Hi there,
It’s been a while. I’ve been so neck-deep in work at the office and have not been able to update you as I should. Without wasting any more of your time, let me ask: Did you buy the shares of Japaul Oil from the secondary market as advised? If you didn’t, did you buy the public offer? I hope you didn’t miss that great opportunity?
Yes, Japaul was on public offer, and it has just been recently concluded. Remember I told you they were on technical suspension at N6.02, because they were coming out? Well, they came out and sold at N3.50 rights issue (for present shareholders) and N3.95 for non-shareholders. Hmm! Believe it or not Japaul is a one-man company, owned by a certain Jegede Paul but this man has promised to give the banks a run for their money, as he aims at seeing the share price reach the N20 mark soon. Could this be true? I guess, we’ll just have to watch and see. However, the stock has been living beyond expectation and has been on the rise.
Early this year, Japaul was about N1.90. By my calculations, it shows that the share price has gone up times 3.5, as it is now N6.30 i.e. those who invested in it then, would have made a profit of almost 350%. In essence, someone who bought 100, 000 units of Japaul shares at N190, 000 would sell that same number of shares for N602, 000 and ofcourse the person that invested N1.9m, would be smiling to the bank with N6.2m after he must have sold them, just within one year. Talk about a great investment.
Okay, what next? I promised to feed you with details of stocks to watch out for. Here they are:
Flour Mills’ BAGCO SUPER BAG: This is a very good public offer at N3.90. Remember, cement companies pack their cements with Bagco super bag. I’m sure we all remember the Burham cement advert.
Stocks within the INSURANCE sector: Right now, it’s compulsory to insure your car and your house. It is also mandatory for employees to insure their staff i.e. NSITF scheme. My source tells me you should look to buy into insurance companies like: NEM, Lasaco and Great Nigeria Insurance (GNI).
Also, as you might have noticed that the business of LEASING is quietly but gradually taking shape in Nigeria. More and more people are looking towards leasing to equip themselves with the necessities of lives without having to cough out too much at once. People lease things such as land, car, generator, TV, office equipments e.t.c. For now, the only leasing company on the NSE is C & I leasing and it’s a good penny stock company to invest in.
Remember, this is just privileged information which should serve as a guide and not a guarantee. You need to do your research on these and watch out for any impacting news on any of these companies before you plunge in your money. Actually, doing the above, reading books and attending financial seminars would help develop your financial IQ and make you financially intelligent.
Till then,
Passionately committed to raising you to great financial heights,
Derin
Friday, 7 December 2007
Thursday, 20 September 2007
Penny Stocking your way to Financial Freedom
If you are someone who follows the stock market news, one thing would have occurred to you, like it has occurred to me, every authority in the stock market field is talking about Penny Stocks.
Another thing that has also occurred to me is the fact that many people do not know what penny stocks are all about and the few that know have been silently smiling to the bank with the profits made from these stocks.
So, what are Penny Stocks?
Penny stocks are majorly stocks that are N5.00 and below. However, a few of those above N5.00 can also be referred to as penny stocks i.e. Japaul Oil, which is now on technical suspension at N6.02, as a result of its forthcoming public offer.
These stocks have the tendency to rise faster than Blue Chip companies while also giving the investor a higher percentage in profit. For example, if you bought ABC Penny Stock company at N2.00 and sold at N7.00, you would have made 350% profit whereas, if you bought Blue Chip company XYZ at N18.00 and sold at N31.50, you would have made only 175% profit. That's the beauty of investing in penny stocks, you buy almost extremely low and sell moderately high and coupled with this is the fact that you can start with as low as N10,000 and if you can afford more, the better for you.
However, to trade penny stocks you have to open a CSCS account through your stockbroker, pay some money with which you instruct them to buy a particular stock for you from the secondary market, which means, it's not an initial public offer(IPO), public offer(PO), rights issue or private placement.
You also have a part to play, for, apart from God, every man is responsible for his own success. As such, you would need to watch the stock market price / table, so, that you would know when to instruct your broker to sell i.e when it has made considerable profit, which is usually a pre-determined decision. Your broker would never sell your stocks without your permission, so, you have to actively monitor the stock table. As the saying goes, "where a man's treasure is, his heart is".
I did mention above that selling is usually a pre-determined decision. Yes, you would need to plan your exit point/price and stick to it. Greed must not play a part here, remember, "little drops of water, make a mighty ocean". Asides that, penny stocks are best traded on a short to medium term period.
I am not claiming to be a stock market guru or a professional on penny stocks, far from it but I keep my ears close to the ground while also doing a lot of reading and research. Hence, all my tips are purely based on any information gathered and/or knowledge gained in the process.
So, what are the stocks to watch out for? That would be for my next post, but till then, take this and run with it:-
--- Although on technical suspension(i.e.put on hold at a particular price in the stock exchange, as a result of a forthcoming public offer), Japaul Oil is a very good stock to buy now, if it is still available and you can get it because in the very near future, talking about months, while others are waiting for their certificates from the public offer, you would be reaping bountifully and smiling to the Bank.
For more on Penny Stocks to invest in, keep a date with this blog and if you have any concerns or enquiries, do leave a comment.
Passionately committed to raising YOU to great financial heights,
Derin
Another thing that has also occurred to me is the fact that many people do not know what penny stocks are all about and the few that know have been silently smiling to the bank with the profits made from these stocks.
So, what are Penny Stocks?
