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Showing posts with the label #F#Investdataltd

Investdata Daily Sentiment Report as at February 28th, 2019

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NSEASI buy 18% sell 82% volume index 1.25 MFI 79.51 Access buy 14% sell 86% volume index 1.02 MFI 50.60 Afrprud buy 0% volume index 10.65 MFI 91.28 Aiico buy 💯 volume index 1.36 MFI 37.28 Custodian buy 0% MFI 40.11 Dangcem buy 💯 volume index 0.74 MFI 58.69 Dangflour buy 91% sell 9% volume index 2.13 MFI 86.08 Diamond buy 74% sell 26% volume index 3.50 MFI 60.06 Eterna buy 0% volume index 3.25 MFI 57.35 Eti buy 💯 MFI 74.35 Fbnh buy 0% volume index 0.86 MFI 56.20 Fcmb buy 93% sell 7% volume index 1.27 MFI 67.23 Fidelity buy 42% sell 58% volume index 2.48 MFI 37.42 GT buy 44% sell 56% MFI 80.25 Honyflour buy 💯 volume index 0.82 MFI 73.74 Jaiz buy 💯 MFI 71.29 Japaul buy 50% sell 50% volume index 0.81 MFI 84.87 Oando buy 0% volume index 1.32 MFI 77.52 Sovereins buy 0% MFI 77.18 Sterling buy 💯 volume index 1.37 MFI 71.94 Transcorp buy 22% sell 78% volume index 0.84 MFI 63.10 Uacn buy 0% volume index 1.56 MFI 61.53 Uba buy 0% MFI 73.50 Ubn buy 💯 volume index 1....

WHY TECHNICAL ANALYSIS?

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When it comes to investing in stocks, it is important that investor is able to conduct thorough analysis of his/her choice equity. Beyond analyst recommendations having a personal check on true price pattern is indeed very crucial for any serious investor. Two major models for following the equities market are the.Fundametal Analysis which bordered more on getting to the main reason behind price movements and the Technical Analysis which deals strictly with price patterns as dictated by traders action on the floor of the exxhange. You will agree with me that, it is better to tread the path dictated by many investors patronising the market than relying solely on.your own perceived impact of a particular fundamental news. Two heads they say, is better than one, now tell me what happen when you.have free access to the idea of all traders in the market on a daily basis. That is what TA offers its users. At the end.of every trading day, you open your chart, se...

Honeywell: When Consistent Quarterly Earnings Growth Inspires Hope For Juicier Returns

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Honeywell Flour Plc recently presented its earnings report for the nine months ended December 31, 2017 through the Nigerian Stock Exchange (NSE) within the regulatory timeframe and even earlier than previous one, thereby helping investors and traders make projections and plan their investments. The numbers beat expectations to reflect the relative improvement in earnings power and impact of the Central Bank of Nigeria (CBN) intervention in the forex market that has ensured stability in the Naira’s exchange rate, despite other challenges facing the nation’s manufacturing sector. Those challenges that continue to impact operating cost in the manufacturing sector include: the lack of basic infrastructure like road and power, besides the unfriendly cost of funds. Turnover for period was up by 44% to N54.65bn, from N37.97bn in the corresponding period of 2016, while profit growth was more significant at 110%, from N1.32bn in 2016 to N2.78bn, just as balance sheet is robust enough to s...

MARKET UPDATE FOR SEPTEMBER 21, 2017

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The nation’s stock market on Thursday was highly volatile to close lower on improved technical indicators that are yet to confirm direction as market sentiment remained mixed as shown by  the volume index of 1.70, with buying position of 21%, and 79% selling volume of the day’s transaction to halt the  previous day up market. The index had an oscillating session with little growth as the trading opened, then a sharp rally in the midday to intraday high of 35,411.85 from the day low of 35,128.03, but then pulled back in the afternoon to finish slightly negative for the day on a very high volume with first positive market breadth in the five trading sessions. This high volume was driven by transaction in Guaranty Trust Bank with 171.82 million shares valued at N6.70 billion to close at N38.95. Just as we mentioned in our update yesterday, the market breadth turned positive to strengthen market technicals with high volume but yet to confirm re...

CORPORATE ACTION JULY 14 TO SEPTEMBER 11, 2017

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UBA SURPASSES MARKET EXPECTATION, FORE-SHADOWS HIGHER DIVIDEND PROSPECTS

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The management of United Bank for Africa released it audited 2017 half year earnings report to the market last week In line with its post-listing requirement, earlier than that of 2016, thereby allowing investors forecast and plan their investment.The bank’s re-engineering and continued expansion across the continent as Africa’s global bank continues to yield bountiful results as revealed by its diversified revenue base, soaring profitability ratios and growing balance sheet all of which have helped to support UBA’s repositioning into an African financial powerhouse. The commitment of its board and management to creating value for its shareholders and banking public through improved service delivery, new products and services that are people oriented to support strong assets quality. All of these translate to improved top and bottom-line, translating to good dividend payout that reflects on its share price  even as it remains toast of Nigeria’s investing community....