₦airaland Forum

Investdata Daily Sentiment Report as at March 13th, 2019

NSEASI buy 12% sell 88% MFI 28.04
Access buy 75% sell 25% MFI 35.60
Afrprud buy � volume index 2.17 MFI 75.40
Aiico buy � volume index 0.80 MFI 40.16
Dangcem buy 23% sell 77% volume index 1.30 MFI 46.38
Dangflour buy 0% MFI 69.62
Diamond buy 0% MFI 48.39
Eti buy 0% MFI 61.20
Fbnh buy 50% sell 50% volume index 2.62 MFI 68.82
Fcmb buy 0% MFI 47.57
Fidelity buy 0% MFI 31.87
GT buy 0% MFI 55.78
Jaiz buy 0% MFI 54.02
Japaul buy 0% volume index 1.47 MFI 41.14
Mben buy � volume index 3.21 MFI 41.58
Oando buy � MFI 60.48
Transcorp buy � MFI 40.62
Uba buy 25% sell 75% MFI 52.96
Ubn buy � volume index 0.83 MFI 92.89
Ucap buy � volume index 1.73 MFI 26.14
Unity buy 0% volume index 3.28 MFI 12.11
Veritas buy 0% MFI 13.42
Vitafoam buy � volume index 1.14
Wapic buy 0% MFI 54.70
Wema buy 33% sell 67% volume index 0.96 MFI 31.24
Zenith buy 43% sell 57% volume index 1.29 MFI 39.62

https://investdataltd..com/2019/03/investdata-daily-sentiment-report-as-at_13.html

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 download.

Furthermore, you need to login on 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/

To Your Success
Investdata Consulting.

P.S. You need to act fast. You know time wait for now.

Indicators Remain Flat On NGSE As Dividend Stocks Amidst Low Confidence

Market Update for March 11
Nigerian Stock Exchange’s composite index had another volatile down session on Monday to kick start the week on a negative, while extending the bearish sentiments to the fourth consecutive day of pullbacks. This was as market players continued to digest the recent corporate earnings in the midst of low liquidity and the already rattled investor confidence.

Trading for the day started out on a downside movement in the morning, with the index bouncing around all day, before finally closing the session lower on a low traded volume after touching intraday lows of 31,636.66 basis points, from highs of 31, 792.81bps.

The prevailing negative sentiments over the weeks were supported by few happenings such as the missed forecast of the presidential poll winner, low liquidity in the equity market and the seeming lack of direction with the government yet to roll out its economic policy and reforms which would propel growth and development, while attracting smart money and local investors.

This is because major factors driving the nation’s stock market depend on foreign investors entering and exiting. Worse still is the fact that there is no hope yet that the 2019 budget could be passed by the eight National Assembly before the May 29, end of its lifespan.

Consequently, playing dividend stocks remain the option for many traders and investors, with all their eyes on the qualification and markdown dates to guide movement of funds from one to the other.
Monday’s market technicals were negative but mixed, with lower transacted volume in the midst of negative breadth and very high selling pressure, as revealed by Investdata’s Daily Sentiment Report, showing a 100% sell position and 0% buy volume on a daily transaction volume index for the day at 0.36.

The energy behind the day’s market performance were down sharply, reflecting the negative sentiments as shown by the money flow index at 37.46points, from previous day’s 43.86bps, indicating that more funds are leaving the market and some stocks.
Index and Market Cap

The NSE benchmark All Share index (NSEASI), at the end of the day trading session shed 287.85 points to close at 31,636.66bps from 31, 924.51bps, representing a 0.90% decline; while market capitalization lost N107.34bn to at N11.80tr, from an opening value of N11.91tr, also representing a 0.90% value loss.

Attention: Join Investdata buy and sell signal setup to get all our in-depths analysis on the picture and to get access to our carefully created watch list. To become a member, send ‘YES’ or ‘STOCKS’ to the phone numbers below. The number of stocks on our watchlist has increased due to the prolonged market correction. Take advantage of this service to buy right and sell right during this earnings season and beyond.

The continued downturn was driven by selloffs in medium and high cap stocks like, Nestle Nigeria, Okomu Oil, Dangote Flour, International Breweries, Lafarge Africa, ETI, UBA, UBN FCMB and Transcorp, among others. This impacted negatively on Year-to-Date gains, which reduced to 0.66%, and market capitalization, N340.83bn from the year’s opening level of N11.72tr, representing a 0.66% growth.

Bearish Sector Indices
All the sectoral performance indices closed lower, except for the NSE Oil/Gas that was flat, just as market breadth remain negative as decliners outnumbered advancers in the ratio of 19:14.

Market activities were mixed with volume down by 44.57% to 128.38m shares from 233.29m units last Friday, while value rose marginally by 5.08% to N2.39bn from the previous day’s N2.27bn. Volume was driven by financial services stocks like: FBNH, Zenith Bank, UBA, Access Bank and Guaranty Trust Bank.

Cadbury and Mutual Benefits Assurance were the best performing stocks for the session, gaining 10% and 8.70% respectively to close at N12.10 and N0.25 per share, purely on market sentiment and forces. On the flipside, Cornerstone Insurance and Sterling Bank led, losing 8.70%% and 8.51% respectively to close at N0.21 and N2.15 each, on profit taking.

Market Outlook
We expect a slowdown in profit taking while volatility may continue in the midst of more 2018 financials expected as market players adopt the wait-and-see attitude in face repositioning for 2019 dividend declaration season and relative peace to shape market performance in the interim. We advise cautious trading and investing while positioning in fundamentally sound equities.

Volatility will also continue as investors and fund managers reposition their portfolios, with eyes fixed on earnings reports, but investors should review their positions in line with their investment goals, strength of the company numbers and act as events unfold in the global and domestic environment.

However, we would like to reiterate our advice that investors should go for equities with intrinsic value,
We advise also that investors should allow numbers guide their decisions while repositioning in any stock, especially now that stock prices remain low in the midst of mixed company numbers, weak economic and market fundamentals.

