Ok people What are the hottest shares right now?

I bought the Intercontienatal shares last year when they were 13 Naira each I hear they have gone up to 19 Naira now!

I'm mainly looking for food shares or shares in Industry so whats hot and whats not?

By the way my future father in-law bought nestle shares at 3 Naira each now they are worth 243 each!

Pls what year did your future father in law buy those shares. The food industry is not so rewarding. Focus more on the banking industry. I think it is better

Right now the following 3 shares are a must buy, confident of a minimum 100% ROI by end of O7 -


1) Oceanic bank
2) Diamond Bank
3) UBA.


The others to watch out for are - Ashaka, Guinness, Intercontinental, Zenith bank, Wapco

I don't know much about the brewery sector, but I believe Guiness is a safe bet.

I'll provide details of the factors that'll drive these on subsequent posts.

Right now the following 3 shares are a must buy, confident of a minimum 100% ROI by end of O7 -


1) Oceanic bank
2) Diamond Bank
3) UBA.

confident of a minimum 100% roi? 

waiting for the details sha

cheexy:

Please what year did your future father in law buy those shares. The food industry is not so rewarding. Focus more on the banking industry. I think it is better

Oh that baba bought them over 20 years ago!

He showed me his share certificates!

Thanks guys for thereplies Iwill look inot what you suggested.

Its diamond bank the bank thats give high interest rates on savings?

ok, here -

Oceanic Bank - Relatively low PE ratio, high EPS, good cashflow, extremely sound management, extremely good market perception (locally and internationally), appointment of Apostle Alile seen as a major boost to investor confidence as the overwhelming 'Ibru' footprint reduced.

Finally and very signifficant, high on the list of big money - institutional investors. My prediction is
this will be N25 minimum by December.

hi guys ,i need advise on which shares to buy either from intercont,GTB, oceanic.i think

banking shares are good to buy these days.

i am considering making a swoop for FCMB, it is relatively cheap and they have paid off the GOODWILL so they should release a good result and dividend payout.

Whats a good website to see the value of shares in Nigeria on a daily basis?

Investors are concerned about the future cashflow from their investment. This comprises of Capital Gain and Dividend payment. Also note that the value of any investment is the present value of the future cashflow. With this at the back of our mind, do u see a growth from 19 to 25 naira as a good result, considering the leave of inflation in Nigeria?

jesu seun, i think Gtbank will be a good buy. I my estimation they are the only ethical bank in Nigeria at the moment. I trust their results and i dont think they indulge in any creative accounting. All the best with your investment

Some of these banks you guys are mentioning do they even rake in the top ten?

yes o LadyT, most of them rank in the top 10, but if u consider the number of banks in naija, then i think u shld be looking at the top 5

My take on this, go for GTB, WAPCO, OCEANIC, and dont even think of banking in Nigeria without a mention of the old soldier that is still pushing ahead, FIRST BANK !

We all seem to be forgetting that if the possibility of ZENITH BANK giving a bonus share this year is really high,
I think that places them firmly on the favorites list when you consider ROI.

LadyT:

Whats a good website to see the value of shares in Nigeria on a daily basis?

you may get daily quotes on Nigerian stocks here www.cashcraft.com

Your strategy is the major determinant of which equity is the hottest. Is your strategy capital appreciation in the short, medium or long term? Is it volume appreciation? If you can sincerely answer these, you would be a better investor rather than follwoing some other people's vision.

I think I can only learn from other peoples experiences. Every Bank will tell me their the best I should invest in them. I want a long term investment with a good turnover. I dont my shares to go up one day then drop down to nothing the next day. But I also want to make short term investments on the side where I can buy shares and make quick profits then sell again and look for something else and do it again.