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yodiyokun (f)
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Imagine what having offshore institutional investors on board will do to corporate goverance. It will definitely improve. No closed economy ever does well.
More not less!!
On the off side - No be all these westerners run enron down? - thats cause they were caught with their hands in the cookie jar. Any one following Conrad Black - today is his sentencing. Any one following Warren buffet and the AIG saga? What of that yeye German they want to extradite from Canada - claiming he bribed the ex-Prime Minister. The PM did not deny but said the code of conduct at that time was not against it and he got the bribe after he steppe down as PM. I guess you must have heard of Siemens and their fine from the German govt - they will still be fined in US thanks to Sarbanes Oxley. What am I saying- Don't count 100% on Corporate Governance, It will definitely be better because there are laws like US foreign Corrupt practices act that govern what this institutional Investors do in corrupt countries such as ours. The good part is - if they are caught peren - na jailhouse be that or suicide Unlike our people  they will still be flaunting it. But leave story ---- We need their money   Did you read about restrictions on who can invest in MTN--- how will that work? No be only politicians get that kind of money they are looking for  |
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RoughCut (m)
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Roughcut - I agree with you my man, but that may only be step 1, and also those percentages you mentioned are dangerous enough, especially if the close 2nd only holds 2%, these are megacorps, 1% is huge, when shareholder voting on issues comes around, could sway things in their favour a little (1 party owning 13% or 35%, and over a million sharing the remaining)
by the way, i don't post much, but wanted to give Kudos to all the gurus & others for their continued selflessness, you know yourselves , wanajo, pumping, easimoni, fatherof2, roughcut, emmaachile, aylala, shigidi, windywendy, yodiyokun & others (sorry I can't remember/type all names, but you know urselves)
Some of the institutional investors already have representatives on the boards of these banks in executive capacity to jealously guard their interests. Helios and Sabre are off-shore institutional investors in FCMB and guess what? they were preferentialy alloted about 60% of the last PO and i think the deputy managing director or may be one of the executive directors of FCMB is from Sabre so these institutional investors are already on the ground! |
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RoughCut (m)
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On the off side - No be all these westerners run enron down? - thats cause they were caught with their hands in the cookie jar. Any one following Conrad Black - today is his sentencing. Any one following Warren buffet and the AIG saga? What of that yeye German they want to extradite from Canada - claiming he bribed the ex-Prime Minister. The PM did not deny but said the code of conduct at that time was not against it and he got the bribe after he steppe down as PM. I guess you must have heard of Siemens and their fine from the German govt - they will still be fined in US thanks to Sarbanes Oxley. What am I saying- Don't count 100% on Corporate Governance, It will definitely be better because there are laws like US foreign Corrupt practices act that govern what this institutional Investors do in corrupt countries such as ours. The good part is - if they are caught peren - na jailhouse be that or suicide Unlike our people they will still be flaunting it. But leave story ---- We need their money Did you read about restrictions on who can invest in MTN--- how will that work? No be only politicians get that kind of money they are looking for That is just patronizing to say the least! Imagine MTN saying they will scrutinize every applicant and some categories of people have already been barred. Who exactly do they think those who will forking out N600M to invest in MTN are? I find the article a bit offensive really  |
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steeviee (m)
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@KPINEO & FATHEROF2
can you give me contact to your broker?
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Mr. Risky
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Gents, i hear there are lot of public holidays coming up soon in this December. How do you think this will affect the Stock Market in terms of prices? Do I sound stupid? Muslims will have theirs on Friday 21st and Monday 24th and the rest you already know.
Will GDR affect Diamond bank in any way - positive or negative?
The cash on hand is not fitting the small size of my pocket, hence these questions as I am intent on placing a buy order. Regards
CKENETH YOU ARE REALLY WELCOME, YOU WERE AND STILL REMAIN A RESPECTED GUY ON THE SMN
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yodiyokun (f)
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NO mind them- sebi no be their fault - na we wash our dirty linen for public na!!!. Them craze no be small ooooooo forgive the pun. If indeed they are as holy as they depict , how on earth have they managed to cope in Nigerian landscape and make a hell of a lot of money- they too are dancing to the corrupt beat - chikena so they should not run their oily mouth  |
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pumping777 (m)
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Anyone seen Aiico's prospectus??
