It is the dawn of another earnings reporting season and indeed, dividend payment season for the bulk of companies listed on the Nigerian Stock Exchange (NSE), which is presently volatile with share prices going into correction mode after a rally that saw most stocks trade at new 52-week highs to create buying opportunity for discerning market players.
As part of efforts to guide investors on where to look for juicy returns this season and beyond, Investdata Consulting Limited will on February 24, 2018, at Ostra Hall and Hotels, Ikeja, Lagos, hold another edition of its regular workshops with the theme: “ABC of Technical Analysis for the Novices and Advance Traders,” where experts will simplify market jargons, thereby enhancing understanding among retail investors and others.
This edition is a follow-up to the previous one on December 9, 2017 where as usual, the following 16 stocks were recommended to participants:
- African Prudential Plc
- Dangote Flour Mills Plc
- Dangote Sugar Refinery Plc
- Fidson Healthcare Plc
- Fidelity Bank Plc
- FBN Holdings Plc
- Eterna Plc
- Access Bank Plc
- Dangote Cement Plc
- Flour Mills of Nigeria Plc
- Honeywell Flour Mills Plc
- Presco Plc
- Okomu Oil Palm Plc
- Total Nigeria Plc
- Unilever Nigeria Plc
- Zenith Bank Plc
The table above shows the performance of the stocks year-to-date, including their highs, before the recent profit taking that led to price adjustments, with Dangote Flour recording 42.11% Return on Investment (RoI), closing at N16.20 per share, from an opening price for the year of N11.40 each. Year-to-Date, it peaked at N17.81 each, representing an RoI of 56.22%.
FBNH has returned 36.36% as at Friday, February 16 when it closed at N12.30 per share, from N9.02, after adjusting from its peak of N15.16 or 68.07% RoI; just as Fidelity Bank returned 28.51%, after peaking at N4.33, representing 73.89% for those who exited at that price also. Honeywell Flour Mills returned 30.34% YTD, after hitting a high of N3.69 per share or 67.72% within the period.
It was not all superlative performance, as Flour Mills went 7.14% red; followed by Okomu Oil Palm’s 4%; while Presco remained flat at 1.01% RoI.
The Practical ABC of Technical Analysis conference, you would learn how to trade such that you become one of the lucky 10%, who manage to consistently play the market profitable on their own, guided by our SIMPLE trading strategies and buy & sell signal setup.
At investdata we have been teaching investors simple and proven strategies which when implemented makes you a successful trader and investor in any market situation, especially when it comes to equipping you well enough to know how to protect their portfolios and profit from market corrections in a recovering economy.
We have also, over time, focused attention on attuning the mindset of investors and traders to managing risk, while eliminating emotions when trading so as to avoid irrational investment decisions.
Attend the Practical Conference on Technical Analysis for the Novices and Advance Traders. We would be taking participants through:
• Understanding the momentum behind current equity movement and when to exit using SIMPLE Technical Indicators and Tools to avoid losing capital and profit.
• Our team of experts and time-tested resource persons will show you how you too can successfully and confidently trade and invest in stocks profitably on your own from your phone, laptop and/or desktop computer.
• Know what the smart money are doing
• Know what they are buying
• How you should buy what they are buying.
The workshop is scheduled as follows:
DATE: February 24. 2018
TIME: 10am – 3.00pm
VENUE: Ostra Hall & Hotel, Behind MKO Abiola Gardens, Opposite NNPC Gas Plant, CBD, Alausa, Ikeja. Lagos.
This chart summit is designed specifically for those who:
• Jump out of profit position in fear.
• Are plagued by indecision when pulling the trigger for fear of a loss.
• Hold on to loss positions for fear of sustaining real loss.
• Often engage in unplanned trades.
• Invest small amounts, still reeling from a huge loss.
• Take bigger bets to make up for past losses.
This practical workshop, which would be followed by another one on March 17, 2018 in Port Harcourt, Rivers State, is for novice traders, investors, professionals and fund managers who want to overcome fear and improve their trading performance. The workshop is basically on technical analysis and practical charting teaching on evidence-based techniques that are working in today’s market. Also the power of focused trading and investing strategies that will help participants build mental skills to overcome their fears and trade profitably, while protecting their capital.
There will be sale of home study packs on stock trading and investing at the end of the conference; as well as those on Fundamental and Technical Analysis , including videos that can be viewed on phones, laptops and television sets at 20% discount for participants. You need to prepare yourself and profit from the market and the recovering economy to truly achieve financial independence and freedom in 2018. Also come with your laptop.
For more enquiries about the programme, please call 08032055467, 08179547605, and 08111811223.