Good morning and welcome to this week’s Bulls and Bears. This is a weekly thread on the NGX and US equity space. If you have any questions, please feel free to share. You can also tweet at me @quansimodo or use the anon link. You can also send an email to info@greentickertales.com Starting with the…
A few days ago, Cornerstone Insurance released its audited FY 2024 results. There was a huge bounce in both topline and bottomline. The breakdown Insurance service result returned to profitability. Insurance service revenue result for FY 2024 was N2.1 billion, as against a N337 million loss recorded in FY 2023. Profit after tax rose by…
Northern Nigeria Flour Mills (commonly known as NNFM() is one of the duo of players in that space listed on the NGX. Few episodes ago, i covered Honeywell Flour Mills its sister company. Both are ultimately controlled by FMN Flour Mills of Nigeria now known as Golden Penny Foods. Audited FY 2025 2025 was a…
Good morning and welcome to this week’s bulls and bears. This is a weekly roundup of events in the NGX and US equity space. If you have any questions, you can tweet at me us or use the link You can also send an email to info@greentickertales.com Starting with the NGX The All Share Index…
Custodian Investment has in the last few days piqued my curiosity as it traded larger than normal volumes. Following the transactions, the company filed insider dealing notices with the NGX. There were 3 insider related transactions. Two by Olakunle Ade-Ojo and one by Adeniyi Falade an Executive Director Between May 19, 2025- May 26, 2025,…
Honeywell Flour Mills yesterday released its audited FY 2025 results after trading hours. While there was topline growth and the company returned to profit, it has opted not to pay a dividend in other to conserve capital. In the short term, this could lead to investors selling off. The numbers below are for the company,…
Good morning and welcome to this week’s Bulls and Bears. If you have any questions, please feel free to share. You can tweet at me (@quansimodo) or use the anon link or send an email to info@greentickertales.com Starting with the NGX Trading in the top three equities namely Royal Exchange Plc, Fidelity Bank Plc and…
FY 2024 was an outstanding year for NAHCO, despite a turbulent economy. Revenue rose by 88.5% from N28.3 billion in 2023 to N53.5 billion in 2024. Profit after tax increased by 132% from N5.5 billion in 2023 to N12.8 billion in 2024. The company has proposed a final dividend of N5.94 to be paid on…
Good morning and welcome to this week’s Bulls and Bears. This is a weekly thread on the NGX and US equity space. If you have any questions, please feel free to share. You can also send an email to info@greentickertales.com or use the anon link Starting with the NGX The All Share Index gained 0.90%…
Access Holdings is parent company of Access Bank. A holdco structure was adopted to enable the bank venture into other parts of financial space. The bank is still the biggest entity, so id use Access Bank interchangeably all through this post. Access is also Nigeria’s largest bank by assets. As at Q1 25, it had…