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Stock Market Tips For Nigerians - Investment (570) - Nairaland

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Re: Stock Market Tips For Nigerians by invisible2(m): 9:53pm On Feb 28, 2008
Seriously I was into discussion with some friends, will pull money together and buy Onwuka high tech and turn around the dead company.

Does anyone know if mr Onwuka is still alive and what is still tying this company down @0.10k?
We know of stories where companies that are under lock and key is doing 11 naira. Make una no finish the shares before I start buying or there will be a big hostile takeover battle between me and anyone who tries to tiff this golden hen from my hand.

Abi una think say I no wan be chairman of a board?
Re: Stock Market Tips For Nigerians by yodiyokun(f): 9:54pm On Feb 28, 2008
Where Aktopgun aka tom cruise with your candlysis
Re: Stock Market Tips For Nigerians by upward(m): 9:56pm On Feb 28, 2008
yodiyokun:

Where Aktopgun aka tom cruise with your candlysis

Yodi, I'm not aktopgun, but which stock do you want candle-light for??
Re: Stock Market Tips For Nigerians by grabdaloot(m): 9:58pm On Feb 28, 2008
Anyone don notice the price and Vol discipiency btw Zenith, FSDH and nigeriansecurities. The whole thing is now very laughable. Check the prices of CHELLERAM, ABOSELAB and the Vol of ABC abi they wan use ogboju now make hommies dey make the worng decisions angry
Re: Stock Market Tips For Nigerians by grabdaloot(m): 9:59pm On Feb 28, 2008
Anyone don notice the price and Vol discipiency btw Zenith, FSDH and nigeriansecurities. The whole thing is now very laughable. Check the prices of CHELLERAM, ABOSELAB and the Vol of ABC abi they wan use ogboju now make hommies dey make the worng decisions angry
Re: Stock Market Tips For Nigerians by yodiyokun(f): 10:05pm On Feb 28, 2008
upward:

Yodi, I'm not aktopgun, but which stock do you want candle-light for??

not any really- just wondering where he is?
Re: Stock Market Tips For Nigerians by dollarmani: 10:06pm On Feb 28, 2008
grabdaloot:

Anyone don notice the price and Vol discipiency between Zenith, FSDH and nigeriansecurities. The whole thing is now very laughable. Check the prices of CHELLERAM, ABOSELAB and the Vol of ABC abi they wan use ogboju now make hommies dey make the worng decisions angry

Just compare what they have posted with this which i was lucky to get on the epileptic site of NSE. Which one of the following sites have results that match with this are the credible ones

Re: Stock Market Tips For Nigerians by Prince11(m): 10:06pm On Feb 28, 2008
@upward.

Abeg put candle for Afribank, I just want to be sure if my thinking is right about them. Thanks
Re: Stock Market Tips For Nigerians by MrRisky: 10:10pm On Feb 28, 2008
COMPANY RESULT
FIRST CITY MONUMENT BANK PLC GROSS EARNINGS PBT TAX PAT
N'000 N'000 N'000 N'000
31-Jan-08 9 Mths 35,861,000 11,244,000 (2,248,000) 8,995,000
31-Jan-07 9 Mths 17,543,000 4,431,000 (886,395) 3,545,000
104.42% 153.76% - 153.74%
NIGERIAN BREWERIES PLC TURNOVER PBT TAX PAT
N'000 N'000 N'000 N'000
31-Dec-07 12 Mths 111,748,000 27,876,000 (8,933,000) 18,942,000
31-Dec-06 12 Mths 86,322,000 16,439,000 (5,535,000) 10,900,000
29.45% 69.57% - 73.78%
PROPOSED DIVIDEND PER SHARE OF 195 KOBO. CLOSURE DATE IS APRIL 15, 2008 AND PAYMENT DATE IS MAY 29, 2008
TECHNICAL SUSPENSION
DEAP CAPITAL WAS PLACED ON TECHNICAL SUSPENSON TODAY FOLLOWING THE RECEIPT OF AN OFFER FOR SUBSCRIPTION AT N7.50 KOBO.


