Omoba3:

Imiegba1: As another guguru in da house and based upon what I have learned from our Gurus and Gurusis, this is what I can glean from the available data on Eternaoil.

It has been on the rise since the 20th of February!!! This translates to 18 consecutive days of gains!! (Somebody done chop!) This cannot continue without a reversal. CICOers will either swoop in to take profit or those holding the stock throughout the period of these gains might decide to disembark at some point. Where that point is I don't know!!

This charts show that money is still chasing the stock: Chaikin Money Flow, MACD is trending positive, as for the candles we go leave that one for Topgun.

I hope this helps some.

omoba, nice one man. nice one.

debenzd:

@ Aktopgun,

how u dey? Hope Tobe is doing well.

How old is he now?

hey girl. he is fine, thanks for asking. results due this week again. he is 14weeks wednesday

aktopgun:

results due this week again. he is 14weeks wednesday

There's only one result we are all standing on. The one that the ready writer HIMSELF has signed and sealed with the precious blood of the Lamb. Bad news will not travel in the direction of your household in Jesus name!

1-4 BONUS FOR BETAGLASS.
CONFIRMED.

@TOPGUN,
YUR PRAYERS HAVE ALREADY BEEN ANSWERED, JUST REJOICE FOR THE MANIFESTATION, AMEN AMEN AMEN & AMEN

cj2008:

1-4 BONUS FOR BETAGLASS.
CONFIRMED.

You sound as if you have an ulterior motive!!! How many times do you need to say that?

Aktopgun,your baby name is Tobechukwu meaning you should always praise the Lord and come rain or sun you will always praise the Lord at the end of the day your testimony is on the way,Rejoice.Our name always have big effect in our life and Tobe own wont be different because the man up ALWAYS DELIVERS.

@highlander,

lol

Naijadr:

@RoughCut, I also said bye bye to Costain at N74.85 Phewww goodluck to anyone else still on board, the price is way too outrageous, wont let greed get to me!!
I need to issue a buy mandate on Monday, what to buy what to buy
ABC
Dunlop
Chellarams?
Beta Glass?

Dunlop and ABC are CICO but with ABC you need to be careful though especially if the rumours of an impending PO start gaining currency you can expect an upside to  the price on the short run there are also rumours of a bonus and new businesses  but know when to get out!

I'm in there by the way

Chellarams and Beta Glass are fundamentally strong and will pass both CICO and medium-long term tests. Infact i have a forward PE of 14.3 for Chellarams and 17.2 for Beta Glass sure the selection looks reasonable to me

aktopgun:

omoba, nice one man. nice one.

Topgun: Thanks 4d compliment. All is well with Tobechukwu.

Highlander:

You sound as if you have an ulterior motive!!! How many times do you need to say that?

Highlander: If you go back a few posts you will see that the same question was still being asked over again. So Cj2008 is not flogging a dead horse

This is good news for those that bought First Inland PO.

Cheers


N100bn IPO: First Inland to allot full value to subscribers
By Agency Reporter
Published: Monday, 17 Mar 2008
Subscribers to the First Inland Bank Plc’s N100bn Public Offer may not lose sleep over whether their subscription will be accepted or not as the bank says it will absorb every excess fund accruing from the offer.

According to a statement by the bank on Friday, the Managing Director, Mr. Okey Nwosu said this after a courtesy call on the Anambra State Governor, Mr. Peter Obi in Awka.

He said the bank’s management had already begun discussions with the capital market authorities on how to absorb excess funds arising from the offer.

“First Inland Bank Plc recently visited the capital market to raise N100bn. But the capital market has had to contend, recently, with refund of monies from companies after over-subscribed public offers,” the statement said.

It quoted Nwosu as saying that although the bank raised over a N100bn from the capital market, “we are not planning to dislodge any subscriber or return excess funds from the exercise. Rather, we are talking with the authorities of the capital market on how to absorb all subscribers.”

He had told Obi in Awka that, with 12 branches spread across Anambra State, the bank had the highest number of bank branches in the South East, it said.

He added that this was a testimony to the bank’s realisation of the economic potential of the state.

