Starwin Products Limited (SPL.gh) HY2013 Interim Report

first_imgStarwin Products Limited (SPL.gh) listed on the Ghana Stock Exchange under the Pharmaceuticals sector has released it’s 2013 interim results for the half year.For more information about Starwin Products Limited (SPL.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the Starwin Products Limited (SPL.gh) company page on AfricanFinancials.Document: Starwin Products Limited (SPL.gh)  2013 interim results for the half year.Company ProfileStarwin Products Limited manufactures and markets generic pharmaceutical and consumer health products for the local Ghana market and for export. The company produces a range of analgesics, antacids/laxatives, anti-allergies, multivitamins and haematinics. Its analgesic range includes Rapiriol, Paracetemol and Painoff; anti-allergics include Asmadrin and Star Cold tablets; antacids include Starwins Milk of Magnesia and Starwins Liver Salt; syrups include Paraking, Expectolyn and Starprovite. The company was founded in 1960 and was formerly known as Sterling Pharmaceuticals Ghana Limited; its name was changed in 1993. Dannex Limited is a majority shareholder (71.3%) in the business. Starwin Products Limited is listed on the Ghana Stock Exchangelast_img read more

C & I Leasing Plc (CILEAS.ng) Q12015 Interim Report

first_imgC & I Leasing Plc (CILEAS.ng) listed on the Nigerian Stock Exchange under the Investment sector has released it’s 2015 interim results for the first quarter.For more information about C & I Leasing Plc (CILEAS.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the C & I Leasing Plc (CILEAS.ng) company page on AfricanFinancials.Document: C & I Leasing Plc (CILEAS.ng)  2015 interim results for the first quarter.Company ProfileC & I Leasing Plc is a fleet management, outsourcing and marine services company in Nigeria with two subsidiaries in Ghana (Leaseafric) and the United Arab Emirates (EPIC International FZE). The company primary activity is offering extensions of structured operating and finance leases.  Subsidiaries of C&I Leasing Plc include C&I Petrotech Marine Limited, a leading player in the offshore marine vessel sector with a fleet of over 20 vessels which includes terminal tugs, patrol vessels, fast support intervention vessels and a platform support vessel; C&I Outsourcing, offering Human Resource solutions for companies in Nigeria which includes human resource outsourcing, recruitment, HR consultancy and personnel evaluation; and SDS Training Services, offering custom-designed modules for training and education programmes, personnel training, driver recruitment and training and a consultancy service for strategic partners. C&I Leasing offers a fleet management service to improve fleet efficiency and productivity. C&I Leasing Plc has the sole franchisee for Hertz-Rent-A-Car in Nigeria and has run the Hertz operation for over 20 years. The Hertz subsidiary division manages over a 1 000 vehicles and a team of professional chauffeurs and offers an airport transfer service and daily rental service. C&I Leasing’s head office is in Lagos, Nigeria and has offices in Ghana and the United Arab Emirates. C & I Leasing Plc is listed on the Nigerian Stock Exchangelast_img read more

Sunu Assurances Nigeria Plc (SUNU.ng) 2016 Abridged Report

first_imgSunu Assurances Nigeria Plc (SUNU.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2016 abridged results.For more information about Sunu Assurances Nigeria Plc (SUNU.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Sunu Assurances Nigeria Plc (SUNU.ng) company page on AfricanFinancials.Document: Sunu Assurances Nigeria Plc (SUNU.ng)  2016 abridged results.Company ProfileSunu Assurances Nigeria Plc formerly (Equity Assurance Plc) is an established insurance company in Nigeria offering non-life insurance for the domestic and corporate sectors as well as asset management and health management services. The company also has business interests in Ghana. Non-life insurance ranges from fire and special peril to consequential loss, cash and goods in transit, public and products liability, fidelity guaranty, personal liability and accident insurance products. Equity Assurance Plc also provides insurance products for workmen compensation and plant, erection and contractors all risk and welfare funds and medical evacuation. The company has subsidiary segments providing health management, asset management and hospitality services. Equity Assurance Plc is a subsidiary of SUNU Finances Holding SA. Its head office is in Lagos, Nigeria. Sunu Assurances Nigeria Plc is listed on the Nigerian Stock Exchangelast_img read more

