Elai147:

If PREMBREW like make e reach N5. I no like stocks wey resemble one chance. Hoping to enjoy my second loot on Wapic @N0.70 entry.

Dear Wapic, I'm coming back!

I wonder, why is BusinessDay the only news medium reporting negative news about Conoil?

Conoil HI profit down 36.77% on ballooning input cost
BusinessDay-5 hours ago

Conoil Profit Surges by 298%
THISDAY Live-Aug 19, 2014

Conoil's Profit Surges By 298 Per Cent
The Guardian-Aug 19, 2014

Conoil grows full-year profit by 329%
The Punch-Aug 18, 2014

Other incomes catapult Conoil 2013 profit
BusinessDay-Aug 13, 2014

Conoil declares N2.78b dividend for 2013 financial year
The Guardian Nigeria-Aug 10, 2014

Conoil records 25.25% fall in half-year profit
BusinessDay-Aug 14, 2014

Avantajj: I wonder, why is BusinessDay the only news medium reporting negative news about Conoil?

Conoil HI profit down 36.77% on ballooning input cost
BusinessDay-5 hours ago

Conoil Profit Surges by 298%
THISDAY Live-Aug 19, 2014

Conoil's Profit Surges By 298 Per Cent
The Guardian-Aug 19, 2014

Conoil grows full-year profit by 329%
The Punch-Aug 18, 2014

Other incomes catapult Conoil 2013 profit
BusinessDay-Aug 13, 2014

Conoil declares N2.78b dividend for 2013 financial year
The Guardian Nigeria-Aug 10, 2014

Conoil records 25.25% fall in half-year profit
BusinessDay-Aug 14, 2014

it might be due to different analyst analysing using different critaria.
The funny thing is that while some of them will downgrade a particuler stock and tell investors to sell, the same analyst will be the ones buying it secretly (e.g unilever) whlie most people are rushing to sell theirs some cowboys are secretly buying it at 49naira cheack the volume of unilever being traded u will be amazed.
Some analyst will tell investors to buy, only for them to succed in pumping the price of the stock by 30% and latter dump it on the investors who trusted their analysis. (pump and dump). So be very careful when taken decision made by one oluwole analyst
.
.
BSITL I am Redoil who was ban for 93years.

Avantajj: I wonder, why is BusinessDay the only news medium reporting negative news about Conoil?

Conoil HI profit down 36.77% on ballooning input cost
BusinessDay-5 hours ago

Conoil Profit Surges by 298%
THISDAY Live-Aug 19, 2014

Conoil's Profit Surges By 298 Per Cent
The Guardian-Aug 19, 2014

Conoil grows full-year profit by 329%
The Punch-Aug 18, 2014

Other incomes catapult Conoil 2013 profit
BusinessDay-Aug 13, 2014

Conoil declares N2.78b dividend for 2013 financial year
The Guardian Nigeria-Aug 10, 2014

Conoil records 25.25% fall in half-year profit
BusinessDay-Aug 14, 2014

No mind Business day...na becos Con Oil never settle them there..

2cato:
BSITL I am Redoil who was ban for 93years.

Welcome back

2cato:
.
BSITL I am Redoil who was ban for 93years.

These mods are bad o, imagine 93 years, humans' average age on earth is less than 80 sef. Choi!

2cato:
BSITL I am Redoil who was ban for 93years.

That name reminds the mods of their investment wey waka enter bush with okitipupa oil,chai 93years see wickedness like sey you be matusalen

Some of them are still weeping from what happen to them in Daar and starcoms

hbrednic:

That name reminds the mods of their investment wey waka enter bush with okitipupa oil,chai 93years see wickedness like sey you be matusalen

Okay, as promised, lets kick it off, first, you need an entry and exit price, don't be greedy please, and invest a certain percentage of your portfolio.

