RoughCut:

The only good thing about the PP to list the additional 2.7B shares is that you are getting a big 'discount' to the current share price of  about ~N11 so hopefully if they release FY anytime from now_{or have they released their results?} and its looks good the share price will go up-north even from where it is now but by the time those who bought the PO start verifying their ' sabuke' you can expect a down-side.

If the additional oversubscription from the PP is listed before April/May when Q1 for '08 results are expected  you  get your 'pali' verified before then you can still gatecrash the party but after that i think it will be difficult to justify bonuses for the bloated amount of shares that will be listed then.

Like windywendy said that will be like turkeys voting for christmas

THIS IS THE BEST AND MOST DOWN-TO-EARTH ANALYSIS FOR JAPAUL & SILASTIME SERVICES LTD.  Make una go comeoooooo!

easimoni:

@ lawalidowu

AIICO
Law Union and Rock
Crusader (assuming no shares to be listed from numerous mergers)
Int Energy Ins
Standard Alliance

All depends on the offers to come; how succesful they are and what projections will be made. I've washed my hands of the Ins sector. Good luck.

MY bad, apologies. My co-presenters did not take it up. Not an oversight anyway, it was market distraction.

@easimoni easily passes as the THE MOST INSURED UNDERWRITING GURU OF ALL TIME award winner. Presented just this night!

lawalidowu:

@PUMPING

If i have made 30% on UNIC, is it wise to sell now? i no wan may my money disappear for my eye and at the same time, i don't want to miss an oppurtunity.

advice needed.

The adage has changed:  YOU CAN EAT YOUR CAKE AND HAVE IT

edwardaigb:

was at Oceanic registrar today, picked returns on dangote Flour. that offer no try at all. imagine was given less than 2,500 units out of 15,000 units paid for. they did put some interest on the returned money though but it's all rubbish.

Your own good.  If you hear the stories surrounding my FBN Returned Money of the last botched FBN PO, you will agree that I need to increase the number of doctors around me right now!  Almost everyone have gotten theirs, I don't know if I have offended the registrars, mine is still being processed by whom?  I don't know.  My other broker is as confused over the matter as the confusion in the allotment itself!  Looks like I need divine intervention on this matter.  What do you do when your broker tells you in a depressed voice "even me, I have not received my ownoooooo" .

speedy08:

RE AWARDS,
Your awards are spot on, but why you no give the ultimate FO2 award?

Abi na because na im be the grandpatron you no come consider am?

Me, i go nominate FO2 for company secretary, or chief legal officer of this forum.

You know that when lawyer don talk, the issue don settle be that!!!

No, no, no, you got it wrong I guess.  I only handed over to my co-presenters as I felt incompetent to be given the privilege of announcing the award for Fatherof2,000,000,0000m.  Anyway since you have woken the sleeping dog, I make bold to humbly announce that Fatherof2 won the award of THE INDISPUTABLE COMMANDER IN CHIEF OF THE UNARMED INVESTORS ON THE NSE 2007 and 2008  All cheers

pumping777:

Thanks bro. I dey try make I still put hand. I hope you are keeping very well and your stocks are moving "upward"  never to come down. 

Yes, to add my own, Pumping777, thanks very much for your generous contributions to this thread.  Everyone has benefitted from your insightful comments and down to earth analysis of stocks and capital market investment.  You are acknowledged as the 2007 MOST GENEROUS GURU.  If you continue in this pace you might end up winning the 2008 slot.

Wanajo passes as the MOST FATHERLY COUNSELLOR GURU of this thread.  As for Queen Mrs. WindyWendy, she is easily the MOST AUTHORITATIVE INFORMATION SOURCE, yes the lady who is soooooooooooooooooo generous with useful CORPORATE NEWS BEHIND THE NEWS.  You are all recognized.

Aktopgun is equally recognized as the BEST STOCK SURGEON there is on this thread, he has his own way of dissecting each stock he chooses to comment on.  ROUGHCUT may not be as rouch as the name sounds, even though constantly on the air, he finds time to disembark and tell us something newer than what we may already have known.  For that, ROUGHCUT will pass as the MOST MOBILE STOCK ANALYST OF ALL TIME.

