₦airaland Forum

What Smart Investors are doing Secretly

It is Ambrose Again…

One of the greatest discoveries is that humans can alter and shape their lives by changing the attitude of their minds. William James

The question that looms large is why do few traders and investors get the best out of the market while so many struggles. Well, it is simply attitude and knowledge. It is your attitude towards the market that will determine your returns. That is, if you bargain a kobo with the market then you should expect a Kobo or less back. It is a mathematical law

According to research, most investors and Traders take themselves for granted. You don't push yourself hard in other to achieve your goals and for some strange reasons, you believe that some investors having the same 24hours, 7days and 52 weeks like you have the divine right to be successful than you in the market or better than you. This is as a result of the fact that you are always on the defense.

However, there is no divine right to profit out of the market. It is about knowing and planning what to do.

The Q2 Masterclass participants got an average return of 10.66 as of June 28 which is above the TB interest rate, even when the entire market is posting a loss of 6.67%. So, if you miss that opportunity, here is another chance again to be part of those who will profit from the market Q3.

Take action now and complete your INVESTDATA Q3 MASTERCLASS Registration before it expires on FRIDAY 11:59 pm 2nd July 2021. Call Now 08028164085,08179547605,

Or click on the below link

http://workshop.investdataonline.com/confirm2/

to get started and join smart investors with the divine right to always profit from the market.

Make that decision NOW...

Best
Ambrose Omordion.

P.S. REPLAY WILL NOT BE AVAILABLE. So decide by Calling 08028164085,08179547605 Now.

Or click on the below link

http://workshop.investdataonline.com/confirm2/

Sentiment Report for June 29, 2021

NGXASI buy � volume index 1.10 MFI 29.73
Access buy � volume index 0.93 MFI 77.99
Afrprud buy � volume index 0.74 MFI 28.09
Cadbury buy � volume index 4.91 MFI 83.76
Chiplc buy � volume index 0.98 MFI 34.34
Cutix buy � volume index 2.46 MFI 70.73
Dangsugar buy � MFI 58.65
Eti buy 0% volume index 1.83 MFI 21.81
Fbnh buy � MFI 56.15
Fcmb buy 85% sell 15% volume index 7.53 MFI 78.53
Fidelity buy � MFI 65.64
GTCO buy � volume index 1.36 MFI 49.31
Honyflour buy � volume index 2.35 MFI 76.26
Jaiz buy 0% volume index 3.43 MFI 34.01
Jagold buy 0% MFI 37.47
Learn buy � volume index 0.87 MFI 37.16
Linkass buy � volume index 12.29 MFI 90.62
Lvstk buy � MFI 21.33
Learn buy � volume index 0.87 MFI 37.16
Mansard buy � volume index 2.08 MFI 63.09
Mben buy � volume index 1.06 MFI 56.83
Npf buy � volume index 2.75 MFI 50.73
Oando buy � volume index 2.85 MFI 60.08
Regalins buy � MFI 52.92
Sovrenins buy � volume index 1.00 MFI 58.01
Sterling buy � MFI 27.98
Transcorp buy � MFI 33.30
Uacn buy � MFI 28.19
Uba buy � volume index 0.81 MFI 74.98
Ubn buy � volume index 0.82 MFI 81.02
Ucap buy 67% sell 33% volume index 1.16 MFI 47.56
Unity buy 0% volume index 8.22 MFI 3.61
Vitafoam buy 0% volume index 0.77 MFI 87.36
Wapic buy � MFI 56.45
Wema buy 50% sell 50% MFI 21.38
Zenith buy 33% sell 67% MFI 84.39

Investdata Daily Sentiment Report

NGX Outlook Mixed, Amidst Short, Medium-term Portfolio Realignments


Market Update for the Week Ended June 25 and Outlook for June 28-July 2

Trading activities on the Nigerian Exchange in the last full trading week of June closed south on a mixed momentum, thereby extending the bear-run for the second consecutive week on a low traded volume and negative breadth, ahead of the half-year earnings reporting season now around the corner.

The changing price patterns and trading environment are pointers to the fact that the nation’s stock market is gradually coming out of the COVID-19 crisis and post-recession era to find direction amidst the weak economic recovery as the market moves into the second half of the year 2021.

Despite the breakthrough in vaccines that is driving economic recovery globally and oil prices at the international market, the nation’s equity market appears to be at the crossroad after sliding into negative territory shedding 6.49% year-to-date, after high cap stocks that lifted the market in 2020 suffered various degrees of losses due to sector rotation, profit taking and selloffs.

This situation has created new buying opportunities and risks in the second-half to shape the market forecast for the next six months of the year.

Since the beginning of the year 2021, the market has oscillated as a result of many factors including the nation’s rising inflation and fixed market yields, improvements in corporate earnings, relatively high payout by companies, weak and mixed macroeconomic data. This is without forgetting the insecurity challenges that are befalling the nation

Technically, the NGX index action and many stocks are in their value area of resistance and support levels waiting for a breakout or down in the new quarter, depending on market forces of demand or supply, sentiments, earnings which is engine that drive price in the short or long run.

Movement Of NSEASI

The NGX action index was bearish, recording four session of down market, extending the bear transition for the second successive week, following losses in high priced stocks: Airtel Africa, Dangote Cement, MTNN, BUA Cement and Flour Mills that depressed the market.

Trading opened for the week on a negative note, losing 0.30% on Monday, a loss that was sustained on Tuesday, when the benchmark All-Share Index lost a significant 1.73%, before slowing down by midweek when it shed 0.22%. This trend was halted on Thursday as composite index gained 0.44%, before Friday’s reversal as the index lost 0.78%, bringing the week’s total loss to 2.56%, much more than the previous week 1.30% decline.

Specifically, the All Share index shed 990.45basis points during the week, closing at 37,658.26bps from after opening at 38,648.91bps, touching an intra-week low of 37,544.28bps from its highs of 38,678.48bps on selloffs in high cap stocks, as well as profit booking among the medium and low priced equities. Within the period also, market capitalization dropped by N516.32bn, closing at N19.14tr, from previous week’s N20.13tr, which also represented a 2.56% depreciation in value.

The weekly advancers’ table was dominated by low cap stocks, in the midst of selloffs for portfolio repositioning and balancing ahead of quarter-end and earnings expectations as investors continue to study trend and digest emerging macroeconomic data. Already, price actions reveal the presence of bargain hunters in the market, as situation that has impacted positively on sectorial indexes, with three sectors closing higher. Also the share price of BUA Cement was adjusted for dividend 0f N2.067 declared by its directors, while Guaranty Trust Bank was delisted from the NGX official list and replace Guaranty Trust Holding Company. During the week also, Interlinked Technologies Plc changed its name to Eunisell Interlinked Plc with EUNISELL as trading symbol.

The week’s negative outing reflected on its negative breadth, as decliners outnumbering advancers in the ratio of 38:33 on 83% selling volume and 17% buy position, just as Money Flow Index looked up, reading 55.00bps, from the previous week’s 50.37 points. This is an indication that funds continue flowing into the equity space despite the negative sentiment.

NSEASI WEEKLY CHART MOVEMENT


The zigzag chart pattern formation and double bottom of the NGX Index action supports a continuation of trend and reversal, depending on market forces in this new week being the end of second half and beginning of Q3. The candlestick is yet to give any signal on the weekly chart.

This is happening at a time crude oil is selling above $73 per barrel at the international market after touching $75pb for the first time in four years, much more than the $45 benchmark price of the 2021 Nigerian national budget, as more economies reopen for business activities while the Covid-19 vaccination is on top gear at the global and domestic levels. There is also the impact of positive economic data from U.S and China that would support oil prices as demand increase.

