₦airaland Forum

Slimdove:
Thank you very much @ yMcy56, I will send them mail by 9am

Ok.......but pls check first if there's "IMG" in your CSCS statement as advised.
If you see it there, then that's BOCGAS.
They recently changed name and I think I posted it here too.

BTW, I think it's very wrong for them to reply you that they're still busy with MTN offer.
What sort of BS is that?

If you can't find it, send mail straight to SEC, copy CSCS and copy them..........and see how they'll sort your issues out for you fast.

Nonsense and ingredients!!

yMcy56:
In my opinion, I think FBNH is a Hold.

As it is now:
** FBNH has large free float with no major control...
** Four major players are battling for the control of FBNH's ship....Otudeko, Adenuga, Otedola and Hassan-Odukale....
** Three major players now owns over 5% shares.......Otedola (5.07%), Otudeko (5.32%), Odukale (5.36%) and Adenuga (over 5% but not sure if this is true because when updated last, it wasn't up to 1%)...
** So far, higher percentages are going into the hands of these billionaires (and many more unmentioned billionaires with less that 1%)..........this is in turn reducing the number of shares available to the public....
** All indications are pointing to more accumulation of shares by the major players to outdo one another in coming days......
** FBNH recently sold her stake in Airtel Nigeria at a premium, amounting to extra cash for the group.....
** If the rumour that Otedola is presently controlling or will be controlling the larger shares is true, then investors are somehow optimistic that FBN will perform so well under his leadership..........considering his past achievements in FO & Geregu plant.....
** These guys are enjoying the backing of the powers-that-be in the background.......
** We may witness more share acquisition in days to come.......
** More drama may likely unfold......
** Just stay tuned.....

FBNH: Oct 24, 2021 post.

Otedola leading as expected......with total of 7.53%..,.....so far..........
Let's see if other "Contestants" will also up their game.......

currentprice:
igi ewedu oni wo pawa o

Lol.
Igi ogede o ni wo pawa o.

Slimdove:
But I tried the phone number,it is not going through.maybe network. I will continue trying g.

The phone number is working..
You can also try and send another mail to CSCS with CSL in copy.

Kabongo1:
I need some advise. I brought NEM some years ago through their sales and I don't know how to request or get my shares. It was through a public offer, in the early 2000s......

Contact their Registrar and lay your complaint - APEL CAPITAL & TRUST LTD
Email: registrars@apel.com.ng

You'll need to exercise more patience with them and provide all necessary documents they may ask you if you want the issue resolved for you.

Biafran4life:
Pls anyone with update on aico insurance.i noticed the price deeped from #1plus to less 70k last month.I checked my Cscs statement and did not see any bonus of the past 3 declared.What happened to the price and has anyone received any of the previous bonus

** The first two bonuses were cancelled.....

** The last one, 12:9 which was the 3rd was accepted and has been marked down for issuance to all qualified shareholders........reason you saw AIICO @ circa 70.........was marked down and opened @64kobo actually.

The reason you may not have seen it in your CSCS may be due to regulatory issue/approval........once gotten, it will be credited into your CSCS acct.......all things being equal.

locodemy:
....I have two in mind but will disclose one now.This stock traded at 33kobo for weeks and I tried all my possible best to get some units but to no avail.I got it at 39/42kobo after a long wait.May close at 50 or 51kobo today.Still heading upwards and more in 2022

The sector which this stock belongs to will be patronized by PDP, APC etc in 2022 against 2023 election.

Let me attempt your riddle.........

The only stock that fits into your description from my own little understanding is ACADEMY PRESS.......

ATTENTION!!!

In case you're searching for BOCGAS, search not further among "B" alphabet, note that the ticker already changed to IMG (Industrial and Medical Gases Nig. Ltd).

*Investors/shareholders take note*
https://doclib.ngxgroup.com/Financial_NewsDocs/34307_BOC_GASES_NIGERIA_PLC%20CHANGE_OF_COMPANY_NAME_CORPORATE.pdf

@Slimdove
You can call the landline and request to speak with someone there.
01-2713920

Nigerialabalaba:
As u mention prophesy, na so I remember say e get one stock wey nobody don even mention hia and dat stock na hin get next year sure banker. Nobody go buy am if I mention am so make I do peem.

Pharmaceutical ?
Btw, you go sabi drag issues for politics section o. Lol.

NEM
Re-denomination of share nominal value from 0.50k to N1.00........
Trading in shares to be suspended for 2wks starting from today 10th Dec......
* 2:1 ...........the last bonus has taking care of this I think.
https://doclib.ngxgroup.com/Financial_NewsDocs/34668_NEM_INSURANCE_PLC%20NOTICE_OF_THE_SHARE_RECONSTRUCTION_.pdf

STERLING BANK
https://doclib.ngxgroup.com/Financial_NewsDocs/34666_STERLING_BANK_PLC%20STERLING_BANK_PLC_OBTAINS_APPROVAL%20.pdf

E Ku market oooo.

Lots of accumulation in ACCESS.......

