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YMcy56's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
SEPLAT
Those complaining about being trapped, we didn't hear 'pim' from them again...
Now SEPLAT has offers and bids, don't come and complain later.....😁

FMN
Since Excelsior is not mopping up (at least not yet), they have been trying to depress the market and make sure it doesn't go beyond N70 by all means....

Minority shareholders now have only one weapon to fight against this injustice....."Their Votes" at the Court Ordered Meeting......
Hopefully, they won't buy them over at the meeting as well. 😊

I'm hoping to see Oba Otudeko appear somewhere along this lane for HW sha........I hope the minority shareholders of HW are well compensated
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
essentialone:
LASACO declared zero kobo as dividend...
No wonder shame no let them publish the result since.
Lol. Things hard. 😁

They made profit nah
Let's wait and see if they'll have change of heart.
Maybe it was a mistake....let's see if there'll be a revised document upload.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
@BHG
Thanks for your contributions.

Youre right sir.....
* I also tried to find out and saw that George Coumantaros was the founder of Flour Mills Nig Ltd
* His son John owns Excelsior Shipping Company Limited
* John is presently the majority shareholder of FLOURMILL with 62.95% shares.......more stakes mopped up btw N14 and N21 sometimes ago...
* John is behind this takeover and delisting of FMN
** We may however not know the forces pushing him to delist and for what purpose in particular yet....
** There was issue of consolidation as well......not much details known yet...
** We won't be surprised if mopping of FLOURMILL continues up to N70 or maybe above self by his proxy or proxies of the behind curtain 'pusher' probably....😊
** Should mopping of FMN shares continue till N70 and above, then there's possibly more to this buyout stories.
** Excelsior will not be voting in the coming Court Ordered Meeting .....let's hope minority shareholders will be allowed to vent their angers and vote against the buyout price/renegotiate it higher.
** We'll be getting clearer pictures as time goes on anyway.

***This is just my personal opinion o, no one should Blv it's the true situation of things........just being curious of what might be happening here and thinking out loud.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 8:59pm On Sep 25, 2024
ndept:
Mcy, this is me. The same man has previously abuse currentprice, agba and almost everybody here. Let us face him headlong with that his bad character.
Oga Kolaish, two wrongs will certainly not make a right!
Pls allow Streetinvestor be......
We'll end up missing out on important posts if this continues.....
The platform already drove lots of resource persons to hibernation already, lets not further compound it.

Oga Agba, come settle this o.....no be only DB posts go dey bring you out. 😁
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 8:49pm On Sep 25, 2024
essentialone:
Will Flourmill hit N66.55 tomorrow, or will the FOMO fizzle out?
God owns tomorrow Oga mi.
Those buying may know more than we do....
Some investors that picked as low as 12/14 and below may even decide to buy @70 to average up and increase their quantities.......
Everyone with his/her motive for buying....

It's not even long that FMN climbed up nah.......
Something that was near static at around 14....when it got to 18, can remember someone asking if it's good for a pick then.....don't even think it's up to two yrs self. 😊
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 8:36pm On Sep 25, 2024
ndept:
I challenge you to tell us your old moniker so that we will know when your problems started grin he.goat

I know you are the same person as @godlyguy, undead.
Now I'm doubting if you're truly @Kolaish Sir!
🤔
Oga Kolaish that we know doesnt involve himself in this type of unnecessary frivolities.
Pls sir, kindly stop replying in this manner!
We must understand that we have different personalities online, and even offline, let's learn to tolerate ourselves as much as possible.......and above all, be focused on our mission for being on this thread.
Pls let it slide sir. 🙏


If it were to be newbies doing this, how would you and Oga Streetinvestor have corrected such person and put him/her in order?
Na both of you suppose to dey maintain decorum here o.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 8:22pm On Sep 25, 2024
megawealth01:
That's called MATURITY ooooooo
Lol.
Where do I have time for all those wahala self...
I'll just make my own comments as it comes....then move on....
Except sometimes if I just want to find small vawulence for the person, something wey I go just use to dey catch fun most times. 😁
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
ndept:
If you must know, this is @kolaish and I joined this forum around 2015 ....
Ghen Ghen ....
Well done sir. 😊
I've always known many of the new monikers were old wines in this forum...... grin
I would have been replying unknowingly on the posts of those who used to abuse me back then....😁