Other awards to be given by my co-presenters.  Thank you.

Krrush:

Again,a good illustratioin in the way Trends are applied in trading was pointed out in predicting the Q4 earnings of GTB on previous pages on this thread.

If you recall,peeps were worried that GTB was looking like it wouldn't be able to meet its Full year PAT expectations based on its slow progress seen at Q3 result.

I think it was @WanajO who allayed fears by pointing out a predictable trend:GTB,from past 3 or 4 financial years(Wanajo has the retro charts),usually makes 50% of their full-year PAT at Q4 alone !

Interestingly though,it looks like this certainly would not be the case for GTB this Financial year.

I heard from a manager that they(GTB) lost several Billions due to the GDR thing,and it could have been more had it been they hadn't quickly sold when the Pound started depreciating to our Naira. . . . .

Sniper or Gunfighter,you've got to mix 'em. . . . nothin' full-proof in Stocks. . . . . .Use Technicals AND Fundamentals.

Behave like John J. Rambo                  .

What then is the advantage of going GDR instead of the regular offer if that would amount to a loss as in the case of GTB? I have been wondering too if Diamond Bank is not equally affected for it is taking them ages to release their 3rd quarter result or am I missing something. One thing I have observed is that when companies have favourable result they are too quick to release when result however is poor investors are kept yawning endlessly.

Zenith and others must have learnt from the hard experience of GTB hence they settled for the regular offers. At the end of the day, HOME IS HOME. GDR nonsense!!!!!!!

D328babe:

My People,
I am seeking advice.
I use MBC securities and up until last year, I've never had any issues, despite having been through 4 account officers ( who leave fro one reason or another) and now the fourth one is becoming a real trial. I bought several POs & IPOs through them and everyone else is getting feedback on returned monies and allotment. I have asked my current officer if there is any feedback and he gives me the impression it isnt his work, one and two the registrar will get back to the individuals directly, I truly don't know what to believe.  PLEASE, Is there anyone else who uses them and has a reasonable contact?. my email is d328babe@yahoo.com. thank you.

I use MBC Securities and can say confidently that of all the FOUR brokers I have used, they score the highest.  Right now I am offloading my portfolio with other brokers on to MBC.  I am very sorry you have this problem.  Call to ask to speak with the MD, they have a new one now, and you can be sure your issue will be adequately addressed.  I have used City-code, Profund securities, Mainland trust, none has come any close to MBC in their service delivery - if they actually deliver any!  Call the MD and please try to be friendly, for service delivery in Nigeria is still passing through a phase - they may not be that courteous as you would expect, but try you will get your issue fixed.  With the expansion of the market, brokers generally are all under pressure!  MBC is it, they deliver!

Pennywise:

@pumice
.

Good reasoning. But sentiment rules NSE. Fundamentally.

The above statement remains true in BULL season, but in BEAR season as we all witnessed during the second half of 2007, FUNDAMENTALS, not sentiments, rules, hence it is always good to play safe.

which stock can remain afloat or even perform during bear time - that is often one of my questions when selecting stocks.

QUESTION TO ALL


How many stocks should be held in the portfolio of:

1) A Short Termer (one month to one year)?
2) A Medium Termer (One year to 4 years)
3) A Long Termer (Five years till hand over to children)?

How many stocks can be sure to give maximum returns.  Or rather, in what way can a portfolio holder maximise or optimize his portfolio in the various horizons given above?  

Can we all make our comments please.  I am sure everyone will benefit.

pumping777:

Na small he remain make you list the entire NSE ke The net is too wide. You should dig deeper and pick a few that you think will perform best.

Anyway, I have to disagree with you that ALL the stocks above are cheap based on forward projections from what we know now.

Examples. Japaul, CILeasing, Nascon.

I am not saying that these stocks will not do well but they are definitely not cheap based on fundamentals. Japaul is way way expensive.

@Pumping777,

You may be right, but I look at growth stocks like Japaul, C & I Leasing and NASCON differently.  Since they are growth stock, i enter them when i have the means.  I never treat growth stocks as expensive so long as their potentials remain unchanged and are even improving.  For sure, in the next few years these three stocks alone can grow to make anyone bouyant. At current price for me they are ok, as I am a medium to long termer.  They still remain for me cheap

pumping777:

As someone don post photo quiz. make I post my own brain teaser jo.

