@All

Today's prices out: http://www.trw-stockbrokers.com/services.aspx

I been stabbed again today.

This COSTAIN self. They dem be the only stock self. HABA. This one don pass blood money oooooooooooo

Today's prilist

@roughcut



CCNN

DUNLOP

BAICO

IEI

ABC

DSR

CILeasing

interesting stuff. will wait to see the candles

GSK dropped but pattern still quite good.

Fatherof2 eterna no even wait for Thursday. e done start im bleeding o!

See me see NSE, na bad result beta pass o!. The new formular is declare a loss and see your share price move.

I tire no be small.

RoughCut:

Hmnnnn,  ABC shed some weight as expected  and guess what? Dunlop is representing as expected!and Ikeja Hotels is now out of my striking raduis
Costain is now officially OUTRAGEOUS and if i had gone back in again into John Holt last week i would have made more than 25%

on ikeja hotels

as i said yesterday, "i'm loving it, loving it, loving it, i'm loving it like this!!!"  

See Vitafoam rallied after the closure date had passed and just in time for 1st qtr results.

@Fatherof2 the trend seems to be changing from long closure dates to very short closure dates. What is up with these peopele?

aktopgun:

on ikeja hotels

as i said yesterday, "i'm loving it, loving it, loving it, i'm loving it like this!!!"

Why am i not loving this

aktopgun:

@roughcut





ABC


interesting stuff. will wait to see the candles

The High Low and Closing prices  are the same so i expect another spinning top  today

@ roughcut

After u don clean up for costain. u no be greedy person now

@ debenz, girl, a few thots for u

aktopgun:

@roughcut



CCNN

DUNLOP

BAICO

IEI

ABC

DSR

CILeasing


interesting stuff. will wait to see the candles

GSK dropped but pattern still quite good.

CILEASING, CCNN DUNLOP , ABC, more interesting stuff don't need candle for that.

Malaga:

CILEASING, CCNN DUNLOP , ABC, more interesting stuff don't need candle for that.

good for u man. i like my candles and my indicators. they work for me.

RoughCut:

Why am i not loving this

accept condolence Roughcut, but frankly the Ikeja Hotel Bus waited at the last aiport for a pretty long time, got in @ N7 on 29th Jan and the real move didnt really start until early March. 5days to 3months CICO expiry and now 38% up after comissions. I am realy loving this also!!!, reminds me of WW AG leventis regret ()

Aktopgun, please help me shine your candle on TransExp. and pls interpret ur candle analysis. thx in advance.

TeeHay:

accept condolence Roughcut, but frankly the Ikeja Hotel Bus waited at the last aiport for a pretty long time, got in @ N7 on 29th Jan and the real move didnt really start until early March. 5days to 3months CICO expiry and now 38% up after comissions. I am realy loving this also!!!, reminds me of

I got some last year and i got out at N7 or thereabouts and i have not been able to get back in again. I only have tasere on board now_{feeling a bit frustrated}

And it looks like the bull run has still got some life in it but will like to see the candles for today

RoughCut:

I got some last year and i got out at N7 or thereabouts and i have not been able to get back in again. I only have tasere on board now_{feeling a bit frustrated}

And it looks like the bull run has still got some life in it but will like to see the candles for today

a green marubozu dear friend

Hi all,

I run a firm in the UK called Structured Consulting. In Summer of 2008, we are planning to run a series of educative seminars on "Investing in the Nigerian Stockmarket" in major UK cities, i.e; London, Manchester, Birmingham and Glasgow. As a result, we need about 4 well qualified speakers from Nigeria who have deep understanding of the Nigerian StockMarket. The speakers should:

[list]
[li]Preferably be a stock broker
Excellent Communication skills
Good spoken english
Ability to teach
Charismatic
Excellent track record in stock trading
Posses a valid UK Multiple visa
[/li]
[/list]

In return, Structured Consulting offers:
[list]
[li]A very good pay deal
Hotel accomodation sorted for the period
A car and a driver attached throughout stay
Return Ticket provided
[/li]
[/list]

If you have the above qualities or you know someone who does, please contact me on kola.oyeneyin@yahoo.com to arrange for a telephone conference.

