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Dangote Cement Plc Financial Year End 2016 Result Summary

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12 Months Report DANGOTE CEMENT PLC 2016 N'000 2015 N'000 change Year End Revenue 615,103,000 491,725,000 25% December Profit before taxation 180,929,000 188,294,000 -4% Profit for the period 186,624,000 181,323,000 3% Issued Shares (Units) 17,040,507,405 17,040,507,405 Basic Earnings Per Shares (Kobo) 1,134.00 1,086.00 4% Last total dividend paid (Kobo) 850.00 800.00 6% Dangote Cement clearly the Market Leader in that sector,  even as it is not currently maximizing its capacity. It has a capacity of 42,550 metric tonnes with 22,534 metric tonnes utilized. This represents 52.96% of their capacity. A little increment of this would more than improve its revenue.  The Company declared a dividend of 850k compare to 800k paid the same period last year. This is an increase of 6%. With a dividend yie

Zenith Bank Plc December 2016 Financial Result

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12 Months Report ZENITH BANK PLC 2016 N'000 2015 N'000 change Year End Revenue 507,997,000 432,535,000 17% December Profit before taxation 156,748,000 125,616,000 25% Profit for the period 129,652,000 105,663,000 23% Issued Shares (Units) 31,396,493,787 31,396,493,787 Basic Earnings Per Shares (Kobo) 412.00 336.00 23% Last total dividend paid (Kobo) 202.00 180.00 12% Zenith Bank Plc released its final year 2016 result today. The Company declared a final dividend of  #1.77k against #1.55k same period last year. This was in addition to the interim dividend of 25k earlier paid in the year. As at the time the result was released the stock has a dividend yield of 11.92%. The Quarter on Quarter performance of the company are detailed below: Q1 gross income: #99,435,000,000 Q2 gross income: #11

African Prudential Plc Financial Year End 2016 Result Summary

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12 Months Report AFRICAN PRUDENTIAL PLC 2016 N'000 2015 N'000 change Year End Revenue 2,447,717 2,575,616 -5% December Profit before taxation 1,445,936 1,629,361 -11% Profit for the period 1,019,173 1,447,937 -30% Issued Shares (Units) 2,000,000,000 2,000,000,000 Basic Earnings Per Shares (Kobo) 51.00 72.00 -29% Last total dividend paid (Kobo) 30.00 43.00 -30% The Company declared a dividend of 30k compared to the sum total of 60k paid the precious year, broken down to 17k interim and 43k full year payment. A closer look at the report shows that SEC policy on dividend is working and the Tax man threat is yielding dividend. These two heads were more or less the deciding factor i.e,  Net Income from Investment declined by 12.29% while Income Tax increased by 135.23% thereby knocking them out o

Nigerian Breweries Plc 2016 Financial Update

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Nigerian Breweries Plc sold more than   =N= 248,399,855,000 worth of beer in the last quarter of 2016 to close the year on a remarkable note. Find below the snap shot of the result: 12 Months Report NIGERIAN BREWERIES PLC  2016 N'000 2015 N'000 change Year End Revenue 313,743,147 293,905,792 7% December Profit before taxation 39,622,914 54,508,368 -27% Profit for the period 28,396,777 38,049,518 -25% Issued Shares (Units) 7,929,100,888 7,929,100,888 Basic Earnings Per Shares (Kobo) 358.00 482.00 -26% Last total dividend paid (Kobo) 3.28 4.60 -29% The Quarter on Quarter Performance of NB PLC 2016. Revenue Q1  =N=77,554,948,000  Q2 =N=2,263,700,000 Q3 =N=(14,475,356,000) Q4 =N=248,399,855,000 PAT Q1  =N=10,454,510,000  Q2 =N=(1,873,710.000) Q3 =N=(7,567,328,000) Q4

United Capital Plc Financial Year End 2016

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The second stock out of the block after Forte Oil Plc. This one provided more hope than the earlier one and for dividend hunters a return of  13.51% on its last traded price is encouraging. find below the snap shot of the final result of 2016: Principal Activites: UCAP is engaged in the business on investment banking and provides issuing house, corporate investment advisory services, project finance, debt restructuring, mergers and acquisitions, debt capital markets. Through its subsidiaries, it provides additional services such as trusteeship, asset management, and securities trading. Quarter on Quarter Performance: 2016 was a good year for UCAP in all ramification compare to the previous year. Year on year it performed better. However, our focus here is on the quarterly performance for 2016. It started with a Q1 in terms of revenue of =N=1.8 billion followed by =N=1.7 billion in Q2, 2.0 billion in Q3 and 3.3 billion in Q4.  While

Large Cap Portfolio

Since the collapse of the Nigerian Capital Market in 2008, value investing had come to the front burner of investing in Nigeria. Although much is still to be desire but having a portfolio  of stocks that perfectly mirror the performance of the index would readily gives one an idea of return to expect. It is in that regard i suggest the following list of stocks in line with Ben Graham value investing.: Dangote Cement           30.00% Nigerian Breweries       26.96% GT Bank                       16.85% Nestle                            14.27% Zenith Bank                  11.92%  It should also noted that this portfolio returned -2.62% between 19th January 2017 and 2nd February, 2017. Although the Index returned -1.01% within the same period but this are still early days. The EPS of the Listed stocks as at 9 months 2016 are as follow: Dangote Cement                             813K Nigerian Breweries                           13K GT Bank                              

Forte Oil 2016 Report

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The 2016 Financial Year End Report of Forte Oil Plc. 

Losers and Gainers Nigerian Stock Exchange January 2017

The first month of 2017 had just rolled by. The Market is already making some people rich and some poor while some remain neutral. Without much ado, find below the top 10 gainers and losers for January 2017 on the Nigerian Stock Exchange:  The Winners  Dec 30-16 Jan 31-17 Security PClose PClose Change UNITYBNK 0.55 0.78 41.82% UCAP 2.73 3.5 28.21% FCMB 1.1 1.33 20.91% ETERNA 3.1 3.62 16.77% STANBIC 15 17.3 15.33% ACCESS 5.87 6.6 12.44% CONTINSURE 0.99 1.11 12.12% PRESCO 40.1 44.2 10.22% OKOMUOIL 40.17 44.18 9.98% UAC-PROP 2.62 2.88 9.92% The LOSER Dec 30-16 Jan 31-17 Security PClose PClose Change NEM 1.05 0.81 -22.86% GUINNESS 83.05 64.15 -22.76% CAVERTON 0.9 0.75 -16.67% NEIMETH 0.78 0.