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rasputinn (m)
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@ Rasputinn,
What do you have to say about African Paint Plc?. Is as if things are improving, isn't it?.
Peace.
Yep,things are improving,having closed @ 2.42 on Thursday,I think it's almost peaked because I don't see it crossing the 3.00 mark till the rumoured foreign investors come in.If you're thinking of buying,a cross deal by your brokers may be the only source(i.e if they have clients that want to sell).Personally I've asked my brokers to not look for the stock anymore as they've only been able to buy African Paints shares worth less than 10% of the amount I deposited for that transaction------almost a month after I gave them the mandate.Well I'm tracking some other interesting pennies but I need to gather more info on their present state and strategies for improvement. |
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Rodbuffet
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Three Stocks that will make you rich in 30 days:
1. AIRSERVICE
2. ADSWITCH
3. TRANSEXPR
nOTE THE CURRENT PRICE AND SEE IT DOUBLE IN 30 DAYS MAX
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toyibanj (m)
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Some figures for CI Leasing
2nd Quarter PAT(31 July 2007)=N176M
Outstanding # shares =1.6B
Forward EPS (annualized)
for YEnd Jan 31 2008 =44k
Forward PE for YEnd
Jan 31 2008 =11
This is looking great at the moment and i'm assuming they will grow their PAT for YEnd Jan 2008 even better than the annualized rate i have used in the computation
I think this is one to watch solid fundamentals and good business strategy and expansion plans and guess what? it's the only one in it's sector that's listed
@Roughcut I think there is a mistake in your calculation 177 m for qQ2 is projected to 354 mil for year end jan31/2008 proj. EPS is 22k NOT 44k as you stated proj . PE at today's price of 5.37 is 24 NOT 11 as you stated. So with enlarged1.6 billion shares ,i don't think C & I is any thing to write home about. |
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toyibanj (m)
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Three Stocks that will make you rich in 30 days:
1. AIRSERVICE
2. ADSWITCH
3. TRANSEXPR
nOTE THE CURRENT PRICE AND SEE IT DOUBLE IN 30 DAYS MAX
@Rodbuffet Most of us are not gamblers on this thread.We back our suggestions with facts and logical analysis. I guess you are speculating and most of us are learning to be investors. |
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easimoni (m)
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@Roughcut
I think there is a mistake in your calculation
177 m for qQ2 is projected to 354 mil for year end jan31/2008
proj. EPS is 22k NOT 44k as you stated
proj . PE at today's price of 5.37 is 24 NOT 11 as you stated.
So with enlarged1.6 billion shares ,i don't think C & I is any thing to write home about.
Correct, 177M is for 6 months, not just the 2nd quarter. C&I is more long-term. I'd say it's not yet time to buy. Better deals exist at the moment. |
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rasputinn (m)
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Bank PHB will commence an I. P.O of 5 billion ordinary shares of 50k each @ 17.00 naira per share,showing a discount of 8.51 naira compared to the secondary (T.S)market price of 25.51 naira.The offer opens tommorow,Monday November 19,2007 and closes on Wednesday Dec 19 2007.From the look of things,the offer is gon be over subscribed as BGL securities,Diamond bank,Vetiva capital and Sterling capital have underwritten the offer to the tune of 80%.
From the offer proceeds ,the bank hopes to deploy 14.8 billion naira to open up brances in Ghana,Angola,Ivory coast,Guinea ,Liberia,Sierra Leonne and Gambia,and also grow domestic branch network by 85 new branches.Over to you nairalanders because this one is flying with me.
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rasputinn (m)
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Bank PHB will commence an I. P.O of 5 billion ordinary shares of 50k each @ 17.00 naira per share,showing a discount of 8.51 naira compared to the secondary (T.S)market price of 25.51 naira.The offer opens tommorow,Monday November 19,2007 and closes on Wednesday Dec 19 2007.From the look of things,the offer is gon be over subscribed as BGL securities,Diamond bank,Vetiva capital and Sterling capital have underwritten the offer to the tune of 80%.
From the offer proceeds ,the bank hopes to deploy 14.8 billion naira to open up brances in Ghana,Angola,Ivory coast,Guinea ,Liberia,Sierra Leonne and Gambia,and also grow domestic branch network by 85 new branches.Over to you nairalanders because this one is flying with me.
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RoughCut (m)
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@Roughcut
I think there is a mistake in your calculation
177 m for qQ2 is projected to 354 mil for year end jan31/2008
proj. EPS is 22k NOT 44k as you stated
proj . PE at today's price of 5.37 is 24 NOT 11 as you stated.
So with enlarged1.6 billion shares ,i don't think C & I is any thing to write home about.