A target of three months, go for Afripud, set an entry price of 3.25, and an exit price of 3.80. The half year result was cool, we expect times two of the group's net income in the 2014 FYE, it is a registrar business, which generates a lot, most of these businesses invest the cash with them in bonds and bills, so it's safe to assume that they will hit the forcast net income. I guess everyone knows how registrar business operates.

Afripud, 16.90% return after three months.

Dont be greedy, exit when it gets to that mark.

nitrogen: Okay, as promised, lets kick it off, first, you need an entry and exit price, don't be greedy please, and invest a certain percentage of your portfolio.

A target of three months, go for Afripud, set an entry price of 3.25, and an exit price of 3.80. The half year result was cool, we expect times two of the group's net income in the 2014 FYE, it is a registrar business, which generates a lot, most of these businesses invest the cash with them in bonds and bills, so it's safe to assume that they will hit the forcast net income. I guess everyone knows how registrar business operates.

Afripud, 16.90% return after three months.

Dont be greedy, exit when it gets to that mark.

Dexter likes Africa Prudential Registrars.

nitrogen: Okay, as promised, lets kick it off, first, you need an entry and exit price, don't be greedy please, and invest a certain percentage of your portfolio.

A target of three months, go for Afripud, set an entry price of 3.25, and an exit price of 3.80. The half year result was cool, we expect times two of the group's net income in the 2014 FYE, it is a registrar business, which generates a lot, most of these businesses invest the cash with them in bonds and bills, so it's safe to assume that they will hit the forcast net income. I guess everyone knows how registrar business operates.

Afripud, 16.90% return after three months.

Dont be greedy, exit when it gets to that mark.

You want to sell afriprud for 3.80 in 3 months? Why don't u add another 3 months and see if you can still get this to buy at 5.0? My take is that someone somewhere is trying to impress the shareholders in this coy. I won't even be surprised to see a bonus script issue come year end. What is certain is that they won't pay less than 0.35kobo as dividend

Agbalowomeri:

You want to sell afriprud for 3.80 in 3 months? Why don't u add another 3 months and see if you can still get this to buy at 5.0?

You are right, but uncertainty is extremely high at the moment, I don't think we will get to see any trend (positive or negative) in the next three months, we've got to be careful.

Gtb

http://www.nse.com.ng/Financial_NewsDocs/7261_GTBANK_AUDITED_HALF_YEAR_JUNE_2014_FINANCIAL_STATEMENTS_AUGUST_2014.pdf

Agbalowomeri:

You want to sell afriprud for 3.80 in 3 months? Why don't u add another 3 months and see if you can still get this to buy at 5.0? My take is that someone somewhere is trying to impress the shareholders in this coy. I won't even be surprised to see a bonus script issue come year end. What is certain is that they won't pay less than 0.35kobo as dividend

The company is configured from the ground up to reward shareholders. Not many Nigerian companies are oriented like Afriprud. And since they're in the Share Registration business, they're well poised to make shii happen...

The historical relationship between Okomu Oil and Presco is reasserting itself finally, re. Reversion to the Mean. Only if one could play the real statistical arbitrage with both!

Dexterax: The historical relationship between Okomu Oil and Presco is reasserting itself finally, re. Reversion to the Mean. Only if one could play the real statistical arbitrage with both!

Choi! You better go and join HF guys so you can hedge many things...

nitrogen: Gtb

http://www.nse.com.ng/Financial_NewsDocs/7261_GTBANK_AUDITED_HALF_YEAR_JUNE_2014_FINANCIAL_STATEMENTS_AUGUST_2014.pdf

ok.. just 25kobo interim.. but which kind loan go bad like that we jerk up the loan loss by more than 200%

abi na now dem wan make provision for HITV loan?

nitrogen:

Choi! You better go and join HF guys so you can hedge many things...

Hehehe.

My oga, baby steps. But you're right; I'm in this to exploit anything that can be exploited. Just that for now, due to the orientation of our local bourse, only one half of such strategies can be exploited; the LONG side.

