₦airaland Forum

I think you need to move your contribution to------------->https://www.nairaland.com/nigeria/topic-31554.1504.html

easimoni:
Wendy is right, the data on results date back to 99 so I'd like to know what the latest info is do I can crunch my own numbers. When anyone has luck getting on the NSE webpage for livestock, please let me know. 

@ Emmaachile, thanks for the info but please point us to the source. This could be a big one!

check this---->http://www.cashcraft.com/peranking.asp?page=4

EPS=-2.68
EPS=0

data may be outdated as u and windywendy rightly pointed out but can't confirm but if you select This year`s performance in the Market Analysis link on the homepage share price appreciated from 0.65 to 4.65 looks like this is unfolding right before our own eyes

@windywendy
Yep, navigate to the homepage and click on Market Analysis and voila! you are spoilt for choice on which financial indicator you want to select.For some of the financial indicators you might need to input the company name in an input field and Bob`s your uncle!

windywendy:
Emmaachile, where did you get info on livestock feeds? This is one company that I've found it extremely difficult to get any information on. The most I've read about the company is that they used the N300m raised from the rights issue to pay off their debt to some other company (or bank), and that they were planning to refurbish their mills. Do you have any other info on the company -- for instance, who owns it, what the latest results are, etc. Please post here or mail to me at windywendy121@hotmail.com.

thanks.

Windywendy  am a fan of your razor-sharp and forensic analysis on this thread. If you need more info as per Livestock Feed plc please check this link----->http://cashcraft.com/Secanalysis.asp

Almost every financial ratio is in negative territory so no surprises there. cashcroft.com website is very good(shame their customer/client service doesnt seem to match up) you can find all sorts of info on any company listed by using the financial analysis tool on their website

@MT

Let's go again here is an excerpt i found on Independentonlineng.com hope this helps

How Do GDRs work?

GDRs are typically issued in an international financial markets (such as the U.K. or U.S markets), backed by underlying shares that are issued, listed and traded in a local market (such as the Nigeria market). If a Nigerian company issued a GDR, the Underlying Shares will be held in trust by a Nigerian custodian (the "Local Custodian": on behalf of the GDR holders. The Local Custodian will typically be a well respected local financial institution (such as First Bank Custodians).

The Underlying Shares may be existing shares, already listed on the Nigerian Stock Exchange or newly created shares. The Depositary Bank will in turn convert the Underlying Shares into GDRs which may then be listed on an international exchange such as the London Stock Exchange or alternatively can trade over the counter (OTC) and sold to international investors.

At the request of a GDR holder, and for a small fee, the Depositary Bank may convert the GDRs into shares and vice versa. Upon conversion, a GDR holder receives the equivalent number of shares and the GDRs representing those shares are cancelled. The Depositary Bank is also responsible for voting by proxy on behalf of GDR holders, and the shareholder register of the issuer will show the Local Custodian as the owner of the Underlying Shares. Dividend payments are made by the Issuer and remitted to the Depository Bank, who converts the local currency into US dollars, and distributes the funds to the GDR holders,

Holla again if you need to talk about this especially pricing and stuff and by the way im not a finance person i'm into IT i just happen to take interest in these things since i have a vested interest in the health of the nigerian capital market catch my drift?

Like a lot of ppl on this forum have said stay in the US for a couple of years  garner some experience and when you come to nigeria you dont necessarily have to work for  anybody. You can look into freelancing i.e working as an independent consultant not sure what your specialisation is though. Start your own management consultancy outfit and that way you work as an independent consultant and you can determine what you charge your clients and you can consult for different companies and organisations thus making you more marketable. Not sure you know how much 1M Naira equivalent is in US $ about  $10,000 sure you want to settle for that after that expensive MBA in the US.

Nigeria is service sector especially financial is booming all you ned to do is fogure where the gap is and try to plug that gap with what you will be offering. You can look at finance, management consultancy, IT, corporate governance and if your MBA is finance oriented you can look at Risk Management especially in these burgeoning banks. Risk Management/Control is big business in Europe.

