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EKWA (m)
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blueband.csl brokers essex london phone number 0208 876 7575,
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travellout (m)
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Please, where can I get the form of Partnership Investment Co. Ltd for subscription?
Will they be listed on the Stock market after private placement?
Thank you for your urgent reply.
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wanaj0
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Please is Universal Insurance the same thing as Univinsure?If yes when did u buy at 0.95K because the price i saw is 3.25.Is it okay to buy the Univinsure and Hmarkins (which i know nothing about).I am just after my pocket to do CICO and they are not for keeps.
@Gurus
Please advice because these are the cheapest Insurance available so far apart from ACENINS which i can see is not available.
Cheapest as per what? I think ACEN INS was acquired by another insurance company |
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crazyT (m)
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Please, where can I get the form of Partnership Investment Co. Ltd for subscription?
Will they be listed on the Stock market after private placement?
Thank you for your urgent reply.
My broker will mail me the form today and I’ll place it here tonight or latest tomorrow. She said they are very positive that they will be listed this year, especially with so much money in the market and the private placement is so little 1.5 billion ordinary shares and in my own opinion the price seems cheap too (offer price of N2 per share) I expect oversubscription on this one sha! |
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crazyT (m)
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I stopped reading when I got to the bolded portions!!! Too many errors to even bother
Those are typography and explanatory errors now  , I have a cordially relationship with my broker so much that I don't take note of her mistakes, because most of her mails are always informal. But I’ll take note and scrutinize the prospectus when I get it today. |
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travellout (m)
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CrazyT, thank you for your quick response on my enquiries on Partnership Investment Co Ltd. Kindly post the form as soon as possible together with the prospectus for quick decision. Can i invest through your broker? if so can u contact the broker for me.
Best Regards.
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blueband (m)
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I trade with 2 brokers in Nigeria.I am moving my money out of cashcraft due to poor service.Even at that it is taking them almost 2 weeks to transfer money into my account after selling my stocks.Idle money no be your money for this stock market.Just looking at opening with another broker and I thought to give CSL a try.Are they good?
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ngegy
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can someone please.please = please^2 post the DAAR COMM IPO form on this forum? its nowhere to be found on the web.
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samstone4 (m)
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@ Blueband I used to be with CSL about 8 years ago. I had a very keen accounts officer but when she was promoted away from that post they started to neglect my emails. I was forced to move from there. I got the impression my portfolio was too smal fry for them at the time. My advise is to use a broker you have some connection with. CSl may be very good in terms of acess to new issues and PP. As for safety of your money, I can recommend FSDH. Samstone4  |
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mastermove
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can anyone please give me their opinion on IBTC as a broker--thanx
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RoughCut (m)
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This should be interesting to crusader's bottomline: its from Nigeriansecuritites.com
The new drive by insurance companies to expand their sources of revenue to cope with challenges of meeting the needs of their teeming shareholders, no doubt, is helping these firms explore untapped opportunities in the financial services market.
[b]Crusader Insurance Plc which already has investment in life and non- life arrears of insurance, pension and real estate states that it will before the end of the year conclude acquisition of two investment banking outfits.
As it happens Crusader is on TS |
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NoMoney
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The volumes of Crusader traded today makes one to wonder since it is in technical suspension. Out of curiosity which insurance stock has the least PE ratio?
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NoMoney
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The volumes of Crusader traded today makes one to wonder since it is in technical suspension. Out of curiosity which insurance stock has the least PE ratio?
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grabdbull
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WindyWendy,
Thanks for the CICO tips for the week. God bless and strengthen you in abundance.
AKTopgun, Roughcut,
Una do well. I go take una hint this week see wetin go happen in 2 weeks.
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blueband (m)
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When is Deap Capital coming out with their PO?
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grabdbull
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AKTopgun,
Kindly illuminate GTBank with your candle. My Stockbroker say na short-term. Is this true?
WindyWendy,
Them say access sef dey underpriced and na short-term stock. How far?
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aktopgun (m)
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As it happens Crusader is on TS
trust me i know that one now. its because of the money to buy these companies amongst other reasons, that they are doing the P.O abi no be so? i watch out for any news on them. |
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Rhemagirl
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is Universal Insurance the same thing as Univinsure - YES IT IS
when did u buy at 0.95K - he bought during the private placement
Is it okay to buy the Univinsure and Hmarkins (which i know nothing about). - it's your call, they are both newly listed insurance stocks and chances are high you might not be able to get them unless u have a superman broker
Thanks very much for your advice, i will tell my stockbrokers to chase the shares. |
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aktopgun (m)
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omo i tire for this NSE o! crusader that is on TS is 4th most traded stock today. it didnt even get anywhere near that when it was open for business. makes me think some people know something or is it just a case of hoping the price rises post TS? hmmmm  . either way, i gethand luggage for this one Universal insurance is highest traded for 2nd straight day. with 16b shares listed? what is it with the company that is pushing these high volumes? its definitely not profit because they haven't even had time to perform yet let alone have a track record that can be analysed. i only hope fellas on here are the ones doing the selling and not the buying sha. come to think of it, i guess it may fit the risk profile of some people( or at least that will be the excuse for buying innit ) |
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mastermove
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can anyone please give me their opinion on IBTC as a broker--thanx
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aktopgun (m)
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@GRABDBULL You u just do abracadabra disappear abi. how u dey bruvs? hope all is well with u and urs. here's what i think on gtb, i don't own any YET sha . watching closely though  |
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RoughCut (m)
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omo i tire for this NSE o! crusader that is on TS is 4th most traded stock today. it didnt even get anywhere near that when it was open for business. makes me think some people know something or is it just a case of hoping the price rises post TS? hmmmm . either way, i gethand luggage for this one Universal insurance is highest traded for 2nd straight day. with 16b shares listed? what is it with the company that is pushing these high volumes? its definitely not profit because they haven't even had time to perform yet let alone have a track record that can be analysed. The question is who are those buying? For starters Universal insurance will have to do a share reconstruction and/or IPO as soon as possible so it is in their own interest to bid up the price beforehand and it looks like someone or some peeps are doing just that NSE we hail thee! |
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walcolm (m)
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can anyone please give me their opinion on IBTC as a broker--thanx
as a firm, they are efficient in dealing with your buy n sell orders. you can think of them as a buy/sell machine and you need 10 million naira opening balance for them to look at you. i expect that shld not be a problem if you are deep pocketed. i personally consider their services a bit impersonal but that's my opinion |
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Mr. Risky
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NSE we hail thee!
