Invest Data Consulting Ltd

https://investdata.com.ng/corporate-actions-on-ngse-as-of-friday-august-28-2020/

Hello Investors and Traders,  Here is this week's video on Profit point. Please click on link below to view.  In addition, don't forget to subscribe to my channel so that you can be among the first to get updates of subsequent videos. https://youtu.be/5PT7hEmc1eE

NSEASI buy 88% sell 12% volume index 0.80 MFI 65.62 Abc buy 0% volume index 0.85 MFI 56.30 Access buy 60% sell 40% volume index 0.98 MFI 49.72 Afrprud buy 0% MFI 50.00 Aiico buy 50% sell 50% MFI 52.02 Bua buy 💯 MFI 39.65 Cadbury buy 0% MFI 32.60 Cap buy 💯 volume index 0.75 MFI 23.22 Caverton buy 💯 MFI 5.28 Chams buy 50% sell 50% volume index 1.31 MFI 36.24 Chiplc buy 0% MFI 47.03 Cileasing buy 0% MFI 24.75 Corner buy 0% volume index 1.78 MFI 68.27 Custodian buy 0% volume index 1.86 MFI 34.72 Cutix buy 0% MFI 67.18 Dangcem buy 0% MFI 61.90 Eti buy 0% volume index 1.38 MFI 26.14 Fbnh buy 33% sell 67% MFI 34.22 Fcmb buy 💯 MFI 60.73 Fidelity buy 50% sell 50% volume index 0.85 MFI 53.33 Fidson buy 0% MFI 70.21 Fmn buy 43% sell 57% volume index 0.82 MFI 25.92 GT buy 💯 MFI 62.97 Honyflour buy 50% sell 50% volume index 1.15 MFI 55.82 Jaiz buy 17% sell 83% MFI 42.70 Japaul buy 50% sell 50% MFI 57.69 Jberger buy 💯 MFI 37.60 Lasaco buy 0% volume index 1.64 MFI 88.22 Lawunion buy 💯 MFI 27.9

If you are investing in the Nigerian equity market to create/participate in wealth redistribution, you must ignore the downward movements and redirect your attention to sectors, industries, and companies you need to study. I call such companies defensive and growth entities, with strong potential for future growth, regardless of the economic slowdown and the new normal occasioned by the outbreak of the Coronavirus (COVID-19) pandemic and the resultant lockdown to check the spread, a situation that dealt severe blows on economies across the globe. Such stocks are most likely the highly capitalized or the least-talked about companies in the market due to either their prices, dividend payout policies, or by virtue of the sub-sectors where they are listed. But they have prospects due to their bouquet of products and services, shareholding structure, market segments, and market share. Many investors are being tossed up and down by this oscillatory trend, forcing them to exit positions, amid

Market Update for August 24 Equity prices on the Nigerian Stock Exchange (NSE) on Monday closed slightly higher, extending the seemingly bullish trend for the fifth consecutive session, even as it remained weak and mixed, with the composite All-Share index forming a double top that supports profit-taking and pullback, depending on market forces. Although, the recent rally has not reflected on many stocks, the few that recorded gains have equally formed the same double and multiple tops chart pattern with the NSEASI, suggesting a breakout or decline is in the offing.  The earnings reporting season which has supported the market in its bull transition is gradually coming to end with the expectation of half-year scorecards from the first-tier banks any moment from now. These banks would likely declare interim dividends, and this possibility has been factored into the prices before now, meaning that the probability of the stocks rallying when the numbers finally hit the market is slim. Rea

Veteran shareholder activist and co-founder of the Nigerian (now Noble) Shareholders Solidarity Association (NSSA), the premier shareholders’ group in the country, Alhaji Gbadebo Olatokunbo, on Tuesday insisted that the decision of foreign core investors of companies in the country has nothing to do with a vote of confidence in the county or its economy. Reacting to the opening paragraph of the story by investdata.com.ng, titled Heineken B.V Raises Stake In NB, Acquires 7.241m Shares, which detailed how Heineken BV and other insiders of Nigerian Breweries Plc, including its chairman, Chief Kolawole Jamodu, have gradually raised their stakes, Olatokunbo said it may also have nothing to do with buying out minority shareholders after all. In a telephone conversation, he noted that “what Heineken B.V is doing, is what Unilever, Nestle, and Commantoros of Flour Mills, among others are doing.” The question to ask, he stressed, “is why?” Continuing, the activist explained, “now these major sh

