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
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
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