Mixed Sectoral Indices

The sectorial performance indexes were mixed, as the NGX Banking, Consumer goods and Energy indexes rose by 0.92%, 0.57% and 0.12% respectively, while the NGX Industrialgoods led the decliners, after shedding 3.33%, followed by Insurance with 0.83% lower.

The general market’s outlook remains mixed in the short and long-term, following which investors should take short and medium-term positions, while diversifying their portfolios along long-term trades to protect capital. This, you should do, by considering sectors with high upside potentials on the strength of earnings and policy influence.

Transactions in volume and value terms improved, with players trading 1.01bn shares worth N10.33bn, compared to the previous week’s 981.15m units valued at N10.38bn, with volume driven by trades in Financial Services, Consumer goods and Conglomerates sectors, particularly Zenith Bank, Transcrop, Access Bank, Sterling Bank and Honeywell.

Veritas Kapital Assurance and Linkage Assurance were the best performing stocks for the week after gaining 18.18% each, closing at N0.26 and N0.65 per share on market forces and half year earnings expectation. On the other hand, CHI Plc and Royal Exchange lost 13.43% and 12.50% respectively, at N0.58 and N0.63per share, on profit taking.

Market Outlook

We expect a reversal on bargain hunting and accumulation with portfolio readjustments on the recent pullback while all eyes are on the month and quarter-end window dressing, ahead of full-year and Q2 corporate earnings, in the face of rising fixed income market yields.

Any breakout at this point offers new entry opportunities for traders and investors to reposition in value-laden underpriced growth stocks, while companies with March year-end accounts release their audited full-year numbers to support recovery. This is based on the fact that the rise in fixed income yields may not be enough to scare all investors away from the equity market.

Again, the way to go is: Target dividend-paying stocks and fundamentally sound companies with growth prospects in 2021, looking the way of mispriced equities ahead of interim dividend announcement. This is especially given that despite the seeming improvements, fixed income yield continues to offer 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 July.

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, 08111811223 now.

https://investdata.com.ng/ngx-outlook-mixed-amidst-short-medium-term-portfolio-realignments/

Questions and Answers with Ambrose Omordion as of 26th June 2021

Hello Investors and Traders,

I just posted Questions and Answers with Ambrose Omordion as of 26/06/2021.

Click on the link below to watch now and don't forget to click on the subscribe button so that you can always get notifications whenever I post very important NGX updates.


https://www.youtube.com/watch?v=Y8bgftiT9gI

Ambrose Omordion

Sentiment Report for the Week Ended June 25, 2021

NGXASI buy 17% sell 83% MFI 54.31
Access buy 33% sell 67% MFI 44.56
Afrprud buy 57% sell 43% volume index 1.92 MFI 35.14
Aiico buy 50% sell 50% MFI 38.88
Bua buy 87% sell 13% MFI 43.07
Cadbury buy 0% MFI 24.18
Chams buy 0% volume index 1.85 MFI 32.72
Chiplc buy 0% volume index 3.20 MFI 53.24
Corner buy � MFI 31.05
Courtville buy 0% MFI 53.91
Custodian buy � MFI 61.87
Dangcem buy 0% MFI 58.94
Dangsugar buy � volume index 1.02 MFI 38.02
Eterna buy 0% volume index 0.79 MFI 83.65
Eti buy 0% MFI 69.10
Fbnh buy 75% sell 25% MFI 49.43
Fcmb buy 0% MFI 73.31
Fidelity buy � MFI 32.73
Fidson buy � volume index 1.79 MFI 48.21
Fmn buy 40% sell 60% volume index 0.96 MFI 43.23
Ftn buy � MFI 16.26
Glaxo buy 50% sell 50% MFI 36.28
Honyflour buy � volume index 1.62 MFI 62.79
Jaiz buy � MFI 28.74
Jagold buy 40% sell 60% MFI 47.01
Lasaco buy � MFI 40.22
Learn buy 57% sell 43% MFI 47.79
Linkass buy � MFI 87.08
Lvstk buy � volume index 0.76 MFI 51.45
Mansard buy 71% sell 29% MFI 46.04
Mben buy 67% sell 33% volume index 0.91 MFI 53.24
Mtnn buy 0% MFI 89.87
Nahco buy � volume index 1.11 MFI 53.47
Nascon buy 0% MFI 30.26
Neimeth buy 0% volume index 0.94 MFI 43.20
Nem buy � MFI 44.00
Npf buy 0% MFI 44.90
Oando buy 50% sell 50% MFI 48.95
Presco buy 97% sell 3% volume index 3.06 MFI 52.76
Prestige buy 80% sell 20% volume index 1.26 MFI 49.20
Pz buy � MFI 83.17
Red buy � volume index 1.65 MFI 74.00
Regalins buy 57% sell 43% MFI 69.65
Royalex buy 0% volume index 1.92 MFI 32.88
Sovrenins buy 67% sell 33% volume index 1.12 MFI 36.63
Stanbic buy � volume index 2.30 MFI 53.14
Sterling buy � volume index 1.44 MFI 33.43
Transcorp buy 67% sell 33% MFI 50.79
Uacp buy � MFI 54.23
Uacn buy 67% sell 33% MFI 75.65
Uba buy 50% sell 50% MFI 59.09
Ubn buy 0% MFI 57.44
Ucap buy 8% sell 92% volume index 1.01 MFI 62.42
Upl buy 94% sell 6% MFI 69.36
Veritas buy � MFI 87.96
Vitafoam buy 77% sell 23% volume index 3.14 MFI 90.64
Wapco buy 0% MFI 45.38
Wapic buy 43% sell 57% MFI 45.73
Wema buy � MFI 16.59
Zenith buy 67% sell 33% MFI 63.63

Investdata Weekly Sentiment Report

WORDS TO TRADE BY

“No one can see ahead three years, let alone five or ten. Competition, new inventions - all kinds of things - can change the situation in twelve months.”

― Thomas Rowe Price, Jr.

The market is fluid. It's constantly ebbing and flowing like the tide. Anyone who claims they can predict what the market will do years from now is selling snake oil.
But with proper research and an understanding of market timeframes, a trader can see upcoming changes on a daily basis.

Don't try to be a financial prophet. Stick with what you know about in the here and now. Watch market trends and adjust your trading strategy accordingly. Remember - you're in this for the long run.

WORDS TO TRADE BY

"Comfort makes more prisoners than all the jails combined."

― Grant Cardone

Comfort is of no benefit to traders. If you stick to doing what's comfortable, you'll never push your boundaries and realize your full potential.
There’s a big difference between security and comfort. We want to build financial security, but you'll have to leave your comfort zone to make it happen.
Comfortable becomes stagnant, unmoving, and passionless. Those aren't traits you want to pursue.
Push yourself to leave comfort behind. Step out and risk something for the sake of your future!