One company dey for NSE with capitalization less than N1B.

I come hear say the capitalization go move reach around N4B by year end. About N1B will come from rights issue and the balance should come from capital appreciation.

So if I do the numbers, that could mean 100% appreciation.

I beg una, which stock fit be this?

If you get am, come believe, make u grab a copy at a shop near you. No CICO for this one o.

TRANSNATIONWIDE EXPRESS

shigidi:

@ aktopgun, hope tobe boy is gettibg better. GOD is always your strength my man
@ easimoni, thanks will appreciate that mail.
just looked at figures for trans express, fprward pe of 14. not bad at all.

both guru and guguru are becoming very cautious now.  They announce only when they had consummated their transactions.  It is still ok, important thing is that please announce to the house after you have bought.  Herd mentality can even push your price so that within a week or so, you have pushed the used stocks to unwary buyers who will have to wait to the last sheet of their calender before recording 4% gain before commission To all unwary newbies here, entry price for your buys is very, very important. If you enter well, you go come out well, but if you enter high, you need a strong tide to push you close to your destination. This is my weekend counsel. GOOD NIGHT, and may the BULL wake up early MONDAY MORNING. AMEN

pumice:

Sorry, I know I'm the new guy here but I just wanted to add a distraction.

Guess who is in the picture.

As nobody don get the answer of who de this photo, I want to try. But since I have been reading this thread, I am really stunned that it was in this 419 page that photo appeared.

I have taken a keen look at the photo, and the person dem carry for hand, look very much like former Wema bank GM wen en de small . una see say in parents no even de look en direction I know many will believe what I am saying. If you want me to change my mind, all wema boys on this thread, please sell/borrow me your wema for 50k per unit. Once the technical suspension is lifted, I will give you back

wanaj0:

NGC has made a You Turn

UNIC met some turbulence today as expected

BOC still increasing the altitude of flight

First Bank shaking of the lethargy. Only major mover is that sector.

UBA's engine refuse to start

UNTL is moving

Chellarams stagnant

IS IT TOO LATE?  TO ENTER THESE ONES for 9month horizon

A G Leventis
C & I Leasing
Japaul (@ N9)
Mutual Benefit
Lasaco
Nigerian German Chemicals
Beta Glass
Dangsugar
International Energy Ins.
Vono (Where I de when vono took off??) Vitafoam no let me see road
FCMB
UTC
May & Baker
Nigerian Breweries
Cadbury (una de see cadbury, nobody de talk about am here, )
Dunlop
Berger Paints

The list is endless

Gurus please your brief comments, please, as I must buy something on MONDAY .  My FGN Warrant really warrants this move  Wanajo, I see say you de online

@Frankiriri,  My heart goes out to you.  Be strengthened, there is hope for the dead - RESURRECTION.  We are sorry, but please be comforted.

Some said earlier that the forward PE for C & I Leasing is 40.  Please may I know how it was derived?  I seem to have something smaller, and should we expect the price to step down again below N9 ?  I fear if it will.  Wish Roughcut is reading this, this seems to be your baby

Even though you no mention my name, I will like to tell you.  But before I tell you I wan know whether you are hypertensive or if you live near family doctor  Anyway within the next few weeks:

Mutual Benefit
Law Union
Staco
Standard Alliance
Crusader

go waka stop with legs suspended

The interesting news is that by the time they are released from detention, their year end report would be ready and their prices go near Katsina border with Niger   The harmattan go don finish by that time

Ben0524:

To Pumpin777, Easimoni, wendywendy,aktopgun,Dolyp1cute et' al

Please eyin Baba them please update your children o, as to when any of the insurance coys will be going on technical suspension o.
Cos INTERNATIONL ENERGY don hit me below d belt, and i no want another of this INSURANCE COYS, do it to me again.

Na INSURANCE una pikin dey PUMP him little salary put o, and his trying to exit by late February or March.
Make una direct the little sheep o, make him no enter LIONS den.

