Pennywise:

This is a direct challenge to Nigerian investors in general and Roughcut in particular. Entire bank vaults will emptied on Dangote he will have no choice but to return money. I see 50% accommodation max.

Me ke? In case you havent heard i'm very allergic to IPO/PO's they give me terrible skin rashes . I will wait till when its listed and if i get to buy on the floor i will ride with it and bail out.

RO_{Grab da loot} and RO abi FO2?

ty_ademolu:

Also, did anyone recieved returned cheques from the chams offer submitted to skye bank

My supposed broker told me he could not submit mine anymore, that UBA sidelined skye bank in submitting the forms and all skye bank forms were not entertained.

Please let me know if I'm the only one who heard this story, or if it is actually true.

Thanks

Well, the processing is still ongoing hence there is no returned cheque yet.

However, what I know is that UBA is the lead issuing house but all the other 3 issuing houses (SKYE, SANTRUST and FIDELITY) also underwrote a certain percentage of the offer. Based on what I am told, there should not be any refund money. This is because each house was to stop receiving forms once they reach the underwritten amount!!!! So, if your broker submitted your application after that point, your application will likely not be accepted. What I am not sure off is what will happen to those that submitted applications directly to CHAMS.

UBA Global market was not transparent and clean in their handling of that transaction at all!!!!

Rhemagirl:

Goodday everybody most especially the Gurus in the House.Please i just have three big questions bugging my mind,if u can just attempt to help me answer.The first is if somebody sells 41,038 Guinneans Insurance at 4.95k which amounts to a total of N203,138.10.How much will be all the charges (commission,sec,broker's fees etc)on this total amount?

Secondly, Now that Dangote has returned all money back, AT WHAT STAGE can we get the dangote flour on the floor.


Lastly, i hear people on the Nairaland trend offering their shares to any interested Nairalander at a discount, how is that possible to see shares to somebody without going through a stockbroker.

Thank u ,while i expect your answers

For your 1st question, it actually depends on the %age charged by your broker for a buy or sell order. Charges (all inclusive) vary between 2.2%-3.5%. So let's say it's 3%, the commission on this sell order will be 6,094naira. Hope u understand!

And for the last question, I believe they have to get their brokers involved, that's why u read them asking for eachother's broker.

FatherOF2:

Eh u , i dey miss my beautifull thread oh. Wey time now.

@ Upward
How are our flights doing, PZ is up N2 card since then,don't worry more are coming. Air Larfarge is all up (feet)(N)4 since last week. Excellent bro.

My dear Fatherof2, I really appreciate your effort to make out time to reply all necessary info you feel you have missed out on. It is well, I pray you have more time so we'll keep benefiting from your incisive and somewhat straight to the point posts.

About my PZ and WAPCO flights, well doing well for now, since we are all bullish. But like you said, the GOOD TIMES will not last forever, so wisdom is required to know when to bail out of one's SHORT DISTANCE FLIGHTS.  However, I've been picking up some UBA, Dangotesugar and Oceanic when they bottomed out (although I bought some UBA at 50+, but still picked up a reasonable chunk at 49). So, like Oga wanajo will say, those are possibly LONG HAUL FLIGHTS for me, but I must also apply FatherOf2 strategy of "taking out your profit and allowing the principal to still be growing" abi FO2

@All,
Please, who knows when CSCS accounts will be credited for the Fidelity and AIICO POs Abeg answer me now.

@ roughtcut
i can not remember seeing your post where you accepted that your original position on RSI BUY/SELL was WRONG or do you think it do not matter, thousand of people are reading this tread for God sake,

harrisoft:

@ roughtcut
i can not remember seeing your post where you accepted that your original position on RSI BUY/SELL was WRONG or do you think it do not matter, thousand of people are reading this tread for God sake,

What's the problem mate? Pumping777 has clarified the issues raised as i said so in my post. It does not matter as we have gone round and round in circles over this and issues raised and clarified. Finito!

Well, it seems firstbank and dunlop would be gaining 5% today

wanaj0:

Well, the processing is still ongoing hence there is no returned cheque yet.

