Happy new year, fellow investors. Praying for success for all of us.
Keep on investing..

Happy New Year to you all. May the Almighty grant us long life and prosperity, this year and beyond. I pray that the "monkey hunters" amongst us shall repent and turn a new leaf this year.

mendes911:
Happy New Year to you all. May the Almighty grant us long life and prosperity, this year and beyond. I pray that the "monkey hunters" amongst us shall repent and turn a new leaf this year.

Baba Menses you never forget your nairaland password

HAPPY NEW YEAR TO EVERYONE!!!
Wishing you all a Prosperous 2023. Green-all-around

All Share Index Greatly Bullish in 2022; Can 2023 Be The Same?
Nigerian Stock All Share Index was very bullish in 2022 with the index rallied to 54354.96 before it pullback. But the last 2 months of the year (November & December) were phenomenal! Will the index repeat similar feat in 2023?

2023 is an election year, we can only hope for the best. However, during the course of 2022, ASI broke a swing-low while pulling-back and with price rising towards the May 2022 high; we would like the index to break above (and close above) 54354.96. Any price rejection here might cause the index to revert to its mean or lower.

https://invst.ly/zxxxd

PLAN YOU TRADES AND TRADE YOUR PLANS

BullBearMkt:
All Share Index Greatly Bullish in 2022; Can 2023 Be The Same?
Nigerian Stock All Share Index was very bullish in 2022 with the index rallied to 54354.96 before it pullback. But the last 2 months of the year (November & December) were phenomenal! Will the index repeat similar feat in 2023?

2023 is an election year, we can only hope for the best. However, during the course of 2022, ASI broke a swing-low while pulling-back and with price rising towards the May 2022 high; we would like the index to break above (and close above) 54354.96. Any price rejection here might cause the index to revert to its mean or lower.

https://invst.ly/zxxxd

PLAN YOU TRADES AND TRADE YOUR PLANS

My postulation is that the index has started the 5th leg of the Elliott Wave. The climb could be rapid especially if it breaks the 54/55k zone. Many may be drawn in but I expect the later part of the year to be bearish as the new government tries to find its feet

Happy New Year to you all. Hope you all have a profitable and green portfolio.

Agbalowomeri:


Baba Menses you never forget your nairaland password

Shebi you locked me up in your shrine! Hope you are doing great. Happy New Year.

Tombo Tombo from Ugodre to keep Una busy

https://nairametrics.com/2022/12/31/nigerian-equities-close-2022-with-19-98-gain/

Happy New Year All.

Make 2023 the year you learn Fundamental Analysis OR Technical Analysis OR Both.

Get ready for another bumpy market ride

thesilentone:
Happy New Year All.

Make 2023 the year you learn Fundamental Analysis OR Technical Analysis OR Both.

Get ready for another bumpy market ride

How can I learn technical analysis for NGX?
Is there a book for that or something else?

Ekuu new year bro & sis in thy lord

I wish all our portfolio green this year and beyond

eziokwunwoko:
Good day Mr Current price.
Compliments of the season, Happy New year in advance
Thanks for the last fair value advice on 3 stocks you gave me.
Please what is your spreadsheet ( fair value) saying about STERLING BANK and MRS oil
Thanks

although both stock are selling at a discount with fv @ Mrs 20, sterling 3 , valuations metrics are too poor for bedsheet to flag these stock green.
bro. are you looking at STERLING @ N1.4 as cheapest banking stock ?... in reality sterling is one of the most expensive stock in the sector. penny stock lovers may push the price toward the fair price sha.. but I prefer UBA .
as for Mrs abi Mr they have been carry forwards good retained earnings for years without adding value to the shareholders.. they need to do better than @ ROE of less than 6

mendes911:
Happy New Year to you all. May the Almighty grant us long life and prosperity, this year and beyond. I pray that the "monkey hunters" amongst us shall repent and turn a new leaf this year.

welcome back boss

[qThanks Bros
uote author=currentprice post=119638421]
although both stock are selling at a discount with fv @ Mrs 20, sterling 3 , valuations metrics are too poor for bedsheet to flag these stock green.
bro. are you looking at STERLING @ N1.4 as cheapest banking stock ?... in reality sterling is one of the most expensive stock in the sector. penny stock lovers may push the price toward the fair price sha.. but I prefer UBA .
as for Mrs abi Mr they have been carry forwards good retained earnings for years without adding value to the shareholders.. they need to do better than @ ROE of less than 6


[/quote]

mendes911:


Shebi you locked me up in your shrine! Hope you are doing great. Happy New Year.

