Mutual Benefits Assurance Plc (MBENEF.ng) 2017 Annual Report

first_imgMutual Benefits Assurance Plc (MBENEF.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2017 annual report.For more information about Mutual Benefits Assurance Plc (MBENEF.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Mutual Benefits Assurance Plc (MBENEF.ng) company page on AfricanFinancials.Document: Mutual Benefits Assurance Plc (MBENEF.ng)  2017 annual report.Company ProfileMutual Benefits Assurance Plc is a general and life insurance company in Nigeria providing services for underwriting and risk management as well as retail and microfinance banking. General insurance covers the protection of assets and indemnification of other parties; and Life insurance covers risk of premature death, disability, critical illness and other accidents. The company also offers property insurance, fire and special perils insurance, professional indemnity, liability/bond insurance, goods-in-transit insurance, personal insurance, keyman assurance and mortgage protection. Mutual Benefits Assurance has business interests in real estate development and management and operates a Microfinance Bank which provides retail and microfinance banking services at a community level. The company’s head office is in Lagos, Nigeria. Mutual Benefits Assurance Plc is listed on the Nigerian Stock Exchangelast_img read more

TATEPA Limited (TATEPA.tz) 2018 Annual Report

first_imgTATEPA Limited (TATEPA.tz) listed on the Dar es Salaam Stock Exchange under the Agri-industrial sector has released it’s 2018 annual report.For more information about TATEPA Limited (TATEPA.tz) reports, abridged reports, interim earnings results and earnings presentations, visit the TATEPA Limited (TATEPA.tz) company page on AfricanFinancials.Document: TATEPA Limited (TATEPA.tz)  2018 annual report.Company ProfileTanzania Tea Packers Limited (TATEPA) is an agricultural holding company involved in growing, processing, blending, packing and selling tea in Tanzania and for international export. The company also has interests in growing and distributing avocadoes and tropical fruit. Tatepa Limited holds a 75% stake in Wakulima Tea Company Limited which grows, processes and sells tea for local and export markets; a 74.3% stake in Rungwe Avocado Company Limited which grows, packs and exports avocadoes; and a 54.4% stake in Freshfields Investments Limited. Other subsidiary companies include Kibena Tea Limited which grows and processes tea and Chai Bora Limited which blends, packages and markets packed tea in Tanzania and for international export. TATEPA Limited is listed on the Dar es Salam Stock Exchangelast_img read more

A-Cap Energy Limited (ACAP.bw) Q32019 Interim Report

first_imgA-Cap Energy Limited (ACAP.bw) listed on the Botswana Stock Exchange under the Mining sector has released it’s 2019 interim results for the third quarter.For more information about A-Cap Energy Limited (ACAP.bw) reports, abridged reports, interim earnings results and earnings presentations, visit the A-Cap Energy Limited (ACAP.bw) company page on AfricanFinancials.Document: A-Cap Energy Limited (ACAP.bw)  2019 interim results for the third quarter.Company ProfileA-Cap Energy Limited formerly (A-Cap Resources Limited), listed on the Botswana Stock Exchange, is an Australian-based mineral exploration company with extensive interests in Botswana where it holds over 5 000 square kilometres of exploration licenses. A-Cap is the first company to produce a JORC compliant uranium resource in Botswana and is a significant contributor to the world’s uranium stock. Its main activity is centered on the ongoing feasibility study of the Letlhakane Uranium Project in the northeast of Botswana, and the Southern Pans Project which is located northwest of Letlhakane and the Bolau Prospects to the north. A-Cap also has extensive interests in coal exploration with various tenement portfolios in Botswana.last_img read more

