Dangote Cement to Buy Back 170 million Shares Next Week
https://businesspost.ng/economy/tranche-ii-dangote-cement-to-buy-back-170-million-shares/

Champion Breweries’ Minority Shareholders to Earn N3.1bn in 3 Weeks
https://businesspost.ng/economy/champion-breweries-minority-shareholders-to-earn-n3-1bn-in-3-weeks/

NASD Trading Platform Closes Flat Amid Low Trades
https://businesspost.ng/economy/nasd-trading-platform-closes-flat-amid-low-trades/

Nigerian Stocks Suffer First Loss in 2022, Down 0.09%
https://businesspost.ng/economy/nigerian-stocks-suffer-first-loss-in-2022-down-0-09/

Any news about CAP/Portland cement merger?

dipoolowoo:
Dangote Cement to Buy Back 170 million Shares Next Week
https://businesspost.ng/economy/tranche-ii-dangote-cement-to-buy-back-170-million-shares/

Duration of exercise (the 2 days mentioned) will be dependent on the COMPLETION DATE.

...it's gonna be between Wed, 19 to Thursday, 20 January or when the entire trenche size (of 17,040,507,404) has been purchased; whichever comes earlier.
What this means is that the completion date might well come before or go beyond that 20th of January... unless the company decides to suspend further purchase (even without completion of target vol) given prevailing mkt condition at the time... and since repurchase exercise will be from the open mkt.

This exercise is Trenche II.
The 1st, Trenche I already bagged about 40.2M shares of Dangote Cement.

INFERENCE: The coys equity price might push up but there's need to tamper ones optimism with caution.
Repurchase exercise will likely be STRATEGIC.
...the 2 appointed brokers/MM (vetiva and meristem) may not go on a buying spree just for the sake of it!
They will likely do so applying "common sense in-between"

Selah

onegentleguy:


I just published an article with the title:

"A TRIP TO DANGOTE CEMENT"

https://www.booksie.com/612863-a-trip-to-dangote-cement

It's published on booksie, medium and the personal finance section of opinion Nigeria.
U may wish to read through it by using the link above.
Regards.

dipoolowoo:
Dangote Cement to Buy Back 170 million Shares Next Week
https://businesspost.ng/economy/tranche-ii-dangote-cement-to-buy-back-170-million-shares/

On this, the above article from Dec, 2019 when the scheme (share consolidation/RSS and buyback) was 1st announced, is still very handy.
...a few of the lines therein have already come to fulfilment. More may likely follow.

It is well.

WEMA BANK
There's one Oga that asked about Wema and I mentioned that he should wait till they sorted out their reconstruction/right issue/share buyback and what have you.

Pls do your DD and feel free to follow your mind here.
If your mind says you should buy, you can do so.
No one knows the dimension it could take.

Just excempting myself of any blame here.

yMcy56:
DANGCEM
Alhaji's boys in market today......
Maybe they're planning another set of share buyback, who knows......

Was right!
Another set of share buyback.
https://doclib.ngxgroup.com/Financial_NewsDocs/34809_DANGOTE_CEMENT_PLC%20SHARE_BUYBACK_TRANCHE_2_ANNOUNCEMEN.pdf

WEMA BANK
Bids increasing.......far outweigh offers......
Maybe these guys knows what we don't know or it's just bargain hunters at work.......Time will tell....

TRANSCORP
Bids building up.......Can there be something different this time around?
Helping Peter's ministry......

ucap raised a bond at a super low rate during the covid stock crash. they plough all the funds into equity, buying at huge discount prices. the profit they made there alone was huge. imagine buying billions of zenith at 11naira with free money from bonds with rates below 10%.

OBAGADAFFI:


Haba, UCAP is an investment and portfolio management company, just like ARM, FBNQUEST and STANBIC Assets Management.
This companies make profits from stockbroking, bonds and assets management.

But I can't find any BUAFOODS products in the Market .

eziokwunwoko:
Goodmorning House
i need contact for First Registra, yet to receive my UPDCREITS DIVIDEND
Thanks

Check your CSCS statement first.
You can request a copy from your broker if you dont have direct access to CSCS online.
If it's there, you inform your broker to credit your trading acct with the units.

Here's the email for FR: info@firstregistrarsnigeria.com

yMcy56:

Check your CSCS statement first.
You can request a copy from your broker if you dont have direct access to CSCS online.
If it's there, you inform your broker to credit your trading acct with the units.

Here's the email for FR: info@firstregistrarsnigeria.com

MY UPDCREIT HOLDINGS IS APPEARING IN MY CSCS ACCOUNT
FIRST REGISTRAR HAVE NOT PAID MY DIVIDEND

eziokwunwoko:

MY UPDCREIT HOLDINGS IS APPEARING IN MY CSCS ACCOUNT
FIRST REGISTRAR HAVE NOT PAID MY DIVIDEND

Oh ok!
Contact First Registrar.
Landline: 01-2799880, 01-2701078
Send email preferably. They'll reply you.

DONE

yMcy56:

Oh ok!
Contact First Registrar.
Landline: 01-2799880, 01-2701078
Send email preferably. They'll reply you.