Upcoming! Upcoming!! Upcoming Stock Market Trading and Investing Education At Abuja
Invest 2019 Post-Elections Bulls & Bears Workshop
Will cover the following:
1. Outlook for 2019 and Post-Election Expectations
2. Enhancing cash flow through Playing Dividend Stocks
3. Sectoral Analysis and Projections that support Stock Prices
4. How Government Policies & Reforms influence market performance
5. How to invest in equities, using Quarterly Earnings for Profitable Returns

The Comprehensive Home Study Pack of our Invest 2019 Traders & Investors summit held in Lagos (containing 10 golden stocks for 2019), will be on sales at N20, 000 each. First 25 persons to register at venue will get 35% discount.
Venue: Chida International Hotel, Plot 224 Solomon Lar Way, Utako District Abuja
Date: March 23, 2019
REGISTRATION IS FREE

Expected Takeaways from this workshop include:
A. How to identify stocks that are outperforming the market
B. How to ensure juicy returns using low risk trading strategies in any prevailing market
C. Avoiding BEAR/BULL traps in 2019
D. knowing the quality of Earnings that drive equity prices, support payouts

TAKE ACTION
The difference between you and others who are not aware of what I am sharing with you is ACTION. Take action that will transform your life throughout 2019 and beyond by getting the just concluded and life transforming INVEST 2019 TRADERS & INVESTORS SUCCESS SUMMIT Home study pack (USB) that you can play on your phone, Laptop and Television set.

The event, which held on Saturday, December 8, 2018, was yet another successful, insightful and educative outing that not only offered direction as to where investors should look for a profitable trade in 2019, insight into industries, sectors and companies to seek worthwhile returns. What stocks should you buy? Grab the pack for the 10 Golden Stocks with possibility of offering in 2019 multiples of what broader stocks do, coming out of this market correction environment

Don’t sit on the Fence call or text Stock to 08028164085, 08032055467, and 08111811223 now.

Ambrose Omordion
CRO|Investdata Consulting Ltd
info@investdataonline.com
info@investdata.com.ng
ambrose.o@investdataonline.com
ambroseconsultants@yahoo.com
Tel: 08028164085, 08032055467
https://investdata.com.ng/2019/03/indicators-remain-flat-on-ngse-as-dividend-stocks-amidst-low-confidence/

Visionscape N4.85bn 15.75% Environmental Note Not Listed On NGSE

In what may mean that subscribers are under their own and reminiscent of the days of capital raising through private placement in the Nigerian capital market, management of the Nigerian Stock Exchange (NSE), on Monday said the Lagos State Government’s N4.85 Billion, 15.75% Series 1, Tranche B, Environmental Note, which suffered default in repayment of the coupon and principal on the Municipal Note due on Tuesday, 5 March 2019, is not listed on its platform for trading.

This first payment for the due incomes to investors in the Fixed Interest Rate Medium Term Note which ought to be in nine equal payments spanning four and half years was reportedly not made.

This is coming after the Securities & Exchange Commission (SEC), on Friday, in a own statement on its website, argued that “being an issuance by a private company, it was not offered to the public, but to qualified investors by private placement.”

The SEC’s statement was despite the fact that although MWMCL, a company promoted by Visionscape Sanitations Solutions Limited, issued the bond, it is backed by an Irrevocable Standing Payment Order (ISPO) of the Lagos State Government. It was to secure the financing structure by charging it on the State’s Internally Generated Revenue account/ Environmental Trust Fund.

The Exchange said it reacted to the story because it “has the likelihood of dampening investors’ confidence in the Nigerian capital market.”

According to the NSE, “the Municipality Note was not listed on The Nigerian Stock Exchange. As part of its regulatory oversight to safeguard investors in the Nigerian capital market, The Exchange takes steps to satisfy itself that the financial and other advisers have done due diligence on all financial instruments listed on The Exchange in order to ensure that the obligations attached to those instruments are met as and when due.

“As part of the requirements for the issuance and the listing of similar debt instruments, The Exchange requires that a Guarantee on the revenue of the State Government is issued, in addition to an approval of the State House of Assembly to back the Notes,” it added.

While assuring of its commitment a fair, efficient and transparent market that guarantees the protection of investors’ rights, the NSE said “the established requirements are necessary to ensure that the risk of default on such instruments when listed on The Exchange are reduced to the barest minimum.”

https://investdata.com.ng/2019/03/visionscape-n4-85bn-15-75-environmental-note-not-listed-on-ngse/

Investdata Daily Sentiment Report as at March 12th, 2019

NSEASI buy 0% MFI 37.46
Access buy 50% sell 50% MFI 33.17
Afrprud buy � volume index 1.85 MFI 69.30
Cadbury buy � volume index 2.42 MFI 59.79
Dangflour buy 0% MFI 65.98
Diamond buy 83% sell 17% MFI 50.95
Fbnh buy � volume index 1.59 MFI 64.34
Fcmb buy 50% sell 50% MFI 47.09
Fidelity buy 0% MFI 39.01
Fmn buy 0% MFI 26.46
Glaxo buy 0% MFI 87.00
GT buy 11% sell 89% MFI 62.64
Honyflour buy 0% MFI 47.10
Japaul buy 0% MFI 46.31
Mben buy � volume index 0.85 MFI 29.29
Nascon buy � volume index 2.35 MFI 96.75
Nestle buy � volume index 3.63 MFI 11.64
Nigerins buy � volume index 1.11 MFI 31.50
Oando buy � MFI 66.98
Sovereins buy 33% sell 67% MFI 90.12
Uba buy 0% MFI 60.57
Ubn buy 0% MFI 89.80
Veritas buy 0% MFI 13.42
Wapco buy 0% MFI 47.58
Zenith buy 56% sell 44% MFI 47.21

https://investdataltd..com/2019/03/investdata-daily-sentiment-report-as-at_12.html

Investdata Market update for the weekend ended 8th March, 2019.


