Go Back   StockMarketNigeria.com Forums > Financial products and resources > Private Placements

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.

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 1st June 2008, 02:46 AM
hispy99's Avatar
Forum Moderator
Rank: Senior Member
Points: 83,228, Level: 100
Points: 83,228, Level: 100 Points: 83,228, Level: 100 Points: 83,228, Level: 100
Activity: 99%
Activity: 99% Activity: 99% Activity: 99%
 
Join Date: Aug 2007
Location: Chicago
Posts: 26,218
Thanks: 110
Thanked 247 Times in 199 Posts
Groans: 2
Groaned at 3 Times in 3 Posts
Rep Power: 37
hispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nice
Default Batun Oil & Gas

Batun Oil and Gas Targets Listing on NSE

THISDAY ONLINE
__________________
“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
  #2 (permalink)  
Old 1st June 2008, 03:47 PM
BLUEMONEY's Avatar
Rank: Senior Member
Points: 5,589, Level: 48
Points: 5,589, Level: 48 Points: 5,589, Level: 48 Points: 5,589, Level: 48
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Mar 2008
Posts: 1,362
Thanks: 1
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 9
BLUEMONEY will become famous soon enoughBLUEMONEY will become famous soon enough
Wink

Quote:
Originally Posted by hispy99 View Post
Batun Oil and Gas Targets Listing on NSE

THISDAY ONLINE
thanks for the info.
i guess we have to wait and see what these guys are up to PP or PO.

Last edited by BLUEMONEY; 1st June 2008 at 04:03 PM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #3 (permalink)  
Old 1st June 2008, 08:09 PM
polosco's Avatar
Rank: Member
Points: 1,331, Level: 20
Points: 1,331, Level: 20 Points: 1,331, Level: 20 Points: 1,331, Level: 20
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Mar 2008
Location: Abuja
Posts: 95
Thanks: 0
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 7
polosco is on a distinguished road
Default

Quote:
Originally Posted by BLUEMONEY View Post
thanks for the info.
i guess we have to wait and see what these guys are up to PP or PO.
They plan to raise N1B thro PP at N2.5, and also raise money thro PO at a price they don't ex[ect to be more than N5.

this i believe will come at same time to avoid the SEC rule of waiting 1 yr b4 coming for PO after listing
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #4 (permalink)  
Old 2nd June 2008, 10:43 AM
El-Kayode's Avatar
Rank: Senior Member
Points: 1,435, Level: 21
Points: 1,435, Level: 21 Points: 1,435, Level: 21 Points: 1,435, Level: 21
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Jan 2008
Posts: 108
Thanks: 0
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 7
El-Kayode is on a distinguished road
Default Re:

Quote:
Originally Posted by polosco View Post
They plan to raise N1B thro PP at N2.5, and also raise money thro PO at a price they don't ex[ect to be more than N5.

this i believe will come at same time to avoid the SEC rule of waiting 1 yr b4 coming for PO after listing
What sector are they into? Are they in the upstream or the downstream sector?
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #5 (permalink)  
Old 2nd June 2008, 08:39 PM
scamo's Avatar
Rank: Junior Member
Points: 1,083, Level: 17
Points: 1,083, Level: 17 Points: 1,083, Level: 17 Points: 1,083, Level: 17
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Feb 2008
Posts: 15
Thanks: 0
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 0
scamo is on a distinguished road
Default

Which kind of oil and gas company that do not even have a website!!!!!!, hope is not a briefcase company, anyway lets see what they are upto
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #6 (permalink)  
Old 2nd June 2008, 08:49 PM
olusolakemmy's Avatar
Forum Moderator
Rank: Senior Member
Points: 5,987, Level: 50
Points: 5,987, Level: 50 Points: 5,987, Level: 50 Points: 5,987, Level: 50
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: May 2007
Posts: 1,485
Thanks: 0
Thanked 5 Times in 3 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 9
olusolakemmy will become famous soon enough
Default

the company was mentioned in punch newspaper and the private placement was confirmed for N2 minimum of 500,000.

