bigx:

You arrived at that conclusion via technical or fundamental analysis?

I personally wont touch it, I know it might get to 10 naira but its not my type

Its trading at its year high
I cant remember it paying any dividends
The first quarter results just released show 25% drop in PAT compared to 162% gain same period last year
PE ratio is outrageous

The only redeeming factor is the Investment by UACN which is a stock I've never sold for almost 10 years now and which i believe would improve management.

What are you looking for dividend or capital appreciation? I saw Livestock moves when it was 2.30 and i bought well over
250T now i think i will just cash out and re-enter when it falls. I don't trade for div stocks, i trade base on technical anaysis and that is what is climbing livestock up..

Toluway: Thanks guys. I picked 7up for short cum long term potentials. Strong and durable. Long term brand. It is also dividend paying. I only thought an international reputation like 7up will be more reliable and trustworthy than Dangote on long term basis. I also think that Wapco would be more reliable than Dangote's show in a competitive scenario.Kindly let me know if you dont agree with my outlook Elai, I'm a learner.

I am aware that many of the stocks I mentioned have suddenly faced southward. Ihedioramma you will recall in my post above that I said that I will buy these stocks "when the technical indicator points bullish". One shouldn't blindly jump into the market like that. I'm waiting to jump in when the bus resumes it's Northward escapade. Should I call it Northampton? Thank you for your sensitisation.

We are all learning and like I said in my post... my opinion. I wish u best of luck and hope to learn from your analysis above if it turns out well.

bigx:

Almost all annual reports are out, there'd be a dip in prices for a while if all's normal.
Time to pick bargains.

So you predict the bears will reign in the next few months?

question:
So you predict the bears will reign in the next few months?

It is usually so, but this year the market seems unpredictable so prices might surge as it appears there's renewed interest in the market by retail investors.

I might be wrong but this period I'm investing cautiously, I bought almost all my holdings in tthe last two years mostly late last year and early this year and I've sold almost all at juicy profit

question:
So you predict the bears will reign in the next few months?

I don't think so. The BULL has come to stay. There will be no dull moments. Invest now.

Remember to invite me to your harvest thanksgiving o.

Happy sunday to all investors in the house, looking forward to a bullish week in the stock market

hi nairaland stock guru,i am about going for SKYBANK AND ACADEMY PRESS .are they a good buy ?.i need ur advise.

Please nairaland stock gurus. I need your advice.I am not as educated as many of you here. consequently, I hope you will pardon my bad English and spelling errors.
I have attended many seminars on stock trading but I still don't understand anything about stock trading.
I have invested on about five stocks but not making money.
I have. the companys certificates and some checks with me but I don't know what to do with them. I don't know when to sell as I don't know how my investment is growing.
please I need your kindest assistance in this regard

Welcom. First and formost read the and understand the warning in page one. If you want to be at least 75%. Take patience, relax and read from page one of this tread to the present page courtesy of stokbull et al and the oga at the top. If you are having any kwestion on past tread ask and it shall be answer.

jenbost: Please nairaland stock gurus. I need your advice.I am not as educated as many of you here. consequently, I hope you will pardon my bad English and spelling errors.
I have attended many seminars on stock trading but I still don't understand anything about stock trading.
I have invested on about five stocks but not making money.
I have. the companys certificates and some checks with me but I don't know what to do with them. I don't know when to sell as I don't know how my investment is growing.
please I need your kindest assistance in this regard

jenbost: Please nairaland stock gurus. I need your advice.I am not as educated as many of you here. consequently, I hope you will pardon my bad English and spelling errors.
I have attended many seminars on stock trading but I still don't understand anything about stock trading.
I have invested on about five stocks but not making money.
I have. the companys certificates and some checks with me but I don't know what to do with them. I don't know when to sell as I don't know how my investment is growing.
please I need your kindest assistance in this regard

jenbost: Please nairaland stock gurus. I need your advice.I am not as educated as many of you here. consequently, I hope you will pardon my bad English and spelling errors.
I have attended many seminars on stock trading but I still don't understand anything about stock trading.
I have invested on about five stocks but not making money.
I have. the companys certificates and some checks with me but I don't know what to do with them. I don't know when to sell as I don't know how my investment is growing.
please I need your kindest assistance in this regard

stockbull:




retracement line is moving in alternate showing that some high may just become the new low.there are some past low price that would turn to history.now the question is that how do we recognize a new low now.the market hit 12 trillion mkt cap and will definitely cross as we're moving into the last month of the 2nd quarter.

