₦airaland Forum

guess who z backladies n gentlemen am back on board-am hear 2disagree so wi can agree, mi 1 get so many tins to yarn about e yearrrr, wat was it were u guys talkin bout fair price?wat exactly n by d way y r u guys confused bout Access bank? let mi start by sayin DO NOT USED P/E ratio 4any calculation, EPS is d rit choice, i want u all 2take a luk at wat i attached,
AccessBank is a gud buy!!if u wnt to buy,buy on d floor
watchout 4my analysis on saturday i guess dat will b d end of Discussion

@ femlaj n Iwerebor

Femlaj!! the level of truth in easimoni advise is rili high but its not 100% i most say, remember presently we av so much money chasin few stocks so anytin can happen n besides banks r now tinkin of movin to N10 n above so anytin as i say can happen, let mi start by sayin wen u trade in stocks do not b shorter dan short term or longer dan long term quitely take ur tym 2pick d rit stock n dnt b greedy,

4 nairalanders do not used d 'P/e ratio' as d only or major criteria in analysing a stock if u av been succeedin u av 2count urself lucky cos NIgeria economic is not tit enuf 2hold d rule dat says d lower d P/E d beta d stock-NYSE is different 4m NSE o, al d easimonis n frankiriris n seuns i dey hail o - dis is my own way of enterin!!!!
Factors dat can drive d price of a stock include
--price of other stocks
--bonus rumour(also dividend rumour)
--institutional investment/divestment
--primary market activities
--illegal buy backs
--market forces(market sentiments)
--GENERAL MARKET/ECONOMIC STATE
--artificial market making
--STRONG EARNINGS REPORTS(PAT,EPS,GROWTH RATE,PEG,lastly P/E ratio)
--technical suspension-pre n post
all of dese fall unda 3 headins namely
1.Market Hearsay
2.D fundamentals of d company
3.D law of demand n supply
remember common sense is also necessary,

Iwerebor!!
u av 2b very very careful in d stock to buy dat can give u gud returns in 3mnths tym, u can invest n get gud returns in d next 3mnths n u can also invest n tie down ur money in d next 3mnths its a fifty fifty tin so i'll say if rili u nid d money in 3mnths tym dnt invest but if u want to b stubborn lik mi n give it a try welcome on board,


let mi start,
FIDELITY is a gud buy dere AGM is within a couple of days so anytin can happen dey r tinkin of share reconstruction n also a public offer of N100billion so d best tym 2enter is now n wait 4 d AGM if d rumour holds stay put n run b4 d suspension 4 d PO or run if d conclusion in d AGM is not satisfactory,
WEMA bank is also a gud buy-its one of d peers of FIDELITY, dey r also tinkin of comin out to raise funds d gud tin is dat dey r tinkin of raisin N100billion n dere audited report will soon hit d market so board d plane n stay put if notin happens within a mnth boy jump off d plane without d pilot knowin
ZENITH bank?? YES ZENITH!! do u no dat bank?do u no dat dey av not given bonus shares b4?do u no dat at d beginnin of d year JIM OVIA d CEO said his bank shud b rated n b along side FBN?do u no dat 4his bank 2b rated as FBN dey shud b considerin givin bonus shares 4 d first tym? n do u no dat d FYE is JUNE n we r in JULY?do u no dat 4now banks can not b traded at N60 n above?who will buy by d way!!do u no dat wen d price of a bank is as high as dat d chances of d bank givin bonus is very very high?do u no dat bonus shares is given in exchange 4money as in ur shares will increase in dat company n d price will reduced in such a way dat it will b equivalent to wen d price is high n no bonus shares is/r given??do u no dat dere is a market rumour of one for two??do u no dat u can buy now n wait if no bonus u can stil escape??but its a big but o as in BUT u av to sleep very close to ur fone in orda to call ur stockbroker n also close to ur computer dat is connected to internet in orda to check price list,
AFRIBANK U AV FIND
AM TIRED 4NOW GUESS I'LL CONTINUE SOON SAY IN TWO DAYS TYM, GURUS PLS COMMENT ON MY FINDINGS,
LASTLY,,,STAYAWAY 4m public offers n stay away 4m insurance sector(dey r stil doin dere capitalisation stuff), Alwys remember HIGH RISK IS D FATHER OF HIGH RETURNS, dey r birds of a , u no na!!!!!!
i'll talk on medium term soon,
N NAIRALANDERS i no it will b a shock but i av to say it do u no dat dere is notin absolutely notin lik LONG TERM STOCKS!!!!let mi explain a stock is only gud as long as d fundamental is gud, so if u pick a stock n consider it as a long term durin u stay wen d fundamentals go bad wat do u do?stay put cos its a long term or buy another company with gud fundamentals?? so lets reason ladies n gentlemen,
ope Femlaj i said sumtin 2u,
my email add is psytarry@yahoo.com letz analyse 2gether

