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Nigerian Stock Exchange Market Pick Alerts - Investment (8513) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:25am On Dec 02
grin
yMcy56:

From HUAXIN Cement document that I read, it says 100% of HOLCIM shares and not 100% of the whole Larfarge WAPCO shares....
100% of HOLCIM shares is about 83.81% of the target Company, which is HOLCIM......valued @USD838.13million.

Just trying to say the meaning I read to the doc as well.....i know yours na inside info. smiley

Meanwhile, WAPCO was on fullest bid @63.80!!

Those offers that didn't get picked up last week Friday will be thanking their stars while those that panic sold @57/58 will be blaming themselves....
This life no balance ..... smiley
Re: Nigerian Stock Exchange Market Pick Alerts by HesInMe: 10:29am On Dec 02
If you believe that a major cement maker exited Nigeria, once considered a high-growth cement market, because of carbon, then you have no clue how rich men think.

What these multinational executives seek the most to support their stock prices at home is profitable growth. But Nigeria technically hasn't stopped growing: 70% of our population is under 30 years, so we'll need cement and other building products to construct new homes, bridges, and landmarks for decades to come.

So why are they leaving? And why, too, did Nestle leave, even though almost as many babies are born in Naija each year as the entire population of Switzerland, their home base? Why is Guinness abandoning a young, bustling market of alcohol lovers?

They're leaving because Nigeria's currency devaluation makes that organic opportunity turn negligible when translated to their own currency. That's why the Large deal is happening in the first place. It is Econ 101 playing out in real life.
ghm:


Read about it more here, it is not every time we should live in self pity for our country.

https://www.nairaland.com/8282715/holcim-sell-lafarge-africa-stake

The deal aligns with Holcim's strategy to streamline its portfolio and [b]focus on high-growth regions, including the coming spin-off of its North American business, which remains on track for a U.S. listing in the first half of 2025.[/b]


"They sold in Tanzania and Uganda. The Chinese Company bought all these stakes and acquired Cement company in South Africa.
Nothing new, it's about revaluating your portfolio for optimality."


... besides, major western companies have pledged to reduce their stakes in high carbon products like ours, though I am not sure, may be a condition for successful the US listing.

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 10:32am On Dec 02
You could be right, yet to see the doc. Just relating what i've been told.
I told others to be patient the other day, they rushed to sell. Never Panic buy, never panic sell. Shalom

yMcy56:

From HUAXIN Cement document that I read, it says 100% of HOLCIM shares and not 100% of the whole Larfarge WAPCO shares....
100% of HOLCIM shares is about 83.81% of the target Company, which is HOLCIM......valued @USD838.13million.

Just trying to say the meaning I read to the doc as well.....i know yours na inside info. smiley

Meanwhile, WAPCO was on fullest bid @63.80!!

Those offers that didn't get picked up last week Friday will be thanking their stars while those that panic sold @57/58 will be blaming themselves....
This life no balance ..... smiley
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:32am On Dec 02
Sunrisepebble:
RE: Wapco, same source that gave initial gist. Says he has a document that shows the Chinese company want 100% and they will pay the same price per share. He doesn’t think it’ll go above that
NFA/ DYOR
On another note, your source may be right!

It talks about TARGET COMPANY and ULTIMATE TARGET COMPANY........which to me means HOLCIM and the MTO to be launched thereafter ......

We should get details of the information as time goes on.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by bastardson: 10:37am On Dec 02
What is happening to SEPLAT?
Re: Nigerian Stock Exchange Market Pick Alerts by Meerahbel: 10:38am On Dec 02
WHAT IS IN THE TAX REFORM...
1. Any business with less than N50million turnover are exempted from tax payment.
2. over 90% of workers in public and private sector will no longer pay income tax
3. Over 82% of what low income persons consume will be VAT free.
4. scrapping over 50 nuisance tax suffered by local businesses
5. VAT will no longer be calculated base on where the companies have their headquarters but where their goods are consume
6. the rich to pay more tax while the poor will stop paying taxes..
7. Consumption tax collected by states will be eliminated completely
8. FG share of VAT to reduce from 15% to 10% as states and LGAs now get 90%
9. Those earning less than N1.7m monthly will now pay less income tax
10. Customs, NUPRC and other govt agencies will no longer collect tax as only one Agency will be responsible for collection of all taxes in NGR
11. Those receiving less than N9million per anum could have their income tax cut by half
12. The bill could lead to abolition of other multiple tax laws like the stamp duty act
13. Over 90% of small business would no longer pay profit tax
14. Gradual increase of VAT from 10% in 2025 to 15% in 2030... With almost every goods consume by low income earners exempted from VAT
15. Many NGR companies pay over 60 types of different tax & levies... The bill seeks to end this factor killing NGR industries.