Actually the listed shares will be 1.35B(75% subscription for the PO in 06 according to the SEC website) and that gives us an adjusted forward EPS of 26K and forward PE ratio of ~21 More to the point if the projections for PAT 2007 are correct then they would have grown PAT by a massive 250% from N90M in 06 to N354M in 07 and therefore in my books that's a lot to write home about and that's why i'm pinning for this stock in 08 |
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frankiriri (m)
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I think I like the energy of Bank PHB. I have not yet seen the Prospectus sha. I will comment when I see it
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otokx (m)
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@RodBuffet
Please continue to share what information you have and don't be discouraged by "some" people
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Rodbuffet
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Been in the business of stocks for 8 years, make some mils, lost some. 1.Airline Services: 9mth sep 07<> T0: 2,498,000,000.<>% ^56.13.<>PAT:314,530,000.<>%Up120. (Outstanding Shares:634,000,000<> Monopoly in business nature<>Vast growing with future growth *AIRSERVICE-13.00 to AIRSERVICE 19.82 between oct 23rd-nov19th ) http://www.nigerianstockexchange.com/quoted_company.jsp?symbol=AIRSERVICE2.ADSWITCH- If power is a state of emergency thus profits for comapnies in power products (adswitchplc.com) http://www.nigerianstockexchange.com/quoted_company.jsp?symbol=ADSWITCH3. TRANSEXPR- with this listing of REDSTAREX. it will make the sector optional thus investors will demand from a limited pool http://www.nigerianstockexchange.com/quoted_company.jsp?symbol=TRANSEXPRThere is no gamble in these stocks because i regard them as penny stock, but the bull just left the station so i advise D lilly livered to study, for the bull hearted invest, as for me had 6 figures invested in these and would cash out max 26 days from now. i have no fear what so ever. just sharing my hand. besides get real even nestle, at 240 is penny stock. think ahead folks. think NSE 2030. |
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blackpro (m)
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please any advice about the insurance stocks it, i already got crusader a long time ago so i am considering other ones likes lasaco, international energy and linkage, gurus in the house,
i am waiting for your recommendations,
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Princesege (m)
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At what percentage increase could a stock be sold in order to break even or make a profit?
Exact answeres please.
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enurayce
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@ ALL
IS UNIVERSAL INSURANCE PP A GOOD BUY AT 95K
PLS IMMEDIATE REPLY PLS
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nazzyon (m)
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Please which stock will POSSIBLY YIELD approx. yield UP TO N5 or XTRA BY JANUARY 15.
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easimoni (m)
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At what percentage increase could a stock be sold in order to break even or make a profit?
Exact answeres please.
5.062392395% increase in price will result in a break-even position assuming your broker charges u 1.5% commission. Hey, you asked for an exact answer!   |
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enurayce
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@ ALL
IS UNIVERSAL INSURANCE PP A GOOD BUY AT 95K
PLS IMMEDIATE REPLY PLS
please easimoni do justice to this.will be glad to hear from u |
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spikelee
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HHELLO GUYS HOW DO You SEE LASACO, N.E.M. AIICO INSURANCE COM. IS IT GOOD FOR
MEDIUM TERM.
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fntekim (m)
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My gurus in the house,
plaese can u take the time to explain the meaning of forward PE, trailing PE etc?
I'm seriously interested n set to make a killin in the market next year.
I want to start now to acquaint myself. Thanks in advance.
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fntekim (m)
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Thanks man!
God bless.
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easimoni (m)
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please easimoni do justice to this.will be glad to hear from u
@ ALL
IS UNIVERSAL INSURANCE PP A GOOD BUY AT 95K
PLS IMMEDIATE REPLY PLS
Ol boy, post the prospectus so that we can comment. I've never heard of the coy or the PP before. |
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shakasha
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Please whats the feeling of this wise house on Bagco shares? people are skeptical considering their huge debts but am thinking it's sweet on mid to long term.  |
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frankiriri (m)
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Please whats the feeling of this wise house on Bagco shares? people are skeptical considering their huge debts but am thinking it's sweet on mid to long term. I think so too. |
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wanaj0
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Please whats the feeling of this wise house on Bagco shares? people are skeptical considering their huge debts but am thinking it's sweet on mid to long term. Well, most stocks are good on the long term. The question should be that compared with other stocks out there, where will you put BAGCO? Are there not BETTER stocks out there? If you have a list of five stocks (medium and long term), will BAGCO be on the list? We should get out of the feeling taht we must BUY all offers. |
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rasputinn (m)
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[I was actually tempted to add FCMB to my portfolio but the report i read a few days ago regarding the business transaction with CSL did not do it for me i think i will let that one pass We all know which ones are the 'BIG'(BIG in the naija context) banks in nigeria i think i have been around nuff times to realise ACCESS is not yet ready to play in the premier league as long as its making money for me i no go complain! So anything you fit do to push the share price past the N20 mark will be very much appreciated What say ye now rough cut?Access has crossed the N20 mark |
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RoughCut (m)
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What say ye now rough cut?Access has crossed the N20 mark
I was going to shed ACCESS but looking at what the price is doing now and wanaj0's timely intervention i'm not selling my ACCESS easimoni does that sound familiar?So if you have ACCESS don't sell yet looks like there is still more in the tank but i don't think it's a good idea to buy now if you don't have it |
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bjluv
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I am new to the stock biz in naija and I would like know what are the hot ones for now that I can put my cash in, I haeard Bagco. Any others people? I am in for the long-term  |
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wanaj0
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I was going to shed ACCESS but looking at what the price is doing now and wanaj0's timely interventioni'm not selling my ACCESS easimoni does that sound familiar?
So if you have ACCESS don't sell yet looks like there is still more in the tank but i don't think it's a good idea to buy now if you don't have it
See me defending Access when I am not even a shareholder. Well, share the LOOT with us OOO. The patient dog eats the fattest bone. Can imagine how you felt when the price of Access was stagnant after the lifting of TS. Now you are having the feeling of De ja Vu |
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Dumsky (m)
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@ wanajO,
thought you said you borrowed money to buy access PO because you thought it was undervalued or did i read wrong?
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wanaj0
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@ wanajO,
thought you said you borrowed money to buy access PO because you thought it was undervalued or did i read wrong?
Yes I got a loan to buy the Access PO. Note that as at the time of that discussion, the PO was still on. Even now, you don't know whether my money will be returned since the PO is yet to be concluded. Yes I believe that Access was ubdervalued at 14.60 |
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