Why is it that nobody is talking about NIGERIAN BREWERIES' IMPRESSIVE FULL YEAR RESULT RELEASED TODAY, AND DIVIDEND OF N1.95?
Re: Stock Market Tips For Nigerians by grabdaloot(m): 10:19pm On Feb 28, 2008
dollarmani:

Just compare what they have posted with this which i was lucky to get on the epileptic site of NSE. Which one of the following sites have results that match with this are the credible ones

Okay so checking your sheet LONGMAN lost 5% today whereas most site have to have gained 5% also UPL didn't lose 5% as being carried on most sites. Okay God dey sha and where did you see NB full year results with a dividend of N1.95. Na wa ooo!! This thing no go pass me sha[left][/left]
Re: Stock Market Tips For Nigerians by upward(m): 10:21pm On Feb 28, 2008
Prince11:

@upward.

Abeg put candle for Afribank, I just want to be sure if my thinking is right about them. Thanks

According to the candles, I can see a green hanging man, which is a good sign, shows that sellers tried to pull the price down (to 26.02-day's low), but the buyers overpowered them and pushed the priced up to close at the day's high-27.49. Also the MACD is well above it's trigger line-Exp (9), and in the positive region. the MACD histogram is in the positive axis and increased further today, showing a strengthening of the bullish momentum. Both the stochastics and Aroon up and down are also very bullish at the moment. How long this will last is what no one can say, because the RSI is almost at the 70 mark (though we have seen stocks trade at RSI of 100 for several days). Let's see what happens tomorrow, but if this chart is anything to go by, we'll see AFRIBANK gain some more tomorrow.

Re: Stock Market Tips For Nigerians by jonyjoscom(m): 10:29pm On Feb 28, 2008
hello Gurus in the house. I be J.J.C for here o! I beg make una treat me with suuru! I wan no how I fit get the list of the oustanding shares of all the stocks where dey for NSE. abeg make una helep me.
Re: Stock Market Tips For Nigerians by easimoni(m): 10:30pm On Feb 28, 2008
Mr. Risky:


COMPANY RESULT
FIRST CITY MONUMENT BANK PLC GROSS EARNINGS PBT TAX PAT
N'000 N'000 N'000 N'000
31-Jan-08 9 Mths 35,861,000 11,244,000 (2,248,000) 8,995,000
31-Jan-07 9 Mths 17,543,000 4,431,000 (886,395) 3,545,000
104.42% 153.76% - 153.74%
NIGERIAN BREWERIES PLC TURNOVER PBT TAX PAT
N'000 N'000 N'000 N'000
31-Dec-07 12 Mths 111,748,000 27,876,000 (8,933,000) 18,942,000
31-Dec-06 12 Mths 86,322,000 16,439,000 (5,535,000) 10,900,000
29.45% 69.57% - 73.78%
PROPOSED DIVIDEND PER SHARE OF 195 KOBO. CLOSURE DATE IS APRIL 15, 2008 AND PAYMENT DATE IS MAY 29, 2008
TECHNICAL SUSPENSION
DEAP CAPITAL WAS PLACED ON TECHNICAL SUSPENSON TODAY FOLLOWING THE RECEIPT OF AN OFFER FOR SUBSCRIPTION AT N7.50 KOBO.


Why is it that nobody is talking about NIGERIAN BREWERIES' IMPRESSIVE FULL YEAR RESULT RELEASED TODAY, AND DIVIDEND OF N1.95?

Puts the trailing PE of NB at only 21! Some people must have seen because it gained max points (at least according to FSDH). I wonder why no one mentioned these results. It wasn't in my FSDH report.
Re: Stock Market Tips For Nigerians by easimoni(m): 10:32pm On Feb 28, 2008
jonyjoscom:

hello Gurus in the house. I be J.J.C for here o! I beg make una treat me with suuru! I wan no how I fit get the list of the oustanding shares of all the stocks where dey for NSE. abeg make una helep me.

Go to this message and download the file

https://www.nairaland.com/nigeria?topic=31554.msg1968748#msg1968748
Re: Stock Market Tips For Nigerians by shigidi(m): 10:35pm On Feb 28, 2008
MY BROTHER EASIMONI how hav you been, thanks for the longman tip grin.
i have bin so busy recently . got 5% of my portfolio sitting in cash and i  cant find anything else to buy.
you must be smiling after trans express, you don hammer ooooooooooooo.
Re: Stock Market Tips For Nigerians by Prince11(m): 10:36pm On Feb 28, 2008
@Upward,

Make u just dey move upward dey go, nothing fit stop you  grin.

