Princkez:
I'm finished ooooo, Just sold my 120k units of DF early this month

Like said before, find Oscar and unhack your account

RE: SELLING OF DANGOTE FLOUR TO OLAM

Interesting development. If Olam is buying the Flour arm, I will not be surprised if Olam equally go for Dangote Sugar soon.

Let us keep watching.

CAUTION: This is just my personal opinion. It is not news or fact.

Princkez:
I'm finished ooooo, Just sold my 120k units of DF early this month

Chai!

kolaish:
Another new lesson on NSE: CHAMS 101. Yours truly ran away after taking profit of 25%

I hope this stock will not remind me of FO around 2011/2012 that I bought at N17. It later go down to as low as N9, I was sad but determined that I will not sell at a loss until 2 months after when it speed pass my N17 and got to N57 and I quickly sold thinking I have hit jackpot only to see the stock hit N250 some 2 months after. Kai, it was like: Why am I so impatient

I was very tempted to do like you at 33k but I passed the temptation.

PETERiCHY:
One Forbe Richest African Guy is baking a very DELICIOUS CAKE.
DON'T be left OUT!

*ThE OcToPuS*

http://www.nse.com.ng/Financial_NewsDocs/25851_DANGOTE_FLOUR_MILLS_PLC_CORPORATE_ACTIONS_APRIL_2019.pdf.

PETERiCHY:
One Richest African guy is baking a DELICIOUS CAKE.
DON'T be left OUT!

*ThE OcToPuS*

http://www.nse.com.ng/Financial_NewsDocs/25851_DANGOTE_FLOUR_MILLS_PLC_CORPORATE_ACTIONS_APRIL_2019.pdf.

Why is Aliko selling DF....?

Princkez:
I'm finished ooooo, Just sold my 120k units of DF early this month

I sold my 3M unit feb or so..i cant think straight now...why me.. ..

tritritri:


I sold my 3M unit feb or so..i cant think straight now...why me.. ..

bros i'm sorry about that, i believe something better Will still come your way

tritritri:



Ofcourse dere...got 2m unit at 4.5 ...already sold half at 6.

DF at 10...thank God i didnt sale all my unit at 5.8...just half at 8.5-9...keeping d half

WISH I NEVER SOLD MY OTHER HALF. KAI.

tritritri:


I sold my 3M unit feb or so..i cant think straight now...why me.. ..

Don't regret, no one knows 2morow.

What if it went the other way?

tritritri:



WISH I NEVER SOLD MY OTHER HALF. KAI.

Relax oga...go buy now.....DF may reach km 20 before june

tritritri:


I sold my 3M unit feb or so..i cant think straight now...why me.. ..

No need biting your fingers in regret. The market is full of opportunities. Only the ability to recognize them as they come is what really matters.

yok:
RE: SELLING OF DANGOTE FLOUR TO OLAM

Interesting development. If Olam is buying the Flour arm, I will not be surprised if Olam equally go for Dangote Sugar soon.

Let us keep watching.

CAUTION: This is just my personal opinion. It is not news or fact.

i doubt though cos of sentimental value

Sugar was where Alhaji started it all and so he might find it hard letting go, plus he still has a dominant market share in sugar (abt 35-40%) unlike Flour where his market share was even below 10%


However what might propel his action (towards divestiture) might be his further foray into heavy industries (cement and now petroleum / petrochemicals) this end are capital intensive but with large margins and fit more into Alhaji penchant for monopoly or near monopoly

Who will sell?

ukay2:



Relax oga...go buy now.....DF may reach km 20 before june

Dangote bought back DF at N3ish
Now selling at N26

Princkez:
I'm finished ooooo, Just sold my 120k units of DF early this month

Instead of worry about a missed opportunity, why not think of what might likely present itself as ‘the next big fish’.
Think about this; If OLAM could afford to pay a supposed approx. N25-26.5 valuation (a possible 125% ROI from current mkt price), for a non-mkt leader in the flour business segment, then what would they have possibly paid for the mkt leader- FLOURMILLS, whose business spans across several other chains aside flour, if a similar opportunity were to present itself?
I think FLOURMILLS @ the present price of N16.40 might just be the likely next big fish.
Believe I mentioned that here recently when I posited a N16.50 intrinsic value for FLOURMILLS.
…It presents a good MoS discount to tap from.

But then again, due diligence should still remain ur 1st priority.

