toyibanj:

@Wanaj0
Is it time to start thinking of exiting NigeriaGerman. Bought over 4 months ago. Made a good healthy margin Please check your SMN in-box for a PM
thanks

Don't get it are u speculating that NGC is going down from this current high?
Am of the opinion that its has crossed #20 for good,
Hence why sell now, Or put it another way which coy are u going 2 invest in now?  

,
I dont know, my two CSCS nos are all numeric sha, the CHN nos is a mixture of numbers and alphabets.
Cheers

Have a N28.00 target for Nigerian German by Mid 2008. I expect a bonus next year. I am in it for the Long term though.

Fundamentals for me should be the key word now. So Flour Mills, Dangote Sugar, WAPCo, Diamond are teh stocks on my BUY list

NGC is prob one of the best out there right now, glad to see folks holding onto it. I wish I had bought more, I like the fact that they are a jack of all trades
end of the year is Dec, can't wait to see reports. Unless something crazy happens, I'll keep it
Already in with Diamond, but had planned to add onto it and Access
My portfolio going into 2008 will be COSTAIN(TS), Nig-Ger, Access, Diamond, 1st Bank

With WEMA on suspension, I have gained about 67.28%. Is it reasonable that I keep watching?

Please, I need help here.

Naijadr:

NGC is prob one of the best out there right now, glad to see folks holding onto it. I wish I had bought more, I like the fact that they are a jack of all trades
end of the year is Dec, can't wait to see reports.
Already in with Diamond, but had planned to add onto it and Access
My portfolio going into 2008 will be COSTAIN(TS), Nig-Ger, Access, Diamond, 1st Bank

@Naijadr
Are you still buying your portfolio stocks at today's prices or have bought already.

nazzyon:

With WEMA on suspension, I have gained about 67.28%. Is it reasonable that I keep watching?

Please, I need help here.

depends on what your exit price/plan was, when you bought it did you plan to sell it after 20%. 40%, 60, or 100% profit?

if you have achieved your aim you are most likely to sell, if not you might hold all in all its your call!

Dis Guy:

depends on what your exit price/plan was, when you bought it did you plan to sell it after 20%. 40%, 60, or 100% profit?

if you have achieved your aim you are most likely to sell, if not you might hold all in all its your call!

Merci

I checked the list of securities again today and everything keeps saying buy me.

Will you kindly advice on which securities I should go for that might be great in 4 years to come? I intend to share it between my family in 4 years time. Not kids but sisters.

@ Everyone
Has anyone considered UBN with it's proj EPS of 2.59 and PE of 15.86 following release of UBN's 1/2 year result. This looks to me like the best in the industry considering <10B outstanding shares. Will welcome comments.

bought diamond last week, my broker should get Access by tomorrow, and maybe more diamond by friday (its already gone N1 more than my previous purchase price)
I bought 1st bank's PO, and Costain is my #1 stock, pretty heavy in my portfolio already, I might sell some post TS but thats because I'll buy during the PO. I'm hoping the profit I make from the post TS run will be enough to cover what I got in the PO.
I had MBenefits which I had broker sell, and selling my Cornerstone

toyibanj:

@Naijadr
Are you still buying your portfolio stocks at today's prices or have bought already.

toyibanj:

@ Everyone
Has anyone considered UBN with it's proj EPS of 2.59 and PE of 15.86 following release of UBN's 1/2 year result. This looks to me like the best in the industry considering <10B outstanding shares. Will welcome comments.

If you add the bonus shares, UBNs' forward PE should be in the region of 17.63 based on the half year result. True, it has the lowest forward PE in banking right now outside Wema, but many folks are not comfortable with the growth prospects. Of course not that UBN is not growing but maybe not at the expected rate. UBN seems to be lagging behind other first tier banks.

nazzyon:

Merci

I checked the list of securities again today and everything keeps saying buy me.

