NSE 2008 FIRST QUARTER BEHAVIOUR:  I wish the remaining stocks in my portfolio will RELEASE VERY BAD YEAR END RESULTS, so that their share prices will begin to shoot up 5% DAILY

Mr. Risky:

NSE 2008 FIRST QUARTER BEHAVIOUR: I wish the remaining stocks in my portfolio will RELEASE VERY BAD YEAR END RESULTS, so that their share prices will begin to shoot up 5% DAILY

It's crazy isn't it? Guess a lot of guys in Nairaland are not complaining though!

Mr. Risky:

NSE 2008 FIRST QUARTER BEHAVIOUR:  I wish the remaining stocks in my portfolio will RELEASE VERY BAD YEAR END RESULTS, so that their share prices will begin to shoot up 5% DAILY

interesting scenario. isnt it.

look at it this way for the good companies who released bad quarter results or yearly results, it is an opportunity for CICOs to get off the plane and for people who see the value inherent in such companies to further strengthen their positions by buying into any drops in price. i always remind myself- one bad quarter doesnt make a bad company, or even a bad yr sef. As long as there are reasonable SHORT TERM reasons why the results dropped, i can excuse it. Now this si different if the reason behind the drop is a self perpetuating situation or recurring constant.

i am not sure if this thought would hold for the fundamental-less ones though.  

@ Benny 1877

Bought O & O at 182 and bailed when it dropped to 262.
Action speaks louder than words - like we used to say to the damsels when they said "you never tell me you love me".

Samstone4

Not sure who asked about baic earlier but here goes. CAVEATS APPLY

The stock market looks very interesting but, ppl should really with caution. u need to read as much as possible and look at figures and facts before u go into buying any stock.

Their are some very good stock gurus here that the newbies can learn from. remember that their is a saying that what the eyes sees doesn't hit the eyes.

so if you have to trade in the stock market, plssssss do so wisely.

Make una dey see Ikeja Hotels sef with 94M units in 39 deals

Something dey sele for here o and na hide and seek. The accumulators waited for the price to dip a bit today before pouncing. See strategy for NSE

Se una don dey see as GDR volume dey worry Diamond? 37M units.

Roughcut,
Any info on Wapco's year end?

Who is watching?

Unilever
NASCON
PZ
7 Up


NSE Bad stocks with impressive results:
UBA
FCMB
DIAMOND BANK
OCEANIC
NIGERIAN BREWERIES
WAPCO
VITAFOAM (Until after closure date)
Fidelity Bank
Dangote Sugar (warming up to join the list)

COMPANIES WITH NSE FUNDAMENTALS:
UNTL (its even on bid after a gargantuan yoy loss of over 1000%)
Evans Medical (Had a fantastic bull run after an impressive woeful result)
Transcorp (still trending up, even without management)
Eterna Oil (Looking forward to a fantastic LAT (Loss After Tax)
Dunlop (Looking forward to an impressive LAT (Loss After Tax)
Afprint (Have Been bullish even without 2006, 2007 result at least so far)
Grommac (Have been bullish, though don't even know what they do)
Livestock (Has been bullish, even without life in the stocks )
Josebreweries (Has been bullish, though its only in JOS)
Afroil (A mystic stock, but very bullish)
First Aluminium (Has been tremendously bullish, even with a superb interim LAT (Loss After Tax)
Capoil (A stock living in another name, though mainly in the east, but its bullish over the federation )
Okitipupa (Very bullish, has been on net BID, not many yorubas even know what this company produces )
Vono (Products so archaic, I can't even recognize them if I shown one, and yet very bullish, though has an impressive record of huge losses)
Polyproducts (So bullish I even thought it was POLICEPRODUCTS  Checkpoint)
Juli (May remain bullish even till July )

Did I hear someone say "the list is endless, jare"

Its December but i think they released the results already not sure though

Mr. Risky:



NSE Bad stocks with impressive results:

COMPANIES WITH NSE FUNDAMENTALS:

Did I hear someone say "the list is endless, jare"

THE LIST IS ENDLESS JARE

I am comparing Niwicable/ Beta glass/ABC for a hit?

I only want to hit one -

Which is most attractive at current prices?

I already have my favourite but want others contributions

Onward Paper Mill Private Placement

rasputinn:

Roughcut,
Any info on Wapco's year end?

