African Champion Industries Limited (ACI.gh) Q12018 Interim Report

first_imgAfrican Champion Industries Limited (ACI.gh) listed on the Ghana Stock Exchange under the Paper & Packaging sector has released it’s 2018 interim results for the first quarter.For more information about African Champion Industries Limited (ACI.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the African Champion Industries Limited (ACI.gh) company page on AfricanFinancials.Document: African Champion Industries Limited (ACI.gh)  2018 interim results for the first quarter.Company ProfileAfrican Champion Industries Limited is an investment holding company in Ghana with substantial assets in gold mining and forestry and a manufacturing operating producing toilet paper. Established in 1967, the company was formerly known as Super Paper Products Co Ltd. It is a market leader in Ghana and exports its toilet paper products to regions in West Africa. In 2009, African Champion Industries incorporated a value-creation strategy to purchase significant interests in assets which generate hard currency in West Africa, primarily investments in natural resources and property. Its sole asset is a royalty on Adamus Resources Telku Bokazo gold mine and a minority stake in Miro Forestry Developments Limited, a plantation forestry company with assets in Ghana and Sierra Leone. African Champion Industries Limited is listed on the Ghana Stock Exchangelast_img read more

Choppies Enterprises Limited (CHOPPI.bw) HY2019 Interim Report

first_imgChoppies Enterprises Limited (CHOPPI.bw) listed on the Botswana Stock Exchange under the Retail sector has released it’s 2019 interim results for the half year.For more information about Choppies Enterprises Limited (CHOPPI.bw) reports, abridged reports, interim earnings results and earnings presentations, visit the Choppies Enterprises Limited (CHOPPI.bw) company page on AfricanFinancials.Document: Choppies Enterprises Limited (CHOPPI.bw)  2019 interim results for the half year.Company ProfileChoppies Enterprises Limited is an investment holding company which operates in the grocery supermarket sector. The Choppie brand is associated with superstores, hyperstores and value stores; each offering the full instore range of a bakery, butchery, fresh fruit and vegetables and fast food. The company sells private label products, as well as a range of financial services. Choppies Enterprises Limited also manages a distribution and supply operation, a logistics operation and a maintenance service. Choppies retail outlets target lower to middle-income shoppers; with a total of 212 stores located in the major towns and cities in Botswana, South Africa, Zimbabwe, Zambia, Kenya, Tanzania and Mozambique. Choppies Enterprises Limited was founded in 1986 and its head office is in Gaborone, Botswanalast_img read more

CAL Bank Limited (CAL.gh) 2019 Presentation

first_imgCAL Bank Limited (CAL.gh) listed on the Ghana Stock Exchange under the Banking sector has released it’s 2019 presentation For more information about CAL Bank Limited (CAL.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the CAL Bank Limited (CAL.gh) company page on AfricanFinancials.Document: CAL Bank Limited (CAL.gh)  2019 presentation Company ProfileCAL Bank Limited is a leading financial institution in Ghana offering products and services for the investment, corporate and retail banking sectors, as well as custodial, treasury, security brokerage, fund management and asset management services. The banking group underwrites securities and provides financial solutions for corporate finance operations, loan syndications and securities portfolio management, acquisitions and mergers, acceptance of bills of exchange, bullion dealings, export trade development and financing, hire-purchase finance and leasing. CAL Bank Limited provide a counseling and financing service for industrial, agricultural, mining, services and commercial ventures. The financial institution was founded in 1990 and is based in Accra, Ghana. CAL Bank Limited is listed on the Ghana Stock Exchangelast_img read more

Unilever Nigeria Plc (UNILEV.ng) Q32019 Interim Report

first_imgUnilever Nigeria Plc (UNILEV.ng) listed on the Nigerian Stock Exchange under the Industrial holding sector has released it’s 2019 interim results for the third quarter.For more information about Unilever Nigeria Plc (UNILEV.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Unilever Nigeria Plc (UNILEV.ng) company page on AfricanFinancials.Document: Unilever Nigeria Plc (UNILEV.ng)  2019 interim results for the third quarter.Company ProfileUnilever Nigeria Plc manufactures and markets a range of food and food ingredients as well as home and personal care products for the wholesale and retail sectors in Nigeria. Its product portfolio encompasses toothpastes, soaps, washing detergents, dish washing liquids, baby products, lotions and petroleum jelly, margarine, tea and bouillon cubes. Well-known brands include Close-up and Pepsodent toothpaste; Lux, Lifebuoy and Rexona soap; Vaseline lotions and petroleum jelly; Lipton tea, Knorr and Royco bouillon cubes and flavouring; Sunlight dishwashing liquid; Omo washing powder and Pears baby products. Founded in 1923 and formerly known as Lever Brothers (West Africa) Limited, the company changed its name to Unilever Nigeria Plc in 2001. Unilever Nigeria Plc is a subsidiary of Unilever Overseas Holdings BV. The company’s head office is in Lagos, Nigeria. Unilever Nigeria Plc is listed on the Nigerian Stock Exchangelast_img read more

