Category

Research

Best Stock trading tips for investing in Nigeria by Warren Buffet

By | Ask Shade, Investment 101, Research | No Comments

(This article is based on Warren Buffett’s annual investment letters to his shareholders ) Who is Warren Buffet? Most investors know who Warren Buffet is, but for the benefit of those who don’t, here is a short bio of him: Warren Buffett is currently the 4th richest person in the world according to 2020 Forbes ranking. He is widely regarded as one of the most successful investors of all time. He is the CEO of Berkshire Hathaway, a company that oversees more than 60 companies, including insurer Geico, battery maker Duracell and restaurant chain Dairy Queen. Aside from being an…

Read More

Nigeria Strategy Report (H2 2020 Excerpts) – Crude Oil – Cast in COVID-19 Shadows

By | Ask Shade, Research | No Comments

In what would seem like ages ago, we had started the year with some optimism for oil markets, following the resolution of the 2-year US-China trade war, with an oil price forecast of $63/bbl. for FY 2020. However, in an unprecedented move, global economic activities were grounded to a halt and country borders were shut; all due to the outbreak of the coronavirus. However, prior to the full-scale impact of the pandemic, a rift between the OPEC+ de facto leaders – Saudi Arabia and Russia – caused a price war wherein the leading suppliers ramped up production in a bid…

Read More

4 Reasons you should diversify your Investment portfolio

By | Ask Shade, Investment 101, Research | No Comments

As an expert stock trader or a beginner, one thing, you are constantly weary of is risk. The popular phrase -the higher the risks, the bigger the reward, has started to loose relevance, as day after day we realize that smart risks often present the best rewards, as they shield you from losses and unforeseen events. One way to take smart risks is by diversifying your portfolio. Simply put, DO NOT PUT ALL YOUR EGGS IN ONE BASKET. In this article, we have analysed 4 reasons you should always diversify: YOU OWN THE ADVANTAGE IN DIFFERENT MARKETS. Diversification allows you…

Read More

ARM Securities NUBAN Account Numbers FAQs

By | Ask Shade, Research | No Comments

What is the ARMS NUBAN Account Numbers? This is a new payment solution available for clients to make payments to their ARM Securities investment accounts via bank transfers, internet banking, USSD and any other funds transfer channels using a unique bank account number. How does it work? A unique NUBAN account number is generated and linked to your stocktrade account. This ensures that once payment is completed using the unique NUBAN account number, the funds are automatically credited to your cash account. Can I use my account number for other payment services? No, you can’t. The NUBAN account number can…

Read More

How Offshore Stocks Are Doing

By | Ask Shade, Investment 101, Research | No Comments

We hope you are keeping safe during this pandemic and observing all the safety procedures listed by the World Health Organization (WHO) and various public health authorities. The coronavirus pandemic is taking a toll on the global economy and stock markets. While most companies’ shares are experiencing a dip, there are a handful of resilient stocks that are navigating this turbulent period better than others. here As an investor, we hope you will take advantage of investing in these stocks. We also want to draw your attention to diversifying your portfolio by investing in offshore stocks. Here are some interesting…

Read More

January Inflation: CPI maintained upward trajectory

By | Ask Shade, Research | No Comments

As anticipated, inflation for the month of January ascended by 15bps to 12.13% YoY (vs December: 11.98% YoY) and 4bps shy of our estimate of 12.09% YoY. In our monthly economic update, we highlighted that the low base from food prices would send inflation on an upward trajectory. Unsurprisingly, food inflation rose 18bps to 14.85% YoY, accounting for bulk of the uptick in headline inflation, while core inflation moderately expanded by 3bps to 9.35% YoY. On the former, the pickup was anchored by 29bps and 6bps increase in farm produce and imported food to 15.35% YoY and 16.10% YoY respectively….

Read More

Stock Recommendation for the Week, February 17

By | Ask Shade, Research | No Comments

The Nigerian equities market maintained a downward trend with the ASI, dropping by 1.11% to 27,755.9 pts, with the market capitalization closing at N14.46 trillion as investors lost N162 billion during the prior week. All sectors closed negative WoW except Cement (+0.37%) and Construction (+0.13%). The deterioration was driven by the Food (-7.27%), Brewers (-2.02%), Oil & Gas (-1.34%), Insurance (-0.94%), Telecoms (-0.53%) and Banking (-0.21%) sectors. The key losers are NESTLE (-10.00%), DANGSUGA (-4.10%), GUINNESS (-16.56%) and MTNN (-0.85%), while GTB (+1.36%), BUA CEMENT (+1.13%) and WAPCO (+1.31%) yielded positive returns. • Dangcem– STRONG BUY (FVE: N240.87): DANGCEM’s FY…

Read More

Stock Recommendation for the Week, February 10

By | Ask Shade, Research | No Comments

Last week, the Nigerian bourse witnessed a steep decline as the ASI closed -2.69% WoW, while market capitalization lost N239 billion to close at N14.62 trillion. All sectors closed in red, save the insurance sector (+0.15%). The decline was anchored by the Breweries (-5.62%), Cement (-4.94%), Banking (-2.26%), Oil & Gas (-5.74%), and Telecom (-1.48%) sectors. On stock performance, FBNH (-8.40%), ZENITH (-5.04%), NB (-6.36%), INTBREW (-5.56%), DANGCEM (-5.50%), BUACEMENT (-4.32%) and MTNN (-2.17%) yielded negative returns amongst other stocks. • Dangcem– STRONG BUY (FVE: N240.87): DANGCEM’s FY 19 earnings is expected to be pressured (EPS: N14, vs N22 in…

Read More

Stock Recommendation for the Week, February 03

By | Ask Shade, Research | No Comments

For the first time this year, the equity market closed the prior week on a negative note with the NSE ASI declining by 2.65% to 28,843.53 index points. Loses were observed in the Banking (-6.13%), Cement (-0.90%), Telecom (-2.96%), Personal Care (-13.72%), Food (-0.50%), Oil & Gas (-2.58), and Real Estate (-0.14%) sectors. On the other hand, gains were seen across only the Brewers (4.89%), Construction (2.64%) and Insurance (0.54%) sectors. Major drivers for the week decline were stocks such as; FBNH (-10.27% WoW), STANBIC (-10% WoW), BUACEMENT (-2.12% WoW) and MTNN (-4.32% WoW). • Dangcem– STRONG BUY (FVE: N240.87):…

Read More

Stock Recommendation for the Week, January 13

By | Ask Shade, Research | No Comments

The bullish sentiments continued last week as the NSE ASI gained 9.07% WoW to close at 29,415.39pts while market capitalization advanced significantly by N2.2 trillion. The boost in market capitalization was largely fuelled by the listing of BUA Cement Plc on the NSE. Precisely, it listed 33.86 billion ordinary shares at N35 per share, making it the third largest company on the bourse. On sectoral performance, gains were seen across Cement (+20.59%), Banking (+8.58%), Telecom (+4.37%), Food (+1.59%) and insurance (+0.47%) transcending losses in the Brewers (-0.17%), Personal care (-5.21%) and Oil & Gas (-0.44%) segments. A further probe revealed…

Read More