MyPeace:

@ kpineo

oceanic is 22,222,793,603

Ije ngala:

MrRisky, nice list. I were u, i would add Julius Berger to that list and remove Nig. German Chem which i think is quite high already!

Shibrino:

@wanaj0 and FO2

Please advice on the good shares I can buy now (secondary or IPO, any one) I have some cash.  Me sef won be like una, make I de talk wit authority like una. who no like better thing.  Abeg make una help me oooo.

wanaj0:

@ all,


if you don't get HEART don't do short term trading. You will get HYPERTENSION. Most of you following Fatherof2's strategy don't know the kind of person he is. When FCMB was dropping after the lifting of TS and people were shaking, he was resolute. That means that he is willing to wait it through. Secondly he is not under 'pressure' to sell. Thirdly, he is well diversified with deep pockets. Fatherof2 is recommending First Bank you think he is planning to clean out in two weeks? He went into WAPCo you think he is talking about 2 weeks? If you don't tailor your strategy to your personality, you will soon be on the hospital bed. Fatherof2, please teach your students about risk in relation  to age, size of porfolio, investment objective etc or else you go carry many dead body!!!!!!

RoughCut:

Somebody who applied to buy 10k units will get just a bit more than someone who applied to buy 2K units defies all logic(but in the spirit  fairness and equity those who did the allotment don't have a choice!)

There's only one conclusion;when the shares are eventually listed they will so be illiquid that the price will go northwards with the speed of light unless the man himself will do another one-day Dangote spectacular ala NASCON! remember he still owns 75% of Dangote Flour Mills

He knows exactly what he's doing but then i suppose he didnt make his billions by playing the conventional game!

no_shaking:

Access Bank H2 Result out!

ACCESS BANK PLC

HALF-YEAR RESULTS ENDED SEPTEMBER 30, 2007.
                                        2007     2006    %CHANGE
GROSS EARNINGS          N23.4b   N11.3b   106.46
PROFIT BEFORE TAX       N7.0b    N3.1b    126.51
TAXATION                     (N2.2b) (N989.3m)
PROFIT AFTER TAX        N4.8b    N2.1b    126.51

Fair result, but well below expectation. Was looking forward to H2 PAT of atleast N7b 

harrisoft:

@ all need your comments please

When I bought crusader in Nov last yr I had 9-12months in mind, but it gained 30% within a month I couldn’t resist but too my profit (sold every thing). Bought Oceanic within the month another 26% and I was out, put the money in Diamond planning a 12-18months exit but just exited with 26% again.

My problem is am I greedy or is this normal?

Princesege:

@Mr.Risky
Whos is your stock broker?
I use cashcraft. They have been ok until  last week after when all my orders have not been executed.
I will still find out why?

Princesege:

@FatherOF2
Thanks for your opinion.
I have placed a  buy order for UBA since last wednesday but no success. Is there anybody on this forum who wants to sell? Please let me know.


Are you sure your broker is reliable? Since I have been using my broker, only once he has failed to execute my order SAME DAY. Even when some thought I couldn't find AG LEVENTIS to buy, he found for me. UBA is not ON BID why has he not bought for you? Ask him and let us know, please.

aktopgun:

Next ratio

P.E ratio- the tell all for a value investor. Calculated by dividing the price of a stock by the earnings per share.  the lower it is the better. reason being that it tells you how much u are paying for every naira of a companies earnings. It can be trailing PE where the eps for the last fiscal yr or quarter is calculated (ie past tense) or it can be forward PE calculated by dividing the share price by the projected eps. projections of earnings are done by companies and analysts and unless they are bigboylarry, can be wrong.
Another way of assessing PE ratio is to look at it as the time it would take u to recoop your investment. so if company A has a PE ratio of 10, technically speaking, it would take u 10yrs to recoop your investment. u see why the smaller the PE is the better?

companies with high PE and high share price- investors may be willing to pay for the future of a company with a high PE ratio if they feel it has potential. example, in the dot com era of the nyse, u had companies with no proven track record of earnings but who were thoughtto be the next big thing with the sky being their limit and investors threw cash at the stocks causing their share prices to rise but with the denominator ie eps being low, the PE ratios for these companies were astonomically high and as they were unable to live up to the earning expectations of the market u know the rest of the story.

so for pe ratio, the lower the better. buying companies with pe ratios that are high is riskier than buying companies with low pe ratios.
Always remember to compare only companies in the same sector when comparing and evaluating stocks.

A small note on dividend yield i ommitted in my earlier post is that if the dividend as i said remains relatively stable at for example N1 per share and the price increases, as i explained the dividend yield drops and that may help to identify stocks that are or becoming overvalued at that price

yodiyokun:

What does reporting season have to do with anything?

My point is after you extract all your profit - what will you buy? thats my point. I don't want to sell the remaining stock I have and then sit on 100% cash ke?

I doubt it as well that the insurance will make it past next week - Niger insurance already started losing above 4% yesterday and also lost today - so the loosing has already start.

pumping777:

So far, Ikeja Hotels does not maintain a premium PE like some other stocks. This may not happen until a consistent high growth rate is established.

With the information we know right now, I think the stock does not have so much more room short term to rise. Long term, the full year results may make things happen.

egoldman:

i see , you got some link for the oceanic results ?

egoldman:

i see , you got some link for the oceanic results ?

ckenneths:

@Mr. Risky, I will vote for the insurance sector to do a 100 % next year. Lets hear what Pumping 777 will have to say to this.

crazyT:


Yes o, my broker told me today that First Bank has returned my money.

kpineo:

Attached is the UBA stockbroker report on closing bid and offers. will try to keep everyone updated once it comes through daily.