Mankindman:

Only stock that defiled and resist Tinubull is INTBREW
This stock destroy sentiment, TA, FA.
Corruption at it's peak. Yearly Red flags.
About 3 years ago, INTBREW was able to raise N165 billion through the sale of 18.3 billion units of ordinary shares of 50 kobo each at N9.00 per share to its existing shareholders in December 2019, thereafter, the share has been plummeting and sometimes inertia. Nothing to show for the minority shareholders that participated in the rights issue, rather the company report losses upon losses 📉 😢 🤣 😔 😪 😤 📉. Loss + loss=net loss. Year in, year out. No wonder Soludo says The Peter Obi investment in INTBREW worth next to Nothing.
The 18.3 B units that was fully subscribed in Dec 2019 @N9 per unit now worth N72.3B from N165B.
I can beat 💓 my chest and conclude that Mr Time is not in favour of this badly manage company.
Very shameless company, coming out yearly to announce net loss.
Make the majority owners surrender this company to people wey Sabi run brewery business.
Net loss is anti TA, anti FA, anti SA.
I do not know if investors ever read about the company they are putting their money on!
For FTNCOCOA, the news has been there since 2017/18 that some foreign investors wanted to take over the company, this eventually happened.
For JAPAUL, the news has always been there that the majority owner wanted to diversify to mining and bring in foreign partners and investors, For CHAMS, most conservative analysts put the trailing and forward PE above the current Market price.
The graph of INTBREW is nauseating, always return a bad candle and stick patterns.
I haven't seen 2 out of 10 TA experts agreeing on buy, sell, hold.
It looks as if the company doesn't have a product they are selling, while in reality most of their products compete favorably with Guiness and NB products.

yMcy56:
Confusion for OANDO house.....
From full offer @5.21 to 5.74......
From 5.74 back to 5.21......
Make somebody no come and go and get hbp o.

Mpeace:
It hasn't. They will communicate once its done. Read this.
"Completion is subject to regulatory approval and ..."

UkwuAmu:
UBN is going to do a diamond bank. That takeover will still happen let's say by the first quarter of 2022. Volume gradually increasing for those who pay attention . You can buy now or scramble when the information becomes official . Make some money and merry christmas in advance.
No more on this . keep your ears to the ground and do your research . Thanks

Mcy56:
NSE to Change Name Soon, as it Plans to Complete its Demutualisation Process.
The exchange recently in an email message to members, stated it would be holding an Extraordinary General Meeting with members of its council to hold a vote for the demutualisation of the bourse and then after, will list on its exchange.
However, this is part of the demutualisation process which President Buhari signed in 2018.
The demutualisation process would also see the company change its name from the Nigeria Stock Exchange to “Nigeria Stock Exchange PLC“. Members of the exchange are scheduled to vote on March 3rd to convert from a member-owned mutual organization into a public limited-liability company.

*Document removed*

UkwuAmu:


Very good observation @robobo . This brings to mind what happened with IHS and it resulted in my reporting them to SEC na the secretary of the company then One Mr Lawal had to call me and was pleading with me that anytime i come to Lagos, they will host me and all that .
It is also mandatory to them that they make full disclosure to the NSE and uphill this moment , I have not seen any notice either from the NSE nor SEC . What this implies is not making full disclosures and at times like this when foreign investors are trying to come back into the market, regulators would not want to rock the boat . You cannot have a cut off date before an offer is made public . Trust me they won't get away with this one . this is what I read . It said the offer will run from the the 30th of May till the 29th of june . you cant have a cut off date before even qualifying for the offer . It makes no sense and its a ploy to buy cheaply and make the voting easier for themselves . read "Following the successful acquisition of 60 per cent equity stake of Mobil Oil Nigeria Plc by Nipco Investment Limited (NIL) from ExxonMobil Oil Corporation, the company has applied to regulators to acquire additional shares from minority shareholders.

