₦airaland Forum

@Peterichy
It's good your post was deleted and you're banned.
Tell us what's coming in JAPAUL so everyone can do DD......and stop using this place to cash out.....

The OANDO you mentioned it will do Mega Rally but you were quick to jump out @53, stop deceiving yourself.....

Yes. OANDO will still do mega rally but you'll end up chasing the bus when the time comes.....because you'll think it's JiJo as usual by then.

sboga:
very dark somethin
my dark is comin o

Sboga, is this DAARCOMM?

Meanwhile, the O&G upstream are making efforts to move up....
Seplat, Aradel, Oando
What could have been the barrier?
Just talking out loud.....

toyeoye:
Haba, life no hard reach this o.
who vex you this early morning

You don't know Sboga here?
Don't waste your energy replying him o. 😁

zendi:
PZ OS 4B as stated above OR 37B as stated in the story below. ?
Anybody any clarification?

PZ CUSSONS grows profit after tax by 111% to N10bn in FY 2024

What difference does 3.97 and 4 make?

Visit this page to check the OS yourself....it's 3.97bn

https://ngxgroup.com/exchange/data/company-profile/?isin=NGPZ00000005&directory=companydirectory

Streetinvestor2:
@ agba I told u market will reverse from Thursday last week.You sure ur tools does not need maintenance/ up grade as it said the market is going bearish..lol

Street, today is the 4th trading day with green in control in the market....
At least no panic dumping experienced so far....
Seems you're right, Agba's TA tools needs maintenance or total overhauling 😁

ARADEL with 22bn spent so far, 40M units cross deals has again lifted the ASI

Roarke:
A friend of mine in diaspora recently opened an account with Morgan stockbrokers they sent him a code and password for him to login to his new account. But every time he follows the code to login to the account it just opens a blank webpage it doesn't go through and he enters the code withing the stipulated timeline. This has occurred about 4 times now.
Would appreciate your prompt responses. Thank you.

Ask him if he's using the correct URL or website to login.......because I've not heard this kind of issue before.

Here's the Itrade link, let him try it and reset his password:

https://itrade.morgancapitalgroup.com/customers/

Alternatively, let him change the browser like someone suggested.

REGALINS
Suspension lifted today ....

Ginalex:
Shey na my eyes abi Transpower closed at 314

@N314
I just didn't want to mention the movement.
They came to move it up today.

It's a stock for a long termer especially.
The 257.90 day's low was too tempting...... but the stagnancy discouraged quite a lot of people.

Much resilience from ELLAH today....
Much activities....
on full bid @14.27......
Some intraday pullback....
Back to full bid as at now....

The Heavy bidders in FBNH @32 last week seems to be getting their fills @30.50 today......

KarlTom:
@ The bolded, look beyond year-on-year
This is the reason for the improvement...
So IMO, PZ seems fairly priced

Let's wait till the debt payment/debt recovery plan comes out, then you'll know it's way undervalued.

Was rejected initially and another plan is in the pipeline.

Mpeace talking about OS, how much difference does the OS of Cadbury and UNILEVER makes?
Why is Unilever with higher OS trading above Cadbury price?

CADBURY: 2.3bn OS..... Currently @N58
PZ: 3.97bn OS......... currently @31/32
UNILEVER: 5.75bn OS ........ @N70

Moreover, Cadbury also had serious debt issue before it was later sorted out.

PZ will also trade around those two's price....
When? I don't know.
If they go down, they all go down together, if they go up, they all do same.

X21:
maybe some people have seen full year result which was due to be released end of August

Full year result is out with lots of improvements.
From loss to profit.

https://doclib.ngxgroup.com/Financial_NewsDocs/44956_P_Z_CUSSONS_NIGERIA_PLC.-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_SEPTEMBER_2025.pdf

orriyomi33:
Got some units @#35.75 this morning.
There is currently no offers.

Highest price for today is N35.20 and it's currently on full bid.
Maybe your buying price is already factored into the unit cost if you're seeing the cost price as 35.75 in your portfolio.

