is it really true chams pp is closed, make una stop this rough play o!

anyway just been looking at my liquidity and its not looking good right now. May is a good month for me. some of my other investments go amture then and hopefully i'll get some good buys on the NSE then too

quote author=wanaj0 link=topic=31554.msg1828273#msg1828273 date=1199724175]
What they released is INTERIM and UNAUDITED account so nothing special about the timeliness. They actually timed the market. It is basically a management account and for UBA knowing the antecedents of Bello Osagie and Tony, I will have all my guards on!!!

As per Orient, don't even get me started. The PP is for the subsidiary. This was previously packaged by Intercontinetal and it failed woefully. I mean this is worse than TRANSCORP!!!

As per CHAMS, the only info I need is the threshold for return money. Bonus of 4 for 1 after stock split!!!!! Kai!!!!! na me and them. I am buying in at least 3 names. Aladekomo, beware OOOO
[quote][/quote]

@wanajo,if one buys in 3 diff names how do u get the srocks back to b urs

wanaj0:

Guess you want to start a world war!!!!!!!!!! Abeg, no dey crack this kind expensive joke.

Well, they will RE OPEN the offer for me. Still waiting for IMF and World bank to process my loan application. Make I go submit one fro ADB also.

by the time you realise that this is the most authentic news of the year so far, I'll already be at the top.

Check it out, just ask anyone (in the know) from the lead issuing house (UBA global market)

@wanajo,if one buys in 3 diff names how do u get the stocks back to b urs

FatherOF2:

hahaha,
how else do you want the money to be made if people no chase.
Its a normal human behaviour now?.

Yes o. It is because of people that run after the stocks that those that think ahead can make a kill. Make them dey chase jare.

It is called "after-the-fact syndrome".

@ ALL
Are there fundamentally sound stocks right now at the ideal price that one can put money into?

Are there also stocks that one can take advantage of right now and cash out before the bears sets in?

Waiting for ur responses,
Thanks

I took a dive out of Wapic insurance today and it seems to be a correct move after i saw the see of reds in the sector, waiting for more falls so i can load another stock. Iknow i will not see UBA to buy tomorrow but i will make an attempt.

enurayce:

@wanajo,if one buys in 3 diff names how do u get the stocks back to b urs

I have/own many recognised LEGAL entities that I can use. No need to transfer. They are all mine!!!!

bigjay01:

by the time you realise that this is the most authentic news of the year so far, I'll already be at the top.

Check it out, just ask anyone (in the know) from the lead issuing house (UBA global market)

Nothing to worry about. Aladekomo will come and collect my form as a hig networth investor. I will get preferential allotment

@Wanajo

  On oceanic,last year and this year are very different oh.Last year as is the practice of most nigerian banks,many expected a coming po.They buy up their shares so they can release one bar graph on this day frontpage  stating" 2,000,000 % appreciation in 20days". Afribank same thing,dormant for donkey months TS lifted and b4 u close eye, see new price before offer started.
Even first Inland don put their graph for today paper.
This year will be a different story for oceanic.
Not that price will not grow oh.It will surely,but no matter as dem try run from listing that po shares,e go catch up with their stock.People must cash in on that thing.That's wen new opportunities will arise.This is just Q1 meant to psyche some people.

You don still mention FBN again.I know FBN go good.E never good reach.Remain small.
Some will certainly sell their 1 for 6 bonus and i hear some big certificates have been dished out.One more step still remain for am to good well well.Nobe say e no good now oh.But strike dey come.

I would advice many to print copies of todays loosers chart and all this week.Some pickings are re-appearing.

enurayce:

@ ALL
Are there fundamentally sound stocks right now at the ideal price that one can put money into?

Are there also stocks that one can take advantage of right now and cash out before the bears sets in?

Waiting for your responses,
Thanks

NB don pop up based on todays fall.

FatherOF2:

@Wanajo

On oceanic,last year and this year are very different oh.Last year as is the practice of most nigerian banks,many expected a coming po.They buy up their shares so they can release one bar graph on this day frontpage stating" 2,000,000 % appreciation in 20days". Afribank same thing,dormant for donkey months TS lifted and before u close eye, see new price before offer started.
Even first Inland don put their graph for today paper.
This year will be a different story for oceanic.
Not that price will not grow oh.It will surely,but no matter as them try run from listing that po shares,e go catch up with their stock.People must cash in on that thing.That's when new opportunities will arise.This is just Q1 meant to psyche some people.

