₦airaland Forum

NIGERIA STOCK MARKET GENERAL COMMENT/EXPECTED HIGH AND LOW TRADING RANGE FOR 22 NOVEMBER 2018

For Thursday 22 November 2018 expected High is 32,228.63 low at 31,839.63

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis”.

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.

NIGERIA STOCK MARKET GENERAL COMMENT/MSCI NIGERIA PORTFOLIO MOVEMENT - AS AT 21 NOVEMBER 2018

MSCI portfolio is on long tern holiday. There has been no movement on the portfolio since 2nd October 2018.

Our main business for today is how to quantify opportunities in the market using best indicators available and keeping it simple as much as possible. I respect Jim Dalton (market profile indicator) so much when he confirmed that the retail investor are the losers in the market and will continue to be losers for the fact that many of them don't have the expertise to make it in the market. The market is so much tilted against them that before they even drop any money in the market their probability of making any gain is about 30% only (do you now see why you are losing money). One of the reason is that the retail investors has failed to master what is essential for winning in the market, we like sweet stories (did I hear Fugger, Buffet, Value investing, News etc!!! continue).

An essential element of what we need knowing is how to quantify our tools for the market and be totally methodical in our approach. We run away from this, as it is too much work. The holidays afforded me the opportunity to do what I have not been able to do for decades, scanned all the major stocks in the market [/b]to see those worth looking at and then quantify my result. To my surprise I was only able to come out with few equities, for this week that I can see good opportunities in “May and Baker, Fidelity and Nacho”. One of these days I may show our worksheet for this type of scan.

[b]For Wednesday 21 October 2018 expected High is 32,290.59 low at 32,090.03

I am still relaxing with my Nahco trade, loss position as at Monday was 5.2%.

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).

N:B


1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.

NIGERIA STOCK MARKET GENERAL COMMENT EXPECTED HIGH AND LOW TRADING RANGE FOR 21 NOVEMBER 2018

Week started on very good note with the All Share Index closing in the positive with 27 gainers and 5 lossers, very good day indeed.

For Wednesday 21 October 2018 expected High is 32,290.59 low at 32,090.03

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis”.

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).
N:B


1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.

MSCI NIGERIA’S PORTFOLI HAS BEEN STATIC SINCE 2 OCTOBER 2018- COMPARE NAIRALAND POSTIING WITH THE CURRENT POSTION FROM MORNING STAR TO CONFIRM. X RAY ON FUNDS/INSTITUTIONAL HOLDING FOR FCMB AND DIAMOND

Monitoring what the big funds are doing is providing me some information to know how market is likely to behave to ensure I do not fall into a big hole. Although getting this information may sometimes be difficult with some websites providing conflicting information. Sticking to a good website like morning star, market screeners or the website of the particular shareholder may be more helpful.

Why is this coming up? I want to see what is happening to Diamond and some other shares I am commenting on. To my surprise, there seems no information from the website I trust so much on Diamond Bank, I am sorry for mentioning the websites but the authenticity of my information is more important to me (I prefer websites like Bloomberg, marketscreener, etfb, morning star etc. where there is conflict I will chose Morningstar/Bloomberg over the others).

Putting one plus one together I can see that some Institutions have exited FCMB, likely for the political situation in Nigeria and now some shares seems to be warehoused with Link Market Services before other buyers pick them up. There seems to be no cause for alarm here, just normal business transaction (add information on shareholders from marketscreener.com to that of morning star.com).

For Diamond, I am not sure what the foreign funds are doing, especially Carlyle? This is a food for thought!!! The oracles have spoken; it is now left f[b]or the chicken to hear the warning or to ignore it.

For today expected High is 32,187.88 low at 31,891.56
[/b]
Thank God for another week, I have set my trap again to buy my balance of Nacho at a very low price just like the other players in the field (trust me, I have to pause this write-up and place my order).

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis”.

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).
N:B


1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.

