@yMcy56 any news on Transcorp PLC with the level of early morning trade it had this morning!!!

ogoo4real:
@yMcy56 any news on Transcorp PLC with the level of early morning trade it had this morning!!!

No be small thing.... Insider dealings...
Around 90M units in cross deals/trading up to 13....
Maybe the SEC approval for reconstruction is getting close...
Some Ogas knows what we don't know.... TRANSCORP go surprise many

Meanwhile, OANDO is now sighted @15!!

MTNN : More pickups @200

UCAP: Resumed on full bid @26.50

ogoo4real:
@yMcy56 any news on Transcorp PLC with the level of early morning trade it had this morning!!!

the thing surprise me o....a single trade of more than 66m was made.

yMcy56:

No be small thing.... Insider dealings...
Around 90M units in cross deals/trading up to 13....
Maybe the SEC approval for reconstruction is getting close...
Some Ogas knows what we don't know.... TRANSCORP go surprise many

Meanwhile, OANDO is now sighted @15!!

MTNN : More pickups @200

UCAP: Resumed on full bid @26.50

Surprise! Surprise!! Surprise!!!

yMcy56:

No be small thing.... Insider dealings...
Around 90M units in cross deals/trading up to 13....
Maybe the SEC approval for reconstruction is getting close...
Some Ogas knows what we don't know.... TRANSCORP go surprise many

Meanwhile, OANDO is now sighted @15!!

MTNN : More pickups @200

UCAP: Resumed on full bid @26.50

My bet naija stock back to #15,lol
All the guys talking about o and o. Pls can they equally tell me what south investors are seeing in jse and buying my bet naija stock above #16.Are they not seeing the delisting happening again

Streetinvestor2:
My bet naija stock back to #15,lol
All the guys talking about o and o. Pls can they equally tell me what south investors are seeing in jse and buying my bet naija stock above #16.Are they not seeing the delisting happening again

Shey these Cross Dealers aren't aware of court case ni? Lol.
The more we look, the less we see....

** Caveat: At owner's risk.

yMcy56:

Shey these Cross Dealers aren't aware of court case ni? Lol.
The more we look, the less we see....

** Caveat: At owner's risk.

Hmmmmm 🤔

BabsO2:


You wrote earlier that OANDO used to pay relatively good dividends before the upstream acquisitions. After the acquisitions things got really rough. Likely due to over-payment for the assets and the down turn in the oil industry immediately after the acquisition. Hence there is antecedent that Wale led management pays dividends when the company makes money.

On the delisting issue. There is a possibility this was triggered by the power tussle to over throw Wale led management and the imposition of a new management by SEC to replace the Wale led one. Now that that tussle is over and Wale in the last AGM stated clearly that they had to pay off some shareholders, I guess the FAT troubling shareholders are already out. But since the delisting card was already started and the bus already left the station before the FAT shareholder was paid off to exit peacefully, the bus will continue in motion till it comes to a stop. Wale said delisting may happen and it may not happen. Wale said paying dividends is not an issue once the turnaround goes smoothly with distributable incomes. That this should not be an issue since they earn in $$$$$$s

All you said are nothing but the truth about the situation in Oando.

yMcy56:

Shey these Cross Dealers aren't aware of court case ni? Lol.
The more we look, the less we see....

** Caveat: At owner's risk.

Lol,Delisting fit happen in the far future but it is not happening soon.wale need to join the billion dollar gang via nse for now from his recent moves...my street credibility tells me that

On another news ucap looks to be helping Apr ministry. Though they have been coming up with innovation of recent. They should just try to improve on thr dividend. I still get afolabi units thr at below #2 naira

Please I want to know if I can claim my parents unclaimed dividends

Streetinvestor2:
Lol,Delisting fit happen in the far future but it is not happening soon.wale need to join the billion dollar gang via nse for now from his recent moves...my street credibility tells me that

On another news ucap looks to be helping Apr ministry. Though they have been coming up with innovation of recent. They should just try to improve on thr dividend . I still get afolabi units thr at below #2 naira

this will be the story of ellah lakes and Japaul and Omatek and chams... man don hammer be dat ... I have a dream
p.s. entered UCAP below N20.. still a good buy for me

mikeapollo:


SEC just recently declined the request of PZ Cussons to buy-out minority shareholders and delist. Do your findings. Just google it. And that put a stop to their intention to delist.
As long as SEC rejects the application to delist, the company cannot delist.

This delisting has little to do with SEC. Its a court ordered delisting. SEC is not even a party to the suit.
Only the court can determine if it will succeed or not. SEC will not have a say on it.

Mpeace:
This delisting has little to do with SEC. Its a court ordered delisting. SEC is not even a party to the suit.
Only the court can determine if it will succeed or not. SEC will not have a say on it.

