DEAP Capital: Buy or Not? - Page 2

alanbow · #21 (**permalink**) 11th November 2007, 08:18 AM

I got my certificate a few weeks ago from the IPO earlier in the year.

Any news on when they will get listed?

jesusislord · #22 (**permalink**) 30th November 2007, 03:28 PM

I Got 30k Returned In A N1m Subscription

temi05 · #23 (**permalink**) 10th December 2007, 08:25 AM

Quote:

Originally Posted by alanbow

I got my certificate a few weeks ago from the IPO earlier in the year.

Any news on when they will get listed?

Good morn, read in the dailies this morning that it would be listed very soon probably before the end of this month, be on guard

longus · #24 (**permalink**) 13th December 2007, 02:58 AM

According to proshare DEAP was listed today
Proshare News

pumping · #25 (**permalink**) 13th December 2007, 04:29 AM

Quote:

Originally Posted by longus

According to proshare DEAP was listed today
Proshare News

The listing has been suspended indefinitely.

Apache · #26 (**permalink**) 13th December 2007, 08:36 AM

pumping, i think you are right. Although proshare reported that it was listed yesterday, i checked yesterday's stock market prices and Deap capital was missing

DaInvestor · #27 (**permalink**) 13th December 2007, 08:38 AM

the listing was postponed indefinitely
we'll wait and see what comes out of dat

newton · #28 (**permalink**) 18th December 2007, 07:33 AM

Hi Guys,
Seems this guys are turning out 2 be wealth creators indeed. Wit the current market price of abt N3.00 (goin up to N5 by year end) investors are already lickin some soup and wit the rights issue being undertaken i guess one can only say congrats to stockholders!

"Deap capital Ltd Rights issue of 129,444,630 ordinary shares at N1.00 each from 13 Dec, 2007 - 23rd Jan, 2008 "

Beulah · #29 (**permalink**) 19th December 2007, 04:28 PM

Quote:

Originally Posted by newton

Hi Guys,
Seems this guys are turning out 2 be wealth creators indeed. Wit the current market price of abt N3.00 (goin up to N5 by year end) investors are already lickin some soup and wit the rights issue being undertaken i guess one can only say congrats to stockholders!

"Deap capital Ltd Rights issue of 129,444,630 ordinary shares at N1.00 each from 13 Dec, 2007 - 23rd Jan, 2008 "

Please tell me more about it. How can I get more information about it. Thanks

Goddey · #30 (**permalink**) 20th December 2007, 03:31 AM

Oboy! see as you nde droll for Naira. Call your stock broker for information. You acn only buy DEAP now from the secondary market.

newton · #31 (**permalink**) 21st December 2007, 08:29 AM

To pick up ur rights u can contact them directly, though a rights circular shd be sent to you. The issue is 1:1 so u know how many new shares u'r entitled to pick up in the current offer. Intending investors can also pick up shares on the floor of the exchange but i'd imagine that the stock wd rally up to abt 75% of its listin price b4 settlin due to the economis of demand/supply

knightofdelta · #32 (**permalink**) 26th December 2007, 11:14 AM

I believe that is where Deap Capital is listed.

I see Interwsitch Limited floating a private placement soon to be listed under this sector or maybe not. No matter how long it takes, I am a patient person and I will wait... I will wait till 2010 if that is what it's gonna take. These guys work with all the banks in Nigeria and I see their ATMs all over the place. I dont need to see their prospectus.

The Knight of Delta.

pumping · #33 (**permalink**) 26th December 2007, 02:18 PM

Quote:

Originally Posted by knightofdelta

I believe that is where Deap Capital is listed.

I see Interwsitch Limited floating a private placement soon to be listed under this sector or maybe not. No matter how long it takes, I am a patient person and I will wait... I will wait till 2010 if that is what it's gonna take. These guys work with all the banks in Nigeria and I see their ATMs all over the place. I dont need to see their prospectus.

The Knight of Delta.

That a company is doing business does not mean it is doing so at a profit. Don't assume every business will eventually make it. Some will ultimately fail and even if you wait till 2020 you will only end up losing all your investment.

If there is a prospectus, read it before investing even if it is to confirm your gut feeling.

newton · #34 (**permalink**) 27th December 2007, 01:41 PM

I think i'd rather agree wt pumpin. The fact is interswitch is an household name in Nigeria wt a near monopoly in their niche market, it wd also be a given that they are profitable. But then this is investment and wt the many scandals in recent times it is only sane to read thru a company's prospectus b4 takin a decision even if it is just to fulfil righteousness as pumpin pointed out.

newton · #35 (**permalink**) 30th December 2007, 11:42 PM

Read recently in the dailies (FS) that Deap capital is planin an IPO of 1bn units at N3 per share to take advantage of the patronage the firm is currently enjoyin on the NSE

Goddey · #36 (**permalink**) 31st December 2007, 11:09 PM

newton_
Where did you read this from? they just had an ipo in 2007 and planning a bonus of 1-2 shares. Please let me know O

Ladi Jay · #37 (**permalink**) 8th January 2008, 01:50 PM

Quote:

Originally Posted by newton

Hi Guys,
Seems this guys are turning out 2 be wealth creators indeed. Wit the current market price of abt N3.00 (goin up to N5 by year end) investors are already lickin some soup and wit the rights issue being undertaken i guess one can only say congrats to stockholders!

"Deap capital Ltd Rights issue of 129,444,630 ordinary shares at N1.00 each from 13 Dec, 2007 - 23rd Jan, 2008 "

Newton,

Are u sure about this information? Please who is their Registrar and what is d ratio of rights to take up?

Any member with info. about this. Pls spread this gospel and let's make some money.