International Breweries Plc (INTBRE.ng) Q32018 Interim Report

first_imgInternational Breweries Plc (INTBRE.ng) listed on the Nigerian Stock Exchange under the Beverages sector has released it’s 2018 interim results for the third quarter.For more information about International Breweries Plc (INTBRE.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the International Breweries Plc (INTBRE.ng) company page on AfricanFinancials.Document: International Breweries Plc (INTBRE.ng)  2018 interim results for the third quarter.Company ProfileInternational Breweries Plc is a brewery in Nigeria which brews, packages and markets a range of beer and non-alcoholic malt beverages. The company is known for its beer sold under the Trophy brand name and non-alcoholic malt drink sold under the Betamalt brand name, namely Trophy Lager, Trophy Black and Betamalt malt drink. Other brands packaged and marketed by International Breweries Plc include Castle Milk Stout, Castle Lager, Redds, Hero, Grand Malt and Voltic Water. The company’s head office is in Osun State, Nigeria and its distribution centres are in Ibadan, Lagos and Ilorin. International Breweries Plc is listed on the Nigerian Stock Exchangelast_img read more

British American Tobacco Kenya Limited (BAT.ke) 2018 Abridged Report

first_imgBritish American Tobacco Kenya Limited (BAT.ke) listed on the Nairobi Securities Exchange under the Agricultural sector has released it’s 2018 abridged results.For more information about British American Tobacco Kenya Limited (BAT.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the British American Tobacco Kenya Limited (BAT.ke) company page on AfricanFinancials.Document: British American Tobacco Kenya Limited (BAT.ke)  2018 abridged results.Company ProfileBritish American Tobacco (BAT) Kenya Limited grows, manufactures and sells tobacco products in Kenya. Cigarettes and other tobacco products in its product range include Dunhill, Rothmans, Embassy, Sportsman, SM, Safari and Rooster. The local cigarette brand produced for the Kenyan market is Embassy. The company also exports tobacco products to 13 countries in the African sub-region. The Kenyan enterprise is a subsidiary of the world’s most prestigious international tobacco business, parent company British American Tobacco Group. BAT Kenya was founded in 1907 and formerly known as BAT Kenya Limited. It changed its name to British American Tobacco Kenya Limited in 1998. British American Tobacco Kenya Limited is listed on the Nairobi Securities Exchangelast_img read more

Olympia Capital Holdings Limited (OCH.ke) 2018 Annual Report

first_imgOlympia Capital Holdings Limited (OCH.ke) listed on the Nairobi Securities Exchange under the Industrial holding sector has released it’s 2018 annual report.For more information about Olympia Capital Holdings Limited (OCH.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Olympia Capital Holdings Limited (OCH.ke) company page on AfricanFinancials.Document: Olympia Capital Holdings Limited (OCH.ke)  2018 annual report.Company ProfileOlympia Capital Holdings Limited manufactures and sells products for the home restoration, building and construction sectors in Kenya. Products in its range include floor tiles, PVC windows and door frames, cleaning chemicals, adhesives as well as fire prevention equipment and water pumps sold through its subsidiary, Mather & Platt (Kenya) Limited. Kalahari Floor Tiles is a subsidiary company in Botswana and Tjespro (171) Trading Pty Ltd is a subsidiary company in Cape Town. The company also has interests in real estate including Avon Centre and Heri Heights Limited. Formerly known as Dunlop Kenya Limited, the company changed its name to Olympia Capital Holdings Limited in 2004. Established in 1968, the company was founded to manufacture vinyl floor tiles, adhesives and sports equipment. Olympia Capital Holdings Limited is listed on the Nairobi Securities Exchangelast_img read more

Padenga Holdings Limited (PHL.zw) 2017 Abridged Report

first_imgPadenga Holdings Limited (PHL.zw) listed on the Zimbabwe Stock Exchange under the Agricultural sector has released it’s 2017 abridged results.For more information about Padenga Holdings Limited (PHL.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the Padenga Holdings Limited (PHL.zw) company page on AfricanFinancials.Document: Padenga Holdings Limited (PHL.zw)  2017 abridged results.Company ProfilePadenga Holdings Limited is the leading supplier of crocodile skins and meat in Zimbabwe, accounting for nearly 85% of the global supply of Nile crocodile skins used for high-end luxury fashion brands. The company operates three crocodile breeding and production farms in Zimbabwe; Kariba Crocodile Farm, Ume Crocodile Farm and Nyanya Crocodile Farm. Each farm has the capacity to breed close to 15 000 hatchlings per year. Nile alligators are bred at Lone Star Alligator Farm in Texas, USA. Padenga Holdings Limited produces crocodile skin and meat products for consumption by the local market and for export to European and Asian markets. Padenga Holdings Limited is listed on the Zimbabwe Stock Exchangelast_img read more