After pitching my hypothesis to an uncle in the City, he advised me to go LONG on Presco instead. I disobeyed. The game's not over though. But for now, I'm ahead.

Dexterax:
Hehehe.
My oga, baby steps. But you're right; I'm in this to exploit anything that can be exploited. Just that for now, due to the orientation of our local bourse, only one half of such strategies can be exploited; the LONG side.
After pitching my hypothesis to an uncle in the City, he advised me to go LONG on Presco instead. I disobeyed. The game's not over though. But for now, I'm ahead.

Abi na!

@Afoks1 baba, the stuff (commercial paper) is still available o, 5m minimum, better than bills at the moment.

nitrogen:

Abi na!

@Afoks1 baba, the stuff (commercial paper) is still available o, 5m minimum, better than bills at the moment.

@nitrogen

Kindly provide info on the CP you referred to. Appreciate kind response. Tnx.

Toluway: Honestly, i commend the ladies who are here hustling with us. Not all ladies will preffer hustling male's pockets you know. Some are as brave and adventurous as men. Just like my Mercillicious and Bigass.

they believe in egalitarian society

insideview:

@nitrogen

Kindly provide info on the CP you referred to. Appreciate kind response. Tnx.

118 days, up to 20b naira on offer, implied yield is 11.35%, issuer is one big bank in Naija, rating is AAA (fitch)

gennitrogen@gmail.com for more.

nitrogen:

Abi na!

@Afoks1 baba, the stuff (commercial paper) is still available o, 5m minimum, better than bills at the moment.

O'boi, abeg yarn me story na...

no chop all the money alone na

jaybee3:

O'boi, abeg yarn me story na...

no chop all the money alone na

Boss, nawa for you o, you be my oga na!

is it gtb?

#crosss leg n waiting for oando result. countdown mode activated.

nitrogen:

Boss, nawa for you o, you be my oga na!

What's the "IN" thing at the moment?

I have some spare dosh I wanna invest

PS: I don send you mail

nitrogen:

118 days, up to 20b naira on offer, implied yield is 11.35%, issuer is one big bank in Naija, rating is AAA (fitch)

gennitrogen@gmail.com for more.

Interested

mercylicious: is it gtb?

#crosss leg n waiting for oando result. countdown mode activated.

it will be more better for them not to release the result now, because the result will push their price down.

nitrogen:

Abi na!

@Afoks1 baba, the stuff (commercial paper) is still available o, 5m minimum, better than bills at the moment.

hope u can seee, pple dont really know much abt d cp stuff.....my oga u can create another thread for dat like tbill

@nitrogen

You've been DISCOVERED!

Hehehe...

Afo1k: hope u can seee, pple dont really know much abt d cp stuff.....my oga u can create another thread for dat like tbill

Nah! No need. This simple explanation would do.

CP is like treasury bills, but issued by companies, you pay a discounted amount and collect the face value at maturity date. Simples!

Though, it is a bit risky, but there are good companies you can buy their CPs, like Gtbank, Stanbic IBTC, Access bank etc, their credit ratings are very okay.

CP is a short term investment, and you are safe, the better the credit rating of the issuer, the lower the rate offered. So a bank/company not really strong can give you 14% while a strong bank/company can give you 10%.

nitrogen:

Nah! No need. This simple explanation would do.

CP is like treasury bills, but issued by companies, you pay a discounted amount and collect the face value at maturity date. Simples!

Though, it is a bit risky, but there are good companies you can buy their CPs, like Gtbank, Stanbic IBTC, Access bank etc, their credit ratings are very okay.

CP is a short term investment, and you are safe, the better the credit rating of the issuer, the lower the rate offered. So a bank/company not really strong can give you 14% while a strong bank/company can give you 10%.

Meanwhile bruv...its funny these guys would issue a 'AAA' rating on that CP, considering that the Sovereign within which the company's domiciled bears a lower rating.

Rating agencies sha...