Nigerian Breweries
In comparism to other blue chip stock listed on the NSE, NB is a complete flop! investors have lost a lot of money in NB stocks, the prices are almost stagnant since the past two years, with no impressive dividend or bonus to sustain it.
I think their problem started last time they decided to give bonus shares of 1for 1 without a concrete plan about how future earnings could satisfy the enlarged share holders.
Fundamentally the company looks strong but their retun on investment is an absolute disaster, people have lost quite some money in floundering share prices. On the positive side, lets pray the company gets better soon.
And please where is Specnomics, we are missing him in da house !
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