₦airaland Forum

MARKET UPDATE CLOSE OF BUSINESS 29 NOV 2019

Both results from Cutix and FCMB were very disappointing, far below our expectation. Next from Monday we start seeing the reaction of the market!!!
Company Expected result Actual Result
FCMB 11,499 10,791 See our twitter post this morning
Cutix 193 141

The next plan of action is to see how we can manage our position to ensure that we minimize the adverse effect of negative growth in earnings if we are in any of these equities.

Going forward the loss/gain for the week is as follows for the Allshare Index:
Weekly +0.04%
Up to date 2019 -14.09

[b]Caution: [/b]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
(Modify) (Quote) (Report) (Share)

STOCK MARKET GUIDE FOR 28 NOV
Market is fearful for now, there is no need to fear as uptrend is still intact on the weekly time-frame, but close to a support level.

[b]Caution: T[/b]his 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 26 NOV

MSCI is selling some stocks, this is likely to be a drag on the market and a warning that the bull for this week may not be strong. Nevertheless there is opportunity in the market.

TARGET TECHNICAL – MARKET UPDATE AS 22 NOVEMBER 2019

The Allshare Index market closed bullish the week with a gain of 0.52%
Loss for the year 2019 is : -14.2%

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 20 NOV

Bulls still in control. Screening out from our watch list is very important. Every exchange has dead companies that are not worth buying or too risky. Want to avoid risk of losing your money in the market? Get our stock weekly stage analysis report.

MSCI is still 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 [url]https://twitter.com/AnalysisTarget
[/url]

DAILY STOCK MARKET GUIDE FOR 19 NOVEMBER 2019
The bears are shaking the table, but the market still has some jokers in terms of the good results we have seen recently, oil staying above $60, MSCI new buying (MSCI has entered the market in a big way) etc.

This is a period that the penny stock like Wema, Jaiz Bank etc may do very by the end of their respective accounting years. With a small portion of our portfolio the risk may be worth taking.

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

CLOSE OF MARKET UPDATE END OF THE WEEK 15 NOVEMBER 2019

A very good week for the bulls. NSE Allshare index update:

Gain for the week: 2.04%
Loss for the year 2019: -14.57%

For early part of next week as long as the index stays above 26,663.14 we are likely to see the bullish trend in continuation mood.
Happy weekend to all.

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

rebekah2011 post=84025208]ETI that the legacy debts inherited from Oceanic Bank wan kill. The way of that Bank is not pure.[/quote]Today I am posting as myself yok.

I love this comment by Rebekah, I will support her. Our expired 3rd qtr forecast (which was was close to actual supported this). When there are better bush meat (stockfish) in the market, why do yo want to be eating PONMO!!!

I just want to say like Agba, who may be enjoying bushmeat somewhere by now, but we are enjoying our stockmeat or is it stockfish here.

EKU BULL MARKET OOO, YAKPO TUBA (that is my own Ibo and my own spelling or is it ibibio)

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
[/url]

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
[/url]

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
[/url]

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