₦airaland Forum

Sentiment Report for April 20, 2021

NSEASI buy 94% sell 6% volume index 0.99 MFI 32.02
Access buy � volume index 1.44 MFI 36.84
Afrprud buy � volume index 3.03 MFI 65.87
Aiico buy � MFI 53.16
Chams buy 0% volume index 0.70 MFI 28.58
Dangsugar buy 43% sell 57% MFI 72.57
Eti buy � volume index 2.61 MFI 26.52
Fbnh buy 50% sell 50% volume index 1.10 MFI 82.90
Fidelity buy � volume index 6.53 MFI 45.59
Ftn buy 0% volume index 4.12 MFI 43.62
GT buy 18% sell 82% volume index 0.71 MFI 65.46
Honyflour buy � volume index 5.10 MFI 73.58
Jagold buy 50% sell 50% MFI 37.26
Lvstk buy 57% sell 43% volume index 0.86 MFI 38.84
Mansard buy 67% sell 33% MFI 26.19
Mben buy 0% MFI 19.88
Oando buy 63% sell 37% MFI 48.23
Pz buy � volume index 3.94 MFI 86.00
Regalins buy � volume index 1.55 MFI 25.11
Royalex buy 0% volume index 1.45 MFI 82.99
Sovrenins buy � MFI 51.34
Sterling buy 0% volume index 0.78 MFI 41.63
Transcorp buy 50% sell 50% volume index 0.89 MFI 46.64
Uacp buy 0% volume index 0.73 MFI 23.19
Uacn buy 8% sell 92% volume index 3.21 MFI 71.69
Uba buy 50% sell 50% MFI 47.51
Ucap buy 0% MFI 48.00
Wapic buy 80% sell 20% volume index 1.36 MFI 24.61
Zenith buy 85% sell 15% volume index 1.18 MFI 55.51

Investdata Daily Sentiment Report

The youths in our society are creative and talented in various fields. Cooking is not an exception to such talents, this is why we have set up a Teen Can Cook Competition in Nigeria to encourage children to develop their cooking skills through the guidance of renowned chefs.
This involves intensive training and an interactive section amongst participants in the forthcoming cooking competition scheduled to hold in Nigeria in few months.

For details about the application form, contact us today;
Teens Can Cook Foundation
Phone:
+2348051113510, +2348139201829, +44 7780 518308, +447447785210
Address:
56, Salvation Bus stop, Opebi, Ikeja, Lagos.
Email: teensinternationalfoundation@gmail.com
Website: https://teensfoundation.business.site/

UBA Plc 20201Q1 Net Profit Up 26.75% On Interest Expense Cut, CEO Says Outlook Robust


United Bank for Africa Plc, on Monday, became the earliest filer among top banks to present their unaudited financials for the first quarter ended March 31, 2021, through the Nigerian Stock Exchange (NSE), highlights of which included the marginal drop in interest income, which was complemented by the 21.7% cut in interest expense. Others included the 13.52% increase in operating income and 47.81% reduction in an impairment charge for credit losses on loans from N2.265bn in the corresponding period of 2020, to N1.182bn; following which net profit for the period grew by N8.054bn or 26.75%.

Details of the result showed that Gross earnings stood at N155.446bn from N147.169bn, with interest income dropping marginally from N109.107bn in the first quarter of last year, to N108.59bn, boosted by the N53.987bn income from term lo0ans to corporate, which rose from N49.583bn;p and N9.505bn from overdrafts (corporates), compared to N8.821bn in the prior Q1. The numbers could have been rosier, but for the drop in income from investments securities (Treasury Bills) fell from N29.726bn in the corresponding period of 2020, to N18.979bn; the impact of which was reduced by the income from bonds which rose to N19.06bn from N10.978bn.

Interest expense dropped from N43.69bn to N34.209bn, the biggest of which was the reduction in expense incurred on deposits from banks, which fell from N26.633bn to N18.51bn; resulting in net interest income of N74.381bn, up from the previous N65.417bn.

Fee and commission income rose to N34.955bn from N28.237bn, boosted by the N12.483bn income from electronic banking, which increased from N8.301bn; while commissions on transactional services rose from N4.733bn to N5.535bn. Fee and commission expense from N9.535bn to N14.589bn, lion’s share of which was the N13.525bn incurred on electronic banking; resulting in net fee and commission income of N20.366bn, up from N18.702bn.

Net trading and foreign exchange income rose to N10.469bn from N9.145bn, of which fixed income securities trading income grew from N7.14bn to N9.341bn; while other operating income grew from N680m to N1.432bn, with N1.321bn being income on cash handling, which was more than double the previous N599m. Total non-interest income for the period stood at N32.2676bn, as against the previous N28.527bn.

Operating income therefore rose from N93.944bn to N106.648bn; while impairment charge was principally t6he N1.729bn allowance for credit loss, which reduced from N2.425bn; which was reduced by the N1.067bn recoveries on loans previously written-off as bad and doubtful, up from N637m. Net operating income after impairment loss on loans and receivables during the period stood at N104.62bn, as against N91.302bn in the preceding first quarter.

Employee benefit expenses for the period dropped slightly to N21.311bn from N21.979bn; depreciation and amortization rose marginally from N4.18bn to N4.848bn; and other operating expenses from N32.498bn to N38.295bn; resulting in total operating expenses of N64.454bn, up from N58.657bn.

Profit before tax for the period stood at N40.581bn from N32.726bn; while the taxation charge of N2.426bn, down from N2.625bn in the previous Q1, left a net profit of N38.155bn, as against N30.101bn in the comparable period of 2020. The net profit translated to Earnings Per Share ofr N1.04, an improvement from 83 kobo in 2020.

This, the bank said in a statement translated to an annualised 20.5% Return on Average Equity (RoAE), compared to 19.9% in the same period of 2020.

Total assets also rose by 2.5% to N7.892tr, compared to N7.697tr recorded at the end of the 2020 financial year, boosted as always by the N2.733tr customer loans and advances, which rose from N2.554tr; while total liabilities improved from N6.973tr to N7.129tr, with customer deposits accounting for N5.788tr, as against the N5.676tr reported at end of December 2020. Shareholders’ funds, therefore, rose to N762.4bn, up by 5.3% from N724.1 billion as of 2020 full-year.


Uzoka
The statement quoted Kennedy Uzoka, the Group Managing Director/Chief Executive, as expressing satisfaction with the performance, with bust capital and liquidity that have positioned it to support customers across diverse sectors and markets, guided by prudent risk management practices.

“This impressive 2021Q1 results reflect the capacity of our business to sustainably grow earnings even in a highly uncertain macroeconomic environment. We remain upbeat on the macroeconomic outlook of the countries in which we operate, especially as the COVID-19 vaccine distribution gains traction globally, whilst commodity prices and currencies continue to stabilise. Our robust capital and liquidity positions have positioned us to continue to support our customers across diverse sectors and markets, guided by prudent risk management practices,” he stressed.

