ukay2:
https://www.nairaland.com/5189295/mtn-loses-2m-subscribers-3

I E don start

stcool:
Retail investors should no bother until price hits... N180 it will not be available. Just coming from an event hosted by Renaissance Capital at Intercontinental hotel...Annual Pan Africa Investor Conference.
Big boys are not smiling I gum body follow go

Market will be sweet tomorrow
Don't be carried away... even by any expert, exercise caution.

Funny thing is the event has Cordros and Renaissance on it.

pluto09:


Are you sure about this?
I am talking about net profit and not gross profit.
If PAT is 453b then eps will be 453/20 which gives us 85.6.

If that is true, mtn will be selling at a ridiculous low price at N90 as p.e will be close to 1 . impossible

Agbalowomeri:
In summary buy with the mindset of a fundamentalist Lol
Sell with the mindset of a trader

yom2:
20billion share will not be available? I hear u. the can only hoard it for a few days

mendes911:

Am trying to understand why MTN with all the information at their disposal, will choose to list their shares at N90 if it's truly worth more than double of it (N190 according to Cordros).

Maybe this is MTN Bonanza and a way of giving back to Nigerians. Maybe!

This is the same way Prophet Utuocha made noise and sold Starcomms and Tantalizer shares to us years back.

gamaliel9:


describe the two scenarios Sir

Buying with mindset of a fundamentalist=
Sell with mindset of a trader=

stcool:


Post it here... You will get more contributions

yom2:
20billion share will not be available? I hear u. the can only hoard it for a few days

stcool:


https://businessday.ng/exclusives/article/mtn-stock-set-to-rally-on-perceived-scarcity/

A CEO of one of Nigeria’s leading stock-broking firm told BusinessDay that “almost all shareholders of MTN are not willing to sell”, adding that “even those that will sell are going to offer the units that cannot meet the high demand”.

“The demand will automatically lead to a rally for the stocks. I can tell you now that I have over 1 billion units of demand for MTN stocks but I am yet to see a shareholder that is willing to sell,” the CEO said.

One stockbroker with order for over 1 billion units

Agbalowomeri:
I don't know anything about this MTN but the fact that they pay out 80% of their PAT as dividend, the NSE I know will price it very high o

yom2:
20billion share will not be available? I hear u. the can only hoard it for a few days

Agbalowomeri:
I don't know anything about this MTN but the fact that they pay out 80% of their PAT as dividend, the NSE I know will price it very high o

stcool:


https://businessday.ng/exclusives/article/mtn-stock-set-to-rally-on-perceived-scarcity/

A CEO of one of Nigeria’s leading stock-broking firm told BusinessDay that “almost all shareholders of MTN are not willing to sell”, adding that “even those that will sell are going to offer the units that cannot meet the high demand”.

“The demand will automatically lead to a rally for the stocks. I can tell you now that I have over 1 billion units of demand for MTN stocks but I am yet to see a shareholder that is willing to sell,” the CEO said.

One stockbroker with order for over 1 billion units

stcool:


https://businessday.ng/exclusives/article/mtn-stock-set-to-rally-on-perceived-scarcity/

A CEO of one of Nigeria’s leading stock-broking firm told BusinessDay that “almost all shareholders of MTN are not willing to sell”, adding that “even those that will sell are going to offer the units that cannot meet the high demand”.

“The demand will automatically lead to a rally for the stocks. I can tell you now that I have over 1 billion units of demand for MTN stocks but I am yet to see a shareholder that is willing to sell,” the CEO said.

One stockbroker with order for over 1 billion units

pluto09:


Are you sure about this?
I am talking about net profit and not gross profit.
If PAT is 453b then eps will be 453/20 which gives us 85.6.

If that is true, mtn will be selling at a ridiculous low price at N90 as p.e will be close to 1 . impossible

rebekah2011:
NSE and SEC should have compelled MTN South Africa to divest part of their holdings as offer for sale to Nigerians. Between 1b to 2b

wanaj0:


Why should they be compelled to sell their holding? MTN RSA will not be selling at N90!

Mcy56:
MTNN listed at N90/share in the premium section of NSE. Welcome on board.
No offer, no bid yet................

STOjo:


1 billion units X N90 = 90 Billion Nigeria Naira.
Over N90 billion Nigeria naira in his account for MTN purchase alone! I hear una !

wanaj0:
Why should they be compelled to sell their holding? MTN RSA will not be selling at N90!

wanaj0:


It depends on the type of ownership.

MTN will not be selling. The major investors are not likely going to be selling. Most of those who will be selling are those that urgently need the money.

That said, MTN will do an IPO later.