Re: Nigerian Stock Exchange Market Pick Alerts by ProphetUtuocha: 11:12pm On Dec 10, 2023 |
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Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 5:28am On Dec 11, 2023 |
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Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 6:38am On Dec 11, 2023 |
DrAwo: As a sequel to episode 69, we chat with Mr Damilare Asimiyu (Head, Investment Research, Afrinvest West Africa) about the changing landscape in the brewing industry.
He passionately describes an investment thesis that showcases both the vast opportunities and the headwinds facing the industry at present. We discuss how 2022 was a breakout year for the brewers and how 2023 is a different kettle of fish.
Lastly, he advices the retail investors on how to strategically profit from the brewers in this season.
https://anchor.fm/value-nigeria/episodes/92--Another-look-at-the-Brewers-A-chat-with-Mr-Damilare-Asimiyu-e2d1tr5 Good listen !! 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Yoast: 6:39am On Dec 11, 2023 |
jamace: *COPIED*
FINAL EXIT OF P&G: Farewell my 1st Love.
I finished my Youth Service in Feb. 2005. I was given a letter of recommendation from where I served in Jos (Vitafoam Nig. Plc). I was scheduled for an interview at their Head Office in Oba Akran, Lagos. I was to resume in their Kano Branch as Maintenance Engineer but religious crisis happened around that time. They had to shut down the Site to forestall collateral damages. Hence, I had to officially be flung to the ocean of "labour market". My first bite of "Nigeria Happened to You".
Fast forward to 2007. I had switched to full computer engineering. I cloned Computer systems for people and repaired same in the popular Computer Village in Ikeja, Lagos. I just dey hustle anyhow to make ends meet. I always trekked from Opebi, where I was staying with the Owolabi's (May God bless that family for me) to Egbon Ojo's Office in Computer Village where I normally perch with my flash drive tied to my neck as symbol of a computer guy. It's in this state Sister Opeyemi Ajayi sent me a link to text my details to in Ibadan. I did and from that text message, my journey of 11years commenced.
I sincerely didn't know how big P&G was. I already passed UAC Management Trainee Test, scheduled for their Medical when P&G interviews were going on. A classmate I met at UAC in Lagos complained about their work culture, which was not too palatable. I shared my predicament with Pastor Kehinde Owolabi who told me how big the Company was in UK where he stayed for years. How Nigerians even lobbied and prayed to be their adhoc staff. This made me settle for P&G as my First Career Love. I resumed Sept. 13, 2007.
P&G would first host you for a month in Kakanfo Hotel in Ibadan if you didn't have anyone to stay with in Ibadan. All bills on them. The Company had bus that conveyed you to and fro the designated Bus Stop. You're trained about the culture of the Company for One Month. Free healthcare in the best hospitals in Ibadan and Lagos. Quality food at the canteen. My first salary was huge then because of all the prorated allowances. For the first time, I was treated with dignity. Naturally, the company gave me a sense of ownership till tomorrow.
Chief Olusegun Obasanjo might have his negatives but Ebora Owu knows Economics. He blocked border against products being manufactured in Nigeria. Businesses were booming. We work round the clock to meet up with orders from distributors. We only shut down on 24th December and startup night of 25th. Same thing for New Year Anniversary. We shut down on the 31st, start up 1st January Night. Full operation by 2nd. We couldn't cope with the demands. P&G had to be forced to invest more in Nigeria.
I first travelled out of Nigeria courtesy of my First Love, P&G. I, with four others were sent on an automation training with Rockwell Automation in UK. Our Nigerian coursemates for that One Month were people from Total, Mobil, etc. No manufacturing company dared such investment but the almighty P&G. You're escorted even to Visa Office by Mobile Police entourage. You're taken to and fro the airport with same entourage. Because they see you as asset that nothing should happen to. Imagine giving "ordinary technician" such honour. That's my P&G for you.
"AGBARA, THE FUTURE."
Because of the market demands, P&G decided to expand their investments in Nigeria. Paper section of the company was relocated to Agbara. Over $300Million was invested there with state of the art facility built by Julius Berger Nig. Ltd. We had Gym facilities. We had massagers. We had table tennis. We had football pitch. We generated our own power with a massive Gas Generator. Your badge is the access to doors, offices, canteen, gym, everywhere. These were the stuffs you only saw in American movies like 24.