Market Update for August 25 Again, the seeming bull trend on the Nigerian Stock Exchange (NSE) continued, with increased gaining momentum on Tuesday, defying the impact of the recently published 2020Q2 showing a 6.1% GDP contraction of 6.1%, resulting from the telling impacts of the Coronavirus pandemic and the oil price plunge. Buying interest in building and construction stocks among investors helped the composite NSE All-Share index to close higher, extending the bull-run for the sixth successive trading session on increased buying pressure and volume traded. We note that the stock market and economy are moving in opposite directions since the outbreak of COVID-19 in March that pushed the market to its 11-year low on panic selloffs before the rebound in April, as foreign investors repositioned their portfolios on low price attractions. The 2019 full-year corporate earnings and payout supported the bull transition before the ongoing half-year earnings reporting season, with companies

Worried by the scarcity of foreign exchange in the country and the telling efforts on the value of the Naira among others, the Central Bank of Nigeria (CBN), on Tuesday directed all banks under its supervision to submit the names, addresses and Bank Verification Numbers (BVN) of exporters who have failed to repatriate their exports proceeds, for further action. The directive issued by the CBN Governor, Godwin Emefiele, during the Bi-monthly virtual meeting of the Bankers’ Committee, comes barely 24 hours after the Bank announced the abolition of third-party “Form M” payment. This followed the adoption of the strategy to discourage over-invoicing, allegedly used by some businesses to fleece the country of foreign exchange. Such companies the CBN noted, are in the habit of opening “Forms M” and routing the payment through a buying company, agent, or other third parties. The statement signed by the CBN’s Director of Trade and Exchange, Dr. Ozoemena Nnaji, had further said the directive wa

Market Update for August 24 Equity prices on the Nigerian Stock Exchange (NSE) on Monday closed slightly higher, extending the seemingly bullish trend for the fifth consecutive session, even as it remained weak and mixed, with the composite All-Share index forming a double top that supports profit-taking and pullback, depending on market forces. Although, the recent rally has not reflected on many stocks, the few that recorded gains have equally formed the same double and multiple tops chart pattern with the NSEASI, suggesting a breakout or decline is in the offing.  The earnings reporting season which has supported the market in its bull transition is gradually coming to end with the expectation of half-year scorecards from the first-tier banks any moment from now. These banks would likely declare interim dividends, and this possibility has been factored into the prices before now, meaning that the probability of the stocks rallying when the numbers finally hit the market is slim. Rea

NSEASI buy 💯 volume index 1.19 MFI 73.85 Access buy 💯 MFI 66.93 Corner buy 💯 volume index 2.43 MFI 95.46 Eti buy 💯 volume index 1.93 MFI 23.27 Fbnh buy 50% sell 50% MFI 32.43 Fcmb buy 💯 MFI 48.88 Fidelity buy 0% MFI 78.63 GT buy 92% sell 8% volume index 0.77 MFI 86.50 Honyflour buy 0% volume index 2.82 MFI 32.61 Japaul buy 💯 MFI 33.09 Lasaco buy 50% sell 50% volume index 1.85 MFI 82.30 Neimeth buy 0% volume index 0.90 MFI 66.25 Npf buy 0% volume index 1.48 MFI 72.97 Presco buy 0% volume index 8.41 MFI 68.43 Pz buy 💯 volume index 3.38 MFI 48.88 Sterling buy 0% MFI 40.61 Transcorp buy 20% sell 80% volume index 5.08 MFI 22.88 Uba buy 33% sell 67% MFI 68.19 Ucap buy 25% sell 75% volume index 1.30 MFI 54.65 Unilever buy 💯 MFI 24.90 Unity buy 💯 volume index 0.78 MFI 51.90 Upl buy 💯 volume index 15.00 MFI 84.34 Wapco buy 0% MFI 25.17 Wapic buy 0% MFI 60.57 Zenith buy 33% sell 67% volume index 2.61 MFI 47.87

Ambrose Here Again, According to Wikipedia, "Commitment is the state or quality of being dedicated to a cause."   So, if you don't commit to anything in life, you will not make a single impact. Such a life will experience nothing less than what Thomas Hobbes call "Nasty, brutish and short" To get to where you are now, , you were committed, to graduate from the university for both bachelor and masters degree and even Phd hummm, you were committed. You were also very committed to your relationship for it to work before leading to marriage. For your marriage to work and have a happy ending, you must be continuously committed to the challenges that come with it.  Similarly, when it comes to your investment, you have to be committed to it too, you have to be committed to the challenges that come with it. Just like marriage, it is a continuous investment of money, time and energy.  Unfortunately, it is part of your life you are less serious about. Instead, you are wai