Sentiment Report for June 23, 2021

NGX buy 0% volume index 0.94 MFI 51.32
Access buy 0% MFI 79.27
Afrprud buy � MFI 41.96
Aiico buy � volume index 0.86 MFI 17.66
Chiplc buy 0% volume index 1.92 MFI 39.59
Dangsugar buy 80% sell 20% MFI 56.31
Fbnh buy 0% volume index 1.07 MFI 56.71
Fcmb buy � volume index 0.74 MFI 73.86
Fidelity buy 75% sell 25% volume index 1.11 MFI 60.64
Fmn buy 0% volume index 2.36 MFI 65.10
Honyflour buy � volume index 2.22 MFI 79.31
Jaiz buy 33% sell 67% MFI 30.90
Jagold buy 0% volume index 1.98 MFI 26.79
Lvstk buy 0% MFI 36.97
Mansard buy 0% MFI 51.47
Mben buy 50% sell 50% volume index 1.19 MFI 60.49
Oando buy 0% volume index 1.59 MFI 59.18
Regalins buy � MFI 23.35
Royalex buy 0% volume index 3.01 MFI 27.64
Sovrenins buy 0% MFI 15.54
Sterling buy 75% sell 25% volume index 0.83 MFI 24.67
Transcorp buy � volume index 1.22 MFI 28.54
Uacn buy � MFI 25.55
Uba buy � MFI 69.08
Ucap buy � volume index 0.89 MFI 64.28
Veritas buy � MFI 42.95
Vitafoam buy 33% sell 67% volume index 0.93 MFI 92.38
Wapic buy 33% sell 67% MFI 23.59
Wema buy 50% sell 50% MFI 16.36
Zenith buy 0% volume index 1.59 MFI 77.65

Investdata Daily Sentiment Report

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Further NGXASI Slide Creates New Entry Prospects Ahead Half-Year Reports


Market Update for June 22

It was a mixed session of selling pressure and buying interests on the Nigerian Exchange on Tuesday as the benchmark All-Share index closed lower for the second successive session on selloffs in highly capitalized stocks and profit taking in medium and low cap equities.

The oscillating trend as a result of sector rotation and corporate actions induced activities as players realigned their portfolios ahead of price adjustment and dividend payment by Airtel Africa and BUA Cement.

This mix trend in the key performance index is confusing at this point, but knowledgeable investors and traders should take advantage of the pullbacks to build wealth, even as trends remain trader-friend. Players should trade in stocks and sectors with positive trend that is clear and heading somewhere with good volume.

Oil price is hitting multi-year highs and the ongoing vaccination efforts waxing stronger across many climates that support global and domestic economic recovery expected to drive stock markets. We note that the earnings engines of many companies have, so far, improved during recession and post-recession as a result of the various Central Bank of Nigeria (CBN) interventions and the persisting stagflation in the midst of a weak economic recovery, which is why the Senate has summoned the Minister of Finance, Budget & National Planning to review the performance of the Economic Recovery & Growth Plan (ERGP), which was supposed to boost the nation’s GDP growth to 7%, but the country slipped into a recession last year.

Meanwhile, investors are looking forward to another earnings season on the Nigerian equity market to determine the state of quoted companies and by extension, their investments, considering the changing price patterns and trading environment to make informed decisions.

That is one reason it is so critical that you arm yourself with the right knowledge, tools and strategies necessary to navigate the current market situation. There is no better place to learn these necessities from seasoned experts at the Q3 Master Class tagged: “Roadmap To Improved Trading Results and Enhanced Confidence that boost your bottom line. “

Tuesday’s trading opened on the downside, following the price adjustment in BUA Cement for N2.07 per share dividend. This trend was sustained throughout the session on selloffs and profit bookings that pushed the NGX index to an intraday low of 37,847.07 basis points from its highs of 38,545.30bps on a low traded volume.

Market technicals were negative and mixed, as volume traded was higher than previous day’s in the midst of negative breadth and selling pressure as revealed by Investdata’s Sentiments Report showing 98% ‘sell’ volume and 2% buy position. Total transaction volume index stood at 0.96 points, just as momentum behind the day’s performance was relatively strong, as seen in the 57.19pts Money Flow Index, compared to previous day’s 64.85pts, indicating that funds left the market.

Index and Market Caps

At the end of Tuesday’s trading, the NGXASI lost 698.23bps, closing at 37,847.07bps, from an opening level of 38,545.301bps, representing a 1.81% decline, just as market capitalization lost N363.93bn, closing at N19.73tr, from its opening value of N20.07tr, also representing a 1.81% depreciation in value.

Attention: If you have not signed up for INVESTDATA buy and sell signal setup, don’t delay. As the number of stocks entering their buy range have just increased to 15 as they build new bullish base to be in our watchlist. These stocks are with double potentials to rally considering their earnings prospect and oscillating mood of the market.

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 again.

The downturn was driven by selloffs and profit booking in high and low cap stocks like Airtel Africa, BUA Cement, Zenith Bank, FBNH, PZ, Presco, Stanbic IBTC, UACN, Flour Mills, Dangote Sugar and NASCON Allied, among others. This impacted negatively on Year-To-Date loss, raising it to 6.02%, while the drop in market capitalization YTD stood at N1.33tr, representing a 6.32% drop from its opening value for the year.

Mixed Sector Indices

Performance indexes across sectors were mixed, with the NGX Industrial Goods, Insurance and banking closing 1.13%, 0.39% and 0.07% lower respectively, while the NGX Oil/Gas led the advancers after a mild 0.05% gain, followed by Consumer Goods with 0.02% high.

Market breadth closed negative with 23 decliners and 18 advancers; while transactions in volume and value terms were up as investors exchanged 218.27m shares worth N2.73bn, compared to the previous day’s 209.21m units valued at N1.76bn. Volume was driven by trades in Transcorp, Vitafoam, Dangote Sugar FBN Holding and Access Bank.

Fidson Healthcare and Vitafoam were the best performing stocks for the day aftergaining 10% and 9.68%, closing at N5.06 and N13.60 per share respectively on market forces and earnings expectation. On the flipside, Airtel Africa and Mutual Benefits Assurance lost 10% and 7.32% respectively, closing at N678.00 and N0.38 per share, on selloff and profit taking.

Market Outlook

We expect a reversal after NGX index action has formed a ZIGZAG and wave pattern that signals an uptrend as we wait to confirm today on market forces as bargain hunters take advantage of pullback to reposition ahead of quarter end and earnings season. It is noteworthy that oil price continues its recovery at the international market with full-year and interim dividend possibilities around the corner.

We note 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 $73pb to support global economic 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 Q1 mixed numbers.

Again, the way to go is: Target dividend-paying stocks and fundamentally sound companies with growth prospects in 2021, looking the way of mispriced equities ahead of interim dividend announcement. This is especially given that despite the seeming improvements, fixed income yield continues to offer 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 July.

https://investdata.com.ng/further-ngxasi-slide-creates-new-entry-prospects-ahead-half-year-reports/

Are you Joining us Next Week Saturday?

Frankly, several Investors have saved seats for the Invest Q3 Masterclass that will hold on Saturday 3rd July 2021 via zoom. Time 09:00am

It's so amazing to see the response that we've gotten. This is exactly why I'm having this MasterClass, to begin with. We are going to be talking about the Strategy for growing your portfolio in Q3.

Get ready to take notes + Ask as many questions as you want!

But, there is a "catch..."

We're almost OUT of seats - Save Yours now!
Call 08028164085, 08179547605

Or click on the below link

https://workshop.investdataonline.com/confirm2/

You're not going to want to miss out on this seminar. I'm going to walk you through the below:

1. Improve your chances of entering winning trades, using volume factor and analysis to see what the market is doing more clearly and with a greater degree of confidence.
2. Entry and exit technique that gets you in and out at good prices and add to your bottom line
3. Knowing the factor that fuel stock market trading and how its impact your portfolio
4. How to read the higher and trading time frame bars for a true trading edge
5. Selecting portfolios that beat inflation in a recovery economy
6. Actionable trade ideas and stock chart analysis
7. 5 hot stocks that beat inflation
8. Special Telegram group for immediate action taking, updates and direction
9. Host of others

REMEMBER: NO REPLAY

I can't promise any replays - so either join us LIVE or miss out.

