RabbiDoracle:


All global markets must go up. No exception.

fxuser:


Reminder
- its okay to buy support
- the cost of been wrong is lower
- dont let kobo kobo get in the way lollx
- FUGAZ pull back on low vol to prev resistance (flips to SS) looks okay

Dis
add zen

Mcy56:

Bulk of the bids are below N1.
Prof, your attention is needed. Is Oba cooking something or it's just anticipation of good result?

akinssan:


I guess is the tax wavier stuff.

Mcy56:



Coolcash, you'll need to apologize to this guy for handing your Kaya over to him.

akinssan:


I guess is the tax wavier stuff.

DeRuggedProf:


Na so, let the guy target below N1. If you enter above 95kobo, no call my name later ooo...
Be prepared to sleep for the bus, so carry your mat along...

NB: I no dey buy these kind of stocks oo. No matter the potential returns. It's in my black book too...

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/28844_HONEYWELL_FLOUR_MILL_PLC_FINANCIAL_STATEMENTS_JANUARY_2020.pdf
A company must make a profit for the tax waiver to make any sense.

gamaliel9:
Some stockbrokers are working hard these days...imagine sending e dividend and share transfer forms to you and informing you how to fill them and MORE IMPORTANTLY SCANNING AND SENDING IT BACK TO THEM...this saves a lot of stress and money

OBAGADAFFI:
https://nairametrics.com/2020/06/16/analysis-aiico-insurance-and-its-confusing-capital-raising-efforts/

AIICO wahala

Mcy56:

Just referring to his calls.
Flour mill inclusive.

gamaliel9:
Some stockbrokers are working hard these days...imagine sending e dividend and share transfer forms to you and informing you how to fill them and MORE IMPORTANTLY SCANNING AND SENDING IT BACK TO THEM...this saves a lot of stress and money

GonFreecss1:



Please which stockbroker is that?

Dupeodus:


The game of the AIICO majority shareholders and managers is clear. They want to seize the rest of the company from minority shareholders. The rights issue is unnecessary. They do not need the capital. However, they will divide the unsubscribed shares among themselves because many minority shareholders may not be able to pick up the rights or forced to sell a portion of what they currently have to pickup their rights. Either way, they win. After all of these, they will reflect the true state of the company in their financials. Why the regulators will allow them to get away with this is mind boggling. From the point of view of a minority holder though, AIICO is a very low risk enterprise with currently a pe ratio of about 1.7 even if you base it on 11.3 billion shares including the private placement shares. This has not factored in any growth for 2020. The rights issue will further dilute this but it takes the pe ratio to 4.25 at 2019 earnings level. Growth will reduce this ratio further. It explains why they want to corner this company.

dharpzee:
Please has anyone gotten their DANGCEM dividend o?

RabbiDoracle:




All global markets must go up. No exception.

Dupeodus:


The game of the AIICO majority shareholders and managers is clear. They want to seize the rest of the company from minority shareholders. The rights issue is unnecessary. They do not need the capital. However, they will divide the unsubscribed shares among themselves because many minority shareholders may not be able to pick up the rights or forced to sell a portion of what they currently have to pickup their rights. Either way, they win. After all of these, they will reflect the true state of the company in their financials. Why the regulators will allow them to get away with this is mind boggling. From the point of view of a minority holder though, AIICO is a very low risk enterprise with currently a pe ratio of about 1.7 even if you base it on 11.3 billion shares including the private placement shares. This has not factored in any growth for 2020. The rights issue will further dilute this but it takes the pe ratio to 4.25 at 2019 earnings level. Growth will reduce this ratio further. It explains why they want to corner this company.

Dum20:


Oga Oracle,

Are you still optimistic about a rally when nigerias debt compared to income in first quarter income is almost 100%

Who will want to bring in money into such an economy or who will want to keep money in such an economy?

I am just a learner oo.

I think the future is bleak