₦airaland Forum

please sir that is not an issue for discussion.it has been proven.they even make it bettr in the society than anyone else

AFRICAN ALLIANCE INSURNCE COMPANY LIMITED PRIVATE PLACEMENT!!!

BREIF HISTORY
African Alliance Insurance Company was incorporated in 1960 and was the first indigenous insurance company to carry out the business of life assurance in Nigeria. The company was originally set up in partnership with Munich Reinsurance Company of Germany, the largest Reinsurance Company in the world. Munich-Re still retains a minority interest in the Company on need basis.

SERVICES

Individual Business
 Personal Pensions Plans Master Policy
 Dynamic Endowment Policy
 The Rich Guardian
 Endowment Policy
 Mortgage Protection Policy
 Money Appreciation Plan
 Term Assurance

Group Business
 Pension & Gratuity Plans
 Group Endowment Assurance
 Group Term Assurance
 Deposit Administration

BOARD OF DIRECTORS AND MANAGEMENT

The Board.
 Alhaji Rasaki Oladejo - Chairman
 Engr. Cyril Umunna Ajagu - Executive Vice Chairman
 Chief (Dr) Abel Nwankwo JP - Director
 Barr Chinedu Eze - Director
 Barr Jasper Nduagwuike - Director

The Executive Management Team
 Mr. A.O. Okpor - MD/CEO
 Mr. Vincent I. Emezi - Agency Operations
 Mrs. Funmi Omo - Technical Operation
 Mr. Biodun Salami Controller
 Mrs.Ngozi Onuora HR/Corporate Service





SUMMARY OF PLACEMENT

 Issuer - African Alliance Insurance Company

 Share Capital - Authorized: =N= 15,000,000 into 30,000,000 Ordinary Shares of 50k each

Issued and fully paid: =N= 3,350,000,000 divided into 6,700,000,000 Ordinary shares of 50k each.

Now being offer: 10,000,000,000 Ordinary shares of 50k each at =N= 2.50k per share.

 Purpose of the Issue - This placement is being undertaken to strengthen the company’s capital base to enable it take advantage of the emerging opportunities in the economy.
 Units of Sale - Minimum of 1,000,000,000 Ordinary shares and in multiples of 500,000 thereafter

 Likely Listing Price - =N= 3.50

 Likely listing Period Within 90 Days from placement date.

COMPANY’S PROFIT FORECAST

2008 2009 2010
=N= =N= =N=
Gross Premium Written 5,125,000,000 7,175,000,000 10,045,000,000
Investment Income 4,750,000,000 6,650,000,000 9,310,000,000
Total Income 9, 875,000,000 13,825,000,000 19,355,000,000

Profit Before Tax 6,031,250,000 8,443,750,000 19,355,000,000
Tax (1,809,375,000) (2,533,125,000) (3,546,373,000)
Profit After Tax 4,221,875,000 5,910,625,000 8,274,875,000
Transfer to Statutory Reserve (633,281,250) (886,593,750) (1,241,231,250)
Dividend (1,688,750,000) (2,364,250,000) (3,309,950,000)
Profit to transfer to Reserve 1,899,843,750 2,659,781,250 3,723,693,750

Share Capital (Units) 16,700,000,000 16,700,000,000 16,700,000,000
Dividend Per Share (Kobo) 0.10 0.14 0.20
Earnings Per Share (Kobo) 0.25 0.35 0.50






PLEASE CONTACT PATRICK@MAVEN ASSETS ON 08020748220 OR 07025290133 OR patrick4u2006@yahoo.com

PLAESE CONTACT PATRICK@MAVEN ON 08020748220 OR 07025290133 OR patrick4u2006@yahoo.com for RELTEL FURTHER ENQUIRIES

RELTEL WIRELESS PRIVATE PLACEMENT!!!

BREIF HISTORY
Reltel wireless was incorporated on August 25, 1998 to provide fixed wireless telephone services in Nigeria. The company commenced commercial operations in December 2001 under a nationwide license on the 1900MHz frequency band. The license was granted in 1999.