Agbalowomeri:
Dangote bought back DF at N3ish
Now selling at N26

u forgot he had sold some part to Indomie noodles last year

so definitely it wld be more than N26

Though the N26 wld be less current debt according to d bulletin

onegentleguy:


Instead of worry about a missed opportunity, why not think about what might likely present itself as ‘the next big fish’.
Think about this; If OLAM could afford to pay a supposed approx. N25-26.5 valuation (a possible 125% ROI from current mkt price), for a non-mkt leader in the flour business sector, then what would they have possibly paid for the mkt leader- FLOURMILLS?
I think FLOURMILLS @ the present price of N16.40 might just be the likely next big fish.
Believe I mentioned that here recently when I posited a N16.5 intrinsic value for FLOURMILLS.
…Its presents a good MoS discount to tap from.

But then again, due diligence should still remain ur 1st priority.

i doubt this also if you take ownership structure into consideration
was easy for Dangote cos his hand were in other pies
the only possibility of this happening is if d sales wld only be for the Flour business of FMN
remember FMN is much more larger than the flour business alone
however i totally agree with you on the price perspective

Agbalowomeri:
Dangote bought back DF at N3ish
Now selling at N26

Aliko is a game boy.
He has done a double (Tigerbrand & Olam).
Glad I believed him in both.

robobo:


i doubt though cos of sentimental value

Sugar was where Alhaji started it all and so he might find it hard letting go, plus he still has a dominant market share in sugar (abt 35-40%) unlike Flour where his market share was even below 10%


However what might propel his action (towards divestiture) might be his further foray into heavy industries (cement and now petroleum / petrochemicals) this end are capital intensive but with large margins and fit more into Alhaji penchant for monopoly or near monopoly

U are 88% correct !!
...very well spoken my dear.

robobo:


i doubt this also if you take ownership structure into consideration
was easy for Dangote cos his hand were in other pies
the only possibility of this happening is if d sales wld only be for the Flour business of FMN
remember FMN is much more larger than the flour business alone
however i totally agree with you on the price perspective

NOT saying FLOURMILLS could go on sale.
...was ONLY taking a comparative but tentative view of things from a price VALUATION perspective.

It is well !!

robobo:


i doubt this also if you take ownership structure into consideration
was easy for Dangote cos his hand were in other pies
the only possibility of this happening is if d sales wld only be for the Flour business of FMN
remember FMN is much more larger than the flour business alone
however i totally agree with you on the price perspective

Furthermore my fear really is for FMN on how it wld cope with a competitor of OLAM calibre in the Flour space
Startegically it wld rather make more sense for FMN to become a little more bigger in ready for competition with Olam
so i see more consolidation in that industry (FMN swallowing smaller player) though there is a major constraint of Cash for FMN presently cos they are just deleveraging there balance sheet

onegentleguy:


NOT saying FLOURMILLS could go on sale.
...was ONLY having a tentative view of things from a price VALUATION perspective.

It is well !!

Chief i know you didnt say so

what i stated are my opinion also and not fact

was only trying to rub minds with you and would wish some other knowledgeable pple wld join maybe unique perspective cld come therefrom

Princkez:
bros i'm sorry about that, i believe something better Will still come your way

What is better and what can be better... Let everyone pour their hearts out. This one is too much

my pain is missing Diamond bank at 70k by now i know my worth chai

Village people at work

Princkez:
I'm finished ooooo, Just sold my 120k units of DF early this month

robobo:



Furthermore my fear really is for FMN on how it wld cope with a competitor of OLAM calibre in the Flour space
Startegically it wld rather make more sense for FMN to become a little more bigger in ready for competition with Olam
so i see more consolidation in that industry (FMN swallowing smaller player) though there is a major constraint of Cash for FMN presently cos they are just deleveraging there balance sheet

I'm afraid the Olam would want to run FMN out of business. Anyone paying so much for DFM would hesitate to go for the jugular if the oppourtunity arises. Olam is much bigger company worldwide. By the time they roll out their arsenal in this business, who knows what'll happen

I am just thinking that this Next Level we would have more buyouts than real stock price growth from a growing economy...

I expect to see more of this in the coming months/years... Buyouts and subsequent delisting is not a good thing for our market.

To think people are blaming MTN for listing on the NYSE.

rebekah2011:
Who will sell?

Some people bought today na...

So na companies wey no dey perform well dey make people rich now ?
Happy for everyone in this bus.. make una too chop una 100%

Yayira:
So na companies wey no dey perform well dey make people rich now ?
Happy for everyone in this bus.. make una too chop una 100%

Na so oooo! Sick companies are changing people's fortunes while fundamentally sound ones are causing frustration here and there.
What an interesting irony!