GTCo inching up slowly.........let's hope the billionaires battering it are done already.......When we say they wanted to drag GTB down to accumulate more that time, e be like say person dey talk rubbi.sh.

*Edited*

Jenny008:
I'd like to diversify huge into 2-3 NSE stocks with principal interest on stocks with high and consistent dividend payout.
I prefer a good dividend paying coy stock that I can hold for the next 5 years with great potential long term.
Here's my pick based on the insights gleaned after reading some posts here:

GTCO, Access, Stanbic,Dangote Sugar
Myc5, locodemy, Emmanuel, osita

My Oga already answered you.....
There are quite some stocks to consider really but if you're looking at diversifying, maybe a mix of other sector will be great too.

These stocks, in addition to the ones Oga Kolaish listed (Zee, GTB, Access), are good for consideration too........Wapco, Ucap, Custodian. Dangsugar and Stanbic not bad too, only time your entry right.

Remember you have to discipline yourself because what you're planning to do is called "Long term investing", not the one you'll be looking at daily upandan of prices and be coming to blame when the prices are down o.

Las las I don give you my own opinion. Do your Due Dilligence.

FBNH
The billionaires are not yet done on its case......
Over N5B staked on it yesterday alone.......
I told someone that the result will have little or no
negative impact on the share price because the current level of operating don pass result level for now.

If stating my personal opinion will make me to be tagged e-warrior, well, so be it. Na una sabi. Not a must for me to agree with everyone else's opinion on certain matter or stocks.

We are awaiting the next phase of the billionaires' drama........more accumulation still ongoing.

For me, FBNH is a "Hold"

Salvationone:
Mercy , hope you are good.

zionaigbokhan:
Mercy how you dey? Abeg show

I dey ooo. A hectic time for Mcy but God is alive.
Thanks so much. God bless you real good.

@currentprice, thanks bro. Really appreciate.

Oga Wanaj0 many thanks sir. More of God's blessings IJN.

https://doclib.ngxgroup.com/Financial_NewsDocs/34618_HONEYWELL_FLOUR_MILL_PLC%20HONEYWELL_FLOUR_MILLS_PLC_ASS.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/34617_FLOUR_MILLS_OF_NIGERIA_PLC%20FLOUR_MILLS_OF_NIGERIA_PLC_.pdf

Marketapprentic:
It is even N2billion(and it is being contested) and not N3.5 billion.

Proshare's news can be outdated sometimes.
One article circulating around now was even dated as far back as 2016.
Honeywell claimed it complied with the terms of the payment and debt liquidated already......... already dragged Ecobank to Supreme Court.

Why can't Ecobank wait for the final judgement from the highest court but was quick to jump out when FMN came in? Can Ecobank take over an asset over mere N3.5B?

One of the reasons I said this case has political undertone.

If eventually Ecobank erred in all these, I expect Honeywell or FMN to sue them for damages..........because the negative effect they created has caused a lot of damages, even loss of share value/revenue to shareholders.

emmanuelewumi:
The money is just N5.5 billion, should not be a major issue

Boss, the debt HW is owing Ecobank is even N3.5B......not N5.5B.
Correct me if I'm wrong sir.

https://www.thisdaylive.com/index.php/2020/12/14/honeywell-drags-ecobank-to-supreme-court-over-alleged-n3-5bn-debt/

E be like say Oba Otudeko owe me some change after all these o........if/when everything ends well.

MysTeerioz:
?

Replied.

emmanuelewumi:
Otudeko is out of the equation, CBN and FBNH are the ones running this show. FMN was actually begged to come into the deal and CBN will give them all the support.

Have you forgotten that Honeywell and Otudeko could not meet up with the deadlines given to them by FBNH as per the liquidation of their debts.

If there is excess after the deal, Otudeko might get something but I doubt if there will be an excess. His collateral is less than his debts

Ok sir, thanks for giving more insight.
.....but I sha know all these have political undertone, we see how it goes....

samguru:
Come and see Otudeko's sympathizer
Tell me how much Otudeko give you for this

Lol.
All of them na onigbese nah.........who dey sympathize with any?

But that man is strong and get strong mind, see as only him is making all of them to be jumping upandan.........

OLAM seems to be eyeing Honeywell before, so IF they spoil his plan with FMN, he fit invite them..........like I said it's just pure speculations.

GTCO..............25.40
ZENITH.….......24.45
Difference:...0.95!!!!!

Zenith getting so close.........is overtaking going to take place here OR GTCo will still prove it's still the leader in the sector??

samguru:
What am hearing about honeywell PLC is not palatable ooooo. e

Shey on top this 5.5B again? Na wa oh.

One thing we should know is that FBNH's boardroom politics extends here..........and Honeywell is a means for the rival group to keep getting to Otudeko.

Recall that Otudeko sacrificed selling Honeywell in order to keep holding on to his position in First Bank...

Since rival group couldn't easily get him to back off First Bank, they'll use every means to get to him........

They are instigating Ecobank against him......... But case is even still at Supreme court....