P&G prioritizes trainings. Some of my guys like Betiku Olubunmi Jude , Gbadamosi Adekunle , etc were on training for the new production lines in Cairo for a complete calendar year. If you're married, you could go with your family, even some that gave birth there like Samson Oloyede Johnson went with Malle that did omogwuo in Cairo. My friend even named his child after the Cairo Doctor that meant a lot to their family. That's how important you are to that Company. They value you. How would you not love such company? The Femcare guys like Stanley Emite , Aderanti Yomi , Adewale Ajibade ,etc, went to Germany for theirs. That's how big P&G was.
"Agbara, the Future" became the slogan. That was the plan before Nigeria happened to my beloved P&G. The startups for the new lines started getting extended due to our Nigerianness. Custom's policy summersaults started affecting the logistics. Border flung opened. Cheaper products littered the market courtesy of another Govt policies. 3 brand new babycare lines were brought for initial installations but only 2 could be installed. Cheaper products had taken over the market before we produced our first diaper. The "future" was punctured from the world "go".
We would produce but no one to buy. Sometimes you wanted to produce, Shell might tell you, they couldn't supply gas to power you generator. You had to switch to expensive diesel to power the other diesel generators to produce to meet up with the little demands. To transport the finished products became a challenge too. The roads were horrible. Containers doing gymnastics by summersaulting anyhow on those gully-holes (because those were not potholes). I even learnt the companies around the axis like GSK, UNILEVER, P&G, to mention but few approached the State Govt and proposed to fix the road with a possible tax waivers to no avail. They told them to bring the money while their works ministry help them fix it. The companies backed out because of the integrity of the govt. Hence, the road became unpassable over time.
I will be hypocritical if I failed to mention few of the damages done inhouse. Before we even left Ibadan, stories of how pallets of products were disappearing in Alomaja wearhouse became regular news. To the point that a whole truckload of products was rumoured missing... T'ori Olorun! Guys became overnight millionaires at the expense of the company. Contracts were inflated anyhow. One that I was particularly privy of: Our chiller had issues. I and Oluwatomisin Adeoluwa Adetola narrowed it down to a defective Compressor. We sourced for a supplier online that promised to bring it the next morning. Price was #600k with installations. We presented it to the TSG Manager then. He claimed it won't fly since the guy was not on the list of suppliers. Lo and behold, the guy given it to presented #2.4m. He couldn't even fix the electrical connections, I was the one compelled to fix it for him. How that made sense to anyone I don't know.
Agbara ceased to be the future courtesy of both external and internal self-destructive birthed out of greed and untamed avarice. The investors borrowed us $300m at the exchange rate of less than #200/$. In Buhari's first 6months, it had jumped to #500. He fell ill and Prof. Osinbajo was able to stabilize it at #350/$. P&G had no alternative than to do all it could to stay afloat business-wise. Gradual retrenchment was introduced. Flow-to-work became the mantra. Before the next OGSM in 2018, it was decided Agbara plant should shut down! Hundreds of professionals retrenched. I remember the words of Akinola Jibola while we were powering down Babycare Line 1: "We are shutting down what should put foods on the tables of the generations to come." It daily rings in my ears.
I hoped against hope P&G would come back but it won't. I first heard about it from a top echelon before it became 'kariile' news. You prayed such news shouldn't be true. No one finds it easy to share the demise of his loved ones. Adieu my 1st Career Love. You actually "Improved and touched our lives". You meant well but we honestly don't deserve you. We messed you up. If you're only being abused by outsiders, you could have stayed but abuse by your loved ones was the last straw that broke the camel's back. All your "offsprings" like Ariel, Pampers, Always, Duracell, Oral B, etc would always have my endorsement any day, anytime. Love you P&G. Culture will always eat strategy for breakfast. Our bad culture generally is the number one reason we are in a big mess. So sad 7 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Trojan8(m): 7:20am On Dec 11, 2023 |
DrAwo: As a sequel to episode 69, we chat with Mr Damilare Asimiyu (Head, Investment Research, Afrinvest West Africa) about the changing landscape in the brewing industry.
He passionately describes an investment thesis that showcases both the vast opportunities and the headwinds facing the industry at present. We discuss how 2022 was a breakout year for the brewers and how 2023 is a different kettle of fish.
