9free
I cant find the blood!
It's still early though.

investment Gurus in the house,
I have really not taken a kin look at the market for a long while now, since the market crashed and I lost heavily. Though I still have some shares (not much) in some companies.
I have recourse to come back here, because a friend have started disturbing me about it again. I will like to know if there are any companies doing public offer?

jamace: Make no stock your permanent enemy or friend. Your interest (which is to make profit) should be the only permanent thing.

Happy investing.

First bank is my permanent enemy

otokx:

First bank is my permanent enemy

in business. kill emotions

eagle,eye:
investment Gurus in the house,
I have really not taken a kin look at the market for a long while now, since the market crashed and I lost heavily. Though I still have some shares (not much) in some companies.
I have recourse to come back here, because a friend have started disturbing me about it again. I will like to know if there are any companies doing public offer?

hmmmmnnnnn, hold your money

bigx:


in business. kill emotions

Look at the supposed peers of first bank being zenith and guaranty bank then you will realize why i dislike them so.

bigx:

hmmmmnnnnn, hold your money

any particular reason?

bigx:

hmmmmnnnnn, hold your money

Supported, Almost All The Stocks Are OverValued.

soloniger:
Supported, Almost All The Stocks Are OverValued.

ok

saanil: Hi Guys.

From where I can get the reporting dates for second quarter results for Guaranty Trust Bank/Zenith Bank/FBN Holdings/UBA and ETI? I want to know the dates when these banks will be releasing their 2q results..If anyone knows here please tell me.

Any help with the question above?

soloniger
Please what is your yardstick for for determining that a stock is over-valued? I know that you are not talking about p.e. and eps. Kindly enlighten me.

I usualy type the name of the company, the quarter i need, the year i need in google search. Sometimes i narrow it than to nigeria by adding nigeria to it. If my expo works for you do not forget to send me a trailer load of raw enthanol i will mixe it my self and drink.

saanil:

Any help with the question above?

Toluway: soloniger
Please what is your yardstick for for determining that a stock is over-valued? I know that you are not talking about p.e. and eps. Kindly enlighten me.

it is very difficult to determine.

Thanks Redoil
I asked because a couple of our friends are saying confidenttly that most of the stocks are currently overvalued. A lot of unpredictable factors may determine the price of a stock at a point in time. Prices are unpredictable. But if a stock suddenly rise to a high price without commensurate fundamentals, you may wait for it to adjust. But the bottomline is to invest in a credible company that will pay good dividends, like gtb and zenith. There results are always there to show, so dont ask me whether I am their promoter. Though speculators see things in a different way. If you dont have the wizardry of stockbull and other Ogas at the top, dont speculate. You may still continue to learn from them like I am doing.

Toluway: soloniger
Please what is your yardstick for for determining that a stock is over-valued? I know that you are not talking about p.e. and eps. Kindly enlighten me.

Dem plenty na.......Oya make I list some. In no particular order.....:
1. Compare current stock price to intrinsic value
2. Compare its P.E to industry average then Market average
3. Compare its fundamental metrics(P/B, EPS, EBITDA, CFO, FCF Yield and ICR) to others in thesame sector and same capitalization structure
4. Check Corperate Governance
5. Management Team and Level of qualitative Management Decisions
6. Dividend History
7. Growth Potential
8. Cooking of Accounts
9. E.T.C

Oga 9free, pls let me be cosulting you before I pick my stocks. I am too old to be looking at all these factors. But I think gtb, fb and zenith are not overvalued at current prices, same for skye bank. Thanks.

Toluway: Oga 9free, pls let me be cosulting you before I pick my stocks. I am too old to be looking at all these factors. But I think gtb, fb and zenith are not overvalued at current prices, same for skye bank. Thanks.

For the bolded, I know say you get enough money so paying consultation fee no go be problem for you.
GTB, 1Bank, Zenith and Skye are all selling at a discount. That is base on my Objective and Subjective analysis...
Caveat: This is not a recommendation for anybody to buy the aforementioned stocks.
Happy Investing.....

9free
Thanks a hundred times. I know I still need to aquire more education but kindly tell me what you mean by 'the listed stocks are selling at a discount'. They are all in my portfolio anyway, but considering the load of money zenith and gtb are paying as dibidends, I see no reason why they should not constitute most of my investment for now instead of my 32 stocks. Selling at a discount, does it mean leveraging investors?