Thanks and enjoy your evening.

@AKT
Whatever you do plan to turn up at Excel London kind of end of March, make u come do final write-off on this Tobe matter, HE that has promised is Faithful.

Over and out.
Re: Stock Market Tips For Nigerians by shigidi(m): 10:38pm On Feb 28, 2008
hope you guys are watching fcmb, all those who doubted theyd hit their projections, nut i still think diamond is a bit better, projected PAT of 14bn now going from the 9 months, thats eps of 1.1 could be 3o naira in a few months time
Re: Stock Market Tips For Nigerians by upward(m): 10:40pm On Feb 28, 2008
Lots of differences in the pricelist today as noted by many already. Nigeriansecurities says WAPCO lost, while cashcraft, cscs and some others say it gained

Prince11:

@Upward,

Make u just dey move upward dey go, nothing fit stop you  grin.

Thanks and enjoy your evening.
Over and out.


Thanks man, hope it helped, looks like you are placing an order for tomorrow  wink
Re: Stock Market Tips For Nigerians by pumping777(m): 10:44pm On Feb 28, 2008
upward:

Lots of differences in the pricelist today as noted by many already. Nigeriansecurities says WAPCO lost, while cashcraft, cscs and some others say it gained


Thanks man, hope it helped, looks like you are placing an order for tomorrow wink

Wapco lost. If you compare with the NSE results, nigeriansecurities is correct as far as I can see.

Most of the numbers reported by Cashcraft are unfortunately not correct.
Re: Stock Market Tips For Nigerians by upward(m): 10:46pm On Feb 28, 2008
pumping777:

Wapco lost. If you compare with the NSE results, nigeriansecurities is correct as far as I can see.

Most of the numbers reported by Cashcraft are unfortunately not correct.

Thanks Oga pumping, makes more sense anyway. I've been relying on nigeriansecurities these days, at least for their TA tools. How is teh project going?? Hope fine, and hope you achieve all your goals with that one so at least you'll have more time.
Re: Stock Market Tips For Nigerians by pumping777(m): 10:49pm On Feb 28, 2008
easimoni:

Puts the trailing PE of NB at only 21! Some people must have seen because it gained max points (at least according to FSDH). I wonder why no one mentioned these results. It wasn't in my FSDH report.

I think it gained about 2.77% (N1.40) based on NSE data.

The result is good no doubt but hard to make out what happens short term.

The closure date is over a month away to start with and there is so much the price can rise due to the promise of dividend.

Long or medium term this looks like an excellent stock. The growth PAT rate of almost 100% and turnover growth rate of almost 50% is just fantastic.
Re: Stock Market Tips For Nigerians by shigidi(m): 10:50pm On Feb 28, 2008
dangote sugar is the last fundamental stock standing. grab ur copy soonest.
Re: Stock Market Tips For Nigerians by debenzd(f): 10:51pm On Feb 28, 2008
@upward,

I dey that PZ train o!. Make we dey watch am.
Re: Stock Market Tips For Nigerians by easimoni(m): 10:54pm On Feb 28, 2008
shigidi:

MY BROTHER EASIMONI how hav you been, thanks for the longman tip grin.
i have bin so busy recently . got 5% of my portfolio sitting in cash and i  can't find anything else to buy.
you must be smiling after trans express, you don hammer ooooooooooooo.
I've been well, now in semi-retirement coz this thread dey move too fast.  grin
Trans expr: I don hammer true true.  grin I dey exit mañana!
No wahala for Longman. I was peeved I couldn't get more units b4 the rocket took off. 28 is too rich for my blood but I'll get more if it hits 25.

Sit on your cash; I smell a bear coming! (crystal ball? actually an RSI plot of the NSE index is showing some cracks)
Re: Stock Market Tips For Nigerians by pumping777(m): 10:55pm On Feb 28, 2008
Frankly the heavy cap stocks have not done well at all. It is just now that the petroleum stocks are joining the heavy caps so I won't even include them.

