Stock Market Tips For Nigerians

eternaoil

first aluminium

can't attach  the prospectus it says it is too large. Also heard the bulk bidding is over but not sure if it is true.

I think you should try tomorrow again,don't wait to see the candle.If it falls tomorrow, you will see it as a sign to go in on Thursday.And that will be the same Thursday everybody will want to go in. Then by 3pm on Thursday, i will see your post that your broker missed Eterna again like he missed TripleG the other day. You're already in a safe zone.You can't go wrong in a safe zone(Just wait).Can you see Glaxo last Wed,Thurs & Friday.If you try and buy tomorrow and it falls, you broker would probably get it and at a cheaper price at that.I'm in some Glaxo profit and will bail out as soon as my money don correct.
Meanwhile another stock may start to reappear this week friday.

FINANCIAL RESULTS
Oceanic Bank Plc Unaudited Half Year Results For The Period Ended 31st March 2008

                                                2008                        2007                        % Change

Gross Earning                      66.472b                   29.472b                   125.54     

PBT                                       25.063b                   9.973                       151.00

Taxation                               (4.762b)                  (1.695b)

PAT                                       20.301                     8.278b                     145.20



What do gurus in the house think of this result?

unitybank - needs green candles

Hi all! babifaze in da house direct from uk. Omigod this place is more than institution ke with all the ligua like CICO,RORO,MARABUSO, EMPTY/EMPTORs etc. I spent some time to read through the previous pages but i just to stop before firefighters come knocking on my door to quench the fire burning in my brain. Naija omos na only una dey here abi the whole world represent?

chei i don miss 2 much.

I thank all of una wey dey here o I wish our leaders will learn to watch each other's back as you guys does to fellow brothers and sister here, naija for 2 good o. anyway we have to start inviting them to this forum to learn what love is.

Abeg Flourmill and FBN to buy what's your stake.

hey u naija i dey yankee i just want to know wheter  zenth a\bank don't dey send their share certificate

Babifaze, make I talk from wetin I don learn from d gurus. Both a fantastic for long term if you are in for the long haul.

I've been checking this thread daily to see who's back and who's running late coming home. It's nice to see most of the family members back from their short vacation. Home is where the heart is. Thank God for preserving your going out nd your coming home . I'm a silent reader, learning greatly from the gurus. Missed ya all when you left. It was a heartbreak. Welcome!

Zenith Bank's offer records 496 per cent subscription

THE Securities and Exchange Commission (SEC) yesterday released the allotment result of the recently concluded hybrid offering of Zenith Bank Plc, which shows a 495.9 per cent subscription, despite the non-extension of the offering.

An analysis of the result released by SEC yesterday indicated that the bank received a total of 328,765 applications for 8.7 billion ordinary shares over the 1.763 billion ordinary shares offered at N38.90 per share.

The rights issue also recorded a subscription level of 101 per cent, as 48,285 subscribers applied for additional 316.2 trillion ordinary shares while 299.6 million units were allotted.

Competent sources within Zenith Capital said based on the clearance by SEC, cheques for surplus monies and rejected applications would be dispatched to applicants not later than Friday April 11, 2008, adding that arrangements have been concluded to dispatch share certificates to successful allottees not later than April 25, 2008.

The bank had on December 6, 2007 retained to raise funds through a public offering of 1.763 billion ordinary shares of 50 kobo each at N38.90 per share and a right issue of 1.655 ordinary shares at N36.90 per share. It closed on schedule, without extension, on January 17, 2008.

Market watchers attributed the bank's performance at the market to the level of investors' confidence and a track record of good return on investment, which the bank's shareholders have enjoyed over the years.

The bank's IPO in 2004 had recorded a 524 per cent subscription level, and investors have enjoyed good returns on investment since the bank was first listed on the floor of the Nigerian Stock Exchange in 2004.

The bank's stock has maintained a steady appreciation from its initial listing price of N10.90 reaching an all-time high N68.97 in August 2007, representing over 532.72 per cent appreciation.

Nigerian Stock Exchange management last year adjudged the bank as the quoted company of the year, which market watchers attributed to its consistent impressive performance indices.

--------Bull time for Zenith

[/size]AKTOPGUN! AKTOPGUN!! AKTOPGUN!!![size=8pt]
na God i take beg you o!
ligth your candle on niwicable
biko

Bank PHB Declare Result

http://www.proshareng.com/myproshare/portal_news.php?id=3922


Any positive news yet?

Let me stand in for my Oga on this (though he will score my work o)

Niwicable

Chei my eyes o! Green turning red! Yes lower opening and higher closing below the day's high. Today will help us more on this.

I talk am say my Ogas are coming. Up Upward

@debenzd thank you weli weli o.