THIS PAGE IS THE "BEAREST" PAGE in the history of Nairaland, and to add to that we have a "bearish" government too! What a bearish year 2008 has become!

There is hope though, as the market is gradually become sane at last!

When will Nigerians believe in themselves. The measures are sure welcome. If they did not do anything we will complain, if they do something we will complain. Now for those complaining etc. Tell me, what is the difference between prices being marked up 5% and down 5% and the present one 5% up and 1%. Now the former 5% up and 5% down, was it dictated by market forces or is it not still the same regimented price movement? The changes and regulations are welcome. Many will sit here complaining, while others will take full advantage of this upturn to make their millions. Sit there and be complaining, as at today, some have recorded 5% already on the stocks they gather liver to buy two days ago. Interestingly even if the prices go down tomorrow they are losing only 1%. If you don't like this I wonder what on earth you are doing at NSE. Don't buy yet I will sell to you later at a much higher price by which time you would have gathered more confidence in the market. REMEMBER, it is MARKET, nothing more than that. And Nigerian Market at that!

UACN PROPOERTY DEVELOPMENT COMPANY PLC
AUDITED ACCOUNTS FOR THE YEAR ENDED 31ST DECEMBER 2007
2007 2006 %CHANGE
TURNOVER N5.676b N5.484b 3.49
PROFIT BEFORE TAXATION N1.418b N1.368b 3.60
TAXATION (N348.332m) (N406.503m) 14.31
PROFIT AFTER TAXATION N1.069b N962.395m 11.16
MINORITY INTEREST N533,000 N3.712m 85.64
PROFIT AFTER TAX AND
MINORITY INTEREST N1.070b N966.107m 10.79
PROPOSED DIVIDEND/SHARE 2007 49 KOBO 2006 35KOBO
CLOSURE DATE 22ND APRIL 2008 PAYMENT DATE 13TH MAY 2008
AGM: ARTHUR MBANEFO BANQUET HALL, NOVOTEL FESTAC HOTEL
(FORMERLY DURBAR HOTEL) NEAR MILE 2
AMUWO ODOFIN LAGOS ON TUESDAY
13TH MAY 2008 AT 10.00 A.M

NIGERIAN BOTTLING COMPANY PLC
FULL YEAR ACCOUNTS FOR THE YEAR ENDED DEC 31ST 2007
2007 2006
TURNOVER N68.529b N59.674b
PROFIT BEFORE TAXATION N4.346b N614.489m
PROFIT AFTER TAXATION N3.172b N1.051b
PROFIT AFTER TAXATION AND
MINORITY INTEREST N3.166b N1.042m
PROPOSED DIVIDEND 75K
CLOSURE OF REGISTER MAY 12TH TO 16TH 2008
PAYMENT DATE JUNE 2, 2008
NOTE: AGM EKO HOTEL & SUITES ADETOKUNBO
ADEMOLA STREET VICTORIA ISLAND LAGOS
ON FRIDAY MAY 30, 2008 AT 11 A.M

Belewu:

Took a shot of her (picture) washed it, hanged it. Gee, this is the smartest thing i've said on nairaland! Mr. Risky, time to eject from Transcorp?

Thanks Bele' for your smart reply. I know some ladies must have been looking at me with one kind eye 'how can a loving husband shoot his wife' bla, bla. Na photo en take am ooooooo. Ok

I bought Transcorp then at N9.71 when I didn't know stocks would need to be analysed, like searching for a good wife. Now the question is back to you, should I bail out now

The guy who took N40m facility, this is the best time to take position now.  I can see the BULL galloping towards NSE but the distance is a little distance away, hence the distance may not be bridged in a good distant time

My friends wife told him, 'thank God for the BEARS, its only now since January you can look away from your portfolio at least to admire me'


That really reminds me of the following PUZZLE:  Who dares??


"A husband shot the wife, buried her in water, and later hanged her. Her relatives came and they all including their hanged sister had a dinner together".  How can this be possible?  How?

You are all welcome back. I had thought you guys would forget about stock at least for the next three months, afterall the bears are all here

Anyway, for now you need to joggle your brains. Just try and see if you can read the following. If you are able, then always rely on your instincts to invest. Do you really need analysis? A few candles are just enough, and AKT is currently discussing with a Candle producing firm in the States. We are looking for multiple colours this time, not just doji and red marubazu


NOW CAN YOU READ THIS That would tell if you are ready for the Bull that is currently raging towards the stage:

CAN YOU READ THIS?



fi yuo cna raed tihs, yuo hvae a sgtrane mnid too

Cna yuo raed tihs? Olny 55 plepoe out of 100 can.

i cdnuolt blveiee taht I cluod aulaclty uesdnatnrd waht I was rdanieg. The phaonmneal pweor of the hmuan mnid, aoccdrnig to a rscheearch at Cmabrigde Uinervtisy, it dseno't mtaetr in waht oerdr the ltteres in a wrod are, the olny iproamtnt tihng is taht the frsit and lsat ltteer be in the rghit pclae. The rset can be a taotl mses and you can sitll raed it whotuit a pboerlm. Tihs is bcuseae the huamn mnid deos not raed ervey lteter by istlef, but the wrod as a wlohe. Azanmig huh? yaeh and I awlyas tghuhot slpeling was ipmorantt! if you can raed tihs tehn you are srue of faliling in lvoe with the BULL.