Uzoka noted the bank’s effort at diligently executing its priorities for the year 2021, as it leverages people, process, and technology to deliver the best customer experience across all its channels and touchpoints, achieving industry leadership and dominance.

In his words, “the bank is making strong progress in Nigeria where our continuous market share and efficiency gains are translating into higher profits. We are committed to sustaining this strong start throughout the year, leveraging our customer-First (C-1st) philosophy and unparalleled execution to deliver even stronger returns to our esteemed shareholders in 2021 and beyond.”

Ugo Nwaghodoh, UBA’s Group Chief Finance Officer particularly expressed satisfaction with the “annualised return on average equity of 20.5% and return on average asset of 2.0%, (being indices that) buttress our commitment to delivering sustainable value to our stakeholders. We continued to deploy our balance sheet efficiency and digital-led cost optimisation initiatives to achieve desired outcomes.”

During the period also, he noted that “cost-to-income ratio improved by 200bps to 60.4% during the period, whilst cost of funds settled at 2.0%, a 130bps reduction from 3.3% in 2020Q1.”

Nwaghodoh expressed confidence that the bank will meet and surpass its target for the remaining three quarters of the year, adding that, “We are confident on the strong prospect for earnings growth, particularly as we are better positioned to consolidate recent market share gains in Nigeria and other geographies where we operate. This result is a strong start for the year, and we are optimistic about sustaining the exciting performance throughout the year and beyond.”

United Bank for Africa Plc is a leading Pan-African financial institution, offering banking services to more than twenty-one million customers, across its over 1,000 business offices and customer touch points, in 20 African countries.

With presence in the United States of America, the United Kingdom, and France, UBA is connecting people and businesses across Africa through retail; commercial and corporate banking; innovative cross-border payments and remittances; trade finance, and ancillary banking services, the statement added.

https://investdata.com.ng/uba-plc-20201q1-net-profit-up-26-75-on-interest-expense-cut/

Access Bank To Acquire 78.15% Atlas Mara Stake In BancABC Botswana 2021Q2


In line with its aggressive Pan-African expansion drive, Access Bank Plc has entered into definitive agreements to acquire a 78.15% stake in African Banking Corporation Botswana (BancABC Botswana), from ABC Holdings Limited, an arm of sub-Saharan African financial services group, Atlas Mara Limited, listed on the London Stock Exchange.

The transaction, according to a statement, is billed for completion in 2021Q2, subject to receipt of relevant approvals and fulfillment of various customary conditions precedent including certain regulatory requirements and consents from other relevant authorities and certain counterparties.


As part of the deal, Access Bank will acquire ABCH’s stake for cash consideration representing approximately 1.13 times book value, including a deferred portion payable 24 months after the closing of the transaction, subject to certain conditions.

The statement quoted Michael Wilkerson, Chairman of Atlas Mara, as saying the transaction “is consistent with the objectives articulated by the company as part of its previously-announced strategic review and overall debt restructuring.

“The pandemic-related economic slowdown in 2020 led to a broadening of the initially-announced strategic review and an acceleration of potential transaction discussions in-line with the Company’s objective of a comprehensive restructuring of the company’s and ABCH’s balance sheets,” he added.

Continuing, Wilkerson said the “transaction, like the previously announced transactions for Mozambique, Rwanda and Tanzania, is consistent with this strategy and will help realize value for the Group’s creditors and other stakeholders.

“BancABC Botswana has achieved a great deal since Atlas Mara’s initial investment in 2014, including in digital adoption and in growing a high-quality retail operation. Management have shown strong resilience and further innovation during the pandemic-related economic slowdown of 2020, and we thank the team for their hard work.”

“By combining with Access Bank’s infrastructure, including its digital offerings and its corporate and SME capabilities, the bank will be well-positioned to continue the positive trajectory and succeed in the macroeconomic recovery to come,” he stressed.

Sentiment Report for April 19,2021

NSEASI buy 94% sell 6% volume index 1.47 MFI 35.16
Access buy 0% volume index 1.12 MFI 45.17
Aiico buy 89% sell 11% volume index 0.89 MFI 55.53
Dangsugar buy 20% sell 80% MFI 70.72
Fbnh buy 50% sell 50% volume index 1.80 MFI 83.38
Fcmb buy � volume index 2.97 MFI 32.97
Fidelity buy 0% volume index 6.98 MFI 29.92
Ftn buy 0% volume index 1.40 MFI 56.04
GT buy � MFI 82.13
Honyflour buy � volume index 6.29 MFI 62.78
Jaiz buy � MFI 56.51
Jagold buy � volume index 1.97 MFI 36.26
Linkass buy � volume index 1.24 MFI 68.81
Lvstk buy � MFI 38.04
Mansard buy � MFI 25.63
Mben buy � MFI 18.76
Royalex buy � MFI 97.11
Transcorp buy � MFI 37.14
Uacp buy 0% MFI 31.68
Uacn buy 85% sell 15% volume index 2.81 MFI 67.78
Uba buy � volume index 1.06 MFI 48.98
Ucap buy 62% sell 38% volume index 0.86 MFI 51.61
Vitafoam buy � volume index 1.14 MFI 19.40
Wapco buy � volume index 1.14 MFI 34.45
Wapic buy � volume index 1.28 MFI 24.48
Zenith buy 75% sell 25% volume index 0.81 MFI 52.62

Investdata Daily Sentiment Report

Mindset Wisdom

"Attitude is a little thing that makes a big difference." 
- Winston Churchill

It's true. A small adjustment can make a world of difference.

Start by getting up and moving. Motion creates energy.

Positive energy creates action.

Take that action into the market and profit.

We've started a new week. Now's the time to change your attitude.

The Profit Point by OGTV as of 15th April, 2021

Hello Investors and Traders,

I just posted The Profit Point by OGTV as of 15th April 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=NlNd-_ZlQ-I

Ambrose Omordion

Mindset Wisdom

TAKE A MOMENT TO BREATHE
 
If you're not breathing, you're not focused. If you’re not focused, you can’t see the market. Opportunities slide by in an instant. Hazards reveal themselves only when it’s too late.

You need to breathe. Breathing exercises have proven to reduce stress and increase focus.

Sure, you’re already breathing if you read this. But when you trade, you need a breathing regimen. Through your nose, out your mouth counting to 10 or 100. Whatever it is, find a method and routine that works for you.

You’ll find balance, clarity, and focus when you trade. Your heart rate will come down and you’ll just feel better.

Try it. And enjoy your trading.

Questions and answers with Ambrose Omordion as at 17th April, 2021

Hello Investors and Traders,

I just posted Questions and Answers with Ambrose Omordion as of 17/04/2021.

