TSL Limited (TSL.zw) 2019 Annual Report

first_imgTSL Limited (TSL.zw) listed on the Zimbabwe Stock Exchange under the Industrial holding sector has released it’s 2019 annual report.For more information about TSL Limited (TSL.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the TSL Limited (TSL.zw) company page on AfricanFinancials.Document: TSL Limited (TSL.zw)  2019 annual report.Company ProfileTSL Limited, listed on the Zimbabwe Stock Exchange, participates in the auctioning of tobacco, printing and packaging, supply of inputs to agriculture, storage and distribution services. The Company was founded in 1957 and through the energetic pursuit and implementation of a diversification strategy has grown to become a significant player in its chosen spheres of operation.last_img read more

Niger Insurance Plc (NIGERI.ng) Q32019 Interim Report

first_imgNiger Insurance Plc (NIGERI.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2019 interim results for the third quarter.For more information about Niger Insurance Plc (NIGERI.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Niger Insurance Plc (NIGERI.ng) company page on AfricanFinancials.Document: Niger Insurance Plc (NIGERI.ng)  2019 interim results for the third quarter.Company ProfileNiger Insurance Plc is a life and general insurance company in Nigeria underwriting all classes of insurance. Life insurance products include endowment policies, group life, mortgage protection and term assurances. Non-life insurance products range from aviation hull and liability and fire and special perils to public liability insurance, professional indemnity and workmen compensation insurance. The company also markets products under the brand name Niger Cash, Niger Flexible Investment Assurance, Niger Mutual Halal, Niger Personal Pension and Savings. Founded in 1962 and formerly known as The Niger Insurance Company Limited, the company changed its name to Niger Insurance Plc in 1989. The company has a sound reinsurance treaties with reinsurance companies led by Swiss Re. Niger Insurance Plc’s head office is in Lagos, Nigeria. Niger Insurance Plc is listed on the Nigerian Stock Exchangelast_img read more

Willdale Limited (WILD.zw) 2018 Annual Report

first_imgWilldale Limited (WILD.zw) listed on the Zimbabwe Stock Exchange under the Building & Associated sector has released it’s 2018 annual report.For more information about Willdale Limited (WILD.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the Willdale Limited (WILD.zw) company page on AfricanFinancials.Document: Willdale Limited (WILD.zw)  2018 annual report.Company ProfileWilldale Limited manufactures and markets a range of clay brick products for the Zimbabwe building and construction sector. Its clay brick range includes face brick, semi-face brick, common brick and paving bricks for walkways, patios, swimming pool surrounds and garden landscaping. The bricks are either manufactured with a rustic, smooth or brushed finish. Willdale Limited has a range which includes economy plaster, special ground solutions and decorative building products which include window sills, faggots and klompies. The company was listed on the Zimbabwe Stock Exchange in 2003 after a demerger from Mashonaland Holdings Limited and is the only brick company listed on the ZSE. Willdale Limited is listed on the Zimbabwe Stock Exchangelast_img read more

Minergy Limited (MIN.bw) 2019 Annual Report

first_imgMinergy Limited (MIN.bw) listed on the Botswana Stock Exchange under the Mining sector has released it’s 2019 annual report.For more information about Minergy Limited (MIN.bw) reports, abridged reports, interim earnings results and earnings presentations, visit the Minergy Limited (MIN.bw) company page on AfricanFinancials.Document: Minergy Limited (MIN.bw)  2019 annual report.Company ProfileMinergy Corporation Limited is a coal mining and trading company which supplies quality coal to industrial concerns and Independent Power Producers (IPPS) in Botswana. The Group structure consists of three entities: Minergy Limited, the listed company; Minergy Coal (Pty) Limited, the mining activities in Botswana; and MinSales (Pty) Limited, the South African-based marketing arm of Minergy Corporation Limited. The main activity of the Group centres around the Masama Project which operates in the Mmamabula Coalfield. The shallow opencast mine produces high quality coal within a competitive cost structure due to its size and location to the regional markets. The Masama Project produces large tonnages of coal that is suitable for export to Africa, India, Asia and China.last_img read more

