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Nigerian Stock Exchange Market Pick Alerts - Investment (3501) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 8:00am On May 01, 2018
uuspace:
Everytime i remember Stockmarketnigeria.com. My mind goes to Duduspace, and then my mind goes to what is going on now in naija. I just shake my head.

I so much miss Stockmarketnigeria.com.

D U D U S P A C E

_ U _ U_ S P A C E

I removed the Ds in the SMN name and got your moniker grin grin

Coincidence?

10 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Jeez2(f): 8:02am On May 01, 2018
Agbalowomeri:
Jeez2 sighted
cheesy cheesy cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 8:03am On May 01, 2018
uuspace:
Let me share with all my little knowledge, i hope i will not be called a monkey hunter.

I am not as sophisticated as the TA and FA guys. But what i used to know that there will be a bear is, i went to FT.COM and checked the trend of most stocks in the NSE.

Lets use FBNH as an example, there you can see the 5 to 7 year price movement in a graph and there is something similar in all the years. between November to second week in January there is always a bull. From the second to third week in January the bears appear FBNH normally loses close to 20 to 30% value of the January peak. The bear and the consolidation continues till second week in march then there is a little appreciation of value. till the mark down date. The lowest point is always the mark down date. From march/April the bull will start slowly till mid may where it will peak. From may nothing fantastic will happen till November again where big bull will come.


I checked this trend in several companies they are the same. So expect FBNH to touch N11 or below before rebound. After that is the right time to jump in and plan to exit around may. After may nothing will happen again till November.


All the doubters you can save this and prove me wrong.You can go to ft.com and check what i said, pick any stock you like. I have nothing to loose. But i will be happy if i helped save money for someone.


WHAT IS 'SELL IN MAY AND GO AWAY'?

Sell in May and go away is a well-known trading adage that warns investors to sell their stock holdings in May to avoid a seasonal decline in equity markets. If a trader follows the sell-in-May-and-go-away strategy, the trader sells stock holdings in May and invests again in the equity market in November to avoid the typically volatile May to October period. Some investors find this strategy more rewarding than staying in the equity markets throughout the year.

BREAKING DOWN 'Sell In May And Go Away'

This strategy is based on the historical under performance of some stocks in the six-month period commencing in May and ending in October compared to the six-month period from November to April.

Origination of the Phrase "Sell in May and Go Away"

The phrase sell in May and go away is thought to originate from an old English saying, "Sell in May and go away, and come on back on St. Leger's Day." This phrase refers to a custom of aristocrats, merchants and bankers who would leave the city of London and escape to the country during the hot summer months. St. Leger's Day refers to the St. Leger's Stakes, a thoroughbred horse race held in mid-September and the last leg of the British Triple Crown.

American traders who are likely to spend more time on vacation between Memorial Day and Labor Day mimic this trend and have adopted the phrase as an investing adage. Before 201, stock market patterns have supported the theory behind the strategy.

Do the Markets Drop in May?
From 1950 to around 2013, the Dow Jones Industrial Average has had an average return of only 0.3% during the May to October period compared with an average gain of 7.5% during the November to April period, according to Forbes. While the exact reasons for this seasonal trading pattern were not known, lower trading volumes due to the summer vacation months and increased investment flows during the winter months were cited as contributory reasons for the discrepancy in performance between the May to October and the November to April periods.

However, recent evidence from Investor's Business Daily shows that this seasonal pattern may not be the case anymore. According to Investor's Business Daily, If an investor had sold stock in May 2016, they would have missed some lucrative runs. The NASDAQ ended April 2016 at 4775.36; it closed higher in May and soared in late June. The NASDAQ rose by 55% from the end of June 2016 until the end of January 2018.

Alternatives to Sell in May and Go Away
Instead of selling in May, some analysts recommend rotation. This means that investors would not cash out their investments but would instead vary their portfolios and focus on products that may be less affected by the overall slow growth in the markets during the summer and early fall, such as technology or health.

[https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp

8 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 8:04am On May 01, 2018
mendes911:


EPS of 34k in 2016, Dividend of 14k.
EPS of 65k in 2017, Dividend of 11k.

