₦airaland Forum

[quote author=invisible! link=topic=31554.msg2123669#msg2123669 date=1207344900]Do you people know the 'real' reason why Jimmy Carter is here? he is fronting for some American big banks that wants to buy up ten Naija companies just stay tuned as I will keep you posted on the name of the companies soonest, or pay $1000 and I will give you the expo! [/quote]Post your bank account number and all required personal details here.

iconbull:
aktopgun
its been quite a while. please which company owns nigerian securities, is it the NSE? do u think they will be charging money soon

They are privately owned. Abeg, don't put ideas into their heads na!

You can email them if you want to find out more. They are VERY responsive

alliednetw:
These Stocks are available for interested investors:

INVESTMENT&ALLIED ASSURANCE -1.80K
OMATEK ------- 3.60K
GLOBE REINSURANCE-----3.00K
CHAMS---------6.50K
These stocks are set for listing sooner than later.
interested investors should call 0806 06 8822 1 or email alliednetw at yahoo.com

Bros, your N4 premium on Chams too much. We fit "price"?

BIGBOYLARY:
QUESTIONS: Can anybody in the house shed more light on these following for more understanding OFFER TYPE

HIPO ---- Hybrid Initial Public Offer

HPO Hybrid Public Offer

IPO Initial Public Offering

PP Private Placement

PO Public Offer

RI Rights Issue

and the type of offer method companies adopt such as:
SAL Offer for Sale
SUB Offer for Subscription
RI Rights Issue

A PO is open to anyone, a PP is open to select investors (usually high-net worth). POs are regulated, PPs are not. An IPO is the first PO a comany does and is usually done as soon as the company lists.

Hybrid offers are a combination of SAL, SUB and RI. Once you do more than one of the 3, you have a hybrid whatever.

SAL - someone is selling you already issued shares, no new shares are being created. Open to new shareholders
SUB - selling you newly issued shares. New shares will be created and PE will be diluted. Open to new shareholders
RI - an SUB/SAL open to only existing shareholders. Most often for new shares.

Hope the answers suffice

BIGBOY,
pls email omoba3@hotmail.co.uk

Will answer your questions in a bit

Iwerebor:
Simply wait for the season to change. Don't personalize this or you will get yourself in a panic.
Every portfolio is bleeding in various degrees, even those of the gurus.Its a market wide thing. It's a SEASON. Seasons change.
Please do not worry. Alot of folks are looking for money to pick UP your bleeding stocks. If you know anything about economics, then guessing the effect of that action won't require a degree.

@Gees
Thanks. I appreciate that link you gave me on market bid/offer. Found it very useful.

Oga, email omoba

omoba3@hotmail.co.uk

K2:
Rev. Wanajo any news on Nigerdock offer for sale?

K2, you seem to be interested in PPs? Send me an email on easimoni2004 at yahoo dot com I have some "for your eyes only" gist.

Is there money being shared via email?  


Una no vote for Chikezie? Dem don comot my guy!

Has anyone heard any gist about the Starcomms PP? I hear it will follow the google PO model (highest bidder instead of a fixed price).

Those who indicated interest in Lead's investment into Onward Paper mills ought to have received a prospectus 2day (clearly I can't post it here )

Any thoughts? WW?

If anyone thinks N20 is the fair price for Skye, pls contact me ASAP; I'll buy u out!

Savvy,
Me thinks Skye bank should get to 27-28 b4 settling. But you never know in a bear market (then again, I think the bulls come out on Friday)

Oasis Ins gives a 3k dividend and is now doing a PO/Rights at N4.20/N4.0; this is funnier than loma's jokes!

TS on Skye Bank has been lifted

grabdaloot:
easimoni/pumping please respond.

Is 2,387,726,000 the number of shares you have in your books for AIICO post PO assuming no over subscription (highly impossible though) if not then please give me the right number including 25% over subscription we all expect. Thanks bro

AIICO
Pre IPO 1.692B
IPO 2.5B
Merger 0.6377B (AIICO merged with NFI and Lamda)
Total 4.830B
With 25% OS Total = 5.46B shares

Wanaj0,
Your math is a bit off. 200k units x 360 applications is 72M units. Or did u mean 3600 applications?

Anyway, not that I'm trying to get in but is there anyway you can post the prospectus?