Happy Trading,
Ambrose Omordion

Sentiment Report for June 22, 2021

NGX buy 2% sell 98% volume index 0.98 MFI 63.99
Access buy � volume index 0.80 MFI 83.06
Afrprud buy � volume index 2.37 MFI 40.10
Bua buy � volume index 0.72 MFI 0.00
Chams buy � MFI 83.71
Chiplc buy � MFI 45.64
Courtville buy � MFI 8.82
Fbnh buy 50% sell 50% volume index 1.23 MFI 69.11
Fcmb buy � volume index 0.89 MFI 72.80
Fidelity buy � volume index 0.87 MFI 52.81
Glaxo buy 0% volume index 1.62 MFI 45.51
Jagold buy � volume index 1.11 MFI 24.30
Lvstk buy 83% sell 17% volume index 4.05 MFI 44.05
Mben buy 0% MFI 54.82
Royalex buy � MFI 35.05
Sovrenins buy 0% MFI 22.08
Stanbic buy 0% volume index 3.31 MFI 18.78
Sterling buy � volume index 1.14 MFI 25.63
Transcorp buy � volume index 4.34 MFI 28.62
Uacp buy 0% MFI 77.41
Uacn buy � MFI 40.00
Uba buy 50% sell 50% volume index 0.73 MFI 72.94
Ucap buy � volume index 0.98 MFI 55.38
Vitafoam buy � volume index 5.66 MFI 89.31
Wema buy � MFI 16.51
Zenith buy 0% MFI 88.23

Investdata Daily Sentiment Report

WORDS TO TRADE BY

"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."

― Warren Buffett

In other words, just because a stock is cheap doesn't mean it's a good investment. Buffett would much rather pay a little more for a great business.
Why? Because good companies make you more money over the long term.
A cheap stock shouldn't be an automatic buy. Do your research and learn as much as you can about the company before investing.

Mixed Trend Ahead On NGX, As Bargain Hunters Q2 Earnings Reposition


Market Update for June 21

Trading activities on the Nigerian Exchange for the week started on a negative outing, halting three straight sessions of up market on a low traded volume and sell sentiment that weighed down the benchmark NGX All-Share index, joining its counterparts across the globe, as they closed south despite the rally in oil price to $73.72 at the international market.

Monday also began the last full trading week of June, and investors fix their gaze on month and quarter-end window dressing, while all eyes stay fixed on corporate earnings expected to support market fundamentals and stock prices. This is especially true of stocks with positive and up trending 2020 and Q1 2021 earnings which have given insights as to what investors should expect at the end of half-year.

Analyzing comparatively, in Q2 2020, there was much of COVID-19 impact, despite which the market still rallied, after which the entire dynamics changed for good by Q3, even when the economy seemingly disconnected from the market. This year, however, there is a change in the narrative with the vaccination and oil driving the global economy as it opens up, just as the stock market. It is therefore expected that the quoted companies will perform even better in Q3 2021, just as we anticipate that the market will reverse up on the strength of the half-year earnings reports.

On account of these factors, those investors that are aware of these trends in the market will start strategizing and taking position, while keeping their gaze on a number of companies that declare interim dividend in Q2. This trend is likely going to continue, hence out expectation that the market would turn positive for the rest of the quarter and year.

That is one reason it is so critical that you arm yourself with the right knowledge, tools and strategies necessary to navigate the current market situation. There is no better place to learn these necessities from seasoned experts at the Q3 Master Class tagged: “Roadmap To Improved Trading Results and Enhanced Confidence that boost your bottom line. “

Meanwhile, Monday’s trading started slightly on the downside, but oscillated, turning positive by midday, after which it pulled back on profit-taking and portfolio readjustments that pushed the NGX index to an intraday low of 38,545.30 basis points from its highs of 38,678.48bps.

Market technicals were negative and mixed, as volume traded was lower than previous day’s in the midst of positive breadth and selling sentiment as revealed by Investdata’s Sentiments Report showing 100% ‘sell’ volume. Total transaction volume index stood at 0.91 points, just as momentum behind the day’s performance was relatively strong, as seen in the 64.85pts Money Flow Index, compared to previous day’s 71.44pts, indicating that funds left the market.

Index and Market Caps

The composite NGXASI, at the end of Monday’s trading, lost 103.61bps to close at 38,545.30bps, from an opening level of 38,648.91bps, representing a 0.27% decline, just as market capitalization shed N54bn, closing at N20.09tr, from its opening value of N20.14tr, also representing a 0.27% value loss.

Attention: If you have not signed up for INVESTDATA buy and sell signal setup, don’t delay. As the number of stocks entering their buy range have just increased to 15 as they build new bullish base to be in our watchlist. These stocks are with double potentials to rally considering their earnings prospect and oscillating mood of the market.

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 again.

Monday’s downturn is attributable to selloffs and profit booking in medium and low cap stocks like Dangote Sugar, Fidson Healthcare, Oando, Ecobank Transnational Incorporated, Mutual Benefits, FTN Cocoa and Lasaco Assurance, among others. This impacted negatively on Year-To-Date loss, raising it to 4.28%, while the drop in market capitalization YTD soared to N976.48bn, representing a 4.45% drop from its opening value for the year.

Mixed Sector Indices

Performance indexes across sectors were mixed, with the NGX Insurance and Oil/Gas closing 1.13% and 0.07% lower respectively, while the NGX Banking led the advancers after a mild 0.11% gain, followed by Industrial and Consumer Goods with 0.06% and 0.03% respectively.

Market breadth closed marginally positive 18 advancers and 17 decliners; while transactions in volume and value terms were down as stockbrokers crossed 209.21m shares worth N1.76bn, compared to the previous day’s 220.64m units valued at N2.53bn. Volume was driven by trades in Access Bank, AXA Mansard Insurance, Zenith Bank, Mutual Benefits Assurance and Chams.

The best performing stocks for the day were Meyer and Champion Breweries which gained 8.77% and 6.06%, closing at N0.62 and N2.10 per share respectively on market forces. On the flipside, Fidson Healthcare and Lasaco lost 9.80% and 9.33% respectively, closing at N4.60 and N1.36 per share, on profit taking and selloff.

Market Outlook

We expect a mixed trend as bargain hunters take advantage of pullback to reposition ahead of quarter end and earnings season, as oil price continues its recovery at the international market with full-year and interim dividend possibilities around the corner.

We note 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 $73pb to support global economic 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 Q1 mixed numbers.

Again, the way to go is: Target dividend-paying stocks and fundamentally sound companies with growth prospects in 2021, looking the way of mispriced equities ahead of interim dividend announcement. This is especially given that despite the seeming improvements, fixed income yield continues to offer 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 July.

