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Showing posts from October, 2018

Investdata Daily Sentiment Report

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NSEASI buy 45% sell 55% volume index 1.37 MFI 69.12 Access buy 0% MFI 27.74 Aiico buy 💯 volume index 1.70 MFI 37.85 Dangote Cement buy 52% sell 48% volume index 7.74 MFI 66.17 Dangote flour buy 0% volume index 3.41 MFI 24.95 Diamond buy 94% sell 6% volume index 1.88 MFI 73.04 ETI buy 0% volume index 2.59 MFI 32.72 Fbnh buy 5% sell 95% volume index 1.66 MFI 45.66 Fcmb buy 0% volume index 1.65 MFI 14.22 Fidelity buy 75% sell 25% MFI 69.47 GT buy 0% volume index 2.57 MFI 52.37 Hony flour buy 0% volume index 0.83 MFI 24.53 Jaiz buy 0% volume index 0.81 MFI 16.40 Japaul buy 💯 volume index 2.83 MFI 42.56 Lvstk buy 0% volume index 0.92 MFI 69.51 Nascon buy 0% MFI 76.03 Nestle buy 0% volume index 1.10 MFI 69.65 Oando buy 0% MFI 55.63 Transcorp buy 80% sell 20% volume index 0.96 MFI 65.81 Uacn buy 💯 volume index 2.34 MFI 89.54 Uba buy 0% MFI 17.47 Unity buy 0% volume index 3.72 MFI 23.05 Wapco buy 0% volume index 1.08 MFI 7.01 Wapic buy 0% volume index 1.47 MFI 83.4...

RECENT TOPS AND EXPECTED BREAKOUT IN THE NIGERIA STOCK EXCHANGE

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Will Your 2019 Investment Plan Succeed by Accident?

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If you insist on leaving your fate to the gods, then the gods will repay your weakness by having a grin or two at your expense. Should you fail to pilot your own ship, don't be surprised at what inappropriate port you will find yourself docked. Serious investors refuse to let go their quest for financial freedom either in a bull or bear market. They chew on it just as a dog chews on the same old bone for hours. Just as a dog guards the bones safely when not actively chewing it, serious investors nurture their investments against all odds in the market. That is, they follow instructions of the expert to know exactly when to take action on the market. However, the true mark of a serious investor are. 1. An ability to sense which stocks are like to yield the best ROI when the real bull market is commencing. 2. Your confidence that you will definitely make a difference in the market. 3. A rugged persistence that will keep you going when others would give up. Hence, you...

Investdata Daily Sentiment Report

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NSEASI buy 99% sell 1% MFI 67.49 Access buy 50% sell 50% MFI 26.18 Aiico buy 0% volume index 3.27 MFI 25.39 Dangote Cement buy 💯 volume index 3.27 MFI 54.82' Dangote flour buy 0% volume index 0.85 MFI 43.78 Diamond buy 0% volume index 1.32 MFI 73.59 Fbnh buy 67% sell 33% volume index 1.47 MFI 43.65 Fcmb buy 0% MFI 15.84 Fidelity buy 25% sell 75% volume index 0.73 MFI 72.68 Fmn buy 0% MFI 41.10 GT buy 💯 volume index 1.33 MFI 41.80 Hony flour buy 💯 MFI 25.06 Stanbic buy 💯 volume index 1.48 MFI 72.38 Sterling buy 💯 MFI 15.07 Transcorp buy 50% sell 50% MFI 65.52 Uacn buy 0% MFI 79.70 Uba buy 💯 MFI 18.39 Wapic buy 💯 volume index 1.05 MFI 83.01 Wema buy 0% volume index 0.77 MFI 65.46 Zenith buy 90% sell 10% volume index 1.52 MFI 46.88

Transcorp: Beat Market Expectations, Sustains Q3 Earnings Up Trend

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There is no doubt that capacity building efforts and continued investment by Transnational Corporation of Nigeria (Transcorp) group in the recent past have started yielding results as reflected in its recently released full-year 2017, and quarterly earnings reports released so far. This was further demonstrated significantly by numbers contained in its unaudited financials for the nine months ended September 31, 2018, which was once again boosted by the increased capacity in the power and hospitality business segments. Transcorp Power Limited expanded generation capacity from 505 megawatts to 701mw, and hopes to further raise it to 800mw and ultimately supply 25% of Nigeria’s power needs. Also, Transcorp Hilton is banking on increased patronage, a result of which it recently invested about $100m on infrastructure upgrade to position ahead of the ongoing political season, leading to May 29, 2019. It may not be surprising in the midst of such ambitious...

NGSE Indicators Soar, Investors Upbeat, Despite Poor Showing By Late Filers

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Market Update for October 29, 2018 Monday’s was a strong volatile session on the Nigerian Stock Exchange (NSE), as the week started positive, while extending three consecutive days of uptrend as more companies hastened to release their quarterly earnings reports ahead of midweek’s statutory deadline for submission of quarterly filings for the period ended September 30, 2018. The numbers filed during Monday’s trading session showed mixed in performance, even as they came well below market expectations, especially the scorecards from bellwether stock- Nigerian Breweries, and Aiico Insurance, which further confirmed the impact of weak economic activities and dwindling productivity in the nation. Market indices opened on the downside in the morning, oscillating up and down until midday, when it bounced up significantly by afternoon on the strength of price appreciations of high cap stocks in the banking and Industrial Goods sectors. The benchmark NSE...

Guinness Nig: Healthy Financials, Weak Ratios, Safe For Long-Term Outlook

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Company: GUINNESS NIG. PLC Rating: Hold Current Market Price at Earnings Release: N80.50 Intrinsic Value: N57.96 Latest Cash Div: N1.84 By: Jeariogbe Tunde Segun (Equity Analyst) Key Financial Tickers • This report considered the financial performance indices of Guinness Nigeria Plc for the full-year ended June 30, 2018, compared with figures for corresponding period of 2017. • Note the increase in shares outstanding within the two periods compared in this report. • Recall that Guinness Nigeria undertook a rights issue of 684,494,631 ordinary shares of 50k each at N58 per share on the basis of five new units for every 11 held as at the close of business on March 15, 2017. • At the end of the offer, the issue was oversubscribed by 116%. Based on this, at listing of the rights issue, the company’s share outstanding rose from 1,505,888,188 shares to 2,190,382,819 units. The new shares arising were subsequently listed on the Nigerian Stock Exchange (NSE) in October 20...

YOUR TRADING PLAN IS ESSENTIAL

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What is the first thing that you do when you want something with an intense desire? When you want it so bad you can taste it? When you can feel the desire in your bones? When you’re driven by a desire that leaves you hungry for it? With this kind of emotionally passionate focus, you automatically begin to think about “how” you can get it. In other words you begin to plan. The “how” or “plan” charts the way to achieving the desired item…no matter what it is and no matter how small or large. Planning is essential to the process of achievement and without it you would come as close to accomplishing the goal as you would if you were to be blindfolded and spun around and given a bow and arrow to hit a bullseye 100 yards away. Trading requires planning at both the macro level (the big picture) and the micro level (the small picture or plan for every trade). Now, many of you reading this article are trading without a plan. That’s very unfortunate … for you! If you don’t have a macro...