PPGPL IPO...

[PapaC]

How is it good news for TTNGL?

[fay]

How is it good news for TTNGL?

Chairman of the company/NGC which has majority stake in PPGPL and TTNGL will have influence on NGC Subsidiaries.

[shaneelal]

Source - Express 18/9/2015

[jusjase44]

good news

[neilsingh100]

good news

Not for those hoping to buy shares below the IPO price in the after market...

[jusjase44]

good news

Not for those hoping to buy shares below the IPO price in the after market...

if they didn't buy because I believe they did anyway

[russian123]

They all did, we all bought, waiting for October now right lol

[jusjase44]

Any1 saw an article in the Sunday express?

[jusjase44]

http://www.trinidadexpress.com/20150920 ... ipo-update

[DVSTT]

Saw this on fb

[neilsingh100]

Anyone get back funds through ACH as yet?

[russian123]

everything is delayed, our Honourable Prime Minister , Dr Keith Christopher Rowley wants to see wa really goin on. The reason given for the delay, is the new appointment of board of directors. lol

[neilsingh100]

[Country_Bookie]

lol @ no further delays are expected. This delay wasn't expected either!

[PariaMan]

Sauce?

[russian123]

wat d new board ha to do wit dis, rel jokers sa

[mitsutt]

http://digital.guardian.co.tt/#folio=14

[neilsingh100]

Still no refunds via ACH as yet? Another delay?

[neilsingh100]

[russian123]

Did anyone receive their mail informing them of their personal allocation

[neilsingh100]

Working out the allocation is easy, just minus the refund you got via ACH from the amount you applied for.

Any individual applying for $40k or less would have gotten all the shares they applied for.

Any predictions for Monday? I am hopeful by the end of next week it should be trading at $25 based on the fact that the pension funds only got 30% of what they applied for.

[Trinislacker]

Institutions where expecting "competition " so they purposely over subcribed from what they wanted. Individuals barely crossed the alotment. You would be lucky if shares even crossed IPO price. Just my opinion, I could be heavily misinterpreting this, time will tell.

[sMASH]

Which is saying it could be more or it could he less... Which isn't saying anything. lol.

[zoom rader]

PNM needs to start selling off state companies CAL, Wasa, TTEC and petrotrin should be next for IPO.
Save you cash for the buys

[Eagle]

X2 especially Petrotrin

[neilsingh100]

Institutions where expecting "competition " so they purposely over subcribed from what they wanted. Individuals barely crossed the alotment. You would be lucky if shares even crossed IPO price. Just my opinion, I could be heavily misinterpreting this, time will tell.

It is usually the institutional investors that determine the price and I expect them to set the floor at 20 but it would be interested to see how this will trade given the 60% allocation to individuals.

From the persons I know who invested I am guessing there would be less short term small investors than FCB and more long term large investors looking to diversify into energy and hedge against TT dollar devaluation. I also believe the pension funds would be buyers in the after market that would bid up the price.

[snatman]

hmmm
Up maximum 15% on debut!

[zoom rader]

hmmm
Up maximum 15% on debut!

Nice money in the bank

[fay]

well ttngl trade at 23 today
a 15% gain

[DVSTT]

Wasn't expecting it to trade above $20 tbh.

Anyone more versed could explain to me why it's trading so high ?