Turnall Holdings Limited (TURN.zw) 2018 Annual Report

first_imgTurnall Holdings Limited (TURN.zw) listed on the Zimbabwe Stock Exchange under the Building & Associated sector has released it’s 2018 annual report.For more information about Turnall Holdings Limited (TURN.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the Turnall Holdings Limited (TURN.zw) company page on AfricanFinancials.Document: Turnall Holdings Limited (TURN.zw)  2018 annual report.Company ProfileTurnall Holdings Limited produces and markets materials for the building and construction industry in Zimbabwe. The company operates in a number of segments; building products which includes ceiling boards and roofing sheets, partitioning and fascia boards, flat sheets and ceiling molds; piping products which includes water and sewer reticulation pipes; and concrete products which includes roof tiles. The company also produces a line extension range that includes Turnallware flowerpots and garden décor product, Nutech non-asbestos sheets and Spanish pavers. The fiber cement division targets the low-income housing sector, local authorities and municipalities through two divisions; Turnall Building Products and Turnall Piping Products. Turnall Holdings Limited has distribution outlets in Zimbabwe, South Africa, Mozambique, Zambia and Malawi. Turnall Holdings Limited is listed on the Zimbabwe Stock Exchangelast_img read more

 

Multiverse Mining and Exploration Plc (MULTIV.ng) 2019 Annual Report

first_imgMultiverse Mining and Exploration Plc (MULTIV.ng) listed on the Nigerian Stock Exchange under the Mining sector has released it’s 2019 annual report.For more information about Multiverse Mining and Exploration Plc (MULTIV.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Multiverse Mining and Exploration Plc (MULTIV.ng) company page on AfricanFinancials.Document: Multiverse Mining and Exploration Plc (MULTIV.ng)  2019 annual report.Company ProfileMultiverse Mining and Exploration Plc (formerly Multiverse Resources Plc) is an exploration and mining company in Nigeria licensed to extract zinc, copper, gold, lead, tantalite, tin and barite ores. The company started a granite quarrying operation in 2005 in Ogun State and went from an installed capacity of 600 000 tons per annum to a over 1 millions tons in just over ten years across three locations in Nigeria. Multiverse Mining and Exploration Plc has a zinc and lead mine site at Abuni in Awe Local Government Area in Nasarawa State; and is expanding is mining operations to include exploration licenses to cover tin ore, tantalite ore and copper ore. Its company head office is in Lagos, Nigeria. Multiverse Mining and Exploration Plc is listed on the Nigerian Stock Exchangelast_img read more

 

Belle Mare Holding Ltd (BMHL.mu) Q12019 Interim Report

first_imgBelle Mare Holding Ltd (BMHL.mu) listed on the Stock Exchange of Mauritius under the Tourism sector has released it’s 2019 interim results for the first quarter.For more information about Belle Mare Holding Ltd (BMHL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Belle Mare Holding Ltd (BMHL.mu) company page on AfricanFinancials.Document: Belle Mare Holding Ltd (BMHL.mu)  2019 interim results for the first quarter.Company ProfileBelle Mare Holding Limited is a Mauritian investment company that engages in the commercial and property sectors. The company invests in ventures such as hotels and leisure, banks and insurance firms, as well as agriculture and exports. Belle Mare Holding Limited is headquartered in Port Louis, Mauritius. Belle Mare Holding Limited is listed on the Stock Exchange of Mauritius.last_img read more

 

Flour Mills Nigeria PLC (FLOURM.ng) HY2020 Interim Report

first_imgFlour Mills Nigeria PLC (FLOURM.ng) listed on the Nigerian Stock Exchange under the Food sector has released it’s 2020 interim results for the half year.For more information about Flour Mills Nigeria PLC (FLOURM.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Flour Mills Nigeria PLC (FLOURM.ng) company page on AfricanFinancials.Document: Flour Mills Nigeria PLC (FLOURM.ng)  2020 interim results for the half year.Company ProfileFlour Mills Nigeria Plc is a flour milling company in Nigeria with business interests in food production, packaging, agricultural industries, port operations and logistics and real estate. The company manufactures and sells past, noodle, edible oil and refined sugar as well as livestock feeds; supplies fertiliser; manufactures and markets laminated woven polypropylene sacks and flexible packing material; and grows and processes sugar cane, oil palm, fresh tropical fruit, poultry and cassava. Business interests in ports operations and logistics include operating Terminal A and B at the Apapa port and offering customs clearing, forwarding and shipping agents and logistics services. Flour Mills Nigeria Plc owns and manages real estate in Nigeria. The company is a subsidiary of Excelsior Shipping Company Limited. Its head office is in Lagos, Nigeria. Flour Mills Nigeria Plc is listed on the Nigerian Stock Exchangelast_img read more

