Stocks That Can Make You Rich In 2007

please i need  help it my first time ,don't really understand anything about stock in nigeria, can u please send me an email with articles on it lonely2face@yahoo.com, or link me wit a web

What these morons dont understand is if the institutional and major shareholders revolt they will be out on their ears without a leg to stand on. I'm sure they did not become investors for some misguided peeps with over-bloated egos to paralyse the company
Did 7M shares yesterday with price inching downwards net offer so the proverbial tide may be turning afterall
Anyway will hold fire till Dec

stockmarketnigeria.com and then http://www.stockmarketnigeria.com/forums/banking-stocks/523-wema-bank.html

Most brokers will accept communication by email so you can issue your penny stocks instructions daily if you wish. But then, why would buy a stock with a view to sell the following month. regardless of the instant millionaire stories out there, the market is for long-term investor. And why penny stocks?

@ wanajo,
pls do you know anything about longman plc. its fundamentals look solid. trailing eps of 1.3 for a stock trading at 13 naira. looks grossly undervalued. please reply asap. thank you.

@Temmie 10, Easimoni, Wanajo, Shigini and other gurus,
I bought oceanic @ 18.50 on the floor during PO. Should I sell now and buy another good potential stock (which one)or is oceanic still a good short term stock? Is there any impending bonus and what ratio, not interested in dividend. Though I just bought some units of crusader. Plz I need your answer urgently.Thanks

Be careful not to offload your oceanic and go and buy a loser sha o (many losers out there in the short term currently).

@stanchuks
hw body?
i know u've been undecided over your your transcorp and ngc for a while and i have answered u b4 on both.
There are not always absolutes in investments and the most important indicators are your objectives.
If the money is money you are putting away for over 1 year, you will do well to hold your ngc and transcorp

If however you feel uncertain about the market and are looking at a shorter term (which i think is the case) , you can consider locking in your profits on ngc. Fidelity is not the best public offer but selling at 12 naira to buy at 8 naira can hardly be faulted.
If i was looking at short term, i would have sold transcorp long ago.
Since you hav not sold it, why sell now when its at the lowest its been for a while?

Is it true that Fidelity Bank has been issued a license to run/own a PFA? If true then it has xcellent prospects abi?!!!

@ easimoni

What do you think will be the unit price of Japual shares in 1 years time? Can you please, give more info about NGC as opposed to Japaul? Thanks.

@ gozizi

What is a PFA and waht is the source of your info? Thanks.

A year from now Japaul should be between N6-8. Good enough for those who buy the PO.

I prefer NGC because I don't do POs and NGC on the open market is a better buy than Japaul. That said, the main reason I prefer NGC is because Japaul is doubling it's outstanding shares via this PO. More mouths to feed.

@ easmoni

Do you mean NGC is still a good at the moment???

MBenefit YES, Livestock and Dunlop, NO.

Livestock and Dunlop are struggling to turn around and begin delivering profits. You can buy either one if you have a couple of yrs to wait. Dunlop is scheduled to be back in the black sometime in 2008. I plan on buying if/when that happens. Don't know much about Livestock.

Mbenefit is a sound insurance co. Should do well.

If Dunlop goes below 2.50, that will be a good price. With the money from the offer/rights, they should be able to restructure their debts and the turn around in principle should be complete. Hopefully, by 2008, the new production lines should be running thus contributing to the bottom line.

On insurance stocks, until the figures are out (outstanding shares based on merger, rights and PO), one should thread cautiously.

Thank you easimoni

NGC = Nigeria-German Chemical Plc, right?

N25 is very good - that represents 50% increase. I think the 18 months time frame is because of the illiquidity of the stock. If they do bonus  , it should help the liquidity.