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Panadol (m)
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@pumping,
is AIICO out? If yes, please send the link of the article.
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kpineo
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@STEEVIEE
I use a small company called Consolidated Investments Limited (CIL).
Not big like zenith and co, but it is good to be able to have someone to call in a company and have a listening ear. no analysis and stuff from them though. just buy and sell orders and they deliver on time. no stories.
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kpineo
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@PANADOL this your screen name na die oh, why you no use LUCOZADE |
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Panadol (m)
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@kpineo.
The headache just too much.
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pumping777 (m)
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@pumping,
is AIICO out? If yes, please send the link of the article.
Someone reported reading it in the Punch Newspapers today. I expect this PO to be very unpublicized. |
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barge (m)
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AIICO p.o opens today till the end of the month, there was a full page advert in the Bizday today. Will post prospectus as soon as can lay my eyes on it .
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yodiyokun (f)
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Someone reported reading it in the Punch Newspapers today. I expect this PO to be very unpublicized.
But that will not hinder bargain hunters - a lot of people will buy it with their eyes closed. as far as they are not going under any time soon. Their mates are trading at over N3, that 50% already !!!! |
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ulohomuno
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dear All,
please i need to know the status of the skye shelter fund. when is it going to be listed.
thx
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tiwantiwa
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dear All,
please i need to know the status of the skye shelter fund. when is it going to be listed.
thx
-------------------------------------------------------------------------------- Ulohomuno Eze Afieroho HND, MBA, PMP does dat stand for pumping , i mean PMP , just an aside |
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nzemillion
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pls, is it easy to get Eco Back in the floor?.
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Rob-roy
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Sey Access suppose release results? Na wah o! Please post Aiico prospectus anyone,
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nzemillion
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pls, i need urgent advice , can i get Eco bank shares in the floor?
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pumping777 (m)
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-------------------------------------------------------------------------------- Ulohomuno Eze Afieroho HND, MBA, PMP does that stand for pumping , i mean PMP , just an aside I was wondering too |
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Panadol (m)
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@All,
What ever happened to Costain PO?
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pumping777 (m)
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@All,
What ever happened to Costain PO?
The jist was that NSE did not accept it as offered and Costain has to re-package it. |
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oore (m)
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I salute the gurus [sub][/sub]though i do not like this word[sup][/sup] and everybody in the forum. Una welcome back from the TS. Can someone who gets daily FSDH updates hook up a brother regularly? I subscribed over 2 weeks ago, never received any update.
my address is oore16(at)yahoo.co.uk
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NBA (m)
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@oore
I emailed it to you.
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oore (m)
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@NBA
You do well. forget me not onwards. More grease to your knuckles in cruching.
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samstone4 (m)
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@pumping777 I too could not use the link you provided for Access allotment. The problem is even the megaload thing does not seem to work for me - never used it before and have even tried registering etc. Will need time to master it. Please just copy and paste the allotment here. Many thanks! Samstone4  |
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oore (m)
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@samstone4 and all in similar positions,
Not usurping pumping rights, I have downloaded the document, I even tried to attach it in this response. The file is about 660KB. Limit allowed on the forum is 200kb.
You can easily download the file from megaload. You have to enter 3 digit code displayed at the upper right hand corner of the site when you connect, wait for some minutes and then click on the download button in the free download column. No registration required. try it.
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Man Jiro (m)
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@samstone4 and all in similar positions,
Not usurping pumping rights, I have downloaded the document, I even tried to attach it in this response. The file is about 660KB. Limit allowed on the forum is 200kb.
You can easily download the file from megaload. You have to enter 3 digit code displayed at the upper right hand corner of the site when you connect, wait for some minutes and then click on the download button in the free download column. No registration required. try it.
Strong Man Pumping. Thanks for the info? I am kind of lost here: what is the website for the megaload? |
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Man Jiro (m)
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@ oore
Can you help? Whats the website for the megaload?
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pumping777 (m)
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Strong Man Pumping. Thanks for the info?
I am kind of lost here: what is the website for the megaload?
Go here for the megaload link. http://www.megaupload.com/?d=2DY0H1ZBEnter the characters in the top right hand side, click download and then on the next page wait for the count down under the column "free". Once this is complete, click on "Free download". |
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Man Jiro (m)
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@ Pumping
Thanks alot Pumping: I just downloaded it.
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