still to know more about the company!!!!!!!!!!!!!!!
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #7 (permalink)  
Old 2nd June 2008, 08:51 PM
BLUEMONEY's Avatar
Rank: Senior Member
Points: 5,589, Level: 48
Points: 5,589, Level: 48 Points: 5,589, Level: 48 Points: 5,589, Level: 48
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Mar 2008
Posts: 1,362
Thanks: 1
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 9
BLUEMONEY will become famous soon enoughBLUEMONEY will become famous soon enough
Wink

Quote:
Originally Posted by polosco View Post
They plan to raise N1B thro PP at N2.5, and also raise money thro PO at a price they don't ex[ect to be more than N5.

this i believe will come at same time to avoid the SEC rule of waiting 1 yr b4 coming for PO after listing
then if they will do both the same time, then they will have to at least register the PO with SEC.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #8 (permalink)  
Old 4th June 2008, 09:16 PM
BLUEMONEY's Avatar
Rank: Senior Member
Points: 5,589, Level: 48
Points: 5,589, Level: 48 Points: 5,589, Level: 48 Points: 5,589, Level: 48
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Mar 2008
Posts: 1,362
Thanks: 1
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 9
BLUEMONEY will become famous soon enoughBLUEMONEY will become famous soon enough
Wink

THIS WAS EARLIER POSTED ON THE GEO-FLUID THREAD BUT I THINK THIS IS WHERE IT BELONGS.
Batun oil and gas Private Placement

--------------------------------------------------------------------------------

Guys
This is another opportunity to make money from the capital Market.Batun oil are offering subscription by way of PP of 500,000,000 ordinary shares of N1.00 each at N2.00 per share payable in full application. The offer will be opened from June 2, 2008 through June 13, 2008.
They are selling at N1.00 PAR value.which means for every 1 share u buy now u get 2 when the share is listed within 120 days and the company will also sell public offer at N5.00 per share.

The share is currently sell at N3.50 premium,the minimum is 100,000 units.

for more information and details contact
TOKUNBO 07027616689
EKECHUKWU 08038229561
OLIVIA 08023102556
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #9 (permalink)  
Old 5th June 2008, 02:44 PM
solarbim's Avatar
Rank: Junior Member
Points: 958, Level: 16
Points: 958, Level: 16 Points: 958, Level: 16 Points: 958, Level: 16
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Apr 2008
Posts: 11
Thanks: 0
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 0
solarbim is on a distinguished road
Default Batun Oil PP

Hello pple!

Has anyone done an analysis of the Company to confirm it's worth the buy? I know we have some brains in the house dat does stuffs like dat so can we have some clue pls???
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #10 (permalink)  
Old 5th June 2008, 04:30 PM
BLUEMONEY's Avatar
Rank: Senior Member
Points: 5,589, Level: 48
Points: 5,589, Level: 48 Points: 5,589, Level: 48 Points: 5,589, Level: 48
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Mar 2008
Posts: 1,362
Thanks: 1
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 9
BLUEMONEY will become famous soon enoughBLUEMONEY will become famous soon enough
Wink

Quote:
Originally Posted by solarbim View Post
Hello pple!

Has anyone done an analysis of the Company to confirm it's worth the buy? I know we have some brains in the house dat does stuffs like dat so can we have some clue pls???
we are still waiting for the prospectus. then Analysis will begin
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #11 (permalink)  
Old 10th June 2008, 01:07 AM
bolajiedun2002's Avatar
Rank: Junior Member
Points: 2,551, Level: 30
Points: 2,551, Level: 30 Points: 2,551, Level: 30 Points: 2,551, Level: 30
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Feb 2008
Posts: 12
Thanks: 0
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 0
bolajiedun2002 is on a distinguished road
Default Batun oil and gas

Versfamm international limited, a registered agent to Batun private placement are selling the N1 share for N2.50 and a minimum of 100,000 units, this sure makes more sense and you can call me to get you linked to them or mail me 08056144976 bolajiedun2002@yahoo.com.
they are listing december, but before then, they are coming out for a public offer@ arround 5 but every private placement buyer gets his certificate by octoberr/november
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #12 (permalink)  
Old 10th June 2008, 02:01 AM
hispy99's Avatar
Forum Moderator
Rank: Senior Member
Points: 83,228, Level: 100
Points: 83,228, Level: 100 Points: 83,228, Level: 100 Points: 83,228, Level: 100
Activity: 99%
Activity: 99% Activity: 99% Activity: 99%
 