However, what I know is that UBA is the lead issuing house but all the other 3 issuing houses (SKYE, SANTRUST and FIDELITY) also underwrote a certain percentage of the offer. Based on what I am told, there should not be any refund money. This is because each house was to stop receiving forms once they reach the underwritten amount!!!! So, if your broker submitted your application after that point, your application will likely not be accepted. What I am not sure off is what will happen to those that submitted applications directly to CHAMS.

UBA Global market was not transparent and clean in their handling of that transaction at all!!!!

The twin factor seems to be at work over the UBA stock price, this stock has been stagnant despite its relative cheapness, until Zenith came off the hooks and did a 10%.

UBA now seems ready to rise, in readiness to give Zenith a good chase.

The twin factor seems to be at work over the UBA stock price, this stock has been stagnant despite its relative cheapness, until Zenith came off the hooks and did a 10%.

UBA now seems ready to rise, in readiness to give Zenith a good chase.

FatherOF2:


@ Captain
 Men e be like na this week we go kill goat for our plane oh. That N32 card must come do or die. 25% must complete for this flight otherwise na hand i go take
 push plane go air like superman take push that space shuttle go space.

After all these people wey carry heavy load comot for the last air stop, the plane don light now and e come dey pick up better altitude.

I go soon swith the propeller engine to the turbo jet tripple stage engine make we rise enough to fit see clearly wetin them write for the underbelly of the GTB plane

@roughcut
Pls do u think costain will catch up wit CAPALBETO.

shawla:

@roughcut
Please do u think costain will catch up wit CAPALBETO.

I'm not in CAPALBETO if it is what i think it is so not sure what's happening there!. Costain is doing very well at the moment good till when they release their FY results in April/May-June

Well

Who dey untop the dunlop plane with me, from todays share price e be like say the share price don break resistance.

The tyre na dunlop, engine na dunlop, everything na dunlop

e be like say na australia we dey go,

Accomodation is still on for late entry

shawla:

@roughcut
Please do u think costain will catch up wit CAPALBETO.

Wait till when those who subscribed to the PO start selling and hopefully you can enter then when the price would somewhat trade downwards that would be the time to strike. Hopefully certificates would be verified before FY results are announced. It's on very strong bid now and that's why the price is sky-rocketing. Its a fundamentally sound stock anyday!

@ roughcut
thanks

@pumping,
welldone-o, I see you are enjoying your PHB flight now, just gathering more altitude before cruising. Please do you have the answer to my previous question. Seems like everybody has abandoned me on that one: when will the CSCS accounts of AIICO and Fidelity PO buyers be credited

upward:

@pumping,
Please do you have the answer to my previous question. Seems like everybody has abandoned me on that one: when will the CSCS accounts of AIICO and Fidelity PO buyers be credited

No clue. They never meet up with the dates in the prospectus. However, I don't expect any of these to be credited (if this is the case) soon. Not within the next 3 months for Fidelity and even 6 months for Aiico. Aiico just finished bare a month ago na.

Just want to inform u though i know that the gurus in the house already know that:

1. ASO SAVINGS & LOANS PLC  is processing a supplementary offer for N1.00.
2. ACCESS Bank is processing a Redeemable Debenture Stock, placing to IFC,BIO & FINNFUND at PAR (What does it mean by at PAR?)
3.GOLDLINK INSURANCE PLC is processing a private placement. at N1.50
4.Sovereign Trust Insurance Plc is processing a private placement at N0.80
5.Nigerdock Nig plc is processing a sale at N1.70
6.Nigeria Re Insurance plc is processing a subscription offer for sale at N2.20

Please gurus in the house let us know when all these happens mostly with the private placement which normally take place in a single day

pumping777:

No clue. They never meet up with the dates in the prospectus. However, I don't expect any of these to be credited (if this is the case) soon. Not within the next 3 months for Fidelity and even 6 months for Aiico. Aiico just finished bare a month ago na.

Thanks a lot

pumping777:

After all these people wey carry heavy load comot for the last air stop, the plane don light now and e come dey pick up better altitude.

I go soon swith the propeller engine to the turbo jet tripple stage engine make we rise enough to fit see clearly wetin them write for the underbelly of the GTB plane

Which jet be this one GTB or PHB? If na PHB i don commot profit dey go window-shopping na only carry-on luggage i get for board now

I hope to reconnect  before they announce Q3 results in May-June or thereabouts. Abeg make sure say nobody occupy my seat o!

