Dangote flour

[Yusuf]

Originally Posted by dotunk

can someone explian why the Dangote flour offer is going to be open for just 10days? is that not against any NSE rules?

Just to reduce oversubscripton and create mad rush for it. Make sure you buy on time or else your money will be returned with interest.

[Bigboy]

Any advice on this offer when it comes out. Long or short term investment? What is a reasonable volume to buy. As you guys have probably guessed, I am just starting out so i could do with all of the experience and knowledge from you Gurus out there

[nigflute]

please when will the dangote flour public offer starts

[nigflute]

Please advise me on the stock i will buy for short term,especially those ones with low share price.

[nigflute]

Apart from Dangote flour and japaul oil public offer,which other offer will be out and there offer prices

[Geeman]

Originally Posted by nigflute

please when will the dangote flour public offer starts

No one knows for sure when this offer will come out. We have been expecting it on this forum since June. The answer we get is that it will come out soon. How soon is soon? Not even officials of Dangote are willing to let the cat out of the bag. My take on this is that if it does not come out late this month, then we should expect it in September. But one thing is sure, it will come eventually. So save for it if you are interested in this.

[Yomik]

Hello guys, where is the best place to get information in advance what company PO we come out soon.

[ikazuagbe]

With respect to the above subject matter,
i'll like to know if zenith regisrars having stared distributing the 1st quarter dividend warrant b'cos i'm yet to receive mine. thanks and God bless u all.

[Geeman]

Originally Posted by ikazuagbe

With respect to the above subject matter,
i'll like to know if zenith regisrars having stared distributing the 1st quarter dividend warrant b'cos i'm yet to receive mine. thanks and God bless u all.

They have given out dividend warrants. I received mine in June.

[Soweto]

Originally Posted by ikazuagbe

With respect to the above subject matter,
i'll like to know if zenith regisrars having stared distributing the 1st quarter dividend warrant b'cos i'm yet to receive mine. thanks and God bless u all.

I received mine last three weeks. You can call zenith registrar on +234-1-2708930-4 or visit there websites Welcome To Zenith Registrars Limited

[ajifowowe adeyemi]

Originally Posted by oseitutu

Why the gamble? What if you are penalised? I'd rather you buy as one then after verification you can trade with part and keep the rest. Even I know you can sell some then request certificate for the rest. That you can keep for ghreat grand children!
An alternative would be to buy one as you and the next in the family name or joint or in your child's name or children's names for long term.

Yes, I share in your opinion. Buying public offer through different brokers may cause a lot of distraction even in the nearest future. Remember that paying for it does not automatically guarantee you its possession in its ethics. You have only applied and the company has the right to reject or grant your application to be a part owner of the company (in the original sense), so let us not do what will not allow us to sleep at night as we do not know what it may lead to. Better buy at once sell whatever you want to sell and keep whatever you want to keep till you like as long as the company remains alive. It is better that we are olways on the saver side of whatever we are doing.

[ajifowowe adeyemi]

Originally Posted by oseitutu

DSR certificate: recieved, verified, SOLD! Check with the address you filled in when you bought and with CSCS.

ahhhhhhhhhh! DSR?
I dont understand ooooooooo!! Is DSR not DANGOTE SUGAR REFINERY? My brokers keep telling me that the Stock has not been verified and I ve lost focus. I left DSR to face other market.
I have decided never to buy Public Offer again as a result of what DSR, Ibplc and Mutual Benefit has alegedly caused me. And I ve continued another face of life with another firm, but purely Secondary Market.

[ajifowowe adeyemi]

Originally Posted by Soweto

I received mine last three weeks. You can call zenith registrar on +234-1-2708930-4 or visit there websites Welcome To Zenith Registrars Limited

Thanks very much for this info. I just finished talking to Zenith registrars and they confirmed to me that my DSR has been verified and sent to CSCS.
This forum is doing a great job, God bless the forum.
Could you believe that I just finished talking to my broker and they denied my verification status!
Please house why do you think that they could be doing that?

