Fair Value & Price Tags Of Selected Healthcare Stocks On NGX

Quote of the day

“Don’t take too much advice. Most people who have a lot of advice to give — with a few exceptions — generalize whatever they did. Don’t over-analyze everything. I myself have been guilty of over-thinking problems. Just build things and find out if they work.”
— Ben Silbermann, founder of Pinterest

Did You Miss it

Ambrose Here Again,

So on Saturday, I launched the Technical which is among one of my favorite training I’ve ever put together.

Also, I did 50% off of the actual price and I am very excited because several investors seized the opportunity to participate in expanding their knowledge and saving more.

If you got the early bird … I sincerely hope you got a ton out of it.

If you are yet to get your Technical analysis made easy for Profitable Trading… No worries, I have you covered.

Because...

I have made it available at the launch price and this is absolutely another opportunity to prepare and have background knowledge of how to use Technical Analysis.

Click on the link below

http://workshop.investdataonline.com/easyta/

Or call NOW ,+2348028164085, +2348179547605

To get started before it expires at 11:59 pm Friday 27th August 2021.

Ambrose Omordion.

Mindset Wisdom: Get Moving!

Get rid of that nervous energy so you can focus! There’s a direct relationship between vigorous exercise and stress management. How many times have you found yourself sitting… staring at your screen… instantly realizing that you’ve been sitting there for hours? Riding out that position? Fretting over an exit or even a loss?

Get up! Move around! Go for a walk. Motion creates focus. Focus creates positive energy and clarity!

Better yet, add an exercise element to your trading routine! Your health and your account will thank you!

Caution, Sector Rotation, As Investors Window-Dress, Eye Interim Dividend Banks


Market Update for August 24

The seesaw movement continued on the Nigerian Exchange on Tuesday as the benchmark index edged up due to ‘buy’ interests in banking and manufacturing stocks that rebounded on expected earnings from interim dividend-paying banks’ just as oil recoup most of its losses in recent times, considering the approval of vaccines in developed economies.

Tuesday’s buying sentiment halted two previous sessions of bear transition on a low traded volume and a slightly negative breadth in the midst of the somewhat indicators movement. The less-than-average traded volume revealed the absence of large players in the market.

As the month gradually draws to an end and with all eyes on the results of first-tier banks and half-year GDP report from the National Bureau of Statistics (NBS), with the expected impact of the IMF’s $3.35bn SDR allocation to Nigeria which the CBN recently received to boost the nation’s external reserves and increase liquidity in the FX market to enhance foreign transactions. This, with the rebound of oil prices in the international market, can attract more players into the market and economy, but there is a need for the government to properly address the issue of insecurity across the land to support the ongoing economic recovery, which is still weak and fragile.

Meanwhile, the session’s started marginally on the upside before oscillating on position-taking and profit-booking among the medium and low cap stocks which pushed the NGX index to an intraday high of 39,466.71 basis points, from its lows of 39,429.68bps. Thereafter it closed slightly above the opening figures at 39,460.68bps.

Market technicals were weak and mixed as the volume traded was lower than that of the previous day in the midst of negative breadth and buying pressure as revealed by Investdata’s Sentiment Report showing 86% ‘buy’ volume and 14% sell position. Total transaction volume index stood at 0.86 points, just as the momentum behind the day’s performance was relatively strong, with Money Flow Index reading 57.78 points, from the previous day’s 57.87 points, an indication that funds left the market despite the upmarket.

To navigate the rest of the quarter and year profitably, order Investdata’s video on How to effectively combine Fundamentals and Technical Analysis to enhance trading decisions and boost your bottom line. Also, to up your game in stock trading and investing, understanding the key to trading price and index action will go a long way to make the difference in your trading results, check out the video materials below.

Index and Market Caps

The leading performance index NGXASI, at the close of Tuesday’s trading, inched up by 25.99bps, closing at 39,460.68bps, from its opening level of 39,434.69bps, representing a 0.08% up, just as market capitalization rose by N13.54bn at N20.56tr, from the opening value of N20.55tr, also representing a 0.08% value gain.

Attention: If you have not signed up for INVESTDATA’s buy and sell signal setup, don’t delay, because the number of stocks entering their buying range has just increased to 24 as they build a new bullish base and positive chart patterns to be on our watchlist. These stocks have double potentials to rally, considering their earnings prospect and the oscillating mood of the market at this time.

To become a member, send ‘YES’ or ‘STOCKS’ to the phone numbers below. Take advantage of this service to buy right and sell right at the current oscillating market in the midst of earnings season, portfolio reshuffling and repositioning as we await an economic reform policy to stimulate and re-track the economy to the path of growth and development.

The session’s upturn was driven by demand in stocks like Zenith Bank, GTCO, Lafarge Africa, Dangote Sugar, Honeywell Flourmill, United Capital, and Livestock, among others. These impacted mildly on Year-To-Date loss, reducing it to 2.01%, just as the loss in market capitalization YTD stood at N497.17bn, representing a 2.36% decline from the year’s opening value.

Mixed Sector Indices

Performance indexes across the sectors were mixed, as the NGX Insurance and Oil/Gas dropped by 0.43% and 0.19% respectively, while the NGX Industrial Goods Index led the advancers, after gaining 0.13%, followed by Banking and Consumer goods with 0.12% and 0.08% respectively.

Market breadth was slightly negative as losers outnumbered gainers in the ratio of 18:17, while activities in volume and value terms were down as stockbrokers traded 196.81m shares worth N1.45bn, compared to the previous day’s 211.33m units valued at N2.02bn. The day’s volume was driven by trades in Courtville Business Solution, Sovereign Trust Insurance, Wema Bank, UBA, and FBN Holding.

Morison Industry and Regency Insurance were the best-performing, gaining 10% and 9.52% respectively and closing at N01.54 and N0.46 per share respectively on market sentiments and forces. On the flip side, FTN Cocoa and Courtville lost 9.09% and 8.82% respectively, closing at N0.40 and N0.31 per share, on profit-taking.

Market Outlook

We expect the mixed trend to continue as month-end draws even closer ahead of first-tier banks results and Q2 GDP data release, as well as the continued repositioning of portfolios ahead of the year last quarter. Also, investors are still observing the interplay of market forces in the FX market as the CBN plans to launch a digital currency platform. The day’s low volume suggests that institutional investors and others are still cautiously looking at the numbers. It is noteworthy that oil prices rebounded in the international market; corporate actions, as well as the interim dividend possibilities, are around the corner.

We note also that some stocks are trading within their ‘buy’ ranges to become more attractive at this point for income investors and traders, even as the market anticipates positive news, while oil price continues to oscillate above $68pb to support the global economy and stock market recovery across climates. We also expect the ongoing COVID-19 vaccination to support global and domestic economic recovery that will enhance the market and give direction.

The banking sector and others remain attractive on the back of the prevailing low prices, despite the mixed half-year earnings.

Again, the way to go is: Target dividend-paying stocks and fundamentally sound companies with growth prospects in 2021 and beyond, looking the way of mispriced equities ahead of interim dividend announcement and last quarter economic activities. This is especially given that despite the seeming improvements, fixed income yield continues to offer a negative real rate of return due to the galloping inflation.

However, the strong and faster recovery may continue, depending on market forces, going forward, as propelled by expected Q2 earnings reports, until the next MPC meeting next month.

Meanwhile, the home study packs on Comprehensive Stock Market trading course video, INVEST 2021 New Opportunities & New Paths To Profits Summit materials and 10 Golden Stocks for 2021, Strategies and How to invest profitably in this Changing Market Dynamics/ Recession, Mastering Earnings Season For Profitable Investing and Trading in any market situation/ cycles, Life Beyond COVID 19 Investment Opportunities In The Stock Market are now available. To obtain your pack send ‘Yes’ or ‘Stock’ to 08028164085, 08179547605 now.

