₦airaland Forum

Jayjaycee18:
Sorry for the late response. I have been in transit in the last 2days and in now a time zone that is 10hrs behind Nigeria time. I will try not to make this post too lengthy, while still providing some guidance based on my modification of the CANSLIM checklist, which I adapted from the Investors Business Daily and reading books by the likes of Warren Buffet and Benjamin Graham. Most of the metrics are still very relevant in spite of how long ago they were introduced. However, feel free to modify these metrics as you gain more experience in the stock market. They are not cast in concrete.

Even though the list below is not exhaustive, you can check the following as part of your due diligence before buying any stock(s):
1. Is the coy among Top-Rated stocks in its Industry Group?: Yes
2. Position of coy in its Industry: Top 2 (e.g. Tesla and NIO, PLUG and FCEL, SBE and BLNK etc.)
3. Competitive advantage (moat): Can company increase product price without losing customers (e.g. Apple release of new more expensive IPhone)
4. Current share price compared to its 52-week high: less than 20%
5. Market capitalization of at least $2 billion (NA – not applicable for penny stocks)
6. Dividend Record: has paid a dividend for at least 10 straight years (NA for pennies)
7. Earnings Stability: positive EPS for at least the last 5 years (not applicable to penny stocks)
8. Consecutive Quarters of EPS Increase: 3 or more
9. EPS % Change Latest Quarter vs same Qtr. last year: 25% or higher
10. Annual % EPS growth rate of last 3years: 20% or higher
11. Latest Quarter % Earnings Surprise (actual EPS versus analyst estimates): >10%
12. Average growth of Last 3 Quarters EPS: 20% or higher
13. Sales/revenue increasing over the last 3 Quarters?= Yes
14. Sales Growth in Last Quarter: 15% or higher
15. % sales growth in latest Qtr. vs same Qtr. Last (prior) year: 15% or higher
16. Average sales % change for last 3 Quarters: 20% or higher
17. Sales growth greater than peers/competitors (indicates “moat”)
18. Sales growth (CAGR) for last 5 – 10years: > 15%
19. Sales CAGR ~ (approx.) = Profit CAGR (in a moat, increased sales leads to increased profit)
20. Upcoming catalyst (new product/service with est. annual revenue >$200m): Yes
21. Return On Equity (ROE) from last annual report: 15% or higher
22. Return on Asset (ROA): >15%
23. Relative Strength Index (RSI): 75 or higher
24. Average Daily Volume traded in last 50days: 300,000 or more shares
25. Ratio of sum of all “up” days volumes vs “down” days vols. in Last 50days: >1
26. Dividend Yield: at least 5% (but not applicable to stocks like pennies with no dividend history)
27. Dividend payout ratio: 35 - 55% (i.e. at least 35% of annual EPS is paid out as dividend)
28. Dividend CAGR > 0 (consistent increase in dividend payment as profit increases)
29. Historical Growth in EPS (over last 10 years) >7%
30. Less than 2years of declining EPS (5% or more decline) over the previous 10years
31. Cash flow from operations (CFO): >0 (positive CFO is very important)
32. Free cash flow (FCF) to CFO (FCF/CFO):>0 (the higher the FCF as proportion of CFO, the better)
33. Total debt less than book value
34. Debt to equity ratio: <0.5
35. Interest coverage: >3
36. Net Profit Margin (NPM): > 8%
37. Debt to Net Current Assets ratio: <1.1
38. current ratio: >1.5
39. Price to Sales (P/S) ratio: < 1.5
40. Price to book ratio (P/B): <1
41. Price/earnings (P/E) to growth ratio (PEG): <1
42. Current ratio greater than 2
43. Current P/E ratio less than 40% of the highest P/E ratio the stock had over the past 5 years
44. Quarters of Increasing Fund Ownership: last 2 Qtrs. or more
45. Insider (CEO, CFO, MD etc.) buying/selling: More insiders buying than selling in last 2 Qts.
46. % Insider ownership: 40% or more
47. Share float % (amount of shares from issued shares available to be traded daily): <40%
48. Short interest %: (% of share float sold short but not closed and covered. This indicates market sentiment): 15% or higher for greater short squeeze and future price appreciation
49. Share repurchase program: Yes
50. Coy credit rating: BBB- and above (credit rating should have been improving in last 3years)
51. Piotroski F Score: 7 and above

