₦airaland Forum

windywendy:
@Naijadr, sorry I had to log off yesterday, been very busy.

@CrazyT (I can't believe you've been holding cash for 2wks ) and Naijadr:
For this week, my cico recommendations are: niwicable (both cico and medium term) neimeth (terrible fundamentals, but i'm in for a quick 10-15% and will only hold for a few days), may&baker (not-so-good fundamentals, but could also make the quick 10 - 15%). Of course Monday or today would have been the best entry points but that depends on your return objectives. Bigtreat is also beginning to look like a good cico candidate.

For the medium term, I would target stocks like STD. Insure (which I already own) -- it should be off TS by the time most insurance stocks are at year highs. The company has diverse revenue streams and has been growing topline, bottomline and margins (esp.) at an impressive rate. Forward PE based on a projected PAT of 600m -- which I believe is very conservative -- is 27. The only caveat is that the company has convertible preferred shares, though i'm not sure if the investors in those shares have converted and sold already. ABC Transport is also good for the medium term, though if I were to hold it for that long, I won't hold beyond the end of May or early June, which historically has been the time around which the stock experienced its highs. For the long term, a lot of those bank stocks (FCMB, Oceanic, UBA) are good. Some PPs are also worth looking at for LT investing.

Of course, all the caveat types apply.

Ah thanks o!! I'm really interested in NIWICABLE for medium term, after your previous dissection on it here, and I was tryin to pick up a good insurance stock for med term, as well as get some Oceanic now as well. I figure I'll wait prob till about june to accumulate Oceanic for example.
My broker should have got ABC for me already, and I'll watch it and see month of march, thanks for the heads up on its historical trend.
For Big Treat, do u think it'll get lower than N10?
Thanks again, very much appreciated

RoughCut:
You get winch o! I don dey fear you now well well. Another is on the way sharpish and go land in no time that one na another celebration on its own.

Na ThanksGiving Galore this year

_{sings to himself}

Come and Join me sing Halleluiah o X2

Jehohah Jireh has done me well x2

All of una for this thread will sing a new song this year in Jesus name. Amen!

Ah Congrats o! Infact Join Agatha Moses dey praise am here

https://www.youtube.com/watch?v=d-4OX-h2An0&feature=related

@crazyT kai u still never reinvest dat money since.
Dunlop has gained about 30%+ in the past 2 weeks, are u in it for the long run?
G.Cappa kai that one is so illiquid o, have u seen the volume in the past month?
there are a couple of us doing CICO with ABC

pumping777:
See how the stock moved from N5.22 to over N15 in about 5 weeks.

shiooooo

Latest Market Info
DEAPCAP: 1ST QTR ENDED 23-12-2007

DEAP CAPITAL & TRUST PLC 1ST QUARTER PERIOD ENDED 31-12-07

TURNOVER 07 N287.722m, 06 N63.243m

PBT 07 N157.216m, 06 N15.541m

TAXATION 07 (N23.582m) 06 (N2.331m)

PAT 07 N133.633m, 06 N13.210m


Open High Low Close Volume___

8.700 8.700 8.700 8.700 1,101,051

Price Trend Report:5 Moving Average: Current price is above 5-period moving average: 8.70

21 Moving Average: Current price is below 21-period moving average: 8.89

LSQ Analysis: Current price is -14% below its price trend.

Bollinger Band Analysis: Price Volatility: Decreasing (Sharp move); Price Trend: Down.

Hurst Trend Analysis: Hurst Exponent: 0.8241, current trend will continue



--------------------------------------------------------------------------------

Technical Indicators Report: Value Tips

RSI 77.3 Overbought

MACD -0.1

MTM -0.5

ADX 78.6 Market is in trend mode.

CCI -11.9

DMI 1.8; 26.2

K%D 55.1; 61.2 Market is in down trend.

NVI 39.5

OBV 1028.9

PVI 78.6

RoughCut:
You never see my post for early morning i don dey plan thanksgiving on this forum i beg make you join me celebrate o!. Union Daignostics PP wey i buy for 1N Elder Napoleon don talk am say brokers dey cross am for N4.80. Na Thanksgiving Galoreeeeeeeeeeeeeeeeeeee

Haha I dey thank God for you too!! Schl money don come, for that your london prog and also for ya pikin's harvard one sef and more!
N60 maybe next week? N100 in june?