Ambrose Omordion

CRO|Investdata Consulting Ltd
info@investdataonline.com
info@investdata.com.ng
ambrose.o@investdataonline.com
ambroseconsultants@yahoo.com
Tel: 08028164085, 08179547605
https://investdata.com.ng/caution-sector-rotation-as-investors-window-dress-eye-interim-dividend-banks/

10 Strong Stocks With Positive Momentum & Chart Patterns To Watch As Q3 Enter The Last Month

OANDO
HONEYWELL
PHARMADEKO
UCAP
VITAFOAM
UPDC
ACCESS BANK
CHAMS
FIDSON HEALTHCARE
PRESCO

View the chart on our website link below;
https://investdata.com.ng/10-strong-stocks-with-positive-momentum-chart-patterns-to-watch-as-q3-enter-the-last-month/

NGX Sideways Trend May Persist As Investors Await Trigger For Next Move


Market Update for August 25

Equities’ trading activities on the Nigerian Exchange at the midweek was mixed but relatively quiet, as the NGX All-Share index continued its up and down movement in a ranging mode that signaled consolidation ahead of month-end in the midst of earnings expectation of the big banks and macroeconomic data that would reveal how the economy had fared so far, and also give insight into the future.

Despite the seemingly directionless nature of the market, medium and low priced stocks like UPDC, Capital Hotel, Vitafoam, Honeywell, United Capital, and others are breaking out resistance levels and making new 52-week high on improved volume and positive market sentiment, regardless of the low traded volume that shows the absence of institutional investors at the market arena at this point.

Technically, when the NGX benchmark index or price action of a stock drops on a less than average traded volume as seen in recent trading sessions it suggests that large investors are not selling aggressively, especially as portfolio repositioning and sector rotation are ongoing after the half-year earnings reporting season. The current sideways trend means that the market is waiting for a trigger in the form of news or policy statements capable of moving up or down from this level. This suggests that investors should not panic but allow their investment objectives or goals to guide their decision while staying on.

Midweek’s trading opened slightly on the upside before oscillating on profit booking and position-taking across the sectors and high caps which pushed the key performance index to an intraday low of 39,438.30 basis points, from its highs of 39,481.65bps. Thereafter, it closed marginally below the opening point at 39,450.00bps.

Market technicals were weak and mixed with a higher volume traded than that of the previous day in the midst of breadth favouring the bears on a mixed sentiment as revealed by Investdata’s Sentiment Report showing 27% ‘buy’ volume and 73% sell position. Total transaction volume index stood at 0.85 points, just as the momentum behind the day’s performance was relatively strong, with Money Flow Index reading 63.22points, from the previous day’s 57.78 points, an indication that funds entered the market despite the down market.

To navigate the rest of the quarter and year profitably, order Investdata’s video on Technical Analysis Made Easy for Profitable Trading to enhance trading decisions and boost your bottom line. Also, to up your game in stock trading and investing, understanding the key to trading price and index action will go a long way to make the difference in your trading results, check out the video materials below.

Index and Market Caps

At the end of midweek’s trading, the composite NGXASI lost 10.68bps, closing at 39,450.00bps, from its opening level of 39,460.68bps, representing a 0.03% drop, just as market capitalization fell slightly by N5.6bn at N20.55tr, from the opening value of N20.56tr, also representing a 0.03% value loss.

Attention: If you have not signed up for INVESTDATA’s buy and sell signal setup, don’t delay, because the number of stocks entering their buying range has just increased to 24 as they build a new bullish base and positive chart patterns to be on our watchlist. These stocks have double potentials to rally, considering their earnings prospect and the oscillating mood of the market at this time.

To become a member, send ‘YES’ or ‘STOCKS’ to the phone numbers below. Take advantage of this service to buy right and sell right at the current oscillating market in the midst of earnings season, portfolio reshuffling, and repositioning as we await an economic reform policy to stimulate and re-track the economy to the path of growth and development.

Wednesday’s downturn was due to selloffs and profit-taking in GTCO, FBNH, Zenith Bank, Oando, Dangote Sugar, ETI, Nahco, Unity Bank, Mutual Benefits, and Academy Press, among others. These impacted mildly on Year-To-Date loss, increasing it to 2.04%, just as the loss in market capitalization YTD stood at N502.77bn, representing a 2.40% decline from the year’s opening value.

Bearish Sector Indices

Performance indexes across the sectors were down, except for the NGX Industrial Goods that closed flat, while the NGX Insurance Index led the decliners, after shedding 0.53%, followed by Consumer Goods, Banking, and Energy with 0.13%, 0.12%, and 0.10% respectively.

Market breadth remained negative as losers outnumbered gainers in the ratio of 19:17, while transactions in volume and value terms were mixed as investors exchanged 198.33m shares worth N1.06bn, compared to the previous day’s 196.81m units valued at N1.45bn. The day’s volume was driven by trades in Sovereign Trust Insurance, Mutual Benefits Assurance, Jaiz Bank, Regency Insurance, and Trancorp.

Capital Hotel and Eterna were the best-performing, gaining 10% each, closing at N3.19 and N6.82 per share respectively on market sentiments and forces. On the flip side, Academy Press and Pharma-Deko lost 9.76% and 9.52% respectively, closing at N0.36 and N1.71 per share, on profit-taking.

Market Outlook

We expect the ranging trend to continue as the market awaits news and policy statement ahead of month-end window dressing, first-tier banks results and Q2 GDP data release, as well as the continued repositioning of portfolios ahead of the year last quarter. Also, investors are still observing the interplay of forces in the FX market as the CBN plans to launch a digital currency platform. The day’s low volume suggests that institutional investors and others are still cautiously looking at the numbers. It is noteworthy that oil price rebounded in the international market; corporate actions, as well as the interim dividend possibilities, are around the corner.

We note also that some stocks are trading within their ‘buy’ ranges to become more attractive at this point for income investors and traders, even as the market anticipates positive news, while oil price continues to oscillate above $68pb to support the global economy and stock market recovery across climates. We also expect the ongoing COVID-19 vaccination to support global and domestic economic recovery while enhancing the market and giving direction.

The banking sector and others remain attractive amidst the prevailing low prices, despite the mixed half-year earnings.

Again, the way to go is: Target dividend-paying stocks and fundamentally sound companies with growth prospects in 2021 and beyond, looking the way of mispriced equities ahead of interim dividend announcement and last quarter economic activities. This is given that despite the seeming improvements, fixed income yield continues to offer a negative real rate of return due to the galloping inflation.

However, the strong and faster recovery may continue, depending on market forces, going forward, as propelled by expected Q2 earnings reports, until the next MPC meeting next month.

https://investdata.com.ng/ngx-sideways-trend-may-persist-as-investors-await-trigger-for-next-move/

WORDS TO TRADE BY

“Courage taught me no matter how bad a crisis gets ... any sound investment will eventually pay off."

― Carlos Slim Helu

Don't freak out over the inevitable setbacks that all investors face, especially during a crisis in the market. The market goes up, then down, then up again. Though it can be erratic at times, that's the gist of it.

Seeing a significant sell-off or pullback shouldn't spook a trader who has a solid trading plan. Stay focused on the big picture. Be more cautious and methodical, but ride out the waves. If you give in and drop out, you've admitted defeat.

If your investments' reasoning is sound, stay the course, and everything will eventually work out. Just be patient.

Reminder! Reminder!! Reminder!!!

Hello Investors and Traders,

Questions and Answers with Ambrose Omordion

will hold Saturday 28/08/2021. Time: 12:00noon

IT IS ABSOLUTELY FREE

Join Zoom Meeting
https://us02web.zoom.us/j/86154893666?pwd=Z2lvQWNmN0YvOWFGUGNBbklaS2RtZz09

Or

Meeting ID: 861 5489 3666
Passcode: 513247

Ambrose Omordion

Sentiment Report for August 26, 2021

NGXASI buy 84% sell 16% volume index 0.81 MFI 68.96
Access buy � MFI 37.48
Afrprud buy 0% MFI 53.66
Aiico buy � volume index 1.26 MFI 57.26
Caverton buy � volume index 1.33 MFI 76.31
Courtville buy � volume index 0.88 MFI 92.11
Eti buy � MFI 63.47
Fbnh buy � MFI 67.58
Fcmb buy 91% sell 9% MFI 57.90
Fidelity buy � MFI 57.30
Ftn buy � volume index 1.58 MFI 48.60
GTCO buy 0% MFI 33.65
Honyflour buy 75% sell 25% volume index 0.80 MFI 100.00
Jagold buy 0% MFI 29.59
Lvstk buy 82% sell 18% volume index 1.47 MFI 56.87
Mansard buy 0% volume index 0.81 MFI 24.60
Mben buy � volume index 2.61 MFI 16.52
Nahco buy � volume index 1.39 MFI 70.97
Oando buy 0% MFI 40.00
Prestige buy � volume index 1.91 MFI 11.61
Regalins buy � volume index 1.96 MFI 59.57
Sovrenins buy 0% volume index 2.87 MFI 21.47
Sterling buy � MFI 26.96
Transcorp buy 0% MFI 57.62
Uba buy 0% volume index 0.86 MFI 19.11
Ucap buy 50% sell 50% volume index 1.02 MFI 58.58
UPDC buy � volume index 2.19 MFI 72.46
Veritas buy � MFI 56.90
Vitafoam buy � MFI 93.19
Wapco buy � volume index 8.37 MFI 17.03
Wapic buy � volume index 1.99 MFI 58.13
Wema buy � MFI 59.48
Zenith buy 0% MFI 59.05

Investdata Daily Sentiment Report

Non-Oil Sector Lifts Nigeria’s 2021Q2 GDP By 5.01%


Latest data from Nigeria’s National Bureau of Statistics (NBS) on Thursday showed that the country’s economy soared by 5.01% in real terms in the second quarter of 2021, from 0.51% in the previous quarter, or the 6.1% contraction reported in the corresponding period of last year.

