no_shaking:

Live from the Stock Exchange!!

Cadbury FY 2006 Result out - T/O - N19.b Operating Loss - N1.4b; LAT - N4.6b. Q1 to Q3 to be released soon

Also, most insurance stocks currently on the down side for now esp Crusader, UNIC.

Hmmmmmmmmm,if this is live from the floor.I seriously suspect better news is coming out very soon.That stock has already bottomed out.
Wema strategy may be at play here.Give them the bad news first.I may just take position by friday.The bad news could be over.Deals on that stock were up on Tuesday.
Lets see.

FatherOF2:

Hmmmmmmmmm,if this is live from the floor.I seriously suspect better news is coming out very soon.That stock has already bottomed out.
Wema strategy may be at play here.Give them the bad news first.I may just take position by friday.The bad news could be over.Deals on that stock were up on Tuesday.
Lets see.

I am smelling the same rat with Cadbury. If deals are up even with the "bad" results, the smell of the rat is even stronger.

pumping777:

I am smelling the same rat with Cadbury. If deals are up even with the "bad" results, the smell of the rat is even stronger.

NEWSFLASH,

Cadbury went up almost 5% today (ON BAD NEWS) . E be like say na big RAT want take off oh.
Please fellow investors block all exits.

Insurance companies are beginning to show some strain. (little gains today)
Access now N20.00
I'm sure its all the members of this thread that are moving Access.

@Fatherof2, Pumping.

Was surprised that Cadbury appreciated by 4.73% today despite their results.

Something fishy smells around there. Could be another Wema Dejavu.

Insurance stocks taking the hit today. FatherOF2 was certainly right. Only the strong ones survived with strong bids.

@FatherOF2

First Bank appreciated by almost 5% max today. Sounds like our hypothesis may be true.

Hope it continues like this.

FatherOF2:

NEWSFLASH,

Cadbury went up almost 5% today (ON BAD NEWS) . E be like say na big RAT want take off oh.
Please fellow investors block all exits.

we shall not be caught napping again.

Its too early to judge Cadbury but if if does above 4% tomorrow, then there's some rumour we need to feed into fast.

Has anyone got news to share on happenings in Cadbury, results or figures

Please post ASAP

fatherof2,

are we going to see an appreciation of 25% and then pull out or do we stay for a longer ride.what do u think?

ololufemi:

@FatherOF2

First Bank appreciated by almost 5% max today. Sounds like our hypothesis may be true.

Hope it continues like this.

I hope so too oh.But first bank may not sustain it.First bank must come down.They're pioneers of e-certificates and when they list the PO shares next week,it should take a small hit.After the hit,you can position for 9 months results probably due out in late Jan.08 .

blest:

fatherof2,

are we going to see an appreciation of 25% and then pull out or do we stay for a longer ride.what do u think?

I'll stick with Ololufemi's suggestion on Cadbury.Lets see what happens tomorrow (But then it could be too late ).Do you want to venture?.
No venture no success.(Hold on sha.)

FatherOF2:

I'll stick with Ololufemi's suggestion on Cadbury.Lets see what happens tomorrow (But then it could be too late ).Do you want to venture?.
No venture no success.(Hold on sha.)

thanks, lets see how it goes tomorrow.i will hold.

I know gurus on this site are not lovers of NASCON, but am i the only one to notice it has been appreciating for the past 4 days. is there some news make the rounds or something. I have been holding on since the Dangote one day extravaganza and thinking of pulling out now sine my loss position has been reduced. comments please.

I know gurus on this site are not lovers of NASCON, but am i the only one to notice it has been appreciating for the past 4 days. is there some news make the rounds or something. I have been holding on since the Dangote one day extravaganza and thinking of pulling out now sine my loss position has been reduced. comments please.

Same here, been holding since my one day excesses, Any info one this, is it even possible to make a small profit

To Easimoni, Temmie10 and all Gurus in General
i bought NGC @ 13.58 and put my exit point at 20.00, i just gave a sale order just now to my broker as at yesterday it stands at 22.15. i have some stocks in mind to purchase from the proceeds and will need your advise on them, they are
Betaglass and
Ikeja Hotels

Secondly, when do you feel Access and Diamond bank will be too expensive to enter, i am looking at a 3month hold time here

WHO EVER HAS WANAJ0 PHONE NUMBER OR EMAIL ADDRESS SHOULD HELP ME WITH IT PLS.

HELP A BROTHER OUT PLS.

kpineo:

I know gurus on this site are not lovers of NASCON, but am i the only one to notice it has been appreciating for the past 4 days. is there some news make the rounds or something. I have been holding on since the Dangote one day extravaganza and thinking of pulling out now sine my loss position has been reduced. comments please.

This is the jist around Nascon.

Nascon - Rebranding and Product diversification.

No details though.

