@igetwicked
May be iam qualified to answer you I get two houses for california  but cash i never count am yet.
I think this issue should be left alone to die a natural death.
@blueband u have already apologised why take it back indirectly, I thing we are only bigger when we apologise  not smaller.
Anyway my bros please keep up r good posts i have benefitted immensly 4rm them.

£

@uncle aktopgun and @aunty windywendy and @all d rest observed,

i thank u for insight on dunlop, i was on my parachute, although Cub bears , dey, i still made away with heavy loot, thank u once again.

@Naijadr
Jpaul po price was 3.95

Japaul will just be like Oceanic. I don't see the reason to sell in panic. You will not be able to verify the certificates since the PO shares are not yet listed. They can't be listed until after closure of the register.

The new certificates are not at par with the existing ones. They don't qualify for bonus or dividends. Check the prospectus. How will you differentiate between the two when you try to sell them at the same time?

Expect Japaul Year end very soon. The goodies are reserved for only those that have existing shares.

Oceanic price rose to around N38 after the FY results because PO shares did not share from the goodies. After the closure of the register, the PO shares were listed and this drove down the price.

Caveat Emptor patapata.

stocknrock:

Has anyone recieved tradealert for today yet? Cos I tell ma _dumbass broker make him help me buy bread for bigtreat today o! na so I never recieve tradealert yet?

Anybody get am today? abi shey them don get am wey tradealert never alert me??

Yes I have. Plenty sef.

SavvyLanre:

Pumping - it seems the bull would be returning to the Insurance sector next week. What do you think?

My sister don commot eye for that side, but i know say she would turn around by the time she sees the trend, over the weekend.

I feel so and I have positioned for 2 I hope will do well next week.

This week was not all bearish for insurance. Lawunion delivered big time for a quick CICO. I've used the loot to tie these 2 down today for next week and once I'm finished I'm back to Lawunion shap shap.

stocknrock:

Has anyone recieved tradealert for today yet? Cos I tell ma _dumbass broker make him help me buy bread for bigtreat today o! na so I never recieve tradealert yet?

Anybody get am today? abi shey them don get am wey tradealert never alert me??

yes i have, not plenty ike pumping oh

oga pumping , pls hint on d insurance,

<

gabza:

You guys have expunged an old Mugu seeking for respect.
I have some respect for sell by subscription.

You are busy scheming your re-entry into the Insurance sector.
Without candlesticks or searchlight, it may be suicidal.
Can someone bail us out now?

Stop speaking Japanese na

@pumping, abeg do u have any idea when BGL will fix online portal. Plus how do u receive trade alert here in the US. How do u enter the phone # on CSCS website.

Thanks!!

@naijadr, b4 pump comes

enter 0091********,
hope u grab

Naijadr:

@pumping, abeg do u have any idea when BGL will fix online portal. Plus how do u receive trade alert here in the US. How do u enter the phone # on CSCS website.

Thanks!!

I don't know. All their promised dates have not been kept so I've stopped asking. With access to my CSCS account, I only need my Naira statement which I ask for periodically.

I described the process in one of my previous posts. The format is +1xxxxxxxxxx

nkc:

@naijadr, before pump comes

enter 0091********,
hope u grab

I suppose this will work as well.

Using the + is more universal since you don't have to worry about the international access number like 009 for Nigeria and 011 for the US as an example.

@nkc and pumping

Thanks!

pumping, I've been waiting like 7-8 weeks now for CSCS folks to activate my online acct, the thing don tire me ooo

Naijadr:

@nkc and pumping

Thanks!

pumping, I've been waiting like 7-8 weeks now for CSCS folks to activate my online acct, the thing don tire me ooo

That's a long time. Why don't you call them? Try reaching them on the number for the trade alerts.


234-1-8923627
234-1-8923628
234-1-8179742
234-1-8179743
234-1-8179744

The first number worked for me.

@pumping,

u r correct.

@pumping

can u hint on those two insurance abeg, oh, biko

Pumping Abeg, since you don position already, I guess you have nothing to loose.
Just give us hint on the two

£

pumping777:

That's a long time. Why don't you call them? Try reaching them on the number for the trade alerts.


234-1-8923627
234-1-8923628
234-1-8179742
234-1-8179743
234-1-8179744

The first number worked for me.

Ahhh thanks, nagode, daalu, ese pupo, ese gan!!! Calling 1st thing Monday o

jideakin1:

Pumping Abeg, since you don position already, I guess you have nothing to loose.
Just give us hint on the two

Yes, nothing to lose except it's bearish again next week 

Anyway, I had eyes on Unic and Mbenefit. Beware of potential TS for Mbenefit sha.

