Stock market quote:

The stock market is a place where ignorant, impatient and unfortunate individuals transfer wealth to informed, patient and fortunate ones

- Megainvest

I wish you all a wealthy 2014 in advance.

I want to congratulate everybody as i can see that most stocks are in the green becos of the arrival of the bull, however, please i would like to appeal to every one here especially Bigass and Dumexoga, kindly refrain from using harsh, insultive and provocative words...This is a forum i believe matured people are in to make money, be friends and analyse the stock market...We are all from different family backgrounds so please lets control our emotions and try to live as one..If you have been following this forum, you will see that we try to keep our emotions in check and respect each others opinions..

Once there is peace and unity, we will always make money...Please everyone lets learn to control our emotions ok..

I still wish every member a bullish season as we gradually enter to 2014..

Enjoy.

immanuello: what do you have to say on this stocks:redstar express,vitafoam,upl,may and baker base on valuations.Meanwhile,born 2 to be rich,mercylicious this is directed to you.when do you just think this bull will enter intermediate bear or corrections or do you just think this will continue through out the next 2 weeks without people taking profit and if it should continued like that then there will soon be a BUBBLE that will soon BURST let us remember what happened in 2007 before the burst of 2008/2009.Although based on my thought i dont see what is fueling the bulls on FIDSON in particular that has a fair result for 2013 q3 with Eps of 25kobo and fyeps maybe30-32kobo as against the projection of 54kobo which i had cut down to btw 30-32kobo becos i just see 54kobo Eps as a means of selling unrealistic take through news. And with this eps this coy can pay atleast 15kobo if they will be paying atleast 50% of year end eps but base on d coy behavior of paying almost all their earnings as dividend as they last year when they paid 12kobo frm 14kobo made.That means they could pay surprisely 18kobo to 20kobo as dividen for year end 2013.So is that what is making the coy bullish even though i know alots of people buying this coy might not know this.But for this stock trading at #2.90 show mr market could just be too drunk sometimes expecially when lots of money is readily available to push a stock price unjustifiable.This same act is also playing on Ubcap,afriprudential bulls as its evidenced that they cant pay less than 10kobo-15kobo as dividend by year end.And looking at what smart Ubcap and Afriprudential mgt did by raising right issue so that they can pay dividend comfortly without them dipping their hands into their reserve or profit and yet people didnt note this smart play on them, hmmm.using "awo abu se abu lalejo".

Sorry my response is coming late...Although i believe mercylicious has answered most of your questions, i would like to add that the bull this season will be longer than usual..why? look at this period before christmas, most people expected the market to drop some weights due to profit takers but it didnt..this bullish trend on the Nigerian stock market is growing stronger and stronger as we move to the end of the year..The beginning of 2014 will be good for investors but i advise constant monitoring and caution..

Kindly read this for more info: http://www.proshareng.com/news/21851

To the bolded on Fidson, yes, but IMO the bull will still push this one up to N3 and beyond as the stock looks strong at the moment...As for redstar and Vitafoam, honestly i have never studied or looked at those stocks but may and baker will move up most likely due to sentiments this period..Sorry i cant type much..

Enjoy.

Dumexoga:
My brother, I Humble for here no be small. Just made 2million today for oando, my God is good, can you remember I also recommended UBA and Nahco earlier on? Chech the price and see. I have been sounding the trumpet about japaul too. Check the price for today, it closed at 52k. I bought 38million units at 50k and I have been begging people to look in that direction and they were busy analyzing. Life is all about risk. When you get positive informations and take risk, you will always smile. Jesus is lord

My chairman, I no even buy oando to sell am now ooo, even if it falls tomorrow, am still in the bus, because we are heading to 100 naira. Believe it or not. If the COP deal is concluded, nobody here on nairaland will see it back again ooo. Wait and see. I hail u bro

Congrats bro...when you don hammer finish for oando abeg no forget to take your boyz to mama ejiro joint oh..

Thank you born2 to be rich,i so much appreciate your response indeed.I also love your quitessential example and elderly role on this thread.More grease to your elbow.More success on our investment theme in year 2014.please i want to ask,do you think buying oando late at 25-26 will not be too expensive and if so,can oando touch #50 or #70 realistically b4 january 24 or before conoco philips deal is sealed.Be free to me,dont worry about anything becos any decision i take base on whatever u may say will be at my discretion.Thank you.

Oando starting at 23.16..hmmm

datovid :
Oando starting at 23.16..hmmm

10% at stake

phemmie06:
10% at stake

Good

phemmie06:
10% at stake

24.25 currently

About N296,547,378 worth of eterna being traded today..is someone dumping or buying abi Q1, Q2 and Q3 result is out?..

