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Nigerian Stock Exchange Market Pick Alerts - Investment (7189) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by talk2me2: 8:27am On Aug 08, 2023
chimex38:
Shareholders protest against Right issue
What is there problem? They should go and sell there shares.
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 8:32am On Aug 08, 2023
talk2me2:
What is there problem? They should go and sell there shares.

Cuz of their perceived protest, some other shareholders or bank directors(i don't know) went to court to postpone the AGM..
Which the protesters insist must hold as their Statutory Right.
Re: Nigerian Stock Exchange Market Pick Alerts by talk2me2: 8:58am On Aug 08, 2023
chimex38:


Cuz of their perceived protest, some other shareholders or bank directors(i don't know) went to court to postpone the AGM..
Which the protesters insist must hold as their Statutory Right.
Yes AGM must hold but the date can be changed if the need arises.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by talk2me2: 9:03am On Aug 08, 2023
chimex38:


Cuz of their perceived protest, some other shareholders or bank directors(i don't know) went to court to postpone the AGM..
Which the protesters insist must hold as their Statutory Right.
Besides they have the right to vote against the planned right issues during the AGM if they are the majority their wish will be granted.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 9:13am On Aug 08, 2023
talk2me2:
What is there problem? They should go and sell there shares.

Every shareholders have the right to protest
Re: Nigerian Stock Exchange Market Pick Alerts by talk2me2: 9:38am On Aug 08, 2023
OBAGADAFFI:


Every shareholders have the right to protest
Oga fbnh is a viable company those who don't like the policies of the company should go and sell there shares instead of disrupting the business activities of fbn. Or better still vote against the policy during the AGM.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 9:49am On Aug 08, 2023
customstreet:
DangoteFood might be listing above 10,000k
Thanks.
Pls reply your mail.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 9:51am On Aug 08, 2023
talk2me2:
What is there problem? They should go and sell there shares.
I don't think it's a protest against Rights Issue but a protest against some plan to distrupt the AGM.

All these still boils down to the control issue going on in FBN.
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 9:58am On Aug 08, 2023
talk2me2:
Oga fbnh is a viable company those who don't like the policies of the company should go and sell there shares instead of disrupting the business activities of fbn. Or better still vote against the policy during the AGM.

FBNH is not really viable.
All these noise is due to the renewed buying interest.

You probably don't know the history of FBNH.
That bank has been downhill for some years now.
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 10:16am On Aug 08, 2023
talk2me2:
Oga fbnh is a viable company those who don't like the policies of the company should go and sell there shares instead of disrupting the business activities of fbn. Or better still vote against the policy during the AGM.
U don't still get it.
They are protesting cuz they believe that it's because of their varied opinions FirstBank is postponing the AGM..
They believe First Bank assumes they will have the majority in the votes against Right issue as well as influencing new directors on the board...
Hence the sudden postponement of AGM..

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:17am On Aug 08, 2023
GSK
Some volumes available today........any insider news?
If you pick and can risk waiting, let's watch out for the news and be hopeful.......and if you have insider news, kindly share. smiley
Some people can panic sha.....

DANGSUGAR
Some pullback?

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:32am On Aug 08, 2023
yMcy56:
GSK
Some volumes available today........any insider news?
If you pick and can risk waiting, let's watch out for the news and be hopeful.......and if you have news, kindly share. smiley
Some people can panic sha.....

DANGSUGAR
Some pullback yesterday?

GSK might not pay the current market price.
Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 10:36am On Aug 08, 2023
I have been looking at this company result with my double lense glasses. What do you all think about it? Though the eps was as a result of the proceeds of sale of assets. But then, their debt to equity ratio is 0.59.

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:36am On Aug 08, 2023
OBAGADAFFI:
might not pay the current market price.
I've heard this too but no one seems to be sure of it....
Any insider info on the likely buy-out price?
What if GSK ends up paying more than that?
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:39am On Aug 08, 2023
kolaish:
I have been looking at this company result with my double lense glasses. What do you all think about it?
It responded to the result yesterday........but then very very illiquid.
Hope they won't delist in future because na when dem start doing well financially that they want to chop alone.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:41am On Aug 08, 2023
yMcy56:

I've heard this too but no one seems to be sure of it....
Any insider info on the likely buy-out price?
What if GSK ends up paying more than that?

