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Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 10:35am On Apr 20 |
Streetinvestor2: Yes,champion was moribund and NB came and resurrect it.They did well. Same NB has caged the company and restricted the products and made champion a regional company and also looking for a way to take it away from Akwa Ibom corporation to make it private. Let them pull out and allow another investor to come in and do their own work.2 captains can't be in a boat nah.If not Imo Abasi,by now,Raysun would have milked the company dry in other to succeed in the mandatory take over bid.Take a look at the financials you will know champion is healthy. Why should NB pull out in a healthy company is the question? Champion can only get better at their exit.Let their exit price be #10 self let's have another breathe of life. Remember you still never given any answer to my question.I want to know the worst that can happen to champion as NB a fellow competitor is pulling out..... |
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 11:02am On Apr 20 |
@ streetinvestor2, The primary aim of Raysun coming into the board of champion brew was to take it 100% and go private with it in order to boost NB. Their current actions said it all. Again NB has been running the company for almost a decade now,why didn't they expand the company and products to other regions if they meant well for champions? Do you think they will allow champion products to be available where NB products are dorminating?NO They purposely kept champions low and use them to be packaging NB products. Since they can't get the 14% minority shares which Akwa Ibom corporation is included and dragging head with them,they have to leave. Go back to the street and make more investigations and tell me what you discovered because you never given me a definite and convincing answer. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 11:07am On Apr 20 |
Locotrader: Funny question you're asking, what is the worst thing that will happen to you tomorrow? You'd better sell your Champion now and invest it in DS. Forget the brouhaha that is going on now, Dangote Foods will come, and we will see #180 and above. Worst case, Dangote will throw in his pasta and tomato paste to sweeten the deal. I am trying to sell some of what I bought higher to buy again lower. I have seen the structures Dangote has put in place for rice production and milling, and I know he doesn't do things halfway; he is not a slacker from what I see and will follow this through. |
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 11:09am On Apr 20 |
ositadima1: Chai My nightmare. My uncle's name is "until we see". Mgbeahuru in Igbo |
Re: Nigerian Stock Exchange Market Pick Alerts by freeman67: 11:34am On Apr 20 |
Hedgefunds: Ok. Na to contact GTL be that na cos me I never see. |
Re: Nigerian Stock Exchange Market Pick Alerts by freeman67: 11:35am On Apr 20 |
IYGEAL: Once, I collect this 1 Naira now I go ask them to delete am. |
Re: Nigerian Stock Exchange Market Pick Alerts by 222Martins(m): 11:43am On Apr 20 |
Locotrader: Raysun (Heineken BV) revamped Champion Brewery yes, but rather than grow the company, they simply turned it into a production line for NB. They know the potential of ChampionBrew, hence they needed to make it look troubled, so as to have enough justification to go private. ChampionBrew has a supply problem, not demand. Why contract brew for NB, when you can make more products with the same resources and signup more distributors in other states? Champion products should be the dominant market leader in the South South, as their factory location gives them a competitive advantage in price. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 11:53am On Apr 20 |
Locotrader:NB is the best thing that ever happened to champion. And NB is pulling out because of this things you mentioned here.The majority in the 14% in champion are not allowing champion to breath and are ok with it remaining local champion because they see it as thr birth right and not a plc.This is what NB has struggled to over come after bringing the company back to life.And this was what killed champion in the first place. Champion is a local champion and will remain so if that birth right,our state property,our management decision and position must stand mentality doesn't change...this is why NB is leaving after heavy investment. I will not touch champion now that NB is leaving till the new owners come and able to wristle the gods of the land from champion. The gods of the land don't know what is percentage in the ownership structure of champion. All they know is they own champion as has been passed on to them by politicians and elders.It is you and I that know percentage in ownership. This is why I like the name imo.This new guys have they been in brewery business or just guys with cash and have people like imo as friends. Won't talk about champion again. NB pulling out for now to what I know is a red flag. I follow be insider for that company as I like the tiger nut malt which was out of stock during Easter |
Re: Nigerian Stock Exchange Market Pick Alerts by 222Martins(m): 12:15pm On Apr 20 |
Streetinvestor2:Relax!!! We are not riding with ChampBrew to heaven or hell or wherever they may be heading to. We just want them to buy us out or give us a good exit price We also understand the risk involved, that's why it constitutes just 10% of my portfolio. |
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 12:27pm On Apr 20 |
Streetinvestor2:As an Akwa Ibom guy, I don't like how to talk about my state own property like that. Will you sell your birth right out just to be a boy in your birth right? |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 12:41pm On Apr 20 |
Mfunkynation:Oga no vex.i no talk again. Loco you can now use your tongue to count your teeth. Loco you see wahala way you wan bring,lol |
