₦airaland Forum

stcool:
Eku market o!

Una dey clear NB and IB

With frustration and anger caused by APC...cheeers to more drinking

Oga longest time.you are welcome back

yMcy56:
ZENITH
Touched 22 earlier.........pulled back and again moving up.......sighted @21.90

GTCO
KM 20 looks closer earlier.........let's see if it will dodge Agba's hammer.....lol. Agba no mind me o, thks for posting the inverted hammer info. Hope to see more of those Technicals.

Sighted international brews on full bid at 4.65.
What is pushing it

locodemy:
You really earn my respect.
I remembered when rice was selling for 28k and you alerted us of hunger and inflation.Today I don't believe what my eyes is seeing.

The way I am seeing this USD vs Naira, it gonna reach 415 as you said.

I can also see the rally for stocks will be awful

So you think the name ORACLE na just for mouth.Na by Merit .My Oga anytime this baba talk please no carry am play

If i no happen now just wait i go still come to pass.i don't joke with his analysis and predictions.i am one of his disciples.

Agbalowomeri:
Make una check on Pa Ewumi o

Big boss,you can see he is doing great

Agbalowomeri:
The scarcity is still there and until it is out, we will still have to deal with scarce supply

On point

Ades1:
Na so Wapco put me for long thing? No wonder everyone selling like no man business. Mumu company

thesilentone:
Happy birthday OGG @onegentleguy

Happy Birthday OGG,Many More Beautiful Years Ahead.

Agbalowomeri:
Flood has sacked his village

PETERiCHY:
In the month of MAY when most of us left the market both GTB and Zenith were trading @ circa N25 today what are their current prices

We don't need a sooth sayer to tell us that elections is around the corner and presidential elections in Africa is always a do or die affair.

So let's learn to be proactive in our dealings and stop blaming village people for our misfortunes.

A stitch in time saves nine.

base on fundamentals... most Companys on nse are ok in my opinion so no shaken but am expecting market to fall more technically. next nseindex to watch is around 47,000. if broken, final destination around 41,000.

good thing is some stock may not follow the index down because they have done much falling ahead of the index already. I expect gtco to touch new low and zenith 17

Currentprice.


Short term, it can cause stock market to decline.

However further increase in inflation outlook globally will not be met with further interest rate hikes and it is at this point that people rush into stocks since they will be cheaper (dividend-wise).

I remain long term bullish select equities.

Oracle

Bargain Hunter Take Note.

RabbiDoracle:
With UK starting printing to buy back the bonds that are being mauled, this will cause serious depreciation in GBPUSD pair.

EU bond would start to get mauled as investors sell them off forcing ECB to start buying back their bonds ( QE).

Lastly, US will be forced to follow suit with QE because there are tons of leveraged loans in US financial system that can crush global financial system.

Great British Peso falls, EU ruble falls and United States Drachma follows.

This sends all of the Western world (developed markets) into a severe inflationary depression if China continues to lockdown and don't open up.

Solution:

Engage China, Russia and the Middle Eastern rich countries and plead with them for mercy.

Because without the rest of the world buying your bonds, you can't function. Without the rest of the world investing in your debts, these DMs can't have funds to run their economies. It is just a stack of debts.

This financial problem is x100 bigger than that Ukraine war. It can't be imagined.

Thanks my Oga.I really appreciate
Long term bullish is the game and go for selected good dividends paying stock.bargain Hunters take note.

pluto09:
MPR increased to 15.5%
This is no good news for NSE.

I am looking forward to hear what Oracle,OGG,agba etc have to say over this and how it will affect our market.

RabbiDoracle:
NSE needs a wild ride up.

Note: when all EMs start riding wildly up, enjoy the ride but know when to alight.

Good to hear this from my Oga.

yok:
STOCK SIGNALS FOR 30 AUG 2022
Nigeria All Share Index still in a range, this market need a big catalyst. The bearish trend is becoming boring and gives a lot of concern. We should continue to exercise extreme caution at this stage. For stocks that are falling, getting a support that will hold immediately price hits that support may be a mirage.

We have no pick for the day, no stock has any outstanding quality of showing an uptrend at the moment.

*STOCKS WITH STABLE PRICES*:FCMB, DANGSUG,........ , FBNH, xxxxxx, xxxx XXXX,.........

Scanning the market this morning, so many stocks are still showing tendency to go down further. Thus, I can see why the forum is quiet and I can feel for those who have suffered losses in this market. This is a period we have to endure!!!

Last week we saw a third consecutive rise in bill interest rates at the primary auction.

This consistent rate hike amidst tight system liquidity may hinder much anticipated market rally from half-year results and interim dividend announcements.

However the absence of a rally is an opportunity for entry into dividend paying stocks at low prices.

Dum20:
I do not claim to be an expect, I am just sharing my observations.

The bear of November comes after the peak of September/ October.

In a way we are saying the same thing.

From the way I am seeing things nothing is working as it use to happen before.we might not see all this things happening again.things are getting worst everyday (inflation and recession)

RabbiDoracle:
F.E.A.R. has two meanings: ‘Forget Everything And Run' or ‘Face Everything And Rise.'
The choice is yours.