Penny stocks are majorly stocks that are N5.00 and below. However, a few of those above N5.00 can also be referred to as penny stocks i.e. Japaul Oil, which is now on technical suspension at N6.02, as a result of its forthcoming public offer.
These stocks have the tendency to rise faster than Blue Chip companies while also giving the investor a higher percentage in profit. For example, if you bought ABC Penny Stock company at N2.00 and sold at N7.00, you would have made 350% profit whereas, if you bought Blue Chip company XYZ at N18.00 and sold at N31.50, you would have made only 175% profit. That's the beauty of investing in penny stocks, you buy almost extremely low and sell moderately high and coupled with this is the fact that you can start with as low as N10,000 and if you can afford more, the better for you.
However, to trade penny stocks you have to open a CSCS account through your stockbroker, pay some money with which you instruct them to buy a particular stock for you from the secondary market, which means, it's not an initial public offer(IPO), public offer(PO), rights issue or private placement.
You also have a part to play, for, apart from God, every man is responsible for his own success. As such, you would need to watch the stock market price / table, so, that you would know when to instruct your broker to sell i.e when it has made considerable profit, which is usually a pre-determined decision. Your broker would never sell your stocks without your permission, so, you have to actively monitor the stock table. As the saying goes, "where a man's treasure is, his heart is".
I did mention above that selling is usually a pre-determined decision. Yes, you would need to plan your exit point/price and stick to it. Greed must not play a part here, remember, "little drops of water, make a mighty ocean". Asides that, penny stocks are best traded on a short to medium term period.
I am not claiming to be a stock market guru or a professional on penny stocks, far from it but I keep my ears close to the ground while also doing a lot of reading and research. Hence, all my tips are purely based on any information gathered and/or knowledge gained in the process.
So, what are the stocks to watch out for? That would be for my next post, but till then, take this and run with it:-
--- Although on technical suspension(i.e.put on hold at a particular price in the stock exchange, as a result of a forthcoming public offer), Japaul Oil is a very good stock to buy now, if it is still available and you can get it because in the very near future, talking about months, while others are waiting for their certificates from the public offer, you would be reaping bountifully and smiling to the Bank.
For more on Penny Stocks to invest in, keep a date with this blog and if you have any concerns or enquiries, do leave a comment.
Passionately committed to raising YOU to great financial heights,
Derin
Thursday, 30 August 2007
Opportunities! Opportunities!! Opportunities!!!
When you look around you, what do you see? Opportunities, Discouragement or Obstacles?
I hope you see opportunities, because when I look around me, I see Opportunities. Opportunities abound everywhere, within the neighbourhood, on the streets, in your place of work, on the internet e.t.c.
Look and listen and you would see a need to fill and hear the call to render service. Your internet aircard is struggling to give you access, so, you decide to drive down the neighbourhood to any cybercafe and make use of that, but lo, to your amazement, there isn't any. That's an opportunity. Always search around for opportunities, they are everywhere and anywhere. No place is too small or too large. When you are walking down the road and encounter an incident, look deeper and you would see an opportunity to render a service that would solve people's problems.
When you are having a conversation with someone, discussing almost all the topics you can think of, listen and you would hear the call to render service. When you are reading, be it an article in a newspaper or magazine, on the web or on a blog, search deeper, you would see or hear. In rendering a service or hearing and heeding to a call to render service, you are on a sure path to financial freedom.
Derin
I hope you see opportunities, because when I look around me, I see Opportunities. Opportunities abound everywhere, within the neighbourhood, on the streets, in your place of work, on the internet e.t.c.
Look and listen and you would see a need to fill and hear the call to render service. Your internet aircard is struggling to give you access, so, you decide to drive down the neighbourhood to any cybercafe and make use of that, but lo, to your amazement, there isn't any. That's an opportunity. Always search around for opportunities, they are everywhere and anywhere. No place is too small or too large. When you are walking down the road and encounter an incident, look deeper and you would see an opportunity to render a service that would solve people's problems.
When you are having a conversation with someone, discussing almost all the topics you can think of, listen and you would hear the call to render service. When you are reading, be it an article in a newspaper or magazine, on the web or on a blog, search deeper, you would see or hear. In rendering a service or hearing and heeding to a call to render service, you are on a sure path to financial freedom.
I have heard, seen and heeded the call and I would like to share this amazing opportunity to heed a call and be financially free with you. It's the call to render service as a Marketing Consultant to a travel company and earn minimum of $10,000 over and over again. It's legitimate and simply wonderful.
Visit www.getawayclub.net/LadyD for all the details or contact: dayreen@gmail.com or 08034920109.
Passionately committed to raising YOU to great financial heights,Derin
WELCOME ON BOARD!
The mission of this blog is to help raise millionaires that would impact their community.
Day after day, you can visit 'The Money and Investment Ideas Place' to feed on all forms of financial information, money making ideas, investment tips and business and investment opportunities. This site is determined to keep you up to date on information that would liberate you financially. The objective is to equip men and women with information that would make them rise up to great financial heights; as I believe that we all have the God-given potential and opportunity to be wealthy… really wealthy.
Being Wealthy, as we know is greater than being rich. Being rich is about having loads of money; however, being wealthy is not just about having money it's about being financially intelligent. Knowing that the true essence of money is not to have and hold, but to have and give. For, that's the only way we can be blessings to our community and impact our generation.
So, join me as we travel down this road to becoming wealthy and as you read from the posts, don’t forget to drop your comments and share any ideas you might have for others to learn from.
Passionately committed to raising YOU to great financial heights,
Derin
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