₦airaland Forum

Naijadr:
my dear I think at the most recent comment, he meant if he puts N100k in there(chellarams), at 5% gain, that wont be enough profit, hence very useless, but with someone like wacky waja carrying volume with N40mil, 5% is N200k
I went back and found that post and thats what I got from it.

Hmmm, I'll let Fof2 speak for himself first before I comment further. But I was beginning to notice comments (both the last one and some previous others) which to my mind appear condescending to long termers, and hence my post.

SavvyLanre:
@Grabdaloot - at least you sold your Aglevent intentionally.
Me i was trying to do a short and long, so i maximise on the drop that happened second week of the year. I forgot to cancel my sell order, as there was an expiry on it,
Next thing i knew, I was querying my broker ZSL for not executing on all my orders - the following day, everything was executed on - including the Aglevent. I no fit talk,

Hmmm, make una dey siddon look. When I started mentioning AG Leventis, the price was like N3 or thereabout. Wetin una dey think? Like I said back then, volumes will show up at the right price on this one. I entered, exited at a handsome gain and re-entered at about N5. Na me go dey dictate price to all of una wey wan buy now . Infact, Fatherof2, I don close all windows, so no crashing in fit happen

pumping777:
1.4B ke? Meaning they had a PE of 5.5x? I don't think so. This must be the figure IBTC used to come up with that 5x PE for Crusader in December.

It was actually 7.4B that was outstanding before. Now it is 14.2B. Scary forward PE of 55x.

Ok o, let's wait for Easimoni to confirm  his figures _{by the mouth of 2 or 3 witnesses . . .}  

ACL:
@ all
rough, wanajo,wendy
please whats up with this DVCF OIL & GAS @ 1:31k
my colleague brought it to the office & it was also advertised on radio.
thanks

Sorry, don't know nothing about DVCF Oil & Gas. Seems like it's some kind of fund. No idea what it is.

@Fatherof2, you know say you be my brother any day abi? And I respect your opinion very well on this forum as well as the other many varied opinions. But e get one thing when you dey do wey de vex me well well.

Your strategy is sound no doubt, and you're obviously successful at it. I, like you, trade very heavily too. But sometimes your comments seem condescending to people who choose to do long term investing. Not too sure what's going on between you and Wanaj0, but it's not too cool for you to come out and call a stock useless, especially after someone has recommended it. Haba, Fatherof2, this detracts from your very well respected views na, it's beneath you.

Anyway, me I don talk my own finish  . Please keep your comments impersonal, it'll help to foster open-mindedness on the forum, which is what we really want.  Abi?

pumping777:
I no be easi o but,

I have 14.2B shares. I won't bother calculating the ratios

14.2b   . Naaa, not sure that's correct. They previously had 1.4b and just listed additional 6.85b. Can't possibly be 14.2b  

@Easimoni, for LASACO, I have 8.27b shares outstanding. Can you pls confirm if this is correct? Thanks.

@Frankiriri, really sorry to hear about your loss. My condolences to you and your folks.

pumping777:
The sharp volume rise by Ikeja Hotels yesterday told me profit takers were lurking and price depression was very likely today. I never wanted to sell now but I just had to make the most of it and lock in my profit.

Ah, I see you learnt your lesson from the PHB saga eh?

yodiyokun:
Ish My sister

Just siddon dey look them ooo - some of them nice to a fault and some -- gra gra three much for them.

LOL!!! Kai, you too dey funny. Anyway me don go be that!

easimoni:
Standard Alliance is on TS, Lasaco lists 7B new shares and some peeps bought 170M units of Soveriegn Trust today!   Insurance is a minefield. I'm out.

@Easimoni, I hope you didn't get caught napping in the Standard Alliance TS. My broker told me about the impending TS and I shared it on the forum some days ago.

wanaj0:
FBN, na the donkey/ass wey we go ride enter Jerusalem!!!! That one is always on the shopping list come rain come shine (until they get old like UBN)

Insurance, me don enter since so I no fit dey buy now. Buy UNIC at 5.00 whne it was sold @ 1.10 PO and undersubcribed in 2006. Crusader was like 1.90 then. Got my account officer removed for not getting that one for me. NEM was like 0.55 now make I come pay over 4.00 Mba. Go just dey enjoy the one wey I get now. Once they finish the jaguda merger and consolidation, na parachute me go use diembark. No rules, no procedure. Just compared the consolidation exercise of the two industry

E be like say you too dey like "gra gra"   Why will you get the poor guy removed for not getting you a stock? Relationships are more important than money o, my bros. And as a representative of Christ here on earth, you should exude His Grace and Mercy. Again, you know say you be my brother for real, so make you no vex as I talk so o  

Ok I'm off. See you all tomorrow. Today dey busy for me, no be small. That my new oga, e get as e be. @Yodiyokun, the man na canadian o, and e dey tactless no be small  . How you dey cope, seeing that you work in canada? _{apologies to all canadians on the forum}  

SavvyLanre:
@wanaj0 - you don remove FBN from your radar?

