Investdata Golden Stocks beats NGX ROI

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Held of the 2022 summit on Saturday

By Peter Egwuatu

The "golden stocks" of Investdata Consulting Limited have outperformed the return on investment of Nigerian Exchange Limited, NGX since the start of the year.

The investment data disclosed it in a statement at its 2021 annual investment summit, tagged The 2022 Invest Summit for traders and investors will be held on Saturday, December 4, 2021. The summit, which is held for The 10th year in a row, according to the release, provides an opportunity for participants - traders and investors, to listen to seasoned experts in the economic and financial markets provide an overview of the outlook for the next year and how to use the tools of fundamental and technical analysis for profitable trading and investing despite market uncertainties.

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Attendees at this year's edition on the theme: 'Master the Market, Get the Best of Pre-Election Year 2022', will also have the opportunity to discuss 10 Golden Stocks for juicy returns in 2022.

According to Ambrose Omordion, Director of Research, Investdata Consulting, "This annual investment conference has remained a turning point for market players over the years. This edition aims to help stakeholders identify opportunities and ideas for profitable business as we enter 2022, which is yet another pre-election year in Nigeria.

Over the past 10 years of Investdata's annual high, gold stocks have consistently outperformed the benchmark NGX. Those offered to participants at the end of the last Investdata summit held on December 4, 2020, for example, generated an average return on investment since the start of the year of 49.84%, at the close of trading activities on the 30 November 2021. In addition, over 80% of the preferred shares selected at the Invest 2021 Summit exceeded their targets, falling from over 40% to 60% in less than a year. Due to growing concern and fear globally and nationally by 2022.

"We've been hosting this annual summit since 2012 to give investors and traders insight, perspective and expectations for the New Year. This year, the Invest 2022 summit is exceptional because it is an economic recovery driven by vaccination after the disruptions of COVID-19. Analysts will look at the big picture and outlook for 2022, analyzing the state of different investment windows and opportunities, ranging from economy, stocks, bonds, commodities, real estate and others using fundamental and technical tools.

The Golden Stocks for 2021 are Zenith Bank, Access Bank, Guaranty Trust Company (then Guaranty Trust Bank), MTN Nigeria, May & Baker, Dangote Cement, Livestock, Vitafoam, Lafarge Africa and United Capital. They all generated positive returns during the period, with the exception of GTCO which lost 25.35%, closing at N 24.80 on Monday, compared to N 33.22 each on December 4, 2020. During the period period, it peaked at 36 N.

The best of the bunch for investors and traders was Vitafoam Nigeria, which returned a juicy 222.53 percent, closing at N 21.90 versus N 6.79 per share; followed by United Capital by 122.35%, rising from N 4.34 on December 4, 2020 to N 9.65 each on November 30, 2021, reaching a peak of N 9.90 per share during the period; while Livestock Feeds closed the period up 59.38%, from N1.28 to N3.08. Dangote Cement followed with 41.77% at 280 N each, against 197.50 N, also helped by the ongoing share buyback program launched a few years ago, among others; May & Baker investors saw capital appreciation of 30.14% after its price climbed to N 4.49 each from N 3.45 due to improving sentiment for healthcare stocks resulting from various fiscal and monetary incentives aimed at improving the response to the devastating pandemic, among others; MTNN returned 22.58 percent from N155.00 to N190 per share, down from a high of N209.90, during the period; while Access Bank returned 15.85% at 9.50 N, against 8.20 N, after reaching a peak of 11.82 N. Lafarge was only able to generate 6.02% returns over the period ; ahead of Zenith Bank's 3.09%.

Topics of discussion at the summit and their moderators include: Balanced Trading: Playing Nigeria's Multiple Exchanges For Diversification, by Olatunde Amolegbe, CEO, Arthur Steven Asset Management Ltd, and President of the Chartered Institute of Stockbrokers of Nigeria; Agriculture, economic recovery and diversification: where does commodity trading fit in your portfolio? It will be Akinyinka Akintunde, Director of Business Development, AFEX Commodities Exchange Ltd; Technical Outlook and Indicators for Profitable Market Timing, by Abdul-Rasheed Oshoma Momoh, Head Capital Market at TRW Stockbrokers Ltd; and Advantages and Dangers of Fixed Income Instruments in an Inflationary Environment, by Teriba Adeboye, MD / CEO, Qualinvest Capital Ltd. senior portfolio manager, Coronation Asset Management Ltd; Profitable Stock Picks Made Simple Using Fundamental Tools, by Ms. Ebiere Helen Fumudoh, MD / CEO, Norrenberger Securities Ltd; The Role of Real Estate Instruments and REITs in the Ecosystem, by Tope Ojo, Managing Partner, Tope & Tunde Estate Surveyors & Valuers; and Business Opportunities and 10 Golden Actions for 2022, by Ambrose Omordion, Director of Research, Investdata Consulting Ltd.

Looking at the story, Omordion pointed out, "There's no question that a correction or setbacks are possible at some point. However, the big questions that stir up most people are when this will happen and if it will end this bull run or the market rally.

"Whatever happens, what's the best way to prepare rather than trying to predict? This is what the Invest 2022 Summit will answer. You are therefore invited to Speck or to facilitate this event, "he added.

For the second year in a row, due to the COVID-19 pandemic, organizers say, this year's edition of the summit will be held via Zoom, after which attendees can join in the comfort of their home or office. .

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