You don still mention FBN again.I know FBN go good.E never good reach.Remain small.
Some will certainly sell their 1 for 6 bonus and i hear some big certificates have been dished out.One more step still remain for am to good well well.Nobe say e no good now oh.But strike dey come.

I would advice many to print copies of todays loosers chart and all this week.Some pickings are re-appearing.

Fatherof2, i hear you.

Note however that the shreholding structure of Oceanic makes it very easy for them to prop up the price. secdondly, the profit growth is beautiful.

As per alst year, the price was going up even before the PO news. After the bonus adjustment, the price just hit the roof tops!!!!

As per FBN, na Long Term me dey talk OOOO. Which chart you use discover FBN now

aktopgun:

is it really true chams pp is closed, make una stop this rough play o!

anyway just been looking at my liquidity and its not looking good right now. May is a good month for me. some of my other investments go amture then and hopefully i'll get some good buys on the NSE then too

@ AKtopgun

  May is not exactly a good month considering relatively high prices of the first 7 months of the year. August-september might be a better month as the bears really run da market about this time. Ultimately a lot depends on investment criteria.just a reminder .

wanaj0:

Fatherof2, i hear you.

Note however that the shreholding structure of Oceanic makes it very easy for them to prop up the price. secdondly, the profit growth is beautiful.

As per alst year, the price was going up even before the PO news. After the bonus adjustment, the price just hit the roof tops!!!!

As per FBN, na Long Term me dey talk OOOO. Which chart you use discover FBN now

Nothing oh,these things must happen.E happen to GTB, e don dey worry FBN now,e go worry PHB, e go worry Zenith later.
BONUS dey worry price oh.
Even them know sef.They just time the release of bonus crediting now when them know say in like 3 weeks they'll release Q3 after everybody don do the bad thing them wan do the stock.
Many cycles dey this year oh.

@ all the Technicians
Does anyone have the RSI of FBN as at today's closing. Thanks

Fatherof2.

One more Gbosa for you.

I bought UBA well before all this "scrambling", like you said way back on this thread, best time to buy is just before the new year or thereabout,
Second, I sold my small pot of GTB right on time, my broker self still they wonder wetin dey happen, and with your advice and a bit of technical analysis, the next SELL is order is making its way to my broker.

I am still in need of advice as per Universal Insurance PP (to buy or to let go). , Chams, that one no be problem!

@Wanajo.

Don't just leave us like that on this board again !
Your contributions/experience is HIGHLY VALUED,

wanaj0:

Fatherof2, i hear you.

As per alst year, the price was going up even before the PO news. After the bonus adjustment, the price just hit the roof tops!!!!

All that one na just to wet appetite so that people go write more cheque for PO.Dem go use am boast.

Oya i give you example.
GTB no give bonus last year. E rise reach where e wan reach then fall.

notin, Oceanic know say dem wan come market,every bank would love to sell its shares at high price so that there are fewer units running around.

upward:

Anybody knows anything about Resort Securites and Trust?? Are they likely to meet up with the capitalization by year-end How efficient are they? They'er being ercommended by a friend, but still checking them out. Please, replies will be welcome from all. thank you.

@Pumping,

It is well. Thank you, I can understand

I was looking through their website and it seems to be very rich in information. It also seems that they constantly update their site. You can research the different companies.

@Bigjay01
Happy New year to you oh, Abeg hit me more on this Chams PP. When did it close The application form says that it closes on Feb 13th. Where you take hear this your "inside info" abeg? Anyone else with information on this Chams?
Thanks all

Anyone has a take on why FBN lost so much today ? Thanks

@ All

Happi new year people. Thanks for all the contributions and advise of 2007.

This is the richest thread aniwhere on the stockmarket anione can get as at date. I am actually in the process of printing the entire pages, binding it and putting it into somesort of jouranl/book. Well since pips like me neva liked the idea of bed time stories, guess this one will serve as one, and then at the end of 2008 will do the same thing again, of cos it will be richer.

well done guys. Ride the bull pips.

My testimony, in 2007, my portfolio made 140% profit


Abeg zenith don dey send the rights forms/prospectus

@ endure,

read on and you'll understand as you progress

@ lawalidowu,

be patient with your fidelity, I am sure they will keep to their words but now, boys eyes dey red on hot stocks.

