₦airaland Forum

DAILY STOCK MARKET GUIDE FOR 13 NOV 2019- "BEWARE OF INVESTMENT HELL FIRE"

Market has made a breakout, let us see how far it can go. A time like this is not to engage in 50/50 risk, we should go for sure winners. For this reason, Transcorp is out of our watch list, risk is slightly too high considering the fundamentals.

Our profit forecasts for year ended 31 December 2019 is showing some unbelievable good results that will make our people happy and also some portholes that will swallow some other people’s money The market is not your friend, there is a technique for playing the market. For example if you suddenly see some Greek gift (did you buy Transcorp Hotel to get the divided), and you take it, the loss of investment repercussions will come later (anyway to keep the uninformed investor in the market or to invest, when they should not invest is part of the investment game since time immemorial).

I am surprised at some of the news on company results, they will be talking about growth and when you look at the financials you will be wondering where is the growth in the company some media outfits are talking about. The retail investor have lost too much money in the market, investing on the basis of news can lead you to "Investment HELL FIRE" (apology to the religious ones please)

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). This document remains the personal property of Target technical analysis [url]https://twitter.com/AnalysisTarget
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NSE All SHARE INDEX CLOSE OF BUSINESS MARKET UPDATE 8 NOVEMBER 2019

Surprisingly bulls made it for the week.

Gain for the week: 0.08%

Loss for the year: 16.28%

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). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

MSCI FRESH ACTION FOR 7 NOVEMBER 2019

MSCI Nigeria is back in the market. But doing more selling than buying. For buying list; NBL, Larfage, OANDO. Selling side: UBA, Access, GTB, Dangcem, Nestle

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). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

MSCI CONFIRMED TO HAVE EXITED GUINNESS NIGERIA

The portfolio for MSCI Nigeria this morning on Morningstar.com showed that Guinness Nigeria is no more in the list .

Earlier indication was from MSCI website as at yesterday.

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). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

MARKET UPDATE CLOSE OF BUSINESS 7 NOVEMBER 2019

Loss for the week is currently 0.40% with the loss for the year at 16.68%.

The weekly support of 26237.21 has been broken!!! The bear is likely to have closed the border for the week, probably for the year to prevent the bull from coming in. We are not interested in the bear going to the next level?

Thank God many of us are already saying enough is enough of making loses, if NSE fails to perform, we can move to other parts of the word via Chaka and others .

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). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

MSCI DUMPS GUINNESS NIGERIA FINALLY

The next few weeks are not likely to be a good time for the shareholders of Guinness Nigeria. MSCI has finally dumped the stock. There is likelihood of the Price of the stock depreciating in the medium time frame.

Later in the day we will give further follow up from morningstar.com : [url]https://twitter.com/AnalysisTarget/status/1192359853420875776
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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). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

DAILY STOCK MARKET GUIDE FOR 6 NOVEMBER 2019

Market depth is positive. Closing price was just at the Pivot point. [url]Pivot for is Today’s 26374.39 as long as we still close slightly higher than this figure, the bullish move is still in play. [/url]

MSCI inactive.


Do you still want to give your money to somebody to invest for you, this tread may interest you, the gist is somewhere in the middle of the page:
https://www.nairaland.com/5511700/burning-building-balogun-market-lagos

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). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

STOCK MARKET GUIDE FOR 5 NOV 2019

The positive close yesterday gives a temporary indication that the bull will likely resume this week. Everything looks set for the bull as per yesterday’s price action/indicator signals. MSCI still absent from the market. See the recommendation below, if you can bear the risk, it can be considered.

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). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

STOCK MARKET GUIDE FOR 29 NOVEMBER 2019
Yesterday was okay, market continues with the attempt to rise, but attempt still too weak. As we get to the end of the week the bulls[b][/b] are ahead as at this morning by 0.03%, the final win may go either way to the bull or bear.

MSCI still out of the market.

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). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

STOCK MARKET GUIDE FOR 31 OCT 2019
Market still in consolidation mode, with no clear direction yet. We are waiting for the market to start responding to the various results, after which we will know what to do. For now we are still not interested in new positions. We are likely to start exiting some of our positions, if the equities fail to behave as expected .

MSCI is not active in the market.

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). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

UACN RESULT BIG HIT BELOW THE BELT??

