Heishere:
I have already bidded for MTN with my small mite. Let's see how it goes...inserts prayer emoticon

How you take bid?

Something wey go begin trade by 1.30pm

STOjo:


1 billion units X N90 = 90 Billion Nigeria Naira.
Over N90 billion Nigeria naira in his account for MTN purchase alone! I hear una !

Lol @ Nigeria naira .. the emphasis as if there’s Ghana naira

STOjo:


1 billion units X N90 = 90 Billion Nigeria Naira.
Over N90 billion Nigeria naira in his account for MTN purchase alone! I hear una !

All na paid hype!!

See as Access/FBN/UBA prices lean for that table....... make others dash them small fat na.

wanaj0:


It depends on the type of ownership.

MTN will not be selling. The major investors are not likely going to be selling. Most of those who will be selling are those that urgently need the money.

That said, MTN will do an IPO later.

Other fundamentally sound stocks will end up being the greatest beneficiaries of this MTN listing.
People will always go back to an ATM with cash after discovering that the ATM they queued up at is not dispensing.
By then, the other lines will become longer...

This is my lesson from your post.
Thank you Sir.

DAILY STOCK MARKET GUIDE FOR 16 MAY 2019

MSCI still did nothing, let us see if MTN will drag it out, today will be a game changer for the market, charts can take back seat for today, we are likely to have bullish season till end of the week.

Equally we are likely to see flock of new people into this market.

Want to profit from stock market!!! Continue reading my on Nairaland forum!!!

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan). This document remains the personal property of Target technical analysis (https://twitter.com/AnalysisTarget) and is not to be distributed without our authorization.

DeRuggedProf:
Other fundamentally sound stocks will end up being the greatest beneficiaries of this MTN listing.

Lol. Let's see if its 'neighbours' will be the first beneficiary.

http://www.nse.com.ng/dealing-members-site/Notices/MTN%20Nigeria%20Communications%20Plc%20-%20Listing%20by%20Introduction.pdf

735i:


How you take bid?

Something wey go begin trade by 1.30pm

Agbalowomeri:
I don't know anything about this MTN but the fact that they pay out 80% of their PAT as dividend, the NSE I know will price it very high o

let's see as they go public now if it will continue. any way still a south African company

wanaj0:


This your Mathematics get as e be ooo

Based on Q1 result, PAT 2019 will be like N200bn, EPS will be like N10 and PE at listing price of N90 will be like 9.

Thanks you sir, the mistake in my calculation has been acknowledged.

Chomzy19:
Welcome back Sir! Good to see your post here once more.

In my view, they want to use this listing by introduction to drive up the price before the IPO and them dump at a high price on unsuspecting investors during the IPO.

You must have gone to an International School because your NSE tuition fee must be very expensive

The greatest weapon against the stock market is GOODLUCK'S wife.
Impatience can make you pay people their dividend for the next 10yrs upfront, then become their AMCON...

Chomzy19:
Welcome back Sir! Good to see your post here once more.

In my view, they want to use this listing by introduction to drive up the price before the IPO and them dump at a high price on unsuspecting investors during the IPO.

You dey see well, well for that ya view jor.
Foresight!
Even this listing by introduction, before the common retail investor will be able to buy na around N250-N300!
I suspect some people may have mistaken public offer with listing by intro.
Them don dey squeeze the juice from private placement dey come.
Usually, the last squeeze of the juice happens at this stage.

DeRuggedProf:
The greatest weapon against the stock market is GOODLUCK'S wife.
[b]Impatience can make you pay people their dividend for the next 10yrs upfront, then become their AMCON... ;[/b]D

My Prof i really missed you

why did u abandon us ur student naaaa

i beg no go on AWOL again oooooo

ATTENTION ATTENTION PLEASE
I just come accross my late Daddy's old Nigerian brewery (NB) plc share certificate dated june,1987 with 1500 units. please does any one have the idea of how many units will have accrued on his share account. and how can we reclaim his shares with Nigeria brewery. I have sent email to first registrar which has not been replied.

