Manonamission:


It's not a done deal. The target is 75% but the parent company failed to achieve target. Still on 58.53%. Using the news post as a basis for a BUY decision is what I would consider risky.

Using the news post as a basis for a buy decision is what I would consider risky.

THAT'S IT

Agbalowomeri:
Vitafoam man sighted

Just passing bye.

bolabiyi:
the market will hint u wen u see ur stock on full offer..

My airfare and spending money was paid for by a very very vary partial sale of Tigerbrand. Come an join me in Trans-Ekulu next week make we chill

I hope big brother is not watching

Manonamission:


It's not a done deal. The target is 75% but the parent company failed to achieve target. Still on 58.53%. Using the news post as a basis for a BUY decision is what I would consider risky.

You might be right..Let me make more findings though

ufotty2001:
CAN ANYBODY TELL ME WHAT IS GOING ON WITH IKEJA HOTEL

There was a year this stock pulled a TigerHEAD on us......crazy price appreciation

Manonamission:


Free the man. What if he bring glad tidings?

Your own foam don tire you?

Na Mouka I dey use, just wondering if I should change it to Vitafoam since the prophet has descended from the mountain

whats going on with diamond, huh?

I have taken a break from this tumbum tumbum business. I now mine cryptocurrency. PM if u want to join me for guaranteed profit.

am thinking of picking up skye bank @ 1.06.. and wait on till results comes out.....

Skye Bank's result is likely going to be above expectation!

EDUECO:
Skye Bank's result is likely going to be above expectation!

It may be like that of FBNH,rally before result can be very bad when the result is out everybody will rush to jump out.

FCMB moved from 1.03 or 1.04 to 1.09,they are slowly and carefully coming back!

angelo82:


It may be like that of FBNH,rally before result can be very bad when the result is out everybody will rush to jump out.

or if u wanna do a guess work like larry , buy average unit [be in the middle ]

Nobody knows how the result will be like


How is mkt goin sir D'Angelo

Any obervation on gtb , access , zenith