Proshare Logo
   Market Date: 23-01-2015   
Agriculture ARTS FINANCE All One Min News Archives Bonds Cap Mkt Sentiments Capital Market CASHLESS NIGERIA Commodities Corporate Earnings Daily & Weekly Market Updates Elections Enterpreneurship ETFs Forex Frauds & Scandals General Global Market Insurance Investors NewsBeat Islamic Finance Mergers & Aquisitions Money Market Mortgage Mutual Funds Nigeria Economy Oil Sector Opinions and Analysis Pensions People Personal Finance Politics Power Products & Services Professionals Property Public Offers Private Placements Regulators REITs Stock PICKS Taxation Telcos Travel & Tours Unlisted OTC MARKET World of Business

Honeywell Flour Mills Plc

Category: Public Offers Private Placements

  Read (2489)
Honeywell Flour Mills Plc

Dear Proshare Subscriber,

Honeywell Flour Mills Plc is conducting an Initial Public Offering (IPO) by way of Offer for Sale of  1,252,941,177 shares of 50kobo each and by way of Offer for Subscription of 941,176,471 shares of 50 kobo each at N8.50 per share. The offer opens on 3rd December 2008 and closes on 31st December 2008.
Research Approach

We have carried out the analysis of the company and the flour milling industry; noting other factors such as macroeconomic and market condition. We considered historical performance of the company as well as the company’s potential for growth. We used material public information and nonmaterial non-public information in arriving at our conclusion about the company.

Based on our analysis of the demand for the company’s products, industry characteristics, company’s position in the industry and the growth potential of the company, we place a BUY recommendation on the stock.
The report on Honeywell Flour Mills PLC can be found at our website. 

Best Regards,

BGL Research.

Tags: , 

Comment With Your Facebook or Yahoo! ID

Latest news

News on Public Offers Private Placements

About Us

Who We Are
Our Team & Partners
Corporate Governance
Advertise with Us
Subscribe / Unsubscribe
Site Map
News Feed - RSS
Contact Us
Volunteer Program
Message from CEO

News & Features
The Analyst / Market Data
Investor Relations Portal
The Regulator
Economy & Politics
Training Portal
Events Calendar
NewsStands - Online Reputation

Products and Services

Research & Market Intelligence
Analyst Services
Offers & Rights Support Service
Investor Relations Services
Alert & Subscription Services
Share Support Services
Proshare Consult
Event & Seminar Coverage
Market Directory
File a Complaint
News & Analysis

News from TheANALYST
Video News from WebTV
Money Market Updates
Opinions & Analysis
Nigerian Economy
Market Data
The Regulator
Discussion Forum

Subscriber Agreement
Privacy Policy
Data Policy
Copyright Policy
Comments in Site
Advertising Code
Conflict of Interest
Content Partnership
3rd Parties

Online Trading and Execution
Legal Support Services
Web/Technology Services
File a Complaint

CBN Governor 2014