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Showing posts from April, 2021

Cautious Trading Yet, As Investors, Await Major 2020Q1 Earnings, Data For Market Direction

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  Market Update for April 28 The mixed and volatile trend on the Nigerian Exchange continued at the midweek as the benchmark NGX All-Share index (NGXASI) closed again slightly lower on a less than average traded volume and negative breadth. This indicated profit booking among the four major sectors of the market in the midst of impressive Q1 numbers and expectation of major economic data like 2021 Q1 GDP, April Purchasing Manger Index and others. This was despite the seeming mixed sentiments in the last two trading sessions, the impressive Q1 corporate earnings from United Capital, Fidson Healthcare, Livestock Feeds, Julius Berger, May and Baker, as well as Fidelity Bank, among others. Consequently, with money flow index still looking up at above 60points, and oil price oscillating above $60 per barrel and forecast that it could hit $80pb in the second half of this year, the market is likely to close positively this month and quarter all things being equal. History is about to repeat i

Sentiment Report for April 28, 2021

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  NGX buy 49% sell 51% volume index 0.81 MFI 63.61 Access buy 0% MFI 35.73 Aiico buy 💯 MFI 77.63 Cadbury buy 💯 volume index 2.99 MFI 45.61 Chams buy 0% MFI 21.19 Chiplc buy 💯 volume index 5.58 MFI 15.69 Corner buy 0% volume index 0.93 MFI 51.07 Custodian buy 0% volume index 0.92 MFI 15.22 Eti buy 50% sell 50% volume index 1.39 MFI 82.66 Fbnh buy 50% sell 50% volume index 3.86 MFI 69.00 Fcmb buy 89% sell 11% volume index 3.76 MFI 43.25 Fidelity buy 60% sell 40% MFI 53.50 Ftn buy 0% volume index 4.85 MFI 39.24 GT buy 0% MFI 83.83 Honyflour buy 💯 volume index 0.74 MFI 70.84 Jagold buy 86% sell 14% MFI 19.93 Lvstk buy 💯 volume index 0.71 MFI 34.45 Mansard buy 50% sell 50% MFI 40.10 Mben buy 💯 MFI 21.82 Npf buy 87% sell 13% volume index 3.88 MFI 51.33 Oando buy 0% volume index 1.67 MFI 43.71 Pz buy 0% MFI 77.06 Regalins buy 💯 volume index 0.99 MFI 48.84 Royalex buy 💯 volume index 1.49 MFI 43.36 Sovrenins buy 💯 volume index 4.01 MFI 37.36 Sterling buy 💯 MFI 47.44 Transcorp buy 67%

WORDS TO TRADE BY

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"I think it is possible for ordinary people to choose to be extraordinary." -Elon Musk Ordinary people can be extraordinary; it's just a matter of willpower and determination. Regardless of your background, socio-economic status, or education, you can choose to pursue a life of greatness. That doesn't mean you have to be the next Elon Musk. You can be extraordinary in small ways in your everyday life. Choose to be great. Step away from mediocrity and make incredible things happen with the resources you have!

Expect Realignments On Earnings Inflow, Economic Data, As NGXASI Awaits Next Resistance Level

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Market Update for April 27 It was yet another mixed and volatile Tuesday on Nigerian Exchange (NGX), as the composite All-Share index closed marginally lower on a less than average traded volume, but positive breadth, which halted seven successive sessions of bull-run. This was due to profit-taking by traders in banking stocks, especially those that recently rallied in the midst of earnings season and expectations. The Q1 numbers released so far from the banking sector had been mixed, but investors are traders are eagerly awaiting those of industry leaders such as Zenith Bank, Access Bank, and FBNH to provide a clear direction for the purpose of repositioning. This is especially after Fidelity Bank, became the very first second-tier bank to submit its earnings, beating market expectations, after posting Earnings Per Share of 33 kobo, compared to the previous 20 kobo in 2020. The 64% growth in its profitability level, from a top line of 8% is a good start for the new financial year (REA

