Stocks That Can Make You Rich In 2007

Good day all, longest time no see!!!

I believe most, if not all of us have amassed a bit of wealth in the year 2007. The market went up and later exprienced a bit of lull in the third quarter of the year due to profit-taking and portfolio realignment of big time fund managers. As the year draws the curtains, I believe the index should close high within the 55,000 points range form 33,000 last year (up by about 60%). Other windows of opportunities abound in some public offers currently on like Bank PHB, Afribank (gat reservations about its high forcast PER for 2008 which is about 30 times its 2008 earnings @ offer price!), will ok Afribank for investors with a two year horozon, Zenith will also be a killer as returned funds from 1st bank's offer goes straight to Zenith. Below is s brief report on offers and placements you shouldnt miss this year;


1. DIAMOND BANK PLC
Diamond Bank Plc: Offer for subscription (only within the Federal Republic of Nigeria but listed on the London Stock Exchange) US$ 400,000,000 Offering of Global Depository Receipts (GDRs) on the basis of 1GDR per 100 Diamond Bank shares. At a Reference price Per GDR of US$13.75 (Nigerian Investors can access the Foreign Exchange through the official window in order to subscribe to the offer). The offer price per GDR to be determined on Tuesday, 04 December 2007 may close below or above the reference price.

Application List Opens: Tuesday, 20th November, 2007

Application List Closes: Tuesday, 4th December, 2007

Minimum Applications of 50 GDRs & Multiples of 50 GDRs & Multiples of 50 GDRs thereafter.
Offer Hotlines are 08020567536, 08073359587, and 07039568204.
It may interest investors that should the final offer price closes below the reference price of US$13.75 per GDR, the value of the local shares may subsequently nose-dive (GTB shareholders may testify to this). The reference price of US$13.75 per GDR translates to N16.29 per local Diamond share. The price of Diamond Bank currently trades at N18.50 (as at 27th Novemebr, 2007)
BULL POINT
Increased capital base should increase earnings and ultimately improve bottom lines.
BEAR POINT
Weakening dollar against the naira may increase exchange rate risk.


2. MAGNUS CONSULTING LIMITED

Application List Opens: Tuesday, 20th November, 2007

Application List Closes: Tuesday, 4th December, 2007

10.  Method of offering:      Offer for Subscription by Private Placement
11.  Units of Sale      A minimum of 500,000 units and multiples of 10,000 thereafter
12.  Offer Price      N1.95 kobo per share
13.  Payment      In full on application

 Financial Summary      
   For The Year Ended June 30
DESCRIPTION   Audited
2,005   Audited
2,006   Un-Audited
2,007
Business  Consulting   8,004,334   21,153,000   22,568,223
Business Technology   609,500   1,130,000   1,539,500
Business training   228,000   834,960   470,500
Other Income   3,801,909   747,000   284,193
TOTAL  REVENUE   12,643,743   23,864,960   24,862,416
Net Profit / (Loss)   (4,187,969)   3,908,062   2,504,305
Dividend Payable      (500,0000)   (500,000)
Transfer to Reserve      2,074,515   2,004,305
Share Capital   100,000   500,000   500,000
Shareholders funds   26,927,810   47,961,807   50,021,800
EPS   -   390k   250k
Dividend Per Share   -   50k         50k

Forecast Offer Statistics (Extract from the Reporting Accountants Report):          2008   2009   2010   2011   
Revenue    386,530,000   537,479,000   723,128,200   987,867,035   
Profit Before Tax   219,142,100   342,193,830   495,399,434   721,290,866   
Profit After Tax   149,016,628   232,691,804   336,871,615   490,477,789   
Dividends   59,606,651   93,076,722   168,435,808   245,238,894   
Earnings Per Share   51 kobo   80 kobo   116 kobo   169 kobo   
Dividend per share    21 kobo   32 kobo   58 kobo   85 kobo   
P/E Ratio   3.79   2.43   1.68   1.15   
Dividend yield at offer price   11%   16%   30%   43%   

BULL POINT:
•   Projected Price expected to hit N3.04 with the 12 month quotation period. The offer price represents 156% discount to the expected market price after listing. Placement Memorandum can be obtained by clicking here http://www.magnusconsulting-ng.com/PrivatePlacement.htm
•   High quality Management and Board
•   Should rank as the first company to gain quotation status in its industry.

BEAR POINT: Overdrafts amounting to N5 million but fully secured. 