The point i guess i"n trying to make you dont need to work a salary you can generate a source of  income without looking at earning salaries

@MT
If you elect to to convert your GDR oldings to the underlying shares it will be exchanged for you at the rate 1GDR=50 and the shares will be quoted at the prevailing underlying share whenever you decide or elect to convert. The price quoted for the GDR is called the bid/offer price and the clearing price is usually a median between the range quoted.Holding the GDR means you are now trading in what is techincally called derivative(you can ask me what that means:-) so there will be a margin or difference between the price at which your GDR is sold or bought which represents your profit bit like buying foreign currency there is selling and buying rate. It is cheaper for you to buy the GDR if you are buying in foreign currency because of the weakness of the dollar against all major currencies dont think this will affect the local holding in nigeria.

Going forward your earnings on the GDR if you elect not to convert to the underlying shares will be dollar denominated therefore you can expect a fall in your returns if you buy in pounds or euros for the simple fact the dollar is at all time low against pound and euros.

frankiriri:
Thot someone would post something on what motivates the man. Its a cliche saying that the guy is reach or going to such lenght to describe what he has or has not. I am more interested in knowing what motivates him and how his life story

The guy`s foundation Gates and Belinda foundation is the biggest charity in the world and he spends 1 million dollars a day on charity and the bulk of this money goes to researching the cure for malaria in africa. Warren Buffet the second or is it the third? richest man in the world gave the bulk of his wealth to the foundation all 42 billion dollars of it so that what motivates these guys and by the way Bill Get`s porsche is 9 years old.

dollyp1cute:
I throway salute Mr Frank Iriri (I was going to say Frankiri ), happy birthday to you, many happy ROI on your portfolio, long stocks and profit after tax.

Seriously though, have a great funfilled day and fulfilled years ahead.

I echo everything dollypcute1 said more power to your to your elbow or is it your stock portfolio:-) long may you live in the land of the living. have a good day!

frankiriri:
Pally, You really sound like a pessimist. I can assure you that the situation is not as bad as you see it,
With Pension funds and Foreign investments still coming into the system and the low money market rates the capital market may remain a viable source of capital gain.
Given the right policies the banks, which are the primary drivers of the market will continue to do well. I am only bothered about the multiple at which most of the stocks mare selling. Even when the correction occurs, it will just provide good buying opportunities for discerning investors.
These are the reasons why I advise everyone to focus more on the long term

That`s why i love you frankriri. Let^s go back to basics. in terms of market size and capitalization the nigerian capital market is still relatively under-performing. The total market capitalization of all the quoted companies is about $20 billion dollars compared to about $200 billion for south africa. How many of the companies have market capitalization in excess of $1 billion only one among the banks i think intercontinental so the nigerian stock market has a long way to go and that`s why its still attractive to foereign investors and the cost of trading is still relatively cheap no capital gains tax being levied yet(CGT) just to stimulate the market in terms of  volume and size of deals.

Secondly in any capital market system there are cycles referred to as bulls and bears and already in europe and america the current bull run analysts reckon is gone on too long its an average of 18-24 months the bull run has been going for about 4 years in europe and america so there will be a bear cycle where we expect correction of some sorts this happens so that the over-valued stocks can be come back down to a sensible level and this actually is an opportunity to buy anyway so as frankriri said its a long-term investment. can any of the pessimists on this forum give me an example of a long-term investor say 5 years and above whose investments have gone down overall in the market. This is not to say you cannot trade short term but you have to know what you are doing.

Having said that there has to be proper checks and balances by the capital markets regulators to ensure that investors are not being cheated and that nobody is allowed to manipulate the  market by artificially manipulating stock prices and other sharp practises.