This result is a big dent to UACN. I wonder how UAC Properties will be able to survive as a stand alone entity.

STOCK MARKET GUIDE FOR 30 OCT 2019

MSCI is quiet. Opening of NSE All share index just few ticks from our support level.

If the bears are able to go below the indicated support level of 26,237.71 (see the chart). For me as a Nigerian this is the NEXT LEVEL FOR THE BEARS, and sorry I am not interested in this type of “next level”, I will give myself clear one week break of ignoring all buy signals as it will be a case of “boarder closure" against the bulls.

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). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

WHICH SECTION OF THE INCOME STATEMENT SHOULD WE RELY ON MORE AS AN INVESTOR

Is it the profit after tax (PAT) or the statement of comprehensive income (CIS)? For us, the “CIS” is more important, especially where the company is a risky one. For example in period of rapidly changing foreign currency rates, coys with significant FX exposure may carry future risks on exchange rate fluctuations that can turn any PAT to a loss making situation.

Looking at the above and taking further explanation from Wikipedia (one should you consider PAT or CIS?). Did Oando have increase in profit for the 3rd quarter and buying the share will give you more dividend next year?

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). This document remains the personal property of Target technical analysis [url]https://twitter.com/AnalysisTarget
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PRICE ACTION CHART FOR 29 OCTOBER 2019

MSCI continues selling Guinness. We are not in a hurry to buy any stock yet, except we see exceptional value in those companies where our profit forecast is indicating earnings growth. Immediately I have the option of UACN or Glaxo. As a risk averse investor, I will choose UACN (why, see our profit forecast report), to buy at today’s price or as per my technical analysis indicators.

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). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

locodemy:
You will be hearing yok which other stock do we go for.......

Bros.......truely I saw it coming but scared of the business type.Govt not in total agreement with courteville.

Thanks Loco. People don't need to ask. Our posts will from time to time reveal our mind.

UPDATE ON RESULTS UPDATE- ETI

I want to say big shout out to locodemy, how did you get this information on Courtville (I did not send our complimentary copy of the 3rd quarter forecast to you!!!). The painful thing is that because you are involved, how I wish that our expected fall in earnings for Transcorp for 2019 compared with 2018 will not come to pass

Okay no problem, I and our subscribers are in high spirit, but the spirit will be higher when our Jaz not juju type clicks.

Just to see our forecast on Ecobank, we forecast 74% decline in CI (Comprehensive income), and the actual showed 82% decline We cannot claim 100% correctness, but we prevent our subscribers from a future loss of investments.

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). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

DAILY STOCK MARKET GUIDE FOR 28 OCTOBER 2019

MSCI fired a salvo on Guinness. Happy time for our subscribers, WAPCO performed as expected in the 3rd qtr result, we projected 300% over 2018 figures, but coy achieved 4 times our expectation. Let us focus more on our profit forecast as we moved to the 4th quarter.

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). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

MARKET UPDATE CLOSE OF THE WEEK 25 OCT 2019
Loss for the week: 0.38%
Loss for the year: 16.17%

This market is not looking inviting at all. I will not be aggressive in buying into this market. Any buying has to be on my terms.

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). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

TraDeRR:
Transcorp Wey your result oo

The result will likely look like this? This will be the standard to measure if the actual is good or bad.

DAILY STOCK MARKET GUIDE FOR 25 OCTOBER 2019

MSCI is quiet in the market this week. Our earnings forecast have been on target for most of the companies. For the result released by Courtville, it beats our expectation just like we told our subscribers about a month ago, the price to start buying. Now our target is the year end results for December 2019. We have thrown open our door to send the profit forecast for 3rd qtr to whoever is interested free.

Just send us an e-mail (but note that once we get enough emails 1st 50, we may stop this free offer, strictly 1st come 1st serve basis). If you have subscribed for our service previously, you will receive the report automatically.

Also note, that this forecast is just the engine that is powering our stage analysis report, which represents the core report for our subscribers.

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). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

[quote author=mendes911 post=83418315]Guinness

That Guinness declared a loss is no big surprise. MSCI selling this stock in the last one month is now justified. With this Guinness loss, I will suspend need to buy Dangcem till the 3rd qtr result is out. Following the big money and expected earnings growth seems to be working.

MARKET UPDATE- CLOSE OF BUSINESS ON 18 OCT 2019

The loss for the week and year:
Loss for the week- 0.32%
Loss for the year- 15.85

Time to run for cover.

