bigjay01:

oh boy as u display your email addy like this, na inviatation to spam be that oooo

Thanks. Should have known better!

Fellow Nairalanders,

My apologies for being away for a long time. I have been very busy, and I guess the long reign of the bears did not help matters.

I have been thinking (especially in view of the current market-bashing) that it is high time one looked beyond the stock market into other business ventures within Nigeria and abroad. The NSE, no doubt, is still a gold mine, but I daresay one should not put all his/her eggs in one basket.

I have been toying with the idea of a collaboration between Nigerians in Nigeria and abroad for sometime now. I have come up with a couple of ideas, ranging from real estate, entertainment, engineering and IT, and would be glad if a few willing people can team up with me to form a small consortium. The ideas, by the way, are still at their embryonic stages, and would need to be developed along with other ideas fellow collaborators may have.

I am therefore calling on Nairalanders who may have been thinking along the same line to indicate interest so that we can work out the modalities to us start something. I believe it is worth a trial. Of course, there are lots of challenges, including the fact that this could be a scam, but I also believe that these could be handled.

Please indicate interest by sending a mail to: ike_onyebu@yahoo.com

AKT, ejoo flash me at:    ike_onyebu@yahoo.com

damoche07:

Another thing,please.Has anybody else noticed that


easimoni=Huckabee

Pumping=Highlander.

Dont be fooled.

Just saw that! Funny, isn't it.   Can't see the comparism.

MrPresidnt:

@easimoni, RouchCut et al,

Thanks all.

No be so I de do too but when you get one these rare cases, they just annoy you really. We get enough yawa from oyinbos calling us names, and now some of us have had it up to here. However, apologies to the room if I went overboard.

Case closed!!!

People in your line of biz shouldn't get upset even when under intense pressure.  

windywendy:

Hi guysssss ,











Bye guysssssss
_{been extremely busy, will catch up and post later!}

We should be having pictures here. I can roughly guess how you look. _{have a rough picture in my head}  

Highlander:

Dangote Sugar is one of the fundamentally sound companies in NSE. I'm sure most of today's profit takers were still not sure of the bonus story by the time they gave their sale order. Watch what will happen tomorrow.

The market is not looking good for Dangote Sugar. Something is definitely wrong with NSE.

SavvyLanre:

FofMany including moi, so na you talk am - your son dey there o, and your daughter-in-law no gree me commot.

This is it, with the new management - there is a high vision for changes and positive revenues with good PATs, but i guess we are all waiting for one result to justify the maiduguri run,

BTW - who knows when we should be seeing results, i am under the impression of anytime soon, and knowing NSE, some people go don see wetin dey happen.

Everybody knows Eterna has nothing going for it other than sentiments. You may get badly burnt.

Mr. Risky:

NSE 2008 FIRST QUARTER BEHAVIOUR: I wish the remaining stocks in my portfolio will RELEASE VERY BAD YEAR END RESULTS, so that their share prices will begin to shoot up 5% DAILY

It's crazy isn't it? Guess a lot of guys in Nairaland are not complaining though!

samstone4:

@ Highlander

Any idea who is grabbing all the Costain offer?
Note that most of the hybrid was for the rights and relatively small amount was PO.

Gist us - like the women say when keeping the bride company in the fattening room.

Samstone4

That is the whole question, who However it has held on so far! It may still hold some more - it just depends on the motive. All caveats!!! If I had Costain, I would have since sold!

samstone4:

@ Rasputinn Et Nairalanders

Costain has a very, very huge infrastructure contract.
Don't know details.

Bon chance - as le rogue trader might say.

Samstone4

That ain't all! Somebody is grabbing all the offers, chikena!!

debenzd:

@PUMPING SO YOU HEAR RUMOUR FOR RTBRISCOE NA IM You NO TELL US? HABA.

You KNOW SAY NA BUY ON RUMOUR SELL ON NEWS NOW.

ANYWAY ENJOY YA LOOT.

The rumour has been hanging around. But then it's been just a rumour!!!

easimoni:

The turn-over for RT Briscoe dropped? or did the volumes traded drop? Can someone please post the results (not yet recieved my FSDH update)? Please!

He's referring to DSR

pumping777:

RT Briscoe

Chei!!! Finally representing. So the rumour jist correct? Thank God for patience. I bin say it was still okay to buy at N32 about 2 weeks ago se? I think it would have been a good idea. Abeg, anyone with the results?

Ikeja Hotels ain't slowing down either!!!

aktopgun:

i'd like to believe u but on what do u base this comment highlander?