Umeme Limited (UMEME.ug) 2018 Abridged Report

first_imgUmeme Limited (UMEME.ug) listed on the Uganda Securities Exchange under the Energy sector has released it’s 2018 abridged results.For more information about Umeme Limited (UMEME.ug) reports, abridged reports, interim earnings results and earnings presentations, visit the Umeme Limited (UMEME.ug) company page on AfricanFinancials.Document: Umeme Limited (UMEME.ug)  2018 abridged results.Company ProfileUmeme Limited supplies and distributes electricity in Uganda. It is the main electricity distribution company in the region; operating and maintaining a distribution network of some 31 790 kilometres of medium and low voltage electricity lines as well as providing after-sales services to its customers. Umeme Limited supplies electricity for domestic, commercial, industrial and public works usage, and is responsible for the purchase of electricity for Independent Power Producers. Umeme Limited is a subsidiary of Umeme Holdings; which is a subsidiary of Actis Infrastructure 2LP. Umeme Limited took over the supply and distribution of electricity in Uganda from UEDCL under a 20-year concession period. Umeme Limited is listed on the Uganda Securities Exchangelast_img read more

Les Moulins de la Concorde Ltee (LMLC.mu) Q12020 Interim Report

first_imgLes Moulins de la Concorde Ltee (LMLC.mu) listed on the Stock Exchange of Mauritius under the Industrial holding sector has released it’s 2020 interim results for the first quarter.For more information about Les Moulins de la Concorde Ltee (LMLC.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Les Moulins de la Concorde Ltee (LMLC.mu) company page on AfricanFinancials.Document: Les Moulins de la Concorde Ltee (LMLC.mu)  2020 interim results for the first quarter.Company ProfileLes Moulins de la Concorde Limitée (Ordinary) is headquartered in in Port-Louis, Mauritius. The company manufactures, distributes and sells wheat flour in Mauritius. Les Moulins de la Concorde Limitée exports product to Comoros, Seychelles, Reunion, Madagascar, and Mayotte as well through the company’s brand names Blédor and Les Moulins. The company also produces premix and multigrain premix flour for the manufacture of bread products under the DOMIX brand name, breads and bakery products under the OPTIMAL brand name and flour products for the manufacture of white bread under the Concorde brand name. In addition, the company provides flour for making pastries, donuts, puris, pastry flour for baking, and animal feed. Les Moulins de la Concorde Limitée (Ordinary) is listed on the Stock Exchange of Mauritius.last_img read more

Caverton Offshore Support Group Plc (CAVERT.ng) Q12020 Interim Report

first_imgCaverton Offshore Support Group Plc (CAVERT.ng) listed on the Nigerian Stock Exchange under the Transport sector has released it’s 2020 interim results for the first quarter.For more information about Caverton Offshore Support Group Plc (CAVERT.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Caverton Offshore Support Group Plc (CAVERT.ng) company page on AfricanFinancials.Document: Caverton Offshore Support Group Plc (CAVERT.ng)  2020 interim results for the first quarter.Company ProfileCaverton Offshore Support Group Plc is a fully integrated offshore support company in Nigeria offering marine and aviation logistics services for the oil and gas industry in sub-Sahara Africa. The company provides offshore and onshore logistic support with helicopters and fixed-wing aircraft; private charter services for air tours and aerial photography; maintenance, repair and overhaul services for helicopters; and executive ground handling services for helicopter and private jets. Caverton Offshore Support Group Plc owns and manages marine vessels which includes anchor handling tug supply vessels for positioning, maintaining and moving oil and gas rigs; and platform supply vessels for transporting equipment to offshore platforms. The Caverton Group was formed to acquire Caverton Helicopters Limited and Caverton Marine Limited, both of which were already operating in the Nigerian offshore oil and gas logistics industry. The company’s head office is in Lagos, Nigeria. Caverton Offshore Support Group Plc is listed on the Nigerian Stock Exchangelast_img read more