In recent memory the only instances where there have been spectacular stock market crashes was during the great depression of 1930 and  1987. This will happen when there is a cataclysmic occurence and i tell you these are few and far between.

In the same vein that does not mean you shouldnt do your own due diligence by making sure your investment decisions are driven purely by the company fundamentals(educate yourself) and not by market sentiments. If a company has not  been  active in the last 5 years or so and then out of the blues they start declaring mind-boggling profits and results and you are tempted to invest i think  you will have yourself to blame on the long-run and no one else.
So let the gravy-train roll on

As an answer to the question of participation raised by frankriri please contact the following underwriters but your subscription will be denominated in dollars so you can expect volatility regarding your returns viz-a-viz the dollar exchange rate to the naira

The Domestic Underwriters and Receiving Agents are(source Proshareng)



Afrinvest (West Africa) Limited

11th-12th Floors, Foreshore Towers

2A Osborne Road,

Ikoyi, Lagos.

Telephone:

234-1-2701680-88

234-1-2695479-81

234-1-2694005

Fax:

234-1-2694392

234-1-2701689

Contact Persons: Onoise Onaghinon and Chichi Ukiwe




BGL Limited

Plot 1061 Abagbon Close.

Off Ologun Abgaje Street. Victoria Island

Lagos.

Telephone:

+234 1 2623 141, 2623 256

+234 1 2672 799, 4610895 – 6

Fax: +234 1 2623 258

Contact Person: Feyi Olusanya




FBN Capital Limited

16, Keffi Steet,

South-west Ikoyi,

Lagos.

Telephone: 234-1-2630819

Contact Persons: Tairat Tijani and Chris Olowojolu




First City Monument Bank plc

Primrose Towers

17, Tinubu Street,

Lagos.

Telephone:

234-1-2641296

234-1-4612616

234-1-4612620

Contact Persons: Bayo Rotimi and Debo Adeosun



Futureview Financial Services Limited

Futureview Plaza

Plot 161D, Audu Taylor Close

Off Idejo Street

Victoria Island, Lagos

Telephone:

234-1-4733570,

234-1-2629856-7

Contact Person: Peter Owunna




IBTC Chartered Bank Plc

IBTC Place

Walter Carrington Crescent,

P.O Box 71707

Victoria Island, Lagos.

Telephone:

234-1-2626520

Contact Persons: Funso Akere, Ngozi Tagbo-Ocheho and Lolade Akinwale




Sterling Capital Markets Limited

20, Marina,

P.M.B. 12933,

Lagos.

Telephone: 234-1-264010-9

Contact Person: Seni Oduwole




Vetiva Capital Management Limited

Plot 266B, Kofo Abayomi Street

Victoria Island

Lagos, Nigeria

Telephone: 234- 1-4617521-3

Fax: 234-1-4617524

Email: info@vetiva.com

Contact Persons: Kolapo Joseph and Segun Opaleye




WSTC Financial Services Limited

28B, Adeola Hopewell Street,

P.O. Box 75519

Victoria Island,

Lagos.

Telephone:

234-1-4618490

234-1-4619989

Contact Person: Yetunde Olumuyiwa

Culled from proshareng

frankiriri:
You could have , at least, provided a reference to the other thread.

Sorry my mistake can we all use this thread easimoni has kindly provided again------------->https://www.nairaland.com/nigeria/topic-64907.0.html

There`s no need contributing to the same topic twice on different threads

seun can you pls delete this thread as it is repetition of the same thread as regards GTB GDR

easimoni:
Does anyone know if there's going to be a technical suspension or if that's unnecessary with GDRs? I own quite a few GTB shares and was hoping to "hide" behind the 6 months it takes to issue new certs and the usual post-suspension bull-run. Now it seems the shares are going to be diluted instantly (the degree of dilution is yet to be determined).

To the Gurus   : does this make GTB a buy, hold or sell? Should I eat my loss (as I seem to be doing lately) and move on? Will the listing of GTBs GDRs (say that ten times v. fast) on the LSE put a premium on the share price (not worked so far for Oando)?

