is it their ipo that they sold in 2007

it is big loss

timbstope: My naija peeps isn't there anything that can be done regarding this daar comm share. The share is still at 0.50 naira after being sold for 5 naira per share loss of abt 4.50 naira on each share being bought what could have been the reason for this are this people playing with our hard earned cash? Are they sayin daar comm with which we have invested makes no profit that we can benefit from. Pls let's discuss this within and outside this forum.

More questions

Are they saying their own economic meltdown is not yet over?
Have they foorgoten we invested in order to make profit?
Are they saying media business is no longer profitable even with all the new AIT Stations they have opened recently?

babanne:

More questions

Are they saying their own economic meltdown is not yet over?
Have they foorgoten we invested in order to make profit?
Are they saying media business is no longer profitable even with all the new AIT Stations they have opened recently?

my brother,
business dont easily get up when they fall flat.would The new stations they have just opened bring all the losses in a twinkle of eyes.
They borrowed money for long term to finance 2009 u-17 world cup coverage and was asked by cbn to pay back before due date when banks were in problem.
Remember too that investors interest has also gone into fast run-away river.
May God help.

plz since 2008 till date i have not receive any dividend 4rm them

Dividend is only given to shareholders when the company has made profits and daar secured loan to power u17 world cup and the loan was repaid before maturity. Daar is more or less dead for now