₦airaland Forum

TIP PO Allotment safely landed in my portfolio with almost 200% paper gain .

Trading on TIP will be interesting for the rest of this week and next week, offers go choke

I heard tomorrow and next will be public holidays

Dating for family survival chai TINUBU OOOOOOOO

megawealth01:
‘’Nigeria is dead, lets not deceive ourselves. Let me tell you something. Once you are counting in Naira, you are poor. I was not born poor. My father's salary in the 70s or 80s was about N18, 000. That was money. How much is a billion Naira today in dollars or N1.4 billion in dollars? $1 million. Do you know what a billion Naira was when I was 15 or 16? $2.8 billion.''

‘’They have erased it out of our academic systems. We do not research data to know what our future looks like. So we are not doing the critical thinking so we have no combatant against our subconcious foolishness''

Pst Adefarasin Paul

Nigeria is now like the animal kingdom, natural selection and the survival of the fittest is the rule. Wait until Tinubu wins and start second tenure body go tell everyone.

DAN SUGAR crashing activated by RI, should go below 65 soonest

Cheap content

Women way never see money chop dey pay for sex lol

Sex is not a need for a woman like it is for a man

deathwing:
That's why you should buy Seplat and Aradel so you can chop their money small

No forget TIP sub 20

Your life in Nigeria costs more day by day. You just have to find ways to make more money to survive Tinubu's tenure 💰

Those who have been credited with TIP PO, I hope you got full allotment to your stockbroker? Especially those that asked for 1m units and below.

I am still waiting

Pacesetter123:
And you think it's easy for a family man to save 100k from 280k abi?
Do you know the city they are living?
Do you the cost of house rent there?
Electricity bill,Cable TV subscription,data, airtime,medicals, transportation to work on daily basis,etc.?
The man is even trying to squeeze out 50k, maybe he is saving like 30k from the 50k every month for the rainy.
100k from 280k is not realistic in today's Nigeria economy.

It won't be easy but it's a necessary pain to take for the sake of the future. If his salary is slashed to 180k he will still adjust and survive, he should do that now to escape the rat race. It will be painful but he and his family should gladly take the pain for a while to protect the future.

Slizzords:
Good afternoon everyone, I know that nairaland is filled with a lot of reasonable and experienced people, am a young man and I need guidance please.

So am married with a 8 month old baby, and make about 1M naira monthly for the past 3years now , it's not been easy from a financial aspect because we live in lagos and I discover that as I write this, I don't have up to 3M naira to my name, I don't know how money disappears, please note that am not a lavish spender, I don't party or go clubbing.

Please how do I save more money, because God forbid something happens now I don't have any money to fall back on. No landed property or anything. Please I need help thanks.

Assume you earn 500k monthly and live within that and compulsorily save and invest 500k monthly to secure your future.

My concern is that there is nothing saved and invested monthly for the rainy day which should come first .

He should assume he earns 180k and regularly save and invest 100k to secure the future.

Tinubu is mostly likely going to tax dividends more in his second tenure say 20 or 25%. It is currently 10%

Tinubu will be declared winner via rigging

mank1234:
I'm a newbie I noticed access closed below 25. My order at 25 didn't execute on meritrade. Any explanation?

Did not get to your turn on the queue before offer at that price was exhausted.

Everywhere is red, red sea

222Martins:
My Take on the Anticipated Refinery IPO. If you are not invited to the Private Placement or you are unable to afford it, kindly stay away from the IPO and here are my reasons.

1. The people/companies buying the private placement will get it at a huge discount. They will take out millions and billions of $$$ loans at cheap rates to buy the private placement.

2. The private Placement holders will not buy blindly, they will be shown the books and workings of the business in live tours and in a PP Prospectus; so they will surely be buying at fair value with adequate knowledge of the numbers.

3. After the Private Placement, the IPO will hold at a premium price. This is where the poor and middle class go to submit their hard-earned money.

Just as a certain "OF" is already trumpeting that he will be investing $100M in the refinery, all the big names that matter locally and internationally, both individuals and corporate will queue up for photoshoot during the IPO launch and many will rush in but beware, none of them will be buying the IPO with you as they have already bought the private placement at a cheaper price.

PFAs will rush the IPOs and trumpet it because their Board members will be part of the Private Placement using corporate shields or SPVs and secondly, the pension fund they are administrating is not really their money, so who cares.

4. Immediate after the IPO is closed, the Private Placement shares will be listed on the NGX at the same price the IPO was sold and there will be a scramble; but due to scarcity, the price will be driven high above the Listing Price, yet people will not see it to buy.

5. Those Private Placement Investors that took loans to buy the PP Offer will sell/release their shares at a very high price. They will repay back the loan they took plus interest. They will now be left with FREE Refinery shares that cost them zero Naira/$$$. The investors among them can afford to sit and wait for years since the shares now cost nothing; while the traders among them will book profit and wait for the price fall to re-buy again.

6. After the above has happened, the IPO shares will be listed and the same poor and middle class will start struggling to book profit at the high price they are seeing but alas, it is going to be on full-offer and down the hill it goes from there. Imagine competing with the uninformed public who simply bought because of the hype and bragging rights of "I own Refinery Shares."

7. When the price is thoroughly beaten down, the patient-investors who stayed away from the IPO and those private placement traders who sold their free shares will mop up at bargain price because when it comes to business and investing, history does repeat itself.