https://www.youtube.com/watch?v=3oEQqPMHRSw

Investdata Weekly Sentiment Reports for the week ended March 8th, 2019

NSEASI buy 23% sell 77% volume index 0.95 MFI 45.08
Access buy 29% sell 71% volume index 0.98 MFI 57.25
Afrprud buy 73% sell 27% volume index 2.09 MFI 70.43
Aiico buy 0% MFI 25.61
Cadbury buy � volume index 0.95 MFI 54.77
Caverton buy 0% MFI 74.97
Ccnn buy 0% MFI 41.10
Cornerst buy 33% sell 67% MFI 92.93
Custodian buy 75% sell 25% volume index 0.88 MFI 38.33
Dangcem buy 0% MFI 49.03
Dangflour buy 59% sell 41% volume index 3.15 MFI 73.16
Dangsugar buy 33% sell 67% volume index 0.75 MFI 63.70
Diamond buy 11% sell 89% volume index 1.23 MFI 81.95
Eti buy 55% sell 45% MFI 44.61
Fbnh buy 45% sell 55% volume index 1.40 MFI 64.40
Fcmb buy 43% sell 57% MFI 73.48
Fidelity buy 50% sell 50% volume index 1.25 MFI 65.80
Fmn buy 0% MFI 67.66
Glaxo buy 0% MFI 43.40
GT buy 72% sell 28% volume index 1.02 MFI 57.91
Honyflour buy 0% MFI 49.44
Jaiz buy 0% volume index 0.76 MFI 91.03
Japaul buy 33% sell 67% volume index 2.91 MFI 69.99
Lasaco buy 0% MFI 55.69
Learn buy 0% volume index 1.36 MFI 74.36
Lvstk buy 0% volume index 1.59 MFI 55.57
Mben buy 20% sell 80% volume index 1.28 MFI 52.83
Mobil buy 0% MFI 43.06
Nahco buy 0% MFI 23.49
Nascon buy 80% sell 20% volume index 2.01 MFI 64.07
Neimeth buy 0% MFI 37.28
Nem buy 0% MFI 85.99
Nigerins buy 0% MFI 35.18
Npf buy 73% sell 27% volume index 1.57 MFI 48.98
Oando buy 50% sell 50% MFI 81.84
PZ buy 52% sell 48% volume index 2.75 MFI 39.41
Red buy 0% volume index 4.36 MFI 61.47
Regalins buy 67% sell 33% MFI 85.60
Royalex buy 0% MFI 81.56
Seplat buy 0% MFI 43.09
Sovereins buy 50% sell 50% volume index 6.41 MFI 56.20
Stanbic buy 75% sell 25% MFI 58.35
Sterling buy 0% MFI 86.54
Transcorp buy � volume index 0.90 MFI 62.07
Uacn buy 23% sell 77% MFI 29.34
Uba buy 13% sell 87% volume index 1.06 MFI 51.27
Ubn buy � MFI 67.33
Ucap buy 20% sell 80% volume index 1.01 MFI 47.75
Unilever buy � MFI 63.82
Uniondac buy 0% MFI 52.57
Veritas buy 0% MFI 10.24
Wapco buy 50% sell 50% MFI 27.58
Wapic buy � volume index 3.01 MFI 55.36
Wema buy � MFI 69.56
Zenith buy 80% sell 20% volume index 1.31 MFI 61.03

https://investdataltd..com/2019/03/investdata-weekly-sentiment-reports-for.html

Train Yourself to Wealth


https://www.youtube.com/watch?v=FdbTjQqkCvo

Investdata Corporate Actions As At Friday, March 8, 2019

https://investdata.com.ng/2019/03/investdata-corporate-actions-as-at-friday-march-8-2019/?fbclid=IwAR2rnDIJ0sZ2VPX3zAJvo35Pypofruc1htMJiQ9QFzBbsxvRye8FSAWe0k0

N4.85bn Default: VisionScape Bond Wasn’t Subject To Prior Review, Approval- SEC Nigeria

In what a seem some sort of contradictory stance, the Securities & Exchange Commission (SEC), on Friday assured that there is no cause for alarm over news report regarding the default in repayment on N4.85bn Visionscape Bond and its role in the transaction.
The transaction, according to the commission’s management in a statement, “was therefore not subject to the prior review and approval of the Commission and does not fall within its regulatory preview, being an issuance by a private company, it was not offered to the public, but to qualified investors by private placement.”

Proshare Nigeria had broken the story that on March 7, 2019 the Lagos State Government was in breach of the terms of the 15.75% Series 1, Tranche B Secured Rate Medium Term Note due in 2022 and Issued by a private company, Municipality Waste Management Contractors Limited.
Payment for the due incomes to investors in the Fixed Interest Rate Medium Term Note which ought to be in nine equal payments spanning four and half years were yet to be made.

Though issued by MWMCL, a company promoted by Visionscape Sanitations Solutions Limited, the bond is backed by an Irrevocable Standing Payment Order (ISPO) issued by the Lagos State Executive Council at its meeting on March 21, 2017, to secure the financing structure by charging it on the State’s Internally Generated Revenue account/ Environmental Trust Fund.
But in another breadth, the management of SEC Nigeria restated commitment to “investor protection and ensuring an efficient, fair and transparent capital market.”
The bond, part of the N50bn Medium Term Note Programme to mobilize assets for residential and general waste collection under the Cleaner Lagos Initiative of the Lagos State Ministry of Environment.

In what may require some explanations going forward, the commission noted that “the Bond was not certified as a Green Bond as portrayed by the media,” as if only subscribers to green bonds would ordinarily enjoy regulatory protection.
Recall that the bond, with a nominal face value of N1, 000 per unit, opened between February 26 and 28, 2018, with price 100% of par value and promised a coupon of 15.75% or N157.50 per unit.