Well, me I don't keep grudges.....
Highest, I'll be avoiding such moniker to prevent further insults...😊
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 8:04pm On Sep 25, 2024
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 12:27pm On Sep 25, 2024
UBA
UBA @26!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 11:40am On Sep 25, 2024
Agbalowomeri:
And you think he won't buy out Honeywell shareholders too?
Oga Agba, is anyone trying to link Oba Otudeko in these FMN/Honeywell issue self?
What if hes planning to take Honeywell back?
I'm just thinking out loud.....😁

He may be doing some underground work here....
We can see how's he's dragging FBNH with Ote$$ till now.....
He was under duress to release Honeywell that time, he had limited choice..

Who are the owners of this Excelsior self?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 11:34am On Sep 25, 2024
crownprince2017:
Mcy, what is happening in omatek, we never see anything for this side oooo... huh huh
I'm not part of the management sir .....😁
Can only give updates based on new development that comes up with the company.....
You can sell to come back when there are more positive news....
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 11:28am On Sep 25, 2024
sterlingD:
I want to ask one question is there any link with Northern Nigeria Flour Mills PLC ? (A general question)
A subsidiary of FMN....
It has been on stand-alone from FMN anyway.....
We don't know what will become of FMN's stake in NNFM yet....
Honeywell is more directly related to FMN....
Let's be on lookout for the fate of NNFM in all these.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
FIDELITY
Opened @17+
Traded as low as 16.75......
Now back @17.....17.40....
The forces packing it are behind curtains.....
Buying pressure is strong till now....
Around 96.9M units traded as at now........101M units.....
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 11:15am On Sep 25, 2024
Agbalowomeri:
And you think he won't buy out Honeywell shareholders too?
Of course!
Once parent is off, wetin remain?

But they might have another plan for Honeywell maybe.......
Something like retaining or changing the brand name, and this will be their listed arm on NGX.
Just reasoning it ni o. 😁

I won't still advice Honeywell holders to act in haste yet........let's see what becomes of Honey in Excelsior's hands....
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:46am On Sep 25, 2024
Mpeace:
seen. Thats just too poor.
It depends....
The exit price may not be subjected to Withholding Tax.....
I expect the shareholders to reject the N70, then force them to review the price up....
On top all those revenues! shocked
These guys are just taking minority shareholders for granted....😟
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
Raider76:
Flour mill jump to full bid @60.50
FMN full bid @60.50
Honeywell full bid @5.01

FIDELITY sighted earlier @17.95....

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
Mpeace:
Have they disclosed the amount to be paid to each shareholder? I don't think the scheme document has been sent. The might pay higher than 70
It's N70
Its there in the scheme of arrangement document

https://doclib.ngxgroup.com/Financial_NewsDocs/FMN_-_PRESS_RELEASE_ON_SCHEME_OF_ARRANGEMENT.pdf


Meanwhile, I think anyone with Honeywell should still hold....
FLOURMILL has around 76.75% in Honeywell
We see how the new owner eventually handles Honeywell situation....
Possibly a share for share conversion ratio.
This is just my opinion.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
chimex38:
After staying Static last year's between at 30-35 during the Great Bull run of 2023.

Now Managing just only 60-70% wrt inflation and buyout info, suddenly wants to delist at ₦70..

Flourmill has been grossly undervalued in the stock market cuz of their low dividend payout rate.

