PLEASE ANY NEWS ABOUT WHEN OCEANIC CERTIFICATE WILL BE OUT?
COS I BOUGHT 155,000 SHARES. I,M DESPERATE AND WAITING TO GET MINE.
SINCE I,M BASED IN THE UK. SO I NEED TO MONITOR MY INVESTMENT.
THANKS N GOD BLESS U ALL.

Roland E:

PLEASE ANY NEWS ABOUT WHEN OCEANIC CERTIFICATE WILL BE OUT?
COS I BOUGHT 155,000 SHARES. I,M DESPERATE AND WAITING TO GET MINE.
SINCE I,M BASED IN THE UK. SO I NEED TO MONITOR MY INVESTMENT.
THANKS N GOD BLESS You ALL.

looks like the certs are out

my stock broker told me yesterday that it is not out.
cos i wanted to sell now @ N28 and re-invest into insurance
companies at the current low low prices.
thanks.

Selling Oceanic to plunge into insurance?, abeg softly o. I am learning that one should be wary of selling his blue-chips anyhow. Stocks such as Dangote, Zenith, and Oceanic should be sold only when they are at unbelieveable premium, and it is wise to get in as quick as possible. The bottom line is that, don't sell a fundamentally strong stock because u want o go with the hype. I almost sold all my Zenith to buy heavily into NASCON. Abeg we all need wisdom with NSE

Roland E:

my stock broker told me yesterday that it is not out.
because i wanted to sell now @ N28 and re-invest into insurance
companies at the current low low prices.
thanks.

if you have a CSCS acct already, oceanic will probably credit it directly.they are pioneering that new trend in naija. otherwise, you will need to be patient

like someone already advised you and considering tha fact that you said you're new to stock investing, i will advise that you dont sell a stock that has given you close to 100% capital gains in less than a year and even before you receive the certificate to go and buy insurance stocks

if you are attracted to insurance stocks, i think you should source a different fund for it rather than liquidating a high performing stock like oceanic. believe me, you want to still hold that oceanic for some time

ABOUT OCEANIC BANK CERT.PLS I WANT TO REALLY KNOW IF OCEANIC BANK HAS REALLY STARTED CREDITING PPLES ACCOUNT FOR MY STOCKBROKER KEEP TELLING ME THAT IT,S NOT YET OUT, I WONDER THE JOB OF SOME OF THESE BROKERS AS THEY ARE ALWAYS LATE IN INFORMATION. PLS BE PRESCISE OF THE INFORMATION , THANKS FOR YOUR CONCERN

Did anyone see WEMA Bank's half year result? PAT is N6.46billion

WEMA H2 Results out!

                    2007                  2006
T/O               20.5b                 11.75b
PBT               7.61b                   4.24b
PAT               6.47b                   3.39b

Nice one! Very pleasing to my eyes   . Now on target to hit N15 soon!

no_shaking:

WEMA H2 Results out!

2007 2006
T/O 20.5b 11.75b
PBT 7.61b 4.24b
PAT 6.47b 3.39b

Nice one! Very pleasing to my eyes . Now on target to hit N15 soon!

that sounds sweet.
where did you get this info?

From IBTC News Flash

WEMA Half Year Result September 2007

2007 2006 %
T/O 20.5b 11.75b 75.20%
PBT 7.61b 4.24b 79.46%
PAT 6.47b 3.39b 90.68%

IBTC News Flash

The name is Ololufemi an I am really happy about this thread. Well soon be celebrating a double century 200 pages soon.
Just got some latest news on Wema Bank. please Check it out.
To all the gurus that hold Wema shares, its a funfilled ride to cloud 9. See you at the top.

Its a great time to give thanks to GOD.

                                         2007      2006
Gross Earnings (Bns)           20.593               11.754          75.20%
PBT                                       7.609                   4.240          79.46 %
PAT                                       6.468                    3.392         90.68%



Cheers.

pls fellow landers, is it adviceable to go for transcorp now that its at the low price, i bough their ipo @ n7.5 but now below n4. can i buy more now in order to make up for my initial loss?

Just seeking for some extra advise from Pumping777, Easimoni and any other guru on the floor of the Nairaland Stock Exchange.

I bought UBA at N51 and Oceanic at N31.

Do you guys think they are worth holding on to. Need to make some quick decision about this.

Also wanted to enquire when the Oceanic and First Bank certificates will be out.

thirdly, what stocks are we to look out for between now and december so that we can purchase them.

Thanks an its good to ride the WEMA horse.

Hi Seun,

I have been following up on this stock market tips for sometime and have found it very informative. I am working on a huge "Youth empowerment" project that concerns investment and i want to chat with you about it. i am sure with the vast number of posts on this topic, it will not be too difficult for me to meet my expectations.
please let me know how i can reach you.

Ojekere@yahoo.com

hispy99:

Did anyone see WEMA Bank's half year result? PAT is N6.46billion

They are on target to exceed PAT of N10B! More on this later

hispy99:

Did anyone see WEMA Bank's half year result? PAT is N6.46billion

Share price crossed the magical N14.19 and you can be sure this is the opening price for tomorrow_{dont need BIGBOY LARRY's crystal wotsit called}!

