BABIFAZE:

Fof2, AKTOP,WANAJ0, Pumping and the rest gurus abeg say something about Starcom bid.
you guys sure do know how the bidding process work in PP.

I appreciate what you guys are doing here.

Big thanks.

Sorry, I have no idea. Make me sef dey watch out for the answer to your question.

pages:

@ All What do you people think of buying Spring bank at N6.00. I heard that something is brewing there ie that is there is a come back plan from the land beyond beyond

Any detail about what is brewing? It's better to have an idea before you jump in I think.

cj2008:

fellow nairalanders,whether una know say UBA dey go rights issue or not,the stock still too sweet,mk una dey their dey buy zenith and other overbloated coy`s wey they do public offer evry now and then.una eye go open when im reach 95 naira.
This is my own price target which i will be remembered for at the annoucement of its full year results(reme that they will include oct-dec to their full year result)

Chei!!! You let the cat out of the bag. How does N3 dividend per share feel? Belly belly good. That is the only reason I am considering them again. Not now though.

shigidi:

pumping, i don't think UBA will go on TS again, im pretty sure that the additional shares is for a bonus or for some foreign investors, either way, the stock is too sweet

Thank you. Make dem no go give me heart attack before I buy the tin sef

husu:

@cj2008,
u've forgoten that the proposed right issue by UBA will affect the price somehow.

Chei!!! Is UBA planning rights issue? Talk now o

Eh eh. It appears folks will start positioning for Zenith and UBA as well as Oceanic don represent. Might be better than chasing Oceanic for now. Moreover, PO shares go soon cause turbulence.

Me dey look sha.

stocknrock:

please does anyone have a recent spreadsheet, with recent earnings and price? i have one but it is not updated. i would really appreciate your help. thanks.

Let me give you what I have minus the analysis page. Try to keep it updated though even during the bull season  . Since the bears came I have been inundated with the request for this spreadsheet.

I shared this towards the end of last year so I'm surprised I keep getting emails asking for the updated version. I use the daily FSDH spreadsheet to update it.

I got most of my original data from Wanaj0(thanks again) but I've kept it updated since. Like I've repeated many times, I cannot share my analysis page anymore because it has a lot of comments with my name attached to it and I can't go through the pain of deleting each, one at a time. Removing all the comments which is possible with a single click of the mouse  will make the spreadsheet very misleading especially regarding outstanding shares and how I have arrived at my valuations.

So here goes.


Go to www.yahoo.com/briefcase and login with

user: newnaira1
password: helpme

You will find the file in the "My Documents" folder.

Achika:

Father of 2, pumping, invisible and all the gurus in the house, abeg this starcomms deal, is it a good deal. i have read the propectus but need confirmation from the gurus. really waiting for a reply. Thanks

I've not seen the prospectus. Please can you share this for analysis?

FatherOF2:

I'm so so so happy to see all my brothers and sisters back home. Now i can have my first peacefull weekend.
Aktopgun, Yodi, Easimoni, Krrush,Shigidi,Iconbull, mastermove,pumping,invisible,osazeet, ONE & ONLY MASTER IOMA, Kevynbash. I know my WANAJO is lurking somewhere.Wind will soon blow wendy back, the Rough[/b]ly[b]cut southafrican diamond etc.
[b]Can i offer you all drinks[/b], i know you must all be very tired after your long stay in the Desert. The Desert can be a dangerous place you know. Don't go back anylonger.

I won't refuse the offer of drinks o  My brand is C-g-ac. Don't worry about the desert. Rain go soon fall for there Make you come visit us there sometimes now, I get drink for you there too o,

tommy t:

[url=http://www.fidelityunionsecng.com/index.aspx[url=http://]]][/url]http://www.fidelityunionsecng.com/index.aspx[url][/url]

Nice one. Thanks.

adewaleafolabi:

Whats up with japul oil its been rising, is it a good time to sell ?

I think by the time it starts smelling N15 you should sell if you are just in for quick CICO . Profit takers will soon depress the price again.

People fear the release of the PO certificates but I don't think these matter because the PO certificates don't qualify for dividends or bonus so they can't be verified. This means even if you CICO, holding the stock close to the announcement of full year results may also be rewarding. They have only few shares to cater for this financial year. A bit like Oceanic. Just don't hold the stock up to the closure date because most likely the PO shares will be listed immediately after.

husu:

@father of two,
See how the rumour of plenty return money is pushing up the price of AIICO insurance.My own thinking sha.