Ginalex:
No vex o. Na evening class I attend 👀👀. Does this translate to a buyout price of above 37.10 if the delisting for whatever reason pulls through?

Mega replied already.

Thanks Megawealth01 for that explanation.
I couldn't have explained it better.

Ginalex:
are you serious?

Exit price of N23 rejected.
Then a debt to equity conversion of N37.10 as a revised amount was also rejected by the shareholders because it's the majority shareholder, which is PZ Cussons Holdings that was owed...
It's just a strategy used by PZ to acquire the majority stake in PZ Nigeria...
Accepting this small amount may have negative effect on the minority in the long run probably....
So minority shareholders rejected it.

** Remember, SEC did not approve the exit of PZ from NGX.
What this means is that PZCH will now be awarded more shares of PZ Nigeria at cheap price, then later later, will still opt for delisting probably......and may want to pay peanut, which minority saw thru their plans.

Na my understanding be this anyway.

Streetinvestor2:
So why didn't it go through for PZ if you believe any offer they make is binding to minority shareholders. I hope u know within the contex of minority shareholders there are still majority shareholders inside it.This are the people who wen to court and senate

It didn't go thru because minority shareholders voted against the proposed price, N37.10.
This is a different ball game entirely.
At the Court Ordered Meeting, minority also have to vote....
If it's against, it can't fly.

Remember: PZ proposed N21 initially, it was rejected......N23 rejected by minority holders...

They later up it to N37.10, which was the highest price within the time AGM occured, and yet rejected again.

** Note: Majority shareholders were not allowed to vote, so it went in favor of Minority shareholders.

* Kpakus on full bid @12.98.....
* VERITASKAP on full bid @1.98.....
* Heavy cross deals in NB, STI...
* ARADEL has been trying to shake body and move up.....but the seller......how far can he continue to hold this stock down?
* ACCESS lots of activities.....
* ZENITH lots of activities...

SOVRENINS has done over N3bn in cross deals as at now.......
Capital raising exercise on course ....

https://doclib.ngxgroup.com/Financial_NewsDocs/44944_SOVEREIGN_TRUST_INSURANCE_PLC-SOVEREIGN_TRUST_INSURANCE_PLC_CORPORATE_ANNOUNCEMENT_CORPORATE_ACTIONS_SEPTEMBER_2025.pdf


* GUINEAINS held AGM yesterday.....
Also PZ
Awaiting outcome...
https://doclib.ngxgroup.com/Financial_NewsDocs/44848_GUINEA_INSURANCE_PLC.-_NOTICES_OF_ANNUAL_GENERAL_MEETING_(AGM)_-__ANNUAL_GENERAL_MEETING_(AGM)_AUGUST_2025.pdf

awesomeJ:
Agba has been waiting since 2018 to buy GTCO at N18 😁😁😁

He don drink garri so teyyyy, he's almost relocating to Ichimoku cloud now 😁

Bought GT @18, sold @36 or 38, and he's been waiting endlessly for the round trip. Lol

kintus:
The green of today isn't sustainable...this is what is still playing out. You can only keep averaging down until we hit the bottom pot.

No one knows it all in this market....
You're just reading trend I guess....
Market can be unpredictable......
If you can categorically tell us when the market is hitting the bottom and it happens so, then I'll give it up for you.

* Hope you have the patience of Agba to keep waiting and keeping vigil to wait for the bottom?
Hope you're also ready to wait for as long as many years?
If you see the bottom, hope you no go pick race again? 😁

HesInMe:
So why are people selling if that's the case? Assuming the court-ordered meeting occurs in the next 6 months, the "last highest traded price in the past 6 months" would be about 150+. That should be the floor for the stock if that were the case.

People buy and sell for whatever reasons.....
That's why it's called Market....
Some guys have insider info...

* If WAPCO is not exiting NGX, then MTO will be launched to acquire minority shareholders (at the same price majority was acquired and usually 1%) in fulfillment of Rule that governs divestment or takeover.

* Assuming the court ordered meeting takes place in less than 6months, then, WAPCO will have no choice than to pay the highest the share price got to....... HOWEVER, these companies are clever, they'll find a way of dragging it beyond the six months so they wont pay high.
We can see this played out in the case of Mobil and few others.

