₦airaland Forum

unite4real:
The challenge with this is that there will be very high oversubscriptions and it will end up in prorating.
I remember the dangote flour mills public offer about 19 years ago, if my memory serves right, I had about 90% of my fund returned after holding the fund for quite a while. I feel the refinery IPO will be far worse due to the current hype and anticipation

deathwing:
There will be Dangote Fertilizer IPO too. In total, it’s possible the funds needed to mop everything up go reach $3b or N4t.

Na so e go easy to oversub? That’s a lot of liquidity…and it is not the holy grail of companies.

unite4real:
Are you aware that the last Nigeria Treasury bills saw a bid of over N4 Trillion for the 364 day tenor alone?

There is a lot of excess fund in the system. I can assure you that dangote refinery IPO might hit massive oversubscription. When I am applying for it, I can only hope to be allotted the minimum required. Any other na jara. I will also expect that my excess fund will be returned.

deathwing:
Yes, I saw that news. It actually made me pause before I wrote my comment…but OMO is different from stocks…else all that N4T should have entered Presco last week 🤣

crownprince2017:
Based on that info, wapco is the cheapest in the cement business but to buy at current price based on my entry price of 36 looks irrational. Although I believed it's a 500 stock.

deathwing:
Yes, I saw that news. It actually made me pause before I wrote my comment…but TBilla is different from stocks…else all that N4T should have entered Presco last week 🤣

zendi:
Aliko will list another 10% by intro as I heard, and keep the rest.

Scarcity will launch the stock price to the moon, and carry Aliko up like an escalator into the top 10 of Forbes and/or Bloomberg wealth list.

That is the game, and nobody's heart should be failing.
It will still always be available like other stocks, at a price.
If it is 100 units you can aford, then that one will be sitting on the shelf of your pfolio like a trophy, comforting your soul.

DD will not be necessary.

Mpeace:
Aliko has forgotten about our Dangfoods. It ought to be listed before the refinery.

crownprince2017:
Based on that info, wapco is the cheapest in the cement business but to buy at current price based on my entry price of 36 looks irrational. Although I believed it's a 500 stock.

unite4real:
The challenge with this is that there will be very high oversubscriptions and it will end up in prorating.
I remember the dangote flour mills public offer about 19 years ago, if my memory serves right, I had about 90% of my fund returned after holding the fund for quite a while. I feel the refinery IPO will be far worse due to the current hype and anticipation
Subscribers are only guaranteed the minimum units that will be advertised.

unite4real:
Are you aware that the last Nigeria Treasury bills saw a bid of over N4 Trillion for the 364 day tenor alone?

There is a lot of excess fund in the system. I can assure you that dangote refinery IPO might hit massive oversubscription. When I am applying for it, I can only hope to be allotted the minimum required. Any other na jara. I will also expect that my excess fund will be returned.

Meerahbel:
I’m concerned about the concentration risk in Nigeria’s stock market.

Harddiskng:
Why is this your writing pattern very similar to that of Mankind

Are you Mankind2024

Sunrisepebble:
I don’t have better use for the cash I’m sitting on. So will add to it, Zenith and Transcorp tomorow

deathwing:
N500 ke? Please explain. Also, no buy…you go still buy am at the 500 🤣.

Harddiskng:
Why is this your writing pattern very similar to that of Mankind

Are you Mankind2024

aj8:
For Transcorp, I would want to see an uptick in the volumes along with the price. PE is 8.65 so an EPS of N6.00 has been priced in. Note….Tomorrow is BM. You may wish to wait. Not unless privileged to insider information. Resistance @53.50 and Support @ 47.15. Insiders haven't shown interest for a while too.

NSEstudent:
Less than 10NGN? That's wild.

BabsO2:
About 20 years old. Best investment.

unite4real:
Are you aware that the last Nigeria Treasury bills saw a bid of over N4 Trillion for the 364 day tenor alone?

There is a lot of excess fund in the system. I can assure you that dangote refinery IPO might hit massive oversubscription. When I am applying for it, I can only hope to be allotted the minimum required. Any other na jara. I will also expect that my excess fund will be returned.

crownprince2017:
I wanted to ask him, how many units of transcorp do you have since you believed ngx investors reward dividend paying companies n you believed otherwise.

You work for the growth the majority owner will later corner, case study tony removing power from transcorp group did it benefits the shareholders of transcorp.

This place na naija, no be oyinbo land oooo where there is working rules.

BabsO2:
Yes it did. Book value (money to deploy to other subsidiaries) went up for selling a portion of power. Enjoys and distributes power dividends.

Streetinvestor2:
If u are jobless. If you see my post jump and pass.I mentioned jp will not see #3. Last Yr.Did it see it.That they announced phantom gold story this yr to manipulate the SP for proposed fund raising is not my business

PETERiCHY:
Former Morgan Capital MD Late Mr Dipo, recommended NAHCO to us 3yts ago when it was trading at sub #10 though we didn't buy much quantity.

He later relocated to US and we lost him last year Dec. MAY HIS GENTLE SOUL REST 8N PEACE!

ogawisdom:
This is what happens when you want to run before you can walk well. You are bound to fall with injuries.

crownprince2017:
Before the sales, how much does transcorp pay as dividend n how much do they pay after sales.

Ok, since dividend is not the goal, how has it impacted transcorp share price after sales. May be tomorrow ooo but today nothing show just like groundnuts locked up inside bottles, chicken can never taste it.

I will like to know how the minority shareholder have benefitted from that decision.