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Question:
Olusola Okebiorun asked:
Is it good to take position in Ucap after tomorrow (March 22, 2017), if so at what price?
Mr Olusola, depending on your investment goal which is very important when buying into any stock. Ucap fundamentally is okay to buy at any price below N3 per share, but for short-term trading, any price at the strong support level of N2.21 is good. But you can equally buy in stages from N2.34 to avoid losing out on a rebound in expectation of its Q1 result in April.
MR. OMORDION AMBROSE INVESTDATA LIMITED CHIEF OPERATING OFFICER TEL:01-4724645,08028164085,07028061501