Kakuzi Limited (KUKZ.ke) HY2017 Interim Report

first_imgKakuzi Limited (KUKZ.ke) listed on the Nairobi Securities Exchange under the Agricultural sector has released it’s 2017 interim results for the half year.For more information about Kakuzi Limited (KUKZ.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Kakuzi Limited (KUKZ.ke) company page on AfricanFinancials.Document: Kakuzi Limited (KUKZ.ke)  2017 interim results for the half year.Company ProfileKakuzi Limited grows, packs and sells avocados in Kenya. The company also has interests in growing, cracking and selling macadamia nuts; growing tea and producing tea products; and growing and selling pineapples. Its forestry division produces a range of timber products which include poles, fencing posts, gates, planting boxes, trellises, doors and door frames and heat-treated pallets. Kakuzi Limited also has interests in livestock farming; primarily beef and dairy cattle. Its livestock operation offers a cattle breeding and management service and overseas the production and sale of halaal beef, offal, hides, manure and hay. Kakuzi Limited has operations in the United Kingdom and regions in Europe. Kakuzi Limited is a subsidiary of Camellia Plc (United Kingdom) and its head office is in Thika, Kenya. Kakuzi Limited is listed on the Nairobi Securities Exchangelast_img read more

First Capital Bank Limited (FCA.zw) 2018 Abridged Report

first_imgFirst Capital Bank Limited (FCA.zw) listed on the Zimbabwe Stock Exchange under the Banking sector has released it’s 2018 abridged results.For more information about First Capital Bank Limited (FCA.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the First Capital Bank Limited (FCA.zw) company page on AfricanFinancials.Document: First Capital Bank Limited (FCA.zw)  2018 abridged results.Company ProfileFirst Capital Bank Limited (formerly Barclays Bank of Zimbabwe) was founded in 1912 and is an iconic institution in the local banking sector; operating across the full spectrum of retail and business banking, and corporate and investment banking with 38 branches nationwide. In addition to mainstream financial products, First Capital Bank offers motor, home, travel, business and personal insurance services. After more than a century operating under its parent company, Barclays plc has sold its majority stake in Barclays Bank of Zimbabwe to FMB Capital Holdings, the Mauritius based holding company, that has banking operations in Botswana, Malawi, Mozambique and Zambia. FMB Capital Holdings is listed on the Malawi Stock Exchange. First Capital Bank Limited is listed on the Zimbabwe Stock Exchangelast_img read more

Dangote Sugar Refineries Plc (DANGSU.ng) HY2018 Interim Report

first_imgDangote Sugar Refineries Plc (DANGSU.ng) listed on the Nigerian Stock Exchange under the Food sector has released it’s 2018 interim results for the half year.For more information about Dangote Sugar Refineries Plc (DANGSU.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Dangote Sugar Refineries Plc (DANGSU.ng) company page on AfricanFinancials.Document: Dangote Sugar Refineries Plc (DANGSU.ng)  2018 interim results for the half year.Company ProfileDangote Sugar Refineries Plc cultivates and mills sugarcane in Nigeria and produces fortified and non-fortified granulated sugar for household consumption and use in pharmaceutical and food and beverage manufacturing. The fortified product is a fine high quality Vitamin A fortified white granulated sugar which is an all-purpose sugar used for baking and sweetening beverages and food stuff. It is sold under the brand name Dangote Sugar in 50kg, 1kg, 500g and 250g packages. The unfortified product is a specially-processed sugar grade used by pharmaceuticals and food and beverage manufacturing companies. Dangote Sugar Refineries’ subsidiary company, Savannah Sugar Company Limited, cultivates sugarcane for the group and is responsible for the milling process. Dangote Sugar Refineries Plc is listed on the Nigerian Stock Exchangelast_img read more

Camelot Ghana Limited (CMLT.gh) 2019 Abridged Report

first_imgCamelot Ghana Limited (CMLT.gh) listed on the Ghana Stock Exchange under the Paper & Packaging sector has released it’s 2019 abridged results.For more information about Camelot Ghana Limited (CMLT.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the Camelot Ghana Limited (CMLT.gh) company page on AfricanFinancials.Document: Camelot Ghana Limited (CMLT.gh)  2019 abridged results.Company ProfileCamelot Ghana Limited is a security printing company involved in the design, processing, printing and finishing of security print orders, business forms and documents and identity products. The company provides a service to governmental departments, financial institutions and multi-national organisations. Security stationary issued by Camelot Ghana Limited ranges from cheque books and banker’s drafts to share certificates, dividend warrants and lottery tickets. The company produces continuous and cut sheet stationary for insurance company forms, optical character recognition (OCR) forms, pre-prints for laser printers, listing paper and airline boarding passes. Company printing solutions range from magstripe encoded cards to UV cured cards, access control cards and ID cards. Government printing solutions for range from council tax forms to utility billing cards, electoral ballot papers and revenue collection tickets. Subsidiaries of Camelot Ghana Limit offer services ranging from holograms, holosealing, embossed hotfoiling to watermarked cheque paper, chemically-sensitive security paper, solvent sensitive inks, tri-thermochromic inks and microtext printing. Camelot Ghana Limited services governments and institutions in Togo, Burkina Faso, Liberia, Benin, Côte d ´Ivoire, Ethiopia, Sierra Leone and Nigeria. The company headquarters are in Accra, Ghana. Camelot Ghana Limited is listed on the Ghana Stock Exchangelast_img read more

