Coolcash1:


Finally, after much effort, wahala and series of visit to the registrar's office and submission of documents, i have finally being paid my Access-Diamond cash consideration...

Help me praise God...Victory at last...

@ukay2 @austinkenneth have you guys too been paid?

Congrats Sir.

Am still believing God......they said 2weeks time ....after getting my specimen signature from cscs

mendes911:
Mcy56, this is my post you have been referring to. Has MTN joined the bear run?

So what can we call the reversal in price from 159 to 128/130?
Anyway I don hear you. Las las you don argue your way out of settling me. Issorite.

GonFreecss1:
Nice. The champagne has been cooling on the ice.

Coolcash1:
Finally, i have finally being paid my Access-Diamond cash consideration...

Congrats Sir.
No dancing crew again?

Stocks with new 52 week lows
Flour mills #13.35k Pz #8.10k Eterna #3.65k

Intendy:
Stocks with new 52 week lows

Flour mills #13.35k
Pz #8.10k
Eterna #3.65k

The share price of Flourmills has accidentaly fallen into one of their miling machines...

Some lucky ones will make a kill here at the right time, the unlucky ones will be milled ruthlessly...

anjilgreat:


Really true. Thanks for this.

AkataYeriYeri:

Wow, cool post . Thanks for sharing

DeRuggedProf:


The share price of Flourmills has accidentaly fallen into one of their miling machines...

Some lucky ones will make a kill here at the right time, the unlucky ones will be milled ruthlessly...

Lolz
The person i thought will buy out this company is also selling his own.. chai businesses going south these days..

Prof if FM falls to 10 will you buy? If yes, why ? If No, why ?

Yayira:
Prof if FM falls to 10 will you buy? If yes, why ? If No, why ?

@Yayira U wan buy flourmil ? i dey think dangflour @16 ooh..but fear no let me.

CC mrcy , mende ,


Am not sure FM will pay dividend 2019 so am out .

The way market closed yesterday will put a stop to the falling price of flour mill.congrats to those who bought yesterday.Those who will buy tomorrow will buy at the high of yesterday closing price.

Cc:Tritri


The bull is here again.Whether one,two or three days bull,bull is bull.

By Friday next week, flour mill will sale @ #15.

locodemy:
The way market closed yesterday will put a stop to the falling price of flour mill.congrats to those who bought yesterday.Those who will buy tomorrow will buy at the high of yesterday closing price.

Cc:Tritri


The bull is here again.Whether one,two or three days bull,bull is bull.

By Friday next week, flour mill will sale @ #15.

loco i'll believe u in a week time.

tritritri:



loco i'll believe u in a week time.

No kill me with laugh oo

@tritritri just eyeing the stock oo.. hope I no dey eye kaya
As for DF my problem is collecting the money after the deal is done.. that na sure % but I no get straight to drag money from afar

tritritri:



loco i'll believe u in a week time.

The truth is, some will still make money with short period of bull while many will have their fingersburnt just like my friend who bought oando then @10 simply cos it was bullish,while hoping it would go up again out of frustration the guy sold for #5. The best bet is to be a smart investor. Some will make a kill and some would still be trapped during the short period

Yayira:
@tritritri just eyeing the stock oo.. hope I no dey eye kaya
As for DF my problem is collecting the money after the deal is done.. that na sure % but I no get straight to drag money from afar

Abeg who be DF registrars? Hope no be those yeye united pple. Me sex want join with my tbills money. Tbills done fall too much, Df go give better returns of more than 30%

Mpeace:
Abeg who be DF registrars? Hope no be those yeye united pple. Me sex want join with my tbills money. Tbills done fall too much, Df go give better returns of more than 30%

if d deal no go through...u go lose 60% in 2weeks...

Mpeace:
Abeg who be DF registrars? Hope no be those yeye united pple. Me sex want join with my tbills money. Tbills done fall too much, Df go give better returns of more than 30%

The name of the registrar slf go weak you to buy EDC Registrar.. I’ve not heard of them before.. let me check again

tritritri:



if d deal no go through...u go lose 60% in 2weeks...

