slaykay07:

EASIMONI,

Did i hear you say something about Access PO, were you refering to the concluded PO OR another PO is on the way?

It wasn't me!

@ololufemi
Don't confuse a bull market with brains.
Fatherof2 has some interesting (though not absolute) strategies which i respect him for, yodiyokun was jus urging him to use a bit of caution for people new to investing

@ all
anybody watching japaul?

Access is now 23.03. what is the news in the cooler any ideas? i guess we can expect it to hit 27 by Friday. that will finally bring a xmas smile to my face

easimoni:

Am I the only one who saw the C&I Leasing result?     

Is it time to become a growth investor and just KILL this stock? Ki lo de? I know they have 1.6B shares and forward EPS  is only 25k (forward PE is 23) , but what will the forward EPS/PE be if the coy keeps growing PAT at 200% p.a? Can they keep growing? I know some peeps brought it up and I said it wasn't time but hmmmmmm.

Well well they increased PAT for Q3 by 248% from N85M in 06 to N298M in 07 so that gives us a forward PE of 21 and EPS of 29K(the PO in 06 was 75% subscribed) and i noticed the share price did a max 5% today so i think something is definitely on the boil for this stock
Just watch the space!

Has anybody noticed that  RedStar express has appreciated 47% since it got listed about 2 weeks ago? Dont have the financials to do the quants. The funny thing is only one person is responsible for shifting about 20K of the stock today and it did the max 5% today as well.

Anybody with the results please holla

ololufemi:

@ Yodiyokun, Damouche7,

This man has delivered to us at nairaland. Look at the Insurance sector, Access and First Bank which are still climbing up.

I am joining his train with my N1.5 million.

Its leaving the station soon.

I am with you Fatherof2.

Am not doubting or questioning his versatility,infact am learning from him.He should just inject a little of caution in his insightful and sometimes prophetic  analysis.Just a little bit of caution wont harm.

Hello pple, take a look at this news.you can make something outa it:


         EKOCORP PLC UNAUDITED THIRD QUARTER RESULT FOR THE PERIOD ENDED 30 SEPTEMBER 2007
 2007 2006 CHANGE % CHANGE
 N'b N'b N'b %
TURNOVER 0.406  0.353  0.053 15.01
PBT 0.089  0.110  -0.021 -19.09
TAXATION 0.009 -0.011  0.002 -18.18
PAT 0.080   0.099  -0.019 -19.19
   
   
        FCMB PLC HALF YEAR RESULT FOR THE PERIOD ENDED 31 OCTOBER 2007
 2007 2006 CHANGE % CHANGE
 N'b N'b N'b %
GROSS EARNINGS 21.870     10.880  10.990 101.01
PBT 6.763      2.822  3.941 139.65
TAXATION 1.420    -0.592  -0.828 -139.86
PAT 5.343     2.230  3.113 139.60
   
   
         RED STAR EXPRESS PLC HALF YEAR RESULT FOR THE PERIOD ENDED 30 SEPTEMBER 2007
 2007 2006 CHANGE % CHANGE
 N'b N'b N'b %
TURNOVER 1.585    1.338  0.247 18.46
PBT 0.212      0.193  0.019 9.84
TAXATION 0.064 -   0.058  -0.006 -10.34
PAT 0.148      0.135  0.013 9.63

Has anybody noticed that RedStar express has appreciated 47% since it got listed about 2 weeks ago? Dont have the financials to do the quants. The funny thing is only one person is responsible for shifting about 20K of the stock today and it did the max 5% today as well.

Anybody with the results please holla
[quote][/quote]

check this

RED STAR EXPRESS PLC HALF YEAR RESULT FOR THE PERIOD ENDED 30 SEPTEMBER 2007
2007 2006 CHANGE % CHANGE
N'b N'b N'b %
TURNOVER 1.585 1.338 0.247 18.46
PBT 0.212 0.193 0.019 9.84
TAXATION 0.064 - 0.058 -0.006 -10.34
PAT 0.148 0.135 0.013 9.63

Hi guys.

Temmie10:

@ololufemi
Don't confuse a bull market with brains.
Fatherof2 has some interesting (though not absolute) strategies which i respect him for, yodiyokun was jus urging him to use a bit of caution for people new to investing

@ all
anybody watching japaul?

