Stock Market Tips For Nigerians

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Author Topic: Stock Market Tips For Nigerians  (Read 500414 views)
stocknrock
Re: Stock Market Tips For Nigerians
« #23552 on: April 10, 2008, 11:26 AM »

PLEASE PLEASE AND PLEASE

I NEED THE DAILY PRICELIST IN SPREADSHEET FORM, CAN ANYONE HELP ME OUT WIV THAT?
Man Jiro (m)
Re: Stock Market Tips For Nigerians
« #23553 on: April 10, 2008, 11:33 AM »

Check the thread on Aptistock created by Easimoni
hispy99 (m)
Re: Stock Market Tips For Nigerians
« #23554 on: April 10, 2008, 12:01 PM »

Quote from: wanaj0 on April 10, 2008, 09:57 AM
But SEC should also be penalised!!! They cleared the offer document. Do they just rubber stamp? If cadbury did not make the anouncement itself, what would SEC have done??

BTW, those fines are damn ridiculous!!!!

Yes the fines were ridiculous, but I do not see how the SEC is culpable for clearing the offer document.  Except they send their own team of accountants to go through the books of every company that submits an offer application for clearance, they have to rely on the work that the issuing house/accountants have done.  The SEC's approval is based on documents before it and if on the face of it, those documents and the numbers contained therein look ok, then I cannot hold the SEC culpable.
FatherOF2
Re: Stock Market Tips For Nigerians
« #23555 on: April 10, 2008, 01:41 PM »

Hmmm, as expected NBC has been very cheap and i think they've just done something good.

@ dbenzd , that na money for us oh. It just falls within the 0-3months waiting bracket.
jazmil
Re: Stock Market Tips For Nigerians
« #23556 on: April 10, 2008, 01:44 PM »

@ ybn : I have Fidelity's but I don't have the others.

Fidelity Bank Plc's Allotment Schedule[1].pdf
* Fidelity Bank Plc's Allotment Schedule[1].pdf (21.43 KB - downloaded )
hispy99 (m)
Re: Stock Market Tips For Nigerians
« #23557 on: April 10, 2008, 01:56 PM »

Quote from: FatherOF2 on April 10, 2008, 01:41 PM
Hmmm, as expected NBC has been very cheap and i think they've just done something good.

@ dbenzd , that na money for us oh. It just falls within the 0-3months waiting bracket.

FoF2,

Please explain o, I also have some KGs in NBC but i do not think this result was spectacular o, it was in line with expectations as far as I am concerned.

FatherOF2
Re: Stock Market Tips For Nigerians
« #23558 on: April 10, 2008, 02:17 PM »

Quote from: hispy99 on April 10, 2008, 01:56 PM
FoF2,

Please explain o, I also have some KGs in NBC but i do not think this result was spectacular o, it was in line with expectations as far as I am concerned.



Do you have the result, paste am make we see. Someone called me from V/I now.
I know it will be in line with expectations,NBC will clearly be on the right track now. But i'm looking at the price from a technical view point.
All goodnews have sent prices southwards. This price is already in the south, i don't know anywhere souther than south.
Mr. Risky
Re: Stock Market Tips For Nigerians
« #23559 on: April 10, 2008, 02:26 PM »

NIGERIAN BOTTLING COMPANY PLC
FULL YEAR ACCOUNTS FOR THE YEAR ENDED DEC 31ST 2007
                        2007        2006
TURNOVER                N68.529b    N59.674b
PROFIT BEFORE TAXATION  N4.346b     N614.489m
PROFIT AFTER TAXATION   N3.172b     N1.051b
PROFIT AFTER TAXATION AND
MINORITY INTEREST       N3.166b     N1.042m
PROPOSED DIVIDEND 75K
CLOSURE OF REGISTER MAY 12TH TO 16TH 2008
PAYMENT DATE JUNE 2, 2008
NOTE: AGM EKO HOTEL & SUITES ADETOKUNBO
ADEMOLA STREET VICTORIA ISLAND LAGOS
ON FRIDAY MAY 30, 2008 AT 11 A.M
pumping777 (m)
Re: Stock Market Tips For Nigerians
« #23560 on: April 10, 2008, 02:28 PM »

Quote from: FatherOF2 on April 10, 2008, 02:17 PM
Do you have the result, paste am make we see. Someone called me from V/I now.
I know it will be in line with expectations,NBC will clearly be on the right track now. But i'm looking at the price from a technical view point.
All goodnews have sent prices southwards. This price is already in the south, i don't know anywhere souther than south.