SERVICES
Reltel wireless in 2007 successfully applied for the United Access Services license enabling it to provide a bouquet of telecommunication services including:
• Full National Mobility
• Broadband Internet Connectivity
• Internet Services at the consumer level
• Short Message Services
• International Calling and Roaming Services
• Several other value-added services

AWARDS
• Best Telephone Company,2002(NITTA)
• Best Telephone Company,2003(NITTA)
• Most Customer Friendly Telephone,2004(Fame’s Achievers Award)
• Fastest Growing Telephone Company in CDMA Category,2005
• Best Telephone Company,2006(NITTA)
• Best Telephone Company,2007(Lagos State Enterprise Awards)
• Best ICT Company,2008(Thisday Awards)
• Best Telephone Company,2008(Titans of Technology Award)

BOARD OF DIRECTORS AND MANAGEMENT
• Chief(Sir) Annie Okonkwo Founding Chairman
• Mr. Kenneth Aigbinode Executive Vice Chairman
• Mr. Tony Okonkwo Group Managing Director
• Mr. A.V.M. Umenwaliri Director
• Dr. Tom Adaba Director
• Mrs. Chinyere Okonkwo. Director

ONGOING NETWORK EXPANSION
The current contracts signed with Huawei, with 80% vendor financing, involves expansion of switching access capacity from an existing 660,000 to 2.5 million lines. Completion of this project will make Reltel Wireless the largest CDMA operator in Nigeria.



SUMMARY OF PRVATE PLACEMENT FACTS.


• ISSUER Reliance Telecommunications Limited
• ISSUING HOUSE Future View Financial Services Limited
• SERCURITIES ON OFFER 1,635,732,667 Ordinary Shares of 50k Each
• SHARE CAPITAL
Authorized: 10,000,000,000 Ordinary Shares of 50K Each
Issued and fully paid: 4,907,198,000 Shares of 50K Each
Now Being Offered: 1,635,732,667 Ordinary Shares of 50K Each
• MODE OF OFFER Private Placement.
• PURPOSE OF THE ISSUE (1) Purchase and deployment of additional
Base stations for expansion
(2) Transmission/Backbone
(3) Re-branding as a national mobile operator
(4) Purchase of Handsets and internet cards
Expected massive growth in subscription.
(5) Working Capital.
• PLACEMENT PRICE =N= 16.50K Per share
• POSSIBLE LISTING PRICE =N= 24.00K
• PERIOD OF LISTING 90 Days from the end of placement
• UNITS OF SALE Minimum of 1,000,000 Ordinary Shares and
In multiples of 50,000 thereafter.
• PAYMENT In full on application
• STATUS The shares being offered rank pari passu
With the existing issued ordinary shares
Of Reliance Telecommunications Limited
• EXCESS ALLOTMENT In the event of over-subscription, necessary
Approvals may be obtained to capitalize part
Or all the excess subscription.

PROJECTED FINANCIAL INFORMATION- DECEMBER YEAR END
Millions
=N=
2008
2009
2010
2011
Revenue 42,737 78,316 106,089 13,454
EBITDA 9,179 17,755 32,472 39,062
EBIT 5,504 12,598 24,757 29,241
Profit After Tax 4,693 7,850 16,489 19,782

NOTE: Please note that an authentic enquiry made by us reveals the fact that this company will be doing a public offer in about 180days from listing at $1.00/Ordinary share.

GEO FLUID PRIVATE PLACEMENT
Geo-fluid limited was incorporated in October 1994 as a private limited liability company in Nigeria, operating in the Oil and Gas services sub sector. The company is owned 100% by reputable Nigerians and offers a range of services that includes processing of drilling Mud products, Mud engineering and Well Completion services.

Over the years, the company has built a reputation for passionately, professionally and efficiently executing contract aimed at delivering best value to its clients and shareholders. As at March 30, 2008, the Company has been awarded a number of important contracts for various Drilling and production/support services.

