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Profit-taking Ahead, As NGSE Index Forms Double Top On Mixed Sentiments, Oil Price Decline

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Market Update for April 20 Monday’s trading on the Nigerian Stock Exchange closed on a flat note after a two-week rally that ignored seemingly, all the negative news about the impact of the Coronavirus (COVID-19) pandemic now ravaging the global scene, leaving blood and woe on the world’s once boisterous cities, now mostly on lockdown mode. The sharp divergence between the market performance and economic realities were major sources of concern for many market players and watchers, as the V -bottom shaped recovery pattern was setting in. The high volatility during Monday’s session was due to a much-anticipated profit booking from the recent uptrend besides indecision among players despite price appreciation by highly capitalized stocks. The day’s downturn particularly followed the news of a further crash in the price of crude oil Nigeria’s mainstay at the international market, hitting its lowest level in 21 years. It is no longer news that the world is changing drastically a...

Breaking News!!!

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Announcing the release of Strategies for Profitable Investment in Changing Market Dynamics and Recession Over the past few weeks, there has been a complete global economic downturn. As a result, I promised to make available training videos to guide in this period so that you will not make the same mistake as 2009. As a result, I did my thorough and in-depth research and I came up a method if followed to its conclusion you will be secured and covered during this COVID-19 Pandemic effect. This is titled Strategies for Profitable Investment in Changing Market Dynamics and Recession It has 6 rich videos plus printable soft copy that will transform your portfolio into a solid one. In fact, the title of each video are as follows Video 1: How to Trade and invest profitably in an uncertain economy: in this downturn and beyond this is a must much watch whenever you experience any instability in the market. Video 2: Stocks to lead 2020 Recovery. That is, stock that will recove...

Cost Cutting, Tax Rebate Save Unilever Nigeria From 2020Q1 Loss

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The board of Unilever Nigeria Plc, on Friday, presented its unaudited financials for the first quarter ended March 31, 2020, showing a significant 30.71% drop in sales revenue. The impact of the sales decline may not be unconnected with the lockdown owing to the Coronavirus pandemic following which movement of people has been significantly restricted to contain the spread of the virus. This was however mitigated by the equally significant 35.56% cut in the cost of sales; 28.13% drop in selling and distribution expenses, 99.35% drop in finance cost, and a tax rebate. According to the result, revenue dropped from N19.235bn from the previous first quarter’s N13.328bn; while the cost of sales fell to N9.902bn from N15.366bn; resulting in gross profit of N3.426bn, an 11.43% drop from the preceding first quarter’s N3.869bn. A breakdown of the financials shows that the food products segment contributed N7.412bn, down from N9.254bn in 2019; while home and personal care fell from N9.981...

Buy and Sell Signal

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Hello Investors, The, buy & sell signal for this week have 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. Long term sticks 2. Stocks to lead recovery 3. Defensive Stocks 4. Dividend Stocks with Strong Yields and Fundamentals 5. Low priced Stocks to Watch However, you need to login 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  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 the time to wait for no one. http://investdataonline.com/buy-sell-signal/

In Times of Market Crisis, Fortune Favours The Bold

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Ambrose Here Again, Today is another great day. However, it is lockdown under COVID-19 Pandemic. Frankly, it does not look like one. I know life isn’t what you expected it to be right now. At least it isn’t for me. And I know lots of people are suffering right now. I’m not going to minimize that in any way… and bad news is going to keep coming in for a while longer. However, to suggest that any degree of blessedness may be extracted from this difficulty and perplexity will look absurd to many; but the truth is ever paradoxical and the curses of the foolish are blessings of the wise. Without difficulties like COVID-19, there could be no progress, no evolution; a universal stagnation would prevail and humanity will eventually perish. So, whether COVID-19 is human-made or natural, is pure law of evolution taking its course. However, each time this happens, I’ve seen the same thing - we came back stronger. In fact, in times of crisis... fortune favors the bold. This is ...

Investors Position In Defensive, Healthcare Stocks On NGSE, Amidst Impending Economic Downturn

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Market Update for the Week Ended April 17 and Outlook for Apr 20-25 Last week’s trading on the Nigerian Stock Exchange (NSE) defied the gloomy economic situation as impulsive demand for stocks continued to rise on positive sentiments that lifted equity prices against prevailing realities. This second consecutive week of uptrend has reduced the year-to-date loss suffered by the benchmark All-Share index to 14.61%, while the Month-to-date return stood at 7.61%, following which the index’s pattern shows a “V-bottom.” The market seems to be ignoring projections that the Nigerian economy is already challenged and sliding into recession. Technically, the composite NSEASI and stocks are ready to jump higher as smart money takes what may be temporary positions while anticipating a reopening of the economy that has been shut down for five weeks to check the spread of the Coronavirus (COVID-19) pandemic. This speculation-powered rally may not last, given the daily incremental growth in ...

Investdata Weekly Sentiment Report as of April 20, 2020

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NSEASI buy 💯 volume index 0.98 MFI 20.87 Access buy 60% sell 40% MFI 14.38 Afrprud buy 18% sell 82% volume index 1.01 MFI 44.94 Aiico buy 0% MFI 59.55 Bua buy 💯 MFI 38.74 Cadbury buy 0% volume index 1.40 MFI 16.66 Caverton buy 0% MFI 58.08 Chams buy 0% MFI 10.24 Conoil buy 💯 volume index 1.80 MFI 17.94 Corner buy 💯 MFI 19.56 Cutix buy 0% volume index 1.03 MFI 54.42 Dangcem buy 💯 MFI 34.62 Dangsugar buy 65% sell 35% volume index 1.08 MFI 17.35 Eti buy 55% sell 45% MFI 21.44 Fbnh buy 44% sell 56% volume index 1.92 MFI 31.43 Fcmb buy 37% sell 63% volume index 0.76 MFI 28.70 Fidelity buy 64% sell 36% volume index 1.70 MFI 50.63 Fidson buy 10% sell 90% volume index 1.80 MFI 27.75 Fmn buy 86% sell 14% MFI 42.22 Glaxo buy 💯 volume index 1.11 MFI 53.60 GT buy 62% sell 38% MFI 21.31 Honyflour buy 💯 MFI 38.98 Jaiz buy 💯 MFI 50.02 Jberger buy 💯 volume index 3.32 MFI 83.25 Lasaco buy 💯 MFI 31.19 Lawunion buy 💯 MFI 76.24 Learn buy 💯 volume index 1.45 MFI 9.80...