Market Views Archives - Nairametrics

Analyst place ‘Buy’ on Fidelity Bank shares

Tunde Ajibade — Sat, 11 May 2024 13:12:14 +0000

Highly rated, independent investment advisory firms have picked Fidelity Bank as a very attractive stock with the potential to generate high returns for investors.

The post Analyst place ‘Buy’ on Fidelity Bank shares appeared first on Nairametrics.

Meristem Values Transcorp Power at N305 per share, 27% higher than listed price

Nairametrics — Tue, 05 Mar 2024 15:03:53 +0000

Meristem Stockbrokers have recommended that investors purchase Transcorp Power Plc shares which closed its second day of trading with a 10% gain closing at N290.4.

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PZ Cussons warns Shareholders: Liquidation or Asset sale possible without delisting approval

Analysts Nairametrics — Tue, 20 Feb 2024 18:42:45 +0000

PZ Cussons Nigeria Plc has issued a subtle warning to its shareholders regarding the potential dire consequences if the company's plans to delist from the Nigerian Exchange Group (NGX) are not approved.

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Dangote Cement market cap rise to N13 trillion now double BUA Cement

Idika Aja — Tue, 30 Jan 2024 07:59:34 +0000

Dangote Cement and BUA Cement have both seen their share price more than double in 2024 with a combined market cap of over N19 trillion.

The post Dangote Cement market cap rise to N13 trillion now double BUA Cement appeared first on Nairametrics.

Analysis: Despite forex woes, Cadbury Plc may have turned the corner

Blurb Team @Nairametrics — Sun, 28 Jan 2024 15:56:56 +0000

Two years ago, a Nairametrics Blurb article posited that it was time for Cadbury Nigeria Plc to delist from the NGX. At that time, Cadbury's shares were trading for under N10, seemingly entrenched in a bearish rut.

The post Analysis: Despite forex woes, Cadbury Plc may have turned the corner appeared first on Nairametrics.

Record breaking NGX – A Stockfish market

Duke of Shomolu Speaks — Sun, 28 Jan 2024 14:00:10 +0000

Rain is a blessing but not the kind of rain that used to fall in Lagos causing flood and carrying people's wives away.
The impending rain that will come will most likely flood the NGX leading to weeping and sighing even as we continue to celebrate the ASI climb into uncharted territories.

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Emefiele Investigation: Union Bank, Titan Trust Bank acquisition face uncertain Future

Blurb Team @Nairametrics — Mon, 25 Dec 2023 06:00:23 +0000

Union Bank of Nigeria Plc and Titan Trust Bank (TTB), face an uncertain future following the latest special investigation report on the activities of the central bank under Godwin Emefiele.

The post Emefiele Investigation: Union Bank, Titan Trust Bank acquisition face uncertain Future appeared first on Nairametrics.

GCR gives Dangote cement AA+ ratings

Aghogho Udi — Mon, 24 Jul 2023 15:16:50 +0000

Sequel to the completion of the first tranche of its share buy-back program, the Global Credit Ratings (GCR) rating agency has affirmed the long-term issuer rating of AA+(NG) to Dangote Cement plc.

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Goldman Sachs urges higher interest rates and clearing FX backlog for Nigeria’s unification to work

Uade Ahimie — Thu, 15 Jun 2023 10:17:31 +0000

Goldman Sachs believes Nigeria needs higher interest rates and clearing FX backlog for Nigeria's unification to work. It also doubted that the policy as is will lead to flexible exchange rate.

The post Goldman Sachs urges higher interest rates and clearing FX backlog for Nigeria’s unification to work appeared first on Nairametrics.

BUA Foods’ Strong Financial Results in 2022 demonstrate growth potential for shareholders

Analysts Nairametrics — Tue, 11 Apr 2023 05:51:12 +0000

BUA Foods Delivered an impressive performance in 2022 amidst macro headwinds suggesting a positive outlook for Investors"

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Dangote Cement’s model for shareholder return is unusual yet simple

Idika Aja — Wed, 15 Mar 2023 07:19:36 +0000

In the context of listed companies, there is that tradeoff of being an income stock or a growth stock but in the case of Dangote Cement, it appears a win-win either way.

The post Dangote Cement’s model for shareholder return is unusual yet simple appeared first on Nairametrics.

Why the U.S dollar might likely hurt the naira more in near term

Olumide Adesina — Wed, 08 Mar 2023 06:22:26 +0000

The Naira encountered new challenges across the main FX market segments as the dollar touched a new 13-week high due to the hawkish U.S.

The post Why the U.S dollar might likely hurt the naira more in near term appeared first on Nairametrics.

Amid Forex crisis, here’s the 2023 outlook for treasury management in Nigeria

Op-Ed Contributor — Wed, 08 Mar 2023 05:58:21 +0000

The economic outlook for treasurers in 2023 will be eventful as corporate FX strategies will be tested to new levels.

The post Amid Forex crisis, here’s the 2023 outlook for treasury management in Nigeria appeared first on Nairametrics.

BUA Cement: Has the bullish trend “priced in” everything?

Idika Aja — Mon, 06 Mar 2023 16:20:32 +0000

BUA Cement's share price has been tracking significantly ahead of earnings growth, since it was listed on January 9th, 2020.

The post BUA Cement: Has the bullish trend “priced in” everything? appeared first on Nairametrics.

BUA Foods Plc: taking count … One year after listing

Idika Aja — Tue, 14 Feb 2023 04:25:44 +0000

It has been one year since BUA Foods was listed on the NGX. How has the company fared since it was listed?

The post BUA Foods Plc: taking count … One year after listing appeared first on Nairametrics.

Number of RSA pension transfers surged by 90% to 92,413 in 2022

Samuel Oyekanmi — Tue, 07 Feb 2023 11:20:49 +0000

A total of 92,413 RSA pension contributors changed their pension fund administrators in 2022, representing a 90.2% increase from 2021

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MTN Nigeria share price fail to ‘take-off’ despite record N2 trillion revenue

Idika Aja — Mon, 06 Feb 2023 09:33:50 +0000

Investors appear to have shunned MTN's impressive N2 trillion revenue recorded in the financial year that ended in December 2022.

The post MTN Nigeria share price fail to ‘take-off’ despite record N2 trillion revenue appeared first on Nairametrics.

Why it is very difficult to make real return if you are investing in Nigeria – Kalu Aja

Chris Ugwu — Sat, 04 Feb 2023 13:40:59 +0000

Kalu Aja has said that with the inflation rate hovering above 20%, it is very difficult to make a real return on investment in Nigeria

The post Why it is very difficult to make real return if you are investing in Nigeria – Kalu Aja appeared first on Nairametrics.

Guinness Nigeria Plc shares still of good value despite decline in earnings

Idika Aja — Fri, 03 Feb 2023 10:32:41 +0000

Its Q1 2023 results are grim and the latest results; in Q2, 2023 are grimmer. Is the brewing company returning to the 2020 earnings curve?

The post Guinness Nigeria Plc shares still of good value despite decline in earnings appeared first on Nairametrics.

Geregu Power declares N20 billion dividend, share price soars 10%

Analysts Nairametrics — Tue, 31 Jan 2023 19:56:22 +0000

Geregu Power Plc share price rose by a whopping 10% as its N8 dividend per share excited investors

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