From TRW, regarding trans-corpse

Latest Market Info
TRANSCORP: LIFTED FROM TECHNICAL SUSPENSION

TRANSNATIONAL CORPORATION PLC: WE HAVE TODAY LIFTED THE TECHINICAL SUSPENSION ON THIS COMPANY FOLLOWING RECEIPT OF INFORMATION FROM THE COMPANY AS TO THE STATE OF AFFAIRS IN ITS RELATIONSHIP WITH NITEL/MTEL.

TRANCORP RETAINS 51% AND FEDERAL GOVERNMENT 49% PENDING WHEN A TECHNICAL PARTNER IS FOUND TO TAKE CARE OF THE TECHNICAL MANAGEMENT OF NITEL/MTEL.


TRANSCORP closed down -0.220 at 4.200. Volume was 4% below average (neutral) and Bollinger Bands were 72% wider than normal.



Open High Low Close Volume___

4.420 4.420 4.200 4.200 29,223,234



Price Trend Report:5 Moving Average: Current price is below 5-period moving average: 4.32

21 Moving Average: Current price is above 21-period moving average: 4.10

LSQ Analysis: Current price is 26% above its price trend.

Bollinger Band Analysis: Price Volatility: Decreasing (Sharp move); Price Trend: Down.

Hurst Trend Analysis: Hurst Exponent: 0.9335, current trend will continue



--------------------------------------------------------------------------------

Technical Indicators Report: Value Tips

RSI 48.8

MACD -0.1

MTM -5.0

ADX 46.1 Not in trend, or trend is weakening.

CCI -41.8

DMI 11.1; 30.0

K%D 0.0; 66.7 Market is in down trend.

NVI -37.1

OBV -2984055.7

PVI -34.3 Price isnt likely to rise.



--------------------------------------------------------------------------------

TRW Stock Forecaster:Prediction for Next Three Prices: 4.02, 3.80, 3.49

Deviation*: 0.04

Price Direction(short term): Price will go down.

RoughtCut, RoughCut,RoughCut!!
Omo how COSTAIN take reach N50 today ooooo , I thought at least not till next week!!! with my own tiny units, I've decent profit, so I know say that your own don take u to mars, abi we go see u for here today?

@blueband is he still heart broken?

UBA Daily Stock bid attached

windywendy:
Yes o, you should be able to squeeze 15% out of ABC very easily. I was able to get more than that on Josbrew, which I bought and sold quite quickly. Those ones dey highly risky so me no dey recommend those kind of moves o. ABC is good sha.

The little pumpkin is doing great. She's not walking yet (haba, were you walking at 6mths ) but she's babbling a lot (yabber jabber doo ). With the bright eyes and breath-taking smile, it's all simply amazing! Plus there's two cute little teeth showing up in front of the gums (looks like those teeth come in twos) By the way, what branch of medicine do you practice?

windywendy:
@Naijadr, I think I might have some ideas on your 2mil question. But it depends on what your objectives are and what time frame you're lookin' at. So what are your objectives and what timeframe do you have in mind?

Haha I couldnt remember again if u had her already when I was an invisible reader over the summer, so thought she was about 10mths sef So at 6mths, at least she's sitting up, and getting ready for her speed crawling days. I was walking and still breastfeeding at 7mths, so it wasnt a pretty sight for my mum, cause she had to always explain that I was still only 7mths old, and not an overgrown grown baby, cause now i had legs to chase for my food! How do u do it? my cousin that is about to deliver is taking a yr off work, makes u miss Naija and the "benefits" we miss out in this westernized parts of the world!

My N2mil is more for CICO and maybe medium term, so anywhere from 0 to 9mths time frame is good with me, not using the money for anything, but it'll be good to have some good profit money by Dec. Thanks so much

windywendy:
Actually I need to put a caveat here o. I didn't actually recommend ABC, it was a cico stock for me based on several reasons. But I think I might hold it for more than just a few days, at least until it meets my objectives.

Yeah my objective there is 15%, maybe 20% or so, I might be out in a week or so, thanks much for the "caveat empty "

windywendy:
LOL!!! That's the name of the game now o. But I've recommended the stocks on the forum before na. They're livestock feeds (which I sold already) and ABC Transport.

Haha I know oh, I had even issued for broker to purchase ABC today sef(trying to get 15% out of it), just was amused at the coded #s. Hope your lil girl is doing lovely, is she walking yet?

K2:
Quite informative as usual Elder Napolean. By the way, if there's still an avenue to eat some of the crumbs of IAA at that N3.60, me no mind o.

