₦airaland Forum

TIP has refused to go below PO price. Be like i go wait till the offer don nearly end

No. BE is the price you have to sell to break even (no profit, no loss).

The bolded is the unit cost

Valthegreat:
Thanks, but I thought the break even price = price + purchasing costs?

KarlTom:
No. BE is the price you have to sell to break even (no profit, no loss).

The bolded is the unit cost

In other words BE = unit cost + sales cost right?

@Valthegreat

Break even price = Price + Purchasing costs + Selling costs

Plus sales charges if you were to sell today at 78
[quote author=Valthegreat post=137448343][/quote]

emmanuelewumi:
With this clause in the offer document, if the offer was oversubscribed and a retail investor who wanted to invest N20 billion was not alloted all his shares and excess fund.

The strategic investors who are included in the offer documents will get all the shares they applied for.


That was what happened during First Bank offer, I could only less than 300k worth of shares out of the roughly N3 million I applied for.

But some strategic investors got shares worth billions alloted to them

Essence of this was to maintain control.

E lo fokan bale. Hewitt Benson has it all figured out

The SEC's role is to protect investors, but not from themselves. All a company needs to do is to make sure that the proposed security is legitimate on its face (the company is registered, financials have been audited, capital raise has shareholder/regulator approval, etc.), and that appropriate disclosures have been made before offering it to investors.

So, for instance, Ellah is legit (if you ignore their invisible financial report); secured shareholder approval at AGM; and it has to disclose in the offer prospectus that it'll dramatically be expanding its shares outstanding and that dilution of investors is a risk. If people decide to be mugu and invest, that's not SEC's ruwa.

The proposed "Dangote Foods" merger was denied because Dangote Sugar is publicly listed (so under SEC's oversight) and Dangote Rice was not operational at the time they submitted the merger deal for SEC review. So it did not pass the "on-its-face" test.

yMcy56:
I disagreed with this.
Are you saying any listed Company can just come up with any fund raising amount, push it to SEC and SEC just approve it without carrying out proper evaluation of the capabilities of such company?

If this is so, why did same SEC refused the merger of Dangfoods because of Dangrice??

Is one of the role of SEC not to protect investors and investors funds?

HesInMe:
The SEC's role is to protect investors, but not from themselves.

Hahahaha

[quote author=Valthegreat post=137448343][/quote]If you had some GTCO shares before the purchase of the current ones; the old units are added when calculating the current break even price.

Loco senior colleagues in the jijo business are responsible.

Streetinvestor2:
On a serious note do people really pay money for this things u say and post sometimes here. Abi u just do it as hubby or to catch cruise

EDUECO:
I'm a dividend investor.

I like banks because they are consistent with respect to payment of dividends.

You're an Orthodox, Dividend, Traditional, Buy-and-Hold Investor, and that's okay.

Every mallam to his kettle.

I am:

a gambler
a jijoist
a trader
a day trader
a bargain hunter
a monkey hunter
an investor etc etc.

Plz note that any game allowed by market rule is investing, and I am in it, whether you and your fellow purists frown or not.

Agbalowomeri:
Controlled exiting

what about controlled entering.

you always look at the bottom side of things

deathwing:
Nice! BUt i don already buy on the floor at 1356 over the last few days. I'm good.

Also, has anyone seen The Initiates Plc prospectus for their PO? I emailed them this morning asking for it and they sent me link to the PO. Do they not have one?

Please share the link

Streetinvestor2:
I dey wait for him to come shame himself in the future...lol

person wey go don already graphically prepare asset with green color and the lettering word "FILLED" to show say he has bought low?

unite4real:
what about controlled entering.

you always look at the bottom side of things

There are different ''bottom side of things'' ooo!
Which particular one is Agba guilty of?
I hope it is not what some people are thinking

unite4real:
Please share the link

To PO : https://www.initiatesgroup.com/blog/the-initiates-public-offer-update (you have to download/print and fill the form)

They sent me the prospectus in PDF so i can't attach it here.

Una don make plenty money today o

Tomorrow is for the smart money exit

Agbalowomeri:
Una don make plenty money today o

Tomorrow is for the smart money exit

Oga Agba, you don ever buy stocks for NGX?

Tell us one stock you are holding abeg.

Agbalowomeri:
Una don make plenty money today o

Tomorrow is for the smart money exit

I see you

unite4real:
Oga Agba, you don ever buy stocks for NGX?

Tell us one stock you are holding abeg.

He may not be wrong though I'm not selling

zendi:
You're an Orthodox, Dividend, Traditional, Buy-and-Hold Investor, and that's okay.

Every mallam to his kettle.

I am:

a gambler
a jijoist
a trader
a day trader
a bargain hunter
a monkey hunter
an investor etc etc.

Plz note that any game allowed by market rule is investing, and I am in it, whether you and your fellow purists frown or not.

I bought ACCESSCORP at ₦20.10 and I sold at ₦22.00 This is called portfolio reshuffle.

unite4real:
Oga Agba, you don ever buy stocks for NGX?

Tell us one stock you are holding abeg.

Why you dey press Agba neck so hard like this na?

At least the uncertainty about CGT seems over. We may now have a normal Santa 🧑‍🎄 rally in December/January.

Agbalowomeri:
Una don make plenty money today o

Tomorrow is for the smart money exit

unite4real:
Oga Agba, you don ever buy stocks for NGX?

Tell us one stock you are holding abeg.

I am holding cash from fixed deposit. If prices no come to my level, I dey go back to my fixed deposit. I will wait till November end. I don't see any tangible capital appreciation in 2026 so make I dey chop my 20% dey go

nosa2:
He may not be wrong though I'm not selling

Sellers are still very much around.

Agbalowomeri:
Una don make plenty money today o
Tomorrow is for the smart money exit

Instead of such insensitive and your consistent negative comments why dont you just keep quiet sometimes? You hardly give any positive or realistic stock recommendation on this platform since i have been here.

I wish there is a permanent block button for people like you though. God bless those who bring sound advice for investors here.

dey play

Agbalowomeri:
Una don make plenty money today o

Tomorrow is for the smart money exit

On Monday 10th November, SEC approved the Bonus Shares of Linkage Assurance, and Apel Registrars has credited it to the CSCS Account of all qualified Shareholders.

You don para

meine:
Instead of such insensitive and your consistent negative comments why dont you just keep quiet sometimes? You hardly give any positive or realistic stock recommendation on this platform since i have been here.

I wish there is a permanent block button for people like you though. God bless those who bring sound advice for investors here.

EDUECO:
I bought ACCESSCORP at ₦20.10 and I sold at ₦22.00 This is called portfolio reshuffle.

Good day-jijo !

That's correct!

essentialone:
On Monday 10th November, SEC approved the Bonus Shares of Linkage Assurance, and Apel Registrars has credited it to the CSCS Account of all qualified Shareholders.