₦airaland Forum

Temmie10:
heard some sharper folks are just returning their loot from first al, capoil, afroil, berger paints et al and these are stocks that all did well over 60%, heck, even ALL my insurance stocks have all performed and will continue to perform better than dsr,

Am i saying what i think you are trying to say  You seem to be talking CICO/RO-RO language abi you don join that side?

lumidii:
I got this from the live programme beamed from the floor of the NSE on AIT, i was just flicking through and got only part of the gist. Err, i don't want to be seen as a messenger of doom. Don't want any referrals to Aktopgun & blueband . It might just be one of the plants being shut down, certainly not the newly installed radial tyre plant.

Ah Thank God for that clarification. Well it makes sense if they have a new multi-billion radial tyre plant and they need to shut down old and probably unprofitable/unproductive plants so be it.

The problem is with the way the info was disseminated. Sometimes the presentation is as important as the substance.

Catch my drift?

lumidii:
What is this gist going round on Dunlop? Retrenchment, factory closing etc Is this part of the strategic turn-around? I hope the board-aspirant on here is on top of the goings-on in Dunlop.

I beg where you get this one from o? Enlighten the house. They have just spent N8B most of the proceeds from the last PO on a radial tyre plant

bigjay01:
@All



ABCTRANS is bleeding as well
Open/High/Low/Close ------> 6.67/6.67/6.67/

That is not exactly unexpected if you read what i posted yesterday!So if you think there's value in buying the stock opportunity for you to join the BUS

[quote author=abdul_m1 link=topic=31554.msg2067436#msg2067436 date=1205833326]please. can someone help me with this problem. i bought dangote flour during ipd and i have not received my return money or my certificate please if anyone can tell what to do about this, i bought it from GTB bank.

thanks for your anticipated reply.[/quote]Someone has already posted the phone number so i wont bother repeating it again but in case you having difficulty getting though try this other number 01-815 2470.  i noticed you are abroad  so what you do if you cant physically attend is write a letter of authorization for someone you trust with the details of your application and signed by you then ask the person to take the letter with their identification to the GTB branch where you purchased the shares and your cheque must be waiting there for you

LondonCool:
@Roughcut,

I didnt quite get the NHFTF (?)  bit. !

I meant the National Housing Federation Trust Fund. You seem knowledgeable on these things as per some of your posts i have read. Apparently you need to be paying about 2.5% of your salary into the fund to be able to qualify for preferential mortage rates. I no dey get salary for Nigeria so would like to know how it worked for you.

I will yarn with you later back to watching the NSE and its gyrations

yodiyokun:
Anyone wey get ear, dey load Bank stock now oooo - They will deliver.

The time person go dey enjoy for all these banking stocks na when all the ones wey dey overweight come offload the excess weight by doing a share reconstruction. dey no go dey fit give bonus yanfu yanfu again and the price go just dey go on soun.

Oceanic and Intercontinetal spring to mind

yodiyokun:
Anyone wey get ear, dey load Bank stock now oooo - They will deliver.

All the banking stocks wey i get  them they serve life sentence for my long-term portfolio. I dey go on shopping spree for FBN

yodiyokun:
See me see trouble oo - see mr risky and roughcut steering me in the direction of CICO, RIRO ogaju, you these men,

So na only quick hit ABC dey for innit? or na for medium term - This apear to be headed maiduguri ooo I just don't get the hype?

Both of you agree Beta Glass na good one for medium term?? fundamentals but no CICO action.

Anyone wey get ear, dey load Bank stock now oooo - They will deliver.

If the hype surrounding ABC is true its very good for CICO. If you want BetaGlass for medium-long term you go wait small make him offload the contraband wey him carry.
But we spoke about ABC about 2 weeks ago na. You for don make your 25% commot

So you no dey for CICO and RO-RO?

greentree:
i think i also mentioned i was privy to celtel coming and i was ignored. anyway its all good. i will face that one full on.

I checked with my broker and they told me they had no idea but then i dont expect  them to know anything of that sort

So what sayest thou?

