₦airaland Forum

OLHC Data updated till Feb 1, 2008

Only contains 2008 data

wetin una dey megaupload? No be virus sha because me self don dey download o! Mo gbo, mo ya!

pumice:
Sorry, I know I'm the new guy here but I just wanted to add a distraction.

Guess who is in the picture.

That's el presidente! Yar' Adua

[quote author=Mr. Risky link=topic=31554.msg1911420#msg1911420 date=1201898707]If you want me to change my mind, all wema boys on this thread, please sell/borrow me your wema for 50k per unit. Once the technical suspension is lifted, I will give you back [/quote]If by k, you mean thousand, DEAL! If you mean kobo, %#@!  

[quote author=invisible! link=topic=31554.msg1911379#msg1911379 date=1201897564]@shigidi, that stock'the chronicles of sarah' which sector of the NSE is it listed?
Ha ha ha ha ha.[/quote]LOL. V funny   Shig and I have similar (good) tastes in TV shows

shigidi:
@ easimoni, u said about ikeja hotels to sme1, "buy at your peril". do u thnk its not a good buy at this price because i bin wan enter. she make i just chill

Make I no lie u, I'm confused. For something I bought at 4 I can't tell u to buy at 7. If u do, make sure you CICO. . It seems to have stabilized at 7 so get out at 8.50. I might suggest joining the Nascon crowd. Me, I don buy Trans-Nationwide and Red Star. _{I fit talk am now.} I go email u another one. _{I dey fear Fo2}  

windywendy:
Careful, careful now, let's not be too hasty . . . those 2 cases may just hold the largest amounts left on the board . . . and the next thing you know, you're left with chump change Now do I hear "deal"?

U no go take laugh kill me o!   Anyway, we must see what Mr Aboh has up his sleeve. I'm sitting it out. NO DEAL! Sorry Howie "obsessive-compulsive, can't-shake-hands, germophobe" Mandel.  

windywendy:
@Easimoni, N5.5 max!. Deal or No Deal??

Howie, NO DEAL! I'll open 2 more cases

windywendy:
YEP!! And now we have a new meaning for GIGO -- Gamble In, _{grabdaloot and} Gamble Out  

LOL, nice one. Esp the grab da loot part! Increase your offer to 8 make we talk.  

@ Pumice, welcome. Who is in the picture? _{Is this a riddle?}  

mishooo:
THIS IS PAGE '419'

This I guess we msut ignore everything on this page  

yodiyokun:
Na obama dey inside the photo?

Na Hillary dey inside am jo!

yodiyokun:
ok got to side track?

Anyone watch the obama clinton debate yesterday??

What the was that a debate or a conversation?

Oh but that last question the winning ticket is clinton/obama team  - they will make history and beat Mccain flat.

They sounded like BFFs.   Obama was more composed and prepared than usual. I concur they'd beat McCain flat if they teamed up. Obama as Veep for 4 years, then he strolls into the white house in 2013.  

oxfordkid:
Even that time when TOBI no dey well i put prayer for here BUT MAY BE because NA for muslim style no one cared  EVEN AKTOPGUN  no recognise!

You know how many people prayed for him/Tobi. Make him begin recognise everybody one-by-one? Or na because of recognition u dey pray? Leave that one. You prayed and na only God dey recognize/answer prayers. On behalf of Aktopgun, thanks for your prayers.  

Oya, wetin make we buy? I dey compose email to my account officer as we speak.

hispy99:
If they truly plan on doing an IPO is March and the stock keeps chalking 5% daily, the price will be over N37.00 in the first week of March

NSL will stop gaining 5% daily sometime next week. I expect.

Oxford kid, we don discuss Ikeja and Deap to the point of exhaustion. So tay, Yodi dey vex for me self. Both were buys but have taken off. Enter now at your peril. Me, I dey look Trans Nationwide, Red Star, Nascon and some others that will stay nameless   I dey fear una.

Shig, mind Wendy jo. I no fit sell for 5. But I don tire for the Wema bank self. Since Jan 12, 2007 I don dey buy the shares. By far the longest I've held any stock.

windywendy:
Hmmmm, you say "katakata", I say "opportunity!!!" . Doesn't this story sound very similar to the Afribank one? For all those wanting to sell their Wema, i'm buying at N5 a piece _{up from my previous N2 bid}

I'll take u up on that offer if you increase it to 8.

http://www.businessdayonline.com/banking/3223.html

More katakata for Wema bank.

Japaul is dropping like a rock.

UTC gained the max 27k to close at 5.83

PAT of N300M cannot justify the current price of Neimeth. This one na reaaallll long-term o!

crazyT:
Can someone help me with the price list of all stocks from the beginning of January till yesterday?

The Aptistock thread has prices up to Jan 23 I think? I'll update the file tomorrow.

windywendy:
@easimoni, watch out for the patriots in sunday's superbowl o. Those NY giants are in for the toughest time of their entire lives _{they ain't seen nathin' yet}  

We dey watch am together. If Pats no win, no show ya face here on Monday o! Just take the day off.   If they win, I'll be the first to congratulate u. Anyway, na the commercials I wan see pass since the Texans or Colts no make am.

crazyT:
Just want to repeat Dollyp1cute question, what is going on with ABC Transport? I bought the stock just this week for no tangible reason (the little change that was just lying on my account) but to my surprise it has gained about 15% today.