Lastly, he advices the retail investors on how to strategically profit from the brewers in this season.
https://anchor.fm/value-nigeria/episodes/92--Another-look-at-the-Brewers-A-chat-with-Mr-Damilare-Asimiyu-e2d1tr5 My Oga 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:19am On Dec 11, 2023 |
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Re: Nigerian Stock Exchange Market Pick Alerts by ProphetUtuocha: 9:32am On Dec 11, 2023 |
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Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:43am On Dec 11, 2023 |
1 Like 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 9:47am On Dec 11, 2023 |
500bn recapitalisation being mooted |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 9:57am On Dec 11, 2023 |
Zagee: 500bn recapitalisation being mooted For Oando abi na for who |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:04am On Dec 11, 2023 |
Mpeace: For Oando abi na for who 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 10:28am On Dec 11, 2023 |
It looks like people are no more keen on selling shares at give away prices this morning. As offers at low prices are not forth coming. The FBNH buyer or buyers will be forced to buy at higher prices if their accumulation must continue. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 10:56am On Dec 11, 2023 |
Mpeace: For Oando abi na for who It's for Banks 1 Like 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Boshins: 11:47am On Dec 11, 2023 |
The house dry o.....wetin dey sup? |
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 11:57am On Dec 11, 2023 |
Boshins: The house dry o.....wetin dey sup? The house may look dry but market is looking up.Do I call it xmas bull or whatever.After this bull, na to pitch tent in dividend stocks. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 12:43pm On Dec 11, 2023 |
WEMA Rights Issue of 8,572,103,573 Ordinary Shares of N0.50 each at N4.66 per share on the basis of two (2) new Ordinary Shares for every three (3) Ordinary Shares held as at the close of business on September 28, 2023
Acceptance List Opens: December 11, 2023 | Acceptance List Closes: December 29, 2023
This rights offer is rapid !!!! |
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 1:19pm On Dec 11, 2023 |
BabsO2: WEMA Rights Issue of 8,572,103,573 Ordinary Shares of N0.50 each at N4.66 per share on the basis of two (2) new Ordinary Shares for every three (3) Ordinary Shares held as at the close of business on September 28, 2023
Acceptance List Opens: December 11, 2023 | Acceptance List Closes: December 29, 2023
This rights offer is rapid !!!!
They want to raise about 39billion. But for what purpose? CBN recapitalization might require them to raise further cash. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by netotse(m): 1:22pm On Dec 11, 2023 |
BabsO2: WEMA Rights Issue of 8,572,103,573 Ordinary Shares of N0.50 each at N4.66 per share on the basis of two (2) new Ordinary Shares for every three (3) Ordinary Shares held as at the close of business on September 28, 2023
Acceptance List Opens: December 11, 2023 | Acceptance List Closes: December 29, 2023
This rights offer is rapid !!!!
I expect the price of the stock to fall towards that level then |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 1:28pm On Dec 11, 2023 |
Eti on full bid. |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 1:37pm On Dec 11, 2023 |
Is it live? BabsO2: WEMA Rights Issue of 8,572,103,573 Ordinary Shares of N0.50 each at N4.66 per share on the basis of two (2) new Ordinary Shares for every three (3) Ordinary Shares held as at the close of business on September 28, 2023
Acceptance List Opens: December 11, 2023 | Acceptance List Closes: December 29, 2023
This rights offer is rapid !!!!
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Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:57pm On Dec 11, 2023 |
1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 2:30pm On Dec 11, 2023 |
Buy CWG, the rally continues.... |
Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 2:34pm On Dec 11, 2023 |
ETI is too risky now, if you wanna get in then wait for a retracement to 18.1 region megawealth01: |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:38pm On Dec 11, 2023 |
PuristForest: ETI is too risky now, if you wanna get in then wait for a retracement to 18.1 region |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 2:45pm On Dec 11, 2023 |
KarlTom: Is it live?
It should be looking at the date. Got the notification from a stockbroker. But have not seen it yet on NGX website. Perhaps it's on the way there. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 2:56pm On Dec 11, 2023 |
Stock picks for the week /entry target / potentials [do your own research]...purely technical
UPDC 1.197 1.45 23% Royalex 0.54 0.8 50% (has good upside potential >100% long term) ftncocoa 1.23 (this is a bit risky as it can slip to about 1 region before retracement- goto wait) |
Re: Nigerian Stock Exchange Market Pick Alerts by PuristForest: 3:09pm On Dec 11, 2023 |
will try and be posting some of my picks and trades here...just for folks that may be interested...im a purely technical trader, i believe in fundamentals but i've been long enough in the game to know that the chart says it all. A lot of people may disagree and say otherwise but this have made me Ms in the market so far. Today, i added 100K units of CWG position and tomorrow, might look at picking some Champion Breweries because i see a short retracement taking place though i think it has not completed its correction. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Kereokwu(f): 3:17pm On Dec 11, 2023 |
This got me emotional even though I dont work there, somehow these things affect us all. May God heal Nigeria. jamace: *COPIED*
FINAL EXIT OF P&G: Farewell my 1st Love.
