I have 500k since last month waiting for Dangote flour. Those that said it will come out by ending of July, where is it. Any useful info. on when it is coming out. Considering future value of money where can I put it or should I still wait. Afribank would have generated 1m plus since last month. Still considering Acess PO. Plz advise!

HEy Bro,

I learnt Access was oversubscribed from #6.00 to #19.plus. But I did bought 1000 Units though, You risk money to make money, Abi?

When is Dangote IPO coming out? Seems this govt policies (eg as regards cement importation and lately some concessions) is not going to be as favorable towards Dangote as the last.
What do u guys think and how will this affect investment in his company?

Gurus in da house, plz I need your candid opinion.

Please read this-------http://odili.net/news/source/2007/aug/12/552.html

Looks like Dangote is in a bit quandary with the Fed Govt not sure how this will play out regarding the proposed flotation of some of his conglomerates as the Fed Govt is bent on withdrawing the concessions some of his companies enjoy

Looks like its not going to be a PO for Dangote Flour.Check the excerpts of an e-mail i got from from proshare.

Quote
Dangote Flour will most likely now be a Private Placement due to the non-agreement of a fair value for the offer between SEC and the company. The PP should take place in the next few weeks

Unquote
So the question is what is a fair value? looks like the authorities is on the guy`s case. If its a private placement am i right in assuming that the guy can float the shares or place the shares at a price he deems fit?

Finally D IPO is for sept 3.What do d u guys tink.Seems they will be usual over subscription and return of monies.What are the prospects technically.To avoid return of monies some are saying buy in small quantities in relatives names etc.But what about verification and eventual sale.Gurus in da house pls reply.easimoni ,aylala, temmie10 ,everybody
http://www.businessdayonline.com/?c=54&a=15631