Is there any news at all?

I don't have any news. Always knew they had potential but previous results were disappointing. Maybe someone knows something we don't. Enjoy the loot.

upward:
@All,
Nigerian Stock Exchange has today added 900 million ordinary shares to the number of shares outstanding in favour of First City Monument Bank Plc. (FCMB) following the placement of their GDR.

FCMB never begin. THere are 4.5B shares waiting to be added from the PO (assuming no oversubscription)

@ FBN people, they now have 19.87 B shares after they listed 7.666B shares from the PO on Dec 12

@ the Japaul question, yes you will benefit from any bonus in 2008. Said bonus will not be paid till sometime in 2009 when your shares will have been listed. They may still pay a bonus in the next few months for the 2007 FY. If they do, you no go get am o since they have yet not listed your shares.

richieade:
My brother this your quote na wa o I hope say u de joke o!

Why would I be joking? I don't support abortion or gay rights. I reserve my right to be "non-progressive".

hispy99:
This unrelenting upward march in the price of Big Treat and NSL na wa o. Does anyone by any chance have the prospectus for Big Treat and projections for NSL? Just curious as to what the underlying company fundamentals look like.

Proshare published some Bigtreat numbers as a prelude to the upcoming PO. Run a search on proshare for "big treat" and I'm sure u'll find it. Dunno anything about NSL. Let us know if u find something.

hbrednic:
another zombie rising from the grave , OKITIPUPA OIL.
recieved a loan recently from GTB,changed directors and preparing for rights offer.

Are you proposing a pre-emptive strike?

Later: Forget it, no volumes to speak of

yodiyokun:
A lot of stocks are on BID -- are we witnessing the start of another bull run?

or whats up? handful of stocks are on offer?

Are we seeing the January allocation in action?

Almost all the Ins coys are on strong bid. Na wah o

pumping777:
Ha!!! I fear you o. No track record for Obama Track record only starts in the US senate? Obama "fumbles" and HRC has a "good" track record Tell me ONE thing that HRC has done. No need to argue this one.

Obama does fumble when he's not thoroughly prepared: na Mrs Easimoni first talk am self. HRC's track record? hmmmmmm HRC introduced GSM to naija (wait, that was OBJ's ONLY achievement".  ) Never said HC had a good record (as a Senator,no, since they don't do much anyway. But a 1st Lady, the failed healthcare initiative was a good one, shame it didn't work because the situation has only gotten worse) but the Clinton's time was great apart from Monica keeping that dress.  

Anyway, I wonder why I even care, I'd be a republican if I had the option. _{I can really hear Yodi screaming traitor} They are on my side of the gay and abortion issues. Go Huckabee!

kpineo:
Not sure the shares have been listed but got an email from my broker yesterday to inform they have received the certificates from the brokers.

FBN shares (7.6B units) were listed on the 12th of Dec

yodiyokun:
Going Offside-

Anyone watching US election trail? Edwards has stepped down - he better endorse Obama or else oooo??

Obama for US presido Yeeee!!!!!!. _{I wish}
The thing dey vex Bill and Hilary say small boy come carry their desert -- as if it is their birthright.
I wonder what Hilary has to offer , was she not advising Bill in the Bedroom during his 8 years reign?? Na only their family get leadership skills abi they want to turn to dictator

He cannot endorse either one because the guy is going to be bridesmaid VP candidiate again. He must play his cards right.

I'm for the Clintons _{(did I hear you scream "traitor?)}  Methinks Obama is a rock-star; too quick a rise and no track record. He was a nobody only 4 years ago and now is the front-runner. He has no negatives because he's done nothing. It's easy for him to say he opposed the war from the beginnning; he wan't yet a senator when it was time to vote. Also seems to fumble a lot when he's debating instead of speaking. But he seems like a good guy and I think he'll win.

Surprises:
Nawaoooo, Wendy & Wanajo, is it true that you can give the inside gist of what goes on behind the BEDROOM? I will appreciate an answer. Thanks

I'm sure dollyp meant "BOARDROOM". No need for innuendo.

http://www.businessdayonline.com/economic-watch/market-outlook/3011.html

The Japaul bonus is actually planned for 2008 FY and not 2007, so what's the market crazy about? Even if they beat the 07 forecast by 100% and the 08 forecast by 100%, it's still sooooo expensive (esp since we don't know how many shares were sold at the PO - u know how that story goes).

shigidi:
@ easimoni, pumping777, please what are the numbers for ikeja hotels. wha is forward pe?? please help

Shig, why are you "shivering"?  

