Category: Napkin Notes
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Last week was a fairly active one for UACN. The company held an analyst and investor call last week, as well as a facts behind the acquisition event at the NGX. You can get the firm’s presentation on the transaction here A few months ago, the company announced plans to acquire Chi Limited. Chi Limited…
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Fidelity Bank yesterday dropped its H1 2025 results which were long overview. Investors expecting an interim dividend may be “heartbroken” as the lender will not be paying an interim dividend. An interim dividend is one paid before a company’s audited financial numbers. Last year, the bank paid an interim dividend of 20 kobo per share. …
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GTCO parent company of the popular (or unpopular depending on what time of the month 737 or GT World app fails, which thankfully is a rarity these days) Guaranty Trust Bank yesterday held its H1 2025 earnings call. If you want the low down on that, you can read that here. TDLR: Lending is going…
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UBA’s rights issue commenced a few months ago and seems to be lagging. The offer was extended by a few weeks. It was initially scheduled to close on Friday, September 5, 2025, but was extended by two weeks and will now close on Friday, September 19, 2025, following the receipt of approval from the Securities…
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PZ Cussons Nigeria yesterday released its audited FY 2025 results (financial year for the 12 months ended May 2025), after trading hours. Here is a walkthrough the numbers and my view on the stock. About the firm PZ Cussons Nigeria Plc was incorporated in Nigeria on 4 December 1948 under the name of P.B. Nicholas…
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Trancorp power popped on my radar last week following a large off market trade which occured last week and a much smaller one a few days ago. Here is a brief summary of the company’s H1 2025 results and what could cause mometum in the stock. About the firm Transcorp power is 50.99% owned by…
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MTN Nigeria is Nigeria’s biggest telco and of the 30 biggest companies on the NGX by market cap. Earlier this year, i had written about the company living on a prayer. Those prayers were answered some months ago, following approval by the NCC for the telcos to raise tariffs after over a decade. Here is…
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NAHCO Aviance has maintained the robust financial performance from last year and Q1 2025. Here is a brief walkthrough of H1 2025 numbers. H1 2025 numbers NAHCO made N32.3 billion in revenue for the six months ended June 2025. Up 102% year on year The company made N8.8 billion in profit after tax . Up…
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NASCON Allied Industries yesterday released its results for the half year ended June 2025. About the firm NASCON Allied Industries is informally known as Dangote Salt since Aliko Dangote through Dangote Industries Limited (DIL) is the core shareholder. The principal activities of the company include, the processing of raw salt into refined, edible and grade…
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Lafarge Africa is one of 3 listed cement firms, listed on the NGX. The others are Dangote Cement and BUA Cement. The company released its H1 2025 results, after market close yesterday. H1 2025 results H1 means the first 6 months of the company’s financial year. Lafarge Africa runs a 12 month calendar from January…