CATEGORY: NIGERIAN STOCKS

Beware: List of Companies That Failed To File Their Audited Accounts

The Nigerian Stock Exchange released its X Compliance report of 20/9/2013 listing companies that filed their financial reports on time and those that failed...


Banking Stocks Fall as Investors Await Outcome of MPC Meeting.

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. The MPC meets today....


Official:Top Ten Stocks For The Week Ended September 20 2013

Official:Top Ten Stocks For The Week Ended September 20 2013

These are the top ten losers and gainers for the week ended September 20th 2013; SOURCE:...



Wonder Stock: Jos Brewery From 90kobo To N9 In Less Than Two Months

Wonder Stock: Jos Brewery From 90kobo To N9 In Less Than Two Months

The Nigerian Stock Exchange has risen 31.66% YTD (Year To Date) and 45.56% in the last one year alone. This is by far higher than...


Official: Top Ten Stocks For The Week Ended September 13, 2013

Official: Top Ten Stocks For The Week Ended September 13, 2013

Find below the list of Gainers and Losers in the Nigerian Stock Market for the week ended 13th September 2013   Source:...


Top Ten Stocks For The Week Ended September 6, 2013

Top Ten Stocks For The Week Ended September 6, 2013

Find below the list of Gainers and Losers in the Nigerian Stock Market for the week ended 6th September 2013 Source:...


Dividend Proposed For Week Ended September 6 2013

Dividend Proposed For Week Ended September 6 2013

A total of 7 companies declared dividends at the end of the week ended September 6, 2013. See the list below and what the...


Buy, Sell or Hold: FBN Holdings Plc

Buy, Sell or Hold: FBN Holdings Plc

  The Banking industry have been faced with multifaceted challenges over the last decade. Banking consolidations, Universal Banking, Margin Loans, Banking Tsunami, Stock Market...


Buy, Sell Or Hold: Dangote Sugar Plc

Buy, Sell Or Hold: Dangote Sugar Plc

[upme_private]Back in April 2013 I had suggested a buy opportunity for Dangote Sugar. The price was N8.3 per share and a price earnings multiple...


Buy Sell Or Hold: Skye Bank Plc

Buy Sell Or Hold: Skye Bank Plc

  A few weeks ago I read an article about how lowly valued Nigerian banking stocks are. The report also claimed their P.E ratios...


Now They Are Noticing: Investors Are Scared The Stock Market Is Riding A Bubble

Now They Are Noticing: Investors Are Scared The Stock Market Is Riding A Bubble

Investors are valuing shares of Nestle SA and Unilever’s Nigerian units at about twice the level of their European parents, as faster growth in...


Buy, Sell Or Hold: Diamond Bank Plc

Buy, Sell Or Hold: Diamond Bank Plc

  Two months ago I reviewed Diamond Bank Plc 2013 Q1 results and suggested I’d decline to buy if a buy opportunity was presented...


Vitafoam Plc – Buy, Sell Or Hold?

Vitafoam Plc – Buy, Sell Or Hold?

These days everything can be bought online and delivered to your house. It is the new trend and some manufacturers don’t think they should...


Nigerian Breweries Plc – Buy, Sell Or Hold?

Nigerian Breweries Plc – Buy, Sell Or Hold?

  Gulder, Star, Heineken, Maltina, Fayrouz! Nigerian Breweries Plc is visibly the most recognised beer brand in Nigeria. Their collection of beverages ensures their...


Review: Updc Reits Offer – To Buy Or Not

Review: Updc Reits Offer – To Buy Or Not

  Offer Value – N30billion Offer Price – N10 per unit Opening Date – February 19 Closing Date – March 28 Fund Promoter –...


REVIEW: GUINNESS NIGERIA PLC RESULTS SHOW SHRINKING MARGINS

There have been so many quotes about greatness in the past but none as short and precise of that of a French Mathematician in...


ACADEMY PRESS – NO PRESSURE TO DELIVER

Imagine owning a business that earns you a profit of N40,000 for every N1million it generates in revenue, meaning the remaining N960,000 is spent...


RED STAR EXPRESS – DELIVERING RETURNS TO INVESTORS

Red Star Express Plc is a leading logistics and delivery firm which recently appeared on the news when they acquired an airside facility at...


INTERNATIONAL BREWERIES – DRINK UP, OUR SHARES IS STILL RISING

INTERNATIONAL BREWERIES – DRINK UP, OUR SHARES IS STILL RISING

Take a sit, relax and here…. have a cold beer. Except that it is not one of your regulars. This one is called Castle...


Starcomms : A Fallen Star??

Starcomms : A Fallen Star??

  A friend of mine once told me he hated reading financial analysis and reviews by stockbroking and investment firms despite their very in...


IHS Nigeria Plc – Towering Losses?

A drive along any of the many bridges in Lagos reveals quite a lot about the changes skyline of the commercial nerve center of...


JULIUS BERGER – CONSTRUCTING PROFITS WITH OTHER PEOPLE’S MONEY

Julius Berger Plc is without a doubt one of Nigeria’s biggest construction company and a major contractor with the Federal Government. In the last...


Concrete Results – Dangote Cement 9 Months 2012 Accounts Review

Dangote Cement is the most capitalized stock in Nigeria and with a market cap of  over N2 trillion, 25% of the total capitalization of...


Price Is Good: Ashaka Cement 2012 9Months To September Unaudited Accounts

Price Is Good: Ashaka Cement 2012 9Months To September Unaudited Accounts

Ashaka Cement released its Nine Months to september financials with revenues increasing 4% to N16b year on year. Operational profit also rose 50% to...


I’m Waiting For A Bargain – Cadbury 2012 9 Months Unaudited Accounts Review

If you are looking for a company that has financial history and track record then look no further Cadbury is one of such. If...


GLOSSING OVER LOSSES – DN MEYER Q3 2012 FINANCIALS REVIEW

Just last month, the share price of DN Meyer rose over 200% following the take-off of market making activities. It was a reminder that...


Oil Friction – Mobil Oil 9 Months 2012 Unaudited Accounts Review

Oil Friction – Mobil Oil 9 Months 2012 Unaudited Accounts Review

Mobil Oil Nigeria Plc is the marketing arm of the oil giant selling products such as lubricants, fuel etc. At a balance sheet size...


AVOIDING CONTAMINATION – GSK 2012 9 MONTHS FINANCIALS REVIEW

; The Nigerian Pharmaceutical Industry is one which is badly in need of the right pill required to cure the burden of low profit...


N607 PER SHARE AND RISING – NESTLE NIGERIA PLC 2012 9 MONTHS UNAUDITED ACCOUNTS

Nestle Nigeria Plc released its 2012 9 months unaudited accounts with revenue jumping 20.5% to N85b. Gross profit also increased year on year by...


UACN 9 MONTHS 2012 UNAUDITED ACCOUNTS REVIEW – STEADY ON GROWTH

UAC Nigeria Plc released its 9 months 2012 unaudited accounts with revenue rising 9% year on year to N47.5billion. The company also grew operating...