GTCo: 25.50!
ZENITH: 25.50!!
The meeting point.....Act 1 Scene 2.........
We see if we'll draw curtain here today to signal the end of Act 1, a tenure......... for Act 2 Scene 1 to commence.....

yMcy56:
GTCo: 25.50!
ZENITH: 25.50!!
The meeting point.....Act 1 Scene 2.........
We see if we'll draw curtain here today to signal the end of Act 1....... for Act 2 Scene 1 to commence.....

Never thought I would see this day
To be very honest

GTCO vs ZENITH
Overtaking commencing?
Let the competition begins......

A new leader is about to be crowned........

RodgersAkpafu:

Never thought I would see this day
To be very honest

No be small thing......

yMcy56:
GTCo: 25.50!
ZENITH: 25.50!!
The meeting point.....Act 1 Scene 2.........
We see if we'll draw curtain here today to signal the end of Act 1, a tenure......... for Act 2 Scene 1 to commence.....

Access will soon join. The difference between access profit after tax and that of GTB is less than 8billion naira

yMcy56:
GTCo: 25.50!
ZENITH: 25.50!!
The meeting point.....Act 1 Scene 2.........
We see if we'll draw curtain here today to signal the end of Act 1, a tenure......... for Act 2 Scene 1 to commence.....

GTCo dividend yield just got better.

OBAGADAFFI:

GTCo dividend yield just got better.

Yeah. Getting better.

BTW, ZENITH and GTCo both closed @25.45!!
Sector leader will emerge in coming days......
E Ku market o.

Krisuba:
Opinions on GTb please, is it wise to pick know Please am responsible for whatever decision I take!!

Bought at N28, N27, N26 and currently still buying… It will probably continue to go down before it goes up, no one knows.

I personally don’t care, the lower it goes, the harder my new Naira deployment work. If you’ve done your research and you’re convinced, just buy and let the market do its thing.

[quote author=Ades1 post=109308368]



Bought at N28, N27, N26 and currently still buying… It will probably continue to go down before it goes up, no one knows.
Thanks Bro.

Mpeace:
Access will soon join. The difference between access profit after tax and that of GTB is less than 8billion naira

Still strange that access has remained below 10

[quote author=Krisuba post=109310218][/quote]

How do you know it'll go up again ?

yMcy56:
GTCO vs ZENITH
Overtaking commencing?
Let the competition begins......

A new leader is about to be crowned........

Please which app or website is that?

Elsueno:
To be honest, the NSE is really stable compared to the NYSE...I dare say compared to the amount I invested, I made more profit in the NSE

I tested the water just two days ago with NSE using trove app but I came back with a loss. Please show me the way to profit. At least maybe the basics. The right apps to have, websites to bookmark, and people and others to follow. I'm trying to make this thing a full time job. It's too early to start incurring losses considering my mearger seed I have to start with.

eziokwunwoko:
Goodmorning House
i need contact for First Registra, yet to receive my UPDCREITS DIVIDEND
Thanks

Please how do I get to buy shares that gives dividends? Thanks

onegentleguy:


Duration of exercise (the 2 days mentioned) will be dependent on the COMPLETION DATE.

...it's gonna be between Wed, 19 to Thursday, 20 January or when the entire trenche size (of 17,040,507,404) has been purchased; whichever comes earlier.
What this means is that the completion date might well come before or go beyond that 20th of January... unless the company decides to suspend further purchase (even without completion of target vol) given prevailing mkt condition at the time... and since repurchase exercise will be from the open mkt.

This exercise is Trenche II.
The 1st, Trenche I already bagged about 40.2M shares of Dangote Cement.

INFERENCE: The coys equity price might push up but there's need to tamper ones optimism with caution.[/font]
Repurchase exercise will likely be STRATEGIC.
...the 2 appointed brokers/MM (vetiva and meristem) may not go on a buying spree just for the sake of it!
They will likely do so applying "common sense in-between"

Selah

At what price do you think one need to tamper optimism with caution since we believe that the price will soar.

Remain blessed for all your selfless contribution.

Which stock(s) do you experts suggest for today?

onegentleguy:




On this, the above article from Dec, 2019 when the scheme (share consolidation/RSS and buyback) was 1st announced, is still very handy.
...a few of the lines therein have already come to fulfilment. More may likely follow.

It is well.

Your right onegentleguy

ojeysky:


Still strange that access has remained below 10

ACCESS time is coming

sophxx:
I tested the water just two days ago with NSE using trove app but I came back with a loss. Please show me the way to profit. At least maybe the basics. The right apps to have, websites to bookmark, and people and others to follow. I'm trying to make this thing a full time job. It's too early to start incurring losses considering my mearger seed I have to start with.

Full-time job ?

Hi everyone,
I'm new to stock. Don't have much experience.
I bought Airtel and Union Bank Share with Trove. I want to buy more, what other low risk share can I buy?
And what should I look for when buying shares ?
Thanks a lot.

Hi guys, my mum gave me her share certificates from intercontinental bank. How do i change it to access and also make it electronic. Also I'm curious to know if intercontinental bank shares are still valid.