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barge (m)
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Dear all
any suggestion as to where i can find Japaul Oil financial statements. would appreciate any info because a brother needs it to do some analysis on the company's future profitability.
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koksieboy (m)
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I typically get an email about 2PM Lagos time the day of the trade. So as we speak, I don't know if they bought my Crusader and NGC today. If I don't get a confirmation in 6 hours, I'll resend the instructions then pray they don't buy it twice.
Oga Easi, what is your max buy price for NGC? |
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koksieboy (m)
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I typically get an email about 2PM Lagos time the day of the trade. So as we speak, I don't know if they bought my Crusader and NGC today. If I don't get a confirmation in 6 hours, I'll resend the instructions then pray they don't buy it twice.
Oga Easi, what is your max buy price for NGC? |
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yodiyokun (f)
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NSE site is down. Global Select and cash craft , shows a lot of stuff but I did not see what I want. I want to know if a stock closed on a demand note or supply note and how much, Am I making sense here. @Easimoni, I wasn't lucky with the proshare link |
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koksieboy (m)
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@Tmoni
where are you based in Aberdeenshire?
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easimoni (m)
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@ Yodiyokun, the proshare link has the net bid and net offer highlights at the bottom of that pg. They used to tell us the top 5 on bid and offer daily but they've stopped. We do need a site/report for bid and offer info
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Rob-roy
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Guys how una dey take observe una stocks na?? ABEG!!
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Tmoni (m)
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@koksie, aberdeen proper
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shigidi (m)
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@ roughcut, rest assured i will mention any solid stock as soon as i have an inkling on it  @ easimoni, pls do u have any info on university press like i asked.? thank you. |
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Rob-roy
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easimoni,
Thanks for the link to nseinfo. It appears they aren't opening new portfolios at the moment. Is there any other site you wuld recommend? As someone said earlier karakata is down,
Does any one else have a recommendation for monitoring one's portfoilo? THANKS IN ADVANCE!
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koksieboy (m)
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easimoni,
Thanks for the link to nseinfo. It appears they aren't opening new portfolios at the moment. Is there any other site you wuld recommend? As someone said earlier karakata is down,
Does any one else have a recommendation for monitoring one's portfoilo? THANKS IN ADVANCE!
Try www.investordelight.com. I've been using them for a while |
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crazyT (m)
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@ Easimoni and other guru's
I have asked this question before but it wont hurt to ask again, I bought Capital oil at 0.33kobo and it's 0.75kobo today (more than 100% in 4 months) what's your advise? To cash in now or still wait.
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easimoni (m)
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@ Easimoni and other guru's
I have asked this question before but it wont hurt to ask again, I bought Capital oil at 0.33kobo and it's 0.75kobo today (more than 100% in 4 months) what's your advise? To cash in now or still wait.
I have no knowledge of that stock so I can't help u. sorry! |
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stanchuks (m)
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To All Gurus,
Please could you all advise me on this, amongst all the stocks i have the only one that has appreciated is NGC i bought for 13.50, why i am saying this is that i need to buy Japaul and dont have cash at hand, is it advisable to sell part of my NGC to purchase Japaul
Secondly i have about 5000 units of Fidelity do i sell and purchase the PO that is now on?
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frankiriri (m)
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To All Gurus,
Please could you all advise me on this, amongst all the stocks i have the only one that has appreciated is NGC i bought for 13.50, why i am saying this is that i need to buy Japaul and don't have cash at hand, is it advisable to sell part of my NGC to purchase Japaul
Secondly i have about 5000 units of Fidelity do i sell and purchase the PO that is now on?
I think you should do that so that you can take the profit on it. |
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harrisoft (m)
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hi all gurus and novice
you are all great.
just to say welldone, i am reading and watching and learning and following,
well done!
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harrisoft (m)
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Oga Sunday2007, this is not the right place to sell laptop na, haba  |
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NBA (m)
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Proshare News and Analysis
Court halts new capital base for insurance firms
Posted Friday, October 5, 2007
A federal High Court in Abuja yesterday ordered the Federal Government to halt on-going moves to re-capitalise insurance industry.
The order by Justice Anwuri Chikere also bars the National Insurance Commission of Nigeria (NAICOM) from "unilaterally" upgrading the capital base of insurance firms from the N350 million to N5 billion.