I think this is a spectacular result.
-------
NIGERIAN BOTTLING COMPANY PLC
FULL YEAR ACCOUNTS FOR THE YEAR ENDED DEC 31ST 2007
                        2007        2006
TURNOVER                N68.529b    N59.674b
PROFIT BEFORE TAXATION  N4.346b     N614.489m
PROFIT AFTER TAXATION   N3.172b     N1.051b
PROFIT AFTER TAXATION AND
MINORITY INTEREST       N3.166b     N1.042m
PROPOSED DIVIDEND 75K
CLOSURE OF REGISTER MAY 12TH TO 16TH 2008
PAYMENT DATE JUNE 2, 2008
NOTE: AGM EKO HOTEL & SUITES ADETOKUNBO
ADEMOLA STREET VICTORIA ISLAND LAGOS
ON FRIDAY MAY 30, 2008 AT 11 A.M
-----------

NBC definitely beat expectations. From N1.68B Q-3 to N3.17B Q-4.  It doesn't get any better. NBC made N1.7B in Q-2 so technically, it recorded a loss of around N0.02B in Q-3 and now this mega profit. This is a turnaround within a turnaround.

hispy99 (m)
Re: Stock Market Tips For Nigerians
« #23561 on: April 10, 2008, 02:38 PM »

Quote from: pumping777 on April 10, 2008, 02:28 PM
I think this is a spectacular result.
-------
NIGERIAN BOTTLING COMPANY PLC
FULL YEAR ACCOUNTS FOR THE YEAR ENDED DEC 31ST 2007
                        2007        2006
TURNOVER                N68.529b    N59.674b
PROFIT BEFORE TAXATION  N4.346b     N614.489m
PROFIT AFTER TAXATION   N3.172b     N1.051b
PROFIT AFTER TAXATION AND
MINORITY INTEREST       N3.166b     N1.042m
PROPOSED DIVIDEND 75K
CLOSURE OF REGISTER MAY 12TH TO 16TH 2008
PAYMENT DATE JUNE 2, 2008
NOTE: AGM EKO HOTEL & SUITES ADETOKUNBO
ADEMOLA STREET VICTORIA ISLAND LAGOS
ON FRIDAY MAY 30, 2008 AT 11 A.M
-----------

NBC definitely beat expectations. From N1.68B Q-3 to N3.17B Q-4.  It doesn't get any better. NBC made N1.7B in Q-2 so technically, it recorded a loss of around N0.02B in Q-3 and now this mega profit. This is a turnaround within a turnaround.



Pumping, I think you have it mixed up o, the N1.68B was for Q2, not Q3, check your numbers again.

Just looking at my spreadsheet now, and i don't have results for Q3, did they release one?
FatherOF2
Re: Stock Market Tips For Nigerians
« #23562 on: April 10, 2008, 02:43 PM »

Quote from: pumping777 on April 10, 2008, 02:28 PM
I think this is a spectacular result.
-------
NIGERIAN BOTTLING COMPANY PLC
FULL YEAR ACCOUNTS FOR THE YEAR ENDED DEC 31ST 2007
                        2007        2006
TURNOVER                N68.529b    N59.674b
PROFIT BEFORE TAXATION  N4.346b     N614.489m
PROFIT AFTER TAXATION   N3.172b     N1.051b
PROFIT AFTER TAXATION AND
MINORITY INTEREST       N3.166b     N1.042m
PROPOSED DIVIDEND 75K
CLOSURE OF REGISTER MAY 12TH TO 16TH 2008
PAYMENT DATE JUNE 2, 2008
NOTE: AGM EKO HOTEL & SUITES ADETOKUNBO
ADEMOLA STREET VICTORIA ISLAND LAGOS
ON FRIDAY MAY 30, 2008 AT 11 A.M
-----------

NBC definitely beat expectations. From N1.68B Q-3 to N3.17B Q-4.  It doesn't get any better. NBC made N1.7B in Q-2 so technically, it recorded a loss of around N0.02B in Q-3 and now this mega profit. This is a turnaround within a turnaround.



Make i phone V/I back tell am wetin my eye dey see so.

  IS THAT NOT, 300 plus % my calculator just did so.

 There is no were souther than the current southern price position. If dey don't give me my 25% minimum, then that place needs to get its head checked.
Since the result came out today, that will be 30% (including tomorrow friday 5%).

