₦airaland Forum

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

MARKET UPDATE FOR CLOSE OF 27 SEPT
Bears won the week, Allshare Index closed at 27368.84. A -0.05%, loss for the week. Fairly good outing for the investors (if you are on the right side OF THE MARKET).

If we consider today like a penalty shoot-out to determine the winner (bull or bear for the week), Dangem and MTN losing their kicks cause the bull to lose out.

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 26 SEPT 2019

MSCI bought only Stanbic on 25 Sept. Loss for the week now 1.48%. This should not create panic as most fundamentally good stocks are still holding their ground.

Market may range or go down.


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

Good to know that MSCI is seeing value in UACN and Wema too. [/quote]Please note that MSCI is neither in UACN nor Wema bank. Comment is based on our own technical indicators.

STOCK MARKET GUIDE FOR 25 SEPTEMBER 2019
MSCI was a net buyer buying Oando and Stanbic. The bearish pressure was heavy yesterday, but still spared the fundamentally sound stock or did not affect them much.

However, we are still keen in buying fundamentally good equities like UACN, WEMA bank etc at strong support level.

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 24 SEPT 2019
MSCI is still in the market, very little transaction on the buying side.

On the negative closure, no problem it was on very weak volume. We still expect a range/slightly bullish week.

Support for the week is still intact at 26912.74.

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 CLOSE OF WEEK 20 SEPT 2019.

A fairly good week for the bulls. At 27698.69 the Allshare index gained 0.19% for the week, loss for the year now 11.87%.

We will return on Monday next week, likely for a slightly bullish week again. However, [b]I see a checkpoint at 28,000 level [/b]of the All share index.

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 SEPTEMBER 2019

MSCI still committed another $600k to the market yesterday, bought stocks accross the sectors, but sold Guinness. As we go to the 3rd qtr of the year, it is another positioning time. Our forecasts for the bulk of the companies are ready. Just for example, in the banking sector, Access, FCMB and Union bank should deliver improved profits compared with 2018.

For this week, the market has been fair to the bulls in terms of market depth. Not a bad week!!!

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 19 SEPT 2019
Yesterday MSCI was a net buyer of equities. Full details for our subscribers.

Since last week, the market has been fairly okay with more gainers than.

Let us stay on the side of stocks with growth potentials, this is not a time to go for those illiquid stocks, they can wait latter!!!

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 17 SEPT 2019
Market closed lower yesterday, main driver for upward movement in the market is still intact. I don't know whether the fall in the index was intended to scare the retail investors, but we expected more buyers to come into the market!!!

Whatever MSCI does with Oando at a time like this can be a pointer to the direction of the oil market at least for the short term. Yesterday MSCI sold Guinness (more quantity than previous disposals)

Buying Oando between, 3.85 and 3.98 will still be a good move. But let us remember once it gets to 4.80 we should be prepared to get out.

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 16 SEPT
The Allshare Index is close to a demand point. There is high possibility that the week will be a bullish one looking at the crude oil price.
Support level, 26070.79.

MSCI transaction for the week just ended bought OANDO and Stanbic, sold Guinness

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 9 SEPT 2019

OANDO was one of the stocks bought by MSCI last week, the equity has triggered a buy in our indicator, this is a short term play our entry is around NGN3.96 while we are to exit at NGN4.80.

Seems bears are now confused by our prayer warriors

There is high probability that this week will end on the bullish side. All things being equal there is about 70% probability that this Monday will make people smile 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

TARGET PROFIT FORECAST FOR ACCESS BANK - POSTED 1ST AUG 2019

Our forecast saw the big jump in profit coming long ago.

We are in picture of the 3rd quarter results for most major companies by now!!!

You can check and judge yourself.

MSCI did very little transaction 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

STOCK MARKET GUIDE FOR 5 SEPT2019

Wednesday, MSCI bought sold GTB and Dangcem/ bough only small quantity of one stock. Fund now on a net seller.

Wait for better entry in the light of the bears brought by the SA issues. Our buying should be minimal until the bearish momentum from this xenophobia issue is over.

We cannot be too wrong on the side of the fundamentals, still stay with only fundamentally good equities only.