Join Date: Aug 2007
Location: Chicago
Posts: 26,218
Thanks: 110
Thanked 247 Times in 199 Posts
Groans: 2
Groaned at 3 Times in 3 Posts
Rep Power: 37
hispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nice
Default

Quote:
Originally Posted by bolajiedun2002 View Post
Versfamm international limited, a registered agent to Batun private placement are selling the N1 share for N2.50 and a minimum of 100,000 units, this sure makes more sense and you can call me to get you linked to them or mail me 08056144976 bolajiedun2002@yahoo.com.
they are listing december, but before then, they are coming out for a public offer@ arround 5 but every private placement buyer gets his certificate by octoberr/november

Can you please explain this?
__________________
“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
  #13 (permalink)  
Old 10th June 2008, 07:55 AM
faoogoke's Avatar
Rank: Senior Member
Points: 5,734, Level: 48
Points: 5,734, Level: 48 Points: 5,734, Level: 48 Points: 5,734, Level: 48
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Nov 2007
Posts: 330
Thanks: 0
Thanked 1 Time in 1 Post
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 7
faoogoke is on a distinguished road
Default Buyers Beware

Quote:
Originally Posted by hispy99 View Post
Can you please explain this?
There was an advert in "This Day" newspaper of yesterday warning buyers about this placement.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #14 (permalink)  
Old 10th June 2008, 07:59 AM
hispy99's Avatar
Forum Moderator
Rank: Senior Member
Points: 83,228, Level: 100
Points: 83,228, Level: 100 Points: 83,228, Level: 100 Points: 83,228, Level: 100
Activity: 99%
Activity: 99% Activity: 99% Activity: 99%
 
Join Date: Aug 2007
Location: Chicago
Posts: 26,218
Thanks: 110
Thanked 247 Times in 199 Posts
Groans: 2
Groaned at 3 Times in 3 Posts
Rep Power: 37
hispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nice
Default

Quote:
Originally Posted by faoogoke View Post
There was an advert in "This Day" newspaper of yesterday warning buyers about this placement.
Thank you jare...
__________________
“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
  #15 (permalink)  
Old 10th June 2008, 03:18 PM
azob2002's Avatar
Rank: Senior Member
Points: 2,566, Level: 30
Points: 2,566, Level: 30 Points: 2,566, Level: 30 Points: 2,566, Level: 30
Activity: 1%
Activity: 1% Activity: 1% Activity: 1%
 
Join Date: May 2008
Posts: 166
Thanks: 1
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 7
azob2002 is on a distinguished road
Default Batun Oil and Gas

Guys,
Be very careful... lets not rush at any P.P like that... who is the issuing house, who is underwriting them? these guys look a bit freakish to me.. maybe its just me but i would not touch this with even a long pole,

Beware!!!!! and do contack ur brokers.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #16 (permalink)  
Old 10th June 2008, 04:15 PM
bolajiedun2002's Avatar
Rank: Junior Member
Points: 2,551, Level: 30
Points: 2,551, Level: 30 Points: 2,551, Level: 30 Points: 2,551, Level: 30
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Feb 2008
Posts: 12
Thanks: 0
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 0
bolajiedun2002 is on a distinguished road
Default Batun oil ang gas

Versfamm international limited is a approved agent of the placement.
i am a staff of versfamm international limited.
i will give you the detail of what i have on the hard copy of the prospectus now.
Batun oil and Gas offer for subscription, by the way of privaet placement 500,000,000 ordinary shares of N1.00 @ N2.00 per share. payable in full appliction.
Placement adviser:, PORTOFLIO ADVISERS


activities
June 2 offer opens
June 13 offer closes
June 27 Sunmit allotment proposal for Board to approve
June 30 Batun Board approves allotment proposal
July 2 Funds get remited
July 4 Batun issues certificates
July 7 commencement of company to plc
July 14 comencement of registration of shares
all in 2008

