Pumping777's Posts
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tonyjon:I think it is better you and your brother make some choices based on your own initial analsis and send to the house for further analysis. Then based on your risk appetite and the analysis of boyz and girls in the house, you can decide. Good luck. |
dollyp1cute: ![]() |
shigidi:Well, almost 4%. The strongest rumour relates to an extraordinary item on the AGM agenda next Friday. UBA wants to increase it's authorized share capital to 15B and some folks feel that this is because of a PO. I suspect it is more likely to be for a bonus. UBA is seriously due for a bonus and since they have already issued 11.5B shares out of the authorized share capital of 12B this is not possible without the increase. Let's keep our fingers crossed sha. This is Naija. Anything can happen. Anyway, even if UBA lists 15B shares it still has better fundamentals than more than 70% of the banking stocks and can afford to cut N2 DPS. |
faketan:You will find some literature here. http://www.investopedia.com/articles/fundamental/03/022603.asp |
esco399:By yo-yo in this case, I mean that the stock has been going sideways like I said in my post. No cyclic movement. That is why I dumped it. No chance for a reasonable margin for the weeks I held it. A long term candidate in my opinion. |
tonyjon:Flour wetin? I dumped that stock like 3 weeks ago. It was a yo-yo stock only good at moving sideways . There are several stocks that will do better than Flour Mills long term or short term. Don't get me wrong, it can do N100, but that is no fantastic margin looking at it's current price of N83. |
[quote author=invisible! link=topic=31554.msg1855586#msg1855586 date=1200433444]Not too late to buy japaul, if the bonus rumor is connfirmed, the company will likely do about N12. Depending on the bonus ratio.[/quote]Based on their issued share capital, they cannot go for 1:1 but they can easily accomodate 1:2 or even higher. I don't think it is too late. The bull run of the stock cannot continue till March or April when the results will be announced. There should be some dips which provide the opportunity to hop on. As invisible! posted, announcement of the bonus will still push up the price. One just has to hope that there is no major dip in price before then. And the point raised by Mr. Risky. Very valid. It depends on your risk appetite. I will not buy Japaul at its current price unless you put a gun to my head. Dead fundamentals. |
windywendy:I think this is almost certain. Remember the PO was at N3.95 and new shares don't qualify for dividends or bonus?? The PO discount will end up being artificial. Another First Bank. |
tonyjon:I feel this sector will have a hard time dealing with lower margins because of the high cost of production especially the cost of energy. A lot will depend on the price that the importers are able to bring the cement into Nigeria. If it is well below the local price of Cement, these all cement companies including Wapco will have a hard time. For me though, I feel that Wapco will definitely weather the storm though it will not be a candidate in my portfolio right now. Short or long term. |
[quote author=top_kin link=topic=31554.msg1855496#msg1855496 date=1200431784]I am sooooooooo happy with the Japaul i bought Omo, i don hama!!! [/quote]Chei!! ![]() |
windywendy:Thanks. Good for me I kept the part of my excel sheet with the history of number of deals because Aptistock and Metastock does not store this data. |
windywendy:Ha. This is how we know those that went to Harvard. High volatility and serious volume. I now have a list. Now I have to sift for low nominal price and reasonable fundamentals. Chei. I feel like someone playing the slot machines. It's not personal tax refund that is holding yodiyokun. I have not even started my own. I have sent appeal to IRS to let me make my returns to Naija tax office. Awaiting their response. I believe this is related to one of her functions at work. |
grabdaloot:In the case of Livestock, poor results and followed by further dilution of shares due to private placment with 3 investors. End result? Over 50% capital appreciation. I beg, I am looking from some Unilag (or Harvard) professor to explain the behaviour of this NSE. Fo2 - I heard that the meeting between you and Madam Ndidi delayed start of trading today. Make you take your time o. @yodiyokun - Where are you now Na USA go first do Tax returns They do it in Nigeria too now and all our Accountants and Auditors are still in the house. I go vex for IRS o. |
easimoni:@windywendy I beg, Let us wait for IkejaHotel to drop for N5.50 before we enter ke. It WAS on its way Very slow but steady. |
