₦airaland Forum

yMcy56:
LEGENDINT
Traded below it's listed price today....
Closed @5.31
Listing price: 5.64...

Bargain hunters take note. 😊

LEGEND full bid @6.44

OANDO big boys in market.....
Seems they've seen Q2 and other lined up activities for restructuring......
@61+ so far.....
One day some people will do Jijo and not be able to buy it back cheap again.....

ndept:
He has blocked you. He was the one that block me immediately he realized that I want to block him.

Lol 😁

ndept:
If you want to enjoy this platform, block those people you are seeing being arrogant. Some of them are here to cause mayhem and distractions. All I am seeing now are the views of reasonable people because those arrogant monikers have been blocked.

Oga mi, I blocked only Street and want to unblock him but can't even see the blocked ticker...
After clicking "block for 2/3 weeks", I again clicked on the message and it disappeared.

Can @Seun pls shed more light on this...

Meanwhile, anyone who so cares can also block me too, if you don't like my comments.....
Seun made the option available now.

aj8:
Common Sense target for Dan Sugar is N78.88

Thanks sir.
Appreciate your sincerity...
Those panic selling will still regret their actions....
Opportunity to buy for those who didn't have anyway..
Even most analysts are yet to digest the result


Meanwhile, market is generally in green this early trading hours...

stokfrick:
Corruption is what will keep killing everything in this country including the ngx. Every now and then they'll come on the news and be urging nigerians and local investors to take advantage o the NSE, but how will it work when the system cannot be trusted? The level of insider trading going on in the Nigerian stock exchange is alarming! All those who work there and in the quoted companies, are deeply involved in this!
Before a company's result comes out, they've already seen it, and the price have moved far even before it becomes public.
Highly demoralizing!!
It's a shame really.

I actually share your opinion as well.
Insider tradings is to much in NSE

You see why I always try to watch and observe volumes in the market, as well as the direction it's tilting......
Though sometimes you can't even predict if they're actually running or rushing in, but it at least gives an idea that something is happening or about to happen in that particular stock.

It's well.

ositadima1:
Yes, they’ve started generating value. FCF per share is currently around 3.03; assuming a similar figure by year-end, that brings the full-year FCF per share to approximately 6.06. This would suggest a valuation of over 100, with a conservative minimum of 79. Of course, this involves a lot of projections, which may either overstate or understate the actual outcome. So, at the current price, it’s a buy—but only with proper risk mitigation in place.

Thanks Osita.
Hope you also consider the revaluation surplus....
It's a plus on the books of DS too

jideflash:
lol, they know why they released it at midnight. Whopping Loss. 🤭

Jide did you check the result well?
It's actually massive profits
* That's what I see with my amateur eyes...

Over to the analysts..

Princkez:
https://doclib.ngxgroup.com/Financial_NewsDocs/44575_DANGOTE_SUGAR_REFINERY_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

E Ku Dangsugar result o..
Best result released.....
Massive revenue, loss exited!
Don't look at the small group loss, its actually profit technically if you look at where they're coming from....... Company exited loss....
Q3 will be Massive!
* No wonder I saw heavy bids in market.......3M, 4M, 5M single bids......
DANGSUGAR is back......should close gap with NASCON

Sunrisepebble:
I’m not talking about the takeover price. My opinion is the company will remain listed, I’m talking about the valuation of the company based on the H1 result
If they do come with that MTO price of N100 I honestly don’t think it will go down well with anyone at all, even National Assembly who they’re having issues with at the moment

Ok.
Well noted Sir.

megawealth01:
MERCY, A notable scenario in the Nigerian Stock Exchange (NGX) is the Delisting and Buyout of Mobil Oil Nigeria Plc by NIPCO Plc (2016–2017). This case highlights investor speculation that the buyout price would be increased, which did not happen, leading to significant losses for speculative investors.

NIPCO did not revise the buyout price. When the Mandatory Tender Offer (MTO) eventually came, the price remained around N417, which was the same as the original acquisition price.

This led to a situation where speculative investors who bought the stock above N417 were forced to either hold onto the stock indefinitely or take a loss if they sold on the open market — as the market eventually corrected downward once it became clear that no higher price was coming.

Thanks MEGA.

I knew of one or two people that sold Courtville at a loss or was bought out at loss....
What of Uniondac?

See MRS now readjusting around the buyout offer of N135, many picked higher.....
**N149 + some kobos was eventually paid - Updated**
What of ARDOVA? Eventually it was slightly increased to 17+ while some bought above 20, even as high as 27/30 or so.....

