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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 12th August 2008, 06:39 PM
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Default Mouka foam PP

Hello,

Any news on this placement?
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Old 12th August 2008, 07:43 PM
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Wink Re: Mouka foam PP

Quote:
Originally Posted by Forraps View Post
Hello,

Any news on this placement?
No info from my end. Please where did you get your info from ?????
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Old 12th August 2008, 10:05 PM
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Default Re: Mouka foam PP

Probably Actis/IFC trying to divest. I have been waiting on this since last year. I'd definitely buy unless the doc springs a surprise.
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Old 13th August 2008, 04:34 PM
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Quote:
Originally Posted by richestowealth View Post
Probably Actis/IFC trying to divest. I have been waiting on this since last year. I'd definitely buy unless the doc springs a surprise.


So Actis have a some holding in this company too. i am sure they want divest because that is what they have been doing for quite some time with thier holdings in other companies. (i dont think they are reinvesting here in Nigeria).
With the rate they are going, i am beginning to suspect that it may be connected to the S & P and Fitch report that Nigeria is a high risk investment Zone.
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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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