To All Gurus in da Room.

N.B:- Make Una Respond o or else i go shout o ehen.

Even though you no mention my name, I will like to tell you.  But before I tell you I wan know whether you hypertensive or if you live family doctor  Any next few weeks:

Mutual Benefit
Law Union
Staco
Standard Alliance
Crusader

then waka stop with legs suspended

The interesting news is that by the time they are released from detention, their year end report would be ready and their prices go near Katsina border with Niger The harmattan go don finish by that time!

easimoni:

@ All, I checked nsepro.com , Zenith Securities and my FSDH daily report. All have diff sets of closing prices. If u look at UBA, u'll see that the # of deals (and volumes) increases as you cycle through nsepro, FSDH and ZSL in that order. It seems the previous 2 rushed reports to clients and did not capture the final few deals that ZSL did. Which brings me to my question; isn't there a daily official list from which all floor members extract the final numbers that we see? Is there no way for the NSE to ensure uniformity of numbers?

May be the Dealers have not been given UNIFORM  Just kidding.  Yesterday when I took a look at the closing prices released by my various sources, TWR, NS, Profundsec, etc, it was clear to me that IT IS ONLY GOD THAT NOW KNOW THE CLOSING PRICES at NSE.  This is hazardous to any meaningful forecast

Guk:

@blest and koksieboy, our Cisco Gurus,

I salute o!!

I beg, how can i download a Video file from You Tube?

NSE don enter You Tube? This site is becoming very captivating! I no go go anoda skool again, na here I go do my PHD

bigjay01:

no hard feelings mate. I only wanted an answer to my dilenma.

I have been on Wema since Dec '06. I have about about 100KG (@ 3.3) of Wema weight on my neck. I no de panic. As I see it, the shares will be on sale, it s my time to stock up provided they don't do a savanah on me.

Thanks my bigja01, YOU SURE HAVE A GREAT MIND. Nothing sweep pass FORGIVENESS!!!!

A friend who both the NASCON "offer" at N22 and Dangote Sugar at N53 has vowed not to want to hear any DANG not to mention OTE

Anyways, so far in world record, NSE has the reputation of making a sane decision insane. When Evans Medical dropped due to its woeful result, some entered and have in less than 6 months recorded some percentage gains! Those who entered Dangote Sugar which has a universal recommendation are still licking their wounds if not for the 40k, 40k they receive quarterly for iodine or plaster As for Guinness, with all its majestic PE and other multipliers multiples, the dance has been in the same circle since my wife took in and delivered In all of this Afroil whom I do not even know if it has management not to talk of quarterly reports has started turning out millionaires again.

So which is best? Technical Analysts views, Fundamental Analysts views or Commonsensers?

A few who have made millions from Capoil do not even know where their head office is located, if they have one. Among the 7 things I love is NSE and its behaviour!!!!! I know many have even more interesting experiences

bigjay01:

Honestly I can't find anything so stupid or dippy or daft with my question. Anyway 'Mr Risky' has told me everything I need to know about him

bigjay01, Which one you de sef. FORGIVE NOW. I say TENSION, abi you no hear me If you had left JAPAUL for WEMA last week, how would you be feeling now??

From all this bad news, it is like there is SPRING in WEMA.  Nawooooooooooooo  Even with juicy PE ratio no one is looking at that direction right now. NSEEEEEEEEEEEEEEEEEEEEEEEEEEEEEE.  It gives me more reason to settle for known devils!!!!  They may not be high flying in capital appreciation but they can be relied upon to get there SAFELY!

I think our system is still part of the problem.  I have been following the news to read where our regulators PUNISHED WEMA for unduly delaying their results over a long period of time until they were released a few months ago, but no where.  They went scotch free and that might have kind of restored investors confidence in the WEMA jamboree and now, Vacation, Holiday, Leave.  Only in this WEMA saga I know that it is possible for only one staff to take Compulsory Leave, Vacation, Casual Leave, Compulsory Casual Leave, Leave of Absence, all at the same time.  May we be wise not to add more RISKS to our inherent risk of being alive!

