₦airaland Forum

yok:
NIGERIA STOCK MARKET GENERAL COMMENT /MSCI POSITION - FOR 28 DECEMBER 2018

MSCI Nigeria is still saying, why change a good team!!!. No movement in the portfolio yet after the last one of 18 December 2018.

28 December 2018 was a fairly panicky day in the market. All share index back to the old trading range area with 30,542.86 acting as support. I expect the trading range to still hold for the last trading day of the year.[/b]Price action for the daily and weekly charts are as shown below.
[b]
For Monday 31 December 2018, expected High is 31,529.44 low at 30787.95

Wishing everybody, happy New Year in advance and a prosperous 2019.


From next year, I will start talking about companies that are likely to be takeover/merger candidates. They are many companies that will fall in this category and will be a worthwhile research. Especially when they are trading at a very low point that our maximum loss is within 15% to 20% range. For this I will be posting more in our twitter handle.


Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan).
N:B


1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero, unless the fund is exiting from the particular Country involved. This is an equity fund investing in the Nigeria market. The date displayed may not be the actual date of purchase/sale of equity (this is legal and allowable under the regulations guiding funds operations in general).

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI Nigeria for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified. Get us at twitter https://twitter.com/AnalysisTarget

fxuser:
umm nothing stops d ordinary shareholder from leaving this bus

fxuser:
umm nothing stops d ordinary shareholder from leaving this bus

fxuser:
http://www.nse.com.ng/Financial_NewsDocs/24660_FORTE_OIL_PLC._CORPORATE_ACTIONS_DECEMBER_2018.pdf

fxuser:
http://www.nse.com.ng/Financial_NewsDocs/24660_FORTE_OIL_PLC._CORPORATE_ACTIONS_DECEMBER_2018.pdf

gbengus50:
Happy sunday all, well if can you can get Zenith at N18-N20, its not a bad price.Dividend yield would be 15-20% unless you are looking at capital appreciation of over 50%.

OnePunchMan:
Cost = 28.32
Tax = 0.86
Total = 29.18 = 10,359
Shipping = 13,320

Total = 23,679

Contact in profile to proceed..

OnePunchMan:
third link is out of stock and minimum order is 25usd... kindly review them.

OnePunchMan:
You are responsible for providing your own links. Drop your eBay links when you have them.

maishai:
https://www.amazon.com/Industry-Business-0100-8999-Financial-Consulting/dp/1592748066/ref=sr_1_5?ie=UTF8&qid=1545210785&sr=8-5&keywords=industry+financial+ratio

https://www.amazon.com/Hippocrates-LifeForce-Brian-Clement/dp/1570672490/ref=pd_rhf_dp_s_cp_0_2?_encoding=UTF8&pd_rd_i=1570672490&pd_rd_r=19fb4345-c66d-49f8-b14d-fa075c2c9a81&pd_rd_w=NWFxK&pd_rd_wg=CjqPz&psc=1&refRID=C1904K9JJMEC5P550NJ2

https://www.amazon.com/Almanac-Business-Industrial-Financial-Ratios/dp/0808018981/ref=sr_1_7?ie=UTF8&qid=1545210785&sr=8-7&keywords=industry+financial+ratio


Price to bring to lagos....Brother these are books, go for the lowest prices, I dont care how old and swigly the books looks I am after the info

tritritri:
If this rumor is true...my sympathy to whoever is involve. It a pity that many people here bought into diemondbnk even after the said rumor.
if u were involve in skyebank and then diemond again my condolence to you. go and berg ur villiage people.
Pls let take advice on this forum serious.

