Investdata Consulting Limited, will this Saturday, December 5, 2021, hold its annual Investment summit, tagged Invest 2022 Summit for Traders and Investors.
The summit, which is holding for the 10th straight year, according to a statement offers an opportunity for participants- traders and investors, to listen to seasoned economic, and financial market experts give insights into the outlook for next year and how to use fundamental and technical analyses’ tools for profitable trading and investing despite uncertainties in the market place.
Participants at this year’s edition with the theme: “Master The Market, Get The Best Of Pre-Election Year 2022,” will also have an opportunity to discuss 10 Golden Stocks for juicy returns in 2022.
Ambrose Omordion, Chief Research Officer, Investdata Consulting said: “This annual Investment conference has over the years remained a game changer for market players. This edition is aimed at helping stakeholders identify opportunities and ideas for profitable trading as we enter 2022, which is yet another pre-election year in Nigeria.
“Over the past 10 years of Investdata’s annual summit, the golden stocks have consistently outperformed the NGX benchmark index. Those offered to participants at the end of the last Investdata summit held on December 4, 2020, for example, have yielded an average year-to-date return on investment of 49.84 percent, at the close of trading activities on November 30, 2021.
“Also, over 80% of the golden stocks pick during Invest 2021 Summit have beaten their targets, returning more than 40% to 60% in less a year. Due to growing concern and fear around the globe and domestic between now and sometime in 2022.
“We have held this annual summit since 2012, to give investors and traders insights, perspective, and expectations fr the new year. This year Invest 2022 Summit is exceptional being vaccination-driven economic recovery after the COVID-19 disruptions.
“Analysts will be looking at the big picture of what is happening and outlook for 2022, analysis of the status of different investment windows and opportunities, ranging from the economy, equity, bond, commodity, 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 have all yielded positive returns within the period, except for GTCO that lost 25.35 percent, closing at N24.80 on Monday, from N33.22 each on December 4, 2020. Within the period, it touched a high of N36.
“The best of the pack for investors and traders was Vitafoam Nigeria, which returned a juicy 222.53 percent, closing at N21.90 from N6.79 per share; followed by United Capital’s 122.35 percent from N4.34 on December 4, 2020, to N9.65 each on November 30, 2021, attaining a peak of N9.90 per share within the period.
“Livestock Feeds closed the period 59.38 percent up, rising from N1.28 to N3.08. Dangote Cement followed with 41.77 percent at N280 each, from N197.50, helped also by the ongoing share buyback scheme embarked on some years ago, among others; investors in May & Baker recorded 30.14 percent capital appreciation after its price climbed to N4.49 each from N3.45 on the back of improved sentiments for health sector stocks arising from the various fiscal and monetary policy incentives to enhance response to the ravaging pandemic, among others; MTNN yielded 22.58 percent from N155.00 to N190 per share, down from N209.90 high, within the period.
“Access Bank returned 15.85 percent at N9.50, from N8.20, after attaining N11.82 peak. Lafarge could only muster 6.02 percent returns within the period; ahead of Zenith Bank’s 3.09 percent.”