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Nairaland Forum / Nairaland / General / Investment / MTN Nigeria Sells At N125 Per Share In Off-market Deals (12050 Views)
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Re: MTN Nigeria Sells At N125 Per Share In Off-market Deals by MobilityExpress: 6:49am On May 20, 2019 |
semyman: chai! |
Re: MTN Nigeria Sells At N125 Per Share In Off-market Deals by daddytime(m): 6:51am On May 20, 2019 |
MobilityExpress: Wetin banks do me mid 2000s I no go forget. Still got some of the worthless shares at hand. 3 Likes |
Re: MTN Nigeria Sells At N125 Per Share In Off-market Deals by 9jaRealist: 6:56am On May 20, 2019 |
MobilityExpress: While markets fluctuate, MTN is a pretty sound business (and one with a solid financial track record)... Meanwhile, most stocks on the Nigerian Stock Exchange are actually UNDERVALUED, which is why most of the holdings in the Nigerian bourse are by foreign portfolio investors (followed by domestic institutional investors, and a small corps of retail investors). The only problem is that such “hot money” (ie, foreign portfolio investment) rarely play the long game and their rapid ingress and egress exacerbates market volatility. > 2 Likes |
Re: MTN Nigeria Sells At N125 Per Share In Off-market Deals by MobilityExpress: 7:00am On May 20, 2019 |
daddytime: Exactly, if it can happen with banks, then which yeye shares is safe? If it's not shares of multinational oil companies like Mobil, Total, or FMCG like Nestle, Nigerian Breweries, or government-backed Monopoly like Dangote Sugar etc, then forgerrit, you're playing kalo kalo with your money. Tomorrow now, you will hear, because MTN did not do something something or MTN did something something, NCC fines them fresh $4billion, then share prices will crash . Nigerian Stock Exchange = computerized baba ijebu . Many people have been burnt badly. Only few achieved. The system is bad and the country's economic blueprint is unreliable. The best investment so far in Nigeria is property. Real estate owners are the real MVPs of investment profit making in this country 3 Likes |
Re: MTN Nigeria Sells At N125 Per Share In Off-market Deals by MobilityExpress: 7:04am On May 20, 2019 |
9jaRealist: You're right and I don't have a problem with MTN as a company. My concern is with the Nigerian economic system. It's a wild economic jungle out ere. Only the |
Re: MTN Nigeria Sells At N125 Per Share In Off-market Deals by Bluntemperor: 7:05am On May 20, 2019 |
welldone MTN for coming to the Capital Market. if care is not taking,MTN Shares will likely be like Nestle Shares-scarce from day one. Investigators, it's time to invade the Market. |
Re: MTN Nigeria Sells At N125 Per Share In Off-market Deals by klas(m): 7:10am On May 20, 2019 |
Olutala: No. Not a single kobo of the share sale is going to the company. The shares are being sold by the existing shareholders, so they are the ones to reap the full benefits of their investments. However, in future, if the company make a public offer, then, the proceeds of that offer go to the company. 3 Likes |
Re: MTN Nigeria Sells At N125 Per Share In Off-market Deals by Spatta: 7:21am On May 20, 2019 |
owolabi5: If Nigeria was working, People like you aught to be arrested, you are part of the saboteurs who steal from Nigeria while bypassing proper way of getting things done. a Good government can arrest you with the information you put up. why should anyone call your number for Plate number or registration. You are one of the spot in the crumbled system called Nigeria 3 Likes |
Re: MTN Nigeria Sells At N125 Per Share In Off-market Deals by Oceannaagent: 7:24am On May 20, 2019 |
MobilityExpress:I Support this assertion 1 Like |
Re: MTN Nigeria Sells At N125 Per Share In Off-market Deals by spokesboy: 7:34am On May 20, 2019 |
Ok |
Re: MTN Nigeria Sells At N125 Per Share In Off-market Deals by daddytime(m): 7:36am On May 20, 2019 |
MobilityExpress: Succinct. |
Re: MTN Nigeria Sells At N125 Per Share In Off-market Deals by Adiwana: 7:38am On May 20, 2019 |
MobilityExpress: Speaking from the point of a real life investor to come to the conclusion that land is best form of investment or just you sitting down and typing that?? |
Re: MTN Nigeria Sells At N125 Per Share In Off-market Deals by owolabi5: 7:42am On May 20, 2019 |
Spatta: When you become successful enough to buy a car, you will definitely have less time for some things and out source some basic things like polishing your shoes and washing your clothes. 1 Like |
Re: MTN Nigeria Sells At N125 Per Share In Off-market Deals by cardoctor(m): 8:02am On May 20, 2019 |
I'm sure there won't be any share left for me to buy after this mad rush. |
Re: MTN Nigeria Sells At N125 Per Share In Off-market Deals by MzTunechi(f): 8:10am On May 20, 2019 |
iykebest1:I need also |
Re: MTN Nigeria Sells At N125 Per Share In Off-market Deals by ppogba: 8:21am On May 20, 2019 |
MobilityExpress: Kudos!' You know what you are talking about. I jokingly asked my stockbroker on Friday and she confirmed to me that the units traded on the 1st day were done without the brokers (specifically thru the backdoor by the Mafia). Like you said, the economic realities will soon set in and most importantly, the mafia will soon download the units they have after making 30-40 % for gullible you and I to scramble over. Dangote Flour 2 weeks ago is a case in mind. 3 Likes |
Re: MTN Nigeria Sells At N125 Per Share In Off-market Deals by greatcrown: 8:24am On May 20, 2019 |
I hope people buying this share will not regret it at the end. What is the basis for buy other than sentiment? 1 Like |
Re: MTN Nigeria Sells At N125 Per Share In Off-market Deals by Rick9(m): 8:25am On May 20, 2019 |
Run with ur money oh 1 Like |
Re: MTN Nigeria Sells At N125 Per Share In Off-market Deals by 4gunners(m): 8:33am On May 20, 2019 |
Experience guys in the house. Pls, my dad some share more than 10yrs ago, and then dividends is not encouraging at all(imagine #350 let year). How can he gets back his money, even if it is the cost uncured to purchase the shares. |
Re: MTN Nigeria Sells At N125 Per Share In Off-market Deals by Horus(m): 9:21am On May 20, 2019 |
1 Like 1 Share |
Re: MTN Nigeria Sells At N125 Per Share In Off-market Deals by ceasare: 9:27am On May 20, 2019 |
MobilityExpress: If only d nigerian investors are enlightened!!! They would see d underhand dealings of the quoted companies and the regulator's in cheating d gullible.dynamics of d market will drop the real value of d stock with time .now it's still early to knw if theirs some price manipulation or not.we r watching no b today.nigerias rich robbing d poor legitimately.those who want to buy should go ahead this is js my opinion and it's nobody's 2 Likes |
Re: MTN Nigeria Sells At N125 Per Share In Off-market Deals by iykebest1(m): 2:46pm On May 20, 2019 |
Definetech56:show me where I made such statement before and win yourself 10k. Otherwise, the joke is on you. |
Re: MTN Nigeria Sells At N125 Per Share In Off-market Deals by Nobody: 6:37pm On May 21, 2019 |
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