DeRuggedProf:
If na Access acquire ANY BANK (LOL... ) the conversion ratio go get 'raised to power' ..
1 unit of Access for like 3^10 units of DATBANK....
Access no dey give joy. Ask Intercontinental questions and you will know Wigwe does not smile during deals.

wanaj0:
I love what the SA investors did with Dangote Flour

Not sure of the SA investors in Champion Breweries. I thought Heineken (majority owners of NBL) are the majority shareholder in Champion Breweries.

currentprice:
I knew dis gona happen to Fo price based on their latest Q result, the result look different from what they use to release before now. If they can build on Q3 by YE we might see Fo price fly higher. I missed the stock with 4.50 my target entry price at the released of the result. thought the bear will assist to to lower the price by 4.5 or more for good buy but mkt think otherwise

DeRuggedProf:
Is WAPCO share price protesting against the planned rights issue?
Abeg, do what the shareholders are not ready to do.
May our paths cross below the great blue sea...

talktokenny:
please answer my question

talktokenny:
Are you an educated person ?If yes ....did you believe the rumor is true ?

dipoolowoo:
Access Bank May Reduce Dividend Payment to Stay Afloat
https://businesspost.ng/2018/11/29/access-bank-may-reduce-dividend-payment-to-stay-afloat/

Zenith Bank Directors Panic Over Possible Loss of $100m
**As Debtor Files for Bankruptcy
https://businesspost.ng/2018/11/29/zenith-bank-directors-panic-over-possible-loss-of-100m/

Stock Market Analysis: Is 'Santa Claus' Rally Imminent?
https://businesspost.ng/2018/11/29/stock-market-analysis-is-santa-claus-rally-imminent/

dipoolowoo:
Access Bank May Reduce Dividend Payment to Stay Afloat
https://businesspost.ng/2018/11/29/access-bank-may-reduce-dividend-payment-to-stay-afloat/

Zenith Bank Directors Panic Over Possible Loss of $100m
**As Debtor Files for Bankruptcy
https://businesspost.ng/2018/11/29/zenith-bank-directors-panic-over-possible-loss-of-100m/

Stock Market Analysis: Is 'Santa Claus' Rally Imminent?
https://businesspost.ng/2018/11/29/stock-market-analysis-is-santa-claus-rally-imminent/

rebekah2011:
https://www.forbesafrica.com/cover-story/2018/11/26/the-money-men-of-nigerias-banking-industry/
They have taken down the story that alleged that Uzoma mismanaged the bank. This is the new story trending.

PETERiCHY:
UZOMA and his DIEMOND BANK rightnow

yok:
NIGERIA STOCK MARKET GENERAL COMMENT EXPECTED HIGH AND LOW TRADING RANGE FOR 28 NOVEMBER 2018

The bear has taken over for this week with the second day for the week ending up in the red.

But, just observed that MSCI Nigeria entered the market yesterday. Is this a sign that the stocks are oversold? Let us keep watching how the rest of the week will play out. Zenith,Unilever and FBN seem to be the 1st equities in their shopping list. Confirmed from https://www.globalxfunds.com/funds/nge/. There is the probability that morning star may still be showing Monday figures, therefore you can see the movements.

For Wednesday 21 October 2018 expected High is 31,718.98 low at 31,501.38

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis”.

Caution: This is for information purpose only. Data used are assumed to be correct. However, you may want to verify the data from an appropriate source. Also, Institutions can afford to suffer big losses without going burst compared with an individual, you cannot follow them blindly (you need to at least have some knowledge/your own plan).
N:B
1. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.

Chibuking81:
I don't like insult, as well I don't like insulting people, please next time choose a better word, you can communicate your message without using offensive words.

I never fool any person here, or intended to fool any. When I use the word like bear and bonanza, I don't just mention them without stating the factors that will cause it.

There are many factors I sighted, with election been the dominating factor among the various factors. Have you ask why the increase in Tbill? When the demand become low, government will increase the price to attract more demand, and when the demands become high the price will reduce.

Election has a great role to play; it makes foreign investors to bailed out from the market, due to fear of unknown, once after election with all things been equal you will see them returning one by one.

Banks at this stage will restrict the rate of loan giving to their customers, due to fear of any possible change of government, which at this point, the expectation is very high. Everyone are at alert, even contractors and business men reduces the level of their financial exposure to government, they prefer pay before service now, and pay at point of delivery.

Remember, I still maintain that many factors will be responsible for the bonanza period with election been the chief factor.

Many things has change from the time I started announcement of bonanza period till this period, ASI was close to 40,000, today ASI is 32,000 and still heading Southward.

Buying times two of the unit with the same amount as some few months ago will give one, times two of dividend from the same company come March 2019.