Let me make an educated guess there is not going to be any technical suspension because the GDR is dollar denominated both for the foreign and the local component but the sum effect is that divdends(if you are that way inclined) will be paid in dollars so i don't think any foreign investor for example will be waiting for 3-6 months to collect a certificate as such as you can see this is biased towards foreign investors so the short answer is (you may not like this) instant dilution of shares if even if you decide to exchange your  GDR`s for the underlying shares. We will know the extent of dilution by wednesday this week and pricing by 20.07.07.
Having said that you can also by the same token convert your current holding into GDR in which case it will be dollar denominated and trade on the floor of the london stock exchange if you are not interested in waiting for your dollar denominated dividends. I hope the listing will put a premium on the shares on the LSE remember GTB has already got very good credit rating frrom two of the world`s top credit rating agencies so this should make it attractive to foreign investors and hedge/private equity funds. Yo can be sure if the $500m foereign component is mopped on the floor of the foreign exchange this should help drive up the share price with a residual effect on the shares listed on Nigerian Stock exchange but all these are permutations which may right or wrong but at least we havent got long to wait so you might want to hold fire for now and see how things pan out.
`
I`m buying into it by the way and will hold till i know what direction the share price will be taking in the next weeks

A Global Depositary Receipt (GDR) is typically a dollar denominated instrument issued in international financial markets through a registered depositary bank. GDRs are negotiable bank certificates, issued by the Depositary Bank and representing ownership of certain equity securities (the Underlying Shares) that are issued and tradable in a local market. These negotiable certificates represent ownership of a certain number of shares of a company and can be listed/traded independently from the Underlying Shares. The issued GDRs are exchanged with the Underlying Shares at a predetermined ratio (for example, 50 shares to 1 GDR).

Quoted from allAfrica.com

This means the GDR`s are fully convertible to shares at your own convenience.Until we know how many shares are exchangeable for this GDR we cannot determine the shares issued (we should have this information by 11.07.07 according to Proshareng.com)

easimoni:
I read the article and found it tough to follow. I think I understand what a GDR is (and kudos to GTB for thinking out-of-the-box) but how many additional shares will be listed and when? I think someone who is knowledgeable should start a new thread to address this and keep us posted as things develop.

Nice to have to have you back easimoni missed your precise and articulate analysis.
There is a phone number i can call regarding this GDR and hopefully i can make some sense out of them @GTB so we will start a new thread under www.investopedia.com I found it hard going myself!

shigidi:
wel actually gtb is already out as of this morning. they are selling global depository receipts. am not sure where they can be purchased .minimum of 80,000 for investment and ends on 19th july 2007.
personally, i think wema ,obajana, japaul are my picks

Not quite correct as per the local portion of the GDR $250M dollars the pricing range will be given on 11.07.07 and exact pricing by 20.07.07. Quoted on the LSE(London stock exchange) and dividends paid in dollars.

For the details of GDR please visit --------------->http://www.proshareng.com/myproshare/portal_articles.php?id=1157

BIGBOYLARY:
@ ALL

The following companies will be coming to the market very soon can we digest and made comments on which one to put our money in and why:

Diamond Bank, Access Bank, Fidelity Bank, GT Bank,

Obajana Cement, Dangote Flour, NAHCO, CCNN,

Capital Hotel, IGI, Nigeria Reinsurance, Nitel, Ecobank, ETI,

Kaduna Refinery, Port Harcourt Refinery, Japaul Oil & Maritime Services, Guaranty Trust Assurance,

Morison Industries, Skye Bank, FCMB, Continental Reinsurance, Wema Bank, Spring Bank,

Design Union Developing Limited (a key player in the real estate sector)

Costain West Africa Plc are expected to come to the market through initial public offers or public offers.