The growth is the highest percentage growth since 2019Q2 when the economy grew by 2.12%, from where it rose to 2.55% by 2019Q4.

Within the period, aggregate GDP stood at N39.123tr in nominal terms, up from the second quarter of 2020 aggregate of N34.023tr, indicating a 14.99% year-on-year

nominal growth rate, higher than -2.80% growth recorded in the second quarter of 2020 when economic activities slowed sharply at the outset of the pandemic.

The Q2 2021 nominal growth rate was also higher than 12.25% growth recorded in Q1 2021, despite a further dip in the oil sector with -12.65% year-on-year growth, from -2.21% in the previous second quarter. This resulted in real GDP negative growth of 7.13% in the first half of the year, compared to 0.8% in the corresponding period of last year, reflecting the lower oil output, following which the oil sector contributed 7.42% to total real GDP in Q2 2021, down from 8.93% and 9.25% in the second quarter of 2020 and first quarter of 2021 respectively.

On the other hand, the non-oil sector recorded a faster 6.74% year-on-year growth compared to 0.79% in the previous quarter, contributing 92.58% to total GDP, from 91.07% and 90.75% in Q2-20 and Q1-21, respectively).

Non-oil sector growth within the period was boosted by growth in Trade, Information, and Communication (Telecommunication), Transportation (Road Transport),

Electricity, Agriculture (Crop Production) and Manufacturing (Food, Beverage & Tobacco).

The latest growth, the NBS noted, is the third consecutive after the negative growth recorded in the second and third quarters of 2020, “indicating the return of business

and economic activity near levels seen prior to the nationwide implementation of COVID-19 related restrictions.”

For example, in 2020Q4, Nigeria’s economy grew by 0.11%, after contracting by 6.1% and 3.62% in the preceding two quarters; improving to 0.51% by 2021Q1.

“The steady recovery observed since the end of 2020, with the gradual return of commercial activity as well as local and international travel, accounted for the significant increase in growth performance relative to the second quarter of 2020 when nationwide restrictions took effect,” the bureau noted.

Year to date, it continued, real GDP grew 2.70% in 2021 compared to -2.18% for the first half of 2020

A further breakdown of the figure showed that average daily oil production stood at 1.61 million barrels per day (mbpd), a marginal 0.19mbpd drop from the average daily production of 1.81mbpd recorded in the same quarter of 2020 and -0.10mbpd lower than the 1.72mbpd recorded in the first quarter of 2021.

On a sectoral basis, agriculture grew slower by 1.30%, from 2.28%; Industries contracted by 1.23% as against the growth of 0.94%; while Services grew faster by 9.27%, compared to -0.39%.

In terms of contribution, services, agriculture, and industries, respectively, accounted for 55.66%, 23.78%, and 20.57% of overall output growth.

https://investdata.com.ng/non-oil-sector-lifts-nigerias-2021q2-gdp-by-5-01/

NGX Index To Breakout On Market Reaction To Positive Q2 GDP Numbers


Market Update for August 26

Nigeria equity market on Thursday continued its consolidation move as the NGX index inched up on a low traded volume and wide positive market breadth due to increased buying interest across the major sectors of the exchange.

The anticipated positive news of Q2 GDP growth of 5.01% was released to the market by the NBS to increase the number of good news despite the lingering social-political and structural impediments which had hindered the nation economic progress and peace.

The better than expected Q2 GDP data was not a surprise to us in Investdata as the just concluded half year earnings season and other macroeconomic indices have given insight before now, as the purchasing managers index hits 18 months high of 55.4 points as of July from 53.6 point in June according to Stanbic IBTC Bank’s report.

Also, the Consumer Price iIndex, which measures price movement of goods and services recently, recorded four straight months of decline as inflation figure for July stood at 17.38% from its high of 18.28% in March this year.

Despite the geometric growth of 5.01% against Q1 0.51% and when compared with the negative position of 6.10% in Q2 2020 which was a problematic year of COVID-19, recession, EndSARS and others, as a low base year.

What is important here is that can this growth be sustained in the face of uncertainties here and there? Nobody knows what will happen next, so keep your mind open because you’re in the market to make money.

This is the last week of August. This is the time to think about this sort of thing. As this remains, the fastest and highest growth the nation economy has recorded in the last 24 months, which was driven by non-oil sector, an indication that agricultural, manufacturing, services and others, are looking up as the economic recovery remains a plus for the stock market, as corporate earnings have given insight before now.

Meanwhile, Thursday’s trading started in the green before oscillating on position taking across the sectors and low cap stocks which pushed the NGX index to an intraday high of 39,482.35 basis points, from its low of 39,449.82bps. Thereafter, it closed slightly above the opening point at 39,477.18bps.

Market technicals were positive and mixed as volume traded was lower than that of the previous day in the midst of breadth favouring the bulls on a positive sentiment as revealed by Investdata’s Sentiment Report showing 84% ‘buy’ volume and 16% sell position. Total transaction volume index stood at 0.81 points, just as the momentum behind the day’s performance was relatively strong, with Money Flow Index reading 68.96points, from the previous day’s 63.22 points, an indication that funds entered the market.

To navigate the rest of the quarter and year profitably, order for Investdata’s video on Technical Analysis Made Easy for Profitable Trading to enhance trading decisions and boost your bottom line.

Also, to up your game in stock trading and investing, understanding the key to trading price and index action will go a long way to make the difference in your trading results, checkout the video materials below.

Index and Market Caps

At the end of the trading session, the composite NGXASI gained 27.18bps, closing at 39,477.18bps, from its opening level of 39,450.00bps, representing a 0.07% up, just as the market capitalisation rose by N14.23 billion at N20.57tr, from the opening value of N20.55tr, representing a 0.07% value gain.

Attention: If you have not signed up for INVESTDATA’s buy and sell signal setup, don’t delay, because the number of stocks entering their buying range has just increased to 24 as they build a new bullish base and positive chart patterns to be on our watchlist.

These stocks have double potential to rally, considering their earnings prospect and the oscillating mood of the market at this time.

To become a member, send ‘YES’ or ‘STOCKS’ to the phone numbers below. Take advantage of this service to buy right and sell right at the current oscillating market in the midst of earnings season, portfolio reshuffling and repositioning as we await an economic reform policy to stimulate and re-track the economy to the path of growth and development.

Thursday upturn was due to buying interest in Presco, Eterna, UPDC, Honeywell, Access Bank, ETI, NAHCO, Caverton, FCMB and Mansard, among others. These impacted mildly on Year-To-Date loss, reduced it to 1.97%, just as the loss in market capitalisation YTD stood at N497.77bn, representing a 2.33% decline from the year’s opening value.

Mixed Sector Indices

Performance indexes across the sectors were up, except for the NGX Consumer and Industrial Goods that closed flat, while the NGX Insurance Index led the advancers, after gaining 2.33%, followed by Energy and Banking with 0.20% and 0.09% respectively.

Market breadth turned positive as gainers outnumbered losers in the ratio of 27:12, while transactions in volume and value terms were mixed as investors exchanged 186.33m shares worth N1.79bn, compared to the previous day’s 198.33 m units valued at N1.06bn. The day’s volume was driven by trades in Sovereign Trust Insurance Wapco, Honeywell, Mutual Benefits Assurance and UPDC.

