₦airaland Forum

Happy new year to you all and all the best for 2008! Thanks for 2007 and this is the year of DIVINE EXCHANGE for you all. Your profits compared to what you would have invested in 2008 will simply be mind-boggling because you will enjoy unlimited FAVOUR. You guys have been a major major blessing to moi!

Back from a well-earned holiday. Holidays are for families innit? I spend most of the year away from home so the least i could do is give family my undivided attention while i'm around. Now  i'm back in base and i have been trying to catch up with the zillion bytes of info you have posted on this thread _{trying my best}

Somebody please tell me the stuff about CHAMS PP closing today is not true i have been reading the PP memorandum_{windy wendy is not the only who's been busy this wekend!}

PAT for half-year 2007 about N648M is about x2 PAT for the whole of 2006 and those guys operate a virtual monopoly in the identity management/payments space so please tell me its joke that the PP has closed.

I read somewhere that they will be doing an IPO after the private placement sometime this year but it might have become expensive then!

Spring mortgage_{anyone heard about them?} has applied to be listed on the NSE after concluding their PP if the application is succesful that would make only two of such companies listed in the mortgage sector in the NSE. Dont forget that so many insurance coys especially those that have life insurance businesses  are positioning for  a piece of the action in the  mortgage sector. Watch the space!

tochii:
i was informed by reliable source that Dangote has acquired majority shares in dunlop. i want to confirm whether any body has come across such news.

hmnnnn, cant see the connection though

windywendy:
@Aktopgun, how the go dey go with baby duties? Make una take plenti plenti care of bambino, because that na our baby of the year for this forum Lots of hugs and kisses to the little one from every one of us here on this forum!.

Oh and did I forget to mention . . . in addition to reading him "one up on wall street" at bedtime, don't forget to buy and read him the book titled "how to be a jack of all trade and master of ALL" _{coming soon to a cinema bookstore near you . . .}

Why do i get the feeling you wrote that book i will be on the lookout! Thanks for the heads up

floreb:
http://www.proshareng.com/myproshare/portal_news.php?id=3369

The form and summary are at the bottom and it closes 31 December 2007.


ola007

i went to the site but the application form is not opening and i have pdf on my system
thanx

I have attached the form for you and if you are interested visit www.cashcraft.com you will find the prospectus if you want to know more about the 'grammar' for the offer
happy investing!

damoche07:
If someone asked me what i achieved in 2007, i will gladly put joining this thread as one of them.You ask me if its an achievement and i would say a big YES.You guys from all over the world have been a huge blessing and inspiration to me.I was BLIND but now i can SEE.I am attached and let me say i am addicted to this thread.The communication has been faceless but has not been useless.
I have seen selflessness at its zenith,EMAACHILE,NBA,OLOLUFEMI,KPINEO,-those guys can tell u and post anything they lay their hands on ;Ingenuinty at its peak-EASIMONI,NO SHAKING,ROUGHCUT,AKTOPGUN,YODIYOKUN,SHIGIDI,WINDYWENDY,FRANKRIRI,TEMMIE10 etc;camarederie at its best-AKTOPGUN'S CHILD BIRTH,AKOKITES;experience,calmness and foresightedness-WANAJO,BARGE, successful Tacticians and Strategists-FATHER OF 2.I have seen a lot i can't remember now but the past few months have further strengthened my belief in Humanity and in Nigerians.It means we can all achieve great things if we unite and become a little more selfless.I guess the facelessness really helped.
I express my gratitude to those who have answered my questions at one time or the other.I also want to express my appreciation to those i failed to remember their names._{my memory sometimes disappoints me}.Seun,thanks for setting this up and for not banning me throught the year especially when i took u up on some issues.
Finally,i pray for God's protection for everybody till the end of the year.i pray that his favour,grace,provision,mercy and goodness shall be with u all.I also pray that the NSE will continue to lay the golden egg.It will never crash.Say Amen!I pray for Nigeria's prosperity and righteuosness.Justice shall reign in our land.Lest i forget,i pray for AKTOPGUN'S kid.May the grace of the Lord be with u all as we celebrate his birth and sacrifice for our sins.
I love u all.

There's only one word to describe this forum-Awesome and thanks for the shout-out may you be blessed as you go out and come in. Thank you and you will deliver your vision that you are pregnant with in '08 in Jesus name

[quote author=invisible! link=topic=31554.msg1781483#msg1781483 date=1198056170]I would have liked to travel from NIGERIA to GERMAN, using TRANSEXPRESS flight. But the flight was ADC airlines, so I contacted NAHCO to do my baggage; I also noticed that the window of the plane was made by BETA GLASS.

