₦airaland Forum

@nkc and pumping

Thanks!

pumping, I've been waiting like 7-8 weeks now for CSCS folks to activate my online acct, the thing don tire me ooo

@pumping, abeg do u have any idea when BGL will fix online portal. Plus how do u receive trade alert here in the US. How do u enter the phone # on CSCS website.

Thanks!!

mecatchcha:
@AkTopGun @Pumping @Blueband

Please, can you confirm the above report that Japaul Certs are out? What will be the effect on the share price? Do I empty all I have now?

lol of course price will come down, wasnt PO at N6 or something, after all those mths of waiting, people are eager to cash out.

People back to stocks, I already posted the UBA Stock bid on the previous page!!

@ pumping777 any hopes of BGL getting their online portal fixed. Email is cool but I dont want to have to call cause its just a lot quicker to get online and verify.

oga Napolean, wow I fit be your 4th pikin sef! Thank you very much for your detailed responses as always. You are very right, I have ann acct with 1 of those big places and I'm not really impressed. Its one thing to pass info to the office folks, its another thing for the traders in that office to execute well or on time. The thing I've noticed as being prevalent with the 2 diff accts I have is the lack of response when stocks arent bought, the office folks prefer to ignore as they await answer from the trader. Times like this I wish I knew the MD so that I'd work with him, and he'd assign someone to me, who for wanting to impress MD would be running around executing.
Its just much harder for those of us not in naija, if to say I dey naija, all this would not be happening.

@ all, UBA DAILY STOCK BID ATTACHED

@pumping, "eeeyah", thats all I can even say right now Cashcraft has received bad rep since my days of being a silent reader early 2007.

@blueband, forbes list is such a joke sha, even their millionaires list, I guess its only verifiable funds, cause IBB sef should be on their so-called billionaires list.

loma:
See Niwi purchasers as them dey come out of the woods! Na u no let my broker get the thing sef!

my broda, my sister na my broker ooo, she must get am for me!

windywendy:
You no know me o! my name na windywendy and i'm anonymous to the core

What company did you work for?

abeg WindyWendy, confirm ooo, and get back to us on that one, cause I was going to issue a NIWI purchase today sef

haha Wendy, I for say oh about the "B-class" oh RoughCut this ya V boot wey u mention, na tokunbo abi locally used, make i check price o

@all, UBA Daily Stock Bid Attached

RoughCut:
Train ke? They are running around the tarmac like headless chickens after jet wey dey fly at supersonic speed

;DI just remembered how we used to kill chicken at home, you are so right! But abeg no talk too loud o, lets safely get into the 60s by Monday!
@beginner, abeg buy my COSTAIN from me at N75, infact if you give me N100, I'll sell my small quantity to u right now , even RoughCut go sell ALL of his own! Fundamentals ke, understanding how the NSE works is the rule of the game oooh, now its 1st half of the year so different ball game, when bears come, we fit talk, fundamentals never push my banking stocks in over 3mths!!

@kolatk, depend on your investment horizon, I got in 2 weeks ago, and I think I've made 35% or so since then, short timers will soon start cashing out anyday now, I believe right around the N8 mark cause there are many who bought at N4. My target goal is N10 or so, so I'm chilling on my own.

RoughCut:
At least you are looking at N65 by next weekend. The question is who are those buying though?

Good question! People that like to run after fast moving trains perhaps LOL I think its people who see it climbing, and dont know any better unfortunately!!

RoughtCut I retract my statement of N70 for Costain, we might be able to get N75 sef before selling
Na God, thank you Lord!!

@oshkosh, haha@ +/- 2 gyration, yes oh UBA and its N49-51 price don tire me
@aktopgun, my broda yes oh, I see one "completely oversold" company wey WW mention this week that begins with a "B"
@crazyT, look at that, since July, some folks have made even 300% on some useless stock, yet you are still in the red 9mths later haba!!

upward:
You are welcome, it's always good to pause and LISTEN.

Looks like the bears are showing their faces a little, and as usual the "fundamentaless" stocks (oyinbo) are bearing the brunt first.

I issued sale mandate for my UBA and FCMB, I don tire for now, I'll get back in them later, for now, even if the money earns 25% it'll be way better than what they've earned me the past 3mths, -5%

upward:
Longer than that really. Naijadr, I love your blog. God bless you.

Amen, Thanks my broda for checking it out, may He be your strength and guide always.
TRW always post early, lets see how the prices change during the day

trw posted prices 30mins ago

SuperGuy:
This is just my thought please.
If you have held on to UBA since, I will strongly advise you wait
for another 5wks when the q2 result is expected, this should do the magic
for UBA. This is just the way I feel.

5 weeks ke, there are many companies i'm seeing that in 5 weeks time frame right now I can make 25-50% ooooo
Its not that serious, I can always buy it for same price range then.
its Q3 that moves bank stocks abi Fof2 talk am b4
Q2 wont do much for UBA

Pumping God bless u, for the past week, I've been looking at my UBA in my portfolio and de thing dey vex me, since Dec. I've been contemplating selling, even this morning sef so you are right, I'm selling 2morrow, I can buy it back again in June or July sef and it'll still be the same yeye N49-N51 and I'd prob have gained 50-100% sef
plus i see BGL still hasnt fixed online portal, tried to go there to register

RoughCut:
Ha Tufiakwa spreadsheet profit ke? God forbid bad thing.

