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Nairaland Forum / Nairaland / General / Investment / Nahco Public Offer To Buy Or Not ? (1109 Views)
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Nahco Public Offer To Buy Or Not ? by folarina(m): 11:31pm On Sep 15, 2007 |
Hi, NAHCO PO is out ,am just wondering if this is a good buy or not ? Does anyone have any speculation about NAHCO.? I am aware they enjoy a monopoly at the moment with air handling ,but AirService Limited seems to be catching up with them ? Any advise before i invest my saving in it . Cheerio |
Re: Nahco Public Offer To Buy Or Not ? by tolanta: 11:36pm On Sep 15, 2007 |
grab the offer.it is a good one |
Re: Nahco Public Offer To Buy Or Not ? by ManJiro(m): 2:05am On Sep 16, 2007 |
Nahco is into ground handling of luggage. Air services does catering. They are somewhat independent. Air services is artificially high now: there is a daily restriction of 10,000 shares per day Nahco seems a good buy. Check cashcraft for the price history |
Re: Nahco Public Offer To Buy Or Not ? by folarina(m): 6:38am On Sep 16, 2007 |
Thanks Guys for the advise. However does anyone know who to buy the right issue ? I have downloaded the prospectus for the PO but the right issue seems to be missing out . Kindly advise as i will be saving some money by buying the right issue. |
Re: Nahco Public Offer To Buy Or Not ? by atilla(m): 12:14pm On Sep 16, 2007 |
You should receive an application form by mail letting you know how many units you have and how many units you will be able to buy. So maybe go check your po box or wait a little bit longer for the mail |
Re: Nahco Public Offer To Buy Or Not ? by ManJiro(m): 12:57pm On Sep 16, 2007 |
Atilla, Can one have two brokers without having to transfer my shares from one to the other? How would this affect my CSCS number? |
Re: Nahco Public Offer To Buy Or Not ? by folarina(m): 4:21pm On Sep 16, 2007 |
Yes Atilia You can surely have 2 or more brokers . CSCS numbers are percuilar to each broker for their client . I will say dont put all our eggs in 1 basket . I will go and check m mail for the right offer but what if it is not there ,an other way out ? Nigeria postal system is not effective at all. |
Re: Nahco Public Offer To Buy Or Not ? by ManJiro(m): 8:55pm On Sep 16, 2007 |
Does it matter if I used the alpha numerics or the numeric numbers for my CSCS no: i heard they are both unique for an individual. @ atilla the Nahco and Dangote forms said no printed signature is allowed: does this imply that i can't use a scanned copy? To Nigerians in UK: what is the fastest way (moderate price) to send letters to nigeria? Cheers |
Re: Nahco Public Offer To Buy Or Not ? by Kress(m): 9:42pm On Sep 16, 2007 |
@Folarina.Are you an existing shareholder if not you are not qualified |
Re: Nahco Public Offer To Buy Or Not ? by Kress(m): 9:54pm On Sep 16, 2007 |
Not qualified for the rights issue but if you bought into this coy dur |
Re: Nahco Public Offer To Buy Or Not ? by folarina(m): 1:30am On Sep 17, 2007 |
Yes i used to have 15000 units but i sold it two weeks ago because i needed money . My broker assure me i am still qualified for the right issue ,just that i dont have a letter yet ? I might end up just buying the PO instead. |
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