An official of TOURIST COMPANY was around to get me a nice car; we stopped at OANDO for some fuel. When I came back into the country, I stayed at IKEJA HOTELS.
The next day I was at FIRST BANK to make some cash withdrawals, but I missed my atm transactions at GTB. Thereafter, I went to shop and bought some 7UP products, generators from AG LEVENTIS, clothes from ASABA TEXTILES, books from LONGMAN, pillows from VITAFOAM.

I remembered that I should paint my house in the village, so I visited DN MEYER for some paints. I will also buy WAPCO CEMENT since it is cheaper than DANGOTE CEMENT. Stopped at BIG TREAT for some bread, and then noticed that JULIUS BERGER was doing roads that were awarded to COSTAIN, how come?

I ran out of cash so I breezed into OCEANIC BANK, and saw a friend there. He worked for CADBURY and married a lady working at MAY & BAKER. We went out to mr biggs, owned by UACN. My friend wanted to have some maltina, a product of NIGERIAN BREWERIES, but was instead given a GUINNESS malta.

There were adverts on the telly, AIICO INSURANCE were doing offer for shares, but my friend liked ZENITH BANK offer better. As we were leaving, a truck belonging to NIG. BOTTLING CO. was in our way, so we did a detour, came out of another road in front of UNILEVER.[/quote]I wanted to get on the  TRANSEXPRESS flight from Zurich to Lagos but Mypeace told me the flight was full! I tried boarding Redstar Express they told me they only have first-class seats available i only travel Business class as its more value for money. When i was in Lagos i checked into ikeja Hotels because easimoni recommended their services but i have checked out now they were really good

I also noticed that COSTAIN has been mandated to repair the roads to Port Harcourt terminals because the last time i was there it was almost derelict  this notice was brought to  my attention by easimoni again!

I always transact most of my business with OCEANIC everytime i'm in nigeria  been doing that since '04. UBA helped me to get started  putting a property portfolio together somewhere in Lekki as they are the financiers of one  of the numerous projects springing there  as they are incidentally my stockbrokers.

I also liked the sound of ZENITH  so i became good friends with Uncle Jim and was so impressed i introduced my son to him we have been getting on like a house on fire since '05. I'm also thinking of getting some PILLOWS from VITAFOAM but  i will wait till January if i can get a better deal just before they release their results!

I tried to get hold of my pally Benson one of the directors in JAPAUL but it seemed the time was very incovenient for him so i guess i wont be meeting with him afterall. CILEASING are busy buying so they didnt have time for me or what i had to say

I have already seen the banking halls DIAMOND,FCMB and PHB and so far i liked what i have  seen i may return for a second visit depending on my schedule and how fast i can pull out my cash from UNION bank as i have been told that  they will not be allowed to sell 30% equity again which is why i was happy to go along with the gravy-train

@All

I wont bother mentioning names Barge has done that quite perfectly well!. Every single one of you guys have been amazing on this thread and you made it what it is. You have all been fantastic and you have all impacted me in your own individual styles and i'm just so much the better for it.

I wish you a merrry christmas and a prosperous new year. The RSI of your portfolio will continue to gather momentum in the years ahead, the moving average convergence/divergence of your invetsment will continue to favour you in Jesus name and the On Balance Volume of your holdings will not be in negative terrotory_{i just have to slip that one in!}. In short all the technical and fundamental  indicators you may think of and come up with will continue to work in your favour in Jesus name.   

As the star can never struggle to shine, your  portfolio will never struggle to shine in'08. The river can never struggle to flow, you will not struggle to get ahead in '08. You will gather speed, you will gather momentum in the years ahead. Your progress will be accelerated because there's something called FAVOUR. What it has taken men years to achieve you will all achieve in a fraction of the time.

I see the aroma of the favour of God oozing from all of you in '08. Where you have been despised you will be CELEBRATED. Where they have said NO because there's something called GRACE that suspends the natural law of man, they will say YES to you.  Nobody can do without water, they will look for you all over because God will supernaturally advertise you.Your talents will make way for you.

I will see all of una at the top as the bottom is getting crowded. You will be lifted, you will be elevated and you will be promoted in Jesus name. _{Do i hear a big shout of AMEN!}

Thank you VERY VERY  VERY much. All of you on this thread have been a MAJOR MAJOR blessing to me. You have been an incredible source of inspiration to me. Keep it up and don't be discouraged

Make i throway  one proverb to round up You know person wey pour water for ground ahead of time must definitely walk on a peaceful land

You will not walk on troubled land!

