₦airaland Forum

Fatherof2,

I bought Zenith @ an average of 40.8. I really hope they will perform.

Their result is suprisingly due. I am sure the market has affected them. They never miss releasing results on the last day in July.

FatherOF2:
How is you madam ?.

I dey o!. My 2month old son no let me see road.

Thanks as usual for all your pointers.

FatherOF2:
Not bad for a friday, as we don enter August, money don enter my hand as with many others.
More fuel for recovery next week.
Many more CICO's to strike next week.Need to run away from Unilever on Monday before i'm caught. I'm staying PUT in UAC-prop.

Fatherof2, it is good to have you back.

The major policy on banks uniform end year that has caused this downturn in d market has been postponed to Dec 2009.

FatherOF2:
Yeah it hasn't. Anything BAD can happen below zero . Crossing zero is usually a better sign that our head is getting above water.

@fatherof2

I was looking at DSR, it did cross zero but did not do a bull run. Would u say the RSI needs to be included in the picture to truly confirm this? I noticed with BOC that this was the case. Same with PHB during d last bull run.

Thanks

FatherOF2:
Beginner i can't help but observe that you're a very rich guy with a deceptive name "BEGINNER".

Oceanic has not made the crossover yet, but DSR is about to right now. If it crosses, HI=LOW=SAME. See how BOC quietly creeped up,with HI not equal to Low until when Bullish crossover was made today.But not for long though. Diamond is right on course for a crossover.Its the ability to stay consistently above (not below) the zero line that determines if that stock is in a bullish mood.Anything bad can further happen if it remains below zero and you remain forever cautious until bullish confirmation is made.

Fatherof2, thanks for this explanation. This is what I was looking for. I also noted Oceanic had not reached zero. Is that responsible for the minimal increase today?

Thanks

FatherOF2:
Going by banking antecedents even in the last bull season.I'd place my tent in Oceanic now and skye later.
The next time oceanic reaches the trigger point probably end of next week, i'll add more. Two signals should hopefully agree then.Oceanic should know
this and time their result release likewise.
Its inching closer to zero threshold which is what really matters for bullish confirmation.

Father of 2, how u dey? Is it possible for you to use a typical chart i.e. oceanic to describe what are talking about. i seem to understand but I bgo like see am 4 picture. Thanks a lot.

Thread softly. Heard banks are mopping up their own stocks especially in anticipation of 9 months results

fada of 2 how u dey?

I be think say u don later our side. No portfolio was immuned from the bears. I still wonder how diamond can make it to 23 naira from 14. It will take a major bull run like we had in Jan/Feb.

Na long term stock e don become Maybe till next year!

Great to hear from you!

peaceland:
@ All
Hello everyone.
Please can you give me an update on NFI shares (Nigerian French Insurance)?
i bought some units a couple of years back and so far no news even though the certificate is now lodged in CSCS. i can't trade on it and all i heard was that they are to be acquired by AIICO. what really is going on.
thanks for your response.

Why don't u start with the registrar for both coys. Visit them and find out about what u need to do.

Father of 2 where art thou? Your miss reading your comments. No hide o!

NSE we hail thee!

http://www.trw-stockbrokers.com/services.aspx

UBA @ less than 60 naira and mark down is between Mon and Wed.

I also hear a share reconstruction is in the offing. Maybe that is why they need the price this low. hmmmm,

IKEJA HOTEL PLC

UNAUDITED 1ST QUARTER RESULT FOR THE PERIOD ENDED 31-03-2008
2008 2007 %CHANGE
TURNOVER N1.558b N1.320b 18
PROFIT BEFORE TAXATION N380.0m N272.146m 40
TAXATION (N121.611m) (N87.087m) 40
PROFIT AFTER TAXATION N258.424m N185.059m 40

VITAFOAM NIGERIA PLC

UNAUDITED RESULTS FOR HALF YEAR ENDED 31ST MARCH 2008
2008 2007
TURNOVER N4.107b N2.844b
PROFIT BEFORE TAXATION N438.254m N304.492m
TAXATION (N140.241m) (N97.437m)
PROFIT AFTER TAXATION N298.013m N207.055m