Sentiment Report for April 27, 2021

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  NGX buy 60% sell 40% volume index 0.78 MFI 62.48 Access buy 80% sell 20% volume index 3.41 MFI 35.95 Chiplc buy 0% volume index 4.29 MFI 27.95 Fbnh buy 0% MFI 83.97 Fcmb buy 💯 volume index 1.22 MFI 57.92 Fidelity buy 33% sell 67% volume index 1.41 MFI 52.02 Glaxo buy 0% volume index 1.60 MFI 73.45 GT buy 40% sell 60% MFI 85.63 Honyflour buy 0% volume index 0.79 MFI 68.15 Jagold buy 75% sell 25% MFI 21.88 Linkass buy 67% sell 33% MFI 86.85 Lvstk buy 💯 volume index 0.77 MFI 39.99 Mansard buy 20% sell 80% MFI 39.02 Nahco buy 💯 volume index 2.01 MFI 22.98 Nem buy 0% volume index 0.91 MFI 47.77 Oando buy 0% volume index 0.70 MFI 57.68 Prestige buy 💯 volume index 1.33 MFI 80.18 Regalins buy 💯 volume index 2.68 MFI 43.95 Royalex buy 💯 volume index 2.07 MFI 35.59 Sovrenins buy 0% volume index 5.13 MFI 48.48 Transcorp buy 44% sell 56% volume index 1.74 MFI 76.00 Uacp buy 0% MFI 18.60 Uacn buy 0% MFI 86.90 Uba buy 0% MFI 81.30 Ucap buy 50% sell 50% volume index 1.90 MFI 55.39 Unity buy

Investors Realign Portfolios On NGX Ahead Of Major Economic Data, Q1 Earnings

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Market Update for April 26 Trading for last week of April, which is the first month of the second quarter of 2021 started on the Nigerian Stock Exchange (NSE) positive, despite being highly volatile, with a reduced gaining momentum, extending previous week’s bull-run and dominance. This is just as the market entered the peak of the Q1 earnings reporting season in anticipation of major earnings from the banking sector, as well as high cap stocks capable of influencing market performance and movement. The high volume traded at the end of the seven straight trading sessions of bull transition calls for caution, because it may signal profit taking that needs confirmation during Tuesday’s session, as buying interests remain high as revealed by the positive market breadth. Note that recent pullbacks have made the valuation of fundamentally sound stocks attractive, as many now offer a higher margin of safety. This is especially true of companies with high potentials to grow their numbers in t

Sentiment Report for April 26, 2021

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  NGX buy  83% sell 17% volume index 1.03 MFI 60.86 Access buy 50% sell 50% volume index 1.14 MFI 38.06 Aiico buy 💯 volume index 0.98 MFI 75.66 Corner buy 💯 volume index 3.35 MFI 52.53 Courtville buy 0% volume index 1.16 MFI 28.56 Dangsugar buy 💯 MFI 55.62 Eti buy 💯 volume index 1.30 MFI 79.98 Fbnh buy 50% sell 50% volume index 1.46 MFI 80.82 Fcmb buy 💯 volume index 0.84 MFI 39.84 Fidelity buy 75% sell 25% MFI 46.83 GT buy 💯 MFI 82.41 Honyflour buy 💯 volume index 1.42 MFI 68.60 Jagold buy 50% sell 50% volume index 1.47 MFI 29.60 Lasaco buy 💯 volume index 1.15 MFI 80.75 Lvstk buy 💯 MFI 31.85 Mansard buy 0% volume index 3.03 MFI 37.37 Mben buy 33% sell 67% volume index 0.92 MFI 15.36 Nahco buy 88% sell 12% volume index 4.46 MFI 13.58 Pz buy 💯 volume index 1.26 MFI 78.79 Regalins buy 💯 volume index 1.39 MFI 33.17 Royalex buy 💯 volume index 1.27 MFI 37.50 Transcorp buy 💯 volume index 5.46 MFI 62.41 Uacn buy 0% MFI 77.39 Uba buy 50% sell 50% volume index 1.54 MFI 76.48 Ubn buy

Mixed Trend Still, As Investors Position On Q1 Earnings Releases, Fixed Income Yields

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Market Update for the Week Ended April 23 and Outlook for April 26-30 It was a bullish but volatile week on the Nigerian Exchange (NGX), as investors renewed their buying interest across sectors, halting three consecutive weeks of decline, with the benchmark All Share index’s action resisted further decline for two weeks. It formed sideways, or ranging market in the midst of Q1 corporate earnings and economic data releases. The market maintained positive sentiment and momentum on mixed Q1 numbers released so far and low price attraction of fundamentally sound equities with strong potentials to grow their earnings performance this year, as shown by recent scorecards. These, as well as unfolding events in the economy are offering insights as to which sectors and industries to look for early positioning, no minding the rise in fixed income yields, oscillating oil prices, high national debt profile and declining reserve. The lingering volatility in the market at this time is a sign that in

