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Re: Stock Market Tips For Nigerians by NBA(m): 6:40pm On Mar 09, 2008 |
wanaj0:Sad @Wanaj0, Pumping, Wendy, What do you guys know about NSLTech management? Can they deliver? I appreciate your responses. http://www.stockmarketnigeria.com/2008/02/04/national-sports-lottery-deploys-20000-e-payment-machines/ Dr. Kola Daisi, the Chief Executive while addressing financial correspondents, stated that the company projects a profit after tax of N3.03billion and N7.27billion and N9.1billion within the next three years respectively, promising a reward of up to 60 per cent of profit after tax as dividend pay out. While adding that more than 70 percent cash was still outside of the banking system in Nigeria, he raised hopes on the possibility of the installations absorbing up to 40 per cent of cash- dependent transactions. He pointed out that Nigeria has less than 2,000 terminals, and that this initiative would see installations made in filling stations, supermarkets, hotels, shops, restaurants etc. |
Re: Stock Market Tips For Nigerians by aktopgun(m): 7:02pm On Mar 09, 2008 |
jideakin1: confirmed sir. |
Re: Stock Market Tips For Nigerians by invisible2(m): 7:07pm On Mar 09, 2008 |
Can anyone help clear something for me here? I used to think it was the NCR that mounts cash machines/ATMs, now that link about NSL installing cash machines? Is this the same type offered by NCR or a different type? |
Re: Stock Market Tips For Nigerians by Safive: 7:10pm On Mar 09, 2008 |
pumping777: Thanks so much |
Re: Stock Market Tips For Nigerians by jideakin1: 7:14pm On Mar 09, 2008 |
@ Pumping and all, Please confirm this data for me, NEM - PAT 3rd Qtr=330000000, n0 of Shares=5029250734, this gives me a forward PE of 55 @ current price which looks quite expensive to me. Abeg save me from wrong data oh. |
Re: Stock Market Tips For Nigerians by aktopgun(m): 7:15pm On Mar 09, 2008 |
invisible!: i got this for u: NCR Corporation is a leading global technology company providing ATMs, retail systems and IT services. NCR Nigeria provides support for financial institutions and companies throughout Nigeria. i guess there's now competition for the NCR in this area now. |
Re: Stock Market Tips For Nigerians by invisible2(m): 7:20pm On Mar 09, 2008 |
On the other hand, I believe the country still have a lot of potential in making money from flexible payment options. I think this ATMs have come to stay as I now find it so convenient withdrawing cash at odd hours in front of my office, just before I leave office as opposed to travelling to the nearest bank. As more ppl start to use this option, other methods of payment will become acceptable to the mallams selling suya or the ibo boys owning small shops. Then these big cash options providers will turn up more profits. I think NSL/NCR will rock. |
Re: Stock Market Tips For Nigerians by invisible2(m): 7:26pm On Mar 09, 2008 |
@topgun, the ATM nearest to me has NCR as its model, are you saying it was made by NCR global and then serviced by NCR nigeria, if so dont you think that at one point the two companies may combine operations; if the global arm feel there is good money to be made if they come nearer to this under banked region? |
Re: Stock Market Tips For Nigerians by NBA(m): 7:35pm On Mar 09, 2008 |
@Invisible I like your analysis and I am thinking the same. The growth potential is HUGE. If Soludu succeeds with the currency thing then these machines will work even better as they won't need to hold as much physical notes and people can withdrwaw more. Them fit even reach the yankee drive through model Plus I also think they will make good money from the lottery itself, na cash business. |
Re: Stock Market Tips For Nigerians by invisible2(m): 7:35pm On Mar 09, 2008 |
By these my postulations above, I am only trying to select the stock that may do better in the longer term between NSL and NCR, this will aid my decision as to which one to position in. Which would you chose at current valuations, all? |
Re: Stock Market Tips For Nigerians by invisible2(m): 7:41pm On Mar 09, 2008 |
@NBA, your mention of drive through ATM, I heard a friend say its already in Nigeria, but I dont know where. We are coming up, so would you choose NSL over NCR? |
Re: Stock Market Tips For Nigerians by cj2008: 7:43pm On Mar 09, 2008 |
invisible!: |
Re: Stock Market Tips For Nigerians by bigjay01(m): 7:45pm On Mar 09, 2008 |
pumping777: @Pumping I think MBenefit 9M '06 result is wrong. Shuld it not be Turnover/PBT/TAX/PAT ===> 759.2/231.6/18.9/212.65 I stand corrected |
Re: Stock Market Tips For Nigerians by cj2008: 7:47pm On Mar 09, 2008 |
is a bonus rumour true in betaglass?if anyone has an info,gladly let us know. |
Re: Stock Market Tips For Nigerians by NBA(m): 7:48pm On Mar 09, 2008 |
invisible!:I don't know myslef, trying to find out more too. I hope someone here can help with more information. |
Re: Stock Market Tips For Nigerians by wanaj0: 7:56pm On Mar 09, 2008 |