Alright.... This reminds me of FCMB of years back.

One should tread with caution and see what trick they are about to play.

The Dividends isn't ok vis à vis the EPS.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 8:24am On May 01, 2018
PETERiCHY:


WHAT IS 'SELL IN MAY AND GO AWAY'?

Sell in May and go away is a well-known trading adage that warns investors to sell their stock holdings in May to avoid a seasonal decline in equity markets. If a trader follows the sell-in-May-and-go-away strategy, the trader sells stock holdings in May and invests again in the equity market in November to avoid the typically volatile May to October period. Some investors find this strategy more rewarding than staying in the equity markets throughout the year.

BREAKING DOWN 'Sell In May And Go Away'

This strategy is based on the historical under performance of some stocks in the six-month period commencing in May and ending in October compared to the six-month period from November to April.

Origination of the Phrase "Sell in May and Go Away"

The phrase sell in May and go away is thought to originate from an old English saying, "Sell in May and go away, and come on back on St. Leger's Day." This phrase refers to a custom of aristocrats, merchants and bankers who would leave the city of London and escape to the country during the hot summer months. St. Leger's Day refers to the St. Leger's Stakes, a thoroughbred horse race held in mid-September and the last leg of the British Triple Crown.

American traders who are likely to spend more time on vacation between Memorial Day and Labor Day mimic this trend and have adopted the phrase as an investing adage. Before 201, stock market patterns have supported the theory behind the strategy.

Do the Markets Drop in May?
From 1950 to around 2013, the Dow Jones Industrial Average has had an average return of only 0.3% during the May to October period compared with an average gain of 7.5% during the November to April period, according to Forbes. While the exact reasons for this seasonal trading pattern were not known, lower trading volumes due to the summer vacation months and increased investment flows during the winter months were cited as contributory reasons for the discrepancy in performance between the May to October and the November to April periods.

However, recent evidence from Investor's Business Daily shows that this seasonal pattern may not be the case anymore. According to Investor's Business Daily, If an investor had sold stock in May 2016, they would have missed some lucrative runs. The NASDAQ ended April 2016 at 4775.36; it closed higher in May and soared in late June. The NASDAQ rose by 55% from the end of June 2016 until the end of January 2018.

Alternatives to Sell in May and Go Away
Instead of selling in May, some analysts recommend rotation. This means that investors would not cash out their investments but would instead vary their portfolios and focus on products that may be less affected by the overall slow growth in the markets during the summer and early fall, such as technology or health.

[https://www.investopedia.com/terms/s/sell-in-may-and-go-away.asp



For NSE, it is sell in June and come back in December grin

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 8:28am On May 01, 2018
Congrat on page 3500; next bull will take it to 4000
C'mon let's go there!
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 8:53am On May 01, 2018
Is mkt open today?

grin
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 8:55am On May 01, 2018
Senior Tolu. Congrats on Ur bank release yesterday

grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 9:30am On May 01, 2018
Agbalowomeri:
Congrat on page 3500; next bull will take it to 4000
C'mon let's go there!

Are you still in Fidelity? E no look like say e go still vomit.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 9:34am On May 01, 2018
mendes911:


Are you still in Fidelity? E no look like say e go still vomit.

I dey inside kampe grin
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 9:42am On May 01, 2018
mendes911:


Are you still in Fidelity? E no look like say e go still vomit.

Fidelity next bus-stop na KM5....if Sir Peterichie jumps out

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 9:52am On May 01, 2018
ukay2:


Fidelity next bus-stop na KM5....if Sir Peterichie jumps out
no be only 5. For this market, bull no dey pass 2 days again. After 2days of full bid, next is full offer till previous price. #SICKMARKET

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 9:58am On May 01, 2018
Agbalowomeri:


I dey inside kampe grin

LOL. You wey take off since.... I take one eye dey look you.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 10:03am On May 01, 2018
ukay2:


Fidelity next bus-stop na KM5....if Sir Peterichie jumps out

KM5 kee. Judging by how "investors" reacted after FCMB's 10k, I have serious doubt about any uptrend without a first downtrend.

