Tuesday, September 29, 2009

other investment options


YES WELCOME TO A BRIGHT NEW DAY. YOU KNOW, LEARNING IS LIMITLESS AND WE CAN LEARN MORE TO IMPROVE ON OUR OPTIONS THAT IS WHY I HAVE ALSO DECIDED TO TALK ABOUT ANOTHER INVESTMENT WHICH IS STILL USEFUL IN THE ENDING HUNGER AS IT HAS TO DO WITH AGRICULTURE. I AM TALKING ABOUT FISH CULTIVATION. WITH AS LOW AS N500,000 YOU CAN HAVE A LARGE FISH FARM WITH SPACES FOR DIFFERENT STAGES. FOR MORE DETAILS CALL IKOYO-EWETO ON +2348063354551. WE WILL TALK MORE ON THIS LATER.

DO YOU KNOW THAT YOU DO NOT NEED TO HAVE A BIG LAND TO CULTIVATE FISH? WITH A SMALL SPACE BEHIND YOUR HOUSE YOU CAN START IT. STATISTICS HAVE SHOWN THAT THOSE WHO EAT MORE OF FISH THAN MEAT APPEAR FRESHER THAN THOSE THAT DO OTHERWISE. SO I KNOW YOU MIGHT THINK BUT I HAVE NEVER FARMED BEFORE, I TELL YOU, THAT IS WHY WE ARE HERE FOR YOU, JUST CALL THE NUMBER ABOVE AND START TALKING.

Tuesday, September 08, 2009

MILITANT-AMNESTY-INVESTMENT

I JUST KEEP WONDERING THE PLAN THE FEDERAL GOVERNMENT OF NIGERIA HAVE IN THE AMNESTY PROGRAM....... YESTERDAY IN YENAGOA BAYELSA STATE, SOME EX-MILITANT TOOK TO THE STREETS AND BARRIGADED THE MAIN ROAD ASKING FOR THEIR PAYMENT. AND POEPLE ORDINARILY WERE SCARED, MOBILE POLICE AND SOLDIERS WERE DEPLOYED TO DIFFERENT STATIONS AND WERE ON PATROL. THEN I STARTED TO ASK WHO IS SUPPOSED TO PAY THESE MILITANTS(EX), AND HOW LONG WILL THEY BE PAID? WHO WILL BE CREATING THE INCOME THAT WILL BE USED TO PAY THEM? WELL THEY FEDERAL GOVERNMENT IS IN ABUJA BUT THESE MILITANTS KNOW THE STATE GOVERNMENT AND WILL DISTURB THE STATE GOVERNMENT UNTIL THEY ARE GIVEN WHAT THEY WERE PROMISED. IS THIS AMNESTY PROPERLY THOUGHT THROUGH OR IT WAS JUST JUMPED INTO?
IF THERE ARE NO PLANS TO MAKE THESE EX-MILITANTS GENERATE WHAT THEY EARN YOU CAN IMAGINE HOW THE RESOURCES OF THE NATION WILL BE REDUCED FOR THIS AMNESTY THING BECAUSE THESE FELLOWS WILL CONTINUE TO ASK FOR MONEY OR DISTRUPT PEACE AND ORDER IN THE CITIES AND IF THEY DO, INVESTORS WILL BE UNSETTLED AND WILL BE SCARED (EVEN IF THE MILITANTS DO NOT ATTACK PRIVATE INDIVIDUALS AND FIRMS) AND IT MIGHT LEAD TO A REDUCED INVESTMENT IN THE AREAS AFFECTED.
THIS IS SIMLAR TO WHAT IS HAPPENING IN THE BANKING INDUSTRY. HAS THE CBN GOVERNOR THOUGHT IT THROUGH BEFORE MAKING EVERYTHING SO PUBLIC? IS HE MAKING SOME INDIVIDUALS LOOK LIKE CRIMINALS AND SOME BUSINESS LOOK UNSTABLE? THE EFFECT IS ALREADY IN THE CAPITAL MARKET, BUT I TELL YOU IT STILL MAKES GOOD STOCKS JUICY.
THE CASHCRAFT REPORT FOR YESTERDAY -
All-Share index declined today by 271.97 basis points to drop by 1.243% as against 1.382% drop
of the previous trading day. Market capitalisation further dipped by N57.760 billion as against
N74.897 billion loss of last Friday trading. The number of stocks that gained declined from 29 of
the last trading day to 19 gainers today while 49 stocks lost and 57 securities repeated their previous trading prices. Ecobank and Spring bank dropped today by 4.97% and 4.94% respectively. It is opined that the drop is most likely to continue until their prices are at par with their contemporaries in the market when they would become attractive for investors.


Banking sector led the transaction volume at the close of trading today with the sector’s transaction volume accounting for 46.54% of the total market volume. The value of the sector’s trading today stood at N1.278 billion, accounting for 71.14% of the total market value. Insurance sector followed suite by trading 32.62% ofthe total market transactions. The heavy volume traded in the banking sector could be traced to the transactions in the shares of Zenith bank plc, Access bank plc, Diamond bank plc and FCMB Plc which traded 40.725 million, 27.271 million, 19.151 million and 14.820 million respectively.

