wanaj0:

Rule number one, don't panic.

Now for those holding stocks that they know nothing about, beware!!!!

For stocks still gaining, it is because they are not liquid hence not reacting to the laws of demand and supply. It is basically the major holders pumping the share price up!!

Make una cool temper. Na part of life. Prices must always come down!!!!

For those that are using school fees to do CICO, wetin una go do now. If you sell, money no go reach to pay school fees. If you no sell, no money to pay so wetin man pickin go do?

I will borrow more, if the BULL comes again I will pay back with interest

Bear, Fear, Rear, Tear, Dear, Gear, Near  (All of them have EAR).  So draw your ears, in other words be CAUTIOUS.  Fear the Bear as it is Near Tearing its way from the Rear

pumping777:

Anything you can make out of Unity Bank while it is gyrating, take. I can't figure out how this bank can make any serious move until they come out with their results. The expectation is that this will have to come out before their planned PO.

The only way the price of Unity Bank will shoot up is if they release a VERY BAD result, if their result happens to be IMPRESSIVE, their share price will nosedive to even N7 That has been in the trend in the banking sector. Investors there are afraid of GOOD or IMPRESSIVE result

cj2008:

1)BETA GLASS-A STOCK WITH 454 MILLION UNITS,HAD A THIRD QUARTER PAT UP BY 100%,
JUST FINISHED A FACTORY IN AGBARA OGUN STATE,HAS A CONTRACT WITH NBL,SHARES ITS HEADQUATERS WITH COCA COLA.

2)LASACO-HAD A THIRD QUARTER PAT OF 854 MILLION NAIRA,THE MOST PROFITABLE INSURANCE COY IN NIGERIA.HAS ABOUT 7 BILL UNITS,WHICH MIGHT SOUND LIKE MUCH,BUT WITH THE WAVE OF PUB OFFERS IN D INSURANCE SECTOR ,WILL MK DEM AT PAR WIT OTHER INSUR COYS.

3)NASCON-BACK TO PROFITABILITY,WILL PAY A DIV OF 60KOBO,CAME BK WIT A 514 MILL HALF YEAR,A SHARE STRUCTURE THAT ITS MAJORITY IS HELD BY ONE INDIVI,WHO DOESNT SELL.

4)NIGERIAN GERMAN CHEMICALS-HAD A SLIGHT 3RD QUARTER 25% PAT,D ISSUED SHARE OF D COY STANDS AT A MERE 153.5 MILLION UNITS.HAS A 1.16 EPS,WITH A P.E RATIO OF 24.BONUS ANTICIPATION IS NO LONGER A RUMOR BT A FACT.HALF OF ITS SHARES ARE HELD BY You.B.A PENSION AND A SECURITY FIRM.

5)UNION HOMES-A DOMINANT PLAYER IN ITS SECTOR WITH RISING PAT,UNDER A BIG BROTHER You.B.N.COST REDUCTION SEEMS TO BE INCREASING PAT,AND WITH MAJOR PROJECTS.(MORE TECHNICAL THAN FUNDAMENTAL)

Undoubtedly we seem to share the same views about those companies.  But how do you know that NGC will DEFINITELY give bonus this year? How is it a fact?  I also hear the same thing about Beta Glass too.  NASCON for me is a good turn around company, coming out of a huge loss to click N516m in six months, shows some great potentials there coupled with a promise to pay 60k with a share outstanding of only 2.2bn.  And they may exceed this projection.  Union Homes is the only one I seem skeptical about.  Yes they are profitable now, but their shares outstanding is to me huge 6.250bn, and if they do give bonus again in imitation of their senior brother, then the dividend will be less than 5k this time.  But again, it is a solid co and may enjoy good market sentiments.  Their staff that visits my office regularly spoke highly about their business strategies.  Nothing new though, for virtually all coys now, even including transcorp, is getting serious now in business.