@Naijadr, If I were you, I'd give me that N2m make I carry go Cozumel make wifey dey pour hot sand for my back for pristine beacd. Abi how you take see am now?

so after wifey don appreciate u, if u fit give me at least 25% on top by march end, then no qualms, bank transfer

@windywendy see as u just coded your companies, from unilever to 50% to 13%

BATA by choice!! Lennards sounds like a better name, but if they revert maybe "sentiments" about the old schl sandals wey man pikin wear go schl, go cause de price to jump :p

my people if you've N2mil to put in today, what would you buy? I've 4 stocks in mind, but still trying to weigh everything out, Its unborrowed so no wahala dey

@RoughCut, oga thanks for the advice on that one. Oceanic and Access sound tempting, I already have UBA and the elephant, being the young woman that I am, my risk level dey high so e be like say I go try get Dunlop for N6. I am also looking at that one wey wanajo just talk now o Plus ABC, NASCON
@eniyanman, hmm good question, I have no idea

FROM UBA GLobal Market

FCMB: Analysis of 9M08 results





FCMB maintains triple digit growth in operational performance. The Bank’s 9M result shows a 104.4% YoY growth in gross earnings to N35.8bn, whilst growing profit before tax (PBT) and profit after tax (PAT) by 153.7% to N11.24bn and N8.99bn respectively. Consequently, 9M earnings per share increased to N0.94 from N0.34 recorded in the corresponding period to Jan. ’07.



Stronger QoQ growth in key parameters… Breakdown of results shows that revenues and net profits of N13.99bn and N3.65bn respectively were recorded during Q3 (Nov.’07-Jan. ’08) compared with Q2 revenues of N11.97bn and net profit of N2.69bn. The 35.8% QoQ growth in net profit was driven by the Bank’s growing access to the retail market. FCMB recently launched diverse consumer products aimed at facilitating home ownership, acquisition of shares and purchase of household goods.



… and management efficiency improves. Due to the increase in the contribution from high margin loans & advances, net profit margins improved to 26% (YoY) from 20.2% recorded in Jan ’07. We expect margins to improve further as the company attracts further cheap deposits from its branches spread across the geopolitical zones in Nigeria. FCMB plans to increase its current 135 branches to 155 while emphasizing direct sales to its rapidly growing client base through the deployment of an additional 100 ATMs in 2008. This is part of its strategy to enhance liability generation whilst keeping cost to income ratio at reasonable levels,



Partnering with Sabre Capital for consumer banking. Guided by its vision and understanding of the untapped potential in Nigeria’s retail market, FCMB’s management expects consumer banking to account for 50% of earnings in future. This suggests that the bank intends to grow this line of business aggressively while maintaining its strong market position in investment banking.



FCMB’s valuation suggests a discount at current market price. We valued the Bank on the basis of price multiples. The Bank currently trades at forward P/E and P/B multiples of 20.6x and 3.1x. Compared with peer forward P/E and P/B multiples of 23.4x and 3.3x, FCMB could represent a Buy for medium and long term investors.

TRW Stock prices, at least for now

http://www.trw-stockbrokers.com/services.aspx

@ AKTOPGUN, doc how far, I'm about to check out and go into a state of thanksgiving, I'll lift Tobe up in praise, and stir up the Spirit to keep hovering over him.

My people good morning o
Hope all is well
I'm trying to make some purchases today and my broker is suggesting I get Oceanic and Access for medium term growth
On the other hand I want to get more Dunlop, also looking at Presco, Nascon

any suggestions?? thanks o

For Costain folks, awon RoughCut & co, it appears that we've hit a stand still there, notice some resistance, exhausted buyers, very low vol being traded now. Folks appear to be holding on now, maybe waiting for the trigger towards release of FY results. I don't see much rapid advancement, might not hit N50 till maybe mid March, we prob bounce around the N45-48 mark for at least the next week or 2 even.

Anyone else notice Nig-German today, it finally broke past N28 again today ending at N28.66, it hasnt done that since early Jan, very small vol but the RSI looks just right, and I see it inching gradually, it might hit the all high N30 mark by Thursday. This company appears to move in spurts of every 3mths or so.

Dunlop is on the rise due to its low nominal price. thankfully I sold CILeasing after a 52% gain in 6 weeks and hoped on its train, I bought a very small quantity last week (at N5), and have gained about 9% after fees already, closed at N5.66 today. It looks poised to reach N6 by Friday as there doesnt appear to be a shortage of buyers. Today had the most # of buyers since the run 1st week of Feb. Short termers should prob try to get out before it gets to N8 because those who bought end of Jan at around N4 or below will def be cashing out.

All my opinion, and yes I have all 3.