Now na to disappear at 70?..
They are bigger than this, even with the OS undecided

Verdict: Unfair
Very ridiculous amount for a whole Flour Mills!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 8:16pm On Sep 24, 2024
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 8:14pm On Sep 24, 2024
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 7:05pm On Sep 24, 2024
SonofElElyonRet:
Suspension lifted.. on bid.. how far is regency alliance likely to go?
Not known yet.......but I guess e go Waka up up more.
Hold if you have it.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 2:28pm On Sep 24, 2024
Agbalowomeri:
Our insiders, any news in MANSARD Lol
It has been moving mad
You saw MANSARD.....
Cleared towards 2.20pm....😊

Meanwhile, Fidelity returned back to full bid and closed on +10%, 16.40!!
FBNH too closed @31
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 2:03pm On Sep 24, 2024
zendi:
Follow follow is allowed.
How many acquisitions eterna do wey 'im dey run follow Oando upandan?
When Fbnh moved, Eti run follow am for no reason.
Oando for don reach 200 if market rule had allowed Seplat do 8000.
Follow follow is real.
It's called sympathy or solidarity or contageous rally in market psychology.
And I'm not talking Buffet but market sense.
You're very correct.
...and I didn't even made the post against FCMB but in it's favour, so that the rally can be sustained.

If to say you'd been following some of my posts, you would have read where I talked about similar thing you said......

For instance, if UBA should start rallying, expect ACCESS to also follow.....(and vice versa)
When you see DS moving, expect NS......
GT, expect ZEE...
And the pairs goes on and on....

FCMB has released great results so far.......
I expect Q2 to also be great, all things being equal.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
Yemy3m:
am going to drop hints only .pls do more research.
people already attcking for nothing .dats okay.
It's not attack bro.
Sorry if you see it as one.
You have been doing well.

Sometimes, some people do have info as well, but needed some confirmation or hints from someone from inside or closer to inside person...😊
I get small positive info as well but if to say you don give hints, e for assist my own at least.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 12:49pm On Sep 24, 2024
KarlTom:
Wagwan UBA grin
It's like people are already getting expo.....
Even though insiders may have got it before now.....😊
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 12:34pm On Sep 24, 2024
Guess MANSARD and UBA results are approaching......
Some activities here....
Those picking UBA are not on queue....

* UBA delayed release of result for the H1......maybe it's a strategy planned towards recapitalization.....

FCMB just doing follow follow upandan....😁
Where's your result?
Na wetin people dey ask you be that....
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
I guess many folks here are better investing than trading.....
Newbies especially, understand what you're buying into and the reasons for buying and don't let anyone be using you to cash out in this market.

Someone mentioned "get ready", get ready for what?
I don't think this platform was created for such suspense or fence sitting......
If you don't want to share, better to keep the info than posting half sentence.

Also, if you're in a fundamentally sound stock, why panicking?
More reason it's better to enter stocks at bargain/low prices, than jumping upandan when you picked high.
Once again, if you understand what you picked and the reasons for doing so, you'll do better in sifting info.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:51am On Sep 24, 2024
FIDELITY on full bid @16.40!!
Wow!
ACCESS @19/19.10.....

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 2:58pm On Sep 23, 2024
PZ
Q1 2024
Looks like there's a lot of improvement in this result......
Has FX loss disappeared?
FA ogas over to you.

https://doclib.ngxgroup.com/Financial_NewsDocs/42159_P_Z_CUSSONS_NIGERIA_PLC.-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_SEPTEMBER_2024.pdf
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 2:05pm On Sep 23, 2024
BullBearMkt:
Prophetic Analysis (PA)
grin grin grin grin grin
No be small thing boss 😁😁
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
yMcy56:
...
Cant lay hands on the post which says Fidelity may achieve tier-1 bank status when it was selling @2.30 or so, that, though it's difficult, the journey may be long but it's achievable.
Let's hope they keep delivering Y-o-Y and keep improving in their performances yearly.

**Not any form of advice**
January 26, 2023 post.......
The post referred to in this post was actually for 2022 (or maybe 2021, can't remember again)
....
No be small thing to be a faithful disciple and a student when those Oracle bosses were still active here........me self don try. 😁
Na so so abuse these NSEMPAs dey abuse me that time..

FIDELITY in market today as at now.......
Full bid @14.95!!
ACCESS getting another twin brother? huh
Make Una dey arrange Unaself. lipsrsealed 😁

** because I mention it now, ACCESS make you no find all means to drag Fidelity price down o.

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