seyidboy:
ATTENTION ATTENTION PLEASE
I just come accross my late Daddy's old Nigerian brewery (NB) plc share certificate dated june,1987 with 1500 units. please does any one have the idea of how many units will have accrued on his share account. and how can we reclaim his shares with Nigeria brewery. I have sent email to first registrar which has not been replied.

oga, go to the registrar in person if you want quick result.

stcool:


https://businessday.ng/exclusives/article/mtn-stock-set-to-rally-on-perceived-scarcity/

A CEO of one of Nigeria’s leading stock-broking firm told BusinessDay that “almost all shareholders of MTN are not willing to sell”, adding that “even those that will sell are going to offer the units that cannot meet the high demand”.

“The demand will automatically lead to a rally for the stocks. I can tell you now that I have over 1 billion units of demand for MTN stocks but I am yet to see a shareholder that is willing to sell,” the CEO said.

One stockbroker with order for over 1 billion units

Lool oga fear God na.

Only you hold 5% of global orders for the stock?

GonFreecss1:
I am just worried that Book value, EPS, PE, debt to assets and all other important stuffs were not mentioned, just basic stuff that don't mean anything or could mean something. Lol!

See this runnaway luff, Mtn don bring you back from sabbatical bah.

Some people may end up getting their desired stocks at bargain price from those that will want to dump it in order to queue up for Mtn shares.
Seems I can see Peter's hands on U-dac.

Mcy56:

See this runnaway luff, Mtn don bring you back from sabbatical bah.

Hehehehehehehe

Baby, you know you are the only one that can bring me here, even before something like MTN.

They say home is where the heart is.

GonFreecss1:


Hehehehehehehe

Baby, you know you are the only one that can bring me here, even before something like MTN.

They say home is where the heart is.

Cat no dey house, rats don take over
Issokay

Chams Clarifies Confusion Over Proposed Dividend, Negative Retained Earnings
https://businesspost.ng/2019/05/16/chams-clarifies-confusion-over-proposed-dividend-negative-retained-earnings/

Med-View Airline Expecting Some Airplanes to Increase Capacity
https://businesspost.ng/2019/05/16/med-view-airline-expecting-some-airplanes-to-increase-capacity/

GonFreecss1:
Hehehehehehehe
Baby, you know you are the only one that can bring me here, even before something like MTN. They say home is where the heart is.

You wey don follow deepsk go since all these days, na now you remember home. See as I dey look you.....

Agbalowomeri:
Cat no dey house, rats don take over Issokay

Oga Agba you say what?

BREAKING: Senate Confirms Emefiele as CBN Governor for Another Term
https://businesspost.ng/2019/05/16/breaking-senate-confirms-emefiele-as-cbn-governor-for-another-term/

Just heard that trading on the shares of MTN Nigeria will likely no longer commence today due to a scheduled facts behind the figures by the company at the NSE exchange event center, Lagos by 2.45 pm today.
Trading will now likely kick start tomorrow.

It is well !!

dipoolowoo:
BREAKING: Senate Confirms Emefiele as CBN Governor for Another Term
https://businesspost.ng/2019/05/16/breaking-senate-confirms-emefiele-as-cbn-governor-for-another-term/

onegentleguy:
Just heard that trading on the shares of MTN Nigeria will likely no longer commence today due to a scheduled facts behind the figures by the company at the NSE exchange event center, Lagos by 2.45 pm today.
Trading will now likely kick start tomorrow.

It is well !!

I received the same info from my broker.

I hope the delay will be for the best interest of the retail investors.

Agbalowomeri:


Cat no dey house, rats don take over
Issokay

Ah! Agba baba shey I dey cross my boundary?

Mcy56:

You wey don follow deepsk go since all these days, na now you remember home. See as I dey look you.....

Me and deep gini?

No o. This heart is only for you my dear.

735i:


How you take bid?

Something wey go begin trade by 1.30pm

Hmmm. That 1.30pm go see incredible bidding. Perhaps the highest ever bidding on nse

Anyone don see MTN buy?
I don re-login 2ce, mbà, nothing is happening. I don liquidate half of my portfolio for MTN.