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

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https://www.youtube.com/watch?v=oNJyqxt0tIk

Ambrose Omordion

Sentiment Report for Weekend April 16, 2021

NSEASI buy 80% sell 20% MFI 43.75
Access buy 14% sell 86% volume index 0.80 MFI 31.77
Afrprud buy 0% MFI 32.60
Aiico buy � MFI 72.04
Ardova buy � MFI 53.04
Cadbury buy � MFI 40.93
Cap buy 0% MFI 83.04
Caverton buy 0% MFI 46.40
Chams buy � volume index 3.54 MFI 60.11
Chiplc buy 0% MFI 67.97
Corner buy 0% volume index 1.77 MFI 52.46
Courtville buy � volume index 1.15 MFI 62.31
Custodian buy 0% MFI 70.41
Cutix buy 0% volume index 1.47 MFI 44.47
Dangcem buy � MFI 61.15
Dangsugar buy 89% sell 11% MFI 32.62
Eti buy 25% sell 75% MFI 26.93
Fbnh buy 87% sell 13% MFI 60.96
Fcmb buy 0% MFI 24.38
Fidelity buy 9% sell 91% volume index 2.64 MFI 40.97
Fidson buy 0% MFI 47.14
Glaxo buy 0% MFI 26.91
GT buy � volume index 0.70 MFI 46.88
Honyflour buy 67% sell 33% MFI 51.52
Jaiz buy 80% sell 20% MFI 44.41
Jagold buy 0% MFI 39.02
Jberger buy 0% MFI 36.79
Lasaco buy 0% MFI 78.43
Linkass buy 86% sell 14% volume index 0.89 MFI 75.23
Lvstk buy 72% sell 28% MFI 51.98
Mansard buy 60% sell 40% volume index 1.05 MFI 34.37
Maybaker buy 50% sell 50% volume index 1.01 MFI 71.18
Mben buy 0% volume index 1.26 MFI 60.14
Mtnn buy 77% sell 23% MFI 68.55
Nahco buy 74% sell 26% volume index 1.90 MFI 58.39
Neimeth buy 0% MFI 23.65
Nem buy 0% volume index 0.84 MFI 63.85
Oando buy 18% sell 82% MFI 48.72
Prestige buy 0% MFI 67.55
Pz buy 70% sell 30% volume index 1.39 MFI 49.25
Regalins buy 50% sell 50% volume index 0.94 MFI 55.69
Royalex buy � MFI 61.45
Sovrenins buy 0% MFI 71.32
Stanbic buy 83% sell 17% volume index 0.99 MFI 47.51
Sterling buy 0% MFI 40.61
Transcorp buy 71% sell 29% MFI 49.10
Uacp buy 64% sell 36% MFI 55.94
Uacn buy 82% sell 18% volume index 3.12 MFI 92.70
Uba buy 75% sell 25% MFI 29.01
Ucap buy 0% MFI 54.32
Unilever buy 61% sell 39% volume index 1.09 MFI 61.36
Veritas buy 0% MFI 68.98
Vitafoam buy � MFI 44.94
Wapco buy 10% sell 90% MFI 70.59
Wapic buy 40% sell 60% volume index 1.49 MFI 58.27
Wema buy 50% sell 50% MFI 4.58
Zenith buy 41% sell 59% MFI 53.57

Investdata Weekly Sentiment Report

Teens Can Cook Competition Nigeria is scheduled to hold in Lagos in the second quarter of the year 2021.

This promised to be an exciting and fascinating event tailored towards teenagers who are passionate about cooking.

Watch out for more details.

For inquiry and form registration, contact us;

Nigeria Contact Person: Muideen Odunayo Yunus
Phone: 08051113510
Address: 56, Salvation Bus stop, Opebi, Ikeja, Lagos.
Email: teensinternationalfoundation@gmail.com
Website: https://teensfoundation.business.site/

Who wins in the Bear or Bull market?

Whatever position a market is; either bull or bear market, the question is who really win under such market condition? what are the factors responsible and what do they really have in common?

Those who win in any market situation are people who apart from understanding the fundamentals of the market, know a natural law that governs life. So, they use these laws and get what they want in the market.

They plan and Strategize: everything in life is about planning. You cannot sit on the fence because it is also a plan. That is why it is either you plan to succeed or you plan to fail. So, if I may ask, do you have multiple plans for either a bear or bull market?

2.They value information: those that win in the stock market value every detail of information they come across. They go to any length to get it because they understand that
-information rule world.
-People perish for lack of knowledge
-the book of proverbs about wisdom let wisdom be your sister and make common sense your closest friend
-It is what we don’t know that affects us.
-With the right information, they can always keep winning in the market. This takes us to the next one.

They get support: people who win understand the rules of life that no man is an island on his own..., according to Aristotle “man is by nature a social animal” Society is something that precedes the individual. Anyone who either cannot lead the common life or is so self-sufficient... therefore does not partake of society, is either a beast or a God. Hence, they get support by joining different support groups that will always keep them updated about what is happening in the market.

As a result, it will be highly recommended that you plan and strategize; which cannot be done without getting the right information either from training, research, attending seminars, or subscribing into a group like the buying and selling signal subscription.

As a result, I will be releasing training very soon so that you can add it to your arsenals of wisdom. It is a suitable material whether you are just starting or you are already a pro

Watch out for these Training Videos in my subsequent post.

Dedicated to your Financial Freedom.
Ambrose Omordion

P. S. You cannot win a war alone but with many advisors, you shall succeed.

https://investdataltd..com/2021/04/who-wins-in-bear-or-bull-market.html

Mindset Wisdom

WAIT
 
Take the time you need, there is plenty of money to be made.

Are you sitting in a live market setting, looking for the right entry… and just not seeing it?

WAIT. Don’t settle. WAIT. Time and time again, we talk to traders that YOU JUST KNOW are thinking, "Boy I’ll never retire at this pace."

What comes next is as predictable as death, taxes, and your mother-in-law’s glare. Contracts go from one… to three… then five or more. Stops get pushed back. Losses pile up. More trades take place to cover those losses. And then it’s over. Good night Irene - the account has been cleared.

Just pace yourself. There’s plenty of money and plenty of trades to take. Stick to your risk/reward ratio. Hold to those stops. Take the losers with the winners and become consistent.

Build your empire with time and care!

