Nigerian Breweries

[SavyInvestor]

Hi Guys,
Why is the share price dipping towards its 52 week low. Is there something happening or not happening as the csa may be. Does this present a buying opportunity.
C'mon all you wizkids?

Regards

[onwujubac]

I need to know how Nigerian brewries is faring. I have just started using this blog. Please could anyone tell me how the Brewries stock is doing?

[c kenneths]

In comparism to other blue chip stock listed on the NSE, NB is a complete flop! investors have lost a lot of money in NB stocks, the prices are almost stagnant since the past two years, with no impressive dividend or bonus to sustain it.
I think their problem started last time they decided to give bonus shares of 1for 1 without a concrete plan about how future earnings could satisfy the enlarged share holders.
Fundamentally the company looks strong but their retun on investment is an absolute disaster, people have lost quite some money in floundering share prices. On the positive side, lets pray the company gets better soon.

And please where is Specnomics, we are missing him in da house !

[Avocado]

Originally Posted by c kenneths

In comparism to other blue chip stock listed on the NSE, NB is a complete flop! investors have lost a lot of money in NB stocks, the prices are almost stagnant since the past two years, with no impressive dividend or bonus to sustain it !

Er, does this also mean that new investors should be preparing to buy NB shares soon as it may appear sth different (say a new management) 's about to happen?
.

[paragon]

hey, Nigerian Breweries is going to pay a dividend of N1.04 soon. The price is expected to rise due to this, so if you are about sellinh off your shares in the company, hold on/

[c kenneths]

I am only sympathising with the guys that bought NB at 130 naira plus, how do you think they will feel now? RIPPED OFF!
Meanwhile, the 1.04k they are going to pay looks like a stipend when you factor in EPS.

Well, investment has its own fair share of risks and this is a typical example of some serious miscalculation on the part of the concerned investors.

I wish the dividend cheers them up.

[Stockbear]

A must read for NB investors!

Proshare
Nigerian Breweries in Danger of dropping below support
Posted Friday, April 27, 2007

NB is in danger of violating its N35 price support again. The stock closed at N35 today (April 23, 2007) losing N1.30. The N35 price has represented very strong support in the past for this stock.

http://www.proshareng.com/myproshare...es.php?id=1026

[Lidris]

This is a very interesting web site God bless the creator and all that is his.

Pls can someone confirm the sale of first bank shares please? and how much
and if this is going to be an IPO?.

I live in England and a lot of nigerians here does not believe that nigeria stock market is booming we still need alot of education for our future plans.

The Ebook has been a great help nothing like it, it simplfy how your money works for you not you working 4 ur money.

Thank you once again May the good lord add more to your knowledge.

[Geeman]

I am not sure whether this is the right thread to raise the question. But my understanding is that this is a hybrid offer. It is open to existing shareholders as well as interested new buyers. While existing shareholders will pay N31 per share, new shareholders will pay N33 per share. In either case, this will represent a discounted value of the share because before the technical suspension, the price had risen to N40.40. However, it appears that the offer will last for a limited time only from 14th May -21st June. The expectation is that it will be over-subscribed. This means that interested persons will need to act fast.
Take a plunge, it's a name you can count on!

[Avocado]

Originally Posted by Stockbear

A must read for NB investors!...

Stockbear: did you keep the rest of this news item? It appears it's not online anymore (or not available to non-subscribers). If NB drops below the support, that's good news and bad news.

P.S.1: Lidris: welcome on board!
P.S.2: There's a thread dedicated to FBN; perhaps we could shift this interesting discussion on FBN there?...

Cheers.

[alanbow]

Hi ,

The complete news is still available on the website, I just logged in there now.

Are you registered on thier site?, if yes all you have to do is logon.

[dotunk]

since NB's 1 for 1 bonus issue, it has been swimming in shark infested waters. i really do hope they come out ot it.

[mike eleogu]

This is good news to investors who really need an impreesive return to their
investment.But the timing is too sudden.

[oseitutu]

I got NB in January with high hopes that it will rebound but it seems the journey is still far. I left on Friday at 42.5. I bought at 37. I wish those still there luck, I don waka joo!

[alanbow]

Originally Posted by oseitutu

I got NB in January with high hopes that it will rebound but it seems the journey is still far. I left on Friday at 42.5. I bought at 37. I wish those still there luck, I don waka joo!

Might just have bailed out a bit too early, Just broke the 44 naira barrier and with yesterday intra day at 45.6/42.05 it should be an upward ride for a bit of time, but then, I see your point, the share has been stuggling for a while now.

HMMMM Obviously spoke to early, now down to 43.61 today

[oseitutu]

Originally Posted by alanbow

Might just have bailed out a bit too early, Just broke the 44 naira barrier and with yesterday intra day at 45.6/42.05 it should be an upward ride for a bit of time, but then, I see your point, the share has been stuggling for a while now.

HMMMM Obviously spoke to early, now down to 43.61 today

It may reach 50 naira or wherever, I am simply pleased I did not sell at a loss, besides I did NASCON with the money and that has done 18% in one week! 10% in 6 months may not be much but I am content with it.

[c kenneths]

For the investor that wants to buy a stock with both the short and long time horizon in mind, this is your stock and this is the lift off hour, just get on board now for a smooth ride, by january next year ask the pilot to drop you off at the next stop, this looks good, bon voyeur,(I no sabi french ooo)

[lca2000_nl]

Originally Posted by c kenneths

For the investor that wants to buy a stock with both the short and long time horizon in mind, this is your stock and this is the lift off hour, just get on board now for a smooth ride, by january next year ask the pilot to drop you off at the next stop, this looks good, bon voyeur,(I no sabi french ooo)

I agree with you totally, i have been watching that stock for sometime especially when i heard they had paid up their loan. I bought some for both long and short term basis. Their year end is sometime in december and i intend to cash in then

[pumping]

Originally Posted by c kenneths

I am only sympathising with the guys that bought NB at 130 naira plus, how do you think they will feel now? RIPPED OFF!
Meanwhile, the 1.04k they are going to pay looks like a stipend when you factor in EPS

Well, investment has its own fair share of risks and this is a typical example of some serious miscalculation on the part of the concerned investors.

I wish the dividend cheers them up.

I am new to this forum but I am so impressed with the quality of analysis available here. There is priceless information to be gathered here.

Back to the quote above.

There'a lot of bashing going on with NB but I don't think rip off should come into it. The stock market is both profitable and risky and we have to take what we get.

NB has always been a sound company where many made several millions. Companies do not make or lose money when stocks rise or fall. Agreed that company execs may cook books to appear to meet targets and earn bonuses but this is not the case with NB. NB rose based on historical performance and fundamentals. This was the no 1 capitalized company in Nigeria that consitently performed well over several years. Honestly there was enough reason to know that NB will fall into hard times for those also factoring in the political arena.

I am making these comments because I am new to this forum and from what I have read so far a lot of people still do not recongize that stocks can be very very risky. I see many comments about investing and making 200-400% in a few months. I know these comments come from less experienced commentators and it is important for the gurus to always point out the risk inherent in stock trading. Traders must know that losses will always happen. You cannot always predict correctly even with all analysis done. I agree that you have a much better chance with analysis though.

It's great that so many are very grounded with the fundamentals of all these stocks. This will help to keep one on solid ground and not end up with stocks that will lose over 50% value in a couple of months.

Keep up the good stuff!

Pumping.

[Stockbear]

Pumping: I like your choice of handle. And from the look of your post above I believe we can expect you to pump some juicy bits into our discussions and seasoned with sound judgement.

I know you will be an asset to this forum.

Welcome aboard the SMN gravy train.