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, 08111811223 now.

https://investdata.com.ng/mixed-trend-ahead-on-ngx-as-bargain-hunters-q2-earnings-reposition/

Sentiment Report for June 21, 2021

NGX buy � volume index 0.91 MFI 71.52
Access buy 50% sell 50% volume index 1.30 MFI 80.93
Afrprud buy 0% volume index 0.95 MFI 31.05
Chams buy 0% volume index 2.67 MFI 77.29
Chiplc buy � volume index 3.61 MFI 45.90
Dangsugar buy � volume index 2.96 MFI 23.50
Fbnh buy � volume index 0.81 MFI 81.37
Fcmb buy � MFI 79.39
Fidelity buy 50% sell 50% MFI 47.72
Fmn buy � volume index 2.27 MFI 73.55
GT buy 75% sell 25% MFI 27.66
Honyflour buy 90% sell 10% volume index 1.53 MFI 79.10
Jagold buy 0% MFI 26.68
Lvstk buy � MFI 56.97
Mansard buy 0% volume index 3.32 MFI 52.87
Mben buy 0% volume index 2.62 MFI 52.14
Nahco buy � volume index 1.45 MFI 23.23
Royalex buy � volume index 1.63 MFI 37.16
Sovrenins buy 0% volume index 1.16 MFI 24.14
Stanbic buy � volume index 2.67 MFI 22.72
Sterling buy � volume index 1.08 MFI 24.90
Transcorp buy � MFI 58.34
Uacp buy � volume index 1.06 MFI 90.63
Uacn buy � MFI 35.82
Uba buy � MFI 73.94
Ucap buy � volume index 0.72 MFI 41.58
Vitafoam buy � volume index 0.72 MFI 85.81
Wapic buy 0% volume index 0.96 MFI 41.22
Wema buy 20% sell 80% volume index 1.47 MFI 15.24
Zenith buy � volume index 0.75 MFI 81.20

Investdata Daily Sentiment Report

Quote of the day

Quote of the day

The best investment you can make, is an investment in yourself... The more you learn, the more you'll earn.

Warren Buffett

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 waits for no one.

Hello Investors and Traders,

I just posted Questions and Answers with Ambrose Omordion as at 19/06/2021.

Don't forget to Share with me what you think about the Video.

Also Click on subscribe button so that you can be among the first to get the latest update.


https://www.youtube.com/watch?v=ezezAZTUp6E

Ambrose Omordion

Sentiment Report for the week Ended June 18, 2021

NGX buy 27% sell 73% MFI 49.67
Access buy � volume index 0.85 MFI 47.00
Afrprud buy � MFI 39.17
Aiico buy 0% MFI 53.95
Ardova buy � MFI 62.49
Berger buy � volume index 6.51 MFI 98.03
Cadbury buy 67% sell 33% volume index 0.73 MFI 25.23
Chams buy 0% volume index 0.85 MFI 37.02
Chiplc buy 46% sell 54% volume index 1.66 MFI 66.05
Cileasing buy 0% volume index 0.72 MFI 40.56
Corner buy � volume index 1.17 MFI 38.76
Courtville buy 0% volume index 0.70 MFI 53.91
Custodian buy 0% MFI 45.69
Cutix buy � MFI 63.91
Dangsugar buy 83% sell 17% MFI 28.85
Eterna buy 0% MFI 87.64
Eti buy 0% volume index 2.63 MFI 69.00
Fbnh buy � MFI 55.84
Fcmb buy � MFI 75.48
Fidelity buy 75% sell 25% MFI 32.28
Fmn buy 95% sell 5% MFI 37.15
Ftn buy 50% sell 50% MFI 19.67
GT buy 61% sell 39% MFI 37.18
Honyflour buy 67% sell 33% volume index 1.66 MFI 57.88
Jaiz buy � MFI 27.26
Jagold buy 43% sell 57% MFI 48.34
Lasaco buy � MFI 39.54
Learn buy � volume index 2.40 MFI 52.60
Linkass buy 0% MFI 86.25
Lvstk buy 25% sell 75% MFI 53.05
Mansard buy 50% sell 50% MFI 45.34
Mben buy 17% sell 83% MFI 55.28
Mtnn buy � MFI 90.33
Nahco buy � MFI 47.38
Nascon buy � volume index 1.30 MFI 33.09
Neimeth buy � MFI 46.93
Nem buy 9% sell 91% MFI 44.36
Npf buy � MFI 45.40
Oando buy 40% sell 60% MFI 51.30
Presco buy � volume index 4.79 MFI 36.72
Pz buy � MFI 79.75
Red buy � volume index 1.11 MFI 60.51
Regalins buy � volume index 0.80 MFI 69.71
Royalex buy � volume index 1.50 MFI 38.04
Seplat buy � volume index 0.73 MFI 100.00
Sovrenins buy 50% sell 50% volume index 0.98 MFI 30.63
Stanbic buy 0% MFI 45.99
Sterling buy 70% sell 30% volume index 3.27 MFI 25.42
Transcorp buy � MFI 51.84
Uacp buy � MFI 55.05
Uacn buy 54% sell 46% volume index 1.24 MFI 75.17
Uba buy 80% sell 20% MFI 53.00
Ucap buy 94% sell 6% MFI 73.18
Unilever buy 80% sell 20% volume index 1.17 MFI 38.66
Unity buy � MFI 99.01
Vitafoam buy 80% sell 20% volume index 1.21 MFI 87.80
Wapco buy 0% MFI 40.87
Wapic buy 80% sell 20% MFI 50.24
Wema buy 0% volume index 1.95 MFI 9.68
Zenith buy � volume index 0.73 MFI 53.60

Investdata Weekly Sentiment Report

It applies to all...

Ambrose Here Again,

It is a known fact that we all aspire for things to change for the best, especially in our finances and career. Everyone enjoys the happiness and merriment of progressing in life. In fact, it builds the confidence needed for greater achievement.

On the contrary, when you experience stagnation or things are not moving as anticipated, you tend to blame all other factors including your environment. You have forgotten that for things to change for you, you have to change.

You don't have to change what is outside because you don't have control over them, you just have to change what is inside.

That is, to earn more in the marketplace, you have to learn more. You have to also become more. This also means that you should never ever wish for fewer problems, but more skills.

It applies to all.

Want to earn more and get the best in the next quarter? register for the Invest Q3 Masterclass “Roadmap For Improved Trading Results & Enhanced Confidence" if you are really sincere about growing your portfolio in the next quarter.

https://workshop.investdataonline.com

Or call or Chat Admin 08028164085, +234 817 954 7605


Best
Ambrose Omordion

NGX May Sustain Rebound, As Investors Position For March, April, May Accounts


Market Update for June 17

The nation’s equity market sustained it seeming bull transition on Thursday as the benchmark index closed positively, following the renewed buying interests in the financial and consumer goods stocks that extended the positive outing for the second successive session on a low traded volume and positive market breadth.

The positive sentiment and recovery move at this point shows that the market is heading somewhere, especially as all eyes are on March year-end accounts, and despite the oscillation on profit taking and selloffs. Investors should position wisely and ride with the trend as it is your friend until it changes.

To make a difference in your trading and investing in the second half of 2021, as the temperatures outside there is heating up with the changing markets and windows, even as the trading environment fuels volatility, especially considering the rising yields in fixed income. Other factors under consideration are the security challenges, high inflation, massive digital currency fluctuations, unstable exchange rates, mismatch in government policies, high unemployment rate and threats to freedom of expression. In all these, however, there are huge opportunities to be capitalized on, but we must warn of equally of major pitfalls that should be avoided.

That is why it’s so critical that you have the right knowledge, tools and strategies necessary to maneuver in the current market situation, and there is no better place to learn these necessities from me and other experts at the Q3 Master Class, Roadmap To Improved Trading Results and Enhanced Confidence that boost your bottom line.

Meanwhile, Thursday’s trading opened slightly on the upside, but oscillated throughout the session on positioning and profit taking that pushed the NGX index to an intraday high of 38,624.53 basis points from its lows of 38,570.721bps.

Market technicals were positive and mixed, as volume traded was lower than previous day’s in the midst of breadth favoring the bulls on buying sentiment, as revealed by Investdata’s Sentiments Report showing 82% ‘buy’ volume and 18% sell position. Total transaction volume index stood at 0.66 points, just as momentum behind the day’s performance was relatively strong, as seen in the 64.29pts Money Flow Index, compared to previous day’s 58.84pts, indicating that funds entered the market.

