sellydion:
Banks are getting ready!!!

I hope WEMA behave... My monies there @69-70 kobo

big money things

Mcy56:
STANBIC: Up with N2+! ......46.60!

PORTPAINT: Sighted at 3.19!
Has the Toerms of Merger changed? We find out soon.....

ZENITH:. Sighted @27!

GTB: Sighted @34!

@119mba
Thanks for the article. That's the same one I was referring to.

The reason for Zenith rally. Declaration of dividend .

http://www.nse.com.ng/Financial_NewsDocs/32251_ZENITH_BANK_PLC%20ZENITH_BANK_PLC__CORPORATE_ACTIONS_JAN.pdf

longlife20:

Thanks very much for appreciating me. This is the q4 result. The audited result will state the dividend they are going to pay but i am sure they will maintàin the 20k they paid last year.

Yes. If not more than.
I wonder how the likes of Sterling will be trading higher than NPFMBK..........market sentiment things.....in my opinion, this bank should be in the caucus of FCMB/Fidelity self...

emmanuelewumi:



Lafarge is the cheapest in the industry followed by Dangote

True

Mcy56:

Yes. If not more than.
I wonder how the likes of Sterling will be trading higher than NPMFBK..........market sentiment things.....in my opinion, this bank should be in the caucus of FCMB/Fidelity self...

How?

emmanuelewumi:



Lafarge is the cheapest in the industry followed by Dangote

Pa Emma, you mentioned sometime ago that you have been buying First bank. Please is First bank still a good buy at the current price or one should wait after dividend? For a long term anyway.

Note: I am liable to any decision I make after your idea.

Heishere:


Downloaded. Nice app. Thanks.

119mba:

Was this what you read?
....

Heineken may launch N3.06b full takeover bid for Champion Breweries.

2 weeks ago.

Heineken B.V, the majority core investor in Nigerian Breweries Plc and Champion Breweries Plc, may soon launch a full takeover bid for minority shares in Champion Breweries after the global breweries giant closed a N4.95b deal to increase its majority equity stake in Champion Breweries to 84.97 per cent.

Transaction details and regulatory filings at the Nigerian Stock Exchange (NSE) showed that Heineken, through its wholly-owned Nigerian subsidiary, Raysun Nigeria Limited, acquired N4.95 billion shares from local investors to increase its controlling equity stake in the Akwa Ibom State-based Champion Breweries.

A total of 1.90 billion ordinary shares of 50 kobo each of Champion Breweries were crossed to Raysun Nigeria Limited at N2.60 per share through the negotiated window of the NSE. The new transaction represents 24.27 per cent of the issued share capital of Champion Breweries.

Prior to the latest acquisition, Heineken, through Raysun Nigeria Limited, held 60.7 per cent majority equity stake in Champion Breweries. Akwa Ibom State held 10 per cent equity stake while other Nigerian shareholders held 29.3 per cent equity stake......

Champion Breweries has 7.829 billion ordinary shares of 50 kobo each, with Heineken, through Raysun Nigeria, now holding some 6.652 billion ordinary shares of 50 kobo each, leaving about 1.177 billion shares in the hands of other shareholders.

Market pundits said the new transaction has created deeper free float deficiency for Champion Breweries.

Free float, otherwise known as public float, refers to the number of shares of a quoted company held by ordinary shareholders other than those directly or indirectly held by its parent, subsidiary or associate companies or any subsidiaries or associates of its parent company; its directors who are holding office as directors of the entity and their close family members and any individual or institutional shareholder holding a statutorily significant stake, which is five per cent and above in Nigeria.

Under the rules at the NSE, Champion Breweries, which is quoted on the main board of the Exchange, is required to have a minimum free float of 20 per cent of its market capitalisation, implying that 20 per cent of the companies’ shareholdings must be available for minority retail shareholders.

Sources said there were indications that Heineken might consider delisting or merger to cure the free float deficiency and unlock further synergies.

Shareholders of Champion Breweries had earlier clamoured for the merging of the company with Nigerian Breweries in order to create synergies that could deliver greater values to all stakeholders.....

https://www.google.com/url?sa=t&source=web&rct=j&url=https://thenationonlineng.net/heineken-may-launch-n3-06b-full-takeover-bid-for-champion-breweries/

Thanks,I am not surprised.NB not coming out directly to take over this time.They are using their left hand not to attract too much attention

megawealth01:
How?

Because Police is your friend nah.

On a serious note, the company has been consistently paying dividend and the one paid in the last FYE was 20k, same with what Fidelity paid...........don't mind my amateurish analysis, I no be guru....... ....you too can go and study their financials and see yourself.