Eterna and UPDC were the best-performing, gaining 10% and 9.74%, closing at N7.50 and N1.69 per share respectively on market sentiments and forces. On the flip side, Ikeja Hotels and SCOA lost 10% and 9.43% respectively, closing at N1.26 and N1.44 per share, on selloffs.

Market Outlook

We expect a breakout from the ranging trend as the market reacts to the good news of Q2 GDP growth ahead of month-end window dressing and expected first-tier banks results, as well as the continued repositioning of portfolios ahead of the last quarter of the year.

Also, investors are still observing the interplay of forces in the FX market as the CBN plan to launch a digital currency platform.

The day’s low volume suggests that institutional investors and others are still cautiously looking at the numbers.

It is noteworthy that oil price rebounded in the international market; corporate actions, as well as the interim dividend possibilities, are around the corner.

We note also that some stocks are trading within their ‘buy’ range to become more attractive at this point for income investors and traders, even as the market anticipates positive news, as oil price continues to oscillate above $68pb to support the global economy and stock market recovery across climates.

We also expect the ongoing COVID-19 vaccination to support global and domestic economic recovery that will enhance the market and give direction.

The banking sector and others remain attractive on the back of the prevailing low prices, despite the mixed half-year earnings.

Again, the way to go is: Target dividend-paying stocks and fundamentally sound companies with growth prospects in 2021 and beyond, looking the way of mispriced equities ahead of interim dividend announcement and last quarter economic activities.

This is because in spite of the seeming improvements, fixed income yield continues to offer a negative real rate of return due to the galloping inflation.

However, the strong and faster recovery may continue, depending on market forces, going forward, as propelled by expected Q2 earnings reports, until the next MPC meeting in September.

https://investdata.com.ng/ngx-index-to-breakout-on-market-reaction-to-positive-q2-gdp-numbers/

QUESTIONS AND ANSWERS WITH AMBROSE OMORDION AS OF AUGUST 28, 2021

Hello Investors and Traders,

I just posted Questions and Answers with Ambrose Omordion as of 28/08/2021.

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.

Ambrose Omordion


https://www.youtube.com/watch?v=90GUR18C5RM

THE BUY AND SELL SIGNAL FOR FOR THE WEEK

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 new bullish base


However, you need to log in 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 time wait for no one.

http://investdataonline.com/buy-sell-signal/

Sentiment Report for the week Ended August 27,2021

NGXASI buy 70% sell 30% volume index 0.75 MFI 74.50
Access buy � MFI 59.02
Afrprud buy 50% sell 50% MFI 34.53
Aiico buy 44% sell 56% MFI 26.06
Cadbury buy 0% volume index 1.19 MFI 60.56
Caverton buy � volume index 0.70 MFI 46.90
Chams buy 50% sell 50% volume index 3.39 MFI 53.28
Chiplc buy � volume index 1.29 MFI 38.88
Courtville buy 50% sell 50% volume index 1.80 MFI 86.94
Cutix buy 0% MFI 83.23
Dangsugar buy 70% sell 30% MFI 62.44
Eterna buy 63% sell 37% volume index 1.78 MFI 64.29
Eti buy 75% sell 25% MFI 70.37
Fbnh buy � MFI 60.28
Fcmb buy 92% sell 8% MFI 64.88
Fidelity buy 90% sell 10% MFI 57.15
Fmn buy 56% sell 44% MFI 36.20
Ftn buy � volume index 2.43 MFI 55.28
Glaxo buy � MFI 48.67
GTCO buy 0% MFI 16.11
Honyflour buy 73% sell 27% volume index 1.68 MFI 94.78
Jaiz buy 80% sell 20% volume index volume 1.57 MFI 28.63
Jagold buy 0% MFI 48.21
Linkass buy 67% sell 33% MFI 46.88
Lvstk buy 95% sell 5% volume index 1.16 MFI 47.68
Mansard buy 57% sell 43% MFI 46.01
Maybaker buy 77% sell 23% volume index 2.11 MFI 53.55
Mben buy 40% sell 60% volume index 2.28 MFI 26.52
Mtnn buy � MFI 61.25
M/verse buy 0% MFI 100.00
Nahco buy 44% sell 56% volume index 2.74 MFI 90.37
Nascon buy 0% MFI 52.04
Neimeth buy 34% sell 66% volume index 3.03 MFI 67.24
Nem buy � MFI 48.21
Npf buy � MFI 39.52
Oando buy 47% sell 53% MFI 82.45
Presco buy � MFI 56.52
Prestige buy � volume index 0.74 MFI 38.50
Pz buy 0% MFI 68.37
Regalins buy � volume index 2.00 MFI 70.13
Royalex buy 0% MFI 32.12
Sovrenins buy 75% sell 25% volume index 3.53 MFI 36.66
Sterling buy 75% sell 25% MFI 31.80
Transcorp buy 0% volume index 0.93 MFI 55.66
Uacn buy 45% sell 55% MFI 55.21
Uba buy 33% sell 67% MFI 56.94
Ubn buy 50% sell 50% MFI 35.59
Ucap buy 43% sell 57% MFI 55.65
Unilever buy 0% volume index 1.89 MFI 56.85
Unity buy � MFI 66.51
UPDC buy 98% sell 2% volume index 2.05 MFI 59.06
Veritas buy 0% MFI 77.13
Vitafoam buy 40% sell 60% MFI 82.18
Wapco buy 63% sell 37% volume index 2.01 MFI 63.87
Wapic buy � MFI 35.61
Wema buy 86% sell 14% volume index 0.73 MFI 63.69
Zenith buy 33% sell 67% MFI 63.62

Investdata Weekly Sentiment Report

Sentiment Report for August 30, 2021

NGXASI buy 13% sell 87% volume index 1.28 MFI 66.66
Access buy 0% volume index 1.30 MFI 19.96
Aiico buy � MFI 53.40
Caverton buy 33% sell 67% volume index 3.04 MFI 47.22
Chams buy 0% volume index 2.12 MFI 94.59
Chiplc buy 80% sell 20% volume index 5.47 MFI 64.35
Dangsugar buy � volume index 0.79 MFI 44.94
Eterna buy 0% volume index 2.23 MFI 69.42
Eti buy 0% volume index 0.98 MFI 45.80
Fbnh buy � volume index 1.14 MFI 70.37
Fcmb buy � MFI 58.89
Fidelity buy 0% MFI 45.67
GTCO buy 0% MFI 35.63
Jaiz buy � MFI 47.49
Jagold buy � MFI 32.68
Jberger buy � MFI 100.00
Linkass buy � volume index 0.90 MFI 57.68
Lvstk buy 94% sell 6% volume index 3.38 MFI 71.94
Mansard buy � volume index 1.23 MFI 28.13
Mben buy � volume index 0.77 MFI 12.28
Nahco buy � volume index 0.83 MFI 67.46
Neimeth buy 0% volume index 1.17 MFI 75.05
Nem buy 0% volume index 1.13 MFI 33.74
Oando buy 56% sell 44% volume index 1.97 MFI 32.14
Regalins buy � volume index 4.26 MFI 36.35
Sovrenins buy � volume index 1.54 MFI 33.59
Sterling buy � MFI 28.56
Transcorp buy 20% sell 80% volume index 2.89 MFI 31.85
Uacn buy 69% sell 31% MFI 87.04
Uba buy 50% sell 50% volume index 0.73 MFI 24.47
Ubn buy � volume index 0.95 MFI 37.66
Ucap buy � MFI 45.77
UPDC buy � volume index 3.26 MFI 84.90
Veritas buy � MFI 70.82
Vitafoam buy � MFI 89.71
Wema buy � MFI 83.85
Zenith buy 63% sell 37% volume index 1.20 MFI 69.20

Investdata Daily Sentiment Report

Are you creating obstacles to your own Financial success?

Ambrose, Here Again,

Do you know the behaviors that are holding you back?

As you head into the last phase of 2021, it is good to start thinking about what new habits and fresh perspectives you would like to create for the rest of the year and beyond.

What is creating obstacles to your success?

For many, it begins in their own head, so stop sabotaging yourself with your own thoughts and actions! All too often, we place limitations on ourselves that prevent us from living out our dreams.

Whether your dream is...
Financial freedom,
Jumping out of an airplane,
Losing weight or
expanding your social circles.

...we sometimes get in our own way — and often, without even realizing it.

