₦airaland Forum

cmi:
FatherOf2 - hope you are enjoying your jet flight (I pray it doesn't land like Gordon Brown's jet landed an hour ago) - please what is your take on LawUnion? It seems to be steaming ahead unrelentlessly. Do u think it is as solid as the price and analysis show or it is just market sentiment?

Kindly share your tots. Best regards

How you go compare British Design with Nigerian engineering.No basis for comparison.Nigeria is superior.
Easimoni raised a trading point on Law Union yesterday. I agreed firmly with him. I took some profit out today while there are still buyers. The momentum is slowing down.I'll repeat again, insurance will soon slow down generally.

pumping777:
Find the document below at the megaupload site.

http://www.megaupload.com/?d=JCPMVWIM

CAPTAIN, I hope no turbulence in sight. I dey fear that thing.

RoughCut:
You sure say empty seat dey for inside this jet? When the jet don make re-entry   that one na the signal  for those wey enter the train to begin do their business i go don comot for jet that time sha dey ready for the Q3 results. That would be the time to refuel the jet again for another mach-2 flight

Sorry i no finish the story before. After she say make i sit straight, she tell me say the person when get the seat dey toilet.
The JET speed be dey make am pressed.

tufe:
whats up with Afribank??

they seem to be loosing

Are they off TS, i never check am.Make e still fall if na true oh.That one go soon good again oh.
make i go check am.

RoughCut:
If PHB does another 5% tomorrow it will be on the home run and hopefully it will be a direct hit  on Monday and UNIC is within striking distance of  the entry or is it re-entry? point.  When the PHB jet decelerates  for mid-air refuelling  before Q3 results due in March/April then it should be good to rejoin the  flight and ride all the way till the Q3 results are released hopefully the additional shares listed will not slow down the jet too much!

Monday next week is looking very interesting indeed!

Yeah man, i still dey the JET oh well well. Did you see the HIGH/LOW====SAME PRICE. Amazing jet.
I just tighten my belt well well, i come even spread my leg for one empty seat next to me.Na passenger wen fear to enter the jet be get the seat.
But air hostess say make i sitdown straight.

MyPeace: Thank you FO2, l'm waiting for you.

I expect further increase for Lasaco tomorrow,my plan was for this week alone.
I would have made clear 25% by tomorrow with an increase.That will be a second chopping in 3weeks.
I strictly follow my plan.Lasaco may not escape beyond Monday or Tuesday at best (sentiment included) with this pace.
It will stabilise as i expect soon.
I believe you bought at around N3.58 or so (if i'm not mistaken),you should be at 25% today i guess.
Take out whatever profit you have made and wait for another stock to invade,so you don't see your money MELT AWAY twice.
It may not fall to your buy price again though except a sudden Bear comes out of the Jungle.
Don't expect that anyway (NO ONE IS CLEARING THE BUSH RIGHT NOW).

upward:
@Fatherof2 what do you have to say?  I noticed you also mentioned the drop of PZ in one of your previous posts.

My dear brother me na trader,when stock don cheap i attack am,fashy tori.
Na today slow result start.

MyPeace:
@Fo2

My Lasaco has finally been tranfered to my new broker. Do you see the bull runing till next week.

Awaiting your urgent response.

Let me see todays prices.Need to see the High/Low and Open/Close. Will get back to you.
I know it must go up today sha,but i need to feel the momentum.

@ BLOW007,

A DROP in UNILEVER today will make it a good candidate for your N600k.Hope it drops today,all things being equal.
Would suggest you tell your broker to get it for you at the lower end of todays price.If it spikes today,he should not execute.It could be a one day spike,he can go for it tomorrow again at the lower end. Takecare.

Going offline,have to go for early mass.

yodiyokun:
Baba Ibeji - Hopefully I am not inheriting your xteristics

Hhahahahah, you're.
You don dey speak small small pidgin english.

koksieboy:
FoF2,
Thanks for the info.

I'm not looking into re-entering the mentioned stocks now but rather what I'm asking is the best time to take profit on them.

Diamond N24.30
PHB N32

shigidi:
oceanic is beginning to look sweet small.

mouthwatereing even

Yodi took the words out of my mouth again on Oceanic.
Their SIN plenty. Na Q2 go save am small.

BabaOlu:
FatherOF2

Please whats your take on Linkage as per my prevous post.

