Shares To Buy Now - Page 2

Avocado · #21 (**permalink**) 9th June 2007, 04:01 AM

List of Stockbrokers:

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Geeman · #22 (**permalink**) 11th June 2007, 09:16 PM

Quote:

Originally Posted by aorekoya

Hi All

Japaul Oil is a great buy. The stock is currently trading at N 6.90. It started the year on N1.06. This shows a 551% price appreciation in less than 6 months. The company recently decleared a dividend of 11k per share. The stock is trading at a 12 month trailing EPS of 20K.

If you dont buy it today...you will buy it on Monday at a 5% up. It is not a prophesy...the Fundamentalsspeaks for this stock.

My question is as JAPAUL is coming to the market soon through a PO, is it better to buy now or wait for the PO?

lauchukel · #23 (**permalink**) 11th June 2007, 09:47 PM

Personally I think this is the best time to buy JAPAUL. I recently bought some too. Remember the Oceanic experience, people who bought at 5.3 are extremely pleased with themselves now. I predict Japaul will float POs at N13.50

Apache · #24 (**permalink**) 21st August 2007, 06:38 PM

hey guys,
guess what? i just got info that some new investors are into final stages of buying 60% of Morison Industries.
the new investors are the same guys that bought the household aspect of CAP Plc i.e SARO
this is confirmed info

despi_dynasty · #25 (**permalink**) 11th September 2007, 06:45 AM

Quote:

Originally Posted by dotunk

frisco,

are you new to buying stocks? if so i will advice you start with stable high yeild investments like FBN, UBN, Zenith, GTB, Dangote, etc. otherwise then i will have to say you have to research those companies weel before putting your money into them.

on the personal note, i havn't heard much about those companies in a long time and if there is any serious activity in the stock now, that means some investors have put in some money or the price is moving in sentiment to the bullish trend inthe market.

HI DOTUNK,

THIS YOUR STATEMENT REALLY TOURCHED ME SO MUCH . INFACT IT SEEMS AS IF I'M THE ONE YOU ARE TALKING TO DIRECT.
I HAPPENED TO BE A NEW PERSONEL INTO STOCK AND HAD PASPECTED IN TWO BANK PO.
AFTER I RED ABOUT PENNY STOCKS IN THIS FPRUMN, I BLEMED MYSELY FOR HAVE GOING TO THE ONES THAT ARE MORE EXPENSIVE. I HAVE ALSO PLANED TO MEET A STOCK BROCKE WHO WILL HELP ME SELL THE TWO I HAVE ALREADY AND HELP ME CHANNEL EVERYTHING TO PENNY STOCKS LIKE JAPAUL, CONTINENTAL RE, ETC.
BUT FROM UR STATEMENT, I LEARNT IT IS GOOD FOR NEW BEGINNERS TO ENROLE IN INTO BANK STOCKS FIRST BEFORE DREAMING ABOUT THE PENNY ONES.
IT IS THEN MY OWN OPINION HERE THAT YOU SHOULD PLS THROW MORE LIGHT TO THIS YOUR TALK.
I'LL ALSO LIKKE ANY OTHER PERSON IN THE HOUSE WITH SAME PERSPECTIVE TO COME IN INTO THIS.

MY SINCERE GREETINGS TO EVERY ONE. WE ARE ALL WONDERFUL.

Soweto · #26 (**permalink**) 11th September 2007, 08:14 PM

Quote:

Originally Posted by despi_dynasty

HI DOTUNK,

THIS YOUR STATEMENT REALLY TOURCHED ME SO MUCH . INFACT IT SEEMS AS IF I'M THE ONE YOU ARE TALKING TO DIRECT.
I HAPPENED TO BE A NEW PERSONEL INTO STOCK AND HAD PASPECTED IN TWO BANK PO.
AFTER I RED ABOUT PENNY STOCKS IN THIS FPRUMN, I BLEMED MYSELY FOR HAVE GOING TO THE ONES THAT ARE MORE EXPENSIVE. I HAVE ALSO PLANED TO MEET A STOCK BROCKE WHO WILL HELP ME SELL THE TWO I HAVE ALREADY AND HELP ME CHANNEL EVERYTHING TO PENNY STOCKS LIKE JAPAUL, CONTINENTAL RE, ETC.
BUT FROM UR STATEMENT, I LEARNT IT IS GOOD FOR NEW BEGINNERS TO ENROLE IN INTO BANK STOCKS FIRST BEFORE DREAMING ABOUT THE PENNY ONES.
IT IS THEN MY OWN OPINION HERE THAT YOU SHOULD PLS THROW MORE LIGHT TO THIS YOUR TALK.
I'LL ALSO LIKKE ANY OTHER PERSON IN THE HOUSE WITH SAME PERSPECTIVE TO COME IN INTO THIS.

MY SINCERE GREETINGS TO EVERY ONE. WE ARE ALL WONDERFUL.

Penny stocks are good but I would advise to be careful, rather go for blue chips where the risk is minimal,with time you can trade on penny stocks.
Chances of loosing your money on penny stock is higher than that of blue chips.

gettingalpha · #27 (**permalink**) 26th October 2007, 07:46 AM

Quote:

Originally Posted by lauchukel

Personally I think this is the best time to buy JAPAUL. I recently bought some too. Remember the Oceanic experience, people who bought at 5.3 are extremely pleased with themselves now. I predict Japaul will float POs at N13.50

Hey ppl, I was just looking through some old posts and when I saw this one, I couldnt stop the laughter. I guess he was consulting the wrong babalawo

.

