Go Back   StockMarketNigeria.com Forums > Nigerian Stocks > Insurance Stocks

Insurance Stocks Aiico, Guinea Insurance, Niger Insurance, Lasaco, UNIC Insurance, etc

Welcome to the StockMarketNigeria.com Forums.
If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.

Reply
 
LinkBack Thread Tools Search this Thread Display Modes
  #1 (permalink)  
Old 27th May 2007, 05:18 PM
FanIce's Avatar
Rank: Junior Member
Points: 1,986, Level: 26
Points: 1,986, Level: 26 Points: 1,986, Level: 26 Points: 1,986, Level: 26
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: May 2007
Posts: 9
Thanks: 0
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 0
FanIce is on a distinguished road
Default Info On Igi Insurance

Hi guys,

Does anyone have info on IGI? What are their fundamentals? What prospects for capital appreciation do they have post-listing. When do they intend to come to the NSE for listing? Please guys, I need to know. Let the information flow. Stockbear, Windy Wendy and the rest of u gurus let the ball start rolling.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #2 (permalink)  
Old 28th May 2007, 11:49 PM
whatsup's Avatar
Rank: Member
Points: 2,862, Level: 32
Points: 2,862, Level: 32 Points: 2,862, Level: 32 Points: 2,862, Level: 32
Activity: 1%
Activity: 1% Activity: 1% Activity: 1%
 
Join Date: Nov 2006
Posts: 63
Thanks: 0
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 8
whatsup is on a distinguished road
Default

yes, i also want to know as well.

Friends, is it too late to take place in the private placement?

Cheers!
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #3 (permalink)  
Old 29th May 2007, 10:39 AM
FanIce's Avatar
Rank: Junior Member
Points: 1,986, Level: 26
Points: 1,986, Level: 26 Points: 1,986, Level: 26 Points: 1,986, Level: 26
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: May 2007
Posts: 9
Thanks: 0
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 0
FanIce is on a distinguished road
Default Igi Private Placement

The IGI private placement from my sources has closed last week.
U can still try yr luck though from their main offices.
All the best anyway. Any insider info on the stock? Pls share
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #4 (permalink)  
Old 21st June 2007, 10:18 AM
ajifowowe adeyemi's Avatar
Rank: Member
Points: 1,673, Level: 23
Points: 1,673, Level: 23 Points: 1,673, Level: 23 Points: 1,673, Level: 23
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Jun 2007
Posts: 35
Thanks: 0
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 0
ajifowowe adeyemi is on a distinguished road
Default Igi?

Hi,
I don't understand what any of you mean by private placement.
To me I would say it a very risky game to play. There is not enough securiy in private placement compared to buying public offer o going to the secondary market as the case may be.
Notwithstanding, if a company is an unqouted PLC, then it is fairer to dabble into since somehow the NSE will be alive to such company.
So trading IGI or any company is not the problem to me but rather being sure of the relationship of the company to CAC.
However the performance of IGI since I knew her has been satisfactory enough, but let us wait till the company is a PLC because only that can certify her legal relationship with the public.

Or any contrary opinion?
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #5 (permalink)  
Old 21st June 2007, 03:59 PM
Funso98's Avatar
Rank: Junior Member
Points: 1,618, Level: 23
Points: 1,618, Level: 23 Points: 1,618, Level: 23 Points: 1,618, Level: 23
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Jun 2007
Posts: 7
Thanks: 0
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 0
Funso98 is on a distinguished road
Lightbulb Re: Igi

The speculation on IGI is that she will go public soon (probably by July ending). Without any more information we can only speculate.

From my research she is likely to enter the market with one of the most solid fundamentals of the insurance bunch. She reached the capitalization goal before it was required, she has been consistent performer in the industry (second probably only to NICON), and the management appears solid.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #6 (permalink)  
Old 21st June 2007, 05:39 PM
Avocado's Avatar
Rank: Senior Member
Points: 6,243, Level: 51
Points: 6,243, Level: 51 Points: 6,243, Level: 51 Points: 6,243, Level: 51
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Apr 2007
Location: Mount Avo, Mount Cado
Posts: 486
Thanks: 0
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 8
Avocado is on a distinguished road
Default Of bets and returns

ajifowowe: well... if it's solid business, and it's high risk, then the returns're bound to be good, no? Take the Diamond bank private placement; anyone who did it 's smiling to the banks now. I suspect same will happen for IGI. It's a solid company. There're no guanrantees, but it's a safe bet.