Linkage not part of my 2 month plan now.But its high now sha.Maybe later wen its more affordable.

dollarmani:
TS on AIICO will likely be lifted tomorrow according to their prospectus.

Where do you guys see this stock getting to

Yar Adua office.The highest point in the land

grabdaloot:
@Fatherof2,
See me see whahala. I go confess I been get about 240k ( I been want 3m and couldn't get this year) units of AGLEVENT but sold at 6.03 since then I don dey try buy back the thing but no show some people don make am  unreachable to the common man. I bin never know the gist behind this thread before I dey yarn whole heartedly. I have since learnt my lesson after UPL and LASACO saga, Now till I buy I no dey recommend any thing for open air again lailai!!! But you know sa I no go buy stock wey no get good fundamentals na . I get one other stock wey I dey eye right now wey no dey banking or insurance sector with LS PE of 9 and HS PE of 11. I no go yarn till I don buy am finish

hahahahahahahahahah

koksieboy:
FoF2,

Thanks so much, this isn't rocket science at all How come it seemed like mistery all the while? When do you think is the CICO time for

Mbenefit
Crusader
FCMB
PHB
Diamond
Access

I've made 17.5-49% profit on them after broker's fees?

God Bless you!!!!

Opportunities were missed on both insurance last week
Access can be re bought with one more step fall or around N22 minus.
PHB is just rising,
Diamond is due for some temporary CICO after it peaks this week hopefully.
FCMB is still falling.
Generally i use 10 - 15%(Max) fall from a previous recent peak for reentry.
Mainly in bull season.

shigidi:
baba ibeji, what is your own take on UBA ,i thik its still a BUY no matter what , do u think its another po in the offing

UBA still remains a BUY.
If that igbo guy try come market again, i go go use nail punch that e 7-SERIES tyre.
Don't have any info on PO from them,na just few months ago them come out of TS now.

koksieboy:
Fatherof2,

Thanks for your response. If I understood you well, in the case of a fundamentally sound stock; you are saying ONLY THE PROFIT  should be sold and revinvested and not the entire stockholding. But for stock that are bullish without any fundamentals, one should sell the entire holding and clear out after reasonable profit based on personal risk appetite.

Am I on the right track?

Rgds

Yeah you're right up to point.Even for fundamentally sound companies, i will clear out at the right time. This is not the clear out time for some.
In America, pundits call this period earnings season.
In the NSE, most of the money is made between now and June.After then i do clear out,because a lot of them will be dormant after YE.
But if you remove your profit now,you can send to another stock(not necessarily the one you removed the profit from) so both are working for you.When one is sleeping,the other will move and vice versa.

beginner:
Father of 2

Please I can see you are online. What is your take on Fidelity, is it a good buy short term over the next 2 weeks. Thanks for all your lovely contributions.

yodi has just replied you on that one.
I was about to ask you if you were in it already.
If not,don't get injured.You may go and buy at a price too high.Wait a little.
Wait for its next fall.

tonyjon:
@ Fatherof2,

What is your take on AG LEVENTIS and ACCESS BANK?.

Peace.

Grabdaloot is the owner of AG LEVENTIS. I've been taking note of his posting on that stock.I like it.I like bonus(just for cap appreciation oh,not for keeps).
But the stock just REFUSES to come down at all since when Grabdaloot has been talking about it.I want to enter,but it needs to make itself available.Its not at the current price.

blest:
@fo2

bros,i got access for 22.5 during there TS(thanks to my broker).please what prospects does this stock hold for short term.i don tire to wait for something to happen.do i pull out and invest in something else?

No oh, don't pull out na. You don reach end of the road.FY is march.And 9 months is due soon.
Just wait.Only your buy price high small sha.Not to worry, problem no dey.You'll get good things from Access.

koksieboy:
Father oF 2,

Chief, I'm still waiting for your kind respond to my post above. thanks in advance.

