BayoAA: Kindly advise on 3-5 stocks worth buying but not more than 5.00k per unit. Thanks

The unit share price of a stock is completely irrelevant when making investment decisions. What matters is the ratio of the share price of the stock to the long term value of the fraction of the company that each share represents. A 5 Naira stock could be too expensive while at the same time, a 500 Naira stock could be ridiculously cheap.

chukyjones:
hello sellydion, what do you think of CCNN ?

My friend almost all cement coys are ticked buy by StanbicIBTC. The stock seems good at the current place historically ,it usually rest before taking the next move. Hence hope for a small pull back.Then enter if you wish you wont loose sleep.

Buy this stocks now for your own good. Skye bank( good dividend coming), unity bank( u all be suprised at the new reconstructed value) cos the management will definitely want to hoard the shares now for it to go up before applying the one to three ratio for their reconstruction. Anyone with clue of when oando crediting cscs account with the rights issues? When is firstbank fye meet coming up? D wait is too long. More grease oga stockbull&feel among. Stock has taught me two precious values- patience and contentment.

House, please any news of BONUS by any company? Me I prefer bonus to dividend o. _olivertwist

I THANK YOU ALL MY PEOPLE, WHAT CAN YOU SAY ABOUT THIS STOCK'S THAT COME OUT FROM UBA? UBCAP,AFRIPRUD LIKE WHAT PRICE DO YOU THINK THE STOCK'S CAN REACH?

jamace: House, please any news of BONUS by any company? Me I prefer bonus to dividend o. _olivertwist

THE SAME THING WITH ME OOOO.... HAS ANY ONE PAY BONUS OR WERE DO WE HOPE TO SE IT?

valacious: Buy this stocks now for your own good. Skye bank( good dividend coming), unity bank( u all be suprised at the new reconstructed value) cos the management will definitely want to hoard the shares now for it to go up before applying the one to three ratio for their reconstruction. Anyone with clue of when oando crediting cscs account with the rights issues? When is firstbank fye meet coming up? D wait is too long. More grease oga stockbull&feel among. Stock has taught me two precious values- patience and contentment.

Comrade, if the news of reconstruction is true. It is better to bail out until you are sure of what the market is saying about unity. for now it may seem rouse for unity Bank due to manipulation, but if a manipulation is not justified market will correct it as a matter of time. Be sure of where you put your money. Also be careful you may have your fund tie down for some time.

Seun:
The unit share price of a stock is completely irrelevant when making investment decisions. What matters is the ratio of the share price of the stock to the long term value of the fraction of the company that each share represents. A 5 Naira stock could be too expensive while at the same time, a 500 Naira stock could be ridiculously cheap.

@seun, i thought you said you dont buy stocks how come you know so much....Hmmmm...#justcurious#

Born 2be Rich: @seun, i thought you said you dont buy stocks how come you know so much....Hmmmm...#justcurious#

I intend to buy shares, but I haven't bought any yet because I don't understand any company well enough to be sure that its shares are cheap.

Guys please what are the prospects ƒσя Access stocks? Can i buy ƒσя a medium term like 3 months? God bless you all!

Seun:
I intend to buy shares, but I haven't bought any yet because I don't understand any company well enough to be sure that its shares are cheap.

But do you think you might sell Nairaland shares anytime soon?

InesQor:

But do you think you might sell Nairaland shares anytime soon?

dotcom stock? I no go buy.

feelamong:

My Oga.. the way you look at stocks is quite funny at times!

If I were you I will use this period to mop up good stocks like NASCON! John holt, C& I leasing and FTN Cocoa has always been a scam and I have advised people to stay away from them.

