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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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Old 16th July 2008, 09:06 AM
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Exclamation All Workers Micro Finance bank PP

AMFB ( All workers micro finance bank ) is currnently running a pp at the price of N3.20 per share. minimum buy is for 10,000 units.

Please respond with your findings and thinkings.
Champion.
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Old 16th July 2008, 10:48 AM
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Default What are the details on the pp?

Please let us have the details on the pp as usual.
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Old 16th July 2008, 04:51 PM
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Quote:
Originally Posted by Champion. View Post
AMFB ( All workers micro finance bank ) is currnently running a pp at the price of N3.20 per share. minimum buy is for 10,000 units.

Please respond with your findings and thinkings.
Champion.
Micro Finance Bank ???? Hnmm.
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Old 16th July 2008, 07:30 PM
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I am discouraged by the name which sounds more like an impersonation. More like a catch phrase.
Secondly, the number of microfinance banks that seem to be springing up suggests that they may need a seperate stock market to accomodate them when they all join the craze to list.
I am also shy of their supposed limited scope.
I am not in a hurry on this category.
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Old 16th July 2008, 08:22 PM
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this na another abracadabra
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Old 17th July 2008, 02:36 AM
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Quote:
Originally Posted by Champion. View Post
AMFB ( All workers micro finance bank ) is currnently running a pp at the price of N3.20 per share. minimum buy is for 10,000 units.

Please respond with your findings and thinkings.
Champion.
Oga, how we go respond when we no get PP document? Please post the PP docs, then we will respond in kind.
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
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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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