SFS Real Estate Investment Trust (SFSREIT.ng) 2020 Abridged Report

first_imgSFS Real Estate Investment Trust (SFSREIT.ng) listed on the Nigerian Stock Exchange under the Property sector has released it’s 2020 abridged results.For more information about SFS Real Estate Investment Trust (SFSREIT.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the SFS Real Estate Investment Trust (SFSREIT.ng) company page on AfricanFinancials.Document: SFS Real Estate Investment Trust (SFSREIT.ng)  2020 abridged results.Company ProfileSFS Real Estate Investment Trust is a close-ended Real Estate Investment Trust Scheme in Nigeria which pools funds for the primary purpose of investing in income-generating real estate. This includes residential homes, residential apartments, office blocks, shopping malls and warehouses. The Fund managers are dedicated to developing and/or acquiring high-quality stock of properties in select locations in Nigeria. They will also make opportunist investments in joint venture developments in partnership with reputable developers. Typically, the Skye Shelter Fund invests 75% in real estate and 25% is invested in real estate related investments such as mortgages, real estate backed securities and real estate related equities. This portion includes a 10% allocation to cash for liquidity purposes. The company head office is in Lagos, Nigeria. SFS Real Estate Investment Trust is listed on the Nigerian Stock Exchangelast_img read more

African Alliance Insurance Company Plc (AFRINS.ng) Q12020 Interim Report

first_imgAfrican Alliance Insurance Company Plc (AFRINS.ng) listed on the Nigerian Stock Exchange under the Financial sector has released it’s 2020 interim results for the first quarter.For more information about African Alliance Insurance Company Plc (AFRINS.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the African Alliance Insurance Company Plc (AFRINS.ng) company page on AfricanFinancials.Document: African Alliance Insurance Company Plc (AFRINS.ng)  2020 interim results for the first quarter.Company ProfileAfrican Alliance Insurance Company Plc is a life insurance company in Nigeria offering a combination of protection (term assurance and group life), savings and investment products. The company is regarded as one of the most experienced and strongest Specialist Life Assurance Offices in Nigeria with some 60 years’ experience in the insurance sector. The company also offers annuity and group life products as well as savings schemes and investment products. African Alliance Insurance operates a network of 18 branch offices. African Alliance Insurance Company has additional business interests which includes developing and managing properties in Nigeria, owning and managing an airline, operating a restaurant and providing catering services. The company has a 100% stake in Axiom Air Plc, a cargo airline company, Frenchies Foods (Nigeria) Plc and a restaurant and catering services company. It has a 96% stake in Ghana Life Insurance Company Plc. African Alliance Insurance Plc is a subsidiary of Conau Plc and has the backing of world-class reinsurers, Munich Reinsurance Company. Its head office is in Lagos, Nigeria. African Alliance Insurance Company Plc is listed on the Nigerian Stock Exchangelast_img read more

OK Zimbabwe Limited (OKZ.zw) Q32021 Interim Report

first_imgOK Zimbabwe Limited (OKZ.zw) listed on the Zimbabwe Stock Exchange under the Retail sector has released it’s 2021 interim results for the third quarter.For more information about OK Zimbabwe Limited (OKZ.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the OK Zimbabwe Limited (OKZ.zw) company page on AfricanFinancials.Document: OK Zimbabwe Limited (OKZ.zw)  2021 interim results for the third quarter.Company ProfileOK Zimbabwe Limited is a leading retail group in Zimbabwe with a product range that extends from groceries and houseware products to clothing and textiles. The inaugural branch was opened in Harare (then Salisbury) in 1942 and today, is one of the most recognised supermarket brands in Zimbabwe. The company trades under various branded store names, including OK stores, Bon Marché and OKMart. OK Zimbabwe sells products in its grocery range under its own home brand; OK Pot ‘O Gold, OK Value, Shoppers’ Choice and Bon Marché Premier Choice labels. OK Zimbabwe Limited operates approximately 61 retail outlets throughout Zimbabwe and owns subsidiaries that complement its diverse product offering; Eriswell (Private) Limited, Swan Technologies (Private) Limited and Winterwest (Private) Limited. OK Zimbabwe Limited is listed on the Zimbabwe Stock Exchangelast_img read more

