Japaul Oil

[windywendy]

Originally Posted by Soweto

I am still indecisive over the PO, I will buy from the secondary after TS.

Why buy after TS? why not now? The price will most likely be higher after the TS is lifted. If you're looking long term, then simply buy the PO and take advantage of the huge discount.

[easimoni]

Japaul is going to more than double it's outstanding shares with this rights/PO. If they are oversubscribed, it going to triple. With that in mind, the company has to triple PAT just to get abck to where is sits today (PE in the mid-20s)

Buy the PO and stay away from the secondary market until the price starts to adjust. If you buy from the secondary market, you'll be stuck with a stock waiting for the fundamentals to catch up with the price instead of the other way around.

Buy the PO or wait a year.

Wendy, na here you dey? Show up at our usual "joint" once in a while!

[Soweto]

thanks buddy

I will take a position.

[obinnaD]

Please, I have been getting conflicting info.

Please, Is the Japaul Public offer out on sale already? I thought it was shelved till september, but I keep hearing people talk about having bought the PO.

[comuna-amadi]

Thanks for the Info on when this offer would be out. i missed when they came into the market an have some regrets about that. This one willl not pass me by (inshallah) as i will fortify my self for it.

[safire]

i want to invest in japaul shares and fortunately or unfortunatly for me the IPO is about coming out soon,pls i would love to know if i decide to sell this shares in 8months from now is it poosible, i hear because of the IPO i will need to wait for up to a year.pls advice me is it true.

[comuna-amadi]

Japaul shares are worthy of some consideration you may agree. But about whether you will be able to sell in 8 months, it is quite tentative. Usually, it is widely considered/speculated that the certificates (for IPO's) are ready in about 6 months. This is quite a long time to wait the registrars/regulatory bodies should do something but it. But once you get your Certificate (maybe in 6 months or less), you should be able to convert it to CSCS and trade off. But if you ask me,i have not recieved and certificate in up to a year or more than 8 months.

All the best in you final decision.

[chidianosike]

Is Japaul PO selling yet? i'm getting conflicting signals..Is the PO out or not?

[windywendy]

Originally Posted by easimoni

Wendy, na here you dey? Show up at our usual "joint" once in a while!

Ah easimoni, you follow me come here? Anyway, I been dey very busy these days, but I'll show up once in a while

[obinnaD]

Originally Posted by windywendy

Ah easimoni, you follow me come here? Anyway, I been dey very busy these days, but I'll show up once in a while

Windywendy, Congrats oooo. I heard the good news on another forum. I'll wait for you to annouce the great news on SMN

[dotunk]

Originally Posted by obinnaD

Please, I have been getting conflicting info.

Please, Is the Japaul Public offer out on sale already? I thought it was shelved till september, but I keep hearing people talk about having bought the PO.

Japaul is not out yet, its just the completion board meeting that is offer and we already know what price its coming out. its a cool one for those that have rights. but if one as some money, one could but at market price now so that when the offer is over and the price is released, it is bound to go in only one direction....UP.

the offer is most likely to be oversubscribed.

[ABALI]

Q2 RESULTS PAT of 0.184bil AGAINST .053bil last years Q2 a 247.17% Improvement will fool any one. However closer look
at projection for FYE of X2 of Q2 results=0.368bil which against the share base of approx 1.16bil shares gives an EPS of 368/1160 = 0.33 . Based on this, the price of the share is worth approx 0.33 X 20 = 6.6 assuming no bonus speculations! current price is about 6.00. your value should be at about 10% appreciable benefit/interest for this year 2007. If they are able to keep up with at least a 150% increase in PAT each Qtr then expect an EPS next year of 0.5 and possibly a price above 10.00 .
IT LOOKS GOOD FOR LONG TERM BUY AGAINST PROFIT TAKING NEXT YEAR!!!

[RethinK2.0]

@abali
pls where did u see the forecast?

[obinnaD]

Between Japaul PO @ N3.95 and Secondary market purchase @ N6.02, which is more promising, for both short and long terms?

[dannynoko]

Hey, I thought the stock is going to be a good buy either way from IPO or market.Buy from IPO is the chances of the stock dubbling price wise and could get to ten naira but you need to wait for cert, while getting from floor too is not a bad idea if you could get it to buy....stand the chance of disposing once the suspension is removed and stock pick up normally.....I guess either way is a win win.

[dannynoko]

Rethink:

This stock reched 7.50 and above before it was pegged. That tells you the prospect and they have some good fundamental and prospect in the marine biz down there.

[nichobabe81]

Originally Posted by dannynoko

Rethink:

This stock reched 7.50 and above before it was pegged. That tells you the prospect and they have some good fundamental and prospect in the marine biz down there.

Thanks guys i think i will get some from the secondary market for a short term investment.

[solomonikem]

where is the link to the form on japaul plc's PO?