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). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

STOCK MARKET GUIDE FOR 18 OCTOBER 2019

MSCI Sold 34638 Guinness (what offence did this company commit?). To be successful in this market, we need to use the right tools to get the best result. One indicator will not work at all time for all class of equities/time frame.

Access bank is currently our target, other 2 equities are still not in buy zone.

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). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

STOCK MARKET GUIDE FOR 17 OCT 2019
MSCI sold Guinness (look like a rounding up of the selling campaign).

Access bank close to buying zone (see our stage analysis sheet). Wapco/UACN not yet in re-entry level. Will post profit forecast for Access or any other stock later this week, just for the public to see how close it will be to the 3rd quarter actual result, it used as our gauge to see if the actual will be positively or negatively received by the investing public.

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). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

DAILY STOCK MARKET GUIDE FOR 16 OCTOBER 2019

MSCI sold Guinness again. For the 3 stocks we are monitoring (Access, Wapco, UACN), none has entered our re-entry zone. We fold our arms. No good news to move up the market yet as at this morning.

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). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

UPDATE FOR CLOSE OF THE WEEK 11 OCT 2019

Another week for the bear (NSE ALL SHARE INDEX):
* Loss for the week: 1.69%
* Loss for the year 2019: 15.58%

STOCK MARKET GUIDE FOR 11 OCT 2019
On Thursday MSCI sold only Guinness again. The downward momentum reduced yesterday plus Brent now about $60, let us see if the bull will show up today.

The market seems to be normal. We should note that using news alone to buy equities is losers’ game. It is just like eating the food that some people have digested. And of what benefit is eating what others have digested, no benefit!!! We need to know what the insiders are doing.

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). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

DAILY STOCK MARKET GUIDE FOR 09 OCTOBER 2019

MSCI on recess, market down from monthly down to the 30 minutes timeframe as at this morning. Winning in this market is not easy we are all competing against more short term traders compared with the previous years. Looking to be a Warren Buffett, in Nigeria will only make you a buffet for the bear pictured below.

Do not allow the bears to use your money to feed fat on buffet, learn to be a better investor.

Imagine me buying the 3 companies (in the picture below) now, but the expected results are as shown and I want to be a value investor? I am buying as prices are cheap. By November we will see the actual results!!! Let us get wise!!!

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). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

STOCK MARKET GUIDE FOR 04 OCTOBER 2019

MSCI stayed out of the market . The market is dull,time to just cool off a little. One cannot be an aggressive buyer at the moment.

If there are no opportunities today, there is always another day!!!

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). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

swilo:
Yok please explain the 'bolded'. I really would appreciate an illustration.

I will say this is my personal opinion and is common in the market. You will see an equity that the financials are not good, but once a while the price will just be increasing without reason and as soon as you buy, you will find that you have bought into a losing stock.

See the chart below, compare it with the financials. Why should this stock be going up? Even if the company can perform magic, I don't see how one can make money buying such equity.

Indirectly, my emphasis is that we must do our homework, we should not buy a stock just because the price is moving up!!!. If we see that risk is too high, we should not buy.

This is likely to come up in periods that are close to earnings seasons like we are getting to very soon.

STOCK MARKET GUIDE FOR 03 OCT 2019

MSCI did nothing, Index was down heavily , no surprise as the week opened near a resistance zone. Brent going below $60, the foreign funds may stay off.

I am fascinated the way some few equities are used to keep some traders in the market even when the big money knows that Investors cannot make money in that stock. At least there is[b] need to lure as many people into the market even if the 90% of the market participants will end up as losers.[/b] Is this manipulation!!! I don’t know? It may be a case of "BUYERS BEWARE"

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). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget

STOCK MARKET GUIDE FOR 02 OCT 2019

No major news to move market. Thanks for the earnings season and MSCI (sold Guinness on Monday). Still expecting a ranging market/small upward movement. I have some stock I want to buy, but price has not fallen my entry level.

I have now learn to wait for price to reach my level before striking. For example, due to fundamental issues there is no way I can buy Transcorp for more than NGN0.88 (I am even not keen on buying at all, it is fairly on the risky side looking at the expected earnings).

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). This document remains the personal property of Target technical analysis https://twitter.com/AnalysisTarget