If you are holding Aiico be vigilant so you can cash out. If the PO certificates meet you, he fit hard small.

tommy t:

Oga pumping777
is nice to see you post here,
welcome back o

Thanks. I dey.

FatherOF2:

@ Pumping

Nice to see you oh. Make you still dey oh, i need you here too. Na two yansh God give us. You fit put your left yansh for another place. But leave the important right yansh for here. This is the real PANADOL.

I full ground make I dey represent. I don take your advice nail the right yansh for here berekete. Good to read your posts again

Femtex:

I will say, thread softly on Adswitch. I have EPS of 4.16K with PE ratio of 156.98. This is based on their quarter two result which I doubled with outstanding shares of 125m. If it’s up to me, this is a no go area.

I believe Glasosmith is good at today’s price (or it might go a little lower). I guess people responded to the result by dumping the stock when the FY result fails to meet expectation. I guess many people were probably expecting bonus, instead of the 45K dividend they are now paying. Based on today's price, its trailing PE is about 24 which put it in my buy list.

The only problem is that GSK dropped PAT year on year so the forward PE can be around 27 if it drops PAT again by the same margin.

kc08:

I have 2m i intend to send to naija now that the market is geting better to enter. I would like to have your suggestions of what company or companies to buy their stock that will give me a great yield.

Fatherof2 and all the gurus in the house, please I need your help.

Take your decision after the money is with your broker and you can strike. A recommendation given today may not be reasonable in a week's time. Morever, you have not mentioned the time frame you have in mind.

For those that asked, I still dey but I don become silent reader small.

SuperGuy:

FO2, WANAJO AND OTHERS ON THIS THREAD.

I am deeply touched and surprised that you guys are still posting here
despite the bandwagon movement. I want to personally salute your courage,
it shows clearly that you guys are mature men and not boys. You have also
demnstrated good leadership qualities. Please keep up the good work, just
know that someone, somewhere is being impacted by your action and
you are appreciated.

In any open forum, people should realise that you are bound to fight, settle
scores and move on, it must never be total. Diverse issues will be raised, and
truth is always bitter and difficult to swallow; wrong approach does not
invalidate the truth or issues being passed across, but we must be seen to
dissect the truth, hold unto it and amend our ways. Abandonment of any
kind does not resolve issues, you are only postponing the resolution day for
it will surely arise later.

A food for thoughts please and have a wonderful investment seasons and be expectant
of the BULL SEASON THAT IS AT HAND AND MAKE GOOD USE OF THE BOUNTIFUL
OPPORTUNITIES.

Amen. But you dey vex sha o

Oya, wetin una dey share?

Happy Easter to everyone.

Wetin sele for the other thread?

pumping777:

Chei!!! See me see wrong answer!!

Some bungalows fit go get staircase??

Mr. Risky:

OMG, I don see wetin Pumping777 no fit ANALYSE today . Good you no go fit know everything. The answer is YESTERDAY, TODAY, TOMORROW

Chei!!! See me see wrong answer!!

Mr. Risky:

Now, this is a BIG BONUS for you. Quick, quick, name three consecutive days without the mention of Monday, Tuesday, Wednesday, Thursday, Friday, Saturday or Sunday. Oya quick, quick

1st, 2nd and 3rd of January. Maybe.

invisible!:


This should be very easy to answer since it was on the news then.

Who can tell me the prominent world leader that visited President Yar Adua at Aso rock on the 30th of February 2008?

Abeg which calendar was in use then??

The One:

@loma

Jack and Jill went up a hill to fetch a pail of water
Jack fell down and broke his head and Jill came tumbling after

You are too much!!! Keeping it short and simple!!!

Omoba3:

Loma: Make I try small

A research team went to the top of a mountain in search of a sample of liquid hydride oxygen, using a large container. A member of the team fell suddenly down the mountain suffering severe damage to his brain. Subsequently, the second team member also had a fall, rolling down the mountain.

how i tak do? try, pass or fail??

Nice brain teaser

Make I help small.

Water

Prince11:

@Pumping/All; Please comments/critique,

I observed that both Oceanic, UBA and Mutual benefit are at an all time low! and are sound
Mutual will be doing IPO a some point, but I don't see them going on a PO at less than 6.00. UBA and Oceanic are very tempting indeed, which one of them do you will likely be more rewarding in the long term, about 9 month from now !

Chellarams has increased by abot 7% from its recent low, is the surrent price still good enogh for entry?

Thanks.

I think you are looking at this just from the technical point of view.