Market Update for the Week Ended August 21 and Outlook for August 24-28 The Nigerian Stock Exchange (NSE) witnessed a weak and mixed bull-run, closing slightly higher last week on a low traded volume, amid caution by investors and investors to avoid being trapped, especially as the corporate earnings reporting season gradually to an end and all eyes are set on the score-cards of interim dividend paying banks results. Despite the seeming bull transition during the week, profit taking activities hit some sectors and companies as players reduced their exposure or positions ahead of the financials from banks, and increased buying interest in manufacturing stocks which had suffered losses. This was based on their low price attractions and expected impact of the intervention packages by the fiscal and monetary authorities in critical economic sectors to mitigate the effect of the novel Coronavirus outbreak. So far, the half-year numbers released have really lessened the worst fear among inve

Hello Traders and Investors,  Here is another Video on how to profit from the market. Don't forget to click on the subscribe button to be among first to get the latest update.  https://youtu.be/AT7krTeY1nE

NSEASI buy 96% sell 4% volume index 0.70 MFI 67.06 Abc buy 0% volume index 0.75 MFI 60.07 Access buy 💯 volume index 0.86 MFI 68.34 Afrprud buy 💯 MFI 61.76 Aiico buy 33% sell 67% volume index 1.19 MFI 57.72 Ardova buy 0% MFI 31.82 Cap buy 50% sell 50% volume index 7.64 MFI 20.06 Caverton buy 0% MFI 13.97 Chams buy 💯 volume index 1.79 MFI 32.38 Conoil buy 0% MFI 22.62 Corner buy 💯 volume index 0.78 MFI 59.44 Custodian buy 💯 MFI 36.88 Cutix buy 89% sell 11% volume index 2.54 MFI 71.60 Dangcem buy 0% MFI 67.52 Dangsugar buy 67% sell 33% volume index 0.93 MFI 65.84 Eti buy 33% sell 67% volume index 1.29 MFI 38.57 Fbnh buy 33% sell 67% MFI 41.99 Fcmb buy 50% sell 50% MFI 60.18  Fidelity buy 83% sell 17% MFI 59.71 Fidson buy 💯 volume index 0.99 MFI 81.08 Fmn buy 💯 volume index 1.19 MFI 20.62 Glaxo buy 71% sell 29% volume index 1.58 MFI 51.86 GT buy 33% sell 67% MFI 67.79 Honyflour buy 💯 volume index 2.35 MFI 61.59 Jaiz buy 💯 MFI 44.71 Japaul buy 0% volume index 0.90 MFI 56.30 Jberger

Market Update for August 19 The positive sentiment for financial services stocks on the Nigerian Stock Exchange (NSE) at the midweek strengthened the gaining momentum as market players positioned heavily on interim dividend-paying banking stocks as the half-year earnings reporting season gradually winds down on mixed sentiments and low traded volume.  Subsequently, the composite All Share index climbed higher for the second consecutive session, trading above the 20-Day Moving Average on a daily chart, while Money Flow Index read 72.55 points, an indication that funds are entering the market despite the sluggish uptrend.  The seeming resilience on the exchange in recent times resulted from the better-than-expected corporate earnings reports, buying interests in defensive high cap stocks and interim dividend paying equities with yields relatively higher than other investment windows. This is especially as the nation’s rising inflation remains a potent threat to investors’ confidence. Fro

NSEASI buy 37% sell 63% volume index 0.88 MFI 72.55 Access buy 0% volume index 2.61 MFI 66.93 Afrprud buy 💯 volume index 1.33 MFI 79.70 Aiico buy 💯 volume index 1.34 MFI 50.76 Cap buy 0% volume index 7.56 MFI 28.65 Chams buy 0% volume index 1.18 MFI 68.29 Fbnh buy 💯 MFI 36.09 Fidelity buy 50% sell 50% MFI 77.61 Fidson buy 0% volume index 1.43 MFI 87.42 Glaxo buy 0% volume index 2.85 MFI 46.73 GT buy 83% sell 17% MFI 86.35 Japaul buy 0% MFI 26.52 Lasaco buy 0% volume index 3.30 MFI 94.96 Lvstk buy 0% volume index 0.89 MFI 13.55 Mben buy 💯 MFI 52.69 Pz buy 0% volume index 3.72 MFI 37.27 Sterling buy 0% MFI 44.49 Transcorp buy 50% sell 50% volume index 1.43 MFI 26.14 Uacn buy 0% MFI 73.83 Uba buy 💯 volume index 1.19 MFI 84.52 Ucap buy 💯 volume index 1.18 MFI 70.37 Uniondac buy 0% volume index 5.41 MFI 0.00 Upl buy 0% volume index 7.16 MFI 37.34 Zenith buy 💯 volume index 2.17 MFI 41.99