I finished my Youth Service in Feb. 2005. I was given a letter of recommendation from where I served in Jos (Vitafoam Nig. Plc). I was scheduled for an interview at their Head Office in Oba Akran, Lagos. I was to resume in their Kano Branch as Maintenance Engineer but religious crisis happened around that time. They had to shut down the Site to forestall collateral damages. Hence, I had to officially be flung to the ocean of "labour market". My first bite of "Nigeria Happened to You".
Fast forward to 2007. I had switched to full computer engineering. I cloned Computer systems for people and repaired same in the popular Computer Village in Ikeja, Lagos. I just dey hustle anyhow to make ends meet. I always trekked from Opebi, where I was staying with the Owolabi's (May God bless that family for me) to Egbon Ojo's Office in Computer Village where I normally perch with my flash drive tied to my neck as symbol of a computer guy. It's in this state Sister Opeyemi Ajayi sent me a link to text my details to in Ibadan. I did and from that text message, my journey of 11years commenced.
I sincerely didn't know how big P&G was. I already passed UAC Management Trainee Test, scheduled for their Medical when P&G interviews were going on. A classmate I met at UAC in Lagos complained about their work culture, which was not too palatable. I shared my predicament with Pastor Kehinde Owolabi who told me how big the Company was in UK where he stayed for years. How Nigerians even lobbied and prayed to be their adhoc staff. This made me settle for P&G as my First Career Love. I resumed Sept. 13, 2007.
P&G would first host you for a month in Kakanfo Hotel in Ibadan if you didn't have anyone to stay with in Ibadan. All bills on them. The Company had bus that conveyed you to and fro the designated Bus Stop. You're trained about the culture of the Company for One Month. Free healthcare in the best hospitals in Ibadan and Lagos. Quality food at the canteen. My first salary was huge then because of all the prorated allowances. For the first time, I was treated with dignity. Naturally, the company gave me a sense of ownership till tomorrow.
Chief Olusegun Obasanjo might have his negatives but Ebora Owu knows Economics. He blocked border against products being manufactured in Nigeria. Businesses were booming. We work round the clock to meet up with orders from distributors. We only shut down on 24th December and startup night of 25th. Same thing for New Year Anniversary. We shut down on the 31st, start up 1st January Night. Full operation by 2nd. We couldn't cope with the demands. P&G had to be forced to invest more in Nigeria.
I first travelled out of Nigeria courtesy of my First Love, P&G. I, with four others were sent on an automation training with Rockwell Automation in UK. Our Nigerian coursemates for that One Month were people from Total, Mobil, etc. No manufacturing company dared such investment but the almighty P&G. You're escorted even to Visa Office by Mobile Police entourage. You're taken to and fro the airport with same entourage. Because they see you as asset that nothing should happen to. Imagine giving "ordinary technician" such honour. That's my P&G for you.
"AGBARA, THE FUTURE."
Because of the market demands, P&G decided to expand their investments in Nigeria. Paper section of the company was relocated to Agbara. Over $300Million was invested there with state of the art facility built by Julius Berger Nig. Ltd. We had Gym facilities. We had massagers. We had table tennis. We had football pitch. We generated our own power with a massive Gas Generator. Your badge is the access to doors, offices, canteen, gym, everywhere. These were the stuffs you only saw in American movies like 24.
P&G prioritizes trainings. Some of my guys like Betiku Olubunmi Jude , Gbadamosi Adekunle , etc were on training for the new production lines in Cairo for a complete calendar year. If you're married, you could go with your family, even some that gave birth there like Samson Oloyede Johnson went with Malle that did omogwuo in Cairo. My friend even named his child after the Cairo Doctor that meant a lot to their family. That's how important you are to that Company. They value you. How would you not love such company? The Femcare guys like Stanley Emite , Aderanti Yomi , Adewale Ajibade ,etc, went to Germany for theirs. That's how big P&G was.
"Agbara, the Future" became the slogan. That was the plan before Nigeria happened to my beloved P&G. The startups for the new lines started getting extended due to our Nigerianness. Custom's policy summersaults started affecting the logistics. Border flung opened. Cheaper products littered the market courtesy of another Govt policies. 3 brand new babycare lines were brought for initial installations but only 2 could be installed. Cheaper products had taken over the market before we produced our first diaper. The "future" was punctured from the world "go".
