zionexcellence:
Pls how much is the right selling for

Joysmart:
1125 units

ihedioramma:
i dont understand more example? what if i did not buy can i get the one for four?

Omexonomy:
I want to sell my right issue in oando i am having a total of 16500 units of oando if you are intrested call me or better still cheack my signature

kotlass:


Just want to be sure you are not kidding. How much are looking to sell each unit?

kotlass:




Anyway, if my assumption was right, I hope you understand that if you took up your rights, you would have to pay N22 per share (i.e N22 x 4125 = N90,750 that will be credited to Oando) . Should you decide to renounce your rights and put them up for sale, the value is the nominal value of each unit share, which is N0.50k ONLY. In other words, you are entitled to 4,125 units in the proposed issue and buyers will bid based on the N0.50k nominal unit. So if you are LUCKY, you just might cash 4125 x N0.50k = N2,062.50k (see money ).

Also, there is no need for the phone call thingy, fill the renunciation forms with your broker and keep your fingers crossed that no one will bid less than the N0.50k nominal value. If you see N0.05k bids, make you no provoke o or shout NSE mago mago.

I hope this makes sense, otherwise if everyone could pocket the proceed of the sale of their rights at N22, then the desperate/one-of-a-kind buyer of your right at N22 would have to pay Oando N22 also per unit share (Oando is the entity raising money not you )

kotlass:


Bros take your time o. You don't have rights in a company where you do not own shares. 1 for 4 means that for every 4 units, you get 1. Oya na, produce your 4 make we give you 1. Simples

duni04:
Could it be that FPI's make their investment decisions based on reports like this one?
http://www.thisdaylive.com/articles/icg-nigeria-heading-towards-volatile-vicious-electoral-contest/194801/

PETERiCHY:


Why post? they said they don't want political news on the forum, All they are after is making money. Small minds.

kotlass:




Anyway, if my assumption was right, I hope you understand that if you took up your rights, you would have to pay N22 per share (i.e N22 x 4125 = N90,750 that will be credited to Oando) . Should you decide to renounce your rights and put them up for sale, the value is the nominal value of each unit share, which is N0.50k ONLY. In other words, you are entitled to 4,125 units in the proposed issue and buyers will bid based on the N0.50k nominal unit. So if you are LUCKY, you just might cash 4125 x N0.50k = N2,062.50k (see money ).

Also, there is no need for the phone call thingy, fill the renunciation forms with your broker and keep your fingers crossed that no one will bid less than the N0.50k nominal value. If you see N0.05k bids, make you no provoke o or shout NSE mago mago.

I hope this makes sense, otherwise if everyone could pocket the proceed of the sale of their rights at N22, then the desperate/one-of-a-kind buyer of your right at N22 would have to pay Oando N22 also per unit share (Oando is the entity raising money not you )

kotlass:

Thks for the detailed explanation's.if my understanding is right its a NO for a short term investor liker me
Anyway, if my assumption was right, I hope you understand that if you took up your rights, you would have to pay N22 per share (i.e N22 x 4125 = N90,750 that will be credited to Oando) . Should you decide to renounce your rights and put them up for sale, the value is the nominal value of each unit share, which is N0.50k ONLY. In other words, you are entitled to 4,125 units in the proposed issue and buyers will bid based on the N0.50k nominal unit. So if you are LUCKY, you just might cash 4125 x N0.50k = N2,062.50k (see money ).

Also, there is no need for the phone call thingy, fill the renunciation forms with your broker and keep your fingers crossed that no one will bid less than the N0.50k nominal value. If you see N0.05k bids, make you no provoke o or shout NSE mago mago.

I hope this makes sense, otherwise if everyone could pocket the proceed of the sale of their rights at N22, then the desperate/one-of-a-kind buyer of your right at N22 would have to pay Oando N22 also per unit share (Oando is the entity raising money not you )

duni04:

Lol I agree with the ban on politics. But we should just be aware of the effects of happenings around us on the markets.

bigass:
Bnstl pls who are the registrars for these companies.
Total
Mobil
Nestle
Cadbury
Conoil
Seplat
Guinness
Nigerian Breweries.