Whats you guys take on Japaul.Is the post TS bull run worth risking.I got some cash to spare.Kindly advice b4 it runs to far ahead.

You know what dey call " SPREADSHEET MONEY". You can be worth N11m today and next monday N7m.That is spreadsheet money.Its nothing till you make a sale.Its in your pocket.Remember you didn't really do anything to earn that money.Someone paid you for that share.The money did not come from heaven.That person may be loosing because he bought the share off you at a high price.But that's not your business.Your bankers will be counting real money and not " SPREADSHEET MONEY".

@ all who bought access at N17.60 or N18.45, from my estimate,if access reaches N25 by wednesday,i'm bailing out by Thursday RESULT OR NO RESULT.What is important,is that the objective and target i set for myself is achieved.With the current rate of rising,if it gets to N25 or more and the result is not yet out,the market would already have anticipated the result and built it into the price of N25-N26.So when the results actually come,there'll be little movement.Lets see if another 4.97% can be added tomorrow.
Happy investing.

upward:

Hello people, take a look at this news.you can make something outa it:


EKOCORP PLC UNAUDITED THIRD QUARTER RESULT FOR THE PERIOD ENDED 30 SEPTEMBER 2007
2007 2006 CHANGE % CHANGE
N'b N'b N'b %
TURNOVER 0.406 0.353 0.053 15.01
PBT 0.089 0.110 -0.021 -19.09
TAXATION 0.009 -0.011 0.002 -18.18
PAT 0.080 0.099 -0.019 -19.19


FCMB PLC HALF YEAR RESULT FOR THE PERIOD ENDED 31 OCTOBER 2007
2007 2006 CHANGE % CHANGE
N'b N'b N'b %
GROSS EARNINGS 21.870 10.880 10.990 101.01
PBT 6.763 2.822 3.941 139.65
TAXATION 1.420 -0.592 -0.828 -139.86
PAT 5.343 2.230 3.113 139.60


RED STAR EXPRESS PLC HALF YEAR RESULT FOR THE PERIOD ENDED 30 SEPTEMBER 2007
2007 2006 CHANGE % CHANGE
N'b N'b N'b %
TURNOVER 1.585 1.338 0.247 18.46
PBT 0.212 0.193 0.019 9.84
TAXATION 0.064 - 0.058 -0.006 -10.34
PAT 0.148 0.135 0.013 9.63

Now i'm loving FCMB's growth rate.Profits up 139%. Offers come aboard.

Oga FatherOF2, I really appreciate your comments and expert imputs to this thread. A beg what's your e-mail? or you can send me any resource to help my stock analysis to my e-mail add. teekachi (at) yahoo.com. I'm new to the business and trying to learn. thanks you so much

check this

RED STAR EXPRESS PLC HALF YEAR RESULT FOR THE PERIOD ENDED 30 SEPTEMBER 2007
2007 2006 CHANGE % CHANGE
N'b N'b N'b %
TURNOVER 1.585 1.338 0.247 18.46
PBT 0.212 0.193 0.019 9.84
TAXATION 0.064 - 0.058 -0.006 -10.34
PAT 0.148 0.135 0.013 9.63

The Lord bless you real good bro. I have cobbled together some very interesting numbers for RedStar the forward PE is  11.78 and forward EPS=50k on an annualized basis. That is fantastic and if it does another 5% tomorrow i'm charging in before it goes on TS(doesnt matter if its only one person that's responsible for what i'm witnessing) and coupled with the results just released its onew-way traffic for the share price

I understand the stock is illiquid though which may explain the mystery of the  one-man show phenomenon

@roughcut
why will redstar be goin on ts. is there somethin i am missing?

kpineo:

Access is now 23.03. what is the news in the cooler any ideas? i guess we can expect it to hit 27 by Friday. that will finally bring a xmas smile to my face

No be only you o!And to think that i was almost going to shed my ACCESS in anger. Wanaj0 thanks for your timely intervention

Temmie10:

@roughcut
why will redstar be goin on ts. is there somethin i am missing?

I read just before they were listed that they will soon be coming to the market to raise more funds and increase their share capital

info reaching me say OCEANIC end of year results wouldn't be released this year. rumours of some issues. anyone heard anything and has anyone on this forum received their certificate from the last PO. Am still waiting on mine.

