DANGSUGAR AGM. Today (30 April, 2024).
NASCON AGM. 23 May, 2024

Reviewed Scheme for Merger after subsequent BMs...

How low the price of DANGSUGAR will drop remains to be seen...

KarlTom:
...

Is this Q1 result?

I want to know because streetinvestor2 was very serious and optimistic about Dangote sugar's Q1.

Could it be the reason why I never hear from oga and madam today?

While salt is resilience, sugar is falling

sterlingD:
ACCESS HOLDING PLC

https://doclib.ngxgroup.com/Financial_NewsDocs/41112_ACCESS_HOLDINGS_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2024.pdf

They did very very well. 100% increase in PAT
Eps from 2.06 to 4.35. Thats great.

Streetinvestor2:
After 4:1 reconstruction of transcorp plc.Tony will manipulate it to #100 like transcorp hotel.....I believe that is the game plan

If you do me I do you,
God no go vex.
Just wait for Tony to slaughter you with his merchet.
Finally your teeth go be like goat whey they killed and roasted for fire.

Locotrader:

Is this Q1 result?

I want to know because streetinvestor2 was very serious and optimistic about Dangote sugar's Q1.

Could it be the reason why I never hear from oga and madam today?

While salt is resilience, sugar is falling

Chai....
you can look for trouble 😵‍💫

ositadima1:


I have stopped taking any statements that are based on hopeville seriously; it is the new age of evidence-based reasoning.

It is a 20 naira stock abi, and we have people buying it in the millions. 100,000 units are even uncountable.

Maybe na money miss road, or corrupt politicians abi? Lol, you may not see it at 40 by nextweek sef, they way some people are swallowing it.

Sameway few years ago some bought OANDO @#300 , Cadbury @#120 , WAPCO at #115 to mention but few today the rest is history

KarlTom:
DANGSUGAR AGM. Today (30 April, 2024).
NASCON AGM. 23 May, 2024

Reviewed Scheme for Merger after subsequent BMs...

How low the price of DANGSUGAR will drop remains to be seen...

Some insiders saw this result since yesterday and it looks more like it has been factored into the share price already.......quite a large volume was picked up today again...
Not expecting much more deviation from CP again......all things being equal.
From another info, the likelyhood that the merger talk will resume is there with the new SEC team as the first team has been sacked.
We see how things goes as time goes on....
I'm not an advocate of selling at loss except for personal reasons.....and, if the person picked much more lower.
It's well with us during this trying period.

** Pls do not take as any form of advice ooo**

KarlTom:
DANGSUGAR AGM. Today (30 April, 2024).
NASCON AGM. 23 May, 2024

Reviewed Scheme for Merger after subsequent BMs...

How low the price of DANGSUGAR will drop remains to be seen...

Hmmmmm

Will Dangote rice be excluded from the scheme of merger?

yMcy56:

Some insiders saw this result since yesterday and it looks more like it has been factored into the share price already.......quite a large volume was picked up today again...
Not expecting much more deviation from CP again......all things being equal.
From another info, the likelyhood that the merger talk will resume is there with the new SEC team.
We see how things goes as time goes on....
I'm not an advocate of selling at loss except for personal reasons.....and, if the person picked much more lower.
It's well with us during this trying period.

The things is, volume of yesrerday and today suggests something very good to come but fear no gree person pick some additional units

PETERiCHY:


Sameway few years ago some bought OANDO @#300 , Cadbury @#120 , WAPCO at #115 to mention but few today the rest is history

Chai our OANDO

At today's Dangote Sugar AGM Alhaji stated that the reason for the discontinuation of the merger is because SEC did not approve because Dangote rice is yet to commence operations. Dangote Rice is till building rice mills across the country and some are expected to be ready later in the year

When Dangote Rice commences operations the merger talks will resume.

My own take is that later in the year or early next year Dangote Sugar and NASCON may do a first step merger pending when Dangote Rice becomes operational. Alternatively, they may wait for Dangote rice to get a few years of operations under its belt and have financial statements as required. This will help DIL corner a proportion of Dangote Foods shares they had earlier planned for.

It will be Ill advised to go again this year and face another rejection. Not good for Alhaji's image.

PETERiCHY:


Sameway few years ago some bought OANDO @#300 , Cadbury @#120 , WAPCO at #115 to mention but few today the rest is history

No Biggy. Everybody gets into such situation once in a while if they are in the market.