Sorry i had a visitor downstairs,
Remember that a stock will always grow as the company is growing.
You buy a stock at N18, it rises to N24.You sell the profit made.
The stock is re offered to you at discount (being the price drop to say N20).
That is a 16% discount.Broker fees total 4%.That's a 12% discount on the stock at which you will use the profit made earlier
to buy more units.Also remember that by the next time it rises again it could exceed N24 at which you sold,but then you already have added more total
units than what you started the stock with at N18.
Its much beta than starting at N18 with 150000 units and watch the stock rise to N24 and fall to N20 rise to N26.Whatever the movement, you started with 150000 and end with 150000 whenever you sell. That's not the case with a CICOer _{if there is such a word}

shigidi:
@ easimoin, fatherof2,
i gt diamond at 18.4, id love to exit at 25 naira but if i do, there aint much out there, its still the best priced bank alongside uba and phb will be hard to get. which stocks do u think are worth jumping into right now

I remember i mentioned sometime in November that i'll yoyo from FCMB to GTB. Just finished FCMB yoyo with some profit.Moved the profit into Lasaco on friday.Will move out of Lasaco this week and hold for GTB to drop till month end and wait for the next 8-10weeks needed for GTB to announce FY result.
Meanwhile i had a lot of lasaco from which i extracted some profit and moved elsewhere.
You can take GTB month end.

easimoni:
Nice to hear that Lead's performance is improving. My account officer is back so I'm back in the game. They threw me a curve ball yesterday; charged me OD because they couldn't execute a sell order which would have put me in the black. I just dey look them.

I'm getting out of Law Union. No more "news" expected for 5 months as we await the FY 2007 and 1Q08. I don't expect any sustained bull run in the absence of any news (true for the Ins industry in general). I predict LUR will drop N1 (to ~N4.80) within the next 2 months and I'll get back in. That's my story and I'm sticking to it!

I agree with you there.Insurance are just going into the stage of stabilization,with small ups and downs. If bull and bear continue weekly,then it becomes predictable.The fun will be gone.
Another reason is that " THEIR SEASON NEVER REALLY COME".

easimoni:
When did u buy your Diamond? I got mine in Dec for 18.60 and with reduced (thank u Fo2) commission I'm up only 21%. Set N24.50 as my exit. Hope it gets there tomorrow.

Or do we wait for the 9 month result expected within 6-8 weeks

AT  N17.81   on  13/08/07

easimoni:
Ololufemi is busy counting the money. Will return a couple of millions from now

Hhahahahahahahah,

yodiyokun:
Leave tax return matter - I was studying for it ojere.

some of us be JJC to this North amercian yeye tax return wahala.

Mean while na office work keep me busy

Diamond Bank ooooo , It didnt appreciate today - waiting for it to reach 30% so I can bail out.

Thank God I didnt sell all my Lawunion - enjoying 68% apart from commission now. But no volume chei!!!

Is it too late to get on PHB train? at this their recent result - PE is just 22 ?? abi

I dey watch the Diamond. That stock is under remote control.It must peak out by friday.
i don cross 31% profit on it.
But i no wan sell all now (just part this week),just move your 30% go another stock so that you go dey chop on a weekly basis from all angles.

Wow PZ e be like you wan release your Q2 result very soon. Can't help notice this drop.

@ BLOW007

 Make you ready that your N600k for chequebook oh.The signal wan come oh.
Strike is approacheth.

Just catching up can be hard work

@ SHIGIDI,

On PHB. There is a saying in judicial circles and all lawyers will agree with me.

"PROFIT DELAYED IS NOT PROFIT DENIED."

Men GOD don bless me this January oh massively.I must repay him BIGTIME by year end.
Na the thankyou i give am last December na e just dey answer me again bigger time.
I can't believe my port again.

@ Prince11

I tell you say na only Kaduna dem write for IEI bearing.E no know where Lagos dey.

@ Bigjayuk

Na your post kill me pass, how you wan take hang on for fuselage.
with this strong hammertan for niger.

@ Captain Pumping,
Fly the plane well oh, i dey your hand oh,no distraction.

@ kpineo,

Na small busy i busy, that's y i don dey post early morning and evening.
Na ololufemi i dey look for now.

i still dey page 336,

i just dey cry for my seat now.
Roughcut,Pumping,Kpineo,koksieboy una wan kill me with laugh.
i dey cry oooooooooooooo.
make i jak finish.

invisible!:
@Father of 2, why you tell them about the UAC Properties, them go buy am finish before I start ooo!

Sorry my brother, i no know say you be wan attack am. i be don attack am before i talk am.If i talk am before i attack am,nothing for me oh. Sorry.

Favour08: @ All
Okay guys. Lets begin a list of stocks with volatility and good volumes.
RT Briscoe
Unilever
Vitafoam
Dunlop

Please list others you can k

You can add UAC-Prop right now. Super CHEAP and a good CICO.