@roughcut

Quote from: shawla on Today at 10:59:59 AM
@roughcut
Please do u think costain will catch up wit CAPALBETO.

Wait till when those who subscribed to the PO start selling and hopefully you can enter then when the price would somewhat trade downwards that would be the time to strike. Hopefully certificates would be verified before FY results are announced. It's on very strong bid now and that's why the price is sky-rocketing. Its a fundamentally sound stock anyday!

I remember my Uni days when the Ikemba (a product of Oxford) came to address us. Of course he was much stronger then and in his oratorial best. You will soon have the honour of being his alma mater even though it will be as an adult student . A certain student asked a question and the more studious and serious minded ones amongst us felt aggrieved that this person don generally fall our hand considering the speech so eloquetly rendered by the Ikemba Nnewi. His reply: it is not the question but how it is answered. I appreciate your posts.

Pennywise:

@roughcut
I remember my Uni days when the Ikemba (a product of Oxford) came to address us. Of course he was much stronger then and in his oratorial best. You will soon have the honour of being his alma mater even though it will be as an adult student . A certain student asked a question and the more studious and serious minded ones amongst us felt generally aggrieved that this person don fall our hand considering the speech so eloquetly rendered by the Ikemba Nnewi. His reply: it is not the question but how it is answered. I appreciate your posts.

And may i add that there are no silly questions  the only silly questions are the ones you don't ask

RoughCut:

And may i add that there are no stupid questions the only stupid questions are the ones you don't ask

Perhaps you want to edit the s-word.

Pennywise:

Perhaps you want to edit the s-word.

Thinking about it

RoughCut:

And may i add that there are no silly questions the only silly questions are the ones you don't ask

Well done. Better silly than ---. You are worthy to share the same alma matter with the Ikemba.

Rhemagirl:

Just want to inform u though i know that the gurus in the house already know that:

1. ASO SAVINGS & LOANS PLC  is processing a supplementary offer for N1.00.
2. ACCESS Bank is processing a Redeemable Debenture Stock, placing to IFC,BIO & FINNFUND at PAR (What does it mean by at PAR?)
3.GOLDLINK INSURANCE PLC is processing a private placement. at N1.50
4.Sovereign Trust Insurance Plc is processing a private placement at N0.80
5.Nigerdock Nig plc is processing a sale at N1.70
6.Nigeria Re Insurance plc is processing a subscription offer for sale at N2.20

Please gurus in the house let us know when all these happens mostly with the private placement which normally take place in a single day

Guess you copied this from the SEC website. Well they don't update that website.

Goldlink has concluded the special PP. I posted the allotment details here. 8 people only applied (yes) and were allotted in full!!!! That tells you how special the PP is.

Sovereign Trust I think has concluded their own PP also.

Nigerdock, not sure anything is happening there.

Pennywise:

Well done. Better silly than ---. You are worthy to share the same alma matter with the Ikemba.

Wa o! i will take that as a compliment shall i?

RoughCut:

Wa o! i will take that as a compliment shall i?

In the NSE world that we are, when you are big, you are big. In the book world how do you say it? I am kind of constrained.Anyway just know that you have more than your immediate family and friends praying for you as you take next big leap.

WANAJO,na wah o!!!I just saw your reponse now and in great shock.I thought the PP had not been done and that's why i was informing the house and at the same time asking that anybody that has useful information should let the others know.

I didn't know when you informed the forum ,next time i go put my eyes down.

Pennywise:

In the NSE world that we are, when you are big, you are big. In the book world how do you say it? I am kind of constrained.Anyway just know that you have more than your immediate family and friends praying for you as you take next big leap.

Ah thank you o! Just as God did not forget Joseph when everybody else seems to have God will also remember you. Your light shall shine out of obscurity

AMEN

[Guess you copied this from the SEC website. Well they don't update that website.

Goldlink has concluded the special PP. I posted the allotment details here. 8 people only applied (yes) and were allotted in full!!!! That tells you how special the PP is.

Sovereign Trust I think has concluded their own PP also.

Nigerdock, not sure anything is happening there.

]

Looks like our mighty Zenith is having a stop=over sooner than expected. It's loosing 1.00 naira today on the floor. Also seems like the light has fully shun on the Petroleum sector, most of them are jsut comfortably sittinginthe gainers chart with high figures. NSE, very interesting-o