.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #7 (permalink)  
Old 12th August 2007, 03:10 PM
Canadebe's Avatar
Rank: Junior Member
Points: 1,456, Level: 21
Points: 1,456, Level: 21 Points: 1,456, Level: 21 Points: 1,456, Level: 21
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Aug 2007
Posts: 2
Thanks: 0
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 0
Canadebe is on a distinguished road
Cool Igi

Is it through that IGI will be listing on the NSE?. Do you think it will be a good buy?. I have not taken any position in insurance sector. Please advise on the one to go for on long term.
And what do you think about IGI?.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #8 (permalink)  
Old 12th August 2007, 03:12 PM
Canadebe's Avatar
Rank: Junior Member
Points: 1,456, Level: 21
Points: 1,456, Level: 21 Points: 1,456, Level: 21 Points: 1,456, Level: 21
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Aug 2007
Posts: 2
Thanks: 0
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 0
Canadebe is on a distinguished road
Cool Igi

Is it through that IGI will be listing on the NSE?. Do you think it will be a good buy?. I have not taken any position in insurance sector. Please advise me on which one to buy.( long term investor). And what do you think about IGI?.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #9 (permalink)  
Old 12th August 2007, 09:19 PM
crtide's Avatar
Rank: Senior Member
Points: 2,066, Level: 27
Points: 2,066, Level: 27 Points: 2,066, Level: 27 Points: 2,066, Level: 27
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: May 2007
Posts: 174
Thanks: 0
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 8
crtide is on a distinguished road
Default

I heard that it will be listed this month too. I think IGI is a very good buy on the long term and a good buy on the short term.
Does any one out there have authoritative info about IGi please share.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #10 (permalink)  
Old 27th August 2007, 03:14 AM
Doyin's Avatar
Rank: Junior Member
Points: 1,756, Level: 24
Points: 1,756, Level: 24 Points: 1,756, Level: 24 Points: 1,756, Level: 24
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Apr 2007
Posts: 23
Thanks: 0
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 0
Doyin is on a distinguished road
Default Igi

I just heard from my broker that even now, IGI shares are still available. He informed me that I would have to pay N3.2 for the shares though, but this seems to be mago-mago, since i would be issuing 3 cheques for N2, N1 and N.20. Suspect that only N2 would go to company coffers, and the rest would be split between 'the boys'
makes me wonder though, how a stock can be on PP for over 10 months? Those that invested last year would be fuming, especially since they are not even guaranteed full allotment.
Good thing though is the share was N1 par value, and when it is listed, would probably be listed at N.50, so you get double the units you paid for, and if the listing price is still N2, you would have doubled your money.
A downside to PP is that like PO's, certificates do not come out on time, and all you have for a while is paper profits, until you finally get your certificate.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #11 (permalink)  
Old 27th August 2007, 11:36 AM
Avocado's Avatar
Rank: Senior Member
Points: 6,243, Level: 51
Points: 6,243, Level: 51 Points: 6,243, Level: 51 Points: 6,243, Level: 51
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Apr 2007
Location: Mount Avo, Mount Cado
Posts: 486
Thanks: 0
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 8
Avocado is on a distinguished road
Default IGI PP is a shame

If units in the IGI PP are still available, then this' got to be one of the most badly-managed PPs in recent NSE history. This PP is yet to close: there can't be any reasonable hope of getting certificates/e-credit before March 2008, by which time any projections made for profits and capital appreciation are beyond the regular 12-month long-term view. IGI is a shame; they've messed this one all up.

.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #12 (permalink)  
Old 28th August 2007, 08:57 PM
whatsup's Avatar
Rank: Member
Points: 2,862, Level: 32
Points: 2,862, Level: 32 Points: 2,862, Level: 32 Points: 2,862, Level: 32
Activity: 1%
Activity: 1% Activity: 1% Activity: 1%
 
Join Date: Nov 2006
Posts: 63
Thanks: 0
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 8
whatsup is on a distinguished road
Default

I am very concerned about the IGI pp. I saw the prospectus and it is actually a N1 ordinary share being sold for N2, not a 50 kobo ordinary share!
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #13 (permalink)  
Old 4th September 2007, 01:04 PM
DaInvestor's Avatar
Rank: Senior Member
Points: 7,086, Level: 55
Points: 7,086, Level: 55 Points: 7,086, Level: 55 Points: 7,086, Level: 55
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Aug 2007
Posts: 233
Thanks: 1
Thanked 6 Times in 5 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 8
DaInvestor is on a distinguished road
Default

i really dont know where u guys got ur info on the IGI listing from. A little bit of evidence will do
I was invovled in their private placement and believe me up to date i have not heard or received any info on either the private placement or the eventual listing of the stock in NSE.
And besides that private placement went on 4 like forever. I have friends that bought it over a year from today and still nothing and i also bought it like Feb or is it March with the hope they were going 2 list.
So if anyone has evidence he should como up with it
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #14 (permalink)  
Old 4th September 2007, 03:11 PM
c kenneths's Avatar
Rank: Senior Member
Points: 16,796, Level: 82
Points: 16,796, Level: 82 Points: 16,796, Level: 82 Points: 16,796, Level: 82
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Oct 2006
Posts: 3,210
Thanks: 32
Thanked 48 Times in 32 Posts
Groans: 0
Groaned at 2 Times in 1 Post
Rep Power: 12
c kenneths has a spectacular aura aboutc kenneths has a spectacular aura about
Default

My only concern here is not IGI, but that Canadebe should stop opening further threads each time he wants to contribute into the same IGI.