Fundamentally UBA, Oceanic and Chellarams are good value but Mutual Benefit is not. Many stocks that are not fundamentally strong are seeing their lowest prices in the last 2 weeks or so. There is no assurance that these will not even sink lower especially insurance stocks that seem to now be out of favour. It is better to wait for a stock like Mbenefit to bottom out before you enter.

If Chellerams should grow their PAT by just 25% this year, the forward PE will be round 19. Now consider the fact that they grew PAT by over 200% last year. What if they hit 50% this year?

Back to your question, if you are looking at 9 months from now just extend it to one year and load up on UBA and Oceanic. Chei, I go dey envy by that time if I don't grab copies at a shop near me too.

@Loma - I never stop laughing since I read this your fisherman cartoon o. The fish come look like GCappa for my eyes

jideakin1:

@Pumping I sent something on the otherside, abeg respond.

Which other side? My email?

@savvyLanre - I don respond.

Malaga:

Meristem are fund of outdated data's (check the accuracy of the Coy's outstanding no of shares they have.).  Oya where is their office. looking at those results, you don't need an accountant before u know it is a hoax,
where is Afroil's office?
I know Eternaoil's office,AP,Chevron,Mobile,Conoil,Oando, where is Afroil's office are they running a paper company?

I don't understand your point again. I talk say dem release result. Which one concern me again for where dem office dey? FSDH released the same result. Na audited result sef and FSDH I think reports it correctly as full year result. End of story.

I no get Afroil and I've never bought. I'm just correcting your statement abi na bad thing? It appears you were so impressed by this meeting, you don't think it is necessary to check any information you are given. Next time wey you dey go dat kin place, make you send me ticket make I join you  

Malaga:

where is their office in Nigeria this company was closed down in 2001.  who released the result The guys in proshare had a semina this afternoon in Lagos sharaton Hotel. Am just coming back from that semina more than 500 attendance. i got that information from the facilitators. Afroil closed down in 2001.

You now have the task of locating their office in Nigeria.  what is their website.  Oya Pumping show me their result of 2006. Result could be released from any body's bed room. was that result released in the floor of the NSE?  This is a fraud.!!!

Why you come dey give me assignment now?  You no come call me when you dey go attend the meeting sha o. As I talk, wether the company dey dead or alive, me no sabi.  Wether them get office, no idea. Wetin I talk be say NSE release result for them last year on the 18th of April, 2007.

Oya take but you go pay for this my research o 

AFROIL PLC
AUDITED Q1 ACCOUNT FOR THE YEAR ENDED 31ST DECEMBER, 2006
PERIOD 2006 2005 ABSOLUTE CHANGE %CHANGE
TURNOVER (N' m) 25.230 29.855 -4.63 -18.3%
(LOSS)/PBT (N'm) -10.325 -5.619 -4.71 45.6%
TAXATION (N'm) 1.326 0.216 1.11 83.7%
(LOSS)/PAT (N'm) -11.651 -5.835 -5.82 49.9%

From Meristem

Malaga:

Afroil is a dead company. Afroil have no office in Nigeria. Afroil was closed down in 2001. since 2001 there has never been any financials of Afroil. This is a fraud against the investing public. My heart goes to those who invested in this Fraud.

Please check your facts again. I am not disputing that this is a dead company and I am not supporting the assertion either.

Afroil released Full Year results for 2006 in April last year.

dvonne:

Please i have Japaul oil, Transcorp and Livestock that i just bought recently day after i bought it started bleeding, lol, i am lucky as i only bought very little as i am only experimenting this Stock thing,
Don't know if i shld count my lose and sell and put the money in ABC transport,ikeja hotels or where,
To be honest,been reading this thread religiously for about a week now
please can someone please suggest 2 good fundamental stock the bear has beaten that i can enter for meduim term
Also shares that i should have for long term
as well _cico, _{I hope my ignorance is not too glaring}

Selling is one thing, buying something good with the money is another. I don't think this is the time to buy Ikeja Hotels after missing the recent bull run. Profit takers can strike any moment.

ABC is not fundamentally sound either so if you can buy it, you might as well stick with Japuaul since it has also shed a lot of weight.

These are my suggestions of what to buy now. Caveat Emptor Abeg.

Medium Term - Beta Glass
Long Term: UBA/Oceanic/Chellarams

Sorry I won't be able to dissect these stocks now. If you check previous posts, you will find posts in which I gave reasons for buying Beta Glass and Chellarams. As for UBA and Oceanic, these are undervalued but it may take a while for the market to wake up.

Good luck.