₦airaland Forum

[/quote][quote author=SavvyLanre link=topic=31554.msg2066436#msg2066436 date=1205803815]Ha haba Cheexy - you wan put me for trouble - greentree sabi vex well well o,
ehnn the guy go soon commot from probation,

Sent to coventry by some.

Meanwhile,notice how history seems to be repeating itself.

[size=14pt]Didn't the historical [b]Napoleon Bonapart [/b]go on self-exile to some Islet called Alba,I think?[/size] ^{Wey that map of Europa?Wey compass,sef?}

@invisible

Me sef don helep you modify for where I quote you.I adjust your erroneus 1.5 mil to 1.5 bil.As you sef done do.

Had to mention it as it irked my brain

invisible!:
I still have not heard that anything has changed at Transcorp, but the shares continue to push up, any clues as to who is warehousing these shares/ any gists/rumours?

[quote][/quote]Maybe UBA is finally pushing its weight around.Shebi the word is they invested deeply into Transcorp IPO?

Perhaps its the non-performance of Transcorp that has hitherto affected the inertia of UBA's price,considering its(UBA) great fundamentals,neverminding the so-called high nominal price.

invisible!:
its expected that 1.5 Bil could have gotten poly products some reasonable profits, but since they made only a paltry 13 mil, we should have cause to suspect something else.

Agreed."Suspect",not "conclude".

@Wanajo or other ear-to -the -ground guru,fit come now to talk say "outstanding item" or such like,dey for the result.

Hence the needed financial anaysis before crusifixion

@aktopgun

Awful profit margin,agreed

But not in itself a conlusion of mago mago.This was the only area of dissenting opinion.

blueband:
Poly Products Nigeria Plc.

Poly products Nigeria plc released its full year results for the period ended 31st March 2007. In the results released turn over for the period increased by 13.3 percent from N1.5 billion in 2006 to N1.7 billion in 2007.
Profit before tax moved northwards by 122.6 percent from N12.4 million in 2006 to N27.6 million in 2007.
After tax profit for the period under review increased significantly by 1857.1 percent from N700.0 thousand in 2006 to N13.7 million in 2007

Seriously if you give me 1.5 billion naira I will declare more than 27.6 million as profit.[[/b]b]Even if you put that money in a fixed deposit account for one year at [b]interest of 5 percent for goodness sake that is 75 million naira.[/b]Will it not be better for the owners of poly Products to invest in stocks on the floor?Because business is about making profit.



[b]This is the typical Nigeria Magu Magu for you.[/b]I seriously suspect most companies under declare their results.Haba, 27million naira profit with a turn over of 1.5 billion

Perhaps it simply was a bad year and not mago mago.

What if a company declares a loss and not profit.It happens,doesn't it.

Their meagre profit should rather be investigated by looking at the accounts,e.t.c.-things that the financial analysts best no how to do.

blueband:
Human psychology no fit decode how some brokers de behaviour.na vetinary psychologist you go meet for that one.especially those guys for cashcraft

blueband:
Human psychology no fit decode how some brokers de behaviour.na vetinary psychologist you go meet for that one.especially those guys for cashcraft

Ol' boy,no joke with research scientists in animal intellect.

If you were on National Geographic today,you'd have learnt that even pigs are giving chimpanzees a run for their money for the title of most intelligent beast.

Na to train Bulls make dem get sense pass Bears dem suppose research on sef.

rasputinn:
It's official now,Nigerias own Samuel "The Nigerian nightmare"Peter knocked out Olev Maskaev in the sixth round to become the unified world boxing council WBC heavyweight champion of the world.The guy was so excited after the victory that [size=13pt]he mumbled through the name of our dear president[/size] during his post-match interview.I'm sure the President will understand.Congratulations Nigeria

No he did not
He was refering to Suleiman "something"-The President of the World Boxing Federation(WBC).

Up Samuel Peter!

Up Gunners!

Up O B A M A ! He rocks !

@Pumping

Thanks.Very clear.I presume there is no wahala of verification and that sort of thing.

Meanwhile I'm saddened,No wonder ZSL research paper have Diamonds price projections as they do.(Dont know how to lift data from one place to another,otherwise would have pasted this).I'm toast.Didn't factor this dilusion when I was busy hankering for Diamond shares 2 weeks back. : . . . . . . . . . 13 billion shares outstanding! What have I done?

@Pumping

Abeg answer my question to you please.Several posts up.Thanks.

@Pumping777

Hi.Could you please explain how selling GDR would DILUTE already existing shares.You mentioned this in the example of Diamond bank

I have Diamond with roughly 8 billion plus outstanding shares before the GDR offer,which I felt was pretty advantageous allowing for current EPS of,I think,N1.10.

How then does GDR sales affect?Does the sale of GDR translate to conversion to new shares?

blueband:
Bros,I don sure am the stock plus the CSCS alert them send.

E be like say you no sound the CAVEA EMPTOR alarm for am,well well on inception.

So long as you've showm him evidence of the purchases,let the guy decide what he would do jare.

Sounds like a white peep.Hope he ain't a run-away from AkTopgun's out-patient list    .

blueband:
STD is on TS.Doing a public offer sometime this month or April.

For a second there,I thought this quote was misdirected.And quoted by a Medical peep,too.

STD in medical palance refers to sexually transmitted disease;indeed a worrisome public health hazard.

Imagine STD doing a public health offer .

Boy!Am I lucky or what?

@easimoni-the insurance stocks GURU.

Oga easi,abeg.My request posted 5 posts up,to @aktopgun about CICO with insurance stocks.Could you please answer?

Thanks.