@ Hispy99

   What matters is that they did better than the previous year massively.
 My broker yabbed me i too like NBC wen i was buying this stock in jan.
 
pumping777 (m)
Re: Stock Market Tips For Nigerians
« #23563 on: April 10, 2008, 02:49 PM »

Skye Bank (2nd Quarter)      6 Months
                  Gross Earnings (N'000)   PBT (N'000)   Tax (N'000)   PAT (N'000)
31-Mar-08   27,600,000   9,570,000   (1,910,000)     7,660,000
31-Mar-07   17,200,000   2,500,000   (751,000)     1,750,000
% Change   60.47       282.80                                   337.71
----------------
Wow!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Chei finally!!!!!!!!!

This is the real record breaker!!!! With PO shares and provision for 25% oversubscription, the forward PE of Skye is around 13.8x!!!!

Thank God say I dey this one   Grin



pumping777 (m)
Re: Stock Market Tips For Nigerians
« #23564 on: April 10, 2008, 02:51 PM »

Quote from: hispy99 on April 10, 2008, 02:38 PM
Pumping, I think you have it mixed up o, the N1.68B was for Q2, not Q3, check your numbers again.

Just looking at my spreadsheet now, and i don't have results for Q3, did they release one?

I've checked again and yes, they released Q3.

Q-2 was released on 7th September and Q-3 on 13th December.

I have them in spreadsheet format so I can't paste them here.
hispy99 (m)
Re: Stock Market Tips For Nigerians
« #23565 on: April 10, 2008, 02:55 PM »

Quote from: pumping777 on April 10, 2008, 02:51 PM
I've checked again and yes, they released Q3.

Q-2 was released on 7th September and Q-3 on 13th December.

I have them in spreadsheet format so I can't paste them here.

ok, if that is the case, then it's a spectacular result, let me go and calculate my upcoming loot  Cheesy
pumping777 (m)
Re: Stock Market Tips For Nigerians
« #23566 on: April 10, 2008, 02:57 PM »

Quote from: hispy99 on April 10, 2008, 02:38 PM
Pumping, I think you have it mixed up o, the N1.68B was for Q2, not Q3, check your numbers again.

Just looking at my spreadsheet now, and i don't have results for Q3, did they release one?

Ok, now I have them in another format.

   NIGERIAN BOTTLING COMPANY PLC            
   UNAUDITED Q-3 RESULTS FOR THE PERIOD ENDED SEPTEMBER 30, 2007            
   PERIOD   2007   2006   ABSOLUTE CHANGE   %CHANGE
   TURNOVER (N'b)   48.69   42.72   5.97   14.0%
   PBT (N'b)   1.97   -0.87   2.84   326.0%
   TAXATION (N'b)   0.29   0.69   -0.40   -57.3%
   PAT (N'b)   1.68   -0.18   1.86   1016.4%
   * Means Decrease & * Means Increase            
   Net Profit Margin   3.44%   0.43%   
---------------------


NBC PLC            
UNAUDITED Q-2 RESULTS FOR THE PERIOD ENDED JUNE 30, 2007            
PERIOD   2007   2006   ABSOLUTE CHANGE   %CHANGE
TURNOVER (N'b)   34.10   30.30   3.80   12.5%
PBT (N'm)   2.00   0.24   1.76   733.3%
TAXATION (N'm)   332.00   266.00   66.00   24.8%
PAT (N'm)   1.68   0.51   1.17   232.0%

Net Margin   4.9%   1.7%      3.24%
   
---------------------
FatherOF2
Re: Stock Market Tips For Nigerians
« #23567 on: April 10, 2008, 02:59 PM »

Quote from: pumping777 on April 10, 2008, 02:49 PM
Skye Bank (2nd Quarter) 6 Months
 Gross Earnings (N'000) PBT (N'000) Tax (N'000) PAT (N'000)
31-Mar-08 27,600,000 9,570,000 (1,910,000) 7,660,000
 31-Mar-07 17,200,000 2,500,000 (751,000) 1,750,000
% Change 60.47 282.80 337.71
----------------
Wow!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Chei finally!!!!!!!!!1

This is the real record breaker!!!! With PO shares and provision for 25% oversubscription, the forward PE of Skye is around 13.8x!!!!

Thank God say I dey this one Grin
 
 
 



NoNoNoNoNoNoNoNoNoNoNOn,  why is skye bank messing up like this now. They should have waited for their price to fall till the next two weeks make we enter before dishing out this SALAD now. But i fear how far it can go at current price level sha.It has to make itself PROPERLY available.
Because everybody dey release, dem no let the ink dry for the paper wen dem take print result.
hispy99 (m)
Re: Stock Market Tips For Nigerians
« #23568 on: April 10, 2008, 03:02 PM »

Quote from: pumping777 on April 10, 2008, 02:57 PM
Ok, now I have them in another format.

