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Omoba3's Posts

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InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 12:49pm On Feb 04, 2008
Pennywise:
pumping,man jiro, Omoba. Thanks to you all. Omoba, have you noticed that some of these detectors also leave a bit of their nuisance behind?
Pennywise: True, but the advantage outweighs this minor downside. What you must consider is that when a system is already infected, the best course of action is to remove the drive into an external caddy, to a 'clean area' as in a clean uninfected pc before scanning, this way you are certain that you are 100% free of worries. Many viruses, malware etc have been known to attach and hide themselves without being detected, if you try disinfecting in the same environment it got infected in, which is why the external scanners offer a simpler solution to removing the drive from the host pc.
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 11:27am On Feb 04, 2008
Pennywise:
Peeps on this forum should beware that megaupload is laced by very stubborn virus and spyware. It has bent my avast antivirus arm backward, deleted all my bookmarks and presented an unsolicited megaupload tool bar as at this morning. I have battled this nuisance unsuccessfully for weeks. I will appreciate advice from knowledgeable computer fellas in the house if there is any. Hard disc formatting? Last option.

Pennywise:
The easiest way to detect Malware/Viruses/Trojans: Free online scanners; http://housecall.trendmicro.com/
http://www.kaspersky.com/virusscanner
http://www.bitdefender.com/scan8/ie.html

After the scan, you can then proceed as advised by Pumping etc.
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 11:20am On Feb 04, 2008
Mr. Risky:
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.

Mr Risky:
U 2much gare, Carry go grin grin grin

I like the awards, so I second the motion. grin
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 2:27am On Feb 03, 2008
Princesege:
Quote from: blueband on Yesterday at 03:00:46 PM
Has anyone been able to view their cashcraft account online?
@blueband.
Yes you are right. The trouble started thursday night and I have not been able to view my cashcraft account online. One would have expected them to infrom their customers of the development. Well ,lets wait till Monday, hopefully the problem will be fixed.
Blueband and Princesege: I'm quite surprised you have just noticed this about Cashcraft huh This problem has been ongoing for a while. My only hope is that it's not related to something else. If the site isn't up by Monday, I'll share what I know.
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 7:40pm On Jan 29, 2008
Frankiriri: I was just discussing about you a few days ago with a fellow forum member wondering where you've gotten to. So sorry to hear about your loss. Only God can heal the wounds of such a loss.

God will continue to be your strength, shield and your amour.
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 9:38pm On Jan 25, 2008
Yodiyokun: You missed my post that helps solve the file problem:

https://www.nairaland.com/nigeria/topic-31554.12384.html#msg1888744
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 9:26pm On Jan 25, 2008
yodiyokun:
OH ok - I have checked it now - Something is wrong with it.

It appears it was saved with .xlsx extension and though I removed the extra x to make it an excel file, it opened but was filled with jargons.

Pumping - please upload the spreadsheet again ; but check the file extension before you do.

Thanks
pc guru:
Don,t worry pc guru will solve this. the problem is that xslx is a format for office 2007. so u have to install office 2007 while the normal one u know is x;s,even doc is changed to docx. hope i helped u
Yodiyokun: The solution offered by PC Guru is only applicable if you do have Office 2007 at hand to install, otherwise you need to install a file converter from Microsoft. I had the same problem: here's the solution: File Format Converters.

Once you open the file you can now save as into your normal xls.

P.S Sorry file won't upload. visit Microsoft for the conversion file
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 1:24pm On Jan 15, 2008
Aktopgun: Tobechukwu was protected for 9 months before his safe delivery. Now that Tobechukwu has tasted of this world and knows the love and joy he receives from his parents. Tobechukwu has brought joy and gladness to your heart and family, so also shall you give thanks to God for seeing him grow into someone special full of grace and the abundant blessings of the Holy Spirit, full of health, wealth and prosperity. If you ever have to shed tears, they will always be tears of Joy and Gladness. All is well.
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 1:33am On Jan 11, 2008
Ha. You did not digest my post well Grin Grin Grin

Since you are buying so many units, u need to increase your family size Grin Grin Grin I come from a family of 8 kids. My Papa or Mama no fit get problem with oversubsription lai lai Grin Grin Grin

On a serious note, note that I also mentioned that you should not buy too much. Splitting 1 million units of Dangote flour in four tranches is no good.

