₦airaland Forum

I watched 24 and it cost me so much time
I watched PRISON BREAK and I got LOST

All in all they are all good series, but 24 is da bomb!!!

easimoni:
Based on my (short) history in this market, it appears the forwards EPS (and thus PE) is the best way to predict underpriced stocks. At current conditions, a PE of 20 is a reasonable way to forecast future price. The report Emaachile posted at the top says the market average is 24. (not sure if it's arithmetic or weighted)

If you calculate the [b]forward EPS of say M Benefit to be 25K (I came up with 24k) then a reasonable target is N5.00 as shigidi rightly pointed out.

On the other hand, due to all the additional shares C&I sold, their forward EPS is 22K, therefore you can target N4.40.

M Benefit is now N3.25, C&I is N5.50, which would you buy?  [/b]

Easimoni, I really don't know how to pray for you and the other dudes in the house.
You can’t believe this, I called my broker this morning and instructed her to acquire some C & I for me, I just came back from where I went to send the money (western Union), I was about to call her and give the control number when I thought of checking the net first and re-read more about C & I and to my ultimate surprise I read this thread about Mbenefit.

Men! My calling her now is to change to Mbenefit immediately.

Thanks again guys and God bless.

aksance:
hey, crazyT, do you have any info on Dunlop? i'm interested in the stock - is your recommendation based on fundamentals, market sentiment or some news from the grapevine?

My recommendations are based on 2 different ideologies i.e. "news from grapevine" and ,  (I'll keep that one to myself) But if you think I am just a joker (don't take to my advise) but don't forget to write down those stocks I mentioned and check them out in November. Have you noticed Guinea Ins already? That is the beginning.

@ hbrednic

Thanks for the advise, I'll probably make the whole thing 500k and clean out once and for all. I'll look for the thread you mentioned in your reply (capital Oil , )



@Easimoni

I'll get back to you on what prompt me to acquire this stock



@ all
If you have about 3ook units of Capital oil to dispose, just halla @ ,

@ Easimoni, Ayala, Temmie10 and all the other guru's

I have asked this question earlier with no responce, now the question again
What's your take on Capital Oil?


I have about 200k units (bought @ 0.33kobo) and still planning to double it (if it's available) but I have not read anything about it on this thread yet.

I have the feeling that the future is bright with Capital Oil. Or am I just dreaming?

@ Easimoni and all the other guru's

What's your take on Capital Oil?

I have about 200k units and still planning to double it (if it's available) but I have not read anything about it on this thread yet.
I have the feeling that the future is bright with Capital Oil. Or am I just dreaming?

@enolase


In as much as I respect what you stand for and what you are trying to do; I'll beg you to please and please leave our chief analist (Easimoni) out of your plans. He is one of the greatest gift God gave us (free) on Nairaland. Don't take him away from us ooooo

@ Temmie, Easimoni and wanajo and others who contributed one way or the other to my LASACO question



Big Thanks to you all!!!

I think from the way Easimoni has drummed the idea into my head I'll still hold on to it.

I bought about 200k units @ 1.80 about 2 months ago (or thereabout), so if it goes to 15 Naira (before November) the way Easimoni put it; Na im bi say I don hit jackpot bi that o 

@ Temmie, Easimoni and wanajo



If I understand you guys right, Insurance stocks are good to buy? I am having lots of Lasaco stocks and I am contemplating to drop the stocks because it's like YO-YO going up and down everyday but i just saw their year ended result and i am like, Maybe i should just hold on,

What do you guys think


LASACO ASSURANCE PLC: Audited account for the year ended Dec 31 2006. Turnover stood at N1.6 Billion as against N0.95 Billion in the comparable period of 2005. Profit Before Tax (PBT) is N225.3M for 2006 compared with N177.5M in 2005, Profit after Tax for 2006 stood at N171.5M, compared with N141.3M in the comparable period of 2005

Very good idea, I would say that Soludo and his crew should start now to sensitize Nigerians about this brilliant measure in other to prepare them down for this grand design. This is the best way to give better value to our currency.

Hey guys, at last the IPO of Japaul is out , though the released date on the form is Monday 18th of August, but I heard it has been prosponed till September.

Here is the link to the IPO



http://www.japaulplc.com/japaul_application.pdf

or 
http://www.japaulplc.com

@ Easimoni and the other guru's



If I have about 50,000 units of Japaul (bought from the floor) and during the IPO I bought about 200,000 units (Right offer), do I need to also wait for the certificate before I could sell my whole 250,000 units?