Will you kindly advice on which securities I should go for that might be great in 4 years to come? I intend to share it between my family in 4 years time. Not kids but sisters.

oh boy you are patient o! 4 years in fact if you choose any company on the list you will get a very good return on your investment as long as they don't go broke

to be honest it is so boring to just leave your stock with playing the game of buy n sell, i get bored if I don't sell or buy something in a month i feel like i'm missing out on something

over a very long period of time- say four years you can make 100% return which is good BUT the way this game is, you can make 400% within 4 months on some stocks which is great or as they say in my village gooder so i think its better to play the game it more fun that way- you can of course buy some for very long term and play with some. later you realise those in the long term are sitting there like a normal savings account or govt bonds but your short term stocks are giving you the va-va- vooooom!

goodluck

@ Gurus

I am torn between Bank PHB and Bagco. I like the positive energy coming from PHB ( their aggressive focus on growth, advertising and innovation will shoot them to the top). I also like Bagco because it is kinda a monopoly in Sack manufacturing ( if it retains its hold on market share over Dangote sacks) and their books have been cleaned to pay off profits so I know where I stand. Right now I am asking which one is the CLEAR 300% stock btw both say by the end of 2009 ( I am a long termer). Wanajo, Pumping, Easimoni, Frankiriri, Temmie 10, Aktopgun, Fatherof2, anyone interested in replying please chip in on this,

youngdoc:

@ Gurus

I am torn between Bank PHB and Bagco. I like the positive energy coming from PHB ( their aggressive focus on growth, advertising and innovation will shoot them to the top). I also like Bagco because it is kind of a monopoly in Sack manufacturing ( if it retains its hold on market share over Dangote sacks) and their books have been cleaned to pay off profits so I know where I stand. Right now I am asking which one is the CLEAR 300% stock between both say by the end of 2009 ( I am a long termer). Wanajo, Pumping, Easimoni, Frankiriri, Temmie 10, Aktopgun, Fatherof2, anyone interested in replying please chip in on this,

I don't no if I qualify to answer your question with all the big names mentioned above but all the same I will like to tell you that the two offers (BANK PHB AND BAGCO PLC) are good and since you are "a long termer "as you put it, you should try to buy the two. There is light at the end of the tunnel for both of them.

Peace.

Time is what I don't have.

I have to attend to daily routines. I only have 2 hours maximum to rest in 24 hours.

I will try. Thanks for the tip

Fellow nairalanders,

I am about changing my stockbroker due to the poor communication and cheer inefficiency they have demonstrated with trading orders.I have a shortlist of 3 brokers that I am interested in.They are Afrinvest WA,UBA Stockbrokers and Greenwich Trust.
If you are with any of these 3 kindly let me know how they have dealt with you.Are you satisfied with them in terms of their honesty,communication,speed of executing orders,verification of share certificates and internet services?Would you recommend them as an efficient brokerage firm?
Pls kindly provide these information if you have it as I dont want to go into the same same situation as I have been.

Kind regards,

Keph

Fellow nairalanders,

I am about changing my stockbroker due to the poor communication and cheer inefficiency they have demonstrated with trading orders.I have a shortlist of 3 brokers that I am interested in.They are Afrinvest WA,UBA Stockbrokers and Greenwich Trust.
If you are with any of these 3 kindly let me know how they have dealt with you.Are you satisfied with them in terms of their honesty,communication,speed of executing orders,verification of share certificates and internet services?Would you recommend them as an efficient brokerage firm?
Please kindly provide these information if you have it as I don't want to go into the same same situation as I have been.

Kind regards,

Keph

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



CADBURY NIGERIA PLC AUDITED YEAR-END RESULT FOR THE PERIOD ENDED 31 DECEMBER 2006
2006 2005 CHANGE % CHANGE
N'b N'b N'b %
TURNOVER 19.215 29.454 -10.239 -34.76
EXCEPTIONAL ITEMS -2.539 - -2.539
PBT -5.762 3.853 -9.615 -249.55
TAXATION 1.097 -1.142 2.239 196.06
LOSS/PAT -4.665 2.710 -7.375 -272.14




CADBURY NIGERIA PLC UNAUDITED SECOND QUARTER RESULTS FOR THE PERIOD ENDED 30 JUNE 2007
2007 2006 CHANGE % CHANGE
N'b N'b N'b %
TURNOVER 8.655 12.068 -3.413 -28.28
PBT -2.046 0.813 -2.859 -351.66
TAXATION -0.259
PAT -2.046 0.554 -2.600 -469.31




CADBURY NIGERIA PLC UNAUDITED THIRD QUARTER RESULT FOR THE PERIOD ENDED 30 SEPTEMBER 2007
2007 2006 CHANGE % CHANGE
N'b N'b N'b %
TURNOVER 14.046 18.575 -4.529 -24.38
PBT -2.532 0.284 -2.816 -991.55
TAXATION -0.087
PAT -2.532 0.194 -2.726 -1405.15


Hello Guys, I hope some people can crunch these and we can have something to discuss about them

Guys,
Just heard IGI certificates will soon hit the market anytime soon. Let the rally begin for the pp takers.