While the tenor is four and a half years, to be repaid in 9 equal semi-annual installments; payments are to be made on March 5 and September 5 of each year in arrears up to and including the Maturity Date, with September 5, 2022 as maturity date.
The Note was assigned ‘A+’ Rating by Rating Agency Agusto & Co and ‘A’ Rating by GCR (formerly known as Duff & Phelps).

https://investdata.com.ng/2019/03/n4-85bn-default-visionscape-bond-wasnt-subject-to-prior-review-approval-sec-nigeria/?fbclid=IwAR3HRCgR-sQu7_RKvp54BZwMJ2mNeovgij5G5ogAy0MBglF14Vzfy0KHjh0

Seeming Lull May Continue On NGSE, As Earnings Season Fail To Sway Investors


Market Update for March 7
It was yet another negative trading session Thursday on the Nigerian Stock Exchange (NSE), as the benchmark index consolidated its losing position arising from continued selloffs across sectors. The decline continues to defy the ongoing earnings reporting season and prevailing high yields, as equity prices decline in the face of mixed corporate earnings and low liquidity.

There is also the impact of low liquidity as smart money had quickly exited the market following the February 23 presidential poll outcome, resulting in low level of activities and sluggish share price movements, with many investors engaging in flight for safety. They may however be waiting in the wings for the Federal Government’s next line of action by way of fiscal policy reforms.

Trading opened slightly to the upside in the morning session, but oscillated between mid-morning and midday before pulling back by afternoon to close lower on improved traded volume. The benchmark NSE All-Share index bounced around all morning, reaching a high of 32,151.87 basis points around the noon hour. It then rolled over and stair-stepped down the rest of the afternoon to touch intraday low of 32,041.74bps, closing the session on a negative note. The NSEASI was down 111.68bps at 32,049.73 on high selling pressure at the time trading close by 2.30pm.

During the trading session Stanbic IBTC Holdings released its audited financials for the full-year ended December 31, 2018, declaring a final dividend of N1.50 per share, in addition to the interim dividend of 100 kobo earlier paid, bringing total dividend for 2018 to N2.50 per share. The scorecard for the period was mixed, as gross earnings inched 4.7% up, while bottom line rose 54% on the back of increased trading income, other incomes and loan loss write back. The market expectedly reacted to the scorecard, leading to its 3.0% gain at the close of trading (READ).

Market technicals for the day were negative but mixed, with higher traded volume in the midst of negative breadth and sentiments, as revealed by Investdata’s Daily Sentiment Report, showing a sell volume of 93% and buy position of 7% on a daily transaction volume index for the day at 0.60.
Momentum behind the day’s market performance were down sharply , reflecting selling pressure as shown by the money flow index at 43.84points, from previous day’s 55.218bps, indicating that more funds are still leaving some the market.

Index and Market Cap
NSE benchmark index lost 111.68 points from the day’s 32,121.74bps opening figure, representing a 0.35% decline; while market capitalization drop by N41.65bn to at N11.95tr, from an opening value of N11.98tr, also representing a 0.35% value loss.
Attention: Join Investdata buy and sell signal setup to get all our in-depths analysis on the picture and to get access to our carefully created watch list. To become a member, send ‘YES’ or ‘STOCKS’ to the phone numbers below. The number of stocks on our watchlist has increased due to the prolonged market correction. Take advantage of this service to buy right and sell right during this earnings season and beyond.

The day’s downturn was influenced by selloffs in medium and high cap stocks like, Dangote Cement. 11 Plc, Guaranty Trust Bank, Zenith Bank, Dangote Sugar, Flourmills, UACN, Oando, Access Bank, Dangote Flour, UBN and Honeywell, among others. This impacted negatively on Year-to-Date gains, leaving it at 1.84%, and market capitalization at N203.49bn, from the year’s opening level of N11.72tr, representing a 1.84% growth.

Bearish Sector Indices
All the sectoral indices closed in the red; just as market breadth was negative as decliners outpaced advancers in the ratio of 26:9.
Market activities were mixed as volume was up by 4.94% to 218.9m shares, as against 208.6m units on Wednesday, while value fell by 1.44% to N2.74bn from the previous day N2.78bn, with volume driven by financial services stocks like: Zenith Bank, Access Bank, FBNH, Guaranty Trust Bank and UBA

Cadbury and Dangote Flour were the best performing stocks for the session, gaining 7.84% and 4.13% respectively to close at N11.00 and N11.35 per share, purely on market sentiment and forces. The flipside was led by University Press and United Capital, which shed 9.78%% and 9.09% respectively to close at N2.03 and N3.00 each, on profit booking and market forces.

Market Outlook
The seeming lull in the market and profit taking may continue in the midst of more earnings expectation being the last trading for the week, amidst the continuing wait-and-see attitude of some players. Investors and traders also should continue their repositioning for 2019 dividend declaration season and post-election rally expected to shape market performance in the interim. We advise cautious trading and investing while positioning in fundamentally sound equities.
Volatility will also continue as investors and fund managers reposition their portfolios, with eyes fixed on earnings reports, but investors should review their positions in line with their investment goals, strength of the company numbers and act as events unfold in the global and domestic environment.

However, we would like to reiterate our advice that investors should go for equities with intrinsic value,
We advise also that investors should allow numbers guide their decisions while repositioning in any stock, especially now that stock prices remain low in the midst of mixed company numbers, weak economic and market fundamentals

Ambrose Omordion
CRO|Investdata Consulting Ltd
info@investdataonline.com
info@investdata.com.ng
ambrose.o@investdataonline.com
ambroseconsultants@yahoo.com
Tel: 08028164085, 08032055467
https://investdata.com.ng/2019/03/seeming-lull-may-continue-on-ngse-as-earnings-season-fail-to-sway-investors/?fbclid=IwAR2EU9KIa9WhB5W55krmHmXFroe1A3KG1g3d-cIrnv1GvHdy23e29zdGrqw

NGSE Indicators Fail To Find Support From Uninspiring Score-cards, Payouts

Market Update for March 6
Midweek’s trading on the Nigerian Stock Exchange (NSE) closed red, halting three consecutive sessions of bull transition on a mixed sentiment and low traded volume, with selling pressure in the consumer, industrial and oil/gas sectors due to mixed numbers posted by Seplat Petroleum Development Company and Nestle Nigeria. Both earnings scorecards came below market expectation, besides disappointing many analysts, considering, for example, their low dividend yields.