UBA OCEANIC ZENITH

Earnings 20,500,000,000 16,000,000,000 20,500,000,000
Shares 8,472,000,000 11,642,006,625 9,265,524,300
EPS 2.4197356 1.374333525 2.212502967
P/E 18.81 18.53 25.18
Current Price 37.99 19.53 47.91
P/E @ Price 15.70006244 14.21052434 21.65420825
Growth 47.62 34.45 78.45
PEG 0.3950021 0.54435 0.32096877
FP afta end of year 115.2278093 46.78231318 173.5708577
Trading Band
E P at P/E 45.51522663 25.46640021 55.7108247
E P at Peers Lowest P/E 44.83770066 25.46640021 40.99767997
E P at Peers highest P/E 60.9289424 34.60571815 55.7108247
Possible G/L at Low P/E 18.02500832 30.39631446 -14.4277187
Possible G at Est Price @ P/E 19.80844072 30.39631446 16.28224733
Possible G/L at High P/E 60.38152777 77.19261727 16.28224733
FY 30-Sep 30-Sep 30-Jun


where FY means financial year end
E P means Estimated price
F P means fair price
G/L means gain/loss
i have list of banks projections bt cos of space so i decided to only show jst three companies, this is my own typ of valuation that has been helpin mi think it wil help sumbdy here2, i used IBTC n many more, UBA is stil a gud buy,4Oceanic hold n Zenith a big HOLD even if its overpriced-i did this 2months ago, My latest projection 4Zenith is N65, dis my no 08060955473,email:psytarry@yahoo.com, i'll luv 2work wit u guys nairalanders-it dat d name??God bless u guys

hi!!!
let mi ci if i can help!!!
Mutual benefit Assurance wil hit N5
crusader wil hit N9
Oceanic wil N35
UBA wil hit N50
Diamond wil hit N15
all tins being equal Zenith wil hit N60 b4 bonus wil b announced
wema a N10 stock
Fedility a N10 stock etc
dey r al based on analysis u can try any of dem i bet u,u wot regret it,

Hi everybody!!!jst registered n i tink i lik dis site-concerning ur question of First Bank PO itz  coming out on the 14th of May to raise N100B, it will float a rit issue of 1,496,762,682 ordinary shares of 50kobo each at N31 per share on the basis of one for seven shares already held and a public offer of 1,624,253,238 ordinary shares of 50kobo at N33 per share respectively.
   2ndly-UBA n FBN i most say r strong i'll advice us 2stop find which ever is superior n concentrate on makin Money,
  i dnt wnt 2suggest which Bank is beta but i must say the suspension on UBA will b lifted this wk n based on analysis it will hit N50-make ur profit, First Bank Offer will b d Boom prepare 2lunch attack n there is a rumour of one for four bonus on the line, thanxxxx
  i av ideas 2share 2everybdy in terms of stocks, i ope 2b at our service, thanxxxxxxxx