[yodiyokun]

Originally Posted by oseitutu

DSR certificate: recieved, verified, SOLD! Check with the address you filled in when you bought and with CSCS.

Oseitutu; you are resident in US.. I beg how did you go about buying IPO, and verifying the certificate outside the country ooo.
Kindly shed more light; because it is this verifictaion process that is pursuing me from PO's

Thanks

[Soweto]

Hi Ajifowowe,

Just ignore them and move on,some of the brokers dont even know what they are doing,just out there to exploit and frustrate people. You can try other brokers.

[ayo otesile]

thinks dangote flour make sence out of all the IPO's

[oseitutu]

Originally Posted by yodiyokun

Oseitutu; you are resident in US.. I beg how did you go about buying IPO, and verifying the certificate outside the country ooo.
Kindly shed more light; because it is this verifictaion process that is pursuing me from PO's

Thanks

How? I try to purchase my POs and IPOs through my broker, so they already have my signature and so once the certificate comes, it is delivered by my relatives to the broker. The broker does the rest and I send them emails say every one to two weeks and then they conclude and deliver. Soon it reflects on my online Brokerage account with my broker. Then I can do as I please with it.

My broker has channels of transfering money from overseas to them, but I have only given them money either directly when I am in Nigeria, or via Nigeria intra bank transfer (we bank with the same bank that has online facilities....that work!)

Get a good broker and include IPO/PO in your enquiry. For the POs that have come lately, my account officer gets the form across to me by email, I fill, scan and email back to her. The purchase is then funded from my account.

[Soweto]

Originally Posted by oseitutu

How? I try to purchase my POs and IPOs through my broker, so they already have my signature and so once the certificate comes, it is delivered by my relatives to the broker. The broker does the rest and I send them emails say every one to two weeks and then they conclude and deliver. Soon it reflects on my online Brokerage account with my broker. Then I can do as I please with it.

My broker has channels of transfering money from overseas to them, but I have only given them money either directly when I am in Nigeria, or via Nigeria intra bank transfer (we bank with the same bank that has online facilities....that work!)

Get a good broker and include IPO/PO in your enquiry. For the POs that have come lately, my account officer gets the form across to me by email, I fill, scan and email back to her. The purchase is then funded from my account.

Please, Oseitutu,do you mean you trade online ?,clarify for me, because i have been looking for this in nigeria,which security company is that, I am damn too interested.

[panasharp]

Originally Posted by oseitutu

How? I try to purchase my POs and IPOs through my broker, so they already have my signature and so once the certificate comes, it is delivered by my relatives to the broker. The broker does the rest and I send them emails say every one to two weeks and then they conclude and deliver. Soon it reflects on my online Brokerage account with my broker. Then I can do as I please with it.

My broker has channels of transfering money from overseas to them, but I have only given them money either directly when I am in Nigeria, or via Nigeria intra bank transfer (we bank with the same bank that has online facilities....that work!)

Get a good broker and include IPO/PO in your enquiry. For the POs that have come lately, my account officer gets the form across to me by email, I fill, scan and email back to her. The purchase is then funded from my account.

Is it typically faster to get your certificate mailed or deposited directly into your CSCS account.


Does anyone know if an individual can have two CSCS accounts with different brokers.?

[yodiyokun]

Originally Posted by oseitutu

How? I try to purchase my POs and IPOs through my broker, so they already have my signature and so once the certificate comes, it is delivered by my relatives to the broker. The broker does the rest and I send them emails say every one to two weeks and then they conclude and deliver. Soon it reflects on my online Brokerage account with my broker. Then I can do as I please with it.

My broker has channels of transfering money from overseas to them, but I have only given them money either directly when I am in Nigeria, or via Nigeria intra bank transfer (we bank with the same bank that has online facilities....that work!)

Get a good broker and include IPO/PO in your enquiry. For the POs that have come lately, my account officer gets the form across to me by email, I fill, scan and email back to her. The purchase is then funded from my account.

So they do not ask for bankers confirmation?
I was told to verify share certificate, the registrars normally ask for bankers confirmation.