What is funny! Firstly, you might have been confused as there was mistake typing (no) instead (now). As i informed investors the minds of investors yesterday.
I would like to say that, there is nothing like scam in the market. Tricks are part of business as no company has ever gone to investors houses to take their money.
Why do you have to mop up nascon.the company has a lot of competitors in the salt industry and not the leader anyway.interest on salt consumption get thinner everyday and people want to avoid evolutionary diseases. Dangote is not even taking national salt seriously as dangote flour, sugar and cement.
Although nascon has not dip over the years but was around #9 since 2009 till date. Truly,there is consistence in dividend pay out but is always 50 kobo which is a little above five percent. There are many stock that would do much better. Nascon is not the stock to invest heavily on.

only those that can easily GET IN AND OUT OF THE MARKET SHOULD INVEST ON LOW CAP STOCKS NOW. This is caution.
Profit taking on oando as investors were suprised;The stock may dip to #17 before continuing uptrend.
diamond seems moderate and will hit #9 with patience.
uba will hit #10 next week

InesQor:

But do you think you might sell Nairaland shares anytime soon?

I dey laugh all una wey wan comot word from seun's mouth. I ve seen this same question like 5times (today alone) on this forum.

gosj: Guys please what are the prospects ƒσя Access stocks? Can i buy ƒσя a medium term like 3 months? God bless you all!

Predictions for the banking sector, now, is very positive, especially as their 2012 year-end results are expected. However, even among the banks, there are banks that appear to be better bargains than others at current prices, unless of course, you are privileged to have some "insider" information.

Seun:
I intend to buy shares, but I haven't bought any yet because I don't understand any company well enough to be sure that its shares are cheap.

I am really glad that you are studying some books from warren buffet and also following investment forums on the website and other websites....You can also read books like Trading for a Living by Dr Alexander Elder,Psychology of stock market success by David Dreman, Management in 10 words by Terry Leahy...You can get some specific stock trading parameters to use when detecting or scanning for potential stock to trade in which i stated in page 15...

@Nigeria stock exchange:

Results are beggining to pour out gradually as VANLEER(GREIF) declares 30 kobo dividend in '12 Audited result...See information below:


N'000
N'000
AGM Venue
Date Of Payment
22nd April 2013
Rockview Hotel, Apapa, @ 11.00 a.m.
Proposed Dividend
30 kobo
Qualification Date
15th March 2013
Closure Date
18th March 2013
AGM Date
16th April 2013
Cash/ Bank Balance at the Beginning of the Period
96,120
74,944
Cash/ Bank Balance at the End of the Period
128,269
96,120
CORPORATE ACTION
Proposed Bonus
NIL
Net Cash used in Financing Activities
(18,830)
(59,090)
Net increase/(decrease) in Cash and Cash Equivalents
32,149
21,176
Net Cash Generated From Operating Activities
65,792
92,812
Net Cash used in Investing Activities
(14,813)
(12,546)
Statement of Cash Flow
31/10/2012
31/10/2011
Working Capital
397,622
348,156
Net Assets
390,565
366,971
Other long term liability
233,346
225,094
Total Liabilities
319,951
329,945
Deferred taxation
8,861
645
Gratuity & Retirement benefit provision
1,857
2,295
Trade and other payables
50,865
79,444
Taxation
28,332
22,467
Cash & Bank balances
128,269
96,120
Total Assets
713,816
696,916
Inventories
133,420
128,143
Trade & other receivables
215,120
225,804
Statement of Financial Position
31/10/2012
31/10/2011
Fixed Assets
237,007
246,849
Earnings/(loss) per share (kobo)
85
90
Taxation
(19,682)
(33,198)
Profit/(loss) after taxation
36,386
38,382
Net financing charges
-
(1,570)
Profit/(loss) after taxation
56,068
71,580
Other income
569
76
Profit before interest and taxation
56,068
73,150
Admin Expenses
(67,480)
(84,020)
Exchange (loss)/gain
(3,574)
234
Operating profit
129,553
160,451
Distribution expenses
(3,000)
(3,591)
Turnover
748,664
879,498
Operating Costs
(619,111)
(719,047)
COMPANY
Statement of Comprehensive Income
CURRENT
PRIOR YEAR
31/10/2012
31/10/2011
GREIF NIGERIA PLC
AUDITED YEAR-END OCT 2012


Source: www.nse.com.ng

stockbull:

What is funny! Firstly, you might have been confused as there was mistake typing (no) instead (now). As i informed investors the minds of investors yesterday.
I would like to say that, there is nothing like scam in the market. Tricks are part of business as no company has ever gone to investors houses to take their money.
Why do you have to mop up nascon.the company has a lot of competitors in the salt industry and not the leader anyway.interest on salt consumption get thinner everyday and people want to avoid evolutionary diseases. Dangote is not even taking national salt seriously as dangote flour, sugar and cement.
Although nascon has not dip over the years but was around #9 since 2009 till date. Truly,there is consistence in dividend pay out but is always 50 kobo which is a little above five percent. There are many stock that would do much better. Nascon is not the stock to invest heavily on.

