Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,195,560 members, 7,958,743 topics. Date: Wednesday, 25 September 2024 at 10:08 PM |
Nairaland Forum / Nairaland / General / Investment / Stocks That Can Make You Rich In 2007 (81043 Views)
How To Be Rich In Nigeria / Nigerian Stocks That Make You Happy All The Time / Best Nigerian Stocks To Buy For Your Retirement? (2) (3) (4)
(1) (2) (3) ... (43) (44) (45) (46) (Reply) (Go Down)
Re: Stocks That Can Make You Rich In 2007 by RoughCut(m): 8:41am On Nov 27, 2007 |
wanaj0:Yeah i felt frustrated because i actually bought this stockshed loads of it back in '04 looks like i will sell about half and then decide what to do with the pile of cash i will be sitting on i'm still looking for what to do with the cash from WEMA The bulls are on the rampage on the NSE from what i have read on the sister thread but i will say this the liquidity that is fuelling demand and pushing up the stock prices will be re-directed to the primary market to take advantage of the rash of PO and IPO's on offer and for those coming on stream which will have the effect of mopping up 'excess' liquidity in the secondary market therefore things should settle down a bit on the secondary market so we bargain hunters can go hunting again(i'm buying RedStar Expresss now though) So end of year and 1Q next year should be interesting Secondly all manner of companies will be declaring FY results and a lot of peeps will be taking profit and with the festive season knocking therefore prices might be depressed a bit |
Re: Stocks That Can Make You Rich In 2007 by aylala2002(m): 12:04pm On Nov 30, 2007 |
Good day all, longest time no see!!! I believe most, if not all of us have amassed a bit of wealth in the year 2007. The market went up and later exprienced a bit of lull in the third quarter of the year due to profit-taking and portfolio realignment of big time fund managers. As the year draws the curtains, I believe the index should close high within the 55,000 points range form 33,000 last year (up by about 60%). Other windows of opportunities abound in some public offers currently on like Bank PHB, Afribank (gat reservations about its high forcast PER for 2008 which is about 30 times its 2008 earnings @ offer price!), will ok Afribank for investors with a two year horozon, Zenith will also be a killer as returned funds from 1st bank's offer goes straight to Zenith. Below is s brief report on offers and placements you shouldnt miss this year; 1. DIAMOND BANK PLC Diamond Bank Plc: Offer for subscription (only within the Federal Republic of Nigeria but listed on the London Stock Exchange) US$ 400,000,000 Offering of Global Depository Receipts (GDRs) on the basis of 1GDR per 100 Diamond Bank shares. At a Reference price Per GDR of US$13.75 (Nigerian Investors can access the Foreign Exchange through the official window in order to subscribe to the offer). The offer price per GDR to be determined on Tuesday, 04 December 2007 may close below or above the reference price. Application List Opens: Tuesday, 20th November, 2007 Application List Closes: Tuesday, 4th December, 2007 Minimum Applications of 50 GDRs & Multiples of 50 GDRs & Multiples of 50 GDRs thereafter. Offer Hotlines are 08020567536, 08073359587, and 07039568204. It may interest investors that should the final offer price closes below the reference price of US$13.75 per GDR, the value of the local shares may subsequently nose-dive (GTB shareholders may testify to this). The reference price of US$13.75 per GDR translates to N16.29 per local Diamond share. The price of Diamond Bank currently trades at N18.50 (as at 27th Novemebr, 2007) BULL POINT Increased capital base should increase earnings and ultimately improve bottom lines. BEAR POINT Weakening dollar against the naira may increase exchange rate risk. 2. MAGNUS CONSULTING LIMITED Application List Opens: Tuesday, 20th November, 