Nigerian Stock Market Tips - Page 7

yodiyokun · #**121** (**permalink**) 8th December 2007, 12:36 PM

Quote:

Originally Posted by c kenneths

Oh no! These public offers again, with what we are seeing from FBN and now to Access offers, all should plan for a strategy to use, supposing you will want to buy Zenith offers.

Can you imagine, even if you applied for 10,000 units pere - you will not be alloted 100% thats absolutely crazy. YOu can be sure Zenith will be 500% subscribed at this rate. Bagco will be off the roof because its an IPO

pesadilla · #**122** (**permalink**) 8th December 2007, 12:37 PM

i think the best bet for now is buying in the secondary market,
avoid all this ipo/po.lets make a better use of our money.

BigJay01 · #**123** (**permalink**) 8th December 2007, 12:55 PM

I think Zenith PO will be hyper-over-super subscribed. Will applying for 20K shares not be asking too much?

pumping · #**124** (**permalink**) 8th December 2007, 01:40 PM

Quote:

Originally Posted by c kenneths

Oh no! These public offers again, with what we are seeing from FBN and now to Access offers, all should plan for a strategy to use, supposing you will want to buy Zenith offers.

Yes o. The oversubsription of Zenith will be da bomb!

pumping · #**125** (**permalink**) 8th December 2007, 01:43 PM

Quote:

Originally Posted by shigidi

@ pumping, what will become of access with this news, that means they will have over 15bn shares, the eps go drop be that!!! might not be so juicy on the short term anymore.

Yes, my feelings as well. I think it will no longer be a short term candidate.

I did not realize they are not caught in the 25% limit so I have to adjust my numbers and see what it looks like.

pumping · #**126** (**permalink**) 8th December 2007, 01:51 PM

Quote:

Originally Posted by pesadilla

i think the best bet for now is buying in the secondary market,
avoid all this ipo/po.lets make a better use of our money.

I don't quite agree. Just don't apply for too many units or do it in tranches. Some of these POs are just too juicy.

pumping · #**127** (**permalink**) 8th December 2007, 01:53 PM

Quote:

Originally Posted by BigJay01

I think Zenith PO will be hyper-over-super subscribed. Will applying for 20K shares not be asking too much?

Anything above 5K units will probably be a problem. A chunk is reserved for preferential allotment. If you're buying up to 100K units, and know someone with Zenith, you should be able to get on to the list.

pumping · #**128** (**permalink**) 8th December 2007, 02:00 PM

Still on Access Bank Allocation.

Can you beat this????????

Stanbic applied for about 59% of the shares on offer!!!

This Access must have some hot prospects!!

son5070 · #**129** (**permalink**) 8th December 2007, 02:19 PM

With this trend,be reassured that all public offers will always be over-subscribed even if its 'Brightway Electronic Alaba' it's really not funny

pumping · #**130** (**permalink**) 8th December 2007, 02:27 PM

Quote:

Originally Posted by son5070

With this trend,be reassured that all public offers will always be over-subscribed even if its 'Brightway Electronic Alaba' it's really not funny

I bow finally.

c kenneths · #**131** (**permalink**) 8th December 2007, 03:39 PM

Quote:

Originally Posted by pumping

Still on Access Bank Allocation.

Can you beat this????????

Stanbic applied for about 59% of the shares on offer!!!

This Access must have some hot prospects!!

The same Stanbic bank that bought IBTC? Wait, dont you think I should target the main source of the stream, how can I buy into Stanbic bank instead?

pesadilla · #**132** (**permalink**) 8th December 2007, 05:15 PM

@c kenneths,
you can get into stanbic through the saex,this company is on a buying spree not only in nigeria,but round the world.buying into it wont be a bad idea at-all

c kenneths · #**133** (**permalink**) 8th December 2007, 05:22 PM

Pal, which one be saex?

chokit · #**134** (**permalink**) 8th December 2007, 05:25 PM

Quote:

Originally Posted by pumping

Still on Access Bank Allocation.

Can you beat this????????

Stanbic applied for about 59% of the shares on offer!!!

This Access must have some hot prospects!!

I am caught up between buying Access ,unilever and zenith on the floor seen that the three guys are good and i have very little resources which do you feel one should go for in a short term sence.

I sure of buying zenith po but i am thinking about not puting all the cash on the po due to this over subscription thing.What about eating once cake and having it !

Please which company is Big treat what is thier business ?

c kenneths · #**135** (**permalink**) 8th December 2007, 05:26 PM

@pesadila pls, which one be saex?

c kenneths · #**136** (**permalink**) 8th December 2007, 05:30 PM

Quote:

Originally Posted by chokit

I am caught up between buying Access ,unilever and zenith on the floor seen that the three guys are good and i have very little resources which do you feel one should go for in a short term sence.

I sure of buying zenith po but i am thinking about not puting all the cash on the po due to this over subscription thing.What about eating once cake and having it !

Please which company is Big treat what is thier business ?

What is so interesting about Unilever, even with its falling margins, reduced T/O?