Ogas no need to quarrel, over a little matter. There are many ways to kill a rat. Important thing is that, rat is killed. Feelamong is a conservative investor,NASCON is good and will break out of consolidation just like any other stock. It makes you not to be over curious. Stockbull, is more agressive I love your picks and various commentaries. It actually help. You may not go wrong.

From my observation both of you have been around for sometime in this business. We can only choose based on our temperament ( conservative or aggressive). Both work

CEO,

I have sent you the ebooks two times. Kindly check your gmail and help us to upload them as promised.

Thanks

@Born to B Rich, I attached an image of the above result - October 31, 2012 Year-end results of Vanleer(Greif Nigeria PLC). it may make better organisation.

In my own opinion, despite the dividend(which is even just about 2.3% dividend yield), declining turnover and PAT are not things to write home about.

Source - www.proshare.com

chillykelly86: @Born to B Rich, I attached an image of the above result - October 31, 2012 Year-end results of Vanleer(Greif Nigeria PLC). it may make better organisation.

In my own opinion, despite the dividend(which is even just about 2.3% dividend yield), declining turnover and PAT are not things to write home about.

Source - www.proshare.com

Thanks for the attached image bro....I actually wanted to post this particular image but i dont know if i will be banned....I am yet to understand the mod requirements on this forum...

@ STOCKBULL & @ BORN 2be RICH, I need your reply urgently on this, I intend to buy ABTRANSPORT just because it has been added to †нє stock making stock, please ΨђåƮ are your stakes about this

Born 2be Rich: @Nigeria stock exchange:

Results are beggining to pour out gradually as VANLEER(GREIF) declares 30 kobo dividend in '12 Audited result...See information below:


N'000
N'000
AGM Venue
Date Of Payment
22nd April 2013
Rockview Hotel, Apapa, @ 11.00 a.m.
Proposed Dividend
30 kobo
Qualification Date
15th March 2013
Closure Date
18th March 2013
AGM Date
16th April 2013
Cash/ Bank Balance at the Beginning of the Period
96,120
74,944
Cash/ Bank Balance at the End of the Period
128,269
96,120
CORPORATE ACTION
Proposed Bonus
NIL
Net Cash used in Financing Activities
(18,830)
(59,090)
Net increase/(decrease) in Cash and Cash Equivalents
32,149
21,176
Net Cash Generated From Operating Activities
65,792
92,812
Net Cash used in Investing Activities
(14,813)
(12,546)
Statement of Cash Flow
31/10/2012
31/10/2011
Working Capital
397,622
348,156
Net Assets
390,565
366,971
Other long term liability
233,346
225,094
Total Liabilities
319,951
329,945
Deferred taxation
8,861
645
Gratuity & Retirement benefit provision
1,857
2,295
Trade and other payables
50,865
79,444
Taxation
28,332
22,467
Cash & Bank balances
128,269
96,120
Total Assets
713,816
696,916
Inventories
133,420
128,143
Trade & other receivables
215,120
225,804
Statement of Financial Position
31/10/2012
31/10/2011
Fixed Assets
237,007
246,849
Earnings/(loss) per share (kobo)
85
90
Taxation
(19,682)
(33,198)
Profit/(loss) after taxation
36,386
38,382
Net financing charges
-
(1,570)
Profit/(loss) after taxation
56,068
71,580
Other income
569
76
Profit before interest and taxation
56,068
73,150
Admin Expenses
(67,480)
(84,020)
Exchange (loss)/gain
(3,574)
234
Operating profit
129,553
160,451
Distribution expenses
(3,000)
(3,591)
Turnover
748,664
879,498
Operating Costs
(619,111)
(719,047)
COMPANY
Statement of Comprehensive Income
CURRENT
PRIOR YEAR
31/10/2012
31/10/2011
GREIF NIGERIA PLC
AUDITED YEAR-END OCT 2012