Forget gold and cash ISAs! I’d buy fallen FTSE 100 shares to get rich and retire early

first_imgForget gold and cash ISAs! I’d buy fallen FTSE 100 shares to get rich and retire early 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. Image source: Getty Images. Kevin Godbold | Monday, 4th May, 2020 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. 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! Some investors see gold as a safe-haven in troubled economic times. And since the middle of 2018, the price of the yellow shiny stuff has been moving higher.But at around $1,700 per troy ounce, the spot price of gold is near its all-time high. Perhaps that reflects all the economic uncertainty we’ve seen in the world. However, when it comes to investing in gold now, for me, there’s a problem.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…Downside risksWhat if – and you’ll need to use your imagination here – what if as the coronavirus crisis fades things start to look better economically? That’s the problem with markets trading near their highs – there’s almost always a lot of room for reversals. And if you are loaded up with gold or instruments following gold, a big improvement in the economic outlook could mean a lot of downside risk for you.I’d look for safer investments than gold. But I wouldn’t entertain putting money in a Cash ISA either. There’s just been another lurch down in interest rates and that’s a direct consequence of general economic uncertainty. When economies are weak and threatening to slump, central banks tend to use monetary policy to try to stimulate economic activity. And that means lower interest rates.Low interest rates have become the new normal. Indeed, money salted away in cash savings is worse than dead money because it’s more likely to be losing its spending power rather than being a store of value.Shares – the enduring asset classInstead of gold and Cash ISAs, I’d turn to shares trading in the stock market. Studies have shown that over the long term, shares in aggregate have outperformed all other asset classes. Indeed, over long time frames, investors have seen greater returns from shares than they have from property, bonds, and cash savings, for example.And that makes sense when you think about the resilience of many businesses underlying stocks. A business is a dynamic thing. It can grow its asset base and earnings as it expands. It can cope with inflation by putting up its selling prices. And it can gear up or down financially to suit its opportunities and to adjust to the prevailing economic conditions.Businesses can do many things, and holding a well-diversified portfolio of company shares can be a decent route to getting rich and retiring early. But I reckon the key to successful long-term stock investing is to choose your individual shareholdings carefully. Businesses differ in their underlying strengths and weaknesses. For me, the best course of action is to deal only with the best and highest-quality stocks available.And we can find many in the FTSE 100 index of the UK’s largest public limited companies. I’d diversify across several and aim to buy them when a short-term set-back has caused the temporary suppression of profits and share prices – such as right now!center_img 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. Simply click below to discover how you can take advantage of this. Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” See all posts by Kevin Godboldlast_img read more

Is the Vodafone share price too cheap to ignore?

