Tag: 9M 2024
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NAHCO Aviance, yesterday held a facts behind the figure session on the NGX. In the presentation shared, the company unveiled huge goals. A key detail was left out: The cost About the firm The principal activities of NAHCO are the provision of services including aircraft handling, cargo handling, passenger handling, passenger profiling, crew transportation, energy…
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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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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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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…
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Despite a tough macroeconomic environment, May and Baker had decent top and bottomline growth in 9M 2024. About the company May & Baker Nigeria Plc was incorporated as a private limited liability company in Nigeria on September 4, 1944 and commenced business on the same date. It was listed on the Nigerian stock exchange in…
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2024 was (and is because the year isnt over) a tough year for many businesses. Hotels seem to have had it great. Ikeja Hotels and Transcorp Hotels had topline and bottomline growth. I also took a detour to UPDC’s hotel. Though not listed, but some colour was provided in the parent company’s 9M 2024 numbers. …
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Despite topline and bottomline growth in 9M 2024, the rise in receivables is a cause for concern. About the firm Chams Plc was incorporated as a limited liability Company on 10 September 1985 and became a public Company (via a listing by introduction) on 4 September 2008. There was a change of name on 12th…