You forgot to include PHP Platinum bank and Wema bank is facing the prospect of a foreign partner having a substantial if not controlling equity so watch the space!

Does anybody know or have heard about Forthright securities and Investments Ltd. A banker introduced them to me and i`m thinking of openining an account with them. They claim among other things on their website:

Collection of outstanding dividend and bonus:
That is dividend and bonus certificates that were lost in transit but returned to the registrar.
Confirmation of Holdings / updates of client's account with registrar.
Change of address, names & signature on behalf of our clients.
Consolidation of Account.
Registration of Executors (i.e. Probate registration).
Registration of Letter of Administration
Revalidation of dividend warrants.

On the surface these services are exactly what i`m looking for

Any advice welcome.

I think it makes more sense financially to purchase a 3-bed flat in a block of 4 flats from megamound investments(lekky county estate) in Lekki opposite Eleganza estate. They go for N12M and you only need a down-payment of 20% which is N2.4M and you take out the rest in mortgage over a tenure of 10-20 years which means your mortgage is less than the rents you have quoted for similar properties

And some of the units are build-ready

Access Bank offer to open next week

Pls read this ------->http://www.proshareng.com/myproshare/portal_news.php?id=2570

Apparently some unnamed foreign investors have deposited the sum of N31.8b for Access bank public share offer due to open next week
With the influx of foreign investors albeit a good development it means the market cap will increase and thus invariable increase efficiency but i suppose the question how long will it take before they start buying up all these institutions? for how long will the CBN continue to shield these banks i think they are questions worth pondering especially those active in the capital market

madeonline:
For all those who are willing to sell/buy online and need stockbrokers or CSCS House and account numbers within three working days contact ogunyemi@gmail.com with the attached form filled out.

Cheers! Keep making money and remember to let your money make more money for you!

Yep i could use your services as i have a lot of portfolios but no CSCS house and account number(share certificates not yet verified) so would be very handy. Just a quick question which stockbroker are you going to hook those of us who are interested with? i think i would like to know because i have list of some stockbrokers i would not touch with a barge-pole

@frankriri

I think this is a kool idea.

As for the modalities i think after you have come to an agreement with your counterpart i suppose you would need your stockbrokers to conclude the transaction as long as you have identified your counterpart you are dealing with and in possesion of the transfer details so you will need to instruct your broker accordingly.

Let me know frankriri if my assumptions are wrong.

I have about 50,000+ units of Access shares to sell. If interested get in touch by e-mail to: ailesanmi@gmail.com

Nimshi:
No, hbrednic. Biodiesel wouldn't hurt DSR (biodiesel involves the separation of glycerine from some feedstock like vegetable oils, animal fats, etc; the big word for the process is transesterification, ); but ethanol could hurt DSR. Both ethanol and biodiesel are promising biofuels.

Brilliant post, yours.
.

@Nimshi
seems you are knowlwedgeable about biofuels etc. I have been looking into ethanol for nigeria in areas where the raw materials especially sugar cane and sorghum and so on are abundant. What do u think the prospects are and the feasibility? I know university of nigeria nsukka have done a research using cassava starch for ethanol and i think they are looking for investors so from a technical and commercial point of view what do u think the prospects are. Like to link up with you at some point

Fish processing venture

I have read a lot about fish farming et al and one thing that keeps jumping at me  is that what happens to the fish that is being produced. I dont believe that all the fish we are producing in nigeria are being consumed at surce so how about processing facilities that transform the fish we produce into something more attractive for exporters and secondary consumers alike. I mean things like fish-oil,fish cake, food additives.Fish is very rich protein the by-products are so much attractive to other industrial sectors especially pharmaceuticals and food processing.

From my little research a lot of our primary produce are being wasted because we dont have adequate storage and processing facilities for wha we produce fish inclusive. So i'm interested in fish processing technology and i would like some to brain storm with some others are thinking along this direction dont mind starting another tread. I need to invest cash and i think if we do our homewrok properly this is potentially a lucrative venture. There is a lot of money to be made in the agri-business space

You will not believe that there a lot of engineering fabrication  outfits in nigeria that are equal to this task so sourcing the equipments should not be much of a headache.