2007 Application List Closes: Tuesday, 4th December, 2007 10. Method of offering: Offer for Subscription by Private Placement 11. Units of Sale A minimum of 500,000 units and multiples of 10,000 thereafter 12. Offer Price N1.95 kobo per share 13. Payment In full on application Financial Summary For The Year Ended June 30 DESCRIPTION Audited 2,005 Audited 2,006 Un-Audited 2,007 Business Consulting 8,004,334 21,153,000 22,568,223 Business Technology 609,500 1,130,000 1,539,500 Business training 228,000 834,960 470,500 Other Income 3,801,909 747,000 284,193 TOTAL REVENUE 12,643,743 23,864,960 24,862,416 Net Profit / (Loss) (4,187,969) 3,908,062 2,504,305 Dividend Payable (500,0000) (500,000) Transfer to Reserve 2,074,515 2,004,305 Share Capital 100,000 500,000 500,000 Shareholders funds 26,927,810 47,961,807 50,021,800 EPS - 390k 250k Dividend Per Share - 50k 50k Forecast Offer Statistics (Extract from the Reporting Accountants Report): 2008 2009 2010 2011 Revenue 386,530,000 537,479,000 723,128,200 987,867,035 Profit Before Tax 219,142,100 342,193,830 495,399,434 721,290,866 Profit After Tax 149,016,628 232,691,804 336,871,615 490,477,789 Dividends 59,606,651 93,076,722 168,435,808 245,238,894 Earnings Per Share 51 kobo 80 kobo 116 kobo 169 kobo Dividend per share 21 kobo 32 kobo 58 kobo 85 kobo P/E Ratio 3.79 2.43 1.68 1.15 Dividend yield at offer price 11% 16% 30% 43% BULL POINT: • Projected Price expected to hit N3.04 with the 12 month quotation period. The offer price represents 156% discount to the expected market price after listing. Placement Memorandum can be obtained by clicking here http://www.magnusconsulting-ng.com/PrivatePlacement.htm • High quality Management and Board • Should rank as the first company to gain quotation status in its industry. BEAR POINT: Overdrafts amounting to N5 million but fully secured. 3. MTN Offer summary available in the attached document Offer Opens: December 7, 2007 BULL POINTS: Africa’s and Middle East’s largest telecoms giant and unarguably the most profitable telecommunications Company in Sub-Saharan Africa. Minimum requirement has been reduced from US$ 5 million to US$100 K via the Scheme BEAR POINT: Listing date is unknown NOTE: The minimum investment of $5 million for individual clients is obtainable if 50 clients gather US$100,000.00 each. 4. NIGERIAN BAG MANUAFACTURING COMPANY PLC (BAGCO) IPO of 1,865,000,000 ordinary shares of 50 kobo each @ N3.90 per share. Opened: November 7, 2007. Closes: December 14, 2007. The company is seeking to raise N7 billion through an IPO of 1,865,000,000 ordinary shares of 50 kobo each at N3.90 per share. The company presently is a wholly owned subsidiary of Flour Mills of Nigeria Plc. BULL POINTS: On the financial health of the company, turnover has risen to N11.00 billion in 2007, from N9.9 billion in 2006 and N6.29 billion in 2005. The company is projecting a turnover of N12.45 billion in 2008, N15.45 billion in 2009 and N17.15 billion in 2010. Also, dividend payout for 2008 is pegged at N0.26 billion, N1.07 billion in 2009 and N1.12 billion for 2010. The company is said to be the largest woven polypropylene sack manufacturing company in Africa and the largest single plant in the world, with installed capacity of 200 million sacks per annum. The minimum units that can be bought by an investor is 1000shares and in multiples of 100 thereafter. BEAR POINT: Overdrafts amounting to N8.9 billion with the offer expected to raise N7.3 billion Watch out for an overview on Stocks that could make you rich in 2008! God bless you all!!! |
Re: Stocks That Can Make You Rich In 2007 by Etin(f): 1:02pm On Nov 30, 2007 |
Thanks for the very informative thread. |
Re: Stocks That Can Make You Rich In 2007 by shigidi(m): 1:10pm On Nov 30, 2007 |
this is officially the end of this thread, END OF THIS CHAPTER. PLS CHECK OUT HOT STOCKS THAT CAN MAKE YOU RICH IN 2008. GOODBYE ALL 1 Like |