All my riddles are always very simple, do not require analysis, so no one should be paralysed Once you answer this one, you can go and sleep. E bi like say all of us remaining now at this time, be bachelorsoooooooo


Your father has a child and your mother has a child, the child is neither your brother nor your sister. Who is s/he?

This one is simply the simplest of all.  Just choose out of the options.  That's all.

On the run, you are desperate to get into a place of safety. Faced with the following options, which do you think is safe enough for you? a) A room packed full with deadly explosives which can give off in a matter of minutes; b) A room housing three dangerously hungry lions which have not eaten for three years; c) A room packed full with condemned criminals with lethal weapons ready to be used anytime against any new entrant.

deleted

invisible!:

Mr Risky just reminded me about Americans, now a 14 year old Nigerian born in USA visited this country with his dad. While at M/M airport, the boy ws observing things quietly. As they sat down waiting for a car to pick them up, the guy boy remarked that all the bad news peddled by CNN about Nigeria is false.

the father asked 'why do you say so?

the boy looked up and said 'there has been electric light in this hall since we landed here ten minutes ago, and CNN said the other day that power goes off after every five minutes in Nigeria?'

the dad was about to explain when, suddenly the light went dead and everyone around shouted 'up NEPA!

The dad swallowed his comments and led the boy away to the waiting airport taxi.

You can't believe this really happened to me.  After a while outside Nigeria's shores, it was power failure at the airport less than 5minutes of my arrival that reminded me that we landed safely

Ok, answer this and you are sure of huge capital appreciation coupled with dividend and bonus  Just answer sharp, sharp:

Somewhere around Ikoyi, there is a bungalow that is painted all over in white colour.  What do you think is the colour of the staircase?  A) Black    B) Red   C) White

pumping777:

1st, 2nd and 3rd of January. Maybe.

OMG, I don see wetin Pumping777 no fit ANALYSE today .  Good you no go fit know everything.  The answer is  YESTERDAY, TODAY, TOMORROW

DELETED

pumping777:


Abeg which calendar was in use then??

@Pumping777, I like this your question/answer very well. An American once accused Nigerians of using question to answer question. And the Nigerian who heard this "wrong" accusation was stunned and exclaimed "who told you?". The answer was clear afterwards

Now, this is a BIG BONUS for you. Quick, quick, name three consecutive days without the mention of Monday, Tuesday, Wednesday, Thursday, Friday, Saturday or Sunday. Oya quick, quick

Krrush:

". . .crashed beyond recocnition"

No survivors' bodies to bury.

Wait a minute!"Survivors" mean "alive"

THERE WERE SURVIVORS,BUT THEY WEREN'T BURIED

Even if there were survivors, Do they bury SURVIVORS??

Do you fly often?  You might find this interesting.  Even if you do not fly frequently, you might well relate to this.  In any case, just try give the correct answer here:

Now the tori,

"During the second republic in Nigeria, a plane was flying at 20,000 feet over Nigeria and Cameroun territories.  If you recall, the Bakassi issue was still on.   Anyway, during the flight, two of the engines failed.  The pilot, realizing that the last remaining engine was also failing, decided on a crash landing procedure.  Unfortunately, the third engine failed before he had time to attempt an emergency landing, and off it went, nosedived and crashed beyond recognition at Bakassi.  Where were the survivors buried?"   A) Nigeria; B) Cameroun; C) Bakassi.

deleted

Mr. Risky:


@Savvylanre,  This no be Candle stickooooo  Na brain.  The other guy was correct, the fifth daughter is MARY.   Read the sentence well


Ok What about this


A mute person goes into a shop and wants to buy a toothbrush. By imitating the action of brushing his teeth he successfully expresses himself to the shopkeeper and the purchase is done.
Next, a blind man comes into the shop who wants to buy a pair of sunglasses; how does HE indicate what he wants?   

make una try na, una don sleep just now

SavvyLanre:

Na lie, na Nunu (AEIOU)

@Savvylanre, This no be Candle stickooooo Na brain. The other guy was correct, the fifth daughter is MARY. Read the sentence well


Ok What about this


A mute person goes into a shop and wants to buy a toothbrush. By imitating the action of brushing his teeth he successfully expresses himself to the shopkeeper and the purchase is done.
Next, a blind man comes into the shop who wants to buy a pair of sunglasses; how does HE indicate what he wants?