While not doubting, pls reconfirm the certainty of NGC giving a bonus, though actually they are overdue for this.  Methinks they want to reward investors for their not too impressive performances lately.

aktopgun:

AGLeventis rose a full 5% today o. GO figure 

guess i was wrong.

AKT, this BEAR strongooo. BEAR wey in quench candle and broke the stick No problem na warning sign. But all of you keep saying it is a BUY time, what of the person that has tied his MONEY

Temmie10:

@easi, pumping, roughcut, risky, aktopgun et al
can someone help me with the shares outstannding for union homes? thx

From the records I have the SO of Union Homes is 6,250,000,000 that is 6.250bn

WASKY-WAJA:

Wanaj0 thanks .

bought some Dunlop N7 am thinking of buying more to average down you think it is a good move?

Union Homes looks attractive also what do you think?

E be like say na you buy my dunlop last week I parachuted when I saw one animal that looks like BEAR rushing down towards it. Anyway, you can buy more to even out, its a turn around stock. My caution has been that any stock that I have not seen its recent result stays in my caution portfolio until the weather clear. I vamoosed from it last week at N7.16 and this even happened with my "agegutta" broker

cj2008:

Stocks that are prone to 100% return  before 3rd quarter of the year.

1)BETA GLASS

2)LASACO

3)NASCON

4)NIGERIAN GERMAN CHEMICALS

5)UNION HOMES

You seem to be speaking my mind although my fair expectations are 80%. But can you through on each of them to buttress your speculation, in case we might share the same sentiments. In this way too, all the hidden students here can do some jottings in their mind's jotters

aktopgun:

@risky

it could drop to N15 or even less u know. because the last main support price was around N14 as u can see on the pictorial.

AKT, you may be right, you know. But is liquidity the factor of the current bearish trend? Was thinking the passing of the budget would get mad at the NSE. Who can time the market

One reason why bank stock prices are treading cautiously.

aktopgun:

@ risky

May & Baker

i can't show the pictorials here because i'm at work but if u check it on Nigeriansecurities u will see three red candles for the last 3 market days, each one opening at the closing price of the previous day and closing lower than the previous day's close in a stairway kind of pattern - this is called the identical three crows pattern, a very bearish pattern indicating some kind of sell of in the short term. It will drop some more and u can pick up more if u like because unless there's some news about may and baker we don't know yet, it is still a good company. don't have my spreadsheet so can't quote the fundamentals to u.
All the other indicators are also trending downwards.

i would wait to see some positivity before buying if u havent bought already because this one may have a little way to go yet.

Do i need to empty the caveat for u risky? 

Thanks a lot AKT. That is why you are special. I don't see it dropping to as low as N15; I know there are many eyes on it. M&B should do fine in the medium to long term. I thought they will be releasing their result sometime this month. I will have to check. Thanks once again.

aktopgun:

HEADS UP  FELLAS.

AGLeventis

AKT, Thank God say no be NEPA you de use  PLEASE HELP shine Candle on MAY & BAKER (M&B) and let me see how the road be.  PLEASE.  I recognize your caveat temptresses.

AKT, WHAT SAYEST THOU ON AGLeventis?  The thing balanced at N18 today looking here and there.  So what is the next move??    With this stock nothing can offend me on this forum.

WE SHOULD ALL LEARN TO IGNORE IRRELEVANT COMMENTS.  It is the most effective strategy.

debenzd:

@Blueband

We learn everyday!

Except TODAY

Seriously, has anyone cast a spell on DANGOTE SUGAR?? Let them release their result quick naa. The entire analysts in the world have recommended it, and yet it refused to be recommended.

aktopgun:

their bread is too sweet for me just now but Windy likes it so i would take another look at it just for that. i think the P.O story is a definite isnt it? its just a case of when i guess.

Aktopgun out.