@Octopus

IBTC is well tested in the business of investment funds.

It used to be a minimum N50,000 to invest with.

They deliver 40-something% annually I believe,or more,depending on their success at financial year-end.

Haven said this,you need to speek with them one-on-one yourself.

Cheers.

@AKtopgun

My guy,whats your take on CICO for insurance stocks at this point in time.I'm considering only those not penned down for TS

I'm thinking Lasaco.

You could mail me. Krrrrrrrush6898@hotmail.co.uk

Much appreciative.

@Pumping777.

Thanks for your opinion.What's annoying in the matter is that one can never be sure how binding such FGN directives are,with the level of incompitence they exhibit time and again.

I think I should look more at growth investing;has never fitted my lazy approach to investing,though.I get apprehensive with small,small companies,though with good fundamentals(as I learn so here),but yet unproven growth.And when they begin to prove themselves. . . . .Well,you know the rest. . . you are left with the crowd,arguing with agbero at the ticket office .

I guess confidence in these small,small companies will come if I learn to do this fundamental research thingie.Abi      . . .?

@Pumping 777

I need your Guru opinion,my man.I see you are online.

Do you consider that the governments directive that all banks unify FY-ending for December 2008,will undermine CICO with ZENITH for example?
Zenith normally would end FY in June with its usual promise of good dividend,hence price surge as investors take early position;hence good for CICO.

But now,they may look towards December   .

Same for UBA,First bank and the like.

What do you think,Pumping. . . . ?

@Thread Detractors

You guys.You na no dey shame ?

Premiership.  Obama.

But sha . . . . O b a m a  hammer oo! Straight wins;a perfect 10.

                   

Go,O b a m a !!!

We have the first black US president !!!! 

jandbaby:
Are you winding me up?

Cool down,J-baby .

I take it you have several kgs of Nascon.

But I thought peeps were on to a good thing with that stock;not sure now from @loma's post

'Ave a great week-starter,kiddo.

Definitely hit Canada sooner than you think .

@Invisible

Coooool!! I just signed-up a Hotmail!

Mail me and I'll send you my widow's mite of a tip for CICO. It's been suggested few days back;very hot,may get out of shooting distance tomorrow!

This is me-. . . . hotmail.co.uk

@ALL

My comments are off the cuff without investigative research,more from memory(I confess I'm one lazy investor ).
I doubt the rumour(I'm just hearing it now on this thread) that Afribank will give bonus,based on my perception of the bank being over-valued(even at N26) based on its last Q result.

In this day and age that banks are striving to increase EPS by keeping outstanding shares as minimum as possible(some contemplating going down the intricate road of share reconstruction),I don't see the rationale of a bonus that would further dilute their struggling EPS.

This is entirely my own unresearched oppinion .

@Invisible

Hello,fellow night-owl.I just placed a purchase order for a gun-fight CICO.
Have to keep it Invisible though,not suggesting,sorry man.At least not till I'm bought.you now how it is .Difficult to do 20% these days.
Wish I had a e-mail to send you,pal.Got only my usual one not for a forum.Hang on,I'll open a hotmail right away then post here. . .

jandbaby:
@loma
LOL!! Particularly loved the one about B-R-O-K-ERs,

@Jandbaby

Howz 'bout you and me kick-off an affair;waddaya say. . . ?

I'll fly over to Seattle Canada. . . .wherever,pronto  .

Say yes,kiddo 

.

@Jandbaby

Good for you!

Good for Obama!

@Jandbaby

Hi kiddo. . . .Sleepless in Seattle Jand like me in Lagos,are you?

The weekend's at hand. . . .

I guess I figured it out. . . .Diplomacy rubbish."Resigned"really implies "Lobbied-out". . .Power tussle

@Samstone

Except if what you are implying is that high-powered horse trading is forcing Odimegwu et al to step-aside,I would have thought by your explanation that they would by all means be fighting to stay and better-position themselves and not resign. . .

NBA:

O b a m a _{e f f e c t}

samstone4:
@Nairalanders

Breaking news!

The transcorp wahala I mentioned in an earlier posting is public.
Odimegwu has resigned from the board and Ja'afaru due to resign as well as the company secretary.

Don't know if this has anything do do with the present daily maximum gain of transcorp on the NSE.
Hope it does another AP during their fight for supremacy and flies beyond expectation and other rationale.

Will try to get the full gist from my contact and get back.

Happy hunting.

Samstone4

So @Samstone,why don't you think this might rather spell a nose-dive for Transcorp's price on the floor?

Perhaps the full report will clarify,though.

Placed a buy order 3 days back,but no show. . . Waiting to possibly cancel order which didn't have an expirey date specified

NBA:
Anybody here attending the Africa Business Conference in Boston this weekend?

http://www.hbsafricaconference.com/custpage.cfm/frm/13136/sec_id/13136

If its online,we all can attend!

All is possible if you are Obama[/b]tized .

[b]Yes,we can!

easimoni:
Yodi/Wendy and other Barack fans; have a nice weekend

I say Obama's detractors,as represented by the 3rd audition-panelist in the cartoon,are out-numbered(2 to 1,if you like).

They say Obama doesn't go into specifics in his campaigns.

I say that they who have done their economic specifics all these years,are responsible for the near-depression of the US economy today.

Back to the cartoon.Yeah,Obama hasn't sung yet,but the discerning two panelists are already wowed by the props he has brought with him on stage for this great audition.[/b]By the newness that is anticipated in the great act to come.

They realise that,with the new kind of props he mounts on stage for his anticipated performance,he'll surely change the hitherto status quo

[b]Obama stocks _sorry rrrocks!