Since there is an already existing thread opened by him, the thread should be continued and not open a fresh one.
__________________
"THOSE WHO WIN, ARE THOSE WHO THINK THEY CAN"
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #15 (permalink)  
Old 15th September 2007, 11:34 AM
DaInvestor's Avatar
Rank: Senior Member
Points: 7,086, Level: 55
Points: 7,086, Level: 55 Points: 7,086, Level: 55 Points: 7,086, Level: 55
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Aug 2007
Posts: 233
Thanks: 1
Thanked 6 Times in 5 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 8
DaInvestor is on a distinguished road
Default

anyone got news about the listing of IGI at the stock exchange?? or any news about their PP.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #16 (permalink)  
Old 22nd September 2007, 01:46 PM
Apache's Avatar
Forum Moderator
Rank: Senior Member
Points: 21,304, Level: 91
Points: 21,304, Level: 91 Points: 21,304, Level: 91 Points: 21,304, Level: 91
Activity: 4%
Activity: 4% Activity: 4% Activity: 4%
 
Join Date: Aug 2007
Location: Coventry, UK
Posts: 1,508
Thanks: 10
Thanked 7 Times in 7 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 9
Apache is on a distinguished road
Default Breaking News - IGI

Hi Guys,

Just got 90% confirmed news that the certificate for the IGI private placement have started been despatched.
The listing on the exchange will take place 1st quarter of 2008.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #17 (permalink)  
Old 28th September 2007, 12:41 PM
DaInvestor's Avatar
Rank: Senior Member
Points: 7,086, Level: 55
Points: 7,086, Level: 55 Points: 7,086, Level: 55 Points: 7,086, Level: 55
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Aug 2007
Posts: 233
Thanks: 1
Thanked 6 Times in 5 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 8
DaInvestor is on a distinguished road
Default

if i want to make an enquiry where do i go, cos i really need more info about the certs, its been close to a year now and still no news
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #18 (permalink)  
Old 29th September 2007, 06:26 AM
Avocado's Avatar
Rank: Senior Member
Points: 6,243, Level: 51
Points: 6,243, Level: 51 Points: 6,243, Level: 51 Points: 6,243, Level: 51
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Apr 2007
Location: Mount Avo, Mount Cado
Posts: 486
Thanks: 0
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 8
Avocado is on a distinguished road
Default

Quote:
Originally Posted by Apache View Post
Hi Guys,

Just got 90% confirmed news that the certificate for the IGI private placement have started been despatched.
The listing on the exchange will take place 1st quarter of 2008.
90%?

Do you know anyone who's received this certificate?

Cheers.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #19 (permalink)  
Old 3rd October 2007, 08:02 AM
hispy99's Avatar
Forum Moderator
Rank: Senior Member
Points: 84,152, Level: 100
Points: 84,152, Level: 100 Points: 84,152, Level: 100 Points: 84,152, Level: 100
Activity: 99%
Activity: 99% Activity: 99% Activity: 99%
 
Join Date: Aug 2007
Location: Chicago
Posts: 26,607
Thanks: 115
Thanked 252 Times in 203 Posts
Groans: 2
Groaned at 3 Times in 3 Posts
Rep Power: 38
hispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nice
Default

For those that partcipated in the pp, maybe there's light at the end of the tunnel

Vanguard - Business : IGI says N25bn capital attainable in few months
__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #20 (permalink)  
Old 5th November 2007, 09:30 PM
Tayo's Avatar
Rank: Junior Member
Points: 2,016, Level: 27
Points: 2,016, Level: 27 Points: 2,016, Level: 27 Points: 2,016, Level: 27
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Dec 2006
Posts: 17
Thanks: 0
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 0
Tayo is on a distinguished road
Default

Right now there's no indication of an IPO coming out soon. My funds have been tied up here for some time.
__________________
My Blog
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply



Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



All times are GMT +1. The time now is 01:09 PM.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.3.0
StockMarketNigeria.comAd Management plugin by RedTyger
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37