If that is how you see it.Sec will have to approve it at the end or could reject it if shareholders reject it at agm.The shareholders have the strongest part to play and you won't be expecting them to accept 7.07 at this present time and result
The court has no final saying otherwise they won't be asking oando to call for shareholders meeting. to get approval

SonofElElyonRet:
this will be the story of ellah lakes and Japaul and Omatek and chams... man don hammer be dat ... I have a dream
p.s. entered UCAP below N20.. still a good buy for me

I pray/hope so for the 3 companies on your list

Streetinvestor2:
If that is how you see it.Sec will have to approve it at the end or could reject it if shareholders reject it at agm.The shareholders have the strongest part to play and you won't be expecting them to accept 7.07 at this present time and result
The court has no final saying otherwise they won't be asking oando to call for shareholders meeting. to get approval

The many minority shareholders will have their say, while the few but powerful shareholders will have their way

Mpeace:
This delisting has little to do with SEC. Its a court ordered delisting. SEC is not even a party to the suit.
Only the court can determine if it will succeed or not. SEC will not have a say on it.

The SEC has a major role to play.
That is why Oando itself has applied to SEC to obtain SEC's ''no objections'' approval. The SEC is yet to respond, waiting for the final decision to see what Oando would come up with as the final offer price.
SEC can decline the request and that would be the end of the delisting.
What the court is to determine is if the applicants have the legal basis to make the request for delisting.
SEC has the mandate to decide if the delisting should be done based on market rules and regulations.
Shareholders also can shoot it down if they vote against it at the AGM.

GUINNESS.

The GUINNESS rush has tapered down after the rumored N81.60 buyout price.
However, there are some unpopular yet key information to note.
The transaction is expected to be completed by the 2025 fiscal year-end, subject to regulatory approvals.

PRO
- Tolaram has one of the largest manufacturing, marketing, and distribution networks for consumer goods in Africa.
It is the parent company of BHN Logistics, one of the largest haulage logistics companies in the country.
- "Tolaram Group likely generates more revenue than some FMCG giants like Flour Mills of Nigeria, Nestle Nigeria, and BUA Foods"

CON
- Despite its 50-year presence in the Nigerian market, it has a history of "not publicly listing any of its ventures". This could mean a potential delisting of Guinness Nigeria from the NGX.
- Diageo remains the owner of the Guinness brand and will enter into a long-term license and royalty agreement as part of the terms of the agreement. However, the cost implications of the licensing and royalty agreement are not yet known.

Do your own research, take moderate risks AND do not be greedy...

There are rules guiding every company listed on NGX


Meanwhile, outcome of VFDGROUP's AGM is out...
* Bonus approved
* Capital raise approved

https://doclib.ngxgroup.com/Financial_NewsDocs/41524_VFD_GROUP_PLC-VFD_GROUP-_RESOLUTIONS_PASSED_AT_8TH_ANNUAL_GENERAL_MEETING_CORPORATE_ACTIONS_JUNE_2024.pdf

This excerpt of the NGX Rule Book explains voluntary and regulatory delisting

A Court-Ordered Meeting of the shareholders will be convened when the delisting is as a result of a merger or other reconstruction.
And they only require 75% of the votes cast by shareholders at such EGM either in person or by proxy. (How many people dey attend EGM sef)

https://ngxgroup.com/ngx-download/rules-for-delisting-of-equity-securities-from-the-daily-official-list-of-the-exchange/?wpdmdl=26422&refresh=667e9cd5704881719573717

Hello good people. Could someone give a smart analysis of Total Vs Seplat for medium to long-term investment? I need a second set of eyes. Thank you.

https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/7267#125906712
https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/7264#125889418

Apparently, OANDO has "maradonically" played a fast one on those hoping the repeated court adjournment will once again, pave way for an opportunistic entry riding on volatility.

I just smile from the sideline when I read certain post about the coy. ...It's surprising that some folks aren't seeing the value accretive potential in the coy when all they needed to do was thoroughly peruse through their financial print, particularly the last two.
Unfortunately, many will choose to focus on a coys SPL setting aside the timely expose that often comes with proficiently and efficiently modelling the Nos in the BS and SCF.

Let me say this again; OANDO holds huge potential even @ the CMP.
A very conservative FVE places the coy @ N37.15 even if I assume zero growth in H2, 2024 and knock-off a RP equivalent to surrounding risk level.
I love how the technicals has played out. (ref: HTF set-up in view)
Even a thorough breakdown of the coys TA gives a clear clue on directional bias and price projection, but of course some aren't seeing it. (I already did an analysis on this)

I did highlight the immense potential in OANDO, 1st @ N4+ and later @ N7--8... at a time when all but a few jack believed the stock will be de-listed in the near term. ...surprisingly, they still do!
It's almost like they can't read the hand writing on the wall.