As a final note, when the poor and middle class wants to buy a car, they seek advice from public opinions and car sales people. But when the rich wants to buy a car, they consult their rich friends, lawyers, financial advisers and bankers. The same principle applies to stocks. Just as cars are sold by car salesmen, that is how stocks are sold by stockbrokers; so use your tongue to count your teeth.

Disclaimer: The scenario i painted above is just an illustration and figment of my own imagination. Please do not take it as financial advice. You are responsible for how you interpret the fictional story above.

I just like the argument for and against this IPO with everyone presenting their perspective logically using historical facts.

Keep them coming guys it's what makes this platform solid. We need to see every side before concluding on the best strategy to adopt.

For me I will buy some say 30% in IPO and wait for listing to buy 70% if the price crashes as you postulated . I plan to hold for at least 5 years and with that I won't lose long term.

Dangote refinery IPO now moved from June to September 2026

mikeapollo:
You think so? Otedola is buying $100m of the IPO because of the limited value or stake being offered to the public by Alhaji..
He is still coming to mop up more shares on the floor after listing. These are the people that will drive the price up.

Exactly, With all the institutional interest in Dangote refinery the shares is capable of doing 3x in price appreciation within one year of listing BC most institutional investors will depend on the floor to get close to the quantity they need.

Big Money Is Not Emotional. Look At This: They are the largest pension fund in Africa. They are owned by the South African Government. They represent 1.2 Million South Africans who invested in the Pension Fund. They are Going to Invest in Dangote Refinery.
Dangote is planning a cross border IPO. They want to list Dangote Refinery in multiple African Exchanges. Everyone is positioning. The big players are making big moves. The South African Government sent delegates to Nigeria to meet Dangote as a show of interest. They didn’t check social media to see if you and I approve this move. No. At the top, Big Money Moves With Data, not Emotions. There is NO DEMOCRACY IN BUSINESS. Your opinion doesn’t matter here.

And let me leak this secret: DANGOTE CEMENT is partly owned by the South African Government through the same Pension Fund. The Chinese Government also has huge interest in Dangote Cement.

When next you think about Nigeria-South Africa Relations, do not worry about Social Media sentiments. Observe how their Big Funds and Big Money are moving. Follow their Big Players.
Recently, a Nigerian Billionaire, Bayo Ogunlesi committed to invest $500 Million in South Africa. President Ramaphosa hosted him. Social media screamed “let him invest that money in Nigeria”. Big Money doesn’t check social media. Today, South African Pension Funds are doing the same in Nigeria.

Copied

SonofElElyonRet:
You mean the price can't be more than $1 per share?

Yes I guess so

Otedollar positioning for a huge stake in the king of moat.

This should get at least 100m units , shares Na water

Was this empty message enough to put Zichis on full bid? Tells alot about the type of investors on NGX

Who is still doing burden in the name of girlfriend

Make everyone go and hustle & take themselves wherever they want, I am not taking anyone anywhere

One thing I love about presco is that there is always investors waiting to take up any small dip immediately.

I have been on Queue for 2 weeks trying to top up my holding at SP of 2150. Yesterday something said I should increase to 2200 and buy instead of dragging price but I refused.

Behold it happen that someone dropped some units probably at market price and I took at my price though it dropped to 2100 which didn't stay up to 5 minutes before going back up to above 2250 n closing at 2300 as usual.

Quality growth stock, it sustains any capital gain it records

KarlTom:
Added more ARADEL @1758

Next bus stop for Aradel is 2500 by October

deathwing:
Aradel trading at 1750.

When are we expecting Aradel Q1 earning report and final dividend.

I am holding for at least 3 years, hopefully it touches 5k before then especially with the coming of Dangote refinery

deathwing:
TIP on full offer. Bad for my portfolio but great for the market! The world is healing.

Smart investors are offloading before the listing of RI gotten at 7 and PO gotten at 9.5 drags price to below 20 . The actual price won't be known until after full listing.

emmanuelewumi:
Reason why such stocks are aggressively marketed here. The reason is to create liquidity for them

Lol You no go allow traders to sell market?

Boss, Keep up the good job of sharing your stock knowledge free of charge here.

Your type is rare.

An average biz person in Nigeria usually want to exploit the ignorance of others in business to make money and they call it business secret.

Thank God you are here to expose all.

IyaTola:
Someone here said we should sell aradel as the introduction of dangote Refinery would affect some stocks in the oil industry.

May be for the duration of the IPO as some people take profits to invest in Dangote refinery but if you are in Aradel for long term minimum of 3 years you will be glad you stayed.

As Dangote refinery is listed and it flies up, it will drag Aradel up too. More like sector repricing. My opinion

nosa2:
I have a feeling the refinery IPO will end the bull run

Certainly it will lead to serious market pull back , everyone will want to buy the king of moat

June - July, interesting days ahead , some people are already taking profits and moving to fixed income in preparation

I feel the coming on board of the biggest masquerade in Africa, the Dangote refinery IPO when successful will help drag Aradel up faster within 3 to 5 years.

Aradel & Zenith Bank will be impacted positively by the king of moat. Dangote refinery

I have received NAHCO dividend but I have not seen the bonus share, was it not supposed to drop today too?