Index and Market Caps

At the end of session, the NGX All-Share index (NGXASI) gained 50.41bps to close at 38,615.11bps, from an opening level of 38,564.70bps, representing a 0.13% up, just as market capitalization rose N26.28bn, closing at N20.13tr, from its opening value of N20.1tr, also representing a 0.13% appreciation in value.

Attention: If you have not signed up for INVESTDATA buy and sell signal setup, don’t delay. As the number of stocks entering their buy range have just increased to 15 as they build new bullish base to be in our watchlist. These stocks are with double potentials to rally considering their earnings prospect and oscillating mood of the market.

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 again.

The session’s uptrend was supported by buying interest in Guaranty Trust Bank, Zenith Bank, Nigerian Breweries, Vitafoam, UACN, UBA, Beger Paints, Champion Breweries, AIICO and Cornerstone Insurance, among others. This impacted mildly on Year-To-Date loss, reducing it to 4.11%, while the drop in market capitalization YTD amounted to N922.19bn, representing a 4.38% drop from its opening value for the year.

Mixed Sector Indices

Performance indexes across sectors were mixed, with the NGX Insurance, Banking and Consumer Goods closing 1.01%, 0.81% and 0.18% higher respectively, while the NGX Industrial goods shed 0.02%.

Market breadth closed positive, as advancers overwhelmed decliners in the ratio of 18:8; while activities in volume and value terms were down as investors exchanged 160.44m shares worth N1.4bn, compared to the previous day’s 302.72m units valued at N2.81bn. Volume was driven by trades in Wema Bank, Mutual Benefits Assurance, Zenith Bank, Sterling Bank and FBN Holdings.

Champion Breweries and Coronation Insurance were the best performing stocks for the day after gaining 10% and 9.43%, closing at N1.98 and N0.58 per share respectively on market forces and earnings expectation. On the flipside, Consolidated Hallmark Insurance and Unity Bank lost 8.96% and 3.51% respectively, closing at N0.61 and N0.55 per share, on profit taking.

Market Outlook

We see the rebound sustained as player’s digest the inflation data, high oil price and dividend possibilities in the midst of buyers dominating sellers in recent trading sessions, revealing the presence of bargain hunters taking advantage of the pullbacks to position for quarter-end window dressing, seeming positive economic data ahead of March, April and May full-year earnings reports. We note that half-year interim dividend stocks are becoming more attractive at this point for income investors and traders, even as the market anticipates positive news, while oil price continues to oscillate above $72pb to support global economic 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 Q1 mixed numbers.

Again, the way to go is: Target dividend-paying stocks and fundamentally sound companies with growth prospects in 2021, looking the way of mispriced equities ahead of interim dividend announcement. This is especially given that despite the seeming improvements, fixed income yield continues to offer 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 July.

https://investdata.com.ng/ngx-may-sustain-rebound-as-investors-position-for-march-april-may-accounts/

Sentiment Report for June 17, 2021

NGX buy 82% sell 18% MFI 64.29
Berger buy � volume index 4.06 MFI 100.00
Chiplc buy 0% volume index 0.88 MFI 54.37
Courtville buy � MFI 9.04
Fbnh buy � MFI 68.18
Fcmb buy � MFI 80.75
Fidelity buy 0% MFI 34.88
Fmn buy � volume index 1.13 MFI 53.64
GT buy 75% sell 25% MFI 27.66
Honyflour buy 17% sell 83% volume index 2.12 MFI 81.98
Jagold buy 50% sell 50% MFI 33.30
Learn buy � volume index 0.79 MFI 24.32
Mben buy 80% sell 20% volume index 4.25 MFI 69.73
Regalins buy � MFI 30.71
Sovrenins buy � MFI 17.95
Sterling buy � volume index 1.38 MFI 18.97
Transcorp buy � MFI 60.54
Uacp buy � volume index 0.95 MFI 93.08
Uacn buy 0% MFI 30.81
Uba buy � MFI 79.17
Ucap buy 0% MFI 38.85
Unilever buy � volume index 3.99 MFI 51.44
Veritas buy 0% MFI 42.91
Vitafoam buy 50% sell 50% MFI 85.80
Wapic buy � MFI 43.28
Wema buy 0% volume index 6.01 MFI 16.79
Zenith buy 86% sell 14% volume index 0.73 MFI 77.72

Investdata Daily Sentiment Report

Nigeria’s NGXASI Become More Attractive For Bargain Hunters, After 1.66% Slide


Market Update for June 15

Nigeria’s equity market on Tuesday had a very volatile and mixed session, closing lower on a very high traded volume but negative breadth, thereby extending profit booking from the recent rally for the second consecutive day as consumer goods stocks, especially those in agribusiness and telecomm come under pressure.

The selling sentiment as witnessed after the Democracy Day holiday is normal, given the recent price appreciation recorded by blue-chip and medium cap stocks, which to us in investdata is not surprising. This is because we have previously warned that a pullback after the market index has broken out the 39,000 mark will add more strength to the recovery move, with a high possibility of breaking out the 42,000 level, depending on the inflow of expected half-year numbers in the coming weeks.

The seeming positive economic data showing that Consumer Price Index for the month of May will come as a surprise to many, after Nigeria’s National Bureau of Statistics reported a further drop in the general prices of goods and services, or inflation rate by 19 basis point to 17.93%, from April’s 18.12%. This makes two months of slowdown in the nation inflation numbers as given by the statistics bureau, despite the geometric rise in food and other prices in the market, a situation that is blamed on the lingering insecurity across the country and the sustained devaluation of the Naira against other currencies across the globe. The misalignment may require explanation or provision of facts by the bureau to assure Nigerians that it providing real data from the fields.

It is not all bad news, after all, as oil price recovery continued at the international market with crude selling above $73 per barrel, which is 62.22% above the nation 2021 budget benchmark of $45pb.

This is expected to boost government revenue, enabling it meet the growing expenditure, while hastening economic recovery, and reduce the debt burden and borrowing propensity from the local and international capital market, provided there are buyers for the nation’s oil. We, however note that the impact of the surge in oil price is yet to reflect on the Nigerian economy, due to the budget implementation and disbursement style of government and its economic managers.

Meanwhile, Tuesday’s trading opened slightly on the upside and oscillated till midday before pulling back in the afternoon on selloffs in Airtel Africa and profit taking in blue chip stocks that pushed the NGX index action below the 39,000 psychological line to touch intraday low of 38,491.86bpfrom its highs of 39,168.59bps.

Market technicals were negative and mixed with volume traded higher than previous day in the midst of breadth that favoured the bears on high selling sentiments, as revealed by Investdata’s Sentiments Report showing 98% ‘sell’ volume and 2% buy position. Total transaction volume index stood at 1.21 points, just as momentum behind the day’s performance was relatively strong, as seen in the 60.13pts Money Flow Index, compared to previous day’s 61.12pts, indicating that funds left the market.

Index and Market Caps

At the end of Tuesday’s trading, the composite NGX All Share Index shed a significant 648.99bps to close at 38,507.33bps, from an opening level of 39,156.20bps, representing a 1.66% decline, just as market capitalization fell by N339.85bn, closing at N20.07tr, from its opening value of N20.41tr, also representing a 1.67% depreciation in value, higher than that of the index due to the delisting of Roads Nigeria, UNIC Diversified Holding, Evans Medical and Nigerian German Chemicals.

