Mpeace:
And he is going fully into the power sector. Hmm. E be like say na for this power sector money go dey oh.

dangote refinery!

Mpeace:
And he is going fully into the power sector. Hmm. E be like say na for this power sector money go dey oh.

No his friend Dangote would soon start production and Subsidy will be removed by the useless govt. Then profit would be based on competition and market share.

He has to port to the new area they expect the next subsidy to come from in the form of govt grants, loans , over billings on Nigerians etc to continue their flamboyant life!

Nigeria my country!

dipoolowoo:
Femi Otedola Completes Sale of Forte Oil, Exits as Chairman
https://businesspost.ng/2019/06/19/femi-otedola-completes-sale-of-forte-oil-exits-as-chairman/

and the stock pop 10 % on the news,investors might be banking on the fact that the new investors might want to delist since they hold 75% now.they paid femi 66 naira each for 75% stake,if them give me 50 naira for the remaining 25% is it badddddddd?

DOLLARTEX:
and the stock pop 10 % on the news,investors might be banking on the fact that the new investors might want to delist since they hold 75% now.they paid femi 66 naira each for 75% stake,if them give me 50 naira for the remaining 25% is it badddddddd?

That means this next level... Delisting is the new growth.

Diamond
DF
WAPCO
FO has joined ....who is next

stcool:

That means this next level... Delisting is the new growth.
Diamond DF WAPCO FO has joined ....who is next

lol,

bomboclad more oil,petroleum,grease to your elbow. oo

I hail you bro, interesting days ahead!!!

DOLLARTEX:
bomboclad more oil,petroleum,grease to your elbow. oo

Mpeace:
And he is going fully into the power sector. Hmm. E be like say na for this power sector money go dey oh.

Believe that at your own risk

All I see is Power-Oil

stcool:


Improve fire...with unaudited. Larfarge ready mix is already merging into the parent company. Shows nothing is happening.

I wait price sub N7...we start accumulation for long-term

I don't think that is a bad result, for a company returning to profitability, and improved net assets. All things being equal (excluding the Nigerian factor) this company should still do well in future.

Regency Alliance Insurance Shareholders Reject Payment of 3 Kobo Dividend
https://businesspost.ng/2019/06/19/regency-alliance-insurance-shareholders-reject-payment-of-3-kobo-dividend/

Lafarge Africa Redeems N26.4bn 3-Year Bond
https://businesspost.ng/2019/06/19/lafarge-africa-redeems-n26-4bn-3-year-bond/

When shareholders begin reject dividend

dipoolowoo:
Regency Alliance Insurance Shareholders Reject Payment of 3 Kobo Dividend
https://businesspost.ng/2019/06/19/regency-alliance-insurance-shareholders-reject-payment-of-3-kobo-dividend/

Lafarge Africa Redeems N26.4bn 3-Year Bond
https://businesspost.ng/2019/06/19/lafarge-africa-redeems-n26-4bn-3-year-bond/

Chai headlines can be so misleading.. rejecting the dividend is for the betterment of the company..

How this come be news? Unless

for nsempa that can dig deep , these new crop of directors ..... Can you guys help us with info on them.......these seems to be new management...............I also noticed Micheal Balogun increased his meagre holdings as a director by 6000000 units........when Larafarge was #100+ about 4 years ago.....I would have said this is a substantial increase, also I would like to know his annual salary as his peer in Dangote "Makojun" goes home annually with over #400million annaual salary

stcool:


No his friend Dangote would soon start production and Subsidy will be removed by the useless govt. Then profit would be based on competition and market share.

He has to port to the new area they expect the next subsidy to come from in the form of govt grants, loans , over billings on Nigerians etc to continue their flamboyant life!

Nigeria my country!

but which step gpvernment take wey una no see negative? encouraging local production still bad again ? my people my people!

maishai:
for nsempa that can dig deep , these new crop of directors ..... Can you guys help us with info on them.......these seems to be new management...............I also noticed Micheal Balogun increased his meagre holdings as a director by 6000000 units........when Larafarge was #100+ about 4 years ago.....I would have said this is a substantial increase, also I would like to know his annual salary as his peer in Dangote "Makojun" goes home annually with over #400million annaual salary

Still digesting the results and other information available. Is like the company is divesting from its SA operation which will be good news to me.
I am tempted to reenter the stock again.

stcool:


I should not blame him because they selected themselves. You did not see how OBJ was involved in every economic decision making in the country during his time as President.

Please face front!

LOL!

Temper temper

DOLLARTEX:
and the stock pop 10 % on the news,investors might be banking on the fact that the new investors might want to delist since they hold 75% now.they paid femi 66 naira each for 75% stake,if them give me 50 naira for the remaining 25% is it badddddddd?

Forward ever, backward never!

so what will happen to people that bought because of 3kobo dividend. Chai.

dipoolowoo:
Regency Alliance Insurance Shareholders Reject Payment of 3 Kobo Dividend
https://businesspost.ng/2019/06/19/regency-alliance-insurance-shareholders-reject-payment-of-3-kobo-dividend/

Lafarge Africa Redeems N26.4bn 3-Year Bond
https://businesspost.ng/2019/06/19/lafarge-africa-redeems-n26-4bn-3-year-bond/

Wema Bank faithfuls...Adebutu Kensington is the buyer

https://guardian.ng/business-services/strategic-investor-takes-controlling-stake-in-wema-bank/

rebekah2011:
so what will happen to people that bought because of 3kobo dividend. Chai.

Stcool, come answer your Jamb question.

https://www.youtube.com/watch?v=VXuslznAxVA

Nigeria Stock Market review for June 19, 2019

DeRuggedProf:



Stcool, come answer your Jamb question.

CHAMS is way better!

DAILY STOCK MARKET GUIDE FOR 20 JUNE 2019

MSCI Nigeria on 19 June sold 64,618 units of Guinness.

There is turbulence in the market Another good time just to stay and watch on the sideline. This week is already a losing week.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis (https://twitter.com/AnalysisTarget) and is not to be distributed without our authorization.

stcool:
Wema Bank faithfuls...Adebutu Kensington is the buyer
https://guardian.ng/business-services/strategic-investor-takes-controlling-stake-in-wema-bank/

11.4% stake out of total market cap.
That guy has the potential and resources to turn around the fortune of that bank for good. I've been keeping watch on the bank lately.

stcool:
Wema Bank faithfuls...Adebutu Kensington is the buyer

https://guardian.ng/business-services/strategic-investor-takes-controlling-stake-in-wema-bank/

BABA IJEBU enter WEMA BANK.

Opportunity for those in FO to bail out!

I had predicted FO will get to 37 and go down, but what i am seeing in my "calabash/magic mirror" tells me it would go much higher, but I dont know why. Maybe cos of the cost price for the 75% purchased. Let me watch and see, not leaving soon....

aremso:
Opportunity for those in FO to bail out!

Bomboclad:
I had predicted FO will get to 37 and go down, but what i am seeing in my "calabash/mirror tells me it would go much higher, but I dont know why. Maybe cos of the cost price for the 75% purchased. Let me watch and see, not leaving soon....

I may be wrong but to me, it will go much lower.

It is currently undergoing what we call a retracement, after which it would go much higher, just like FCMB did yesterday. I would love to be proven wrong anyways.

aremso:


I may be wrong but to me, it will go much lower.

He has always been there.

OBAGADAFFI:


BABA IJEBU enter WEMA BANK.