Stock Market Tips For Nigerians

this is a delicious comment Ioma. i suppose if he starts sorting it out companies like wapco can produce cement with less overhead costs and be able to sell it more affordably. but thats just my thinking. i guess its easier to just import instead of bothering to produce. short term measures as usual.     

I thought importation was the shortest way around sorting out the cement sector?Artificial scarcity was created.What happened to Ibeto Cement?Obasanjo took their licence away.And ofcourse Nkalagu Cement is dead!

Someone please provide today's prices, so I can head out to my day job o!

http://www.meristem.com.ng/pricelist.php

Not sure if you remember the port congestion in the '70s. Importation is not an easy solution.

Don't know where people get stories about artificial scarcity from. Ibeto is now allowed to import. He vowed to crash the price. You know what, the price being moving upward since then. People talk of monopoly. Check out the number of companies involved in the cement business!!!

Problem with us is that we do not think deep. Cement is an energy demanding sector. With the current crude oil price, scarcity of LPFO, vandalisation of gas pipelines, energy cost is eating deep into the profits of those companies. It  affected WAPCo, it is affecting Flour Mills, it will affect Dangote etc.

One other problem is the transporation cost. With the deplorable state of our infrastructure, it will cost a fortune to move cement from the ports to the end user.

No short cut here. We need to FIX the problem.

Unable to fathom what people saw in that stock!!! Well, some people will make their money though.

Saw someone willing to Sell Universal at 4.00 and Goldlink @ 3.50. A broker actually promised to give his clients who has return money from the Universal PP same shares @ 2.50!!!!!

Ak topgun

Cheerio!
been watching u closely and im very impresed with your verstality in stocks.
could u kindly recomend some CICO stocks for me. make i use my dangote returned money do am.
of course  i understand your caveat emptresses! laf
kindly reply or send to contactuzor@yahoo.com
most grateful ,

E gba mi. Which one be watching closely     

well if u have been one of the silent readers u would have noticed that i don't do CICO but from some posts put up here, presco, rtbriscoe and ikeja hotel come to mind.

Caveat empty well well o!     

vitafoam is doing me good,na sleep i go dey sleep inside untill we reach kafanchan.
sorry CICO guys too late to enter now.

AKTOPGUN, oya I mandate you to go on a 30mins break from Nairaland, go and give Mrs a backrub or something, otherwise they will continue watching o .

Where is the price list for today o?!

@Tiwantiwa sorry jare, I no wan fari lehin olori, I forgot to put Caveat Empty abi wetin call

Even if it is the last 20 pages you read, you will get good answers!

There is a guy who has been asking about AFRO OIL since whether to sell now, can't trace him again. Based on the candles (excl today's prices), it suggest the bear run i.e. downward trend is not over yet. CAVEAT EMPTY, EMPTRESS, EMPTOR, ETC.

The Decision is yours, are you long term or short term, do you believe the company has potential or you bought it at a whim, did you buy with borrowed money e.t.c?

 I think the guy will need more than 30 mins if he's to do a proper job o! No be the one wey he go dey do back rub they take one eye scan nairaland

How long before Dangote Flour catches up with Dangote sugar?. In terms of fundanmentals the two companies couldnt have been more different and yet their prices will converge at some point Na wa o! I have to keep reminding myself this is NSE and the volumes are getting reasonable at least there were 100 deals today so we now know that at least 100 peeps have got their pali

The Dangote Flour price go still find im level. Just let the certificate be out!!! na those wey dey BUY now I pity. Even @ 15.00, me no fit BUY the offer. Dangote Sugar however is looking attractive. I expect it to take another leap soon.

For those that do not mind buying any type of Stock, John Holt is available to be picked. So place order fast.

Chellarams don cross 30.00 so make I go get Turkey for thanksgiving

Who dey buy Universal Insurance? na wa for my people OOO. Go dey expect the free fall of that one!

That's right but we are not talking free-fall here not by a long shot. I expect a  dip for a few weeks when the certs are out for peeps to take profits when the dust don settle i expect a stabilization at a very attractive price-level not sure what is yet.

Funny enough i was actually watching John Holt when it was N3 i think a couple of months ago. My Old man used  to be a manager in John Holt in those days so i was just curious to see who are the peeps buying the stock. I think its about N10 now.

Hmnnnnnn

Remember some people bought DSR at 56.00 before it now settles @ 33.00 before moving to the 40.00 range. water must always find its level.

As per John Holt, very useless company. When C Eze was the chairman they were just accummulating losses every year. made money from them capitalising on their swings. Sold but got to the registrar and was told that I still ahve some bumper holdings there. I think the registrar is wrong but asked my broker to investigate.

loma thanks, Aktopgun  a million thanks too,
as
of course i guess im a silent reader,
but arent some of them late entries, to use your terminology, "never jump on a moving train?"
ikeja hotel,cappa for instance,wont it be too late by say wed/thurs this week??

awaiting your responses ASAP, madams backrub should wait for a while please, 
laf,

@tiwantiwa, I don't look at any chart but me know that it is a candidate for the 10% that poeple here like!

Not my kind of stock though