My friend, don't waste your precious time in repling them, they are 419ners just has someone rightly put it earlier in this thread.

Beware of anything free, ask yourself why will someone in England gives you free money? They will rather collects than gives "manna only falls once from heaven"

skylower:
I've noticed that the cscs website at www.cscsnigeria.com has been moved or just suddenly vanished and in its place, one spam site has been started. Is it that they don't have enough money to maintain that site or have they changed the address? If you have any idea please let me know, that site was very useful to me in my share dealings.

Thank God for this message at first I thought my internet was acting up or I miss-typed there address, I hope they come back on time o, because they are my source of information.

Ojukwu_rsg:
Egoldman,

You failled that ABC is facing stiff competition on the West Africa route by Chisco Transport, another reliable transport company. Chisco offers more flexibilty on this lucrative route (LAG-ACC) than ABC. Recently ABC staff have become a little reckless in handling their responsibility resulting in their being delayed at the boarder crossing. A case was recorded just two weeks ago when ABC was delay for 4 hours at Togo/Benin boarder enroute Nigeria for carry banned goods. They could not even "settle" and had to ask the passengers to contribute money for settlement. They were further delayed at Benin/Nigeria boarder for the same reason.

The regulated speed of ABC is not and advantage. 80km/h is rather too slow for this long route. Chisco is doing much better at say 100 km/hr and they have good safety records too.

Finally most road traveller's don't like booking in advance for their journey. The next time I travel home from ghana, I planned to use Chisco or some other commercial cars plying the route.


The point am noting is that ABC has not great advantage over the other vehicles plying the road.
Cheers

But your favourite CHISCO is not listed on the NSE.

@ Aporo

My friend you are on the right path to make good money come December, just mark my word.


As for me and my house ABC Transport is our NR 1 stock for this period in time, 

$$Rhino:
CrazyT, u da best, i think i wil like to be comparing books with you, i will halla at the broker and see what he can make happen, because if i can buy a share under 1Naira, and buy like 100K of it, and it now grows to like 9Naira each, do that math, u da man jare

You are welcome Rhino!

Just mark my words on those stocks if by November they are not more than 200% each.

My advise will be:
Niglamp (although the volumes are not much but if you can drop some cash with your broker, he/she can start getting them little by little)
Dunlop
Vanleer
GUINEAINS

If you are able to get any of these stocks then you'll thank me later (don't ask me how I pick my stocks)

My previous advise on stocks:
Afroil was 0.42kobo and later got to 9 naira plus, Lasaco  was 1.20kobo got to 4.80, Capital Oil  was 33kobo and is now 0.58, Afprint  was 0.98kobo and now 4.25.

So feel free to take to my advise or reject it, afterall it's just an advise.

@ the guru's in the house


When is the IPO of Japauloil? Or is it out already?

easimoni:
@ Ashiwaju, no veks my brother! I was not abuzing u. Not using spell chek does not make you an ileterate any moor than not having a PhD make Dangote/Femi ileterates eether. Look up Dangote on Wikipedia. He is arknoldeged as de riches black man in da wurld.

Bottom line is Jimoh is simply spitting out vitriol (my spell check is back on ). All 3 of them are billionares and no one ( not even Jimoh) has the full financial picture of Dangote. No need to get personal and call peeps "illiterates" because they owe banks money. I have money to pay my current mortgage but I chose to invest it the NSE instead and I'm up >100% since Jan. Am I an illiterate? Pay-off a debt at 6% or invest it at 100+%. It doesn't take a PhD to ansah (this silly spell-check again) that question! There's a time to borrow and time to pay back.

EASIMONI
[s](crazy T trying to stand up, after laughing so much)[/s]

I am very curious o na NEPA (sorry that was there name before I left Naija) your spell check dey use You no go kill person o.

@easimoni

What is your take on Fidelity and Japauloil? To buy on the floor or the IPO? I need not to tell you how much I hate IPO but it wont hurt to listen to advise sha!

cgift:
You are right. STACO is pretty difficult to buy now. I instructed my brokers to buy 75000 units today but they were only able to get 50,000 units instead. i believe th stock is a hot one. I don't know the intrigues that play on the floor but for on to b able to get and the other not get implies something i guess.

Cgift
Pls who is your broker? Because I gave my broker 500k since last week Monday to buy STACO for me and till today she is still telling me the same old story that it's impossible to get the stock.
Same happen to FOOTWARE and CONTINENTAL RE-INS since more than 3 weeks.