Sentiment Report for April 12, 2021


NSEASI buy 0% MFI 47.58
Access buy 50% sell 50% volume index 1.90 MFI 63.87
Afrprud buy � volume index 0.88 MFI 76.39
Chams buy 0% volume index 9.87 MFI 19.87
Corner buy � volume index 2.83 MFI 32.74
Custodian buy 0% MFI 52.74
Eti buy 0% volume index 1.28 MFI 18.12
Fbnh buy � MFI 37.87
Fidelity buy 8% sell 92% volume index 4.05 MFI 63.75
GT buy � MFI 70.99
Honyflour buy 80% sell 20% volume index 2.32 MFI 41.88
Jaiz buy � MFI 68.23
Linkass buy 67% sell 33% volume index 1.70 MFI 74.75
Lvstk buy � volume index 1.35 MFI 43.57
Mansard buy 25% sell 75% MFI 54.62
Mben buy � volume index 1.36 MFI 29.40
Nahco buy 0% volume index 4.20 MFI 43.99
Oando buy 0% MFI 71.19
Regalins buy 50% sell 50% volume index 2.10 MFI 7.16
Royalex buy � MFI 92.97
Stanbic buy 0% volume index 1.04 MFI 79.87
Transcorp buy 33% sell 67% MFI 30.76
Uacn buy � volume index 0.73 MFI 49.69
Uba buy 0% MFI 38.02
Ucap buy 32% sell 68% MFI 71.02
Wapco buy � volume index 1.59 MFI 31.49
Wapic buy � volume index 1.16 MFI 46.78
Wema buy 0% MFI 40.51
Zenith buy 0% MFI 62.79


Investdata Daily Sentiment Report

Mixed Trend Ahead, But Pullbacks Offer Prospects For New Positioning

Market Update for the Week Ended April 9 and Outlook for April 12-16

Transactions on the Nigerian Stock Exchange last week were mixed and volatile, closing on another negative note despite recording a marginal uptrend for three straight sessions of high buying sentiments and low traded volume . This was is a signal that players are repositioning their portfolios in line with sector and company performances, guided by corporate earnings.

The seeming renewed buying interest in consumer goods, banking, energy and low priced stocks that helped the market to resist further decline as indicated by the candlestick formation at the end of the week trading as corporate actions continue to guide in and out movement of income investors.

The changing investment environment with fixed income rising yields and improved dividend yields in stock market due to pullbacks have left many investors confused as stock prices are yet respond to released numbers and dividend payouts. However, ability to anticipate the trend in bonds will help you better understand the stock market trend, as high interest rate favour other investment window while low rates and high inflation direct funds to equity market.

Investing and trading requires patience, discipline, and impartiality under the stress of uncertainty and risk. Unless you are indifferent, your brains just aren’t naturally wired that way. I get a lot of emails and phone calls daily asking if the markets are hitting their bottom and about to reverse, or if the fixed income market has hit its top with the rising yields.

Nonetheless, the early stage of recovery and current happenings in the environment offer big opportunities as some sectors and companies continue to benefit from the ongoing COVID-19 vaccination now driving global and domestic recovery. This is in turn supporting the uptrend in oil price, despite the ongoing oscillation.

Market players at this point must, therefore, target the right sectors and stocks for higher capital gains and yields to stay above inflation in the short-term, following which the equity market remains the best investment hedge, regardless of the rising yields in the fixed income market.

Movement Of NSEASI

The buying dominance during the four trading sessions of last week did not impact positively on the benchmark index with market breadth closing negative, despite recording three sessions of up market.

Trading for the week opened after the Easter holidays on the downside, losing 0.39% before rebounding by midweek with marginal gain of 0.02%, this trend was sustained on Thursday and Friday when the composite index inched 0.07% and 0.17% respectively a on strong buying sentiments among the medium cap and low priced equities. This brought the week’s total loss to 0.13%, a seeming recovery from previous week’s 0.76% decline.

Consequently, the key performance NSE All-Share index shed 50.35basis points during the week, from its opening level of 38,916.74bps, while gliding between an intra-week low of 38,596.16bps and high of 38,928.89bps, due to mixed sentiments and selloffs in high cap stocks. Also, market capitalization lost N26.33bn, closing at N20.34tr from the previous week’s N20.36tr.

As usual in the recent weeks, the kobo stocks dominated the advancers log as profit taking hit high cap equities, amid the markdown activities in Stanbic IBTC and FCMB. Also, trading and price patterns revealed the presence of selloffs and accumulation in some stocks in the midst of mixed sentiment.

The period’s negative breadth was due to decliners outnumbering advancers in the ratio of 40:17 on a buying sentiment and relatively weak momentum as Money Flow Index read 48.57bps, down from 52.89 points in the previous week. During the week also, Okomu Oil and Presco released their full-year earnings reports, with their directors recommending N7.00 and N2.00 dividends per share respectively. Also, ABC Transport and Studio Press presented their audited accounts for December 31, 2020, but were silent on corporation actions.

NSEASI WEEKLY CHART MOVEMENT

The NSE index action of bearish trend subsided, despite Tuesday’s dip, as the All-Share continued on a negative and even volatility note in the midst of changing price patterns and trading environment. Investors continued to accumulate positions in dividend paying and growth stocks ahead of the 2020Q1 earnings releases.

Also, we note that the index has broken down the 14-Day Moving Average which is above the 20, 50 and 200-DMA on a weekly chart, despite breaking down the 39,000bps-mark’s strong support level on a low traded volume and buying sentiments. This is likely to support the positive momentum witnessed as more players’ position for Q1 earnings, based on the corporate performances expected.

Nevertheless, we see the market maintaining this uptrend, especially as investors look to economic data and corporate earnings, just as the index trades above 38,000 basis points.

The strong support level to watch out for on the NSE is within the 38,642,12bps and 38,309.63bps, and a breakdown of these levels will attract new positioning by traders. This is happening at a time crude oil is trading above $60 per barrel at the international market, while the distribution of vaccines by the various state governments is ongoing.

However, we envisage a mixed outlook for the rest of Q2, while not ruling out profit booking, especially after the market recorded an uptrend last year.

Our expectation of a mixed outlook is hinged on such factors as the possible impact of corporate earnings, a mismatch of monetary and fiscal policies, implementation of the 2021 capital budget, as well as implications of oil prices oscillating around $60 and $70 per barrel on the nation’s revenue. We note too that impact of the Money Flow Index and MACD are bearish on a weekly chart.

BearishSectoral Indices

The sectorial performance indexes were down, except for the NSE Consumer Goods that closed 1.12% higher, while NSE Banking led the decliners after losing 2.25%, followed by Industrial Goods, Insurance and Energy that closed 1.49%, 0.66% and 0.31% lower.

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

The recent market pullbacks call for portfolio adjustments and realignments, as unaudited and audited numbers from some companies and sectors will expectedly come mixed, given the negative impact of the COVID-19 pandemic and the arson that followed the #EndSARS protests on full-year results, as revealed by the macroeconomic indices.

Activity in volume and value terms were down by 38.83% and 53.74% respectively, as players traded 887.04m shares worth N9.19bn, compared to the previous week’s 1.45bn shares valued at N19.04bn. Volume was driven by trades in FinancialServices, Conglomerate and Oil/Gas sectors, particularly Zenith Bank, Access Bank, Guaranty Trust Bank and Transcorp.

Japaul Gold and Consolidated Hallmark Insurance were the best performing stocks for the week, gaining 40% and 12.50% respectively, and closing at N0.63 and N0.36 each on market forces and earnings expectations, while Guinness Nigeria and Sterling Bank lost 17.27% and 15.68% respectively, at N29.74and N1.56 per share on profit taking.