How to Calculate the Piotroski F Score is below (9 is a perfect score; 8 very good; etc.):
• Net income: Assign a score of “1” if last year’s net income was positive, assign score of “0” if not
• Operating cash flow: “1” if last year’s cash flow from operations (CFFO) was positive, “0” if not
• ROA increasing: “1” if last year’s ROA was higher than prior year’s, “0” if not
• Quality of earnings: “1” if CFFO > net income, “0” if not
• Long-term debt vs. assets: “1” if long-term debt as percentage of asset decreased over prior year, or if long-term debt is zero; “0” if not
• Current ratio: “1” if short-term assets divided by short-term liabilities ratio is greater than prior year’s; “0” if not
• Shares outstanding: “1” if shares outstanding has fallen since prior year; “0” if not
• Gross margin: “1” if gross margin exceeds prior year’s; “0” if not
• Asset turnover: “1” if rise in revenue exceeds rise in total assets; “0” if not

The following resources can provide the data you need:
• Financial statement data: [/b]Yahoo finance, cnbc, “www.macrotrendsdotnet” etc.
• [b]Quarterly Earnings review/guidance: Benzinga, Zacks etc.
• Analysts review: Motleyfool, Benzinga, Zacks etc.
• Daily traded volume, dividend yield etc: [/b]yahoo finance, marketchameleondotcom etc.
• [b]Short interest: “shortsqueezedotcom” and “finvizdotcom"
• Technical analysis charts: “investingdotcom”, “tradingviewdotcom”, “marketwatchdotcom”

yazga:
Here are some key indicators used by investors.
1.Earnings per share (EPS) This is the amount each share. ...
2. Price to earnings (P/E) ratio. ...
3. Price to earnings ratio to growth ratio (PEG) ...
4. Price to book value ratio (P/B) ...
5. Dividend payout ratio (DPR) ...
6 Dividend yield.
1. Earnings per share (EPS)
This is the amount each share
would get if a company paid out all of its profit to its shareholders. EPS is calculated by dividing the company’s total profit by the number of shares.

Example – If a company’s profit is $200 million and there are 10 million shares, the EPS is $20.

EPS can tell you how companies in the same industry compare. Companies that show steady, consistent earnings
growth, year after year, will often outperform companies with volatile earnings over time.

2. Price to earnings (P/E) ratio
This measures the relationship between the earnings of a company and its stock
price. It’s calculated by dividing the current price per share of a company’s stock by the company’s earnings per share.

Example – A company’s stock currently sells for $50 per share and its earnings per share
are $5. That means it has a P/E ratio of 10 ($50 divided by $5).

The P/E ratio can tell you whether a stock’s price is high, or low, compared to its earnings.

Some investors consider a company with a high P/E to be overpriced. But sometimes a company with a high P/E today may offer higher returns, and a better P/E, in the future. How do you know? You’ll likely have to look at other indicators before you decide.

3. Price to earnings ratio to growth ratio (PEG)
This helps you understand the P/E ratio a little better. It’s calculated by dividing the P/E ratio by the company’s projected growth
in earnings.

Example – A stock with a P/E of 30 and projected earnings growth next year of 15% would have a PEG of 2 (30 divided by 15). A stock with a P/E of 30 but projected earnings growth of 30% will have PEG of 1 (30 divided by 30).

The PEG can tell you whether a stock may or may not be a good value. The lower the number, the less you have to pay to get in on the company’s expected future earnings growth.

4. Price to book value ratio (P/B)
This compares the value the market puts on a company with the value the company has stated in its financial books. It’s calculated by dividing the current price per share by the book value per share. The book value is the current equity of a company, as listed in the annual report.

