saintneo:
Thanks a lot for your response. Your response is inline with one of my questions as quoted below.


However, I have searched the internet for official statement from NSE or OKOMUOIL to prove the 1 for 1 offer to the customers.

Nevertheless, I appreciate response from alexvatt; based on the price correction theory, I would like to see some official info.

Born 2be Rich:

Yeah i know why i wrote sentiments because from their reported first quarter Q1 results for 2013 their Profit after tax declined by 65% to N 491 million, Net margin also reduced to 27%, top line revenue declined by 35% to N 1.83 billion in 2013 from N 2.82 billion in Q1 of 2012, while their cost of sales rose to N 638 million...

So for now sentiments might drive it up not fundamentals...

Kindly go through the link for their Q1 results;

http://www.nse.com.ng/Financial_NewsDocs/2909_OKOMU_OIL_PALM_PLC._FINANCIAL_STATEMENTS_MAY_2013.pdf


Happy investing...

Born 2be Rich:

Yes, it is okay to enter as sentiments might push the price northward...

olly pass: @ yogun:ok will check it and get back @ ya...dont u tink u need to give laz inc accusation a more serious response than that?

valacious:

FBNH result out, N2 dividend!

yogun:

basically you register with the company with $200, buy markers @$30 each, minimum of 10. daily mark your markers online mon-fri. salary will be paid monthly. monthly $0.6Xnumber of markersX21 working day will be paid to you monthly, for instance if you bought 50markers @$30 each, the following month, your salary will be 0.6X50X21days. do d maths.

Seun:
How to determine the value of a business? Well, let's imagine that you want to buy a small business in your area. You'll probably start by inspecting all available financial records for the business to figure out how well the business is doing. You'll learn everything there is to know about the business - value of assets, salary cost, rent, cost of training employees, level of patronage and sales, competitive situation, etc. You will use this information to predict the future profits of the business, and you will not pay more than an amount that guarantees that the future profits of the business after tax will exceed the amount you paid for the business in a reasonable period of time.

That's exactly the kind of process you should go through if you're thinking of buying a stock. A stock should not be regarded as a piece of paper that fluctuates in value depending on whether the bulls or the bears are reigning or whatnot. A stock is a piece of a company. The value of a stock depends entirely on the value of the company it's a piece of. Nothing else matters.

If you do not have the patience to analyse a business thoroughly, then it would be foolish to acquire it. In the same way, if you don't have the patience to analyse public companies thoroughly, you should avoid picking individual stocks for your portfolio unless you just want to entertain yourself (like a gambler). Instead, you should practice [b]extreme diversification by buying small quantities of many uncorrelated stocks that look generally healthy and relatively cheap (honest & competent management, good competitive prospects, and low P/E ratio). If you do that, you are likely to equal the general performance of the stock market or outperform it very slightly, which is the most that you can reasonably hope for if you don't know how to value a business.

oduz: Attend Trade Groups & market to their members
eg NACIMA, MAN, NASSI etc
& individual small businesses that may not belong to this groups
Get a Business Directory,
Monitor Newspapers & street Signages
or just Google
All these will give you a database that you may have to follow up, by phone or one - on -one
You may also employ commissioned Agents to do the initial legwork
Best Wishes

perezi: I reside in ph. Am intrested in ur business can u drop ur contact?

Seun:
1. Determine how much you would reasonably pay for the entire company if you had enough money to buy it.
2. Divide this by the number of shares issued by the company. That gives you the true value of the stock.

stockbull:

i seldom recommend this first bank stock. It's a pity the time they are known to be mr div and bonus is turning to history.so many stock brokers as agents deceiving investors in the part. The stock is similar to google and apple stocks in america. Endure more

Symphony007: look at this kid! Which state in this country that is'nt having problems with exam malpractise? But which state has fought exam malpractise more than rivers state? The state government personally sends para-military forces to supervise exams and anyone caught is jailed. The governour and commisioner of education visit exam centers, where is that done? The government has fought so had and wace keeps telling them not to interfere with their organisation. So what do you expect them to do? You dare open your mouth to attack educationally the only state in the federation that jails parents who don't send their kids to school, and has the most sorphisticated schools where fees,uniform,sandals,books and even lunch is free. Better think twice before talking!!