AKTOPGUN,
Sincerely, you are easily one of the most selfsacrificing persons I have ever met. Hope you pass on this GREAT QUALITY to your offsprings.  Wishing your son a sound health along with your entire family.  THANKS for all your kindness to me and indeed to everyone who have benefited from your benevolence.  I just felt moved to write you this short piece though we really haven't met face to face.  GREETINGS.

crazyT:

At last, just gone for 2 days and I have to read so many pages in other to meet up, the annoying thing is that more than two third of the post are irrelevant i.e. peeps bad mouthing  each other on a money making thread. I bow for una o!!!

@ Blueband
Homeboy no commot o, abi na who a go come dey disclose all my ignorant loots to?

@Aktopgun

I wan see wetin your candle talk for IEI o because the thing don tire me, I get about 930,000KG for the thing bought at 1.93 before the reconstruction (that is 5.79) the thing just dey dance Michael Jackson moonwalk  

Make man pickin just cut im losses and waka abi wetin you think?

Got into Unity without waiting for your whistle , I dey hear am hot now o but I go hang in sha!

Only few things are as DISSAPPOINTING as unsuccessful CICO, RIRO, DIDO, JIJO My own IEI has turned to Local Energy Insurance. Very dissappointing.

grabdaloot:

mshoo,

@ Risky
I dey feel you for this AGLEVENT loot  (sigh). Oversmart don wound this monkey bad. me I sell for 8.5 dey feel like sharpiro see na e don double and fit quadruple because triple dey assured.

My brother its not only you that has been caught in the OVERSMART trap.  I was soooooooooo oversmart over my Japaul that up till now, I am feeling guilty having to chase it at N12.  I piled up Japaul during the TS to offload post TS, but ANALYSIS PARALYSIS, AND OVERSMARTLYSIS wounded me beyond recognition.  You remember at a point it hovered around N8. and N8.05, for fear that it would fall, I sold all my Japaul, and just as if the market was watching me, the following market sessions, the thing began to waka, like play, play, play, at a point I thought it was typographical errors each time I saw the price, until the people that bought from me were evening counting more than 80% profit, and yet me that held it for months ran away with only 14% or thereabout.  It is not a lesson I will forget in a hurry!  It was the same day I sold my CILeasing in my portfolio with those stockbrokers that are still using manual typewriters in this computer age, that the price started moving up.  Those who bought from have made more than 75% from me within just a few weeks.  I wish I have forgotten these experiences.

So e be like say, na this thing make chineke God come make me enter Leventis.  Anyhow the slightest candlelight now I don bail fully.   Their Dividend no de pass 9k abi na 10, 10k

aktopgun:

hey fellas.

thought i'd raise this again. @ RISKY i hope u made it out of It today

Yesooooo my man AKT I bailed out at N15.40, just some sha, and realised I made 202% net profit just in three months.  I want to thank you so very much for the candle light.  The only concern I have now is:

WHY ARE ABUSES ON STRONG OFFER AND FOCUS ON STRONG BID? You fit shine your Candle on this one?   This NSE sef  

Anyway with my AG Leventis upcoming loot, I WILL NEVER BE ANGRY WITH ANYONE  No matter the disrespect

AKT, I am placing a SELL order for my CILeasing against tomorrow at N16 minimum. My only concern, I don't know how far it can drop. I Have made about 100% profit, though, its just that the price has climbed damned too beyond what I had projected. I never wanted to sell this stock, but the spreadsheet profit of over N1m in three months is too tempting to ignore. Other than its prospects, I am not looking foward to any miraculous reward for investors. THEY BAFFLING THING THOUGH IS WHY DOES THE PRICE KEEP RISING. Based on what I know, I know it is overvalued at the current price.

I feel sad though that I have to sell this stock

DO YOU AND @PUMPING777 have anything to say, don't know if you have found yourselves in this dilemma before. Thanks for your inputs

NBC may hit N100 mark if they do a bonus along with a mouthwatering FYE result and dividend.  Just wish thinking, but it may happen.  I hear from grapevine that they are planning to reward their investors for their patience.  More will be told as developments unfold as we near the the time of the release of their year end result.