Ecobank Transnational Incorporation (ETI.gh) HY2020 Interim Report

first_imgEcobank Transnational Incorporation (ETI.gh) listed on the Ghana Stock Exchange under the Banking sector has released it’s 2020 interim results for the half year.For more information about Ecobank Transnational Incorporation (ETI.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the Ecobank Transnational Incorporation (ETI.gh) company page on AfricanFinancials.Document: Ecobank Transnational Incorporation (ETI.gh)  2020 interim results for the half year.Company ProfileEcobank Transnational Incorporation is a financial services institution offering retail, wholesale, investment and transactional banking services to government departments, financial institutions, multi-nationals, small- to medium-size enterprises, micro businesses and individuals in Africa and internationally. The banking group operates in the domestic, corporate and investment banking segments. Ecobank Transnational Incorporated offers a full-service product offering which ranges from current and savings accounts to business accounts and term deposits. Ecobank Transnational Incorporated also provides services for institutional banking; ranging from treasury and investment banking to commodity/trade finance, debt issuance and equity offerings, mergers and acquisitions and syndicated lending. The financial institution operates a network of approximately 1 200 branches and offices in the major towns and cities of Ghana. Its head office is in Lomé, Togo. Ecobank Transnational Incorporation is listed on the Ghana Stock Exchangelast_img read more

Chellarams Plc (CHELLA.ng) HY2021 Interim Report

first_imgChellarams Plc (CHELLA.ng) listed on the Nigerian Stock Exchange under the Industrial holding sector has released it’s 2021 interim results for the half year.For more information about Chellarams Plc (CHELLA.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Chellarams Plc (CHELLA.ng) company page on AfricanFinancials.Document: Chellarams Plc (CHELLA.ng)  2021 interim results for the half year.Company ProfileChellarams Plc is an investment holding company in Nigeria with business interests in manufacturing, retail, distribution, marketing and power generation. The company has been in operation for almost 90 years and is a leader in its field of manufacturing and distributing industrial raw materials and consumer goods. Its product portfolio ranges from industrial chemicals and machinery to ingredients for food manufacturers, frozen foods, bicycles and electronics. Chellarams Plc operates through three subsidiary companies: Chelltek Industries Limited, Dynamic Industries Limited and United Technical & Allied Services Limited. It is in a joint partnership with American Express Travel Services, Devyani International (Nigeria) Limited, Isolo Power Gen Limited and Woolworths Retail Stores Limited. The company’s head office is in Lagos, Nigeria. Chellarams Plc is listed on the Nigerian Stock Exchangelast_img read more

Ascencia Limited (ASCE.mu) Q32021 Interim Report

first_imgAscencia Limited (ASCE.mu) listed on the Stock Exchange of Mauritius under the Investment sector has released it’s 2021 interim results for the third quarter.For more information about Ascencia Limited reports, abridged reports, interim earnings results and earnings presentations visit the Ascencia Limited company page on AfricanFinancials.Ascencia Limited Interim Results for the Third Quarter DocumentCompany ProfileAscencia Limited is a commercial property fund with an investment portfolio comprising quality income earning properties located in Mauritius. The company specialises in retail properties where the company engages in the acquisition, investment and investment holding of real estate properties on the Mauritian island. Ascencia Limited (Class A shares) operates shopping malls locally and regionally. Ascencia Limited is listed on the Stock Exchange of Mauritius.last_img read more