MUTUAL BENEFITS ASSURANCE PLC

YEAR ENDED 31ST DECEMBER 2007
2007 2006 %CHANGE
GROSS PREMIUM N2.210b N1.947b 13.5
PROFIT BEFORE TAXATION N1.218b N742.304m 64.12
TAXATION (N180.616m) (N40.084m)
PROFIT AFTER TAXATION N1.037b N702.220m 47.7
PROPOSED DIVIDEND/SHARE 6KOBO
CLOSURE OF REGISTER JUNE 16-21, 2008

Juicy result me thinks.

NIGERIAN ROPES PLC
YEAR ENDED DECEMBER 31, 2007
2007 2006 %CHANGE
TURNOVER N367.129m N450.707m (18.54)
PROFIT BEFORE TAXATION N27.646m N37.074m (25.43)
TAXATION (N5.633m) (N14.320m)
PROFIT AFTER TAXATION N22.013m N22.754m (3.25)
CLOSURE DATE SEPTEMBER 3-9TH 2008

dulamania:
PLEASE I NEED ADVICE BEFORE I GO INTO MESS AGAIN


Please is presco a good buy now considering the fact that its price is now N29.

I am planing to get Japaul oil for long term investment. Please is it a good plan. Please I need advice .

Finally is NASCON a good buy now.(at N19)

I beg no go commit suicide o!. The train has since left the station. The prices are too high. You can wait until they drop again(whenever that is)

For those who own Juli Pharmacy

JULI PLC
AUDITED ANNUAL REPORT AND ACCOUNT FOR THE
YEAR ENDED DECEMBER 31, 2007
2007 2006
TURNOVER N236.623m N185.643m
LOSS/PROFIT BEFORE TAXATION (N4.623m) (N19.097m)
TAXATION (N2.471m) (N4.408m)
LOSS/PROFIT AFTER TAXATION (N7.094m) (N23.505m)

Looks like they are on a recovery path

rasputinn:
Oh my,the additional shares Japaul is seeking to absurb from their p.o oversubscription is jeopardising my CICO agenda on the kgs I got @ 8.70 over a week ago.
I must offload by Monday

@ rasputin, have they listed?

@Fatherof2,

how u dey? See Nascon representing. 0-3mths. Na real patience person need for this one. I doubt if those that bought @22 will make any cap gains. Hopefully, they will wait to get the bonus.

Today's result

http://www.trw-stockbrokers.com/services.aspx

Bloooood on d dance floor!

Mr Cee,

It is the same. The guy said there would be no need filling the form as they are alloting all the shares. I don't know how that will work out though.

I am interested in knowing what 1st Bank and Intercontinental will do at year end.

Interesting times this is.

@yodi where u dey? Have u verified ur UBA? See cash!

I still can't get over it. if I had this tock, I would have gone out for drinks this night (against dr's advice)

Mr. Cee:
which stock are you referring to here Is it Japaul or Aiico?

Sorry Japaul!

You bet!

@easimoni et Planta,

I can't help but congratulate u guys again.

RoughCut:
He be like say the bears wey go drink water don dey come back for floor the thing RED no be small!

But the volumes tell a different story!

MyPeace:
@debenz

N70 before the mark down or after the mark down? The bonus will amt to dilution, so the mark down price fit bi N30 . l get tachara of UBA sha, anyhow!

Before mark down!. At 5% everyday, you are looking at 70 in 3-4 days next week

RoughCut:
Hmnnnnnn, not sure what to make of the result though i think its somewhat below expectations but the bonus should help sha!

They made N21B PAT for 1Q so they have added about N15B in Q2

Expect a rally for a few days max of about 3-4 days!

I agree that d result was not as good as say oceanic but they have more than made up for it with the bonus. I see UBA @ 70 naira at least

invisible!:
UBA! Bonus of 2:1? Chei! I don miss this one, but taking the recent past as guide, is the price going to see N60?

Na 1 for 2. Also it has reached 60 naira today!