Seems we are forgeting Cutix and Neimeth on the Radarwatch. Sound fundamentals_{(my opinion though)}

Mhm my broker no sabi business, i tell'am se sell my unic wey i bought at 2.7k the guy buy more at 3.58k what's this.? Oga easimoni yodiyokun @ al am stuck should i hold it for long term, or i should bear the small lost and switch to Diamond? Please need your advice. Thanks

.

.

CONTINENTAL REINSURANCE PLC UNAUDITED HALF YEAR RESULT FOR THE PERIOD ENDED 30 JUNE 2007
2007 2006 CHANGE % CHANGE
N'b N'b N'b %
TURNOVER 1.179 1.286 -0.107 -8.32
PBT 0.665 0.424 0.241 56.84
TAXATION 0.166 - 0.106 -0.060 -56.60
PAT 0.499 0.318 0.181 56.92


UNILEVER NIGERIA PLC UNAUDITED THIRD QUARTER RESULT FOR THE PERIOD ENDED 30 SEPTEMBER 2007
2007 2006 CHANGE % CHANGE
N'b N'b N'b %
TURNOVER 26.510 16.934 9.576 56.55
PBT 2.292 - 2.026 4.318 213.13
TAXATION 0.768 0.638 -1.406 -220.38
PAT 1.524 - 1.388 2.912 209.80
EXTRA ORDINARY ITEMS -0.405 - 0.243 -0.162 -66.67
PAT & EXTRA ORDINARY ITEMS 1.119 - 1.631 2.750 168.61


ACADEMY PRESS PLC UNAUDITED HALF YEAR RESULT FOR THE PERIOD ENDED 30 SEPTEMBER 2007
2007 2006 CHANGE % CHANGE
N'b N'b N'b %
TURNOVER 0.618 0.639 -0.021 -3.29
PBT 0.036 0.076 -0.040 -52.63
TAXATION 0.011 - 0.023 0.012 -52.17
PAT 0.025 0.053 -0.028 -52.83

to all the gurus
When a company stock is placed on technical suspension and you want to sell it, does it mean that the stock can only be sold if another client of your own stockbroking firm wants to buy it?
in the case of wema, i can see that it is still being traded but my broker is saying she can't sell.

Also how is the closing price determined, cos i know people buy a particular stock at differnt prices in a day though not exceeding 5%, but how is the closing price determined?

Keph:

Fellow nairalanders,

I am about changing my stockbroker due to the poor communication and cheer inefficiency they have demonstrated with trading orders.I have a shortlist of 3 brokers that I am interested in.They are Afrinvest WA,UBA Stockbrokers and Greenwich Trust.
If you are with any of these 3 kindly let me know how they have dealt with you.Are you satisfied with them in terms of their honesty,communication,speed of executing orders,verification of share certificates and internet services?Would you recommend them as an efficient brokerage firm?
Please kindly provide these information if you have it as I don't want to go into the same same situation as I have been.

Kind regards,

Keph

I am using Afrinvest WA currently but I am not really impressed by their reactions. They have been trying to open my online account for more than 3 months now but no success. They don't respond to emails 'ONTIME' and most times the message I get is that the emails have been sent before. I don't think I will recommend them but on the scale of things, I will rate them 60% OK (Please note that I have other stock brokers) . However, I think it depends on your account officer. He/She might start off well and then degenerates as time goes by.
If you have N5m to start with, I will recommend Zenith Securities. They are more reliable and prompt in the dealings. The online facility is kind of perfect and moreover, you get lower commission rates (at least compared to Afrinvest).

I use UBA stockbrokers through their Non Resident Nigerian Program (UBA NRN), its def a good option if u live in the US, UK or Canada. I get very prompt responses to my email within mins and no more than 1 business day, matter of fact just got one to confirm that they received a request to purchase shares that I sent barely an hr ago.
Everything is accounted for, plus I like the fact thats its a 1 stop shop, bank acct and capital market. Plus I've access to other options like home mortgage loans and all that comes with the NRN program, takes me 2 days to send money to my bank acct using ubaremit, cheaper than western union plus it goes to my acct and not someone else's central acct.
Online portal isnt functional but should be in a few mths, e-banking is available, now i make transactions by issuing purchase/sell mandates to the UBA-US rep who is extremely efficient. 2 business days to buy/sell unless the stock is unavailable or very hard to get. Being a huge bank and because of the importance of the NRN section, they bend over backwards. I've canceled sell orders successfully as long as I do it within 1 business day.
Minimum to start is N250k

