GeeKudi:


Somebody should mention Jaizbank too oo

BabsO2:
Though UBA is currently more underpriced than Zenith or GTCO, its CBN mandated capital raise need to be priced closer to Zenith for several reasons.

In 2007 the public offer prices for the banks were
UBA N35.00 (rights was N34)
Zenith N38.90 (rights was N36.90)
FB N33.00 (rights was N31)
ACCESS N14.90
Fidelity N8:00
FCMB N14:00

2023 FY and 2024Q1 Book Values per share
UBA N57.37 & N73.81
Zenith N73.95 & N90.61
FB N47.88 & N52.53
ACCESS N42.34 & N **(looks lower than many quote)
Fidelity N13.67 & N14.6
FCMB N19.4 & N 22.62

Looking at earnings per share UBA, Access, Zenith and GTCO are competing strongly with Zenith in the lead and UBA attempting to drag position with GTCO. But I guess investors will place premiums on consistent dividend payout and growth. Zenith and GTCO are leading here.

GeeKudi:


Somebody should mention Jaizbank too oo

kaykomo:


Please what is Afolabi?

samguru:
Small units
@mcy help out nah

yMcy56:

Lol. Afolabi units coming from old wines. 😁

megawealth01:
https://dailytrust.com/petrol-is-n52-litre-in-libya/#:~:text=Libya

Petrol Is ₦52/Litre In Libya

samguru:



Small units

@mcy help out nah

kaykomo:


Please what is Afolabi?

KarlTom:
Be CAUTIOUS with WEMA (for now).

Bid is 'weak'

Sunrisepebble:
Hearing it will be a good week for FMN. Those that jumped into Honey, what I’m hearing is that the there is a take over offer @#4.20 on the stock by the majority shareholder, this has been public information for a while. So the activity around the stock is not justified and the stock is currently trading higher than that level

Uchetoba:
The SI unit for stocks at defunct SMN.com

samguru:




Where is onegentleguy?
Where is agba?
Where is currentprice?

And other people that used to contribute heavily back then

yMcy56:

I think there's a difference between buyout and

merger here.
Both will take different dimensions.

As for the take over you mentioned, it was actually buyout of majority shareholders at price N4.20 around 2021/2022 or so.
This involves FMN buying out Honeywell majority shareholders at premium price of N4.20 when Oba Otudeko was left with no choice than to sell Honeywell.

Now if it's merger, I personally don't see the price coming at same N4.20...
There's the need for us to know what FMN actually planned to do with Honeywell......

I think merger looks more like it......with Honeywell shareholders getting FMN shares in
share conversion ratio....

Someone mentioned ratio 10:1 or 9:1
You also mentioned delisting and relisting

Let's see how FMN handles this Honeywell issue......hope it's sooner.

Raider76:


FMN almost going on bid

yMcy56:
NPF
Suspension is lifted....
Full bid @1.84

REGAL
Suspension lifted...
Full bid @0.49k

Remain LASACO and few others..

samguru:




Where is onegentleguy?
Where is agba?
Where is currentprice?

And other people that used to contribute heavily back then

faoogoke:

Ellah Lakes don dey tear race.

Something is obviously cooking

Ginalex:
Caverton people Una dey enjoy o

KarlTom:
ETERNA on Full Offer
OandO has shed 4.73%

phadriz:
Akpata lost election and he is no going for tribunal. Hold your ELLAHLAKES tight to your chest. Politics is part of NGX. Ask Trancorp, Oando & Caverton investors

Streetinvestor2:
Pls how is akpata and ellahlake related.

Streetinvestor2:
Pls how is akpata and ellahlake related.

Streetinvestor2:
Do you have info on IE.Does the #1.60 payoff still stand. I am surprised seeing offer above that price.
So surprised lasaco could allow the hammer to fall on it.This is a company that was rubbing shoulder with nem.I still have thr old annual results in big booklets and CD plates