[quote author=Mr. Risky link=topic=31554.msg2065053#msg2065053 date=1205775549]I have been aiming to sell my Dangote Sugar as soon as they will release result thinking that that would move the stock, NOW the very REVERSE is the case. Yes, the price will trend up, BUT WHEN?? If people are not impressed with BONUS and DIVIDEND, and are obsessed with LOSSES . What should be the tricker Just wondering? I wish I had sold it when it rose to N51 [/quote]This NSE make we just bow.

I sold john Holt almost 2 weeks ago and the thing is still gaining max everyday infact it has not dropped its price for the past 3-4 weeks and i'm not even aware of any results they have released of recent either IMPRESSIVELY BAD OR IMPRESSIVELY GOOD. At least that way i for sabi the thing wey dey push am

The fear of NSE is the beginning of wisdom

yodiyokun:
I am comparing Niwicable/ Beta glass/ABC for a hit?

I only want to hit one -

Which is most attractive at current prices?

I already have my favourite but want others contributions

If you havent hit ABC do so in the next 2 days if the rumours of an impending PO are confirmed you know what's going to happen. Fundamentally BetaGlass appears most attractive but i think that one don dey fly now and NiwiCable hmnnnnn  the jury is out on that one. And you know as well as i do fundamentals and good results do little or nothing on the NSE nowadays.

I get ABC and Niwicable. Go for the Alphabets for a quick hit

Iwerebor:
I use UBA stockbrokers too but can't get them to include me in their mailing list. Everything about their service indicates overworked staff who haven't got time to attend to anything but buy and sell mandates.

Especially if a lot of their  clients are now addicted to doing CICO and RO-RO

rasputinn:
Roughcut,
Any info on Wapco's year end?

Yep PAT FYE '07 N13.895B 4.5% increase over previous year and a dividend of N1.20 closure date 9 May 2008. The results and dividends didnt move the price though! Another one for Mr Risky's list

[quote author=Mr. Risky link=topic=31554.msg2064964#msg2064964 date=1205774197]NSE Bad stocks with impressive results:

COMPANIES WITH NSE FUNDAMENTALS:

Did I hear someone say "the list is endless, jare" [/quote]THE LIST IS ENDLESS JARE

Its December but i think they released the results already not sure though

LondonCool:
Well done Afrinvest West Africa !!

I beg Londoncool you will need to yarn me about this NHFTF and this hot-shot consultant with Natwest. I go e-mail una later on

rasputinn:
so what's with the hmnnnnnnnnnnnnnnnnnn per thinning volume,wetin you dey plan again?

If the volumes are thinning out it means the reversal may be fleeting. You need more volumes to sustain the bullish reversal which means i would be able get some more at the nearest bus-stop. I wont be surprised if the reversal does not last more than a couple of days

aktopgun:
NOT QUITE A SPINNING TOP CUZ TO BE A SPINNIG TOP You SHOULD LOOK AT THE LENGHT OF THE BODY IN RELATION TO THE LENGHT OF THE CANDLE TAILS. IN TODAYS CANDLE PATTERN, THE UPWARD TAIL IS MUCH TOO SHORT.

HAVING SAID THAT, THE CANDLE PATTERN IS STILL GOOD ENOUGH FOR ME TO BE HAPPY FOR DUNLOP CICOs

Right actually i think they call this formation mysterious/long shadows abi? The long lower shadow means the buyers were able to whip the sellers into submission and drove the closing above the opening price

Like you i'm happy with what's going on

debenzd:
@Roughcut, I don enter dunlop o! E get to do me well. Saw d spinning top too.

I dey that one and i don reserve another passenger seat! The FYE is due anytime from now i think' it should be possible to scrape  another25% from that one before he begin make return journey to Niger Delta

Thanks for the stuff you posted last friday quite useful

Dunlop did a spinning top and considering that this is within the context of a downturn i expect that the price will start creeping up again it did a
reasonable volume and the bulls are definitely back to kick butts_{they are ready to whip the bears into submission}

aktopgun:
i am beginning to think all this TA is not complete bull after all, especially on the NSE. Expaeriments are ongoing sha 

ABC did a RED MARUBOZU today which is a definite confirmation of the BULLISH REVERSAL that started last friday so i'm afraid its still going to shed a few more pounds and KG's in the days ahead.The volumes is thinning out so that's a bit hmnnnnnnnnnn

aktopgun:
i'm loving it, loving it, loving it, i'm loving it like this!!