Here are a few ways we do that:

#1: Staying In Our Comfort Zone: Our critical inner voice likes to keep us in a nice, safe box. Our brains view this as self-preservation because it wants to protect us from feeling vulnerable, making a mistake, being judged or being disappointed. That critical inner voice may say, “you are not worthy” or “that is too much work,” or “what if you fail?”

#2: Believing A Negative Self-Image...your inner critic is so familiar to you that you don’t even stop to challenge it. We get stuck in patterns and then base our whole lives around those parameters because that is what we are used to. The defenses (excuses) we put up to protect us only limit our lives and our potentials.

#3: Letting fear rule you: Fear is the energy that causes us to shut down, hide and silently suffer. Love is the energy that pushes, heals, and allows us to open up. Fear of the unknown, fear of failure, fear of rejection, and fear of judgment often holds us back.

I am here to tell you that we are more resilient than we think. Do not let your own fear, negative self-criticism, or comfort zone keep you down. Sure, you may try something new and fail. But I firmly believe we will never regret the things we have done, only the things we never tried.�

The MasterClass is around the corner and registration will be opening soon... Do not let those behaviors hold you back from smiling while others are complaining about the economy!!.

Dedicated to Your Financial Success,
Ambrose Omordion

Sentiment Report for the Week Ended September 3, 2021

NGXASI buy 25% sell 75% volume index 0.82 MFI 73.14
Access buy 62% sell 38% volume index 1.33 MFI 68.95
Afrprud buy � MFI 33.55
Aiico buy � MFI 28.47
Caverton buy 29% sell 71% volume index 1.50 MFI 38.08
Chams buy 25% sell 75% volume index 3.82 MFI 45.36
Chiplc buy 37% sell 63% volume index 3.41 MFI 43.13
Courtville buy 0% MFI 84.14
Custodian buy � MFI 77.62
Cutix buy 0% MFI 79.94
Dangcem buy � MFI 84.60
Dangsugar buy 0% MFI 66.81
Eterna buy 39% sell 61% volume index 1.03 MFI 64.95
Eti buy 0% MFI 68.40
Fbnh buy � MFI 59.93
Fcmb buy 29% sell 71% MFI 61.82
Fidelity buy 14% sell 86% volume index 0.72 MFI 58.99
Fidson buy � volume index 1.52 MFI 85.72
Fmn buy � volume index 1.02 MFI 40.46
Ftn buy 0% volume index 4.80 MFI 70.62
GTCO buy 80% sell 20% MFI 17.31
Honyflour buy 20% sell 80% volume index 3.57 MFI 96.00
Jaiz buy 0% volume index 1.12 MFI 29.59
Jagold buy 0% MFI 44.53
Jberger buy � volume index 1.20 MFI 96.26
Lasaco buy 0% MFI 50.41
Learn buy � MFI 79.78
Linkass buy 0% MFI 44.97
Lvstk buy 0% volume index 2.65 MFI 59.03
Mansard buy 67% sell 33% MFI 48.66
Mben buy 0% volume index 1.59 MFI 11.63
Nahco buy 91% sell 9% volume index 1.47 MFI 82.40
Neimeth buy 70% sell 30% volume index 1.54 MFI 57.77
Nem buy 35% sell 65% volume index 0.91 MFI 58.27
Nestle buy � MFI 25.45
Npf buy 0% MFI 33.76
Oando buy 9% sell 91% volume index 1.60 MFI 76.03
Prestige buy � MFI 39.34
Pz buy 20% sell 80% MFI 69.85
Regalins buy � volume index 0.89 MFI 65.24
Royalex buy 0% MFI 32.12
Sovrenins buy � volume index 1.35 MFI 33.24
Stanbic buy 0% MFI 54.88
Sterling buy 0% MFI 26.48
Transcorp buy � volume index 3.20 MFI 45.55
Uacn buy 0% MFI 43.91
Uba buy 83% sell 17% MFI 62.55
Ubn buy 22% sell 78% MFI 23.14
Ucap buy 96% sell 4% volume index 1.18 MFI 58.37
Unity buy 44% 56% volume index 0.83 MFI 39.92
UPDC buy 19% sell 81% volume index 2.66 MFI 72.81
Upl buy 0% MFI 47.34
Veritas buy 50% sell 50% volume index 0.99 MFI 72.40
Vitafoam buy 20% sell 80% MFI 80.27
Wapco buy � volume index 1.07 MFI 65.87
Wapic buy � MFI 37.71
Wema buy 50% sell 50% MFI 62.49
Zenith buy 40% sell 60% MFI 65.53

Investdata Weekly Sentiment Report

Ambrose Here Again,

Are you watching the news? Especially finance and economic related ones.

No matter where you are, what your beliefs or political affiliations are, I know what it does to you. I know how it makes you feel.

It makes you feel like it’s impossible to gain certainty and direction in the market. Especially in this environment where goods and services are going up and income is still stagnant.

But what is the common MYTH we all have in our mind is?. The myth is that you need the outside world to be okay for you to be financially free.

But the TRUTH is that you must get solid, anchored, grounded, so certain and secure in your mind that you initiate the change.

As a result, you need to equip yourself with the required skills in the market so that you get the best out of Q4. While others are complaining, you are smiling and grateful that you took action.

Because...

You understand that it is not within your control. Fuel hike is not within your control, the recent increase in the electric bill is not within your control; the prices of food and beverages, inflation, etc

What you can control is your ability to develop and plan how to profit from the market.

The MasterClass Registration will be opening soon.

Don't be a slacker... Join the smart investors and smile while others are complaining.


Best
Ambrose Omordion

Sentiment Report for the week Ended September 3, 2021

NGXASI buy 25% sell 75% volume index 0.82 MFI 73.14
Access buy 62% sell 38% volume index 1.33 MFI 68.95
Afrprud buy � MFI 33.55
Aiico buy � MFI 28.47
Caverton buy 29% sell 71% volume index 1.50 MFI 38.08
Chams buy 25% sell 75% volume index 3.82 MFI 45.36
Chiplc buy 37% sell 63% volume index 3.41 MFI 43.13
Courtville buy 0% MFI 84.14
Custodian buy � MFI 77.62
Cutix buy 0% MFI 79.94
Dangcem buy � MFI 84.60
Dangsugar buy 0% MFI 66.81
Eterna buy 39% sell 61% volume index 1.03 MFI 64.95
Eti buy 0% MFI 68.40
Fbnh buy � MFI 59.93
Fcmb buy 29% sell 71% MFI 61.82
Fidelity buy 14% sell 86% volume index 0.72 MFI 58.99
Fidson buy � volume index 1.52 MFI 85.72
Fmn buy � volume index 1.02 MFI 40.46
Ftn buy 0% volume index 4.80 MFI 70.62
GTCO buy 80% sell 20% MFI 17.31
Honyflour buy 20% sell 80% volume index 3.57 MFI 96.00
Jaiz buy 0% volume index 1.12 MFI 29.59
Jagold buy 0% MFI 44.53
Jberger buy � volume index 1.20 MFI 96.26
Lasaco buy 0% MFI 50.41
Learn buy � MFI 79.78
Linkass buy 0% MFI 44.97
Lvstk buy 0% volume index 2.65 MFI 59.03
Mansard buy 67% sell 33% MFI 48.66
Mben buy 0% volume index 1.59 MFI 11.63
Nahco buy 91% sell 9% volume index 1.47 MFI 82.40
Neimeth buy 70% sell 30% volume index 1.54 MFI 57.77
Nem buy 35% sell 65% volume index 0.91 MFI 58.27
Nestle buy � MFI 25.45
Npf buy 0% MFI 33.76
Oando buy 9% sell 91% volume index 1.60 MFI 76.03
Prestige buy � MFI 39.34
Pz buy 20% sell 80% MFI 69.85
Regalins buy � volume index 0.89 MFI 65.24
Royalex buy 0% MFI 32.12
Sovrenins buy � volume index 1.35 MFI 33.24
Stanbic buy 0% MFI 54.88
Sterling buy 0% MFI 26.48
Transcorp buy � volume index 3.20 MFI 45.55
Uacn buy 0% MFI 43.91
Uba buy 83% sell 17% MFI 62.55
Ubn buy 22% sell 78% MFI 23.14
Ucap buy 96% sell 4% volume index 1.18 MFI 58.37
Unity buy 44% 56% volume index 0.83 MFI 39.92
UPDC buy 19% sell 81% volume index 2.66 MFI 72.81
Upl buy 0% MFI 47.34
Veritas buy 50% sell 50% volume index 0.99 MFI 72.40
Vitafoam buy 20% sell 80% MFI 80.27
Wapco buy � volume index 1.07 MFI 65.87
Wapic buy � MFI 37.71
Wema buy 50% sell 50% MFI 62.49
Zenith buy 40% sell 60% MFI 65.53

Investdata Weekly Sentiment Report

Questions and Answers with Ambrose Omordion as at 4th September 2021

Hello Investors and Traders,

I just posted Questions and Answers with Ambrose Omordion as of 04/09/2021.