ISA investors! I’d buy this income growth stock in January in the hope of BIG dividends

first_imgISA investors! I’d buy this income growth stock in January in the hope of BIG dividends 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. Enter Your Email Address See all posts by Royston Wild Royston Wild | Thursday, 9th January, 2020 | More on: GAW Royston Wild has no position in any of the shares 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. Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Sharescenter_img “This Stock Could Be Like Buying Amazon in 1997” Image source: Getty Images. I believe the release of half-year results next Tuesday (14 January) could send Games Workshop Group (LSE: GAW) even further northwards. The fantasy board game specialist’s share price more than doubled in 2019 as market makers, impressed by its resilience in otherwise tough conditions for the UK retail sector, piled in with gusto.The wares over at Games Workshop are just about as niche as it gets, and its decades-old history of designing, manufacturing and selling its Warhammer war games has commanded an army of loyal followers that continue to splurge out, despite the broader pressure on consumer confidence on these shores.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…However, it’s the company’s impressive capacity to grab the imagination with new fans in foreign territories which is really standing out right now. Overseas sales now account for three-quarters of group turnover and it’s revving up investment in North America and Asia in particular to keep the tills ringing out. The business opened 19 and eight net new stores in the last fiscal year (to June 2019) in these regions respectively to take the total stores on each continent to 153 and 23.Premium playGames Workshop advised last time out on 8 November that both revenues and profits in the fiscal year to date were up from the same 2018 period, the business noting in particular that receivable royalties were “significantly ahead” as a result of “the timing of guarantee income on signing new licences.”The news sent the retailer’s shares soaring 19% in just one day and set the tone for a strong start to the end of the year. As I type, Games Workshop trades at record highs of £63.70 per share, and signs that the business has got the second half off to a flyer — a very-likely scenario, it has to be said – should help it to gain more ground.It doesn’t matter that the business already trades at a healthy premium, a forward price-to-earnings (P/E) ratio of 28.1 times. This is a reflection of the FTSE 250 firm’s long record of strong earnings growth which City analysts expect to continue. Current forecasts suggest a 12% improvement in the profits column for the fiscal year ending May 2020. The market loves the resilience that its unique products bring to the top line and that’s why it’s long commanded a high rating.Dividends forecasts to jump?But Games Workshop isn’t just a great pick for growth investors. I’ve long lauded the company on account of the sprightly pace at which it’s hiked annual dividends over the past half a decade. It raised the full-year dividend 23% last time out to 155p per share, and the signs are looking good for a meaty hike in the half-time payout this time around.As well as benefitting from solid trading, the company continues to benefit from balance sheet robustness, Games Workshop confirming in September that “cash generation also remains strong.”  City analysts reckon a 159p per share dividend will be paid out for the full fiscal year to May, resulting in a handy 2.5% yield. Though I reckon they could well end up revising their estimates to the upside following next week’s interims, giving the share price an extra shunt in the right direction. 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. 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

No savings at 40? I’d buy these 2 FTSE 100 dividend stocks to retire on a passive income

first_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Shares Enter Your Email Address 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. If you’ve reached 40 years of age without any pension savings, there’s no need to panic. It’s never too late to start saving for the future. Here are two FTSE 100 dividend stocks that could help you build a sizable pension nest egg… starting today.International Consolidated Airlines GroupBritish Airways owner International Consolidated Airlines Group (LSE: IAG) is one of the London market’s greatest success stories.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…Eight years ago, the company was struggling to turn a profit. However, under the stewardship of former pilot Willie Walsh, the group has soared. It is now one of the largest airline holding companies in the world with a market capitalisation of £12.7bn. For 2019, the organisation is on track to report a net profit of £2.3bn.According to aerospace group Airbus, air traffic will grow 4.3% annually between 2019 and 2028, and IAG is well-positioned to grow in line with this market. This suggests the company can continue to produce returns for investors for many decades to come.Right now, shares in the airline group look cheap as well. The stock is dealing at a price-to-earnings (P/E) ratio of 6.9, which suggests the shares offer a wide margin of safety at current prices.There’s also a dividend yield of 4.2% for income seekers. As the payout is covered 3.3 times by earnings per share, it looks as if there’s plenty of room for the distribution to grow in line with earnings for the foreseeable future.easyJetA rising number of air travellers should also help low-cost airline easyJet (LSE: EZJ). Recent trading updates show the number of passengers on its planes is still rising and this growth shows no signs of slowing.Total group revenue for the quarter ending 31 December increased by 9.9% to £1.4bn. Meanwhile, total passenger numbers rose 2.8% to 22.2m.Load factor, a measure of how full the company’s planes are, grew by 1.6% to 91.3% despite an increase in capacity (new aircraft) of 1% to 24.3m.These numbers suggest passengers are continuing to flock to easyJet’s offering and the group isn’t struggling to fill the new planes it’s ordering.Management is planning to expand capacity by a further 3% this year. Growth should also receive a boost from the group’s new business, easyJet holidays.Launched last year, the new business will breakeven in September 2020, according to management. easyJet has been able to use its international footprint and scale to offer customers good quality holidays at a low cost.easyJet has come a long way since its IPO in 2000. Considering all of the above, it looks as if the company’s growth will continue for the next two decades as well.A P/E of 15.3 doesn’t look too expensive for this growth stock. Meanwhile, a dividend yield of 3.3% only adds to the appeal. As such, now could be the time to snap up a share in this income and growth champion for the long haul. Simply click below to discover how you can take advantage of this. Image source: Getty Images. 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.center_img Rupert Hargreaves | Wednesday, 22nd January, 2020 | More on: EZJ IAG See all posts by Rupert Hargreaves “This Stock Could Be Like Buying Amazon in 1997” No savings at 40? I’d buy these 2 FTSE 100 dividend stocks to retire on a passive income 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. 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

