₦airaland Forum

yom2:
it will be overvalued due to d Nigerian factor. I had they are listing from start over 20 billion units . what is their share outstanding in south Africa and other exchanges?

wanaj0:
Waoooo. And you know all these without seeing the prospectus and details of the offer.

Seems another semester tuition fee is due on NSE

currentprice:
bro you like overvalued stock sha... you get mind o

currentprice:
why the doubt brov, diamond open low and currently trading below 1.20

rationalmind:
Skye and Wema have been hovering around that price range, I hope you've been mopping up

GTay:
New IPO listings could boost market liquidity

According to the Executive Director and Co-founder of Sahara Group Limited Tonye Cole, the Nigerian energy conglomerate has revived its plans to take on an Initial Public Offering (IPO). The purpose of the IPO according to the founder is to provide capital for the company to achieve its target of increasing its oil production by four-fold to 100,000 bpd. We recall that the company had initially planned to list in 2015 but refrained due to unfavorable market conditions as well as lower crude prices. However, the recent equity market recovery, improving macro-economic conditions, and most importantly stable crude oil prices have revived previously shelved listing plans. Although Mr. Tonye Cole did not provide a timeline or give an indication on the offer size, we highlight that in 2015, the company was looking to sell as much as 25% of its business for $600 million. We note that this is one of two potential listings soon to be done on the NSE, the second one being MTN Nigeria which is scheduled for the second half of 2018. We expect the IPO to further deepen the equity market – providing more investment opportunities as well as market liquidity.

Via: Vetiva Online

This looks promising for the market

Toluway:
Selling and spreading propaganda to bring it down to the ground in order to buy again and make 300% gain.
The fear of Monkey Hunters is the beginning of wisdom.

RabbiDoracle:
World markets are still falling o.

DeRuggedProf:
https://trwstockbrokers./2018/01/29/oando-shareholders-fear-loss-of-n608bn-to-judgment-claims/

Cadillac15:
The guy carry NB for head like gala. Market must sell

Agbalowomeri:

No burst my belle with laugh o

DeRuggedProf:
Inside alcohol?
I prefer Veecovee's bank that does not issue ATM card....

Manonamission:
When the powers that be say a stock should not move yet, just forget your fundamentals talk. You'll learn patience by force when dealing with a strong man-----you can't overpower him anyway.

#DS#Access

Manonamission:


Only you just dey market your property. I been think say the thing for don reach N500 the way wey you dey Moneky hunt since.

Bros, na joke level be this o

stcool:
Breakout N150

Mpeace:
Diamond on full bid. 129million bids no single offer. Yeye ppl, them no want make I buy wetin I want buy.

stcool:
NB last call before we hit 200 and above....Nestle in the making

sellydion:
Finally out. The road is clear.

RabbiDoracle:
I'm thinking of a project.

If people could be trusted, it will be great for a select number of people to pool funds and gradually buy shares of a tier 2 bank. We will employ a director (preferably Wanaj or Pa Emma) to sit at the board. The director will be our eyes and ears in the bank. It will be an activist investor group (Carl Icahn way).

The small company so formed will have every member as a stakeholders. It could be a-10 man or a -20 man company.

Dividends will be shared based on ratio contributed. Sales and income generated will be based on ratio contributed.

Why should this be done? Your N200m investment in a tier 2 bank cannot force the bank to make drastic changes. However a - 15 man investment of N200m each (N3b), if bought at low prices, will cause a major change in the affairs of the bank.

What do you think??

OBAGADAFFI:
Dealing Members are hereby notified that 67,801,163 ordinary shares of Nigerian Breweries Plc (?NB? or ?the Company?) were today, 24 January 2018 listed on the Daily Official List of The Exchange.

The additional shares of 67,801,163 ordinary shares of 50 kobo arose as a result of the Scrip Dividend Scheme offered to eligible shareholders of Nigerian Breweries Plc who elected to receive new ordinary shares in lieu of cash dividends with respect to the 258 kobo final dividend declared for the year ended 31 December 2017. With this listing of 67,801,163 ordinary shares, the total issued and fully paid up shares of the Company has now increased from 7,929,100,888 to 7,996,902,051 ordinary shares.