₦airaland Forum

Hahaha. Nice.

Your app says PRE-centage

megawealth01:
I dey wait for una for my junction so I can load back all I sold at MY PEAK

Error, my app dey show last week trade still.

megawealth01:
Una go learn new things

...

But na true na. Which nail insurance company randomly has $10m for when something breaks down? Which of them gets revenue in USD? Shey na Intenegins way say them dey do Energy Insurance still dey try raise N8bn wan replace catalytic cracker? That one go take their revenue for like six years.

Agbalowomeri:
See finish

Streetinvestor2:
If you think so.Then why are Nigerian insurance companies not showing benefit from that refinery in thr books. Look at the q1 2026 for insurance companies. They are annoying beside very few

I said it doesn’t have to be Nigerian. It will most likely be international since it’s a first of its kind. How many Nigerian insurance companies will even understand what they are insuring? The complex is also located in a FTZ. It’s technically outside Nigeria. I wager they are insured by the insurance companies that insure other insurance companies (re-insurers).

E go get nah. It doesn’t have to be a Nigerian company. Those same insurers in London who insure container ships and massive infrastructure and such go dey among. I guess many insurance companies covering specific areas of the complex.

Streetinvestor2:
Thinking aloud. Does it mean companies like Dangote refinery will not have comprehensive insurance cover going by its valuation. Looking at the valuation of nigeria insurance companies that means none can render insurance services to Dangote Refinery even with the associated high risk
God forbid in the event of serious fire out break at the refinery. What happens based on insurance to such refinery

Agbalowomeri:
Is it not this same DR that you can only subscribe for a maximum of N2m? How many units will that amount buy?

Nobody has said this anywhere, and the prospectus is not public. It is impossible for something they are marketing so heavily to have such a price cap. Price cap is for when you’re sure you will oversubscribe your insane N7t offer.

It ended in January

Tendd:
How does one apply?

Does anyone know why the transactions history on my CSCS accounts stop around February? All the stocks are complete though.

Pete002:
Has anyone who applied for the TIP RI been credited with their share?

Crediting started today. I have received my first batch in my CSCS for the PO. People online say they haven’t seen RI too. Maybe later

omo

megawealth01:
Presco that some persons bought below 10 naira sef

TIP allotment received in my CSCS account. I only got half my request though even though I bought below 1m units. Could they possibly still be updating it?

Any thoughts on the INTENEGINS Public offer?

https://proshare.co/articles/iei-plcs-fy-2025-and-the-n17.5bn-public-offer-from-balance-sheet-repair-to-a-capital-productivity-investor-frame?menu=Market&classification=Read&category=Public%20%26%20Private%20Offers

https://ieiplcng.com/publicoffer/

According to reports, Prospectus was submitted to SEC in April. I think it's up to the regulators now

Evnne:
Meaning that mago mago don enter😆

webizone:
Ah that sucks. My current broker has no deposit issues. Just limit orders not executing.

I use CardinalStone. No issues.

Payunsin:


At current price, Access bank will probably have the best dividend yield in NGX max 3 years.
The big question is can u patient enough?

So hold on for 3years to get 12% dividend yield, meanwhile other banks would have returned 50% plus dividends in that time 🫪🫪

You mean $5b. (If valuation of 50b holds water)

Streetinvestor2:
So alhaji wan generate 50 billion dollars from sales of 10%.How much does the refinery worth. Na another job he wan set with the ipo.Abi no be 50 billion dollars my ear here for that interview

No such thing as 'as much as possible' where Pension finds are concerned. There is a max they can invest in equities (25% or so), and no matter the IPO, it would be stupid for a fund manager to dump ALL their allocation into it.

mikeapollo:
Institutional investors e.g. pension fund custodians, cooperatives etc can virtually take up everything especially niow that PENCOM has given them a waiver to allow them invest as much as posdible in the IPO.
It could even be oversubscribed.
Only that the devaluation of the naira will now give advantage to foreign investors over Nigerians

He implied he had interest of up to $2bn, but that they won’t give the full interest.

KarlTom:
At this rate I don't think 10% will be enough.

PP already booked $2bn (that's 4% of $50bn). Which means only 6% will be made available via IPO...

lexy2lexy:
Does anyone have any information about the private placement?

Do you need any information? If you get ya billions, just call their office 👀🫪

Everything should be done before 14th of June. Expect allotments to begin from June 1

Pete002:
Any update on this? Is the RI allocated to the customer's trading account yet?

Tendd:
How did you subscribe for the RI?Did you get an email from your stock broker or from the company itself?

I got the PO. I didn’t own TIP before so I didn’t get RI

ZICHIS on the beat. Will probably get to N40 before someone else sells and locks in generational wealth.

Streetinvestor2:
By all to place buy or sell orders before market opens by 9.30
So you can place those orders from 9 am

I tried this out for WAPCO but when market opened, my price didn’t show in the order book.

TIP allocation details

What exactly is happening right now in the market as it's not yet officially open? Premarket trades? By who?

Loooool

Streetinvestor2:
No mind them.Farm wa get total number of chicken/fish wa chief priest can comfortably buy to do money na water for his friends on a weekend..lol

Choi, WAPCO briefly traded at 315 at open. I was able to get some at 330 before it shot back up.

ZICHIS on full offer again. TIP is bouncing back

Ohhh

Streetinvestor2:
The people that call themselves traders of the company shares

They don't need to do squat since they already have generational wealth with cost basis of N1 or so.

emmanuelewumi:
The problem with Zichis is that insiders are not ready to clear the offers