Keziah:
Please can any Guru in the house enlighten me about stock (buying shares)? I am a novice in the game. I would really appreciate anyone that will tell me about the pros and cons in the trade. Not to be flippant but the "pros and cons" is that the market goes up and down! The stock market is the best tool for creating wealth and is open to all people. You can read this thread, all 700 pages of it for really good advice. Also try the "university" section of investopedia.com and learn about fundamental analysis and technical analysis

I advised someone to buy this Daar Communication Shares, but i don't really know how good it is, or the returns. It think the consensus is there have been and will be better deals than Daar. I'd also suggest that all newbies avoid PPs until you get a feel for the market. I've been in the NSE since Dec 04 and just bought my first PP last month. If you must get a PP, Omatek is ongoing, try to find a contact at Afribank Capital (don't ask me, I have none and I'm not doing this PP - no kishi)

Which will a guru advise a novice to buy; the offer for subscription or the offer for sale. See above

Please your prompt reply(s) will be greatly appreciated, because i do not want  to lead another person in the path i have not thread. I don't accept thanks, gimme 10% of your money!   (just kidding)

Cheers!

See my respones in blue text.

loma:
Interesting write-up on the Pension Fund and the Stock MArket.

http://allafrica.com/stories/200803250095.html

Thanks for link but I think the article is severely flawed (as a matter of fact, I'm worried about the quality of journalism in naija today. The way stories are written makes me shake my head). His point about pen funds being unable to invest in (potentially lucrative a la Chams) PPs which limits profits is well made. The points he made about Wema and Costain are unfounded. Smart investing is about what returns a coy will provide in the future, it's about finding a stock with a trailing PE of (say) 50 and a forward PE of (say) 10. Such a company is clearly turning things around and turn-arounds are the hallmarks of all major market success (including Mr Buffett and more recently John Paulson). Those who predicted Wema and Costain last year would have smiled to the bank (assuming you got out before TS) even though it seems Wema "cheated".

Anyway, I like the points but not the way it was made.

NBA:
@Easimoni,
RTBriscoe is N27.90 according to NigerianSecurities. I guess the closure date wasn't changed afterall!

So it seems!

Looks like I'll be collecting a bonus for the 1st time. _{Crawls away to sullk}

8oracle:
When i read all about investment in stocks and whatnots, i have myself a big laugh. especially investing in the Nigeria stock market, pretending to be alive but dead.

For a starter who can sell his or her stock in less than 72hrs, if it becomes too urgent that need money to execute a project or save a life? for example the lazy man's way of thinking goes this way.To buy a stock today selling at N10 and lets saywithin 2weeks this same stocks jumps to N30 per share and you have invested N1000,000 or N50,000, with a little mathematics you can see you profit on paper, but can you sale these shares within 72hrs and recoup your profit?

A classical example to show that Nigeria stock market is a dead pretending to be alive is. Can you remember a company or corporate company you bought their stock in the past one year or more, which you havent received your share certificate/s?

Hence without a share certificate How can you sell your stock?
My opinion is Nigeria Stock Market is purely through and through OPM Others People's Money.

Apart from a little confusion at the writing style, my other reaction was LOL!

OK, I go jam u for there.

aktopgun:
@easi
does SMN have a general forum where we can talk because last i checked we still had to click on individual stocks to talk on them.

That is still the (unfortunate) case. There was a thread started for us when Seun shut us down in Dec. Can't seemt to find that thread. SMN's style spoils the "flow" and one is always clicking all over the place to get up to speed.

But wetin we go do na?

AKT,
You are right, just tried a 62kb pic for Mobil and it would not load.

I give up. Make we go SMN for a while.

Omoba3,

try saving your pics as a "GIF" file if you have a photo editor or power point. It really shrinks the file size. Most GIFs from Nig Sec will run around 75kb

egoldman:
Easimoni why do have these views about this two companies ?