Re: Stocks That Can Make You Rich In 2007 by hbrednic: 4:24pm On Nov 30, 2007 |
@ayala2002, thanks for the infor,but we need to be hearing from you more often. @shigidi, forget that your goodbye, this thread belongs to ayala2002,not you. 2007 is not finished yet,a lot can happen in NSE in one week. |
Re: Stocks That Can Make You Rich In 2007 by Geees: 11:05pm On Nov 30, 2007 |
@shigidi, forget that your goodbye, this thread belongs to ayala2002,not you. 2007 is not finished yet,a lot can happen in NSE in one week. [quote][/quote] Abi oh, If you want to start that thread please go ahead, folks will join you. Cheers |
Re: Stocks That Can Make You Rich In 2007 by Etin(f): 7:15pm On Dec 02, 2007 |
@ayala2002 Please are you able to give the number of units one would get for investing $100,000.00 in the MTN private placement, and second question how does one participate in it. Thanks |
Re: Stocks That Can Make You Rich In 2007 by hbrednic: 7:50pm On Dec 02, 2007 |
@Etin MTN's pp is ging for $2million,it is only for high networt individuals. unless you want to pull resourses with 19 others to get in.(think of investment club) |
Re: Stocks That Can Make You Rich In 2007 by Etin(f): 11:45pm On Dec 02, 2007 |
hbrednic: @hbrednic, thanks. Thats the plan but I need numbers of units to disscuss with other interested parties. A copy of the ofter would be great |
Re: Stocks That Can Make You Rich In 2007 by rasputinn(m): 8:30am On Dec 06, 2007 |
patazie: Yeah right.You go ahead and come back to the thread with ur verifiable testimony of how much you have made. |
Re: Stocks That Can Make You Rich In 2007 by rasputinn(m): 9:27am On Dec 20, 2007 |
Ho Ho Ho,this is wishing bros Seun and all nairalanders a very merry christmas and a happy bullish new year 2008[i][/i][color=#990000][/color] |
Re: Stocks That Can Make You Rich In 2007 by rasputinn(m): 9:31am On Dec 20, 2007 |
While I wish you all the best of the yuletide season,I implore you to take go through the following security tips if you are in/plan to visit Lagos this season; There will be lots of miscreants on our roads and streets in this period and month of festivity; their sole purpose will be to deprive you of your money and property As such I urge you to take precaution putting @ the forefront your personal safety and that of your property. Please ensure you and your families take the following precaution and any other you may think of; 1. Lock all car doors and windows when driving. 2. Do not leave office at the same time everyday - vary the routine. 3. Use many alternate routes of travel to your destinations, particularly if you leave in down-town Lagos . 4. If your car is lightly hit, either from the rear or from the side, do not stop immediately - it could be a ruse by robbers to get you and snatch your car. 5. Do not stop to render any assistance in an apparent crash or auto accident, even If it looks real. ( Please dial 774 5703; 774 5705; 774 5706; 791-3550; 791-3540 for police assistance) 6. Always keep sufficient fuel level in your car. 7. When driving, be alert to all activities on the road, front and rear. Be well focused. 8. Watch out for someone trailing your car and if you think you are being followed, drive to the nearest Police Station but avoid driving home straight. 9. Avoid giving lifts to unknown persons; you may loose your car or life if you do. 10. Do not expose brief cases, handbags and other valuables on the car seat while driving as this could attract robbers. Robbers may deliberately hit your car to get these valuables ( Please if possible hide bags and valuables under car seat) 11. If your car has a flat tyre, drive on to a SAFE enough area before you change the tyres because armed robbers could in pretext that they are LASTMA officials tow victims' vehicles to an unknown destination. 12. Do not stop if any pedestrian tells you that you have a flat tyre, engine is leaking etc. It could be a device to stop you and attack you.Especially around Abalti barracks,Ojuelegba along Ikorodu rd. 13. Also avoid traffic peak periods and areas with high rate of possible attacks i.e Third Mainland Brigde; Ikoyi, Dolphine, Ketu Alapere 7-Up axis, CMS Bus Stop. Maryland under bridge You-turn. In case of an emergency ( Please dial 774 5703; 774 5705; 774 5706; 791-3550; 791-3540 for police assistance) Season's Greetings of a crime free yuletide [b][/b][tr][/tr][color=#990000][/color] |
