₦airaland Forum

wanaj0:
I hope you know the owner of PRIMROSE?

Also curious to know boss.....
Planned to check it out online later......
Hope the guy is not planning to take over the affairs of the bank in future.........

FCMB
Director's Dealings ........
* Primrose Investment Limited has been acquiring stakes in FCMB since last year........
* No disclosure yet on the previous huge deals @3.75.....
* We'll know the Oga and the motive behind this as time goes on....

https://doclib.ngxgroup.com/Financial_NewsDocs/66_FCMB_-_Notification_to_NSE_of_purchase_of_shares_by_related_Party_-_FCMB_Trustees_ltd_FCMB_ESOP.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/66_FCMB_-_Notification_to_NSE_of_purchase_of_shares_by_related_Party_-_Primrose_Investments_Limited.pdf

sellydion:
The question is can WEMA defend this position?

If yes! wonder will never end ? It could suggest there is more upside for F&F

Oga Sellly welcome back.

WEMA should be able to defend it I think.....

A stock selling below N1 paying dividend of 0.08k if we take it back to pre-reconstruction time, 100% dividend payout..........post-reconstruction 0.24k.....not bad if they can maintain and improve on the performance I think.

Mpeace:
Wema is just preparing to raise cash from the market. After that, we know the real cost.

Would have helped some people's ministry in the process.....
That's like N1.28 pre-reconstruction........
MM may push it to N1.50 the way it's going........that's N4.50....

VITAFOAM: Eventually obeyed the N25 call today....
Blvd that Oga can see and confirm it.....
If to say I bet, I for won today.......

WEMA: 3.85......
FIDELITY: 3.70....
FCMB: 3.65.....
WEMA ahead of the F & F!! Wonders of the century.......

***

petaling:
Oga @Wanaj0. My respect. Imagine ascribing newbie to a founding member. Please suggest any fine I must pay to appease the god.

On his behalf, you're to part with 50k units of SEPLAT and a paltry 500k units of the NEM in contention........
If you don't have NEM cos you warned him against the stock, convert to cash and bring all to me so I can appease him on your behalf.......don't come and go and waste time o.

Lol. Una no go fit intimidate me for this forum.......
Reading thru few out of the massive profile he must have gotten and the "testimonies", I can categorically say that an amateur like me is not fit to be in same space with those ogàs.......but I think it's a privilege to be able to also post where they equally do.

You did well btw. Think it's another way to again remind us of "Who's Who" in this forum and the Investment Space.
We have quite some other ogas here and we're supposed to be spreading red carpets for them whenever we see them here.

BREWERIES are vexing.....

WEMA: Hostile take over from FIDE/FCMB ongoing...... currently sighted @3.60........

BANKING: Relaxing for other sectors to also shine....

LEARN AFRICA: Full bid @2.14........
ACADEMY: Full bid @1.60.........
MCNICHOLS: Full bid @77k......... illiquidity is one major issue here......
NB: Full bid @62.80.....

OANDO: Full offer, MM can't be trusted here, they may perform magic anytime.........Jijoists also on standby here for another possible ride.....

VITAFOAM: Touched 26 earlier.........reversed back to circa 23 and inching up gradually from there......

WEMA: 3.51...
FIDELITY: 3.69....
FCMB: 3.65......

dpacificheraclx:
You mean TOTAL ma??
OGG has been well outspoken about that company.

It's INTBREW
Back to profit........
Cheaper in it's sector.......
Waiting for Mr. Market and Mr. Time to do justice to it......
This is what Q1 looks like.....

ACCESSCORP:


NAHCO: Sighted @6.50!!

E Ku Market o.

OKOMU, PRESCO,DANGCEM doing well in market.....

OKOMU: Full bid @161.70......
CADBURY: Full bid @11.25......
CHAMS: Full bid @23k.....
FIDSON: Full bid @8.96....

There's one stock that has been mentioned severally here by Oga OGG, bids building there and some people are still looking away, has high potential of delivering more than 50% to the patient ones, cheapest in it's sector.......we'll see how Mr. Market handles it as time goes on.......

goldendessy:
Please between morgan capital and stanbic stock brockers, which is best to trade with

Both......
Depending on some personal factors though....
Factors such as: Your pocket size, investment goals or objectives, etc. Na Wetin I fit remember now be that.
Stanbic is a big man's broker while Morgan accommodates small, medium and large investor categories.

lexy2lexy:
Does anyone know if Presco PLC has released 2021 audited statements or 1Q2022 results?

Not yet

petaling:
COVID outbreak was first discovered in China in 2019 before it took global dimension in 2020. This means when Covid was reported in China 2019, it affected the operation of only OANDO sparing other companies.

Chai!! OANDO don suffer for una hands.

Instead of giving excuses, they should have just told us not to expect fantastic result but that it'll be getting better as oil price is going up globally now.
No serious investor is expecting any better one before......na jijoists just dey have nice time there.

One thing is, we should not be surprised if they keep pushing it, this market can be funny sometimes...

Wapgod:
.I feel you can buy it if you want the dividends and bonus shares but don't hold the stock for the long term(Take profit as soon you can).
It's a short-term buy.