Deadline: 31st March 2008

Thank you

Anyone watching ETI??

@AKTOPGUN,

na really chei! I know someone that bought at less than 18 naira round about d same time.

Meanwhile my portfolio dey red no be small but I know say na NSE season. infact I dey look 3 money to buy more of these stocks becos e low pass how i buy dem b4. At least one can even out and wait till June.

DUNLOP ON THE ROAD TO RECOVERY ?

(Culled from www.stocknewsline.com with additional reports by me)

The essence of Dunlop Nigeria Plc raising funds from the 2006 PO is to restructure the company's financing position by repaying part of the loan it procured to finance the All Steel Radial Truck (ASRT) plant as well as enhance its working capital. If there was anything that has eaten deep into the company's coffers in recent years, the ASRT plant was it. Yet, it is an inevitable project if the company is to have its fair share of the heavy haulage tyre market.

The ASRT project is in line with the company's desire to give the best quality in radial, tubeless and tube tyres to the consumers. A heavy, capital-intensive industry, especially, in a highly specialised sector like tyre manufacturing, with relatively low margin, requires a steady stream of additional investment to increase unit production volume and refitting for newer, more efficient technology in order to improve capacity and lower the cost of production.

Conceived as far back as the Á90s, the ASRT project suffered about a decade delay. This was due largely to the unstable political climate in the country then, aggravated by the dearth of long-term funds and partly as result of management's desire to take advantage of opportunities to get the most recent equipment available.

By the time the project was commissioned on August 30, 2005 by President Olusegun Obasanjo, it had gulped well over N6.5 billion and Dunlop has had to borrow substantially from the short-term window to finance it. Today, the total cost of the project stands at N7.2 billion. It could be said that since the repayment of the loans began, the company has been working for the banks.

For example, it is expected to pay about N1.7 billion as interests to the banks this year alone. This is not healthy enough, as substantial funds that would have been available as working capital has to be paid to reduce the debt stock and attendant financing charges. If this persists for too long, then the shareholders and the company might be in perpetual servitude, swelling only the vaults of the banks.

The estimated net Issue proceeds of N5, 158, 477, 500. 00 (including Right Issue proceeds) after deduction of Issue costs of N341, 522, 500. 00 (estimated at 6.21per cent of the gross issue proceeds) thereof will be spent to pay part of the ASRT loan and the remaining will be kept to enhance working capital. Specifically, N2.50 billion (48 per cent) will be spent on the former and N2.66 billion (52 per cent) will be utilised on the latter.

Towards making a success of the offers, the company had organised various fora to sensitise the public to the windows of opportunities that partaking in the offers would open for them. Expectations are high that the offers will be fully subscribed and the reasons for this optimism are not far-fetched.

Dunlop is an old and reliable company that is constantly willing to respond to current realities. Since its inception about 44 years ago, it has produced tested tyre brands that have made it a household name in the country. For instance, the ASRT plant was the third such giant stride that the company has made since it was established in the country in 1962.

On October 16, 1990, General Ibrahim Babangida, the then Head of State, at the same company's site, commissioned the N300 million Car Radial Factory, thus arousing feelings of nostalgia in those present. Then,the company launched the Dunlop Elite, a very successful brand in the country. These later went tubeless at a time when some people felt that tubeless tyres were not suitable for Nigerian roads.

Both the Dunlop Elite and Dunlop High Profile that followed have been accepted as some of the best tyre brands for the Nigerian roads. Of course, these brands would not have been possible but for the company's heavy investment in technical support. Good products advertise themselves. The successes recorded in Nigeria, which have earned Dunlop many awards locally and internationally, have opened a vista of opportunities for it in the West Coast.

There is also a strong corporate governance culture with effective risk management system that the company is noted for. Without these qualities, it would have been impossible for it to remain afloat in spite of the harsh economic challenges. The management is not only tested, it keeps re-energising itself, bringing in new blood where necessary, to ensure it meets its target.

One other thing that Dunlop has going for it are members of its board who are experienced and credible.

