₦airaland Forum

Sunrisepebble:
I’m hearing Wapco will be acquired by a Chinese company

*NFA/ DYOR

Nigeria operation (Lafarge Africa) or Global operation (Lafarge Holcim)?

Xidget:
#Observation

Most FA investors advised people to sell banks stocks 2months ago when price was low because of dilution from recapitalisation. And buy back at Q1 2025 when it will become cheaper.

Same people are encouraging people to buy now that price is high. Now, I am wondering, does the dilution not matter anymore?

Sense no go kill uuuuuu. lollllllllllll

yMcy56:
Better make you no start the vawulence.......lol. 😁

There seems to be some kind of coded accumulations while the stock is still on "quiet" mode for now.......

Meanwhile, more heavy cross deals continues in JAPAUL......
Someone will not see all these heavy cross deals now, when the stock starts moving, they'll be quick to tag it MH.....

u sure say no be binocular you dey use?? ?? ?? ??

megawealth01:
Wale seems to be doing his thing quietly but make I no talk wetin I observe before here go turn VAWULENCE by both pretenders and contenders

hmmmmmm. u dey see am abi?? ?? ?? ??

ololufemi:
I even thought it was one former Oga in KPMG that was buying the stocks to merge "Tantalizers" with "The Place". I no even know say na some other Ogbologbo finance guys dey do the deals codedly.

One thing I have learnt in this global spectrum is that if Nokia was once a company that owned a paper mill, then Rokana making toothbrush can become an Oil and Gas conglomerate tomorrow. 🤔

Deep

ololufemi:
My Sunrisepebble brother, when the sun rises to midday, all shadows of doubt cast on WAPCO PLC will disappear stealthy with alacrity. 😎

Funny thing is that the stock dey play twinning with Zenith PLC. Make we see what's up with the two.

Perceptive

ositadima1:
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Appreciated. Noted.

ositadima1:
Market Wizards series .

Hello Chief, Please do you have soft copy of attached which you can oblige?

Agbalowomeri:
Wait for the next suspension

lollllllllllllllllllllllllllllllllllllll

wicked man

mikeapollo:
Oando already took some loans in 2024. Their ability to manage and pull through 2024 is even a surprise to many. But the interest finance costs is becoming a huge drain on the profits.

The debt raise (bond) is to pay down on some of the expensive loans procured earlier in the year to close the ENI deal (check the notes to AFS 2023)

yMcy56:
All offers at days low mopped up
You can sell if you think your BP is rising nah.
OANDO is coming for fund raising, we don't know at what price yet but there may be pumping when the time is coming near......
Not any form of certainty that there'll be pumping but highly likely once the price is determined....
Again, not still sure of the means of fund raising, may be in form of Bond or equity.

the 2023 AFS stated that they intend to wrap up bond in Q4 2024 ( i doubt if this is possible again) then thereafter follow up with equity

meaning they are looking at maybe H2 2025 or early 2026 for the equity part (when some result reflecting ENI's purchase would have reflected in result).

Raider76:
Great analysis.

(i) and (ii) will also show whether the management and the company are turning new page as many of us are hoping.

dont count on it as a sign of change , i would rather say it is because of the debt raise

Raider76:
Guess what will be price of Oando in April 2025 if (i) Q3 2024 is disappointing (ii) no Q4 2024 results (iii) no talk of dividend, (iv) no new acquisitions.

The probability of i and ii is very low say 20% because of debt/bond it want to raise within same period and the negative effect of such on the raise

The probability of iii is 100%. nobody should count on dividend until the debt raise is concluded, effectively meaning no dividend in 2015

IV would depend on the success of the debt raise. If successful, you can be rest assured there wld be acquisition as it heads into 2016. If not successful then i struggle to see where payment for any acquisition wld come from

KarlTom:
Something is brewing could mean anything...

I am not denying the shambolic management issues.
Don't you think it is abnormal [and unusual] for such a company to undertake such kindergarten PR stunt ?

Anyway, my ears are on the ground...

My Oga i hear youuuuuuuuuuuuuuuuuuuuuu

you dont need to go far, all that is brewing is the debt/ bond OJT want to raise and hence he cannot afford any negative publicity until that is bedded. I am also positive the debt/bond is coming from outside the country (given his antecedent which would make local be quite wary and the size >500b/1 trillion) hence he is on overdrive for good publicity

KarlTom:
Something is brewing in OandO.