~Zig Ziglar

Bargain Hunters Take Note

yMcy56:
Any link to this pls?

Closing date is supposed to be 26th as seen clearly on the form.
FMN sent notification to NGX on 29th July while the letter issued by Honeywell to confirm the MTO was dated 11th August........so how could the closing date have been 4th Aug
Just needed more clarification on this.

@slimdove , the thing is that they may end up taking a smaller fraction of whatever units you tendered, depending on their qualified investors criteria.......because a lot of tender may be received.

Thanks

Ibrahim505:
QD was 04/08/2022

Thanks

[quote author=yMcy56 post=115605470]MANDATORY TAKE OVER OFFER (MTO) TO HONEYWELL SHAREHOLDERS
Opening Date: 5th August, 2022
Closing Date: 26th August, 2022
Offer price: N4.20k
Contact your broker for a copy of the form if interested....

Please I needed more explanation on this:

If I buy today and contact my stockbrokers will i be a beneficial of this MTO

RabbiDoracle:
F.E.A.R. has two meanings: ‘Forget Everything And Run' or ‘Face Everything And Rise.'
The choice is yours.

~Zig Ziglar

Marketapprentic:
INTERNATIONAL BREWERIES

Transcorps on full bid @1.12

RabbiDoracle:
As prices fall to your level, buy more if you have done your due diligence. This will be an opportunity of a lifetime.

Enjoy the big dividends while you prepare for the launch.

We have seen this before.

Goodluck!

quote author=Agbalowomeri post=112544426]ASI crosses 50K first time in 14 years
Next resistance 65k-67k
Enjoy the long ride and prepare for the next crash
On all time frames, we are swimming above the Ichimoku clouds (ASI)
The journey may go faster than expected

Eyes on Brent[/quote]So nothing has changed,the index dropin to 49+ we should not panic and sell but to buy more if you have spare cash.
So there is no fire in Katanga in peterich voice or just a shake out of the weak hand.i can't even sell now because I have lose so much money.

yMcy56:
Agba's post on GT in May 05, 2021.......
Such a long period......
So, Oga Agba, GTCo touched 19.80 today, should we expect reversal up from the 19.80 anytime from now or what's the next support.....

One other Oga too mentioned 19.80, think @thesilentone, Oya o, make Una come tell us the next on TA....

I remembered na Oracle said once GTCO touch 19.80 or less that we should be expecting a parbolic ride to around 30 or more.

Mpeace:
Mtn will end the day on full offer.

International breweries on full offer at #5

yMcy56:
E Ku Market ooo.
No be small thing......to even post now get as e be.

Anyway, GTCO is now looking more of accumulation than dumping...... someone else may be seeing dumping, but na accumulation I dey see now......I could be wrong...
AIRTEL Sighted in the 2k region, trading above 2000 intraday........wonder why MTNN is not moving along yet...
NB PLC.....quite a lot of cross deals @49.75 today again......
UACN...... getting some attention......
FBNH MM or broker.....doing a good defensive job....

In another news, BUACEM don pay Dividend today...

International brewery @ 4.95
Abi some people don veiw result somehow

Mpeace:
You are lucky, you got something and it vanished. I got nothing at all.
But your bank and Meristem just handed you an opportunity to make some millions.
No bank has the power to unilaterally reverse transactions or withdraw money from any customer's account without the consent of the said customer. If you sue, yo go win, and you go win big.

I have recieved mine .you can reach them with this number and know what is holding yours. 012809251 direct line.

onegentleguy:
I just published an article with the title:

"INTL BREWERIES: SETTLING THE ANAMBRA DEBATE"

...an in-depth analysis, review and follow-up inference on the debate surrounding the Anambra state govt "adventure" in international breweries Nig Plc; What you should know!

It's published on booksie, the U.K blog, medium and the personal finance section of some select Nigerian dailies.
You may wish to read through by using the link below.

https://www.booksie.com/675166-intl-breweries-settling-the-anambra-debate

Regards.

INTERNATIONAL BREWERIES ON FULL BID
wahala for those that drink beer everyday and fail to buy the stock when it was called out here.
Thanks to some of our ogas' OGG and Oracle for all their analysis.
Oracle said this year will favour brewery and OGG said buying international brewery at anying #5+ is like buying a bottle of malt (#250) at #30.

Toluway:
Agreed, I'm an illiterate.

To think I will see GTCO at 20.40 again for no reason except foreign investors’ pullback. That’s one good entry opportunity.

Zenith looks great at 21.80 too.

MTN should behave and come within range, 220 isn’t so bad.

WAPCO at 26 is mouth watering.

STANBIC shouldn’t act so tough, 29 is where we need it to be at this time.

Do you see NGX too? 22.20? �

Consumers should act accordingly and slide down for a bit - Flourmill, Nestle, Cadbury, BUAFOODS.

Please look out and take these opportunities as they come.

