₦airaland Forum

Agbalowomeri:
Insurance coys don collect recapitalisation money come dey run back to car park

See you in another 20 year

Haha. I thought things would change. I guess we just have to wait until the insurance sector visibly starts expanding and improving.

Streetinvestor2:
The 124 billion OS does not matter. Alhaji is only selling 4.1 billion to like 10 million or more people
whr will the 100k for this movement be coming from in this people
The PP guys are off because they can not sell.So is it alhaji to be releasing the 100k units from his holding. I am trying to understand the maths

Many HNIs and institutions will obviously buy. Also, 10million people can’t possibly buy the IPO…the number sounds implausible.

Of the few million subs, a large percentage would prolly be people who missed out on PP and would buy in bulk. If Seplat can shoot up st 8k share price, who be Dangote?

Presco is going for broke

No, these are not the key details since I don;t care about ETI or it's stock price.
The key details would be the answer to why Cordros is usually named in these deals and how they usually operate under the circumstances.
Thanks AI

megawealth01:
For a transaction involving 11 million units of ETI, this could indicate an institutional investor or a major shareholder repositioning a substantial stake. However, the disclosure alone does not establish whether Cordros sourced the shares for a specific client, acquired them for a portfolio, or facilitated a transaction between two institutional investors.
The key details to investigate are the execution price, the identities of the ultimate beneficial buyer and seller, and whether the transaction represents a new investment, a portfolio rebalancing exercise, or a change in ownership. These details would help determine whether the deal carries a meaningful signal about ETI’s valuation and future market direction

Aradel down 6% even with elevated crude oil and gas prices. Interesting.

This Cordros, are they a broker? They feature a lot in these off-market deals. How does it work? Will they find you a seller with enough units abi do they big shareholders all generally buy through them?

megawealth01:
DEAR ALL,

A TOTAL OF 11,000,000 UNITS OF ETI PLC WAS EXECUTED AS AN OFF-MARKET TRADE TODAY, OCTOBER 23, 2026, IN ONE DEAL.

THE TRADE WAS A NEGOTIATED DEAL WITH CORDROS SECURITIES LTD ON THE BUY SIDE AND HEDGE SECURITIES & INV CO LTD ON THE SELL SIDE.

THANK YOU FOR YOUR ATTENTION TO THIS MATTER

To be fair, the regulators said ' any offering in connection to the IPO(in Nigeria)', they don't call it an IPO

Zegra:
I won't engage in gutter behavior with you.
Obviously, the term IPO seems to have lost its meaning in your dictionary. What Dangote is offering appears to be a special private placement being presented or described as an IPO. The fact that a newspaper uses the term “IPO” does not automatically make the offering a genuine IPO.
An IPO, by definition, is an Initial Public Offering intended for the investing public. If participation is restricted exclusively to qualified investors or institutional buyers, then it raises a fundamental question about whether the offer is truly public or a private placement.
Let's focus on the facts rather than trading insults.

who moved HBM to 379 even though it's still trading at 349?

Put your money in mutual funds, or if you're doing longterm and want to see actual appreciation over that time, put it in an equity find.

Oluseun234:
You must be a seasoned economist or banking and Finance graduate. I don't understand all the statistics you outlined if not for your conclusive statement, I would have been so confused 😀🙏. Pls I am thinking to open a standard regular in Stanbic and to a open their fixed deposit account with them, based on your statistical records, do you advise one open a fixed deposit with Opay? How do you see Moniepoint and Piggyvest? Again, I am thinking of funds safety. I plan to maximize 4M through a solid financial investment instrument . Thanks

lawani:
So you didn't even understand the point I was making? I wasn't discussing salaries of workers. Maybe you should go through my posts again. I said any company that can pay workers can also pay dividends. There is no excuse not to pay dividends when you are able to pay workers

I don't believe thata how it works. Workers are paid from operating expenses and other revenue streams...dividends are based on pure profit per share and are calculated after expenses(including salaries) are subtracted. You can pay easily workers and still be at a loss and not pay dividends. Dividends are not compulsory.

Interesting things are happening on Presco

londonerr:
Relative to?