Ambrose Here Again,  Growth = Gain as a result of Sacrifice. It is one of the paradoxes of truth that we gain by giving. Every gain in virtue necessitates some loss. Every achievement in your path means you have given up some habits that are not helpful. If you want to be clothed in a new garment, you must first cast away the old one. That's why it is said that he who finds the truth must sacrifice the false. When it comes to investing in the market and understanding how the dynamics work is through sacrifice. Sacrifice in invest in and using the training Videos, sacrifice in creating more time to understand the market, sacrifice in going the extra mile. Though it comes with pain, you will gain the reward when you start to see the result and thereafter. Due to the physical, emotional, and psychological sacrifices involved in achieving your investment goals, some investors and Traders tend to sit on the fence, prefer the old cloth, and hope things will be fine. I hope you are not on

Tuesday’s was another volatile and mixed session on the Nigerian Stock Exchange, as investors extended the mixed sentiment, halting the bear transition of previous days on a high selling pressure and an above-average traded volume. However, NSE’s key performance All-Share index closed slightly higher with the help of interim dividend paying stocks that inched in value as investors positioned ahead of their half-year audited earnings reports. The nation’s wobbling economic fundamentals in the face of continued policy summersaults, mismatch and the weak reform agenda now shutting foreign and domestic investors out of the economy and the stock market, despite the prevailing huge opportunities due to the low interest rate, among others.  This is just as the gloomy state of the exchange market has further dampened confidence in the system, even when the government says it could appropriate as much as N12.66tr in 2021. As the expected earnings reports of first-tier banks bring the half-year

NSEASI buy 0% volume index 1.33 MFI 67.44 Access buy 67% sell 33% volume index 2.16 MFI 62.62 Aiico buy 0% volume index 2.01 MFI 44.89 Caverton buy 0% volume index 2.36 MFI 61.93 Fbnh buy 💯 volume index 0.73 MFI 33.82 Fcmb buy 0% MFI 46.97 Fidelity buy 💯 volume index 1.40 MFI 72.02 Fmn buy 💯 volume index 2.12 MFI 66.29 GT buy 💯 volume index 1.89 MFI 83.80 Japaul buy 0% volume index 1.77 MFI 24.23 Lasaco buy 💯 volume index 15.76 MFI 94.13 Lvstk buy 0% volume index 0.91 MFI 4.95 Mben buy 0% MFI 69.77 Nahco buy 0% volume index 3.05 MFI 43.62 Oando buy 0% volume index 1.39 MFI 72.62 Sterling buy 75% sell 25% MFI 42.40 Transcorp buy 33% sell 67% volume index 1.41 MFI 22.53 Uacn buy 💯 volume index 1.51 MFI 72.86 Uba buy 💯 MFI 82.66 Ucap buy 💯 volume index 1.01 MFI 69.07 Uniondac buy 0% volume index 5.41 MFI 0.00 Wapco buy 0% MFI 36.08 Wapic buy 0% MFI 65.38 Wema buy 0% volume index 1.87 MFI 36.11 Zenith buy 💯 volume index 2.29 MFI 33.96

Market Update for August 17 Monday’s trading activities on the Nigerian Stock Exchange remained volatile and mixed with the benchmark All Share index closing red again, thereby extending Friday’s negative stance. This is amidst global fears as the coronavirus scourge fuels mixed trend, threatening economic recovery, even as nations relax the lockdowns to allow for productive activities. The nation’s negative macroeconomic indices continue to worsen meanwhile, as revealed by the latest labour market reports estimating underemployment and unemployment rates at 55.7% at half-year 2020; while July consumer price index soared by 12.82%, rising for the 12 consecutive month, from 12.56% in June. These are further manifestations of policy mismatch among government and its economic managers as the economy continues to gasp for breath in the absence of a clear direction and political will to do the needful. The government however continues to borrow, swelling public debt, which many fear has rea