Stocks That Can Make You Rich In 2007

Still haven't got my Transcorp share cert.,. I will like to know,if it ok to keep waiting.

Thank guys.

thanks man but no thanks. not my cup of tea

Any one feel like responding to my post on Cutix

would really welcome your insights fellas

Not sure but i reckon in the next couple of weeks. Also there's talk of Zenith Rights/public offer coming to the market(the shares are on TS) in a couple of weeks(according to Frankriri who works for the bank now) if this is the case and you already hold Zenith bank shares you may have to look again at your strategy for choosing the stock you want to invest in. If you hold Zenith bank shares the conventional wisdom is to take up your rights issue and sell your original holding when the TS is lifted  at a profit before the share certs  are released for the împending offer thereby using your profit to fund the acqusition of the rights issue and you still have Zenith bank shares which i think is a smart move.

The permutation i have described above will not apply to you if you don't hold Zenith shares or you don't have enough resources to buy into bank PHB as well as Zenith and it's not helped by the fact that  Costain(one of the hotshots on the NSE right now) will be coming to the market around this timeframe and WEMA will soon be showing their hands

So i suppose you have a lot to ruminate on

If you dont have Zenith bank shares already you probably dont need to bother dont think there's a lot of room for a tangible upward movement(except you have the shares already and therefore can take advantage of the post-suspension bull run)

@ all

hello all its been a long time.

Could anyone help. i'm looking at puting some funds in stocks for long term say N1,500,000, but with
all these IPOs here and there i'm kind of confused.

i'll highly appreciate it  if anyone can help me out here. selection with good fundamental analysis will be highly
considered.

PLS HELP A BROTHER

many thanks to you all

@ roughcut,

Please i am still anovice in this stock market of a thing. I have some money to invest in some stock but i m a bit confused about it.

I would like you to help me with the kind of shares i can invest into either primary or secondary market.

Secondly, if i want to invest in blue chip companies, which can i invest on?

Thirdly, i would like to know the best time to buy stock from the secondary market.

I await your urgent response cause i dont want to spend the money i have with me on something that is not worthwhile.

Lest i forget, what do you think about Japaul Oil stock? Is it going to be worth the while if one invest into it?

Thank you for your anticipated response.

I'm not sure there's anything like the best time to invest in the stock market. During the bear period(when share prices tend to be generally depressed) some think it's a terrible period to buy stocks but then others see it as a period to pick up bargains especially the fundamentally sound stocks
Buying on the secondary or primary market depends on your investment objectives in terms of timeframe either short-term or mid to long-term. normally if you are investing for the short-term (6-12 months) you wont necessarily buy on the primary market because it takes about 6 months to get your share certificate and you cant do anything with the stock if you dont have the certificate. Although with the new regulations the timeframe i think will be cut down to roughly 2 months.

If you are buying on the secondary market for a stock that is being offered on the primary market through IPO/PO it's usually better to wait till when the technical suspension(î.e when the stock  price freeze has been lifted usually after the close of the public offer) then wait a few  weeks and hopefully the share price climbs steadily and before those who bought into the public offer get their certificates  you can sell for a profit which is why some people dont like the idea of buying on the primary market because nothing can happen until you receive your certificate by which time the price rise may have stalled as a lot of people with their certificates will now like to sell for a profit(because there are many people trying to sell!)

On the other hand a lot of people buy on the primary market because the stocks are offered at a 'discount'(i.e offer price less than secondary market  price)
On Japual oil you may want to take advantage of the discount being offered and it's profitable according to the prospectus but i dont think you will realise  any appreciable returns in less than a year's time but then if you are new to investing in the stock market your time horizon should not be less than 12 months

If you read through the last 5 pages of this thread a lot has been said about very profitable stocks you can buy into so you should be able to come with a list and i can help you do some sort of screening to select 'candidate' stocks depend on how much you have to spend.

And dont forget to engage the services of a stocbroker who knows what he/she is doing!

Go through this  thread http://www.nairaland.com/nigeria/topic-79353.96.html

Hi Guys,
Can somebody in the house give details about oceanic bank's wellbeing? I am surprised anytime the topic is raised nobody seems interested. I just hope I am not marooned in that bank. Help guys, I have a lot of eggs there.

I'm with you on that one bro so no shaking i dey kampe!

WEMA bank closed at N11.69 today another 4.94%  gain and if the stock keeps appreciating at the max rate allowable of 5% in the next three days it would break the N13 mark precisely the share price would hit  N13.53_{easimoni i hope you are reading this!}  so i guess if you don't already own the stock i think it would  be a bit late to join the party!

 WEMA is literally  back to life so i'm just sharpening my claws  patiently waiting for the stock to go on TS before i  open fire!

To imagine that just last week WEMA was all but consigned to history  what a remarkable turn-around (officially the come-back kid)

@easi
noticed your signature has changed lol.
My sources at NSE tell me that demand for Wema is currently so hot it literally opens at a 5% premium  in the morning. (at least for the last few days).
The interesting thing is folks that bought Wema early enuf may just have bought wema at a forward pe of btw 2-6. Beat that!

I'm blushing.  . Seriously, I hit gold with Wema, the rest of my portfolio is not shining. All I try to do is hit the stocks with the lowest forward PEs and wait for the market to recognize their cheapness and adjust. Has not failed to work so far. Now I'll hit Crusader with everything I've got. Am I a risk taker? BIG TIME! But you are only young once. When the kids come, I can't do this anymore.

I like your style man. Looks like i'm switching tactics as well. Having children does not stop you playing the market i have a 4-year old and i'm having a whale of a time i guess i'm investing for his future but then i have to be a little bit more measured in my approach.

I think you have hit DIAMOND not gold if my rough estimate of  your WEMA is anywhere near what i think it is
Well done!
I'm actually thinking of 100k units of WEMA when the PO comes but i guess it depends on the price so i'm waiting for the magical N13 before i shell out my holding
 We are talking  about a ~ N20 stock here

Another gamble stock that met it's bill. Time to track the next one,

Here we go again with this insurance capitalization/recapitalization palaver

http://www.proshareng.com/myproshare/portal_news.php?id=3149