Well, a deep pocket might pick interest tomorrow and the rest will be story.....

On a second thought, would anyone know if Fidelity have got any good MM backing them?
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 10:13am On May 01, 2018
mendes911:


KM5 kee. Judging by how "investors" reacted after FCMB's 10k, I have serious doubt about any uptrend without a first downtrend.

Well, a deep pocket might pick interest tomorrow and the rest will be story.....

On a second thought, would anyone know if Fidelity have got any good MM backing them?

Bull starts tomorrow
Fasten your seat belt
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 10:16am On May 01, 2018
rahjan:
Good morning wonderful people. I am trying to collect some of my outstanding dividend from the registrars. I filled and submited my e-mandate at my bank which as been processed but united securities to be specific responded that they can't process my outstanding until I complete a purchase transfer form as I bought through the secondary market and they don't have a specimen of my signature.
Please how does this work? Note that I have been paid my outstanding by first registrars and Africa Prudential without asking for this.

i just did this with datamax. You need to go to your stockbrokers and request for a purchase transfer form. You will fill the form and sign, then your stockbrokers will countersign the form and send it to CSCS. Once your stockbrokers have an acknowledged receipt copy from cscs they will give this to you and you can then take it to the registrars.

As I said I just completed this same process with my registrars. It's really not complicated at all. Just get in touch with the stockbrokers that sold the shares to you. First Registrar and Afriprud probably already have your signature on file hence they didn't require a verification. Good luck!

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by sky2891: 10:28am On May 01, 2018
Agbalowomeri:

Bull starts tomorrow Fasten your seat belt
Re: Nigerian Stock Exchange Market Pick Alerts by yok: 10:37am On May 01, 2018
MSCI/ General Comment - Week Ended 30 April 2018

Selling for the day reduced drastically, technically I will not consider this as selling looking at the quantity of each equity in the fund’s portfolio. I see the fund trying to gauge the proper mood of the market. There were flurry of reports, some showed insanely good profits that will temp one to look for more funds to invest (but let see what happens from tomorow).

For the first time I saw what appeared like a short term fixed income investment on the Fund’s portfolio, this is money waiting to come into the equity market again? With this money in the portfolio that can drop anytime, the fund is telling us that there is no permanent enemy in the market, you just go where the money is and forget/dump any stock not moving according to plan. Being nimble like the fund will not be easy, as for most equities the fund holds a huge volume and selling may just be a way of taking profits on some positions/freeing more may for better stocks.

Monday for the week was fairly bullish, but did you notice how some stocks went up early in the day, but letter drop from the earlier higher opening to close in some cases at a slightly lower prices? Now time to watch the market closely for some earnings play. Earnings play is a strategy which we want to benefit from positive sentiments in a company’s earnings release, it does not necessary mean buying the stock with highest percentage earning increase, but waiting for the right time to see when the market is reacting positively to earnings release. I will point out one when I see it. If it is just following high earnings then last year those of us who bought WAPCO about April last year should have made money (I bought at about NGN55 then, but alas I got out after some time with a small loss around NGN50, same story for me in CI Leasing for 2017). So, I will not jump into positive earning just like that, there is a proper strategy for doing this ans will point it out when I see one, before any body talk about Julius Berger, that was a similar situation that lured me into CI Leasing after the 2nd quarter result in 2017.

On the supply I see 41666.01- 41,832.42 on the NSE all share index being a supply point. If the index close above this level, the the bulls can relax a title.

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.

Re: Nigerian Stock Exchange Market Pick Alerts by DaV8King(m): 10:43am On May 01, 2018
This Daar Communications result sha

EPS improved 200% from (9) to (3) angry
Revenue growth of 1% from 904,610 to 913,428
Gross Profit up 230%, from (681,850) to (206,000) grin grin
Taxation up 109% from 10,125 to 23,601 tongue
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:20am On May 01, 2018
Happy traders-investors-monkeyhunters-workers day.choose one that fits you o jare.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 11:48am On May 01, 2018
DOLLARTEX:
Happy traders-investors-monkeyhunters-workers day.choose one that fits you o jare.
Thanks. Trader here. tongue
Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 11:54am On May 01, 2018
locodemy:


