TLAX's Posts
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OakPearl:*****AIRTEL AFRICA PLC – IPO TERMSHEET***** Pricing Announcement: - Airtel Africa IPO has priced at 80p per share, implying a c.£3.1bn / c. N1.4trn / c.$3.9bn market cap (post-green shoe) - The offer also came with a pioneering secondary listing on the Nigeria Stock Exchange with meaningful allocations to Nigerian investors. The Nigerian offering priced at NGN 363.00 per share. - Final deal size including 10% green shoe of c.£595m / c. N270bn / c.$750m - Books were oversubscribed with allocations heavily skewed towards long only, pre-IPO and strategic investors - Top 10 represented c.2/3 of the deal - The stock will commence trading today, 28 June on the LSE (AAF LN) and on the Nigerian Stock Exchange on 05 July - Trade Date: Fri 28 June (T); Settlement: Wed 03 July (T+3) |
For the Lady or Gentleman who was looking for reading material on NASCON a few days ago, Here we go.... https://gallery.mailchimp.com/3c93a86e5e30d5a65db2828c4/files/1f9f39bf-e7bf-40b7-9295-40c1da302c73/Coverage_Initiation_NASCON.pdf Happy Reading. |
oyamhe:Those guys no get joy o. You must reach their office before you get any real attention. so start planning your trip there. |
Sovereign Trust Commenced its rights issue yesterday. Shareholders are entitled to 1 ordinary share of 50k for every 2 ordinary shares of 50k held as at January 19, 2019. Rights issue price is 50k per share. It closed trading today at 23k per share. If you understand NSE, this is the time to exit the shares that has stagnated in lower 20ks as I believe it may eventually get to 35k-40k before the rights issue closes on July 31, 2019. A word is enough for the wise.
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valentinenwoko:…...or a company doing rights issue after paying dividend sporadically. ![]() |
stcool:I doubt they will be concerned about the market price. They have control of the company and can patiently wait to skim off from both top and bottom line in future. Even if they wanted to take the company private, I doubt the will offer any amount near the 60's. No motivation at all to do that. |
rebekah2011:The guys are going for broke. End game tinz. He who is down need fear no fall. |
https://www.edmunds.com/mercedes-benz/e-class/2015/vin/WDDHF5KB0FB097362/ Can you talk about this? Thanks! |
What is this service about? |
jideflash:Na you be that? Please come and teach me how to nurture my own beards! ![]() |
tritritri:Why are you sorry for them? |
http://www.nse.com.ng/Financial_NewsDocs/Union%20Bank%20of%20Nigeria%20Plc%20-%20EGM%20Explanatory%20Notes.pdf This should have the same effect as what WEMA Bank did last year. It will enable them pay dividends for 2019 FY if approved. |
Chibuking81:Lol....you have seen the light. JiJo may actually pay off once or twice but is not a sustainable strategy. Along the line you can Ji but find it impossible to Jo. |
aremso:I don't know but I will rather deal with caution. Same for Elumelu/UBA. Makanjuola/Caverton, Balogun/FCMB, Wigwe/Access etc. I am not saying you cant make money from these shares but just be aware of the risks you run. Truth is that these CEOs have their boards in their pockets and they let you know only what they want. From a retail investor perspective, perish the thought of saying you are investing in those companies for the long term. You will most certainly lose in anything nearing the long term. Look back at the graveyard or hospice of NSE. Its has an equal number of once "great companies" as those that were outright frauds during boom period. A few more great companies are are already reaching out for the phone to dial ambulance. Just a matter of time... |
Chibuking81:Na wa o. The way you dey allocate these prices.... |
Onuokwu:You can count the number of quoted companies in Nigeria that practice proper governance on the fingers on one hand only. Any quoted company controlled by a family or a dominant individual poses a high risk to financial returns no matter how well they may appear to be doing. The information asymmetry is just too much for a sane investor to deal with. |
Awol1: |
jinnyz:You can also use the one below http://www.nse.com.ng/issuers/corporate-disclosures/corporate-actions |
akinblog:Hmmm...he is carbon copy of his father. The Mum is radiating so much pride in her son. Nice one. |
So wo zhi dao le? |
robobo:Maybe. Maybe not. Its been on the rise since Nov/December with occasional pullbacks. |
millo:People are messing with the stock. Where did the 11 million offer earlier in the day vanish to. Meanwhile it dropped to N6.40 around midday. If you are an investor....stay clear. If you are a speculator.... some acceptable returns is still possible at current price level. |
@Dangote Flour... Hmmmm.....many people are just noticing it when the price has advanced by more than 80% within a short time. Those who made money here have already made and are waiting to jump out. Not every opportunity is for everybody. identify and focus on the opportunity that is for you. I advice the multitude who are just taking note to pay attention to other opportunities that are just starting to emerge so that we wont go back to the era of warfare on a stock market forum. ![]() |
Mcy56:Well...Maybe he was the best on offer during the primaries. other people are losing more localized elections e.g. Saraki, Dankwambo and others that cound not deliver their states. What will be will be. |
Deomovies:How we go take reach you? |
Dear Esteemed Client, In view of the Federal Government’s declaration of 22nd February 2019 as a Work-Free Day to enable Nigerians prepare for the rescheduled Presidential and National Assembly Elections on Saturday 23rd February 2019, with exclusion of Banks and other Institutions involved in delivery of essential services, please be informed that the Nigerian Stock Exchange will be open for business as usual. Best Regards, Client Management| FSDH Sec Limited | 8th Floor - UAC House | 1/5 Odunlami Street, |
OBAGADAFFI:Okay buddy. |
OBAGADAFFI:Any idea when CONTINSURE are going to pay minority shareholders? |
Tolktob:How? |

