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Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 11:03pm On Nov 14, 2007

blest:
pumping
just sent a mail to you now.

emmaachile
thank you so much,

I've replied every request in my box. In case you don't get, just post your email here.

@EMMAACHILE - Thanks for the email.

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 9:18pm On Nov 14, 2007

blest:
pumping,
i sent u a mail for the prospectus but u have not replied. i beg try consider, thanks

Sorry, I have replied everyone that requested. Can you send me an mail again?

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 7:31pm On Nov 14, 2007

easimoni:
With today's price = 3.99, a 6 month PAT = 90.8M and 1.54B shares (thanks to Futureview), I have a forward PE of 34

Thanks. I was off on the outstanding shares grin

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 7:19pm On Nov 14, 2007

@aktopgun - Not really. It's a rainy day and chilly. I'm off on vacation tomorrow till end of next week and I'm heading south for some heat grin

Please, can anyone crunch the numbers for NEIMETH INTERNATIONAL PHARM? I have a projected PE of around 14.

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 7:18pm On Nov 14, 2007

tonyjon:
Does anyone have any useful information on Air services and Logistics Plc?.

Depends on what you are looking for. I have some numbers. Based on Q-3 results, the projected PE is around 26 sad

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 7:04pm On Nov 14, 2007

aktopgun:
pumping could u please tell me where u viewed this info

http://www.meristem.com.ng/pricelist.php

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 6:54pm On Nov 14, 2007

Ok, now I see Red Star Express was traded. 2.396M units. Opened and closed at N4.20. A 5% gain already over the expected listing price of N4.00.

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 6:41pm On Nov 14, 2007

TECHNICAL SUSPENSION
The share price of AIICO INSURANCE PLC was today frozen on receipt of application for a Public Offer
of 2.5 billion Ordinary Shares @ N2.20k per share.

NEW LISTING
Red Star Express Nigeria Plc was today listed amongst the Daily Official List (DOL) of the Nigerian Stock
Exchange (NSE). The trading symbol is REDSTAREX.

Does anyone know if Red Star traded today?

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 4:14pm On Nov 14, 2007

EMMAACHILE:
Unic Half year unaduited 30 June 2007

2007 2006 Change %
T/O 1.065 0.659 61.61%
PBT (N bn) 0.300 0.240 25.00%
PAT (N bn) 0.250 0.191 30.89%

`

Good result. Projected PE around 15.5.

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 3:05pm On Nov 14, 2007

Naijadr:
hey pumping and co, u might want to edit your email and use [at] instead of @ because that way spammers don't grab it from here so easily, or better yet delete it and send personal messages.

Thanks. I've modified it.

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 2:50pm On Nov 14, 2007

Panadol:
@pumping777,

Please email it to me at s_class600@yahoo.com

Thanks!

Ok, I'll mail it to you. If anyone else can't access it, send me an email at pumping777 (at) yahoo.com.

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 2:20pm On Nov 14, 2007

Panadol:
@pumping777.

The link is not working for me.

It's a pdf file so be sure to have Adobe on your machine.

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 2:14pm On Nov 14, 2007

Temmie10:
ikeja hotels gained max today, 14 deals, easimoni and pumping, why do i think u are the ones buying?

But the real story of the day is ubn and wema trading over 10 billion naira each.

I suspect an interim result is in the works for UBN. Timing is everything. We should have caught on to this by now. sad

Ikeja Hotels - Wow. I was still expecting a drop actually so I'm yet to buy any.

easimoni got this one spon on. The market became rational sooner than later. 160,800 units only which is just about half a million bucks. The volume is still very low. Let's see how it plays out.

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 12:42pm On Nov 14, 2007

damoche07:
@pumping777. Link not okay.Thanks

Could anyone access this link? It works for me.

http://us.f13.yahoofs.com/bc/4642fd5emb4d0c819/bc/Shares/PHB+Full+prospectus1.pdf?bfV4qOHBM97eOumb

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 8:56am On Nov 14, 2007

Platinum Prospectus. I have uploaded it here. I hope it works.

http://us.f13.yahoofs.com/bc/4642fd5emb4d0c819/bc/Shares/PHB+Full+prospectus1.pdf?bfV4qOHBM97eOumb

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 1:13am On Nov 14, 2007

Platinum prospectus.

Error. The file is too large.

Summary. 2008 PE ~ 20, 2009 PE ~12. Most projects for the raised funds are medium term - 12 - 18 months.

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 10:41pm On Nov 13, 2007

tonyjon:
Hi Pumping, Easimoni,RoughCut, Wanaj0 e.t.c.