MSCI NIGERIA
I confirm that there has been no movement since the last one I reported in the forum. see this again-

https://www.globalxfunds.com/funds/nge/
[url]
https://portfolios.morningstar.com/fund/holdings?t=ARCX:NGE&region=usa&culture=en-US&cur=[/url]

Michael11stock:
Yok you no longer show us the graph that shows what they are buying and selling

Hi All,

I cannot do without checking the position of MSCI Nigeria everyday. That is why I always include the link from morning star for us to confirm.

I believe the position has not changed substancially.

Thanks God that these data is available for viewers all over the world. The figures can be relied upon, only allowing for the little ambit that they are allowed legally to keep the action from the view of the general public just for some few days if need be.

Thanks.

NIGERIA STOCK MARKET GENERAL COMMENT/MSCI NIGERIA PORTFOLIO MOVEMENT FOR 19 NOVEMBER 2018

The All Share Index closed negative for the week, opened the week at 32,200.21 and closed at the 32, 058.28 level. Diamond bank news marred the week. Next week will likely open on a low volume tempo as the market waits for the MPC report in the earlier part of the week.

For Monday 19 November 2018 expected High is 32,187.88 low at 31,891.56

Still planning for necessary maneuver to avoid losing further funds in the market using my r[b]ecent purchase of Nahco[/b]. Loss on the trade as at close of the week is 6% (I am still in the trade as my stop loss is still some distance away).

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis”.

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).
N:B


1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.

NIGERIA STOCK MARKET GENERAL COMMENT/MSCI NIGERIA PORTFOLIO MOVEMENT - AS AT 16 NOVEMBER 2018

The market is entering a phase where the buyers seem to get very thin. Now there will be extra caution till the middle of next week. This a period when heavy period may not be ruled out in one of the trading days.

For today expected High is 32,035.02 low at 31,177.18. From today this levels will now be posted after closing of the market each day, to be used for the next trading date.

Market makers likely to take over the affairs of some equities. This is the reason we sometimes see unreasonable quotes on the trading platform, but for which will never get filled. I saw NAHCO at 3.37 yesterday at one point in time and not to be beaten, I too joined the queue at 3.35 [/b]in case there will be a bonanza that will hit my price, but at the end of the trading day the low prices never materialise. This is telling us that sometimes we can be tricked by the market to take a wrong decision, we need to konw what we are doing. Why did SKYE bank rose in price few days to being taking off the exchange price list?

I will be posting[b] how I will manage my Nahco trade to show my exit (I have already given my profit target). This will be in this forum or our twitter handle, time will be around 4 to 6pm.

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis”.

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).
N:B


1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.

NIGERIA STOCK MARKET GENERAL COMMENT/MSCI NIGERIA PORTFOLIO MOVEMENT - AS AT 15 NOVEMBER 2018

MSCI Nigeria as at yesterday is still keeping a clean slate. However, the decision to exclude Lafarge is to be noted. For FBNH it was in the holding before. The effect of this is that we may see more quantities of WAPCO for disposal in the market.

Confirm current holding as at yesterday http://portfolios.morningstar.com/fund/holdings?t=NGE

For today expected High is 32,182.92 low at 32,092.91

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis”.

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).
N:B


1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified

Prospectus for SAHCOL IPO.
[url]
https://trwstockbrokers.files./2018/11/proposed_sahco_ipo_fullprospectus_printversion.pdf[/url]

NIGERIA STOCK MARKET GENERAL COMMENT/MSCI NIGERIA PORTFOLIO MOVEMENT - AS AT 14 NOVEMBER 2018

For today expected High is 32,336.61 low at 32,035.49

As to my observation on the support level for Diamond, the level around NGN0.71 looks more like the next target. However, we need to see the price action as the price gets to this level to know whether it will hold or not.[b] Ordinarily this type of equity should be avoided[/b]in view of the recent negative news.

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis”.

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).
N:B


1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.

NIGERIA STOCK MARKET GENERAL COMMENT/MSCI NIGERIA PORTFOLIO MOVEMENT - AS AT 13 NOVEMBER 2018

MSCI Nigeria portfolio, no movement. I am sure that Nigeria equities will be tactically avoided for now due to the uncertainty in the market (diamond bank, politics etc).

