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Re: Stock Market Tips For Nigerians by blueband(m): 8:41pm On Mar 19, 2008 |
Panadol : Panadol-LMAO , we go see names for nairaland o.Soon na Alabukun person go carry name himself.The other day na Huckabee I see online. |
Re: Stock Market Tips For Nigerians by Favour08(m): 8:42pm On Mar 19, 2008 |
@ All Were there not 5 companies under investigation? Can't remember the fifth one. Capoil, afroil, Bigtreat, AP and one other. |
Re: Stock Market Tips For Nigerians by pumping777(m): 8:45pm On Mar 19, 2008 |
RoughCut: I don holla you before sef. As I no come see aktopgun email I come say make I find am. |
Re: Stock Market Tips For Nigerians by RoughCut(m): 8:45pm On Mar 19, 2008 |
aktopgun:Is that the property exhibition? I have been going there every year for about 5-6 years now. Looks like i'm so not going to be there this year |
Re: Stock Market Tips For Nigerians by blueband(m): 8:46pm On Mar 19, 2008 |
Actually they were six companies.AP and 5 others-Afroil,Capoil,BigTreat,FirstAlum and IPWA |
Re: Stock Market Tips For Nigerians by RoughCut(m): 8:48pm On Mar 19, 2008 |
pumping777:I never see anything o! |
Re: Stock Market Tips For Nigerians by aktopgun(m): 8:50pm On Mar 19, 2008 |
edwardaigb: HERE'S WHAT I HAVE law union- 3.437b NEM- 6.18B OASIS- 6.09 (may be higher cuz of oversubscription) lasaco- 7.404b thanks to the big man easimoni. u'all see why i advocated for his return! |
Re: Stock Market Tips For Nigerians by pumping777(m): 8:50pm On Mar 19, 2008 |
RoughCut: Make you try validate your email for me. I use the one for my box wey resemble your name. |
Re: Stock Market Tips For Nigerians by aktopgun(m): 8:50pm On Mar 19, 2008 |
RoughCut: nope, the benny hinn conference. we are partners with him |
Re: Stock Market Tips For Nigerians by grabdaloot(m): 8:52pm On Mar 19, 2008 |
costain - construction Nigeria ropes - ropes ABB - electricals Alumaco - Aluminuim products (windows doors etc) all key industries in home building, Seems to me these guy is aquiring all that has to do with building construction. So I dey find shares for nigerian tiles and empire carpets . But seriously seem this Kareem guy is seriously repostioning for the building industry so. Let us at least put some constructive use to this our dear thread. I am looking at the paints that is chemical sector but it seems that some peeps have already beat me to it (IPWA and BERGER). Wanaj0 and aktopgun I go leave una to look into this one more closely. You guys seem to have more on the behind the scenes glimpse. I can bet there will be more acquisitions to come especially with industries that have to do with building construction. Could this have something to do with the expected new policy from the FG on housing policy hmmmm, |
Re: Stock Market Tips For Nigerians by blueband(m): 8:53pm On Mar 19, 2008 |
Aktopgun, Abeg carry some candles go make dem pray on top o.Especially IEI candle. BTW where can i find details of the conference? |
Re: Stock Market Tips For Nigerians by RoughCut(m): 8:53pm On Mar 19, 2008 |
pumping777: Ha ha no use that one for this fourm o! I get one wey i don prepare for n'land roughcutsilkytouch at yahoo.com |
Re: Stock Market Tips For Nigerians by poke(m): 8:54pm On Mar 19, 2008 |
aktopgun: I think these will be a big lesson for fellas in there, who have read on this trade about fundamental and did not heed to it. And to the rest i say take heed on what you have read here |
Re: Stock Market Tips For Nigerians by olataqwa: 9:00pm On Mar 19, 2008 |
we nefer really get that kain company wt dt kind of need, but lets keep checking. pls taiwo, i hope you read this. U VE DONE GREAT WITH THIS. MAY ALLAH CNTINUE TO BLESS YOU. ALSO, can you please advise me on what the job of a marine and oil service manager is in the oil industry? i get friend wey get interview for oando but im no sabi wetin the job entail. kindly help out regards grabdaloot: |
Re: Stock Market Tips For Nigerians by jonyjoscom(m): 9:01pm On Mar 19, 2008 |
@blueband Thanks man, I don exprience that kain thing but they reversed it 5 days after without any charges. Maybe because e no be big money. I go dey very careful this time around because e no dey easy atall out here for naija. Why I dey use them still be say I de fit check my transactions online and other thing like stock appreciation parcentage. I no know another broker where I go fit they do all these things online. However, thank you very much. |
Re: Stock Market Tips For Nigerians by windywendy(f): 9:04pm On Mar 19, 2008 |
@all: my broker was just informing me that trading might (or has) been suspended as far as the shares of afroil and capoil are concerned, because they've not released results. I'm not sure of the full gist, but will look it up tomorrow. Hmmm, I did cico with both stocks. I only held capoil for 4 days because I thought it was highly risky and I noticed that the number of deals were getting too small after a point -- which suggested to me that most of the trades were probably just cross deals between people trying to manipulate the price. I also got out of afroil substantially but still have a very small number of units (46kg) there. So what's the game plan, going forward? I personally wouldn't worry too much about afroil really, because I know for a fact that they're releasing results soon, which according to grapevine news is expected to be good. This is not a buy recommendation. As for capoil, that one is highly risky as there has been too much controversy around that company. If you can get out of capoil please do so. And going forward, I guess the lesson