zendi:
Ah...when it comes to speculation, profit, or immediate profit is not everything o. When people made bastard money in ikejahotel, champion or even right now in unitybnk from which no dividend is expected, there were profit making and dividend paying coys like nem around. This biz is a forward looking affair. I wasnt so fascinated until Dangote came back on board. Or you think he's now JIJOing with dangflour? Well, he may have dumped it the first time. But I believe he came back, not to bury it but to wake it. Could be for reasons of pride, that his name is involved, or maybe out of sheer concern for the workers, who had been with him for long. The stock will go south, following this result, but when it bottoms you will see that many people have eye on it.

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

bigjay01:


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

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

Agbalowomeri:


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

Aliko;s calculation is far beyond that analysis above.............Analysis above is when you are dealing with a straight forward businessman................

Agbalowomeri:


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

"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?

bigjay01:


he sold to tigerbrands at N9.5

The bottom line is that he sees value at N3.04!

I also see value with him at 62% discount to his entry price.

what of if they decide to reconstruct the shares later.............ahh! speed on my legs o.........

bigjay01:


"

[b]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?

People bought dangflour above 16, he sold at 9.5

locodemy:


what of if they decide to reconstruct the shares later.............ahh! speed on my legs o.........

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

ufotty2001:
see wapco.. wapco dey vex... north direction but I wont buy too late

spot on

bigjay01:


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

kai double speed on my legs

angelo82:
Portfolio rebalancing is going on by fund managers,don't sell your shares cheap to them....................

Except you are also rebalancing.....

myjoy084:


Sir, they see what WE don't see. I really miss FO at 245

I dont think they see what we dont see. They simply DECIDE the outcome, because they control the end picture!

bigjay01:


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

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....

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locodemy:


what of if they decide to reconstruct the shares later.............ahh! speed on my legs o.........

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.

zendi:
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.

hmm! i put my last gear..........vuuuuuuuuuuuuuuuuuuuummmmm.............seee u post reconstruction of dangote flour or tigerhead or whatsever you call it vum vum vuuuuuuuuuuuuum

angelo82:



Why are you so fascinated to loss making companies?............There are several profit making cheap companies out there............Some billionaires are monkey hunters too..............

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. A loss making company can generate more market activity than a profit making one depending on the sentiment around the stock. But the golden key remains right entry and right exiting with good luck.

zendi:
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. A loss making company can generate more market activity than a profit making one depending on the sentiment around the stock. But the golden key remains right entry and right exiting with good luck.

you are very correct sir............but vuuuuuuuum is better than statement

locodemy:


hmm! i put my last gear..........vuuuuuuuuuuuuuuuuuuuummmmm.............seee u post reconstruction of dangote flour or tigerhead or whatsever you call it vum vum vuuuuuuuuuuuuum

drive with care and, enjoy!

http://www.sec.gov.ng/articles/circular_commencement-of-direct-cash-settlement-(dcs).html

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 .

zendi:
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. A loss making company can generate more market activity than a profit making one depending on the sentiment around the stock. But the golden key remains right entry and right exiting with good luck.

Be cautious and I wish you the best of luck...........................

angelo82:


Be cautious and I wish you the best of luck...........................

Sir, wish me luck too as I enter the train on Tuesday (December 29th, 2015) by God's grace

angelo82:


Be cautious and I wish you the best of luck...........................

Enjoy!

myjoy084:


Sir, wish me luck too as I enter the train on Tuesday (December 29th, 2015) by God's grace

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

locodemy:


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 do loose in biz with nigerians.vuuuuuuum.i will buy mine at 0.75k

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

myjoy084:


Sir, restructuring doesn't mean reverse stock-split . Merry Christmas and enjoy your bullish New Year!

i no am only asking if they will play game like unity bank .

myjoy084:


Sir, wish me luck too as I enter the train on Tuesday (December 29th, 2015) by God's grace

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................

locodemy:


bros no stock with good fundamental can go below 0.50k even if that rule is applied.i can mention stock like courteville selling at 0.50k but pays dividend regularly and good balance sheets.when i am talking of 50 kobo stocks,i mean stocks with good prospects.just mention some of them you know and leave the due diligence work for me.i am also an expert in this field.

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.

angelo82:


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................

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 . 2016 looks very promising and rewarding for us all!

ibe9ja:


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.

don't talk 2 much

locodemy:


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

abeg no vex.... stop n carry me along ooo.... someone told that tigerband is not liquid...