So let the contributions and discussions commence after whch will come up with something that would allow us to  put forward a busines plan at least and then see how far we can push this.

Over-valued Stocks: Market Correction In Sight?------------->http://www.independentngonline.com/?c=78&a=29309

Femtex:
My guess is part of the raw material being used to produce Raw Sugar will be use for bio diesel production. I know Brazil produce a lot of sugarcane which they used for Sugar production and also for Bio diesel, but right now, I don't think they produce enough to dominate the bio diesel business and still be the biggest player in the Raw Sugar Industry.

Brazil is the biggest producer of ethanol fuel from sugarcane infact 60% of all the vehicles in Brazil run on ethanol feul and recently NNPC renewable section has entered into an agreement with Brazil to import ethanol fuel apparently there is a directive that in the next few years the petrol  must have 10% ethanol so i guess this will put a lot of pressure on sugarcane production in Brazil. There are 29000 filling stations in nigeria according to reports that have been kitted out to sell ethanol fuel so its all happening so not sure what effect this will have on DSR

N`landers

I have been doing some research about some of the abundant raw materials and natural resources(excluding petroleum) we have been blesssed with in this land. I came to the conclusion that because we dont add value to these resources the people who travail to produce these material will always be at the mercy of the buyers of these primary products and hence they are able to dictate and manipulate the prices as they so desire not to talk of wastage due to lack of processing and storage capacity.

Take a point in case there is an abundance of cassava in the land but how many processing plants do we have that can convert this primary product into semi-processed or processed materials? very few sadly. If we take a little bit step further and we can start thinking of investing convering cassava into cassava chips for example i see limitless possibilities here. Almost everybody is on the bandwagon of fish farming but how many fish processing plants do we have? i`m sure you can answer that question.

The implications are that we have closed our eyes to the lucrative opportunities in the local and export markets. Why should we be exporting our raw materials and spend valuable foreign exchange to import these products back into the country at unfavourable currency exchange rates? Look at soya beans, gum arabic for example if we can add value to these raw materials there is a huge export market out there in Europe,Asia and America. These products are valuable input in the pharmaceutical, paint making and chemical industries to name a few. So the question is what am i driving at?

While we make feeble at attempts at utilizing these raw materials by adding value from my findings i think we are only scratching the surface. Look at the raw materials and research development council website --------------> www.rmrdc.gov.ng they have done a lot of work and commissioned a lot of projects just waiting for investors who can spot the abundant opportunities in processing our raw materials.

I`m particularly interested in fish processing so ideas on how to move forward with this initiative is welcome. I need to invest some of my cash, i`m into stocks and shares and properties both in nigeria and abroad but i believe we can still do more. Nigeria is blessed and its about time we started looking inwards at those things we seem to have overlooked. We are blessed as a nation and its high-time we started exploiting what we have been blessed with!

I seriously believe that South Africa, Congo, Angola and Nigeria are perhaps among the most blessed countries on planet earth so why are we still ranking at the bottom of every league table as the statisticians would have us believe? Think about this and lets start a productive discussion

First Bank extends public offer till 5th July
http://www.proshareng.com/myproshare/portal_news.php?id=2523