Have you invested in a company whose Management forgot to release their quarterly results, SHINE YOUR EYES!!! Very Risky, riskier than even Mr. Risky

iconbull:

@ALL
when i raised this WEMA alarm next week[/color][color=#990000][/color][color=#990000][/color][color=#990000][/color][color=#990000][/color][color=#990000], some people were quoting statements from corporate HQ's. It may be very difficult to sell now, demand has waned dramatically on the floor.

E be like say TENSION day today ooooo!!!!!!  Again I dont understand the above statement.  That when I raised this WEMA alarm next week,

aktopgun:

risky, risky, small small bro. He just asked an honest question on a situation which is obviously quite common given what these P.Os in Naija cause our fellow country men to have to resort to and its not illegal to but in the names of your children and family, with their permission if they are old enough.

as i say, be your brother's keeper, thats what makes nairaland so beneficial

happy investing

I APOLOGISE!!!!

Maybe I misread the question. The question actually sounded like someone was asking "I have killed someone, will I be arrested; and if arrested will I be imprisoned, and in what prison?" Thanks goodness that we have "gurus" who are always willing to volunteer an answer!

APOLOGIES

bigjay01:

@

DANGFLOUR

I applied for 4 different family members wife, son, daughter (but same surname) and will receive returned money. I presume that the cheque will be sent in these names, does anyone know how I can claim these money. Does it makes it more difficult as I no dey ground.

Hi bigjay01,  
That was an interesting question.  Thought you would have sought the answer before taking the steps in the first place.  This is an open forum.  It is open not because we cannot make our questions intelligent enough.  Freetown doesn't mean "everything" is free in that town! You may wish to read back some clusters of metres to get the answer already given on this thread to the your puzzle!  May we keep the threads short by thinking through our contributions.  Just my 1kobo candid advice!  Sometimes these, unlike in recent past, I read through multiple threads without getting any "meat" to chew!

wanaj0:

That's INVESTING 101!!!! It is also a sign that you know what you are doing. Congratulations

Oga Wanajo,
Na true you talk, but it can be a very hard experience.  I bought 100,000 of Japaul Oil at N6.02 some time in August to offload during technical lift, I watch am oooooo then I no fit bear I sold all at N8.02.  The cheque self my broker never give me but the Japaul Oil today na N11.17  Does anyone have a white hanky.  Madam Peace help naaaa

DIAMOND BANK HALF YEAR (6 MONTHS) RESULT

31/10/07 Diamond Bank Plc 30th April 2007 Half Year 25.319 billion 18.304 billion 5.813 billion 3.268 billion

Me, I am waiting for the 9months result.

]call it profitably senseless if you like, or senselessly profitable [/sub]
[quote][/quote]

Wendy, thanks I appreciate both expressions

I would prefer you first ask yourself if you can stand Japaul if the bonus "news" turns out to be just what it is "rumour". Can you stand when others bought at N3.95, and you are buying at N9 plus.  You may have to wait for the next one or more years if the the rumour turns out to be RUMOUR! That is the risk. At its current price, it will take half a century to recoup one's investment there!  I wish Pumping or Wendy will pump more action into this my theory or blow the Wind of risk away from it

DAY DREAMING?

If I were a value investor, I wouldn't mind the following stocks to hold for the next 1year or more!

First Bank, 100,000
Oceanic Bank, 100,000
Bank PHB, 100,000
Zenith Bank, 100,000
Diamond Bank, 100,000
Intercontinental Bank, 100,000
Flourmill, 20,000
Dangote Sugar, 50,000
Unilever, 60,000
Nigerian German Chemicals, 40,000
C & I Leasing, 200,000
Japaul Oil, 100,000
Unic, 300,000
Wapic, 200,000
A G Leventis, 100,000
Beta Glass, 40,000
R T Briscoe, 40,000
Nigerian Breweries, 50,000

Then I could retire at 45 and relax to face something much more important than Oyibo salary, salary work

I am not impressed with the growth rate of Union bank. but they've done me well even better than First bank. But going forward, First Bank seems to hold more value. The old men managing Union bank seems to be bereft of ideas.

[quote][/quote]

Investing in Union Bank shares is like MUTUAL FUND. It doesn't grow high but its SURE