Most of the time, the lower the P/B is, the better. That’s because you’re paying less for more book value.

If you’re looking for a well-priced stock with reasonable growth potential, you may want to use a low P/B as a tool to identify possible stock picks.

5. Dividend payout ratio (DPR)
This measures what a company pays out to investors in dividends compared to what the stock is earning. It’s calculated by dividing the annual dividends per share by the EPS.

Example – If a company paid out $1 per share in dividends and had an EPS of $3, the DPR would be 33% (1 divided by 3).

The DPR can give you an idea of how well a company’s earnings support the dividend payments. More mature companies will typically have a higher DPR. They believe that paying more in dividends is the best use of their profits for the firm and its shareholders. Since growing companies are likely to have less or no earnings to pay out dividends, their DPR would tend to be low or zero.

6. Dividend yield
This measures the return on a dividend as a percentage of the stock price. It’s calculated by dividing the annual dividend
per share by the price per share.

Example – 2 stocks each pay an annual dividend of $1 per share. Company A’s stock is trading at $40 a share, but Company B’s stock is trading at $20 a share. Company A has a dividend yield
of 2.5% (1 divided by 40), while Company B’s is 5% (1 divided by 20).

The dividend yield
can tell you how much cash flow
you’re getting for your money, all other things being equal.

CAUTION
Indicators can help you assess the value of a stock and its growth potential. But there are many other factors affecting stock prices that can’t be easily measured.

other factors
Company news and performance
Here are some company-specific factors that can affect the share price:

news releases on earnings and profits, and future estimated earnings
announcement of dividends
introduction of a new product or a product recall
securing a new large contract
employee layoffs
anticipated takeover or merger
a change of management
accounting errors or scandals
Industry performance
Often, the stock price of the companies in the same industry will move in tandem with each other. This is because market conditions generally affect the companies in the same industry the same way. But sometimes, the stock price of a company will benefit from a piece of bad news for its competitor if the companies are competing for the same market.

Investor sentiment
Investor sentiment or confidence can cause the market to go up or down, which can cause stock prices to rise or fall. The general direction that the stock market takes can affect the value of a stock:

bull market – a strong stock market where stock prices are rising and investor confidence is growing. It’s often tied to economic recovery or an economic boom, as well as investor optimism.
bear market
– a weak market where stock
prices are falling and investor confidence is fading. It often happens when an economy is in recession and unemployment is high, with rising prices.
Economic factors
1. Interest rates
The Bank of Canada can raise or lower interest rates to stabilize or stimulate the Canadian economy. This is known as monetary policy. If a company borrows money to expand and improve its business, higher interest rates will affect the cost of its debt
. This can reduce company profits
and the dividends it pays shareholders. As a result, its share
price may drop. And, in times of higher interest rates, investments that pay interest tend to be more attractive to investors than stocks.

2. Economic outlook
If it looks like the economy is going to expand, stock prices may rise. Investors may buy more stocks thinking they will see future profits and higher stock prices. If the economic outlook is uncertain, investors may reduce their buying or start selling.

3. Inflation
Inflation
means higher consumer prices. This often slows sales and reduces profits. Higher prices will also often lead to higher interest rates. For example, the Bank of Canada may raise interest rates to slow down inflation. These changes will tend to bring down stock prices. Commodities however, may do better with inflation, so their prices may rise.

4. Deflation
Falling prices tend to mean lower profits for companies and decreased economic activity. Stock prices may go down, and investors may start selling their shares and move to fixed-income investments like bonds. Interest rates may be lowered to encourage people to borrow more. The goal is increased spending and economic activity. The Great Depression (1929-1939) was one of the worst periods of deflation
ever.

5. Economic and political shocks
Changes around the world can affect both the economy and stock prices. For example, a rise in energy costs can lead to lower sales, lower profits and lower stock prices. An act of terrorism can also lead to a downturn in economic activity and a fall in stock prices.