Was done talking about OANDO so I won't appear to be marketing the coy. (see link above for my last 2 post)
Those who subscribed to my outline/recommendations and investment guide--Series 1 and 2 knew exactly what they had to do.

People appear to be more concerned about antecedents/the past than what the present gives or even the future holds.
These 2 Nuggets are key!

"I know of a man who was 'drowned in the vicissitudes of the stock market'. ...his pathways was built around the PAST than the FUTURE, until the PRESENT left him behind!"
~Sinclair

"If you want to KNOW if you can SUCCEED in the stock market, then 1st find out where you fall in between SMART, INTELLIGENT and DISCERNING.
...but remember that the market has been CONFIGURED to have and work with all 3 attribute as a collective."
~Sinclair

CAVEAT: NOT to be inferred as any sought of investment advice. The need for due diligence should still take higher precedence ahead of this post.

It is well

Streetinvestor2:
I pray/hope so for the 3 companies on your list

Thanks bro

emmanuelewumi:



The many minority shareholders will have their say, while the few but powerful shareholders will have their way

Yes you are right.I saw it once at con oil last agm when I visited uyo.They easily manipulate it through the head of all this shareholders association. The oando own will not be easy to sell at #7.07 now with current realities for the management. They will have to up the price well if they still choose to delist. I remember nwaosu not happy that oando was planning to delist and asked con oil management not to contemplate such move

One eruola mgbe ayi ji agba ibara, ...

Them Tori no get end
https://doclib.ngxgroup.com/Financial_NewsDocs/41532_NPF_MICROFINANCE_BANK_PLC-DELAY_IN_FILING_FINANCIAL_STATEMENTS_CORPORATE_ACTIONS_JUNE_2024.pdf

OANDO

onegentleguy:
https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/7267#125906712
https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/7264#125889418

Apparently OANDO has "maradonically" played a fast one on those hoping the repeated court adjournment will once again, pave way for an opportunistic entry riding on volatility.

I just smile from the sideline when I read certain post about the coy. ...It's surprising that some folks aren't seeing the value accretive potential in the coy when all they needed to do was thoroughly peruse through her financial print, particularly the last two.
Unfortunately, many will choose to focus on a coys SPL setting aside the timely expose that often comes with proficiently and efficiently modelling the Nos in the BS and SCF.

Let me say this again; OANDO holds huge potential even @ the CMP.
A very conservative FVE places the coy @ N37.15 even if I assume zero growth in H2, 2024 and knock-off a RP equivalent to surrounding risk level.
I love how the technicals has played out. (ref: HTF set-up in view)
Even a thorough breakdown of the coys TA gives a clear clue on directional bias and price projection, but of course some aren't seeing it. (I already did an analysis on this)

I did highlight the immense potential in OANDO, 1st @ N4+ and later @ N7--8... at a time when all but a few jacks believed the stock will be de-listed in the near term. ...surprisingly, they still do!
It's almost like they can't read the hand writing on the wall.

Was done talking about OANDO so I don't appear to be marketing the coy. (see link above for my last 2 post)
Those who subscribed to my outline/recommendations and investment guide--Series 1 and 2 knew exactly what they had to do.

People appear to be more concerned about antecedents/the past than what the present gives or even the future holds.
These 2 Nuggets are key!

"I know of a man who was 'drowned in the vicissitudes of the stock market'. ...his pathways was built around the PAST than the FUTURE, until the PRESENT left him behind!"
~Sinclair

"If you want to KNOW if you can SUCCEED in the stock market, then 1st find out where you fall in between SMART, INTELLIGENT and DISCERNING.
...but remember that the market has been CONFIGURED to have and work with all 3 attribute as a collective."
~Sinclair

CAVEAT: NOT to be inferred as any sought of investment advice. The need for due diligence should still take higher precedence ahead of this post.

It is well

on top Oando?

vacanci:


on top Oando?

No be OGG again? 😂

vacanci:


on top Oando?

I swear lmao. Until that thing closes above 16 Naira, all this one is just story. Even the first link he used as reference, oando was 14.6 Naira in September 2023. Today it’s is 15 Naira. Almost one year after. Abeggi

Agbalowomeri:


No be OGG again? 😂

I have little interest in the Oando discussion but I don't like referring to 40% of my portfolio as that thing (lol). We wey dey gamble am, Na our risk ooo

You have little interest in 40% of your portfolio?

I'm lost

Payunsin:
I have little interest in the Oando discussion but I don't like referring to 40% of my portfolio as that thing (lol). We wey dey gamble am, Na our risk ooo

bovali:

I swear lmao. Until that thing closes above 16 Naira, all this one is just story. Even the first link he used as reference, oando was 14.6 Naira in September 2023. Today it’s is 15 Naira. Almost one year after. Abeggi

I am yet to see your own stock recommendations or call here.You are quick to point finger on others own.All this knew moniker that is only here for attack purposes