Other other hand, looks Guinness is up to be upstaged in that line, no thanks too to the recently announced impressive result of NBL.

invisible!:

Rumor has a very big effect on stocks in the NSE. Supposing I open a rumor mongering outfit and keep blowing in some market rumors into investment decisions? This will be a good idea. I better set up the rumor company shap shap, will do my PP next month.

Meanwhile did anyone hear the latest rumor? GTB is giving 1 for 1.

Oasis forgot to announce it, they too are giving 1 for 1 in addition to the 0000002kobo dividend Rumour will never end

VIPICO:

Ok Windy and Pumping777 thanx.
I'll bail out. Greed don do me something before.I'm still reeling from the pains after 4 months

Tell us the story now, so that we may learn

blueband:

I don't think I will be here by the end of next year.I dey go reposition for NAija too.But Hotels are expensive if you ask me.Stayed in Sheraton Lagos last November and paid 30k naira for one night.I curse my friend wey carry me go there but by morning I was gone.There are many guest houses that are nice,safe and cheap(10k/night).Ask around.When next in Lagos stay around Opebi/Allen ,loads of cheap nice safe hotels.

Don't go to Naija alone, carry your loot alongoooooo. Home is home, me too, once I land I am blocking NSE live!!!!! NO VACANCY

ACL:

oga pumping,

see me see my broker after the Leventis train don reach maiduguri my broker went to buy at 14:46. he be like say i go swear for this my broker.and i don cancel the order when it was 10;00 wetin make i do with d leventis.
this yeye broker once she buy stock for me na so so the stock go dey loose. maybe i need to do deliverance prayer for my broker. she just they make me loose money.
ABC & Dunlop she never get na when the thing reach 10:00 she go come buy for me. she bought C&I 13:24, Niwicable 13:70
i tire for my broker.
scoa she no get,

Do something naoooo before hin break you to pieces. Na woman I just de ask in case

Its like the name of the company has changedoooooo. It is now TRANSCURSE. Ogajuoooooooo

mecatchcha:

@Mr. Risky,

Just bought them all few weeks back. Had the intention of doing CICO/20% profit, then bail out. They are all at a loss now.

One stock that pays the BEST DIVIDEND in capital market is PATIENCE. Just wait, those stocks are good, just be patient, that's all. If I were you I will be buy more of Diamond Bank and UBA at current price.

mecatchcha:

@RoughCut,

Thanks for the advice. On the Japual, which is my main headache. I bought 50kg of it and the profit on it is only 40K. Should I still offload it? If they are to declare the bonus, when will it be. This will able me to workout the time they will get the PO listed and know really what to do.

Thanks.

Even if Japaul give you bonus, your account will not be credited until around October or so! The only advantage is that it will again push up the price, that's all.

mecatchcha:

@Roughcut and @All

Here are all my stocks and they are all going DOWNISH.

Diamond Bank
UBA
New Insurance
Equity Assurance
Japaul.

Thanks. Will so much appreciate any advice

At what price did you buy them and what time frame were you anticipating to sell them?

endure:

Uncle AK,

D babe say she never buy shares before. I don't think she would even

unstan what the prospectus of an IPO is talking about.

I think she just needs your candid advice.

Is it AKT Candle advice or Candid advice??

Highlander:

What would your long term be?

I don't love any stock, I only like them as long as they perform. So I don't do LONG TERM in the true sense of the word, I befriend any stock so long as it performs, and once the fundamentals change, I parachute. That is me, though.

beginner:

Please reply to my question re partnership investment pp and daar communications. I am not anti friendship o.

I am floating a PP for my senior daughter as she will be proceeding to UK for her degree programme. If oversubscribed, you will get your return money by 2010, just 60k/share.  This sounds funny, you can't believe it, there will still be takers!  Anything goes in Nigeria market, the NSE inclusive, hence you will find a myriad of generators and fake anything all in the market with teeming buyers queueing for their takes!!!!   It is sadly exciting sha.  Now who will buy Afprint for N11?  A company that has no accountant  or if there is why no corporate result since 2004 or is it 1994??