Fidelity na discussion for anoher day

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!

I just started receiving these -

@ NBA, correct! Strong offer on all the Ins. Coys? More blood tomorrow!

Yup

Reply from UBA Stockbroking about CHAMS PP.

Good day,

Chams private placement memorandum opened today. The coy is offering 2 Billion shares at N2.50.

We are yet to have access to the memorandum and would send you the information as soon as is available.

Regards,

To all, use the following posted January 4, 2008 as a guide in the coming weeks.

Concerning FCMB, a study of the chart for the past one year shows the following:
1. It seems each high reached is 1.50 points higher than the other high;
2. Expects new high on this run to be at 22; then a new low to follow at 20 in approximately two weeks;
3. And expect a new high to be reached at 23.50+ in about six weeks.

UBA versus OCEANIC

For long time investors, I will put my money in OCEANIC because of the following reasons:
1. Their chart look incanningly similar;
2. EPS 1.81/1.23 - UBA/Oceanic
3. PE 23.47/24.45
4. Outstanding shares 11.29/11.6 billion
5. 2007 Turnover 109.5/74.93 represents 1.22%/1.68% growth over previous year
6 2007 Profit after tax 21.44/17.54 which represnts 20%/23% of turnover
7. From the above data, if both maintains similar profit growth of 20%/23% of turnover and turnover growth of 1.22/1.68 over 2007;
Expect profit after tax in 2008 to be projected at 26.72/28.95 billion.
In conclusion, in a year's time, Oceanic would have a trunover of 125.88 billion as compared with UBA of 133.59 billion and Oceanc would have declare a higher profit after tax; currently the share price of UBA is 49.99 while Oceanic is 36.13 and still dropping. FOR LONG TERM INVESTORS I WILL PUT MY MONEY IN OCEANIC AND KEEP BUYING MORE AS THE PRICE CONTINUE DECLINING.

My two cent's (or should I say kobo) comment.

NBA:

Reply from UBA Stockbroking about CHAMS PP.

Good day,

Chams private placement memorandum opened today. The coy is offering 2 Billion shares at N2.50.

We are yet to have access to the memorandum and would send you the information as soon as is available.

Regards,

bobs where u de?, u de sleep so?, the offer document has been in the public domain for sometime. someone posted it on this thread about 2 pages back, or use this link http://www.stockmarketnigeria.com/forums/attachments/private-placements/109d1199379368-chams-private-placement-chamsprivateplacementmemo-1-.pdf

@NBA,

are you now using UBA stockbrokers? if you are what is their service like?

@Easimoni,

I beg who is your account officer at Lead? I am getting frsutrated with their services.

No response to emails, even when I call , the guy keeps telling me he is not in the office yet at 7pm Naija time and that he will reply my email later - no show.

All my orders in the last 3 weeks have not been executed - and no explaination.

The last sum of money I paid into GTB took a week be4 they credited my stockbroking account and this was after calling many times oo.


I am extremely fed up, I have  alot in cash now and they just keep bungling up my opportunities to buy, its absolutely ridiculous.

I still want to inject more capital but this is highly discouraging.

@All I just needed somewhere to Vent.

If not that the likes of FSDH are out of my reach presently?

anyone with ideas?

yodi

bigjay01:

bobs where u de?, u de sleep so?, the offer document has been in the public domain for sometime. someone posted it on this forum, or use this link http://www.stockmarketnigeria.com/forums/attachments/private-placements/109d1199379368-chams-private-placement-chamsprivateplacementmemo-1-.pdf

I have the doc, was checking if it was closed as someone mentioned here today.

I wonder how UBA Stockbroking staff no get the document yet but the good news (hopefully) is it is still open.

@ yodi,

My account officer is out till Friday and in the meantime, the service has gone south big time. My orders are also going unnoticed. Good thing I was almost cashless by Dec 31. I dunno who is helping you out (Niyi?) in the meantime, but you can email me at easimoni2004 at yahoo dot com and I'll send you his e-addy. Otherwise, you'll get no love out of them.

omo insurance die today oooo. i hope i can sell my UNIC tomorrow at a reasonable price. will go back to it later.
i hope t0 get more UBA tomorrow,
@ YODIYOKUN, ps have u received ur UBA CERTIFICATE. PLS HOLLA .