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ololufemi
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@ l.o.m.a.h, @ololufemi, and CKENNETHS could u please say how reliable your source is? i think listing it that late after close of applications will really trigger a massice bull rally. lol. i bought a paltry 15,000units, do u think this would be considered for 'downsizing.'?? i wouldnt think this was large enough though. With regards to Dangote flour, my source is from the issuing house and I no go mention name because I no fit allow make person come sue me oh. Because of all this over-over-over subscription wey dey market, I decided to narrow my limit to 10,000. I wanted to purchase 25, 000 units so I did it by proxy through my mum and my sister with 10,000 and 5,000 respectively. I cannot say if 15000 is too much but will clarify from my source (funny I forgot to ask him) Also expect a charging bull run but may not be as strong as flour. Believe me, Dangote would not want to lose out on this one. Bull run makes him richer, and we too, 
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Naijadr (f)
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quote author=ckenneths I still haven’t gotten a satisfying answer to one question bugging my mind. Supposing your stock broker fails to meet the 1 bil naira capital base by next yr end, and your stocks are still lodged with him, what happens to the stocks since the broker will not be allowed to trade on them forthwithasking same question, but i think the best strategy for now is to stay with firms attached to banks(to be on a safe side),because they will surelly meet up with the required capital. expect a lot of PP's and IPO's from most brokers in 2008,to be the rat race. it is a pity no clear inform is coming out from NSE,concerning this recapitalization issue.
Hence the BGL PP  wonder who all is buying that one, if big folks like BGL havent reached that one comfortable, folks with smaller brokers be careful. Hope its a smooth transition that doesnt affect the market too much
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ololufemi
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@ Pumping,
Abi oh and to imagine AP snapped up to N140.
Na who dey buy am sef. Hmmnnnn
Otedola is at it again oh
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l.o.m.a.h (m)
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@OLOLUFEMI
nice one, thanks for your response. please keep me and all other dangote buyers updated with any news from your mystery source. cheers.
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yodiyokun (f)
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@Aktopgun,
The long awaited newborn is here!!! - Many congratulations
I am very happy for you guys, my regards to madam.
Like others said - welcome to sleepless nights
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pumping777 (m)
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@ Pumping,
Abi oh and to imagine AP snapped up to N140.
Na who dey buy am sef. Hmmnnnn
Otedola is at it again oh
AP started another run today. I wonder if this one can be sustained.
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alliednetw
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@Wanajo
GSK is ready for your kill! Closed at 19.02 today
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crazyT (m)
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@ All
I am tired of my broker Partnership Inv. I want to move to Meristem Sec. ltd I beg who know them? Is there any one with news about this firm? Both positive and negatives news are welcome. Make man no come from fry pan jump to fire.
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ololufemi
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@ CrazyT, @ All I am tired of my broker Partnership Inv. I want to move to Meristem Sec. ltd I beg who know them? Is there any one with news about this firm? Both positive and negatives news are welcome. Make man no come from fry pan jump to fire. Carry your money and craze go Afrinvest. They are more sane than the orders. Repeat again: Brokers are good for purchase and sale. You must be firm with them. Na your money they pay them give them commission and salary Do not allow any broker play on your intelligence. If you are not domiciled here, request for responses, contract notes, emails for confirmation et al. My broker is my friend only on weekends and public holidays But on working days, I dictate what is done with my money and with strict, firm instructions Happy investing.
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ckenneths (m)
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Did you just say Meristem? Well, I was thinking they are a very nice outfit (never used them myself) until somebody in a thread in stockmarketnigeria.com ripped them to pieces. He says their service delivery is horrible and that they have untrained receptionists. Check out the thread called First bank allocation in that forum for more reading.
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FatherOF2
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O men na tomorrow me dey buy oh.I clearly see some sallah selling today. Opportunities just dey pop up. Who get spare N285 million, i go pay am back with 5% interest on Feb 22nd.
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bigjay01 (m)
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Pumps thanks for the prospectus, oya over to phase 2 - rip am to shreds and digest your findings with the house (as usual). I de your side ohhhh.
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blueband (m)
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Was also thinking of using Meristem until I saw the thread about their poor service.I am using Futureview now.So far so good.
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Talktrue (m)
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@ FatherOF2 no be only millions na billions.  Special anouncement mek all this deep pocket people no d harrass us with this kain money wey na for movies we the hear them before. See me we consider myself as excess Bigboy with my 100,000 monthly salary na me you the mek poor man so. Abeg e don do. No more mention of cash, mek man pickin no begin think wetin e no suppose think, 285 million hmmmmm we excort somepeople come this place oooo chei  But anyway God day we go mek am @fatherOF2 when u buy finish 2moro tell us wetin u buy because I "Thomas" wan take my eyes see the rally. Diamond hs all I can ask for but this GDR thing, nna men the fear of GDR na the begining of wisdom as far as am concerned, but anyhow if the thing no wan move you can sit and be rest assured you have a fundamentally sound stock
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yodiyokun (f)
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O men na tomorrow me dey buy oh.I clearly see some sallah selling today. Opportunities just dey pop up. Who get spare N285 million, i go pay am back with 5% interest on Feb 22nd.
Baba Ibeji - did you just ask for a soft loan of N285M  Oh Mi God @Pumping, Hmm this costain people sha ambitious ooo. They are overbloating the number of their shares?? what da. By the end of this offer they will have about x7 of their current listed shares. They are even offering more to existing shareholders? I never read finish but on cursory glance  ? I am skipping this one.