Lauchukel, no hard feelings oh!

Avocado · #28 (**permalink**) 26th October 2007, 09:48 AM

There! Anyone who took the advice to BUY sometime close to 11June2007 should be beating themselves now; if there's a stock split (aka "bonus"), they probably won't benefit. There's nothing wrong with being wrong about a prediction, provided the prediction is based on reasonable data and observations. But you've got to be careful to consider posts such as "Zenith is a N500 stock!", "FIRSTBANK is a N1000 stock!", "Buy Japaul, PO coming out at N60" etc etc... along with spurious comparisons: the poster compared the Oceanic experience with what may happen with Japaul, what's the basis?

As can be seen on the thread on "Mistakes and Experiences", many have learnt things; but to make predictions based on gut-feel? Careful! Buyers Beware.

.

phoneworks · #29 (**permalink**) 26th October 2007, 04:57 PM

Quote:

Originally Posted by paragon

hi there, well your choice of stocks depends on the kind of investor you are. For me, i have decided to focus more on the low priced stocks. My reason is simple-Nigeria is opening up, and sonme of these small companies are doing well due to foreign inmvestment. Also, it is very easy for a N2 stock to double in say 3 weeks, but not that easy for high priced stocks.

Please do not get me wrong, FBN GTB and the rest are good but there are some low priced stocks that are as good. Afterall the big guys were once small. Some include UTC, Cornerstone insurance, AG leventis, first aluminium, Neimetn etc.

buying stocks goes beyond this reasoning. Please I will advice my brother here to do a lot of reading before getting involved it is a business of what you have in your medula. This might be of good help
Investopedia.com - Your Source For Investing Education
enjoy

olusolakemmy · #30 (**permalink**) 26th October 2007, 05:52 PM

investment is far beyond emotions and even opinion based on gut feelings.
but majority of investors/trader still base their decisions on the above factors thats why the informed people make money in the market and others are just participant.
that same thing will come to play, usualy immediately after lifting technical suspension, their will be a form of scarcity and rise in demand, sometime the rise can hit 100%, 200% even 300% as the case may be.
take dunlop for instance, the price was N4, the PO was 2.5, after tech lifting it hit N9! thats 100%, IBTC from N11 to N20, afribank from N11 to N36.
this rise in price following tech suspension is beyond fundamental but simple law of demand and supply.
so am of the opinion that japaul can hit N13 based on market trend and response to stocks placed on technical.

bwalaman · #31 (**permalink**) 27th October 2007, 02:27 AM

I completely agree with Olusolakemmy. Will add the following:

One strategy that has surely worked for me is to ride the market by buying the same number of sharesof a company that I plan to buy during IPO/PO on the secondary market.

This way as the share price rocks (and very few have not- after IPO/PO in the last 2 years), I sell the shares bought on the secondary market before getting the share certificate...

If you deal this way, you easily take out 35-50% of the IPO/PO principle...Believe me, it works!!!

Just wish I had more money, because one needs a lot of spare cash to deal this way...

But then there are some dark horses like the recent IB IPO/PO which is ... a pure gamble- like Dunlop based on its history.

Apache · #32 (**permalink**) 28th October 2007, 09:16 PM

you guys might want to use Nahco as a case study. Close on bids during the tech suspension but hasn't moved forward during after TS was suspended. I guess it has to do with the bear trend

Squid · #33 (**permalink**) 28th October 2007, 10:00 PM

Interesting approach, but one has to be cautious!
Transacorp is another example, crashed from N9.71 to ~N4...

gbolahanoduyiga@yahoo.com · #34 (**permalink**) 18th November 2007, 03:54 AM

can anyone let me know the insruance stock to buy with high return on the short term

and is anyone having info on the allotment of right issue of ccnn and eterna oil

gbolahanoduyiga@yahoo.com · #35 (**permalink**) 18th November 2007, 04:02 AM

is anyone having the knowledge of which insurance stock/penny stock to buy on the short term.anyone with the position of ccnn/eternal oil right offer allotment.

chistock · #36 (**permalink**) 18th November 2007, 05:52 PM

i bought thee neimeth shares last year before i learnt of this site and based on its performance i don't really think its a good buy. pls i need advice on whether or not i shld offload it

nezvest · #37 (**permalink**) 19th November 2007, 04:17 PM

My dear, I bought Neimeth at premium price of about N5 last 5 months to 7 months. I must tell you that Neimeth is a good buy. They have consistently been growing the business in the Pharmaceutical sector but you know that the sector has a general challenge of proliferation of cheap generic drugs from india and china and these companies in this sector really have to compete with a lot of cost with the generic companies. The cost of doing business in nigeria and generic encroachment is making the Pharmaceutical Sector not to grow faster as expected but I must tell you that Neimeth is a Hold for me.

With good management ( peaople like Mazi Ohuabunwa) pioneering the affairs of the company, I am optmistic that soon the picture will change. Check out their second quater report. They are targetting N3b turn over. They might make it.