₦airaland Forum

When you are chilling and waiting for Flour mills to open 10% up

longlife20:
http://www.nse.com.ng/Financial_NewsDocs/25881_STERLING_BANK_PLC._FINANCIAL_STATEMENTS_APRIL_2019.pdf

What are they pricing N2.74 here

With this demand power CHAMS is sure to cross 0.50k and sellers are bound to come in.

stcool:
Let me buy Flour mills first I cant shout...

Ogas here dey vex

I fear who no fear Nairaland NSE trader...

Flour mills soon go on full bid. We would all ride to N26 with DF

Let me buy Flour mills first I cant shout...

Ogas here dey vex

https://businessday.ng/exclusives/article/olam-stirs-competition-with-n130bn-offer-for-dangote-flour-mills/

It is possible that the owner prefers to finance the ongoing refinery through equity rather than raising debt,” he said.

According to Gbolahan, it is going to be a win-win situation for the shareholders of Dangote Flour Mills.

This translates to a payment of N26.00 per share, subject to adjustments for networking capital and net debt as at March 31, 2019. The offer comes at a premium of NGN15.30 per share based on its closing price of N10.70 as at 18 April, 2019. The transaction is to be executed through a Scheme of Arrangement and is subject to the approval of the Federal High Court, shareholders, regulators, among others.

2 Million Naira... and yet No video coverage

You can be prosecuted for this! Your village people get upper hand, op.

By the way how much did she contribute.... See your life

Godlylifeoneart:
The ceveat in olam deal and proposal excludes net debt
if olam insist on delisting and buying at bargain price at d close of d deal,then minority shareholders are in for a big aaahhhhhh
coz olam is dodging dfm debts at outstanding shares of 5 billion units and offering price of130 billion NGN


130,000,000,000/5,000,000,000 =N26

IF DEBT IS DEDUCTED(TOTAL LIABILITIES AS AT TODAY) I.E 86 BILION NGN
DOES THAT MEANS OLAM WILL BE PAYING TOTAL OF N44B NGN I.E AT 8.8 NGN

HOUSE .....OVER TO YOU FOR COMMENT

My brother forget this analysis for now... If you see DF buy... Shekena
All this calculation Aliko Don do am, they are going to pay N26.

How far with all our Diamond bank analysis

Godlylifeoneart:
@kolash.....the most incapacitated,really sick and in ICU in Nigeria is wapco aka lafarage
every 6 months right issues
go for this company since you are looking for a sick company....lol

Dangote cement might just absorbed them by 2020/21, as rightly said,Alhaji detests competition
he might just do them the OLAM ...distress seller,bargain buyer

You are not far from the truth... But this one fit reach 2023 but it is bound to happen someday.


This money Aliko is going to cash out is certainly going into somewhere! Meanwhile the last biz Oga will sell is his Sugar business.

Aboki no dey use sugar play normally!

dipoolowoo:
You May Consider Buying These Stocks This Week
https://businesspost.ng/2019/04/23/you-may-consider-buying-these-stocks-this-week/

Olams Offers to Acquire Dangote Flour for N130bn
https://businesspost.ng/2019/04/23/olam-offers-to-acquire-dangote-flour-for-n130bn/

Zenith Bank Redeems $500m Eurobond From Cash Reserves
https://businesspost.ng/2019/04/23/zenith-bank-redeems-500m-eurobond-from-cash-reserves/

The way meristem put a buy on almost everything in that table you will think we are in a serious Bull season...

stcool:
The way Market will rush Flourmill tomorrow...nse will not kee me

Many oga's done ready their account

Reality is if DF is going to N26...Flourmills is going to N30-N40
I am going into Flourmill tomorrow with full force, note I don't have any shares in Flourmill so I don't want to hear you deceived newbies to buy. We would all keep bidding until we buy

DD advised... Flour biz in Nigeria is a battle between the Greeks & Indians.

The way Market will rush Flourmill tomorrow...nse will not kee me

Many oga's done ready their account

Reality is if DF is going to N26...Flourmills is going to N30-N40
I am going into Flourmill tomorrow with full force, note I don't have any shares in Flourmill so I don't want to hear you deceived newbies to buy. We would all keep bidding until we buy

I am just thinking that this Next Level we would have more buyouts than real stock price growth from a growing economy...

I expect to see more of this in the coming months/years... Buyouts and subsequent delisting is not a good thing for our market.