Please find below company results released today on the floor of the Nigerian Stock Exchange



CONSTAIN (WEST AFRICA) PLC UNAUDITED HALF YEAR RESULT FOR THE PERIOD ENDED 30 SEPTEMBER 2007
2007 2006 CHANGE % CHANGE
N'b N'b N'b %
TURNOVER 1.497 1.457 0.040 2.75
PBT 0.138 0.071 0.067 94.37
TAXATION 0.008 - 0.004 -0.004 -100.00
PAT 0.130 0.067 0.063 94.03


MUTUAL BENEFIT ASSURANCE PLC UNAUDITED THIRD QUARTER RESULT FOR THE PERIOD ENDED 30 SEPTEMBER 2007
2007 2006 CHANGE % CHANGE
N'b N'b N'b %
GROSS PREMIUM 1.709 1.436 0.273 19.01
PBT 0.729 0.886 -0.157 -17.72
TAXATION 0.073 - 0.019 -0.054 -284.21
PAT 0.656 0.867 -0.211 -24.34


I got this from Zenith securities, please gurus in the house, can you help us crunch the figures

NIG-GERMAN is slowly inching itself towards my exit price! Looks like its on task to reach N28-30 before the release of report in Dec

Naijadr:

NIG-GERMAN is slowly inching itself towards my exit price! Looks like its on task to reach N28-30 before the release of report in Dec

are u saying its not right to exit now?

stanchuks:

are u saying its not right to exit now?

Naah just saying that based on my exit price that I set when I bought it at end of Oct. You purchased it at a much better price than I did, so you made the smart choice.
there's a huge demand, but many are not selling, folks are waiting till after results are released in Dec (plus the dividends and bonus hungry hopefuls) which is also helping the stock price. At this rate I'll be issuing a sell order by mid next week anyway

E

upward:


Please find below company results released today on the floor of the Nigerian Stock Exchange



CONSTAIN (WEST AFRICA) PLC UNAUDITED HALF YEAR RESULT FOR THE PERIOD ENDED 30 SEPTEMBER 2007
2007 2006 CHANGE % CHANGE
N'b N'b N'b %
TURNOVER 1.497 1.457 0.040 2.75
PBT 0.138 0.071 0.067 94.37
TAXATION 0.008 - 0.004 -0.004 -100.00
PAT 0.130 0.067 0.063 94.03


MUTUAL BENEFIT ASSURANCE PLC UNAUDITED THIRD QUARTER RESULT FOR THE PERIOD ENDED 30 SEPTEMBER 2007
2007 2006 CHANGE % CHANGE
N'b N'b N'b %
GROSS PREMIUM 1.709 1.436 0.273 19.01
PBT 0.729 0.886 -0.157 -17.72
TAXATION 0.073 - 0.019 -0.054 -284.21
PAT 0.656 0.867 -0.211 -24.34


I got this from Zenith securities, please gurus in the house, can you help us crunch the figures

Excellent results from Mutual Benefits!!! Clearly exceeded expectations. On course for PAT well over 1B Naira.

Costain is in on course to meet target. Good result but not beyond what was expected. I need to get my hands on the PO prospectus. I suspect it will be very interesting.

FatherOF2:

Insurance companies are beginning to show some strain. (little gains today)
Access now N20.00
I'm sure its all the members of this thread that are moving Access.

If it's us, it's only becos u strongly recommended it last week. . Kudos. Now I hope my broker got me some.

pumping777:

E
Excellent results from Mutual Benefits!!! Clearly exceeded expectations. On course for PAT well over 1B Naira.

Costain is in on course to meet target. Good result but not beyond what was expected. I need to get my hands on the PO prospectus. I suspect it will be very interesting.

Lower Profits from Mutual Benefits doesn't look excellent to me.
When there was no money they did better,now they have money they're declaring lower results.
It will take a hit for that as evidenced by todays slight drop.
Good one Costain.Your rights will be fully taken.

@ easimoni, if you have an e-mail addy that you use for NAIRALAND ONLY, can u pls give it to me. i need to share some info with you.
pls reply if u do.

FatherOF2:

Lower Profits from Mutual Benefits doesn't look excellent to me.
When there was no money they did better,now they have money they're declaring lower results.
It will take a hit for that as evidenced by todays slight drop.
Good one Costain.Your rights will be fully taken.

My bad!!! I exchanged the PAT for 2006 with that for 2007. Poor result. Will likely not meet anticipated IB Naira PAT.

shigidi:

@ easimoni, if you have an e-mail addy that you use for NAIRALAND ONLY, can u please give it to me. i need to share some info with you.
please reply if u do.

Share the info with us and we can help you deliver to easimoni

@ Rhemagirl,

Your two suggestions are correct. Some brokers at times sale their shares to their clients at higher price.

Peace.

plz if there is any vacancy in any company or bank try and notify me.am new on this site

@Frances

Go to job section, you will be better off there.

All the best.

@ All

Bought 20,000 units of FCMB at 14.50 before offer. Waiting for TS to be lifted.

Once FCMB gets lifted from TS, I will stay for about a week to ride the bull and hop off when I make some dough.

Will use the money to enter some other stocks later in anticipation of First quarter 2008.

Hope this plan works out.

I seem to be in the wrong stocks, MBenefit, NASCON. Still waiting for Access to perform, no certificate out for oceanic. pips i need to diversify. With MBenefits result, they would probably not hit the 1b target so what next. my average entry was 3.68