₦airaland Forum

@ easimoni

its michaelakeju (at) btinternet.com

@rushnovski

pls tell me u are joking!!! please!!

by the way, welcome back

for my non yoruba speaking brothers, that means, "na im mama e resemble"

@roughcut

omo i tire for the guy o! im just dey contract dey stop.

i even take style tell am say zenith offer don commot and if he's a good boy and shows i might just make him a millionaire and buy some (even if it's really just to get bros ololufemi off my neck

but e be like say as yoruba dey talk, "ifun mama e lo ja je"

     

@risky

dem no get generator for NSE?

na wa for them if thats the case

been whiling away time preparing a little tutorial on how to evaluate stocks for our new members.
should be ready in a week or so and will post it then.

as my friend fatherof2 would say, "na all theory sha". i just think it will help the old and new alike and as long it increases our knowledge and earning power i'm for it

me i'm still waiting to be fatherof1!!      

Panic, who me? never!!!!!!!!!!!!!!

thanks barge

i hope u'all see what could happen as a result of this lack of info from Nigeria.
if we didn't have barge downloading it for us now what would we do?

we seriously need a website that's serious about reporting daily up to date gist and analysis on this expanding market guys

any takers?

@ barge

any gist, did u get it downloaded then?

what gives, can't find any info on the markest today?

anyone know whats going on? was it a trade free day today?

is the market open anyone

redstat stagnant again today at N7.49

u guys on this forum have traded them so much that they feel ready after just over 2 weeks on the floor to go on T.S or is it that they are so illiquid no trades are not affecting the price

na wa for una fellas o!!  

i'll just go after C&I
make una hands off and that goes for wanajo, pumping, roughcut, windywendy, fatherof2 etc
make i no vex o!  

@wanajo

make u no too vex o!

them no dey rush these things as u know      

i'll definitely inform my peeps

u'll all know as soon as i know trust me!!

thanks for the info bros

@bros wanajo

i holla!

question: when u say that u never sell all ur holdings in a company, is there a limit put on the number of shares one has left so as to qualify for the bonuses, annual reports etc?
i like the idea as usually the companies don't change too much for one to completely pull out (though this can happen, it is relatively rare )

what say u?

@cubesides

me thinks u're in the wrong forum mate!!

@windywendy

as i said to roughcut and the guys earlier, the boy is still doing african time with us o my sister, he must think it's too cold to come out or something. well he better hurry up cuz it's only gonna get colder anyway

thanx for asking though, my fellow nairalanders will be the third group to know after me, my wife and our family, trust me

@jehoshaphat et al

why do u think ABC are good to get into regardless? any info to share bruvs?


i notice they did not specify what they expect this new division to add to their bottom line in terms of figures

is Obajana operational yet?

@windywendy

thats exactly what i mean ma'am.
NAMPAK are their main competitors in the packaging industry and will have the muscle of their larger company to push Bagco all the way. NAMPAK are doing well in that area already and will look to consolidate of course as thats one of the few areas they've managed to do well in, but as brother jehoshaphat pointed out, bagco have other ways of reducing operational costs and have a ready made client in flourmills.

@jehoshaphat

thanks for the info man. made things clearer definitely

i do think though that if you can afford it buy the goose instead of the egg ie flourmills instead of bagco.
bagco contributes to flourmills' bottom line cuz they own 70% of bagco and therefore 70% of whatever profit bagco make until that situation changes.

i know flourmills may be a bit steep in terms of price but if one can i would think this would be a better option, not to say bagco in itself isn't a good buy

@WINDYWENDY
plus the fact that their main competitor NAMPAK is not doing at all greaat as far as i can see from their results

my worry is that if NAMPAK can't get business to generate profit, can bagco?

presumably there is a market out there but if probably the largest company in that sector can only report a 70% loss in profit i just wonder if their market isn't shrinking or at best not properly identified (less likely option)

what say u?