For today expected High is 32,200.37 low at 32,104.80

Market still saying “stay out for now danger in the market”. I cannot fight the market. Still at the sideline, but continue to fine tune my strategies.

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis”.

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).
N:B


1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.

NIGERIA STOCK MARKET GENERAL COMMENT/MSCI NIGERIA PORTFOLIO MOVEMENT - AS AT 12 NOVEMBER 2018

MSCI Nigeria portfolio, still dormant as at 9 November 2018. I want to say the source of this data is a site we can trust - [url]http://portfolios.morningstar.com/fund/holdings?t=NGE
[/url]
For now the market seems to be in balance with the present price level close to a support level.

For today expected High is 32,260.23 low at 32,133.39

Going back to my safe mode, as market is presently not that attractive.

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis”.

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).
N:B


1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.

NIGERIA STOCK MARKET GENERAL COMMENT/MSCI NIGERIA PORTFOLIO MOVEMENT - AS AT 8 NOVEMBER 2018

Market can be scary, especially at a time like this. One of the protections one can have is to be sure of your system and not worry much about what the outcome of any purchase will be. The comment is related to my coming back to the market by buying Nahco at NGN3.62 two days ago, yesterday within the trading day, I saw the price at NGN3.60 before finally closing at NGN3.63 at the end of the trading day. The only matter that made me to ignore the testing of the lower prices was the fact that, I went back to my back up calculations which confirmed my purchase price as a good one, and a reminder that the price might even hit NGN3.43 on a worst case scenario at which point I may start to consider my stop loss.

Conclusion from the above is that, we have to trust our system. I Have made up my mind not to look for any new system again (I may just read something new for reading purpose, and try to see how I can gain something similar from the various systems I am already used to, which has worked for me in the past and will continue to work even in the future).

For today expected High is 32,282.36 low at 32,139.02

MSCI Nigeria portfolio is still dormant as at this morning.

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis” and also look forward to our book that will give a simple equation for interpreting the income statements know what you can investing in by just looking without any complex/time wasting calculation, you are done within 3 minutes of looking at any Income statement.

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). Don't invest money you cannot afford to lose.
N:B


1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.

NIGERIA STOCK MARKET GENERAL COMMENT/MSCI NIGERIA PORTFOLIO MOVEMENT - AS AT 7 NOVEMBER 2018

For 7th November 2018 the All share Index closed on a weak bearish mode. Seem bear is tired of being in control of the market for the present moment. We cross our hand to see what market has to offer today.

After backing out of the market for so long, I decided to test the market with a small unit of Nahco shares. I expect this to be a short time play.

For today expected High is 32,189,92 low at 32054.97.

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis” and also look forward to our book that will give a simple equation for interpreting the income statements know what you can investing in by just looking without any complex/time wasting calculation, you are done within 3 minutes of looking at any Income statement.

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). Don't invest money you cannot afford to lose.
N:B


1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.

NIGERIA STOCK MARKET GENERAL COMMENT/MSCI NIGERIA PORTFOLIO MOVEMENT - AS AT 6 NOVEMBER 2018

Yesterday was a good day. The quality of gainers was quite high.

One of the equities on my watch list is set to make some very fast gains (have secure full admission into the bullish University), there is letter A in the name of this stock). This can be compared with FCMB which in my opinion have just scored a good cut off mark in Jamb to qualify for post UTME (these are Nigeria terms for University Admission). Post UME cut off is around 1.68, if price hit this level, then the stock has qualified for matriculation into the Bulls University. For FCMB first test score after matriculation should be around NGN1.88.

Around 12.00pm the equity that was admitted on merit will be shown in our twitter handle (you should note that each stock has got different cut off mark, every equity is like a department on its own to avoid confusion.

For today expected High is 32,260.91 low at 31,998.24. As previously pointed out, these are estimates to gauge the strength of the daily closing figures. Therefore, are not expected to be actual closing figures.

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis” and also look forward to our book that will give a simple equation for interpreting the income statements know what you can investing in by just looking without any complex/time wasting calculation, you are done within 3 minutes of looking at any Income statement.

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). Don't invest money yo cannot afford to lose.