Seun thank you very much and the fountain of your wisdom will never dry up

barge:
@ all

Its  a few days before 2007 runs and i have to switch to thanksgiving mode . A BIG BIG THANX TO You ALL ESPECIALLY
 
     Easimoni , Pumping , Temmie 10,shigidi
     Windywendy , Yodiyokun , Wanaj0,noshaking
     Father of 2 , Frankiriri , Aktopgun ,nba,Emmachile
     Ololufemi , mypeace ,naijadr,kpineo,damoche 07
     Roughcut, aktopgun,chokit , crazyT,ckeneth,jehosaphat et all
    APOLOGIES to all whose postnames i cat rememeber, ina ground i dey

I can't  thank you all enough for the selfless and invaluable contributios you have all made on this thread. I got a little confession,
a number of people have impacted my life with their views here and  i just hope you  keep doing what you are all doing.  I realize how much i needed to reeducate myself after reading some posts here ,and i could not interprete appropriately the lingo . My motivation for entering the cfa program came from this thread and guys like windywendy ,easi ,frank ,temmie 10 and later pumping.Regardless of my exam result its already a success , as this thread keeps the learning process open. I PRAY 2008 BECOMES A FULFILLING YEAR FOR US ALL . As we continue the crusade for financial independence , i pray 2008 turns out to be[b]unic and forms the cornerstone [/b] of great wealth which we all hope to achieve. THANK YOU ALL, you are all appreciated. Barka de sallah , merry xmas and A wonderful , success-filled 2008.

oh, how can i forget Seun , thank you for this forum and don't let detractors derail you from your goals.
    ,

Let me also do the same before i forget how can i forget?

Thanks for the shout out and much appreciated just like God never forgot Joseph at the hour of his need even men may forget you will not be forgotten in Jesus name and honour will come your way.
Thank you very much

I take it you have or if you havent you are planning to take position in UNIC and Cornerstone

aktopgun:
@roughcut

i got it man. don't know if this is the case with cutix but with the kind of volume of shares we're dealing with its no wonder individuals can do it.
will just watch them and not bother with the daily gyrations. the company is fundamentally sound.

The point i'm making is you only need a small volume of CUTIX to trigger a very big price movement because it is an illiquid stock. Once guys realise that is what is happening all they need to do is mop up small quantities here and there and then offload when you have enough to send the share prices downwards in the meanwhile you have made a very tidy or is it massive profit and then enter again.

aktopgun:
@roughcut
yarn me bros, what does technical analysis on cutix say

From a cursory look at what i have on my laps CUTIX has been trading volumes in the low thousands up until 5 Dec 07 when someone decided to shift 1.08M units and guess what happened? The stock lost consistently for the next 6 days in fact it lost max 5% in the first two days i.e on 7 and 8th Dec and then on the 13th Dec  1.7M changed hands  and guess what?The price rallied and gained 48K thereafter meaning someone has profited seriously in those intervening 6 days!

The pattern is offload  a lot of units at a profit and  then mop up again when the price has fallen all within a period of less than 2 weeks!

For a company that has  500M shares outstanding shifting 1 million units(~0.2% of the total) should not have any effect on the share price at all but in this case we know this is not true.

Catch my drift?

aktopgun:
cutix in a bit of a free fall for now. yr end is dec 31st. lets wait and see. still a good company overall but unfortunately quite illiquid.

@roughcut, lets hope they can be co-owners (my son of course having the larger of the majority holding )
if i am to go by the way the kid eats then he's going to need a lot of income streams to keep up with his appetite.
i am going to soon start reading the book "one up on wall street" to him as bedtime story .
winnie the pooh ko winnnie the pooh ni!!

Make uncle Jim just dey hold the forth for now until when they are ready.

The problem with illiquid stock is you only need a small movement in the volume of the stock before you trigger an appreciable price movement. Looks a lot of folks have been doing this with spectacular results. We are not the only ones using tech analysis go and check out Cutix, Redstar Express and do some MACD,RSI,OBV analysis.

