Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 2:12pm On Feb 04, 2016 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 10:17am On Feb 03, 2016 |
50% on Seplat. I have not had such gain in months. Thank God. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 2:54pm On Feb 01, 2016 |
chukyjones: Thanks Bro but am not in for a JIJO. will buy more if it dips. Ah! Okay,fire on then. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 2:44pm On Feb 01, 2016 |
chukyjones: no mind them o jare... 
the price adjustment had mostly taken place before the result came out, that's why i bought last Friday amidst over 52M on offer Don't celebrate too early. Market dipped today. Watch the direction of the market in the coming days. If the fall continues, FCMB will succumb to the pressure......huge offers will show. Just my opinion. Good luck. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 10:28am On Feb 01, 2016 |
EDUECO: For the now,I still believe in FCMB because they told investors that there is going to be a drop with respect to Q3 & Q4 2014 Financial Results! This denotes profound integrity and a sign that all is still well. On the other hand,Oando didn't do what FCMB did; and this is a great sign of lack of integrity! Won't you allow FCMB crash? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 5:18pm On Jan 31, 2016 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 8:39am On Jan 31, 2016 |
mercylicious: see as i dash some ppl money? this loss will take a very long while to clear. i bought at N2or 1.8 thinking the bear was over and hoping to drink beer.
i get messed up each time i disobey my trading rules.
I HOPE ZENITH helps me reduce this loss.
now, which banks syndicated the loan to oando? fcmb, fbn ? Freed my cash after the profit warning. Only God knows how He answers our prayers because I won't mind if that stock crashes wella o against the wishes of some. It is well. Zenith and Fidelity were involved but I guess not as significant as FCMB and FBN. There is an article that actually says otherwise. Will post it when I find it. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 10:54pm On Jan 30, 2016 |
FCMB!!! |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 10:46pm On Jan 30, 2016 |
leo1234: Not that I want to buy it. I just want to know the factors to consider when analysing stock. I was surprised to see the positive earnings per share. Waiting for your analysis.Thank you. The eps is negative. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 10:44pm On Jan 30, 2016 |
megainvest: Seplat takes over operatorship of OML 53 and OML 55
Lagos and London, 29 January 2016: Seplat Petroleum Development Company Plc ("Seplat" or the "Company" , a leading Nigerian indigenous oil and gas company listed on both the Nigeria Stock Exchange and London Stock Exchange, today announces that the Supreme Court of Nigeria has delivered its judgement in favour of Seplat and Chevron Nigeria Limited ("CNL" in a litigation brought against both parties by Brittania-U Nigeria Limited ("Brittania-U) that had to date prevented the full transfer to Seplat of a 40.00% working interest in OML 53 and effective 22.5% working interest in OML 55 (held through 56.25% ownership of the share capital of Belemaoil Producing Limited) that the Company had acquired from CNL in February 2015.
"We are naturally very pleased with today's ruling, not least because it means we are now free to deploy our proven operating expertise to realise the significant reserve, production and value potential these blocks hold. To give an idea of scale, we estimate these blocks to hold recoverable volumes of around 200 million barrels of oil equivalent net to Seplat, a material volume by any standard and one which has now been unlocked for us," said Austin Avuru, Seplat's Chief Executive Officer. "OML 53 fits neatly within our strategy of securing, commercialising and monetising natural gas in the Niger Delta to supply the rapidly growing domestic market and will further reinforce our position as a preeminent supplier of gas in Nigeria. OML 55 provides us with a number of attractive opportunities to boost oil and gas output, and is consistent with our strategy of prioritising assets that offer near-term production growth, cash-flow and reserve replacement potential in the onshore and shallow water offshore areas of Nigeria," he added.