Source: www.nse.com.ng

i give kudos to you.
I love the short title placed above the post. It makes your post to be seen by more finders.no learner, no teaching.we need more people to benefit from our work

Ejiekwu 1: @ STOCKBULL & @ BORN 2be RICH, I need your reply urgently on this, I intend to buy ABTRANSPORT just because it has been added to †нє stock making stock, please ΨђåƮ are your stakes about this

you need to be patient. That it will be a market maker does not mean the stock will be gaining ten percent just like that. The stock may dip before it could move up

stockbull:

i give kudos to you.
I love the short title placed above the post. It makes your post to be seen by more finders.no learner, no teaching.we need more people to benefit from our work

Thank you my oga at the top...

Ejiekwu 1: @ STOCKBULL & @ BORN 2be RICH, I need your reply urgently on this, I intend to buy ABTRANSPORT just because it has been added to †нє stock making stock, please ΨђåƮ are your stakes about this

I think it is better to wait for results to start pouring in....Definately ABC trans being added to the making stock will have a positive impact but lets see how the market will react first when results start to set in....However you can decide to balance in this bus as i have a feeling that it will move up...I noticed that there was a strong bid for it on monday/tuesday maybe some people got the news about this before it was released...

nigeria stock exchange.
Even strong stocks secured loss.
The market is so much responding to news.the market always relax on thursdays and fridays.
Companies are coming out big to raise funds. This shows the market is coming out to be strong. I wonder if any company could succeed raising fund in the last two years.

Born 2be Rich:

Thanks for the attached image bro....I actually wanted to post this particular image but i dont know if i will be banned....I am yet to understand the mod requirements on this forum...

You're welcome bro.
I think some of the rules, basically, are _
- pictures that are relevant to the topic in question are allowed.
- External links that contain more comprehensive information on the topic/reply in question are even highly welcomed.

stockbull: nigeria stock exchange.
Even strong stocks secured loss.
The market is so much responding to news.the market always relax on thursdays and fridays.
Companies are coming out big to raise funds. This shows the market is coming out to be strong. I wonder if any company could succeed raising fund in the last two years.

U r very right. Trends- share price usually fall thursday and friday , they are usually high monday, tues and/or wednesday. I've noticed this trend so I advise dt if u have a stock in mind, u can monitor and buy on thursday and friday (when there is a likely dip in price) and if u intend to sell, monday, tues and or wed may have the best price. There are exceptions ooo. But just have this in mind while u monitor ur stocks.

nereiskc: Greetings my friends, it has been a while now. For me Oando is a stock to watch, I see it hit N25 b4 month end. For those of us that took my advice earlier when it was N13 and then their right issue were on, just monitor it, on the 1st lost, better off load cos that's my plan. But if u r in love wit d stock, still hang on.......finally, 4 those arguing that oando is dead stock, I knw experience hv though u lesson. TIP: once a company is on IPO and OPO or right issue, evalute d company if is under valued at primary market (NSE), just take position cos after the offer, there will b upwards movt of price B4 d newly offered units r absorb sequentially leading to price adjustment...

This oando stock is voodoo investment. Any company that goes to the market to raise twice as much as its current working capital/assets will gamble the money. The capital raised has not been tested, then how do you price or value freshly raised capital. This is just as if the company is starting business afresh. I wonder what are the people buying in oando shares. This was what led to the failure of our Banks: raised money from shareholders, gambled with the money because they didn't know what to do with and falsely assured by our central governor that all was well with our banks. If you have to buy the stock it should be for very very short time. For me I am out, I have learnt my lesson.

is it a government financed company? A corporate company gambling! Oando is expanding her coast in business and intend to venture in other businesses since oil is now discovered in many african countries and in many parts of america and also to strengthen their current business so as to be vibrant.