I know someone on this thread that bought Aiico in 13 tranches for only 2.6M units. That's the way to do it if you are so concerned about oversubscription.
Pumping: I have to disagree with you on this one o grin

Your friend will not get even a third of his application. 13 people or not. Take a look at dangote flour below. And more importantly take a look at the figures for Aiico.

A good way of knowing if an offer will be over subscribed is to divide the number of units being offered by either the nuber of units you want or just start with 50k units. The answer you get will tell you the number of investors that can equally get the same amount.

With aiico the units being offered were miserly and therefore was meant to be over subscribed.


Quote from: ngegy on Yesterday at 11:39:31 AM
NEWS!!
Dangote allotment concluded

1,000 - 1,000 90,947 100.00%
1,001 - 2,000 71,299 60.00%
2,001 - 5,000 150,187 25.00%
5,001 - 10,000 125,796 17.20%
10,001 - 25,000 70,411 35.55%
25,001 - 50,000 29,961 12.35%
50,001 - 100,000 8,365 11.55%
100,001 - 250,000 3,045 10.25%
250,001 - 500,000 1,224 8.75%
500,001 - 1,000,000 409 8.25%
1,000,001 - 5,000,000 244 7.55%
5,000,001 - 20,000,000 40 5.75%
20,000,001 - 50,000,000 4 5.33%
AIICO - based on 2,500,000,000 units @ N2.50

with 50,000 investor applying for for 50k units each, they would have bought up the entire offer. grin PO's that don't offer substantial amounts for subscription are a no no.

50k units each = 50k investors

10k units each = 250k investors

5k units each = 500k investors

2.5k units each = 1m investors
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 7:24pm On Jan 09, 2008
@ Baba2 - Na you biko grin U just dey drop style left, right and center. wink

Recently WanaJo said something along the lines "do you have to buy every offer that comes up" How very true.

True because not every offer is a "good" offer.

True because PO's do not necessarily meet everyone's investment criteria.

True because not because they are now often over subscribed, but because they now seem to offer ridiculous amounts of units in the offer. which means they menat for it to be over subscribed in the first place.

For example:

AIICO - based on 2,500,000,000 units @ N2.50

only 50,000 investor applying for for 50k units each and they've already bought up the entire offer. shocked

50k units each = 50k investors

10k units each = 250k investors

5k units each = 500k investors

2.5k units each = 1m investors

Costain: 178,162,966 units @ N13

This is even more worse than Aiico!!! shocked

50k units applies each = 3563 investors only!!!

25k units = 7126 investors

15k units = 11,877 investors

10k units = 17,816 investors

5k units = 35, 632 investors

2.5k units = 71,365 investors!!

For these kind of miserly units, why on earth would I bother? Why should anyone bother?
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 10:43am On Dec 30, 2007
grabdaloot:
No Texas543 I wasn't referring to a software. I meant when plotted in excel. Right clicking on the data points of the plot in excel. I tried this with your plot you sent out for AGLEVENT and the moving average in excel gave exactly the same trendline as with your MACD

@prince 11
unfortunately I do not know of any website that will allow you to pull data. But you do not need a website to do that for you. You could design an excel spreadsheet that will allow you analyze every single stock on the NSE! all you have to do is have a sheet where you have all the symbols/securities in the rows and the closing prices in the colunms. In another sheet you could us the VLOOKUP or HLOOKUP or INDEX function in excel you pull data for which ever stock you want to analyze
Grabdaloot: I beg you go take style elaborate on how to do the above in bold oh! I no sabi excel so please help a bro out.
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 11:42pm On Dec 21, 2007
Ola007:
what's the minimum to open an account?
N500k
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 11:41pm On Dec 21, 2007
LondonCool:
@All,

Has anyone here operated a Stock a/c with Cashcraft ? I just wanted to find out about their efficiency in transacting Stock orders. I am looking for an alternative Stock Firm to Afrinvest who have been a bit too lethargic for my liking.

Cheers !!
LondonCool: Stay well clear of Cashcraft, unless you have a high tolerance to constant headaches and don't mind losing some of your hard earned money. They surely overcharge (over and above their published rates), and buy and sell at the wrong price.