Yes o even you go fit enter again before they release FYE results. So timing is very critical as soon as they don close register na im be say na signal to begin take profit be that

So makes sense that price is climbing, some folks are trying to get in so they can qualify for supposed bonus (if any) and dividends, another NSE cultural element
register will prob close same time PO is listed that 3rd week of march or so, so another 2 weeks max of enjoyment dey!

RoughCut:
You don dey put motor for reverse o FYE is March!

So you can sell towards the end of March just by the time the shares are listed and hopefully the profit takers will help to push down the price a bit so we can enter again as FYE results are expected around May

Ahh yes now, since its march it wont be released till may-june, so if we sell by end of march. Profit takers will bring price down in April abi?
Say NO to spreadsheet profit

Pls see attached UBA Daily Stock Bid

@ WindyWendy, my dear sister, thanks, ese o, dalu so, nagode for that response regarding COSTAIN, I'll def be selling before PO certs are listed, I even forget say na N13 I'll sell oh, that might be another reason price is going up to help with the slight free fall, at this rate by end of March price could be hovering around N70, I'm so selling Then buying back in April, maybe it'll drop down to N50 in preparation for the climb towards June for release of FY.
RoughtCut abeg claim your millions ooooo, come rain or shine, "edumacation" must be paid for!

RoughCut:
@All

Costain has now become serious blood money o the thing dey fear me well well !

In between the time marshall wanaj0 mentioned John Holt last week i think and today the thing don do about 25% Hmnn this will be the fastest RO-RO for me i'm jumping ship by Friday

I no sabi wetin dey push am o!

My broda na the thanksgiving praise wey we do yesterday wey cause am o! COSTAIN is now officially "ridiculous" Na N100 by June ooooo
25% in 1 week, kai and I saw when he posted it too alongside his other recommendations!
My Dunlop has done 33% in 2 weeks after fees, even ABC, I hope my broker got it o yesterday
Thank you God!

emotimi:
Folks,

A friend of mine in Nigeria expressed his frustrations about the happenings in the Nigeria Stock Market domain, and I thought that could not be true. One of his numerous complaints was that the brokers now have to grease the palms of the guys working in the registrar's office to validate the share certificates; sort of finding a way of being employed, even a s a cleaner, and the money will be rolling in. That might have accounted for why transactions now take longer to reflect in the CSCS account.

Has anyone succeeded in accessing his/her transaction price information in the CSCS account? I have not been successful with this.

Meanwhile, this might be the right time to board the TransCorp train, as I believe the stock will bounce back after the dust is fully settled.

My broda shine your eye well, there are many other opportunities in the NSE that arent wasting away in hell, abeg jump on other trains to heaven o
Meanwhile its been like 6-7 weeks sef and cscs hasnt opened my online acct

A reminder of how blessed we are, see as 50% returns is something ever so rare in the Western markets.

http://www.fool.com/investing/small-cap/2008/03/04/why-arent-you-earning-50-annual-returns.aspx

Lesson 3: Look where no one else is looking
I think this applies to us, places like Naija and true emerging markets

pumping777:
The thing no come attach o.

sorry o, timed out, reattached it

UBA daily stock bid attached

back to work now, see una later, make una enjoy ya SCOA, NIWI, DUNLOP, COSTAIN and co mney o

SavvyLanre:
No points o - just 12 hrs of community service and $50 pere, (Na thanksgiving o for me), To make matters easier, they come talk say i fit do am for church, me wey i dey sleep for church (Speed 16 over limit, 23 would have been major offence)

@Mypeace - abeg talk the koko of the gist for Transexpr o, your brother get moni for there o,

I'm here LOL!! You fit do am inside church, they dont know they are adding to your blessings sef! I like that one o

windywendy, the projected price I calculated based on that PAT dey do me WOW , I go just pull profit money from ABC end of month enter NIWI oo for medium term, infact I'm ready to wait 12mths chillin on that one!!!

windywendy:
I doubt that Bigtreat will hit N10, but you never know with the way the market is performing these days. Imagine Alumaco at 21, meanwhile a bank like FCMB with waaaayyyy better fundamentals and prospects is trading at below 20 However if today's trading numbers are anything to go by, Bigtreat traded as low as it could possibly trade and almost touched the highest it could possibly trade at. Average price was 11.12 so it's looking like 11 might be a support price. There's no significant difference between 10 and 11, so I suggest you start buying at 11 if you want to do a quick cico on the stock.

@Highlander: I don't know where niwicable will be headed to, and I don't know when either. That na bigboylarry question Howeve they're projecting PAT of 500m so you decide what value you want to place on the stock.

FCMB sigh, I keep looking at mine like what is this? In due time, they'll def deliver, Alumaco at 21 is madness!!
I just calculated NIWICABLE's speculated price/true value and all I can say is WOW infact I cant even post it on here, no money to buy till later in march, for medium term

RoughCut:
Ha ha i don remember how the car look now na im my papa dey take carry us go elementary school many many many years ago

http://www.europarts.com.au/images/links/504_taxi.jpg

Pumping na wagon u want abi this one here

http://www.504.org/images/world/ok/Nigeria.jpg

at least upgrade small, 505 dey better
http://upload.wikimedia.org/wikipedia/commons/thumb/1/1a/Peugeot_505_Sedan.jpg/220px-thumb.jpg