Otudeko also has strong ally, rival group will still likely not succeed getting to him thru Honeywell too.....

I no know book or know anything ooooooo......but we keep watching as the billionaires' drama unfolds.......

**One thing I suspected here is:. If at all FMN backs off, OLAM may step in**........just speculations oh.

Too much analysis-paralysis on this HW.........

GTCo already formed support @25.35/25.40...........stronger support @25.......
Will GTB reverse up from here or the moneybags are not yet done with their fill ?
We are watching........

ZENITH on the other hand is trying to move up ........but seems scared.........maybe because the oga-on-top has moved so close to her.........
Still parading around 24.10/24.30

Still watching the drama here.....

*Both GT and Zee are getting lots of attn though*

emmanuelewumi:
The money is just N5.5 billion, should not be a major issue

I wonder how anyone will think FMN is not aware of the indebtedness to Ecobank in the first place.

A company willing to buy 76.75% of Honeywell at a huge premium, paying a whooping N80B, how can N5.5B be an issue to them??
Who is Ecobank to dictate what FMN should or should not do to them?

These guys are just trying to trend and create issues where there's none.

Guess Ecobank is trying to create awareness to FMN and looking for a way to benefit here as well.

FMN has signed the deal, Ecobank's noise can't get to them. .......Otudeko on the other hand is smarter.

Marketapprentic:
Yes ooooo, I for say oooo. And it seems that the price that they are buying from Oba is above #10? Maybe #13 or #14. So they should know what to do to us the tasere units holders

Lol. Pls don't take me for my words o, it's just speculations.
Iit may be true, near true or not.
Final decision lies with FMN.

yMcy56:
..........
BTW, what's driving Honeywell may purely not be based on fundamentals but something outside it.
Oba is facing different debt challenges, he may want to use what he has to get himself out of the debtors nets........and Honeywell coy readily comes to mind.
The rush for Honeywell was/is aggressive, so insiders may know what we don't know yet. D

Sept 02.

OBAGADAFFI:
I think the one from UACN has been credited.
I just saw it in CSCS account.

Pls when again was the qualification Date for the REIT?
Was it announced separately?

Marketapprentic:
I am also seeing the possibility of Flour mill buying us out in cash or assimilating into the main coy via share exchange like happened in CCNN & BUA. Or is HONYFLOUR going to continue as a separate entity afterwards?

I think las las, Flour Mills will buy out the minority shareholders OR merge with Honeywell and allocate FMN shares to minority shareholders in form of share conversion in ratio distribution.

Presently 71.69% acquisition from Honeywell Plc + 5.06% from FBNH....... totalling 76.75%

Remaining minority owns mere 23.25%.
There might be need for rebranding .........

Was posted here sometimes ago but many didn't agree to this.

MTNN LAUNCHES EQUITY BOOK BUILD FOR INSTITUTIONAL INVESTORS.....
Retail fixed price for retailers to follow after......

https://doclib.ngxgroup.com/Financial_NewsDocs/34609_MTN_NIGERIA_COMMUNICATIONS_PLC%20MTN_LAUNCHES_EQUITY_BOO.pdf

moneymanager:
But is it ordinary 35 billion naira that's making GTB shake like this. They should pay this guy and end this drama
Surprised that my sister in ogun state noticed it and no one else, even those in the banks at lagos didn't realize it

It's 32B + 22% interest so far ........
If it keeps mounting, then Innosun boss may become a majority shareholder here......
Once he's successful, he can start dragging the management of the bank with the current majority shareholder.......,
Think they have to reduce the worth of GTB first to be able to do this successfully, the fall in price may be one of the strategies to achieve this.

He's already assuring the customers of the bank that he'll manage the bank well, once/if he takes over......
He'll have his own cacaus as well, supporting and pushing him to go ahead.
We are in Billionaires' bank take over era. Lol.

If we observed very well, there has been increased activities in the accumulation of shares of almost all the banks lately........even Wema, Unity, Jaiz, Sterling are not left out........all of them.
We keep watching the drama.
**Na observation o**

ojeysky:
“The beauty of the whole thing is that the money is attracting the interest of 22 percent. So, I am waiting for the interest to be above their capacity so I can take over the bank,” Chukuma said.

GTCO and Innoson session film

Any link to this?
Maybe GTB too is about to start its own drama too.....
Think we have to keep keen eyes here as well.

**Updated**
OK. Here's the link I saw:
It's more of Innosun boss planning to take up and take over the management of GTBank....,..
After they might have crashed the price, the value will be drastically reduced, then they'll start packing it..........just my opinion oo.

https://www.google.com/url?sa=t&source=web&rct=j&url=https://platinumpost.ng/2021/11/18/im-now-ready-to-take-over-gtbank-says-innoson-boss/amp/&ved=2ahUKEwiYrae7z6P0AhUJ4YUKHdzYBycQFnoECBQQAQ&usg=AOvVaw1BLaRLsTK0upE69VIdsbtw&ampcf=1