₦airaland Forum

damoche07:
Rightly said.

yodiyokun:
@Fatherof2,

Hmm, mind yourself ooooo!!!.

Always put a caveat at the end of your stock picks ' this advise is my personal opinion; if you require professional advise ,consult your stockbroker'.

or else, some people here will take it hook line and sinker ooo.

ololufemi:
@ Fatherof@

3 Months but I would want to make as much profit on it as possible

Thanks

ololufemi:
@ Fatherof2,

I greet you my bro,

I need some cool advice here and it is urgent.

I just got a loan of N1,500,000 from a bank and expected to pay back as soon as possible.

I want to use this amount for high speculation in the market.

Too many things going on in my mind and I need serious advice on how to benefit as soon as possible.

What options of stocks do you have, looking at short turnovers and taking into consideration entry and exit windows, timings, rumours and news.

Thanks a lot cause I know you'll help out.

Allcorrect:
Common pwise.
The man is a guru, You say it is expensive. Their 1Q eps is 70k, Ow much do u think FBN 1Q is. Just wait until u see the prospectus.

You know the guy owns cellcom and i sense he might just be putting it up for sale to Zenith or the bank might just buy someting real good. Most of these banks are raising money now because we don't know the next policy that will come. Perhaps there will be embargo on all PO's.

Will buy it Big time.

@Father of 2
Most times its difficult to get stocks on the floor during TS. Tried that strategy but got onli little of them stocks except u get cross deals.

So Ow do go bout this

Femtex:
@ Everybody

I entered Lasaco @ 3.00 earlier this year. I've watched it moved up and down. With the bullish trend in the insurance sector at the moment. Is it advisable to still hold on to the stock till the next quater (March) or do I cut my loss right now and move on to a better sound stock. Thanks everybody

Also, Do we all know when Dangote Flour will be listed?

shigidi:
@ wanajo , would you advise entering FCMB from the floor. at 17.45, one can actually get 50% appreciation from the stock, with a forecast eps of 0.96(assuming oversubscription) it can get to 25 quite smoothly. whats your take on that because there don't seem to be any juicy offers at the moment.

aktopgun:
@ololufemi

aiico's figures look good and they are reliable (as much as any ins coy can be)

it may be difficult to get on the floor now they are on TS but your broker could always check.
my experience is that they just say its scarce, whatever that means!

ololufemi:
@Fatherof2,

Noticed the movement of First Bank, inching close to full 5% soon.

AP is also doing a rebound, up by almost 5% and crossed N100 . This means people who sold at a high of over 114 and re-entered at 83 would soon be cleaning out very soon and have their cash registers ringing.

What's up with this market. I don't even understand it anymore and I'm scared next year might be a great boom with prices skyrocketing.

Makes me happy though.

Thanks a lot bro. Very grteful for the access tip

ololufemi:
@ Fatherof2

I've got this friend who just got a facility of N2 million and he wants to trade short term with it ( 2-3 months).

Got any bright ideas on which stocks to buy for him.

I would appreciate it.

Thanks

no_shaking:
Internet based! But out of curiosity, does the 'HOW IT BROKE OUT' really matter for now , the 'koko' is the 'WHEN' & 'WHAT' etc, my brotha!!!

no_shaking:
Internet based! But out of curiosity, does the 'HOW IT BROKE OUT' really matter for now , the 'koko' is the 'WHEN' & 'WHAT' etc, my brotha!!!

upward:
Please gurus in the house, this is not a very bad result but I've been waiting for this to know whether or not to sell some of my GTB to buy some others. What do you think?? I have some of GTB I bought since the IPO in 2004, now I want to start trading. I believe the price isn't going to appreciate much, or what are your thoughts. If I'm to sell now, which shares do you advice i buy, for the short-term. a beg advice.

no_shaking:
My brotha, na breaking news, live from the floor o!

no_shaking:
GTB H2 Results Out!

GTB PLC
AUDITED HALF YEAR RESULT FOR THE PERIOD
ENDED AUGUST 30, 2007
2007 2006 %CHANGE
GROSS EARNING N33.006b N22.065b 50
PROFIT BEFORE TAXATION N11.020b N7.119b 55
TAXATION (N3.526b) (N2.278b) 55
PROFIT AFTER TAXATION N7.493b N4.841b 55

INTERIM DIVIDEND/SHARE 25K
CLOSURE DATE NOVEMBER 30, 2007
PAYMENT DATE DECEMBER 13, 2007

Was expecting H2 PAT to be around N10b. Anyway, fair result !

yodiyokun:
I seriously Doubt the POs will be oversubscribed.

First Bank has taught a lot of people sense.

Meanwhile, I believe the Market will be depressed in December - lets wait it out for 2 - 3 weeks and see what unfolds.


Abeg @all,

Anyone dealt with GTB registrars lately? I need to verify my GTB shares, and its giving me a bloody headache. Its in my maiden name and i don't have any I.d or Bank account in my maiden name.

What documents do they normally request for?

It's so annoying seriously it is.

tonyjon:
Then go for BANK PHB. Banks at present are like money spinning machine. Apart from this, BANK PHB have good fundamental and there is hope that you will make your money back within a very short time. You can also read their prospectus before you make up your mind.

Good luck.

Peace.

[/quot

Afribank, N100BN
BankPHB, N75bn
Zenith, N130bn
Total, N305BN
Add  135% Oversubscription(Conservative), N412Bn

This is one good reason the bears will send us our Christmas gifts this December.That money will have to leave the Secondary market to the primary.
Meanwhile did anybody observe that on Tuesday, FCMB had just  22deals, 348000000 UNITS worth  N6.6Bn.
My take on this is that their stock broking arm is doing some mopping up to ensure FCMB rallies after TS is lifted.
So much money for just 22 deals .
FCMB is on my buy list.6 months results will be due very soon and they will deliver on projections.

kpineo:
I seem to be in the wrong stocks, MBenefit, NASCON. Still waiting for Access to perform, no certificate out for oceanic. pips i need to diversify. With MBenefits result, they would probably not hit the 1b target so what next. my average entry was 3.68

shigidi:
@ easimoni, if you have an e-mail addy that you use for NAIRALAND ONLY, can u please give it to me. i need to share some info with you.
please reply if u do.

pumping777:
E
Excellent results from Mutual Benefits!!! Clearly exceeded expectations. On course for PAT well over 1B Naira.

Costain is in on course to meet target. Good result but not beyond what was expected. I need to get my hands on the PO prospectus. I suspect it will be very interesting.

blest:
fatherof2,

are we going to see an appreciation of 25% and then pull out or do we stay for a longer ride.what do u think?

ololufemi:
@FatherOF2

First Bank appreciated by almost 5% max today. Sounds like our hypothesis may be true.

Hope it continues like this.

pumping777:
I am smelling the same rat with Cadbury. If deals are up even with the "bad" results, the smell of the rat is even stronger.

no_shaking:
Live from the Stock Exchange!!

Cadbury FY 2006 Result out - T/O - N19.b Operating Loss - N1.4b; LAT - N4.6b. Q1 to Q3 to be released soon

Also, most insurance stocks currently on the down side for now esp Crusader, UNIC.

oawele:
@ easimoni

i learnt about trade points from this site

http://www.trw-stockbrokers.com/trading%20points/features.aspx

i tried downloading the software and i guess it has been moved or removed.

@all
how do i add quotes from previous comment to my new comments?

does any one have more infor on trade points? i like the software.

nazzyon:
I didn't get your message