This stock market crash could end in a massive FTSE 100 bull run

first_img Everything looks a bit gloomy right now, as the stock market crash returned in force on Friday, with the FTSE 100 ending the day around 5% lower.The stock market crash may get worse before it gets better, but at some point, share prices could recover rapidly. Now is the time to secure this year’s Stocks and Shares ISA allowance before the 5 April deadline.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…Then you should go shopping for bargain shares, because when sentiment revives, the FTSE 100 could shoot up far faster than you expect.AJ Bell investment director Russ Mould said that once you add up all US fiscal stimulus, including interbank funding and the fourth, unlimited round of quantitative easing, the Federal Reserve’s balance sheet has swollen by a fifth in just two weeks, to a blockbusting $5.2tr.Stock market crash will turnLast time the Fed delivered fiscal stimulus on this scale, was after the financial crisis. The tidal wave of liquidity drove the subsequent decade-long bull market. This run, the longest in US history, only came to an end when Covid-19 triggered today’s stock market crash.Mould reckons it will happen all over again. Once we get some positive news on coronavirus, as we will at some point, the Fed’s liquidity gusher could create a stock market bubble to dwarf anything we have seen this millennium.It will be further turbo-charged by domestic stimulus, as Chancellor Rishi Sunak and the Bank of England join in the emergency splurge. When all that comes together, the FTSE 100 could fly from today’s reduced levels.If you start feeding money into your Stocks and Shares ISA today, when the stock market crash has knocked almost a third off share prices, you could benefit when the rebound ultimately comes.Load your Stocks and Shares ISAThere is a chance that the monetary authorities will withdraw the stimulus just as the party is getting started, but only a slight chance. Again, history suggests they will leave all that hot money bubbling away, driving share prices higher and higher.Remember that Donald Trump will be looking to get re-elected this year, and will want to take the credit for another stock market rally.You still have to be brave to invest in the middle of a stock market crash like this one. I have topped up my FTSE 100 and FTSE All-Share trackers, but I found it unnerving, even though I have been waiting for such a buying opportunity for years.As ever, you should never invest money you will need in the next five years, and ideally 30 or 40 years, especially if your job is menaced by the lockdown. If you can hold on for the long term, though, now could be a great time to invest.The monetary authorities have been acting as a backstop to share prices ever since 2008. They are going to do it again. It’s not pretty, but that’s where we are. When this crash is over, the stimulus-fuelled FTSE 100 recovery may take us all by surprise. Harvey Jones | Saturday, 28th March, 2020 Harvey Jones 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. This stock market crash could end in a massive FTSE 100 bull run 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. “This Stock Could Be Like Buying Amazon in 1997” 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.center_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares Enter Your Email Address Image source: Getty Images. See all posts by Harvey Joneslast_img read more

Stock market crash: 2 FTSE 100 stocks I’d buy right now

first_img “This Stock Could Be Like Buying Amazon in 1997” Our 6 ‘Best Buys Now’ Shares Enter Your Email Address Rupert Hargreaves has no position in any of the shares mentioned. The Motley Fool UK has recommended RELX and Rightmove. 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. Stock market crash: 2 FTSE 100 stocks I’d buy right now Simply click below to discover how you can take advantage of this. The recent FTSE 100 stock market crash suggests there are numerous cheap income and growth stocks currently available. These businesses might experience significant uncertainty in the short run. But many have the potential to deliver substantial recoveries and high total returns over the long term.As such, now could be a great time to snap up some of these bargains for the long run.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…FTSE 100 tech leaderSince the beginning of the year, FTSE 100 tech champion Rightmove (LSE: RMV) has recorded a 24% drop in its share price. It’s easy to see why investors are selling shares in the property portal. The coronavirus crisis has frozen the UK housing market. This is likely to place pressure on Rightmove’s near-term income.This may cause a further decline in the company’s shares. However, the UK property market is likely to recover over time. As the most significant player in the sector’s online marketplace, this suggests Rightmove’s long-term potential is attractive.The housing market has experienced many booms and busts over recent decades. The market has always recovered. The same is true of the FTSE 100. Therefore, while there could be further difficulties ahead for the sector, over the long run, activity in the property market should recover. Factors such as low interest rates, reduced supply, and schemes such as Help to Buy could also boost the industry over the coming years.With this being the case, now could be an excellent time to capitalise on the market’s short-term focus and buy shares in FTSE 100 champion Rightmove.Business diversificationCoronavirus is also having a significant impact on Relx (LSE: REL), the global provider of information-based analytics and decision tools. The group’s exhibition business, which accounted for 16% of revenues in 2019, has seen income evaporate.Still, the rest of the FTSE 100 business seems to be holding up well. Sales of the company’s risk analysis and legal operations, which accounted for 84% of revenues in 2019, expanded in Q1.Relx believes any downward trend is unlikely to last with the majority of its income subscription-based. That suggests the impact on the business should be limited.The FTSE 100 firm also is supporting the fight against Covid-19. It’s “mobilising” its scientific, technical and medical “research content, data analytics know-how, and clinical insight.” The company is working with the WHO, OSTP, NIH and the Wellcome Trust to help support the battle against the virus.This suggests that while the business might see a decline in near-term revenues, over the long run, it’s well placed to recover. Relx may even be able to improve on its competitive position as a result of the uncertain economic outlook.As such, with shares in the business down 12% from their 52-week high, now could be an excellent time to capitalise on the firm’s weak near-term outlook through buying its shares. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!center_img 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 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. Rupert Hargreaves | Tuesday, 21st April, 2020 | More on: REL RMV 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. See all posts by Rupert Hargreaveslast_img read more

