IyaTola:
I ain't touching it

Sentimental analysis probably says otherwise

KarlTom:
"...sold to institutional investors..."

I hope this is a misrepresentation of their thoughts.

That is how the NNPC (and govt agencies) tell blunt lies.
When did IPO become selling of shares to only institutional investors?
A corrupted govt and its agencies at work. They just want to sell the shares to themselves and cronies.

SonofElElyonRet:

Sentimental analysis probably says otherwise

What are the positive sentiments for it?. I am neutral, tending towards being bearish sentimentally. But can change rapidly with more info and better understanding of the business & its managers.

lexy2lexy:
Has anyone heard that senate is going to block Lafarge’s sale of WAPCO?

https://guardian.ng/news/senate-halts-sale-of-lafarge-to-chinese-firm/

https://punchng.com/senate-calls-for-transparency-in-lafarge-cement-sale/

https://www.thisdaylive.com/index.php/2025/03/28/national-security-senate-set-to-block-sale-of-lafarge-cement-to-chinese-firm/

It's more about 'transparency' of the acquisition process, than halting the sale in its entirety.

Ding!

unite4real:
TIP declared dividend of N0.10

https://doclib.ngxgroup.com/Financial_NewsDocs/43449_THE_INITIATES_PLC-CORPORATE_ACTION_CORPORATE_ACTIONS_MARCH_2025.pdf

WOW

Panadee:


https://guardian.ng/news/senate-halts-sale-of-lafarge-to-chinese-firm/

https://punchng.com/senate-calls-for-transparency-in-lafarge-cement-sale/

https://www.thisdaylive.com/index.php/2025/03/28/national-security-senate-set-to-block-sale-of-lafarge-cement-to-chinese-firm/

It's more about 'transparency' of the acquisition process, than halting the sale in its entirety.

Bunch of jokers.

WAPCO almost on FO...

Panadee:


https://guardian.ng/news/senate-halts-sale-of-lafarge-to-chinese-firm/

https://punchng.com/senate-calls-for-transparency-in-lafarge-cement-sale/

https://www.thisdaylive.com/index.php/2025/03/28/national-security-senate-set-to-block-sale-of-lafarge-cement-to-chinese-firm/

It's more about 'transparency' of the acquisition process, than halting the sale in its entirety.

Tony don get IMF appointment.....
TOE faithfuls e lo fokan bale.....😊

https://nairametrics.com/2025/03/28/tony-elumelu-gets-imf-appointment/

KarlTom:
WAPCO almost on FB...

Abi na FO you mean

KarlTom:
WAPCO almost on FB...

Or Full offer
Chai!!
As hurtful as it may sound, I think there should be transparency in the dealings as well.....
Those guys have been hoarding info and hiding some details concerning the buy over...
Just yesterday or so, about 27.7% was done in Off Market Deals....
Why haven't anyone know about the purchase price per share till now??
... and they were looking at sealing the deal by May yet shareholders are still in the dark...

* Still not an advice for anyone to panic sell if already sitting in the bus and you picked high.
It may be a way to force them to follow rules and may eventually benefit minorities.

yMcy56:

Or Full offer
Chai!!
As hurtful as it may sound, I think there should be transparency in the dealings as well.....
Those guys have been hoarding info and hiding some details concerning the buy over...
Just yesterday or so, about 27.7% was done in Off Market Deals....
Why haven't anyone know about the purchase price per share till now??
... and they were looking at sealing the deal by May yet shareholders are still in the dark...

CHINA trying to run investors bad bad

yMcy56:
Tony don get IMF appointment.....
TOE faithfuls e lo fokan bale.....😊

https://nairametrics.com/2025/03/28/tony-elumelu-gets-imf-appointment/

I hope this will impact in his companies and hence trickles down to investors.

yMcy56:

Or Full offer
Chai!!
As hurtful as it may sound, I think there should be transparency in the dealings as well.....
Those guys have been hoarding info and hiding some details concerning the buy over...
Just yesterday or so, about 27.7% was done in Off Market Deals....
Why haven't anyone know about the purchase price per share till now??
... and they were looking at sealing the deal by May yet shareholders are still in the dark...

With these actions of theirs, it is not wise to remain with them as minority shareholders. Them go bend minority neck like tomorrow no dey.
They should conclude the deal as soon as possible.
I know say some senators get shares for wapco

The off market deal that was done was the transfer of shares between Davis Peak and AICL. It was announced in the corporate disclosure. So it seems the deal is still ongoing. They’re just raising transparency issues because perhaps some palms need to be greased

yMcy56:

Or Full offer
Chai!!
As hurtful as it may sound, I think there should be transparency in the dealings as well.....
Those guys have been hoarding info and hiding some details concerning the buy over...
Just yesterday or so, about 27.7% was done in Off Market Deals....
Why haven't anyone know about the purchase price per share till now??
... and they were looking at sealing the deal by May yet shareholders are still in the dark...