[quote author=Babs_O link=topic=31554.msg1855150#msg1855150 date=1200425107]Ummm Please tell me if you spot one. Hope you are not working on the simple theory. Please tell me when you spot one. How will I know when you even say it I find it hard to follow this thread as it grows too Fast. Mail me @ StockMarketNigeria?[/quote]So you are here Actually this is a follow up on our discussion and your theory on the sister thread and I just sent you a post there. I think your theory is very correct based on analysis I have done so far and I want to explore it. I will keep you posted over there if I find one. |
ebony9ja:Unfortunately no luck in getting on Friday. My bid was too low. Let's see if some profit takers will give us a depression cycle. |
faketan:Risky but I will look for one low nominal priced stock (compared to others in the same industry) that I can ride on during the next bull run whenever that is. It must of course trade adequate volumes and have fair fundamentals. It's not as easy as it sounds though but I am digging in. |
easimoni:I have looked at every scenario possible and I can't see on good reason for downgrading UBA from a BUY. Another story. We need to take a better look at the impact of the nominal price of stocks. If one looks closely, you will find that the stocks that have appreciated the most this year are fundamentally expensive stocks with low nominal value. Check out Oasis insurance and some other insurance stocks. Wapic has moved from N7 to N11 (about 55%) since the insurance funds were released but stocks like Oasis have done more than 100% with no fundamentals to speak of!!! Everywhere I have been looking on the NSE, it is the same story. |
Chei. If UBA should slap us with PO and TS I go fight o ![]() Someone should send me the conferencing details to the AGM make I go air my opinion jare.Well. Looking on the bright side. Even if UBA lists the entire 15B shares, the forward PE is still around 20 (but add another 5 for the risk of the cowboy CEO ) making 25. |
4wheel:Just use the refresh button on your browser. The browser is likely displaying a cached page. Browsers can be set this way to aid performance. |
mishooo:The insurance companies had not received the Recap monies by the end of Q-3. The Recap monies came around November, December but the end of Q-3 for the insurance companies is end of September. |
Naijadr:AMEN. |
[quote author=no_shaking link=topic=31554.msg1853868#msg1853868 date=1200404920]UNIC Q3 Result just out! Market opened late because oga patapata dey brief stock brokers etc all morning! UNIC INSURANCE PLC NINE MONTHS RESULTS FOR THE PERIOD ENDED 30-09-2007 2007 2006 %CHANGE TURNOVER N1.389b N1.568b (11.41) PROFIT BEFORE TAXATION N332.440m N338.226m (1.71) TAXATION (N50.587m) (N31.384m) PROFIT AFTER TAXATION N281.853m N306.842m (8.14) [/quote]Another poor result from insurance. Check the trend in insurance. The last 3 insurance results have been very poor. Na wa o. After half year PAT of N250M? ![]() |
Safive:Ha. This can also be to take care of bonus issue at the end of this fiscal year. Of course it can also be for a PO because that is an additional 3B shares which will translate to N120B if offered at N40 in a PO. |
jdizzy:It is not free money. The stock is marked down in price and usually drops in price immediately after since investors lose interest. Often you make more money selling early while the price is still high though you now don't get the dividends. |
easimoni:I will join you there. The behaviour of the stock is strange. Are they planning PO that is chasing institutional investors?? ![]() |
Krrush:To be fair, Fidelity has grown it's PAT over 2 periods from the time it went on TS and when TS was lifted, so it's fundamentals don't look bad anymore. Looking at the banking sector right now, I think N10.50 will be a fair price looking short to medium term. This is because there are some banking stocks that I will still consider cheaper. For a long term value investor though, even N11.00 can be considered a fair price. |
Naijadr:There may be some mistake. I am with BGL. The online portal (WAS) excellent but it has been down for up to 3 months. The reason that has been given is that they are upgrading and all transactions will be possible online. Frankly I was happy with what the had before. |
@Aktopgun The Lord is your strength. All is well with Tobechukwu. I commit you and your family to the special grace and protection of God that delivers, preserves and protects in all situations. Amen. |
Naijadr:O ti o. For what now? After my commission? I don't receive ANY advice from them. I just issue buy and sell instructions. I will only expect this from a managed portfolio account. |
ebony9ja:Thanks for following through with this. As for me, I too believe you sef ![]() |
kauskey:Thanks for this!!! I hope you can make it regular to be combined with the one from kpineo. Please o. ![]() |
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Na USA go first do Tax returns