Toluway: 9free
I cant find the blood!
It's still early though.

SO U NO DAY SE WELL WELL? WHAT OF TODAY?

otokx:

First bank is my permanent enemy

SO NA U AND 9FREE THEY BRING FBNH PRICE DOWN ?

Toluway: 9free
Thanks a hundred times. I know I still need to aquire more education but kindly tell me what you mean by 'the listed stocks are selling at a discount'. They are all in my portfolio anyway, but considering the load of money zenith and gtb are paying as dibidends, I see no reason why they should not constitute most of my investment for now instead of my 32 stocks. Selling at a discount, does it mean leveraging investors?

32 stocks in your Portfolio!!!!!!!?
Everybody, na Oga Toluway be Mr. Market aka NSE. We just dey give gim our money without knowing it.
All this while I no know say na Institutional investor I dey discuss with.
My Oga, I dobale for under this rain wey no wan stop since morning.
Selling at a discount mean say them dey sell for prices below which them suppose dey sell.

ihedioramma: SO NA U AND 9FREE THEY BRING FBNH PRICE DOWN ?

Bros, my hand no dey ooooohhhh.....
But I no go mind reload 1Bank @ #12.00 sha..

9free:
Dem plenty na.......Oya make I list some. In no particular order.....:
1. Compare current stock price to intrinsic value
2. Compare its P.E to industry average then Market average
3. Compare its fundamental metrics(P/B, EPS, EBITDA, CFO, FCF Yield and ICR) to others in thesame sector and same capitalization structure
4. Check Corperate Governance
5. Management Team and Level of qualitative Management Decisions
6. Dividend History
7. Growth Potential
8. Cooking of Accounts
9. E.T.C

Oga 9free, please try and expatiate on the above apart from No. 9

The market seems helpless after the departure of most of the foreign stock investors. There is no defined trend now and support and resistance points are unknown.
**************
still suprise that some investors still want the stocks prices to go down to 2012 lows before they buy.

9free
The 32 stocks were a function of my learning process my guy. I am now trying to mope up and I shall be investing in not more than 5 poweful stocks into which I could put any amount and go to sleep. I invested in 32 stocks when I was not very sure of what to do, but I am now a different investor. Incidentally, almost all of them are very good. You know it is an amateurish strategy. One funny thing about Nigeria stocks is they almost move at the same time and fall at the same time The reason being that most Nigerian investors are amatures. So, you can still invest in a bad company and get away with it.

9free:
Bros, my hand no dey ooooohhhh.....
But I no go mind reload 1Bank @ #12.00 sha..

I TELL U SAY I THEY SE U AT CAR PARK WAY I THEY SLEEP U THINK SAY I NO THEY SE U. I MAY BUY AT #10 BOUT AM LOOKING AT #7.50 TO BUY.

Toluway: Oga 9free, pls let me be cosulting you before I pick my stocks. I am too old to be looking at all these factors. But I think gtb, fb and zenith are not overvalued at current prices, same for skye bank. Thanks.

Most people agree the banks are still probaboy the only undervalued stocks on the NSE right now. Maybe a few other stocks woukd be julius berger , vitafoam and maybe the insurance boys if your liver gree.

Elai147:

Oga 9free, please try and expatiate on the above apart from No. 9

Oga Eliai........ With all due respect, Item no. 9 is the only one I have the time and energy to expatiate. Should I carry on Sir?

cash is king

fxisreal: cash is king

second that

Toluway: 9free
The 32 stocks were a function of my learning process my guy. I am now trying to mope up and I shall be investing in not more than 5 poweful stocks into which I could put any amount and go to sleep. I invested in 32 stocks when I was not very sure of what to do, but I am now a different investor. Incidentally, almost all of them are very good. You know it is an amateurish strategy. One funny thing about Nigeria stocks is they almost move at the same time and fall at the same time The reason being that most Nigerian investors are amatures. So, you can still invest in a bad company and get away with it.

I so agree. I Invested in cornerstone jan 2013 @ N0.50 watched it go up to N0.74 then watched it come down to N0.50 and now I am just about to get away with it! When it hit N0.60 I started selling parts of it. My brokers thought I was nuts when I bought it (loads of it)

9free:
Oga Eliai........ With all due respect, Item no. 9 is the only one I have the time and energy to expatiate. Should I carry on Sir?

Lolxxxx No need Sir because I already have a thorough knowledge on that No. 9 - it is self explanatory.