We would produce but no one to buy. Sometimes you wanted to produce, Shell might tell you, they couldn't supply gas to power you generator. You had to switch to expensive diesel to power the other diesel generators to produce to meet up with the little demands. To transport the finished products became a challenge too. The roads were horrible. Containers doing gymnastics by summersaulting anyhow on those gully-holes (because those were not potholes). I even learnt the companies around the axis like GSK, UNILEVER, P&G, to mention but few approached the State Govt and proposed to fix the road with a possible tax waivers to no avail. They told them to bring the money while their works ministry help them fix it. The companies backed out because of the integrity of the govt. Hence, the road became unpassable over time.
I will be hypocritical if I failed to mention few of the damages done inhouse. Before we even left Ibadan, stories of how pallets of products were disappearing in Alomaja wearhouse became regular news. To the point that a whole truckload of products was rumoured missing... T'ori Olorun! Guys became overnight millionaires at the expense of the company. Contracts were inflated anyhow. One that I was particularly privy of: Our chiller had issues. I and Oluwatomisin Adeoluwa Adetola narrowed it down to a defective Compressor. We sourced for a supplier online that promised to bring it the next morning. Price was #600k with installations. We presented it to the TSG Manager then. He claimed it won't fly since the guy was not on the list of suppliers. Lo and behold, the guy given it to presented #2.4m. He couldn't even fix the electrical connections, I was the one compelled to fix it for him. How that made sense to anyone I don't know.
Agbara ceased to be the future courtesy of both external and internal self-destructive birthed out of greed and untamed avarice. The investors borrowed us $300m at the exchange rate of less than #200/$. In Buhari's first 6months, it had jumped to #500. He fell ill and Prof. Osinbajo was able to stabilize it at #350/$. P&G had no alternative than to do all it could to stay afloat business-wise. Gradual retrenchment was introduced. Flow-to-work became the mantra. Before the next OGSM in 2018, it was decided Agbara plant should shut down! Hundreds of professionals retrenched. I remember the words of Akinola Jibola while we were powering down Babycare Line 1: "We are shutting down what should put foods on the tables of the generations to come." It daily rings in my ears.
I hoped against hope P&G would come back but it won't. I first heard about it from a top echelon before it became 'kariile' news. You prayed such news shouldn't be true. No one finds it easy to share the demise of his loved ones. Adieu my 1st Career Love. You actually "Improved and touched our lives". You meant well but we honestly don't deserve you. We messed you up. If you're only being abused by outsiders, you could have stayed but abuse by your loved ones was the last straw that broke the camel's back. All your "offsprings" like Ariel, Pampers, Always, Duracell, Oral B, etc would always have my endorsement any day, anytime. Love you P&G. 6 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Nigerialabalaba: 4:09pm On Dec 11, 2023 |
Yoast:
Culture will always eat strategy for breakfast. Our bad culture generally is the number one reason we are in a big mess. So sad Pesin wey join P&G for 2005 na small boi. Dat same P&G don be sector leader since wen dat pesin dey primary school just like Nigerian Cable & Wires wey don kaput now. All dis indomie generation dey always tink say d tori of everything today start for year 2000 and above. Yeye. Company wey no sharp, competitors go beat am wella! No mercy o. Tell am about Tiger foods wey buy Dangote flour but na gbese until dem return am to Dangote for N1 as dem no get sense. Dat same Dangote flour, Olam pay billions to buy am from Dangote. Me I no send any business wey competitors dey beat now, na so dem too beat people wey dem meet for market before o. Hogwarthtrades:
The statement of "only mining company that has mine" is not true, Thor exploration is a "Canadian" company based in nigeria (Though listed on LSE and Canada),it has gold mines in Osun state, Lithium exploration is underway as well. Oga mi, Thor no be Naija company and dem no dey sell dem stocks for our Nigeria Stock Exchange o. Read wetin Aruna Kebira said about Multiverse for dis last weekend. • What is driving the growth in Multiverse? Is it a good buy at N9.39?
Multiverse is also in the business of gold mining, and if you watch the New Gold ETF in the market, you will discover that there have been a lot of activities there. At the failure of other sectors of the world economy, Investors are jostling to hold Gold as a store of value. Market participants believed that if that is true, there would be value in Multiverse and all that it does, considering the low price at which it was trading. https://stocksng.com/stock-market-review-december-11-2023/Igi pawpaw o ni wo pawa o. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by dipoolowoo: 5:03pm On Dec 11, 2023 |
2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 6:28pm On Dec 11, 2023 |
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Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 10:07am On Dec 12, 2023 |
Market is doing justice to Tip A very good stock to have in a portfolio. May this stock see #2 before December 31st. |