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Welcome Ian. RR beats me to it and explained beautifully.
I’d say AK will only announce if the new deal is all done and dusted. I doubt he would want another prolonged suspension. I’m hoping two done deals announced at the same time, or ver close to each other in a matter of days.
Yes thank you all for your analyses I’m now a little cheered up after the most recent posts. My main concern is can the Nigerian business keep up with the debt and everything else and not going bust. It sounds silly but it’s a real risk.
I completely agree if we’re trading today we’d have been in the teens. If we come back without SS and no other deal I still think we’ll be in the teens. I know a lot of you don’t agree. I don’t trade so short term price doesn’t concern me as long as the business has a bright future. Good night.
How much do these renewable projects costing us? The more I read the rns the more worried I am. Can we afford to finance all these projects from our Nigerian business alone? I know that’s the worry some posters have talked about for a while. I am super worried.
Shore’s note hardly touches on anything. Just repeating the numbers. Malcy will do the same. Doubt ak will do any interview. I’m only interested in our real/current core business in Nigeria. Don’t think SS will complete. Millions of reasons the government should say yes but only one word needed: no. Think the company had not been upfront with us on many fronts. Too many unanswered questions. A little worried to say the least.
I vaguely remember from some posts that according to the company the devaluation is of no effect or even beneficial to us? I didn’t quite understand at the the time and wondered how could that be. This is actually very worrying. We need Zengas and Zone and other clever posters.
Was hoping for an rns first thing this morning. We all know now it’s 100% the deal has not been approved. Sure the government hasn’t said yes or no, but pretty sure they’re unlikely to say yes. Let’s hope Nigeria is doing exceptionally well and we have more new contracts. Niger? Well who knows when we will see rewards and honestly it’s not even on most people’s minds. Happy/sad Friday we still have to face it. Rest well tonight everyone.
Zone, of course I got it, and I’m not having a dig. I wouldn’t to anyone never mind you :) I’m just saying as the topic came up. I certainly don’t think he should have any bonus or even a raise. I like him and think he’s super clever but ultimately he needs to take full responsibility.
I think most of us feel this deal will not be approved.The government has no intention to let us buy these assets. I did think all wasn’t well came the June deadline when it still wasn’t done. I’m just sad. Talking about AK’s bonus, really? Share price performance based? I respect him but ultimately he is the ceo making all the decisions and got paid handsomely for the task. I just don’t know what to think. Good luck all, my virtual friends/holders.
I’m very excited to be seemingly very wrong. Yet the fat lady still hasn’t sung yet. Let’s hope it’s music to our ears when she does.
Guess this will be corrected tomorrow? https://mofaic.gov.ss/news-releases/
Do these officials treat everything like a game? Well rest early tonight for more developments tomorrow. 😴