essentialone:
Tinubu writes Senates, seeks approval for military action against Niger

https://www.vanguardngr.com/2023/08/tinubu-writes-national-assembly-seeks-approval-for-military-action-against-niger-coupists/

Investors, take cover ooo

If true that Nascon sells salt to Niger, if also true that dangcement sells cement in Niger, then you know what to expect.

Mpeace:
If true that Nascon sells salt to Niger, if also true that dangcement sells cement in Niger, then you know what to expect.

Those products will get to Niger Republic one way or another. It's time for smugglers to make a kill.

yMcy56:
NASCON:
If NASCON can cross the 40 marks today, then the post merger price may likely be juicy be that....
* Pls don't take my comment for it......just stating my observation*

* GSK: on full bid @8.90......
How much can this Coy possibly offer as buy-out Price?

** Most trades on GSK are cross deals!!
Make dem allow people to sell on the floor as well na

DangoteFood might be listing above 10,000k

https://www.nairaland.com/7790809/tinubu-writes-senate-seeks-military


My dear retail investors, please tread softly, this proxy war that is brewing will rip this market apart........GSK one of the few expatriate proxy companies has closed shop........ France wont just fold its arms and watch its years of investment drain to d Russians....,,


I stand at the sidelines watching the news with my popcorn

With d release of that film Oppenheimer, I suspect western powers are gradually being opened to the idea of using the modern NUkE...,..

What better grounds to test it dan some places in Africa......,


Abeg If anybody has access to Tinubu, Abeg beg him to focus on Nigerias problem, he can leave Niger alone for their people

customstreet:


DangoteFood might be listing above 10,000k

Above #100 naira mark you mean?

If you trade USA stocks
I think this stock Wayfair Inc should be on your potfolio sitting patiently like a bomb waiting to explode!

$Wayfair

Trade broke out on excellent volume!
Happy trading
Happy investing

UBA

Alexas58:
If you trade USA stocks
I think this stock Wayfair Inc should be on your potfolio sitting patiently like a bomb waiting to explode!

$Wayfair

Trade broke out on excellent volume!
Happy trading
Happy investing

oga, this is nigeria stock thread....look for the right thread for dis info....thanks..

customstreet:


DangoteFood might be listing above 10,000k

It's not dangote Refinery sir don't raise our hope too high

abuhusna1:

It's not dangote Refinery sir don't raise our hope too high

Listing DangoteFood @ N100 or above is raising your hope? Ok no wahala

Ajibade123:

Please where do you get this kind of information from

From the company's quarterly and annual results.

customstreet:


Listing DangoteFood @ N100 or above is raising your hope? Ok no wahala

What of the ratio for holders of dangsugar? I think the worst will be 1 for 3 which will still be profitable to a lot of people if listing price is N100.

Kreos44:

What of the ratio for holders of dangsugar? I think the worst will be 1 for 3 which will still be profitable to a lot of people if listing price is N100.

1 for 3 at #100 listing price will not be profitable for those that picked it from #33 and above.

Dear All,
Please which stock would you suggest a begginer may start investing in to learn before going big?

I'd appreciate audience.

Popson92:
Dear All,
Please which stock would you suggest a begginer may start investing in to learn before going big?

I'd appreciate audience.

A beginner should be investing in knowledge before investing in stocks.

customstreet:


Listing DangoteFood @ N100 or above is raising your hope? Ok no wahala

You wrote it as 10000 sir but 100 dollar us reasonable

customstreet:


Listing DangoteFood @ N100 or above is raising your hope? Ok no wahala

You wrote it as 10000 but 100 niara is reasonable I didn't see the k

abuhusna1:

You wrote it as 10000 sir but 100 niara is reasonable

He said 10,000K , Ten Thousands Kobo is equivalent to One hundred Naira.

There are what they call economic sanctions which the West mainly use as leverage. Military action could prove unnecessary aggression and a regrettable step.
I advise this administration to think this through based on logic and not just emotions and pressure from external parties looking to benefit from a proxy war.
Having border security to checkmate the possible influx of people into Northern Nigeria is okay.

As regards how this affects the market going forward, I'll advise all that care to listen to " TRADE WITH CAUTION".

https://dailytrust.com/ecowas-military-chiefs-reconsider-use-of-force-against-niger-coup-plotters/

No cause for alarm 🚨 I guess.

Ikeja Hotel Dividend received on 31st July and I didn't submit E-dividend mandate. I believe their Regitrars Greenwich used my Bank details with my Stockbroker through which I bought the shares even though I already have an active mandated E-divided for ECOBANK with the same Registrars for another Bank.
I wish other Regitrars do same to reduce stress for Shareholders, my Gtb Dividends have been hanging for so long, done everything they asked and got tired jor.

Good morning Sir customstreet.
Please how did you arrive at N100 listing price of Dangote Foods.
Is it adviceable to buy DANGOTE SUGAR OF NASCON at current price

Good morning Sir customstreet.
Please how did you arrive at N100 listing price of Dangote Foods.
Is it adviceable to buy DANGOTE SUGAR OF NASCON at current price
DangoteFood might be listing above 10,000k[/quote]

onegentleguy:
There has been a reoccurance of mergers/aquisation or takeover/buyout and follow-up delisting of some quoted companies on the NSE bourse.