 

Mainland Real Estate Ltd (MAIN.mu) Q32020 Interim Report

first_imgMainland Real Estate Ltd (MAIN.mu) listed on the Stock Exchange of Mauritius under the Investment sector has released it’s 2020 interim results for the third quarter.For more information about Mainland Real Estate Ltd (MAIN.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Mainland Real Estate Ltd (MAIN.mu) company page on AfricanFinancials.Document: Mainland Real Estate Ltd (MAIN.mu)  2020 interim results for the third quarter.Company ProfileMainland Real Estate Limited is a real estate company that is focused on investments in undervalued and high quality investment grade real estate assets as well as companies which deliver suitable returns for investors through both income and capital growth. Lux Island Resorts Limited is listed on the Stock Exchange of Mauritius.last_img read more

 

Kenya Commercial Bank Limited Group (KCB.ug) 2020 Abridged Report

first_imgKenya Commercial Bank Limited Group (KCB.ug) listed on the Uganda Securities Exchange under the Banking sector has released it’s 2020 abridged results.For more information about Kenya Commercial Bank Limited Group reports, abridged reports, interim earnings results and earnings presentations visit the Kenya Commercial Bank Limited Group company page on AfricanFinancials.Kenya Commercial Bank Limited Group Abridged Results DocumentCompany ProfileKenya Commercial Bank Limited (KCB Group) is a leading financial institution offering retail and corporate banking services in Uganda through its subsidiary company. KCB Group offers financial solutions ranging from current accounts, overdrafts and loans to fixed and short-term deposits, mortgage finance, trade finance and forex, and business investment accounts. The banking institution participates in investments in treasury bills and bonds with the central banks. Wholly-owned subsidiaries in the banking group include Kenya Commercial Finance Company Limited, Savings & Loan Kenya Limited, Kenya Commercial Bank Nominees Limited, Kencom House Limited, KCB Tanzania Limited, KCB Sudan Limited, KCB Rwanda SA and KCB Uganda Limited. Kenya Commercial Bank Limited is listed on the Uganda Securities Exchangelast_img read more

 

The Co-operative Bank of Kenya Limited (COOP.ke) Q12021 Presentation

first_imgThe Co-operative Bank of Kenya Limited (COOP.ke) listed on the Nairobi Securities Exchange under the Banking sector has released it’s 2021 presentation results for the first quarter.For more information about The Co-operative Bank of Kenya Limited reports, abridged reports, interim earnings results and earnings presentations visit the The Co-operative Bank of Kenya Limited company page on AfricanFinancials.Indicative Share Trading Liquidity The total indicative share trading liquidity for The Co-operative Bank of Kenya Limited (COOP.ke) in the past 12 months, as of 2nd June 2021, is US$15.27M (KES1.66B). An average of US$1.27M (KES138.31M) per month.The Co-Operative Bank of Kenya Limited Presentation Results for the First Quarter DocumentCompany ProfileThe Co-Operative Bank of Kenya Limited is a financial services institution offering banking products and services for the retail banking and wholesale banking sectors in Kenya. Its full-service offering ranges from transactional banking products to access accounts, LPO financing, invoice discounting services, term loans, asset finance and letters of credit. The company also provides medical, motor, general, life, agriculture and micro-business insurance as well as treasury products, fixed income and money market products and money transfer services. The Co-Operative Bank of Kenya was founded in 1965 and its head office is in Nairobi, Kenya. The company is a subsidiary of Co-op Holdings Co-operative Society Limited. The Co-Operative Bank of Kenya Limited is listed on the Nairobi Securities Exchangelast_img read more

 