According to the statement, Nwosu described the Anambra State Integrated Development Strategy, a baby of the Obi administration as a fantastic initiative. This, the bank said, had given priority to educational development

@AkTopGun,

Oga AK47,

I hail oooooooooooooo. Abeg shine ur candle on Dunlop and Livestock for me ooooooooooooo. I take God beg you. I dey support say Dunlop don bottom out but I will need your canles to see the path wella.

@ Windy Wendy,

Madam, wetin I come do nowwwwwwwwww. You never wan reply my post on cico week (Three out of the six u recommended).

Thanks.

STOCKS TO SELL

ETERNA OIL

CONOIL

AFROIL

wanajo:
5% for 4 days na 20% be that. Not bad for a CICO stock

Na only the unfortunate remaining Mugu's fit enter collect that wan.

rt briscoe in a second year in a row,has just given a 1-4 bonus,

@ AKT

How do you view live trading on-line?

As per Tobe,, HE that has promised is Faithful !!

@ALL

CCNN is at an all time low, can it go any lower ?, fundamentals is wacky , I'm not keen about this stock, just stumble on it ,

windywendy:

Ladies and Gentlemen of the forum, introducing . . .

UNITED NIGERIA TEXTILES PLC
3RD QUARTER STATEMENT FOR THE
PERIOD ENDED SEPTEMBER 30TH 2007
                        2007          2006
TURNOVER                 N13.866b      N13.583b
PROFIT BEFORE TAXATION  (N755.698m)   (N56.648m)
TAXATION                  NIL           NIL
PROFIT AFTER TAXATION   (N755.698m)   (N56.648m)

This result bad no be small.

A friend of mine wanted to do one quick cico on this stock last week, na so I come warn am say "results will be out soon, and I don't expect the results to be good o, so stay clear"  . In retrospect, I guess I was right. _{Wey my phone sef, make I go collect my bottle of wine  .} But then again, with this NSE sef, the stock price might still keep moving up despite the result.

Happy weekend everyone!

Did you say Bad? This is a cataclysm of titanic proportions wish i could find a stronger adjective to qualify the qualifier

They have managed to increase their 3Q losses by 1248%!

To imagine that this was a stock that was on an extended bull-run a  while ago on this  same NSE beggars belief!

Dangote results out, as usual, bonus and dividend.

DANGOTE SUGAR REFINERY AUDITED ACCOUNT FOR THE PERIOD ENDED 31 DECEMBER 2007
2007 2006 CHANGE % CHANGE
N'b N'b N'b %
TURNOVER 80.649 83.767 -3.118 -3.72
PBT 30.662 16.657 14.005 84.08
TAXATION 9.184 -9.184
PAT 21.478 16.657 4.821 28.94
PROPOSED DIVIDEND (FINAL) 50 KOBO
BONUS 1 FOR 5
CLOSURE DATE 24 - 27 MARCH, 2008
PAYMENT DATE 11TH APRIL, 2008

(from ZSL)



As par UNTL, someone said here that bad results now lead to price increases in NSE, after the catastrophic results of UNTL, the stock still gained almost max on friday. Let's see what today holds for teh stock. However the result was for 3Q, amybe they will rush to release the FY to remedy teh situation.

@pumpin

I have somE RTBRISCOE
as they have given a 1 to 4 bonus now, if i sell my holdings say tomorrow, will i get the bonus?
also this news should mean people would start selling off and may lead to a price decline.
is this statement valid?
please analyze

@ALL
FEEL FREE TO CONTRIBUT

I see IEI is doing a turn around, I have loads of it stocked up and wondering whether to sell and move into something else.

i had wanted to repost on CCNN yesterday and another company i am watching- GSK but i decided against it. I do not make buy or sell recommendations but like to discuss the technicals to further enhance my skills and learning. i personally do not want this forum to turn into one where fellas just ask "what do i buy or sell" but rather to slowwly but surely understand "Why" someone would suggest a buy or sell on any stock. i still maintain that for the individual investor, value investing is safer and causes less sleepless nights and heartache. Besides what happens if ur computer crashes or u cant get a hold of ur broker in time?

my thoughts on CCNN using TA, as i said earlier last week on it is that its supprot is currently between N18 and N19 and i expect it to do an upswing this week. I expected it on friday but it had not actually touched that support line till friday. i hope i'm right and not just blowing smoke  .

