Bank PHB

oifesobi · #1 (**permalink**) 19th November 2007, 11:00 AM

Guys,
What are your thoughts about Bank PHB Public Offer? You can download prospectus at

http://www.proshareng.com/blog/wp-co...prospectus.pdf

Cheers

Jerry Duruiheoma · #2 (**permalink**) 23rd January 2008, 01:42 AM

Guys, I received a phone call this morning from a girl from Daimond bank (the call is from a mobile phone) and she informed me that they want to refund me my money as the share was over subscribed, then I started asking her question why are they refunding my whole money without me not even getting anything at all, she then said that she will call back and drop the phone and has not call back. Has anybody who subscribe to this share had such call and what shall I do now?

I was a bit suprice that I was called rather than them writing me to notify me if this is true. Any response will be higly appreciated.

hispy99 · #3 (**permalink**) 23rd January 2008, 02:30 AM

Quote:

Originally Posted by Jerry Duruiheoma

Guys, I received a phone call this morning from a girl from Daimond bank (the call is from a mobile phone) and she informed me that they want to refund me my money as the share was over subscribed, then I started asking her question why are they refunding my whole money without me not even getting anything at all, she then said that she will call back and drop the phone and has not call back. Has anybody who subscribe to this share had such call and what shall I do now?

I was a bit suprice that I was called rather than them writing me to notify me if this is true. Any response will be higly appreciated.

Must be a 419 call. I hope you did not give them your bank account details so that they will pay the money into your acccount? No way anyone would call you to tell you BankPHP is oversubscribed, the offer just closed about a month ago.

excellenz · #4 (**permalink**) 23rd January 2008, 02:43 AM

I really believe it most be 419, there is no information about the shares being over bought. at least for now!

pesadilla · #5 (**permalink**) 23rd January 2008, 03:39 AM

shine your eyes,but most importantly dont be a victim.
if you have a register of the number that called you,you can investigate more by calling back the number or through the appropriate phone company.

Jerry Duruiheoma · #6 (**permalink**) 23rd January 2008, 06:15 AM

Thanks guys for the advise and support, I thought as much that phone call could have been a 419er, hence the reason for posting it here.
I did not provide any personal information.

hispy99 · #7 (**permalink**) 23rd January 2008, 06:59 AM

Quote:

Originally Posted by Jerry Duruiheoma

Thanks guys for the advise and support, I thought as much that phone call could have been a 419er, hence the reason for posting it here.
I did not provide any personal information.

By the way how did they get your number? Did you include your number in your application form?

chidianosike · #8 (**permalink**) 23rd January 2008, 07:32 AM

Dont underestimate the 'yahoo' boys. Even ur complimentary card left somewhere is enough for them to get ur phone number.

threecrown · #9 (**permalink**) 23rd January 2008, 07:34 AM

Quote:

Originally Posted by Jerry Duruiheoma

Guys, I received a phone call this morning from a girl from Daimond bank (the call is from a mobile phone) and she informed me that they want to refund me my money as the share was over subscribed, then I started asking her question why are they refunding my whole money without me not even getting anything at all, she then said that she will call back and drop the phone and has not call back. Has anybody who subscribe to this share had such call and what shall I do now?

I was a bit suprice that I was called rather than them writing me to notify me if this is true. Any response will be higly appreciated.

I think you should follow it up by calling diamond bank ( if thats where you made your purchase) or other wise get in touch with the place you bought the offer.
I got a mail from a stockbroker i used (not my broker anyway) that most forms submitted in the last days of the two weeks open window were not accepted and mine was among.
So find out whats happening,

blanka · #10 (**permalink**) 24th January 2008, 08:58 AM

Guys...I have a deal being offered by a contact in PHB asset management wrt the PHB offer...It appears one can still get allocations in the PO BUT at a N1.50k premium...The window is tight though, between now and monday latest.It should involve quantities from 500k units though...Anyone interested?

riskreturn · #11 (**permalink**) 24th January 2008, 09:58 AM

Quote:

Originally Posted by blanka

Guys...I have a deal being offered by a contact in PHB asset management wrt the PHB offer...It appears one can still get allocations in the PO BUT at a N1.50k premium...The window is tight though, between now and monday latest.It should involve quantities from 500k units though...Anyone interested?

That would be an unethical/illegal thing and I strongly feel that this Forum should not be used for such a thing. I would urge readers to beware of scams.

Jerry Duruiheoma · #12 (**permalink**) 24th January 2008, 08:44 PM

The phone number was included in the application form as requested.

Jerry Duruiheoma · #13 (**permalink**) 24th January 2008, 09:01 PM

[quote=Jerry Duruiheoma;10485]Guys, I received a phone call this morning from a girl from Daimond bank (the call is from a mobile phone) and she informed me that they want to refund me my money as the share was over subscribed, then I started asking her question why are they refunding my whole money without me not even getting anything at all, she then said that she will call back and drop the phone and has not call back. Has anybody who subscribe to this share had such call and what shall I do now?

With regards to above incident, and as advised by the group I have made an official complaint to both Diamond bank where I made the payment for the shares and to the Bank PHB, and this was the feedback I got from Diamond bank:

Dear Jerry Duruiheoma,
Thank you for contacting Diamond Bank. With the details you have provided below,this issue will be investigated and properly addressed. Please be patient with us as we will contact you shortly on this.
We sincerlely apologise for the inconveniences this would have caused you.

Thank you for your interest in Diamond Bank.

Regards

I will keep you guys update as to what came out of the investigation.

Thanks

Jerry

chymex · #14 (**permalink**) 19th February 2008, 11:08 AM

Any news on the level of subscription of Bank PHB last offer yet?

Udo · #15 (**permalink**) 23rd February 2008, 10:24 PM

None yet, but should be quite soon. Sure it will be oversubscribed!

Rapidresult · #16 (**permalink**) 4th March 2008, 10:39 PM

House any news on this PO?

aogundele · #17 (**permalink**) 14th March 2008, 05:39 PM

Quote:

Originally Posted by Rapidresult

House any news on this PO?

My brother, in line with current norms, it was oversubscribed. I think 10,000 units or 8,000 units and below got full subscription. I expect the results to be announced anytime soon

timothywill · #18 (**permalink**) 14th March 2008, 09:04 PM

Quote:

Originally Posted by aogundele

My brother, in line with current norms, it was oversubscribed. I think 10,000 units or 8,000 units and below got full subscription. I expect the results to be announced anytime soon

hey aogundele i beg where u get ur news from, this ppl go kill me, the interest on that money even if it goes for N40 on the floor, it cant cover it. i beg give us more news on this issue