One dividend stock I’d buy for my ISA before February, and one stock I’d avoid

first_img 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. Royston Wild | Sunday, 26th January, 2020 | More on: DNLM RCH 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. “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. Enter Your Email Address See all posts by Royston Wildcenter_img One dividend stock I’d buy for my ISA before February, and one stock I’d avoid 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! Those looking to buy some top dividend shares on a shoestring should look at Reach (LSE: RCH). The media giant’s share price has leapt 136% in 12 months yet on paper it remains spectacularly cheap. The small-cap stock trades on a forward price-to-earnings ratio of 3.5 times and boasts a giant 5.2% dividend yield, too.City analysts expect earnings to fall 5% at Reach, the owner of the Mirror line of titles as well as more recently the Express and Star mastheads, in 2020. The publishing market is tough, sure, as advertising budgets remain under no little pressure. But I reckon the company’s low rating fails to reflect the pace at which revenues at its digital operations are taking off.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…Online sales rose 14% between 1 July and 29 November, Reach reported last time it updated the market. This was up from 9% in the same 2018 period. And I expect the top line to keep soaring over the long term as Reach expands to grow its readership.I’m expecting another sunny set of numbers when full-year results come out on Monday, 24 February. I therefore reckon the publisher is a top income buy right now.Too expensive?I certainly won’t be buying Dunelm Group (LSE: DNLM) today, though. It’s loaded with risk as retail sales in the UK continue their steady decline. And yet this FTSE 250 stock commands a premium rating, a forward P/E rating of 21.6 times.That said, there’s sure to be an army of happy buyers in the lead up to half-year trading numbers scheduled for Wednesday, 12 February. Dunelm’s ability to defy gravity has been quite impressive, all told. The furniture specialist released another strong update last month. A 5% rise in like-for-like growth between June and August was also particularly decent in the context of the strong comparatives of a year earlier. Underlying sales rocketed almost 11% then.Dunelm’s refusal to engage in Black Friday promotions or pre-Xmas sales made that latest number even more impressive. This decision also boosted gross margins by 1.1% in the quarter. So what’s my beef, you may ask? Well that monster earnings multiple and smallish forward dividend yield (of 2.6%) means that Dunelm comes packed with plenty of risk but with potentially very little reward.Look elsewhereThe launch of its new digital platform may give the business more reason to expect sales to keep tearing higher (revenues generated via Dunelm.com jumped more than a third in the last quarter). City analysts expect earnings to rise 8% in the fiscal year to June 2020 and by 6% the following year.But with geopolitical and economic uncertainty threatening to linger through the rest of this calendar year and possibly beyond, too, I can’t help but fear that Dunelm might struggle to keep up the pace, and that its huge premium leaves it in danger of a share price correction. I’d rather park my hard-earned investment cash elsewhere. 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. Our 6 ‘Best Buys Now’ Shareslast_img read more

 

Why I’d buy this FTSE 250 share to generate a second income in retirement

first_img “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. 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 See all posts by Alan Oscroft 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. Why I’d buy this FTSE 250 share to generate a second income in retirement Simply click below to discover how you can take advantage of this.center_img Alan Oscroft has no position in any of the shares mentioned. The Motley Fool UK has recommended Primary Health Properties. 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. Image source: Getty Images. Alan Oscroft | Wednesday, 12th February, 2020 | More on: DNLM PHP 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. Dunelm (LSE: DNLM) shares gained 12% Wednesday morning, and have now soared by 80% over the past 12 months. That brings two possibilities to mind. Are they going to keep on rising, or is this a growth share that’s set for a fall?To put it into perspective a little, the share price is up 39% over five years, and it only started its recent climb at the end of 2018.5G 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…Wednesday’s interim results were behind the latest uptick, with revenue up 6% over the first half last year. Pre-tax profit rose by 19.4% to £84.9m, and the firm lifted its interim dividend by 6.7%. Free cash flow is down 29%, but at £64.4m I don’t really see anything to worry about.There’s net debt of £67.7m on the books (excluding IFRS 16 lease liabilities). But that’s of the same order of magnitude as six months of free cash flow, so no problem.GrowthWhere’s the growth coming from? Like so many retail businesses these days, online sales are making a significant contribution. The firm reported growth in tablet-based selling and click & collect (plus footfall too, so traditional shopping isn’t dead), saying the launch of its new digital platform is “enabling a new phase of growth for Dunelm.”My big issue is valuation, with the shares on forward P/E multiples above 20. I think that’s too steep for a soft furnishings retailer — or almost any retailer.I like Dunelm’s long-term income potential, but I see better buying opportunities ahead.HealthI mentioned on Monday that I’m keeping my eye on Primary Health Properties (LSE: PHP), whose shares are up 40% over the past 12 months. It’s another stock that I see as likely to provide steady long-term income, but also another that’s possibly on a bit of a heady growth valuation.Analysts are bullish for the next couple of years, and I think 2019 results released Wednesday support that optimism.Managing director Harry Hyman described the year as transformational, with the merger with MedicX the key event of the year. It was completed in March, and Hyman described it as “bringing together two high-quality and complementary portfolios in the UK and Ireland.” He added that it “provides a much stronger platform for the future and has already created significant value.“IncomeNet rental income for the year increased by 51%, with adjusted EPRS earnings up 62%. On a per-share basis for the merged company, EPS gained 5.8% and the dividend was lifted by 3.7%.With an adjusted net asset value per share of 108p, the shares are currently priced at a premium of 51%. Is that too high? Well, I can only see demand for Primary Health’s healthcare real estate growing in the coming years. It’s also immune to factors that effect residential property, and is not at risk from retail pressure on the wider commercial sector.We might see better buying opportunities in the medium term. But this is my pick of the two for long-term income with growth potential — and one to maybe top-up in any dips.last_img read more

