There is an urgent need to fill a position of Internal Auditor in a fast growing company located in Lagos The position is for a chartered accountant with internal audit experience of not less than 3 years in a trading company. Salary for this position is #2,400,000 per annum. Interested PCs who meet above requirements should forward cv to tundebonus@yahoo latest by close of work tomorrow 10/7/14.. Ajewole Babatunde aca 17438 Sent from my BlackBerry wireless device from MTN From: kelani Yusuf kelanihyramotors@yahoo [ICAN-NG] Sender: ICAN-NG@yahoogroups Date: Wed, 9 Jul 2014 13:51:52 -0700 To: Ican Group ReplyTo: ICAN-NG@yahoogroups Subject: [ICAN-NG] NIGERIAN WEEKLY MARKET REPORT FOR 4 JULY 2014/ANALYSIS [1 Attachment] Dear Sirs, MARKET SUMMARY FOR THE WEEK ENDED 20 JUNE 2014 The All Share Index gained 2% to close at 43,031.81 for the week. This is a renewed optimism for the market. The possibility of the market improving further as the 2nd quarter results for companies with 31 December year end are released towards the end of July 2014. Major gainers for the week were led by Custodian and Allied, Transcorp and 7up; further details on gainers, results and other important information are as contained in the attached weekly report from the Nigeria stock exchange. The market still seems dull, although some equities have chalked up some substantial gains, but there seems to be a temporary slow down. At this stage what is needed is a major catalyst to move the market forward. For many of us who have positioned ourselves in some good stocks (Conoil/Transcorp for my followers), especially in stockmarketNigeria blog. We have made some gains, if we have entered at the right price. I bought most of my Transcorp around 4.45 and Conoil at about NGN52.00 we don’t need to panic, these stocks cannot fall drastically except their next quarterly result is negative. Let us see what the next quarterly result will show. If it is positive, then we are waiting to smile to our bank, if not: we can take our little gain and get out of the stock. For me, I am just waiting and keeping my stop loss very tight on Oando, once it falls below NGN24, I am getting out. I will not allow my little gain to turn into a loss. VAR ANALYSIS- VALUE AT RISK ANALYSIS This is to measure the temperature of the market. For the current period we can say that the temperature of the market is fair. The uptrend is back and the hope of hitting the 48,000 mark for the All Share Index seems quite possible. The VaR chart for the week is shown below: SOME FUNDAMENTAL DATA For subscribers only TECHNICAL CHART/QUARTERLY FINANCIAL FOR STOCK IN VIEW- PZ INDUSTRIES PLC For subscribers only IMPORTANT INVESTMENT LESSON- HOW NOT TO RUINE OUR INVESTMENTS For subscribers only STOCKS GOOD FOR SELLING For subscribers only Thanks. Yusuf Kelani MB008825 Caution: Investing is a risky venture. This is just my opinion and I cannot be liable for any loss suffered as a result of following this recommendation All data used are assumed to be correct, but you may need to verify some of the figures independently. If you are interested in subscribing to our newsletter, you can send a request to 2002yok@gmail. This newsletter will give you automatic buy/sell signals. Our analysis are improving all the time, with a newsletter like this, you are likely to avoid significant loses that will make life miserable or hunt you for a long time as experienced in the 2007 market meltdown. Explanation of Terms: Support: Price at which on can start thinking of buying, if price stays above the support level. This is like saying get set to buy. It is a forecast buying Zone. If price is below support, this is a likely selling point. Resistance/Target Price: Price at which you should think of selling/taking some profit or exercise caution in buying at this price. Resistance can easily become a support point once price refuse to fall below this point. Example was Nestle at NGN1,000 per share. Initially, the price seems high but for some months the price of the stock has not fallen below this price, thus it this is like a support level. Contact:+2348023054935, See some of my Videos on stock Investment- youtube/user/newyorktraders/feed?filter=2 Get text of my newsletters scribd/doc/161038356/Target-Technical-Review-Newsletter-009-17-August-2013 Loss Recovery Graph __._,_.___ Posted by: Ajewole Babatunde Reply via web post • Reply to sender • Reply to group • Start a New Topic • Messages in this topic (2) �BR> �BR> Yahoo! Groups Links To visit your group on the web, go to: groups.yahoo/group/ICAN-NG/ To change settings online go to: groups.yahoo/group/ICAN-NG/join (Yahoo! ID required) VISIT YOUR GROUP New Members 1 • Privacy • Unsubscribe • Terms of Use . __,_._,___
Posted on: Thu, 10 Jul 2014 06:49:46 +0000
Trending Topics
Recently Viewed Topics
© 2015