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://www.youtube.com/watch?v=u16rAQnFJEk

Ambrose Omordion

THE BUY AND SELL SIGNAL

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 new bullish base


However, you need to log in 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 wait for no one.

Mixed Trend Ahead, As Investors Bet On Interim Div Banks, More Stocks Enter ‘Buy’ Range


Market Update for the Week Ended Sept 3 and Outlook for September 06-10

The beginning of the new month brought rekindled buying interests on the Nigerian Exchange, with mixed sentiments, amidst position-taking in interim dividend-paying banking stocks, industrial Goods, and medium cap companies. Also, the All-Share index’s action suffered losses within the period due to selloffs from the recent rally witnessed in the previous month.

The week under review, incidentally had the last two days in the last two days of August and the beginning of September and had three mixed sessions of pullbacks and two of rebounds that reflected the changing sentiment or psychology of market players. The month of September in recent years has been kind to investors, given what has come to be known as the September Effect. The market has been mixed but has been positive in recent years as revealed by Investdata 10-year historical data. This has added a level of uncertainty in the economy and in the market.

However, the market remains the place to be, since results from the half-year earnings season beat expectations and many companies grew their revenue, while investors await the results of other interim dividend-paying stocks. Zenith Bank retained its 30 kobo payout, and Access Bank grew its payout from 25 kobo to 30 kobo for the half-year period. This means several things to investors, but for income investors these are always good stocks to buy despite the low liquidity and profit-taking from medium and low cap stocks that rallied in August, followed by the early positioning in September. Both months are very dicey and mixed in outlook, but August closed positive, defying historical trends due to the change in the trading environment.

This also is likely to influence September depending on news, events, government policy, and market conditions in the new month. In the first full trading week of September, we expect mixed trends as investors continue to digest the results of first-tier banks that were released recently in expectation of more as the CBN approves other results.

In recent years’ historical data has revealed that September is a position-taking period that lasts throughout the ember months and year-end due to seasonality associated with year-end. This is time to target sectors that drove the GDP growth while buying value and growth stocks with high upside potential.

To navigate the rest of the quarter and year profitably, order for Investdata’s video on Technical Analysis Made Easy for Profitable Trading to enhance trading decisions and boost your bottom line. Also, to up your game in stock trading and investing, understanding the key to trading price and index action will go a long way to make the difference in your trading results, check out the video materials below.

Movement Of NGXASI

The NGX index’s action traded mixed for the period under review with three sessions of down markets and two up amidst improved buying sentiments that failed to reverse the bear dominance. The market finally closed lower on a high traded volume and negative breadth.

The week’s trading opened on a negative note, after shedding 0.70%, which was extended to Tuesday and midweek when the index dropped by 0.27% and 0.17% respectively on selloffs and profit booking. The trend changed by Thursday and Friday on rekindling demand for banking stocks and others as the composite index inched up by 0.07% and 0.02% respectively, resulting in a cumulative 0.57% loss for the week, compared to the previous week’s 0.01% gain.

During the period, the key performance index lost a cumulative 224.64 basis points, closing at 39,261.09bps from its opening level of 39,485.65bps, after touching an intra-week low of 39,170.92bps from its highs of 39,534.81bps on mixed sentiments, profit-taking in medium and low cap stocks. Also, market capitalization fell by N117.04bn, closing at N20.46tr, compared to the previous week’s N20.57tr, which also represented a 0.57% value loss.

During the week the share price of University Press was adjusted for the dividends of five kobo recommended by the directors.

Low-priced stocks dominated the advancers’ table for the week, as players positioned in Transcorp Hotel, Skyway Aviation, Presco, Cornerstone Insurance, AIICO Insurance, and Prestige Assurance, among others, due to the continued repositioning of portfolios as the market oscillated and changed the trading environment. Price actions revealed the presence of sellers in the market, a situation that reflected on the sectorial indexes

Market breadth for the period was negative despite the seeming rebound on high traded volume to signal position-taking and accumulation phases, as the losers’ outnumbered gainers in the ratio of 35:26, on a mixed sentiment showing 25% ‘buy volume and 75% sell position. Money Flow Index dropped slightly to 71.87bps from the previous week’s 73.50 points, an indication that funds left the market.

NSEASI WEEKLY CHART MOVEMENT

From the above chart, and judging by the NGX index’s action, the market is still oscillating within a consolidating rectangle as it pulls back after forming a double top chart pattern on a weekly time frame, with the candlestick formation indicating weakness and selloffs among traders, but we need to watch out for a reversal in the new week as all eyes are on the remaining financials of interim dividend-paying stocks and the expected economic data that should further support market fundamentals to attract liquidity. Already, the daily chart has signaled a reversal is underway.

Bearish Sectoral Indices

All the sectorial performance indexes were down during the week, except for the NGX Insurance that closed 0.79% higher, while the NGX Oil/Gas led the decliners after shedding 2.96%, followed by Consumer Goods, Industrial Goods and Banking with 01.34%, 0.89%, and 0.58% respectively. Transactions in volume and value terms were up, with investors exchanging 1.34bn shares worth N8.65bn, compared to the previous week’s 1.03bn units valued at N8.18bn. The week’s volume was driven by Financial Services, Conglomerates, and Consumer Goods, particularly Transcorp, Honeywell Flour Mills, Access Bank, Zenith Bank, and GTCO.

Transcorp Hotel and Skyway Aviation were the best performing stocks for the week were after gaining 10% and 9.46% respectively, closing at N5.17 and N4.05 per share respectively on market sentiments and forces. On the flip side, Oando and Mutual Benefits Assurance lost 15.21% and 12.50% respectively, at N4.07 and N0.28 per share, purely on profit-taking and market forces

Outlook for the week

We expect a mixed trend as investors and traders look to results of the remaining first-tier banks, while many stocks enter their buy range to attract funds into the equity space, just as institutional and other investors digest the Q2 GDP growth ahead of the August inflation report and the MPC meeting slated for September 20 and 21, 2021, as well as the continued repositioning of portfolios for the year last quarter. Also, investors are still observing the interplay of forces in the FX market as the CBN gives a guideline for the new digital currency platform. The week’s high volume suggests that institutional investors and others are still in the market looking at the numbers. It is noteworthy that oil prices rebounded in the international market; corporate actions, as well as the interim dividend possibilities, are around the corner.

INVESTDATA Q4 MASTER CLASS OPEN FOR REGISTRATION

Theme Road To Wealth: Avoiding Financial Lockdown In Q4 & Beyond

Sub-Topics

The Power of Earnings: Best Trading Strategies To Grow Your Portfolio, By (AlhajiGarbaKurfi, MD/CEO, APT Securities & Funds Ltd)
The Road Ahead For The Economy & Impact of PIB On Equity Market, By Mr. AbiolaRasaq, CSCS).
Classical Chart Patterns For High Powered Profits In Any Market Cycle, By Mr. Ambrose Omordion, Chief Research Officer, Investdata Consulting Ltd
Are you interested in building wealth and improving your trading results through tested and effective investing strategies for the rest of the year and beyond? Smart domestic investors, like Aliko Dangote, Jim Ovia, Tony Elumelu, TY Danjuma, and Abdul SamadRabiu, among others, recognise the power of creating wealth through stock trading and investing.

This Q4 masterclass is for you, because it will help you follow exact steps in real time and target one of the most active time frames in the market. It doesn’t matter how the government is creating new money and credits, or what tricks they are employing, or how they spin them ….

Nigeria has entered one of the greatest inflationary periods despite the seeming slowdown in the last four months. Inflation is not a threat. It is government policy from this point forward that will push million of Nigerians down …. Out of the middle class…out of private retirement, healthcare and decent lives, based on independence and privacy… into a collective nightmare we call financial lockdown.