In spite of the seeming high payout, investors did not react to the dividend announced by both stocks due to the high market price of these equities, even as they continue to watch the body language of newly re-elected President Muhammadu Buhari of Nigeria’s ruling All Progressives Congress (APC) and hope for changes in economic policies and reforms to chart a new course for economic growth and development.
Trading for the day started out on a downside in the morning. This was sustained throughout the session as sell-offs ensued at midday and found some support within an hour, before a very sharp rally, after touching intraday low of 32,062.03 basis points, from its high of 32,173.66bps, which basically was the opening point. It then finally closed at 32,121.74bps on a negative market breadth.

Meanwhile, Guaranty Trust Bank, the biggest bank by market capitalization on the NSE, published its audited financials for the full-year ended December 31, 2018, after trading hours on Wednesday, offering a final dividend of N2.45 per share, in addition to the interim dividend of 30 kobo earlier paid, bringing total dividend for 2018 to N2.75 per share. The scorecard for the period was flat, with a marginal decline in top line, while bottom line inched up slightly on the strength mainly of a drop in loan loss provision, among others (READ HERE).
Wednesday’s market technicals were weak but mixed, with lower traded volume than previous session in the midst of negative breadth and mixed sentiments, as revealed by Investdata’s Daily Sentiment Report, showing a buying position of 53% and selling volume of 47% on a daily transaction volume index for the day at 0.57.
Forces behind the day’s market performance were down, reflecting some selling pressure as shown by the money flow index at 55.21 points, from previous day’s 61.18bps, indicating that funds are still leaving some stocks and the market.

Index and Market Cap
The NSE All Share Index shed 51.92 points to close at 32,121.74bps, after opening at 32,173.66bps, representing a 0.16% decline; while market capitalization fell N19.36bn to at N11.98tr, from an opening value of N11.99tr, also representing a 0.16% value loss.
Attention: Join Investdata buy and sell signal setup to get all our in-depths analysis on the picture and to get access to our carefully created watch list. To become a member, send ‘YES’ or ‘STOCKS’ to the phone numbers below. The number of stocks on our watchlist has increased due to the prolonged market correction. Take advantage of this service to buy right and sell right during this earnings season and beyond.
Wednesday’s downturn was impacted by selloffs in medium and high cap stocks like, Zenith Bank, Seplat, FCMB, PZ Cussons, Diamond Bank, Dangote Flour, Cadbury, CCNN, and Dangote Sugar, among others. This impacted negatively on Year-to-Date gains, leaving it at 2.20%, and market capitalization at N245.44bn, from the year’s opening level of N11.72tr, representing a 2.21% growth.

Mixed Sector Indices
The sectoral performance indices were largely bearish, except for the NSE Banking and insurance that closed 0.03% and 0.02% green respectively; just as market breadth was negative as decliners outpaced advancers in the ratio of 20:8.
Market activities in volume and value were down by 47.96% and 19.65% respectively to 208.6m shares worth N2.78bn, as against previous session’s 400.87m units valued at N3.46bn, driven by financial services and conglomerates stocks like: Zenith Bank, Guaranty Trust Bank, Fidelity Bank, Access Bank and Transcorp.
Consolidated Hallmark Insurance and Jaiz Bank were the best performing stocks for the session, after gaining 7.68% and 5% respectively to close at N0.28 and N0.63 per share on market sentiment and forces. The flipside was led by McNichols and Etranzact, which shed 10%% and 9.90% respectively to close at N0.54 and N2.64 each, on profit booking and market forces.

Market Outlook
We expect the volatility and profit taking to continue in the midst of more earnings expectation. Investors and traders also should continue their repositioning for 2019 dividend declaration season and post-election rally expected to shape market performance in the interim. We advise cautious trading and investing while positioning in fundamentally sound equities.
Volatility will also continue as investors and fund managers reposition their portfolios, with eyes fixed on earnings reports, but investors should review their positions in line with their investment goals, strength of the company numbers and act as events unfold in the global and domestic environment.
However, we would like to reiterate our advice that investors should go for equities with intrinsic value,
We advise also that investors should allow numbers guide their decisions while repositioning in any stock, especially now that stock prices remain low in the midst of mixed company numbers, weak economic and market fundamentals

TAKE ACTION
The difference between you and others who are not aware of what I am sharing with you is ACTION. Take action that will transform your life throughout 2019 and beyond by getting the just concluded and life transforming INVEST 2019 TRADERS & INVESTORS SUCCESS SUMMIT Home study pack (USB) that you can play on your phone, Laptop and Television set. The event, which held on Saturday, December 8, 2018, was yet another successful, insightful and educative outing that not only offered direction as to where investors should look for a profitable trade in 2019, insight into industries, sectors and companies to seek worthwhile returns. What stocks should you buy? Grab the pack for the 10 Golden Stocks with possibility of offering in 2019 multiples of what broader stocks do, coming out of this market correction environment
Don’t sit on the Fence call or text Stock to 08028164085, 08032055467, and 08111811223 now.

Ambrose Omordion
CRO|Investdata Consulting Ltd
info@investdataonline.com
info@investdata.com.ng
ambrose.o@investdataonline.com
ambroseconsultants@yahoo.com
Tel: 08028164085, 08032055467
https://investdata.com.ng/2019/03/ngse-indicators-fail-to-find-support-from-uninspiring-score-cards-payouts/?fbclid=IwAR1LjrJFB4pGuNFN4Cs_Qs9cOLHmtBsN1rC9bCEcd2IaZJZj_vNdXeivBR0

WRONG REASONS PEOPLE HAVE SEX!

