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Total Energies Nigeria is the downstream unit of energy giant Total. Downstream means the distribution and sales of petroleum products. Topline and bottomline Revenue rose by 63.8% from N635 million in 2023 to N1.04 trillion. This is the highest revenue (in Naira) earned by the firm. Profit after tax increased by 112.9% year on year.…
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UAC of Nigeria Plc last week held an earnings call following the release of its audited FY 2024 results. Management provided some colour on its FY 2024 dividend (which was quite small), plans for the QSR unit (Mr Biggs) among other topics. All quotes are by Group CEO Fola Aiyesimoju On the dividend policy In…
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VFD Group is a firm I’ve followed keenly for the last few years. Team has a lot of chutzpah and makes bold moves. A few years ago, they tried to acquire NEM Insurance, but it didnt pull through (that should have been a signal for me to buy NEM, but i guess i was more…
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Though 2024 was a better year for ABC Transport Plc, negative retained earnings mean it wont be paying a dividend. About the firm ABC Transport Plc was incorporated as a Private Limited Company on April 5, 1993, and commenced operations that same year. The firm was converted to a Public Limited Liability Company on…
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Not Send. A Nigerian slang meaning to not care. Depending on your favourite genre of music, you might know the term from the Tuface song See Me So where he sings As you see me so, i no send you o…. Hihphop heads may know the song by Tha Suspect (who’s a great musician by…
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Chemical and Allied Products (CAP) delivered stellar results in 2024, amidst what was an extremely challenging year. Management needs to work on making the stock more liquid. Revenue Revenue made during the period was N36.3 billion, 52% higher than the N23.8 billion it generated in 2023. N36.2 billion of revenue (the lion share) was from sales…
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Good morning and welcome to this week’s edition of Bulls and Bears. This is a weekly thread i do on happenings on the NGX and US equity space. If you have any questions, please feel free to share. Please like/share/retweet. You can send an email to info@greentickertales.com or use the anon link Let’s start with…
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CWG Plc (Computer Warehouse Group) yesterday released its results for the audited FY 2024. The company hiked its dividend payout by 143%. About the firm CWG was incorporated in Nigeria as a private limited liability company on 1 February 2005 and listed on the Nigerian Stock Exchange on the 15th of November 2013. The Group…
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Good morning and welcome to this week’s edition of Bulls and Bears, my weeky thread on the US and Nigerian equity space. If you have any questions, please feel free to share. Starting with the NGX The NGX All-Share Index depreciated by 0.55%. The index measures the average performance of stocks on the exchange. Livestock…