This media hype is quite unusual...

my broda dont be deceived nothing is brewing

it is all white washing instead of being focus on top notch corporate governance

Raider76:
Is it possible the most recent suspension has infuriated them so much they have resorted to sending out threats of delisting?

there is a possibility, so it cant be ruled out

Sunrisepebble:
🤣🤣🤣

laugh wan injure me

why are people like this?? ?? ?? ??

instead of OJT to just do the needful by being straight (with other stakeholders) with a clear communication, he is resorting to whitewashing to cover a questionable behaviours.

for me its only a sign that he has not learnt anything with his nearly a decade near oblivion

megawealth01:
The issue isn't dead yet

How can the issue be dead when the case had not either been thrown out by the court or withdrawn by the petitioners?

BabsO2:
The capital raise is a forced one by CBN. I hail uncle T. He has safeguarded shareholders from undue dilution from a low priced offer as best as he can.

This is the good side to it if it can be pulled off.

Whether retail pick it up or the deep pockets i think it shouldn't matter.

sophy17:
The higher the RI price the better for the consequential OS. Which is good for all parties going forward.
The fund to achieve and defend the higher RI price is cheaper and better than having a lower RI price and it will be recouped from the SP at the right time. This is my calculation of what is currently happening.

I blame regulator for this happenings. If they were actually correct on the reasons for the share capital raise for banks, then they ought to change or increase it even now cos the raise was based on a $ at N700.
Now we are at N1700+ to a $.

I know the format mentioned which allows for consolidation of grip on the coy (more so it help avoid the ote£ wahala)

The regulator goofed by excluding retained earnings in its calculation and i think that is what d big boys are reacting to by ensuring they are the ones picking up the RI themselves otherwise it would mean making them vulnerable to hostile takeovers.

Conclusively and in hindsight, this might be d aim of the reg and they are thwarting it without roforofo fight.

Cunny man die cunny man bury am

GeeKudi:
Yeah. Looks like there is are deliberate efforts by some forces to frustrate this. It's so massive.

he must have spent over 20bn since about 3 weeks ago when they started pushing from 24/25

i just dey feel sorry for am

the tin no easy

GeeKudi:
I think there is a serious battle going on for the soul of UBA. That thing is struggling for balance between two very strong opposing forces.

He go hard for Tony to maintain the 35 price, although he meant well because the price (35) would allow for less dilution.

but the thing hard no be small

BullBearMkt:
Very correct! This can lead to oversupply and drag down oil price. That is where OPEC comes in to regulate production.

i dont think Opec would regulate any price in the event of more production from other players instead i see Opec opening the tap much more to force price further down till pain set in for everybody.

we might be in for trouble considering our current state and what further downward price of oil would mean for our finance

Piss done dey catch me self

Xidget:
They will only come at 2.30pm and close it at #35 or #36. They won't need to buy that much

ok oooo. it just loooking like mount everest to me

hmmmmmm

this UBA packer get work to do oooooooooo

to maintain RI price hin go need to pack 70m units today only

i dey watch

[quote author=Bagwa post=132750433][/quote]Thank you

Sunrisepebble:
Wow, was not expecting it tonight

I beg ooo the thing no open

I beg if he open for ur side help paste

emmanuelewumi:
That is the destination

i kind of agree from a devaluation repricing perspective but it is looking far fetched with the gloomy economic outlook (near time), so i am thinking it might still take some time before it materializes (12-24 months). although a total dividend payout of N6-8 (for 1-2 years continuously) might help the cause

emmanuelewumi:
GTB and Zenith at N100 and above, it will happen just keep on buying

hmmmmmmmmmmmm

Sunrisepebble:
UBA RI #35. Explains the recent volumes

is the prospectus out?

megawealth01:
Yes oooooo. Make it louder

Highest decibel pleaseeeeeeeee

[quote author=Harvestock01 post=132729339][/quote]Why would anyone be hunting monkeys when the elephant is there for the taking? Gwo gwo gwo ngwo

this one off me patapata. Monkey ; Elephant

nibo latun jasi bayiiiii.

na where we con land soooo?


make una no injure person for this platform oooo