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Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise - Business (2) - Nairaland

Nairaland Forum › Nairaland General › Business › Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise (7739 Views)

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Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by lionshare: 4:08pm On Sep 04
EnergyEnergy:
How and where do I buy the shares, I have like 150k
When the IPO is out it will be everywhere including POS agents.
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by lionshare: 4:09pm On Sep 04
Greenodds:
Lmao opportunity indeed. This will end in tears. Smart people already know how to play this.
No wonder you guys keep complaining meanwhile people are steady cashing out.

check the stock market thread in the investment section---it should be one of the longest running threads on NL

https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/8706
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by lionshare: 4:10pm On Sep 04
Gbogboski:
Most people that invested in the NSE are regretting their decision
Not since tinubu came into power --- open up your mind and learn and earn grin
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by lavylilly: 4:14pm On Sep 04
Emeskhalifa:
Make wr buy shares abi dem don already sell the cheap shares to their friends and what is coming out is the expensive one??
It called Private investment.
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by Okjay: 4:15pm On Sep 04
Islie:
https://leadership.ng/dangote-refinery-ipo-to-open-in-12-days-targets-5bn-raise/
What is the per unit price so I can put the money together
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by Emeskhalifa(m): 4:22pm On Sep 04
lavylilly:
It called Private investment.
Using big English to tell me what I just said in simple layman's understanding
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by lionshare: 4:23pm On Sep 04
Okjay:
What is the per unit price so I can put the money together
I have read $0.4 or N525; it should be within that range---please save up and buy when its out because if rich takes it all up then how will the benefit trickle down to the masses. God bless us all.
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by mikeapollo: 4:32pm On Sep 04
HacheNoire:
Not jumping in. Will wait for it close and allow the dust settle.
Wait until no dusts settles.
You think anybody would sell his shares at a discount to the IPO price?
The least price you would get it, if ever, is N600.
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by MCentral: 4:42pm On Sep 04
Okjay:
What is the per unit price so I can put the money together
N525

https://moneycentral.com.ng/markets/article/dangote-refinery-ipo-to-open-at-%e2%82%a6500-%e2%82%a6595-per-share-aims-to-raise-1-55-billion/
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by HacheNoire: 4:43pm On Sep 04
mikeapollo:
Wait until no dusts settles.
You think anybody would sell his shares at a discount to the IPO price?
The least price you would get it, if ever, is N600.
We all have different strategy.
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by MCentral: 4:44pm On Sep 04
iwaeda:
Not enthusiastic, I bought Sugar, Salt and cement, but are worthless now. grin grin grin grin
Dangote Cement is worth N17.44 trillion as of today Friday September 4th, 2026. Its definitely not worthless
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by bitbillionaire: 4:53pm On Sep 04
Do you know that if you had bought Wema Bank shares with just 200k in the year 2020 that 200k would have been worth over 2 million now? There is money to be made in the stock market. All you need is patience and a promising, well-managed company to invest in.


Gbogboski:
Mostly from insider abuse and privileged investors
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by Leepeak(m): 5:28pm On Sep 04
Emeskhalifa:
Make wr buy shares abi dem don already sell the cheap shares to their friends and what is coming out is the expensive one??
Really is it possible
Because femi otedola invested $100m I don't understand that money
Omo things dey o
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by MarketDispatch: 5:46pm On Sep 04
Islie:
https://leadership.ng/dangote-refinery-ipo-to-open-in-12-days-targets-5bn-raise/
I hope it won't be like Dangote Sugar and Dangote flour that I bought many years ago that has turned to kobo kobo
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by Gboss247(m): 5:55pm On Sep 04
sheedy407:
Just bring the price per litre down and leave all these nonsesne
A barrel of Brent is currently $95 after due to the US military dropping bombs in the Middle East and you are waiting for price reduction without subsidy.
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by drstranged: 6:04pm On Sep 04
The best time to invest in a stock is NEVER during an IPO. The prices of a stock at IPO is usually inflated because of the numbers of people rushing to invest in it. The price then drops drastically after a few days to weeks and those that invested in the IPO would then have to grapple with losses or would have bought at a very inflated price. The best strategy is to Wait like a month or two and buy the dip. You'd buy way more shares at a lower price and subsequently enjoy your profits when the price rises eventually. This is what experienced investors do. And moreover, a huge chunk of the shares would have been sold at give away prices to close associates before the IPO is listed, thus leaving the public to grapple with inflated price per share on the IPO listing day.
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by doncartel: 6:18pm On Sep 04
As an admirer of global corporations like Apple, Toyota, Shell, Peageot and others, I must say that Dangote Group has emerged as Nigeria’s leading multinational giant. Kudos.
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by Nwaiyoo: 6:27pm On Sep 04
@ how much per share? I don't like running round the pepper tree without climbing.
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by Magnumproperty: 7:44pm On Sep 04
sheedy407:
Just bring the price per litre down and leave all these nonsesne
No mind Dangote jare. So as the matter be now, when do you Intend to open your refinery jare so that you can bring down the price per litre make you for shame Dangote?
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by gerizzim:
bitbillionaire:
Do you know that if you had bought Wema Bank shares with just 200k in the year 2020 that 200k would have been worth over 2 million now? There is money to be made in the stock market. All you need is patience and a promising, well-managed company to invest in.
Inflation makes d amt weak wit passage of time. The value of 200k in 2020 is not the same as 2 million in 2026 if at all ur forecast aligns.