There is no clarifications here. Pls explain vehemently .

grin cheesy grin cheesy

Vehemently keh? Wetin happen? Na only you go fit do that one o. cheesy grin

I laugh so teh cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 12:33pm On May 01, 2018
Happy workers day, lazy youths
Instead make una go carry hoe and cutlass
Una dey here dey wait for bull wey Baba Bubu don carry go Daura

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 12:42pm On May 01, 2018
FIDELITY BANK just released one of its best annual report in recent times, showing a spike accross key revenue lines with a better than average positive metrics.

Here's a few highlight:
Positives;
- An astronomical approx 94% jump in PAT YoY.
- An over 18% increase in gross earnings plus a slight increase in interest income which was just enough to make up for that on the expense line.
- A very healthy cash position over the course of the year. (...approx 64% increment YoY)
- An improvement in loans & advances (...this is crucial to help curtail the strain from their core interest income line going forward).
- An improvement in debt servicing.
- A leap in EPS and ROAE with EPS advancing by a whopping approx 91%.

Negatives;
- A drop in retained earnings (...and by extension, a drop in dividend payout).
- A drop in deposit mobilisation putting further pressure on their economy of scale with a strain from core line of income.

However, for the clear reason that the merits far outweigh the adjustment for any downside risk from the negatives, I have just adopted this coy as one of my 'concubine'. ...for with this result, 'she has become sexy enough to us'. ...and as her name (fidelity) suggest, we do not think she would 'cheat' on us. ...especially in the short to mid term time frame.

Going by FIDELITYs YE 2017 result, my Fair Value is N5.20k. ...which presents a very juicy discount of 103% from Friday's closing price of N2.55k.

My verdict: Just follow ur instinct.

NOTE: This analysis is strictly result driven and not any sort of recommendation. ...DD still advised as always pls.

...my 2 cent.

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 12:46pm On May 01, 2018
Agbalowomeri:
Happy workers day, lazy youths
Instead make una go carry hoe and cutlass
Una dey here dey wait for bull wey Baba Bubu don carry go Daura

If I hit you now they will say I am wicked

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Toluway: 1:03pm On May 01, 2018
currentprice:
Senior Tolu. Congrats on Ur bank release yesterday

grin grin
Thank you sir. It constitutes less than 20% of my nsem investment though.
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 1:16pm On May 01, 2018
Toluway:

Thank you sir. It constitutes less than 20% of my nsem investment though.

All those millions of units of Fidelity and that's still just 20% of your portfolio.

Tuwale Sir.
Re: Nigerian Stock Exchange Market Pick Alerts by Mopolchi: 1:17pm On May 01, 2018
Yeah, how una dey?
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 1:31pm On May 01, 2018
mendes911:


All those millions of units of Fidelity and that's still just 20% of your portfolio.

Tuwale Sir.

Bros na Senior Tolu o
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 1:45pm On May 01, 2018
Toluway:

Thank you sir. It constitutes less than 20% of my nsem investment though.

u're welcome sir, for you not to carry angry stone me means bull are with us.

by the way, i hope the rest that constitutes 80% can beat fidelity otherwise u have join loco group that always sighted money but never touch it

but when he decided to wait it out only to find he has bought mkt " upl and japaul"

loco must write book on nse after retirement

grin grin grin

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 1:59pm On May 01, 2018
currentprice:


u're welcome sir, for you not to carry angry stone me means bull are with us.

by the way, i hope the rest that constitutes 80% can beat fidelity otherwise u have join loco group that always sighted money but never touch it

but when he decided to wait it out only to find he has bought mkt " upl and japaul"

loco must write book on nse after retirement

grin grin grin

You go just dey find wahala upanddown.....

Meanwhile on that bolded, are you saying Japaul will retire Loco?
Re: Nigerian Stock Exchange Market Pick Alerts by mendes911: 2:01pm On May 01, 2018
Agbalowomeri:


Bros na Senior Tolu o

Over senior dey worry am. Person wey dey share revenue, him suppose first get lion share nawww.

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