Oga FatherOF2, I'm still expecting your mail, or at least a response. I'm willing to learn from the masters, I'ev learnt a lot on this forum and from pumping.

wanaj0:

I am not a short term player. FCMB is good but not that impressed with the balance sheet. Something does not add up.

Afrinvest to me is still one of the best out there. They are passing through a lot of changes and restructuring though. As a rule, copy someone (another account officer) in all your correspondence. If you don't get propmt attention, escalate.

That business with CSL just put me off right away_{the MD's papa owns CSL so no surprises there} and i think the projection for '08 PAT is optimistic the half-year PAT for '08 is  N5.34B  so where are they going to get the N5B to make up the N15B projected for full-year PAT? The fact of the matter is that FCMB is still a ~ N10B PAT bank so like the Dragons in Dragons Den_{anybody watching Dragons' Den?}  would say I'M OUT!

RoughCut:

That business with CSL just put me off right away_{the MD's papa owns CSL so no surprises there} and i think te projection for '08 PAT is too optimistic the half-year PAT for '08 is N5.34B so where are they going to get the N5B to make up the N15B projected for full-year? The fact of the matter is that FCMB is still a ~ N10B PAT bank so like the Dragons in Dragons Den_{anybody watching Dragons' Den?} would say I'M OUT!

so are u james khan or the fiesty lady?

upward:

Hello people, take a look at this news.you can make something outa it:


         EKOCORP PLC UNAUDITED THIRD QUARTER RESULT FOR THE PERIOD ENDED 30 SEPTEMBER 2007
 2007 2006 CHANGE % CHANGE
 N'b N'b N'b %
TURNOVER 0.406  0.353  0.053 15.01
PBT 0.089  0.110  -0.021 -19.09
TAXATION 0.009 -0.011  0.002 -18.18
PAT 0.080   0.099  -0.019 -19.19
   
   
        FCMB PLC HALF YEAR RESULT FOR THE PERIOD ENDED 31 OCTOBER 2007
 2007 2006 CHANGE % CHANGE
 N'b N'b N'b %
GROSS EARNINGS 21.870     10.880  10.990 101.01
PBT 6.763      2.822  3.941 139.65
TAXATION 1.420    -0.592  -0.828 -139.86
PAT 5.343     2.230  3.113 139.60
   
   
         RED STAR EXPRESS PLC HALF YEAR RESULT FOR THE PERIOD ENDED 30 SEPTEMBER 2007
 2007 2006 CHANGE % CHANGE
 N'b N'b N'b %
TURNOVER 1.585    1.338  0.247 18.46
PBT 0.212      0.193  0.019 9.84
TAXATION 0.064 -   0.058  -0.006 -10.34
PAT 0.148      0.135  0.013 9.63

I think FCMB could have done better. Agreed that PAT has grown by 139% YOY but this has already been reflected in the current price. Though the market may react positively,  I don't consider this result beyond expectation. In fact the projected adjusted PE still remains the same around 28 which is on the high end (I have factotored in possible 25% oversubscription).

Ekocorp's result is okay. Forward PE is now 17 which I think is currently the best in the sector at least for the companies I have data on which are all the main ones.

Red Star express is the bomb. Projected PE is 11.7 with earnings yield of almost 9%.  I'm going out for this one. The PO will have a high risk of dilution because bonus shares may be declared and new shares may not qualify. I hope not though.

RoughCut:

That business with CSL just put me off right away_{the MD's papa owns CSL so no surprises there} and i think the projection for '08 PAT is optimistic the half-year PAT for '08 is N5.34B so where are they going to get the N5B to make up the N15B projected for full-year PAT? The fact of the matter is that FCMB is still a ~ N10B PAT bank so like the Dragons in Dragons Den_{anybody watching Dragons' Den?} would say I'M OUT!

Just my thought about FCMB.

That the MDs papa owns CSL is no surprise. He started FCMB (then First City Merchant Bank) and I believe still owns the bank.

@ Damouche7, Temmie10,

@ololufemi
Don't confuse a bull market with brains.
Fatherof2 has some interesting (though not absolute) strategies which i respect him for, yodiyokun was jus urging him to use a bit of caution for people new to investing

@ all
anybody watching japaul?