Oga, wat r ur stock picks for the new week.
@all ogas at d house? Wat do u think?

jenbost: Please nairaland stock gurus. I need your advice.I am not as educated as many of you here. consequently, I hope you will pardon my bad English and spelling errors.
I have attended many seminars on stock trading but I still don't understand anything about stock trading.
I have invested on about five stocks but not making money.
I have. the companys certificates and some checks with me but I don't know what to do with them. I don't know when to sell as I don't know how my investment is growing.
please I need your kindest assistance in this regard

Firstly, open a CSCS account via any reputable stockbroker or investment houses around. You will be needing minimum of 50K naria or share certificates of stocks equivalent to that sum.
Secondly, apply for demurualization(converting paper share/stocks certificate to electronics format) of those certificates you are holding currently .
Thirdly, bookmark and follow this thread committedly while asking question where need be.
Fourthly, be a registered member of the following two websites: www.stockmarketnigeria.com and www.investopedia.com
The former teaches you Nigeria equity investmemts: Analysis, Macroeconomics, Microeconomics, Politics etc, as they solely affect nigeria equity investments. The latter teaches you the competencies of being an independant equity analyst. It presents to you all the neccessary tools you will be needing to analyze an company/stock on any global index.
Fiftly, read, read and read good books on financial intelligence, equity investmenst and analysis. You may start with the underlisted ones;
a. Interpretation of financial statements by Benjamin Graham
b. Security Analysis by Graham & Dodd
c. Little book that beats the market by Joel Greenblatt.
d. Investment madness by John Nofsinger
e. Follow fellow investors both locally( ugodre, madam mercy, B2bR, Jamace, Red oil, KOD, Horlads, Hisppy, Nosa2, Oracle etc) and global(Buffet, Trump, Peter Lynch, Shelby & Christopher Davis etc).
f. Don't forget to say thank you.
Happy Investing.

I learned from my readings that the mentality to sell at May and re-enter the market at October has been propagated to experienced players. Accordig to this exposition, the big guns who have the money to control the direction of the trend sells their equity at this period, waiting to re-enter by oct or nov. No wonder the bulls that you see now.

I'm waiting to see how it's going to be, because I am just launching a come back after 2008 stock imbroglio. I wasn't hard hit though, eventhough I invested just because I saw people buying shares , ignorantly sold and "chop beleful' from gtb and zenith bank shortly b4 the crash.

I sold, just because I needed money to pay rent and fund my forex trading account, not out of knowledge. It was just my Union Bank unharvested bounty that went down the drain and no regret about my Oando shares then, as nothing good has ever been coming from this, stock from my own perspective.

So I was only luck before the crash. My Union Bank and Oando are still in the state of comatose. While my Zenith Bank bonus remains juicy and yet to be harvested. A reliable stock like Zenith will always remain reliable.

mercylicious:

Oga, wat r ur stock picks for the new week.
@all ogas at d house? Wat do u think?

given stock pick for the week is not an easy thing to do one must be at least 60% sure of what he is given out. As for me gtb is dropping after thier award. I am hoping that FSBNH and Zenith bank will move northward this june.

I learned from my readings that the mentality to sell at May and re-
enter the market at October has been propagated to experienced
players. Accordig to this exposition, the big guns who have the money
to control the direction of the trend sells their equity at this period,
waiting to re-enter by oct or nov. That is probably why we are seeing these bulls.
What is your opinion about this?

9free:
Firstly, open a CSCS account via any reputable stockbroker or investment houses around. You will be needing minimum of 50K naria or share certificates of stocks equivalent to that sum.
Secondly, apply for demurualization(converting paper share/stocks certificate to electronics format) of those certificates you are holding currently .
Thirdly, bookmark and follow this thread committedly while asking question where need be.
Fourthly, be a registered member of the following two websites: www.stockmarketnigeria.com and www.investopedia.com
The former teaches you Nigeria equity investmemts: Analysis, Macroeconomics, Microeconomics, Politics etc, as they solely affect nigeria equity investments. The latter teaches you the competencies of being an independant equity analyst. It presents to you all the neccessary tools you will be needing to analyze an company/stock on any global index.
Fiftly, read, read and read good books on financial intelligence, equity investmenst and analysis. You may start with the underlisted ones;
a. Interpretation of financial statements by Benjamin Graham
b. Security Analysis by Graham & Dodd
c. Little book that beats the market by Joel Greenblatt.
d. Investment madness by John Nofsinger
e. Follow fellow investors both locally( ugodre, madam mercy, B2bR, Jamace, Red oil, KOD, Horlads, Hisppy, Nosa2, Oracle etc) and global(Buffet, Trump, Peter Lynch, Shelby & Christopher Davis etc).
f. Don't forget to say thank you.
Happy Investing.

Yes, I'll forever be grateful for your help. I am going to take it one step at a time for a journey of a thousand miles begin with a step.
how do I open the cscs account? what's the requirement. how do I go about it.
thanks in anticipation of your response

jenbost:





Yes, I'll forever be grateful for your help. I am going to take it one step at a time for a journey of a thousand miles begin with a step.
how do I open the cscs account? what's the requirement. how do I go about it.
thanks in anticipation of your response

Simple, look for reputable stockbroker in your current location or a stockbroker with good online infrastructure...