That one is red-hot! I was hoping for it to slow a bit so i can load some more but looks like i might to wait a few more days

pumping777:
. Next week Monday and this week has another 2 days of holidays. Many folks like to sell before closure of the register instead of waiting endlessly for the bonus shares and dividends.

A lot of peeps also like to sell before the dividends are applied because the price will be marked down by the dividend paid and you also have to pay taxes on your dividends so no show there!

I hope he has stopped that nonsense with paying dividends quarterly

aktopgun:
@roughcut

se o n ri ABC sha!

He be like say wetin you get now don pass winch level. You don dey do rubber neck view my post before you post

aktopgun:
i forgot to add

Dansugar

And ABC but i think what happened today is a confirmation of what we said last friday. I think its still going to drop for a few more days. Bullish reversal trend has been confirmed by the drop today

windywendy:
Ladies and Gentlemen of the forum, introducing . . .

UNITED NIGERIA TEXTILES PLC
3RD QUARTER STATEMENT FOR THE
PERIOD ENDED SEPTEMBER 30TH 2007
                        2007          2006
TURNOVER                 N13.866b      N13.583b
PROFIT BEFORE TAXATION  (N755.698m)   (N56.648m)
TAXATION                  NIL           NIL
PROFIT AFTER TAXATION   (N755.698m)   (N56.648m)

This result bad no be small.

A friend of mine wanted to do one quick cico on this stock last week, na so I come warn am say "results will be out soon, and I don't expect the results to be good o, so stay clear"  . In retrospect, I guess I was right. _{Wey my phone sef, make I go collect my bottle of wine  .} But then again, with this NSE sef, the stock price might still keep moving up despite the result.

Happy weekend everyone!

Did you say Bad? This is a cataclysm of titanic proportions wish i could find a stronger adjective to qualify the qualifier

They have managed to increase their 3Q losses by 1248%!

To imagine that this was a stock that was on an extended bull-run a  while ago on this  same NSE beggars belief!

Naijadr:
@RoughCut, I also said bye bye to Costain at N74.85 Phewww goodluck to anyone else still on board, the price is way too outrageous, wont let greed get to me!!
I need to issue a buy mandate on Monday, what to buy what to buy
ABC
Dunlop
Chellarams?
Beta Glass?

Dunlop and ABC are CICO but with ABC you need to be careful though especially if the rumours of an impending PO start gaining currency you can expect an upside to  the price on the short run there are also rumours of a bonus and new businesses  but know when to get out!

I'm in there by the way

Chellarams and Beta Glass are fundamentally strong and will pass both CICO and medium-long term tests. Infact i have a forward PE of 14.3 for Chellarams and 17.2 for Beta Glass sure the selection looks reasonable to me

aktopgun:
results due this week again. he is 14weeks wednesday

There's only one result we are all standing on. The one that the ready writer HIMSELF has signed and sealed with the precious blood of the Lamb. Bad news will not travel in the direction of your household in Jesus name!

[quote author=Mr. Risky link=topic=31554.msg2057436#msg2057436 date=1205521139]@Roughcut,  Sorry I specifically mention you this time, and ,please oblige.  What is all the stories around ABC?  Are we expecting a fantastic End of year result, and therefore juicy rewards to investors?  or they have won a high ticket contract?  What has been the push?  Please if anyone can throw in more light.[/quote]Rumours of a bonus and imminent FYE results and the are in pole-position to run the railway network franchise and the Fed Govt will be giivng them billions or is it millions ?of naira in subsidiies to do so.

aktopgun:
oops, i see roughcut has done abc already,

cool

At least we are saying the same in different styles. So i go be your back-up for candles and sticks

pumping777:
In fact I hope this is the case Deap gained over 100% before it went on TS and if I had the stock, I would have sold long before that TS arrived. It did not even go on TS until weeks after closure of register. I would have sold before then for sure.

Yep so if it dips lower we load some more but you need to know when to get out which is why i said i have refined my strategy because i was going to sleep on this one but not anymore!