6. Changes in economic policy
If a new government comes into power, it may decide to make new policies. Sometimes these changes can be seen as good for business, and sometimes not. They may lead to changes in inflation and interest rates, which in turn may affect stock prices.

7. The value of the Canadian dollar
Many Canadian companies sell products to buyers in other countries. If the Canadian dollar rises, their customers will have to spend more to buy Canadian goods. This can drive down sales, which in turn can lead to lower stock prices. When the price of the Canadian dollar falls, it makes it cheaper for others to buy our products. This can make stock prices rise.

KEY POINT
Stock prices can be affected by:

company news and performance
industry performance
investor sentiment
economic factors

afroxyz:
Go to page 14 of this thread.

You can also read:

One up on Wall Street

Reminiscences of a stock trader

Investment psychology explained

How to day trade for a living

The little book of behavioural investing

CashDiMkpa:
I see many people asking basic questions here about stock trading/investing, features on the trading app. My comment is that the market especially US Market has been in existence for over 2 centuries and will likely still be in existence by the end of the year.

Just take some weeks to trade demo accounts in T212 or passfolio (if they have it) and learn the ropes before you stake your hard earned money on live action. The market is not going away soon but your money can vanish in an instant if you don't know what you are doing.

yazga:
PENYN STOCKS
ASTI Ascent Solar Technologies, Inc.
GTLL Global Technologies, Ltd.
MCOA Marijuana Company of America, Inc.
DPLS DarkPulse, Inc.
WRFX WorldFlix, Inc.
ETFM FOMO Corp.
BBRW BrewBilt Manufacturing Inc.
VPER Viper Networks, Inc.
SVTE Service Team Inc.
PRMO Prom Resources, Inc.
NSPT Newron Sport
IHSI Intelligent Highway Solutions, Inc.
TMGI The Marquie Group, Inc.
LTNC Labor Smart, Inc.
LGBS Legends Business Group, Inc.
ELCR Electric Car Company, Inc.
INAR InternetArray, Inc.
CBDD CBD of Denver Inc.
NSAV NSAV Holding, Inc.
AFPW AlumiFuel Power Corporation
PLYZ Plyzer Technologies Inc.
BNGI Bangi Inc.
ETEK Eco-Tek Group, Inc
ICTY EyeCity.com, Inc.
CBDL CBD Life Sciences Inc.
QBAN Telco Cuba, Inc.
MINE Minerco, Inc.
INOH In Ovations Holdings, Inc.
RBNW Renewable Energy and Power, Inc.
XMET

Jayjaycee18:
A lot of fundamentally sound stocks are posted on this forum by several monikers and myself and you have to carry out due diligence (DD) before buying any stock(s).

I normally post stocks that I own and either buying or watching for pullback/dip to buy on this forum. While my portfolio has the usual mid/large caps like Apple (AAPL), Tesla (TSLA), General Electric (GE), NIO, PLTR, SBE et al, from my experience, I make more gains from the sometimes very risky penny stocks which I go ahead to accumulate huge volumes after a very detailed due diligence and conviction of the underlying fundamentals of the company.

Kindly note that for penny stocks, and in fact, all other stocks, patience is very vital because Mr. Market would only recognize the worth of the stock and assign the right price at the appropriate time (sometimes within a a few days, a week, months or year). That said, the following stocks still have between 20-50% (or more) upside, depending on your investment strategy, risk tolerance intertwined with patience, and outlook (short, mid or long term):
Under $5 share price: ZOM, ABML, AVGR and CHEK
Under $10: PEIX, AMTX, BNGO and HEXO
Under $20: GEVO, NNDM, BFT, APDN and CCIV

Key advise: If the price of a stock drops after you buy, please don't fret, especially if you have done a detailed DD and are sure of the fundamentals of the stock(s) you bought. At the appropriate time, the share price will be realigned by Mr. Market and bounce back accordingly. Also, have an exit price target in mind to sell and lock-in gains and always set "stop-loss" once you have exceeded you price target to avoid eroding your profit due to usual market pullback/dips.