Guys why all this frenzy, hope u are not about to do the same like me  (I mean confuse a bull market with brains)

Cause FCMB just released their half year results and showed above 120% increase. I think 139%

Its time to ride the FCMB Bull for now and I just bought some today 20,000.

I think we have to admit that Fatherof2 has done well and he deserves to be commended.

Japaul is also on a bull ride now.

Happy riding to everyone and for Access(ers)

Happy Christmas but dont forget to bail out at N26.

Cheers

Temmie10:

so are u james khan or the fiesty lady?

James Khan the guy is KOOOOOOL  i just like his style he waits for everybody to have their say before showing his hands

hello pple,
can somebody please say somthing about japaul, is it what puting money on.
comment are welcome from all.

Welldone pumping, see you are online now. thanks for the on-spot analysis.

tommy t:

hello people,
can somebody please say somthing about japaul, is it what puting money on.
comment are welcome from all.

Copy that.Over.

pumping777:

I think FCMB could have done better. Agreed that PAT has grown by 139% YOY but this has already been reflected in the current price. Though the market may react positively,  I don't consider this result beyond expectation. In fact the projected adjusted PE still remains the same around 28 which is on the high end (I have factotored in possible 25% oversubscription).

Ekocorp's result is okay. Forward PE is now 17 which I think is currently the best in the sector at least for the companies I have data on which are all the main ones.

Red Star express is the bomb. Projected PE is 11.7 with earnings yield of almost 9%.  I'm going out for this one. The PO will have a high risk of dilution because bonus shares may be declared and new shares may not qualify. I hope not though.

which is i'm charging in tomorrow if it does another 5%. Hopefully i wont precipitate a bull run on this one. You are quick on the mark arrived at a forward PE of 11.78 and EPS of 50K
I'm sure they would try and ride the wave a bit before going on TS

upward:

Oga FatherOF2, I'm still expecting your mail, or at least a response. I'm willing to learn from the masters, I'ev learnt a lot on this forum and from pumping.

Oga upward me no be master.No one is a master.The masters are still the real stockbrokers with 20years experience.
I have to disappoint you on the e-mail thing.

@some

Don't be sentimental about any stock (PAPA of MD get this or that).The stock does not know you're buying it.
You'll be surprised how people react once they hear higher profits. Take advantage of that reaction and take your quick 25-30%.
At least FCMB did beta than GT (Growth wise) and GT is still rising.If they declared 200% increase in profits won't you call EFCC to investigate.Just
praise their 139% increase and not " FCMB could have done better".

Fair values for UBA and Oceanic post announcement of Fullyear results are N67 and N36

@fatherof2

roughly when will the announcements will be made?
i aminvolved in a similar scenario but i am just helping my friend manage his money. i want a very active portfolio, buying and getting rid of stocks in a 3 month window frame. i know things dont always go as predicted so, combining 3 low risk with 1 high risk stock should keep the portfolio above water in worst case scenarios.
what stocks fit into the sure average gain (2 - 3) and the gambled high gain (1 - 2).
wanajo, easimoni, pumping and d gurus. ur input will be appreciated

3 MONTHS WINDOW FRAME. 6 MAX

@ALL

ONE WORD: INVALUABLE, thats what this thread is.

Thanks everyone

pumping777:

I think FCMB could have done better. Agreed that PAT has grown by 139% YOY but this has already been reflected in the current price. Though the market may react positively,  I don't consider this result beyond expectation. In fact the projected adjusted PE still remains the same around 28 which is on the high end (I have factotored in possible 25% oversubscription).

Ekocorp's result is okay. Forward PE is now 17 which I think is currently the best in the sector at least for the companies I have data on which are all the main ones.

Red Star express is the bomb. Projected PE is 11.7 with earnings yield of almost 9%.  I'm going out for this one. The PO will have a high risk of dilution because bonus shares may be declared and new shares may not qualify. I hope not though.

In actual fact bank PHB is a better option than FCMB and the figures are more plausible than that of  FCMB so will wait towards the end of TS on PHB  the half-year will be DEC and the half-year results due around JAN/FEB next year  next year so hopefully if expectations are met that should give the share price a leg up when the stock comes off TS

@ Temmie

Quote ", anybody watching Japaul?"



Watching & smiling!