egoldman:
Is their a site where i could get the websites of all or most of the companies quoted on Nigeria Stock Exchange ?

There is a list of websites of quoted companies at http://www.karakataonline.com/stocks.html. As at the posting of this entry, 91 websites have been updated, and the list will definitely increase in the next few weeks. Also, feel free to provide websites you know via the feedback page. Cheers.

@bioye
nice one.

enurayce:

Please all the gurus in the bouse reply

Since the in thing is about stocks that have made it, will anyone in the house with all that its takes in marking out penny stocks with growth potential avail us all with some of these stocks to enable us cash in on them and make good returns. Your response will be greatly appreciated. Thanks

Ok ok ok. since u've asked this question a dozen times on this (and other) threads, I'll attempt to answer. I generally avoid penny stocks but I like ABC transport and Beta Glass. A few people have recommended Mutual Benefit and other insurance stocks. Read the thread on insurance stocks for more info.

Easimoni , you dey expose my secrets about ABC TRANSPORT oooh , i think they say business is secret

easimoni
bros y i no hear from u again

egoldman:

Easimoni , you dey expose my secrets about ABC TRANSPORT oooh , i think they say business is secret

LOL!!!! But after we agreed it was a "BUY", we had plenty of time to stock up. I don buy my own ooooo!

@ House

SPRING BANK Going! going!! going!!! going!!!!going!!!!!,

shine your eyez and ear, be on the alert,

To the Gurus,
If I may ask why is Nascon share the highest traded stock in the market recently? whats the secret to it?

@Ess

It depends on what you are referring to -
1) Is it based on the one day offer of 400 Million shares at N22, which was oversubscribed
2) The fact that Dangote is basically the owner.
3) The stock has been scarce, which has driven the value of the stock out of the roof, as many investors want to be a part of the profit, since Dangote name is written on it.

Whichever way you look at it - I say Dangote is the reason for it, he is playing in the market very well.
He probably bought NASCON at next to nothing, and ramped up the value of the share - and now sold a 5th of it on Friday, 15th.

SavvyLanre,
I guess thats why, cos I was just looking at the list of shares and notice the large volume, value and trade against the stock. I havent heard of their one day offer o! Anyway thanks for the highlight.

@ All,

You need to read a new proshare article on the precipitous drop of Ashaka Cement. Some people might have inside info on this stock and may be dumping it en masse.

http://www.proshareng.com/myproshare/portal_articles.php?id=1132

@easimoni,

Thanks a lot ur info is timely as i open my crytal ball and gaze on next move with this i think,The May 23, 2007 trading pattern represents a “blow off top” and the beginning of the downtrend,be on the alert THE SUN IS OVER NOW !!!!!!!!!!

easimoni:

@ All,

You need to read a new proshare article on the precipitous drop of Ashaka Cement. Some people might have inside info on this stock and may be dumping it en masse.

http://www.proshareng.com/myproshare/portal_articles.php?id=1132

While it is true that you can get insider news, the analysis like most technical analysis that the man does are based on hindsight. Why didn't he say before now that Ashaka will drop? Based on his analysis, what is the conclusion? He is saying that we will have to wait to know whether the price will drop further!!!!!

guys, dpes any1 know anyggod magazines that will give good info on hot stocks? help

wanaj0:

While it is true that you can get insider news, the analysis like most technical analysis that the man does are based on hindsight. Why didn't he say before now that Ashaka will drop? Based on his analysis, what is the conclusion? He is saying that we will have to wait to know whether the price will drop further!!!!!

He claims the stock has "support" at N66 and N68. He does not expect the price to drop below those numbers. You pointed out the problem with TA. It's always correct in hindsight.

On another note, why is the market dropping like a rock?

