Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,198,984 members, 7,970,003 topics. Date: Tuesday, 08 October 2024 at 06:23 PM |
Nairaland Forum / Nairaland / General / Investment / Stocks That Can Make You Rich In 2007 (81172 Views)
How To Be Rich In Nigeria / Nigerian Stocks That Make You Happy All The Time / Best Nigerian Stocks To Buy For Your Retirement? (2) (3) (4)
(1) (2) (3) ... (30) (31) (32) (33) (34) (35) (36) ... (46) (Reply) (Go Down)
Re: Stocks That Can Make You Rich In 2007 by RoughCut(m): 3:49pm On Sep 23, 2007 |
V.C.2007: As you would have learnt on this forum investing in the capital market requires patience and judgement and if you cant ride the crest and the turbulence that is inherent in investing in stocks then you probably need to start thinking of investing in something else apart from the stock market |
Re: Stocks That Can Make You Rich In 2007 by mee25(m): 6:14pm On Sep 23, 2007 |
TO ALL THE HOUSE Which of the PO is going to be the sweetest , is it FIDFELITY, AFRI BANK or STERLING BANK |
Re: Stocks That Can Make You Rich In 2007 by VC2007(m): 9:37pm On Sep 23, 2007 |
RoughCut i know what you are talking about, I just wanted to know when we think we might likely have a rally, thats all |
Re: Stocks That Can Make You Rich In 2007 by shigidi(m): 12:47pm On Sep 25, 2007 |
mee25:wait till we see the prospectus then well know how far, personally, i think it will be between fidelity or afri. where is vry 1 on this thread. |
Re: Stocks That Can Make You Rich In 2007 by whitelexi(m): 1:13pm On Sep 25, 2007 |
Still waiting to hear about the IBTC PO |
Re: Stocks That Can Make You Rich In 2007 by shigidi(m): 1:18pm On Sep 25, 2007 |
@ whitelexi, r u for real that ibtc is doing a PO. pls holla cos thats one id love to invest in |
Re: Stocks That Can Make You Rich In 2007 by whitelexi(m): 1:58pm On Sep 25, 2007 |
shigidi: Well, except my trusted broker has suddenly gone bunkers, i think i heard correctly. IBTC will be coming out soon with a PO. |
Re: Stocks That Can Make You Rich In 2007 by ifsez: 4:12pm On Sep 25, 2007 |
Hi Ayala,please is NAHCO still in the market i saw an ad placed in this day news paper last week i've forgotten when it will close but I don't know how to get their shares offer.Pls reply |
Re: Stocks That Can Make You Rich In 2007 by RoughCut(m): 4:43pm On Sep 26, 2007 |
ifsez:You can download the app form/prospectus from either http://www.cashcraft.com/ or http://www.zenithsecuritiesng.com/downloads.php The closing date is on the 28th September |
Re: Stocks That Can Make You Rich In 2007 by Panadol(m): 5:45pm On Sep 26, 2007 |
All, What's your take on these 4 banks. 1. Diamond 2. FCMB 3. Skye 4. Wema |
Re: Stocks That Can Make You Rich In 2007 by adeyinkat: 9:35am On Sep 28, 2007 |
@ all Gurus, Could you all pls help revive this thread. This & "Stock Market Tips" are wot makes this business forum tick the most! So let's get the thread tickin again! |
Re: Stocks That Can Make You Rich In 2007 by slim49z(m): 11:09am On Sep 28, 2007 |
Hello Fellow Naijas, I have been a big player in the stock market both online and offline. I have made alot of money too with stocks. Personally I think one doesn't have to sit on stocks for years like our fore-fathers did in other to make money with them. One can buy a good share on the floor of the Stock exchange today and have it sold the next 2 months when it appreciates There is one catch though, you have got to know b/w good and bad stocks. Also one shouldn't undermine the value of penny stocks. Good luck to us all Slim. |
Re: Stocks That Can Make You Rich In 2007 by Temmie10(m): 3:26pm On Sep 28, 2007 |
Panadol:I like all four, at least in the next 6-9 months and bearing any unforseen situations. |
Re: Stocks That Can Make You Rich In 2007 by RoughCut(m): 3:31pm On Sep 28, 2007 |
slim49z: Temmie10:FCMB WEMA are in my to-do list and i have added Costain (WA) and japaul oil |
Re: Stocks That Can Make You Rich In 2007 by AtamMan(m): 3:39pm On Sep 28, 2007 |
@All What is going on with Guinness? It is falling even in the face of a reasonable dividend declared last week. Any answers anybody? |
Re: Stocks That Can Make You Rich In 2007 by easimoni(m): 4:52pm On Sep 28, 2007 |
Atam-Man: Probably the love of bonus issues! It may also be due to the general bearish atmosphere at the moment . Guinness is ridiculoulsy solid but unspectacular. IF you own any, don't sell. |
Re: Stocks That Can Make You Rich In 2007 by enurayce: 5:13pm On Sep 28, 2007 |
oga easimoni longest time,how have u been?Whats ur take on japaul if uve seen the prospectus and whats ur recent views on the insurance sector.anything u will like to share |
Re: Stocks That Can Make You Rich In 2007 by shigidi(m): 7:06pm On Sep 28, 2007 |
Panadol:all are solid. skye and diamond asre your safest bets but wema is your trump card. you will make more out of wema than any other one on that list. |
Re: Stocks That Can Make You Rich In 2007 by RoughCut(m): 8:48am On Oct 02, 2007 |
