Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,165,539 members, 7,861,558 topics. Date: Saturday, 15 June 2024 at 02:32 PM |
Nairaland Forum / Pumping777's Profile / Pumping777's Posts
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (of 49 pages)
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 5:23pm On Mar 20, 2008 |
debenzd: I think they are releasing these ones just before Easter to minimize the negative impact. I have no doubt that it could be on an upward trend but this may have nothing to do with wether the results are good or bad. In fact, the worse the results, the better for the positive movement |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 5:14pm On Mar 20, 2008 |
igbanbajo: That is around 27% premium at N9.28 with a forward PE of around 29x at that price. I think you should netotiate this down and look for like 15% at least or you may just end up making stipends after factoring in selling commision as well |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 5:10pm On Mar 20, 2008 |
debenzd: I have the same. You have to look at CCNN's result very well over the course of the year. It appears they dropped PAT in Q-3 and only added to PAT marginally in Q-4. They already declared PAT of N0.19B in Q-3 but ended the year with N0.14B. This is not my favourite sector at the moment. |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 4:42pm On Mar 20, 2008 |
easimoni: Na only shigidi you sabi tell? No start that one o Chei, I feel you on these ones sha. |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 4:38pm On Mar 20, 2008 |
CUTIX Q-3 is also out but I can't paste it in the format I have. If anyone has it, share. |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 4:37pm On Mar 20, 2008 |
CCNN: YEAR END DEC 31 2007 CEMENT COMPANY OF NORTHERN NIGERIA PLC YEAR ENDED DECEMBER 31, 2007 TURNOVER 07 N8.042b, 06 N6.374b PBT 07 N172.848m, 06 (N10.443m) TAXATION 07 (N34.185m) 06 (N24.512m) PAT 07 N138.6m, 06 (N34.955m) PROPOSED DIVIDEND 10 KOBO CLOSURE DATE APRIL 15-22, 2008 PAYMENT PAYMENT 23,2008 AGM: APRIL 23 2008 AT SOKOTO. |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 4:34pm On Mar 20, 2008 |
AP: YEAR END DEC 31 2007 AFRICAN PETROLEUM PLC, AUDITED ACCOUNT FOR THE YEAR ENDED 31 DECEMBER 2007 TURNOVER 07 N102.026b, 06 N81.934b EXCEPTIONAL ITEMS 07 N1.1b, 06 N210.363m PBT 07 N7.049b, 06 N2.437b TAXATION 07 N7.049b, 06 N2.437b TAXATION 07 (N1.347b) 06 (N276.1m) PAT 07 N5.701b, 06 N2.161b PROPOSED DIVIDEND N7 CLOSURE DATE 15TH APRIL - 23RD APRIL 2008 PAYMENT DATE MAY 2ND 2008 AGM: 29TH APRIL 2008. ---------------------- |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 10:13pm On Mar 19, 2008 |
windywendy: I see it this way. Guys that want to buy into companies are targeting low cap companies since this have the greatest potential of expansion. I don't know what happened in Naija in the last couple of years that opened peoples eyes. Now folks are smarter but maybe it's because it is just now many of these companies have become viable. Can you imagine how many companies in Nigeria as early as 2 years ago that had caps below N2B and were doing good business? Some were only struggling because of operating expenses and casflow and were looking for bail outs. Quite a number of them even as early as beginning of last year. This is one of the reasons many have to go and do PO and increase the capital base. This is the reason why low cap companies will have prices hitting the roof because the first strike is for investors to try and accumulate as many shares as possible thereby spiking the price. For me, this is the cue to making serious money this year. As an example, this is why a company like G Cappa will not rest until it's capitalization gets out of the one man poaching zone. Currently it has a capitalization of just N1.63B!!!. It must move just like SCOA. |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 8:50pm On Mar 19, 2008 |
RoughCut: Make you try validate your email for me. I use the one for my box wey resemble your name. |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 8:45pm On Mar 19, 2008 |
RoughCut: I don holla you before sef. As I no come see aktopgun email I come say make I find am. |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 8:30pm On Mar 19, 2008 |
aktopgun - Abeg holla me for email addy. I have something for you but I don't think I have your email address. |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 8:12pm On Mar 19, 2008 |
presido1: I think someone asked me this question earlier. Make I try my hand. Wapco - I don't see the reason for keeping this stock at this time. The future, future may be bright but the current future is bleak. If you are in for Cico, it is a big gamble. If you are in for looo.ooong term, no problem. Guinness - Medium term (you will need to hold till like the end of the year for FY ending June results) this is okay. Don't expect any major leap until after the end of year results. Based on the sterling performance by NB, I will expect them to pick up on their otherwise slow year. Fundamantally this is still a very strong stock. |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 6:11pm On Mar 19, 2008 |
yodiyokun: I no do 360 degrees ke. I just shift 30 degrees north. As the market mood don change, na to follow change with am. I stil dey for CICO but I want to stick to only fundamentally sound stocks for now until that raging bull shows face again. |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 3:41pm On Mar 19, 2008 |