IKEJA HOTEL PLC
Hotel & Tourism
Current Price  7.00
Outsanding shares 1.732B
Market Cap N12.1B
FY PAT 06 N526M
FY PAT 07 N843M Basis 3Q07
PAT Growth% 60.2
Trailing PE 26.1 Forward PE 14.4
Forward EPS 0.49
PEG  0.43
YE December

BTW, I thought u had my spreadsheet?

midastouch:
This is for the Large Hearted Gurus here: easimoni; pumping77, windywendy, dollyp1cute, wanaj0, fatherof2, Frankriri

I am new to trading so please can you explain how one can carry out the following trading styles:

RORO - roll on roll off
CICO - cycle in cycle out
GIGO - get in get out

Secondly, is FSDH Securities Limited a reliable broker (do they have a reliable and efficient online based service) ?. If not which ones can I get for about 1m.

Many thanks.

No mind us jo! They all mean the same thing. The premise is you buy a stock when you anticipate news (mostly announcement of results/bonuses/dividends or lifting of technical suspensions) that should drive the share price to a new level. You don't wait to see where the stock goes in the long-term; you simply exit when your target price appreciation (ex-fees) has been met. Fo2 is the pioneer of this strategy and recommends 25% as your target. It should take anywhere from 2 weeks to 4 months if you time it right.

It is not for the faint of heart or the patient ones. It is for those who enjoy tracking prices daily and turning-over several times a year. Not sure I can offer you a comparison of this method to others (such as Wanaj0's patented "multi-year siddon look if nothing bad dey happen^TM" ) but it has it's merits.

I hereby pass on your FSDH request to others. I use their spreadsheets (the best!) but have no knowledge of how good the services are.

bigjay01:
make i ask again, wetin de happen 2day 4 NSE, abi Ndidi don de do this them meeeting again?

I was just about to ask. Abi una get public holiday because super chickens Eagles finally won a game. E no dey tay for Naija Govt to declare public holiday.

crazyT:
Despite the bad result, since 18th of January the thing don gain about 20%, ride on UNIC!!! NSE is too unique

Yes, the NSE is too Unic! Make sure you get out soon. TS is knocking on the door of all Ins coys.

http://www.tradingmarkets.com/.site/news/Stock%20News/773238/?hcode=relatednews

But the Chinese bank did have some sort of financing deal with UBA

windywendy:
Ok o, let's wait for Easimoni to confirm  his figures _{by the mouth of 2 or 3 witnesses . . .}  

Here is the official Lasaco outstanding shares story: Once upon a time, _{time time,} Lasaco had 1.411B shares. They came to the market (Oct 2006) and offered us 6.854B shares strictly out of the kindness of their hearts. _{yeah right!} But, only 5.992B shares were alloted representing 87% allotment Lasaco kept quiet for 15 months, letting the likes of Lead Capital _{the rumbling, bumbling brokers} assume they only had 1.411B shares outstanding; Lead, in turn, advertises a PE btwn 5 and 7 and screams BUY BUY BUY!   But alas, the truth is out and Lasaco has come clean much to the chagrin of certain analysts (who need to be flogged for not being able to calcuate PE)

Where the story get k-leg be say na 5.992 B shares (87% allotment) them suppose list. How them take list the full 100%, I no sabi. Anyway, update your sheets to 8.265B shares ( 1.411 + 6.584) until we see the audited report or prospectus (u know it's coming)

Forgive me for the story, been a slow day at work.  

yodiyokun:
C& I leasing.

From records - their full year is released around july --- 1st quarter around march, why on earth has it defied the force of gravity hen,

Please anyone one insights about this company should expand ooo, I know their forward PE is around 40, but because there is no other company to compare it with-- how do we evaluate oooo.

The thing baffle me no be small. I bought small at 7.50 thinking it'd take 2-3 months to RORO/CICO/GIGO (do I sense Fo2 smirking, saying "this fundamentalist dey CICO?". Now, 6 wks l8r, I'm about to pull the trigger. I don't think the 200+% PAT growth rate is sustainable (revenue is growing at 70%) and therefore a forward PE of 40 is not justifiable (my opinion)

sweetcheek:
@windy, @pumping,@easimoni, whats up ikeja hotels lost 17k today,does any body know why

This is your username! I'm afraid to ask.

Market moves up and down. Sellers pass buyers, that na why the thing reduce. Na long-term or short-term? I'd bet on short-term because the f'mentals are solid.

orisebawo:
Hi to all the gurus in the house, i wish i had known of this forum before i participated in Big Elephants offer.

I applied for 10 big ones(330k) and i had 8.3m returned after 7 months, now i have 5 months to make something out of it before i return 7 big ones(incl interest) to UBA. I intend to split as follows.

125k   GTB
30k     FBN
20K    UBA
25K    ZENITH
30K   ACCESS

Please every advise/criticism will be very welcome

I don't understand how you invest N330k in the FBN offer and get N8.3M back   Your folio looks solid though I'd recommend avoiding Access. with the allocations they announced and the debt-to-equity conversion, the PE is going to take a beating in the coming months.

@ Frank

Sorry to hear about the passing of your brother. God gives and takes away. He will give you and your family the strength to bear the loss. He always does.