Disclosure: I currently own ZOM, ABML, AVGR, AMTX, GEVO, PEIX, NNDM, CCIV and BFT. Some of these have already ran up over 100%, but I remain bullish on them.

Bonne chance!!!

yazga:
Dates for your diary
#PDUFA Thread for 20 Jan 2021 to 25 Feb 2021

20 Jan 21 $MRK Vericiguat

22 Jan 21 $AUPH Voclosporin

23 Jan 21 $PFE Xalkori

28 Jan 21 $AMGN Nplate

1 Feb 21 $ADMS GOCOVRI

2 Feb 21 $MNK StrataGraft

11 Feb 21 $REGN Evinacumab

15 Feb 21 $TGTX Umbralisib

15 Feb 21 $GTHX Trilaciclib

20 Feb 21 $EXEL $BMY CABOMETYX

20 Feb 21 $AZN Tagrisso

25 Feb 21 $SRPT Casimersen

These are the drug approvals diary.
The list I provided is for you to play these stocks.

They all have results due for their drug approval processes.

These will push up the share prices. We shall be buying the rumour and selling the facts.

Meaning, we shall be buying when it’s close to the dates and a day or two before the event (date published), we will be selling the stocks.

We are trying to stay ahead of the game.

Play means trade (buy/sell)

Willmichael:
Closely read through this thread and check out recommendations from the PROS here...

Then do your own DD on each stock before buying, don't buy if you ain't convinced, don't buy just because someone told you so. You have to understand why you're buying a stock...

To start sha... You can check out
Biotech coys
Moderna and Pfizer
Nokia
Fubo
Veritone
Tsla
Lumn
Fcel
...


I own only 3 out of the above, the rest are worth looking at

Remember, I don't know anything o

klabi:
Hello good evening here , please I’m a newbie to stock trading I’ve setup a bamboo account already , any mentors here please help a newbie

slachtoffers:
Hello,

Please which app can someone in EU used to trade US stock? Robinhood doesn't work and most indigenous app here like degiro does not have very good reviews.

sonnie10:
Sundy my love, let's do this again tomorrow!

Willmichael:
Closely read through this thread and check out recommendations from the PROS here...

Then do your own DD on each stock before buying, don't buy if you ain't convinced, don't buy just because someone told you so. You have to understand why you're buying a stock...

To start sha... You can check out
Biotech coys
Moderna and Pfizer
Nokia
Fubo
Veritone
Tsla
Lumn
Fcel
...


I own only 3 out of the above, the rest are worth looking at

Remember, I don't know anything o

Willmichael:
Closely read through this thread and check out recommendations from the PROS here...

Then do your own DD on each stock before buying, don't buy if you ain't convinced, don't buy just because someone told you so. You have to understand why you're buying a stock...

To start sha... You can check out
Biotech coys
Moderna and Pfizer
Nokia
Fubo
Veritone
Tsla
Lumn
Fcel
...


I own only 3 out of the above, the rest are worth looking at

Remember, I don't know anything o

YerYer:
This stock was on fire last year. It is very volatile though. But like Tesla, I believe it is one of those disruptor stocks that come about once in a while. I bought and held 100 shares for one day. Made $600 and quickly sold. Stil have just 5 shares. I plan to buy the dips and ride the wave for now. The broker I use only charge no fees to trade stocks.

PuristForest:
I like the recommendation, looks solid....will check them out.

Rayo14:
OK thanks can I get the person contact please

braveheart77:
Start with a sugar free diet (including carbs) with lots of fruits and vegetables

Glink2018:
Keep eating garlic, and bitter kola

scally11:
Folic acid, dark chocolate and addyzoa. I just started three days ago. I am looking at increasing my count to higher than 20million and motility to about 70%.
I don't eat fruits, veggies and nut before but now I am taking it. I added Vitamix c to my diet.
It is well

Rayo14:
Lagos

OLANIYI1985:
please if one has frequent ejaculation of watery sperm what is the cure to this problem.

nisot14:
which food or fruits can someone get zince nd vitamin E ?....Or supplements?