Tag: Nigerian stocks
-
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,…
-
During its 45th Annual General Meeting (AGM) which held on the 17th of December 2024, Oando shares gave approval for a special bonus issue. The shares were in lieu of loans granted to the firm’s CEO Wale Tinubu and DCEO Mofe Boyo. The resolution was as follows The Company may cause shares received pursuant to…
-
Vitafoam dropped its audited FY 2024 results a few days ago. While revenue grew year on year, there was a sharp dip in profit due to higher foreign exchange losses and finance costs. In response, the company has cut its dividend. About the firm Vitafoam Nigeria Plc was Incorporated on 4th August,1962 and listed on…
-
PZ Cussons Nigeria, seems to be on the road to recovery going by the higher revenue earned year on year and sharply lower losses made in Q2 2024/2025 About the firm PZ Cussons Nigeria Plc was incorporated in Nigeria on 4 December 1948 under the name of P.B. Nicholas and Company Limited. The name was…
-
Watchlist is a list of stocks i will be paying close attention to across the NGX and US stock markets for various reasons. It is not a buy/sell/hold recommendation. Or investment advice in any shape or form. Should you have any questions, please feel free to share. You can drop a comment or send an email…
-
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…
-
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…
-
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…
-
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…