Symphony007: no good roads? You must be high, which south-south or south eastern city can compare with port harcourt for road networks? Stadium road,aba road, new airport road, peter odili road, mile 3 roads and mega fly over and many more! For your information rivers state is the only state in nigeria that has enough power to feed the whole state, it's has just been given the power by the feds to distribute and it is on a fast track! No solid infastructure? Apparently you're ignorant to the fact that the three tallest buildings in the entire south south and south east is located in port harcourt. You don't know about the monorail project whoes first phase in nearing completion. All the schools and health care centers jam packed in the state that you see one of them anywhere you turn! Please don't say ignorant things.

scribble:

u guys are clowns, all you have even in Uyo is nice roads and flyovers. then you have nice soups and drinking joints all over the place.

Ibom Tropicana is a scam. Ben Bruce knows it, Akpabio knows it, observers know it and good sons and daughters of Akwa Ibom knows it.

Godswill and his commissioners are stealing money through road contracts in the state and thats why there are som many road projects going on courtesy Gitto and Julius Berger.

Yeah I know Fashola also does the same scam, but at least Lagos roads lead to actual places where things are happening, business and pleasure.

Your roads lead primarily to dingy drinking joints and village-esque areas. Its only peaceful when politics is not being played and thats why they shed so much blood in AI during elections because they know the amount available to be stolen.

What you're calling development is

1. pictures of flyovers that lead primarily to nowhere.

2. plenty pictures of Le MEridien

3. E Library which is a known scam

4. Ibom Tropicana which is also a known scam

5. Keke Napep

Please don't put nonsense here and call it development again. Do you know how much Akpabio and Umana Umana are stealing?

musiwa23: uyo city is base on scam run by ngozi iweala ministry on oil allocation in nigeria.. there are not 70 oil platform in akwa ibom state as claim by the Supreme court of Nigeria..

Akwa ibom state govt went to court with false information claiming it had 70 oil platform. there is no 70 oil platform in akwa ibom state.. there are less than 15 platform.. and even some of them are in cross river state and not akwa ibom state..

so akwa ibom state govt is running a scam on the rest of the nation of Nigeria. that is not fair on majority of Nigeria.. or on cross river state..

What the supreme court need to do is review the case.. And the supreme court fail to visit the place to comfirm if there is 70 oil platform. And the supreme court of Nigeria fall for a scam by the akwa ibom state govt. And I dont even think, if the akwa ibom governor have ever seen 70 Oil platform.. .

This is it.. the Akwa ibom state govt should take the pictures of the 70 oil platform and show it to the whole of Nigeria.. it does not exist.. It was a scam on nairaland which went to the supreme court. because the owners of nairaland are runnning scam.

mmmustapha: Dis city is a village compare with port hercourt or kaduna

Deeone_bangin!:


Try it after 11pm. I got 19gb and my 1200 is still intact

Born 2be Rich:

Nigeria stock Exchange:

NEM INSURANCE plc is an insurance company that has business in life/general insurance and non life insurance business. The company has expanded its operations into the West African Sub region and an example is NEM ghana limited.

Currently NEM has a projected EPS of 0.37k, P.E of 2.6, Market Cap : 4,692,891,175.28 and ROE of 26%...

To me NEM is cheap a looks like a good buy...The current price is cheap and you have nothing to loose but an opportunity to gain while buying it.

However, the decision is yours to be made...As for stocks that you can get for the medium/long term, Sterling Bank, Diamond bank Nem, Aiico, Nahco, Nascon,Presco, Okumu Oil, Japaul... Remember na my 5kobo advise be this o...I no talk say make you go buy am...Do your own research and come out with your own analysis...

Enjoy...

stockbull:

this is the appropriate period for investors to position for the yearly profits. The market may go a little bit far in the second quarter

Seun:
I know the basic principles of stock valuation. I have a copy of Ben Graham's stock aalysis book, The Intelligent Investor, and another one on company valuation. But I find financial statements to be extremely boring, so I have never actually completed the process of analyzing any stock. Ben Graham used to analyze stocks with his students during class, and many of them made a lot of money by investing on the basis of his analysis. I wish a good stock analyst would create a stock analysis thread here on Nairaland so we can learn & practice it together.

feelamong: Am a trader in the market (ASPANDA)however I have early banking experience and had self tutoring the workings of the stock market!

my only tactic is buy low sell high! no emotional attachement to any stock but am also a long term player in the market!

luluosas:
This is why Nigerians always fail their exams, they answer before reading the questions. Your 3GB data volume for N2800, is it not a BlackBerry plan, even though you are using it for your Android device?