When your vawulence was too much
Welcome back.

Technical analysis applies to any market including NGX.

If you are referring to a NGX targeted technical analysis book, I don't know of any but there are a lot of resources where you can learn technical analysis and simply apply to NGX.

Wapgod:

How can I learn technical analysis for NGX?
Is there a book for that or something else?

I wish everyone here a lot of serenity and a peaceful year.

currentprice:
Ekuu new year bro & sis in thy lord

I wish all our portfolio green this year and beyond

Happy New Year Boss

Happy New Year 2023 BnSITL....more celebrations...

thesilentone:
Technical analysis applies to any market including NGX.

If you are referring to a NGX targeted technical analysis book, I don't know of any but there are a lot of resources where you can learn technical analysis and simply apply to NGX.

The resources are always usa centric

The 'competition' read the same materials and will act likewise.

Wapgod:

The resources are always usa centric

please, will market open today?

Mfunkynation:
please, will market open today?

Surely.

Mfunkynation:
please, will market open today?

No

Agbalowomeri:

No

Thanks Uncle Agba

Hello

Happy New year House

Gurus in the house, please Between Accesscorp and GTCO which one is a better buy now

Mfunkynation:

Thanks Uncle Agba

Na lie o

Abbasmh:
Hello

Happy New year House

Gurus in the house, please Between Accesscorp and GTCO which one is a better buy now

@Abbasmh, I'm not sure if you appreciate Technical Analysis or not. IF YOU DO, then GTCO seems better than ACCESSCORP from TA point of view.

https://invst.ly/zybrg

Another FBNH Cross deal

*OFF MARKET TRADE*

A total of *192,500,000* units of *FBN HOLDINGS PLC* was done as *OFF MARKET TRADE* today *3RD JANUARY, 2023* at *N12.00* in *one deal*. The deal was a negotiated deal by *FBNQUEST SECURITIES LIMITED* (seller) and *APEL ASSET LIMITED* (buyer).

Abbasmh:
Hello

Happy New year House

Gurus in the house, please Between Accesscorp and GTCO which one is a better buy now

Both are good banks but I like access more at current prices for the following reasons:

Access bank is the largest bank in Nigeria by assets, customer base and deposits but on a relative valuation basis, Access is the cheapest T1 bank. They earned N4.85/share in the last 12 months and trading at N8.50 - just 1.7x earnings which is the cheapest of all the banks. Access along with UBA also trade at the lowest multiple to book value in the industry (0.3x). In other words, a bank with over N1trn shareholder's funds and almost N11 trillion in customer deposits that earned N175bn in last twelve months is trading at a market capitalization of less than N300bn.

Perhaps the market perceives more risk in Access and I can't pretend to be able to evaluate that accurately but I don't think they are that much less disciplined in lending than any other bank. What I think is more likely is that they are being punished for their relatively low dividend payout, which I think is unjustified. They have a lot of free cash and can probably double their dividend at any time they decide to slow down with the acquisitions. They are in a growth phase and surely can't keep swallowing other banks and financial institutions at this pace forever.

The icing on the cake for me was that Herbert Wigwe bought almost N1bn worth of shares in November at an average price of about N8. Many people don't give any weight to insider dealings because you can't know what drives their decisions. The way I see it; there are many reasons why an insider may sell shares that have nothing to do with underlying business value but there can only be one reason why they are buying.

Happy New Year everyone.