SERVICES OFFERED
Geo-fluid offers a range of services, which includes:
1. Processing of locally sourced drilling Mud Products such as Barite Bentonite and calcium carbonate.
2. Provision of Mud Engineering Services to major Oil Companies involved in exploration and development of hydrocarbon reserves in Nigeria.
3. Sourcing and supplying of wide-range of drilling, completion, work-over and production chemicals.
4. Provision of onshore and off-shore Completion Fluids Engineering services.

BOARD OF DIRECTORS
Geo-fluids management team has over 20 years of experience in all aspect of Oil and Gas Services Market. The Board of Directors consists of the following
1. Chief Odoliyi Chairman
2. Dr. Ala .A. Ibanibo MD
3. Mr. Gbenga Akintan Member
4. Chief Emmanuel Ibanichuka ,,
5. Mr. Benjamin Wilcox ,,
6. Dr. Victor Maduka ,,
7. Oluwole Ajayi Executive Director

Other Management staffs include:
1. Theodore Briggs Divisional Manager, Mud/Engineering
2. Mr.I.M David Divisional Manager-Admin& Human
Resources.
3. Edward T.Alabo Coordinator, Engineering Services
4. Catherine Ellah Manager, Legal & corporate Services

SIZE OF THE MARKET.

The Oil and gas field services market in Nigeria in the past few years was approximately $ 8billion a year of which it is estimated that less than one fifth accrues to local contractors.Investment by NNPC and its joint venture partners are projected to reach $60 billion by 2009, and of this,70% should be spent locally,according to the government express wish.
SUMMARY OF PLACEMENT FACTS

ISSUER: Geo-fluids limited
ISSUING HOUSE Oceanic Bank
SHARE CAPITAL
Authorized: 10,000,000,000 Ordinary shares of 50k each. Issued and fully paid: 3,137,100,000 ordinary shares of 50k each.
Now being offered: 2,400,000,000 ordinary shares of 50k each.

PURPOSE: Geo-fluid has identified several opportunities in
Oil and Gas industry including maritime services
And thus increased her vessel fleets to 8 in 2007.
In other to take full advantage of the government
Content policy, geo-fluids intends to expand its ca-
pacity as a whole.


METHOD OF SALE: Private Placement
UNIT OF SALE: Minimum of 50,000 Ordinary Shares and multiples of 10,000 units thereafter.

OFFER PRICE: N7.50 per Share
POSSIBLE LISTING PRICE: N15.00 per Share.
POSSIBLE LISTING TIME: 90 Days
AVAILABLE FPR MAVEN: 500,000,000 Units.

FORECAST OFFER STATISTICS

Financial summary 2008 2009 2010 2011 2012
Balance sheet
Total assets 13,952,295 18,390,801 23,666,181 32,512,368 36,354,214
Shareholder’s fund 13,482,046 15,828,371 19,068,980 24,543,721 31,374,832

Profit and Loss
Revenue 3,441,211 9,918,178 13,918,703 21,717,493 27,733,595
EBITDA 1,920,470 6,505,586 9,055,702 14,814,291 18,651,198
PBT 914,4,775 4,775,718 6,527,875 11,512,459 14,504,816
PAT 640,351 3,342,003 4,569,513 8,058,721 10,153,371
Earnings per share =N= 0.12 0.50 0.69 1.09 1.38
Dividend 0.05 0.15 0.20 0.35 0.45

please contact patrick@maven assets on 08020748220 or 07025290133 or patrick4u2006@yahoo.com.note that the offer opened on 26th may and 'll cloose on the 6th of june

GEO FLUID PRIVATE PLACEMENT
Geo-fluid limited was incorporated in October 1994 as a private limited liability company in Nigeria, operating in the Oil and Gas services sub sector. The company is owned 100% by reputable Nigerians and offers a range of services that includes processing of drilling Mud products, Mud engineering and Well Completion services.

Over the years, the company has built a reputation for passionately, professionally and efficiently executing contract aimed at delivering best value to its clients and shareholders. As at March 30, 2008, the Company has been awarded a number of important contracts for various Drilling and production/support services.