Re: Nigerian Stock Exchange Market Pick Alerts by 222Martins(m): 1:06pm On Apr 20 |
Mfunkynation:No one is taking your birthright away Just buy us out or give us a good exit price for our afolabi units.. You can keep your state property... |
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 1:32pm On Apr 20 |
Streetinvestor2: The seweetest thing to me is the price they are exiting at after a huge investment in champion. @ #10,I can decide to walk away or ride on with enjoycorp who will not like their value to be eroded.It is a win win to me with both parties 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by webizone(m): 1:37pm On Apr 20 |
Guys, I think it's time to sell off and buy high yield bonds. Mainly from my analyses of international markets, not necessarily NSE. What do you think? Meanwhile, I need to know which broker is the absolute best for trading the NSE? 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 1:38pm On Apr 20 |
222Martins: Aby my brother.I am there because of the exit price which will be far above the current price.When I see the money,I have to walk away and leave the state property. This state people must be commended for protecting the minority who were offered peanut (#2.60) by Raysun sometimes ago. We are going to make some money in champion very soon 2 Likes 2 Shares |
Re: Nigerian Stock Exchange Market Pick Alerts by sky2891: 1:45pm On Apr 20 |
Mpeace:Could this be in preparation for the next step OandO will take after the court ruling? Just thinking... 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by 222Martins(m): 1:52pm On Apr 20 |
Locotrader:Yeah!! There's so much upside and prospect in this ChampBrew.........I am just waiting to hear the plan/strategy of the new management, if i like it, i will go in for the long haul. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by 222Martins(m): 1:57pm On Apr 20 |
Locotrader:There have been a lot of speculation about the final exit price of Raysun...But i don't want to count my chicks before they are hatch because i know that whatever the exit price may be, i must make money. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by kolaish(m): 2:04pm On Apr 20 |
megawealth01:He once expressed his personal opinion that he thinks Oando will delist. But then, with the way I am seeing things, I doubt if Wale has the intention to delist Oando from NGX. The Wale that I know would have had no problem delisting Oando if he want to do it because he would have hasten/fast track the court processes towards it, remember this is Nigeria and the person we are talking about is a close ally of the presid... In addition, if Oando still want to delist in the near future, they wouldn't have made any effort/statement to release the 2022 & 2023 AFS after they were suspended by the JSE. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 2:05pm On Apr 20 |
Streetinvestor2: He is a son of the soil. He should defend his state property nah. Those companies into mining can't make any decision without the community people and leaders. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 3:03pm On Apr 20 |
chillykelly86: NIDF qtrly distribution also dropped. Enjoy!! 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 3:12pm On Apr 20 |
Streetinvestor2:you just got me cracking 🤣😂🤣... so you can run like this! My state government didn't want to sell out the company. They just want an investor that will help it to thrive and grow while they still have a say in the operation of it. No Fear! |
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 4:04pm On Apr 20 |
Mfunkynation: I really appreciate their effort in defending their right and that of shareholders but let them start rewarding their patience shareholders with dividends and bonuses.With these,they will sail through |
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 4:19pm On Apr 20 |
222Martins: Even if they reverse now and merge champion with NB which has been the wish of Akwa Ibom corporation and other minority shareholders,it's also a win win for champion shareholders but Greedy Raysun will not do it. |
Re: Nigerian Stock Exchange Market Pick Alerts by Bagwa: 4:42pm On Apr 20 |
I never posted here but today I will share my own info Oando will not delist😇 This court case its just and arrangement between that 14 Minority shareholders and Oando, because they don’t want price to high, they can accumulate you can, believe me if you noticed the volume of oando trading everyday 😁 And if they release 2022 and 2023 AFS Oando is well undervalued at its current price, oando is a stock of 100+ Thank me latter 5 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 4:44pm On Apr 20 |
IYGEAL:Thanks sir. @presiade you see what I was telling you? It was allowed before but not anymore..... Maybe the person you spoke with wasn't aware of the new changes yet.... |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 4:51pm On Apr 20 |
2zona:Oga, na Alhaji Dangote and the Dangote Group we dey talk about o. Anyone wey wan sell should sell, but any positive thing can happen anytime along the line again..... 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 5:28pm On Apr 20 |
yMcy56: Ok. If I’m able to complete the process as they requested, I will give an update next week. That way, we can all learn the current situation of things. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:30pm On Apr 20 |
kolaish: Time will tell until then... OANDO is a heavy gamble |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 8:48pm On Apr 20 |
megawealth01: A sizeable chunk of daily trades over the last two years ! |
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 9:38am On Apr 21 |
megawealth01: As they say ... "Nothing risked nothing gained" |
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