Honestly, this MCNICHOLS is one stock I've sighted a long time ago (just like MEYER when GTL was buying huge stake in it).... but the illiquidity and apathy towards it won't allow me mention it........even if I mention it, it will be MH to NSEMPAs, especially if it stayed in one spot for many months/yrs.
It's a stock with a good future prospect.....but which has been neglected so much......
I must confess that I stopped following it when all it does was ranging in the market.......so I don't know what the financials are currently saying...
Not trying to prove anything or say anything o. Not any form of advice either.........at owner's risk ni.

Bature1:
.

Maybe it was the mail prepared ahead for 2020 FYE. Lol.
Anyone expecting 2019 FYE to be good before is on a long thing.
OANDO na sure JIJO stock in NSE for now.

MORE Q1
https://doclib.ngxgroup.com/Financial_NewsDocs/35948_CHAMS_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_2022_FI.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35950_CONSOLIDATED_HALLMARK_INSURANCE_PLC%20_QUARTER_1_%20_FINAN.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35949_CONOIL_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_2022_F.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35947_TOURIST_COMPANY_OF_NIGERIA_PLC%20_QUARTER_1_%20_FINANCIAL.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35945_DAAR_COMMUNICATIONS_PLC%20_QUARTER_1_%20_FINANCIAL_STATEME.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35841_RONCHESS_GLOBAL_RESOURCES_PLC%20_QUARTER_1_%20_FINANCIAL_S.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35843_MTN_NIGERIA_COMMUNICATIONS_PLC%20_QUARTER_1_%20_FINANCIAL_.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35845_JAIZ_BANK_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_202.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35849_SUNU_ASSURANCES_NIGERIA_PLC%20_QUARTER_1_%20_FINANCIAL_STA.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35853_CORNERSTONE_INSURANCE_PLC%20_QUARTER_1_%20_FINANCIAL_STATE.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35851_BETA_GLASS_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_20.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35864_DANGOTE_SUGAR_REFINERY_PLC%20_QUARTER_1_%20_FINANCIAL_STAT.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35863_NESTLE_NIGERIA_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_F.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35867_UAC__OF_NIGERIA_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_.pdf

FLOUR MILLS ACQUIRED 71.69% STAKE IN HONEYWELL
https://doclib.ngxgroup.com/Financial_NewsDocs/35927_FLOUR_MILLS_OF_NIGERIA_PLC%20FLOUR_MILLS_OF_NIGERIA_PLC_.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35905_HONEYWELL_FLOUR_MILL_PLC%20HONEYWELL_FLOUR_MILLS_AND_FLO.pdf

* Acquisition price: N4.20...
* Acquisition done at an enterprise value of N80 Billion.....having put the HWG's debt to equity and other concerns into consideration.......
* Honeywell Flour Mills ceases to be a member of Honeywell Group with this Acquisition........
** FMN with estimated capacity of 9.600tn per day has now become the 2nd largest miller in Nigeria.....
** With the acquisition, FMN now controls 42% of market shares, next to OLAM which controls 44% with capacity of 11,140tn per day
*** How does this acquisition translate to more value for remaining shareholders? Maybe there'll be a buyout of minority shareholders in future OR share conversation thru merger......we wait and see....
*** Thru this acquisition and possible future merger, will the analysts eventually be right that HONEYWELL will deliver much better future value to shareholders? .....we watch and see how it all pans out......

https://www.google.com/amp/s/www.theafricareport.com/187124/flour-mills-nigeria-wants-a-bigger-slice-of-the-pie/amp/

Q4 2021
https://doclib.ngxgroup.com/Financial_NewsDocs/35920_LEARN_AFRICA_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FOR_20.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35900_UNIVERSITY_PRESS_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_F.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35913_RED_STAR_EXPRESS_PLC%20_QUARTER_4_FINANCIAL_STATEMENT_FO.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35936_TOURIST_COMPANY_OF_NIGERIA_PLC%20_AUDITED_FINANCIAL_STA.pdf

CORPORATE ACTIONS
Final Dividend: 0.03k
Bonus Script: 6:5 (6 new for every existing 5 held)
Qualification Date: June 30, 2022
https://doclib.ngxgroup.com/Financial_NewsDocs/35898_MCNICHOLS_CONSOLIDATED_PLC%20CORPORATE_ACTION_ANNOUNCEME.pdf
.

