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Our Latest Analysis

Guineans Bulls Cant be Relied On

Guinea Insurance reported a profit after tax of ₦477.77 million for 2023, translating to a trailing twelve-month (TTM)...

ConhallPLC Recovery to be short-lived

Consolidated Hallmark Holdings PLC’s P/E ratio of 1.4x at ₦3.02 suggests significant undervaluation compared to the...

MTNN Can Bulls Feel Safe

Retail trading is a cyclical business which ebbs and flows  with the economic cycle. For instance, it took MTNN 8...

ETRANZACT Setup for Elliot wave impulse

eTranzact International PLC’s P/E ratio of 18.4x is higher than the Nigerian market average of 6.8x but aligns with...

Gains Ahead for Ellahlakes

The company’s strategic shift to oil palm and staple crops, coupled with its expansive land bank and SCPZ development...

Oando in Classic Elliot Wave Ending Diagonal

However reviewing the chart above, we can see that Oando has completed wave 1 and a wave 2 is currently unfolding...

Veritaskap Can Make 15 percent but yet to bottom

The daily chart of Veritaskap stock shows that the post 2025 sell off can be seen as a three wave unfolding pattern...

TRANSCORP Bearish shadows still linger

Transcorp Nigeria’s P/E ratio of 9.5x indicates it is undervalued compared to industry (14.9x) and peer (29.9x)...

Cadbury Deals a Good Elliot Wave Hand

Cadbury Nigeria reported a 182% profit surge in Q1 2025, with a pre-tax profit of N2 billion in Q4 2024, reducing its...

Champion is about to get a hangover

One problem the bulls are now facing is that Champion Breweries trades at a forward P/E ratio of 20.79, which is far...

Ellah Lakes Rally May Lark in the Corner

In November 2024, we introduced our readers to a leading agribusiness company Ellahlakes, the company was initially...

NB Bulls Have A Point To Make

According to the Elliot wave impulse waves show the direction of the larger trend, so in this case the larger trend is...

FCMB Bullish Setup Forming

FIn a textbook case of investors getting carried away on a good story, the stock of FCMB Group Plc, a prominent Nigerian...

FTNCOCOA can Double After Corrective Dip

For over 20 years,  Nigerian cocoa processing company had been unable to provide reliable shareholder retruns. Even the...

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