The last special dividend after selling Ribena was N7.50

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:44am On Aug 08, 2023
OBAGADAFFI:
The last special dividend after selling Ribena was N7.50
That's for Ribena, a part of the whole na.
Pls understand that I'm not arguing o, me self I'm trying to get more info ni o. D

.......but if Ribena special dividend is 7.50, don't you think the whole GSK will be more than that? Maybe double or more?? Just wondering

Let them do quick and tell us the buyout price o.
Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 10:48am On Aug 08, 2023
yMcy56:

That's for Ribena, a part of the whole na.
Pls understand that I'm not arguing o, me self I'm trying to get more info ni o, make person no go buy ponmo. grin

.......but if Ribena special dividend is 7.50, don't you think the whole GSK will be more than that? Maybe double or more?? Just wondering

Let them do quick and tell us the buyout price o.
Just my thought as well.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 10:50am On Aug 08, 2023
yMcy56:

That's for Ribena, a part of the whole na.
Pls understand that I'm not arguing o, me self I'm trying to get more info ni o, make person no go buy ponmo. grin

.......but if Ribena special dividend is 7.50, don't you think the whole GSK will be more than that? Maybe double or more?? Just wondering

Let them do quick and tell us the buyout price o.

It's all speculations at this point.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:03am On Aug 08, 2023
grin
yMcy56:

That's for Ribena, a part of the whole na.
Pls understand that I'm not arguing o, me self I'm trying to get more info ni o, make person no go buy ponmo. grin

.......but if Ribena special dividend is 7.50, don't you think the whole GSK will be more than that? Maybe double or more?? Just wondering

Let them do quick and tell us the buyout price o.
Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 12:00pm On Aug 08, 2023
talk2me2:
What is there problem? They should go and sell there shares.
You obviously live in my mind.
I wonder if anyone used glue to hold them onto FBNH shares. Comedians.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 12:17pm On Aug 08, 2023
yMcy56:

That's for Ribena, a part of the whole na.
Pls understand that I'm not arguing o, me self I'm trying to get more info ni o, make person no go buy ponmo. grin

.......but if Ribena special dividend is 7.50, don't you think the whole GSK will be more than that? Maybe double or more?? Just wondering

Let them do quick and tell us the buyout price o.
Gsk is not a dead company.The parent company is doing well.They will not pay anything less than #15 .That was why they paid 7.50 for ribena.They are not like nigeria companies that reapoff shareholders .They have a global brand name to maintain

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 12:20pm On Aug 08, 2023
Deadlytruth:

You obviously live in my mind.
I wonder if anyone used glue to hold them onto FBNH shares. Comedians.
It is beyond selling of thr shares.I hope you know without AGM ,no payment of dividend till further notice
Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 12:27pm On Aug 08, 2023
Streetinvestor2:
It is beyond selling of thr shares.I hope you know without AGM ,no payment of dividend till further notice
So how exactly does that change the fact that they are free to sell their shares and move on?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 12:34pm On Aug 08, 2023
Deadlytruth:

So how exactly does that change the fact that they are free to sell their shares and move on?
Those that bought with dividend in mind should just sell at a loss and move on.?
when the company did not declare loss...

I think First Bank is trying to prevent Chaos in the AGM...
Protesting shareholders think First Bank is preventing their grievances from bring heard
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 12:44pm On Aug 08, 2023
Streetinvestor2:
Gsk is not a dead company.The parent company is doing well.They will not pay anything less than #15 .That was why they paid 7.50 for ribena.They are not like nigeria companies that reapoff shareholders .They have a global brand name to maintain
My thoughts too.
We shall see with time....
Re: Nigerian Stock Exchange Market Pick Alerts by talk2me2: 1:03pm On Aug 08, 2023
Streetinvestor2:
It is beyond selling of thr shares.I hope you know without AGM ,no payment of dividend till further notice
Who should be more concerned about the company wellbeing, is the shareholder with some thousands of shares or the director/stack holder with hundreds of millions / billions of shares?

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by talk2me2: 1:06pm On Aug 08, 2023
Streetinvestor2:
It is beyond selling of thr shares.I hope you know without AGM ,no payment of dividend till further notice
Infact this is one of the reasons one should not invest the money they can not afford to lose in the stock market.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 1:13pm On Aug 08, 2023
Deadlytruth:

So how exactly does that change the fact that they are free to sell their shares and move on?
I am a shareholder.I do not wish to sell my holdings. Therefore the AGM should hold so I can get my dividend as an investor. I hope I am now speaking English and not French. They have no reason to shit the AGM as all banks that declared dividend have paid.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 1:20pm On Aug 08, 2023
talk2me2:
Infact this is one of the reasons one should not invest the money they can not afford to lose in the stock market.
Is that how you see investment in a company. Then I don't have time to waste.I am an investor and not a gambler which is obviously what you represent

7 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 1:33pm On Aug 08, 2023
Streetinvestor2:
Is that how you see investment in a company. Then I don't have time to waste.I am an investor and not a gambler which is obviously what you represent

LOL, guy thinking it's BETNAIJA

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by talk2me2: 1:40pm On Aug 08, 2023
Streetinvestor2:
Is that how you see investment in a company. Then I don't have time to waste.I am an investor and not a gambler which is obviously what you represent
how can invest and not have peace of mind to the extent of protesting against the company's policy. I mean forcing a company to hold their agm on a date that is not comfortable for them all because you want them to quickly receive dividend.

1 Like

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