Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / New
Stats: 3,217,745 members, 8,035,301 topics. Date: Monday, 23 December 2024 at 08:49 AM

Nigerian Stock Exchange Market Pick Alerts - Investment (7223) - Nairaland

Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (12101581 Views)

Nigerian Stocks To Buy - 2025 Best Performing Stocks / Free Stock Market Pick Alert For All Investors Globally!!! / Dangote Resumes As President Of Nigerian Stock Exchange (2) (3) (4)

(1) (2) (3) ... (7220) (7221) (7222) (7223) (7224) (7225) (7226) ... (8599) (Reply) (Go Down)

Re: Nigerian Stock Exchange Market Pick Alerts by customstreet: 3:36pm On Aug 30, 2023
Dangotesugar food scheme is finally out

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 3:41pm On Aug 30, 2023

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 3:41pm On Aug 30, 2023
pluto09:


What some of them want to hear about Nigeria is bad news. Any positive thing no dey give them joy since their candidate lost an election. I guess he was surprised NSE is still going up.
The way those people celebrate coup in Africa and wish same happens in our country is really troubling.
This is investment thread but the country did better under the military regime than this thing they call democracy .The democracy in nigeria is fraud. I was alive and old enough to make my judgement .The corruption and stealing since 99 no get part two.

Nobody should quote me pls
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 3:44pm On Aug 30, 2023
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 3:44pm On Aug 30, 2023
customstreet:
Dangotesugar food scheme is finally out
Abeg post update
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 3:47pm On Aug 30, 2023
Deadlytruth:
But where is tritritri? Someone tell him that TRANSCORPSE is back alive and kicking.

U
be old hand for dis forum
cheesy cheesy

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 3:48pm On Aug 30, 2023
Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 3:49pm On Aug 30, 2023
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:53pm On Aug 30, 2023
This is it

Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 3:59pm On Aug 30, 2023
emmanuelewumi:
This is it


14 Ordinary shares of dangote sugar for 1 ordi ordinary share of Dangote rice?? cool

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 3:59pm On Aug 30, 2023
11 Dangote Sugar shares will be issued for every 12 NASCON shares.
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 4:00pm On Aug 30, 2023
Dangote Suger wil be the surviving company
Re: Nigerian Stock Exchange Market Pick Alerts by ogoo4real: 4:01pm On Aug 30, 2023
emmanuelewumi:
This is it

Please let the experts in the house analysis it further for us. Thank you.
Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 4:02pm On Aug 30, 2023
emmanuelewumi:
11 Dangote Sugar shares will be issued for every 12 NASCON shares.

Pls we need further break down.

If one has 50 units of NASCON example, how many units does that translate to in the new dangote food.
Re: Nigerian Stock Exchange Market Pick Alerts by Shalom428: 4:04pm On Aug 30, 2023
sterlingD:
While we are waiting for NASCON meeting communique

https://doclib.ngxgroup.com/Financial_NewsDocs/39362_DANGOTE_SUGAR_REFINERY_PLC-DANGOTE_SUGAR_REFINERY_PLC_-_UPDATE_ON_PROPOSED_MERGER_CORPORATE_ACTIONS_AUGUST_2023.pdf
DangRice and Nascon ratio with respect to DSR has been announced. The two major information that are yet to be made public are ;

The ratio of DangFoods to DSR

The listing price of DangFoods

And you will be able to make an educated guess with the volume and price of DSR that will be traded next week.

I have my established theory but I've decided to limit what I post on this forum , going forward.

FOLLOW THE MONEY

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by jaybee3(m): 4:06pm On Aug 30, 2023
vacanci:


Pls we need further break down.

If one has 50 units of NASCON example, how many units does that translate to in the new dangote food.

11=12
x=50

(11*50)/12 = X
X=~46
Re: Nigerian Stock Exchange Market Pick Alerts by ogoo4real: 4:06pm On Aug 30, 2023
Shalom428:
DangRice and Nascon ratio with respect to DSR has been announced. The two major information that are yet to be made public are ;

The ratio of DangFoods to DSR

The listing price of DangFoods

And you will be able to make an educated guess with the volume and price of DSR that will be traded next week.

I have my established theory but I've decided to limit what I post on this forum , going forward.

FOLLOW THE MONEY

Should one Sell/Hold/Buy?
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 4:06pm On Aug 30, 2023
12 NASCON = 11 Dangote Sugar. and 14 Dangote Sugar = 1 Dangote Rice
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 4:07pm On Aug 30, 2023
vacanci:


Pls we need further break down.

If one has 50 units of NASCON example, how many units does that translate to in the new dangote food.