N:B - [b]We have not forgotten monitoring MSCI Nigeria.[/b]If there is any new development, we would be notified.

NIGERIA STOCK MARKET GENERAL COMMENT/MSCI NIGERIA PORTFOLIO MOVEMENT - AS AT 5 NOVEMBER 2018

The week started on a losing mode.

For today expected High is 32,142.77 and low at 31,993.75

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis” and also look forward to our book that will give a simple equation for interpreting the income statements know what you can investing in by just looking without any complex/time wasting calculation, you are done within 3 minutes of looking at any Income statement.

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).
N:B


1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.

NIGERIA STOCK MARKET GENERAL COMMENT/MSCI NIGERIA PORTFOLIO MOVEMENT - AS AT 2 NOVEMBER 2018

Still no action from the MSCI Nigeria side.

Last week was a difficult one the all share index decreased from 32907.33 to 32,124.94; market depth was also negative with 50 losers and 18 gainers.

For today expected High is 32,215.03 low at 32,020.75

This week is likely to be another difficult one with the Government and the Labour Unions flexing muscles in the fight for supremacy. We should be in no hurry to buy, by the end of the week we are likely to see more bonanza in some equities.

Time to play on the safe side of the market; slow down no need to hurry.

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis” and also look forward to our book that will give a simple equation for interpreting the income statements know what you can investing in by just looking without any complex/time wasting calculation, you are done within 3 minutes of looking at any Income statement.

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).

N:B


1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.

NIGERIA STOCK MARKET GENERAL COMMENT- SOME EQUITIES SHOULD CARRY THE SIGN “BUYER ARE LIKELY TO DIE YOUNG”

For today I want to dwell on the above. I wonder with our knowledge of Fundamental and Technical analysis, we are still putting our money in investments that will likely kill us financially. What I see is that we have disregard simple things, we want to do complex calculations (free cashflow per share, Elliot wave count etc). When the investment itself is a bad one.

Looking at the financial for Unity bank below, what do you want to gain as an investor, can this company ever pay dividend or are we just relying on the greater fools theory (that when we buy something, even if it is a senseless purchase another greater fool will pay a higher price to bail us out), we all have to forgive ourselves as we have been fools at one point in time or the other. But thank god that the fools are reducing due to people who can explain complex things in simple terms and we having the humility to align with the simple solution.

Using jus the B-A3>0, I have been able to ignore so many seemingly good companies but which in the real sense are nor worth investing in, except I am prepared to lose my money (can you believe me that when I look at our Fidelity Bank result, it was just above to meet the above equation be whiskers, therefore, I believe the bank is on the way to becoming a blue chip but is not there yet there (therefore, I may not rush in investing in the bank, even if majority are shouting Buy, Buy or if it is a stock like Neimeth, Livestock Feeds etc is it BYE, BYE to my money? I feel like putting that RONALDO THE FOOTBALLER picture asking us all “why Now”, that picture we use to see him like shouting at the refree (we are that assume that we are the Referee).

See the basic 1 investment education class equation below. I am sure we can solve the equation ourselves, or even as our children to review company results and tell us companies worth investing in. Look forward to more simple equations like this.

For today expected High is 32,320.88 low at 31,320.54

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis” and also look forward to our book that will give a simple equation for interpreting the income statements know what you can investing in by just looking without any complex/time wasting calculation, you are done within 3 minutes of looking at any Income statement.

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).
N:B


1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.

MSCI PORTFOLIO MOVEMENT- AS AT 31 OCTOBER 2018/GENERAL COMMENT

With the state of the market at the moment, you cannot fault MSCI Nigeria being out of the market. Yesterday we all deserted the forum too. This is reasonable considering the state of the market.

For today expected High is 32,988.11 low at 32172.05.

We should not be in a hurry to buy into the market. Any purchase should only be in the best of the best equities. Our B- A x 3 > 0 is keeping me out of the weak stocks and I am extremely happy for this. If you don’t know what the above equation is, just see the tweeter hand Target Technical Analysis.

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).

N:B

1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock markt crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts, you will see the various sources where the data can be verified.