There are more reasons to invest in Dunlop. Firstly, there is a reasonable return on investments, assured from 2008. The new Supersteel tyres have so far been well received, on evaluation. Imported stocks currently dominate the truck tyre market. However, the full commercialisation of the truck tyres that will commence in the first quarter of this year is expected to add significant value, through doubling of turnover.

This is much more so with committed demands from some of the major regular truck tyre users. Such increasing demand will hopefully lead to sharing of overhead costs and this will ultimately lead to reduced product cost and higher profit. So, existing shareholders who had been going without dividends of late should be able to reap the fruits of their sweat even as new ones too will be smiling to the banks.

Also, Dunlop Nigeria through its newly acquired subsidiary Pamol Nigeria Limited (the owners of the largest Rubber plantation estates in Nigeria) has just acquired 5,000 hectres of Rubber plantation from the Cross River State government thereby positioning themselves for a monopolistic supply of raw materials for increased production and with the possibility of exportation of rubber crumbs which serves as a valuable foreign exchange earner.

@wanajo, i dey watch am but no cash o! Dem suppose release result dis month.

debenzd:

Fatherof2 eterna no even wait for Thursday. e done start im bleeding o!

See me see NSE, na bad result beta pass o!. The new formular is declare a loss and see your share price move.

I tire no be small.

 I see am my sister. I see am. I've already collected my killing (sorry Assassination) on that stock, made several millions and spread my loot on other cheap stocks, hence supporting my networth and moved on. Though i still remain some change there because it will never come back to my N16 buy price again.
As per the closure dates, we're close to the end of the First Quarter of Business for the year. I think they just want to round up their activities this quarter including
last years books quickly.



I think igiegba1 made a smart move yesterday on Eterna. Now many will panic and there'll be no buyers on the other end of the line.

igiegba1:
I see say everybody don sleep. Thanks to everybody on this forum. Finally exited Eternaoil today    . Is Ikeja Hotel still okay to go into. I placed my order with my broker since Friday still no show.

aktopgun:

a green marubozu dear friend

Yes o bro but the volumes come evaporate so we are talking a couple of days bull run abi? as RSI don pass 70 sef and momentum way high over to the +ve range above 2.0 and the 12 and 26-DAy MACD is +ve.

It also closed well above  its Bollinger price band for  20 and 2-day range so not sure the bull run will last till the end of this week.

Hmnn, did i just say that?

RoughCut:

The High Low and Closing prices  are the same so i expect another spinning top  today

Yep ABC did another spinning top today so looks like where the price is heading will not be resolved in a few days. The spinning top is in the context of a bullish trend just like lastt friday i think it should be easy to predict what will happen tomorrow

pls gurus love your contributions on tis section of nl.
guys wht is happening to wapco and guinness.

STOCKS DAT RE READY TO BREAK RESISTANCE,

1)NASCON

2)CCNN

3)NIGERIAN GERMAN CHEMICAL

I can see DISAPPOINTMENT on the faces of those on the Unilever Train.  Who wants to receive dividend in coins for a N28 stock?  Why can't they pay "Extra Ordinary Dividend", they always have "extra ordinary item".  I am available when they are ready, but not now.

I can see Dangote Sugar shooting after closure of register.  The happening year is knocking. The guy's strategy would be to release a fantastic 1st qtr result some time in April, and guys will go for more UBA pluses

But when will NASCON tell us what they have for those of us waiting on the queue?   Diamond Bank N19 plus in March? and FCMB N18 plus  This BEAR dey drink plenty BEER oooooo.  Hoping to tidy up a loan and shoot without missing, great BUY opportunities to average out are open, and yawning for recognition.

WHO CAN PREDICT NSE  Maybe in the 2nd Quarter, Motherof3 or Uncleof666 will do that  And who takes those titles   Don't be surprise might be a neophyte in the game.  People who don't analyse but rely on instincts have made their millions in this 1st quarter.