Mixed Trend Ahead, As Investors Await Key Q1 Earnings, Economic Data

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Market Update for April 21 Nigeria’s equity market continued its gaining streak for the fourth day, a direct opposite of its global counterparts that had suffered losses on the back of the increasing number of coronavirus cases and fresh rounds of lockdowns to check the spread and strengthen control measures amidst incidences of vaccine shortages, in the midst of the Q1 earnings season. Midweek’s trading was volatile as investor confidence are being gradually rekindled as more companies release their quarterly scorecards to point direction for the new financial year and reveal economic performance for Q1, while looking forward to 2021 Q1 GDP. The benchmark index NGXASI closed on a positive note, with transaction volume that is less than the average on a narrow positive breadth. The positive sentiment and vibration around the stock market continued at the midweek as revealed by the money flow index and the sentiment report, despite the mixed numbers released so far. For example, the 202

THE BUY AND SELL SIGNAL

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  Hello Investors,  The, buy & sell signal for this week has been posted on the membership site for you. Pls, click on the long link for this week's download. I have added a further twist to it. This includes. 1. Low Priced Stocks to Watch 2. Stocks to lead recovery 3. Defensive Stocks 4. Dividend Stocks with Strong Yields and Fundamentals 5. Stocks to Benefit from Corona Virus-Induced Economic downturn and government Intervention 20  Stocks building the new bullish base However, you need to login on to the membership site before you can have access to it.  Kindly click on the below link now to login with your username and password   http://investdataonline.com/buy-sell-signal/ However, if you have not joined the buying and selling signal membership, kindly indicate your interest so that one of our team members will call you immediately on how to get started immediately To Your Success  Investdata Consulting.  P.S. You need to act fast. You know time to wait for no one.

Sentiment Report for the Week Ended April 23, 2021

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  NGX buy 💯 volume index 0.75 MFI 39.90 Access buy 25% sell 75% volume index volume 1.00 MFI 20.17 Afrprud buy 💯 volume index 0.91 MFI 20.82 Aiico buy 💯 MFI 71.39 Ardova buy 💯 MFI 9.66 Cadbury buy 0% volume index 0.71 MFI 33.00 Caverton buy 59% sell 41% MFI 59.62 Chams buy 💯 MFI 55.33 Conoil buy 💯 volume index 1.05 MFI 21.75 Corner buy 0% volume index 1.11 MFI 46.85 Courtville buy 💯 volume index 1.20 MFI 60.90 Custodian buy 83% sell 17% MFI 68.66 Cutix buy 💯 volume index 2.21 MFI 42.59 Dangsugar buy 92% sell 8% MFI 29.52 Eterna buy 36% sell 64% MFI 86.57 Eti buy 💯 MFI 22.40 Fbnh buy 55% sell 45% volume index 0.71 MFI 55.00 Fcmb buy 82% sell 18% MFI 17.56 Fidelity buy 68% sell 32% volume index 3.41 MFI 24.86 Fidson buy 💯 MFI 48.64 Ftn buy 0% volume index 1.07 MFI 13.60 Glaxo buy 💯 MFI 20.38 GT buy 88% sell 12% volume index 0.99 MFI 54.23 Honyflour buy 64% sell 36% volume index 2.30 MFI 61.64 Jaiz buy 💯 MFI 37.09 Jagold buy 38% sell 62% MFI 13.99 Learn buy 0% volume index 1.4

WORDS TO TRADE BY

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  "No wise pilot, no matter how great his talent and experience, fails to use his checklist." -Charlie Munger If you're serious about trading, you need a good trading plan. You wouldn't trust a pilot who didn't take the necessary steps to make sure his plane was ready for flight. Trying to trade without a proper trade plan is a recipe for disaster. Get your plan together, map out your goals, and start to trade with discipline and strategy. Your bank account will thank you for years to come.

The Profit Point by OGTV as of 22nd April 2021

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Hello Investors and Traders, I just posted The Profit Point by OGTV as of 22/04/2021. Don't forget to share with me what you think about the Video.  Also, Click on subscribe button so that you can be among the first to get the latest update.  https://youtu.be/e0h3cv3UC78 Ambrose Omordion