Mpeace:
Meristem are not so efficient in handling such a big company like FBNH. First registrars were doing a wonderful job, and had more branches across the country.

Still waiting to get alert of FBNH dividends

I got this message from one of my stockbrokers



We are pleased to inform you that the Dangote Industries Funding PLC (the “Issuer”) Series 1 Bond offer comprising of Tranche A – 7-year and Tranche B – 10-year, Fixed Rate Senior Unsecured Bonds, under its NGN300 billion Debt Issuance Programme (the “Offer”) is NOW OPEN and scheduled to close on Thursday, 30 June 2022. The Issuer is a funding vehicle incorporated by Dangote Industries Limited (“Dangote Industries”, “DIL” or the “Sponsor”) to access the domestic capital market.



Dangote Industries is one of the leading, diversified and fully integrated conglomerate with operations in Nigeria and Africa with 11 distinct business lines across a wide range of industries, including cement, sugar, salt, condiments, packaging, energy, fertiliser and petrochemicals.



DIL is currently rated AA+ by GCR and AA (ngr) by Fitch Ratings, and plans to utilise the net proceeds from the Series 1 bond issuance to part-finance the Dangote Petroleum Refinery Project which is currently scheduled to commence operations in the first half of 2023.



The price guidance for the Series 1 bonds are 12.25% – 12.75% and 13.00% – 13.50% for the Tranche A, and B bonds respectively.



Other indicative terms of the Offer are as presented below:


Issuer

Dangote Industries Funding PLC

Sponsor

Dangote Industries Limited

Co-Obligors

Dangote Oil Refining Company Limited and Dangote Fertiliser Limited

Programme Size

NGN300 billion

Issue Size

Up to NGN150 billion across both tranches (with the option to upsize up to the programme limit of NGN300 billion)

Issue Description

Series 1 Fixed Rate Senior Unsecured Bonds

Joint Issuing House

FCMB Capital Markets Limited

Issuer Rating

AA+ (GCR); AA (ngr) (Fitch)

Issue Rating

AA+ (GCR); AA (ngr) (Fitch)

Tranche

A

B

Tenors

7 Years

10 Years

Pricing Range

12.25% - 12.75%

13.00% - 13.50%

Maturity Date

[?] 2029

[?] 2032

Offer Open

Thursday, 23 June 2022

Offer Close

Thursday, 30 June 2022

Par Value / Issue Price

NGN1,000 per unit/100% of Par Value

Offer Mode

Offer for Subscription via Book Build

Coupon Basis

Semi-annual, Fixed Rate

Units of Sale

Minimum of NGN10,000,000 (10,000 units at NGN1,000/unit) and multiples of NGN1,000 thereafter

Redemption / Payment Basis

Bullet repayment

Relationship between the Issuer and Sponsor

The Issuer is incorporated as a wholly owned subsidiary of the Sponsor

Listing

FMDQ Securities Exchange Limited and/or Nigerian Exchange Limited

Use of Proceeds

Part-financing of the Dangote Petroleum Refinery Project



For more information, please refer to the documents listed below, which can be accessed through this link



Shelf Prospectus
Programme Trust Deed
Deed of Undertaking
Series 1 Red Herring Tranche A and B Pricing Supplements
Series 1 Tranche A and B Trust Deeds
Valid PenCom Compliance Certificate
GCR Issue and Issuer Rating Reports
Fitch’s Ratings Report
Audited Financial Statements (2016 to 2021)
Commitment Forms for Tranche A and B
HNI Declaration Form

OBAGADAFFI:
Jumped out of Oando with my 30%.

I got this message from one of my stockbrokers

Oando PLC Announces Outcome of Petition Filed by Minority Shareholders

Oando Plc released a circular on June 22, 2021 stating that the company's shares faces the risk of being delisted from the NGX.

Summary of the circular.

Minority shareholders of Oando plc petitioned the court in 2021, for Ocean and Oil Development Partners limited (OODP) to acquire their share holdings of 42.63% from Oando Plc.
The court ruled in the Minority shareholder’s favour.

OODP currently holds 57.37% of Oando shares and if this shares acquisition takes place, OODP will hold the entire shares of Oando Plc. And the implication of this is that Oando shares will be voluntarily delisted from the NGX and will no longer be available for trading.

However, this is still subject to votes by existing shareholders.
With this information, we would advice our investors to be on the lookout on their holdings in Oando Plc as the share price has started declining following the circular

yMcy56:
FBNH
Sighted @ days high N10.10!

Where's that Oga that wants to dump his kaya @8.25 or so??
Oya calculate the extra on top and bring for thanksgiving.

UCAP chopping cane on the other hand...... why nah?
So also ZENITH.........quite some volume @21.90......


ZENITH closed @21.70........do these guys know what we don't know yet??

Mpeace:
Meristem have not started well on FBNH dividend payout. I havent gotten mine, some people got yesterday, some early this morning, and others yet to get. They should have offered an explanation or apology by now for their inefficiency.

Nobi small things,when you call them,they can not give a definite time they think your should be expecting your payment.they will be sitting on the fence.