1. SHE DIDN'T DRESS WELL SO I HAD TO SLEEP WITH HER. That's nonsense! Will you sleep with a badly dressed mad woman with a double barrel gun? You had sex with her because you lack self control, period!

2. I HAD SEX WITH HIM BECAUSE WE HAD CHEMISTRY! And when the Biology happens, you start reading Economics to take care of the baby, you are simply not serious!

3. HE SPONSORS MY EDUCATION, I NEED TO APPRECIATE HIM. Prostitutes also appreciate men for paying for their meals and bills. What's the difference between you both?

4. SHE ASKED ME FOR SEX. What happened to your mouth? Can't you open it and say a clean clear no? Nonsense!

5 HE ALWAYS ASK FOR SEX. So what? Men will always ask you for sex, stop making a big deal out of it. Simply say NO and walk out on the son of Satan!

6. HE IS MY FIANCE. So what? Has he married you? What if he dumps you tomorrow? You become a used and dumped! How many guys do you want to have sex with in your life time?

7. WE SLEEP TOGETHER ON THESAME BED BECAUSE SHE IS MY FIANCEE. You are a thief! You are stealing sex from someone whose bride price you have not paid. Will you be happy if some man you do not know "service" your daughter in darkness without showing you honour as a father? No bride price, no wedding, nothing, except a protruding tummy, few months after she met you. You throw the innocent father into perpetual shame forever! You deserve to be flogged!

8. I AM NOT A VIRGIN. And so? That is not an excuse to jump from bed to bed like a frog!

9. MY FIANCE'S FAMILY WANTS ME TO GET PREGNANT BEFORE WE GET MARRIED so you disobeyed God to please a family who have no single respect for God and His word because you want to wear a wedding ring! Welcome, the devil himself is already your father-in-law!

10. IF I DON'T GIVE HIM SEX, HE WILL MARRY SOMEONE ELSE. So you are nothing but a intimacy gadget or sexual machine to him? No value whatsoever for your personality, talent, dream and vision. Come on girl, where is your brain? Use it and get out of that sick relationship!

These and more are the wrong reasons people have sex today and get battered and broken when the relationship eventually hit the rocks. Relationships built on pre-marital sex don't last. Even if you marry each other, one or both of you is prone to committing adultery thereby jeopardizing the peace and love in your marriage.

Avoiding pre-marital sex is the smart choice you will make. It helps you build the self control you need to succeed in life and marriage. Say NO to premarital sex and start your life on the foundation of purity, godliness and virtue. The benefits far our weigh the pains of pre-marital sex. You will be glad you waited. Thanks for reading. God bless you. Cheers!
© Seun Oladele.

SERIOUS QUESTIONS YOU MUST ASK THAT LADY BEFORE YOU MARRY HER

Marriage is not a joke! Who you marry determines how your life eventually turns out. Your rising or crashing in life is determined the day you walk down the aisle with that woman so you can't afford to pick another man's bone. Here are the questions you must ask to see if your marital destiny is going towards the same direction.

1. WHAT IS HER VISION? Your wife must help you fulfil your vision that is why she is called an help-meet. If her dream is to become an international super nude model while your dream is to become a local full time Pastor, you will to do well to end the relationship!

2. IS SHE REALLY BORN AGAIN? Forget about religion. I'm talking about Christ-like behavior, attitude and character. Some ladies can tie scarf 24/7 yet the poison in them is deadlier than the serpent's! If her character does not tally with that of a true child of God, you need to do a re-think!

3. IS SHE A VIRGIN OR NOT? You should find out to know what to expect on the wedding night and how to prepare for it.

4. DOES SHE HAVE AN EX? And what led to the break up so she won't repeat the same mistake in your relationship. If she still keeps a close relationship with her EX, she needs to choose between you and him. No rivalry is allowed in any relationship that will last.

5. HAS SHE BEEN SEXUALLY ABUSED/ ASSAULTED/RAPED? Abused women have complicated emotions and relationships. They suffer unexplainable mood swings, depression, paranoia and in extreme cases psychosis and neurosis. They seriously have anger and trust issues. You need to find out so you can know how to relate with her in marriage. Better still, she needs to go for therapy before marriage.

6. DOES SHE HAVE A CHILD IN HER PAST? You must accept her child as your own now that you are getting married to her. If you can't and she insists her child must live with her in marriage, you don't belong together. End the relationship!

7. WHAT DOES MARRIAGE MEAN TO HER? Real marriage means companionship, deep sharing and friendship. If all she wants to do is have sex, cook and bear your children, she is not ready for marriage, both of you should go for counseling.

8. WHAT DOES SUBMISSION TO A HUSBAND MEANS TO HER? A wife must submit to her husband as the head in marriage. That is what the Holy Book says. If she is a feminist and you hate feminism with passionate hatred, you don't belong together, end the relationship!

9. DOES SHE BELIEVE IN WORKING AFTER MARRIAGE OR SHE WANTS TO BE A FULL TIME HOUSE WIFE? Iron this out so you won't be shocked if she resigned from her job after her first pregnancy and refuse to do anything else aside cooking and bearing children.

10. WILL ANY OF HER FAMILY MEMBERS BE LIVING WITH YOU AFTER MARRIAGE? Talk. Find out if you can cope with her siblings or parents living with you immediately after wedding. If you honestly can't, talk about it!

11. WHAT IS HER VIEW ABOUT MONEY? Some women believe money is meant to be spent while some believed it is to be saved. A lot of others believe in accumulating liabilities. Though the right way to handle money is earn, save, invest and give. Spending should follow budget. What is your own way of handling money? Make sure your view on money tallies lest you end up in the divorce court few years after marriage.

These and more are the serious questions you should ask your partner before saying "I DO". Amos 3:3 is a proof of God's will.

If you claim you heard God and both of you are not ending the same direction, you need to pray again. God's will is not an excuse to walk in foolishness.

Yes, you must marry God's will for your life and your God's will must give you peace. If you are scared, troubled and your relationship is going no where to happen, end it before it ends you.