Dt 200k in 2020 if you add small money to it in some places in Lagos will give you room/parlor sefcon. Now in 2026, you and I know how much be room nd parlor sefcon.

A colleague of mine got room nd parlor sefcon in July dis yr for 3 million total package. #2million annual rent.
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by Gbogboski: 7:55pm On Sep 04
bitbillionaire:
Do you know that if you had bought Wema Bank shares with just 200k in the year 2020 that 200k would have been worth over 2 million now? There is money to be made in the stock market. All you need is patience and a promising, well-managed company to invest in.
I bought a plot of land a plot of land 100*100 in 2020 for #900k, sold it earlier this year for #15M
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by WhizdomXX(m): 2:16am On Sep 05
drstranged:
The best time to invest in a stock is NEVER during an IPO. The prices of a stock at IPO is usually inflated because of the numbers of people rushing to invest in it. The price then drops drastically after a few days to weeks and those that invested in the IPO would then have to grapple with losses or would have bought at a very inflated price. The best strategy is to Wait like a month or two and buy the dip. You'd buy way more shares at a lower price and subsequently enjoy your profits when the price rises eventually. This is what experienced investors do. And moreover, a huge chunk of the shares would have been sold at give away prices to close associates before the IPO is listed, thus leaving the public to grapple with inflated price per share on the IPO listing day.
Hmm. Does this always happen?
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by Timmi: 6:00am On Sep 05
See how you display a poor man’s mentality, instead of buying into it and make money, you will rather denigrate the man that wants to make others rich. You need to look in the mirror and speak the truth to the man in the mirror.

Dtruthspeaker:
Another scam to make Dangote richer and poor people to loose their small big change
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by tunapawizzy:
When you people are done FOMOing, and people with early privilege are done dumping and taking serious profit on you, the dust will settle, others will come in then.
Otedola, DJ Cuppy, davido, eazi, many more families and friends and children of friends and associates have gotten plenty shares already on private placement. Maybe some equity have been allocated to employees before IPO opens. Na my own small coins wey I dey manage una wan use finance the next PJs, Yachts and luxury.
Why must I be the one that others will dump on. People should learn to be pioneers so they will be in a position to dump on late adopters.
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by Kokaine(m): 11:44am On Sep 05
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by tunapawizzy:
Timmi:
See how you display a poor man’s mentality, instead of buying into it and make money, you will rather denigrate the man that wants to make others rich. You need to look in the mirror and speak the truth to the man in the mirror.
Hmmmm you need to be careful about this. While I dont totally agree with the post you replied to, I also dont think "wanting to make others rich" captures it properly. Others are making him richer too.
When private companies go public, its essentially a financing strategy for the company before ownership dilution. The private owner may give away some ownership in terms of percentage but in absolute value they gain so much more. So its not like he woke up amd says to himself- i want to make others rich. He is offering others some value in order to get something of value from them too. It is basically an exchange of value. The people buying shares are also doing him a big favour, now there will be money for expansion, if that wasnt there, he would have to take loan, pay back interest. He shares the risk with shareholders now. At the same time he is getting their loyalty/patronage for free- because everyone with shares will buy from the company they have shares with-sense of ownership. In a way I think this makes it difficult for competitors to want to come into that sector.
Re: Dangote Refinery IPO To Open In 12 Days, Targets $5bn Raise by Speedy33(m): 7:46pm On Sep 05
Ask those that bought fcmb ipo some months back how far , it was list as #10 per share and it has never gone below that, its has gone to #15, and presently at around #12.
As for the dangcem you mentioned it is around 1k plus now, how much did you buy yours per share? I dont kniw baout you but i have been making a lot on the ngx since two years ago, dangote cement Paid me dividend of about #200k, and my units are still in green even with the current dip, and expecting about #100k of mtn dividend on monday, most shares i have keyed into have yield good result,
1, seplat, i entered @ # 5k plus and exit @ 11k plus,
2, jaiz, i entered @ #5 abd exit @ #12
Etc.
But i have taste the bitter part of rhe ngx too,
1, aso saving was lost
2, ellahlakes was bad too but not completely
drstranged:
The best time to invest in a stock is NEVER during an IPO. The prices of a stock at IPO is usually inflated because of the numbers of people rushing to invest in it. The price then drops drastically after a few days to weeks and those that invested in the IPO would then have to grapple with losses or would have bought at a very inflated price. The best strategy is to Wait like a month or two and buy the dip. You'd buy way more shares at a lower price and subsequently enjoy your profits when the price rises eventually. This is what experienced investors do. And moreover, a huge chunk of the shares would have been sold at give away prices to close associates before the IPO is listed, thus leaving the public to grapple with inflated price per share on the IPO listing day.
1 2 Reply

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