SERVICES OFFERED
Geo-fluid offers a range of services, which includes:
1. Processing of locally sourced drilling Mud Products such as Barite Bentonite and calcium carbonate.
2. Provision of Mud Engineering Services to major Oil Companies involved in exploration and development of hydrocarbon reserves in Nigeria.
3. Sourcing and supplying of wide-range of drilling, completion, work-over and production chemicals.
4. Provision of onshore and off-shore Completion Fluids Engineering services.

BOARD OF DIRECTORS
Geo-fluids management team has over 20 years of experience in all aspect of Oil and Gas Services Market. The Board of Directors consists of the following
1. Chief Odoliyi Chairman
2. Dr. Ala .A. Ibanibo MD
3. Mr. Gbenga Akintan Member
4. Chief Emmanuel Ibanichuka ,,
5. Mr. Benjamin Wilcox ,,
6. Dr. Victor Maduka ,,
7. Oluwole Ajayi Executive Director

Other Management staffs include:
1. Theodore Briggs Divisional Manager, Mud/Engineering
2. Mr.I.M David Divisional Manager-Admin& Human
Resources.
3. Edward T.Alabo Coordinator, Engineering Services
4. Catherine Ellah Manager, Legal & corporate Services

SIZE OF THE MARKET.

The Oil and gas field services market in Nigeria in the past few years was approximately $ 8billion a year of which it is estimated that less than one fifth accrues to local contractors.Investment by NNPC and its joint venture partners are projected to reach $60 billion by 2009, and of this,70% should be spent locally,according to the government express wish.
SUMMARY OF PLACEMENT FACTS

ISSUER: Geo-fluids limited
ISSUING HOUSE Oceanic Bank
SHARE CAPITAL
Authorized: 10,000,000,000 Ordinary shares of 50k each. Issued and fully paid: 3,137,100,000 ordinary shares of 50k each.
Now being offered: 2,400,000,000 ordinary shares of 50k each.

PURPOSE: Geo-fluid has identified several opportunities in
Oil and Gas industry including maritime services
And thus increased her vessel fleets to 8 in 2007.
In other to take full advantage of the government
Content policy, geo-fluids intends to expand its ca-
pacity as a whole.


METHOD OF SALE: Private Placement
UNIT OF SALE: Minimum of 50,000 Ordinary Shares and multiples of 10,000 units thereafter.

OFFER PRICE: N7.50 per Share
POSSIBLE LISTING PRICE: N15.00 per Share.
POSSIBLE LISTING TIME: 90 Days
AVAILABLE FPR MAVEN: 500,000,000 Units.

FORECAST OFFER STATISTICS

Financial summary 2008 2009 2010 2011 2012
Balance sheet
Total assets 13,952,295 18,390,801 23,666,181 32,512,368 36,354,214
Shareholder’s fund 13,482,046 15,828,371 19,068,980 24,543,721 31,374,832

Profit and Loss
Revenue 3,441,211 9,918,178 13,918,703 21,717,493 27,733,595
EBITDA 1,920,470 6,505,586 9,055,702 14,814,291 18,651,198
PBT 914,4,775 4,775,718 6,527,875 11,512,459 14,504,816
PAT 640,351 3,342,003 4,569,513 8,058,721 10,153,371
Earnings per share =N= 0.12 0.50 0.69 1.09 1.38
Dividend 0.05 0.15 0.20 0.35 0.45

NOTE: FOR MORE ENQUIRES ON THESE PLEASE CONTACT PATRICK@MAVEN ASSETS ON 08020748220 OR 07025290133 OR patrick4u2006@yahoo.com.IT IS VERY POSSIBLE FOR YOU TO SUSCRIBE BELOW THE MINIMUM NUMBER OF UNITS

how on earth do youthink man u will win both premiership and the champions league.it's not possible, chelsea 'll carry the day

Daily Sex Above all things,

why not resort to atm

COMY4EVA NOMATTER HOW MUCH PHILOSOPHY ONE REELS OUT IN REGARDS TO THIS,IT'S NOT HEALTHY.IN AFRICA WE SHARE THIS SCHOOL OF THOUGT THAT THE WAY TO A MANS HEART IS HIS STOMACH.SO YOU JUST HAVE TO DO SOMETHING ABOUT IT,

never mind it was an innovation that will triger of more research in the nearest future

see people we must appreciate the fact that they are unique in thier own ways.neither of them has it all.they were both uniquely created to serve different purposes.