Over the yrs, the likes of NBC, BAGCO, IHS, CAPPA & D'ALBERTO, OASIS INSURANCE, CRUSADER INSURANCE, 7-UP, ASHAKA CEMENT, AVON CROWN CAPS, DIAMOND BANK, NEWREST ASL, DANGOTE FLOUR, CONTINENTAL RE, 1ST ALUMINIUM and most recently AG LEVENTIS to mention just a few, have either undergone a merger, aquisation or takeover/buyout. ...with the last 6 all brokered in less than a year !!
However, I think we might see a few more in the not-so-distant future.

Given the current position of their financial print(balance sheet position in view) in relation to their present equity prices, the following coys could be future candidates for a merger, aquisation or take over/buy out:

NEIMETH PHARMACEUTICALS, CHAMS, FO, GLAXOSMITHKLINE NIG, COURTVILLE, TRANEX(trans-nationwide express), UNIONDAC, PZ and BERGER PAINTS PLC.

Why?

1st off, is to ascertain if there are doubts surrounding the survival of these companies, so one doesn't lose their money taking(early) positions in them. And next, is to look in on their current earnings capacity, then gauge its relative sustainability over time.

On that line, keeping a tag on their OHLSONS O-SCORE(a key financial tool used to forecast if a company could go bankrupt), I see them remaining as a going concern. ...which makes them attractive candidates for 'external forces'(investors) who could bid to take them on at a cheap and turn them around.

...and using the EPP(earnings persistence approach: a valuation technique used to predict how often the earnings return of a coy will likely continue to reoccur over time after raking-off risk), I see a higher probability that any take over/buy out(should they occur) will be priced @ great premiums to their current market prices.
With some, at potential premiums of near 105% ROI !!

I particularly like the 1st 5.

On a side note, a few coys in the financial services sector, particularly the INSURANCE segment 'could also be up for grabs'... so watch that space !!

CAVEAT: This piece is only intended to look at quoted coys with chances of a merger, aquisation or takeover/buy out.
...it is NO licence to any sought of recommendation !!

My advise: Always do well to follow ur instinct.

Hmmmm !! It came to past after 4 years ... mean GSK

thebargainhunte:


1 for 3 at #100 listing price will not be profitable for those that picked it from #33 and above.

No not at the onset but it is more likely to go higher after listing until the results starts rolling and people can estimate the value of the new entity and also remember this is probably the worst scenario. A more probable ratio will be 1 for 2.

JUST-IN: Senate Rejects Tinubu’s Planned Military Action In Niger 
https://leadership.ng/just-in-senate-rejects-tinubus-planned-military-action-in-niger/

119mba:
Ikeja Hotel Dividend received on 31st July and I didn't submit E-dividend mandate. I believe their Regitrars Greenwich used my Bank details with my Stockbroker through which I bought the shares even though I already have an active mandated E-divided for ECOBANK with the same Registrars for another Bank.
I wish other Regitrars do same to reduce stress for Shareholders, my Gtb Dividends have been hanging for so long, done everything they asked and got tired jor.

On e-dividends matter, this might help some persons also: It so happened that there was an error in the order of my name for BVN. It was different from the order with my bank.

BVN: Second First Surname.
BANK: First Second Surname.

E-dividends were unresolved till customer service pointed the error out when I went to resolve something else. A stockbroker confirmed the disparity will prevent dividend payment. I had to swear a court affidavit to get the BVN error corrected at the bank.

Shortly after, I got my dividends.

Audacius:


On e-dividends matter, this might help some persons also: It so happened that there was an error in the order of my name for BVN. It was different from the order with my bank.

BVN: Second First Surname.
BANK: First Second Surname.

E-dividends were unresolved till customer service pointed the error out when I went to resolve something else. A stockbroker confirmed the disparity will prevent dividend payment. I had to swear a court affidavit to get the BVN error corrected at the bank.

Shortly after, I got my dividends.

You are very correct, from experience, BVN name arrangement has prevented many investors from getting their dividends.

Actually based on the kyc drive that started about two years ago by the regulators using the stockbrokers, having the correct name arrangement on BVN, and all things being equal, investors can get their dividend even without completing the e-mandate form.

eziokwunwoko:
Good morning Sir customstreet.
Please how did you arrive at N100 listing price of Dangote Foods.
Is it adviceable to buy DANGOTE SUGAR OF NASCON at current price
DangoteFood might be listing above 10,000k

When someone drop this kind of information rather that questioning the source, what you should do is to check how reliable the previous post of the person is and then do your own due diligence.

Check the previous post of customstreet, you will realise he was among the first to call DANGSUGAR at around 17. He was also the first person go give a to hint about the merger.
That tells you he is privy to classified info.

Once he drops his gems, it is left for you to do you due diligence and take position if you consider the information valuable.

You can't expect him to come and tell you he arrive at the listing price.

Note: not saying you should buy at current price.
A pull back might happen presenting an opportunity to enter at a lower price.

@Audacius:, @Emmasoft:
Many thanks. I will check if my name arrangement corresponds with my BVN. That may be the case cos I've done everything.

pizapato:



When someone drop this kind of information rather that questioning the source, what you should do is to check how reliable the previous post of the person is and then do your own due diligence.

Check the previous post of customstreet, you will realise he was among the first to call DANGSUGAR at around 17. He was also the first person go give a to hint about the merger.
That tells you he is privy to classified info.

Once he drops his gems, it is left for you to do you due diligence and take position if you consider the information valuable.

You can't expect him to come and tell you he arrive at the listing price.

Note: not saying you should buy at current price.
A pull back might happen presenting an opportunity to enter at a lower price.

One thing is certain, Dangote Foods will eventually surpass BUAFOODS in terms of share price and capitalisation. Alhaji will not rest until that happens. Interesting days ahead.