@iyaegbe

Minimum to open an account:

IBTC - N10m
Zenith Securities - N5m
BGL - N1m (Fees are high)
Vetiva - N1m

shigidi:

guys, dpes anyone know anyggod magazines that will give good info on hot stocks? help

easimoni:

He claims the stock has "support" at N66 and N68. He does not expect the price to drop below those numbers. You pointed out the problem with TA. It's always correct in hindsight.

On another note, why is the market dropping like a rock?

according the analysis by proshare they reckon investors are selling off their holdings and taking profit in order to buy into the IPO`s since accordîng to them a lot of the stocks in the secondary market are overvalued

Why is it that most businesses in Nigeria with websites are not making sure their email addresses are working?

Some people may think this is not important, but I see this, as a fault needing urgent attention. Some of these businesses have wonderful websites but what you get back when making enquiries are non- delivery notification.
And it is sad to say that some of our high profit declaring banks are culprit.

easimoni:

He claims the stock has "support" at N66 and N68. He does not expect the price to drop below those numbers. You pointed out the problem with TA. It's always correct in hindsight.

On another note, why is the market dropping like a rock?

Many reasons.

Firstly people are booking profit. Astute investors always try to lock in profits.

Secondly some are selling to fund the First Bank IPO. This week is the closing date.

Well, thsi should be temporary because the Pension Fund money should be hitting the market soon thus driving the price further up.

Relatively, most stocks are over priced so there will definitely be a correction. How soon this will be depends on alternative invvestment options that are available.

UBA OCEANIC ZENITH

Earnings 20,500,000,000 16,000,000,000 20,500,000,000
Shares 8,472,000,000 11,642,006,625 9,265,524,300
EPS 2.4197356 1.374333525 2.212502967
P/E 18.81 18.53 25.18
Current Price 37.99 19.53 47.91
P/E @ Price 15.70006244 14.21052434 21.65420825
Growth 47.62 34.45 78.45
PEG 0.3950021 0.54435 0.32096877
FP afta end of year 115.2278093 46.78231318 173.5708577
Trading Band
E P at P/E 45.51522663 25.46640021 55.7108247
E P at Peers Lowest P/E 44.83770066 25.46640021 40.99767997
E P at Peers highest P/E 60.9289424 34.60571815 55.7108247
Possible G/L at Low P/E 18.02500832 30.39631446 -14.4277187
Possible G at Est Price @ P/E 19.80844072 30.39631446 16.28224733
Possible G/L at High P/E 60.38152777 77.19261727 16.28224733
FY 30-Sep 30-Sep 30-Jun


where FY means financial year end
E P means Estimated price
F P means fair price
G/L means gain/loss
i have list of banks projections bt cos of space so i decided to only show jst three companies, this is my own typ of valuation that has been helpin mi think it wil help sumbdy here2, i used IBTC n many more, UBA is stil a gud buy,4Oceanic hold n Zenith a big HOLD even if its overpriced-i did this 2months ago, My latest projection 4Zenith is N65, dis my no 08060955473,email:psytarry@yahoo.com, i'll luv 2work wit u guys nairalanders-it dat d name??God bless u guys

psytarry:

UBA OCEANIC ZENITH

Earnings 20,500,000,000 16,000,000,000 20,500,000,000
Shares 8,472,000,000 11,642,006,625 9,265,524,300
EPS 2.4197356 1.374333525 2.212502967
P/E 18.81 18.53 25.18
Current Price 37.99 19.53 47.91
P/E @ Price 15.70006244 14.21052434 21.65420825
Growth 47.62 34.45 78.45
PEG 0.3950021 0.54435 0.32096877
FP after end of year 115.2278093 46.78231318 173.5708577
Trading Band
E P at P/E 45.51522663 25.46640021 55.7108247
E P at Peers Lowest P/E 44.83770066 25.46640021 40.99767997
E P at Peers highest P/E 60.9289424 34.60571815 55.7108247
Possible G/L at Low P/E 18.02500832 30.39631446 -14.4277187
Possible G at Est Price @ P/E 19.80844072 30.39631446 16.28224733
Possible G/L at High P/E 60.38152777 77.19261727 16.28224733
FY 30-Sep 30-Sep 30-Jun