HI!! GUYS!! ANOTHER LAUDABLE INVESTMENT IS AROUND THE CORNER.THE NEGERIAN SPORTS LOTTERY(NSL) POFFERS FOR SUSCIPTION 800,000,000 UNITS OF 50K ORDINARY SHARES EACH AT =N= 15.50 PER SHARE.OFFER OPENS 26/05/2008 - 06/06/2008.I BELIEVE IT'S A GOOD BUY AS JUST A FEW UNITS OF THIS STOCK IS UP FOR GRABS.
FOR MORE ENQUIRES YOU MAY WISH TO CONTACT PATRICK@MAVEN ASSETS USING 07025290133 OR patrick4u2006@yahoo.com

it's quite a pity.but you have to be a little bit careful next time.how much is the school fees?

nikky Maven Assets Limited.No 8A Ibiyinka Olorunimbe close,Off Amodu Ojikitu,Victoria Island.I work there so you can as well call me if wish to route the transaction through me.thanks

femi na =N= 2.80k per unit we they sell am.the minimum wey you fit buy na 1,000,000 units.to be increased in multiples of 500,000 units.

Hello guys just to inform you that a laudable investment opportunity is in the offing.African Alliance Insurance company Limited offers for by way of private placement and are authorised to receive applications for 10,000,000,000 ordinary shares of 50k at =N= 2.80 per share payable on full application.

Minimum number of shares to be subscribed is 1,000,000 units.This can be increased in multiples of 500,000 units.

It is worthy of note that the owners of universal insurance plc recently acquired that majority stake in African Alliance Insurance company Limited.So if antecedence is anything to go by,a repeat of what happened in Universal Insurance private placement cum listing is highly awaited in this case.3 Months is the maximum for this stock to be listed on the stock exchange.

Interested investors may wish to contact PATRICK@MAVEN ASSETS on 07025290133 or patrick4u2006@yahoo.com for details of this transaction.

HURRY UP!! AS ONLY 10 DAYS IS EXPECTED TO ROUND OFF THIS EXERCISE,

HELLO GUYS!!JUST TO NOTIFY YOU THAT AFRICAN ALLIANCE PRIVATE PLACEMENT IS ON SALE.OFFER OPENED TODAY 5TH MAY.THIS WILL BE ON FOR THE NEXT 10 DAYS, FOR INTRESTED FOLKS PLEASE CONTACT PATRICK @ 07025290133 OR via e-mail: patrick4u2006@yahoo.com.

i want to corroborate in very strong terms what jennykadry posted.the preliminaries(fore play)should actually start where the mutual feelings started.it could be anywhere;as long as there is no ''passive'' third party.but i really prefer doing it by the pool-side, Ha Ha!!!

it would be unfair for anyone to just conclude that there so many unsafe places in lagos.i think safety is relative.what then can you say about places like johannesburg that is an instrumental city in the almighty south africa.so it's indeed relative.relatve to it;s location ,popultion,infrastuctural facilities and a few other factors,i thing is not a bad place;especially with this democratic dispensation in place.

yes rasputinn they are strictly on their own.because for now there is no go-ahead mandate on that.yOU MIGHT WISH TO ASK ME WHAT ABOUT BGL.The truth is that they circumvented that policy.They used of of thier subsidiaries to package the just-concluded private placement.But for now the regulators have seriously beamed their searchlight on this.

fatherof i dont really think there's anything to be afraid of.if the half year result of oceanic bank is something to go by,then be rest assured that a long or medium term investment in this security is worhtwhile.i tell u my brother,in all sincerity this stock'll definitely rise by at least 30%

slice it the way you like.maturbation is a sin.If you still doubt that is not then do it in the public.since it is only when one is doing evil that he has to hide