Should you buy BP shares or Premier Oil in this oil market crash?

first_imgSimply click below to discover how you can take advantage of this. See all posts by Rupert Hargreaves 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. Should you buy BP shares or Premier Oil in this oil market crash? Rupert Hargreaves | Saturday, 11th April, 2020 | More on: BP HBR Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997” 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 Our 6 ‘Best Buys Now’ Shares As the oil market has crashed over the past few weeks, shares in oil producers have plunged. Indeed, BP (LSE: BP) shares have declined around 31% since the beginning of 2020. Meanwhile, shares in smaller peer Premier Oil (LSE: PMO) are off 75%!The question is, should investors be diving into these stocks at current levels or is it worth waiting out the storm?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…BP shares look appealingIt’s easy to say that after recent declines, BP shares look attractive. The stock is now dealing at one of its lowest levels in the past five years.On top of this, the dividend yield has spiked to 9.6%.However, if you’re looking for capital gains, Premier Oil might be the better buy. After recent declines, the stock is dealing at a price-to-book (P/B) ratio of just 0.2.The company’s last reported book value was 136p per share. That hints that the stock could rise 400% from current levels when confidence returns.Quick actionsPremier has acted quickly to reduce costs and shore up its balance sheet in the face of falling oil prices.Management is planning to reduce capital spending by $100m a year. On top of this, the company has hedged 30% of its full-year 2020 oil and gas entitlement production at an average oil equivalent price of $60 a barrel. That should provide some protection against falling prices.On the balance sheet front, Premier has unrestricted cash of $135m and undrawn debt facilities of $330m. All of the above suggest that it can withstand a period of sub-$30 a barrel oil prices.But it’s unclear if the company can survive for an extended period of, say, 12 months or more.With this being the case, while Premier might appear to offer more significant capital gains potential, BP shares might be the better buy.Strong balance sheetThe BP share price is unlikely to generate the sort of capital gains Premier might do in the best-case scenario, but it’s also unlikely to wipe out shareholders in the worst-case scenario.Like Premier, BP has acted quickly to slash its spending and protect its balance sheet.Unlike Premier, the company also has plenty of diversification in the form of its refining and trading operations. These operations should provide some cushion against the oil price downturn, and give the group a token income to fund its dividend.Therefore, while Premier might look like the better investment to own in this oil price crash based on valuation alone, BP shares could be the better choice.BP shares are unlikely to make you rich overnight, but investing is a marathon, not a sprint. BP has the balance sheet capacity and operational diversification to help the business pull through this storm. Premier can weather the storm for the next few months. After that, it’s not clear, at this stage, if the business can survive. Enter Your Email Address 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. 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. Image source: Getty Images. last_img read more