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wanaj0
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@ wanajo, i know your a big nigerian-german chemicals fan, u said it would be a good buy after the pull back. what does that mean?  ?? from my calcs, its projected eps is 1.2 by year end so it should hit at least 20 naira, but its price is already above 16, so do u think theres any point in still jumping in. I invest for the long term so our situation may be different. Two weeks ago Nigerian German was as low as 12.00. I bought then. Now it is 17.00. I see it getting to 25.00 next year. Some are looking at 28.00. It will oscillate between 15.00 and 18.00 for a while. So make your choice. |
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shigidi (m)
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@ easimoni, pls dont forget wapic? i think thats the number 1 insurance coy. right now.
in its last result, it got an eps of 69k, although i dont know anything about how many shares they yet have to list from their p.o, but their projections for its next year result is looking good even though its just a ten month year. forcasted eps of about 1naira.
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st1 (m)
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Tammie 10, easimoni, wanajo,
Please I have about 200k to invests in the secondary market, what stock will you advise I buy?
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st1 (m)
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Tammie 10, easimoni, wanajo,
Please I have about 200k to invests in the secondary market, what stock will you advise I buy on the short term?
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tellmemore (m)
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People. I would like to invest short term in a stock. Something I can resell by end of this month. Which stock will anyone advise me on. I have May and Baker in mind.
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easimoni (m)
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@ easimoni, please don't forget wapic? i think thats the number 1 insurance coy. right now.
in its last result, it got an eps of 69k, although i don't know anything about how many shares they yet have to list from their p.o, but their projections for its next year result is looking good even though its just a ten month year. forcasted eps of about 1naira.
I know Wanaj0 loves WAPIC but I've been doing some research. They will end up with a total of 4.23B shares (so says the MD, I googled them). If they double last yr's performance, they come up with N1400M which is EPS = 33k. for a stock already ~N7? Maybe the do more than 100% incr in PAT, but I found a few gems in the course of my research; Niger Ins, Sovereign trust, Lasaco and Prestige. Also found a fewquestion marks; UNIC, N.E.M., Royal Exchange. I need to gather liver to sell my WEMA and hit the insurance sector. The PEGs are ridiculous! |
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easimoni (m)
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People. I would like to invest short term in a stock. Something I can resell by end of this month. Which stock will anyone advise me on. I have May and Baker in mind.
PLS, PLS, PLS go and do fixed deposit. The market is not for a month's investment. It's not a money doubling avenue. with the fees alone, you'll most likely lose money in a 30 day time-frame. |
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wanaj0
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I know Wanaj0 loves WAPIC but I've been doing some research. They will end up with a total of 4.23B shares (so says the MD, I googled them). If they double last yr's performance, they come up with N1400M which is EPS = 33k. for a stock already ~N7? Maybe the do more than 100% incr in PAT, but I found a few gems in the course of my research; Niger Ins, Sovereign trust, Lasaco and Prestige. Also found a fewquestion marks; UNIC, N.E.M., Royal Exchange.
I need to gather liver to sell my WEMA and hit the insurance sector. The PEGs are ridiculous!
I don't even own a single WAPIC. Well just do your research well or else you will be left dry by the insuarnce companies. Are you aware that NEM did a rights issue? Are you aware that on top of that they merged/acquired Vigilante insurance. Hope you've factored that in. Are you aware that UNIC is 'selling' the non life bit of their business henc eyou need to discount the income from that going forward? Well as a starting point you need to get FULL audited account of those companies before you put your moeny there if you are not a gambler like most people. |
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easimoni (m)
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Wanaj0,
I did say I was going to avoid UNIC and N.E.M because I felt the picture I developed (in just a couple of days, mind u) was incomplete. The "question marks" are the ones I plan to avoid. What do you think of the ones I called "gems"? Niger Ins, Sovereign trust, Lasaco and Prestige? I think I have the full story on oustanding shares (including 06 offers) but there may be other news which I may not be privy to from across the pond.
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wanaj0
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Wanaj0,
I did say I was going to avoid UNIC and N.E.M because I felt the picture I developed (in just a couple of days, mind u) was incomplete. The "question marks" are the ones I plan to avoid. What do you think of the ones I called "gems"? Niger Ins, Sovereign trust, Lasaco and Prestige? I think I have the full story on oustanding shares (including 06 offers) but there may be other news which I may not be privy to from across the pond.
Until I see the FULL audited financial statement of the insurance companies I will place an hold on them. Do you know the companies that they acquire and what the scheme of merger looks like? No gambling for me. |
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texas543 (m)
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Breaking news!!!
Dangote Flour will most likely now be a Private Placement due to the non-agreement of a fair value for the offer between SEC and the company. The PP should take place in the next few weeks.
Unity Bank Plc is planning to do a Bonus + Dividend,
Bank PHB will be coming to the market in October 2007 while FCMB and Fidelity Bank Plc will approach the market in September 2007.