Relative to Seplat.

KarlTom:
TOEWay

Seplat is still undervalued

Even though they sometimes write it on the prospectus, I don't believe it's true. The Initiates too said this...but I ended up buying their PO there times over one month as funds became available.I got all my subscriptions.

OBAGADAFFI:
Don't do it.

Submitting multiple applications for the same Initial Public Offering (IPO) under the same identity will result in the total rejection and disqualification of all your bids.

ghm:
I have subscribed for the IPO few days ago but more funds became available. Do you know if one can still put another entry or a top-up and how one can go about it?

You should be able to keep buying on whatever platform you want. Everything go collate at the end

jonnysessy:
That was fast. While, most of us are waiting for 20th October payment date.

Haha, no. I only have GTCO. Waiting for Airtel Money IPO on the LSE to see if I go add that one when it happens next month

faoogoke:
You're one of those waiting for accesscorp magic

Hope you know that if you stop posting or coming to Nairaland, this thread won't die...others will simply pick up the slack (if any) and you will be forgotten after a while. I have been on NL under different monikers since 2007 or so, when NL had about 300k members in total. I have been in different areas of interest and many of the most popular contributors there either left or deleted accounts or died and nothing happened to the topics because life just went on with new people. All this 'what do the assumed majority bring to the thread' is a very entitled way to think about your contributions. It doesn't make you any better than the politicians you criticise.

Streetinvestor2:
Lol. What do this assumed majority bring to the thread too.
I will go with skip part of your post

Is it that the cenbank wants to wait until the very last day to approve the banks’ results or what? Which kain iberiberism be this?

princejayy:
What buying opportunities has the Dangote Refinery IPO created?

The time for this question was last month 🤣

yMcy56:
The disadvantage of that block button is that, if you logout and wish to read as a guest, you'll still be seeing the posts....
Best thing for us is to just learn to ignore and scroll past his posts that are non-investment related.....😊

I’m never logged out. I don’t like skipping pages and pages of political talk and internet screenshots and whoever Charles Awuzie is…I might miss something important nestled therein…so better to block 😅😅😅

Does anyone know if NGX people will still bring back that new price change system?

Just used the block function on someone. Never used the feature before…and wasn’t really aware of it before. Nice.

Bruh, which kain talk be this? In a thread titled 'Nigerian Stock Exchange Market Pick Alerts'

ghm:
That will produce enough stock-related talk to keep the forum focused, and naturally dilute off-topic posts into extinction.

And if you're not posting anything yourself, you don't get to complain about what others post—as if you're the one to decide for them.

I just began buying so I'm surprised at the hike. Entry price of 131.

presiade:
👇👌

People exposed to the gas market in nigeria are going to eat good over the next 5years to a decade. Aradel, Seplat..my eyes are on you. Shey they won't list NLNG ni?

pluto09:
https://www.reuters.com/business/energy/totalenergies-amni-take-final-investment-on-ima-gas-field-offshore-nigeria-2026-09-23/

Odunharry:
Send an instruction to your broker. A Nasd account will be opened first

They have an app. I haven’t begun using it but you can download and register

Zedcrrest is one of the receiving institutions for the IPO so you can buy it there. It's a registered and well-regarded investment institution

newreality:
Okay. Thank you Sir.

Is it save to do normal stock trading with Zedcrest?
Like any idea if they are actually registered for stock trading??

Thoughts on Airtel Money upcoming IPO on the LSE? (Prospectus may be out this week, according to reports)



https://www.reuters.com/world/africa/airtel-money-trim-london-ipo-size-ahead-kick-off-bloomberg-news-reports-2026-09-17/

The tab was still open since the three hours I posted

chimex38:
I agree.
The infrastructure isn't fast enough.
It loads/opens sluggishly depending on your network speed.

Be patient.
give the page time to load(like 3-5mins).
Weird (I know)


They probably wrote the former faster website with faster and old programming language( like PHP, C & C++ programming language just like Nairaland with very few modern programmers in this language space.

This updated one probably uses modern language like Python related back-end.
Python is heavy and slower.

Just saying.