Yep PAT FYE '07 N13.895B 4.5% increase over previous year and a dividend of N1.20 closure date 9 May 2008. The results and dividends didnt move the price though! Another one for Mr Risky's list

@NaijaDr
Hoped to get your UBA bid and offer status of the market.
I use UBA stockbrokers too but can't get them to include me in their mailing list. Everything about their service indicates overworked staff who haven't got time to attend to anything but buy and sell mandates.

Iwerebor:

I use UBA stockbrokers too but can't get them to include me in their mailing list. Everything about their service indicates overworked staff who haven't got time to attend to anything but buy and sell mandates.

Especially if a lot of their  clients are now addicted to doing CICO and RO-RO

yodiyokun:

I am comparing Niwicable/ Beta glass/ABC for a hit?

I only want to hit one -

Which is most attractive at current prices?

I already have my favourite but want others contributions

I don't see any of the three releasing a bad result. So I fear if they will be attractive    The attraction these days is always an IMPRESSIVE BAD RESULT  

The trend has changed, so I am changing along with it.  My N2m held down in Diamond Bank since early January would have fetched me no less than 150% returns if I had gone for Capoil, First Alluminium, Evans Medical or Afroil. Just my 3 naira worth

yodiyokun:

I am comparing Niwicable/ Beta glass/ABC for a hit?

I only want to hit one -

Which is most attractive at current prices?

I already have my favourite but want others contributions

If you havent hit ABC do so in the next 2 days if the rumours of an impending PO are confirmed you know what's going to happen. Fundamentally BetaGlass appears most attractive but i think that one don dey fly now and NiwiCable hmnnnnn  the jury is out on that one. And you know as well as i do fundamentals and good results do little or nothing on the NSE nowadays.

I get ABC and Niwicable. Go for the Alphabets for a quick hit

I have been aiming to sell my Dangote Sugar as soon as they will release result thinking that that would move the stock, NOW the very REVERSE is the case.  Yes, the price will trend up, BUT WHEN??  If people are not impressed with BONUS and DIVIDEND, and are obsessed with LOSSES .  What should be the tricker  Just wondering?  I wish I had sold it when it rose to N51

Mr. Risky:

I have been aiming to sell my Dangote Sugar as soon as they will release result thinking that that would move the stock, NOW the very REVERSE is the case. Yes, the price will trend up, BUT WHEN?? If people are not impressed with BONUS and DIVIDEND, and are obsessed with LOSSES . What should be the tricker Just wondering? I wish I had sold it when it rose to N51

This NSE make we just bow.

I sold john Holt almost 2 weeks ago and the thing is still gaining max everyday infact it has not dropped its price for the past 3-4 weeks and i'm not even aware of any results they have released of recent either IMPRESSIVELY BAD OR IMPRESSIVELY GOOD. At least that way i for sabi the thing wey dey push am

The fear of NSE is the beginning of wisdom

R.T. BRISCOE PLC released its result for the year endedDecember 31, 2007. The Company’s Turnover and Profit afterTax went up by 23% and 15% respectively.

im pleased that when i said dangote sugar is giving a 1 for 5 bonus on friday i was ignored very pleased. my new broker is a dream. i hope it will last sha

i think i also mentioned i was privy to celtel coming and i was ignored. anyway its all good. i will face that one full on.

Market Review
The week still saw a lot of transaction velocity in the insurance sector, much like the attention the banking sector enjoyed in its post-consolidation period. Now that a similar self-induced, second-phase capital base expansion process has begun in that industry as was witnessed in the banking sector, the prospect of growth in insurance business begins to look real. The current share offer of Standard Alliance Insurance Plc aims to boost its capital base to some N20 billion, just as is the impending offer of Staco Insurance. With these, insurance business should be getting much bigger and it's time to begin to indentify the future industry leaders, more a function the capital growth and a crack management team. Operators like Standard Alliance and Staco look poised to play in that class, just as we expect of AIICO, Crusader, Niger, LASACO and a some others. IGI looks set to get listed soon and will also be expected to fight for a frontline position in the sector. 