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jokol (m)
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Hi guys, this is real. U gat to give this a trial. Two of my uplines have been paid. in this easy2earn scheme. I believe $1(N155) is worth sacrificing. Here is my link ccc. This is a good time to cash in.
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sharestalk (f)
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easimoni
Dont fall in love with any stock. WEMA is going nowhere. You would have made more if you have divested earlier and have put the money on a more vibrant stock.
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easimoni (m)
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easimoni
Dont fall in love with any stock. WEMA is going nowhere. You would have made more if you have divested earlier and have put the money on a more vibrant stock.
Bros, I've been begging for advice. I will def sell this month. But tell me what to buy. I can't get the ones I want coz everybody wants them: C&I, Crusader, Nig-Germ. |
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loma (m)
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--------------------------------------------------------------------------------
I am interested in purchasing the Japaul IPO. However, since it might take some time to get the share certificates, I am also thinking of getting about 20000 Japaul shares from the secondary market.
Will it be advisable to do that now, or wait till the technical suspension has been lifted?
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Temmie10 (m)
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@ Easimoni
Crusader is still available. Which broker do you use?
Plus if you sell out and Wema releases the result, u might not like it, esp with all indications of the result
You can divest a bit but not sell all. Wema is coming up with a po soon so the result will come out sooner than later.
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shigidi (m)
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@ easimoni, i think im in the same position as you cos i got a lot riding on wema!! what has kept me going is this rumor of bonus and public offer. i think i might divest some as well and go for something else. right now, im thinking c&i, or mbenefits cos its half year is expected soon.
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abocana
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Hi guys, I will really appeaciate gurus in the house to give me some details why JAPAUL is a goog stock.
I'm looking to buy the IPO,but don't know much about the company except on this forum.
Actually,i wouldn't have known cuz.,i don't reside in nigeria,but i bought stocks a lot.
I'm looking to buy 4 long term2-3yrs.
Thanks dudes.
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Temmie10 (m)
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Hi guys, I will really appeaciate gurus in the house to give me some details why JAPAUL is a goog stock.
I'm looking to buy the IPO,but don't know much about the company except on this forum.
Actually,i wouldn't have known because.,i don't reside in nigeria,but i bought stocks a lot.
I'm looking to buy 4 long term2-3yrs.
Thanks dudes.
Have a look at this this page of their website : http://www.japaulplc.com/news.htmlAlso there seems to be consensus that the eps of the company is currenly around 26k for the year ended dec 2006. That should gives a fair price of about 5.2 , assuming a pe of 20 which is modest compared to the nse presently. the po is said to be going at 3.95, current price is 6.02, thats also a good discount (35%). Add that to potential for growth, favourable govt policies and there is a decent case for japaul. its also not a bank/insurance firm so u probably will get your certs soon enough. I am sure the prospectus will be out shortly and we will get mo info. hope this helps |
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abocana
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THANKS VERY MUCH temmie10,i believe this should be a good buy for long term.
when is JAPAUL gonna be out or is it in the mkt aight now.I will need a link to download the form and quickly send
it back to nigeria by courier.i will love to do it with access bank form which i already got here.
Kindly help me with the form,thanks.
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Omoba3 (m)
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@ Stacks - Usually, only existing investors who already have the certs are entitled to rights issues. You will only be entitled to rights issues on the existing 5k units for which you should already have the certs or for its reflection in your CSCS account, if you have a broker.
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Omoba3 (m)
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Any takers on the this GTB/GDR issue?
With the imminent re-denomination of the Naira @ N1.25 to $1. Will this not preempt the conversion to ordinary stock, owing to it being a more financially attractive option?
If yes, then would it not make sense to dispose of the stock before such takes place?
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boy steve (m)
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Easimoni, ,Temmie, I ain't rude bro but i will like to have your num, i have few stock and i want to start buying more, my problem is i want to face it with all i have right now and i want to trade everytime and make money coz i am 20 like 30, (i mean small boy wey get bukata),
If you can send your num,i will really appreciate it coz i know you have the real advise.
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hbrednic
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hot hot, think airline services and capitol oil for de last qtr of 2007.thats all i have to say for now.
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Stacks
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@hbrednic Please elaborate. Is your take on capoil based on any analysis? Do u really think this could be the next afroil?  Thanks |
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Dis Guy
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anyone notices Eternaoil? N11.31-N21.38 in a month  |
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dare_alabi
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Eternal Oil, all thanks to Mr. Fola Adeola.
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drdaniel (m)
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hot hot, think airline services and capitol oil for de last qtr of 2007.thats all i have to say for now.
@hbrednic. Thanks for your generosity with this info. But we will need to know d premise on which your advise is based so we will not be acting blindly. If your info is going to help us as u intend we need this additnal info. Gd bless  |
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tellmemore (m)
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Can someone please explain what E.P.S and P.E ratio are and how I can use it to judge which stock is good enough.
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steeviee (m)
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texas543,
Do you have any information on FIRSTINLAND BANK. i mean if they would be going to the market soon.
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