A friend of mine just of recent changed his broker. Through his new broker, he has already applied for a new CSCS# but the number is not yet ready and he want to buy some shares from fidelity bank (IPO/PO)

This is the question:Can he use his old CSCS # that he was using when he was with his former broker and use the name of the new broker as his Stockbroker on his Ipo/po application forms?. What will be the implication of this action?.

Hope to hear from you guys soon.

Peace.

This is what I think will work but I am not quite sure.

The new broker should open a new CSCS number but retain the same CHN number used by the old broker. So your new CSCS number is now linked to your existing CHN number.

In this case, your friend can use the same CHN number on the PO form but with the name of the new broker.

If the new broker opens a new CHN number instead, then then the new CSCS number will linked to the old CHN and your friend will need the old broker to execute orders on the stocks when listed.

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 10:27pm On Nov 13, 2007

Talktrue:
@all
Anyone with the outstanding shares of crusader.

Was their IPO fully subscribed.

I have 984,467,113 share before IPO and additional listing of 3,437,160,619 shares from the IPO.
can someone validate this figures.
What they have on Nigerian securities website is quite different from the figures below.

I can seem to lay my hands on their 9months result can anyone share please.

The figure I have is 3.437B.

Crusaders' Q-3 result is not out as far as I know.

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 9:30pm On Nov 13, 2007

40 most capitalized firms in Nigeria

I don't know where this came from. It was posted today but I don't agree with the rankings at least for today.

http://proshareng.com/myproshare/portal_news.php?id=3180

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 9:23pm On Nov 13, 2007

The company is placed on TS and we are informed after the fact grin

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 8:40pm On Nov 13, 2007

Red Star Express - Looking Good

http://www.nigerians-abroad.com/news/headlines/red-star-express-declares-dividend/

http://www.punchng.com/Articl.aspx?theartic=Art20071017059053
"
------------------------------------
The Board of Directors of Red Star Express PLC, a leading indigenous courier and cargo company, has declared dividend of N113.19million to the shareholders at the Company's 14th Annual General Meeting (AGM) held at the Lagoon Restaurant, Lagos. The dividend translates to 22 Kobo per share and would be paid to shareholders whose names were on the Company's Register as at March 31, this year, after deducting withholding tax.

Speaking at the event, the Red Star Express Board Chairman, Dr. Muhammad Koguna said, "We have recorded a tremendous and stable growth in our business transactions. We have fulfilled all the requirements for the listing and conversion of our company to public limited company (PLC). We have also increased authorized share capital, private placement of 75 Million shares to increase the number of shareholders."

He explained that apart from listing the shares of the company in the Nigerian Stock Exchange (NSE) the organization has recorded a remarkable turnover increase of 26 per cent and moved from N2.249 billion to N2.836 billion this year.

Speaking at the event, the Red Star Express Board Chairman, Dr. Muhammad Koguna said, "We have recorded a tremendous and stable growth in our business transactions. We have fulfilled all the requirements for the listing and conversion of our company to public limited company (PLC). We have also increased authorized share capital, private placement of 75 Million shares to increase the number of shareholders."

He explained that apart from listing the shares of the company in the Nigerian Stock Exchange (NSE) the organization has recorded a remarkable turnover increase of 26 per cent and moved from N2.249 billion to N2.836 billion this year.
"
------------------------------------

A DPS of 22k per share will could mean a trailing EPS of at least 30k per share and we could be looking at a trailing PE below 13.

Does anyone have the prospectus for the private placement? Fedex seems to have a direct interest here.

http://www.execdigital.com/NewsArticle.aspx?articleid=3565

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 8:35pm On Nov 13, 2007

aquita:
Pumping777, easimoni,roughcut and wanajO: I am so interested in Redstar Express. kindly help to analyse the company for the benefit of all interested nairalanders. thanks so much.

Sorry, I don't have anything for now. I've been searching for numbers on the company all day but no luck. If I find anything, I will share my opinion. Those that buy tomorrow will probably make money in the short run but I don't deal without numbers so I'll be watching. sad

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 8:30pm On Nov 13, 2007

ololufemi:
Pumping777,

Why have you been ignoring my shout out.

Question

What stocks should one buy that will profit one in 2008 first quarter.

Thanks

Not at all. Na work overload. Since my employer is not paying me to trade in stocks, I have been wise to respond to heavy work call grin

Thanks easimoni. I see you have already given a cue and I can't add any more. Of all the factors that drive a stock, my strongest are the fundamentals, and PE ratio is the one that influences me the most. Other fundamentals and sentiments can come later.