Market Outlook

We expect the mixed trend to continue as more corporate earnings hit the market in the face of rising fixed income market and stock market dividend yields. Also, the pullbacks offer bargain hunters and income investors another opportunity to reposition in value and underpriced growth stocks, while more companies release their full-year numbers to support recovery. This is based on the fact that the rising 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. This is especially given the rising oil prices that have so far supported the economy and equity market, despite the seeming improvement in the fixed income yield which had remained at negative real rate of return due to the subsisting high inflation.

However, the strong and faster recovery may continue, depending on market forces, going forward, as propelled by expected Q1 earnings reports, until the next MPC meeting in May.

Also, the current undervalued state of the market offers investors opportunities to position for the short, medium and long-term, which is why investors should target fundamentally sound, and dividend-paying stocks for possible capital appreciation in the new year.


https://mail.google.com/mail/u/0/

The Profit Point by OGTV as at 8th April, 2021

Hello Investors and Traders,

I just posted The Profit Point by OGTV as of 8th April 2021.

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Ambrose Omordion

Teens can cook foundation is a platform for teenagers talents discovery and training.

Our maiden program, TEENS CAN COOK will be an avenue for teens to display their hidden skills in cooking despite the fact that the generation of today are only versed in technology but we believe we must catch them young to meet up with the skill to be a good home maker and also choose a career part in future through their talent and skills, as saying charity begins at home.

The top five selected participants will be rewarded with the following prices.

√ Grand prize: Trip to the United Kingdom
√ Second Place: Brand new laptop
√ Third Place: Cooking Utensils
√ Fourth & Fifth Place: Teens Can Cook Cookery Book when it is published.
√ Other participants: Various gifts (no one goes home empty-handed
√ All participants will be issued a certificate of participation for 1-5th place.

For inquiry and form registration.

Contact us today;

Teen Can Cook Foundation
Phone: +2348051113510, +2348139201829, +44 7780 518308
Address: 56, Salvation Bus stop, Opebi, Ikeja, Lagos.
Email: teensinternationalfoundation@gmail.com
Website: https://teensfoundation.business.site/

About us:

Teen Can Cook Foundation Nigeria is an ambition of our company to give back to our society's youths. By creating a platform where teenagers who are passionate and talented in cooking are encouraged to apply to our foundation to be trained and certified through the guidance of renowned chefs both in Nigeria and in the united kingdom.

We want to build a nation of young chefs as an entrepreneur equipped with the right tools to excel in the hospitality industry in any country in the world.


Contact us today;

Teen Can Cook Foundation
Phone: +2348051113510, +2348139201829, +44 7780 518308
Address: 56, Salvation Bus stop, Opebi, Ikeja, Lagos.
Email: teensinternationalfoundation@gmail.com
Website: https://teensfoundation.business.site/

Reminder! Reminder!! Reminder!!!

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Questions and Answers with Ambrose Omordion

Will hold Saturday 10/04/2021. Time: 12:00noon

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Ambrose Omordion

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Questions and Answers with Ambrose Omordion

Will hold Saturday 10/04/2021. Time: 12:00noon

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Meeting ID: 881 2170 5928
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Ambrose Omordion

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Hello Investors and Traders,

Questions and Answers with Ambrose Omordion

Will hold Saturday 10/04/2021. Time: 12:00noon

*IT IS FREE*

Join Zoom Meeting
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Or

Meeting ID: 881 2170 5928
Passcode: 213713

Ambrose Omordion

Reminder! Reminder!! Reminder!!!

Hello Investors and Traders,

Questions and Answers with Ambrose Omordion

Will hold Saturday 10/04/2021. Time: 12:00noon

*IT IS FREE*

Join Zoom Meeting
https://us02web.zoom.us/j/88121705928?pwd=LzFmaXFITGVGZys2OTFPQ2hnY0t2QT09

Or

Meeting ID: 881 2170 5928
Passcode: 213713

Ambrose Omordion

Sentiment Report for April 8, 2021

NSEASI buy 91% sell 9% MFI 63.41
Access buy 50% sell 50% volume index 0.71 MFI 61.64
Aiico buy 75% sell 25% MFI 69.50
Chams buy 0% volume index 0.93 MFI 51.37
Chiplc buy � volume index 0.80 MFI 49.20
Fbnh buy � volume index volume 1.07 MFI 37.37
Fidelity buy 0% volume index 1.02 MFI 53.77
GT buy 80% sell 20% MFI 72.72
Honyflour buy 0% volume index 1.04 MFI 41.07
Jaiz buy � MFI 61.48
Jagold buy � volume index 1.17 MFI 66.60
Linkass buy 38% sell 67% volume index 1.38 MFI 91.37
Lvstk buy 50% sell 50% MFI 54.04
Mansard buy 0% MFI 61.30
Mben buy 67% sell 33% MFI 36.35
Oando buy � volume index 1.11 MFI 79.15
Regalins buy � volume index 0.75 MFI 30.58
Transcorp buy � MFI 32.91
Uacn buy � MFI 50.46
Uba buy � MFI 34.94
Ubn buy 0% MFI 50.40
Ucap buy 0% MFI 71.09
Wapic buy 0% volume index 1.03 MFI 51.48
Wema buy 50% sell 50% MFI 41.12
Zenith buy 86% sell 14% MFI 60.31

Investdata Daily Sentiment Report

Sentiment Report for April 7, 2021

NSEASI buy 94% sell 6% volume index 0.95 MFI 63.91
Access buy 0% volume index 3.17 MFI 52.77
Afrprud buy � volume index 1.15 MFI 57.10
Chiplc buy � volume index 1.19 MFI 43.38
Courtville buy � volume index 3.62 MFI 77.12
Cutix buy 0% volume index 1.42 MFI 77.25
Fbnh buy 50% sell 50% MFI 39.08
Fcmb buy � volume index 3.20 MFI 25.01
Fidelity buy 31% sell 69% volume index 3.16 MFI 56.38
GT buy 0% volume index 0.90 MFI 70.37
Honyflour buy 0% volume index 1.13 MFI 45.22
Jaiz buy � volume index 3.47 MFI 67.02
Jagold buy � volume index 3.07 MFI 59.05
Linkass buy � volume index 2.58 MFI 98.76
Lvstk buy 0% volume index 1.56 MFI 54.82
Mansard buy 0% MFI 50.02
Mben buy 43% sell 57% volume index 3.31 MFI 29.63
Mtnn buy � volume index 1.23 MFI 93.81
Prestige buy 0% volume index 1.73 MFI 53.99
Royalex buy � volume index 1.69 MFI 95.62
Sovrenins buy 0% volume index 0.73 MFI 37.09
Sterling buy 0% volume index 2.38 MFI 61.34
Transcorp buy 50% sell 50% volume index 1.73 MFI 29.02
Uacp buy 0% MFI 62.17
Uacn buy 25% sell 75% volume index 2.96 MFI 51.22
Uba buy 50% sell 50% volume index 0.70 MFI 26.21
Ubn buy 0% MFI 50.00
Ucap buy � MFI 69.57
Vitafoam buy 80% sell 20% volume index 1.24 MFI 87.05
Wapco buy 0% volume index 1.42 MFI 42.34
Wapic buy 0% volume index 1.18 MFI 50.97
Wema buy 0% MFI 41.72
Zenith buy 28% sell 72% volume index 1.69 MFI 55.95