Well let's have some more fun since NSE is on FORCED HOLIDAY.

Could the following pass for a teaser? Just try anyway. How familiar are you with vowels in the English Alphabet? Can you quickly recognize them? Then try this one:

Mary's father has five daughters: 1. Nana, 2. Nene, 3. Nini, 4. Nono. What is the name of the fifth daughter?

beginner:

Aktopgun
My dear brother, please shine candle on Fidelity. I have too many KG that selling is about half a million loss. I am really considering counting my loss and move on to something positive.

Just wait a little. The motto of Fidelity is "WE ARE FIDELITY, WE KEEP OUR WORD". It was on offer today, anyway. It will hit no less than N18 before the year runs out. Don't think you need candle or stick for that. Just wait.

Kashif:

I have put on my bullet proof vest but the bullets are still getting at me

I rely 100% on interpretations here; all those spinning, forward/backward/reverse EPS etc sound Greek to me

Abeg o, ABC is losing and the number of deals is on the decline. What does this mean abeg because man pikin dey neck deep for that one O!

You are speaking my mindooooo. Yes, actually what do those "spinning" really translate to? Does it mean that the stock will spin investors' head? or the investors will spin the stock's head? This candle is one thing that has helped to remove the mystery in this enigma called NSE

AKT, for quick CICO, pls can you shine candle on any stock you think might release a VERY BAD RESULT, so I can position myself for the short term? That is the only thing that seems to work now. I did for NIGERIAN BREWERIES, and DANGOTE SUGAR, I am almost looking like a village clown right now all within just one month Sincerely I don't understand the anger, is it that they were expecting Nigerian breweries to give BONUS AGAIN or for DANGOTE to give 1 for 1? I have never seen were investors are AFRAID OF GOOD RESULTS

doncaster:

please gurus love your contributions on tis section of nl.
guys wht is happening to wapco and guinness.

There is fuel scarcity, so not enough fuel to PUSH THEM START  They are fundamentally sound stocks, but cannot give you more than their annual dividend.  Capital appreciation is equal to -0

I can see DISAPPOINTMENT on the faces of those on the Unilever Train.  Who wants to receive dividend in coins for a N28 stock?  Why can't they pay "Extra Ordinary Dividend", they always have "extra ordinary item".  I am available when they are ready, but not now.

I can see Dangote Sugar shooting after closure of register.  The happening year is knocking. The guy's strategy would be to release a fantastic 1st qtr result some time in April, and guys will go for more UBA pluses

But when will NASCON tell us what they have for those of us waiting on the queue?   Diamond Bank N19 plus in March? and FCMB N18 plus  This BEAR dey drink plenty BEER oooooo.  Hoping to tidy up a loan and shoot without missing, great BUY opportunities to average out are open, and yawning for recognition.

WHO CAN PREDICT NSE  Maybe in the 2nd Quarter, Motherof3 or Uncleof666 will do that  And who takes those titles   Don't be surprise might be a neophyte in the game.  People who don't analyse but rely on instincts have made their millions in this 1st quarter.

This is about the unique NSE 1st quarter that analysis paralysed a lot of guys who could not but stand still helplessly watching FUNDAMENTALLESS stocks taking their giant strides up north.  I once asked about Ikeja Hotels, a guru here has said that the growth potentials is what is hampering the stock.  But today, from N6.70 to N10+, and yet DIAMOND along with other fundamentally sound stocks have painted my portfolio so red I cannot recognize the figures any more,why Afroil and Capital Oil guys are smiling to their pastors

I rest my case, anyway its a matter of time and season.  When I will begin to explode in these bank stocks, no one should write me any LOVE letterooooo or ask for my private email address  I go just bone

aktopgun:

tomorrow is a big day for CCNN going by the patterns today.

AKT, how children? Can the Candle show if the upcoming result for CCNN will be a bad one? Tell me now, so I can position myself. Bad results are the inthings now in NSE

greentree:

i think i also mentioned i was privy to celtel coming and i was ignored. anyway its all good. i will face that one full on.

Pls mention another driver, I WON'T IGNORE YOU, THIS TIME

Market Review
The week still saw a lot of transaction velocity in the insurance sector, much like the attention the banking sector enjoyed in its post-consolidation period. Now that a similar self-induced, second-phase capital base expansion process has begun in that industry as was witnessed in the banking sector, the prospect of growth in insurance business begins to look real. The current share offer of Standard Alliance Insurance Plc aims to boost its capital base to some N20 billion, just as is the impending offer of Staco Insurance. With these, insurance business should be getting much bigger and it's time to begin to indentify the future industry leaders, more a function the capital growth and a crack management team. Operators like Standard Alliance and Staco look poised to play in that class, just as we expect of AIICO, Crusader, Niger, LASACO and a some others. IGI looks set to get listed soon and will also be expected to fight for a frontline position in the sector. 

