TARGET TECHNICAL REVIEW FOR WEEK ENDED 12 APRIL 2013- USING ABC ANALYSIS The second quarter of the

year started on a promising note. Not all that bad for the bulls, although this week was a red week with a lot of losses. The results from the banks have starrted coming and they are not that bad. I have leant 2 vital lessons recently:

if a sector is performing well. The best strategy may be just to go for the best stock in the sector. With this you are likely to get in, make very quick gain and you can exit within a short period with good gain. Okomu Oil for the agric setor is a good example. that there may be a time you just have to get out of the market, don't be in stock. Stop trading/investing. This is a rule professionals apply. The banks have this rule for their trading activities. It is called value at Risk (VaR). The value at risk is the maimum loss a trader can have at a particular point in time. Once this level of loss is reached you have got to stop trading.

The above lesson is very important, especially number 2. I will suggested that once the stock market losses 30% of the highes value ( highest withing last 6 months), we need to run for cover. New investments should be put on hold The last portfolio was closed for a profit of 46% in 3 months. You can see the previos scridb publication for this. looking at the good sector- I see the insurance sector coming up again. Some stocks in the sector enjoyed some favourable price movement during the week. I have started a fresh portfolio with an assumed capital of NGN200,000 and sharing the funds between these 2 secuties: which 60% of the funds was used for FTN Cocoa Processors and the balance of 40% for NASCON. Value at Start- NGN Current PortfolioSTOCK DATE OF ENTRY SELECTED 02/04/2013 FTN- Cocao 03/04/2013 Nascon RESISTAN STOP LOSS CE 6.36 QUANTITY 226415.094 8888.88889 200,000 Entry price Current Return CLOSING PRICE FOR THE WEEK 0.53 0.5 9.2 9.15 -2.73%

Total Value of Portfolio For the above porfolio- on Wednesday 17 April, I will sell FTN and buy WAPIC, Insurance Selected Stock for the week For the week the stocks selected are STOCK SELECTED Wapic Ashaka

194,541

REMARKS Breaking out Dividend/Bonus play

To get more suggested stocks, you can send me an e-mail for our full list of ABC Analysis ( kelanio2002@yahoo.com) as the full details is only available for paid subscribers,

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.

Rules For Using ABC Analysis : 1. Look for a stock that has decline with at least 3 F (FFF), then show D to A 2. Good Volume increase recently 3. No thinly trade stock. Average deal of 20 or close per day 4. Some fundamental soundness in stock WHY IS THIS ABC ANALYSIS GOOD- You are likely to get in at a low price - Fundamentals tells you, a stock is good. But the rising price as shown by the chart gives good timming to make the purchase. - Gives you a logical support for the stock - Shows you when to get our, maybe FFF for over 4 weeks. You may not need further advise whether to sell or take your profit or your loss as the case may be For the other criteria or the full ABC list, you can e-mail me ( kelanio2002@yahoo.com) as the full details is only available for paid subscribers,

N:B- some columns are not completed as the data compilation started recently. This will not occure with more input data update. - The data is assumed to be correct, but I am not giving a guarranty for The accuracy week 13- 5 April 2013 24.50 F -2.43% weak 0.78 57 942,824 24.62 F -0.38% weak 0.35 36 326,942 week 14- 17 April 2014 25.97 ASHAKACEM A ABC- Analysis 9.72% Strenght % strongStrong/Weak (Against Index) 1.42 Volume Analysis 61 0 1,339,075

Week 7B ASHAKACEM ABC- Analysis Strenght % Strong/Weak (Against Index) Volume Analysis Deals Volume 25.25 F -6.80% weak 0.27

Week 8a 23.49 B 3.26% strong 2.08 57

Week 8B 24.38 B 8.95% strong 1.76 53

Week 9 a 23.40 F -3.39% weak 0.60 43

Week 9 b 24.00 F 0.02 weak 1.05 46

week 10a 23.00 F -4.34% weak 0.32 38 263,831

week 11 23.91 F 0.01 weak 4.56 55 1,202,541

week 12

WAPIC ABC- Analysis Strenght % Strong/Weak (Against Index) Volume Analysis Deals Volume

1.55 F -6.54% weak 1.24

1.34 F -9.26% weak 0.14 3

1.28 F -11.88% weak 0.16 2

1.14 F -5.94% weak 4.48 21

1.24 F 0.08 weak 4.20 19

1.49 A 14.41% strong 5.36 37 6,149,454

1.40 F 0.02 weak 0.36 24 2,213,666 F -3.23% weak

1.39

0.78 13 1,722,753

0.97 F -22.90% weak 0.09 8 157,400

1.26 WAPIC A ABC- Analysis 23.04% Strenght % strongStrong/Weak (Against Index) 1.56 Volume Analysis 23 2,685,673

Writer: Yusuf Kelani ACA. Final Securities Trading Certification from Ghana Stock Exchange. There is a better version of this newsletter available at a very reasonable fee; you can have my full weekly analysis. I am sure the gains from the newsletter can more than pay for the cost over 100times. The newsletter will be sent to you forthrightly. To gauge the performance you can follow my postings on scribd and other blogs. Just google Technical analysis of Nigeria Stock market. The subscription version will contain our easy to understand ABC stock strength gauge that will increase your probability of selecting the winning stock on your own with minimal effort. Explanation of Terms: Support: Price at which on can start thinking of buying. This is like saying get set to buy. It is a forecast buying Zone. Resistance: Price at which you should think of selling/taking some profit or exercise caution in buying at this price. 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.

N:B- Please this table has been underconstruction for some months. Some columns have no figures, as more data are added all columns will be completed. - The data is assumed to be correct, but I am not giving a guarranty for The accuracy