May the Lord grant you understanding. Thanks for reading. God bless you. Cheers!
© Seun Oladele, 201; reposted, 2019.

SO SHE SNATCHED YOUR HUSBAND

Look, your husband is not a baby. No one can "snatch" him without his permission.

Some women see their husband as a little weakling who has no brain of his own and can't think at all. They see him as an idiot who is too weak to resist any female attention so they swing into action to "protect" him by searching his phone, probing him, eyeing every female that hangs around him and caging him. No, they can't cage him 24/7. They pay cheap gossips at his office to monitor his every movement and eventually develop hypertension! Look, you will just kill yourself!

No one can snatch your husband like a handbag at Oshodi market. No one can steal your husband unless he is beaten to a state of comma and carried off. No woman can make him leave you unless he wants to. All these crap I hear from women that "My husband is innocent. He sat on his own when the lady came to meet him, seduced him, use juju on him and made him marry her" gets me worked up.

He slept with her because he WANTED to, period! She was able to seduce him because he WELCOMED her. If he said NO, she would stop dead in her track. He married her because he was sick and tired of your boring marriage and wanted something new and exciting, it's as simple as that.

You can't keep a man hell bent on straying. If he didn't do it with Ngozi, he will definitely run away with Bintu. A cheat will cheat whether you police him or not.

What you need to do is work on your marriage. Make your self so indispensable in your husband's life that no woman can snatch him. When a man is thoroughly satisfied at home, who is the witch that will carry him off?

When you totally adore him, creatively seduce him, generously feed him, lavishly make love to him, excessively forgive him, graciously accept his weaknesses, totally befriend him, completely trust him and ceaselessly pray for him, which woman from the pit of hell wants to carry your husband off?

Women will do well to focus on real things and stop chasing shadows. A successful marriage is not built on wishful thinking but HARDWORK. You can't fold your arms and let things slide only to wake up when another woman is chasing your husband.

Give your husband your best and he will not allow any woman to snatch him from you.

God bless.
© Seun Oladele, 2017; reposted, 2019.

When a woman combines brain, beauty, character and virginity, she becomes a very hot cake for eligible bachelors. How "hot" are you?

HIGH SEXUAL PERFORMANCE IN MARRIAGE

Depends on how you make your wife feel not how big your penis is. Make her feel good, loved, needed, cherished and adored and you will enjoy stress without stress. I hope you understand?

HIGH SEXUAL PERFORMANCE IN MARRIAGE
Depends on how you make your wife feel not how big your penis is. Make her feel good, loved, needed, cherished and adored and you will enjoy stress without stress. I hope you understand?

Marriage is built on commitment not emotions. If you lack self discipline to do what must be done whether you feel like it or not, you are not ready for marriage. Marriage is very far from you!

This group is for MATURE singles and COUPLES. It's an uncommon group to learn about your sexuality, spirituality, laws of attraction, godly dating, excellent courtship, blissful marriage. How to be UNCOMMON, fulfilling your destiny, getting blessed, being a blessing to the needy, walking in dominion in very area of your life. Living in abundance, prosperity and wealth! As you learn along with us,your life will never remain the same. We love you! Welcome to USAC!!!


Host: Seun Oladele.

DON'T BE IGNORANT LADIES...

One young lady told me her boyfriend cajoled her into having premarital sex on the lies that no man will appreciate her virginity. That her vagina was too tight for a penis, her husband would find her disgusting so he needed to have sex with her consistently and help her expand it before she got married. She was a confused being when we began talking. Once you know what penis is made of, the normal size every woman needs in marriage and why keeping your virginity is important, it will cure your curiosity, help you relax, keep your virginity and enjoy maximum sexual pleasure in marriage. Ladies, I pray for you today, you will not fall into sexual traps in Jesus' name.

Marriage is built on commitment not emotions. If you lack self discipline to do what must be done whether you feel like it or not, you are not ready for marriage. Marriage is very far from you!

The Big Announcement

Hey, it’s Ambrose here…

And here’s the BIG Announcement that I promised:

With all the buzz around the “What will be the Post Election Expectation” …

I’ve decided to hold a powerful seminar called Invest 2019 Post-Election Bulls and Bears Workshop.

Investdata 2019 Post-Elections Bulls & Bears Workshop

In this workshop, you will discover the following:

1. Outlook for 2019 and Post-Election Expectations

2. Enhancing cash flow through Playing Dividend Stocks

3. Sectoral Analysis and Projections that support Stock Prices

4. How Government Policies & Reforms influence market performance

5. How to invest in equities, using Quarterly Earnings for Profitable Returns


*Venue: Chida International Hotel, Plot 224 Solomon Lar Way, Utako District Abuja*

Date: March 23, 2019

Call 08028164085,08032055467
*REGISTRATION IS FREE*

Dedicated to Your Financial Success
Ambrose Omordion
https://www.facebook.com/events/2271566126416283/

The Big Announcement

Hey, it’s Ambrose here…

And here’s the BIG Announcement that I promised:

With all the buzz around the “What will be the Post Election Expectation” …

I’ve decided to hold a powerful seminar called Invest 2019 Post-Election Bulls and Bears Workshop.

Investdata 2019 Post-Elections Bulls & Bears Workshop

In this workshop, you will discover the following:

1. Outlook for 2019 and Post-Election Expectations

2. Enhancing cash flow through Playing Dividend Stocks

3. Sectoral Analysis and Projections that support Stock Prices

4. How Government Policies & Reforms influence market performance

5. How to invest in equities, using Quarterly Earnings for Profitable Returns


*Venue: Chida International Hotel, Plot 224 Solomon Lar Way, Utako District Abuja*

Date: March 23, 2019

Call 08028164085,08032055467
*REGISTRATION IS FREE*

Dedicated to Your Financial Success
Ambrose Omordion
https://www.facebook.com/events/2271566126416283/

The Big Announcement

Hey, it’s Ambrose here…

And here’s the BIG Announcement that I promised:

With all the buzz around the “What will be the Post Election Expectation” …

I’ve decided to hold a powerful seminar called Invest 2019 Post-Election Bulls and Bears Workshop.

