Mpeace:
But I hear say dolllar touch 1400 yesterday. They claim its the rate for 25/04/2024 they will use, and the announcement would be made today.

yes. 1,410 to be precise. I want my dividend in dollar abeg . But today is qualification date so let's see what dollar will close at

Someone go just buy 5,000,000 units of Zenith in one go fiam while others dey find money to buy 1 cup of garri @200. This life no really balance at all.
Reckon, it is time a lot of us start opening or adopting a foundation to help out as much as possible.

KayOn1:


Just asking, why will I buy IEI @1.17 instead of MBenefit @0.56

Compare their P/E ratio, EPS, Outstanding shares and free float, you will find your answer.

222Martins:
Compare their P/E ratio, EPS, Outstanding shares and free float, you will find your answer.

I will look at it later today.

** Looks like Ngxgroup website has compatible issues with MacOs. Trying to access the Corporate Disclosure page and it is not coming up.

Locotrader:
Actually champions made some purchases within this 3 months. Without raising of funds.

I will like see purchases made by IB and NB if not with fund raising plans

This mean they didn't make any purchase (NIL) during the period in review.

SetrakusRa:


This mean they didn't make any purchase (NIL) during the period in review.

Yes,I was wrong

KayOn1:
Someone go just buy 5,000,000 units of Zenith in one go fiam while others dey find money to buy 1 cup of garri @200. This life no really balance at all.
Reckon, it is time a lot of us start opening or adopting a foundation to help out as much as possible.

Has Zee qualification date passed?

222Martins:
Compare their P/E ratio, EPS, Outstanding shares and free float, you will find your answer.

I will not buy IEI over MBenefit at current prices. Analysis not for public consumption.
- Negative shareholder equity.
- Why capture one off asset disposal gain and not make provision for litigation loss.
- Management expenses to Revenue ratio.

However, TA it is not bad as most people bought above 1.50 but a no for me except for a quick JIJO.

DD advised as alwayz.

Mfunkynation:

Has Zee qualification date passed?

I do not have it in my portfolio but looks like it was yesterday. Pls confirm.

KayOn1:


I do not have it in my portfolio but looks like it was yesterday. Pls confirm.

Qualification for Zenith was yesterday.
25th April

Ginalex:
yes. 1,410 to be precise. I want my dividend in dollar abeg . But today is qualification date so let's see what dollar will close at

1,309.88

So they have suceeded in dragging Wema from 12.50 to a little above 6.00 and they are still yet to credit the RI that they said will be done in January.

There will be a 2nd missionary journey.

KayOn1:
Someone go just buy 5,000,000 units of Zenith in one go fiam while others dey find money to buy 1 cup of garri @200. This life no really balance at all. Reckon, it is time a lot of us start opening or adopting a foundation to help out as much as possible.

if the 5mill unit buyer gets asked what he/she went through in the past, it will sound unbelievable when you hear their tale. As for opening a foundation, you may understudy TY Danjuma foundation. Also consider requirements and tax benefits for setting up NGo under CAC to avoid/ reduce personal liability in the future.

Universities/polytechnic (This may be a good time to payback your favourite lecturer / professor from your alma mater with research based professorial chair for the remainder of his/her tenure in that institution), Orphanage homes (to cover year round funding as pocket big reach), technical/ trade schools (open eye well or link up with a secondary school to fund a technical /trade school arm for interested youth), local hospitals are good beneficiaries.

Another option is to speak with trustee service of financial institutions who work with individuals. you decide what portion of your wealth gets disbursed monthly/quarterly/yearly. More blessings we pray so we can be a blessing to this nation and the world.

Experience: family home office project.

It is left for you to make what you want out of it. We await the second update on the exit price of Raysun...

KayOn1:


1,309.88

Thats not bad. Atleast it came close to the highest rate of yesterday. Althoigh them don chop our 10 naira.

222Martins:
It is left for you to make what you want out of it. We await the second update on the exit price of Raysun...

When do you think the bonuses will be credited to our accounts?

Locotrader:


When do you think the bonuses will be credited to our accounts?

That is left for the registrars to decide....But the more important question is: Why will the management of ChampBrew issue bonus at this point in time; right before or after the sale of Raysun's shareholding?

222Martins:
It is left for you to make what you want out of it. We await the second update on the exit price of Raysun...

I am still expecting another corporate disclosure from them on the change of Directors.

The deal btw Raysun and Enjoycorp announcement will not be now but towards the end of this quarter

Meanwhile some people wanted to crash the price today but their 100k block deals were splitted just like what someone here said some days ago on Dangote sugar using Unilever as a case study.

Abeg make una help me push champions to #5 only.My only request

Locotrader:


I am still expecting another corporate disclosure from them on the change of Directors.