You can't go wrong with Cashcraft for one of the crappiest service available. A trial will surely convince you.
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 12:00am On Dec 13, 2007
Cheexy: how now. grin Long time no c no saw wink Hope all is well and biz is doin fine.
Nice 2 c u arround.
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 11:57pm On Dec 12, 2007
aktopgun:
ladies and gentlemen,
please allow me to introduce u'all to OLUWATAMILORE TOBECHUKWU

born 4.46am 12/12/07, 3.5kg.

mother and child alive and well, father is beat!!!

now i know why jewish men wake up every morning and thank god he didn't make them women, no be yam.
i have a whole new level of respect for my wife now.

thank you to all the fellas on nairaland for all the support.

And the journey begins.
windywendy:
Father is Beat ke? Hehehehehe grin grin. Abeg no make me laugh . . .

**wondering what father would be if he was the one that actually went through labor instead . . . grin grin grin**

BIG Congrats to you o jare! And WELL DONE to madam. That "whole new level of respect" is perfectly in order cheesy. Don't forget to fill up the fridge with all of her favorite juices, fruits and veggies wink smiley plus say "goodbye" to your long and uninterrupted hours of sleep at night smiley smiley
Aktopgun: A big congrats to you and yours. ya bebi show you tru tru. Like Windywendy said, kiss goodbye to uninterrupted sleep!

Now will be the true test of your addiction to Nairaland.

I hail you 0!

OLUWATAMILORE TOBECHUKWU will bring you joy, happiness and untold blessings in all your undertakings.

This marks new and better beginnings for you.

Windywendy: Couldn't have said it any better.
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 11:24pm On Dec 02, 2007
To All And Sundry: Please does anyone have the free Trading Points Software from TRW Stockbrokers, or something similar that can be used for technical analysis within the Nigerian market?

Can anyone point me in the right direction?

Any help will be appreciated, thanks.
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 9:15am On Nov 27, 2007
Pumping777: I scanned it from the newspaper. I'll try as much as possible to share these when I come across them.
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 1:01am On Nov 27, 2007
Thanks for the correction. Doesn't it matter about whether you use the group or company figures for the analysis?
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 12:49am On Nov 27, 2007
To all gurus in da house. Are my calculations wrong or right based on the 9mths unaudited results for C&I Leasing? I used 600m outstanding shares.

Which would you use to determine the projected price? The Company or group figures?

Current Group EPS: 0.497

Current Group PE: 12.25



Current company EPS: 0.42

Current Company PE: 14.5
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 12:46am On Nov 27, 2007
To all gurus in da house. Are my calculations wrong or right based on the 9mths unaudited results? I used 600m outstanding shares.

Current Group EPS: 0.497

Current Group PE: 12.25



Current company EPS: 0.42

Current Company PE: 14.5
InvestmentRe: Stocks That Can Make You Rich In 2007 by Omoba3(m): 9:48pm On Aug 23, 2007
Easi: You are breaching your own security protocols. I'll send you an email to explain.
InvestmentRe: Stocks That Can Make You Rich In 2007 by Omoba3(m): 9:43pm On Aug 23, 2007
@ Whitelexi - You got it right first time around: 1 for 4 and N1 dividend.
InvestmentRe: Stocks That Can Make You Rich In 2007 by Omoba3(m): 6:40pm On Aug 19, 2007
Any takers on the this GTB/GDR issue?

With the imminent re-denomination of the Naira @ N1.25 to $1. Will this not preempt the conversion to ordinary stock, owing to it being a more financially attractive option?

If yes, then would it not make sense to dispose of the stock before such takes place?
InvestmentRe: Stocks That Can Make You Rich In 2007 by Omoba3(m): 6:39pm On Aug 19, 2007
@ Stacks - Usually, only existing investors who already have the certs are entitled to rights issues. You will only be entitled to rights issues on the existing 5k units for which you should already have the certs or for its reflection in your CSCS account, if you have a broker.
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 6:33pm On Aug 19, 2007
Any takers on the this GTB/GDR issue?

With the imminent re-denomination of the Naira @ N1.25 to $1. Will this not preempt the conversion to ordinary stock, owing to it being a more financially attractive option?

If yes, then would it not make sense to dispose of the stock before such takes place?
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 9:26pm On Aug 16, 2007
NBA: This report is from CSL.

This is CSL distancing themselves from it and also the analyst:

August 15, 2007



DEAR VALUED READER



RE: EQUITY REPORT ON ACCESS BANK PLC



We write to withdraw the Equity Research Publication dated 14 th August 2007 prepared by Jude Fejokwu and published without the authorization of CSL Stockbrokers Limited.