This is what happens when people are trapped by their own collapsing currency, such that they become deeply indebted. Inflation causes huge distortions in the economy and in the markets, so its critical that you take the necessary steps to ensure you are not left behind.

We have put together this Q4 masterclass to help market players avoid those needless losses and build a profitable portfolio that has high ROI…… Especially in a volatile market, when you don’t know which way up….

Participants will learn the following

How to trade earnings to boost their portfolio bottom line
The relationship between equity price movement and power of earnings
The road ahead, which sector and industry have the potential to drive profit that will support equity prices
How to simplify price action analysis on any time frame
How to filter out market noise and identify the most opportune time to join any market
Tradeable chart patterns and candlestick formations that signal real money making opportunities
Trend trading secrets for profitable trades and minimal risk
Five hot stocks that beat inflation and deliver over 25% in 90-day investment windows.
Date: October 2. 2021

Time: 9 am Prompt

Fee: N50,000 per participant

Venue: ZOOM

However, with less than 27 days to Q4 Master class October 2, 2021, you need to make money and avoid financial lockdown, boost your trading bottom line. Don’t miss this opportunity.

During this practical session our top industry experts will reveal profitable trade ideas and opportunities in Q4 to consolidate your gains and ride on year-end seasonality to maximize returns. That is what you can implement immediately to start tracking the result by yourself and the investdata Research team on your behalf. You definitely want to be among the smart traders and investors in Q4. So, send “YES” or “STOCKS” to 08028164085 and 08179547605.

Meanwhile, the home study packs on Comprehensive Stock Market trading course video,Stock Market Analysis Beyond Fundamental & Technical Analysis, INVEST 2021 New Opportunities & New Paths To Profits Summit materials and 10 Golden Stocks for 2021, Strategies and How to invest profitably in this Changing Market Dynamics/ Recession, Mastering Earnings Season For Profitable Investing and Trading in any market situation/ cycles, Life Beyond COVID 19 Investment Opportunities In The Stock Market are now available. To obtain your pack send ‘Yes’ or ‘Stock’ to 08028164085, 08179547605 now.

Ambrose Omordion

Q4 Masterclass now open for Registration...

Hello Investors and Traders,


It’s Ambrose here…


And here’s the BIG Announcement that I promised and I am very sure that you can't wait to get started immediately:

Frankly, I have been sending you different posts for the past weeks to alert and prepare you for the massive opportunity to profit in Q4.

Especially regarding the preparation, planning, and a complete discussion on how to profit from the market. Also, we will be analyzing 5 hot stocks that will beat both inflation and interest rate within the next 3 months.

So, are you in or out. The choice is Yours as

I hereby announce The InvestData MasterClass. Themed ROAD TO WEALTH: AVOIDING FINANCIAL LOCKDOWN IN Q4 & BEYOND

TIME: 9 am
Date: 2nd October 2021

This is a bull eye workshop you must not miss if you are sincerely serious about making the best out of the market in Q4 whether you are a novice, intermediate or advanced trader.

Apart from that, it will also open doors of investment opportunities because you will be able to take action starting from the 4th of October, 2021, and smile at the bank while other slackers complain.

Hence, click on the below link to get started and register before it ends.

http://workshop.investdataonline.com

AND because I love rewarding people who TAKE ACTION…

==========
The First (30) Investors to Enroll:
==========

If you are one of the first 30 people to enroll before 20th September 2021, you will be getting the early birth discount.

However, This is ONLY available within the next 11days. So, decide if you are in to save more.

Dedicated to your Financial Success
Ambrose Omordion

Sentiment Report for September 7, 2021

NGXASI buy 30% sell 70% volume index 1.52 MFI 46.94
Access buy 50% sell 50% volume index 7.44 MFI 81.65
Afrprud buy � volume index 1.85 MFI 68.53
Aiico buy � MFI 60.47
Caverton buy 0% MFI 46.12
Chams buy � MFI 46.40
Dangsugar buy 0% volume index 1.13 MFI 20.73
Eti buy 0% MFI 8.08
Fbnh buy 50% sell 50% volume index 9.08 MFI 30.23
Fcmb buy 0% MFI 47.63
Fidelity buy � volume index 0.78 MFI 17.02
Ftn buy � MFI 68.55
GTCO buy 0% MFI 39.49
Honyflour buy � MFI 83.70
Jagold buy � MFI 37.85
Lvstk buy 50% sell 50% volume index 1.21 MFI 60.49
Mansard buy � volume index 0.70 MFI 36.11
Mben buy 33% sell 67% volume index 1.27 MFI 30.23
Nahco buy � MFI 54.10
Oando buy 88% sell 12% MFI 18.05
Prestige buy � volume index 0.88 MFI 19.65
Sterling buy 86% sell 14% MFI 16.30
Transcorp buy 0% MFI 21.00
Uacn buy � volume index 1.73 MFI 70.46
Uba buy 0% volume index 2.22 MFI 41.05
Ucap buy � volume index 2.33 MFI 66.20
Unity buy 0% volume index 0.92 MFI 5.98
UPDC buy 73% sell 27% volume index 1.08 MFI 74.32
Veritas buy 0% MFI 44.76
Wema buy 60% sell 40% volume index 1.63 MFI 44.36
Zenith buy 0% volume index 1.81 MFI 62.20

Investdata Daily Sentiment Report

WORDS TO TRADE BY

"All intelligent investing is value investing - acquiring more that you are paying for. You must value the business in order to value the stock."

― Charlie Munger

Good investing is all about figuring out an investment's true worth when everyone else around you doesn't seem to recognize it. Buying a stock for less than what the company is worth puts you ahead of the game once its value starts to climb. But, of course, you must believe in it to make such an investment.
That's where your trading plan and research come in handy. Take the time to learn about the market you're investing in. Become as knowledgeable about it as possible. That way, you'll better understand the difference between a good trade and an excellent trade!

Sentiment Report for the Week Ended September 10, 2021

NGXASI buy 9% sell 91% volume index 1.12 MFI 64.46
Access buy 0% volume 3.34 MFI 82.06
Afrprud buy 88% sell 12% MFI 41.70
Aiico buy 63% sell 37% MFI 28.84
Airltel buy 0% volume index 7.86 MFI 44.65
Cadbury buy 0% MFI 64.69
Cap buy � MFI 22.18
Caverton buy 0% volume index 1.25 MFI 39.51
Chams buy � MFI 45.36
Chiplc buy 75% sell 25% volume index 0.84 MFI 35.90
Corner buy 0% volume index 1.87 MFI 26.72
Courtville buy 0% volume index 0.87 MFI 78.62
Custodian buy � MFI 77.40
Cutix buy � volume index 1.19 MFI 80.76
Dangsugar buy � MFI 67.83
Eti buy 0% volume index 0.80 MFI 67.08
Fbnh buy 75% sell 25% volume index 3.26 MFI 74.95
Fidelity buy 0% MFI 61.16
Fmn buy � MFI 41.62
Ftn buy 75% sell 25% MFI 70.27
GTCO buy 6% sell 94% MFI 14.13
Honyflour buy 30% sell 70% volume index 1.26 MFI 96.54
Jaiz buy 0% volume index 0.81 MFI 26.10
Jagold buy 67% sell 33% MFI 28.10
Jberger buy � MFI 100.00
Lasaco buy 0% MFI 53.22
Learn buy 0% MFI 80.57
Linkass buy 0% volume index 2.56 MFI 56.10
Lvstk buy 54% sell 46% volume index 1.89 MFI 54.31
Mansard buy 17% sell 83% MFI 41.49
Maybaker buy 0% volume index 1.65 MFI 54.56
Mben buy 60% sell 40% volume index 1.38 MFI 20.03
Nahco buy � volume index 0.90 MFI 82.85
Neimeth buy 0% MFI 58.06
Nem buy 0% volume index 0.80 MFI 46.59
Npf buy 0% MFI 36.90
Oando buy 93% sell 7% volume index 1.12 MFI 77.07
Prestige buy � MFI 36.54
Regalins buy 60% sell 40% MFI 54.70
Royalex buy 0% MFI 32.12
Sovrenins buy � volume index 0.98 MFI 38.23
Stanbic buy 0% volume index 1.33 MFI 54.66
Sterling buy 12% sell 88% volume index 0.73 MFI 26.72
Transcorp buy 0% MFI 45.72
Uacn buy 32% sell 68% MFI 47.52
Uba buy 29% sell 71% volume index 1.00 MFI 59.30
Ucap buy 73% sell 27% volume index 1.15 MFI 70.70
Unity buy � MFI 44.05
UPDC buy 27% sell 73% volume index 1.52 MFI 65.49
Upl buy 0% volume index 0.87 MFI 31.33
Veritas buy 67% sell 33% volume index 1.45 MFI 46.30
Vitafoam buy � MFI 79.65
Wapco buy 0% volume index 0.89 MFI 75.77
Wapic buy 50% sell 50% volume index 0.93 MFI 34.70
Wema 0% volume index 1.78 MFI 53.19
Zenith buy 65% sell 35% MFI 61.66