where FY means financial year end
E P means Estimated price
F P means fair price
G/L means gain/loss
i have list of banks projections bt because of space so i decided to only show jst three companies, this is my own typ of valuation that has been helpin mi think it wil help sumbdy here2, i used IBTC n many more, UBA is stil a good buy,4Oceanic hold n Zenith a big HOLD even if its overpriced-i did this 2months ago, My latest projection 4Zenith is N65, this my no 08060955473,email:psytarry@yahoo.com, i'll love 2work wit u guys Nairaland users-it that d name??God bless u guys

Phew! excellent hook me up @ ailesanmi@gmail.com

hi there im so happy to b in nairaland here s the deal i tried to make some naira by buyin zenith bank shares in thier frst IPO but they spelt my surname wrongly in the share certificate all eforts to correct this failed i wrote to the registrars to no avail pls id like to get some help.pls im ready to pay for it

hi there im so happy to b in nairaland here s the deal i tried to make some naira by buyin zenith bank shares in thier frst IPO but they spelt my surname wrongly in the share certificate all eforts to correct this failed i wrote to the registrars to no avail pls id like to get some help.pls im ready to pay for it

Pls can anyone recommend good penny stock to buy now that can turn out good within 3-6 months at least 100%?
pls don't fail to post them here.
lets make some cash huh! share your knowledge with your fellows.

is there anywhere i can get ea list of accredited stockbrokers in nigeria? and their adresses?

Does anyone know this guy Jim Ovia? I want/need to be his friend. Smart move, and I'm sure he's not even doing this from his savings. Leverage (when you have such a good reputation) - sure must taste good.

http://www.proshareng.com/myproshare/portal_news.php?id=2519

@egoldman and easimoni, I notice you guys are talking about ABC Transport. I am an investor in penny stocks, please give us the gist ooooo.

Wetin be the Fundamental news that rings a bell to "BUY"

Will appreciate your shared secrets as well,

hi everybody,

any stock broker located at onitsha, i need a stock broker that base in onitsha.

thx

gbengaijot:

@egoldman and easimoni, I notice you guys are talking about ABC Transport. I am an investor in penny stocks, please give us the gist ooooo.

Wetin be the Fundamental news that rings a bell to "BUY"

Will appreciate your shared secrets as well,

FY EPS is expected to be >15k. They have also signed a number of contracts with Tinapa, Ghana, Lagos State e.t.c. Should soon start reaping the benefits of the terminal upgrades.

wynn:

Please can anyone recommend good penny stock to buy now that can turn out good within 3-6 months at least 100%?
please don't fail to post them here.
lets make some cash huh! share your knowledge with your fellows.

Penny stocks are penny stocks for a reason: they are hit-and-miss. If you are looking for 100% returns in 3-6 months, try the HYIPs under the "risky business" board. But as our gracious host always reminds us, "you will defintely lose your money". Even speculators (like me  ) can't reasonbly expect 100% in <3mos in this market.

@ ALL

As i open my crystal ball i see before me a big bang thats about to blow up: PENSION FUND MONEY MONEY OF PENSION PENSION OF FUND MONEY or what ever name they call it its going to over blow up the price of stocks coming soon, this is the rite time to be in Nigeria its smelling of LOTS of CASH,OWO, EGO, KUDI.

BIGBOYLARY:

@ ALL

As i open my crystal ball i see before me a big bang thats about to blow up: PENSION FUND MONEY MONEY OF PENSION PENSION OF FUND MONEY or what ever name they call it its going to over blow up the price of stocks coming soon, this is the rite time to be in Nigeria its smelling of LOTS of CASH,OWO, EGO, KUDI.

@BIGBOYLARY
I think i read this same thing on stockswatch for this week. Is that your crystal ball?