Stock Market Tips For Nigerians

If you are not in by end jan. 2008 you will be palying catch up. By February, Q3 result of most of the banks will be out, March/April full year result of most of the manufacturing companies with Dec as end year will be out. Normally, most gains are made in the first half of the year. So Dec/January is the time to enter.

Will get to you tomorrow.Let the bears devour some stocks.
I mentioned some banks earlier.
December has always been a time to take position.
Christmas,Sallah and early January is School fees time again.
Pickings will come soonest.
But so far for non banking,Vitafoam is on my radar. I need a drop below N8.00 to enter.
Unilever is also on target.I don't think the market has reacted to that 9month result.
Its making a gradual consistent drop so far for me.I'll study a few things tonite.

No one seems to be talking about Big treat's listing today.it didnt even gain anything.Any views on the bread and pie company.those guys also make money o.

Today was a joking one on thisaddictive  thread.Good.we cant just be too serious everyday.

@Pumping,u promised to do an analysis on the CSMA,MACD stuff on Emaachile's site.Waiting for u.

@aktopgun.whats happening?any shrilling cries of the baby yet?I suggest names like Broad(Broad street)Ndidi,Oando,AP,Zenith,Asalu,Otudeko,Japaul,PHB etc.U have a lot to chose from just to reflect the bullish stocks during the time he was born.Never,ever consider names like Transcorp,NAHCO,UNTL o,please.Anybody with brilliant NSE related names for aktopgun's baby.

You no serious!!!!!!

You have this impression that I am against your style. That is not true. I only raise RED flag for people that don't know the inherent risk in the strategy. For example, you buy liquid stocks with fundamentals. Not sure how what your portfolio diversification is like. Also not sure what your risk tolerance is like. Those are things the disciples need to know before plunging in.

Back to the issue, for whatever it takes, if I try to take positions (LONG TERM) between NOV/JANUARY.

BOC and VITAFOAM are normally the first to release their results.

Cadbury tend to follow. After you have the Q3 results of most banks. By the time those results are out, it becomes late to enter.

Big treat gained 15kobo. it was listed @2.85 (NSE website) and i saw it opened & closed for trading at N3.00

Thanks!! I am anxious to see the outstanding shares column.

Kai, I don miss out on some serious laughs here! Yodiyokun, see how dem guys just over rule you simply because you no get back ups  . Aktopgun, you mean say Aktopgun junior still never land? Ah, I pity im mama oh _{nothing is more tiring than an unborn baby overstaying his welcome in there . . .}

But come oh, all of una wey dey mention class of 91 and other classes of the 90s, are you sure you're not exaggerating? Hehehehe . Ah don sabi my level now. Respect O! 91 ke? those were days when I was still fighting with my good 'ol papa say I no wan go study medicine _{na by force?} . Akokites, unibenites, ifeites and all the other ites, make una shift comot for road jare. There's only one great uni and that is . . . _{ok never mind}

@Wanaj0, thanks for the UBA insight. I'll look into it again. But I must say I'm quite shocked, considering that they've been cleaning up their act and aggressively recruiting. The N4b you're refering to related to the old UBA and there's a new management at the helm now. But again let me dig further and see what comes up.

Quote from Wanajo
Nothing to show that they have a succession plan. Put another way, if they do, the plan is not working. The guy being touted as successor (an ED) left for Oceanic not too long ago.

Take a look at GTB. Adeola left and Aderinokun took over. It is pretty obvious that Agbaje is next on the line. Intercontinental is also like that. No plan to replace Erastus. For UBA, not expecting any problem. Chika will likely be the one to take over.

Surprisingly, I don't expect Oceanic to face the same problem. Ibru was not the pioneer CEO. The recent recruitment of some egg heads as ED's shows that something is cooking.  
I beg to disagree. Zenith has not lost any director to Oceanic. The person I think you are refering to left three years ago. Jim has an able DMD and there are other ranking directors who would do as well.

All this 6-3-3-4 students are just making me feel old whereas my mates are still planning to play U 17 tournamnet come 2009!!!!

Well, UBA na special breed. If not provision for some doubtful loans, it will be provision for fraud or one extraordinary item. Basically it shows lack of good internal controls and corporate governance. Was selling my UBA in annoyance because of such issues. STB is not better. Hakeem and Tony are just similar in stule and character. Don't trust them one bit. Even in teh banking sector, Tony is considered a cow boy. Rules are secondary to him. targets first. Under such scenario, expect many infractions on good corporate governance.

That said, for long term positioning, UBA is good but can give you heart ache.

Had a friend that bought UBA at 14.00 based on the impressive quarterly report only to see it crash to 6.00 when the result was released. The money invested was his housing loan menat to build a house. You can inagine seeing your portfolio halved within a short period. That is a recipe for High blood pressure.

This is how we know the oldies. @Wanaj0  you mean you were in PW in the days b4 merger with Coopers and lybrand  haaaaaaaaaa.

From today onwards I have changed your name to Uncle Wanaj0. No contest

My question is how can 1.20k dividend in UBA revive that price to like #55. it looks impossible.

What if you see me playing Under 17 in 2009?

It is a shame that PW merged with coopers. Then we used to pride ourselves as the only firm (along with AA then) that never merged among the BIG 6

I posted on this too. I was seriously considering it but my main worry is tying at least 7M down for so long. They have stated that listing will be in 2 years but I won't be surprised if it takes 4 years or more???

In my opinion if you can wait till they get listed you will make very good returns based on what I digested from the offer document.

 6-3-3-4   . That's funny!

But Wanaj0, are you sure you're not comparing the old UBA to the new and improved one? I don't know about character oh, but when it comes to style, I think Tony delivers the goods -- at least look where he's taken UBA to in less than 24months. He was here in the States sometime in 2006 to give a presentation and after listening to that presentation and doing some ground work, I went and bought UBA at N12. The man has foresight and a solid management style -- otherwise, how else could the merger of those two radically different cultures (Old UBA vs. STB) have been able to produce the results that have been produced to date? Check out the products those guys are rolling out today, the alliances they're forming and the deals they're getting involved in . . . I'm simply impressed. That's what Hakeem couldn't do with UBA. Of course I've since sold my UBA but am planning to re-enter. I know their style is aggressive (which I really like by the way) but I seriously doubt that rules are secondary to them. But like I said earlier, I'll do some sniffing and see what I find.

Does anyone have the ratio for the rights issue for Zenith??

IEI is long overdue for a construction with their avalanche of shares,
BUt having said that its also been a major money spinner (chartist's heaven) in its own way this year.