Dangotesugar food scheme is finally out

https://doclib.ngxgroup.com/Financial_NewsDocs/39362_DANGOTE_SUGAR_REFINERY_PLC-DANGOTE_SUGAR_REFINERY_PLC_-_UPDATE_ON_PROPOSED_MERGER_CORPORATE_ACTIONS_AUGUST_2023.pdf guru's in the house over to you,break it down for us

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

Princkez:
https://doclib.ngxgroup.com/Financial_NewsDocs/39362_DANGOTE_SUGAR_REFINERY_PLC-DANGOTE_SUGAR_REFINERY_PLC_-_UPDATE_ON_PROPOSED_MERGER_CORPORATE_ACTIONS_AUGUST_2023.pdf....pls guru's in the house over to you,break it down for us

why ie no dey open

customstreet:
Dangotesugar food scheme is finally out

Abeg post update

Deadlytruth:
But where is tritritri? Someone tell him that TRANSCORPSE is back alive and kicking.

U
be old hand for dis forum

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

Experts in the house please help us break it down

This is it

emmanuelewumi:
This is it

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

11 Dangote Sugar shares will be issued for every 12 NASCON shares.

Dangote Suger wil be the surviving company

emmanuelewumi:
This is it

Please let the experts in the house analysis it further for us. Thank you.

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.

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

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

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?

12 NASCON = 11 Dangote Sugar. and 14 Dangote Sugar = 1 Dangote Rice

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

pluto09:



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

You need to consider the outstanding shares of Dangote Rice

Why is dangota rice value this high,I don't understand

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!

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.

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

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

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.

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...

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

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.

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%.

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.