Afribank plc could not resist the bears today, it dropped by 4.87%, Firstinland bank Plc dropped by 4.48%, Union bank plc lost 4.96% while Intercontinental bank plc and Oceanic bank plc successful resisted the bears today. There seems to be reduced Investors’ interest for Seven Up plc and Tripple Gee plc stocks as they could only manage to retain their previous trading prices. Nascon lost maximum today to close at N3.80 inspite of the 11k dividend declared (2.89% dividend yield). However, CCNN enjoyed more buyers’ patronage to gain 4.91% price appreciation; its dividend yield as at today stands at 7.96%

The results of Northern Nigeria Flourmill (NNFM) and Cement Company of Northern Nigeria (CCNN) were released on Friday.
NNFM declared 40k per share and the closure date is 21st September, 2009 and CCNN gave a dividend of 80k per share with the closure of register of 4th of September, 2009. The results of 7UP Plc, Crusader Plc, Nascon plc and Tripple Gee plc had been released with N1.50 dividend bonus of 1;10, 40k dividend and 11k dividend respectively. Their closure dates are 28th September, 2009 and 24th September, 2009, 14th September, 2009 and October 2nd, 2009 respectively.

The outcome of the town hall meeting between the Central bank of Nigeria and Chief Executive Officers of the five bailed out banks, the market operators and stakeholders in the capital market slated for the 16th of September, 2009 is anticipated to stimulate the much needed return of confidence to the market.

WE WANT TO HAVE CONFIDENCE IN THE AMNESTY PROGRAMME BUT IF IT IS HAVING LOGISTICS PROBLEMS THIS EARLY WHAT ARE WE TO EXPECT FROM INVESTORS, FEAR AND MORE FEAR.
MY DEAR READER, DO NOT BE AFRAID OF ALL THESE THINGS BECAUSE THERE ARE STILL FUNDAMENTALLY STRONG COMPANIES AND THIS IS A GOLDEN OPPORTUNITY TO HAVE THEM, EVEN WITH THE FEARS THE LAND STILL REMAINS ATTRACTIVE AND OKAY BECAUSE NO MILITANT CONSIDERS TAKING ANY LAND THINK OF IT. YOU CAN STUDY MORE THROUGH OUR BottomLINE MAGAZINE AVAILABLE FOR YOUR EDUCATION AND PLEASURE.
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Tuesday, September 01, 2009

COURAGE TO INVEST


COURAGE THEY SAY, IS NOT THE ABSENCE OF FEAR, BUT THE WILLINGNESS TO GO ON. YES SOMETIMES WE ARE SO AFRAID THAT WE ALLOW THE FEAR TO TIE US DOWN AND AS SUCH WE LOOSE GREAT OPPORTUNITIES. WE MUST NOT LET OUR FEARS TO TIES US DOWN IF WE WANT TO MOVE AHEAD. LET US SEE THE MARKET REPORT FROM CASHCRAFT FOR YESTERDAY..

At the close of trading today, total number of 180,128,996 units were traded in 5,595 deals
valued at N1.243 billion. The number of securities that gained today rose to 28 from 17 gainers
of Friday. Ten stocks out of the 16 traded in the banking sector lost while only three gained.
Banking, Petroleum and Marketing, Food and Beverages and Breweries sectors contributed
massively to the decline of market indicators while Building and Insurance sectors fared a bit
better. All-share index declined today by 2.13% as against 0.781 of the last trading day,
while market capitalization dipped by N114.80 billion.

The most traded stock for the day was Guaranty Trust Bank which traded 20.432 million, followedby Sterling bank, Continental Insurance, Firstbank and Diamond bank with 16.886 million, 9.850 million, 9.515 million and 9.247 million respectively. Access bank Plc and Rtbriscoe gained the highest Percentage of 4.94%, followed by Maybaker of 4.93%, Flourmill of 4.91% and Continental Insurance of 4.88%. On the decline side, Eternal Oil, Evansmed, Guinness, Mobil, Nigerian Breweries and Nigerian Bottling Company lost maximum of 5% with AP and CAP followed by 4.99%.

The present trend of the market shows that investors have not mustered enough courage to participate in the market, even in those banks that have been audited & cleared and the non-banking stocks,as all of them are still fluctuating. This trend may persist for some time until all is well with the banking industry and a level of stability is attained in the system.

The audited result of Diamond bank plc was released on Friday with a dividend of 9k per share. The closure and payment dates still remain 14th and 28th of September respectively.The dip in the result was as a result of loan loss provision of N24.62 billion as against N4.87 billion provided last year. This result may create a pessimistic stance for the stocks of other banks that have not been audited or that are yet to release their results since it is assumed that all banks have bad loans they would make provision for.


WELL WE CAN SEE THAT IF WE BELIEVE IN THIS COUNTRY AND THAT THIS NATION WE NOT GO INTO EXTINCTION, THEN WE KNOW THAT IT CANNOT SURVIVE WITHOUT THE CAPITAL MARKET SINCE THE MARKET IS THE ENGINE ROOM OF THE ECONOMY. WHAT ALL THESE MEAN IS THAT, THE STOCKS WILL DEFINATELY REBOUND IN PRICE WITH TIME. THE DIFFERENCE BETWEEN HERE AND THERE IS T=TIME. SO TAKE COURAGE MY DEAR FRIENDS, INVEST NOW.


WE ARE AVAILABLE TO HELP YOU IMPROVE YOUR SKILLS BY READING, SUBCRIBE NOW TO BottomLINE NEWSLETTER CALL AKATA ON 08055816625 OR 08037754610 akatamax@yahoo.com, akatamax@hotmail.com. WE STRONGLY BELIEVE THAT IF YOU SUCCEED WE WILL NOT FAIL, LETS US BE PART OF YOUR SUCCESS STORY.