These two still have reasonable fundamentals and have lost a chunk of weight.

Me dey try buy at lowest price of the day sha o.

Caveat Emptor Plenty.

nkc:

@uncle aktopgun and @aunty windywendy and @all d rest observed,

i thank u for insight on dunlop, i was on my parachute, although Cub bears , dey, i still made away with heavy loot, thank u once again.

Na "tank u" we go chop? Abeg send part of that loot to my house address @ northpole. postcode:90210

@All: Looks like loma's niwicable news about the new investor is true o. I still need to get more info though -- esp. on stuff like how many new shares will be issued, etc etc.

@Pumping, make you beware of this insurance sector o. Looks like oasis has spoilt their show. IBTC had been warning that investors will be disappointed by the time these insurance companies start to release results and reward shareholders with peanuts. Truth is most of them don't have the cash to pay mouth-watering dividends, even if valuations appear reasonable. And you and I know how the stock market likes to spark once a company comes out with rewards that are considered below expectation. Na real caveat dey there o!

PUMPING, I am sure u've looked at the chart but i thot i'd post it here for the others.

on MBENEFIT.

unic will follow

hmnmn, Oga pumping, thanks a lot.
What do you say to soverign trust? I think the stock is quite cheap at 5.62, another thing is I don't know which of their result shows the N333.1m profit, NSE website says it's 3rd qtr, I have another document that says second qtr result PAT=N333.1m. Do you know which is the truth?

windywendy:


@Pumping, make you beware of this insurance sector o. Looks like oasis has spoilt their show. IBTC had been warning that investors will be disappointed by the time these insurance companies start to release results and reward shareholders with peanuts. Truth is most of them don't have the cash to pay mouth-watering dividends, even if valuations appear reasonable. And you and I know how the stock market likes to spark once a company comes out with rewards that are considered below expectation. Na real caveat dey there o!

You talk well. My heart dey my mouth as I dey venture for this region but I bin don hammer in the last 4 weeks in that sector mainly by being lucky and greed no gree me comot there again. CICO for Lawunion, Prestige and Staco don spoil me    

Anyway, I agree with you but there are 2 insurance stocks I must be in wether they release results or even do PO. I believe these will deliver. Sure, I can vouch for most and for those ones I am ready for even 3 day CICO before dem trap me with woeful results.

If another week of depression continues in insurance though and we start seeing real good valuations, I am loading up fully on some of them because the results will still justify a price spike.

aktopgun:

PUMPING, I am sure u've looked at the chart but i thot i'd post it here for the others.

on MBENEFIT.

unic will follow

Correct guy. I have one major disadvantage as I don't have an agbero broker. I try to anticipate and buy early but hopefully near the lowest price of the day when the price is still falling. If the price spikes on Monday and the stock goes on bid, na story my ajebo broker go dey talk

ON UNIC  

by the way pumping u are big cahonnes to go for this in the short term one u know. admirable. what time frame are u looking at?

pumping777:

Correct guy. I have one major disadvantage as I don't have an agbero broker. I try to anticipate and buy early but hopefully near the lowest price of the day when the price is still falling. If the price spikes on Monday and the stock goes on bid, na story my ajebo broker go dey talk 

aaah.

i see where u are coming from. i am in the same boat. well done thinking pumping.

any more charts u'd like just holla

@bibiking1, I recall we touched briefly on oando sometime 2wks ago -- see my part of the conversation below. If you bought, i'll advise you sell next week monday -- only if you bought for cico o. All the necessary caveats as usual.

windywendy:

Are you talking about Oando? It hasn't gone too far na. Try to factor in the kind of valuation multiples an upstream company will get and compare with the current price. Add to that the market stats you've seen the stock do in the last 3 days plus including market sentiments. You're looking at a stock that'll rise all this week and possibly well into next. That's what me thinks sha.

jideakin1:

hmnmn, Oga pumping, thanks a lot.
What do you say to soverign trust? I think the stock is quite cheap at 5.62, another thing is I don't know which of their result shows the N333.1m profit, NSE website says it's 3rd qtr, I have another document that says second qtr result PAT=N333.1m. Do you know which is the truth?

Well, I don't consider it cheap with a forward PE of over 57x.

It is the Q-3 result that is N333.1M.  If CICO fails and you get stuck with this one when their full year result is announced, you won't be too happy.

Another reason why I am risking a stock like Mbenefit is that they had a bad last quarter. This was meant to be due to some major claim. If this is reversed and they return to their earning partern, the full year results will still justify the current price even if there is no spike because the earnings yield will probably still be no more than 4%.