tkb417: If you want to enter Big Treat based on sentiments, it is attractive based on the recent bear run. However, the technical charts don't really support this yet. The candles suggest there is still some bleeding to come and the RSI is not yet in the oversold region. Buiying tomorrow can only be based on sentiments that it has been falling for so long and if you are worried your broker will not get when prices stabilize. Fundamentally, Big Treat is overpriced. The forward PE is around 92x so this increases the risk and you have to determine if you have the heart for such risk in the current bearish market. The candlestickss also does not support buying ABC tomorrow. The stock opened and closed at the lowest price of the day without any movement and the volume was low. This suggests that there are still sellers waiting to sell who did not get buyers. Fundamentally, ABC is also fairly expensive with a forward PE of around 52x. It appears that this will be a good medium to long term stock though but you may just want to wait for the stock price to bottom out before you pick up some. Caveat Empty. Good luck. |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 3:29pm On Mar 19, 2008 |
shigidi: I'm with you on this Beta Glass. I am stocking up on this because I believe they will deliver. They have never given a bonus so I'm not so hopeful in that area but like you said if they keep up with their performance this is a sound value stock. You have a good point about holding on to your fundamental stocks. Just remember to sell your fundamental stocks when they are likely to take a beating and buy them later. My strategy is very similar to yours. Low caps with good fundamentals. Not necessarily low nominal price but instead low capitalization which is why Beta Glass and for instance Chellarams will make the list. The same reason why now many insurance stocks will not make my list despite the low nominal price. This also led me to Ikeja Hotels and am I glad that I picked up a large volume again after a couple of CICO with the stock. There are just a handful of these stocks on the NSE at the moment anyway and some are difficult to get. I could not believe my luck with the quantity of Chellarams I bought. With the low volumes on sale, on some days, I ended up being the one that bought all the shares on offer and even below my bid price so now I have a reasonable sum. |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 3:10pm On Mar 19, 2008 |
beginner: Based on current information, one will consider the stock expensive right now. The forward PE is around 49x. However, I suppose the PAT is going to exceed expectations, so the valuation may become positive then. The only thing is that it appears a lot of this valuation has already beena added to the current price going by the recent bull run. One thing we just must remember about the bull run of a stock. Everyday subtracts one day from the period the bull run will last. So the longer the stock has been on a bull run, the more likely it is that it will end soon. If you get in towards the end, you end up playing into the hands of profit takers. An exception will be in a case where the stock is still undervalued. SCOA comes to mind. |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 2:14pm On Mar 19, 2008 |
yodiyokun: I feels it's just another joke sha. This Loma is going to kill someone with laughter one of these days |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 11:22pm On Mar 18, 2008 |
shigidi: For Beta Glass Company Plc, the third quarter after tax profit for the period ended September 30, 2007 stood at N514 million, compared with N235 million in 2006, on a turnover which rose from N3.63 billion to N5.4 billion. From proshare. |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 7:37pm On Mar 18, 2008 |
Ap@che: I think they made a loss in Q-4. They already made PAT of N1.6B in Q-3 they've now ended the year with N1.25B meaning a loss of N0.35B in Q-4. |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 7:27pm On Mar 18, 2008 |
easimoni: Abeg who be "CHIEF" and who be "OLU" abi na "PA" abi na "1971"?? Me no even read the documents. The tone of the original email already put me off. When I refused to paste the docs some folks thought I was hoarding the thing. I get million million this, I get million million that. |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 6:59pm On Mar 18, 2008 |
greentree: I'm not complaining. You no see my smile Those that choose to understand my point will do so. |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 6:30pm On Mar 18, 2008 |
I always say my own. See the email I was sent by Napoleons "PA" ---------------------- ----- Forwarded Message ---- From: Ola Fajemirokun <fajemirokunoat yahoo dot com> To: Pumping Garro <pumping777 at yahoo dot com> Sent: Monday, March 17, 2008 3:51:25 PM Subject: Re: Fwd: Email Follow Up You are clearly highly immature. I have no idea how you met the Chief but it was due to his request I sent you what I was asked to do okay. I have realised that I should not have gone further to add my own narrative but should have only sent you the links. Then none of this embarrassment would have taken place. You went ahead to not only forward links which I told you were confidential but you also emailed around the email I wrote to you. You knew exactly what you were doing. I will not allow somebody like you to put me in a position whereby my inbox gets spammed by fraudsters like yourself. I am serious minded person and have no time for small pocketed chaff. End of discussion. Never you forward my mail again whoever you are. ------------------------ You see why I refused to paste the links? So I should have pasted the links and had my own email bombarded by folks asking about a PP I know nothing about? The guy announced here that he was sending me documents to share with the house and then I share it, he says it was meant only for me? I sent him back his links to paste himself but na lie. See wahala in the house? Armed robbers full everywhere PA ko, daughter ni. |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 6:01pm On Mar 18, 2008 |