@rushnovski
NICE TO MEET U.

i can only begin to imagine why your peeps would give an ekpoma boy a russian name like rushnovski, i can only wonder
rushnovski can only mean u to dey rush bros      

how's the weather in God's holiday home? (Nigeria is God's own country and he only spends vacations in the U.S    )

@roughcut et damacheo

japaul is an excellent buy as far as i can see fellas and i agre with roughcut, they are more than likely to meet their expectations in terms of profit again this year and have consistently increased profit

i bought the P.O based on my analysis at the time and that hasn't changed.

C&I leasing is another unsong hero in the market and i am aiming for it by april '08.
i suspect the reason they aren't so "popular" is because they do not make much noise (and who can hear themselves over all the noise these banking institutions are currently making anyway), plus they are in a sector that is not as well known but growing rapidly (as usual, they will only become well known when they are already too far gone for more than average ROI are to be made)
getting in early for japaul, cutix and C&I Leasing is a wise decision on anyone's part if you go by their history (of course historical activity doesn't equate to future earnings but a track record is worth all the forward P.Es in the world should the business and fundamentals remain the same and for these 3 companies, it does)

not sure this has been noted in recent discussions on UBA but thought i'd post it any way as i'm sure someone outhtere owns their shares

merry xmas and hope u can afford to use the dividend to travel the world like big bros Wanajo

http://africancapitalmarkets.com/news.php?id=305

NAMPAK took a hit today as expected with those results.

redstar stagnant for the first time since listing 2 weeks ago, (I smell IPO sooner than later if this continues)

CILeasing still rising, no surprise there

intrcontinental closed at N32.50 today (N1 higher)

@pumping

i tire my brother!.

me i am back home now, even at work sef, have some work to do.
wifey is still in waiting at home.

this childbirth business is more nerve racking than watching the gyrations on the NSE i tell u man but as with the NSE the rewards are ASTRONOMICAL!!

We await his arrival but i have to keep up with what i will use to send him to harvard bros!

talking about that, i have just been digging on C&I leasing and it seems these guys have increased profits almost year on year since 1998. they have managed to remain the only listed company in their sector and are diversifying from their main stay of car rentals and other leasing activities to oil and gas (always big money as u know).
they even bought over a ghanian leasing company this year therby expanding into the west african subregion

they are not looking bad at all.

any views man?

@ololufemi

just tell jim ovia to price it appropriately and we'll see.

P.S i hope he won't do all this business of extension of offer and what not!

@ololufemi

nothing yet on it being lifted.
rumors are rife about it happening soon (if u believe rumors it should have happenned last friday)

we should know by end of trading if its been lifted

got this in the mail and thought i'd share for those interested in the company (i'm not). enjoy

International Energy Insurance - Stock Analysis

Technically, the stock is below the 10 day CSMA, but above the 20 and 30 day cumulative moving averages.

That speaks well for the stock. The volume is incredible (over 100 million on a daily average), this will make going in and out of the stock very easy.

On 12/11/07, the stock began a recovery from a 3 month downturn, but reversed coursed on 21/11/07 after gaining 39.74% (from N1.56 - N2.18k). The recent pull back is natural, and I believe the volume will pull it back up.

At the current price of N1.79, an investor is not too far from the consolidation level of N1.60, you don't have too much to lose anyway. Fundamentally, not much is available to us or known about the company, but technically, I believe you will make some money on this stock if you buy a lot. Therefore, the volume you buy matters.

However, I will put my stop loss at N1.58k. By the way what happened to the stock? Why did it crash from its high of N3.55K? This one had so many fake recoveries that were unsustained.

That’s why IQ always recommend to people not to buy a stock when it is trading below the 20 day and 50 day CSMAs'. If you look at the graph, November 8, 2007, was the first entry point.

Hope this one is not took technical for the readers. Go ahead and buy, but our stop loss is N1.58k.

i hope it helps the fellas here on Nairaland

thanks fellas
just like im mama, the boy is taking his time seriously.
i have told the both of them to let me know when they are serious

i had put everything in order for a weekend delivery but he is already doing african time with me, anyway till i see him, he will explain himself

keep me in ur prayers

NAMPAK are actually going to pay dividends on the back of this 70% loss result

PROPOSED DIVIDEND OF 3 KOBO PER SHARE. CLOSURE DATE: 14-18 JANUARY, 2008; PAYMENT DATE: 30 JANUARY, 2008