   NIGERIAN BOTTLING COMPANY PLC            
   UNAUDITED Q-3 RESULTS FOR THE PERIOD ENDED SEPTEMBER 30, 2007            
   PERIOD   2007   2006   ABSOLUTE CHANGE   %CHANGE
   TURNOVER (N'b)   48.69   42.72   5.97   14.0%
   PBT (N'b)   1.97   -0.87   2.84   326.0%
   TAXATION (N'b)   0.29   0.69   -0.40   -57.3%
   PAT (N'b)   1.68   -0.18   1.86   1016.4%
   * Means Decrease & * Means Increase            
   Net Profit Margin   3.44%   0.43%   
---------------------


NBC PLC            
UNAUDITED Q-2 RESULTS FOR THE PERIOD ENDED JUNE 30, 2007            
PERIOD   2007   2006   ABSOLUTE CHANGE   %CHANGE
TURNOVER (N'b)   34.10   30.30   3.80   12.5%
PBT (N'm)   2.00   0.24   1.76   733.3%
TAXATION (N'm)   332.00   266.00   66.00   24.8%
PAT (N'm)   1.68   0.51   1.17   232.0%

Net Margin   4.9%   1.7%      3.24%
   
---------------------


This means BetaGlass will most likely have a spectacular Q4 result too
pumping777 (m)
Re: Stock Market Tips For Nigerians
« #23569 on: April 10, 2008, 03:04 PM »

Quote from: hispy99 on April 10, 2008, 03:02 PM
This means BetaGlass will most likely have a spectacular Q4 result too

I hope so o!! I have lik 30% of my portfolio locked in that one. Some cicoers don worry the stock today sha with small volume sef.
FatherOF2
Re: Stock Market Tips For Nigerians
« #23570 on: April 10, 2008, 03:07 PM »

Quote from: hispy99 on April 10, 2008, 03:02 PM
This means BetaGlass will most likely have a spectacular Q4 result too

If they follow NBC, they won't release when the price is up. There'll be nowhere to go.
The sensible ones will release wen their price is low, so there's room for price growth.
cj2008
Re: Stock Market Tips For Nigerians
« #23571 on: April 10, 2008, 03:10 PM »

ELUMELU I DEY SMELL your 6MTHS.ACTIVITY DON START.
I SEE AS SO MANY HANDS ENTER your POT OF SOUP(UBA)
pumping777 (m)
Re: Stock Market Tips For Nigerians
« #23572 on: April 10, 2008, 03:11 PM »

Quote from: FatherOF2 on April 10, 2008, 03:07 PM
If they follow NBC, they won't release when the price is up. There'll be nowhere to go.
The sensible ones will release when their price is low, so there's room for price growth.

Your theories too dey solid. Make I keep this one for my left hand make I no go take am chop  Grin
lokwe (m)
Re: Stock Market Tips For Nigerians
« #23573 on: April 10, 2008, 03:12 PM »

Delisting of Moribund Stocks Imminent


Usually reliable sources have confirmed to us that subsequent to the Council meeting of the Nigerian stock Exchange on Monday this week, a list of stocks that have been subjected to the necessary due process for delisting may be announced anytime soon.

A cursory look at candidates for delisting suggest that stocks in the aviation and textile sectors may be affected. Some firms like Onwuka Hi-tek are expected to make the list as well as one of the firms which have been in the news lately.

We understand that one of the firms in the textile sector may be in the final stages of discussions/negotiations with a frontline entrepreneur and owner of a group of companies who have indicated interest in buying the company and turning it around. This could not come at a better time.

The list has an unconfirmed list of no less than 18 names, though it is expected that the announcements may be in batches.

It will be recalled that the Director General of the Nigerian Stock Exchange, Dr. (Mrs.) Ndi Okereke-Onyuike had hinted as much at a parley with members of the capital market correspondents association.



Zinox set to list on the Nigerian Stock Exchange

Zinox, which recently recapitalised with over N3.5 billion and acquired Technology Distributions Limited and Task Systems to form a conglomerate; intends to approach the stock exchange for listing as a publicly quoted company.
FatherOF2
Re: Stock Market Tips For Nigerians
« #23574 on: April 10, 2008, 03:15 PM »

Quote from: cj2008 on April 10, 2008, 03:10 PM
ELUMELU I DEY SMELL your 6MTHS.ACTIVITY DON START.
I SEE AS SO MANY HANDS ENTER your POT OF SOUP(UBA)

Some people go soon go wash the soup comot for mouth oh, na quick CICO dey happen there, e go soon come ground go enter kitchen again.
debenzd (f)
Re: Stock Market Tips For Nigerians
« #23575 on: April 10, 2008, 03:40 PM »

Fatherof2 why u get all d luck now? I no fit get eterna. i doubt if d price I bid PHB and zenith dem go fit get am.
Oga ju!