http://phx.corporate-ir.net/phoenix.zhtml?c=252041&p=irol-newsArticle&ID=2133621
Congratulations to me!!!  Thank God this hurdle has been cleared now. Hopefully, the oil price recovery is sustained. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 5:24pm On Jan 29, 2016 |
Any word on the Supreme court ruling of the suit filed against Shell by Britannia U? Today is the D-day. What is the fate of Seplat a beg? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 10:46pm On Jan 25, 2016 |
Mfunkynation: this is not helpful now I didn't mean any harm. Just a note of caution. By the way, the monkeys do exist for real o. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 5:13pm On Jan 25, 2016 |
Mfunkynation: pls elephant is which stock.... am interested You don't yet know stock referred to as Elephant but you are already interested. Okay o. Please find out the stock called Monkey but make sure you don't ever buy it. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 12:46pm On Jan 25, 2016 |
currentprice: bother,,, your buy limit will stay at the red side (offer side) so the lowest buy bid is #1 You mixed it up. Lowest buy bid is N0.95.....highest is N0.97. Red side is offer. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 10:23am On Jan 25, 2016 |
IHelp: I see fcmb picking up this week. Well, we were given a profit warning. Lets see their result first. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 11:35am On Jan 22, 2016 |
Born2berich: The IPO theory might be dead on arrival to you, but ask yourself, when last did you see the likes of a fundamentally sound stock like zenith selling at N8.8? I have been in the NSE since 2006 and i cant remember when it touched that price even when the market crashed in 2008 it didnt fall to that price. The stocks you mentioned like seplat, transcorp etc were selling below their IPO price due to poor quarterly result...Zenith bank case is different. This is a coy that released fantastic Q1, Q2 and Q3 result 2015 and seeing it at such low price was a buy opportunity...So your comparison with the likes of transcorp and seplat is flawed.
Anyways, i am not offended by your post as you were clearly stating your mind, we are all here to make money.  Okay, I get your point now. You made it seem like a stock selling lower than its IPO price was enough reason to buy. Nevertheless, in a crash, such things don't matter. The market rebounded not because Zenith was below it's IPO price but for other reasons, hence the reversal seen across board. If the plunge had continued, nothing concern agbero with overload o. Zenith will continue its descent until bears lose steam or until other factors strong enough to counter the plunge. It is left for a value investor to look beyond the current market crash and buy in tranches. If you were offended by my post sef, the worst you would do is transfer the Zenith shares to me. Na that one go vex me pass. Try me. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 9:19am On Jan 22, 2016 |
UkwuAmu: So your new parameter now is to take a position because a stock is selling lower than its IPO price . That's a new one for me . We learn everyday . Do you know how many stocks are selling lower than their IPO prices? Time will tell if it was one time opportunity . The same GTB that closed lower than its highest price yesterday . I no get power to argue and I go take my sabbatical for this forum again . Hope is not a strategy . Please follow an investment plan that works for you. We are watching . Please if anybody is offended by my post , I apologize and please buy, buy and buy . It's not enough reason to leave the forum because some don't share same opinion as you do. If you were attacked/insulted,then it's a different thing but not seeing the point you are trying to make is no crime. Only time will prove who was right or wrong. Imagine visiting your website, reading your articles and vowing not to return because our views differ. Opposing views should provoke critical thinking. By the way, the IPO theory is dead on arrival for me too. Seplat is selling far lower than IPO price, so is Transcorp, Dangote Sugar.......the list is extensive really. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 8:50pm On Jan 21, 2016 |
bigjay01: I laugh in latin
Where is the guy that made a lot of noise about Evans medicals being the next best thing since sliced bread? If anyone bumps into the guy, please hail the guy on my behalf. He perfected the act of monkey hunting with different monikers all playing his game. I remember this quote " anyone that sells Evans at N0.90k is a f 0 0 l". Thank God a member cashed out all the same. Needless to say, Evans is on full offer at N0.50k. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 8:42pm On Jan 21, 2016 |
ibe9ja: Ogbeni pack well jare. Since yesterday u've been making too much noise about may&baker but we have not seen your bid reflected on the exchange. There is no need to state figures here or reiterate your passion for may&baker over and over again so that naive investors won't be misled by your post. There've been cases where monkey hunters come here to sound like this and at the end we never got to hear from them again and newbies were left devastated. No disrespect intended. It was for this reason I warned a "newbie" yesterday. He/she was close to being slaughtered. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 1:43pm On Jan 21, 2016 |
locodemy: pls there is no info.i am finding it difficult to catch the units i want thats why i posted it here.Do you have or know anyone with substantial units(1,000,000) ? Let your broker job first na. Your bid is yet to reflect. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 1:27pm On Jan 21, 2016 |
