₦airaland Forum

easimoni:
Yes O. If you show your cards on this forum, peeps will beat you to the punch.

Yes o. This has been tested and verified with a wrong rumour on this thread. Na silent folks representing firms on this thread buying 10 million units of Zenith _{They know themselves}


-----------------------------------------------------------------------------------------------------------------------------------------------------------

FOR NOW POSTING IS SUSPENDED HERE BUT YOU CAN JOIN THE PARTY AT THE FORUM BELOW TO CONTINUE WHERE WE LEFT OFF.

http://www.stockmarketnigeria.com/forums/nigerian-stock-exchange/770-nigerian-stock-market-tips-12.html#post8301

Does anyone have the ratio for the rights issue for Zenith??

nzemillion:
Oga wanajo, Windywendy, Pumping 777, Easimoni and the rest landers , please do u guys think this BGL PP is a good buy?

I posted on this too. I was seriously considering it but my main worry is tying at least 7M down for so long. They have stated that listing will be in 2 years but I won't be surprised if it takes 4 years or more

In my opinion if you can wait till they get listed you will make very good returns based on what I digested from the offer document.

damoche07:
No one seems to be talking about Big treat's listing today.it didnt even gain anything.Any views on the bread and pie company.those guys also make money o.

Today was a joking one on thisaddictive  thread.Good.we can't just be too serious everyday.

@Pumping,u promised to do an analysis on the CSMA,MACD stuff on Emaachile's site.Waiting for u.

@aktopgun.whats happening?any shrilling cries of the baby yet?I suggest names like Broad(Broad street)Ndidi,Oando,AP,Zenith,Asalu,Otudeko,Japaul,PHB etc.You have a lot to chose from just to reflect the bullish stocks during the time he was born.Never,ever consider names like Transcorp,NAHCO,UNTL o,please.Anybody with brilliant NSE related names for aktopgun's baby.

I no be Shaggy o but it wasn't me!!! CS, wetin,  

I just went through the tutorial for the first time this week and posted the graph for for CILeasing as an example. It was easy because the formulars were already on the spreadsheet.

Technical analysis is new to me. It's not really my favourite but I intend to use sometimes because I figure if many folks use it for the NSE then it will work for me too. I think this is generally why it works.

easimoni:
All
In the spirit of Nairaland collaboration. Here is file 2 in the Easimoni series. The analysis tab has a coumn to the left that lins you straight to the NSE webpage for the stock you select. There are comments throughtout the file to guide you. You need the FSDH daily update to keep up with the price and trailing PE coulmns.

File 3 will be released in a week or so.

Thanks!! I am anxious to see the outstanding shares column.

shigidi:
AKTOPGUN, crusader and c and i leasing are growth stocks to me, expect returns mid to end next year, and c and i leasing is way too expensive at this price

CILeasing dropped another deserved 5% today.

RoughCut:
I will be cycling in and out of FCMB, Bank PHB and Diamond in that order(timing is very crucial). In actual fact if you buy the Diamond GDR now it works out at ~N16(cheaper than the quoted price and thanks to the weakening dollar) and i think it was mentioned it takes about 9 days to convert your GDR to ordinary shares.

Dont have the stomach for the GDR reference price nonsense those who bought the GTB GDR got ripped off when the reference price that was eventually fixed for the GDR worked out as being more expensive than those who originally bought the GDR when it was listed

You can actually elect to have your shares listed as ordinary shares from the onset and I hear the conversion fees have been waived for this too. The shares are expected to be credited in January. At a price of N16.50 this is the discount of the moment.

The bears are taking over the NSE, and I'm a happy camper,

My favrourite usernames on this forum.

1. shigidi (cannot be uprooted. O pari.)
2. yodiyokun (why?? ask again)
3. easimoni (easymoney)
4. Wanaj0 (pronounced in my mind as wanajo)

shigidi:
to all it may concern, i picked up my oceanic certificate today, nut hd to go there last week and put an extraction order, yall may want to do the same peace.
easimoni, pumping777, UNILAG FOR LIFE

Gbosa! Gbosa!! Gbosa!!!

yodiyokun:
I have sent you an email.


Thanks

I have reported.

See wetin non release on NSE results on time dey cause!!!!

I don laugh myself tire today. I just thank God say I no dey work.

yodiyokun:
@Barge,

na tough one ooo.

He dey for Uk sha dey practice his actuary there.

@Wanaj0,

So the existing shareholders actually get the sweetest deal. anyway I know you are enjoying your dangsugar since you got it soo low. Once again Thanks for that spreadsheet oo I have been updating it. I must keep your tourch alive

Hopefully it will translate to serious money in time.

@All,

Which other site send daily price list like FSDH, I want to subscribe to another website because this yeye FSDH has gone on strike since Monday.