 

This FTSE 100 giant isn’t the only growth stock I’ve started buying

first_img Image source: Getty Images Simply click below to discover how you can take advantage of this. 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. See all posts by Paul Summers “This Stock Could Be Like Buying Amazon in 1997” Our 6 ‘Best Buys Now’ Shares 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. Here at the Fool UK, we think investors should regard the recent market crash as an opportunity. That said, we also think it shouldn’t be used as an excuse to buy any old tat.If you’re going to dip your toe into choppy waters and invest for the long term, you may as well focus on quality growth stocks.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 is what I think (hope) I’ve done with two new additions to my own portfolio this month. Drum roll, please…Market leaderSome might baulk at my decision to begin building a stake in property portal Rightmove (LSE: RMV). After all, the housing market has pretty much collapsed since the outbreak of the coronavirus outbreak and could struggle to bounce back in its aftermath.So, what’s got me buying? There are a few reasons.First, FTSE 100 constituent Rightmove is the undisputed market leader in what it does. For many, it is the housing market. All attempts by competitors to snatch user eyeballs to date have failed. That’s the sort of economic moat I look for.Second, this is a company that generates staggeringly high returns on capital employed (ROCE). This is the amount of profit it makes relative to the money it invests in the business.For fund managers like Terry Smith, ROCE is one of the key metrics to look for when ascertaining whether it’s worth buying a particular growth stock. And he’s not done too badly with this strategy. Third, Rightmove has a great balance sheet with £24m net cash at the end of 2019. The recent decision to withdraw the final dividend will help bolster things further.Fourth, Rightmove’s share price — at the time of writing — is 30% down from where it peaked in February. While anchoring to a historic price should be avoided, I suspect a fair bit of negativity is already priced in. But might the shares continue falling? Absolutely! And it’s for this reason I’ve only put a very small amount of my capital to work for now.Another top growth stockA second company I’ve started buying in April shares a lot of Rightmove’s characteristics and attractions. It’s an online business with a great brand, high returns on capital and stonking margins. Unlike Rightmove, however, this company’s services are popular with those looking to save rather than spend money.Step forward price comparison specialist Moneysupermarket.com (LSE: MONY). If we truly are heading for the mother of all recessions then I think it likely traffic to the FTSE 250 member’s site will only increase.People will still need to renew contracts and policies in tough times, but they’ll be more motivated than ever to do so as cheaply as possible. While dependent on what providers, such as banks and insurance companies, are willing to offer consumers, the firm’s multiple revenue streams should also give it some protection, even if some products are withdrawn. Like Rightmove, Moneysupermarket’s finances look steady. The company had net cash of £30m at the end of March and has decided to go ahead with paying its final dividend for last year.Again, I’ve only bought a small slice for now. But I’ll definitely be looking to add more if (and that’s a sizeable ‘IF’) markets sink back to levels seen in March. center_img Paul Summers | Sunday, 19th April, 2020 | More on: MONY RMV Enter Your Email Address Paul Summers owns shares in Moneysupermarket.com and Rightmove. The Motley Fool UK has recommended Moneysupermarket.com 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. 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! This FTSE 100 giant isn’t the only growth stock I’ve started buyinglast_img read more