₦airaland Forum

MyPeace:
@fatherof2

Thx alot, i count on you.

wanaj0:
Dry bones shall rise again.

Hope people will not develop high BP with worries about daily flunctuations. Focus on the long term

wanaj0:
My brother, nothing to worry about!!! This is a faceless forum to start with. Anyone that gets angry over the internet need to get his head examined. Nothing said here take or remove from my person. So no hard feelings.

i got more punches during the Access bank PO when someone wrote a damning report on Access Bank. Though I like objectivity, in a faceless forum, you will not always get it.

I like fatherof2's contribution. It is a comic relief. But for a marathon race, I am not that bothered about what is happening at the 100m point.

wanaj0:
So, seen the good, the bad and the ugly!!!!

ololufemi:
@ Fatherof2,

Thanks,

I am sure you know that this 25% nd 30% profiteering thing is very common with people who buy large amounts of stocks especially with borrowed funds in Nigeria here.

They could gain 25% twice or thrice within the space of a few months and this tends to help them pay off those loan facilities quickly.

Na them dey cause these profit taking for market oh.

I have a question for you and my big bros no vex

How did you know Intercontinental was going to drop above 4% ie 4.24% because you sold yours yesterday.

Thanks and I'm still sticking to the game plan. Waiting for those low levels before I rally in

Thanks bro and I am grateful

wanaj0:
Well you have over 200 stocks on the NSE. How many stocks are listed in the banking sector? How many of them will you say is a BUY? How many stocks are in the Insurance sectors? How many of them are BUYs? Now move on to the Food and Beveradges and the Petroleum marketing sector. What of the Chemical and paints and the pharmaceutical sector. after that check the building and materials, conglomerates etc.

When you finish, classify the stocks that you will want into income stocks and growth stocks. Then you will know where I am coming from.

Additionally, there are stocks that I buy just to monitor, get the full annual reports, attend the AGM, get invited to the investors forum etc. That's why 15 stocks account for over 90% of my portfolio. For me that is the only way to get the FACTS behind the figures in an environment faced with dearth of information.

If you read my posts very well, I talk about overdiversification. However, there is an age you get to that your portfolio will have to be defensive. One thing you don't get is that at a certain level, growing your portfolio becomes secondary as compared to maintaining the status quo. At a certain age, you know that there are some extra risks that are not worth taken.

Everything is not just black and white. There are other issues that governs investment decisions and philosophies.

Getting a bit religious now, what is the objective your objective of investing? Just to make money? Many don't have a clear objective in mind. When your objective is met, it is GREED that will make you to take extra unnecessary risks. Sometimes the additional risk is unwaranted based on your portfolio size and objective.

RoughCut:
Warren Buffet the greatest investor we have ever known happens to be a student of Ben Graham and he doesnt believe in diversification  or should i use the word over-diversification he  invests only in stocks that are in his domain of expertise

Hmnnnnnnn food for thought

ololufemi:
@ Fatherof2

I agree oh. I hope it will still be available a week before TS is lifted.

What's your suggested entry price for Daimond. I'm looking at 19 for now. Need to make a quick decision.

Thanks Baba ke

st1:
All The Gurus

Please advice me on this. I bought Mbenefit @ 3.58 and Crusader @ 4.72 in August. Now Mbenefit closed @3.88 and Crusader 5.60 yday. Do you think I should bail out now and move in on other vibrant stock? Or what is the best exit time?

feelgood:
@fatherof2,
Thanks. What do you think of japaul - do I buy now or the price is high?

feelgood:
Many thanks wanajo. But what do you think about japaul - is it ok to buy now? My goal it to max my 500,000Naira investment which I put in nahco by feb 2008. So can I sell my nahco for japaul - or which other stock do you advise?
Grateful 4 your time

jehosaphat:
@ Father of 2
I have a problem with you. You seem to be bloated with a sense of importance because you predicted Access would rally and it did. The older members of this thread have been sacrificing their time and effort to share information and make sure that every one learns but you are bent on keeping yours to your self. From EMMAACHILE's reports, software and spreadsheets, Pumpings number crunching, no-shakings End of year reports, Easimoni, Wanajo, Aktopgun, youdiyokun, Temmie 10 etc, even me and my poultry proverbs, the essence is to share info but you are not doing that and I don't think it is fair. Youngdoc asked somewhere earlier in this thread . and you told him to go back and read his news papers, what kind of a response is that? Easimoni has asked you here You ignored him.
Yodiyokun asked you again and your reply was " hahahahaa"

I don't think thats the spirit of this thread , and if you would rather not say, why not tactically let us know that it is a secret software or something and not gloat !

I don't expect you or anyone one else to reply just so we don't start another flow of bad blood but it has rankled within my belly and so i felt i should point it out.


Meanwhile, anyone watching Japaul?

MyPeace:
Thank God for that tempation

l just checked to see that it has raised to N3.31 for the first time since i bought it.  l pray it should get to N5 before december ending so that l can cash out.

MyPeace:
please somebody should react to pumping post on Lasaco result on page 87. lt seems am the only person suffering losses from lasaco? l bought at N3.25 4months ago, l hvnt joined this forum then shaa
[/quot

I was tempted to answer.
Don't panic.Watch it rise.

kevyngbash:
Oya na, Fatherof2. Though I read the suggestion you gave someone earlier on, maybe something has changed, or perhaps, you have some other additions.
No vex oo

yodiyokun:
Baba Ibeji,

make I no vex for you oooo.