Quote from: Naijadr on February 27, 2008, 02:08 PM
As expected, COSTAIN drops to N43.95, due to profit taking
NIG-German did as expected, has crossed the N30 mark, breaking its previous highest, ending at N30.09
Dunlop continues its rise, closing today at N5.79, looking to reach that N6 by Friday
So all 3 went as expected
As crazy as the NSE is, I think I'm finally learning small small from here how to predict and speculate, thanks guys fundamentalists and TAists!

Naijadr:
cashcraft and gti have same prices
The trend continues, COSTAIN closed at N44
NIG-German closed at N31.59, another high, its on the move, could be enough gas to take it to N40
Dunlop continues the rise closing at N6.07 so its crossed over the mark!

The cycle continues
COSTAIN closes at N46.20
DUNLOP at N6.12
NIG-German at N30.03
I expect the trend to continue next week, all 3 will have a bullish monday but Costain will maintain same range rest of the week, there is still enough sentiment to push Dunlop to N7 and NIG-German (I'm not quite sure whats pushing the price up since vol is normal) so it might just hover between N28-N32 for next week, unless there is a rumour I'm unaware of.

@RoughCut thanks, I thought about that, prob best for me to wait for a min, want short term, my long term is already full, UBA o

I think though that its good if you can guarantee that the price gain post TS will be worth it. If we are talking like 120% post TS like COSTAIN or something then thats fine waiting the 2-3mths, but if we are talking 25% gain, it just might not be worth it.

@RoughCut, I'm even thinking of getting some JaPaul which I think might still climb due to sentiments. What do u think?

He's amazing, I even watch him on Silverbird every sunday here in the States, and listen to his sermons on the site
His future wife will def be a blessed woman, love his singles ministry!

RoughCut:
It was discussed but not a lot of peeps had any concrete info on what was happening! No wonder its been on net offer for a few days.

A lot of peeps who had an inkling of what was coming were trying to offload

NSE i hail thee!

Oga but from around N3 in Dec to around N11 in Jan, that one na blood money ooooo, see as greed don catch them o

RoughCut:
And PSYCHIATRY!

BTW: Looks like like a lot of peeps didnt see the DEAP CAPITAL TS coming!

another benefit of this thread!! shey its been discussed for a min.

RoughCut:
I'm sure anyone who has been following the stock agrees medium-long term it is the Real McCoy. If there are signals that peeps are taking profit in the short-term by all means join the party and do a partial CICO/RO-RO.

Going forward it would make anybody's portfolio medium-long term it has made mine.

I read the PO brochure again and i was impressed with the projections for '08 and 09 very bullish indeed so hopefully they get there!

If you want to take profit i'm planning to by the way _{now that will be blood money!}go on soun but it has just made my long-term protfolio. Even for long-term portfolio you can take profit every now and then just get back in again that's how to play the game so either bullish or bearish you can sleep soundly even if you like addd valium to your milk_{excuse the pun dollypcute}

Do you need me to add CAVEAT EMPTY/EMPTRESS/EMPTOR


@All

BTW: Any Formula 1 car racing in the house?

RoughCut has spoken, so all the diamond cutting has been done! Make I begin dey go market Thanks man

@RoughCut, oga so I'm sticking with COSTAIN long term, looks a lot more lucrative more long term, or even in the next 12mths. What do u think? Fundamentals are great, and I think they can meet up what was speculated in their prospectus.
That it unless it goes mad and jumps to something crazy like N80 or something by June

blueband:
AFAMAKO,I go call you later.
AKTOPGUN is on call,no candles till later.

Naijadr where did you get the information on Deap Capital from?

TRW Stockbrokers emailed it 2 hrs ago

Latest Market Info
DEAPCAP: ON TECHNICAL SUSPENSION

DEAPCAP WOULD BE GOING ON TECHNICAL SUSPENSION TODAY. THEY ARE DOING AN OFFER FOR SUBSCRIPTION AT N7.50.

Naijadr:
For Costain folks, awon RoughCut & co, it appears that we've hit a stand still there, notice some resistance, exhausted buyers, very low vol being traded now. Folks appear to be holding on now, maybe waiting for the trigger towards release of FY results. I don't see much rapid advancement, might not hit N50 till maybe mid March, we prob bounce around the N45-48 mark for at least the next week or 2 even.

Anyone else notice Nig-German today, it finally broke past N28 again today ending at N28.66, it hasnt done that since early Jan, very small vol but the RSI looks just right, and I see it inching gradually, it might hit the all high N30 mark by Thursday. This company appears to move in spurts of every 3mths or so.