Get yourself a copy of full Tax reform proposal for full details.

Be informed!

11 Likes 3 Shares

Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:42am On Dec 02
bastardson:
What is happening to SEPLAT?
The market is happening to Seplat
Re: Nigerian Stock Exchange Market Pick Alerts by bastardson: 10:43am On Dec 02
mikeapollo:

The market is happening to Seplat

LOL, They might drop below 5k today..

Volume on ARADEL Appears low.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by lexy2lexy: 11:01am On Dec 02
Is N125/share the valuation based on the reported acquisition price?

GeeKudi:
Chaii!! That's like N125? Ol boy!!

Re: Nigerian Stock Exchange Market Pick Alerts by bastardson: 11:10am On Dec 02
I noticed that its always quiet when the argument is not about OandO Or WAPCO.. cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by Jameselias: 11:13am On Dec 02
Meerahbel:
WHAT IS IN THE TAX REFORM...
1. Any business with less than N50million turnover are exempted from tax payment.
2. over 90% of workers in public and private sector will no longer pay income tax
3. Over 82% of what low income persons consume will be VAT free.
4. scrapping over 50 nuisance tax suffered by local businesses
5. VAT will no longer be calculated base on where the companies have their headquarters but where their goods are consume
6. the rich to pay more tax while the poor will stop paying taxes..
7. Consumption tax collected by states will be eliminated completely
8. FG share of VAT to reduce from 15% to 10% as states and LGAs now get 90%
9. Those earning less than N1.7m monthly will now pay less income tax
10. Customs, NUPRC and other govt agencies will no longer collect tax as only one Agency will be responsible for collection of all taxes in NGR
11. Those receiving less than N9million per anum could have their income tax cut by half
12. The bill could lead to abolition of other multiple tax laws like the stamp duty act
13. Over 90% of small business would no longer pay profit tax
14. Gradual increase of VAT from 10% in 2025 to 15% in 2030... With almost every goods consume by low income earners exempted from VAT
15. Many NGR companies pay over 60 types of different tax & levies... The bill seeks to end this factor killing NGR industries.

Get yourself a copy of full Tax reform proposal for full details.

Be informed!


So why are people opposing it

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 11:13am On Dec 02
lexy2lexy:
Is N125/share the valuation based on the reported acquisition price?
Acquisition price per share is not yet out....but people already started calculating based on the OS, exchange rate and the aggregate purchase price from HUAXIN.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 11:14am On Dec 02
bastardson:
I noticed that its always quiet when the argument is not about OandO Or WAPCO.. cheesy
Na OANDO be their wahala.... grin
O&O waiting for the news/action that could replicate whats happening in WAPCO now....😊
Re: Nigerian Stock Exchange Market Pick Alerts by GeeKudi: 11:18am On Dec 02
Eagerly waiting.

yMcy56:

Na OANDO be their wahala.... grin
O&O waiting for the news/action that could replicate whats happening in WAPCO now....😊
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 11:19am On Dec 02
HesInMe:
If you believe that a major cement maker exited Nigeria, once considered a high-growth cement market, because of carbon, then you have no clue how rich men think.

What these multinational executives seek the most to support their stock prices at home is profitable growth. But Nigeria technically hasn't stopped growing: 70% of our population is under 30 years, so we'll need cement and other building products to construct new homes, bridges, and landmarks for decades to come.

So why are they leaving? And why, too, did Nestle leave, even though almost as many babies are born in Naija each year as the entire population of Switzerland, their home base? Why is Guinness abandoning a young, bustling market of alcohol lovers?

