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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11445682 Views)
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Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 4:52pm On Dec 23, 2015 |
zendi: I bought based on this rough analysis: Share outstanding is 5B Tigerbrands transferred 3.285B (65.7%) to Aliko. "Subject to regulatory approvals, DIL will provide TBCG with an immediate cash injection of N10 billion. In return, Tiger Brands will divest its 65.7% shareholding in TBCG to DIL for a nominal consideration and write off its shareholder loans to TBCG. In addition, Tiger Brands will assume and settle outstanding debt guaranteed on behalf of TBCG." This roughly implies that Aliko paid ~N3.04/ share (10B/3.285B). I bought at N1.16, which is about 62% discount to Aliko's price. Precedents have shown that Aliko is a very shrewd business man, I am willing to hold with him ... Not a buy or sell recommendation |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 4:55pm On Dec 23, 2015 |
bigjay01: Bros how much did aliko sell the shares to Tigerbrands? I assume they already made a kill by short-selling. So u may be buying at a premium to Aliko's purchase price |
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 5:00pm On Dec 23, 2015 |
Agbalowomeri: Aliko;s calculation is far beyond that analysis above.............Analysis above is when you are dealing with a straight forward businessman................ 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 5:01pm On Dec 23, 2015 |
Agbalowomeri: "On the effective date as set out in paragraph 7 below, Tiger Brands will pay Dangote NGN9.50 per DFM Share, implying an aggregate purchase price of NGN30,093 million (equivalent to approximately ZAR1.5 billion) (“Purchase Price”). Excluding the once-off impact of an amount of NGN1,484 million relating to a provision for irrecoverable claims" http://dangote.com/Investorrelations/dg-tb_Detailed%20terms-21-Sept.pdf The bottom line is that he sees value at N3.04! I also see value with him at 62% discount to his entry price. I don't see how i am buying at a premium (to him) unless he is willing to sell at any price below N1.16. Will he? |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:06pm On Dec 23, 2015 |
bigjay01: what of if they decide to reconstruct the shares later.............ahh! speed on my legs o......... |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 5:11pm On Dec 23, 2015 |
bigjay01: People bought dangflour above 16, he sold at 9.5 ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by bigjay01(m): 5:12pm On Dec 23, 2015 |
locodemy: if you understand reconstruction, you'll understand that it makes no diff, because everything is adjusted proportionately. Even if you do a 1:100, Aliko will still end up owning 65.7% and I'll still retain my tashere %age BTW, it would appear that Aliko might be controlling over 75.% of this company |
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 5:15pm On Dec 23, 2015 |
ufotty2001:spot on 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:51pm On Dec 23, 2015 |
bigjay01: kai double speed on my legs |
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 5:55pm On Dec 23, 2015 |
angelo82: Except you are also rebalancing..... ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 6:02pm On Dec 23, 2015 |
myjoy084: I dont think they see what we dont see. They simply DECIDE the outcome, because they control the end picture! |
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 6:12pm On Dec 23, 2015 |
bigjay01: Atimes companies are just a front for sharing BIG LOOT. Remember some people collecting over N2b from ONSA while the FRONTING COMPANiES continue to make shareholders cry day, afternoon and commit suicide at night.... 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by EDUECO(m): 6:16pm On Dec 23, 2015 |
The Nigerian Stock Exchange > Media Center > News and Events > Holiday Notice 2 Public Holiday Notice Wednesday, December 23, 2015 The Federal Government of Nigeria has declared 24th , 25th and 28th December 2015 as public holidays to mark this year’s Maolud Nabiy, Christmas Day and Boxing Day respectively. In light of this development, all Exchange facilities nationwide will be closed for business to observe the holidays. We will resume normal business operations on Tuesday, 29th December 2015 For further Information, please contact us on +234 700 225 5673 | contactcenter@nse.com.ng |@NSEContact | www.facebook.com/TheNigerianStockExchange |
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 7:04pm On Dec 23, 2015 |