Egoldman, Longest time.
UBA has just about the best fundamentals in the banking sector + the price has dropped ~N3 lately. Diamond's FY is next month so it must rise. the guy was asking mainly to preserve capital. V little upside with those 2, but also lil or no downside.

teto:
happy Christmas!!!! and a happy easter. i'm sure a lot of people will be wondering why happy Christmas in march, have we all forgotten that without Christmas there wouldn't have been Easter. if Jesus Christ was not born. no one would have paid the price on the cross. anyway hope we are all having a wndaful holiday
please Aktopgun, pumping, easimoni, wanajo and others in the house.[b]advice me on what share to buy between now and middle of may that can fetch me small dough, i have this money now , about 6m but i need to return it by may ending. i'm not paying any interest but i must not lose a kobo from it also [/b]please help your fellow nigerian
thank yu in anticipation

If you want little or no downside, you want fundamentals. They don't make them any more fundamental than UBA right now. Split your dough between UBA and Diamond bank

Happy Easter to you all and yours.

Abeg, wetin to happen to our fave thread? Na clean up or permanent ban? Anyway, I just talk say make I "sign register"!

Till Monday.

bibiking1:
can any one refer me to a good stockbroker in Warri?
I have not been able to get myself active all these while, but i hope to resume in the coming week

my email address is sylvester.awenlimobor at ebuynigeria dot com

thanks

I have noticed that the some of you are waiting for the bulls! from my little overall market analysis, i think the market will remain bearish up till the middle of the yearat the least.
The market currently sits in an insanely overbought region and the drop is expected to continue for a while

Dem never teach me that one yet O! No be say I no believe you but who is predicting the drop to continue and why? Will it affect the entire market and will the drop be attenuated by the upcoming earnings reporting season?

Anyway, I don talk my own; a bounce back by Thursday at the latest and sustained bullish run in April if earnings are above expectation

The One:
@loma

Jack and Jill went up a hill to fetch a pail of water
Jack fell down and broke his head and Jill came tumbling after

LOL! Chei, na the answer be that true true! Youare truly the one - the special one.

Favour08:
@ MALAGA,

You no even want share the proshare picks with us on nairaland. The gurus here don share their own. Share now, make we analyse am for floor. Don't follow everything you heard there hook, line and sinker. NYSE dey different from NSE my bro.

Yes O! Malaga, you must share "what" and "why"!

eniyanman:
@easimoni,
interesting analysis. is it possible to do this on a sector-by-sector basis?
cheers.

If I do that one, I go begin demand payment because na sack dem go sack me.

crazyT:
Aktopgun and any other person out there
abegi is this a temporary blood shedding or long one make I dey prepare for re-entering?

CrazyT,
This chart is useful for watching the ebbs and flows of the NSE. You can see that me have bull and bear runs in repeatable intervals. Starting from March 07, I can count about 8 cycles. The bulls have mostly beaten the bears hence the entire market is trending up but the bears come in to correct every few weeks. You can see that the 9 day RSI is currently  at zero and the 14 day RSI is ~40 and heading down. I expect no more than two more days of bears (by which time the 14 day RSI will hit zero too) before the bulls come back. They 14 day RSI almost never hits zero in a largely bullish market.

In other words, since the beginning of March, we've been witnessing the correction of the 2nd longest bull run we've had in the last 15 months (see the RSI at 100 throughout Feb 08?). Today is the day to issue buy orders!  

Shig, I hope you listened 2 weeks ago when I told u to keep cash because the bears were coming!

Now, what to buy. If I put my Glass on, I might see a Beta deal but I'm too busy looking for a Diamond for the missus. Did D-banj say "no long thing"? I could sworn he said "yes Long-man". And the UBA brothers may not be crooks after-all.

jideakin1:
AKTopgun, abeg you fit shine candle light for Transcorp?
today was not good for it oh and I dey inside the Ndidi driven train. abeg put small candle fire for im engine make we see watin dey.

Trasncorp gained 8kobo today. Am i looking a t diff. numbers?

Bloood everywhere!

[quote author=invisible! link=topic=31554.msg2073438#msg2073438 date=1205958934]@windy, no just try to frighten me about transcorp o. I loaded that one for a quick CICO, as you come dey suggest they should be suspended made me abandon my dinner

Abeg no let me sell in a hurry, chei! to make money no easi at all, except for Easimoni [/quote]Easimoni's 'folio is bleeding too o! Like beginner, I am a fundamentalist. But unlike him, I've not tested the CICO waters just because UBA and Diamond refused to move. Speaking of which, Pumping, that was a gutsy move on your part.

Vote for Chikezie!