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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/

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/

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

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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.

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/

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/

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.

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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/

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?

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Did You Miss it

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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

"People who succeed have momentum. The more they succeed, the more they want to succeed and the more they find a way to succeed. Similarly, when someone is failing, the tendency is to get on a downward spiral that can even become a self-fulfilling prophecy."
-Tony Robbins

Quote of the day

“Always deliver more than expected.”

— Larry Page, co-founder of Google

Fair Value & Price Tags Of Selected Healthcare Stocks On NGX

Questions and Answers with Ambrose Omordion as of 21st August, 2021

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I just posted Questions and Answers with Ambrose Omordion as at 21/08/2021.

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Ambrose Omordion

Sentiment Report for the week Ended August 20, 2021



NGXASI buy 54% sell 46% MFI 66.53

Access buy 0% MFI 52.24

Afrprud buy 50% sell 50% MFI 30.97

Aiico buy � MFI 18.84

Cadbury buy 0% MFI 56.85

Caverton buy 80% sell 20% volume index 0.83 MFI 41.75

Chams buy � volume index 1.14 MFI 38.67

Chiplc buy 36% sell 64% volume index 2.42 MFI 36.44

Corner buy 67% sell 33% MFI 45.13

Courtville buy � volume index 1.79 MFI 85.70

Custodian buy � MFI 76.15

Dangcem buy � MFI 81.63

Dangsugar buy 0% MFI 51.93

Eterna buy � MFI 64.82

Eti buy 0% volume index 2.29 MFI 71.51

Fbnh buy � MFI 63.88

Fcmb buy 71% sell 29% MFI 63.58

Fidelity buy 75% sell 25% MFI 51.49

Fmn buy � volume index 0.85 MFI 35.14

Ftn buy 13% sell 87% volume index 1.43 MFI 46.18

Glaxo buy � MFI 35.25

GTCO buy 29% sell 71% MFI 16.62

Honyflour buy 74% sell 26% volume index 2.82 MFI 93.71

Jaiz buy 0% volume index 1.18 MFI 24.27

Jagold buy � MFI 46.14

Lasaco buy � MFI 40.02

Learn buy 0% MFI 75.52

Linkass buy 40% sell 60% MFI 45.38

Lvstk buy 0% volume index 1.37 MFI 44.63

Mansard buy 0% MFI 48.56

Mben buy 0% volume index 0.96 MFI 36.26

Mtnn buy 0% MFI 64.50

M/verse buy 0% MFI 100.00

Nahco buy 80% sell 20% volume index 5.16 MFI 88.77

Neimeth buy � volume index 3.24 MFI 55.45

Nem buy 22% sell 78% MFI 75.88

Nestle buy 7% sell 93% volume index 5.94 MFI 25.70

Oando buy 0% volume index 1.69 MFI 83.86

Pharma buy � volume index 12.47 MFI 84.19

Prestige buy 75% sell 25% volume index 0.95 MFI 44.62

Regalins buy 75% sell 25% MFI 70.20

Royalex buy 0% MFI 32.12

Sovrenins buy 33% sell 67% MFI 41.56

Sterling buy 67% sell 33% MFI 32.75

Uacn buy � MFI 65.33

Uba buy 0% MFI 62.96

Ubn buy � MFI 48.00

Ucap buy 67% sell 33% MFI 55.76

Unilever buy 0% volume index 1.25 MFI 61.98

Unity buy � MFI 67.25

UPDC buy � volume index 1.02 MFI 52.43

Upl buy 0% MFI 48.59

Veritas buy � volume index 0.74 MFI 76.99

Vitafoam buy � MFI 79.01

Wapco buy 70% sell 30% MFI 70.12

Wapic buy 40% sell 60% volume index 1.24 MFI 41.29

Wema buy � MFI 59.92

Zenith buy 67% sell 33% MFI 53.98



Investdata Weekly Sentiment Report

BUY AND SELL SIGNAL

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 waits for no one.

Ovara Konstant Business Ltd is a licensed pest control company, serving the Milling and Allied Companies for over 20 years. We offer extensive quality fogging and fumigation services for pest control and disinfectant for individuals, private establishments, public organizations, and government parastatals, etc., to promote a hazardous-free environment for you.

Pest control and Disinfectant management are what we do! We live and work here, just as you do. Because of the need to promote a healthy clean environment and a safe home, our number one priority is keeping your organization happy by protecting its staff and property from pests looking to invade the office and warehouse.

Contact us;
LAGOS ADDRESS: 33 Adele Road, Apapa, Lagos.
TEL: Contact us
+2348057933767, 07036525597, 07038524258
E-MAIL: ovarakonstantconsumables@yahoo.com
WEBSITE: http://www.ovarakonstant.com/

Ovara Konstant Business Ltd is a licensed pest control company, serving the Milling and Allied Companies for over 20 years. We offer extensive quality fogging and fumigation services for pest control and disinfectant for individuals, private establishments, public organizations, and government parastatals, etc., to promote a hazardous-free environment for you.

Pest control and Disinfectant management are what we do! We live and work here, just as you do. Because of the need to promote a healthy clean environment and a safe home, our number one priority is keeping your organization happy by protecting its staff and property from pests looking to invade the office and warehouse.