To think people are blaming MTN for listing on the NYSE.

Princkez:
bros i'm sorry about that, i believe something better Will still come your way

What is better and what can be better... Let everyone pour their hearts out. This one is too much

That is how they want to push CHAMS to 50k or even N1.00

Why is Guinness down 10% this morning any news?

maishai:
I just finished listening to fidelity conference call and okonkwo(ceo), highlighted that definitely 2019 they will start to implement their new 30% dividend payout, they only changed their mind last minute for reasons best known to them( they want better books)..........

Fidelity is definitely back in my radar anticipating next earning season....waiting @ #1.10 junction

After everything you head at conference call, you still want to buy at that price. Fear God my brother!

swilo:
After the demise of Diamond bank... The 3 musketeers analogy seems not to be realisable. There are just 2 lonely brothers struggling to make a point in this arid landscape.

I am just expecting news that Sterling bank plans to buy Access bank or Union bank ..

More of a news about an FDI in Sterling bank maybe @N2.00-2.50 would not be a surprise going forward.

Now N2.74...my people news is coming on Sterling

NSE is nothing but a pot of beans...

Is it not the same Sterling bank that almost fell below N1.00, and someone kept mopping it up at N1.00 last year that is now trading @N2.65 above Fidelity and FCMB.

Ok o, God dey and na dem go tire!

Make una leave the Naira where e dey...

You want to float the Naira so that one hedge fund and their trading robot will send the Naira into bottomless pit... Free float will not work here and can never be a solution.

Even ecb and boe dey hear am sometimes with slight negative news, as good as UK economy, see how they are trading the gbp due to brexit. I could remember when ecb removed the peg on eur:chf the plunge in the market caused even big brokers to close shop. Some people became millionaires in $ too.

Abeg o, leave the Naira to rest, even China still controls their exchange rate who are we to free float.

NEXT LEVEL has not even started and the economy is already slipping...4+4

This forum go soon enter ghost mode. After I take fidelity dividend na to enter house...the rain coming - oh Lord

STOjo:
Please tell me why you are making Fidelity (60) and Zenith (30). What do you see in there. I want to know if I feel follow you. I dey inside dat bus and already thinking of bailing out........

Fidelity - growth
Zenith - Stability/divdend
Lafarge - Risk

Krisuba:
Is UBA likely to fall more. I sold my fidelity n went into Uba now am lesser than what I was because of their useless 65 kobo]

E be like say this Oga just buy form for 2019/20 session from head office

Meanwhile I don't think we should be in hurry to exit any stock this year, unless you intend to come back in November or in an emergency. After dividend season prices could really go low, except for few...just stay prepared.

Princkez:
i offloaded @2.29 and re-entered @1.80...waiting to collect 11k

Nice... For me any panic sell off I see at a good bargain I will add

Waiting for Fidelity bank dividend closure and Q1 result...thanks to those that offloaded at below N2.00 last week, I entered at very good bargain for dividend.


Meanwhile markdown is an opportunity to increase my position. Fidelity(60) Lafarge(10) and Zenith(30) are my focus for 2019.

OBAGADAFFI:
I just hope Access remains stable after this deal.

Access has never paid N1 dividend, yet they are paying Diamond N1.

Wetin be my own self, make I chop my N1 jeje.

The way they are dumping this Access...N3.50 - N4.00 may be the only price that can make sense.The need to raise fresh capital is making insiders dump the stock.

NSE wicked..so they gave Diamond shareholders N1, now brokers are taking their own from the stock market.

Access Shellholders are the biggest losers.

Nigeria's Oando aims to raise fresh capital, cut debt -CEO

No Shame in their eyes.


https://af.reuters.com/article/nigeriaNews/idAFL8N21L31F?feedType=RSS&feedName=nigeriaNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FAfricaNigeriaNews+%28News+%2F+Africa+%2F+Nigeria+News%29

https://af.reuters.com/article/nigeriaNews/idAFL8N21L31F?feedType=RSS&feedName=nigeriaNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FAfricaNigeriaNews+%28News+%2F+Africa+%2F+Nigeria+News%29

Kashif:
I don't think anything will be stopping me from loading up some Fidelity tomorrow.....

The stock is sitting inside my buy range, I loaded it today even thought will close below 1.80 make I add more tomorrow

Half loaded Fidelity Bank.... More to go.

Do your DD.