Why I’m considering buying this UK micro-cap growth stock

first_img Rachael FitzGerald-Finch has no position in any of the shares mentioned. The Motley Fool UK has recommended Quartix. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Smaller companies can have a hard time competing for investors’ money. It’s often said that their futures may be more uncertain – they’re usually younger and less stable than their larger peers.  However, for an enterprising investor with a diversified portfolio and a taste for strong company fundamentals, I believe micro-cap Quartix Holdings (LSE: QTX) could be a great long-term growth stock pick.An expanding marketWith a market value of £195m at the time of writing, Quartix is a UK-based supplier of integrated tracking and telematics data analysis solutions for commercial fleets and motor insurance providers. With the global market for these systems predicted to grow at 18.9% between 2018 and 2024 – thanks to development of smart logistics and intelligent transportation systems – Quartix has a probable expanding customer base.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Good cashflowA current ratio of 1.12 is slightly lower than some investors would like. However, over half the company’s capital on-hand is cash – and only 10% inventory – meaning it can pay its way quickly and easily. In addition, and unusually for a technology micro-cap, Quartix has negligible long-term debt, freeing up cash for investing or dividends.Notably, Quartix includes money spent on upgrading its fleet business in its sales costs. An accounting technicality perhaps but one that could lower the company’s expected earnings and increase the price-to-earnings (P/E) ratio.Repositioning for growthAt 31.3 the P/E ratio is lower than the software industry average of 32.2, suggesting that Quartix may underperform its peers. However, during the first half of 2019, the additional investment in marketing and distribution has grown the subscription base by 12% and the overall fleet business market revenues by 11%. These gains, though, have been offset by declining insurance business revenues but Quartix is keen to stress the refocussing of the company on fleet operations; only considering the cash-generating insurance business that properly values its offerings. The likely lower earnings for 2019 could put a small dent in the previous five years’ average 10% earnings growth.Increasing share price…but not assetsQuartix experienced a recent rapid increase in share price – indicating high demand for the stock and further inflating the P/E ratio.  The prior five years have seen Quartix delivering a 163% shareholder return, compared with an industry average of 29.6%, and its return on capital employed, at 46.24p, is impressive.However, the current stock price could be too high: net tangible assets per share was 1.77 at 268p per share, but the current higher share price of 407p will deflate this figure significantly.The share price increase also dampens the prospect of an average 3.1% dividend yield since 2015, but a dividend growth rate of 33% for this period is not to be sniffed at. Neither is the dividend policy of approximately 50% operating cashflow. The cash pay-out ratio of 46% signals the dividend is well covered by cash generated within the business.As an apparently well-run micro-cap in a growth market, Quartix has much potential. But at its current size, it maybe be too pricey for some. Why I’m considering buying this UK micro-cap growth stock I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Enter Your Email Addresscenter_img Rachael FitzGerald-Finch | Monday, 17th February, 2020 | More on: QTX Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Our 6 ‘Best Buys Now’ Shares Simply click below to discover how you can take advantage of this. Image source: Getty Images. See all posts by Rachael FitzGerald-Finchlast_img read more

Hold your nerve! Why Warren Buffett’s not selling his stocks and neither should we