Dunlop is on the rise due to its low nominal price. thankfully I sold CILeasing after a 52% gain in 6 weeks and hoped on its train, I bought a very small quantity last week (at N5), and have gained about 9% after fees already, closed at N5.66 today. It looks poised to reach N6 by Friday as there doesnt appear to be a shortage of buyers. Today had the most # of buyers since the run 1st week of Feb. Short termers should prob try to get out before it gets to N8 because those who bought end of Jan at around N4 or below will def be cashing out.

All my opinion, and yes I have all 3.

Naijadr:
As expected, COSTAIN drops to N43.95, due to profit taking
NIG-German did as expected, has crossed the N30 mark, breaking its previous highest, ending at N30.09
Dunlop continues its rise, closing today at N5.79, looking to reach that N6 by Friday
So all 3 went as expected
As crazy as the NSE is, I think I'm finally learning small small from here how to predict and speculate, thanks guys fundamentalists and TAists!

cashcraft and gti have same prices
The trend continues, COSTAIN closed at N44
NIG-German closed at N31.59, another high, its on the move, could be enough gas to take it to N40
Dunlop continues the rise closing at N6.07 so its crossed over the mark!

Latest Market Info
IBTC: CHANGES FINANCIAL YEAR

NOTICE:This is to inform the public that IBTC Chartered Bank Plc has changed its financial year-end from 31st March to 31st December.

The change takes effect from the financial year that commenced April 1, 2007 which ended 31st December 2007.

This change became necessary to harmonize the Banks financial year with th at of Standard Bank Group which recently acquired a 50.1% equity stake in IBTC Chartered Bank Plc and also consistence with the CBN directive to harmonize the financial year end of all banks in Nigeria.IBTC Chartered Bank Plc is in the process of obtaining CBNs approval for its audited financial statements for the 9 months period ended 31 December 2007
.

Naijadr:
For Costain folks, awon RoughCut & co, it appears that we've hit a stand still there, notice some resistance, exhausted buyers, very low vol being traded now. Folks appear to be holding on now, maybe waiting for the trigger towards release of FY results. I don't see much rapid advancement, might not hit N50 till maybe mid March, we prob bounce around the N45-48 mark for at least the next week or 2 even.

Anyone else notice Nig-German today, it finally broke past N28 again today ending at N28.66, it hasnt done that since early Jan, very small vol but the RSI looks just right, and I see it inching gradually, it might hit the all high N30 mark by Thursday. This company appears to move in spurts of every 3mths or so.

Dunlop is on the rise due to its low nominal price. thankfully I sold CILeasing after a 52% gain in 6 weeks and hoped on its train, I bought a very small quantity last week (at N5), and have gained about 9% after fees already, closed at N5.66 today. It looks poised to reach N6 by Friday as there doesnt appear to be a shortage of buyers. Today had the most # of buyers since the run 1st week of Feb. Short termers should prob try to get out before it gets to N8 because those who bought end of Jan at around N4 or below will def be cashing out.

All my opinion, and yes I have all 3.

As expected, COSTAIN drops to N43.95, due to profit taking
NIG-German did as expected, has crossed the N30 mark, breaking its previous highest, ending at N30.09
Dunlop continues its rise, closing today at N5.79, looking to reach that N6 by Friday
So all 3 went as expected
As crazy as the NSE is, I think I'm finally learning small small from here how to predict and speculate, thanks guys fundamentalists and TAists!

the embassy does that, forget whats on their site, my aunt works there at the health section and its required, DNA testing of children-parents
I know a few people who had to do that

For Costain folks, awon RoughCut & co, it appears that we've hit a stand still there, notice some resistance, exhausted buyers, very low vol being traded now. Folks appear to be holding on now, maybe waiting for the trigger towards release of FY results. I don't see much rapid advancement, might not hit N50 till maybe mid March, we prob bounce around the N45-48 mark for at least the next week or 2 even.

Anyone else notice Nig-German today, it finally broke past N28 again today ending at N28.66, it hasnt done that since early Jan, very small vol but the RSI looks just right, and I see it inching gradually, it might hit the all high N30 mark by Thursday. This company appears to move in spurts of every 3mths or so.

Dunlop is on the rise due to its low nominal price. thankfully I sold CILeasing after a 52% gain in 6 weeks and hoped on its train, I bought a very small quantity last week (at N5), and have gained about 9% after fees already, closed at N5.66 today. It looks poised to reach N6 by Friday as there doesnt appear to be a shortage of buyers. Today had the most # of buyers since the run 1st week of Feb. Short termers should prob try to get out before it gets to N8 because those who bought end of Jan at around N4 or below will def be cashing out.

All my opinion, and yes I have all 3.