Easi - i confuse for that Insurance o, if one of the guru fit recommed 3 with better analysis (preferably Windy or Wanaj0). I fit stay long term.
Currently, i am looking at Equi, Crush, wapi and lasa for long.

How much you go pay?

wanaj0:
Anyone on board of UNIC Hit the magical 5.00 today

BOC is about to get out of ORBIT now OOO. I don't like space shuttle so must disembark in batches. That sector did well today OO. Windywendy, I dey suspect you for the moves in that sector OOO.

UNTL still dey do the more you look the less you see.

Now who dey pursue NCR now We jsut mention am the stock don start to gain 5%

All those that bought tha OandO PO and Rights, at last God don answer una prayer. Please send IV for thanksgiving Sunday.

UBA and DSR still within striking distance.

Me ke? No be me oh! I took position in that sector last week when most peeps were asleep. Me no dey play catch up na. With this my short leg, na five steps ahead I dey move one time  

Genuine:
Naijasoil at gmail dot com, abeg, i'd like to keep in touch with people wey sabi. . .  Especially Easi, Wanajo, roughcut and Fo2!

oh and wendy oh!

Hmmm, me na "after-thought" abi? If I see your email ehn, I go just delete am sharp sharp  

SavvyLanre:
. . . BTW, are you still @ that 121 hotmail dot com

Yes. However all potential mails asking for what will happen to a stock price or whether a stock price will achieve any target should be directed to bigboylary's email addy  

SavvyLanre:
Altitude is still achievable, but highly unnexpected before Q3 results in March. So, you can short at the altitude and pick-up again for long at 28/29,
Some people might not even be bothered if they are holding insignificant No. of shares.

Anyone, with the Quarterly spreadsheet?

Q3 results will be out in May. PO shares willl be listed in March. Best time to recycle in will be March after PO shares are listed .

SavvyLanre:
@Kpineo

You still fully dey onboard PHB, aba na greed be that; you knew first turbulence was at N29 and N32 be max altitude for initial run. Anyway, the thing go take off again as Oga pilot Pumping mention - But when the time come, i go dey onboard this one. I no go look dey do analysis, from tower.

Hmmm, that flight still dey? Pumping777, you still dey fly am? Anyway, from my own perspective, the next thing that can make this stock move up will be the 9month result, which should be out sometime in May. But the thing is that before then, the PO shares will be listed (March 3, according to prospectus) and PO sellers will work their usual deal on the share price and create further buy opportunities for those of us that exited at 30 something  . But then again, wonders may happen and things could very well turn out differently . . . So make  your decisions.

wanaj0:
big time brokers no dey get those kind of shares to BUY. na hustlers dey buy am. So if you dey use the psychadelic brokers, no show. Get someone wey go dey hustle for floor ringing bell for the stock. Some PP's were done like that. Guinea insurance was one. universe Re was another. Even the issuing houses no go get name.

Hahaha . So my broker is psychedelic?? _{chei, just when I was beginning to think highly of them . . .}

Thanks for the advice though!

wanaj0:
Not looked at the market closely so was not focussing on those little little stocks. You can however check Aluminium Extrusion. But if everyone on Nairaland placed an order, too bad!!! Today na only two deals of 4,750 units were done.

NCR don commot for ground so I no dey track that one again. I look for small companies whose products are in high demand or being turned around.

If you can get Thomas Wyatt also, na money be that!!!

You don come again o   . Aluminium Extrusion, forget! No volume! NCR, I tried getting about 2 or 3 months ago when I heard about the deal with UBA and some other big banks for the deployment of ATMs. No show. Not even 1 unit could my dear broker obtain. Thomas Wyatt? yeah right! Tried that also when I learned that they were restructuring and doing a rights issue. No show there either. Don't bother with Greif (vanleer), been there, no show   .

Anything on the insurance or bank side?

@Easimoni, For Transexpress, I have shares outstanding of 265,093,020 (and that includes the 1:1 proposed rights issue).

@Grabdaloot: thanks for the info on Eterna oil. Will be keeping an eye on those guys.

wanaj0:
The rights was in the news since May last year. I begged My Peace to evn give me One unit then I will qualify for the rights and apply for more than my entitlement she no gree. She just want to chop alone.

They've not done the rights. My concern is the date of qualification for the right. Well, me don fashie My Peace and her company. God dey!!!


Well, my strategy is so simple. I dedicate a percentage of my portfolio to such stocks and hold on till they peak.

Bought Chellarams @ N1.98 (only got about 70,000 units). Got a bonus of 1 for 1, Being getting 0.15 dividend. Now price is >14.00. Now for a 140k investment now worth over N1.5m in less than 3 years is good enough for me.