first_img 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. 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. Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” See all posts by Alan Oscroft Alan Oscroft 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.center_img Enter Your Email Address Alan Oscroft | Wednesday, 17th June, 2020 | More on: VOD Image source: Getty Images. For a long time, I viewed Vodafone (LSE: VOD) shares as overpriced. Compared to its peers, I really saw no justification for Vodafone commanding a significantly higher fundamental valuation. But, over the past five years, the Vodafone share price has fallen by 44%, and I’m finding it harder to ignore.The Covid-19 crisis has taken its toll, though I’m not really sure why. Vodafone’s business really is a very long-term one, and I don’t see how even the 2020 economic catastrophe should have any lasting effect. Perhaps it’s just fears over general economic malaise, but the Vodafone share price did crash by 33% at the lowest point of 2020.5G 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…Recovering stronglySigns of a FTSE 100 recovery are emerging, and Vodafone looks like it’s ahead of the trend. Since its low point in March, the share price has gained 30%. So far in 2020, Vodafone has fallen a relatively modest 12%, compared to 17% for the FTSE 100.Vodafone’s full-year results, released on 12 May, give me cause for optimism too. I’ve criticised Vodafone in the past for carrying too much debt. Oh, and for paying out big dividends that weren’t covered by earnings. That’s effectively borrowing money to pay to shareholders, and I see no sense in it.Dividend more realisticBut Vodafone reduced its dividend in 2019. And the latest results suggest it’s finally paying attention to its balance sheet and trying to cut costs. Debt remains my greatest concern, and I think it will continue to put pressure on the Vodafone share price. At 31 March, net debt stood at a whopping €42.2bn. That’s more than half as much again as the €27bn a year previously. And it represents a net debt to adjusted EBITDA ratio of 2.8 times, a big escalation on 2019’s figure of 1.9 times.But the debt situation is complicated. Vodafone says the figures represent “net debt adjusted in FY20 to exclude derivative gains in cash flow hedge reserves, the corresponding losses for which are not recognised on the bonds within net debt and which are significantly increased due to COVID-19 related market conditions.”That’s too complex for me to try to unpick here. But I definitely want to see how debt management goes over the coming year.Vodafone share price cheap?Vodafone also seems to me to be getting its focus a bit, well, better focused. In the past, it’s looked to me more like a jumble of disparate businesses rather than the joined-up global telecoms powerhouse that it needs to be. That’s changing, as the firm’s been shedding some non-core businesses and concentrating on its key strengths.Then there’s the dividend. With Vodafone, you can bag yourself a forecast 6.2%, which is rare among FTSE 100 stocks now. And, though I’m still wary of paying out too much money while in debt, I see it as reasonably safe.So yes, I like the Vodafone share price now. And I reckon 2020 could turn out to be the year to buy. In fact, 2020 could be telecoms’ year. Is the Vodafone share price too cheap to ignore? 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

2020 stock market recovery: I’d buy these 2 cheap FTSE 100 shares to make a million

first_img Peter Stephens | Thursday, 2nd July, 2020 | More on: BARC BRBY Simply click below to discover how you can take advantage of this. 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. Image source: Getty Images. “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. Peter Stephens owns shares of Barclays. The Motley Fool UK has recommended Barclays and Burberry. 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. Enter Your Email Addresscenter_img The FTSE 100’s track record suggests a stock market recovery from the 2020 crash is likely. Certainly, it may take time for some large-cap shares to deliver improving stock price performances. However, long-term investors may be able to buy them today and experience impressive capital gains in the coming years.With that in mind, here are two large-cap shares that could offer good value for money after the recent crash. They could be worth buying as part of a diverse portfolio of stocks, and may improve your chances of making a million.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…BurberryStore closures have had a major impact on FTSE 100-listed Burberry’s (LSE: BRBY) financial performance over recent months. Its full-year results stated that half of its stores remain closed, which is clearly set to have a continued negative effect on its financial performance.However, as the world economy gradually recovers, the luxury goods group could produce a share price turnaround. It was making excellent progress in implementing its strategy prior to the pandemic. For example, Burberry had enjoyed significant success releasing its new products under a new design footprint. It was also shifting its focus towards social and environmental concerns, which appeared to be resonating with consumers.Since Burberry seems to have a sound balance sheet and is making progress in becoming more efficient, it looks set to overcome the near-term challenges faced by the consumer goods sector. As such, with its strong brand and what appears to be a sound long-term strategy, it could be worth buying after its 25% share price decline since the start of the year.The FTSE 100 stock seems to have the potential to bounce back as investor sentiment and global GDP growth improve over the long run.FTSE 100 bank BarclaysAnother FTSE 100 share that’s fallen heavily in 2020 is Barclays (LSE: BARC). Its shares are currently down around 38% year-to-date, and could yet come under further pressure should economic data continue to disappoint.The bank’s recent update highlighted positives, such as costs at the lower end of expectations and its financial position being relatively sound. However, it faces a period of potentially lower demand for many of its products. Lower interest rates may also cause the profitability of the wider sector to deteriorate. This could inhibit improvements in investor sentiment.However, with Barclays having a relatively diverse business model and what appears to be a sound overall strategy, it could deliver improving performance as the world economy recovers. With its shares trading this year at their lowest level since the 2009 financial crisis, they could offer a wide margin of safety that allows them to produce capital growth over the long run.Therefore, now could be the right time to buy them prior to the FTSE 100’s likely recovery from its 2020 market crash. Our 6 ‘Best Buys Now’ Shares 2020 stock market recovery: I’d buy these 2 cheap FTSE 100 shares to make a million 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! See all posts by Peter Stephenslast_img read more