Dangote Sugar is one of the fundamentally sound companies in NSE. I'm sure most of today's profit takers were still not sure of the bonus story by the time they gave their sale order. Watch what will happen tomorrow.

aktopgun:

who was i begging to be careful on dansugar last week sef?

full 5% loss today. na wa o!. abi the good result had been factored into that hike late last week in its price?

rough few days ahead it seems

There is surely going to be a reversal tomorrow.

cj2008:

1-4 BONUS FOR BETAGLASS.
CONFIRMED.

You sound as if you have an ulterior motive!!! How many times do you need to say that?

aktopgun:

tread with caution on DSR my dera hbrednic. tread with caution unless u are in for the long haul

@ atam
BR3 KE. NO VEX O I NO SEE UR QUESTION(s)

There's bound to be some form of turbulence due to selling pressures, but this stock is headed for N65 in a matter of weeks. Caveat applies though.

aktopgun:

tread with caution on DSR my dera hbrednic. tread with caution unless u are in for the long haul

@ atam
BR3 KE. NO VEX O I NO SEE UR QUESTION(s)

There's bound to be some form of turbulence due to selling pressures, but this stock is headed for N65 in a matter of weeks. Caveat apply though.

TeeHay:

Can't agree more with guru AKT. I percieve, in addition, that if it closes higher on Monday it would head to take off its year high of 7.00. In my opinion this retracement is strong enough to take of that high, if it begins on Monday. CAVEATS Plenty!!

Ikeja Hotel seems to sustain the resistance breakout!!!!, a full 5% added today!!!

Ain't not stopping this one!!!

wanaj0:


Wicked ke How

Bears are all over!!!!! Not only insurance stocks. Na general crisis.

Bull run Wetin go spark am? With the useless results to be churned out, don't see how the current ridiculous prices can be sustained.

Patience go turn people to Patient. That's all that is needed.

Let's not get overly pessimistic. Heavens are not about to fall. There will always be a reversal and it's not far away.

yodiyokun:

Come oo- Is this not a clever strategy that may have been devised by our stockbrokers to put an end to this otherwise intellectual site and ruin our interactions.


meanwhile my fellowmen and women can we redirect ourselves to our before before site? at least that place is very much moderated and any insulting poster will be banned with automatic alacrity.

just a thot.

I am definitely Out

Quitting is not the solution. You may choose to completely ignore posts from anyboby you consider to be a nuisance. Don't even bother to find out what he/she has to say. That's what I do.

Atam-Man:

@Akatopgun,
Still waiting for your reply to my last post.
Look, I am becoming scared of the direction this forum is going. This is why I am going to ask you for the 2nd time, abeg point me in the direction of some entry level literature RE: TA and Candle gazing. I must add that I am not very numurate, thanks

As an aside, seeing that a good number of gurus are becoming wary of the manner of speech/behaviour on this forum, I wouldn't be surprised to hear that you are bailing out. It goes without saying that we may soon be saying RIP to this forum if the warring teen-like members do not sheath their swords.

If you don't know how to ask nicely, don't ask. There is no need of repeating how many times you have asked. Nobody is obliged to answer! You don't even know if the guy is online.

pumping777:

I have to be fair to myself. I don't have an agbero broker like many of the folks here.

Na real ajebo I get so to announce a stock I want to enter here go hard small unless I have no plans of entering.

Make I finish first before all of you with super man brokers will block my entry with your muscle power.  

Fair enough! But give us some idea - and maybe one example, just one.

pumping777:

Now that the bears have shown some colour, I hope we can use it to our best advantage.

i know nobody is in a hurry to buy now even though now is looking like the best time to position to buy.

Scan around and start seeing some stocks that have lost more than 20% with some good fundamentals. Don't wait for the stocks to start moving north before you start chasing the train.

Pumping,
Please oblige us with a few examples (of course I know a couple of stocks that have shed some weight, but good fundamentals na another issue!!!).

Highlander:

Thanks. Would need to consult bigboylarry on that - or maybe not .

That's for NIWICABLE!

windywendy:

I doubt that Bigtreat will hit N10, but you never know with the way the market is performing these days. Imagine Alumaco at 21, meanwhile a bank like FCMB with waaaayyyy better fundamentals and prospects is trading at below 20   However if today's trading numbers are anything to go by, Bigtreat traded as low as it could possibly trade and almost touched the highest it could possibly trade at. Average price was 11.12 so it's looking like 11 might be a support price. There's no significant difference between 10 and 11, so I suggest you start buying at 11 if you want to do a quick cico on the stock.

