currentprice:


u will see pple fighting to enter cileasing soon after mkt over punish this stock because of news of reconstruction and some brave one will profit again.

this will tell u that mkt don't always care of what you say here

not a recommendation to BUY o

PharmAlfred:
Pls Fxuser and BearBullMkt, what are charts saying about DangFlour, DangSugar and Diamond. I like Diamond sha. The swings have made me small small cash.

BullBearMkt:


NB
-Bears are feeding on the stock. However, there are signs that they are leaving its carcass...accumulation is ongoing
-Daily is "finding" support at N144 and strenghtening
-Weekly is bearish


UCAP
-After many days of dragging, it finally breaks the jinx
-Daily, Weekly Bullish
-Has N3.4 Resistant to contend with & support somewhere around N2.20

AFRRIPRUD
-Daily Weakening but Weekly is bullish
-Stock value zone seems to be around N3.5 region (@currentprice, this is not value price )

DF
-Heavy resistant at N10 region
-Short term support between N8.5 & N8.70
-Longer term support at N7.80 region
-Bulls everywhere except Daily showing signs of weakness

Diamond
-Received electric shock not to stay at N1.0 for long
-Daily/Weekly are all bullish
-Yesterday ends with bullish pin bar
-Personally, I expect more profit taken to drop the price to N1.5 N1.15 region (value zone 1.12)

currentprice:
who ever get in @ 1.20 at this morning full offer is already 10% up if it close this way today

BullBearMkt:

currentprice:


who ever get in @ 1.20 at this morning full offer is already 10% up if it close this way today

Investnow2017:
A unit of Dangote Flour Mills, Dangote Noodles Limited, has sold two production lines to rival pasta maker, De United Foods Industries, for N3.75bn ($12.26m), the company said on Tuesday.

De United said it had signed an agreement with Dangote Noodles to buy plants at its Ikorodu and Calabar factories. It will also buy stock worth N383.94m, according to a report by Reuters.

The deal comes after Dangote sold a small stake in its cement business to foreign investors in a one-off stock market deal valued at N27bn.

Dangote Flour Mills, majority owned by Africa’s richest man, Aliko Dangote, had said it wanted to quit the noodles business to focus on flour and pasta production.


In July Dufil Prima Foods said it would raise N40bn in the local debt market to broaden its funding base.

Source:- http://www.exclusivepp.com.ng/dangote-sells-noodle-plants-rival-n3-75bn/

DeRuggedProf:


Full bid means passengers are begging to buy your flight ticket.
If you bought earlier and sell now, you are better than someone still negotiating to move DUSTBINS....

BullBearMkt:

DeRuggedProf:


Always consider factors surrounding any FULL BID.
Some full bids are opportunities to RUN.
Some are Opportunities to FLY.


DISCL: I bought CI @ 0.9 AND LEFT @ N1.2 when my target was met.
I have only 90 (ninety) units of CI.

Investnow2017:
A unit of Dangote Flour Mills, Dangote Noodles Limited, has sold two production lines to rival pasta maker, De United Foods Industries, for N3.75bn ($12.26m), the company said on Tuesday.

De United said it had signed an agreement with Dangote Noodles to buy plants at its Ikorodu and Calabar factories. It will also buy stock worth N383.94m, according to a report by Reuters.

The deal comes after Dangote sold a small stake in its cement business to foreign investors in a one-off stock market deal valued at N27bn.

Dangote Flour Mills, majority owned by Africa’s richest man, Aliko Dangote, had said it wanted to quit the noodles business to focus on flour and pasta production.

Nigeria’s noodle market is fiercely competitive and De United, with a market share of around 70 per cent, is seeking to consolidate the sector.

Privately-held Dangote Industries Limited, with interests in agriculture, real estate and truck assembly, bought back the flour unit it had sold to South Africa’s Tiger Brand for $1 in 2015 after it posted losses.

Shares in Dangote Flour Mills have more than doubled so far this year after rising by 276 per cent last year. The stock price was down by 3.17 per cent on Tuesday at N9.20 naira.

Dufil Prima Foods, the parent of De United Foods, is a privately held company set up over two decades ago, which has grown to become the largest pasta maker in West Africa.

De United said the transaction had been approved by both companies and the regulators.

A banking source close to the deal said that De United would continue to produce noodles under the Dangote brand for two years after the acquisition.

In July Dufil Prima Foods said it would raise N40bn in the local debt market to broaden its funding base.

Source:- http://www.exclusivepp.com.ng/dangote-sells-noodle-plants-rival-n3-75bn/

DeRuggedProf:


EPIC!
Diamond without 'THE ROCK' will regain precious status.....

Coolcash1:


It will be interesting to know when it will be bought and the price agreed ... Sitting tight on my DF shares...300% profit is the target.

Princkez:
It will also buy stock worth N383.94m, according to a report by Reuters.(pls explain dis)

Princkez:
It will also buy stock worth N383.94m, according to a report by Reuters.(pls explain dis)

Mpeace:
But dangflour of N383.94mil is not too much as to cause a 300% rise in price. Its just about 45mil units. I know some men here have more than that, esp loco, cadillac, manonamission etc

Manonamission:


Stock -the total amount of goods or the amount of a particular type of goods available in a shop (cambridge dictionary)

In other words, finished products available for sale .

Stop allowing your bias play tricks on you.

bigjay01:


are you suggesting they'd be buying Dangote noodles or Dangote flour?

DeRuggedProf:



https://trwstockbrokers./2017/11/15/shareholder-activist-slams-secs-handling-of-oandos-infractions/

Manonamission:


Dangote noodles (finshed products) and Dangote Noodles plants. They are not buying Dangote Flour shares.

The transaction is a De United foods to Dangote Noodles deal. No where was DF referenced. It is expected that their would be Dangote noodles still in the inventory that needed to be sold. You must also realise that the Noodles business was a going concern with daily operations and workers. Besides, De United is expected to continue producing DANGOTE NOODLES for a few more years which justifies the 'stock' purchase. Otherwise, DF would have had to continue marketing+distribution of the stock left.

Disclaimer: This is my understanding of the report and what makes sense to me.

currentprice:


i notice same,,,i think he wanted to voice quickly on what he knows nothing about. comparing unity numbers with cileasing

it good as the mr punish cileasing but that doesn't mean the numbers is not there brave guys will still hammer in respect of what you say

currentprice:


who ever get in @ 1.20 at this morning full offer is already 10% up if it close this way today