The financial transaction, which is being handled by Cordros Capital and Zenith Capital as financial advisers, has been approved by the Securities and Exchange Commission (SEC).

The company explained at the weekend that the takeover bid is in compliance with Part XII, Section 131(1)(a) of the Investment & Securities Act (ISA) of 2007 and Rule 445 of the SEC’s Rules & Regulations, which requires NIPCO to make a mandatory takeover bid to all the other shareholders of Mobil Nigeria.

The application for the takeover bid opened on May 30 and it is expected to close on June 29, 2017.

“This offer period represents the opportunity for qualifying minority shareholders of Mobil Oil Nigeria Plc, who tender their shares to earn cash consideration of N417.12 per ordinary share tendered at a satisfactory premium in comparison with the current market price of N290, which the shares are being traded on the floor of the NSE last Friday,” the company said."

robobo:




@deruggedprof @UkwuAmu

see punch newspaper monday advert for the MTO stating April 10 (and not April 20 earlier stated by me) as qualifying date

or is there something i am missing?

wld appr8 if u share ur views in light of the attached

thank you

locodemy:
Ukwuamu(middle of pennis).
Happy to see you here today.
pls what is your contribution to this market?

Intendy:
This is to inform all NASD Brokers that a total of 110,000 units of FRIESLAND CAMPINA WAMCO NIGERIA PLC (SDFCWAMCO) valued at 15,400,000 Naira, was executed today at N140 per share as a negotiated crossed deal by Anchor Investment & Securities Limited Please be guided accordingly.

megainvest:


Look at the volume, then you will understand. The journey has just begun.

mercylicious:

any news here.

Born2berich:
Bros, I understand...Funny thing is that nobody observed a hint that peterichy actually posted by chance...He posted that zenth bank was already selling below its IPO value of N10...That's enough to let you know when to take position.... Imagine seeing the likes of GTBANK selling below N13 or so...This was a one time opportunity.. Anyways, I know the truth is bitter but that is the fun of investment.

currentprice:
@ UkwuAmu

how global market today how much investor gain today you forget to update us

the last time i check market, saw FTSE is up, DOW is up by 300 point, Apple is up,, twiter currently doing above 4% and oil is doing the needful above $30

let see how soon we going to see lower price than what we have already saw on dividend paying NSE market

vitaform spreading waiting with pop-corn and sobo drink

Born2berich:
When myself and megainvest was shouting last week that this was a time to buy, people were scared and complaining....Now things have turned around as the bulls are here and many people have missed the opportunity to make over 100% gain in the medium/long term this year...it is well...February is another opportunity but don't expect to see some cheap prices again.

manie:
Market is currently bloody, one can buy the whole of Skye Bank for about N15 billion which is about the cost of 30 average houses on Banana Island.

Buy the whole of FBNH for about N130 billion.

Buy the whole of UACN and her subsidiaries like CAPL, UPDC, Grand cereals, Livestock feeds, Portland paints, UAC foods etc for N33 billion.

Buy the whole of UAC property and their real-estate portfolio all over the country for just N8.5 billion.

These are definitely interesting times.

I have lost money, but I pray this trend will continue till the end of this quarter.

soloniger:
but the volumes traded this while are not much considering the foreign portfolio holdings, can recall the sale about 86, 000 units of dangcem moving its price 4% down, thanks for your response as I am learning

soloniger:
my question is who is buying now?

logica:
I am everything your FATHER isn't; logical. But my name is "logica"; or are you also dyslexic like your FATHER?

logica:
No, it's you sticking your head up your mother's stinking cvnt. Continue quoting me for more details.

logica:
No, it's you sticking your head up your mother's stinking kitten. Continue quoting me for more details.

logica:
I will advise you not to quote me again. Very nasty things could happen.

logica:
LMAO. OK, now that r@pe charge is not sticking, next is "he cheated on his wife". M0r0ns don't ever quit even when they are ahead.

TonyeBarcanista:

Now you are resorting to insult and baseless accusation of me. Suit yourself man..