In the conglomerates sector, Unilever, which is experiencing a price rally, is expected to sustain it on account of its significant recovery from a loss-making position. Its third quarter to September 2007 PAT of N1.524 billion, compared to a same-period loss of N1.388 for the preceding year, should portend better days for the stock. The company has been on a recovery effort and that is obviously yielding good results, expected to trend further up. Meanwhile, transactions in Transcorp shares were huge in the week, taking the second slot after Universal Insurance (see top trades chart below). The indication: just as there were stockholders wanting to get out, there were those that mopped it up. The stock, in the process, picked a 12.47% rise in price. While the direction of the company cannot easily be pinned down at this point, it's clear that no stakeh older, including the government, wants NITEL or even Transcorp, dead. So, should you really sell now or wait it out? If you have better prospects in an alternative investment, bailing out would be justified. Otherwise, waiting it out is an option to consider.

Though the banking sector still commands sustained volume strength (First Bank, Intercontinental, Oceanic, UBA and Fidelity were sector leaders in the week), it continues to trail the insurance sector in trade tempo. More remarkably, nearly all the banks picked losses in the past week (see chart). However, we think the sector's potentials haven't diminished, in spite of current market sentiment. Some have reported very strong earnings growth performance that should boost returns expectations. Consider these, for instance: Fidelity's 160% growth in PBT for Q2 to 31/12/07, Oceanic's 160% PBT growth in Q1 to 31/12/07, Access bank's 206% PBT growth for Q3 to 31/12/07, Afribank's 207% growth in Q3 PBT to 31/12/07 or Bank PHBs 315% growth in PBT for Q2 to 31/12/07. The top level banks have earned well too: UBA 100.66% Q1 growth in PBT or First Bank's 70.37% growth for Q3 to 31/12/07. Taking the results on their face value and considering the ex pansion drive of most of the banks, the current price weakness in the sector needn't cause a panic.

I have been aiming to sell my Dangote Sugar as soon as they will release result thinking that that would move the stock, NOW the very REVERSE is the case.  Yes, the price will trend up, BUT WHEN??  If people are not impressed with BONUS and DIVIDEND, and are obsessed with LOSSES .  What should be the tricker  Just wondering?  I wish I had sold it when it rose to N51

yodiyokun:

I am comparing Niwicable/ Beta glass/ABC for a hit?

I only want to hit one -

Which is most attractive at current prices?

I already have my favourite but want others contributions

I don't see any of the three releasing a bad result. So I fear if they will be attractive    The attraction these days is always an IMPRESSIVE BAD RESULT  

The trend has changed, so I am changing along with it.  My N2m held down in Diamond Bank since early January would have fetched me no less than 150% returns if I had gone for Capoil, First Alluminium, Evans Medical or Afroil. Just my 3 naira worth

Who is watching?

Unilever
NASCON
PZ
7 Up


NSE Bad stocks with impressive results:
UBA
FCMB
DIAMOND BANK
OCEANIC
NIGERIAN BREWERIES
WAPCO
VITAFOAM (Until after closure date)
Fidelity Bank
Dangote Sugar (warming up to join the list)

COMPANIES WITH NSE FUNDAMENTALS:
UNTL (its even on bid after a gargantuan yoy loss of over 1000%)
Evans Medical (Had a fantastic bull run after an impressive woeful result)
Transcorp (still trending up, even without management)
Eterna Oil (Looking forward to a fantastic LAT (Loss After Tax)
Dunlop (Looking forward to an impressive LAT (Loss After Tax)
Afprint (Have Been bullish even without 2006, 2007 result at least so far)
Grommac (Have been bullish, though don't even know what they do)
Livestock (Has been bullish, even without life in the stocks )
Josebreweries (Has been bullish, though its only in JOS)
Afroil (A mystic stock, but very bullish)
First Aluminium (Has been tremendously bullish, even with a superb interim LAT (Loss After Tax)
Capoil (A stock living in another name, though mainly in the east, but its bullish over the federation )
Okitipupa (Very bullish, has been on net BID, not many yorubas even know what this company produces )
Vono (Products so archaic, I can't even recognize them if I shown one, and yet very bullish, though has an impressive record of huge losses)
Polyproducts (So bullish I even thought it was POLICEPRODUCTS  Checkpoint)
Juli (May remain bullish even till July )

Did I hear someone say "the list is endless, jare"