Re: Stocks That Can Make You Rich In 2007 by peribiz(m): 6:02pm On Dec 22, 2007 |
Hi All, now you can share all your stocks, commodities, futures, currencies, etc. ideas, expectations and knowledge with other investors at www.pectonline.com BE PART OF THE PECT PROJECT. |
Re: Stocks That Can Make You Rich In 2007 by SavvyLanre: 2:55pm On Mar 07, 2008 |
And, yet be warned - there are some brokers out there to steal your hard-earned money. CASHTHIEVES [url=https://www.nairaland.com/nigeria/topic-118241.0.html#msg2032949[/center]][center]https://www.nairaland.com/nigeria/topic-118241.0.html#msg2032949[/center][/url] |
Re: Stocks That Can Make You Rich In 2007 by pleep(m): 11:07pm On Jul 16, 2011 |
haha you didn't put Ford motor Stock. In 2007 me and my dad bought shares for around $1.08 each I made a whopping 14 times what we put in. He got up to 18X. |
Re: Stocks That Can Make You Rich In 2007 by emxglas: 6:46pm On Oct 17, 2016 |
Do u want to provide help and receive help from other people? Are you interested in online earning? Are you tired of this unfair world? Are u itching to change your life? Join us in this Millionaire Forum where we show you how easy it is to change your life before the end of this year. Click here to join https:///GydQHX62tE67401pPsB4F3 Or call 08054758794, 08096996583 |
Re: Stocks That Can Make You Rich In 2007 by Yoliyoli: 5:07pm On Jan 19, 2018 |
Have you heard about withrills network,its been there since ten years ago ,a very solid investment with 12% interest monthly.if you are very serious for investment,call me on 07039631600,you can browse it |
Re: Stocks That Can Make You Rich In 2007 by emmanuelewumi(m): 5:23pm On Jan 19, 2018 |
aylala2002: Investors who bought your hot stocks must have lost a fortune |
Re: Stocks That Can Make You Rich In 2007 by emmanuelewumi(m): 5:46pm On Jan 19, 2018 |
tyademolu: Investors are now wiser |
Re: Stocks That Can Make You Rich In 2007 by thobbierulz: 1:33pm On Sep 15, 2020 |
To live a Good life especially in this current economic climate, one source of income isn’t going to cut it.
It is important now more than ever to increase your streams of income. One way to achieve this is through income investment. Many of us are engaged or have been engaged in one type of income investment or another while some of us have not. Either way you can share your journey and insight with me while learning one or two things about the opportunities in income investing by taking out a few minutes to fill this survey.
Thank you in advance for your time and good luck with your finances. https://docs.google.com/forms/d/e/1FAIpQLSf2_GPHnp7SQEWu9VFDrPLhx5cGQJ6Z63jTperwsqF-ZMYBIA/viewform |
Re: Stocks That Can Make You Rich In 2007 by obilokechukwu(m): 10:23pm On Oct 11, 2021 |
here i will be sharing my experience online stock market on daily bases, how to trade stock market successfully, how to know a good and bad trend, how to know when a trend start and end of the trends. your job is to look for trend setup that we pay you. trend market is your best friends. follows me on this trends. this are one of my trade on stock market.
|
(1) (2) (3) ... (43) (44) (45) (46) (Reply)
MBA Forex (please I Need Better Explanation) / CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank / MMM: Message From Amaka Who Just Married The Top Guider
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 58 |