Send me an email and I can share a tip on the FSDH thing.

EMMAACHILE:
PRICELIST 6 DEC 2007

http://emmaachile.itgo.com/

Thanks! May you walk and never stumble!!

yodiyokun:
@barge see me ooo

You must have been in the same class or a year senior to my uncle - he was in Actuarial science -  

Today I remember say I be small pickin!!!! chei.

You are bad  

yodiyokun:
@Pumping,

So the people wey dey this thread na my great grand fathers. In 1991 I was still at Federal Girls' , 1994 I never even sabi wetin I go become.

I will now start respecting my elders from now on!!!

Chei!!! See wetin I cause myself,

Anyways, I'm from the new school and elder no dey my dictionary except na me dey show the respect. It kills conversation and I can't stand it. So fire on my sister.

My people. Make una no vex for the diversion jare.

yodiyokun:
@I beg take your re-union outside  

Them don start " great akokites" --- remember there is only one great  - "Great Ife"_{funny enough I did not school at Ife}.

But I know Ife guys are lurking here somewhere and I don't wan them to be tempted to start their own reunion too!!!!!!!!!!!!

No wahala. We salute. we are brodas and sistas 

I beg make una no start o !!!!!!!

aktopgun:
@ roughcut,pumping, easimoni

u guys just had to be great akokites, u just had to be. i could feel it

nice to know

so any of u guys people i know by any chance?

Make we exchange names maybe it will ring a bell or bells sef.  I finish for class of '91 in Engineering and returned for an MBA in '94.

Send me your email or send me one at pumping777 (at) yahoo dot com.

LondonCool:
@Pumping777,

I just sent you an email .Could you kindly respond to my enquiry.

Thanks

I don salute.

aktopgun:
@easimoni

yes i did man, med school in idiaraba.

et vous?

Akokites!! I dey here o.

easimoni:
BTW, did anyone notice that the Zenith prospectus NEVER mentions PE ratio at offer price? Instead they use "earnings yield at offer price" Sneaky! Note that earnings yield (Zenith's is 4.9% at the offer price) is the inverse of PE; that gives us a forward PE of 20.4 @ the offer price and 24 at the market price. It 50% more expensive than the FCMB, Fidelity and PHB offers. I guess there's a premium to be paid for ownership in the #2 coy on the NSE (or is it for the "Ovia" name? ).

Actually they did but within the summary on page 7.

Did you look at the projected PAT for 2008? 28B?? I think they will surpass this target so they can flaunt it  

aktopgun:
what gives, can't find any info on the markest today?

anyone know whats going on? was it a trade free day today?

I bow o. Nothing anywhere, but my broker suppose don tell me if market no open today since I had to some orders for execution today.

wanaj0:
AP always being in the downstream sector. They are just joining the upstream sector.

The major thing responsible for the rise in price of AP is the resolution of the debt overhang and the taking over of NNPC share by Otedola.

That said, the margin in that sector is small. AP is lagging behind the other majors . So don't see how that translates to better profits except for market sentiments.

Conoil facing the same problem like all the other petroleum marketing companies. Dwindling profits. Untill there is full deregulation or price increase, no show.

A mix up of the two terms.`

OandO continues to grow profit. The Q-3 PAT for 2007 is already more than the Full year PAT for last year.

I had AP shares so I was following the price movement. Otedolas' impact was major no doubt. It drove the stock price from N60 to N93 and then dropped to N73. From the day the new executives were announced, the price shot up from N73 to N113 then went back to N84.  Then with this upstream   news and usual end of year rumours it rose to N148 as at yesterday.

I definitely don't support these current prices which is why I bailed out of AP and I am bailing out of OandO today but I expect a great future for OandO.

adeyinkat:
@Pumping 77

Thanks a lot man. I know they'll change my address to theirs soon let them just give me some more time!

@All,

Anyone with answer to the Unity Bank bonus question please? Helloooo, is anybody there,, echooooo!

Sorry I missed that. The closure date is 9th October so if you bought 8th of August you definitely qualify for the bonus.

adeyinkat:
@ All Gurus,

Also, is it my broker's duty to help get any bonus accuring to my account with them? What if I buy a PO through a broker, where is the cert. posted to & can my broker help facilitate my getting the certs? (at least let them do something to earn the commission)

Somebody help answer these pressing questions plssssss! Thanks a lot!

This could vary from broker to broker but this is my own experience.

It may depend on the size of your portfolio. If it is sizeable enough depending on the broker, they will change your address to their own address so everything comes directly to them and they can do the dirty work for you.

Otherwise it goes to your private address and you have to take care of business

Man Jiro:
Hi All

Somebody once mention a new web site for CSCS. Can any body remind me?

It was changed from www.cscsnigerialtd.com to something.