Pls I have searched the internet but I got conflicting results thanks

joseph1013:


Total: City Securities (Registrars) Limited, 358, Herbert Macaulay Road, Yaba, Lagos.

Mobil: Union Registrars Limited, 2, Burma Road, Apapa, P. M. B. 12717, Lagos.

Nestle: Union Registrars Limited, 2, Burma Road, Apapa, P. M. B. 12717, Lagos.

Cadbury: First Registrars Nigeria Limited, Plot 2, Abebe Village Road, Iganmu, P. M. B. 12692, Lagos

Conoil: Meristem Registrars Ltd, 213 Herbert Macaulay Way, Adekunle, Yaba, Lagos

Guinness: Zenith Registrars Limited, Plot 89A, Ajose Adeogun Street, Victoria Island, Lagos.

Nigerian Breweries: First Registrars Nigeria Limited, Plot 2, Abebe Village Road, Iganmu, P. M. B. 12692, Lagos

Seplat: DataMax Registrars Limited, 7 Anthony Village Road, Anthony, P.M.B. 10014, Lagos, Nigeria

Hope it helps you!

joseph1013:


Total: City Securities (Registrars) Limited, 358, Herbert Macaulay Road, Yaba, Lagos.

Mobil: Union Registrars Limited, 2, Burma Road, Apapa, P. M. B. 12717, Lagos.

Nestle: Union Registrars Limited, 2, Burma Road, Apapa, P. M. B. 12717, Lagos.

Cadbury: First Registrars Nigeria Limited, Plot 2, Abebe Village Road, Iganmu, P. M. B. 12692, Lagos

Conoil: Meristem Registrars Ltd, 213 Herbert Macaulay Way, Adekunle, Yaba, Lagos

Guinness: Zenith Registrars Limited, Plot 89A, Ajose Adeogun Street, Victoria Island, Lagos.

Nigerian Breweries: First Registrars Nigeria Limited, Plot 2, Abebe Village Road, Iganmu, P. M. B. 12692, Lagos

Seplat: DataMax Registrars Limited, 7 Anthony Village Road, Anthony, P.M.B. 10014, Lagos, Nigeria

Hope it helps you!

joseph1013:


Total: City Securities (Registrars) Limited, 358, Herbert Macaulay Road, Yaba, Lagos.

Mobil: Union Registrars Limited, 2, Burma Road, Apapa, P. M. B. 12717, Lagos.

Nestle: Union Registrars Limited, 2, Burma Road, Apapa, P. M. B. 12717, Lagos.

Cadbury: First Registrars Nigeria Limited, Plot 2, Abebe Village Road, Iganmu, P. M. B. 12692, Lagos

Conoil: Meristem Registrars Ltd, 213 Herbert Macaulay Way, Adekunle, Yaba, Lagos

Guinness: Zenith Registrars Limited, Plot 89A, Ajose Adeogun Street, Victoria Island, Lagos.

Nigerian Breweries: First Registrars Nigeria Limited, Plot 2, Abebe Village Road, Iganmu, P. M. B. 12692, Lagos

Seplat: DataMax Registrars Limited, 7 Anthony Village Road, Anthony, P.M.B. 10014, Lagos, Nigeria

Hope it helps you!

UkwuAmu:

Sir Agba you be doctor? injections are painless these days .

bigass:
Why is this place so dull... are you guys or men still wanking? Na so dem catch one guy for my office dey self-service inside toilet

ihedioramma:
oando rights opens today . pls oga stockbull,chibuking,9free amd myjoy08, as i dont want to buy oando rights and i have 800 with them befor today can i get the one for four shares? what if i want to buy the rights as i have 800 befor how are my going to do so(is it the same 22 are my going to buy?.)? pls well exampls?. What if i want to sell now is it possible?.

myjoy08:


Sir, can you rephrase your question as i don't really understand what you mean?

duni04:
See the bids on sterling

joseph1013:


CRAZY MEHN

myjoy08:


Sir, can you rephrase your question as i don't really understand what you mean?