What to Buy Now

[El-Kayode]

Dear Members,

I feel it will do us so much good if we can help ourselves on stocks to buy now. At everypoint, there are always stocks that can be bought from the secondary market, knowing these and sharig with forum members will actually do a lot of good.

To start with, the info I was able to extract from Business 360 degrees lists these following stocks as stocks that one can make millions from.

Stocks Target Price(N)
Ellah Lakes 10
Okitipupa 10
Dunlop 12
Diamond 30
Ecobank 28
Fidelity 26
FirstInland 24
Oceanic 52
gtb 34
skye 25
nigerian Ropes 18
nsl tech 30
red star 22
thomas wyatt 20
costain 90
Transcorp (speculative) 10
national salt 26
Eko corp 16
May & Baker 24
Alex 22
All Insurance stocks except for
Acen, GNI, NFI, Confidence,
Security, Amicable, Sun

C&I 25
Japaul 25
Union Homes 15
UNTL 12
ABC 12

Thanks.

Please let's keep this thread alive.

Cheers

[Babs_O]

What are the predicted prices for UBA, First bank and the multitude of insurance companies.

What are the forecast PAT and shares in issue they used to generate these price forecasts.

[El-Kayode]

Originally Posted by Babs_O

What are the predicted prices for UBA, First bank and the multitude of insurance companies.

What are the forecast PAT and shares in issue they used to generate these price forecasts.

Babs, the title goes, 'Stocks That will make you millions before the end of the year.'

I really do not know how they arrived at these, but I have followed some of their predictions some times, and so far so good.

About UBA, FirstBank they did not say anything.

Cheers

[BLUEMONEY]

while this is a very welcome development, you must understand that most of these firms out there that recommend stocks to people have already taken positions in this stocks and will offload immediately there is an increase in the prices of this stock. the list of stocks posted by this firm is very interesting. they are recommending okitipupa oil. my question to them is that when was the last time this company released thier financials to the stock exchange ????. as far as i am aware this company may be among those that will be delisted very soon due to the fact that they have not been proactive for years. like i said ealier, it is a welcome development so we should try and keep this thread active so that members will not buy stocks like okitipupa oil.

[olusolakemmy]

Originally Posted by El-Kayode

Dear Members,

I feel it will do us so much good if we can help ourselves on stocks to buy now. At everypoint, there are always stocks that can be bought from the secondary market, knowing these and sharig with forum members will actually do a lot of good.

To start with, the info I was able to extract from Business 360 degrees lists these following stocks as stocks that one can make millions from.

Stocks Target Price(N)
Ellah Lakes 10
Okitipupa 10
Dunlop 12
Diamond 30
Ecobank 28
Fidelity 26
FirstInland 24
Oceanic 52
gtb 34
skye 25
nigerian Ropes 18
nsl tech 30
red star 22
thomas wyatt 20
costain 90
Transcorp (speculative) 10
national salt 26
Eko corp 16
May & Baker 24
Alex 22
All Insurance stocks except for
Acen, GNI, NFI, Confidence,
Security, Amicable, Sun

C&I 25
Japaul 25
Union Homes 15
UNTL 12
ABC 12

Thanks.

Please let's keep this thread alive.

Cheers

please does this magazine have feedback segment, where they expect readers to ask question?
if they do, pls kindly ask what are the basis for their judgement.

[lifepeters]

My Fellow Members,

It is a very nice idea and good suggestion for investors like ours. I also read the 360 artcles concerning the stock but my major concern here is seeing is beleiving.

thanks

Lifepeters

[juliusdudu]

Originally Posted by BLUEMONEY

while this is a very welcome development, you must understand that most of these firms out there that recommend stocks to people have already taken positions in this stocks and will offload immediately there is an increase in the prices of this stock. the list of stocks posted by this firm is very interesting. they are recommending okitipupa oil. my question to them is that when was the last time this company released thier financials to the stock exchange ????. as far as i am aware this company may be among those that will be delisted very soon due to the fact that they have not been proactive for years. like i said ealier, it is a welcome development so we should try and keep this thread active so that members will not buy stocks like okitipupa oil.

There was a time I heard that GTB granted okitipupa 350 million loan and they will soon come to the market. I tried to place order and for like a month i was not sucessful because of tin volumes. maybe they have that info and u know the meaning, they will push the market to like 7 and come for offer and before u know it after the ts, the price will be 12-15 before it crashes.
Trust Nigerians. I used to read the mag and i have sent them mail to prove the veracity of their assertion and i HOPE TO POST THEIR REPLY.

[Tijani]

Thanks for this thread. please lets keep it alive.

i wonder how and when they expect Transcorp to get to N10 with the present challenges the company is faced with. Did they give any basis for these predictions?

[El-Kayode]

Originally Posted by olusolakemmy

please does this magazine have feedback segment, where they expect readers to ask question?
if they do, pls kindly ask what are the basis for their judgement.

Thanks Kemmy, I got their feedback ad. it's business360_publication@yahoo.com. I will send them a mail straight away.

[prof]

Please what is the price predictions on Dangote Sugar and Dangote Flour?

[riskreturn]

With all sense of humility, I still stand by my earlier suggestion (made some months ago) that a suitable approach in determining stocks to buy is to identify those that are common to many analysts' buy recommendation lists. There, I posted the Proshare website address where some analysts' recommendations can be found (which is: Proshare Blog » Stock Recommendations) as well as some brokers' websites that show their buy recommendations (including :::::::::::MERISTEM |Stock Recommendation::::::::::::: as well as FSDH Securities Limited). This can, of course, be augmented with the one that has been under discussion since yesterday, for a more balanced perception. But major reliance should not be put on just a particular recommended buy list, as this would be fraught with danger.

