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| Private Placements Discuss Nigerian Private placements here. Unlike a public offering, a private placement is a direct private offering of stocks to a limited number of sophisticated investors. |
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House,
Just learnt NEGRIS is planning a PP soon. NEGRIS is an independent power project contractor. They were involved in the Rivers state IPP project and for other states too. All, pls be on the look out. I will try getting more details Cheers ![]() |
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Yeah, heard of the firm.
But lets get a hold of the prospectus to be sure of proper valuation, though wd expect they get it right. Ltr! |
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whats the level of goverment participation? |
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Will try and get more info. |
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Negris is an indigenous company managed by Engr (Dr) Abidoye Ayoola. They are into independent power production via solar systems, gas turbines etc. The handled the Rivers state power projects and have supplied many oil coys Agip, Shell, NNPC with power generating installations. Considering the dearth of PHCN in Nigeria, I think this coy has a lot of future doing business in Nigeria. I hope we can find out when they intend to come out. Visit Welcome To Negris Limited..
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Hmmm! this sounds very interesting. Considering the power situation we have in the country and the state of emergency declared, The future looks bright for this sector.
More info needed pls |
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This is interesting. We will appreciate your analysis of the pp and more informatin about when it should be expected
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Still on Negris pp. Is anybody privy to the coy's financial status for it to enjoy this commendation as a good investment? I'm sure very little is known of its activities. Could it be another Japaul in the making? Have a fruitful deliberations.
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I have sent them a mail todauy, hopefully someone will reply. Tried calling but their phone numbers are not going through on my mobile. (my phone no be Mtel o! ) |
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House,
I have today found out that the placement is being handled by Meristem. Pls anyone with link at Meristem to pls activate contact. This one should not pass us. I hear also that plans are near completion to start this PP. Lets keep our ears to the ground I will keep digging Cheers ![]() |
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From Negris site, it is like a group with about four subsidiaries. Well it looks good but as has been said above, we need prospectus.
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well, may be its from the system am susing. anyway, we are anxiously waiting for more news. SEC release a statement stating their worries over several PP that is happening now. |