Same thing i do with BOC, started accumulating @ 2.50 last year. Waited for it to reach 14.00 and now want to tell them Thank you.

If you get the small volumes when they are small, and you hold it long enough there should be no wahala.

That's why I love good PP's. taht's the opportunity to get good shares at at cheap price and acquire large volumes.

Now, as I no be money BAG like you, the small volume is still good enough for me. I am not interseted in buying the whole company

Ah, you come yab me finish and you still no give me any recommendation abi? Anyway, God dey.

@Wanaj0, you know say you be my brother abi? So take what I'm going to say in good humor.  

Your stock recommendations don dey vex me no be small. How you go dey constantly recommend stocks wey no get volume? Chellarams, Nigerian German, TRANEX, and nowBOC gases (which I tried in vain to get. Even 100k units, my broker no fit .  . .). Me no dey benefit from all these ones na. You get any other recommendations so? _{Abi you no wan make me too benefit from your vast knowledge?}  

MyPeace:
@Windywindy

They have not done the Rights of 1:1, but about to.  where u get info say them don do am?

Really?? Na for one newspaper I read this one o. They say a rights of 1:1 was approved in December during an AGM or something like that. So they were issuing additional shares of about 133m (effectively doubling the outstanding shares to about 266m) to existing holders. They may not have done it, but it sure looks like the shareholders have approved it.

By the way, when can we expect the next results? _{abi, we suppose benefit from your insider status na}  

ebony9ja:
Deap capital- live from the floor.

DEAP CAPITAL MANAGEMENT AND TRUST PLC
AUDITED ACCOUNT FOR THE YEAR ENDED 30TH SEPTEMBER, 2007.
                              2007        2006
TURNOVER                     N739.5m    N296.8m
PROFIT BEFORE TAXATION       N331.1m    N99.8m
TAXATION                    (N22.6m)   (N8.5m)
PROFIT AFTER TAXATION        N308.5m    N91.4m
PROPSED DIVIDENDS             N0.13K
PROPOSED BONUS ISSUE 1:2 CLOSURE OF REGISTER FEBRUARY 12 TO 14, 2008.


For the lucky holders of this stock- I say congrats.  Now I can count till 12th,

Whao, I was wrong on this one! . Didn't see the bonus coming, and didn't believe the rumor either Ebony9ja, enjoy your loot on this one oh! Cooool

BIGBOYLARY:
@ ALL,

WHOOOOOOOOOO this is interesting 40M LOAN AJEOOOOOOOOO WERE IS MY CRYSTAL BALL LET ME SEEE BUT BEWARE NSE STLL DEY BLEED AND THE BLEEDING IS ABOUT TO START

Heeeeyyyyyyy Bigboylary, where have you been? We've missed you on the forum Oya, quick quick, before you do your disappearing act once again, tell us what your crystal ball is seeing for the rest of this year

@all: it's very uncharacteristic of me to log in on a Friday evening, as I like ensuring that my weekends are as "internet-free" as possible. However, I need to retract a statement I made earlier today about Trans-nationwide express. I had the wrong numbers -- did not factor in the fact that they just recently did a 1 for 1 rights issue, which basically doubled the number of shares outstanding. On this basis, the company doesn't look so great from a valuation perspective _{sorry Mypeace} but still has good market potential. Forward PE is almost 30 based on Q3 2007 result. So wait for more reasonable valuations before entry. Fortunately my broker wasn't able to get too many units today  .

@All: Enjoy your weekend oh! Until next week. Laters!

aktopgun:
my sis wendy

he is well and as i told roughcut earlier we await the physical manifestation of the spiritual truth in jesus name.

i will surely give the testimony on nairaland, trust me.

It is well! Just a scripture to encourage you:

Isaiah 46:4 (New International Version)

Even to your old age and gray hairs
      I am he, I am he who will sustain you.
      I have made you and I will carry you;
      I will sustain you and I will rescue you.

According to the dictionary:

SUSTAIN means:
1. To keep in existence; maintain.
2. To supply with necessities or nourishment; provide for.
3. To support from below; keep from falling or sinking; prop.
4. To support the spirits, vitality, or resolution of; encourage.


And RESCUE means:
1. To set free, as from danger or imprisonment;
2. To save

RoughCut:
Myself and Stock Marshall wanaj0 we beg Mypeace tire make she let us in on the action when the stock was <N1.00 she no gree do anything! She works for that company!

Hahaha! I remember that time! Me sef wan enter back then, but no volume. But even at today's price, it's still very cheap! Those guys have a niche market and are growing a lot (Abi Mypeace no be true I talk? ). I don't see this price fall lasting too long, so I'm averaging down on this one.

@aktopgun, how's the baby doing?