[El-Kayode]

Originally Posted by riskreturn

With all sense of humility, I still stand by my earlier suggestion (made some months ago) that a suitable approach in determining stocks to buy is to identify those that are common to many analysts' buy recommendation lists. There, I posted the Proshare website address where some analysts' recommendations can be found (which is: Proshare Blog » Stock Recommendations) as well as some brokers' websites that show their buy recommendations (including :::::::::::MERISTEM |Stock Recommendation::::::::::::: as well as FSDH Securities Limited). This can, of course, be augmented with the one that has been under discussion since yesterday, for a more balanced perception. But major reliance should not be put on just a particular recommended buy list, as this would be fraught with danger.

I quite agree with you. That was the reason I posted it in the first place so as to educate, compare and contrast. I knew by the time I post it, my senior colleagues in the house might have other info, which could help. Thanks for coming up with other list. Let's keep analysing.

Happy Investing!

[tunery]

I commend your effort no doubt. However I have seen that even the experts are biased in their analysis and I am convinced that people produce such lisrs for interesting reasons. Many for instance had seen OANDO as a sell stock when the price got to =N=150 but here we are with the =N=6 diividend and 1 for 5 bonus. When I bought Japaul @ 0.90K last year, a broker friend thought I was a bit out crazy. I have numerous examples like that.
All I have to say is this anyone buying stocks should ask him/herself what are his/her investment goals, be willing to get some information of the coy he/she is buying to and be at alert

[nwoyearoh]

Originally Posted by BLUEMONEY

while this is a very welcome development, you must understand that most of these firms out there that recommend stocks to people have already taken positions in this stocks and will offload immediately there is an increase in the prices of this stock. the list of stocks posted by this firm is very interesting. they are recommending okitipupa oil. my question to them is that when was the last time this company released thier financials to the stock exchange ????. as far as i am aware this company may be among those that will be delisted very soon due to the fact that they have not been proactive for years. like i said ealier, it is a welcome development so we should try and keep this thread active so that members will not buy stocks like okitipupa oil.

Bluemoney is correct; at least six of the recommended stocks were delisted yesterday (24Apr2008). It is paramount that one puts his/her hard earned money where they have done commensurate researches/analyses - otherwise invest in managed Funds, and be satisfied what what the money people decide to give you.

[riskreturn]

Originally Posted by tunery

I commend your effort no doubt. However I have seen that even the experts are biased in their analysis and I am convinced that people produce such lisrs for interesting reasons. Many for instance had seen OANDO as a sell stock when the price got to =N=150 but here we are with the =N=6 diividend and 1 for 5 bonus. When I bought Japaul @ 0.90K last year, a broker friend thought I was a bit out crazy. I have numerous examples like that.
All I have to say is this anyone buying stocks should ask him/herself what are his/her investment goals, be willing to get some information of the coy he/she is buying to and be at alert

While I do not want to hold brief for the stock market analysts, we should bear in mind that what they recommend are not claimed to be foolproof. They are based on assumptions that may eventually not hold. It is not all the time (or even most of the instances) that they recommend out of vested interests. If they have a perfect knowledge of the future stock performances, they would not be analysts in the first place, as they would have made trillions of Naira through perfect knowledge-based stock market transactions on their own accounts that they would need not bother themselves with being stock analysts. Much of stock market prediction is guess work, we have to bear that in mind, just as we should bear in mind that stock recommendation for a short-term speculator may not suit long-term investors and it is difficult to produce a stock buy/sell list suitable to the circumstances of all individuals. That is why different analysts have diferent stock buy/sell lists. That is also athe reason why we do not have to rely on a particular stock buy/sell list but to examine many of them and pick the stocks that are common to all/most/many of their buy/sell lists in reaching a decision.

[El-Kayode]

Originally Posted by riskreturn

While I do not want to hold brief for the stock market analysts, we should bear in mind that what they recommend are not claimed to be foolproof. They are based on assumptions that may eventually not hold. It is not all the time (or even most of the instances) that they recommend out of vested interests. If they have a perfect knowledge of the future stock performances, they would not be analysts in the first place, as they would have made trillions of Naira through perfect knowledge-based stock market transactions on their own accounts that they would need not bother themselves with being stock analysts. Much of stock market prediction is guess work, we have to bear that in mind, just as we should bear in mind that stock recommendation for a short-term speculator may not suit long-term investors and it is difficult to produce a stock buy/sell list suitable to the circumstances of all individuals. That is why different analysts have diferent stock buy/sell lists. That is also athe reason why we do not have to rely on a particular stock buy/sell list but to examine many of them and pick the stocks that are common to all/most/many of their buy/sell lists in reaching a decision.

I will want to humbly disagree with you on your statement "If they have a perfect knowledge of the future stock performances, they would not be analysts in the first place, as they would have made trillions of Naira through perfect knowledge-based stock market transactions on their own accounts that they would need not bother themselves with being stock analysts."

To some, it's simply about a vision. Some might not have made the billions. yet they have first hand info, which they would feel should be shared; but some would think of themselves first. Well, I am one of that kind of persons who will want to add value to other people's lives. I think Life should not be for Me, Myself and I. Although I have not made the billion yet, but I have started educating people on the need to invest.

I think everybody investing in Stocks is a speculator.

Cheers.

Happy Investing