Go Back   StockMarketNigeria.com Forums > Blogs

Old

WDSL Private Placement

Posted 23rd July 2011 at 10:29 AM by knightofdelta

Warehousing and Distribution Support Limited is a player in the oil and gas downstream sector in Nigeria looking to raise N20 million as working capital for a period of one year.
  • Minimum investment - N1 million
  • Issue - One year secured callable note
  • Fully collateralized and partnered with Skye trustees
  • Coupon payment is 22.5% per annum payable quarterly
  • Opening date - 15 July 2011
  • Closing date - 29 July 2011

The investment teaser has been attached. Send an email to me@knightofdelta.com...
Attached Images
File Type: pdf Prospectus.pdf (217.0 KB, 50 views)
knightofdelta's Avatar
Forum Moderator
Posted in Uncategorized
Views 789 Comments 0 knightofdelta is offline
Old

Trading Portfolio

Posted 21st February 2011 at 09:37 PM by knightofdelta

The trading has started. I sold 9000 units of RT Briscoe today at N3.01 and bought 26,500 units of Aiico at N1.03. The cost of transactions caused a drag on the portfolio and it is underperforming both on a daily and inception-to-date bases.
knightofdelta's Avatar
Forum Moderator
Posted in Uncategorized
Views 461 Comments 0 knightofdelta is offline
Old

Trading Portfolio

Posted 14th February 2011 at 07:48 PM by knightofdelta

The portfolio is taking some serious hit but none of the stocks have hit the sell trigger. I bought 9000 units of RT Briscoe into the portfolio today.

There is nothing fundamental behind selecting this stock. The purchase is based purely on technical indicators. The addition of the stock has significantly driven the risk level of the portfolio up. But how can one make good returns without taking up a little risk here and there?

I am waiting for the market to rebound....
knightofdelta's Avatar
Forum Moderator
Posted in Uncategorized
Views 445 Comments 1 knightofdelta is offline
Old

Trading Portfolio

Posted 10th February 2011 at 08:44 PM by knightofdelta

I did not buy any stock on the floor today. The portfolio took a hit but patience is the name of the game. I am eying another stock at the moment and waiting for the right signals pounce.

Meanwhile the portfolio is dragging behind the benchmark. Let's see how long this will last.
knightofdelta's Avatar
Forum Moderator
Posted in Uncategorized
Views 311 Comments 0 knightofdelta is offline
Old

Trading Portfolio

Posted 9th February 2011 at 09:56 PM by knightofdelta

I bought Japaul and Sterling bank today.

Japaul is selling at a forward PE of 6.46x compared with the weighted average market PE of about 14.91x. Dividend yield is estimated to be about 8.6%, which is close to the 1 year t-bill rate. The stock has a beta of 1.24, yet it has been resistant to the recent bears on the floor. This makes it an attractive stock to hold in the portfolio.

Sterling bank is selling at a forward PE of 4.62x while dividend yield is estimated to...
knightofdelta's Avatar
Forum Moderator
Posted in Uncategorized
Views 452 Comments 2 knightofdelta is offline

All times are GMT +1. The time now is 11:20 PM.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.3.0
StockMarketNigeria.comAd Management plugin by RedTyger

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37