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Showing posts from February, 2021

NGSE Poised For Fresh Inflows With Div Yield, As Oil Forecast To Hit $100/b In Cycle

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Market Update for February 24 It was a mixed and very volatile session at midweek’s trading, as stock prices sustained the seeming rebound for the second consecutive session on an above average traded volume, signalling the gradual return of investors to the market. This was revealed by the money flow index reading 17.64 points from the previous session 9.35points, indicating that funds entered the market, even as rising yields in the fixed income market remain a threat to the equity segment. Rates in that segment of the financial market, as shown in the just concluded Treasury Bills primary market auction at the midweek, which sustained upward momentum across all tenors. Rates of one-year bills increased to 5.5% from the previous auction rate of 4%, even as there was no redemption of maturing bills at the end of the auction. This should guide you to target stocks with dividend yield of 7.5% and above for short period, since the equity market remains the best window for hedging against

Mixed Trend May Linger Yet, As Bargain Hunters Position On Sustained Pullbacks

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  Market Update for February 25 Profit taking resurfaced on the Nigerian Stock Exchange, Thursday, halting two successive sessions of bull transition on settlements for the improved rates at this week’s Treasury Bills primary auction which competed for investible funds. These happened in the midst of earnings expectations and portfolio realignments on the equities’ side for end-of the month as the market enters the peak of its earnings reporting season.   Players should therefore be on the lookout, as more companies expectedly roll in their 2020 financials, giving the market an upward push or downward pull, depending on the strength of these numbers. With the pullbacks impacting positively on dividend yields, income investors should target ‘stocks with dividend yield of 7.5% and above in the short term, since the equity market remains the best window for hedging against the nation’s spiralling inflation.  Despite, the seeming profit booking across many of the sectors, these corrections

Sentiment Report for February 24, 2021

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  NSEASI buy 47% sell 53% volume index 0.86 MFI 17.64 Access buy 80% sell 20% volume index 1.07 MFI 41.68 Afrprud buy 0% volume index 2.18 MFI 30.22 Aiico buy 💯 volume index 0.85 MFI 37.32 Chams buy 0% volume index 0.74 MFI 33.07 Dangsugar buy 50% sell 50% volume index 0.87 MFI 32.48 Fbnh buy 💯 MFI 54.27 Fidelity buy 0% MFI 42.91 Fmn buy 77% sell 23% volume index 1.44 MFI 27.16 GT buy 12% sell 88% volume index 1.71 MFI 58.87 Honyflour buy 💯 MFI 45.29 Jagold buy 💯 MFI 56.87 Lvstk buy 88% sell 12% volume index 0.93 MFI 62.82 Mansard buy 50% sell 50% volume index 0.76 MFI 22.73 Mben buy 67% sell 33% volume index 1.17 MFI 60.26 Nem buy 0% volume index 1.05 MFI 21.15 Oando buy 💯 volume index 2.82 MFI 72.48 Regalins buy 💯 MFI 38.79 Royalex buy 💯 MFI 28.75 Sovrenins buy 💯 volume index 2.75 MFI 72.43 Sterling buy 💯 MFI 47.19 Transcorp buy 💯 MFI 29.36 Uacp buy 0% volume index 1.09 MFI 75.62 Uba buy 80% sell 20% MFI 53.24 Ubn buy 0% MFI 49.63 Ucap buy 💯 volume index 1.69 MFI 58.47 Wap

The Profit Point by OGTV as of 25th Feb 2021

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  Hello Investors and Traders, I just posted The Profit Point by OGTV as of 25/02/2021. Share with me what you think about the video and don't forget to click on subscribe button so that you can be among the first to get the latest update. https://youtu.be/DZq0-os1ZpA Ambrose Omordion

JOIN OUR LIVE COMPREHENSIVE HD VIDEO MEETING FOR INVESTORS AND TRADERS

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Hello Investors and Traders,  Questions and Answers with Ambrose Omordion will hold Saturday 20/02/2021. Time: 12:00noon IT IS ABSOLUTELY FREE Join Zoom Meeting https://us02web.zoom.us/j/88502610563?pwd=cWtSOVU4cDJEMzZyczFESlpzdncxQT09 Meeting ID: 885 0261 0563 Passcode: 114180 Ambrose Omordion

Report: Hit By China’s Flu, Nigeria’s Oil/Gas Stocks Face 2020 Full-Year Loss

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As with other sectors of the economy, the year 2020 was unprecedented in the scale and magnitude of economic turbulence both globally and locally, as it affected operators in the Nigerian oil and gas and indeed the energy sector. It commenced with high expectations from the sector having significantly suffered the telling effects of the novel Coronavirus pandemic that rampaged the world economy, forcing most governments to impose lockdown in their frenzied attempts to slow the spread and understand the nature of the virus that killed indiscriminately. Owing to the lockdown, factories and production facilities were shut, local and international movements were restricted to essentials only, hitting global demand for oil hard, as oil price tumbled helplessly below production cost. The drop first induced a reduction in the price of petroleum products across the country, with the Nigerian government taking advantage of the situation to deregulate the sector, especially by putting an end to

Questions and Answers with Ambrose Omordion as at 20th Feb 2021

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  Hello Investors and Traders, I just posted Questions and Answers with Ambrose Omordion replay as of 20/02/2021. Click on the below link to watch Now.  Don't forget to share with me what you think about the analysis. Also, click on subscribe button so that you can be among the first to get the latest update.  https://www.youtube.com/watch?v=xuwv5LeTVLE&feature=youtu.be Ambrose Omordio

Mixed Week Ahead As Investors Reposition Portfolios Ahead Of Earnings Season, Div

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Market Update for the Week Ended February 19 and Outlook for February 22-26 The bearish trend on the Nigerian Stock Exchange continued for the third consecutive week on a reducing momentum as revealed by low volume traded for the period under review, an indication of weakness and illiquidity. These suggest that smart money activities might trigger reversal of trend or continuation of the prevailing correction soon. There is also the continued selloff in the market occasioned by the liquidity crisis arising from marginal improvements in fixed income market yields, as market players prioritize their risk levels to reposition their portfolios as the earnings season enters into its peak period. However, the persistent pullbacks in the market have made the dividend yields of many companies attractive and better than the seeming yields in Treasury Bills and bonds. This is especially as those of stocks with high payouts remain high and better than what other investment windows are offering re