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 4 SEPTEMBER 2019
Tuesday, MSCI reported purchase of Fidelity Bank and Oando, while selling GTB and Dangcem all in small quantities. There is high probability that the market may slow down today, due to South Africa related issues.

We should still avoid adding to our positions aggressively. No much positive news to move the market. UACN should be on our radar by now. But what should we buy, the market will tell us!!!

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 3 SEPTEMBER 2019

The upward move for the 2 days of this week have yielded a gain of 0.77%, compared with a loss of -0.71 for Tuesday last week.

There seems to be some big buyers in the market today. The volume traded is higher compared to the previous 2 trading days.

This is good news!!! But if U ask me what is moving the market, I don't really know!!! Except for MSCI that may want to capture MTN/Dansugar & Co, expected good performance from some companies like Access (not a recommendation for anybody to buy) and the UACN matter.

Nevertheless our own is to enjoy the temporary uptrend while it last.

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 3 SEPT 2019

Monday opened bullish. MSCI had no movement in the portfolio (this may be due to the public holiday in US yesterday).

Let us avoid buying garbage in our quest to find bargain. We need to exercise caution by only buying stocks with good fundamentals!!!

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

Valueinvestor:
But UACN pays dividend too,and they have been relatively consistent if not for some challenges they had recently,but i guess they are getting over it gradually
2014 -1.75
2016 -1.00
2017- 1.00
2018 - 0.65
Even dividend yield as of today stands at 14.4%,and their quarterly results has been impressive so far.

Noted. MSCI does not have UACN in their portfolio.

[Is it MSCI that's exiting UACN like this? [/quote]MSCI only buys dividend paying equities. The only time you will see non-dividend paying stock in their portfolio is when they were caught by the bear inside the stock, and looking at the quantity of share they hold selling the huge quantity may not be easy (that is why you still see the likes of OANDO in the portfolio).

Below was the position of the portfolio as at 29 August 2019, from morningstar.com.

STOCK MARKET GUIDE FOR 2 SEPT 2019
Friday has low activity from the side of the fund, but still a net buyer, bought Dangsugar, ETI, OANDO etc. Selling side were Dangcem, GTB, Nestle etc. This week is likely to be for Access Bank, but if U have not bought, it may already be late.

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 30 AUGUST 2019

Thursday was a not very active for the fund, still on both buying and selling side. As usual consistent in buying MTN, FCMB, and Fidelity: while selling Nestle, GTB etc.

On the results released recently (PZ, Guinness, Fidelity etc.), only Fidelity bank’s result seems to be fair but not a license to start buying (we need to continue monitoring 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

OUR FORECAST PROFIT AGAINST THE ACTUAL FOR GUINNESS

Just saw the actual result for 2nd quarter for Guinness and our forecast (posted here on 1 August 2019).

Can you see how close they are?

I am no more sweating in this market!!! there is a reliable system to follow (Target Technical reports made up of fundamental and then technical timing)

STOCK MARKET GUIDE FOR 29 AUGUST 2019

Wednesday was a day for MTN as far as MSCI was concerned, other top additions to the fund’s portfolio were: Ecobank, Transcorp, FBNH. The selling side has Access, Nestle, UBA and Dangcem.

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 28 AUGUST 2019

Generally the NSE Allshare Index is still in stage 4, waiting for another positive news/event that will move the prices of some equities to the positive side. For now, MSCI coming back to the market seems to be one of the reasons that the prices of some stock are moving. If MSCI is out a stock like Transcorp should have fallen to about NGN0.90 by now.

Yesterday among the equities bought by MSCI are MTN, Transcorp, ETI etc. On the selling list Nestle, Dangcem etc.

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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STOCK MARKET GUIDE FOR 27 AUGUST 2019

MSCI is now on buy and sell side, among shares bought were Transcorp, MTN Nigeria (new entrant), Fidelity Bank, Dangote Sugar etc. On the sale side were Nestle and Dangcem.

Therefore, if we see Nestle/dangcem losing some grounds we should not be surprised and for a stock like MTN, we are likely to see better movement in price. This is a season of buying at the lowest support possible. Good news still scarce 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