The contents of the report are incorrect, unfounded and without basis. Indeed the entire report is entirely attributable to the writer and in the professional opinion of CSL Stockbrokers does not represent in any way the true position of affairs of Access Bank Plc. We urge you to please disregard the report in its entirety.



CSL Stockbrokers Limited admits regrettably that the report was not vetted or reviewed in line with our internal practice before publication by the writer. This unfortunate breakdown has brought significant embarrassment to our firm's reputation built over several years.



Our institution is particularly embarrassed as Access Bank Plc is a prized client for CSL Stockbrokers Limited and indeed the entire FCMB Group.



FCMB Capital Market is one of the Issuing Houses/Underwriters and CSL Stockbrokers is a stockbroker to Access Bank's on-going successful public offer. Our Group endorses totally the credibility of the Bank, its Board of Directors and Management Team and will in no way allow their exemplary efforts at establishing a First Class Bank to be diminished by a "rogue" analyst.



The said analyst has since been summarily dismissed from the employment of CSL and steps will be taken to ensure that there is no re-occurrence of this unfortunate event.



We have and continue to apologize to the Bank and all its shareholders for our mistake. The correct report on Access Bank Plc will be published within the current week.



Once again we regret any inconvenience caused by this report.



Thank you.
InvestmentRe: Stocks That Can Make You Rich In 2007 by Omoba3(m): 8:46pm On Aug 16, 2007
Easimoni: Based on the results you posted would this prompt you to take a position in LASACO or any of those insurance stocks?
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 8:41pm On Aug 16, 2007
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 8:39pm On Aug 16, 2007
Easi: Just sent you an email. Its about a rogue access report, which CSL are now denouncing and have dismissed the so called rogue analyst.
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 12:56am On Aug 15, 2007
Temmie10: Thanks for the prompt reply. You're a star!
InvestmentRe: Stock Market Tips For Nigerians by Omoba3(m): 11:37pm On Aug 14, 2007
Temmie10 and all gurus in da house: What's your take on International Breweries and the proposed PO?

Read about it in the BusinessDay, but here's a different link.


http://www.ngex.com/news/public/newsinfo.php?nid=4606

German brewery acquires stake in International Breweries in Ilesha
x | August 13, 2007
Brauhasse International of Germany now owns 60.1 percent of the company of International Breweries plc, Ilesha. It also recently made available 3.2 million euros as deposit for shares in the forthcoming offer to enable it maintain its equity holding in the company.

The core investor, Brauhasse International, is a wholly owned subsidiary of Warsteiner Group, one of the biggest privately owned breweries in Germany, operating since 1753.

The offer by which International Breweries intends to raise about N1.4 billion, has been approved by the Nigerian Stock Exchange and is awaiting the approval of the Securities and Exchange Commission.

General Manager of Sterling Capital, the financial advisers and issuing house, noted that with the Core Investor taking up about 60% of the proposed offer, and other identified investors taking up additional 20%, the offer is already fully sold.

International Breweries is one of the few indigenous breweries in Nigeria, and it commenced operations in 1978, producing the Trophy brand of beer and a non-alcoholic beverage, Betamal.
InvestmentRe: Will Be Coming To Nigeria I Want To Buy Shares by Omoba3(m): 1:21pm On Aug 11, 2007
Omoboy: You don't need to come to Naija to buy shares! If you are to buy public offers you don't necessarily need the services of a broker. If you have relatives you trust you could scan and email all required documents.

If you definitely have to come home then for starters you could buy public offers i.e current Access bank offer. Of the utmost importance is educating yourself about the stock market. If you register at www.stockmarketnigeria.com they will send you a free e-book on buying shares on the NSE (Nigerian Stock Exchange).

If you really intend to take this seriously (as in putting money into shares), you really need to educate yourself, fast. The quicker you learn the faster your knowledge will help you make money. Besides learning about the western way of playing the stock market (London Stock Exchange, NYSE, etc), a different set of rules apply in Nigeria! You need to familiarize yourself with these rules so as not to get your fingers burnt! This is the naija factor!

To learn the Naija factor, you have come to the right place. Including the Stockmarketnigeria site. Here at Nairaland you have the benefit of members we call gurus; the likes of Easimoni, Frankiriri, Temmie10, Windywendy, WanaJo (4give is I spell names wrongly) to name a few. If you follow their advice by reading through the various threads you will get the info you require.

I hope this helps!

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