In the conglomerates sector, Unilever, which is experiencing a price rally, is expected to sustain it on account of its significant recovery from a loss-making position. Its third quarter to September 2007 PAT of N1.524 billion, compared to a same-period loss of N1.388 for the preceding year, should portend better days for the stock. The company has been on a recovery effort and that is obviously yielding good results, expected to trend further up. Meanwhile, transactions in Transcorp shares were huge in the week, taking the second slot after Universal Insurance (see top trades chart below). The indication: just as there were stockholders wanting to get out, there were those that mopped it up. The stock, in the process, picked a 12.47% rise in price. While the direction of the company cannot easily be pinned down at this point, it's clear that no stakeh older, including the government, wants NITEL or even Transcorp, dead. So, should you really sell now or wait it out? If you have better prospects in an alternative investment, bailing out would be justified. Otherwise, waiting it out is an option to consider.

Though the banking sector still commands sustained volume strength (First Bank, Intercontinental, Oceanic, UBA and Fidelity were sector leaders in the week), it continues to trail the insurance sector in trade tempo. More remarkably, nearly all the banks picked losses in the past week (see chart). However, we think the sector's potentials haven't diminished, in spite of current market sentiment. Some have reported very strong earnings growth performance that should boost returns expectations. Consider these, for instance: Fidelity's 160% growth in PBT for Q2 to 31/12/07, Oceanic's 160% PBT growth in Q1 to 31/12/07, Access bank's 206% PBT growth for Q3 to 31/12/07, Afribank's 207% growth in Q3 PBT to 31/12/07 or Bank PHBs 315% growth in PBT for Q2 to 31/12/07. The top level banks have earned well too: UBA 100.66% Q1 growth in PBT or First Bank's 70.37% growth for Q3 to 31/12/07. Taking the results on their face value and considering the ex pansion drive of most of the banks, the current price weakness in the sector needn't cause a panic.

greentree:

i think i also mentioned i was privy to celtel coming and i was ignored. anyway its all good. i will face that one full on.

I checked with my broker and they told me they had no idea but then i dont expect  them to know anything of that sort

So what sayest thou?

RoughCut:

If you havent hit ABC do so in the next 2 days if the rumours of an impending PO are confirmed you know what's going to happen. Fundamentally BetaGlass appears most attractive but i think that one don dey fly now and NiwiCable hmnnnnn  the jury is out on that one. And you know as well as i do fundamentals and good results do little or nothing on the NSE nowadays.

I get ABC and Niwicable. Go for the Alphabets for a quick hit

See me see trouble oo - see mr risky and roughcut steering me in the direction of CICO, RIRO ogaju, you these men,

So na only quick hit ABC dey for innit? or na for medium term - This apear to be headed maiduguri ooo I just dont get the hype?

Both of you agree Beta Glass na good one for medium term?? fundamentals but no CICO action.

Anyone wey get ear, dey load Bank stock now oooo - They will deliver.

greentree:

i think i also mentioned i was privy to celtel coming and i was ignored. anyway its all good. i will face that one full on.

Pls mention another driver, I WON'T IGNORE YOU, THIS TIME

yodiyokun:

See me see trouble oo - see mr risky and roughcut steering me in the direction of CICO, RIRO ogaju, you these men,

So na only quick hit ABC dey for innit? or na for medium term - This apear to be headed maiduguri ooo I just don't get the hype?

Both of you agree Beta Glass na good one for medium term?? fundamentals but no CICO action.

Anyone wey get ear, dey load Bank stock now oooo - They will deliver.

If the hype surrounding ABC is true its very good for CICO. If you want BetaGlass for medium-long term you go wait small make him offload the contraband wey him carry.
But we spoke about ABC about 2 weeks ago na. You for don make your 25% commot

So you no dey for CICO and RO-RO?

yodiyokun:


Anyone wey get ear, dey load Bank stock now oooo - They will deliver.

All the banking stocks wey i get  them they serve life sentence for my long-term portfolio. I dey go on shopping spree for FBN

yodiyokun:


Anyone wey get ear, dey load Bank stock now oooo - They will deliver.

The time person go dey enjoy for all these banking stocks na when all the ones wey dey overweight come offload the excess weight by doing a share reconstruction. dey no go dey fit give bonus yanfu yanfu again and the price go just dey go on soun.

Oceanic and Intercontinetal spring to mind

UBA didnt send daily stock position today o

@AkTopGun,

Ak, u get winches ooooooooooo. You talk am say Japaul no go fit cross N15. See as they loose 5% today. Me wey position for see tomorrow at above N15.00. This NSE don dey use juju self. Me I don tire.