Attention: If you have not signed up for INVESTDATA buy and sell signal setup, don’t delay. As the number of stocks entering their buy range have just increased to 15 as they build new bullish base to be in our watchlist. These stocks are with double potentials to rally considering their earnings prospect and oscillating mood of the market.

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 again.

Tuesday downtrend was driven by profit taking in stocks like Airtel Africa, Okomu Oil, Presco, Livestocks, Flourmills, Guinness, PZ, Vitafoam, UACN, NASCON, Dangote Sugar, Guaranty Trust Bank, Stanbic IBTC, and UBA, among others. This impacted negatively on Year-To-Date loss, as it increased to 4.38%, while the drop in market capitalization YTD jumped to N952.38bn, representing a 4.66% drop below its opening value for the year.

Bullish Sector Indices

Performance indexes across sectors were up, except for the NGX Consumer Goods that closed 0.18% lower, while the NGX Insurance led the advancers, after gaining 0.41%, followed by Banking and Energy with 0.16% and 0.13% higher respectively. Just as NGX Industrial goods was flat.

Market breadth closed negative, as losers outnumbered gainers in the ratio of 26:17; while activities in volume and value terms increased after traders crossed 297.35m shares worth N3.65bn, compared to the previous day’s 289.08m units valued at N3.55bn. Volume was boosted by trades in Access Bank, Sterling Bank, Zenith Bank, UACN and UBA.

Computer Warehouse Group and Berger Paints were the best performing stocks during the session, as they gained 9.73% and 6.72%, closing at N1.24 and N7.15 per share respectively on market forces and Q2 earnings expectations. On the flipside, Airtel Africa and Okomu Oil lost 10% and 9.44% respectively, closing at N753.5 and N105.5 per share, on selloffs and profit taking.

Market Outlook

We expect that a rebound is underway, as profit-taking may slow down on bargain hunters cashing in on these pullbacks to position for quarter end window dressing, seeming positive economic data ahead of March, April and May full year earnings reports. We note that half-year interim dividend stocks are becoming more attractive at this point for income investors and traders, even as the market anticipates positive news, while oil price continues to oscillate above $72pb to support global economic 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 Q1 mixed numbers.

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

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/nigerias-ngxasi-become-more-attractive-for-bargain-hunters-after-1-66-slide/

Sentiment Report for June 15, 2021

NGX buy 2% sell 98% volume index 1.21 MFI 60.13
Access buy � volume index 2.05 MFI 65.94
Aiico buy 0% MFI 22.56
Corner buy 0% volume index 5.70 MFI 57.27
Dangsugar buy � volume index 4.29 MFI 4.64
Eti buy � volume index 4.07 MFI 70.38
Fbnh buy � MFI 59.42
Fcmb buy � MFI 76.82
Fidelity buy 50% sell 50% MFI 32.16
Fmn buy 0% volume index 1.01 MFI 56.76
Ftn buy 50% sell 50% volume index 1.48 MFI 18.94
GT buy 0% MFI 26.79
Honyflour buy � volume index 1.66 MFI 73.01
Jaiz buy � MFI 58.30
Jagold buy 0% MFI 36.30
Learn buy 9% sell 91% volume index 4.85 MFI 19.85
Lvstk buy 0% volume index 1.15 MFI 60.21
Mansard buy � volume index 2.84 MFI 57.20
Mben buy � volume index 0.88 MFI 51.32
Mtnn buy � volume index 2.71 MFI 76.14
Nascon buy 67% sell 33% volume index 3.55 MFI 43.85
Neimeth buy � volume index 1.96 MFI 33.21
Nem buy 9% sell 91% MFI 28.08
Oando buy � volume index 0.97 MFI 62.86
Presco buy � volume index 6.81 MFI 0.00
Pz buy � volume index 2.24 MFI 63.41
Regalins buy � volume index 1.02 MFI 36.44
Royalex buy � volume index 1.26 MFI 36.79
Sovrenins buy 0% MFI 42.61
Stanbic buy 0% volume index 1.70 MFI 9.00
Sterling buy � volume index 4.52 MFI 30.85
Transcorp buy 50% sell 50% MFI 56.76
Uacp buy � volume index 1.05 MFI 93.39
Uacn buy 27% sell 73% volume index 2.70 MFI 50.61
Uba buy 0% volume index 1.68 MFI 70.85
Ucap buy � MFI 33.54
Vitafoam buy 0% volume index 1.60 MFI 85.41
Wapic buy � volume index 1.07 MFI 40.79
Wema buy � volume index 2.04 MFI 38.87
Zenith buy � volume index 1.16 MFI 68.40

Investdata Daily Sentiment Report

BUY AND SELL SIGNAL

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.

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 login on the membership site before you can have access to it.

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.

Kindly click on the below link now to login with your username and password
http://investdataonline.com/buy-sell-signal/

Investdata 2021 Q3 Masterclass

Theme: Road Map For Improved Trading Results & Enhanced Confidence

Sub-Topics

Building Wealth with Diversified Portfolios In Amidst Economic Recovery, Stagflation Alhaji KurfiGarba MD/CEO Apt Securities & Funds Ltd

Combining Technical Indicators & Tools With Higher Time Frame To Initiate, Manage Trades Mr. Abdul-Rasheed OshomaMomoh, Head Capital Market at Trw Stockbrokers Ltd

Volume Factors That Give Profitable Signals in Any Market Phase, or Cycle, Mr. Ambrose Omordion, Chief Research Officer, Investdata Consulting Ltd

This Master Class will cover
1. Selecting portfolios that beat inflation in a recovery economy
2. How to read the higher and trading time frame bars for a true trading edge.
3. Knowing the factor that fuels stock market trading and how it impacts your portfolio.
4. Entry and exit techniques that get you in and out at good prices and add to your bottom line.
5. Improve your chances of entering winning trades, using volume factor and analysis to see what the market is doing more clearly and with a greater degree of confidence.
6. 5 Hot inflation-beating stocks
7. Q3 trade ideas and sectorial indexes charting

However, with less than 28 days to the beginning of Q3 2021, you need a road map to navigate the quarter profitably with confidence. Don’t miss this opportunity as we count down to July 3, 2021, for this Master Class.

Date: July 3, 2021

Time: 9 am prompt

Venue: ZOOM.

Fee: N 50,000

WORDS TO TRADE BY

"Rule #1: Don’t lose money. Rule #2: Don’t forget Rule #1."

―Warren Buffett

We trade so we can make money. That's really what this is about. So losing money is antithetical to our trading endeavors. Warren may sound like he's being simplistic, but he's right. The number one rule of investing is "don't lose money."

But the fact is, you will lose money. It will happen, so go ahead and prepare yourself for it. But if you can follow a trading plan that makes your wins more numerous than your losses, you'll be a winner, plain and simple. Get back to trading, put in the effort, and don't lose money!

Frankly...Please tell me if I am Right

Ambrose Here,

Don’t blame the government, don’t blame your environment, don’t blame your employer, don’t blame your negative friends and family, don’t blame the economy, and don’t blame the current taxes for your current Status but your personal philosophy…Jim Rohn

Last week Saturday was a public holiday precisely democracy day. Is it worth celebrating because it is all you’ve got? Well, you might be thinking that how has the government policies impacted your life thereby causing the only seed you have to become a better person.

In this country of abundant opportunities, it is a common culture that we blame the government, the economy, the political parties, people around us whereas it will not change rather worsen and I don’t know when it will. Unfortunately, those above-mentioned variables are the only thing you have in order to achieve your financial success in this country.