Men! I got to fire my broker

@ Easimoni



I thought Fidelity is going on IPO very soon? So my intention is to buy now and sell immediately it hits 100% after the suspension. Over to you Easimoni and WanajO

@ All and the GURU'S


I have some few coins I'll like to share among three good stocks, I am contemplating on these stocks:

ABC Transport, Lasaco, Fidelity Bank, Jos Int Brewries, Japauloil, AIICO etc.


But don't really know which one to go for, pls help! Your advise will surely count a lot especially with reasons.

frankiriri:
Pardon the digression.
Its my birthday today

Apology accepted jare!

Happy birthday Frank!!!
Because you stand for the enrichment of others, I made this prayer for you "may the good Lord lead you to the source of blessings that will enrich you so much that the riches will touched the life of your generations yet unborn".

Did I just hear you shout amen?

@ All

Please I want (at least) 100,000 Units of Staco Insurance @ 2.20 per slot

@gochi

Thanks for your rightups, I am so happy to know that I am not wrong with my method of trading at the NSE at all.
I am new in this stock thing and I started just 5 months ago (February)  with just 500,000Naira I bought Afroil @ 0.42kobo I sold it about 3 months later @ 7.14. Thanks to this brilliant idea i am now trading in Millions. 

My broker and friends were advising me to start trading on the big leagues i.e Guiness, AP, big banks etc but i decline and bought Capoil @ 0.33kobo, Afrpint @ 0.98 and Lasaco @ 1.80. I need not to tell you now that I am the richest among my friends thanks to the penny stocks.


Abegi if you know how I can lay my hand on Lizolofin, Vanleer and Intercontinental re-Ins. just mail me

Up penny stocks!!!

frankiriri thanks for this thread. I have about 650,000 Naira lying down in Nigeria and still expecting another 1.3m Naira next week, I'll like to use these money to buy any or some of this stocks;

1. Lizolofin
2. Vanleer
3. Continental Re-Ins.
4. Custodyins
5. Capitaloil (though I have about 150k already)

This are the latest news about these 2 company, don't know if its of use to any one of you.



MAY & BAKER NIGERIA PLC: The Audited results for the year ended 31st December 2006 show Turnover of
N2.25billion compared with N1.99billion in 2005. Profits after tax stood at N211.47million as against the
N101.76Million in 2005 translating to 107.8% increase. A dividend of N0.30/share was recommended by the Directors. The Closure date of Register for members is 24th July 2007. While payment date would be reported later.

ASHAKA CEM PLC: The year ended December 31, 2006, Audited results for Ashaka Cement Plc show a Turnover of N16.77billion compared with N15.82billion in 2005. N3.38billion was declared as Profit After Tax as against N4.43billion in 2005. A dividend of N1.50kobo per share and a bonus of 1 for 6 were recommended by the Directors. This translates to over 17% returns on investment at share price of N80.92 as at close price on Friday, 22nd June, 2006. The Closure date of Register of members is 23rd July 2007, while payment date is 9th August 2007.

@ WINDYWENDY, EASIMONI and other GURU's


Someone just paid me 600,000 Naira (payment for a car) and I will like to invest the money, can you help in suggest good stocks to acquire

Please be urgent with your responce  (I am not in Nigeria) before my peeps go chop the money, come start to dey yarn me me stories.

@ Topic

First thing first, read and re-read what  DARKBEAUT wrote in this thread and then this one (under) from CUTIEPIE and add this common saying to it:

"Men are like shadow, the closer you gets to them; the more they move away from you. But move away from them, and they come closer"

I think a word should be enough for a wise (if you are one)

cutiepie18:
don't mind all those stupid commentz people are leaving, but seriously just grow up and forget all about him, maybe if you do and he sees that you are no longer STALKING hin *sorry, he would prolly want to start being thursty for you, and if he's not just calm down, foget him, hang out wit friends and do what u like doing best and itz only a matter of time u'll definetly find your own prince charming hon,

@ easimoni and the other guru's


A quick question:

I acquired about 50,000 unit of Lasaco when it was 1.80kobo. My question; now that  "big elephant" fever is affecting the NSE and all Insurance stocks seems to be nose diving, do you think it's adviseable to acquire more of Lasaco now?

BIGBOYLARY:
@ ALL,

NASCON HIT MARKET WITH LIMITED OFFER THIS FRIDAY (16) BE ON THE ALET ITS @#22:00k the current price is #27:16k

Just curious, Is this an IPO or just at the floor of the SEC?