Keph:

Fellow nairalanders,

I am about changing my stockbroker due to the poor communication and cheer inefficiency they have demonstrated with trading orders.I have a shortlist of 3 brokers that I am interested in.They are Afrinvest WA,UBA Stockbrokers and Greenwich Trust.
If you are with any of these 3 kindly let me know how they have dealt with you.Are you satisfied with them in terms of their honesty,communication,speed of executing orders,verification of share certificates and internet services?Would you recommend them as an efficient brokerage firm?
Please kindly provide these information if you have it as I don't want to go into the same same situation as I have been.

Kind regards,

Keph

heres the prospectus for diamond's gdr: http://www.vetiva.com/Domestic_Prospectus.pdf,
looks like the gdr is slightly cheaper
Crusader's inching higher and Mbenefits hasn't taken too much of a beating,

NGC keeps climbing, N24.15 today!!

While other insurance stocks arent faring well, Cornerstone is climbing, now N4.17. Had a little in my portfolio and was really surprised, asked broker to sell it today, so he might get that done tomorrow, hope it might still be headed up even then.

1st Bank is also climbing, it'll be interesting to see once PO shares are released electronically.

upward:

CONTINENTAL REINSURANCE PLC UNAUDITED HALF YEAR RESULT FOR THE PERIOD ENDED 30 JUNE 2007
2007 2006 CHANGE % CHANGE
N'b N'b N'b %
TURNOVER 1.179 1.286 -0.107 -8.32
PBT 0.665 0.424 0.241 56.84
TAXATION 0.166 - 0.106 -0.060 -56.60
PAT 0.499 0.318 0.181 56.92


UNILEVER NIGERIA PLC UNAUDITED THIRD QUARTER RESULT FOR THE PERIOD ENDED 30 SEPTEMBER 2007
2007 2006 CHANGE % CHANGE
N'b N'b N'b %
TURNOVER 26.510 16.934 9.576 56.55
PBT 2.292 - 2.026 4.318 213.13
TAXATION 0.768 0.638 -1.406 -220.38
PAT 1.524 - 1.388 2.912 209.80
EXTRA ORDINARY ITEMS -0.405 - 0.243 -0.162 -66.67
PAT & EXTRA ORDINARY ITEMS 1.119 - 1.631 2.750 168.61


ACADEMY PRESS PLC UNAUDITED HALF YEAR RESULT FOR THE PERIOD ENDED 30 SEPTEMBER 2007
2007 2006 CHANGE % CHANGE
N'b N'b N'b %
TURNOVER 0.618 0.639 -0.021 -3.29
PBT 0.036 0.076 -0.040 -52.63
TAXATION 0.011 - 0.023 0.012 -52.17
PAT 0.025 0.053 -0.028 -52.83

Thanks. This is fast. You dey work for floor

@TEMMIE10

I raised the issue of MBenefits in an earlier post but no one responded. There might still be light at the end of the tunnel. Cos their results for YE will be about the same as YE2006 which is still better than a loss.

Oga Wanaj0,

i go follow you go the promise land oooo N10:29,32.

my broker just call me, he sold at N5.30 free N150k within 3weeks, it is a lie, i can't belive my eye.

i go hold the cash until the air don clear well well,

" It is not illegal to keep your money!!!!! It is not everytime that you have to BUY" - Wanaj0

@ALL MAKE UNA DEY LISTEN TO WANAJ0, A BEG UNA AT LEAST YOUR CAPITAL NO GO LOST.

MAKE GOD BLESS YOU WELL WELL OGA WANAJ0, MAKE GOD GIVE YOU TWIN, YOUR INVESTMENT BRING 300%, MAKE ,

Naijadr:



While other insurance stocks arent faring well, Cornerstone is climbing, now N4.17. Had a little in my portfolio and was really surprised, asked broker to sell it today, so he might get that done tomorrow, hope it might still be headed up even then.

I think the insurance sector is slowing down, obviously people still have a lot of believe in Crusader, did not take any hit.

Law and Union however did a full 5% - So far It has gone about 35% in the last 1 week. Lets see how tomorrow fares.

Oga pumping, I no de work for floor of the stockmarket-o, just trying to be diligent in learning, and sourcing for info, hoping that one day I would be like you guys(the big boys).