Groos offer proceeds 1000,000,000


DIRECTORS AND PARRTY TO THE PLACEMENT
Protem cahirman - Mr Festus Ajani
Managing director - Mr Luqman Babalola
Directors - Mr Abdulahi Alao
Mr Olurotimi Ogunwale
Mr Joseph owoey
Company seceretary - Tawa Abiola Adamu (Mrs)
Registered Office - KARIKI TOWERS
3rd flors no 9 wharf road Apapa Lagos


Placement advisers
PORTFOLIO ADVISERS LIMITED

Registrars to placements Sterling Registrars
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #17 (permalink)  
Old 10th June 2008, 05:17 PM
BLUEMONEY's Avatar
Rank: Senior Member
Points: 5,589, Level: 48
Points: 5,589, Level: 48 Points: 5,589, Level: 48 Points: 5,589, Level: 48
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Mar 2008
Posts: 1,362
Thanks: 1
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 9
BLUEMONEY will become famous soon enoughBLUEMONEY will become famous soon enough
Wink

Hello bolajiedun2002,
How would you explain the warning to investors to stay clear from this PP as published in thisday newspaper.
since you have the hardcopy of the prospectus with you, can you kindly upload it for us to see or is it against company policy ????
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #18 (permalink)  
Old 10th June 2008, 05:54 PM
hispy99's Avatar
Forum Moderator
Rank: Senior Member
Points: 83,228, Level: 100
Points: 83,228, Level: 100 Points: 83,228, Level: 100 Points: 83,228, Level: 100
Activity: 99%
Activity: 99% Activity: 99% Activity: 99%
 
Join Date: Aug 2007
Location: Chicago
Posts: 26,218
Thanks: 110
Thanked 247 Times in 199 Posts
Groans: 2
Groaned at 3 Times in 3 Posts
Rep Power: 37
hispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nice
Default

Quote:
Originally Posted by BLUEMONEY View Post
Hello bolajiedun2002,
How would you explain the warning to investors to stay clear from this PP as published in thisday newspaper.
since you have the hardcopy of the prospectus with you, can you kindly upload it for us to see or is it against company policy ????
thank you Bluemoney. Bolaji, please post the prospectus. I for one must know where my money is going before I release it.
__________________
“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
  #19 (permalink)  
Old 10th June 2008, 09:04 PM
chokit's Avatar
Rank: Senior Member
Points: 3,718, Level: 38
Points: 3,718, Level: 38 Points: 3,718, Level: 38 Points: 3,718, Level: 38
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Dec 2007
Posts: 177
Thanks: 0
Thanked 0 Times in 0 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 7
chokit is on a distinguished road
Default

wonders shall never end,i dont understand this type of business oo this na another america wonder of baba-sala.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #20 (permalink)  
Old 10th June 2008, 09:24 PM
Abinishio's Avatar
Rank: Senior Member
Points: 4,398, Level: 42
Points: 4,398, Level: 42 Points: 4,398, Level: 42 Points: 4,398, Level: 42
Activity: 5%
Activity: 5% Activity: 5% Activity: 5%
 
Join Date: Jan 2008
Location: Houston, TX USA
Posts: 262
Thanks: 9
Thanked 2 Times in 2 Posts
Groans: 0
Groaned at 0 Times in 0 Posts
Rep Power: 7
Abinishio is on a distinguished road
Default

L&G,
Caveat Emptor!!!

This bolaji is behaving doggy!
Hw work for Versfamm, soliciting for .50k premium and cant explain Thisday advert.
I'm put on inquiry with this PP.
Buyer beware!

Another interesting highlight is that, it seems some funny characters have joined this forum with the aim of finding a situated pool of investors and selling tem garbage. I feel saddened that, while we are trying to grow this forum and share ideas, some fellows are looking to exploit it and foster contempt.
I this Forum moderators should investigate this guy, and if found suspecious should be barred from further interaction.
Forum moderators over to you ohh!

AB
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 06:40 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