Investdata Weekly Sentiment Report

Expect Mixed Trend As Investors Digest Tier-1 Banks’ Results, Others


Market Update for the Week Ended Sept 10 and Outlook for September 13-17

The week under review was bearish on negative sentiments and selloffs across all classes of stocks, especially the high cap companies dragging the composite NGX All-Share index down. The selloffs were heightened when half-year audited results that came from the remaining first-tier banks came mixed in performance, as numbers from Guaranty Trust Holding Company and Stanbic IBTC were below market expectations and analysts projection, just as that of FBN Holdings, despite the interim dividends they declared. Score-cards from Access Bank, UBA, and Fidelity Bank were, however, impressive with growth in dividend payout, while Zenith Bank’s report was flat, but the directors maintained the interim dividend of 30 kobo.

The pullbacks in the first full trading week of September is expected, as it creates ‘buy’ opportunities in a volatile and correcting market ahead of the August Inflation report, end of the quarter window dressing, Q3 earnings reporting season, and the Monetary Policy Committee (MPC) meeting later in the week. Meanwhile, the market’s Price to Earnings Ratio remains below 12x, revealing the undervalue state of many equities on the exchange, added to the high earnings and dividend yields to guide position-taking ahead of 2021 full-year numbers as the final quarter draws closer.

The month of September in recent years has been kind to investors, given what has come to be known as the September Effect. The market has been mixed, but positive in recent years as revealed by Investdata’s 10-year historical data. This has added a level of confidence despite the pullbacks and uncertainty in the economy.

This also is likely to influence September depending on news, events, government policy, and market conditions in the month. In the new week, we expect mixed trends as investors continue to digest the results of the remaining first-tier banks that were released during the week.

In recent years’ historical data shows that September is a position-taking period that will last throughout the ember months to year-end, due to seasonality associated with the year-end. This is time to target stocks in sectors that drove the GDP growth as revealed by the report of the National Bureau of Statistics (NBS), while not leaving out value and growth stocks with high upside potentials. Also noteworthy is the fact that oil prices rebounded in the international market to trade above $70 and support the nation’s external reserves and foreign exchange market at a time the Naira continues to devalue in the black market.

To navigate the rest of the quarter and year profitably, order for Investdata’s video on Technical Analysis Made Easy for Profitable Trading to enhance trading decisions and boost your bottom line. Also, to up your game in stock trading and investing, understanding the key to trading price and index action will go a long way to make the difference in your trading results, check out the video materials below

Movement Of NGXASI

It was a bearish week with five sessions of down markets, as the NGX index action opened the period on a negative note, extending the previous week’s negative outing on a very high traded volume and negative breadth, closing below the 39,000 psychological line.

The week’s trading started on a negative note that was sustained through the period before giving up 0.71% on Friday, resulting in a deeper cumulative 0.86% loss for the week, compared to the previous week’s negative position of 0.57%.

Consequently, the benchmark index lost 339.28basis points, closing at 38,921.78bps from its opening level of 39,261.01bps, after touching an intra-week low of 38,887.11bps from its highs of 39,290.84bps on selling sentiments in high, medium, and low cap stocks. Also, market capitalization fell by N177.04bn, closing at N20.28tr, compared to the previous week’s N20.46tr, which also represented a 0.86% depreciation in value.

During the week under review, medium and low-priced stocks dominated the advancers’ table for the week, as players positioned in Oando, FTNCocoa, United Capital, Vitafoam, Julius Berger, International Breweries, Regency Insurance, Mutual Benefits, ABC Transport, and Honeywell among others. This was due to the continued repositioning of portfolios as the market correct and changed the trading environment after price actions revealed the presence of sellers in the market, a situation that reflected on the sectorial indexes

Market breadth for the period was negative on high traded volume, with the market recording the highest decline on Friday to signal the wait-and-see attitude among traders, with the losers’ outnumbering gainers in the ratio of 34:25. The selling pressure was also revealed by the investors’ sentiment report showing just 9% of buy volume and 91% of sell position. Money Flow Index dropped slightly to 63.36bps from the previous week’s 71.87 points, an indication that funds left the market.

NSEASI WEEKLY CHART MOVEMENT

The NGX index’s action, revealed a change in trend within a consolidating rectangle as it pulls back after forming a double top chart pattern on a weekly time frame, with the candlestick formation indicating weakness and selloffs among traders. However, we need to watch out for a reversal in the new week as traders review and digest the financials of interim dividend-paying stocks and the expected economic data that should further support market fundamentals to attract liquidity.

Mixed Sectoral Indices

Performance indexes across the sectors were mixed during the week, except for the NGX Industrial Goods that closed flat, while the NGX Oil/Gas and Consumer Goods closed 2.28% and 0.18% higher respectively, while the NGX Insurance and Banking indexes closed 3.39% and 0.96% lower respectively. Activities in volume and value terms were up, with investors exchanging 1.43bn shares worth N13.07bn, compared to the previous week’s 1.34bn units valued at N8.65bn. The week’s volume was driven by Financial Services, Conglomerates, and Consumer Goods, particularly Access Bank, FBNH, UBA, Zenith Bank, and GTCO.

Oando and FTNCocoa were the best-performing stocks for the week, after gaining 14% and 11.11% respectively, and closing at N4.64 and N0.50 per share respectively on market sentiments and forces. On the flip side, Cornerstone Insurance and UPDC lost 15.79% and 10.86% respectively, at N0.48 and N1.61 per share, on profit-taking and selloffs.

Outlook for the week

We expect a mixed trend as investors and traders digest the results of first-tier banks and happenings in the money market as TB rates inch up, just as many stocks enter their buy range to attract funds into the equity space. Also, institutional and other investors look forward to the August inflation report and the MPC meeting slated for September 16 and 17, 2021, as well as the continued repositioning of portfolios for the last quarter. Also, investors are still observing the interplay of forces in the FX market as the CBN gives a guideline for the new digital currency platform. The week’s high volume suggests that institutional investors and others are still in the market looking at the numbers. It is noteworthy that oil prices rebounded in the international market; corporate actions, as well as the interim dividend possibilities, are around the corner.

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The Road Ahead For The Economy & Impact of PIB On Equity Market, By Mr. AbiolaRasaq, CSCS).
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CRO|Investdata Consulting Ltd
info@investdataonline.com
info@investdata.com.ng
ambrose.o@investdataonline.com
ambroseconsultants@yahoo.com
Tel: 08028164085, 08179547605

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Questions and Answers with Ambrose Omordion

will hold Saturday 18/09/2021. Time: 12:00noon

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Join Zoom Meeting
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Ambrose Omordion

NGXASI buy � MFI 27.32
Access buy 50% sell 50% MFI 73.87
Chams buy 0% MFI 9.72
Chiplc buy 0% MFI 67.33
Fbnh buy � MFI 62.02
Fidelity buy 33% sell 67% MFI 36.07
Honyflour buy 54% sell 46% MFI 74.45
Mansard buy 17% sell 83% volume index 3.57 MFI 21.60
Maybaker buy � volume index 1.92 MFI 22.63
Mben buy � MFI 31.10
Mtnn buy � volume index 4.17 MFI 100.00
Nahco buy � MFI 38.66
Nem buy � volume index 1.43 MFI 53.64
Oando buy � MFI 38.95
Sovrenins buy 0% MFI 45.11
Sterling buy 0% MFI 19.54
Transcorp buy � MFI 20.19
Uba buy � MFI 47.08
Ucap buy 67% sell 33% volume index 2.06 MFI 71.06
Unity buy 0% MFI 8.76
UPDC buy � volume index 1.36 MFI 56.74
Wema buy 0% MFI 3.83
Zenith buy 60% sell 40% volume index 1.17 MFI 48.32

Investdata Daily Sentiment Report