Forte Oil Result 3rd Qtr

http://www.nse.com.ng/Financial_NewsDocs/24337_FORTE_OIL_PLC._FINANCIAL_STATEMENTS_OCTOBER_2018.pdf

NIGERIA STOCK MARKET GENERAL COMMENT/MSCI NIGERIA PORTFOLIO MOVEMENT - AS AT 30 OCTOBER 2018

MSCI Nigeria portfolio, still inactive as at 30 October 2018.

For today expected High is 33,553.96 low at 32,804.96. Purpose of these levels is just to gauge the daily trend of the closing prices. It does not mean the closing prices have to close at these prices precisely.

With the quarterly results now getting exhausted, the market is likely to return the pre-earnings release trend.

However, it is now time to reposition ourselves against the year end. There is still the possibility of making quick gains in this market. We are not to be in a hurry. Now our attention will be in those equities that will deliver by year end. With the 3rd quarter results we should be able to gauge this and exclude some equities from our portfolio for the time being. Don’t buy just because price is low, let there be some fundamentals behind our stock picks.

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis”.

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).
N:B


1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.

MSCI PORTFOLIO MOVEMENT- AS AT 29 OCTOBER 2018/GENERAL COMMENT

Market still dull.

Market at a very important level. If the index fails to close beyond the yesterday’s level of 33,196.07. The level may likely become a strong supply level in the future.

Once the effect of the 3rd quarter results starts dying down, we hope there will be more volume in the market to let the market stabilize (no big rise is expected for now). If the downtrend resumes, the 27,000 level is where there is likely to be substantial demand in the market again.

Therefore, we should not be in a hurry to buy into the market. Any purchase should only be in the best of the best equities. Our[b] B- A x 3 > 0 is keeping me out of the weak stocks and I am extremely happy for this. If you don’t know what the above equation is, just see the twitter hand Target Technical Analysis.

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).

N:B

1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts, you will see the various sources where the data can be verified.

NIGERIA STOCK MARKET GENERAL COMMENT/MSCI NIGERIA PORTFOLIO MOVEMENT - AS AT 29 OCTOBER 2018

MSCI Nigeria portfolio, still dormant.

For today expected High is 33,100.81 low at 32,520.38

Closest supply demand points using the chart are: Supply point- 33,440.63 , Demand Point: 32,461.24

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis”.

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).
N:B


1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.

NIGERIA STOCK MARKET GENERAL COMMENT/MSCI NIGERIA PORTFOLIO MOVEMENT - AS AT 25 OCTOBER 2018

MSCI Nigeria portfolio, still no action.

The heavy volume in the major bank stocks may not end in time if the foreign investors are trying to get out. Some of them are quite heavy in some equities. Example is FCMB, the foreign holdings as at 30 Sept 2018 is as shown below (the holdings are updated once every month in most websites, except for on the actual website of the find/institution) see: http://investors.morningstar.com/ownership/shareholders-major.html?t=FCMB&region=nga&culture=en-US&ownerCountry=USA

There is the probability that the market makers will have to find a way of handling these heavy volumes in such a way that it will not depress the prices too quick. This will be equally applicable to other equities with substantial foreign interest. Implication of this is “let us lower down our expectation of high prices within this period” we cannot fight the tide of the market.

The punch from the bulls yesterday was feeble as usual. Let us what the bears will reply with. For today expected High is 32,611.47 low at 32,438.03

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis”.

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).
N:B


1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.

Michael11stock:
Not going ooo yok

okay. This is it now:

https://twitter.com/AnalysisTarget/status/1055099383543463936

swilo:
Hi Yok, url link aint working.. resend pls.

Sorry- use this link Press
[url]
http:///2EK14pu[/url]

NIGERIA STOCK MARKET GENERAL COMMENT/MSCI NIGERIA PORTFOLIO MOVEMENT - AS AT 24 OCTOBER 2018

MSCI Nigeria portfolio still dormant.

It was a case of the bears stepping on the tail of the bear yesterday and the bear roared loud. No cause for alarm yet, market still stable due to the earning season. We have to be very picky in our choice of stocks. This market has sent some sense to some of us. It is like a positive anointing to now take our stock investment more serious.

