CATEGORY: ANALYSIS

Banking Stocks Fall as Investors Await Outcome of MPC Meeting.

Ok…is this why banking stocks have been down all week despite the tapering fiasco? Well, lets wait and see....


Dansa to establish £36m energy food plant

Dansa to establish £36m energy food plant [shared from Weave for Windows Phone]...


Company Valuation – NASCON Plc

National Salt Company (NASCON) is engaged in the refining and marketing of salt of different grades; kitchen, table as well...



Equity Valuation: Dangote Cement Updated

  I did a review of my valuation for Dangote Cement after a reconsideration of some of my assumptions;...


Equity Valuation: Is Oando Plc Share Price Cheap?

The share price of Oando Plc has tanked in the wake of the recent allegation that Jams Ibori has...


Earnings Analysis 2013 FY: Guinness Nigeria Plc Hurt By Poor Revenue Growth

Guinness Nigeria Plc released its 2013 FY results showing “net revenues” grew 5.2% to N122.4billion (2012: N116.4billion). Gross profit...


Equity Valuation: An Attempt To Determine The Intrinsic Value Of Dangote Cement Plc

Dangote Cement Plc is one of the largest companies quoted on the Nigerian Stock Exchange by market capitalisation. In...


Equity Valuation: What Is A Share In Julius Berger Plc Actually Worth?

  Julius Berger Plc is a renowned construction firm in  Nigeria and has been in existence for decades. The...


Earnings Report 2013 H1: Beta Glass Plc Post 71% Increase in Pre-Tax Profits

Beta Glass Plc released its 2013 H1 results with revenue rising 30% to N6.76billion (2012 H1: N5.1billion). Gross profit...


What Vitafoam Should Do With The Capital It Plans To Raise

  The Board of directors and management of Vitafoam Plc just obtained approval from its shareholders approving its N4billion...


Earnings Report 2013 H1: Dangote Flourmills Struggles As Hight Cost Of Wheat Wipes Out Profits.

Dangote Flour Plc released its 2013 H1 results showing a 1.7% rise in revenues to N29.3billion (2012 H1: N28.9billion)....


Why Lagos State Terminated LCC Contract On Lekki-Epe Expressway

The Lagos State Government announced yesterday that it was terminating the Lekki Concession Company contract on the Lekki-Epe expressway...


Earnings Analysis 2013 H1: Secure Electronics IT Can’t Sell Enough Tickets

Secure IT Electronics released its 2013 H1 results with revenues increasing 31% to N2.7billion (2012 H1: N2billion). Gross profit...


Earnings Analysis 2013 H1: FBN Holdings Struggling On Multiple Fronts

FBN Holdings Plc released its 2013 H1 results showing revenue rose 7.7% to N194billion (2012 H1: N180.9billion). Net Interest...


Earnings Analysis 2012 FY: Capital Hotels Plc Strong Balance Sheet Weak Earnings

Capital Hotel Plc released its 2013 Earnings with Revenues dropping 10.5% to N4.3billion (2012 FY: N4.8billion). Gross Profit was...


This Is Why Your NHF Contributions Can’t Help You Get A Housing Loan From FMBN?

  Here is some useful stats; Federal Mortgage Bank of Nigeria (FMBN) has so far disbursed N39 billion out...


Do You Know A Broke Celeb? Here Is How To Find Out

It’s quite easy to be broke in Nigeria and still remain very relevant in society. I’ve seen it happen...


Nigerian Magazines Are Just Too Expensive, So Why Bother?

    The traffic light just turned red as I drove to work on a typical busy Lagos morning...


Earnings Analysis 2013 H1: Access Bank Sets Alarm Bells Off With Dismal Half Year Results

  Access Bank released its 2013 H1 results showing a 5.3% dip in Gross Earnings. Net Interest income dropped...


Earnings Report 2013 H1: Aggressive Cost Cutting Help Conoil Plc Post 200% Rise In PBT

[upme_private]Conoil Plc released its 2013 H1 results showing revenue rose 4.5% to N79.6billion (2012 H1: N76.2billion). Gross profit also...


Earnings Analysis 2013 H1: GT Bank Increases PBT By 7% YoY But Struggled To Find Growth In Q2

[upme_private]GTB Plc released its 2013 H1 results showing a 9% increase in Gross Earnings to N124billion compared to N113.5billion...


Earnings Report 2013 Q1: Flourmills Nigeria Plc Post 9% Drop In Pre-Tax Profits Even As Revenues Rise 43%

Flour Mills Nigeria Plc released its 2013 Q1 results showing revenue rose 43% to N100.9billion when compared to the...


Earnings Analysis 2012 FY: Huge Finance Cost Lead Conoil Plc To Declare 76% Drop In PAT

[upme_private]Conoil Plc released its 2012 FY audited accounts showing a 4.8% drop in revenues to N149.9billion (2012 FY: N157.5billion)....


Earnings Analysis 2013 FY: PZ Cussons Nigeria Plc Holds Costs Down To Double Profit After Tax

[upme_private]PZ Cussons Nigeria Plc released its 2013 FY results showing revenue remained flat at N71.3billion (2012 FY: N72.1billion). Gross...


Earnings Analysis 2013 H1: Oando Plc Biting More Than It Can Chew??

[upme_private]Oando Plc released its 2013 H1 results showing a revenue drop of 20% when compared to the previous quarter....


Earnings Report 2013 H1: Skye Bank Post N10.5billion Pre-Tax Profits

[upme_private]Skye Bank Plc released its 2013 H1 results showing gross earnings rose 19% to N71billion (2012 H1: N59.6billion). Net...


Earnings Report 2013 H1: Nestle Plc Post N13.2billion In Pre-Tax Profits

[upme_private]Nestle Nigeria Plc released its 2013 H1 results showing revenue rose 10% to N62.4billion (2012 H1: N56.67billion). Gross profit...


Earnings Report 2013 H1: Dangote Sugar Post N9.8billion Pre-Tax Profits

[upme_private]Dangote Sugar released its 2013 H1 results with revenue rising 2.7% to N55billion (2012 H1: N53.6billion). Gross profit at...


Earnings Analysis 2013 H1: MRS Oil Plc Pays Down Debt By 97%, Grows Revenue By 95% QoQ

  [upme_private]MRS Oil Plc (MRSOIL:NL) released its 2013 H1 earnings with revenue rising 20.5% to N46billion (2012 H1: N38.2billion)....


Earnings Analysis 2013 H1: Zenith Bank Post Lower Than Expected Pre-Tax Profits No Thanks To Hike In Opex

  [upme_private]Zenith Bank Plc released its 2013 H1 results showing a gross revenue increase of 13% to N171billion. Net...