I can confirm I am not and have no relation

megawealth01:


Is this @customstreet?

Those interested in Cardinal Stone Equity Reports: https://research.cardinalstone.com/reports

Time to Jijo

Sunrisepebble:
Flour mills owners, hold or consolidate your position, E get why.. All I can say for now

Free float for FMN should be about 35%. The full bid in FMN has caused contagion effect in HONEY, to be honest I am not sure how the pending transaction with FMN positively affects HONEY but I will find out

OakPearl:


I am thinking it has a lot to do with the hint @Sunrisepebble’s dropped.
Broker to broker cross deals might be happening, with a few retail-retail investor’s transactions.
But in all, when a stock goes full bid, no one wants to sell.
I haven’t checked the free float though to answer your question fully, but I recall Flour’s bull run from N18 to over N40 some years ago. Noticed the illiquidity then too.

I dropped initial info here two weeks ago, seems the news has cast in upper circles as it’s on full bid now. I will drop more info: they’re at SEC for an equity related transaction which should be completed before end of year. I quoted ~#60 as a target price but I think I misheard, now hearing ~#70 can be a reality. Do your own DD

vacanci:
Is there any news propelling the price of Flour Mills Plc?

I recommend that everyone follows Cardinal stones equity reports. They published report on Total Energies at the 52wk low of #321.50 in May, with a forecasted 12M target price of ~600, I quietly took position, and have gained +109% on the stock. They're forecasting 1trn in Revenue, #125 EPS (vs #38 in '23) and #82DPS (vs #25 in '23)

megawealth01:
https://nairametrics.com/2024/09/12/total-q3-and-q4-financial-forecasts-key-market-takeaways/

TOTAL Q3 and Q4 financial forecasts: Key market takeaways 

vacanci:
Is there any news propelling the price of Flour Mills Plc?

Please, someone enlighten me, what does the term "Monkey Hunting" mean?

Understood. FM should still be a buy but please DD, I don’t think it’ll get to that my target of #60 in one day. With regards DangSugar no information but I will revert to you if I hear anything

Hedgefunds:
.


No Need Again...FM is already on FB...i wish you had responded earlier

Do you think dangsugar merger is still possible ( I invested hundreds of millions and am in a big loss at current price..I don't mind paying for exclusive or consultation if an opportunity like this comes. . reason for my Request for DM...nothing personal ...just NGX.
As a high value trader ...If not for Issue with DANGSUGAR not sure i will send a DM to YOU.

GT was successful. You have to remember it’s largely institutional investors buying up, retail is a very tiny fraction and the foreign investors love GT. But I applaud them as their advertising touched everywhere.

Streetinvestor2:
Do you know if gtb own was equally successful

It will be best if uba come for RI after full year results. The street is not smiling with this new price on fuel oh

At present they have notified SEC of their intent to do RI and instead of making a mistake like Accessco i.e a price that is at premium to Secondary market (although it was successful and fully subscribed) they have tested the waters with a blank RI price to SEC. More info soon

RodgersAkpafu:


they are holding it like last card

All is forgiven, he should go forth and sin no more

KarlTom:
Abeg no vex (in arrears & in future)

Olaide1295:

Posts like these would be deleted if I was a mod. You have no reputation, no precendents. Yet come here to give people advise without explaining why.
He says "E get why....All I can say for now". Mr. Man, who are you and why should people care what you have to say?

Against policy. I can provide more info but I don't want the news to cast and for volumes to spike and impact the transaction. Maybe a day or two before it drops but I think what I dropped regarding consolidate or hold a few weeks back was a good enough recommendation. Based on what im hearing ~#60 can be a reality. Please all, do your own DD

yMcy56:

There's nothing unfortunate there in my opinion.
You don't even reply emails because when you mentioned it and didn't say anything further, I expected that people here will ask you but they didn't, so I sent you msg but you didnt reply.......against your policy?

That's what calling people Monkey Hunter can cause....
Make those name callers continue...

Please ask on here

Hedgefunds:
@Sunrisepebble , Can i send you a DM...it about the FLourmil ...Please

Further info on this, the exit by the PE will likely be a public offer/ offer for sale. So not necessarily a dump in the market and investors will likely be aware ahead of time. Think back to MTN IPO in 2019, and then offer for sale in 2021 at a discount to market price. Seems to be the case here again. When exactly will it be, not sure, will bring more information here as it comes

Sunrisepebble:
For those that want to enter Aradel this late and at this expensive price, let me add a caveat emptor. A PE firm that holds significant portion wants to exit on the NGX, so buyer beware. Don’t come and compare yourselves to us that have gained 100%+ already

I will reveal later, very sensitive at this time. I already advised to owners several weeks ago to hold or consolidate positions

yMcy56:

Something seems to be specially happening in FMN...
Since Sunrisepebble wont tell us, we'll wait to see whats brewing...

- Unfortunately can make no further comment at present

yMcy56:

FLOURMILL full bid @49.55
Any show?
Could remember you mentioned something like being at SEC this week or maybe last week.

For those that want to enter Aradel this late and at this expensive price, let me add a caveat emptor. A PE firm that holds significant portion wants to exit on the NGX, so buyer beware. Don’t come and compare yourselves to us that have gained 100%+ already

And they are set to commence PMS and LPG Production in Q4 this year

ololufemi:


I hope we also know that Aradel has a refinery that produces petrochemicals like Automotive Gas Oil (AGO), Household Kerosene (HHK), Marine Diesel Oil (MDO), High-pour Fuel Oil (HFO) and Naphtha.

Aradel PLC is another name we need to monitor closely before or when they enter the premiership league of the NGX. Heard it will be in October 2024.

While other Banks are reporting massive increases in impairment, they even reduced theirs by 70%

KarlTom:
Damn!

Final closing price on NASD before listing date is what will be used to determine listing price on NGX

GeeKudi:


Given that the pricing template of the two exchanges are not the same, don't you think it might list at a lower price than N467?

Final info on Aradel. Stock split, before end of next week, NGX listing October 14th.

Aradel is doing a stock split of 20x, current price is 9,350, which means if it were to list today, it will list at N467.50

GeeKudi:


Will it enter the NSE at such price?

That's scary

Something is going on in Transcorp, uptick in activity for the group and Power company

Flourmills @ SEC this week, more info later...

Still being determined, but can confirm between September 16 and first week in October

GeeKudi:


When is it coming to the NSE?

1.78trn

ggoldmine:
What's its current market cap?

Aradel stock split to be done in the coming week. Share price should rally again after last two days of profit taking

Okomu Owners. https://x.com/morris_monye/status/1832283108114108565?s=46

What is the reason behind the 100k rule? Was there a particular incident or what are NGX trying to avoid. Honestly, the NASD method of using a Volume Weighted Average Price reflects demand and supply dynamics better in terms of price movement