here will be if you must do cico with very highly risky stocks, clear out your positions prior to a holiday/weekend. And of course, align your risk appetite with your investments (I think Wanaj0 has over-emphasized this one to death already). I wouldn't worry about the other stocks that were being investigated on Feb. 14 either, unless there are others that have not released results to date -- since this is the reason NSE is slamming the hammer. So I wouldn't worry about BigTreat, Fan, AP. However I would worry about IPWA -- again this is not a sell recommendation, and I don't have IPWA. From the latest moves of the SEC, I would advice again, like I did last week, that peeps realign their portfolios and move into fundamental stocks -- at least until we figure things out more clearly. Having said all of the above, perhaps we should again expect a full suspension on the share price of companies like Transcorp since there's nothing to back up the price movements All this is just my opinion o! As usual, caveat emptor! |
Re: Stock Market Tips For Nigerians by poke(m): 9:08pm On Mar 19, 2008 |
As stockbrokers battle for capitalisation I see alot pp flying around from them can we trust them in term of returns or what do we look out for in the prospectus that will make us issue out our had earn money |
Re: Stock Market Tips For Nigerians by windywendy(f): 9:12pm On Mar 19, 2008 |
grabdaloot: I would be careful about IPWA for the same reasons that it seems capoil and afroil are suspended. |
Re: Stock Market Tips For Nigerians by edwardaigb: 9:13pm On Mar 19, 2008 |
aktopgun: Thanks a lot, i must confess that I'm more of reader and also new to the stock business. i would appreciate to have your email address, should i choose to ask question outside this forum. you can email my address so i can have your address. thank you and God bless. edwardaigbokhan@yahoo.com |
Re: Stock Market Tips For Nigerians by aktopgun(m): 9:13pm On Mar 19, 2008 |
blueband: march 20-21 excel london one western gateway royal victoria dock london e16 1xl be there or be square |
Re: Stock Market Tips For Nigerians by beginner: 9:14pm On Mar 19, 2008 |
WindyWendy I am hands and legs in this one o. My main concern is that according to the guardian newspaper Afroil (the only one I have) is not in business. I am therefore not sure where the results are coming from. Anyway I have learn't a big lesson. |
Re: Stock Market Tips For Nigerians by olataqwa: 9:18pm On Mar 19, 2008 |
we nefer really get that kain company wt dt kind of need, but lets keep checking. pls taiwo, i hope you read this. U VE DONE GREAT WITH THIS. MAY ALLAH CNTINUE TO BLESS YOU. ALSO, can you please advise me on what the job of a marine and oil service manager is in the oil industry? i get friend wey get interview for oando but im no sabi wetin the job entail. kindly help out regards grabdaloot: |
Re: Stock Market Tips For Nigerians by windywendy(f): 9:22pm On Mar 19, 2008 |
beginner: You bought afroil? I thought you were a fundamentalist to the core and didn't do cico Seriously, I wouldn't worry about afroil. You google them yourself and if you're in lagos, you can confirm for yourself whether they're in business. The worst case scenario is that we wait and see how this plays out! I honestly wouldn't panic about this seriously, and it's not just because I have a small number of units there. |
Re: Stock Market Tips For Nigerians by beginner: 9:25pm On Mar 19, 2008 |
I changed tactics a bit o when the fundamental stocks refused to move. I can only hope for the best. |
Re: Stock Market Tips For Nigerians by blueband(m): 9:27pm On Mar 19, 2008 |
Aktopgun-You no give me time, |
Re: Stock Market Tips For Nigerians by aktopgun(m): 9:29pm On Mar 19, 2008 |
blueband: thursday 7pm friday 10a.m and 7pm |
Re: Stock Market Tips For Nigerians by invisible2(m): 9:30pm On Mar 19, 2008 |
@beginner, you dont change tactics this easy in this business. Before changing strategies, try to test the ropes with small portions of your folio. All the same this will serve to educate you the more and lets hope the impact of this will be as minimal as possible. |
Re: Stock Market Tips For Nigerians by loma(m): 9:34pm On Mar 19, 2008 |
grabdaloot: The guy also owns 40% stake in Premier Paints. @Windy Wendy- Where is Kola going next No tell me say you no get crystal ball o! Just dig like you always do maam! |
Re: Stock Market Tips For Nigerians by invisible2(m): 9:35pm On Mar 19, 2008 |
@windy, no just try to frighten me about transcorp o. I loaded that one for a quick CICO, as you come dey suggest they should be suspended made me abandon my dinner Abeg no let me sell in a hurry, chei! to make money no easi at all, except for Easimoni |
Re: Stock Market Tips For Nigerians by invisible2(m): 9:40pm On Mar 19, 2008 |
loma: The crystal ball says Kola is aiming for a majority stake in Union homes, UAC properties (since na only building affiliations the guy dey buy) just kidding sha |
Re: Stock Market Tips For Nigerians by easimoni(m): 9:40pm On Mar 19, 2008 |
invisible!: Easimoni's 'folio is bleeding too o! Like beginner, I am a fundamentalist. But unlike him, I've not tested the CICO waters just because UBA and Diamond refused to move. Speaking of which, Pumping, that was a gutsy move on your part. Vote for Chikezie! |
Re: Stock Market Tips For Nigerians by windywendy(f): 9:41pm On Mar 19, 2008 |
beginner: Yes. And now that it seems like the NSE and SEC are beginning to wake up to their responsibilities, it's looking it's time to change strategies again. OMG, I love this game!! |
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