They're leaving because Nigeria's currency devaluation makes that organic opportunity turn negligible when translated to their own currency. That's why the Large deal is happening in the first place. It is Econ 101 playing out in real life.
You made a point but
could also be that the buyer made a mouth watering offer as well.

The buyer could as well be more eager to buy than the seller is willing to sell..

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 11:19am On Dec 02
Mpeace:
Although not stated. But from the excerpt you made above it is clear that they wanr to focus on high grow region. Nigeria appears to be the very opposite of a "high growth" region. Nigeria is very volatile at the moment.

In global trade Nigeria is a country not a region. Africa is the region. They are clearly divesting from the African region, in which Nigeria happens to be.

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 11:19am On Dec 02
yMcy56:

Acquisition price per share is not yet out....but people already started calculating based on the OS, exchange rate and the aggregate purchase price from HUAXIN.


You can calculate it based on the $1 billion planned for the acquisition of the whole business

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 11:20am On Dec 02
HesInMe:
And why do you think the current owner is selling?

They've been in this game since at least 2001, built a new cement plant with new tech, developed supply chains -- all in the hope of tapping this large and growing consumer market, the Giant of Africa. Why up and leave all of a sudden, as have manufacturers of other consumer goods, like Nestle and Guinness?

As they have reasons to sell is the way another company has reasons to buy.If no one was willing to buy is when you will make negative accusations. The company selling didn't say they are selling at a discount or lose.So many companies have closed shop too in USA or moved to China. If the company is closing down completely would have given us reason to worry. Alhaji sold flour to olem.Olem is still doing fine and even better under the new owner

11 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Choiceguy: 11:23am On Dec 02
GeeKudi:
Eagerly waiting.


grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 11:24am On Dec 02
Raider76:


In global trade Nigeria is a country not a region. Africa is the region. They are clearly divesting from the African region, in which Nigeria happens to be.
Another point..
May not really be specific about Nigeria but Africa region entirely.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Xidget: 11:24am On Dec 02
What's up with Transcorp Go up, No. Go down, No.
Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 11:25am On Dec 02
Raider76:


In global trade Nigeria is a country not a region. Africa is the region. They are clearly divesting from the African region, in which Nigeria happens to be.
Ok
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 11:27am On Dec 02
Lets have patience. It will gbe body. Tony will get that $1bn net worth

Xidget:
What's up with Transcorp Go up, No. Go down, No.
Re: Nigerian Stock Exchange Market Pick Alerts by Xidget: 11:30am On Dec 02
Sunrisepebble:
Lets have patience. It will gbe body. Tony will get that $1bn net worth

I hope so o.
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 11:37am On Dec 02
It's such a highly illiquid stock. A 10x split won't be bad.

bastardson:


LOL, They might drop below 5k today..

Volume on ARADEL Appears low.
Re: Nigerian Stock Exchange Market Pick Alerts by phadriz(m): 11:44am On Dec 02
When is the cross deal in JAPAULGOLD ending? 55.7m units just done now. We will see this to the last.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 11:45am On Dec 02
phadriz:
When is the cross deal in JAPAULGOLD ending? 55.7m units just done now. We will see this to the last.
Didn't see your post before......

It's better we wait to see the end of all these accumulations.......
Not only to wait, but to have some units on ground lest the bus driver locked people out when we eventually know the reasons behind these accumulations...... smiley
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:45am On Dec 02
grin
phadriz:
When is the cross deal in JAPAULGOLD ending? 55.7m units just done now. We will see this to the last.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 11:50am On Dec 02
Meanwhile, STI has been codedly doing its thing.....

GUINEAINS/VERITASKAP, when?
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 11:51am On Dec 02
@loco, day don break oh.
You have not made announcement for this week.
I no wapco is not your kind of stock

6 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by temi4fash(m): 12:03pm On Dec 02
Hello Sirs/Ma,

I would like to know your review of Morgan capital to buy and sell shares safely.

Thank you for all you do

Am are just about entering the NSEMPA Boat.
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 12:08pm On Dec 02
Sunrisepebble:
Shalom
Abeg, help us touchlight the entity accumulating JAPAUL, the Cross Deals for the past several months can't be ignored just like that .
Thanks.

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