Dunlop, it may stagnate a bit but i personally do not see it dropping further for now.

lets see what the markets do today.

@prince11, i answered u last week on the question u asked, guess u didnt see it, the stockexchange website mate

Nawa o! This thread is loaded! 674 replies! Omo, people like money o!

Ope, abi you no like money, empty ya account for my own na!

Keeping pace with this thread is unconsciously creeping into my priority list! Na wa o

@AKT, You are doing real good! Keep it up man.

@blueband et pumping (i know u both have IEI)

Investment and Allied Assurance.

Investment Duration: ShortTerm (3-6mths)
Today's Price: N5 (4 units of shares)
Trading Range: N6:00 - N20:00
Personal Rating: 7/10

This was offered on private placement Last year (precisely - August, 2007) at N2.60 at N2.00 par value, today it's being offered for N5.k. This means that you will get 4 times the number of shares you pay for, and since It will come to the market at N1.50 it actually means that it's coming at the equivalent of N6.00 at N2 par value. There is a limited offer of this available for N5 per share also at N2.00 par value. You can get reciepts for whatever volume you want within what is available. The company was in for the quotation committee meeting last week, and it can be crossed directly to individual accounts in the CSCS. All Interested in this are required to make their cheques available to Infinity Royal Asset Managment Ltd by Thursday this week. Drop your Check at Generis Solutions, 3rd Floor Oluwatobi House, 71 Allen Avenue, Ikeja Lagos ask for Joseph Osodi,


BGL Securities.

Investment Duration: Midterm (1-2yrs)
Today's Price: N7:00
Trading Range: N20:00 - N30:00
Personal Rating: 6/10

This is one of the biggest Stock broking firms in Nigeria. Information reaching me has it that they don't need our money. The private placement is already closed, but we have a few days window to tap into it. Their Private Placement share price is N7.00 and they are planning to be listed first quarter of next year at N27.00. Minimum shares one can buy in the PP is 1,000,000 units, but we can collaborate. All interested in this are required to make their cheques available to Infinity Royal Asset Managment Ltd by Thursday this week, pls ensure that you get your reciepts. Drop your Check at Generis Solutions, 3rd Floor Oluwatobi House, 71 Allen Avenue, Ikeja Lagos ask for Ogho Emore.


APT Securities and Funds.

Investment Duration: Midterm (1-2yrs)
Today's Price: N6:00
Trading Range: N20:00 - N30:00
Personal Rating: 6/10

This is also one of the top 10 Stock broking firms in Nigeria, The APT securities stock private placment is already closed, but it's available for us. We have an opportunity to pick multiples of 1,000,000 shares at N6:00 per share. All interested in this are required to make their cheques available to Infinity Royal Asset Managment Ltd by Wednessday this week, pls ensure that you get your reciepts.Drop your Check at Generis Solutions, 3rd Floor Oluwatobi House, 71 Allen Avenue, Ikeja Lagos ask for  Joseph Osodi



Osodi Joseph 'Ekwu,
Deals administrator,
New Nigeria Club.
e.osodi@generis-solutions.com
www.josephekwu.,
08023967677.


I got this mail this morning please could someone  explain it better for me in layman's language
thanks

Still no market situation report, nobody peeping at the floor?

Chei!  E be like say our driver for ABC don pull hand brake join the brake wey him match last friday?

www.trw-stockbrokers.com/services.aspx

dunlop

CCNN

GSK

CILeasing

IEI

interesting stuff. would like to see the candle patterns today.

i forgot to add

Dansugar

@roughcut

se o n ri ABC sha!

aktopgun:

i forgot to add

Dansugar

And ABC but i think what happened today is a confirmation of what we said last friday. I think its still going to drop for a few more days. Bullish reversal trend has been confirmed by the drop today