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When Will Dangote Flour Mills Ipo Happen? - Investment - Nairaland

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When Will Dangote Flour Mills Ipo Happen? by arike77: 5:04pm On Apr 28, 2007
Anyone with information on this IPO? What about the Dangote Cement IPO?
Re: When Will Dangote Flour Mills Ipo Happen? by Panadol(m): 9:24pm On Jun 25, 2007
I'm hearing July 9 for Dangote Flour Mills and December for Obajana Cement.
Re: When Will Dangote Flour Mills Ipo Happen? by formunt(m): 4:48pm On Jun 30, 2007
this information is absolute
Re: When Will Dangote Flour Mills Ipo Happen? by abocana: 2:29am On Jul 01, 2007
hi there,
i believe someone should know the price per unit now.

thanks.
Re: When Will Dangote Flour Mills Ipo Happen? by Allcorrect(m): 1:37pm On Jul 02, 2007
Hears its a day thing undecided not sure about dat.

But noone seems to have any idea about the price. Brokers in the house let us in on this one.
Re: When Will Dangote Flour Mills Ipo Happen? by TerraCotta(m): 4:00pm On Jul 02, 2007
abocana:

hi there,
i believe someone should know the price per unit now.

thanks.

People on the Stockmarketnigeria board say it's between 15 - 22 naira, but that's not for sure.
Re: When Will Dangote Flour Mills Ipo Happen? by MT: 4:25pm On Jul 02, 2007
Has anyone got an idea how "HOT"  the dangote flour is going to be. Can it be more successful or on the same scale as the Dangote Sugar ?. Reasons for your conclusion shall be highly appreciated. Ta!
Re: When Will Dangote Flour Mills Ipo Happen? by Panadol(m): 5:40pm On Jul 02, 2007
<N18.
Re: When Will Dangote Flour Mills Ipo Happen? by abocana: 11:14pm On Jul 02, 2007
i'm looking to spend almost 600k and it gonna be 4 medium term 2-3yrs. is it advisable to spend this kind of money on
dangote flour. i don't wanna regret like transcorp. i'm happy the value of my dangote sugar double.

what will happen to dangote flour next yr summer? is it gonna be 36naira.

need an advise.
Re: When Will Dangote Flour Mills Ipo Happen? by wkogunbiyi: 3:47pm On Jul 23, 2007
Allcorrect:

Hears its a day thing undecided not sure about that.

But noone seems to have any idea about the price. Brokers in the house let us in on this one.
Re: When Will Dangote Flour Mills Ipo Happen? by atilla(m): 4:03pm On Jul 23, 2007
Hi,  This is the information I have, if you want to purchase these shares let me know before the date so I can contact you as soon as its opens and get the application forms to you.

Company is valued at N75bn or $590m.
* Each share is valued at N15 pending all regulatory approvals.
* Number of shares to be sold: 1.25bn of 5bn i.e. 25% of the company will be sold.
* Firm underwriting by 11 issuing house (each house will underwrite N1.7 bn of the offer) – FCMB is the lead issuing house.
* Offer date likely to be end of July i.e. within the next 2 weeks.
* Offer duration will only be 10 days.
* No preferential allotment – though the issuer has requested a proviso for business associates.
* NSE quotation committee meeting will hold on the 17th of July and issuing houses are currently responding to some observations by SEC, these are the last regulatory hurdle that must be cleared prior to the offer.
* Prospectus will be available as soon as the offer opens.
www.proshareng.com
Re: When Will Dangote Flour Mills Ipo Happen? by atilla(m): 4:50pm On Jul 24, 2007
Also you can take a look at their website when if you need general information


http://www.dangote-group.com/
Re: When Will Dangote Flour Mills Ipo Happen? by tdmadeeasy: 2:41pm On Sep 08, 2007

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