psytarry:
UBA OCEANIC ZENITH

Earnings 20,500,000,000 16,000,000,000 20,500,000,000
Shares 8,472,000,000 11,642,006,625 9,265,524,300
EPS 2.4197356 1.374333525 2.212502967
P/E 18.81 18.53 25.18
Current Price 37.99 19.53 47.91
P/E @ Price 15.70006244 14.21052434 21.65420825
Growth 47.62 34.45 78.45
PEG 0.3950021 0.54435 0.32096877
FP after end of year 115.2278093 46.78231318 173.5708577
Trading Band
E P at P/E 45.51522663 25.46640021 55.7108247
E P at Peers Lowest P/E 44.83770066 25.46640021 40.99767997
E P at Peers highest P/E 60.9289424 34.60571815 55.7108247
Possible G/L at Low P/E 18.02500832 30.39631446 -14.4277187
Possible G at Est Price @ P/E 19.80844072 30.39631446 16.28224733
Possible G/L at High P/E 60.38152777 77.19261727 16.28224733
FY 30-Sep 30-Sep 30-Jun


where FY means financial year end
E P means Estimated price
F P means fair price
G/L means gain/loss
i have list of banks projections bt because of space so i decided to only show jst three companies, this is my own typ of valuation that has been helpin mi think it wil help sumbdy here2, i used IBTC n many more, UBA is stil a good buy,4Oceanic hold n Zenith a big HOLD even if its overpriced-i did this 2months ago, My latest projection 4Zenith is N65, this my no 08060955473,email:psytarry@yahoo.com, i'll love 2work wit u guys Nairaland users-it that d name??God bless u guys

Phew! excellent hook me up @ ailesanmi@gmail.com

shigidi:
guys, dpes anyone know anyggod magazines that will give good info on hot stocks? help

easimoni:
He claims the stock has "support" at N66 and N68. He does not expect the price to drop below those numbers. You pointed out the problem with TA. It's always correct in hindsight.

On another note, why is the market dropping like a rock?

according the analysis by proshare they reckon investors are selling off their holdings and taking profit in order to buy into the IPO`s since accordîng to them a lot of the stocks in the secondary market are overvalued

[quote author=Naija_lawa link=topic=45329.msg1216692#msg1216692 date=1182249130]Can you move this to the Adverts thread pls!

For those interested:
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• MICHEAL OYEBOLA- Qualified fund management and financial service professional broadly experienced in security/ investment analysis and valuation, fund and portfolio management. Masters degree in finance from Middlesex University, London. MSc in Investment Analysis from Stirling University in Scotland. Associate member, UK society of Investment Professional, Member of the CFA Institute. Currently the Chief Investment Officer Guaranty Trust Assurance Plc. He will take participants on Financial Statement & Analysis, Investment Research and Analysis.
• SETH AKUTSON- MD/CEO Resource Associates Ltd. Doctor of Economics, Obafemi Awolowo University Ile-Ife, a research consultant to Chartered Institute of Stockbrokers, an investor with about 20years rich and varied experience in the Capital Market, thus affording him the unique opportunity to understand the working of the industry. Besides, as a sophisticated economist will review the Government policies as regards the capital market in the past 8years. How to invest with government policies and outlook.
• YOMI OGUNFOWORA- A seasoned banker and new generation chartered stockbroker. He is the head Equity Dealing in Zenith Securities Limited, a subsidiary of Zenith Bank Plc. He is an investor and investment trainer, young and dynamic speaker. An accountant and MBA in Finance. He will take participant through Consolidation, its Impact on the Nigerian Stock Market Performance. Case study: Banking & Insurance sector
• TUNDE OLADAPO – DIXON- Chief Operating Officer/Chief Research Officer, Stockpicks Consulting Limited, member of Chartered Institute of Stockbroker (CIS), Associate Member Certified Pension Institute of Nigeria (CIPN), Associate member Institute of Benefit Trust and Management, a certified investment analyst. Verse in relating and interpreting capital market data and analysis with forecast, facilitator of many trainings and seminars. He will take participants through Stockpicking and strategies

Can you see why you must be part of our epoch making summit? I promise, you will be a better investor.
Plan to attend.

For enquiries and sponsorship
Please call: Tunde: 08034242509, Tinuola: 08059841253
Tunrayo: 08023683124 or 01-7619329

Thank you.

Yours in Service

Tunde Oladapo-Dixon[/quote]