MORE Q1 2022
https://doclib.ngxgroup.com/Financial_NewsDocs/35923_JULIUS_BERGER_NIGERIA_PLC%20_QUARTER_1_%20_FINANCIAL_STATE.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35908_INTERNATIONAL_BREWERIES_PLC%20_QUARTER_1_%20_FINANCIAL_ST.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35929_JAPAUL_GOLD_AND_VENTURES_PLC%20_QUARTER_1_%20_FINANCIAL_ST.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35930__UPDC_REAL_ESTATE_INVESTMENT_TRUST%20_QUARTER_1_%20_FINANC.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/NGX_Group_Plc_-_Q1_2022_UFS.PDF
https://doclib.ngxgroup.com/Financial_NewsDocs/NAHCO_-_Q1_2022_Accounts.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35937_AXA_MANSARD_INSURANCE_PLC%20_QUARTER_1_%20_FINANCIAL_STATE.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35939_COURTEVILLE_BUSINESS_SOLUTIONS_PLC%20_QUARTER_1_%20_FINANC.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35940_CWG_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_2022_FINA.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35813_TOTALENERGIES_MARKETING_NIGERIA_PLC%20_QUARTER_1_%20_FINAN.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35943_FIDSON_HEALTHCARE_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35925_ARBICO_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_2022_.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35912_MULTIVERSE_MINING_AND_EXPLORATION_PLC%20_QUARTER_1_%20_FIN.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35903_BUA_FOODS_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_202.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35909_TRANSNATIONAL_CORPORATION_OF_NIGERIA_PLC%20_QUARTER_1_%20_.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35883_ETERNA_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_2022_.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35889_FIDELITY_BANK_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35899_CAVERTON_OFFSHORE_SUPPORT_GROUP_PLC%20_QUARTER_1_%20_FINAN.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35892_LINKAGE_ASSURANCE_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35878_SMART_PRODUCTS_NIGERIA_PLC%20_QUARTER_1_%20_FINANCIAL_STAT.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/35865_WEMA_BANK_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_20.pdf

VITAFOAM
https://doclib.ngxgroup.com/Financial_NewsDocs/35850_VITAFOAM_NIG_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT_FOR.pdf

ZENITH
https://doclib.ngxgroup.com/Financial_NewsDocs/35824_ZENITH_BANK_PLC%20_QUARTER_1_%20_FINANCIAL_STATEMENT_FOR_2.pdf

OBAGADAFFI:
That buyout price is important to minority shareholders

OK.
I hope someone wouldn't compare him/herself to you sha......cos you for don Siddon and balance for the bus......before typing this.

VITAFOAM!

NAHCO, OANDO.

OBAGADAFFI:
The buyout price is the most impotant

Bros, what happens to minority shareholders is the most important to me.

Though the buyout price is equally important cos it may give insight into what happens to minorities....

...but I think it'll be fair all in all and ....in the long run
........they may decide to combine the flour biz. Na my opinion o.

Over 25M units in deal today......... Let's keep eye on it........all na investment risk.

OBAGADAFFI:
need to know the buyout price, I hope it is up to N5.
FMW might make Honeywell subsidiary like NNFM.

Thought nobody wants to talk about it before....

Yes, waiting for the buyout price.........
The article talked about merger...........that both Board of Directors of FMN and HWG will sit to discuss about the landmark merger.......
.....and that of FBNH's 5.06% is acquisition......
We'll see how it goes......

SEPLAT: Sighted @1,200......
AIRTEL: @1,450.....
ZEE: Made U-turn already, saying enough of solidarity southward mvmts .......
GT: Quite some accumulation @KM 24.....
NAHCO, UNILEVER, UPDC getting attn.....

Nigerialabalaba:
Make investors remain vigilant. In fact, our number here dey enough to form shareholders association sef wit our 101% dependable Aunty mi Mcy to run d Executive Secretariat
Igi pawpaw o ni wo pawa o.

Oga mi Labalaba, which Executive Secretariat?
Abeg mention another person o. How you go expect Jijoist to hold such position?
Jijoists own na anywhere belle face o, na to dey follow dem ogas-on-top chop..........make Una dey handle the Secretariat/ethical aspect.
Igi ewedu o ni wo pawa o.

yMcy56:
Honeywell
* Honeywell was valued at N7.33 book value.........safe margin ...
* Investdata valued it @N12 based on current performance and near future value......
Analysts outside the country valued it at around 30......
This could be some of the reasons driving the share price of Honeywell..........in addition to a rumour likely going around........

https://www.google.com/url?sa=t&source=web&rct=j&url=https://investdata.com.ng/honeywell-flour-2021q1-high-margin-as-profit-growth-supports-hope-of-future-dividends/&ved=2ahUKEwij9Ij99N3yAhWwxIUKHWX6AZUQFnoECAwQAQ&usg=AOvVaw1WhTQuBYrtS5G3aybrWLEj

https://independent.ng/what-is-influencing-the-very-high-valuation-of-honeywell/

** Just for info purpose**
Cc: Locodemy

Can remember posting this in Sept 01, 2021.......
My ogas and some NSEMPAs said how possible.......
We'll see how HW's merger/acquisition with FMN will pan out eventually......

FMN is acquiring 71.69% of HW shares......FMN now got the nod to proceed .....

GUINNESS:. Sighted @93!!!
@Samguru collect your tithe make we share am......at least I dey help you post update on it....

CADBURY: Full bid @9.35!!
CUSTODIAN: Sighted @7.15.....

FCMB
The heavy buyer is in market today again.......
Staked over N1.5B on around 500M units

This market no just balance.....
See GUINNESS @88.45 while Zee and GT are struggling in 24 region.....

ACADEMY: Already made U-turn........ full bid @1.33.....
UPDC: Full bid @0.96k
PRESCO!!!