Investdata Daily Sentiment Report

Moneyline with Nancy Present- Nigeria's Economy in the first quarter of 2021

Hello Investors and Traders,

I just posted Moneyline with Nancy Nigeria's Economy in the first quarter of 2021

Share with me what you think about the Video and don't forget to click on subscribe button so that you can be among the first to get the latest update.


https://www.youtube.com/watch?v=t0amVi3TlFs

Ambrose Omordion

WORDS TO TRADE BY

"Perseverance is not a long race; it is many short races one after the other."

- Walter Elliot

One trade at a time.
Location first.
Entry second.
Planned targets.
Unmovable stops.

They become little steps on your journey to trading immortality.
You'll soon become your own expert in the sector of your choice.
Have fun and enjoy the ride!

Expect Mixed Trend, Ahead Of Q1 Earnings Inflow, Rising Dividend Yields, Rebalancing


Market Update for April 6

Profit taking and selling pressure on the Nigerian Stock Exchange continued Tuesday after the Easter holidays and in the midst of 2020 full-year earnings reporting season and dividend news, among others. It is also ahead of Q1 earnings season and corporate action dates of many companies.

Investdata believes that this is the best month and quarter to buy stocks, based on the 20-years market data of the NSE.

Already, and in preparation to usher in the Q1 earnings reporting season, many companies have notified the exchange and investors of their board meetings and closed periods when their directors would approve their accounts. Similarly, companies with March year-end accounts are expected to release their unaudited last quarter reports this month, in addition to expected economic data like the Consumer Price Index also know as inflation rate for March, as well as the Q1 GDP numbers for 2021 from the National Bureau of Statistics; and Purchasing Managers’ Index (PMI) by the Central Bank of Nigeria, which would together reveal the state of the economy and provide direction as to where it is headed.

The NSE’s composite All-Share index, on Tuesday, witnessed another bearish outing on a low traded volume and negative breadth, resulting in the fourth consecutive session of bear transition, as another correction and pullbacks resurfaced after the short-lived rebound. Notice that investors have continued to reshuffle and realign their portfolios with eyes on yield movement in fixed income market and dividend yields with the market is likely to do well in this quarter and year, given the discovery of the vaccine for the COVID-19 pandemic, a situation expected to drive global and local economic recovery in the midst of oscillating oil price depending on countries and states policy direction.

Even then, the prevailing stagflation caused by soaring food prices in the Nigerian economy is likely to threaten investment returns in financial markets as planting season, this is made worse by the hike in pump price of premium motor spirit or petrol, as well as the spate of insecurity across the country. All of these continue to drive inflation rate northward and the equity market remains the only hedge, looking at the prevailing dividend yield and possibility of a 10% daily price movement as cushion.

That notwithstanding however, investors should target fundamentally sound stocks with positive technicals, which is why we urge caution around the market place, by allowing investment objectives, as well as entry and exit strategies to guide them, so as to avoid being trapped in any trade.

Meanwhile, Tuesday’s trading opened on the downside and oscillated in the mid-morning to late afternoon on buying interests in low priced equities and selloffs in blue chip stocks that pushed the benchmark index to an intraday low of 38,766.61 basis points from its highs of 38,916.74bps, before closing below it opening point.

Index and Market Caps

At the close of the trading session, the NSEASI shed 150.13bps, closing at 38,766.61bps after opening at 38,916.74bps, representing a 0.39% drop. Similarly, market capitalization fell by N78.53bn, closing at N20.28tr, from previous day’s N20.36tr, which also represented 0.39% value loss.

Attention: If you have not signed up for Investdata buy and sell signal setup, don’t delay. We have just reduced to 8 STOCKS TO WATCH THAT ARE BUILDING NEW BULLISH BASE in our watchlist. These stocks are with double potentials to rally considering their current and oscillating mood of the market value.

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Tuesday’s downtrend resulted from selloffs in building material makers- BUA Cement, and Lafarge Africa; financial powerhouses- Guaranty Trust Bank, Zenith Bank, UBA; as well as Guinness, and UACN; among others. This impacted negatively on Year-To-Date loss, pushing it to 3.73%, just as market capitalization loss stood at N765.52bn, or 3.64% below its opening value for the year.

Bearish Sector Indices

The performance indexes across the sectors were red, led by the NSE Banking which lost 1.67%, followed by Insurance, Industrial goods, consumer goods and energy with 0.53%, 0.52%, 0.39% and 0.11% lower.

Market breadth turned negative from the previous session, as decliners outnumbered advancers in the ratio of 21:14; just as activity in volume and value were mixed after investors traded 224.59m shares worth N2.14bn.

Eterna and Linkage Assurance were the best performing stocks of the session, after gaining 9.91% and 9.72%, while closing at N5.99 and N0.79 per share respectively on market forces and bonus reward. On the flip side, MRS Oil and Alex lost 9.92% and 9.88% respectively, closing at N10.90 and N7.30 per share, on selloffs

Market Outlook

We expect the mixed trend to continue as Q1 corporate earnings start to hit the market in the face of rising dividend yields and portfolio repositioning ahead of economic data this month. Also, the pullbacks offer bargain hunters and income investors another opportunity to reposition in high dividend yields and undervalued stocks, while more companies release their full-year and quarterly numbers to support recovery. This is based on the fact that the rising 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. This is especially given the rising oil prices that have so far supported the economy and equity market, despite the seeming improvement in the fixed income yield which had remained at negative real rate of return due to the subsisting high inflation.

However, the strong and faster recovery may continue, depending on market forces, going forward, as propelled by 2020 full numbers and expected 2021 Q1 earnings reports, until the next MPC meeting in May.

The NSE’s index action and indicators are heading in the same direction on a low traded volume and positive buying sentiments in the midst of rising yield in bond and TB.

Also, the current undervalued state of the market offers investors opportunities to position for the short, medium and long-term, which is why investors should target fundamentally sound, and dividend-paying stocks for possible capital appreciation in the new year.

