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Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 4:55pm On Nov 17, 2023 |
thebargainhunte: NASCON and Dangote Sugar should be able to do 50% and above before 31st March 2024. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ProphetUtuocha: 5:03pm On Nov 17, 2023 |
Thrash! Rather than being a negative, it's inadvertently positive to Oando shareholders. Being close to the government in power is afterall a plus for us! phadriz: 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 5:24pm On Nov 17, 2023 |
ProphetUtuocha: You undestand the game |
Re: Nigerian Stock Exchange Market Pick Alerts by Yoast: 5:43pm On Nov 17, 2023 |
I'm yet to receive NS dividends |
Re: Nigerian Stock Exchange Market Pick Alerts by sboga: 5:56pm On Nov 17, 2023 |
The only one that that fit same minority shareholders from s delisting is the dual listing on the JSE. |
Re: Nigerian Stock Exchange Market Pick Alerts by Shalom428: 6:06pm On Nov 17, 2023 |
emmanuelewumi:Most definitely 1. Forbes List 2. Rivalry with Rabiu 3. BUAFOODS at 202 Not a recommendation. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by dominic17: 6:07pm On Nov 17, 2023 |
In what basis do you think so,Please expatiate. emmanuelewumi: 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 6:33pm On Nov 17, 2023 |
Alhaji Dahiru Mangal: Wale(sitting comfy) has left the fate of Oando on NSE to its shareholders. My point is, MRS should not be topping Oando 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 6:36pm On Nov 17, 2023 |
Zagee: Did you consider the outstanding shares of MRS, |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 6:41pm On Nov 17, 2023 |
MECURE Result don land for Sept ending 2023..... No wonder they pushed out some volumes today .. https://doclib.ngxgroup.com/Financial_NewsDocs/Mecure_Industries_Plc_FS_IFRS_Q3_2023_30_10_23_signed.pdf 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 7:04pm On Nov 17, 2023 |
Shalom428: Forbes list may come out first week of April, 2024. |
Re: Nigerian Stock Exchange Market Pick Alerts by Shalom428: 7:08pm On Nov 17, 2023 |
thebargainhunte:One of the reasons why Alhaji will have to put things in order before first week of April , 2024. |
Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 7:10pm On Nov 17, 2023 |
emmanuelewumi:I have that instinct. The dividend that NASCON paid was a special dividend before the merger. He wouldn't have paid d dividend if he didn't consider the merger would have scale through before the end of first quarter 2024. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 7:14pm On Nov 17, 2023 |
Ginalex: Meristem Registrar |
Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 7:23pm On Nov 17, 2023 |
Mpeace:. Na too much dey worry u. Small boiz like us dey chase am as if our whole depend on am. I no get money for my registrar to dey carry my little dividenddey flex. |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:24pm On Nov 17, 2023 |
Shalom428: Dangote Foods at N100 will be less than 50% of the market capitalization of BUA foods at N202 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Ades1: 7:39pm On Nov 17, 2023 |
emmanuelewumi: Those who have ears, let them hear. |
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 7:43pm On Nov 17, 2023 |
emmanuelewumi:Oh that. Mirroring the OS with Seplat- Oando's only rival(on NSE) in the sector which is firing on the back of the establishment of a gas holding facility in Delta state, I would say either by shares reconstruction or organic growth, MRS will still be dwarfed by it( if they remain). Long term minority shareholders should sheath(which can be hard) their sword and accept that Oando is ready for business. |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:50pm On Nov 17, 2023 |
Zagee: Seplat has less than 800 million shares can you compare that with 12 billion shares of Oando? 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 7:51pm On Nov 17, 2023 |
4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 7:54pm On Nov 17, 2023 |
emmanuelewumi:Seplat has 500million shares with less than half on free float. |
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 7:58pm On Nov 17, 2023 |
Mpeace:Same variables with Oando, but with 12billion. So, it won't be strange seeing it at 3-400h based on +ve fundamentals. The days of tank farms are over(low profit margin), ask Otedola. |
Re: Nigerian Stock Exchange Market Pick Alerts by Shalom428: 8:00pm On Nov 17, 2023 |
emmanuelewumi:Absolutely. The battle for market capitalisation will also be in play as Alhaji will not want to play a second fiddle to Rabiu. BUA foods is leading by a wide margin at the moment, and if Alhaji plans to leapfrog, DS and NS long / medium term holders will smile heavily to the bank Not a recommendation. Due diligence please. |
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 8:02pm On Nov 17, 2023 |
With Mecure 4billion os, I don't think this result is bad.Market will still review the price upwards.The stock will still touch #6.50 to #7 but as a new company at NSE,I will set my entry at #4 to 4.50 if the opportunity calls.
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Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 8:08pm On Nov 17, 2023 |
Locotrader:This company fit fly oh. I just checked the shareholders structure, and found out that just three persons[Udani by surname] own about 97% of the entire shares. Na wa oh. |
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 8:22pm On Nov 17, 2023 |
Mpeace: Pls can you post the shareholding structure. This area is very important in stock business. |
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 8:45pm On Nov 17, 2023 |
Locotrader: Arh.you are right oooo Imagine less than 100m shares for trading. I wonder how this stock is gaining 10% everyday. The stock will only be available when the free floats is up to 20%. On the other side, the company looks like a family business as major shares are being held by same surname.
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Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 8:54pm On Nov 17, 2023 |
Locotrader: |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 9:00pm On Nov 17, 2023 |
Locotrader: https://mecure.com/pdf/mecure%20Industries%20Plc%20-%20Listing%20Memorandum_Updated.pdf Page 44 |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 9:06pm On Nov 17, 2023 |
The three major shareholder are Indians. |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 11:18pm On Nov 17, 2023 |
Locotrader:see pg 2 of the statement.
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Re: Nigerian Stock Exchange Market Pick Alerts by Choiceguy: 7:52am On Nov 18, 2023 |
yMcy56: Currentprice is missing in action,what is the bedsheet saying on Oando 2 Likes |
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