Stock Market Tips For Nigerians

@savvylanre, kinda of deja va

would leave it a that 

Make una leave tmoni, if he makes 10 trillion dats is his problem. Maybe he is onli trying to encourage piple on the benefits of investing but make the guy no overblow am. Maybe he has access to loan facilitiy or maybe he is fronting for Dangotes and Obj's or even Otedola

Maybe we should ask the guy which kain work im dey do.

By the Way what is the meaning of [size=8pt][16/size]TMONI

@allcorrect
Whats the beef about ,bros?

Please give the stock a break. We need to ignore the noise at times. Mind you the market for stock is a competeitive one and attention may have been drawn from the performance of intercontinental by other good stocks. In fact if you had not drawn my attention to it my main focus was how to get money to put in Oceanic before it his N30.

if u want to know about go amiyin investment
 www.specialpresentation.blogspot.com

my guy, i am a student ooooooo,

i dey read book and go school and just go lucky ,

i want to go with HITCH'S (savvylanre) question, wheres cheexy and windy,

miss their posts

@ easimoni
Its too early to say the market is disappointed. But I feel you. we operate on the bsame wave lenght. Bonus is almost irrelevant to me. Its  only the naija penchant for it that makes me factor it into any decision that I take,

@tmoni
I am even praying for intercontinental to fall so that I can buy more

Mutual Benefits Assurance Financial Report for year ended 31st December 2006. See attached document

Nairalanders,I wish to start investing in stocks by setting aside #5000.00 out my peanut monthly.I need advice  and probably the address of any reliable stockbroker who would not mind my small investment.Thanks

@tmoni
Men u must b a big boy student with all dat dough. Well no beefs at all. Like your style. At least your name is not tif moni, just too much money.

So Intercontinental is onli giving a final div of 35k, well no wahala, but with the 5 forign investors dat price isnt coming down, the price might come a little lower cos as there is no bonus trust nigerians they will sell, but this bro is buying big time. 

@savvylane
The trend in this country even after bonus are given, after the adjustment the prce tends to start rising especially if it is limited in supply. So Nigeria is a different planet.

Trying to see if zenith will hit N60-65, sell it and wait for Dangote flour.

Thanks Guys - As i only started investing in Nigeria.
I was clueless - seeing the good result, and then the drop,
I drawed a quick PE, and by my calculation based on Yesterday closing price of N27.55, the PE=19.
Using PE alone for analysis, that bank is currently below the banking sector average which fluctuates around the 25 mark.

I think there is room for it to grow to at least N34 within the next 3months.

BTW - can you guys let me know how the bonus issue affects the trading behaviour in naija; and how one can factor it into decisions,  My current biggest stake is in Zenith (1/3 of my current portfolio, if it rises to N60 then it would be 2/5).  I need to know how to take good decision, in the event they do not declare a bonus issue.

@allcorect sir,

i no be big boy ooo,
see me as your nigga, your hyperthe nigga ,

has anybody recieved their oceanic bank certificates?,

Do anyone in the house have information (not merely a wish)  which indicates whether ZENITH BANK will or will not give bonus come their year end in June. There is divided opinion on this issue among members on the  www.stockmarketnigeria.com site.

No one knows if bonus will be given at year end. If you know, it's called insider knowledge and it's illegal. Loose tongues often leak rumors about such and sometimes they turn out to be true. Buy a good stock, bonus or no bonus. as a matter of fact, I always pray that my stocks don't pay a bonus.

@cheexy
Thanks.I am more than grateful for your response.I shall go to Trustyields on Monday to see what they have in store for me.