Wetin person go attack now?

I come go sell my Glaxo at 24.81 yesterday. E no too rise today sha but let's see how it goes.

God dey sha.
debenzd (f)
Re: Stock Market Tips For Nigerians
« #23576 on: April 10, 2008, 03:51 PM »

fatherof2, i dey see NBC o!. That your broker even yab me too when i but for January. That time, it was =N=54. na when e reach floor see how some people dey rush am e come buy for me. I don CICO for am b4 make small 120K for there when e reach 70. I leave d rest for there beco I know say their result go be baba.

Again thanks for leading d way. Me I go do my due diligence with all d result see say the following coys will be out with good results:

NB
NBC
Unilever

They all had losses last year. Unilever should have done better but as at the time they released results, they were too close to overbought plus they had already done 100% of their intial price from last year. From 13 to 27 I think.

What is for attack tomorrow? i am thinking PHB and Zenith since all these banks no gree wait again.

I can only imagine what will happen at full yr December 2008. Na real competition o!
mecatchcha
Re: Stock Market Tips For Nigerians
« #23577 on: April 10, 2008, 03:55 PM »

Quote from: FatherOF2 on April 10, 2008, 03:15 PM
Some people go soon go wash the soup comot for mouth oh, na quick CICO dey happen there, e go soon come ground go enter kitchen again.

FO2,

Abeg, what's your take on UBA? I bought at 49.00. Is the price increment for long or just for a while? When do u think I should parashute out?
FatherOF2
Re: Stock Market Tips For Nigerians
« #23578 on: April 10, 2008, 03:57 PM »

Quote from: debenzd on April 10, 2008, 03:51 PM
fatherof2, i dey see NBC o!. That your broker even yab me too when i but for January. That time, it was =N=54. na when e reach floor see how some people dey rush am e come buy for me. I don CICO for am before make small 120K for there when e reach 70. I leave d rest for there beco I know say their result go be baba.

Again thanks for leading d way. Me I go do my due diligence with all d result see say the following coys will be out with good results:

NB
NBC
Unilever

They all had losses last year. Unilever should have done better but as at the time they released results, they were too close to overbought plus they had already done 100% of their intial price from last year. From 13 to 27 I think.

What is for attack tomorrow? i am thinking PHB and Zenith since all these banks no gree wait again.

I can only imagine what will happen at full yr December 2008. Na real competition o!

No mind that old man broker. E no like make person dey chop better tin.

I don't like the way PHB behaved, i wanted a fall, not a small rise to " SPOIL SHOW".
FatherOF2
Re: Stock Market Tips For Nigerians
« #23579 on: April 10, 2008, 04:03 PM »

Quote from: mecatchcha on April 10, 2008, 03:55 PM
FO2,

Abeg, what's your take on UBA? I bought at 49.00. Is the price increment for long or just for a while? When do u think I should parashute out?


When you understand how human beings behave, you'll know why UBA is making a quick run. Everybody is switching into bank mode small small.The rumour mill is working overtime. I heard someone use the word " LIGHTNING" to describe UBA's Q2, all this has made people to already start positioning and driving the price up up into danger zone.By the time "lightning" is released, anticipation has already eaten up the small 15% wen dey inside and UBA price has no where to go.
ibkaye
Re: Stock Market Tips For Nigerians
« #23580 on: April 10, 2008, 04:08 PM »

Useful tips! Smiley For the future that is, have always been a bit interested in the stock market Smiley
Seun (m)
Re: Stock Market Tips For Nigerians
« #23581 on: April 10, 2008, 04:15 PM »

You guys are the best Kiss
mecatchcha
Re: Stock Market Tips For Nigerians
« #23582 on: April 10, 2008, 04:19 PM »


@FO2,

Father Father, what shall thy kids do? Do you advice pikin to sale after 15% - 20%. This bank stocks dey tire me oooooooooooooooo. Advice abeg.
nakedwire
Re: Stock Market Tips For Nigerians
« #23583 on: April 10, 2008, 04:22 PM »

Cadbury PLC, AWD, Union Registrars and them people don hear nwiii.

Hope this serves as a lesson to other dubious companies in NSE.

Nigerians be careful with all the insider trading, Private Placements, Rights offers etc.

Capoil and Afroil case still pending.

All that glitters is not gold.
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