We are just trying to protect ourselves against those shrewd buyers here......and remind ourselves of past scenarios, so we don't fall victims of future ones.

Sunrisepebble:
Lafarge is a N200 stock. Based on the exact same EV/EBITDA multiple (7x) that Huaxin used to value the business in 2023, the updated fair value per share using H1 2025 EBITDA is N194.

Market cap N1.93trn
Net Cash N206bn
EV 1.73trn
EBITDA annualized 416bn
EV/EBITDA 4.15x
NFA/DYOR.

Based on our calculations on the takeover price of WAPCO the last time, we estimated it to be around N103/105 if I could still recollect well....

Pls understand that I'm not saying WAPCO can't get to this price based on other metrics, but looking at the amount Holcim or so is willing to pay.....and considering the current exchange rate, I think we ought to exercise caution on the figures for now......
It's just my personal opinion....

We've had a scenario in NGX before, where people bought a stock way above the buyout price, thinking the buyer will increase the buyout price.....but which they did not.

I thought WAPCO issue is still in court?

Panadee:
Madam, you can private chat me for free helmet

My Oga, their vawulence no be today nah..
I don get immuned against their troubles.....😁

All the things I talked, people won't understand until when bears come.
We have to hedge against some prices I blvd

Newbies, all these big big stock names wey the Ogas here are mentioning, ask well before buying at current price because in my opinion, they may have to wait for q2 results to know the next direction, may not have high upside from their current prices for now......

Names like WAPCO already factored in the good Q2 when it moved from 80/85 to current price......
Could see some Ogas throwing numbers upandan......with some kind of manipulations ongoing there....
Remember there's a price tag on majority shareholders stakes....

It still get some other ones that already did 100%, 200%, 300%......make una look before you leap....

My advice: Look for the ones with potential 50% or more upside, those that are battered, not yet feel the bull run as such, trading at discount, around their 52 weeks low, strong fundamentals, those still lagging behind in their sectors and some with potential upside......
Like O&O, VFD, PZ, LEGEND, DS, ELLAH, JP, ACCESS, FBN, FCMB, LEARN, insurance, etc......
Na examples I give o 🙄

This is purely my opinion, make some marketers no come dey take you cash out anyhow...... 😁

Stage opened for bashing, defence etc 🤔

Raider76:
BREAKING: GTBank, UBA, First Bank, 5 Others Meet CBN Recapitalisation (FULL LIST)

https://newsonlineng.com/breaking-gtbank-uba-first-bank-5-others-meet-cbn-recapitalisation-full-list/

I will not be surprised if FBN is rated the healthiest bank in the country by year end.

Lol. It will still reach that level nah...
The billionaires are not competing for Elephant control for nothing.....
FBN needs to regain its lost glory 😊

E Ku market o.

Accumulations ongoing in OANDO, FBNH, LEGEND, DS
Don't be left out.....😁

LEGENDINT
Traded below it's listed price today....
Closed @5.31
Listing price: 5.64...

Bargain hunters take note. 😊

megawealth01:
The battle continues

I'm sensing another time to move FBN is getting closer..
Once we starts seeing volumes now, interested persons should be taking position...

Why was Otedola's N320billion injection into FBN coinciding with the N324bn mega purchase of 25% FBN shares?
Something is fishy and yet to be disclosed....
* In fact, I'm of the opinion that the recent shedding of the share price is deliberate... Maybe to move it to acquisition point....
** In case Otedola wasn't the acquirer, then we should expect counter acquisition and mopping up of FBN shares in coming days....
*** If you have FBN shares, HOLD.

https://proshare.co/articles/femi-otedola-affirms-intention-to-increase-stake-to-over-n320bn-by-2026-promises-to-guide-group-to-african-financial-dominance?menu=Market&classification=Read&category=Stock%20%26%20Analyst%20Updates

For First Bank, let's keep eyes and ears down......
Their usual drama is lurking in the corner ....
Ote$ moves in controversial situations.....
The mask behind the 25% acquirer will eventually be unveiled....
If you have it and picked at lower prices especially, hold it....
My humble opinion.

OANDO is also getting more direction slowly, long termers especially will reap bountifully...
My take...

abuhusna1:
I've been bag holding sugar with no significant gain almost 2 years now

AGM was yesterday andq2 result expected today or anytime from now...

@Aj8
Kindly assist to check the common sense value of MEYER
With CAP at close to 70, I think Meyer is undervalued at below 20....
Financials checked and ok from my amateur's perspective.
Thanks sir.

ndept:
It has. Thanks to the bot for this innovation. As a very busy person, the unnecessary posts I have had to read has reduced significantly.