NSE is weird, definitely, but it's definitely making a lot of smile!

@Highlander: I don't know where niwicable will be headed to, and I don't know when either. That na bigboylarry question Howeve they're projecting PAT of 500m so you decide what value you want to place on the stock.

Thanks. Would need to consult bigboylarry on that - or maybe not .

pumping777:

Oya, wey my commission?  

This na real sledge hammer and I hammer the tin correct. 125% after all said and done in 5 weeks. Chei!!

To compensate Scoa, I must buy one 504 this year. Dem still dey sell am?

I envy you guysooo! I never get liver to chop more than 40% on any stock. Something go just de hammer for my head say e go crash the next day. Congrats!!!

windywendy:

@Naijadr, sorry I had to log off yesterday, been very busy.

@CrazyT (I can't believe you've been holding cash for 2wks   ) and Naijadr:
For this week, my cico recommendations are: niwicable (both cico and medium term) neimeth (terrible fundamentals, but i'm in for a quick 10-15% and will only hold for a few days), may&baker (not-so-good fundamentals, but could also make the quick 10 - 15%). Of course Monday or today would have been the best entry points but that depends on your return objectives. Bigtreat is also beginning to look like a good cico candidate.

For the medium term, I would target stocks like STD. Insure (which I already own) -- it should be off TS by the time most insurance stocks are at year highs. The company has diverse revenue streams and has been growing topline, bottomline and margins (esp.) at an impressive rate. Forward PE based on a projected PAT of 600m -- which I believe is very conservative -- is 27. The only caveat is that the company has convertible preferred shares, though i'm not sure if the investors in those shares have converted and sold already. ABC Transport is also good for the medium term, though if I were to hold it for that long, I won't hold beyond the end of May or early June, which historically has been the time around which the stock experienced its highs. For the long term, a lot of those bank stocks (FCMB, Oceanic, UBA) are good. Some PPs are also worth looking at for LT investing.

Of course, all the caveat types apply.  

Wendy, where do you think Niwicable would be heading to and when?

Mr. Risky:

My brother thanks for your sincerity and your earnest desire to learn the trade in the proper way.  My perspectives of the market are these:

1.  The banking sector is silent now, its time is coming and would likely start around June this year.  And when it starts, no going back because THEY DELIVER.  The PATs and Increasing turnovers are there to testify and their growth is not in doubt.

2. There are turn around companies like Dunlop, Livestock Feeds, Niwicable, Beta Glass and C& I Leasing and Deap Cap.  These companies have a future based on what I know about them today.  If you join the party with good entry now, in the next 9months to 12 months you will surely laugh.  The turn around here may include ones that recently received FDI to enrich their prospects.

3.  Some insurance companies that are making waves now are living under their shadows.  They will have no good result to support their POPULARITY.  By the time the chips are down midway into this year, we shall see.

4.  The petroleum stocks are also making waves. Apart from OandO that has tangible news to support its claims, and perhaps Eterna Oil which cards have not been placed on table yet, I do not know how others will live up to their claims.

For me, if I am in your shoes, I will buy the following stocks with a view that in the next 12 months I will reap.  UNFORTUNATELY I do not see the capital market as a short term investment.  I am a thorough medium term player and it works miracles for me.  When I say medium term, I mean anything between 13 months and 36 months.

My stock picks for today are:

Oceanic Bank
First Bank (Big things are coming)
UBA
G T Bank
Diamond Bank
Bank PHB
Zenith Bank

Others are:

7Up (Good income stock)
Beta Glass
Nigerian Breweries
Nigerian German Chemicals
RT Briscoe
Japaul Oil
C & I Leasing

Turn Around Companies
Dunlop
Livestock
Niwicable
A G Leventis
ABC Transport

Insurance Coys
Crusader
Staco
Law Union and Rocks

All the stocks above, at their present prices, I will hardly go for them EXCEPT, the banking stocks excluding GT Bank.  I hope I have not accidentally disclosed my portfolio here.  With the above stocks I sleep well at night and don't bother about daily price fluctuation.

CAVE AT EMPTORESS, EMPTRESS, EMPTY, TEMPTING!!!!!!

What would your long term be?

loma:

Yawn, Just waking up jare,

Sold my SCOA today. Over 100% in less than 1 month after broker's commisions.

Make I find the next candidate sef!

Congrats! E reach to washoo!

WASKY-WAJA:

PUMPING777

email me the document at (waskywaja@gmail.com)

This guy go die for una? The damned thing has already been uploaded!