Streetinvestor2:
The market will end in green today like I said 2 days ago.we are not in any bear market by mine own understanding.Most of the pull back will be recovered full next Month

Not when banks and insurance has some targets to meet.
I've said it before too, that the banks will do anything to keep the share prices up......
It may shed, but they'll still find every means to keep the price within certain level....
Any positive news, they'll quickly pump the price again...
Once the results are out and they declare good interims, the market will stabilize and moving up or down within acceptable range........na my opinion be this, na my own I talk.....who i be to fight against Mr. Market...

kintus:
Most of them on full offer too.....I believe they're not on full offer because of their results or any bad news, but an attempt to further skew the market.

None has officially dropped in price....
Market is generally in a green zone today between......though some cautious trading still observed in some stocks .....
What you're seeing is just intraday trades, that is for Okomu and Presco

pluto09:
Any common sense pick at current price?

Oga Pluto, a whole big you also looking for common sense picks
I don't know you're also in a common sense league.
If he should tell you OANDO, you go gree buy? 😁

* Abeg don't mind me o
Just pulling your legs
AJ8's common sense na confirmed sure odds 👌

Locotrader:
Agba na traditional bank
Loco na Fintech.
You know say Traditional banks are doing opposite of Fintechs

Lol.
Agba analogue
Loco digital 😁

REGENCY ALLIANCE
Notice of emergency board meeting on 4th September 2025
https://doclib.ngxgroup.com/Financial_NewsDocs/44939_REGENCY_ALLIANCE_INSURANCE_PLC-_NOTICES_OF_BOARD_MEETING_(BM)_-_NOTICE_BOARD_MEETING_(BM)_SEPTEMBER_2025.pdf

Yoursfaithful:
July 2026 of which all insurers are expected to submit their recapitalization plan on or before end of this month.

This is good.
With this, there'll be calls for emergency board meetings by the insurers.
To start keeping closer watch on the sector.

kintus:
I be Loco student 🤪
I have always listened to Egbon Agba.
Oga Emma, Oga Osita and August visitor oga Sunrise and many of them.
We keep learning.
I dey learn from everyone here.

Lol
It's like you like contradictions be that.
Loco and Agba in same sentence? Lol

HesInMe:
I could be wrong, but I think MTO, which is what is triggered now, only requires the acquirer offer at least the highest price paid by the acquirer in the previous 6 months for the same class of shares. That is, the price Huaxin paid Holcim, not the highest price traded in the last 6 months before acquisition offer. Big difference.

Rakish was right.

It's the last highest traded price in the past 6mths before the court ordered meeting

The 1% Mandatory Tender Offer is just in fulfillment of the rule that guides bulk purchases from majority shareholder(s) to protect and be fair to minority shareholders.

Agbalowomeri:
No additions
You understand the workings of Auntie Janet

Agba, hope you can now identify one of your students.....Kintus.
We are also taking note sir.

Ddll:
What’s going on with ELLAH LAKES? Is it making a rebound abi eye dey pain me?

Na those whey dey run out still dey rush in ...
That's this market for us....
Kpakus in the green zone...😁
Everyone looking for bargain...

Hedgefunds:
* Wonder why these guys are hoarding information.... No one is hoarding any Info.
* How much per share did HUAXIN bought from HOLCIM? N93

Thanks boss.
Means my calculations was correct when I mentioned this 93 sometimes ago, even when WAPCO was still selling way below this price.

Hopefully, they'll consider higher payout to the remaining minority holders.
* Make una note the hope o.....and let the buyout price for majority guide your decision makings.

WAPCO
Full offer yesterday....
Bids more than offers today......
* Wonder why these guys are hoarding information....
* How much per share did HUAXIN bought from HOLCIM?
Till now, no info on it.

* ELLAH: full offer yesterday....
Bids more than offers today...

** Meanwhile, the big caps are still holding up till now....... though some shedding intraday, while some remain unshaken....

Agbalowomeri:
Why you dey create panic

Oga Agba, abeg carry your bear back to where you brought it from o. 😁