I think it is the bullish effect in Oil and Gas Sector that is pushing Eterna.

immanuello: Thank you born2 to be rich,i so much appreciate your response indeed.I also love your quitessential example and elderly role on this thread.More grease to your elbow.More success on our investment theme in year 2014.please i want to ask,do you think buying oando late at 25-26 will not be too expensive and if so,can oando touch #50 or #70 realistically b4 january 24 or before conoco philips deal is sealed.Be free to me,dont worry about anything becos any decision i take base on whatever u may say will be at my discretion.Thank you.

Well Oga Immanuello, first of all na small boy i be o..i no be elder at all ( currently an U17 person)...If you wan see elder na bra emmanuel ewumi side you go look..

As for buying Oando, IMO if i have some extra cash now i will still buy some more units as i believe that the deal is already sealed, however, this is risky so it isnt adviseable to buy so much units while we await the conclusion of the aquisition of COP....I bought Oando at N11 and kept on accumulating..I would have continued but you have to keep some money this festive season..i am thinking of getting more units before weekend sha.

megainvest: I think it is the bullish effect in Oil and Gas Sector that is pushing Eterna.

Although the price of this stock is dropping, e fit gain later...Make i just dey look.

Oando is now trading at N24.25..and this baby havent even started.

First bank result: http://www.nse.com.ng/Financial_NewsDocs/5076_FBN_HOLDINGS_PLC_FINANCIAL_STATEMENTS_DECEMBER_2013.pdf

FO currently loosing N10.55

What will be the impact of a nationwide strike by NUPENG on oil and gas stock?

Born 2be Rich: FO currently loosing N10.55

Lol!

i.e. Sell FO, Buy Oando

megainvest: What will be the impact of a nationwide strike by NUPENG on oil and gas stock?

For now all i can say is that the effect will be insignificant...Carry on flying OandO

megainvest:

Lol!

i.e. Sell FO, Buy Oando

Abi..some guys no wan dull themselves for this one.

nem self no wan gree 8.7% up at the moment with 47m volume. hmmm effect of 6k dividend

I know the market closes early today ,please when is the NSE opening 2014 ?

phemmie06: http://www.nse.com.ng/Financial_NewsDocs/5076_FBN_HOLDINGS_PLC_FINANCIAL_STATEMENTS_DECEMBER_2013.pdf

this FB result is not as expected from the Giant! anyway make it shield more weight make i add to my retirement stock

lancee: I know the market closes early today ,please when is the NSE opening 2014 ?

The NSE is opening on 2/1/2014 (that is 2nd of Jan 2014)

i think market don closed for today, no more movement

am expecting a very strong up tend on nse at the start of business day next year and don't forget 2015 is election year so trade carefully in 2014 as am expecting some money to move out of the market for the campaign. wishing everyone here best of luck.

Happy new year in Advance

natruetalk: i think market don closed for today, no more movement

am expecting a very strong up tend on nse at the start of business day next year and don't forget 2015 is election year so trade carefully in 2014 as am expecting some money to move out of the market for the campaign. wishing everyone here best of luck.

Happy new year in Advance

THANKS
HAPPY NEW YEAR IN ADVANCE EVERYONE IN THE HOUSE !!!!

Thank You OandO

zaraman: Thank You OandO

Hahhahaha. Oando boys plenty for here ooo. No be small tiny something.
@house, please let us not scare newbies here with our million million.

Newbie please. I have no idea about stocks but pleasen I want to get involved in it by 2014. Please, can any one put me through and help with guidelines? Thanks in advance

By the time Oando is thru in the 1st quarter of this race, Nestle will be throwing away salute to him. Thank you Lord for blessing us wt Oando, what a way to end the year wt SMILES from Oando and UbaCap!

esorison: Newbie please. I have no idea about stocks but pleasen I want to get involved in it by 2014. Please, can any one put me through and help with guidelines? Thanks in advance

Esorison, GUIDELINES u said? Perhaps, it's only a close friend or relative that can u sit u down & put u through. I had to ask my dad about it about 1decade ago.
Nonetheless, my 2kobo advice 4 u is dis: since you are truly verdant, don't rush into stocks yet. Spend time learning about terminologies & market principles. You may read dis thread from d beginning. (I have done that). You may also check investopedia.com
Dont b carried away with the money NOW. Build a solid foundation, read free pdf books about stock trading & options...and u wont fall into d swine of pigs that get slaughtered.

esorison: Newbie please. I have no idea about stocks but pleasen I want to get involved in it by 2014. Please, can any one put me through and help with guidelines? Thanks in advance

Esorison, GUIDELINES u said? Perhaps, it's only a close friend or relative that can u sit u down & put u through. I had to ask my dad about it about 1decade ago.
Nonetheless, my 2kobo advice 4 u is dis: since you are truly verdant, don't rush into stocks yet. Spend time learning about terminologies & market principles. You may read dis thread from d beginning. (I have done that). You may also check investopedia.com
Dont b carried away with the money NOW. Build a solid foundation, read free pdf books about stock trading & options...and u wont fall into d swine of pigs that get slaughtered.