Meanwhile, the home study packs on 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/expect-mixed-trend-ahead-of-q1-earnings-inflow-rising-dividend-yields-rebalancing/

Sentiment Report for April 6, 2021

NSEASI buy 14% sell 86% MFI 66.27
Access buy 0% volume index 2.39 MFI 69.77
Aiico buy 0% MFI 69.03
Bua buy � volume index 2.69 MFI 23.68
Dangsugar buy 12% sell 88% MFI 10.25
Eterna buy � volume index 5.25 MFI 56.59
Fbnh buy 50% sell 50% volume index 0.79 MFI 54.83
Fcmb buy 71% sell 29% volume index 1.06 MFI 33.74
Fidelity buy 82% sell 18% volume index 2.47 MFI 77.95
Fmn buy 0% volume index 1.26 MFI 91.26
Ftn buy 0% MFI 65.32
GT buy 75% sell 25% MFI 72.76
Honyflour buy � MFI 51.28
Jaiz buy 0% volume index 1.03 MFI 50.96
Jagold buy � MFI 35.11
Mansard buy 0% MFI 52.77
Mben buy 0% volume index 0.72 MFI 42.94
Regalins buy � volume index 1.74 MFI 37.10
Sterling buy 0% volume index 1.08 MFI 75.08
Transcorp buy � MFI 32.20
Uacn buy 39% sell 61% volume index 8.62 MFI 58.04
Uba buy 0% volume index 0.74 MFI 30.65
Wapic buy 0% volume index 1.33 MFI 60.37
Zenith buy 25% sell 75% MFI 64.21

Investdata Daily Sentiment Report

2021Q1: NGSE Sheds 3.04%, Offers Short-term Prospects In Sound, Dividend Stocks


Market Roundup for Q1 2021

The first quarter of2021 ended on a mixed and highly volatile note to start the year on the Nigerian Stock Exchange, coming after the market witnessed a bull-run in 2020 as a result of strong positive sentiments and price appreciation of high cap stocks that supported the rally. This was propelled by low yield in the fixed income space which pushed funds to equities in search of higher return and was extended to the first month of 2021, maintaining a three-year change pattern in January. Trading in January closed positive, thereby changing what had come to be known as the January effects when the NSE composite index closes negative.

As such, in January 2021, the index recorded a robust 5.3% gain, which was, however, reversed in February on-sell pressure, amidst profit taking and price corrections that were triggered by rising yield in Treasury bills and bond market instruments. As a result, the benchmark index lost 5.6%, wiping out the gains recorded in January, thereby ushering in the first correction after the 2020 rally.

The 2020 full-year corporate earnings reporting season that comes with strong momentum and mixed sentiments helped to reduce sell pressure with dividend news and payouts, with the numbers released so far showing the resilience of corporate Nigeria. This is noteworthy, given the effects of the COVID=19 pandemic on the economy which led to the nation’s second recession in less than five years, despite which listed companies posted positive numbers, notwithstanding the mixed, flat, or even marginal decline in their numbers.

The profit-taking and rising yields in the fixed income market coincided to pulldown the NSE’s All-Share index and trigger sectoral rotation, thereby creating buy opportunities for discerning investors and technically inclined traders. The market resisted a break down of the 38,300 basis-point strong support in March when the index lost 1.9%.

The downtrend occurred on the back of pullbacks and flat volume when compared to transactions recorded in the last quarter of 2020, amid the influx of numbers to the market with mixed numbers and dividend news that translated to better yields.

During the period also, there were announcements of breakthroughs in the Coronavirus vaccines, a situation expected to drive oil prices at the international market, propelling global and domestic economic recovery. The expected Q1 numbers will give further insights, being a leading index or parameter that tells what is happening in the economy and where it is headed.

In the midst of this also was the news of an outbreak of deadlier variants of the COVID-19 pandemic in its second wave; made worse by the rising insecurity across the country with kidnappings across the country and mass abduction, especially of school children becoming a daily occurrence. Add this to the incidences of policy mismatch between the fiscal and monetary authorities, then you have a very unfriendly situation that threatens recovery in an economy that is exiting recession, at 0.11% growth, compared to Q3’s 3.62% contraction.

The seeming economic recovery and the rise of crude oil above the nation’s $45 budget benchmark are positive signs for the equity market, going forward, despite the ongoing portfolio realignments, due to improving yields in Treasury Bills and Bonds. With the expected Q1 earnings reports and rising inflation in the new quarter, reversal is underway to halt the two selling sentiments as dividend yields of blue-chip and growth stocks become better and more attractive.

The key performance index closed activities for the quarter on a negative note, dipping on the last trading day of the quarter, suggesting a trend continuation with the market yet to respond to the mixed numbers and corporate actions so far released, due to liquidity.

As noted earlier, the audited scorecards of various listed companies released so far have given insights into what we should expect from different sectors and individual stocks. The possibility of prices reversing is high, amidst portfolio reshuffling on the strength of the 2020 full-year numbers and expected Q1 earnings reports in April.

In the 62 trading sessions of the quarter, the NSE All-Share index recorded losses in 34, and was upin 28, resulting in a cumulative 3.04% loss, which happened, owing to price corrections, despite the recovery move on strong fundamentals, and high dividend yields that attracted more inflows to the market. This was also due to impressive corporate earnings and payouts, regardless of the economic recession in 2020.

Specifically, during the first quarter of 2021, the NSEASI lost a total of 1,225.59 basis points, closing at 39.045.13bps, compared to the 40,270.72bps at which it opened, after touching a low of 38,309.62bps and 42,472.56bps highs. There was a high buying pressure, followed by selloffs and mixed sentiment within the period, which impacted negatively on the index and stock prices, pushing them down to break down various support levels and psychological lines.

Market capitalization, during the period, fell by N628bn, closing at N20.43tr, from N21.06tr, representing a 3.04% value loss also. The quarter’s total ‘sell’ volume was 71%, leaving the ‘buy’ position at 29%, halting the previous three-quarters of bull transition, while the volume index for the period was 0.01.

Transaction volume for the period was flat at29.46bn shares, the same as was recorded in the preceding quarter, just as market breadth for the period was marginally negative with decliners outnumbering advancers in the ratio of 60:52. It therefore short-lived the preceding three-quarters of the upmarket as liquidity flowed out of equity assets due to factors mentioned above, a situation that may reverse in Q2 as the earnings season extends to April in expectation of 2021 Q1 numbers.

Mixed Sectorial Performance

Performance indexes across the sectors and market were mixed, as NSEOil/Gas, NSE Insurance, NSE Growth index, and NSE Main Board closed the quarter17.54%,7.94%, 3.82%, and 0.89% higher respectively. As shown by the chart below, the NSE Industrial Goods, Premium, Banking, Consumer Goods, NSE 30, NSE 50, and Pension indexes depressed the market the most during the quarter, worse than the general market. The NSE Industrial goods and Premium index lost a total of 7.52% and 6.58% respectively, driven by profit-taking and selloffs in highly capitalized stocks.

Others are represented in the chart below, revealing investors’ mixed sentiment and indecision among traders, as the market’s Price-To-Earnings Ratio closed below 15x.