B.O.C. Gases Plc (BOCGAS.ng) HY2019 Interim Report

first_imgB.O.C. Gases Plc (BOCGAS.ng) listed on the Nigerian Stock Exchange under the Energy sector has released it’s 2019 interim results for the half year.For more information about B.O.C. Gases Plc (BOCGAS.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the B.O.C. Gases Plc (BOCGAS.ng) company page on AfricanFinancials.Document: B.O.C. Gases Plc (BOCGAS.ng)  2019 interim results for the half year.Company ProfileBOC Gases Nigeria Plc manufactures and distributes gases for the industrial and medical sectors in Nigeria including argon, nitrogen carbon dioxide and oxygen. The company also manufactures and distributes welding products and sells a range of medical equipment. Established in 1959 and formerly known as Industrial Gases Plc, the company changed its name to BOC Gases Nigeria Plc in 1997. In 2006, The Linde Group AG acquired a 60% stake in the business with the balance held by Nigerian shareholders. As part of The Linde Group, BOC Gases Nigeria has access to the largest industrial gases and welding products enterprise in Africa namely African Oxygen Plc (Afrox). The company’s head office is in Lagos, Nigeria. BOC Gases Nigeria Plc is listed on the Nigerian Stock Exchangelast_img read more

Intravenous Infusions Limited (IIL.gh) HY2019 Interim Report

first_imgIntravenous Infusions Limited (IIL.gh) listed on the Ghana Stock Exchange under the Pharmaceuticals sector has released it’s 2019 interim results for the half year.For more information about Intravenous Infusions Limited (IIL.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the Intravenous Infusions Limited (IIL.gh) company page on AfricanFinancials.Document: Intravenous Infusions Limited (IIL.gh)  2019 interim results for the half year.Company ProfileIntravenous Infusions Limited (IIL) was incorporated in 1969 and began operations in 1974 as the first pharmaceutical company producing intravenous fluids in Ghana. The main business activity of IIL is the production of intravenous infusions for therapeutic purposes. Intravenous infusion therapy, commonly called IV, refers to the administration of fluids, drugs, or blood directly into the circulatory system through a vein. Intravenous Infusions Limited is listed on the Ghana Stock Exchangelast_img read more

ZB Financial Holdings Limited (ZBFH.zw) HY2019 Interim Report

first_imgZB Financial Holdings Limited (ZBFH.zw) listed on the Zimbabwe Stock Exchange under the Banking sector has released it’s 2019 interim results for the half year.For more information about ZB Financial Holdings Limited (ZBFH.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the ZB Financial Holdings Limited (ZBFH.zw) company page on AfricanFinancials.Document: ZB Financial Holdings Limited (ZBFH.zw)  2019 interim results for the half year.Company ProfileZB Financial Holdings Limited provides financial solutions to the commercial and merchant banking sector in Zimbabwe, as well as retail banking services, insurance operations and strategic investments. Known as Zimbank, the company services its clients through a nationwide footprint of branches in major towns and cities in Zimbabwe and electronic delivery channels. The Insurance division provides structured insurance products for short- and long-term insurance; and the Strategic Investment division offers shared services which include risk management, compliance and human resources, and investments in property holdings and sub-sectors of the financial sector. ZB Financial Holdings Limited is listed on the Zimbabwe Stock Exchangelast_img read more

UACN Property Development Plc (UACPR.ng) HY2020 Interim Report

first_imgUACN Property Development Plc (UACPR.ng) listed on the Nigerian Stock Exchange under the Property sector has released it’s 2020 interim results for the half year.For more information about UACN Property Development Plc (UACPR.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the UACN Property Development Plc (UACPR.ng) company page on AfricanFinancials.Document: UACN Property Development Plc (UACPR.ng)  2020 interim results for the half year.Company ProfileUACN Property Development Plc is a property investment company in Nigeria that buys, develops, sells, leases and manages commercial and residential accommodation and retail space. The company offers accommodation options in the luxury, premium and classic sectors of the real estate market. UACN Property Development Plc also owns and operates a hotel in Lagos which includes conferencing and banquet facilities. Its head office is in Lagos, Nigeria. UACN Property Development Plc is listed on the Nigerian Stock Exchangelast_img read more

