Quote:
Originally Posted by Ndani
this placement seems a waste of time, they said they were going to price it at N5 and that we had to wait 3 years for the listing, apart from pouring money into the magazine they want to buy companies and run them like warren buffet, i agree the ceo of stockswatch is smart but what qualifies him to be a venture capitalist? wat companies has he run apart from his own? its just a game for themsleves to get rich and pay themselves huge fat cat salaries when we just wait restelessly on the sidelines, theres no magic in this offer im afraid
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I really dont blame whoever is coming out for PP, its a free world. Dont be surprise if actually stockwatch comes out with the PP and it is oversubscribed. Everybody have their own dreams and visions, its left for us investors to discern where we want to put our money. I sincerely appreciate this forum bcos its highly educative and informative.
What i dont understand is if its the magazine that he wants to do the PP for or his fund management coy, i know he will be doing a lot of fund management, or is it that he wants to start a Stock broking/issuing house.
I doubt if its the magazine stuff, bcos he is a smart guy and i believe he knows better to price it at 5 naira.
Guys lets just keep our fingers crossed and wait for them to let out the cat from the bag.
Thank God for this forum.