LondonCool's Posts
Nairaland Forum › LondonCool's Profile › LondonCool's Posts
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@Aktopgun, Thanks for the Candle light on Thomas Wyatt. The company just came off TS after issuing a Rights Offer of N250m. The company is indebted to the tune of N38m and made a loss in 2003,2004,2005 and 2007. Infact they were about to go into receivership for debts owned to their major creditor First Bank in 2002 before they were salvaged by Leadway Assurance who bought their Abebe Village Rd Head office building and leased it back to them (they used the proceeds to pay off First Bank). A venture capitalist named Moorhouse Management Ltd bought 30% stake into the company with a view of revamping their lost fortunes (hence the scarcity of the stock).The concluded Rights Offer marked down the end of the phase one of the turn-around strategy for the company. For a company that just depends on the production of exercise books to support itself, it needs to conjure more viable alternative streams of income or assets. There is a feel good factor about the company in terms of the turn-around syndrome that briefly pushed up Dunlop plc recently. I will be tempting my Ajebo broker (I share the same broker with Wanaj0) with some units tomorrow for speculative investment. |
@Aktopgun, I'm still waiting for you. Hope you didnt sleep off on the Tube. |
Aktopgun, Before I take a Sabbatical leave, could you kindly shine your Candle light on THOMAS WYAT Plc for me, I can't seem to interpret it. Thanks. |
stocknrock:and your point is ? |
greentree:@greentree, I had a meeting with Jide and the CEO of Proshare sometime ago, I left the meeting thoroughly re-evaulating myself and my purpose in the UK. Jide is a consultant for NATWEST Bank for Ethnic Business start-up's (he gets paid around £200,000) per seminar. greentree:There are various threads here and there in the Travel and Property section involving UK Diasporans (I stopped contributing there when I got incessant emails from people/forumites soliciting for letters of invitation/visa sponsorship,etc-trust Naija). |
wanaj0:@Wanaj0, Thats a big over-statement ! BTW, would you regard your Broker as an Agbero or Ajebo one from your experience with them ? When is the next FBN ex-div date ? |
Thank God for Nairaland@greentree, I rotate my greetings back to you. Thanks for the encomiums ! Are you still in UK and when is the next meeting at Hilton Paddington ? Have you met Jide the producer of "In Diaspora" on BEN TV ? He is another "smart alec" in UK. |
Can anyone direct me to a resource where I can get the Ex-Dividend dates for all NSE quoted companies ? I came across a Book on Dividend Investment and they did mention about a strategy of buying into some companies just before the Ex-Div date. |
Does anyone know when the YE Dec 2007 for Dunlop would be coming out ? |
gabza:The Stock must be reaching its resistance level at around N5 or under, maybe nothing more to squeeze |
kayusta:Arsenal put up a yeoman's performance last night, I was glad to see Adebayor finally get his first Champions league goal too for Arsenal. |
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bibiking1:Which Stock do you want to accumulate for the weekend ? Make sure you are not spending your school fee's o! |
Am I the only one awake here , Its just 03.05 hrs GMT ? |
@Aktopgun, You never sleep ? I beg check your Candlesticks for Dunlop for me |
nkc:@nkc, I am seated in the cockpit behind the Pilot on an Auto-Eject seat (to escape before any crash landing) |
Anyone else on board this Dunlop flight ? |
wanaj0:@wanaj0, Thanks! I will be using my Google Mail for correspondence with them instead of Yahoo . No answer to my Crusader Insurance question ? |
@All, What would you consider to be the best premium price to buy Crusader Insurance currently on TS ? I have been stock piling it for some time now. |
afamako:Thamesmead ? Kent ? I beg any Peckham Boys in the House ? The 2nd Nigerian Carnival in UK will be taking place soon at Burgess Park along Old Kent Road. Last year was fun. Aktopgun, guru's and guguru's you can bring your Candlesticks along. |
@wanaj0, Thanks for the info.I have not received any contract note for the execution of the orders from Afrinvest.I don't know how many Dunlop shares they bought, how much they bought it for or when they bought it and they couldnt even bother informing me about it. Mike Murdock did say that its better to "go to where you are celebrated instead of being tolerated" |
@wanaj0, Pls could you kindly help me contact your 'Relationship Officer'-Susan@Afrinvest for me. She has refused to reply my last 3/4 emails to her over the past 2 weeks and has refused to tell me the outcome of my previous Dunlop purchase instructions. She has refused to send my requested CSCS statement and Stock a/c. She has refused to respond to my text messages too. I copied one of their bosses in my last email but to no avail. Just because we are in Diaspora does not mean we should be treated with disdain.I even emailed the Broker directly but got no response.I cant even log on to their website again.Thanks |
Wanaj0 please comment on Amakpe. It is more viable than orient and if the fed government can get its act together it is a long term income earner. Londoncool na your people. All things being positive it is a good one.@Napoleon, Thanks for the info on Amakpe Refinery (as an ex-child prodigy I took 2 seconds to decode the origin of the companies name from their owners-Chief Ama[/b]nam and Mrs H.I[b]kpe). Do you know when the PP would commence and the price per unit/minimum number of units ? It looks a better viable option than Orient Petroluem's PP. I remember my O/Level Economics classes when they used to ask us about factors that influence the location of an Industry-the first answer was always Proximity to Raw Materials. The siting of the Refinery at Eket close to the Qua Iboe Terminal makes lots of operational sense to me. |
@Londoncool@sdeck, I appreciate your insightful explanation. Would a Nominee a/c be the best option if given a Margin Facility ? |
@Windywendy, Thanks for your advise. Most of my Dunlop acquisitions were within the N2.80 to N4.30 range last year, and N4.80 to N5.00 range this year. I have cycled out of some of the one's bought last year and gradually mopping up again. Lets see what this months Candlesticks have to say ! |
@Aktopgun, Did you read my response? I stated that the Inverted Hammer presents the potential for an upcoming rally (upsurge) |
Has anyone used the services of Core Trust & Investment Ltd and/or Fidelity Union Securities for their stock trading? Can I have your experiences please, especially with Trade executions. I am about making them my 3rd and 4th stock brokers. Also, what is the advantage of my Stock Broker opening a Nominee account (instead of an individual a/c) for me with the CSCS ? |
aktopgun:@Aktopgun, The Inverted Hammer which is also a Shooting Star sends a warning that the top is near and its formation at the bottom of a trend, is a bullish signal of a bullish reversal pattern. As the market opened yesterday below the close of the previous day (i.e Thursday), the Buyers made a brief rally, but not enough to close above Thursdays close. Since this leaves the stock in a losing position, the Inverted Hammer presents the potential for an upcoming rally. Confirmation of the trend reversal would by an opening above the body of the Inverted Hammer on the next trading day (i.e Monday). If the open and the close for Monday are identical, the pattern would be considered a Gravestone Doji. It is important to wait for the bullish verification for C& I Leasing, although it lost 4.85% yesterday it could be in for another short burst Bullish run. What sayest thou ? |
aktopgun:@Aktopgun, I can see a Dragonfly Doji follwed by an Inverted hammer showing a one day bullish reversal pattern. |
mpkese:My email address is in my profile here |
Repent!! No sex before marriage. |
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