Most people have recovered their monies many folds from that disastrous era. It's the way of the market buddy.

Another excellent result from transcorp eps from 2kobo to 61kobo
Profit after tax from 1.8billion to 35.9billion. Thats more like it.

Hope PAT no come from sale of transpower shares

FCMB is here....
https://doclib.ngxgroup.com/Financial_NewsDocs/41131_FCMB_GROUP_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2024.pdf

Abeg no company should release any bad result again o.

FCMB - 50kobo dividend proposed. I see FCMB overtaking Fidelity in price even though Fidelity released a lovely 1st Qtr result.

Hajicairo:
FCMB is here....
https://doclib.ngxgroup.com/Financial_NewsDocs/41131_FCMB_GROUP_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_APRIL_2024.pdf

Nice result. They even have a better Qtr1. KM10 triggered.

PETERiCHY:


Sameway few years ago some bought OANDO @#300 , Cadbury @#120 , WAPCO at #115 to mention but few today the rest is history

Will OANDO ever test this price again?

The management of IB deserves an award as the most consistent and predictable company in declaring losses

https://doclib.ngxgroup.com/Financial_NewsDocs/41139_INTERNATIONAL_BREWERIES_PLC.-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2024.pdf

Locotrader:


If you do me I do you,
God no go vex.
Just wait for Tony to slaughter you with his merchet.
Finally your teeth go be like goat whey they killed and roasted for fire.

You should know me by now.i don't buy stocks to trade. Most of my stock has big margin of safety. How he wan slaughter me when my BE is #2 plus.Ask mcy when it got to #18 .I ask her opinion if I should sell.My sugar BE is #24.

You see for champion you go cry blood

And today I still wanted to add afolabi units of my bet naija stock at #9 but it didn't go through. I will make sure my BE no pass #10.Thr is better chance of hopeville in it than a stock on one life line.I know say I go chop #20 any which way for thr .I pray the new owners no run leave champion within the one yr

ndept:
The management of IB deserves an award as the most consistent and predictable company in declaring losses

https://doclib.ngxgroup.com/Financial_NewsDocs/41139_INTERNATIONAL_BREWERIES_PLC.-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2024.pdf

emmaodet:

I wish the majority shareholders could buy us out.Is either the management are criminals or thr is a motive for this consistency in bad result .
Is still better to put your money here than local champion

Mpeace:
Another excellent result from transcorp eps from 2kobo to 61kobo
Profit after tax from 1.8billion to 35.9billion. Thats more like it.

Hope PAT no come from sale of transpower shares

Locotrader this hopeville is going to turn to reality.
Will you buy my school fees I E at # 1.50.
I still get ABC transport. I hear dey go soon join AIR Peace for aviation business and na London route be the target.Na for owerri market I hear the gist,lol

What will be Tony direct/ indirect holding and that of family after transcorp plc reconstruction .This may signal whr Tony is going with transcorp power shares. It is good to begin play this chase game with this men

IamR:
PRESCO PLC proposed dividend of ₦24.30

That is big....na #300 get the stock be dat

Mpeace:
The things is, volume of yesrerday and today suggests something very good to come but fear no gree person pick some additional units

Pick ke..Na to they maintain the current diabetes level jeje...

Locotrader:


If you do me I do you,
God no go vex.
Just wait for Tony to slaughter you with his merchet.
Finally your teeth go be like goat whey they killed and roasted for fire.

IamR:
PRESCO PLC proposed dividend of ₦24.30

WOW...

defebe:


Pick ke..Na to they maintain the current diabetes level jeje...

Lol.

On Another Note:
I just watched the video of the sugar Agm on youtube. And i think patience is the key. Dangote says he disagrees with SEC on the Rice issue. It appears SEC wants the Mills to start production before it can approve . He also said the jigawa mill will soon be commissioned any time from now and that they will represent their documents to SEC. He said the jigawa mill is 5time the lagos mill and they should produce up to 30% of national processing capacity.
So it appears Rice would be part of the second presentation to SEC.
Dangote did not spend much time on it.

Looks like all these pump & dump stocks are going back to there pre=pump prices. All the results, no one wey dey go use manage the other.

** They are still better than IB though.

Transcorp reverse stock split doesn’t sound nice.