When did you start on this thread sef . You see now - confess you did not read this thread from page 1.

I was taught how to FISH ON THIS THREAD. The guys here have never held their knowledge back. I remember easimoni, pumping and wanaj0 explained how to arrive at the various calculations. They provided links to site where i could do further reading.

Many spreadsheets have been flying around many times over.

That is why I keep saying - for new guys read the thread from beginning.

It is worth the effort - believe me.

Baba Ibeji - The guys here have taught people how to fish endlessly over and over again - I seriously do not blame them if they are tired!.

yodiyokun:
Oh keep quiet already - You are gradually turning this thread to something else.

Meanwhile  - jokes aside - Show us your hand oooo , what is the code you are using.

You promised to reveal it  - when na? abi na only you sabi do hit and run?

ololufemi:
@ Fatherof2,

When I was screaming buy the Zenith PO, people thought I was joking and were asking if I was Jim the dream Ovia's sister's, uncle, brother's child.

Some even claim the stock is too expensive. I am now surprised that it is now a hot stock.

If it is a hot stock, then its better to buy at the current market price on TS and not wait for the certificates, physical or electronic.


Got the info from IBTC stockselect. was just released earlier


SELECTED INDICES
Current Price : N54.00
Shares Outstanding : 11.181 billion
Market Capitalization : N603.819 billion
Stock Price Volatility :
Liquidity : High
Price to Book : 9.43 Industry Average: 5.41
Return on Assets 2005 : 4 .63%
Return on Assets 2006 : 2 .43%
Return on Equity 2005 :59.66%
Return on Equity 2006 :44.18%
PAT (2007) : N21.441 billion
Projected PAT (2008) : N32.161 billion
EPS (2007) : N3.02
Projected EPS (2008) : N2.87
PE (2007) : 18.4 Industry Average: 27.8
Projected PE (2008) : 18.77 Industry Average: 23.49
Dividend Yield (2007) : 2.20%
Projected Dividend Yield (2008) : 3.20% Industry Average: 2.42%
Fair Value : N68.00
Projected Price (September 2008) : N75.00
Recommendation : HOLD (Short Term) BUY (Long Term)

no_shaking:
Abeg, this thread is big enough to accommodate all kind of of divergence, likewise the stock market, so, softly softly on comments!! Like I always say, there is no permanent champion in the market. It's simply a zero-sum game, my people!

By the way, where was Fatherof2 during the _long bearish period? Just wondering what his strategy was then?

no_shaking:
Hey, it's a valid point you are making to an extent, but you too should slow down on your prophecy and over-elaboration, _{for real} and pay more attention to the technicals etc

pumping777:
Well, I don't know how this affects you. Just skip the posts. You can take care of your  own "students". According to Fela sha, Teacher Don't teach Me Nonsense. Also don't forget to answer the question for your "students", "HOW CAN THIS TRANSLATE TO A LOSS FOR ME)

RoughCut:
I didnt hear anybody complaining though so not sure what you are on about

lawalidowu:
@fatherof2

roughly when will the announcements will be made?
i aminvolved in a similar scenario but i am just helping my friend manage his money. i want a very active portfolio, buying and getting rid of stocks in a 3 month window frame. i know things don't always go as predicted so, combining 3 low risk with 1 high risk stock should keep the portfolio above water in worst case scenarios.
what stocks fit into the sure average gain (2 - 3) and the gambled high gain (1 - 2).
wanajo, easimoni, pumping and d gurus. your input will be appreciated

3 MONTHS WINDOW FRAME. 6 MAX

upward:
Oga FatherOF2, I'm still expecting your mail, or at least a response. I'm willing to learn from the masters, I'ev learnt a lot on this forum and from pumping.

upward:
Hello people, take a look at this news.you can make something outa it:


EKOCORP PLC UNAUDITED THIRD QUARTER RESULT FOR THE PERIOD ENDED 30 SEPTEMBER 2007
2007 2006 CHANGE % CHANGE
N'b N'b N'b %
TURNOVER 0.406 0.353 0.053 15.01
PBT 0.089 0.110 -0.021 -19.09
TAXATION 0.009 -0.011 0.002 -18.18
PAT 0.080 0.099 -0.019 -19.19


FCMB PLC HALF YEAR RESULT FOR THE PERIOD ENDED 31 OCTOBER 2007
2007 2006 CHANGE % CHANGE
N'b N'b N'b %
GROSS EARNINGS 21.870 10.880 10.990 101.01
PBT 6.763 2.822 3.941 139.65
TAXATION 1.420 -0.592 -0.828 -139.86
PAT 5.343 2.230 3.113 139.60


RED STAR EXPRESS PLC HALF YEAR RESULT FOR THE PERIOD ENDED 30 SEPTEMBER 2007
2007 2006 CHANGE % CHANGE
N'b N'b N'b %
TURNOVER 1.585 1.338 0.247 18.46
PBT 0.212 0.193 0.019 9.84
TAXATION 0.064 - 0.058 -0.006 -10.34
PAT 0.148 0.135 0.013 9.63