3. MTN
Offer summary available in the attached document
Offer Opens:  December 7, 2007

BULL POINTS: Africa’s and Middle East’s largest telecoms giant and unarguably the most profitable
telecommunications Company in Sub-Saharan Africa.
Minimum requirement has been reduced from US$ 5 million to US$100 K via the Scheme
BEAR POINT: Listing date is unknown
NOTE:  The minimum investment of $5 million for individual clients is obtainable if 50 clients gather US$100,000.00 each.


4. NIGERIAN BAG MANUAFACTURING COMPANY PLC (BAGCO)
 IPO of 1,865,000,000 ordinary shares of 50 kobo each @ N3.90 per share.
Opened:  November 7, 2007.
Closes:   December 14, 2007. 
The company is seeking to raise N7 billion through an IPO of 1,865,000,000 ordinary shares of 50 kobo each at N3.90 per share. The company presently is a wholly owned subsidiary of Flour Mills of Nigeria Plc.
BULL POINTS: On the financial health of the company, turnover has risen to N11.00 billion in 2007, from N9.9 billion in 2006 and N6.29 billion in 2005. The company is projecting a turnover of N12.45 billion in 2008, N15.45 billion in 2009 and N17.15 billion in 2010. Also, dividend payout for 2008 is pegged at N0.26 billion, N1.07 billion in 2009 and N1.12 billion for 2010.
The company is said to be the largest woven polypropylene sack manufacturing company in Africa and the largest single plant in the world, with installed capacity of 200 million sacks per annum.
The minimum units that can be bought by an investor is 1000shares and in multiples of 100 thereafter.
BEAR POINT: Overdrafts amounting to N8.9 billion with the offer expected to raise N7.3 billion


Watch out for an overview on Stocks that could make you rich in 2008!

God bless you all!!!

this is officially the end of this thread,
END OF THIS CHAPTER. PLS CHECK OUT HOT STOCKS THAT CAN MAKE YOU RICH IN 2008.
GOODBYE ALL

@shigidi,
forget that your goodbye,
this thread belongs to ayala2002,not you.
2007 is not finished yet,a lot can happen in NSE in one week.

Abi oh,
If you want to start that thread please go ahead,  folks will join you.
Cheers

@Etin
MTN's pp is ging for $2million,it is only for high networt individuals.
unless you want to pull resourses with 19 others to get in.(think of investment club)

Yeah right.You go ahead and come back to the thread with your verifiable testimony of how much you have made.

While I wish you all the best of the yuletide season,I implore you to take go through the following  security tips if you are  in/plan to visit Lagos this season;
There will be lots of miscreants on our roads and streets in this period and month of festivity; their sole purpose will be to deprive you of your money and property As such I urge you to take precaution putting @ the forefront your personal safety and that of your property.
 
Please ensure you and your families take the following precaution and any other you may think of;
1.    Lock all car doors and windows when driving.
2.   Do not leave office at the same time everyday - vary the routine.
3.   Use many alternate routes of travel to your destinations, particularly if you leave in down-town Lagos .
4.   If your car is lightly hit, either from the rear or from the side, do not stop immediately - it could be a ruse by robbers to get you and snatch your car.
5.   Do not stop to render any assistance in an apparent crash or auto accident, even If it looks real. (   Please dial 774 5703; 774 5705; 774 5706;  791-3550; 791-3540  for police assistance)
6.   Always keep sufficient fuel level in your car.
7.   When driving, be alert to all activities on the road, front and rear. Be well focused.
8.   Watch out for someone trailing your car and if you think you are being followed, drive to  the nearest Police Station but avoid driving home straight.
9.    Avoid giving lifts to unknown persons; you may loose your car or life if you do.
10.  Do not expose brief cases, handbags and other valuables on the car seat while driving as this could attract robbers. Robbers may deliberately hit your car to      get these valuables (   Please if possible hide bags and valuables under car seat)
11.  If your car has a flat tyre, drive on to a SAFE enough area before you change the tyres because armed robbers could in pretext that they are LASTMA officials tow victims' vehicles to an unknown destination.
12.  Do not stop if any pedestrian tells you that you have a flat tyre, engine is leaking etc. It could be a device to stop you and attack you.Especially around Abalti barracks,Ojuelegba along Ikorodu rd.
13.  Also avoid traffic peak periods and areas with high rate of possible attacks i.e Third Mainland Brigde; Ikoyi, Dolphine, Ketu Alapere 7-Up axis, CMS Bus Stop. Maryland under bridge You-turn.
In case of an emergency (   Please dial 774 5703; 774 5705; 774 5706;  791-3550; 791-3540  for police assistance)
Season's Greetings of a crime free yuletide
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And, yet be warned - there are some brokers out there to steal your hard-earned money. CASHTHIEVES

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