Investdata 2019 Post-Elections Bulls & Bears Workshop

In this workshop, you will discover the following:

1. Outlook for 2019 and Post-Election Expectations

2. Enhancing cash flow through Playing Dividend Stocks

3. Sectoral Analysis and Projections that support Stock Prices

4. How Government Policies & Reforms influence market performance

5. How to invest in equities, using Quarterly Earnings for Profitable Returns


*Venue: Chida International Hotel, Plot 224 Solomon Lar Way, Utako District Abuja*

Date: March 23, 2019

Call 08028164085,08032055467
*REGISTRATION IS FREE*

Dedicated to Your Financial Success
Ambrose Omordion
https://www.facebook.com/events/2271566126416283/

The Big Announcement

Hey, it’s Ambrose here…

And here’s the BIG Announcement that I promised:

With all the buzz around the “What will be the Post Election Expectation” …

I’ve decided to hold a powerful seminar called Invest 2019 Post-Election Bulls and Bears Workshop.

Investdata 2019 Post-Elections Bulls & Bears Workshop

In this workshop, you will discover the following:

1. Outlook for 2019 and Post-Election Expectations

2. Enhancing cash flow through Playing Dividend Stocks

3. Sectoral Analysis and Projections that support Stock Prices

4. How Government Policies & Reforms influence market performance

5. How to invest in equities, using Quarterly Earnings for Profitable Returns


*Venue: Chida International Hotel, Plot 224 Solomon Lar Way, Utako District Abuja*

Date: March 23, 2019

Call 08028164085,08032055467
*REGISTRATION IS FREE*

Dedicated to Your Financial Success
Ambrose Omordion
https://www.facebook.com/events/2271566126416283/

The Big Announcement

Hey, it’s Ambrose here…

And here’s the BIG Announcement that I promised:

With all the buzz around the “What will be the Post Election Expectation” …

I’ve decided to hold a powerful seminar called Invest 2019 Post-Election Bulls and Bears Workshop.

Investdata 2019 Post-Elections Bulls & Bears Workshop

In this workshop, you will discover the following:

1. Outlook for 2019 and Post-Election Expectations

2. Enhancing cash flow through Playing Dividend Stocks

3. Sectoral Analysis and Projections that support Stock Prices

4. How Government Policies & Reforms influence market performance

5. How to invest in equities, using Quarterly Earnings for Profitable Returns


*Venue: Chida International Hotel, Plot 224 Solomon Lar Way, Utako District Abuja*

Date: March 23, 2019

Call 08028164085,08032055467
*REGISTRATION IS FREE*

Dedicated to Your Financial Success
Ambrose Omordion
https://www.facebook.com/events/2271566126416283/

The Big Announcement

Hey, it’s Ambrose here…

And here’s the BIG Announcement that I promised:

With all the buzz around the “What will be the Post Election Expectation” …

I’ve decided to hold a powerful seminar called Invest 2019 Post-Election Bulls and Bears Workshop.

Investdata 2019 Post-Elections Bulls & Bears Workshop

In this workshop, you will discover the following:

1. Outlook for 2019 and Post-Election Expectations

2. Enhancing cash flow through Playing Dividend Stocks

3. Sectoral Analysis and Projections that support Stock Prices

4. How Government Policies & Reforms influence market performance

5. How to invest in equities, using Quarterly Earnings for Profitable Returns


*Venue: Chida International Hotel, Plot 224 Solomon Lar Way, Utako District Abuja*

Date: March 23, 2019

Call 08028164085,08032055467
*REGISTRATION IS FREE*

Dedicated to Your Financial Success
Ambrose Omordion
https://www.facebook.com/events/2271566126416283/

The Big Announcement

Hey, it’s Ambrose here…

And here’s the BIG Announcement that I promised:

With all the buzz around the “What will be the Post Election Expectation” …

I’ve decided to hold a powerful seminar called Invest 2019 Post-Election Bulls and Bears Workshop.

Investdata 2019 Post-Elections Bulls & Bears Workshop

In this workshop, you will discover the following:

1. Outlook for 2019 and Post-Election Expectations

2. Enhancing cash flow through Playing Dividend Stocks

3. Sectoral Analysis and Projections that support Stock Prices

4. How Government Policies & Reforms influence market performance

5. How to invest in equities, using Quarterly Earnings for Profitable Returns


*Venue: Chida International Hotel, Plot 224 Solomon Lar Way, Utako District Abuja*

Date: March 23, 2019

Call 08028164085,08032055467
*REGISTRATION IS FREE*

Dedicated to Your Financial Success
Ambrose Omordion
https://www.facebook.com/events/2271566126416283/

The Big Announcement

Hey, it’s Ambrose here…

And here’s the BIG Announcement that I promised:

With all the buzz around the “What will be the Post Election Expectation” …

I’ve decided to hold a powerful seminar called Invest 2019 Post-Election Bulls and Bears Workshop.

Investdata 2019 Post-Elections Bulls & Bears Workshop

In this workshop, you will discover the following:

1. Outlook for 2019 and Post-Election Expectations

2. Enhancing cash flow through Playing Dividend Stocks

3. Sectoral Analysis and Projections that support Stock Prices

4. How Government Policies & Reforms influence market performance

5. How to invest in equities, using Quarterly Earnings for Profitable Returns

The Comprehensive Home Study Pack of our Invest 2019 Traders & Investors summit held in Lagos (containing 10 golden stocks for 2019), will be on sales at N20,000 each. However, First 25 persons to register at the venue will get 35% discount.

*Venue: Chida International Hotel, Plot 224 Solomon Lar Way, Utako District Abuja*

Date: March 23, 2019

Call 08028164085,08032055467
*REGISTRATION IS FREE*

Dedicated to Your Financial Success
Ambrose Omordion
https://www.facebook.com/events/2271566126416283/