Sentiment Report for April 21, 2021

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  NSEASI buy 94% sell 6% volume index 0.73 MFI 39.16 Access buy 0% volume index 1.91 MFI 46.47 Afrprud buy 💯 volume index 1.01 MFI 69.13 Caverton buy 💯 volume index 1.39 MFI 2.52 Cutix buy 58% sell 42% volume index 9.09 MFI 30.13 Eterna buy 💯 volume index 1.38 MFI 91.18 Eti buy 0% volume index 1.58 MFI 34.34 Fbnh buy 75% sell 25% MFI 78.34 Fcmb buy 💯 volume index 0.98 MFI 39.13 Fidelity buy 89% sell 11% volume index 0.88 MFI 47.81 Ftn buy 0% volume index 5.43 MFI 31.72 GT buy 💯 MFI 62.75 Honyflour buy 0% volume index 4.18 MFI 77.35 Jaiz buy 💯 MFI 51.29 Jagold buy 50% sell 50% volume index 0.94 MFI 36.16 Lvstk buy 💯 volume index 2.97 MFI 21.23 Mansard buy 💯 MFI 26.29 Maybaker buy 💯 volume index 2.59 MFI 83.99 Mben buy 💯 volume index 1.85 MFI 16.16 Nahco buy 💯 volume index 1.31 MFI 20.15 Nem buy 0% volume index 1.37 MFI 25.63 Npf buy 💯 volume index 6.86 MFI 75.11 Oando buy 0% volume index 0.75 MFI 53.86 Pz buy 💯 volume index 1.23 MFI 86.92 Regalins buy 0% MFI 25.31 Sterling

Mixed Trend, Profit Taking, Realignments, Amidst 2021Q1 Earnings Inflow

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Market Update for April 20 The Nigerian equities’ market continued to rally Tuesday, on the back of the post-March 2021 Consumer Price Index that gave inflation at 18.17%, with the composite All-Share index closing higher on an above-average traded volume and increased buyinginterests in blue chip stocks. These expectedly extended the bull transition for third successive session, so far.    The seeming positive sentiment and momentum around the equity space, despite the galloping inflation and yields in fixed income market, were attributed to bargain hunters taking advantage of the pullbacks and institutional investors repositioning their portfolios ahead of Q1 numbers that kicked off Monday, with Unilever and United Bank for Africa Plc releasing mixed numbers. UBA Plc was the earliest filer for this financial year, with numbers that reveal a strong take-off, as shown in its N1.04 Earnings Per Share, a pace Unilever Nigeria could not match, with its negative N0.09 earnings, despite gro

Sentiment Report for April 20, 2021

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NSEASI buy 94% sell 6% volume index 0.99 MFI 32.02 Access buy 💯 volume index 1.44 MFI  36.84 Afrprud buy 💯 volume index 3.03 MFI 65.87 Aiico buy 💯 MFI 53.16 Chams buy 0% volume index 0.70 MFI 28.58 Dangsugar buy 43% sell 57% MFI 72.57 Eti buy 💯 volume index 2.61 MFI 26.52 Fbnh buy 50% sell 50% volume index 1.10 MFI 82.90 Fidelity buy 💯 volume index 6.53 MFI 45.59 Ftn buy 0% volume index 4.12 MFI 43.62 GT buy 18% sell 82% volume index 0.71 MFI 65.46 Honyflour buy 💯 volume index 5.10 MFI 73.58 Jagold buy 50% sell 50% MFI 37.26 Lvstk buy 57% sell 43% volume index 0.86 MFI 38.84 Mansard buy 67% sell 33% MFI 26.19 Mben buy 0% MFI 19.88 Oando buy 63% sell 37% MFI 48.23 Pz buy 💯 volume index 3.94 MFI 86.00 Regalins buy 💯 volume index 1.55 MFI 25.11 Royalex buy 0% volume index 1.45 MFI 82.99 Sovrenins buy 💯 MFI 51.34 Sterling buy 0% volume index 0.78 MFI 41.63 Transcorp buy 50% sell 50% volume index 0.89 MFI 46.64 Uacp buy 0% volume index 0.73 MFI 23.19 Uacn buy 8% sell 92% volume ind

UBA Plc 20201Q1 Net Profit Up 26.75% On Interest Expense Cut, CEO Says Outlook Robust

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  United Bank for Africa Plc, on Monday, became the earliest filer among top banks to present their unaudited financials for the first quarter ended March 31, 2021, through the Nigerian Stock Exchange (NSE), highlights of which included the marginal drop in interest income, which was complemented by the 21.7% cut in interest expense. Others included the 13.52% increase in operating income and 47.81% reduction in an impairment charge for credit losses on loans from N2.265bn in the corresponding period of 2020, to N1.182bn; following which net profit for the period grew by N8.054bn or 26.75%. Details of the result showed that Gross earnings stood at N155.446bn from N147.169bn, with interest income dropping marginally from N109.107bn in the first quarter of last year, to N108.59bn, boosted by the N53.987bn income from term lo0ans to corporate, which rose from N49.583bn;p and N9.505bn from overdrafts (corporates), compared to N8.821bn in the prior Q1. The numbers could have been rosier, bu