Fidelity offer extended to Nov23rd for those interested.

http://www.proshareng.com/myproshare/portal_news.php?id=3165

Guys Guys Guys.
I think we should support Mr Jim the Dream Ovia and Zenith bank. The man works like , and he delivers on his deliverables (Share Price Appreciation) and (Dividend Pay out). I strongly support Jim Ovia. If you want to join me, its going to be a jolly rie.

Also lets start discussions for this topic, (Stock picks for 2008)

I also realised that the more risks you take, the higher your returns in terms of diversification of your stock holdings

The more units of a profiatble stock you hold, the more your rewards.

zenith aint paying me for this but a word of advice,

let's ride the Zenith cable cart to the peak of the mountain

Its time to eat your cake and have it.

Zenith Bank, In your best Interest.

Wema's result is the bomb!!!
Few months ago, when i was shouting "buy wema!", i was predicting a full year part of 6.4B based on qtr1 result of 1.6B,
Now, their half year result is even more than my projected PAT.
Enjoy your loot, people!!!

Temmie10:

Wema's result is the bomb!!!
Few months ago, when i was shouting "buy wema!", i was predicting a full year part of 6.4B based on qtr1 result of 1.6B,
Now, their half year result is even more than my projected PAT.
Enjoy your loot, people!!!

60% of my WEMA has gone for > N14_{sell order to Mr Stockbroker} and the rest hedged against the share price rallying to between N18-20 post TS definitely this is a done deal with the results i'm loooking at unless my eyes are deceiving me

Also heard from the grapevine's estate that Zenith is probably planning a merger with ETB. If this is true and comes to fruition, The enlarged entity would be a virile strong bank.

ETB currently enjoys servicing the accounts of GLO and CONOIL(Upstream/Exploration and Downstream/Marketing). These two accounts are ready cash cows and would have enough sweetened milk till  

This is what I think may happen, so take up the Zenith offer as soon as possible.

This is a lovely christmas gift for all Nigerians.

I can assure us all that we aint seen any boom yet in the Stock market. 2008 is going to be great

Remember, Mr Jim the Dream Ovia would give you a wonderful christmas with this offer.

These Wema guys are great artistes, they know how to play this game!
Men i am loving this, i am loving WEMA

The forward PE Ratio for WEMA is 11 compare that with the sector average of  26.14 and forward EPS=1.28  only 10 other banks have  forward EPS >1.0.  I don't even want to comment on what the fair value of this stock should be i will give you a hint though: _{divide the sector average PE by WEMA  PE ratio and multiply your answer by the current share price please keep the answer to yourself}

Temmie10:

Wema's result is the bomb!!!
Few months ago, when i was shouting "buy wema!", i was predicting a full year part of 6.4B based on qtr1 result of 1.6B,
Now, their half year result is even more than my projected PAT.
Enjoy your loot, people!!!

They do this when I've taken 75% of my Wema off the table? So much for the TS gist. No way this stock isn't doing 5% daily for the next week. N18 on Monday next week.

easimoni:

They do this when I've taken 75% of my Wema off the table? So much for the TS gist. No way this stock isn't doing 5% daily for the next week. N18 on Monday next week.

The only thing that stopped me from selling my WEMA @N8 was because you mentioned that 80% of your portfolio is WEMA_{r u a genius or what?}

Many igbosas to you!

easimoni:

They do this when I've taken 75% of my Wema off the table? So much for the TS gist. No way this stock isn't doing 5% daily for the next week. N18 on Monday next week.

Are we still on for the merry-go-round ride on Ikeja hotels?

This WEMA na ilabe!!!, chei,

I should have bought it at N10, anyway God dey??

Roughcut et all -- enjoy your loot.

yodiyokun:

This WEMA na ilabe!!!, chei,

I should have bought it at N10, anyway God dey??

Roughcut et all -- enjoy your loot.

Jesu loba

RoughCut:

Are we still on for the merry-go-round ride on Ikeja hotels?

Ol boy, I've issued my buy order and I'm waiting for my broker to confirm the purchase.
As per the Wema success, na God O! I'd never have predicted Wema getting to 18 when I bought in Jan. But it validates both things I always look out for in "home-run" stocks, just coming out of debt (or goodwill/bad loans or losses) and having a very (relatively) low forward PE. In both regards, Wema exceeded my expectations.

easimoni:

Ol boy, I've issued my buy order and I'm waiting for my broker to confirm the purchase.
As per the Wema success, na God O! I'd never have predicted Wema getting to 18 when I bought in Jan. But it validates both things I always look out for in "home-run" stocks, just coming out of debt (or goodwill/bad loans or losses) and having a very (relatively) low forward PE. In both regards, Wema exceeded my expectations.

That's the first thing on my to-do list for tomorrow_{issue a BUY order to Mr Stockbroker} what more can i say? So ikeja hotels and possibly Dunlop are next on the booty list

The love of WEMA is the beginning of wisdom. End of story.