Its quite startling!

aktopgun:
@ollolufemi
market is still open. wait a while and we'll see

by the way, i placed a buy order for a small amount of the zenith P.O (don't want my dosh returned) for my new son
so u and Jim better deliver

The way to go my man! How's it going at the moment? so i see madam let you off the hook  of baby-sitting duties

Your son and my son will be regular attendees at the Zenith board meeting in the not-too distant future

[quote author=real_demi link=topic=31554.msg1776253#msg1776253 date=1197905541]@wanajo
abeg now, answer my question. posted earlier on. Am new on the thread. I need to invest N20,000 and make "quick" profit in about one month. (short term, that is)[/quote]I tell you for a fact wanaj0 is the wrong person_{he doesnt do short-term and 'quick' profits} to direct the question to and frankly speaking doubt if anybody will be able to answer that question. Dont know if you have been reading the thread at all.Did you come across anybody saying anything about making a profit in 4 weeks? I will advise you read as much of the thread as you can and then see if you will be asking the same question again    

pumping777:
He be like say you dey here. Missus no find am funny again. I have decided to remain loyal and behave myself. Fiscal Year End declared. Make I take care of my biggest investment  

Once i go back to base  that's it for the year for me! Anything i have to say on nairaland i dont think i will be allowed to say until after the holidays.

Holidays should be time for family abi no be so?

toyibanj:
@ wanaj0,
Welcome back from being in his presence. I'm sure you're pregnant with insight on the NSE 2008 and hopefully you'll share some with the forum. Your contribution was greatly missed and the forum went very technical (RSI, MACD, SMA) for some of us.

When the cat is not on the scene the mice would come out to play

A beg stockfield marshall wanaj0 you go 'download' some of your insights for 08 for us before you go on extended leave of absence

pumping777:
You will find a list of receiving agents (banks and stockbrokers) in the prospectus.

The issuing house is Greenwich Trust Ltd.

I thought you said you were on holidays with your family

Take time o make i no report you to your missus u dey sneak behind her back to log on to nairaland

For all those who have been asking about how to chart and calculate TA indicators please find attached a little tutorial on RSI, OBV, MACD and moving averages with a real-life demo.
The charting software is American unfortunately(well may be not) but its pretty cool you don't have to feed in the data manually it has a feed from the exchanges which means all you you need to is input the symbol for the company  you are interested in and select all the charts and indicators you are interested in and that's it.

Read the tutorial attached with this post and visit this link[url]http://stockcharts.com/h-sc/ui?c=msft,uu[l,a]daclnimy[p][vc60][iua12,26,9][/url] before everything begins to make sense. I think someone else has already referred to this website whick i think is pretty cool

I will be talking about stochastic indicators fast and slow in the next instalment these are very useful for non-trending patterns where the periods are relatively short and you cant establish a clear pattern.For the indicators we have tried discussing on this thread they may give false SIGNALS as the time frame may not be enough to form a definitive pattern

If you need software that will analyse NSE stocks visit trw-stockbrokers.com and you can download a free charting software on the free software hyperlink i havent tried myself. You need an internet connection as the software has a live feed  to the NSE which is used  for downloading NSE data to its back-end database so i gather which means you don't need to maintain a database for the NSE data

Secondly make sure you have anti-virus protection on your computer to guard against spyware that may inadvertently be downloaded (i'm not saying this is the case but just to be sure)

If anybody has been able to use this software please holla

Happy investing

aktopgun:
ladies and gentlemen,
please allow me to introduce u'all to OLUWATAMILORE TOBECHUKWU

born 4.46am 12/12/07, 3.5kg.

mother and child alive and well, father is beat!!!

now i know why jewish men wake up every morning and thank god he didn't make them women, no be yam.
i have a whole new level of respect for my wife now.

thank you to all the fellas on nairaland for all the support.

And the journey begins.

Halleluiah! and congrats. Your joy shall be permanent in Jesus name and what the Lord has started with you and your family He will bring to perfection unto the day of Jesus Christ . Amen

Hope you are thinking of getting him a seat on the board of Directors of Intercontinental, Zenith and ACCESS. I'm sure if you start him early now by the time he's 18 he might just be ready to take over from Jim Ovia

Na him be say your investment don pay off be dat!

And start teaching him RSI, OBV, ATR, SAR, MACD, Aroon Indicators etc etc you know what they say start 'em young

Congrats to you and madam and many many igbosas!

hbrednic:
[quote author=FatherOF2
Its interesting, Most of us here are engineers.How come?.

now we know why our roads and bridges are in bad shape.

They have been concentrating too much on the NSE instead of the roads and bridges in desperate need of repairs

ololufemi:
@ All Nairalanders,

I thank God that they have finally gotten the Bank PHB for me.

