NewStats: 3,259,770 , 8,170,871 topics. Date: Sunday, 25 May 2025 at 11:51 PM 4z311

https://nairaland.unblockandhide.com/5189295/mtn-loses-2m-subscribers-3




I don start

https://nairaland.unblockandhide.com/5189295/mtn-loses-2m-subscribers-3

I E don start

I am telling you....

No doubt, mtn will open on full bid. No doubt some interested persons here would put in bids but may not get a single unit. No doubt the full bids would last for some days and price would consequently appreciate. That is the point where some of us would now enter and in the next couple of dayz you will start to hear "my portfolio is down by 10%" "I bailed out at tesere loss" "I will just keep averaging down" etc until mtn go come make us pay for the remaining fine, and the penalty for tax defaults etc etc

Am trying to understand why MTN with all the information at their disposal, will choose to list their shares at N90 if it's truly worth more than double of it (N190 according to Cordros).

Maybe this is MTN Bonanza and a way of giving back to Nigerians. Maybe!

This is the same way Prophet Utuocha made noise and sold Starcomms and Tantalizer shares to us years back.

stcool:
Retail investors should no bother until price hits... N180 it will not be available. Just coming from an event hosted by Renaissance Capital at Intercontinental hotel...Annual Pan Africa Investor Conference.
Big boys are not smiling I gum body follow go

Market will be sweet tomorrow
Don't be carried away... even by any expert, exercise caution.

Funny thing is the event has Cordros and Renaissance on it.

20billion share will not be available? I hear u. the can only hoard it for a few days

pluto09:


Are you sure about this?
I am talking about net profit and not gross profit.
If PAT is 453b then eps will be 453/20 which gives us 85.6.

If that is true, mtn will be selling at a ridiculous low price at N90 as p.e will be close to 1 . impossible

did u use the 20 billion os?

Agbalowomeri:
In summary buy with the mindset of a fundamentalist Lol
Sell with the mindset of a trader

describe the two scenarios Sir

Buying with mindset of a fundamentalist=
Sell with mindset of a trader=

yom2:
20billion share will not be available? I hear u. the can only hoard it for a few days

No just 20billion Units .. 20billion @ 90 naira per share.. even tritritri 333million naira go only get am 3,700,000 units.. the shares out too much

mendes911:

Am trying to understand why MTN with all the information at their disposal, will choose to list their shares at N90 if it's truly worth more than double of it (N190 according to Cordros).

Maybe this is MTN Bonanza and a way of giving back to Nigerians. Maybe!

This is the same way Prophet Utuocha made noise and sold Starcomms and Tantalizer shares to us years back.

Bros you still Utuocha
Men don loss fa Lol

gamaliel9:


describe the two scenarios Sir

Buying with mindset of a fundamentalist=
Sell with mindset of a trader=

Bros na jamb kweson u set for me so

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

stcool:


Post it here... You will get more contributions

Am so much interested in stock, but I just don't have d know-how. I need help pls.........

So, I've gleaned these from the comments here. Reasons to BUY or NOT TO BUY MTN Nigeria

to Buy
- IPO's usually rally for a few weeks or even months before falling, the trick is to know when to jump out, JIJO crew
- Numbers released so far are very juicy, healthy year on year % growth in key performance indicators
- Dividends are uhlalah
- Momentum is more important than fundamentals, MTN is the rave of the moment, coupled with scarcity price will rally

not to Buy
- Before listing results are always to rosy, after you jump in the losses pile up and deductions of various kinds start poping up
- IPO's are usually overpriced, better wait for a few results to better gauge it's worth, there will always to an opportunity to enter at a good price
- The market is bearish, and has beaten down fundamentally sound companies to attractive prices, better buy a stock with years of stable earnings, dividends etc than the new kid on the block
- Retail investors won't get in at an attractive price, ending up holding the empty can

In all, Due Diligence is advised

yom2:
20billion share will not be available? I hear u. the can only hoard it for a few days

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

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

Lolz

Excitement as MTN Nigeria Begins Trading of 20.4bn Shares Today
https://businesspost.ng/2019/05/16/excitement-as-mtn-nigeria-begins-trading-of-20-4bn-shares-today/

Market Sheds 0.48% Ahead of MTN Nigeria Listing Thursday
https://businesspost.ng/2019/05/15/market-sheds-0-48-ahead-of-mtn-nigeria-listing-thursday/

Electricity: Firm Offers FG Olive Branch As Judgment Debt Hits $9bn
https://businesspost.ng/2019/05/15/contract-dispute-british-firm-offers-fg-olive-branch-as-judgment-debt-hits-9bn/

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

This one alone and sentiment can push it to...N300-N500

yom2:
20billion share will not be available? I hear u. the can only hoard it for a few days

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.

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

Ready to try my luck with this one, hopefully I will be able to get some units to buy before price gets out of my buying zone.

NSE and SEC should have compelled MTN South Africa to divest part of their holdings as offer for sale to Nigerians. Between 1b to 2b

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

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

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

wait ooo,market cap of mtn is 1.8 trillion,if it goes on full bid today 10%.All share index will just be firing,I hope they will not hold down my gtb because mtn is blasting the ASI.

pluto09:


Are you sure about this?
I am talking about net profit and not gross profit.
If PAT is 453b then eps will be 453/20 which gives us 85.6.

If that is true, mtn will be selling at a ridiculous low price at N90 as p.e will be close to 1 . impossible

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.

rebekah2011:
NSE and SEC should have compelled MTN South Africa to divest part of their holdings as offer for sale to Nigerians. Between 1b to 2b

Why should they be compelled to sell their holding? MTN RSA will not be selling at N90!

Because they got a reprieve from the NCC Fine. If MTN RSA will not sell at N90, who will then throw away money at N90. Imagine 50,000 units @ N99 = 4.95m. Is the stock now worth N150 or N300 for it to excite MTN RSA to sell. They already have 74.3%, let them cede the 4.3% and everyone will still be okay.

wanaj0:


Why should they be compelled to sell their holding? MTN RSA will not be selling at N90!

MTNN listed at N90/share in the section of NSE. Welcome on board.
No offer, no bid yet................

Mcy56:
MTNN listed at N90/share in the section of NSE. Welcome on board.
No offer, no bid yet................

Na mouth the guy get.

STOjo:


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

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

wanaj0:
Why should they be compelled to sell their holding? MTN RSA will not be selling at N90!

True.

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.

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.