If you want to be dropped a particular stock from me, then for your convenience I will say the heaviest stock in my portfolio is Lawunion though it has a slightly higher PE than Crusader. I still buy if the price goes anywhere near N3 flat.

I hope to remain solvent enough for the market to be come rational in 2007 and give me good returns. So I cannot say this will happen in the 1st quarter at all and in fact I doubt it. I am ready to wait longer than that.

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 6:04pm On Nov 13, 2007

RED STAR EXPRESS PLC

A total of 589,496,310 ordinary shares of 50k each will be listed tommorow, Wednesday November 14, 2007
at N4:00k per share in the name of Red Star Express Plc by way of introduction.

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 4:56pm On Nov 13, 2007

Can anyone confirm the outstanding shares of C&I Leasing. I have 600M. Thanks.

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 4:46pm On Nov 13, 2007

wanaj0:
Red Star will be listed tomorrow. Place order and hope you get to buy.

Wema seems to have lost steam. No 5% gain today.

Chellarams is still on the move.

AP result not that impressive

Wema - I think the mind set is that it does on TS tomorrow. We'll see how far this is true.

Chellerams - Funny thing is that it lost around 5% yesterday and I was thinking it had lost steam.

AP - Just on target for projected year end earnings but I know the price will still move upwards even if temporarily.

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 4:40pm On Nov 13, 2007

easimoni:
Your analysis is spot-on. I believe they'll make ~N610M for the FY which is ~35k. Are you willing to risk the stock falling to N3.20? After all, the PO was at N3. It lost the full 5% today but I'm not sure that'll continue into next week.

I expect a further drop but I won't say down to N3.20. The daily volumes and Naira value is still relatively low for 1.73 outstanding shares. I know most of these will be locked away, but I think there may still be a chunk of PP investors trying to offload.

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 12:29am On Nov 13, 2007

Interesting

"Strategic trades cleared all available Union Bank offers, finishing with a 5% appreciation and unfilled bids." This is on Monday, 12th Nov.

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 10:36pm On Nov 12, 2007

Ikeja Hotels - I think it was Wanaj0 that made a comment about these two companies having the same management so I decided to check the numbers. I don't like what I see but let me get views in the house.

Price Share Out CAP Proj Pat Pro P/E Current P/E

IKEJA HOTEL PLC 3.90 1.73 6.76 0.80 8.49 12.85

TOURIST COMPANY OF NIGERIA PLC 2.81 1.61 4.53 0.02 226.47 15.10

TCofN has a trailing P/E of 15.10 but based on the Half year result now reported, the projected PE is now 226.47!! A company that declared a FY PAT of 0.3B in 2006 has now declared a Half Year PAT of 0.01B!!

This is not a good sign at all. I'd hate to see such drastic turnaround for Ikeja Hotels.

So I think like easimoni said, if you're thinking of this, you have to be ready for quick in, quick out - short term.

I smell what happens to many small companies in Nigeria. Management charges expenses excessively to the company accounts (travel expenses, children's school fees, medicals etc) till the company appears not to be making any profit. Investors lose interest in the company eventually, and the Management buys almost everyone out. Over time, no matter how poorly the company is doing, the price is really not affected because the shares are now so illiquid.

This is not to scare anyone away. I'm also joining the fray for what it's worth but I will be toning down my commitment.

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 10:15pm On Nov 12, 2007

kingzy:
@All gurus,
Please I bought UBN @36 and hoping to sell beyond 50. is it likely to hit beyond 50 before the 22nd of Nov?

UBN is not likely at all to hit N50. Before the rise today, the price was generally falling last week.

Don't be deceived by the sudden gain in price today. It will likely be short lived.

I put ALL my units on sale on Friday but it did not sell because of my offer price. With the rise in price today, I was able to sell ALL.

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 10:08pm On Nov 12, 2007

pangolo:
Is this news on Crusader valid or not? We heard about Mbenefit and oters but nothing on crusader??
I found this link: http://allafrica.com/stories/200710090095.html

Easimoni, Pumping, et al Aeg Comment o!

More insurance companies will hit the market next year and expect that this will mean on time declaration of "spectacular" results. For me this is very welcome.

Investment › Re: Stock Market Tips For Nigerians by pumping777(m): 8:49pm On Nov 12, 2007

easimoni:
Wema gained 5% today but closed with 90M shares on offer? It led the NSE on the net offer table. I guess the rational explanation is a lot of people are selling but they'll only sell at the full 5% gain for the day. Maybe the run doesn't last the rest of the week.

Except there is suspension, I don't see anything stopping the price hits N18.

It could be investors with no clue of the half year results.

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