Business man and core investor in NICON Insurance Plc and Nigerian - Re, Mr. Jimoh Ibrahim had approached the court to stop the exercise on behalf of the two companies and two others namely: Alliance and General Insurance Plc, that he has interest in. He argued before the court that the Federal Government lacked the powers to undertake the exercise because the statues on the operations of insurance firms had not been reviewed by the National Assembly.
More on the Proshare website.
---------------------------------------
Folks,
What's up with this news?
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whitelexi (m)
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Well, It definitely doesnt sound like good news if the federal govt dips their hands into such sector. But having said that, in a country like nigeria, where alot of fraud happens, its probably the best.
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shigidi (m)
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@ easimoni, temmie10 and all intersted. i have found a good source of shares outstanding of all companies so we dont get confused in our calculations. go to www.meristemng.com and go to the research section to get info on shares outstanding nad year end of companies, it looks very accurate. hope this helps |
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RoughCut (m)
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Post suspension bull run will drive up the price and after verifying certs and then a dip when everybody starts to sell(profit taking). So the post suspension euphoria may drive the price to 27 by that time frame(it's a possibility!) |
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shigidi (m)
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before december?  home boy its heading to at least 25 by next week |
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Jboo0 (m)
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Hi everyone, i have a question maybe you could tell me what you think:
It seems SEC has approved UBA and First Bank to keep money that was oversubscribed, N100bn for UBA and N250bn for First Bank, which means that they will issue twice as many shares for UBA and 2.5X for First Bank, whih dilutes all the figures in the prospectuses.
My question is are people going to be happy that they have received more of their allocation than they were expecting, or are people going to have been caught out applying for more than they wanted knowing they would be scaled back and want to sell their excesss shares?
Both shares are well in profit from the PO's so i expect some profit taking, but at the same time i heard UBA is making 5bn profit a month, so dividend will be good. I'm in two minds whether to sell my shares in both now and buy them back once the certificates are issued.
What do you think?
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mee25 (m)
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@Jboo0
UBA allotted a total of 1,127,400,000 ordinary shares out of about 2.6b shares applied for. It also allotted 63,864,124 additional right issue shares. First Bank is yet to allot the shares applied for during their PO.
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Jboo0 (m)
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I completely agree that is clear as it was in the press release, but if you read the last line of the first page of the release it clearly says 'The Securities and Exchange Commision has given its approval to the United Bank for Africa Plc to accept the excess proceeds of the Offer by way of Supplementary Allotment'
Basically should UBA so wish they can choose to issue a further 1,495,256,699 shares and keep the excess capital of the oversubscription. I'm betting they choose to keep the excess money and issue more shares. I just wondered how people will react if they do? is it good news?
As for First Bank, they were 5 times oversubscribed on their 100bn offer, i've heard the SEC will let them keep 150bn NGN of the oversubscription,which would allow them to issue 2.5x as many shares.
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easimoni (m)
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@ Jboo0,
UBA making N5B a month? Fa fa fa fowl! Na yam? Maybe turnover but not profits!
But to answer your questions, there will be a TON of profit taking as soon as people get their certificates. You can expect both stocks to take a hit as soon as the certs are released. People will be happy they got more than expected only so that they can take more profit than expected. Once certs are released, there is ALWAYS downward pressure on the stock.
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easimoni (m)
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before december? home boy its heading to at least 25 by next week I second that! @ easimoni, temmie10 and all intersted. i have found a good source of shares outstanding of all companies so we don't get confused in our calculations. go to www.meristemng.com and go to the research section to get info on shares outstanding nad year end of companies, it looks very accurate. hope this helps Thanks for the link. They look like serious brokers too. |
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easimoni (m)
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@ Yodiyokun, did Lead get you Crusader? I'm so in! Dear EASI MONI
Please be informed that at your request, the following trade(s) have been executed on your behalf.
BUY
TranDate SecurityCode Units Price
10/4/2007 CRUSADER XXXXX 4.41
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yodiyokun (f)
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Nope, I am sure they did not buy it
Because if they did I would have been notified by now,
My account officer told me their systems have been down.
Lets see what else he has to say for himself- you got the crusader at a good price
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easimoni (m)
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Nope, I am sure they did not buy it
Because if they did I would have been notified by now,
My account officer told me their systems have been down.
Lets see what else he has to say for himself- you got the crusader at a good price
I just got a new account officer. My old one just left. Maybe you should ask for a new one. Mine's Gloria Ogufere. So far so good. Much more responsive than the old guy. And yes the price was good. Maybe she'll bring me luck too! |
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Author
. Is it heading N27 before december 