For those who have been agitating for the Japaul Oil stats here are some numbers for you to digest Trailing P/E for YEnd Dec 2006=40 Trailing EPS for YEnd Dec 2006=14.9k Based on N173.6M PAT for YEnd Dec 2006 and Outstanding shares of 1.17B as @ Dec 2006 Forward P/E for YEnd Dec 2007=10.36 Forward EPS for YEnd Dec 2007=38.11k Based on N444M PAT and Outstanding shares of 2.4B as @ Dec 2007 Forward P/E for YEnd Dec 2008 =13.5 Forward EPS for YEnd Dec 2008=29.25k Based on PAT of N720M and Outstanding shares 2.4B PAT is projected to grow about 60% which i think they are more than capable of doing. PAT has been growing at more more 60% since 2003. So projecting forward for Year 2008 i have calculated that the stock should be trading at a solid N10-12 and if you are buying into the PO at a price <N4 you are definitely making very good returns. BUY BUY BUY |
Re: Stocks That Can Make You Rich In 2007 by shigidi(m): 12:03pm On Oct 02, 2007 |
@ roughcut, how did u get 10-12 naira by december 2008 its eps will be 0.3, that means it should be 9 naira at a pe of 30 thats been a bit on the optimistic side dont u think its a good growth stock and more of a long term buy. but 10 naira i think is high. |
Re: Stocks That Can Make You Rich In 2007 by easimoni(m): 12:17pm On Oct 02, 2007 |
Roughtcut, regarding the YE 2007 numbers (PAT = N444 and shares = 2.4B), the EPS is 19k and forward PE at offer price is ~20. The YE 2007 numbers you quote don't include the offer shares (prob a fair assumption since the certs won't be out). Anyway, my point is the numbers won't start to look good until well into 2008. Not an offer for short-timers. |
Re: Stocks That Can Make You Rich In 2007 by RoughCut(m): 12:55pm On Oct 02, 2007 |
shigidi: Very very easy Firstly the PE Ratio by YEnd 2008 will be 13.5 and not 30 as you stated They have also projected that PAT for YEnd 2008 would have grown by 60% from N444M to N720M If we agree that PE = P/EPS and EPS= PAT/Outstanding #Shares So i'm sure its a reasonable proposition to make that if PAT increases by 60% the EPS will also increase by 60% right? From our model P=EPS x PE Ratio Therefore the share price will increase in the same proportion as EPS from the relationship above QED Any questions holla |
Re: Stocks That Can Make You Rich In 2007 by RoughCut(m): 1:03pm On Oct 02, 2007 |
easimoni:easimoni you have calculated your forward PE for YEnd 2007 using 1.17B shares listed as at DEC 2006 and that gîves you a PE of 19 if you take into consideration the number of shares that will listed after this offer 2.4B that gives you a forward PE Ratio of 10.36 for YEnd 2007 |
Re: Stocks That Can Make You Rich In 2007 by Temmie10(m): 1:24pm On Oct 02, 2007 |
The tricky thing about japaul is that eps increases (07), decreases (08) and then increases again (09). 10 naira plus after 2009 fye is very possible according to the forecasts, its possible in 2008 too but that would be largely optimistic |
Re: Stocks That Can Make You Rich In 2007 by shigidi(m): 5:25pm On Oct 02, 2007 |
temmie10, they failed to factor in the shares in the p.o for 2007, they are already telling you these shares aint gonna be listed till 2008. 10 naira by year end 2009 is more like it |
Re: Stocks That Can Make You Rich In 2007 by MyPeace(f): 5:30pm On Oct 02, 2007 |
Shigidi, pls whats the implication of listing the shares in 2009? am about buying the p.o. pls explain the implication to me. thx. |
Re: Stocks That Can Make You Rich In 2007 by shigidi(m): 6:54pm On Oct 02, 2007 |
my peace, it doesnt mean anything serious, it just means ur not gonna get ur certificate till early next year and u knew that already |
Re: Stocks That Can Make You Rich In 2007 by RoughCut(m): 6:36am On Oct 03, 2007 |
The projections i made for YEnd factored in the shares to be listed as result of the PO so you are very free to draw your own conclusions. Going forward as Shigidi said you will not get your cert until next year but if the new SEC regulations kick in before year end you might just be lucky. The new regulation says share certificates must be sent out 6 weeks after share allotment so depends on how long it takes for the allotment and hopefully by year end 2008 all holdings will be dematerialized(no more paper certificates) so you are better off getting a stock-broker who knows what they are doing so your holdings can be registered with CSCS if you don't have one |
Re: Stocks That Can Make You Rich In 2007 by MyPeace(f): 8:33am On Oct 03, 2007 |
Thank you very much. |
Re: Stocks That Can Make You Rich In 2007 by walcolm(m): 9:02am On Oct 03, 2007 |
MyPeace: are you talking about JaPaul offer? |
Re: Stocks That Can Make You Rich In 2007 by walcolm(m): 9:11am On Oct 03, 2007 |
@ temmie & Shigidi, Japaul has factored in this new shares being offered in their calculations of the forward EPS going from 2008 to 2009. it is not unusual for the EPS to reduce (2008) after a new offer because u are dividing ur old earnings projections by a larger number of shares whilst the actual returns expected from the new capital has not started showing significantly @MyPeace the new offer will be listed as soon as the allotment is done and final approval is received from the appropriate body, that can happen from late 2007, early 2008 to worst case; late 2008 (highly unlikely) |
Re: Stocks That Can Make You Rich In 2007 by MyPeace(f): 10:09am On Oct 03, 2007 |
@ Walcom Do you see it as a good buy as Roughcut sees it? |
(1) (2) (3) ... (30) (31) (32) (33) (34) (35) (36) ... (46) (Reply)
MBA Forex (please I Need Better Explanation) / CBN Warns Nigerians Against “MMM”, Calls It Wonder Bank / MMM: Message From Amaka Who Just Married The Top Guider
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 57 |