locodemy: I was instructed by a very reliable person in the stock market to seek the way of may and baker even if it is the only stock i have i souldnt be worried.i have tried my best by seeking for it as the offer is dry. Except the info is strong, I can't do M&B again o. The same way one is looking for who will sell is the same way one would be looking for who to buy when it's time to exit. Bros abi M&B don manufacture vaccine for Lassa?  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 8:36pm On Jan 20, 2016 |
Mfunkynation: locodemy ,is ucap or may n baker good to take up,? I get worried each time I read your post. You need more time to do some study and learning before testing the market. I don't want you to be swept away by the tide. Why not take time to study the market, learn the terminologies, trade techniques, stock picking before plunging into the market? Can you successfully do "due diligence" on a stock pick? I'm afraid not. So please don't be in a hurry to trade. Study study study, learn learn learn. Cheers. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 8:29pm On Jan 20, 2016 |
OBAGADAFFI: How Flour-mills is now selling higher than GTB is a mystery to me. A joke, right? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 3:35pm On Jan 20, 2016 |
willyede: Please can anybody in the house recommend a reputable Stock broker for me to make use of in Abuja and also i will like to know what stocks i can get for my 3 year Old Daughter. Please Guru's in the house help me out as i am trying to get the hang of things around here? I recommend MERISTEM Securities. If I wanted to buy stocks for a 3 year old daughter, I would buy her UACN (well diversified conglomerate), Seplat, GTB, Flourmills, Afriprud, Zenith, Stanbic, Nestle, UBA, Nascon and may be ETI. The investment objective is growth, sustainability, moderate risk and wealth preservation. No one knows the future but I would pick from these stocks. So many others to consider too. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 12:00am On Jan 20, 2016 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 12:50pm On Jan 19, 2016 |
Joysmart: that's very rude True that. I am so not a fan of the guy but I consider such brazen attack way out of order. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 7:51pm On Jan 17, 2016 |
zendi: I wonder why anybody who calls himself an investor would still be waiting to start sinking money in transcorp at present price levels. Is it for the fear, that electricity could suddenly go out of style just because your money has gone into its stock? Even if our petrodollar revenue should dry up completely, people will still be needing and using and paying for electricity. However, if you are an acute short termite, perhaps gambling with school fees, or madam's meeting money, having gotten all of your JIJO funds trapped in unlucky JIs, then this thought does not apply o. Transcorp can still go down another 20-30 percent o. You need to consider the value chain in the electricity business to understand the problem bedeviling that industry. Transcorp pays for the gas feed stock it uses to power its turbines in USD. There is an intermediary between Gencos and Discos for bills settlement. A lot of delays are encountered before Gencos receive payment for electricity generated. Gencos are owed billions of naira as at today. Hence, the need to resort to debt for opex and capex. Also note that machinery costs are dollar denominated so Gencos suffer the same problem manufacturing companies are currently groaning under. The Discos are suffering losses because of inefficient revenue collection from end users. They are also owed billions by govt agencies. The industry is highly regulated. Even though Transcorp hotels plc is listed seperated, its result is incorporated in the Transcorp plc result. Believe me, any luxury hotel in Naija that is not running at a loss should probably have its finance director fired now. The guy no sabi book be that. Lol. Luxury hotels import almost everything. The CBN is not the source of their forex following the import prohibition list. I wouldn't be surprised if a share reconstruction is in the offing too. The board might want to restructure capital to make the stock attractive to investors. Remember the board announced a merger of TUPL and UP plc all in a bid to create value. So restructuring is an agenda of the board BUT it might not involve a share reconstruction. Just saying it is a possibility. Teragro should be the bride in the group now but it's still at its infancy. The deal with Cocacola to supply concentrates for the 5-Alive pulpy orange is a huge positive. Going forward, Teragro contribution to the group's top line and bottom line should improve. Transcorp is still a good buy for the long term, as many other stocks are today. So I am just saying there are still hurdles to cross for transcorp because issue raised are still a source of concern. The business is good same way banking, oil n gas, services are. Na condition make crayfish bend. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 2:18pm On Jan 15, 2016 |
Looks like Aliko don credit Tiger o. Not a buy recommendation. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 11:47am On Jan 15, 2016 |
EDUECO: To the freshers or newbies,[b]always buy your shares based on EPS,[/b]I have learnt this the hard way! Careful......It's not a rule o. Unity and Skye have been the most attractive all year round based on EPS ALONE. Price performance is not solely determined by EPS alone. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 11:35am On Jan 15, 2016 |
Is it too early to say cheers to the bulls? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 11:03am On Jan 15, 2016 |
FBNH is fighting back |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 10:56am On Jan 15, 2016 |
gbolah4real: Why is Nigeria's best bank having this problem? Where is the shirt?  |