45.8 shares
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 4:11pm On Aug 30, 2023
pluto09:



14 Ordinary shares of dangote sugar for 1 ordi ordinary share of Dangote rice?? cool


You need to consider the outstanding shares of Dangote Rice
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 4:13pm On Aug 30, 2023
Why is dangota rice value this high,I don't understand

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 4:16pm On Aug 30, 2023
emmanuelewumi:



You need to consider the outstanding shares of Dangote Rice

DRL OS fit reach like times ten of DSR.
This in my thinking is alhaji way of getting more ownership or control of his company. A real capitalist!
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 4:17pm On Aug 30, 2023
They should show us dangota rice audited financial result because I never even knew alhaji was producing rice.unless this is equally his own way to hold more shares to himself.
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 4:18pm On Aug 30, 2023
With these exchange ratio for Dangote Foods

Dangote Sugar will contribute 12.15 billion
NASCON will contribute 2.42 billion
Dangote Rice will contribute 2.78 billion


Total outstanding shares for Dangote Foods will be 17.35 billion


Compared to 18 billion by BUA Foods.

If you are patient you should be able to ride Dangote Foods till N150


We should expect technical suspension any moment from now

6 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Kreos44: 4:20pm On Aug 30, 2023
Meaning if you have 14 dangsugar, you'll get 1 dangote rice. So dangote rice will be now be exchanged for dangfood finally. We still need the ratio of dangrice to dangfood to know how profitable this will be. If its 1 for 1, then listing price must far above N100 but I think it'll be more like 1 dangrice to 10 dangfood and then listed at N100
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 4:20pm On Aug 30, 2023
pluto09:


DRL OS fit reach like times ten of DSR.
This in my thinking is alhaji way of getting more ownership or control of his company. A real capitalist!


Can you show your workings on how you arrived at Dangote Rice is valued at 10 times of Dangote Sugar.
Re: Nigerian Stock Exchange Market Pick Alerts by seyisanya(m): 4:20pm On Aug 30, 2023
emmanuelewumi:
With these exchange ratio for Dangote Foods

Dangote Sugar will contribute 12.15 billion
NASCON will contribute 2.42 billion
Dangote Rice will contribute 2.78 billion


Total outstanding shares for Dangote Foods will be 17.35 billion


Compared to 18 billion by BUA Foods.

If you are patient you should be able to ride Dangote Foods till N150


We should expect technical suspension any moment from now
At 150, I'll just sack my employer!!! Lol... cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 4:22pm On Aug 30, 2023
Kreos44:
Meaning if you have 14 dangsugar, you'll get 1 dangote rice. So dangote rice will be now be exchanged for dangfood finally. We still need the ratio of dangrice to dangfood to know how profitable this will be. If its 1 for 1, then listing price must far above N100 but I think it'll be more like 1 dangrice to 10 dangfood and then listed at N100



For every 1 shares of Dangote Rice, you will get 14 shares of Dangote Sugar.


Dangote Sugar is the SI unit for the share exchange ratio. Infact it is Dangote Sugar that metamorphosed to Dangote Foods

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 4:24pm On Aug 30, 2023
emmanuelewumi:
With these exchange ratio for Dangote Foods

Dangote Sugar will contribute 12.15 billion
NASCON will contribute 2.42 billion
Dangote Rice will contribute 2.78 billion


Total outstanding shares for Dangote Foods will be 17.35 billion


Compared to 18 billion by BUA Foods.

If you are patient you should be able to ride Dangote Foods till N150


We should expect technical suspension any moment from now

At what price are they listing Dangote Foods? That's the koko.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 4:27pm On Aug 30, 2023
emmanuelewumi:
With these exchange ratio for Dangote Foods

Dangote Sugar will contribute 12.15 billion
NASCON will contribute 2.42 billion
Dangote Rice will contribute 2.78 billion


Total outstanding shares for Dangote Foods will be 17.35 billion


Compared to 18 billion by BUA Foods.

If you are patient you should be able to ride Dangote Foods till N150


We should expect technical suspension any moment from now

The ratio of DSR:NASCON:DRL is 70%:14%:16%.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 4:28pm On Aug 30, 2023
emmanuelewumi:



Can you show your workings on how you arrived at Dangote Rice is valued at 10 times of Dangote Sugar.

Didn't mention anything like value I just said something about the OS.
Valuing a company that one has not seen its by balance sheets will almost be impossible.

(1) (2) (3) ... (7220) (7221) (7222) (7223) (7224) (7225) (7226) ... (8599) (Reply)

Viewing this topic: ndept, Penboy, UncleBone, Raider76, egojeny1(f), kdaddy, HamTrad, GracefulLau, dapix, Toyrem and 2 guest(s)

(Go Up)

Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health
religion celebs tv-movies music-radio literature webmasters programming techmarket

Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10)

Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 31
Disclaimer: Every Nairaland member is solely responsible for anything that he/she posts or uploads on Nairaland.