Imagine how long it took them to muscle up to buy just 20,000 units of Bank PHB from thursday last week.

nairalanders, na una cause am oh. You don wan buy all the available units on the floor.

Anyway, there is always love in sharing information as long as we all benefit.

I also advice that peeps should do some analysis before investing and you can be sure of guidance from this forum.

I believe that our bond can't be broken.

Happy investing

i join you to celebrate

[quote author=Mr. Cee link=topic=31554.msg1760183#msg1760183 date=1197391937]Your quote suggests that is soon as you mentioned a stock people will scramble to buy it I am happy you know it doesn't really work that way, one really have to make an informed decision.[/quote]Are you really taking that comment seriously? Gimme a break! its blatantly obvious that  it was meant as a joke and if you are taking it seriously i can conclude that either

[list]
[li]you don't have a sense of humour[/li]
[/list] or

[list]
[li]you still have a long way to go[/li]
[/list] or

[list]
[li]you still have a lot to learn[/li]
[/list]

or a combination of some or all of the above

I don't mean to be patronizing or uncivil to you on this thread but if you took my post seriously as to warrant that response from you then i can't conclude otherwise!

pumping777:
I agree with you. I don't see anyone on this forum that will just say "buy this stock" without any justification and will be taken seriously. I know some folks are just being modest, but most times, guys are spot on but it is usually based on sound analysis.

Abi o my broda!

pumping777:
This story has been making the rounds since early this year but yet nothing solid. The problem is that if insiders know this is not happening, they stand to profit while we are waiting for the bad news that will not come.

That is why stock-market investment is a whole package fundamentals, technicals and sentiments!

[quote author=Mr. Cee link=topic=31554.msg1760043#msg1760043 date=1197390411]If this is always the case people that held stocks for so long and wanted to offload might come to this forum and announce them here and wait for the price to move up then they can cash out.[/quote]You can try it out  to validate your hypothesis if you think that's the way it works. I think that is just  being simplistic  

I just cannot believe you think its that simple

pumping777:
There is a difference between having units of a stock and having holdings of a stock.

You are speaking 'semantics' now! playing with words

pumping777:
AGLeventis lost some steam today. I expect to see more profit taking but I am holding on.

BetaGlass gained Max points open to close as expected. I smell the Q-3 results. If only someone will show it to me too  

Will someone put a hold on CILeasing and Lawunion End of year don reach now.  

All these 'tory' about promoting PET bottlling as opposed to glass bottles will seriously impact the bottomline for betaglass infact it may put them out of business. Once the currency of this story starts gaining ground investors and  potential investors alike may panic and send the shares nose-diving.

I will tread carefully on that one timing is of the essence!

pumping777:
I hope so too. Softly softly.

We have to be able to continue to express ourselves so let's fire on. Anyway, folks don't always agree on a particular analysis.

Back to business. Any results today??

Didnt see anything that stands out today looks like market activities are winding down for the year but this may change if TS is lifted on FCMB that's about the only market mover i can think of now

easimoni:
Una see wetin I dey talk? This gentleman is already impugning Wanaj0!

Husu, do your homework! If you like FBN, buy, if you no like, no buy. Until you have solid reasons to question someone's character, play nice. You only know Wanaj0 holds major FBN because he told you so. He didn't have to.

Well i like to believe that Husu is not serious just having a laugh but if he is that na another matter o!

husu:
@wanajo,
I know u have large volumes of shares with first bank,hope that is not the reason u are praising them.?

Trust me FBN is just too big and too massive for wanaj0's recommendation to influence  the direction of the share price even if he is the unanimous stock field marshall on this forum

barge:
That has been the strategy since easimoni drew our attention to stocks heading north after discussion here. methinks some peeps read the ideas here before listening to their brokers.

Seriously i'm beginning to believe that as soon as you mention a stock on this thread it just suddenly develops wings and before you can say Jack Robinson its out of reach

easimoni:
LOL . You self don recognize!

BTW, where is Aktopgun. Since he went to write his thesis for our new members, we never see him brakelights.

i guess he has his hands full now!

FatherOF2:
We go collect our money. My laser beam has been on it since the tuesday just after offer closed when 22 deals had a volume of 348million units and N6.6bn.That's why i bought N2.5m before any announcement here. Henceforth na to buy before announcing on this thread otherwise my current PHB experience no good.Everybody don rush PHB.I've had to settle for Zenith bank now on the floor.Still getting PHB small small sha.

Plus and including your 25% strategy  another one you have come up with is to buy first and then announce on nairaland!
Na wa o