Me self I am afraiding  |
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mastermove
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thank you very much Walcolm has any one else had dealings with them
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Mr. Risky
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as a firm, they are efficient in dealing with your buy n sell orders. you can think of them as a buy/sell machine and you need 10 million naira opening balance for them to look at you. i expect that shld not be a problem if you are deep pocketed.
i personally consider their services a bit impersonal but that's my opinion
Like Wanajo would say, there are brokers and there are brokers! Of all my brokers, 3 have successfully succeeded in BREAKING ME ALMOST TO PIECES. But I have my thumbs for MBC Securities; they are award winner any day any time. SERVICE DELIVERY - EXCELLENT. Account opening may be a little problem for low brower investors: just N5m, thereafter you have good stories to tell. This has been my personal experience though. The three other yeyerest ones are: Mainland Trust Ltd (Don't trust their services), City-code (better pass for village-code), Profund securities (they are BEST in making mistakes or forgetting your mandate, blah, blah). Very soon, all those brokers that would not improve their services will have their names printed in bold here every week. Many have sent unwary to see AKTOPGUN - don't think any young guy needs to rely on antidepressant these days for stock investment |
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mastermove
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You see what I find amazing about IBTC that has such a high entry level is that a lot of people talk about their efficiency but when it comes to customer relations they score 0.I can only conclude that even with 10M one won`t be a big player to them so they will not send
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donilors
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@All
just got this from proshare
FCMB PLC UNAUDITED Q3 RESULT FOR THE PERIOD ENDED 31 JANUARY 2008
2007 2006 CHANGE % CHANGE
N'b N'b N'b %
GROSS EARNINGS
35.861 17.543 18.318 104.42
PBT
11.244 4.431 6.813 153.76
TAXATION
2.248 -0.886 -1.362 -153.72
PAT
8.995 3.545 5.450 153.74
SHORT TERM MED/LONG TERM
CURRENT PRICE
19.88 19.88
PROJECTED PRICE
24.21 28.25
CAP. APPRN (FORECAST)
4.33 8.37
CAP. APPRN (FORECAST) %
21.78% 42.10%
RECOMMENDATION
BUY BUY
Source: ZSL
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Naijadr (f)
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For Costain folks, awon RoughCut & co, it appears that we've hit a stand still there, notice some resistance, exhausted buyers, very low vol being traded now. Folks appear to be holding on now, maybe waiting for the trigger towards release of FY results. I don't see much rapid advancement, might not hit N50 till maybe mid March, we prob bounce around the N45-48 mark for at least the next week or 2 even.
Anyone else notice Nig-German today, it finally broke past N28 again today ending at N28.66, it hasnt done that since early Jan, very small vol but the RSI looks just right, and I see it inching gradually, it might hit the all high N30 mark by Thursday. This company appears to move in spurts of every 3mths or so.
Dunlop is on the rise due to its low nominal price. thankfully I sold CILeasing after a 52% gain in 6 weeks and hoped on its train, I bought a very small quantity last week (at N5), and have gained about 9% after fees already, closed at N5.66 today. It looks poised to reach N6 by Friday as there doesnt appear to be a shortage of buyers. Today had the most # of buyers since the run 1st week of Feb. Short termers should prob try to get out before it gets to N8 because those who bought end of Jan at around N4 or below will def be cashing out.
All my opinion, and yes I have all 3.
As expected, COSTAIN drops to N43.95, due to profit taking NIG-German did as expected, has crossed the N30 mark, breaking its previous highest, ending at N30.09 Dunlop continues its rise, closing today at N5.79, looking to reach that N6 by Friday So all 3 went as expected As crazy as the NSE is, I think I'm finally learning small small from here how to predict and speculate, thanks guys fundamentalists and TAists!  |
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wanaj0
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The question is who are those buying? For starters Universal insurance will have to do a share reconstruction and/or IPO as soon as possible so it is in their own interest to bid up the price beforehand and it looks like someone or some peeps are doing just that
NSE we hail thee!
Not sure anyone is buying!!! Some brokers warehouse the shares and sold at a premium to their clients. So right now, those shares are being crossed to those clients. That's why those charts get it wrong sometimes in Nigeria. They already assume a perfect market which is a NO NO!!! the kind underhand deals that we do is serious!!! It is more like the more you look the less you see!!! |
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