Contact us;
LAGOS ADDRESS: 33 Adele Road, Apapa, Lagos.
TEL: Contact us
+2348057933767, 07036525597, 07038524258
E-MAIL: ovarakonstantconsumables@yahoo.com
WEBSITE: http://www.ovarakonstant.com/

Ovara Konstant Business Ltd is a licensed pest control company, serving the Milling and Allied Companies for over 20 years. We offer extensive quality fogging and fumigation services for pest control and disinfectant for individuals, private establishments, public organizations, and government parastatals, etc., to promote a hazardous-free environment for you.

Pest control and Disinfectant management are what we do! We live and work here, just as you do. Because of the need to promote a healthy clean environment and a safe home, our number one priority is keeping your organization happy by protecting its staff and property from pests looking to invade the office and warehouse.

Contact us;
LAGOS ADDRESS: 33 Adele Road, Apapa, Lagos.
TEL: Contact us
+2348057933767, 07036525597, 07038524258
E-MAIL: ovarakonstantconsumables@yahoo.com
WEBSITE: http://www.ovarakonstant.com/

Konstant Pvc Ltd
Pipes stronger and better than ever

Contact is today @
Office Address: Konstant Industrial Estate, Benson Egbo Street off Ekredjebor Road Ughelli, Delta State.
Phone: +2348036581734, +234807 7312805, +2347030567225
Website: https://konstantpvc.business.site/

Konstant Pvc Ltd
Pipes stronger and better than ever

Contact is today @
Office Address: Konstant Industrial Estate, Benson Egbo Street off Ekredjebor Road Ughelli, Delta State.
Phone: +2348036581734, +234807 7312805, +2347030567225
Website: https://konstantpvc.business.site/

Konstant Pvc Ltd
Pipes stronger and better than ever

Contact is today @
Office Address: Konstant Industrial Estate, Benson Egbo Street off Ekredjebor Road Ughelli, Delta State.
Phone: +2348036581734, +234807 7312805, +2347030567225
Website: https://konstantpvc.business.site/

At Cheekers Inn, we love having you here.

Contact us:
Address: 45B, Marine Road Apapa, 2nd Badagry GRA, Lagos.
Phone: +2348141130809, +2348087216257, +2348153043876
Email: cheekersinnltd@gmail.com
Website: https://cheekersinn.business.site

At Cheekers Inn, we love having you here.

Contact us:
Address: 45B, Marine Road Apapa, 2nd Badagry GRA, Lagos.
Phone: +2348141130809, +2348087216257, +2348153043876
Email: cheekersinnltd@gmail.com
Website: https://cheekersinn.business.site

At Cheekers Inn, we love having you here.

Contact us:
Address: 45B, Marine Road Apapa, 2nd Badagry GRA, Lagos.
Phone: +2348141130809, +2348087216257, +2348153043876
Email: cheekersinnltd@gmail.com
Website: https://cheekersinn.business.site

Don't miss this one Again.

Ambrose here again,

A few months ago I launched a training Video titled beyond Technical and Fundamental Analysis and I am very excited that a lot of serious investors took advantage of the Video however, I got some feedback from several investors.

They requested a comprehensive Technical analysis video. Well, it was not an easy task to produce such material and make it available to the public because it involves a lot of work in terms of organizing it, in such a way that anyone irrespective of the professional background, will grasp the essence and be able to apply it into your daily trading and analysis.

Now, the question is who really needs to know technical analysis? Well, there is no point laying too much emphasis because as long as

1. You have money in the stock market.
2. You have given your money to a firm to help you manage it.
3. Investor or trader.

It is a must for you to have this Technical Analysis Video series that I will be releasing on Friday 20th August 2021.

Hence, keep on checking your post so that you can be among the early bird to benefit from the launch price.

Dedicated to Financial Success,
Ambrose Omordion

Sentiment Report for August 18, 2021

NGXASI buy 61% sell 39% MFI 63.61
Access buy 0% MFI 44.09
Afrprud buy 50% sell 50% volume index 0.91 MFI 37.38
Caverton buy 0% volume index 1.07 MFI 42.01
Chams buy 0% volume index 3.73 MFI 94.66
Chiplc buy 0% MFI 15.17
Courtville buy � volume index 1.00 MFI 66.21
Fidelity buy 75% sell 25% MFI 64.91
GTCO buy 20% sell 80% MFI 15.74
Jagold buy 33% sell 67% volume index 1.30 MFI 26.59
Lvstk buy 0% MFI 44.75
Mben buy 0% volume index 1.13 MFI 23.70
Nahco buy � volume index 1.04 MFI 90.11
Oando buy 0% volume index 0.71 MFI 31.70
Regalins buy � MFI 49.95
Sterling buy � MFI 64.00
Transcorp buy 20% sell 80% volume index 0.84 MFI 80.96
Uba buy � MFI 39.57
UPDC buy � MFI 47.50
Vitafoam buy � volume index 0.74 MFI 84.17
Wapic buy 0% MFI 15.73
Wema buy � MFI 51.18
Zenith buy 0% volume index 0.85 MFI 38.84

Investdata Daily Sentiment Report