Honestly it's a big relieve!
Think the bot is the way to go on this thread henceforth..

The ELLAH he's bashing is on full bid @10.80.... at least presently trading at day's high
Presco up with N32 so far....
The palm oil biz is doing well internationally...
Going up and presently projected to hit $1200...
So why should someone's opinion count?

Ibrahim505:
click the target name here
scroll down to where you see block streetinvestor for 3weeks
tick the box
Then, click the box with the 'block street investor' intruction

Thanks for this reminder.
I personally don't believe in doing so...... except there's the dire need for it.
Guess this will take care of the incessant rantings.

mails4funshi:
@StreetInvestor can you say Amen to this simple prayer? "May it be unto your businesses, what you are doing to Ellah"

Honestly!!
If he's truly a business man, then he should have better biz orientation that all he's displaying here.

Moreover, the last time I checked, anyone can create a topic on Nairaland...
He should go and create his own topic on Ellah Lakes while Crownprince follow him there to be dragging issues....

The motive and objectives for creating NSEMPA is for STOCK PICKS and not stock bashing..

Mordi's contact details are all over internet, let him engage him directly on his inquiries and concerns.

crownprince2017:
Where is that guy that quoted me and said ellahlakes is going to 7 after he sold.

Purist na you I dey call.

Crown Prince can you pls allow this thread rest and let people enjoy the benefits of the thread!

If you believe in Ellahlakes, stick to it and stop disturbing us with this one stock every time.
The thing don tire people nah.
Kilode!!

If two of you won't allow us see road or hear word, maybe we should start asking for closure of this thread, if this is what both you and street wants!

Streetinvestor2:
Madam u have right to block me.I am never the type looking for team support. You can turn blind eye to others post on me because you have the kpakus.
Nobody can stop my resolve to talk about that junk.

...but why not respect other people's choice nah?
If you want pictures, go there yourself and stop disturbing us here with Ellahlakes..
It's not the only stock on NGX!

That was how you won't allow us hear words on Oando that time, just to eventually see you benefitting from the company you said "e don cast" ...... yet prevented many from taking part in the rally!

Ellah is a company some people are toiling day and night to turn to a success.....and here you are behind your keyboard, spoiling and bashing it....
The next thing you'll call yourself a patriotic citizen?
Can you pls leave ELLAH for those who believed in it while you face your own fundamental stocks!
All these your rantings is becoming monotonous, time consuming and boring abeg!
Someone will come here and meet lots of pages with meaningless posts upandan .... abeg nah!

NESTLE @1800!
Up with N150....
* CAP @72+ 😳


I hope Streetinvestor2 will allow us concentrate on other things/stocks here self.

The wahala ACCESS seller in market again with his huge kaya...
He'll exhaust the volume one day
Patience required

Raider76:
I think it sounds like Madam is not in FBN (or perhaps banks in general?). She earlier called them "falling knives", before deleting it.

Just seeing this.
It's obvious you've not been following some of my posts on FBNH.
- Since the days of N3, I've been on FBNH's case here.....
- When Otedola stepped in at around N6/N6+, I was here encouraging interested persons to buy.......he was the one that moved it to 2 digits.....
- Immediately he showed renewed interest to increase his stakes recently, some of the few people I told to buy are here......, when it pulled back to 16, and recently @25/26...
- And so on and so forth......
- I couldn't have made posts against FBNH when recent developments are progresses on top the above points.....
* I'm Pro FBNH, I'm pro Otedola.....seems my earlier post was wrongly interpreted.😊

Megapower:
I read that literally, for a second...

Oh!
I meant the name Otedola alone is making people to rush and buy
The full bid part should have been the pointer there.
Hope we didn't see some people throwing away that FBN shares cheaply o

* From my yesterday's post or thereabout, I still mentioned that the rate at which FBN will overtake UBA won't get part 2...... Something like that.
After UBA, ZENITH will be the next target. Lol.

Small time, these NB shares may be scarce o..
The heavy purchases/cross deals here are massive!
NGN5bn+ so far .....
Over 68Million units in transactions....
@N75 as at now

Quite some interests in the Palm Oils too....

Profit taking in GT/ZEE..

UNILEVER @60!
CADBURY @61!
NASCON @80!
UACN @49!
PZ @36........ Hmmm 🤔

Hope we can still see the cheapest among them....
As for NASCON, patient pays!
Nascon touched this price during the stalled merger time......Now back at the same 80..... Patience patience.....

Can DANG SUGAR also retest 80?
Let's wait for Mr. Time to respond to this.....

GUINNESS @106 intraday....
NB @73/74....... With heavy cross deals