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Some companies present strong fundamentals, but relative to similar companies in the same sub-sector, have a low P/E Ratio. This indicates a green light in the medium and long term. However, there is hardly any viability index that perfectly portends a positive or negative present and/or future for a company. So, though a high P/E [...]
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Loading ...Omatek Ventures Plc was listed very recently in the computer and office equipments sub sector of the Nigerian Stock Exchange. The company made its debut by introducing a total of 2,941,789,472 units ordinary share of 50 kobo each at N4.90 per share. Recent development reveal that the 21-year-old company is beginning to live up to [...]
(1 votes, average: 1 out of 5) Loading ...Aiico Insurance Plc, last week released its first quarter 2008 results on the floor of the Nigerian Stock Exchange. As a direct result of the re-capitalization in the industry, Aiico Plc posted an over 160 over cent leap in the top line, and well over 300 per cent increase in its profit after tax for [...]
(No Ratings Yet) Loading ...Starcomms Plc, a telecommunications outfit, was commercially launched in 1999 and its deployment of the world class CDMA technology in 2002 has exponentially taken the company to its current position of over 1,000,000 customers in Lagos, Kano, Maiduguri, Port-Harcourt, Ibadan, Abuja, Aba,Onitsha, Asaba, Kaduna, Zaria and Benin. In 2002 the company introduced a revolutionary marketing [...]
(3 votes, average: 2.33 out of 5) Loading ...Recent developments have revealed that the last has not been heard of the Cadbury Plc’s financial misstatement saga that was uncovered about two years ago, involving its former Managing Director, Financial Controller and some other principal officers. The Investment and Securities Tribunal, last week enforced a full suspension sanction on the company’s shares. [...]
(No Ratings Yet) Loading ...The year ended 31st December 2007 Fully audited result of Regency Alliance Insurance plc, was made available to the Nigerian Stock Exchange today. The insurance sector company sector whose major business is general insurance, is proposing a 1 for 4 bonus share issue to her ordinary share holders, but has not mentioned any thing about [...]
(3 votes, average: 2.33 out of 5) Loading ...Today Stanbic IBTC Bank released its results for the third quarter ended 31 December 2007 to the floors of the Nigerian Stock Exchange. A comparative breakdown of the results showed that its gross earnings increased by 36.60 percent from N21.123 billion in March 2007 to N28.855 billion in December 2007. Profit before tax for the [...]
(4 votes, average: 1 out of 5) Loading ...
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