Mpeace:
With these actions of theirs, it is not wise to remain with them as minority shareholders. Them go bend minority neck like tomorrow no dey.
They should conclude the deal as soon as possible.
I know say some senators get shares for wapco

It may eventually be in favour of minority if they become transparent with the deals.
See PZ, they're carrying minority shareholders along and still allow them a say in each steps

The 27.7%

yMcy56:

Or Full offer
Chai!!
As hurtful as it may sound, I think there should be transparency in the dealings as well.....
Those guys have been hoarding info and hiding some details concerning the buy over...
Just yesterday or so, about 27.7% was done in Off Market Deals....
Why haven't anyone know about the purchase price per share till now??
... and they were looking at sealing the deal by May yet shareholders are still in the dark...

* Still not an advice for anyone to panic sell if already sitting in the bus and you picked high.
It may be a way to force them to follow rules and may eventually benefit minorities.

Sunrisepebble:
The 27.7%

Not saying it wasn't reported but they still needs to be more transparent and stop running such big deal as if it doesn't concern minority shareholders and the nation as well.
Let them operate openly and not in the dark behind curtains.

By now, they ought to have come up with detailed info about the buy over not some lump sum which they're using tactics to delay due to exchange fluctuations, then they can price so cheaply.
* Any amount below N100 na grave robber price for WAPCO.

Sunrisepebble:
The off market deal that was done was the transfer of shares between Davis Peak and AICL. It was announced in the corporate disclosure. So it seems the deal is still ongoing. They’re just raising transparency issues because perhaps some palms need to be greased

when was this announced please as i cannot see it on the disclosure page of ngx as of this moment

Mpeace:
With these actions of theirs, it is not wise to remain with them as minority shareholders. Them go bend minority neck like tomorrow no dey.
They should conclude the deal as soon as possible.
I know say some senators get shares for wapco

I beg to disagree. I believe it is even better for minority shareholders. The pricing will be much better now that government has shown interest and shareholders voice will be treated better at agm.They will have to pay premium to take over the minority shares as the government see it now as depriving local part of ownership in the national/economic asset

yMcy56:

Not saying it wasn't reported but they still needs to be more transparent and stop running such big deal as if it doesn't concern minority shareholders and the nation as well.
Let them operate openly and not in the dark behind curtains.

By now, they ought to have come up with detailed info about the buy over not some lump sum which they're using tactics to delay due to exchange fluctuations, then they can price so cheaply.
* Any amount below N100 na grave robber price for WAPCO.

I feel the minority buy may not happen. The government may insist on minority hold in the business to support local ownership or content in the business. China is not the kind of country you should allow to own such company 100% in nigeria. They could become threat to indigenous cement companies.

Yes please

Mpeace:
Abi na FO you mean

Good afternoon everyone. Pls how do I receive dividends. I use Morgan stock brokers. I keep seeing news regarding dividends payments and I own some of these shares of the companies paying dividends but I don't know how to claim my dividend payments

KarlTom:
WAPCO almost on FO...

The power of 'fake' news

Streetinvestor2:
I feel the minority buy may not happen. The government may insist on minority hold in the business to support local ownership or content in the business. China is not the kind of country you should allow to own such company 100% in nigeria. They could become threat to indigenous cement companies.

I share your opinion.
Is it now that the biz is looking promising that they want to take it away?
What about revenue generation for FG too? It will impact on the economy nah.
The 81% ownership needs to be reviewed self.

PZ Q3
Exited loss. Q4 go loud
No wonder the minority shareholders no dey gree for anybody 😁

https://doclib.ngxgroup.com/Financial_NewsDocs/43467_P_Z_CUSSONS_NIGERIA_PLC.-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_MARCH_2025.pdf

PZ CUSSONS

For context,
In Q1 (ended 30 Sept 2024) loss of ₦96,435,367,000
In Q2 (ended 30 Nov 2024) loss of ₦7,006,643,000
In Q3 (ended 28 Feb 2025) profit of ₦11,289,367,000

OS is currently 3,970,477,045

https://doclib.ngxgroup.com/Financial_NewsDocs/43467_P_Z_CUSSONS_NIGERIA_PLC.-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_MARCH_2025.pdf

Every mallam to his kettle...

https://ewnation.com/oandoplc-a-pattern-200-days-in-the-making/
follow https://discord zone/Y9cWUxmq8G (replace zone with dot double g)

KarlTom:
PZ CUSSONS

In Q2 (ended 30 Nov 2024) loss of ₦7,006,643,000
In Q3 (ended 28 Feb 2025) profit of ₦11,289,367,000
OS is currently 3,970,477,045 .[/i]

Q2 was already pointing to the fact that PZ will exit the loss by this Q3......
Think i also observed and mentioned this when Q2 was out

Acquisition no they get price, is that complete disclosure, no p, we wait till the end of the drama, an opportunity to buy more..

They may end up paying like 200 with the way they are handling the whole issues.


Pz saga comes to mind.

Exchange gain of N15bn, almost same as gross profit

KarlTom:
PZ CUSSONS

In Q2 (ended 30 Nov 2024) loss of ₦7,006,643,000
In Q3 (ended 28 Feb 2025) profit of ₦11,289,367,000
OS is currently 3,970,477,045

https://doclib.ngxgroup.com/Financial_NewsDocs/43467_P_Z_CUSSONS_NIGERIA_PLC.-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_MARCH_2025.pdf

Every mallam to his kettle...