Look at the indices maintained by cashcraft on their website.

NSE      64,819.49  11.78

MOST CAP. STOCKS  101.82   1.82

ANNUAL   CHOICE  147.32     47.32

For this year, NSE has gained 11.78%, Most Cap. stocks have gained 1.82% and their annual choice have gained 47.32%.

See the list of most capitalized stocks used for the index below. Of course na banks full there.

ACCESS ACCESS BANK PLC
AFRIBANK AFRIBANK NIGERIA PLC
DANGSUGAR DANGOTE SUGAR REFINERY PLC
DIAMONDBNK DIAMOND BANK PLC
ETI ECO TRANSNATIONAL INCORPORATION
FCMB FIRST CITY MONUMENT BANK PLC
FIDELITYBK FIDELITY BANK PLC
FIRSTBANK FIRST BANK OF NIGERIA PLC
GUARANTY GUARANTY TRUST BANK PLC
GUINNESS GUINNESS NIGERIA PLC
IBTC IBTC CHARTERED BANK PLC
INTERCONT INTERCONTINENTAL BANK PLC
NB NIGERIAN BREWERIES PLC
NESTLE NESTLE FOODS NIGERIA PLC
OCEANIC OCEANIC BANK PLC
PLATINUM PLATINUMHABIB BANK PLC
UBA UNITED BANK FOR AFRICA PLC
UBN UNION BANK OF NIGERIA PLC
WAPCO WEST AFRICAN PORTLAND CEMENT CO. PLC.
ZENITHBANK ZENITH BANK PLC
Re: Stock Market Tips For Nigerians by debenzd(f): 11:01pm On Feb 28, 2008
easimoni:

I've been well, now in semi-retirement because this thread dey move too fast.  grin
Trans expr: I don hammer true true.  grin I dey exit mañana!
No wahala for Longman. I was peeved I couldn't get more units before the rocket took off. 28 is too rich for my blood but I'll get more if it hits 25.

Sit on your cash; I smell a bear coming! (crystal ball? actually an RSI plot of the NSE index is showing some cracks)


@ easimoni

So would u say that some of the losses today point to the fact that one bear one come out from the woods?

@ easimoni, shigidi and pumping

If you had cash what would you rather buy from the list below? (Only one stock)

NB
NWicable
Footwear
Eternaoil
1st Alum
UTNL (kaduna Refinery should be back on stream soon as Newtwork news today so they may reopen their Nothern factory. Who knows )
Afprint
CIleasing
Japaul
Re: Stock Market Tips For Nigerians by beginner: 11:03pm On Feb 28, 2008
Oga Pumping na wetin I do you now. Two questions on insurance stocks and no reply. The young shall grow.
Re: Stock Market Tips For Nigerians by mastermove: 11:04pm On Feb 28, 2008
van leer plc
Re: Stock Market Tips For Nigerians by mastermove: 11:05pm On Feb 28, 2008
van leer plc
Re: Stock Market Tips For Nigerians by pumping777(m): 11:07pm On Feb 28, 2008
beginner:

Oga Pumping na wetin I do you now. Two questions on insurance stocks and no reply. The young shall grow.

Abeg which question be dat? Me wey wan be like you wen I grow up. He go be say I no sabi d answer.
Re: Stock Market Tips For Nigerians by debenzd(f): 11:08pm On Feb 28, 2008
pumping777:

I think it gained about 2.77% (N1.40) based on NSE data.

The result is good no doubt but hard to make out what happens short term.

The closure date is over a month away to start with and there is so much the price can rise due to the promise of dividend.

Long or medium term this looks like an excellent stock. The growth PAT rate of almost 100% and turnover growth rate of almost 50% is just fantastic.

@pumping

, and this does not include the interim dividend they paid in 2007. That brings the total I guess to 2.48K . Looks like they are back to their old ways.
Re: Stock Market Tips For Nigerians by donne4real(m): 11:14pm On Feb 28, 2008
Get the book, The Millionaire Meditation: Stress Management for Wall Street, Corporate America and Entrepreneurs by Paul B. Farrell free. It is a book that explains the benefit of meditation and creativity. It can be downloaded naijalowa.com:

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