Source: NSE Investdata Research
Best And Worst Performing Stocks For Q1

The best-performing stocks for the quarter under review were predominantly low and medium caps across the Oil/Gas, Services, consumer goods, and insurance sectors, led by Lasaco Assurance, which gained 268.57% as a result of its share reconstruction. It was followed by Champion Breweries’161.65%; and the 75.51% notch by Morison Industry. Guinness Nigeriaclimbed66.37% up, on market forces and seeming improvement in its earnings ahead of Q3 numbers; just as Mutual Benefits Assurance chalked62%; among others.

Technical View

The NSE’s index action for the month and quarter were bearish, halting the V-shape recovery trend, as the index pulled back to break down some strong support levels of 42.000, 41,000, and 40,000 marks in the midst of audited financial reports season. At the same time, it is trading above its 50-Day Moving Average on the monthly and quarterly chart, despite the mixed sentiments and high traded volume.

The trading patterns and momentum going forward is likely to change, as investors react to the audited full-year numbers, portfolio rebalancing, and repositioning, with dividend news and recovery oil prices.

Market technicals for the quarter were mixed, a situation expected to change in the new month and quarter, that is the buying month and quarter as revealed by an analysis of two-decades-old data by invest data Research. This is the situation, especially now that the trading environment is changing toward sector rotation to pinpoint hot stocks in different sectors with high upside potential and positive price actions supported by strong consumption to drive explosive sales in 2021.

Market Outlook

The mixed trend is expected to continue in the new month and quarter, even as the market outlook remains mixed and dicey due to rising inflation, mismatch in policies, and mixed sentiments, even as yields in the fixed income market keep looking up. We see the anticipated economic data and Q1 numbers in the new month strengthening recovery, despite the rising inflation, insecurity, and the second wave of coronavirus. However, the wave will further boost Nigeria’s healthcare sector, due to the commitments of the government and CBN to enhance public health.

Investors should at this point avoid greed and instead ensure that their decisions are guided by predetermined investment goals and exit strategies, even as the healthy inflow of funds into the equity assets due to the prevailing increase in negative real returns in money and bond market due to high inflation rate. This is likely to continue, with government planning to raise fuel price above N200 per literary moment from now, given that the high cost of energy and pump price of fuel have been the major drivers of high production cost and living, coupled with rising insecurity in the nation today. The MPC meeting for March has doused fear of funds leaving the market in the interim, as the CBN wants cheap funds to flow into the market to support the economic recovery, as the high cost of borrowing may also threaten the government's ability to finance its deficit budget for 2021, as well as capacity to create jobs as the unemployment rate in Nigerian hit its highest in history.

Again, the current breakdown of support levels offers traders opportunities to position for the short-term, while investors should target fundamentally sound, and dividend-paying stocks for possible dividend income and capital growth now that many companies had made available their corporate actions to the market.

We appreciate all that made the maiden InvestdataMaster Class Workshop a success over the weekend, and we desire that participants would smile to their banks by flying with the 14 Hot Stocks To Buy In Q2.

Meanwhile, the home study packs on 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.

Ambrose Omordion

CRO|Investdata Consulting Ltd
info@investdataonline.com
info@investdata.com.ng
ambrose.o@investdataonline.com
ambroseconsultants@yahoo.com
Tel: 08028164085, 08032055467
https://investdata.com.ng/2021q1-ngse-sheds-3-04-offers-short-term-prospects-in-sound-dividend-stocks/

Sentiment Report for the weekend April 1, 2021

NSEASI buy 7% sell 93% MFI 52.53
Abc buy � MFI 47.24
Access buy 20% sell 80% MFI 52.89
Afrprud buy 0% MFI 33.05
Aiico buy 78% sell 12% MFI 22.13
Cadbury buy � MFI 47.79
Cap buy � volume index 0.96 MFI 83.17
Caverton buy 0% volume index 1.04 MFI 44.44
Chams buy 0% volume index 0.85 MFI 66.52
Chiplc buy � MFI 69.06
Corner buy � MFI 60.50
Courtville buy 33% sell 67% volume index 5.66 MFI 64.18
Custodian buy � MFI 67.41
Cutix buy � volume index 0.80 MFI 48.06
Dangcem buy 0% MFI 28.78
Dangsugar buy � MFI 35.72
Eti buy 0% MFI 32.54
Fbnh buy 40% sell 60% MFI 63.92
Fcmb buy 18% sell 82% MFI 27.34
Fidelity buy � MFI 51.42
Fmn buy � MFI 64.54
Ftn buy 0% MFI 5.57
Glaxo buy 0% MFI 36.55
GT buy 5% sell 95% volume index 2.15 MFI 47.40
Honyflour buy 50% sell 50% MFI 57.96
Jaiz buy 40% sell 60% MFI 53.07
Jagold buy 86% sell 14% MFI 43.32
Jberger buy 73% sell 27% volume index 4.35 MFI 38.28
Lasaco buy 0% MFI 78.24
Learn buy � MFI 53.38
Linkass buy � MFI 71.06
Lvstk buy 70% sell 30% MFI 54.26
Mansard buy � MFI 39.11
Maybaker buy � volume index 0.74 MFI 70.41
Mben buy 75% sell 25% MFI 69.90
Mtnn buy 0% MFI 75.31
Nahco buy 89% sell 11% MFI 58.72
Nem buy 15% sell 85% MFI 76.04
Npf buy � MFI 78.34
Oando buy 59% sell 41% MFI 68.24
Okomu buy � volume index 3.87 MFI 54.42
Presco buy � MFI 44.33
Red buy � MFI 46.40
Regalins buy 0% MFI 66.18
Royalex buy � MFI 58.96
Sovrenins buy � volume index 1.08 MFI 73.82
Stanbic buy 0% volume index 0.76 MFI 50.18
Sterling buy � MFI 52.10
Transcorp buy � MFI 52.13
Uacp buy � MFI 55.56
Uacn buy � volume index 2.82 MFI 88.99
Uba buy 63% sell 37% MFI 40.73
Ubn buy 0% volume index 4.91 MFI 40.02
Ucap buy 70% sell 30% MFI 57.08
Unilever buy 76% sell 24% volume index 1.56 MFI 62.39
Unity buy 0% MFI 98.29
Upl buy 0% MFI 10.89
Veritas buy 0% MFI 70.35
Wapco buy 12% sell 88% MFI 71.54
Wapic buy 44% sell 56% volume index 1.04 MFI 66.46
Wema buy 14% sell 86% volume index 3.45 MFI 5.28
Zenith buy 15% sell 85% MFI 59.29

Investdata Weekly Sentiment Report

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 a new bullish base


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

Kindly click on the below link now to login with your username and password

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

However, if you have not joined the buying and selling signal membership, kindly indicate your interest so that one of our team members will call you immediately on how to get started immediately

To Your Success
Investdata Consulting.

P.S. You need to act fast. You know time wait for no one