₦airaland Forum

DUNKA:
Please who are the Registrar's for MTN PLC?

Mpeace:
They said July.

DaV8King:
We can start and fund an SPV for this purpose.

NSEMPA Ltd

Chairman of the SPV will be elected on this same forum and will serve as our board rep in any company as needed.

Post is renewable once with 1 year tenure.

Also will drive strategy and investment decisions/discussions.

Me, I stand behind loco as 1st chairman, na him idea.

DeRuggedProf:
How did you arrive at N500.
Its an industry that need constant EXPENSIVE technology and equipment upgrade.
MTN is not the only player in the sector.
I remeber how expensive it was when they were swapping out their radios from Ericsson to Huawei in the North east, If not that Huawei gives out the equipment, you operate,then you pay later, they would have felt some serious heat.

Jejebabaa:
As a fuel attendant sir for Pump #2 for Iyanfoworogi Petrol Station.

Jejebabaa:
My oga, na d devaluation thing dey scare me all these while as its a salary loan though that will be deducted monthly from payslip. My colleague that shook head in 2015 go take the loan and exchanged it at 245 naira/$ com put am for Tbills at 18% interest rate was badly hit. Since that time i dey scare to take the loan.

Tolktob:
what's happening to wapco ?#9:20K ! Na wa ooo

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

millennium2012:
Do you mind dropping the URL?

stcool:
Junk Journalism...obviously meant bids

stcool:
They have started with their estimates... Retail investors may not get this one until they have taken it to 180-200

https://businessday.ng/technology/article/updated-offers-fly-in-from-investors-ahead-of-mtns-listing/

MTN would be listing about 20.35 billion shares, at possibly an N80-90/share price range, according to the consensus analysts’ estimates.

That would value the stock at around 5 times Earnings Before Interest Tax, Depreciation and Amortisation (EBITDA). That’s almost half the frontier average, suggesting that at N90 per share, MTN will be undervalued compared to telecommunication companies in frontier markets.
Analysts at Cordros Capital believe the stock is worth NGN194 per share, implying a 116-143 percent upside on the proposed listing price.

On this basis, it is quite understandable that investors are falling over one another to get a hold on MTNN’s stock.

Chibuking81:
If your interested get ready for your copy, whether by introduction or by definition you will see your copy to buy. That why a lot are waiting and getting ready to buy.

As usually many will argue with me, but before you know what is happening they will be the first to jump in, this is Chibuking talk again, it will come to pass, just wait and see.

Chibuking81:
At least it will be traded officially in the NSE flour, and the CEOs will buy more. Watch and see how market will drop tomorrow if mtn is listing on Thursday, many here will buy if not all, including those that from their own point of view seen negative part in their listing will jump in. Even if the mtn price will fall after their listing, traditionally from previous experience it will move up to 20/30% upward before coming down.

fatboyebele:
UMM stock pick of the week

SUNU Assurances plc

Based on fundamental analysis and recent trading volumes, this stock is projected to go on a significant bull run in the near future

SUNU Assurances Nigeria Plc has assured shareholders that recent corporate changes will lead to better performance in the years ahead.
At the annual general meeting yesterday in Lagos, directors of the insurance company said the rebranding of the company and appointment of new management reflected the company’s commitment to long-term growth.

rebekah2011:
Too many eyes on Zenith UBA Access. I hope the money bags will allow little room for some of us to get our Afolabi units.

fatboyebele:
Update: Japaul traded at N0.42 yesterday 6th of May 2019 as we predicted last month Sunu Assurance is about to go on a similar bull run having had it's largest trading day in months yesterday with millions of shares exchanging hands in anticipation of the coming rally. Don't say we didn't tell you in advance

yom2:
do u know that that stock changed gear only when those people appeared and the next day we started hearing stories in the news. u now begin to wonder if there are other motives. u see me I understand the psychology very well. this is a super rich man .he is averse to risk, a 50k dividend could amount to millions in his holdings. at the other side is the the poor ones trying to help himself with a 50% gap up in a penny. and the rich guy gets jittery. coming up with all kind of boring theories and stories which many are fully aware of.

onegentleguy:
I don't align with such coys.
Except on rare cases where I have a privileged 1st hand info. ...outside that, the HEALTH status of any coy supersedes everything for us.

Just be careful !!

yom2:
the letter writers don resume work. one appeared on the forum recently.

pluto09:
Oga wanaj0, welcome o.

jamace:
COURTVILLE 20M+ Traded today.

Something is cooking o.

onegentleguy:
Reports has it that the Emir of Kano and former CBN governor, Mr Sanusi Lamido Sanusi will be joining the board of MTN Nigeria.
Also on the list of new entrance is Mr Vincent Rague(of kenyan nationality) a senior finance expert and former member of the IFC and World bank.
Both fellows appointment is expected to take off from the 1st of July, 2019. ...I suppose that the listing of the IPO would be on or before then. MTN already has a PLC license from the CAC in readiness to this.

I suspect something playing out here... there are links to 2 quoted coys on the exchange.

It is well !!

maishai:
Good, this means if Transcorp will come to the market in soonest time, the price of this stock will be pumped to close to its offer price then retail investors like me can cash in and wait again for 18months after listing and correction before reentering again,

onegentleguy:


In other news, the Senate has just passed the 2019 budget after slightly raising the initial total figure from the executive arm of government.
It also looks like one known technocrat might end up getting a juicy portfolio as a minister in the next cabinet.

Away from politics, on TRANSCORP, we remain steadfast.
[color=#000000]
I do NOT have any news on it[/color] ,thank God you've changed ! but I love that coy !!

OBAGADAFFI:
Oga, we need more of those insider infos here o.

Did you see how Dangote is transferring wealth between his friend.

onegentleguy:
Just longing in now, and am seeing a followership of over 35 usernames.
...and mail's from about 27 new persons just btw yesterday and an hour ago.
I am sure that a core/majority of these persons are part of the same crop of halfwits and nitwits who see no good in anything good. ...a few twerps who disguise by masquerading themselves with different usernames as many.

Bunch of no good !!