This is about the unique NSE 1st quarter that analysis paralysed a lot of guys who could not but stand still helplessly watching FUNDAMENTALLESS stocks taking their giant strides up north.  I once asked about Ikeja Hotels, a guru here has said that the growth potentials is what is hampering the stock.  But today, from N6.70 to N10+, and yet DIAMOND along with other fundamentally sound stocks have painted my portfolio so red I cannot recognize the figures any more,why Afroil and Capital Oil guys are smiling to their pastors

I rest my case, anyway its a matter of time and season.  When I will begin to explode in these bank stocks, no one should write me any LOVE letterooooo or ask for my private email address  I go just bone

MrPresidnt:

Hi all,

I run a firm in the UK called Structured Consulting. In Summer of 2008, we are planning to run a series of educative seminars on "Investing in the Nigerian Stockmarket" in major UK cities, i.e; London, Manchester, Birmingham and Glasgow. As a result, we need about 4 well qualified speakers from Nigeria who have deep understanding of the Nigerian StockMarket. The speakers should:

[list]
[li]Preferably be a stock broker
Excellent Communication skills
Good spoken english
Ability to teach
Charismatic
Excellent track record in stock trading
Posses a valid UK Multiple visa
[/li]
[/list]

In return, Structured Consulting offers:
[list]
[li]A very good pay deal
Hotel accomodation sorted for the period
A car and a driver attached throughout stay
Return Ticket provided
[/li]
[/list]

If you have the above qualities or you know someone who does, please contact me on kola.oyeneyin@yahoo.com to arrange for a telephone conference.

Deadline: 31st March 2008

Thank you

How about those peeps in the diaspora at least they will save you a fortune on accommodation and flights?If you have been reading this thread surely you must have realised a lot of them know much more than some of our so-called stock-brokers

doncaster:

please gurus love your contributions on tis section of nl.
guys wht is happening to wapco and guinness.

There is fuel scarcity, so not enough fuel to PUSH THEM START  They are fundamentally sound stocks, but cannot give you more than their annual dividend.  Capital appreciation is equal to -0

aktopgun:

good for u man. i like my candles and my indicators. they work for me.

Does not mean to discredit the candle AKTOPGUN. Just that am from a different background. i like what you are doing with those candles.

But i have too much on those stocks mentioned.(maybe cos of NSE background)

@RoughCut, thanks for your reply mate. I haven't been following the thread, just found it and thought I might get a bit of joy here, Please specify if you can, who are those at diaspora? Are they in the UK?

Mr. Risky:

I can see DISAPPOINTMENT on the faces of those on the Unilever Train.  Who wants to receive dividend in coins for a N28 stock?  Why can't they pay "Extra Dividend", they always have "extra ordinary item".  I am available when they are ready, but not now.

I can see Dangote Sugar shooting after closure of register.  The happening year is knocking. The guy's strategy would be to release a fantastic 1st qtr result some time in April, and guys will go for more UBA pluses

But when will NASCON tell us what they have for those of us waiting on the queue?   Diamond Bank N19 plus in March? and FCMB N18 plus  This BEAR dey drink plenty BEER oooooo.  Hoping to tidy up a loan and shoot without missing, great BUY opportunities to average out are open, and yawning for recognition.

WHO CAN PREDICT NSE  Maybe in the 2nd Quarter, Motherof3 or Uncleof666 will do that  And who takes those titles   Don't be surprise might be a neophyte in the game.  People who don't analyse but rely on instincts have made their millions in this 1st quarter.

This is about the unique NSE 1st quarter that analysis paralysed a lot of guys who could not but stand still helplessly watching FUNDAMENTALLESS stocks taking their giant strides up north.  I once asked about Ikeja Hotels, a guru here has said that the growth potentials is what is hampering the stock.  But today, from N6.70 to N10+, and yet DIAMOND along with other fundamentally sound stocks have painted my portfolio so red I cannot recognize the figures any more,why Afroil and Capital Oil guys are smiling to their pastors

I rest my case, anyway its a matter of time and season.  When I will begin to explode in these bank stocks, no one should write me any LOVE letterooooo or ask for my private email address  I go just bone

i expect a correction in the price very very soon. maybe even as early as the next market day. nasty candle today, very nasty. sellers pushed it down all the way. it will drop hopefully to the range u want soon.