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ololufemi
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@ All, Una go talk sey I don come again but wetin I go do. I just wan help, To all my foreign partners on Nairaland  The details of how to go about the Zenith offer, Do You Live abroad like YodiYokun,Do you live abroad and want to invest in Nigeria? You now have the opportunity to invest in the Zenith Bank PLC Public Offer starting from December 6th, 2007 - January 17th, 2008. How do I pay for the shares?If you wish to pay in foreign currency, which will be converted to Naira, kindly adopt the CBN Marginal Rate as a reference for conversion, as well as in determining the volume of your investment. Please make a wire transfer to Zenith Bank Share Purchase Account using the details below: CITIBANK N.A. CANADA SQUARE CANARY WHARF LONDON E14 5LB ACCOUNT NAME: ZENITH BANK PLC SHARE PURCHASE ACCOUNT Sort Code: 18 - 50 - 08 Account No: 11911147 - Currency (GBP); Iban No. GB64CITI18500811911147 Account No: 11911139 - Currency (EUR); Iban No. GB86CITI18500811911139 SENDER: ( THIS IS THE NAME OF THE PERSON/INSTITUTION SENDING THE MONEY) -------------------------------------------------------------------------------- CITIBANK N.A. 111 WALL STREET NEW YORK NEW YORK 10043 IBAN 021000089 ACCOUNT NAME: ZENITH BANK PLC SHARE PURCHASE ACCOUNT Account No: 36890084 - Currency (USD); SENDER: ( THIS IS THE NAME OF THE PERSON/ INSTITUTION SENDING THE MONEY) -------------------------------------------------------------------------------- Please note that the name of the sender of the funds MUST be the same as the name on the application form. Completed forms MUST be sent by courier to: Zenith Capital Ltd, Zenith Heights, 84 Ajose Adeogun Street, Victoria Island, Lagos, Nigeria ATTENTION: Agbo Ben Andrew, Simon Bassey, Oluwakemi Lawani Jolaoso Conditions: These completed forms must get to us on or before 17th January, 2008. The foreign exchange received will be converted into the Naira equivalent at the prevailing marginal rate of the CENTRAL BANK OF NIGERIA on the day the funds are received by Zenith Bank PLC. For more details, please email Zenith Capital at enquiries@zenithcapitalmarkets.com or call us on 01 2785000 and 01 4645000. Mobile: (234) 07088111111, 08057760000 and 08056160000. Fax: 234-01-2700462 and 234-01-270321
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ckenneths (m)
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@Fatherof 2, the way we you dey take mention money fit cause somebody heart problems.
I tire ooo!
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MyPeace (f)
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@all
please where else can i check the daily price, nigeriansecurities didnt update their site today.
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FatherOF2
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Baba Ibeji - did you just ask for a soft loan of N285M  Oh Mi God Yes MA, Canadian dollars is acceptable,just send me the Western Union Password.
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bigjay01 (m)
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Looking at costain prospectus, does anyone know they were making heavy losses for 4 years prior to YE 31/03/07. What caused the change in fortune in 2007?
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texas543 (m)
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@all
please where else can i check the daily price, nigeriansecurities didnt update their site today.
trw-stockbrokers.com just clisk NSE today
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FatherOF2
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@fatherOF2 when u buy finish 2moro tell us wetin u buy because I "Thomas" wan take my eyes see the rally.
If you bring the money, RALLY must come.
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LondonCool (m)
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If you are abroad isnt it better to fill out a copy of the Zenith Bank PO form , scan it and ask someone (a friend/or family member) in Nigeria to print it out and help you to purchase it in Nigeria ? Its better than sending funds by SWIFT transfer through Correspondent Banks. Thats how I've been purchasing all the IPO's and PO's from UK-the scanned copies are accepted as being valid.
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ololufemi
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@ Fatherof2,
Baba,
When you are big, You are big
When you are large, You are in control.
I show respect oh. Anyway my mind no dey deceive me.
I know sey na large person they provide all those incisive advise
E poju
You too much
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hbrednic
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for those interested in the MTN's PP. the house of Reps has order MTN to stop the sales of sim cards and clear up their act or get the booth. is the benin republic experience for MTN about to repeat in nigeria? full details in proshare. treasure loothers won't participate in our PP 
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texas543 (m)
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@Fatherof 2, the way we you dey take mention money fit cause somebody heart problems.
I tire ooo!
The fact that somebody asked for a loan does not mean he already has it. Folks don't get unnecesssary heart attack ooooo. Anybody can ask for loan provided he knows what he wants to do with it and he has the collateral  .
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Talktrue (m)
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@Ololufemi You are real yoruba man.
@easimoni I don send mail abeg "I will never let u go unless u bless me"
The biggest challange I'm facing now is orgainising my portfolio, if Salary come one stock will be hot then next time another one soteeeey my portfolio don fragment finish. I just want to recoup my investments and face less than four stocks squarely.
@Texas543 For you to ask for a $ 2 Million dollar loan you have to be worth that atleast.
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texas543 (m)
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@Ololufemi You are real yoruba man.
@easimoni I don send mail abeg "I will never let u go unless u bless me"
The biggest challange I'm facing now is orgainising my portfolio, if Salary come one stock will be hot then next time another one soteeeey my portfolio don fragment finish. I just want to recoup my investments and face less than four stocks squarely.
@Texas543 For you to ask for a $ 2 Million dollar loan you have to be worth that atleast.
Not always true
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MyPeace (f)
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trw-stockbrokers.com just clisk NSE today
thank you, but couldnt see NSE today to click on that page. please give me the real link to the desired page.
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