The deal btw Raysun and Enjoycorp announcement will not be now but towards the end of this quarter

It is expected. Corporate takeovers and mergers & acquisitions is a very slow grinding process with lots of bottlenecks.

222Martins:
That is left for the registrars to decide....But the more important question is: Why will the management of ChampBrew issue bonus at this point in time; right before or after the sale of Raysun's shareholding?

The way I see it.This bonus is only for the 14% minority shareholders.Maybe they want to meet the 20% free float requirement from NSE since they want to keep champions listed.My opinion.
Q2 shareholding report will tell us more.

Locotrader:
Meanwhile some people wanted to crash the price today but their 100k block deals were splitted just like what someone here said some days ago on Dangote sugar using Unilever as a case study.

Abeg make una help me push champions to #5 only.My only request

I don't want to believe you fell for that "100,000 block splitting" cock and bull story. It is strictly demand and supply driven................

Locotrader:


The way I see it.This bonus is only for the 14% minority shareholders.Maybe they want to meet the 20% free float requirement from NSE since they want to keep champions listed.My opinion

Minority shareholders are just 3%, which is the free float. Akwa Ibom government with a 10% holding is not a minority shareholder.

222Martins:
That is left for the registrars to decide....But the more important question is: Why will the management of ChampBrew issue bonus at this point in time; right before or after the sale of Raysun's shareholding?

They are not making profit anytime soon(one production line), hence let us bribe them with extra shares because we know our share price will not survive what is coming if they have decided to go long with us.

Monday May 13 to May 27 are dates for closure.
Qualification date 10 May.

Seems the registrar African prudentials will credt these shares within the both dates.They are always fast in doing things.

Zagee:


They are not making profit anytime soon, hence let us bribe them with extra shares because we know our share price will not survive what is coming if they have decided to go long with us.

I have IB shares too.
They are the grandfather of losses.
Let them give us at least 1 for 20 to console us.

Even if I sell my champions bonus at #2,I will still get up to 3m.Its better than giving me dividend.

Champions can go below #3 only on general bearish market

Locotrader:
Meanwhile some people wanted to crash the price today but their 100k block deals were splitted just like what someone here said some days ago on Dangote sugar using Unilever as a case study.

Abeg make una help me push champions to #5 only.My only request

You dey find N5 exit price Before i put my N1 in Champbrew, i did a worst case scenario analysis. Raysun last takeover bid was in 2022 at N2.60.. That was what reduced the Free Float to 3%. Raysun will have to factor in inflation and FX discrepancies before agreeing to give up the stakes they worked so hard to acquire..............

Like i said, na 10% of my portfolio i deemed it wise to risk in Champbrew; after thoroughly analysing the upsides and the downsides. This is to avoid running around on Nairaland crying like ChickenLittle Anyhow the pendulum swings, i will neither lose money nor sleep.

.

Locotrader:


I have IB shares too. IB is not Champion in terms of prospect weighting so forget bonus

They are the grandfather of losses.
Let them give us at least 1 for 20 to console us.

Even if I sell my champions bonus at #2,I will still get up to 3m.Its better than giving me dividend. Happy you perceive a tank in share price and not the the 4 you HOPE for

Champions can go below #3 only on general bearish market

You have played your game well.

Zagee:


They are not making profit anytime soon(one production line), hence let us bribe them with extra shares because we know our share price will not survive what is coming if they have decided to go long with us.

Nothing concern us with production line or the bonus Na the Selling/purchase price of Raysun/EnjoyCorp be the ultimate decider of whether to go long or short.

222Martins:
You dey find N5 exit price Before i put my N1 in Champbrew, i did a worst case scenario analysis. Raysun last takeover bid was in 2022 at N2.60.. That was what reduced the Free Float to 3%. Raysun will have to factor in inflation and FX discrepancies before agree to give up the stakes they worked so hard to acquire..............

Like i said, na 10% of my portfolio i deemed it wise to risk in Champbrew..........after thoroughly analysing the upsides and the downsides. This is to avoid running around on Nairaland crying like ChickenLittle Anyhow the pendulum swings, i will not lose sleep.

It was around 5.5% when they launched the takeover bid at 2.60 but managed to get about 2%.The remaining 3% which we have now refused to sell instead asked for merging with NB.I am sure Raysun is ever ready to buy this 3% at #5 whether deal with Enjoycorp or not.Raysun can't sell a whooping 86% of shares they bought and heavy investment at champions at below #7.

222Martins:
Nothing concern us with production line or the bonus Na the Selling/purchase price of Raysun/EnjoyCorp be the ultimate decider of whether to go long or short.

Make it to the door first so we know "nothing concern you with production line"