A second stock market crash is ahead! This is why I think it can help you retire early

first_img 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. 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! 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. “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address 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. Image source: Getty Images center_img Our 6 ‘Best Buys Now’ Shares A second stock market crash is highly likely. Although it looks like the March bloodbath for shares has been left behind, it wasn’t. But it doesn’t mean that investors should be afraid. In fact, there’ll be many opportunities for them to retire early. Why a second stock market crash?Well, there are plenty of factors that can lead to another stock market correction. Most importantly this is the risk of a second lockdown. The world is suffering from another wave of Covid-19 infections right now. It may soon lead to a second wave of lockdowns, which could have serious economic consequences. Other important factors are the US elections and social unrest in this country. US-China relations also pose some substantial risks.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…Moreover, share prices, especially in the US, don’t reflect companies’ fundamentals and this is a big problem. Stock market quotes tend to recover ahead of corporate earnings but many analysts argue that shares are overbought. Poor economic conditions, in turn, suggest that many businesses cannot be profitable now by definition. That’s especially true of businesses like airlines and tourist companies. The prompt actions of the central banks, meanwhile, helped the stock indexes around the world recover. They did so by printing money and exchanging it for bonds. As a result, the financial markets got liquid again. But it seems to me that we are in the situation of a stock market bubble. Unfortunately, all bubbles burst. And a second stock market crash may follow this stock market rally.If history is any guide…An example that immediately springs to mind is that of the dot-com bubble in the US. The mass media kept overhyping Internet technologies and the Fed kept easing monetary policy. That encouraged many investors to buy loss-making high-tech companies at unreasonably high prices. The bubble burst as these loss-making companies filed for bankruptcy protection. So, many people lost their money. This led to the recession of 2000–01. However, this crisis also led to the rise of multinational giants like Amazon, e-Bay, and Netflix. You see, when crises like that occur, larger companies with good balance sheets survive, whereas smaller competitors go out of business. So, these larger companies even flourish and grow in size in the long run. It might sound strange but a similar situation occurred during the Middle Ages as a result of the plague. The economic and social chaos accompanying it gave rise to large corporations.So, how can I get rich?I fully agree with my colleague Peter Stephens. It would be quite a shame to miss such a rare opportunity to retire early. But in order to take advantage of a second stock market crash, you have to have some spare cash. So, I wouldn’t recommend keeping all the money invested in the stock market now.At the same time, before parking your cash, you have to understand your attitude towards risk. If you are risk-averse, it might be best for you to keep a significant part of your money in an index fund. FTSE 100 has a really good recovery record. So, investing into a fund matching the Footsie’s performance seems to be reasonable. But buying largest individual companies with high credit ratings might produce even better returns. There are plenty of these in the FTSE 100. A second stock market crash is ahead! This is why I think it can help you retire early Anna Sokolidou | Friday, 3rd July, 2020 Anna Sokolidou has no position in any of the shares mentioned in this article. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. The Motley Fool UK owns shares of and has recommended Amazon and Netflix. The Motley Fool UK has recommended eBay and recommends the following options: long January 2021 $18 calls on eBay, short January 2021 $37 calls on eBay, short January 2022 $1940 calls on Amazon, and long January 2022 $1920 calls on Amazon. 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. See all posts by Anna Sokolidoulast_img read more