However, you might be wondering that if you don’t cause those variables, what else can you do? After all, their policies have affected your salary, savings, investments, or business opportunity in one way or the other.

Sincerely, I must confess that you don’t have control over them. That is the economy, political parties, environment, and government policies. All these will not change to suit only you!. Thus the only option available is to change your personal philosophy about life.

Yes, your personal philosophy is the only thing within your control. That is, you need to change your approach in dealing with life situations. After all, what has not made you achieve your financial goals are little repeated errors and judgment over a period of time. Not the government here, not the economy.

Frankly, the inspiration that your success is in your personal philosophy is not enough for you to transform your life. That is, inspiration is not enough. So the first step is to seek knowledge immediately...

Simply put, how much do you know about investing? Have you explored it to the fullest? I mean there are 1000 ways of doing it better or you are part of those WHO WILL SAY I HAVE NOT USED THE ONES I HAVE YET (Attitudes). Without knowledge, your inspiration will die and fizzle away.

Hence, invest in yourself so that you can get the best out of the current economy because you cannot invest in the below and not join the top 5%.

Register for the Q3 Invest Masterclass. Click on the below link to get started immediately.

https://workshop.investdataonline.com

and STOP COMPLAINING ABOUT WHAT IS NOT WITHIN YOUR CONTROL!!

Call NOW �
08028164085
Dedicated to your Financial Success
Ambrose Omordion

Portfolio Realignments, Uptrend May Persist, Amid Economic Data, Earnings Expectations


Market Update for the Week Ended June 11 and Outlook for June 15-18

Nigeria’s equity market last week sustained an uptrend to consolidate the previous week’s positive outing on strong buying interests and momentum as analysts and traders expect inflation data for the month of May in the new week, while keeping an eye on the expected half-year earnings reporting season and interim dividend declarations.

Before then also, investors are eagerly awaiting audited financials from the few March, April and May full-year accounts expected to hit the market any moment soon, even as their quarterly scorecards released before now must have revealed the earnings power. This is despite the changing trade patterns and environment now fueling market volatility in the midst of rising yields in the fixed income segment6, inflationary pressure and insecurity.

In all of these, there are huge opportunities to make money or create more wealth by buying right and avoiding major pitfalls that could push you into losses, which is why it is so critical and important that you acquire the knowledge, tools and strategies needed to stay ahead of current market situation. There is no better place to learn and boost your confidence than attending Investdata Q3 master class for improved trading and investing results.

The NGX index action during the week under review witnessed a breakout of the 39,000 mark as discussed, revealing strong recovery and consolidation, going by the fact that the market had suffered decline in May due to pullbacks and corrections.

The mixed performance recorded within the period shows strength in the recovery move, suggesting that any pullback at this point indicates the required strength to push the index above the 42,000bps, all things being equal. As such, investors should play the market intelligently, targeting small profit as they move with the trend. However, we remind investors that that profit taking is inevitable at any point in an equity market.

The less-than-average traded volume shows that some players are watching positions they already have taken, waiting for the next breakout levels of 39,494.70 and 39,674.48 basis points, after the NGX All-Share index action tested the 39,210 points that triggered another ‘buy’ opportunity for breakout traders.

For the Nigeria economy to achieve the stronger 1.84% GDP growth expected in the latest World Bank forecast released during the week, the fiscal and monetary authorities must formulate policies and execute them as envisaged in the projection for the 2021 year-end, as against the 0.51% recorded in Q1.

Movement Of NSEASI

It was a mixed week of positive sentiment and buying interests, extending the previous week’s bullish rebound as the key performance index recorded three sessions of up market, while it was down in two due to profit taking.

The NGXASI closed on the first day of the week with a 0.08% drop, before rebounding on Tuesday, when it gains 0.50%, a move that was sustained at midweek and Thursday, when it gained 0.74% and 0.10% respectively. It however suffered a marginal 0.11% decline on Friday arising from profit booking by investors. This left the week total gain at 1.11%, compared to previous week’s 1.23% notch.

Consequently, the composite NGX index gained 430.18 basis points, closing at 39,156.23bps from an opening level of 38,726.10bps, touching an intra-week high of 39,262.71bps from its lows of 38,661.48bps, on sustained buy interests in high cap and blue-chip stocks. Within the same period, market capitalization rose by N224bn, closing at N20.41tr, compared to previous week’s N20.19tr, which also represented a 1.11% gain.

The week’s advancers table was dominated by medium cap stocks, as portfolio repositioning continued ahead of economic data and Q2 earnings expectations. Also, trading and price actions revealed the presence of smart money in the market, which impacted positively on the sectorial indexes as four sectors closed higher, despite price adjustment in six companies. They are: BOC Gases, NEM Insurance, Skyway Aviation, Beta Glass, Jaiz Bank, and Stanbic IBTC for dividends and scrip issues declared by their boards.

The week recorded a slight negative breadth with decliners almost equal advancers in the ratio of 36:35 on 82% buying sentiment and 18% sell volume,as Money Flow Index looked up, reading 48.69bps, from the previous week’s 40.65 points. An indication that funds are entering the equity space.

NSEASI WEEKLY CHART MOVEMENT

The systematical triangle-chart pattern formation of the NGX Index action supports a continuation of the uptrend, depending on market forces in the new week. The candlestick is yet to give any signal on a weekly and daily chart.

This is happening at a time crude oil sellingabove $71.64 per barrel level at the international market, as more economies reopen for business activities while the Covid-19 vaccination is on a high gear at the global and domestic levels. There is also the impact of positive economic data from U.S and China that would support oil prices.

Bullish Sectoral Indices

Performance indexes across the sectors were up, except for the NGX Insurance index that closed 4.12% lower, while the NGX Industrial goods led the advancers, after gaining 2.36%, followed by Oil/Gas, Consumer Goods and Banking that closed higher by 1.37%, 1.06% and 0.89% respectively.

The general market’s outlook remains mixed in the short and long-term, following which investors should take short and medium-term positions, while diversifying their portfolios along long-term trades to protect capital. This, you should do, by considering sectors with high upside potentials on the strength of earnings and policy influence.

Transactions in volume and value terms were mixed as investors traded 1.06bn shares worth N12.83bn, compared to the previous week’s 1.08bn units valued at N9.55bn. Volume was driven by trades in Financial Services, Consumer goods and ICT sectors, particularly Zenith Bank, Sterling Bank, Fidelity Bank, FBNH and Vitafoam.

Cutix and Okomu Oil were the best performing stocks for the week after gaining 23.56% and 20.73% respectively, and closing at N2.78 and N116.50 per share on full-year and half year earnings expectation. On the other hand, CWG and FTN Cocoa lost 26.14% and 15.38% respectively, at N1.13 and N0.33per share,on selloffs.

Market Outlook

We expect mixed performance on profit taking and portfolio readjustments on the recent rally, as all eyes are on economic data and Q2 corporate earnings, in the face of rising fixed income market yields. Also, any breakout at this point offers new entry opportunities for traders and investors to reposition in value and underpriced growth stocks, while companies with March year-end accounts release their audited full-year numbers to support recovery. This is based on the fact that the rise in fixed income yields may not be enough to scare all investors away from the equity market.

Again, the way to go is: Target dividend-paying stocks and fundamentally sound companies with growth prospects in 2021, looking the way of mispriced equities ahead of interim dividend announcement. This is especially given that despite the seeming improvements, fixed income yield continues to offer 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 July.


https://investdata.com.ng/portfolio-realignments-uptrend-may-persist-amid-economic-data-earnings-expectations/