On my secret you can access it here (http:///2OMj3A5). I have started using this immediately; you too can start using it to sieve away bad investments from your stock picks. If you have any question or need further explanation let me know.

The effect is to remove some equities out rightly from those ones I will like to look at. I will ignore any temptation/recommendation [/b]to put my money in such equities. For those of us that still have bad investments in our portfolio, I know that I have to sell them at the right time, but if right time seem too late in coming; look out for further deterioration which may hasten my selling decision.

For today [b]expected High is 32,935.43 low at 32,137.69 . probability of index going down is higher!!!

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis”.

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).

N:B


1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.

NIGERIA STOCK MARKET GENERAL COMMENT/MSCI NIGERIA PORTFOLIO MOVEMENT - AS AT 23 OCTOBER 2018

MSCI Nigeria still in deep sleep.

Index closed positively on 23 October 2018. Price initially exceeded the upper supply point and then backed off. This is like a warning that the bears are not asleep yet. Let us see what happens today. This supply demand looks simple, but is very reliable.

For today expected High is 33,319.36 low at 33013.18.

I will give[b] one secret that will ensure that we do not commit stock market suicide[/b]. This is a practical experience based on the number of bullets I have escaped in the market. I have bought many equities and then sold just before the companies went bad, John Holt, RT Briscoe, NIYAMCO etc.

This will be in my next post and as usual I will make it very simple to understand so that it will be easy to remember as we will need need throughout out stock investing journey.

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis”.

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).
N:B


1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.

NIGERIA STOCK MARKET GENERAL COMMENT/MSCI NIGERIA PORTFOLIO MOVEMENT - AS AT 22 OCTOBER 2018

MSCI Nigeria still in deep sleep.

Yesterday’s close was at about our projected high. Market depth not bullish yet. However, the quality of gainers is good, mostly blue chip companies and volume traded is fair. This is telling us that the earning season is creating support in the market against steep fall in prices.

Big rise in price may be hindered by the immediate supply level at 33,083.67 [/b]and [b]another one at 33,209.23. The summary of what the market is telling us is that we have to be very selective, and reduce our exposure to the market, if we use to invest NGN50,000 before in the stock market we reduce it to NGN30,000.00 you cannot be aggressive when the market is not prepare to move.

For today expected High is 33,019.27 low at 32874.03.

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis”.

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).
N:B



1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.

NIGERIA STOCK MARKET GENERAL COMMENT/MSCI NIGERIA PORTFOLIO MOVEMENT - AS AT 19 OCTOBER 2018

MSCI Nigeria still in the cooler. The portfolio not likely to experience any addition soon, selling resuming is highly probable.

For now, there seems to be dark cloud in the market[b] (this is not “Ichimoku”, it is a fundamental cloud). Now I believe further fall in prices making some equities extremely cheap cannot be ruled out.[/b]

For today expected High is 32,946.34 low at 32688.17.

I am keeping my cash, if we see any good 3rd quarter result, the best we can do is just to take note of it, positive reaction by the market likely to be minimal. This bear season seems to have built a wall of Jericho around itself.

In view of the fact that some additional information on our postings will now be added, you can check our twitter handle “Target Technical Analysis”.

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).

N:B


1. Due to the fact so many new people are coming to this forum and may not know this use of following the “big monies that move markets”, I will be indicating why/how to use the information. This will be a permanent future of my post to reduce some comments which may prevent the people that understand the system from confusion by people who have not followed how this started. My comment for today for anybody who doubts the efficacy of following the fund is to look at my recent recommendations for the past 2 months.

2. The fund will still hold some equity, the terms of service states this. Thus no matter the condition of the market, it will not liquidate to Zero. This is an equity fund investing in the Nigeria market.

3. You cannot bear losses like the fund. The pocket of the fund is too deep. Therefore, as an individual you are not suppose to be in the market during the stock market crash. Before or during the crash, reduce your holding.

4. If you are seeing this type of data on MSCI for the first time. You may need to verify the figures. Go to my previous posts (https://www.nairaland.com/yok/posts), you will see the various sources where the data can be verified.