BTW, it seems some guys are selling other stock's to key into Zee and the likes, doesn't mean anything is wrong with those stocks they were selling.....

UACN: Lots of cross deals/transactions @8.15........again!

Just for the records... I have started hunting OANDO... My last buy will be tomorrow

Abeg no news oooooo na my usual GAMBLE

DD applies... Remember I aren't your financial adviser

Mcy56:
UACN: Lots of cross deals/transactions @8.15........again!

Same folks that feasted on UAC-PROP are in the OGA itself...

Mcy56:

Because Police is your friend nah.

On a serious note, the company has been consistently paying dividend and the one paid in the last FYE was 20k, same with what Fidelity paid...........don't mind my amateurish analysis, I no be guru....... ....you too can go and study their financials and see yourself.

BTW, it seems some guys are selling other stock's to key into Zee and the likes, doesn't mean anything is wrong with those stocks they were selling.....

I don't know why my spirit no gree for am... I met it at 0.70 then but didn't buy

megawealth01:
Same folks that feasted on UAC-PROP are in the OGA itself...

Maybe UACN is coming with special Dividend or something, because the cross deals are massive...

Hope you get enough Caverton!

jideflash:
big money things

Mcy56:

Maybe UACN is coming with special Dividend or something, because the cross deals are massive...

Jokes apart I don't have UACN... I had to buy UAC-PROP after it dawn on me that that brand will come up alive again...

Note...

I don't have UACN na only UAC-PROP I get so do your DD as always

sellydion:
Hope you get enough Caverton!

Shebi I encouraged pple to buy even if na small... E go shock all

megawealth01:
Jokes apart I don't have UACN... I had to buy UAC-PROP after it dawn on me that that brand will come up alive again...

Note...

I don't have UACN na only UAC-PROP I get so do your DD as always

please I entered UAC-PROP today @.80 and .81...hope I'm safe

who can help analyze this result?
http://www.nse.com.ng/Financial_NewsDocs/32253_GUINNESS_NIG_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT_FOR_.pdf

Princkez:
please I entered UAC-PROP today @.80 and .81...hope I'm safe

No safety anywhere oooooo... Safety is only in the name of JESUS

megawealth01:
Jokes apart I don't have UACN... I had to buy UAC-PROP after it dawn on me that that brand will come up alive again......

I blvd UACN will bounce back, more especially that they were done with their loss making arm.
It's just a matter of time.......

UAC-PROP on the other hand has found qualified hands to turn things around for good.
Also a matter of time......

Long termers should just be positioning here.
Not for those of us who will be checking daily upandan of prices.......

megawealth01:
I don't know why my spirit no gree for am... I met it at 0.70 then but didn't buy

It's a stock mostly for dividend investors.
There are some stocks that doesn't make noise but consistently delivers and appreciate in price over years......

Mcy56:

I blvd UACN will bounce back, more especially that they were done with their loss making arm.
It's just a matter of time.......

UAC-PROP on the other hand has found qualified hands to turn things around for good.
Also a matter of time......

Long termers should just be positioning here.
Not for those of us who will be checking daily upandan of prices.......

Like Japaulians

mumu9gerian:
who can help analyze this result?
http://www.nse.com.ng/Financial_NewsDocs/32253_GUINNESS_NIG_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT_FOR_.pdf

bad

TONY of TRANSCORP don come again ooo.
The type of bids in today's market at N1 and below were massive.
Closed @1.10
So, those saying where will they get money to pay 45% acquisition of OML 17, you dont need to search further......

https://nairametrics.com/2021/01/28/afreximbank-disburses-250-million-to-tnog-to-acquire-45-stake-in-oil-lease/

In another news, CBN released a huge sum of money to TELCOS for purchase of Prepaid Meters.........of which TRANSCORP is also a member.......

https://nairametrics.com/2021/01/27/cbn-lends-discos-n18-5-billion-to-procure-meters/

Too much money! We are watching TRANSCORP.....

megawealth01:
Like Japaulians

Biafran4life:
Thanks,I am not surprised.NB not coming out directly to take over this time.They are using their left hand not to attract too much attention

So does that post mean, Heineken shares might see a good pump due to the latest acquisition

WHO ARE THE NEW SERVICE CHIEFS?
Check them out:

https://nairametrics.com/2021/01/27/who-are-the-new-service-chiefs/

Princkez:
Picked some units of UACN PROPERTY @.80...

Big congrats!

im not satisfied . still need more at 1.90, please can can someone carelessly drop some.

sellydion:
Hope you get enough Caverton!

seyisanya:
Big congrats!

why oooooooo.. gist small