invisible!: GTB has the drive through ATM What is the relationship between NSL (Sports Lottery) and NCR?? NSL is isntalling 'GAMBLING' machines and not ATM!!!! cj2008: Rumours are only confirmed or disproved when the announcements are made!!! Remember the story of WAPCo? |
Re: Stock Market Tips For Nigerians by invisible2(m): 7:57pm On Mar 09, 2008 |
Beta glass bonus, then I don hammer! Only say the thing na rumors only. But why is the price not galloping up as it should. |
Re: Stock Market Tips For Nigerians by jideakin1: 7:57pm On Mar 09, 2008 |
AHHHH!!!!! @ all, Pumping, AKTopgun, everybody pls help me oh! When did outstanding shares for LASACO become 14,178,211,979? oh my God I already bought a trailer load of that stock. all these hiding of fact and information even by NSE is the reason why fundametal can't work with NSE. Chei! Nigeria with all it's ill in everything. Please what do you guys advice? sell off very quickly and count my loss? or just abandon the money there? but for how long? pls just help with any advice. I bought last week at 5.30, with the above outstanding share I don't see it getting back to 5.30 anytime soon not to talk of profit. |
Re: Stock Market Tips For Nigerians by wanaj0: 8:00pm On Mar 09, 2008 |
jideakin1: Don't know the figures of LASSACO. But it is already stated many times that figures as pere insurance companies are shrouded in secrecy!!!!! When the figures comes out, the prices will adjust accordingly. Do your due dilligence before placing an order. If you are doing a CICO, be assured that you can handle the associated eventualities. |
Re: Stock Market Tips For Nigerians by cj2008: 8:01pm On Mar 09, 2008 |
lasaco has abt 7 bill units,kant trace were u gt ur info 4rm.Meanwhile if i were u,i`ll stay put,Lasaco is is the most profitable insurance company in Nigeria.Ask someone |
Re: Stock Market Tips For Nigerians by wanaj0: 8:06pm On Mar 09, 2008 |
cj2008: And how did you arrive at this |
Re: Stock Market Tips For Nigerians by BIGBOYLARY(m): 8:07pm On Mar 09, 2008 |
TO BE INFORMED IS TO BE TRANSFORMED TO UNLEASHED THE POWER OF INFORMATION IS TO KNOW HAPPY WEEKEND [size=8pt][/size] |
Re: Stock Market Tips For Nigerians by invisible2(m): 8:08pm On Mar 09, 2008 |
I now have made a stand, I will buy more insurance stocks at any price below N3! This is what I will like to call my 'margin of error' price. |
Re: Stock Market Tips For Nigerians by FatherOF2: 8:11pm On Mar 09, 2008 |
beginner: OKOMU, But 3 forthnights waiting. @ Ioma Trully you have graphic talent. I'm actually enjoying observing more now. The new commers are pulling their weight. |
Re: Stock Market Tips For Nigerians by wanaj0: 8:17pm On Mar 09, 2008 |
FatherOF2: Lai Lai!!!! Request for observer status not granted You must be a weather forecaster? Would prefer Presco to Okomu though. Did you exit WAPCo or are you holding on? Rumours of a PO in the offing. So they may jerk up the price for that. |
Re: Stock Market Tips For Nigerians by wanaj0: 8:19pm On Mar 09, 2008 |
invisible!: Why Thought insurance na 10.00 stocks!!!! |
Re: Stock Market Tips For Nigerians by jideakin1: 8:20pm On Mar 09, 2008 |
Got the info from Meristem. What is more confusing is that I just noticed they have different figures in two different documents. 7,323,313,227 in one and 14,178,211,979 in the other. I strongly pray the former is the correct one oh. @cj2008 cj2008: How did you arive at this conclusion? even with the former as n0 of shares they still have an Est. EPS of 0.16. where did you put coys like crusader, custodian, LawUnion, Prestige and co.? Please tell me what I don't know. |
Re: Stock Market Tips For Nigerians by JAW: 8:25pm On Mar 09, 2008 |
deleted |
Re: Stock Market Tips For Nigerians by invisible2(m): 8:34pm On Mar 09, 2008 |
Ha! All the exiled peeps are back! Fof2 and even the BB larry himself! This must be a great night. @Wanaj0, I am very afraid of the insurance sector now, with these kinds of surprises like the 2kobo dividend, the uncertain # of shares, the 'big claim' scare, the sudden PO/TS traps etc etc, that sector will wait for me until I finish CICO in other sectors. They will see N10 maybe next year. |
Re: Stock Market Tips For Nigerians by debenzd(f): 8:39pm On Mar 09, 2008 |
wanaj0: hEARD OF THIS TOO. IF IT IS TRUE THEN EXPECT THE PRICE TO JUMP WHEN IT BECOMES OBVIOUS |
Re: Stock Market Tips For Nigerians by debenzd(f): 8:42pm On Mar 09, 2008 |
FatherOF2: fatherof2, we no gre ooooo! I have benn looking forward to your post this weekend. Na Sunday, Sunday medicine you wan be? Okomu is correct. Their result is due on the 5th of April |
Re: Stock Market Tips For Nigerians by invisible2(m): 8:46pm On Mar 09, 2008 |
@debenzed, waiting for Wapcos PO rumor to be confirmed will only mean you may arrive late for the price pump party. However my reason for refusing to buy next week is this, supposing you get caught in TS and has to wait it out, the price surge post TS may not happen - reason? Remember that this is the same company that has paid N1.20 for a N70+ share? How much could they pay with increased shares? |
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