locodemy:You're more at risk of reconstruction in that your oando that is about to suffer the father of equity dilution in the process of raising 80b for debt reduction. Dangflour has only 5b OS, and 5B it will remain because Dangote doesnt do rights issue or any of such schemes by which small investors are wiped out. He funds the expansions without creating new shares. |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 8:45pm On Dec 23, 2015 |
zendi: hmm! i put my last gear..........vuuuuuuuuuuuuuuuuuuuummmmm.............seee u post reconstruction of dangote flour or tigerhead or whatsever you call it vum vum vuuuuuuuuuuuuum |
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 8:48pm On Dec 23, 2015 |
angelo82:Come to think of it, the mighty oando is a loss making company, and the chief of them. But 2 million units of it were sold today. How many units of of nem, cileasing, courteville, all profit making and cheap companies were sold? Likewise, even as they were dumping it, 2 million units of the tigerbrands were taken up by new buyers, and I was surprised it fell only 5%. I'm following it closely to re-enter at a lower roundabout ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:00pm On Dec 23, 2015 |
zendi: you are very correct sir............but vuuuuuuuum is better than statement |
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 9:01pm On Dec 23, 2015 |
locodemy:drive with care and, enjoy! |
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 9:03pm On Dec 23, 2015 |
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 9:07pm On Dec 23, 2015 |
Minimum volume of 50,000 units is now required to move the price of all NASD Securities. All deals on the OTC market will now be restricted to a daily price movement of 10% upward or downward . |
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 9:07pm On Dec 23, 2015 |
zendi: Be cautious and I wish you the best of luck........................... ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by myjoy084: 9:20pm On Dec 23, 2015 |
angelo82: Sir, wish me luck too as I enter the train on Tuesday (December 29th, 2015) by God's grace ![]() ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 9:26pm On Dec 23, 2015 |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:28pm On Dec 23, 2015 |
myjoy084: train? why enter train when i already dey for my car dey look for who to carry do vuuuuuuum.see tigerhead has a hidden agenda for dangote.fear south Africans when they loose in biz with nigerians.vuuuuuuum.i will buy mine at 0.75k |
Re: Nigerian Stock Exchange Market Pick Alerts by myjoy084: 9:31pm On Dec 23, 2015 |
locodemy: That is very good of you sir. Don't worry we will see who will come last between oxygen and Dangote (Tigerbrand...)! You are shewing what you can't swallow with oxygen lol |
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 9:36pm On Dec 23, 2015 |
myjoy084:i no am only asking if they will play game like unity bank . |
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 11:15pm On Dec 23, 2015 |
myjoy084: Good luck to you too.............Dont think too much on Skye before entering as am already counting some gains on it.......................Skye always respond at the end of every quarter and I read an article sponsored by their management promising rewards at the end of the year...............Goodluck to everyone in all your endeavors................ ![]() 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by ibe9ja: 11:20pm On Dec 23, 2015 |
locodemy: You sound naive in stock market biz "no stock with good fundamental can go below 0.50k even if that rule is applied" Re-read and listen to yourself. Do u really know the meaning of good fundamentals? What is a stock with good fundamentals doing at car park in the first place? And if the stock could get to 50kobo and park there permanently with so may offers, why do u think it cannot go below 50kobo if the new rule sets in? Don't be too certain in the stock market. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by myjoy084: 11:47pm On Dec 23, 2015 |
angelo82: Thank you sir. I got some today towards the end of the market but the volume is not enough though...lol. The stocks has some upsides after my consultation lol. I will try to get some next week for end of the year rally by God's grace or look other way round ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by myjoy084: 1:07am On Dec 24, 2015 |
Dangote Industries Explains Repurchase of former Subsidiary http://www.thisdaylive.com/articles/dangote-industries-explains-repurchase-of-former-subsidiary/228666/ |
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 7:11am On Dec 24, 2015 |
ibe9ja:don't talk 2 much |
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 7:26am On Dec 24, 2015 |
locodemy:abeg no vex.... stop n carry me along ooo.... someone told that tigerband is not liquid... |
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