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Published this on my substack a few days ago, but somehow missed this here. So thought to update. Lafarge Africa picked up steam in this week’s trading session on the NGX. The stock had back to back gains from Monday to Thursday, before dipping on Friday. From a TTM price to earnings ratio, the stock…
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Shareholders in CWG should expect a much higher dividend for the 2024 financial year. Even more relevant, is software bringing the lion share of revenue. About the company The firm was founded on September 26th, 1992, as Computer Warehouse Limited principally catering to Computer hardware projects. Computer Warehouse Group Plc was incorporated in Nigeria as…
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BUA Cement had a sharp dip in profit in 9M 2024 due to higher finance costs. Except there is a sharp rise in Q4 2024 numbers, the company is unlikely to exceed FY 2023 performance. About the firm BUA Cement Plc was incorporated as a limited liability company on 30 May 2014 and commenced business…
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9M 2024 numbers for Dangote Cement show an essentially flat performance due to the spike in finance costs. Except Q4 rebounds strongly, FY 2024 profit after tax may come in lower than the prior year. About the firm Dangote Cement Plc was incorporated in Nigeria as a public limited liability company on 4 November 1992…
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Investors who have held John Holt shares in the last few months, have cause to smile as the stock has rallied. From a fundamental perspective, there has also been some improvement. At the core though, cash is king, and there lies an empty throne with this firm. About the company In 1897, John Holt established…
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Good morning and welcome to this week’s edition of Bulls and Bears, my weekly thread on the US and Nigerian equity space. If you have any questions, please feel free to share. The NGX ended last week on a positive note. It appreciated by 0.5% closing at 97,722.28 points. John Holt was the best performing…
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Tantalizers Plc made key changes to its board following a board meeting held on the 15th of October, 2024 Food Specialties and Organics Limited and Banklink Africa Private Equities Limited are now core shareholders following a private placement. About the firm Tantalizers was incorporated in 1997 as a private limited liability company It became a…
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In 1986, rockband Bon Jovi dropped their single Living on a Prayer. It tells the tale of Tommy and Gina, a working class couple who struggle to make ends meet and vow to “hold on to what we’ve got.” It would also go on to become an extremely successful song for the band. MTN Nigeria…
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Good morning and welcome to this week’s edition of Bulls and Bears, my weekly thread on the US and the NGX. If you have any questions, please feel free to share. You can also send an email to onome@greentickertales.com Doing things a bit differently this week. Starting with the US market. It was a historic…
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Like its sister company, Nascon Allied Dangote Sugar has had a rough 2024 due to higher cost of sales and finance costs. Key words FY: financial year FY 23: January to December 2023. 9M: Nine months ( in this case January to September) 9M 2023: January to September 2023 9M 2024: January to September 2024…