Now know this, if alhaji never accept they’ll not send nse notice.. this deal sure but na how much be final payment and stress to collect the money na hin be koko.. if I dey lag be sure I’ll open and close office with that registrar

The coy is laden with too much debt. I will advise anyone that wants to buy to see the Q4 results before buying.

DeRuggedProf:


The share price of Flourmills has accidentaly fallen into one of their miling machines...

Some lucky ones will make a kill here at the right time, the unlucky ones will be milled ruthlessly...

Mpeace:
Abeg who be DF registrars? Hope no be those yeye united pple. Me sex want join with my tbills money. Tbills done fall too much, Df go give better returns of more than 30%

something tells me it’s more than that but even if na 30% e still sweet.. lolz

during the period of bull it is always advisable not to buy but if at all you have itchy fingers , it is better to buy fundamentally strong stocks that pays dividend regularly. zenith Gtbank Dangote Cement etc

aremso:


The truth is, some will still make money with short period of bull while many will have their fingersburnt just like my friend who bought oando then @10 simply cos it was bullish,while hoping it would go up again out of frustration the guy sold for #5. The best bet is to be a smart investor. Some will make a kill and some would still be trapped during the short period

like Oga Wanajo will always advise. It wouldn't be a bad idea to pay a visit to their offices if one will notice changes

Yayira:


something tells me it’s more than that but even if na 30% e still sweet.. lolz

rebekah2011:
The coy is laden with too much debt. I will advise anyone that wants to buy to see the Q4 results before buying.

Trust me, anyone that is buying, is buying to sell to olam!!

rebekah2011:
like Oga Wanajo will always advise. It wouldn't be a bad idea to pay a visit to their offices if one will notice changes

As per Information analysis
Hmmm

Yayira:


Trust me, anyone that is buying, is buying to sell to olam!!

Olam, the new maga in town.
Shake my head for oyibo pple

Yayira:


The name of the registrar slf go weak you to buy EDC Registrar.. I’ve not heard of them before.. let me check again

The thing is to buy now and do the e-mandate before the deal goes through. Because once the deal is done, them go start do guy

Yayira:


The name of the registrar slf go weak you to buy EDC Registrar.. I’ve not heard of them before.. let me check again

EDC is not bad compared to United.

They just relocated to Ilupeju

rebekah2011:
like Oga Wanajo will always advise. It wouldn't be a bad idea to pay a visit to their offices if one will notice changes

if olam is to use the lastest result of dfm for the offer. wat likely to be the net price per share ...

Anyone pls ?

tritritri:



if olam is to use the lastest result of dfm for the offer. wat likely to be the net price per share ...

Anyone pls ?

One Oga analysed this before with the current Q1 and arrived at N25 ....search

stcool:


One Oga analysed this before with the current Q1 and arrived at N25 ....search

25 is not bad at all. That is more than 50% return. But we need to be sure its 25. The calculations are becoming too much and confusing.

NoMoney:


The consideration is N130b adjusted for Net Working Capital and Net Debt as at the 31st of March 2019

Net Working Capital = Current Asset - Current Liabilities
Current Asset = Inventories + Receivables + Prepayment + Cash = N69.496bn
Current Liabilities = Trade Payables + Borrowings + Curent Tax Payable = N70.936bn
Working Capital = N69.496bn - N70.936bn = -N1.44bn

Please note that Networking capital has factored in all the Cash and most of the debt.

Outstanding Net Debt = Long term Liabilities = Long Term Borrowing +Deferred Tax = -N2.44bn


Therefore Total Adjustment = Working Capital + Net Debt = -N1.44bn + -N2.44bn = -N3.88bn

So in my opinion the adjustment is N3.88bn
Adjustment per share = N3.88bn / 5billion share = N0.78 (ignoring the 5m shares owned by crown flour mills

final purchase price = N26 - N0.78 = N25.22

Here it is.... Using Q1 result.