WELLCOME TO NEW WEEK NEW MONTH NEW HOPE EVERY BODY . FOR ME O, PEOPLE THAT WANT TO BUY THIS WEEK DO YOUR OWN HOME WORK ON THIS THREE STOCK'S UBA,COSTAIN AND OANDO OIL . FOR OTHER STOCK'S IS NOT GOOD TO BUY NOW EXAMPLE OKOMU OIL, SKYE BANK E.T.C . HAPPY NEW WEEK NEW MONTH NEW HOPE NEW INVESTMENT ONE LOVE.

9free:
Simple, look for reputable stockbroker in your current location or a stockbroker with good online infrastructure...

I don't know of any investment house or a stock broker. whould you want to recommend one?
regarding demurualization, where will I do that and how?
good morning.

jenbost:





I don't know of any investment house or a stock broker. whould you want to recommend one?
regarding demurualization, where will I do that and how?
good morning.

H made a typo its dematerialization, ask your stockbroker. I use CashCraft, Amyn Investments InvestmentOne and Mertrade

Ugometrics.com rate vitafoam a buy at current price - N3.48

bigx:

H made a typo its dematerialization, ask your stockbroker. I use CashCraft, Amyn Investments InvestmentOne and Mertrade

Thanks bro I will contact cachcraft and see if they will be able to help

jenbost:

Thanks bro I will contact cachcraft and see if they will be able to help

Good move

bigx:

He made a typo its dematerialization, ask your stockbroker. I use CashCraft, Amyn Investments InvestmentOne and Mertrade

Thanks for the correction. Na phone-typo be that.

ihedioramma: WELLCOME TO NEW WEEK NEW MONTH NEW HOPE EVERY BODY . FOR ME O, PEOPLE THAT WANT TO BUY THIS WEEK DO YOUR OWN HOME WORK ON THIS THREE STOCK'S UBA,COSTAIN AND OANDO OIL . FOR OTHER STOCK'S IS NOT GOOD TO BUY NOW EXAMPLE OKOMU OIL, SKYE BANK E.T.C . HAPPY NEW WEEK NEW MONTH NEW HOPE NEW INVESTMENT ONE LOVE.

. @ ihedioramma, thanks 4 ur tips; but am planning to buy into skye bank this week cos d price is what I term fair, so from ur point of view whts wrong with the stock (skye bank), I need ur advice or explanation, even d possible entering price u can buy in, if u were to buy it. Thanks pal

9free:
Good move

just visited cashcraft but the email address is not on their website. if you have it, kindly send it to me.
I hope I'm not disturbing.
Thanks.

jenbost:

just visited cashcraft but the email address is not on their website. if you have it, kindly send it to me.
I hope I'm not disturbing.
Thanks.

Not at all. It's always a pleasure helping a fellow investor.
I don't have cashcraft email as I have not had a deal/relationship with them.
Am pretty sure that my other Oga's in the house that used/using cashcraft will soon relay that information you need to you.

nereiskc: . @ ihedioramma, thanks 4 ur tips; but am planning to buy into skye bank this week cos d price is what I term fair, so from ur point of view whts wrong with the stock (skye bank), I need ur advice or explanation, even d possible entering price u can buy in, if u were to buy it. Thanks pal

For me, N4.00 is my best entry price for Skye bank.

jenbost:

just visited cashcraft but the email address is not on their website. if you have it, kindly send it to me.
I hope I'm not disturbing.
Thanks.

Contact miebaka.wakama@cashcraft.com, that's who opened my account.

9free:
Not at all. It's always a pleasure helping a fellow investor.
I don't have cashcraft email as I have not had a deal/relationship with them.
Am pretty sure that my other Oga's in the house that used/using cashcraft will soon relay that information you need to you.

you can also try chappelhill and deham securities 25 saka tinubu street. If you are in lagos take a bus from cms going to adeola odeku drop at last busstop. You can transact with them online without visiting them. I.e after you have registered in person. (My oga at the top i hope their is no offence putting the above address in this forum)

jenbost:

just visited cashcraft but the email address is not on their website. if you have it, kindly send it to me.
I hope I'm not disturbing.
Thanks.

You can contact them on the following lagos@cashcraft.com,ikeja@cashcraft.com,yaba@cashcraft.com
Phone Nos 2694287-9,4612207,2701678-9.
7th Floor,2A Osborne Rd,Ikoyi Lagos.
Suite 6 and 7 Motorway Avenue opp.7up Alausa Ikeja.
2nd floor,Law union and Rock building,14 Hughes Avenue Alagomeji Yaba.

9free:
Not at all. It's always a pleasure helping a fellow investor.
I don't have cashcraft email as I have not had a deal/relationship with them.
Am pretty sure that my other Oga's in the house that used/using cashcraft will soon relay that information you need to you.

I got this from NSE webpage:
Cashcraft Asset Management Limited
Head Office Address Foreshore Towers, 2A Osborne Road, Ikoyi, Lagos
Phone Numbers 08052909000,(MD) 08056004610,

2. 08022909538 (Broker)

3. 08054011327 (Broker) 08054011327, 08057003704, 08055410001, 08023060196, 08052266243, 08058011559, 08023156903, 08052909000 (MD)
4Email:lagos@cashcraft.com