Am I dreaming or did BCC make a loss Q-4? |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 5:17pm On Mar 18, 2008 |
damoche07: Well, at least Highlander has fooled you whoever it is, no pun intended You have forgotten it is quite easy to track users via IP address and I can't even imagine why you think this is my duplicate. When you suspect something, make sure you nail it on the head before you come out with it. Someone may find what you written there offensive. I don't. I suppose you have no ulterior motive. You are suspicious and probably want some confirmation. If someone decides to duplicate him or herself, good luck. My own na to read wetin person write. There were some conversations here last week which I know up to 99% are dodgy and by rogues trying to damage this thread and I'm not referring to the arguement between some folks a few weeks ago. I wanted to warn folks about it but I decided it is better to wait and get more concrete evidence. I thougt it was better to be sure than smart. Oya, wetin by your own duplicate?? |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 5:09pm On Mar 18, 2008 |
aktopgun: My man!!! By the legend of the candles, I remain loyal. Nowhere to hide na my employers wey dey give me work wey pass my salary |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 2:54pm On Mar 18, 2008 |
At least me tell una to sell your bank stocks and chop good money elsewhere. Oya, see the UBA I sold at N51 and Diamond at almost N22 about 2 or 3 weeks ago. I did not make a profit then but at least I used the money to enter Ikeja Hotels, CIleasing (already out), Lawunion (already out), Chellarams and Beta Glass and I'm looking good. If I go back and buy those bank stocks now, I have still made reverse profit even if I did not trade with the money. One way to have some hope of beating the NSE is to be devoid of any sentiments. |
Business / Re: Cashcraft - Thieves Or A Broker by pumping777(m): 10:32pm On Mar 17, 2008 |
Dejipumpin: You've got to be kidding me. You sound more like a Cashcraft employee. I have given cashcraft a very long rope and they have shown me sufficient proof that they cannot deliver good service if their licence depended on it. This is a thoroughly imcompetent company that does not deserve patronage from any serious minded person. The company also has in its employement a bunch of very dishonest account officers that try to cut corners to make a cut out of your transactions. This is a useless company and I will challenge anyone that wants to defend them. Why will it take 5 months for cashcraft to pay a customer the proceeds of a sale? That is corporate stealing. |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 6:09pm On Mar 17, 2008 |
Make una dey see Ikeja Hotels sef with 94M units in 39 deals Something dey sele for here o and na hide and seek. The accumulators waited for the price to dip a bit today before pouncing. See strategy for NSE Se una don dey see as GDR volume dey worry Diamond? 37M units. |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 4:16pm On Mar 17, 2008 |
debenzd: I fit? You suppose know say I know fit chop alone. See my earlier posts below. pumping777: pumping777: I no fit talk pass that one na as I no be the company secretary |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 3:37pm On Mar 17, 2008 |
Highlander: I dey relax inside this one too |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 2:48pm On Mar 17, 2008 |
lawalidowu: I get too. First we need to know when the register closes. I'm sure the register cannot close tomorrow because at the earliest the result was released today. In this case if you sell tomorrow, you don't get dividend or bonus. No, people will not start selling off. Obviously the rumour of bonus here had been kept under a lid so the stock price had not really appreciated to reflect this bonus. Expect around another 20% increase or more based on 1 for 4 bonus. Now, if you are someone who likes accumulating bonus shares, then you can decide to wait until after the closure date to sell. It all depends on you. Also, note that depending on how good the results were and how much the price appreciates before the mark down, the stock may head up north again even after mark down. This is not usually the case but a recent example is Deap. If you want to take profit, then try to sell as close to the closure of the register as possible or until you see the price stabilizing. My expectation is around N38 but this will be clearer after seeing the results. |
Investment / Re: Stock Market Tips For Nigerians by pumping777(m): 2:18pm On Mar 17, 2008 |
RT Briscoe Chei!!! Finally representing. So the rumour jist correct? Thank God for patience. I bin say it was still okay to buy at N32 about 2 weeks ago se? I think it would have been a good idea. Abeg, anyone with the results? |
(1) (2) (3) (4) (5) (6) (7) (8) (9) (10) (of 49 pages)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 90 |