₦airaland Forum

ypzilanti: In a correct country, Dokpesi would be cooling his heels in a jail cell.

Paentera: I marvel when I read about the sort of comments of those on this thread. I am certain 99% of those who bought the shares did not read the prospectus or learn about the risks involved in buying an IPO. All they knew was that DAAR communications was selling shares and shares were a fast way of making money.

Many did not do any form of detailed research about the company or get professional help to learn about its past financial results therefore were unable to make informed decisions about the IPO. Investing is serious business, all the finer points should be analysed however we use our hearts to invest as a result of sentiments and get bitten. Like someone pointed out earlier - IPOs take time to mature and are usually hold or long term stocks. Last time I checked, DAAR Communications was still listed and any shareholder has a right to go to their registered office to ask for a copy of their latest audited financial records - something they have to file with SEC & CAC.

If you have proof showing that you can confirm that the business is run as a scam or you are not being paid your due while the management are living large, then you can invite the authorities or sue the company to the court of law.

adconline: If you bought DAAR shares, you have yourself to blame cos this coy had been insolvent as far back as 1998. They were unable to pay their creditors then.

tesimola4real: We Nigerians we too like quickly way to get money

Greatken007: LET BYE GONE BE BYE GONE....GOD WHO PROVIDED THE CASH FOR ME THEN HAS NT RESIGN,HE IS STIL GOD AND I TELL U HE IS STILL WORKING OUT HIS PURPOSE FOR ME TILL DATE.KNOWING THIS MY GOD IS FREE OF CHARGE,HE NEEDS NO ELECTION TO REMAIN GOD.

234GT: They had an AGM last week where some ghost shareholders commended the company and expressed optimism at her growth potentials. Naija for show. My dear parents also lost money to daar shares.

vanstanzy: I don't want to say the company is hounded by MISMANAGEMENT. But where the Management keep employing his brothers and

sisters, no matter whether experienced or not (U know who am referring to!), the company couldn't possibly stand the

test of time.

Lesson 1: Consider the board members and employees of a company before buying into it.

anonimi: BTW, can the defrauded investors not do a class action suit against

* the directors of the company,
* auditors
* stockbrokers
* all others involved in the IPO.

is it possible in Nigeria

Shebi our laws na copy copy from dem oyinbo countries!

anonimi: BTW, can the defrauded investors not do a class action suit against

* the directors of the company,
* auditors
* stockbrokers
* all others involved in the IPO.

is it possible in Nigeria

Shebi our laws na copy copy from dem oyinbo countries!

Billyonaire: That is Fraud, Please report them to the EFCC, last I checked, that's what EFCC was inaugurated to handle and not chasing shadows.

frosbel: Which is why the evangelists should get a Job when and where necessary, while at other times, they can accept contributions and gifts from the members of the fellowship, who should give as they are led.

But , the money is never meant to build larger and larger churches and maintaining them with 80% of the money belonging to the sheep , who are hardly able to feed themselves.

If Paul worked and Peter was a fisherman , then these leaders should work .

aburo7: Someone should pls confirm, I heard a bomb blast occurred at Church of the Lord Aladura,Ijero street Ebute Metta in Lagos.Anyone around there

PHIPEX: It's only cults that operate this way, once you are in you can't get out. Religion of peace indeed.

PHIPEX: It's only cults that operate this way, once you are in you can't get out. Religion of peace indeed.

jamace: Thanks.

rubyno: So, my money don go be dat?

Omexonomy: Uacn property are selling IPO 10 naira per unit and a minimum of 10,000 unit. Now my kwestions are:

thier price per unit on the stock list is 15 naira

why have they chosen to make it minimum of ten thousand unit for start

how profitable will it be in future

finally, how encouraging is it to buy.

jamace: Can you share the source of your information with us, please?