first_img Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” Our 6 ‘Best Buys Now’ Shares Yesterday was a ‘red’ day in my share portfolio and it was probably that colour in yours too.After all, the FTSE 100 dropped by about 3% and many shares on the London market were down. According to share-focused website ADVFN, only around 8% of all shares in the London stock market rose, with the rest either falling or remaining static – most plunged.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…It seems to me, the escalating crisis surrounding the Covid-19 coronavirus could be spooking the market. According to super-investor Warren Buffett, speaking on CNBC and cited by Reuters, “It is scary stuff.”Economic effectsIndeed, the situation is fraught with human tragedy. According to the BBC, the World Health Organization has said the world should do more to prepare for a possible coronavirus pandemic.The outbreak is starting to affect some companies’ trading results, at least in the short term. For example, Buffett’s own Berkshire Hathaway conglomerate has seen business dry up in China for its Dairy Queen fast-food division. Many of the 1,000 or so branches in the region are closed right now.But it doesn’t stop there. Berkshire Hathaway owns more than 90 operating businesses including the BNSF railroad and Geico auto insurer, and Buffett said the coronavirus outbreak “has affected a significant number (of them).” Indeed, some London-listed firms trading abroad, or relying on supply chains in Asia, are starting to report issues arising from the restrictions being implemented to control the outbreak.Long-term investors will “fare well”However, despite the financial hit to his own businesses, Buffett peddles a familiar message for investors. He said the outbreak has not changed his long-term outlook and, “I don’t think it should affect what you do in stocks.” He reckons investors with a 10- to 20-year time horizon and focused on the earning power of companies “will fare well in stocks.”We shouldn’t become caught up in daily headlines if we are long-term investors, he said. Now that stock prices have lowered, he reckons Berkshire Hathaway would “certainly be more inclined” to buy stocks than on Friday. And I reckon one thing is certain, he’s not selling up and running for the hills. Indeed, the opposite appears to be true. He’s probably blowing the dust off his watchlist right now and readying himself to pounce on his next stock opportunity.There’s always something to worry about in the general economy and in the stock market, yet shares tend to climb that wall of worry over the long haul. I reckon one way of handling a stock market determined to retrace is to focus only on the news flowing from the companies behind your shareholdings, or those on your watchlist that you want to own shares in. If operations remain stable, the knowledge could encourage you to hold tight or buy.For regular investors holding index tracker funds, it’s even easier, in my view – keep investing and allow pound-cost averaging to boost your returns later. Kevin Godbold has no position in any share mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Hold your nerve! Why Warren Buffett’s not selling his stocks and neither should we Image source: The Motley Fool I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.center_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. See all posts by Kevin Godbold Kevin Godbold | Tuesday, 25th February, 2020 Simply click below to discover how you can take advantage of this. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!last_img read more

Looking for a passive income? I’d buy the FTSE 100 index

first_imgLooking for a passive income? I’d buy the FTSE 100 index “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! See all posts by Rupert Hargreaves I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Simply click below to discover how you can take advantage of this. Image source: Getty Images. center_img Rupert Hargreaves owns no share mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Rupert Hargreaves | Sunday, 1st March, 2020 Enter Your Email Address Our 6 ‘Best Buys Now’ Shares If you’re looking for a passive income stream, the FTSE 100 could help you hit this goal. The FTSE 100 is one of the most income-focused stock indices in the world. It currently supports a dividend yield of nearly 4.7%, which is higher than almost any other developed market stock index. And that’s not the Footsie’s only attractive quality.Global incomeThe leading index’s dividend yield is an aggregation of all of the dividends of its constituents. So, in effect, 100 different companies contribute to the distribution.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…This suggests the dividend is also very sustainable. Indeed, for the yield to fall to zero, every member would have to eliminate their payouts. That’s unlikely ever to happen.One or two companies might cut their distributions in a single year, but the diversified nature of the FTSE 100 suggests income investors have plenty of protection.More than 70% of the index’s profits also come from outside the UK. What’s more, there’s not one single sector that has a disproportionate impact on the FTSE 100.This diversification has helped the index navigate some tough times. For example, in 2008, when the banks were in trouble, mining stocks helped support the index. When the miners crashed several years later, consumer goods companies picked up the slack. Now banks are back in vogue (from an income perspective anyway).Income and growthThe FTSE 100’s diversification has also helped the index’s growth, and this should continue. In theory, company earnings should expand inline with inflation at a minimum over the long run.That suggests growth of 2% to 3% per annum over the long run. In theory, this earnings growth should have a knock-on effect on stock prices.On top of this, there’s that 4.7% dividend yield. Added together, these figures suggest investors can look forward to a total return (income and capital growth) of between 6.7% to 7.7% over the long run.These numbers are slightly below the FTSE 100’s historical average. The index has returned approximately 8% per annum since its inception. However, it’s always better to have a margin of safety when trying to estimate long-term market returns.Index fundAnother advantage of using the FTSE 100 to generate a passive income is that it’s straightforward to track the index. There are FTSE 100 tracker funds on the market that currently charge less than 0.1%.All these funds do is track the index, so there’s no risk of the fund manager picking the wrong stocks. It’s also helpful for investors who want to generate a passive income from dividend stocks, as picking income investments can be a tricky process.The power of compoundingIf you own a low-cost FTSE 100 tracker fund, all you need to do is sit back and let the power of compounding do its work.For example, an investment of £20k in a FTSE 100 tracker, with additional contributions of £200 a month, could yield an investment pot of £136k after 15 years. That could be enough to throw off an annual passive income of nearly £8.2k a year, based on the FTSE 100’s current dividend yield of 4.7%.  Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.last_img read more