Really?? When was this? I accessed the site yesterday. Now I can't but it is normal during trading hours or even work hours in Naja that the site hardly ever comes up.

tonyjon:
Wanaj0 and Pumping 777,

What do you guys have to say as regards CONOIL PLC?.

Peace.

Sorry, no real info on this company. I have some numbers. The projected PE is around 31. The company is doing worse as at Q-2 this year than last year.  Lower turnover and lower PAT.

I think this belongs to Adenuga se? This could be a factor. The man does not seem to be able to end his problems with the government. I read this week that the British government want to probe him and is asking for Nigeria's assistance. I'm not sure if he is back in the country yet after eloping.

damoche07:
Wanajo,am always impressed with your reach.the field is doing 17bopd and quickly declining but it has some other fields on the bloc.shells interest is 49.81%.the 2 blocs are also going together.AP WILL NOT GET IT. except something extraordinry happens.if thats what driving the price up,then i predict a correction soon.

This particular bid is not driving the price. It is the fact that AP is going into the sector generally. I think 4 events have significantly(and suddenly each time) driven the price of AP in the past 4 months.

1. Resolution of the court cases with AP.
2. The resumption of Otedola as Chairman
3. The announcement of the new executive officers
4. APs foray into the downstream petroleum sector

In the first 3 cases, at least a 25% rise in the price is sustained. Don't expect any major correction. I bought at N60 in August and sold for N95 in September expecting a correction. I am still waiting

Regarding wether AP will get something or not, you just have to factor in Otedola. Not saying he will get this one, and it may only be symbolic really but the man has a way of getting things. I have a feeling AP will end up being the biggest player in this sector.

wanaj0:
OandO is fundamentally better than AP. Governance issues is my fear with OandO. Forward PE of <20.00 is good for OandO.

Nothing special about the bloc that AP is bidding for. Shell is selling its minority share (43% or so). Production from the block is about 21,000bopd. Not much if you ask me.

Until the sector is deregulated, watch with care.

You see say I dey jump ship already

Regarding the bidding on the oil block by AP. The specific block is not so important. The fact that they are going into the sector at all is the main attraction.

As an example, OandO is planning expansion into energy services, exploration &  production, refining and power generation.

OandO Currently own interest in these 4 assets

OPL 278
OPL 236
OPL 282
OML 56

Government regulation so far is to the advantage of the indigenous companies.

ololufemi:
@ Pumping,

Second Question: What is your analysis of flourmills. (Short term and Long term)

Flour Mills:

My analysis is based on a conservative growth of 10% based on the Q-1 results. Hopefully something better will come out.

Short term - Just Okay. The price is attractive right now at around N75 and maybe it will drop further. The projected PE is around 14. I bought at N73 three weeks ago but the price has been relatively flat so it's not been a quick cookie for me short term. I don't know if an interim result is expected which can move things up. The Q-1 result does not usually reflect the final outcome so a relative better Q-2 result should do the trick.

Long Term - Strong Buy. Like I said, the price is good and I expect majority interest that will accrue from increased activities from Bagco after the PO to prop up profits even further.

upward:
Thanks Ololufemi, so I can sell my Zenith, to buy more from the PO That was why i asked, because the bonus hasn't been credited me, but since the dates have passed, what sayest thou?

I beg sell to me

Honestly, why sell Zenith now? I know January '08 is still some time away but you may have regrets at that time when TS is lifted.

ololufemi:
@ Pumping,

Oga Pumping what is your take or feeling about Bank PHB currently.

Na the first question I go ask you today be this oh.

Zenited we stand!

PO - Strong buy for me. By the time the certificates are out Platinum will not be smelling N25 because the PAT will have grown to make it under-valued at that price.

On the floor - Moderate. I see about 6 months for results to catch up with the dilution from the PO. At current earnings the stock is fairly priced in my opinion. A PE of 25 even with oversubscription of the PO.

With the additional output from the PO funds, I think by the time we see a couple of interim results anyone buying at today's price will have a wide grin  

Buying during TS to take advantage of bull run - Undecided. A lot will depend on if an interim result is on its' way and how other banking stocks are doing after TS is lifted.

wanaj0:
Anybody watching OandO?? Now close to 110.00. If you bought last week, you should be having over 25% now. Did anyone pick this up with their charts and trends?

I commented on this a few weeks ago.

I joined the ship 3 weeks ago @N77. I'm jumping ship today after over 40%. No liver again.  AP is the main driver in the sector especially with Otedola. As AP continues to head north Oando and Total are bound to follow. Expections of companies moving from marketing to downstream oil sector. This is an area where an Oteodola advantage is expected.

AP is bidding to take over some Shell infrastructure.

However, Oando is ahead of AP in terms of earnings and I've seen a presentation of their strategic business plan. So if AP is moving so is OandO. Also Oando still has a much lower projected PE than AP. 30 to 22.