MPICO Limited (MPICO.mw) Q42020 Interim Report

first_imgMPICO Limited (MPICO.mw) listed on the Malawi Stock Exchange under the Property sector has released it’s 2020 interim results for the forth quarter.For more information about MPICO Limited (MPICO.mw) reports, abridged reports, interim earnings results and earnings presentations, visit the MPICO Limited (MPICO.mw) company page on AfricanFinancials.Document: MPICO Limited (MPICO.mw)  2020 interim results for the forth quarter.Company ProfileMalawi Property Investment Company Limited (MPICO) is a property company with interests in property development, rentals and property management. The company owns, leases, manages and develops commercial, residential and industrial properties in major towns and cities in Malawi. MPICO’s property portfolio includes offices, high-rise buildings, residential homes, warehouses and retail outlets; providing property solutions for clients in the major towns and cities of Malawi, including Blantyre, Lilongwe and Mzuzu. MPICO owns 35 commercial buildings and a selection of flats, private-lease houses and guest lodges; Its subsidiaries included Capital Developments Limited and New Capital Properties Limited. Malawi Property Investment Company Limited (MPICO) is listed on the Malawi Stock Exchangelast_img read more

3 dirt-cheap 8%-yielding FTSE 100 dividend stocks I’d buy in 2020

first_img3 dirt-cheap 8%-yielding FTSE 100 dividend stocks I’d buy in 2020 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. Enter Your Email Address The FTSE 100 achieved one of its best performances since the financial crisis in 2019. However, despite this achievement, there are still plenty of bargains on offer in the index, especially for income seekers.Here are three such companies that look both undervalued and offer a market-beating dividend yield.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…PersimmonHomebuilder Persimmon (LSE: PSN) has come under fire over the past 12 months due to concerns about the quality of the company’s housing. Recent trading updates from the business show the impact this has had on performance.The company’s latest trading update showed a 2.4% decline in revenues. This reflected the group’s actions to spend more time on the quality of its homes, according to management.Despite these issues, customers are still queuing up to buy Persimmon properties. At the end of December, the group had a total forward sales pipeline of nearly £1.4bn, locking in half a year of revenue.As well as the company’s forward sales pipeline, at the end of the year, it had a cash balance of £844m, which should be more than enough to support distributions to investors for the next 12 months.Persimmon is looking to pay out a total of 234p per share to investors this year, giving a dividend yield of 7.7% on the current share price.Taylor WimpeyStaying with the homebuilding sector, Taylor Wimpey (LSE: TW) also looks to be an excellent income investment for 2020. Like its larger peer, Taylor is a cash cow.Its latest trading update shows that the company ended 2019 with £546m of cash on the balance sheet. That’s after a £644m capital return to investors in 2019.In 2020, management is targeting a total cash return of £610m. This should give a dividend yield of 8.3% on the current share price.And the outlook for the company’s dividend seems robust as well. It ended 2019 with a record total order book of £2.2bn, representing nearly 10,000 homes. These numbers suggest that the business could be on track to surpass its entire output for 2019 over the next 12 months.It delivered approximately 16,000 homes in 2019 after ending 2018 with an order book of nearly 8,000 homes. These numbers insinuate the company could provide as many as 20,000 homes in 2020, a record for the group.As such, now could be a great time to snap up shares in this booming business.Imperial BrandsTobacco group Imperial Brands (LSE: IMB) has been an income favourite for years.However, recent growth concerns have sent the stock plunging. Tobacco consumption around the world is declining, and tobacco companies are having to innovate to try and stay ahead of the curve.E-cigarettes were supposed to be the industry’s saviour, but after a spate of vaping deaths across the US, the backlash has meant sales growth has slowed substantially. Investors have been quick to punish Imperial and its peers as growth has slowed.Still, for income investors, the stock appears to offer value. It is currently trading at a price-to-earnings (P/E) ratio of 7.3. The shares also support a dividend yield of 11%. This implies the stock offers a wide margin of safety. The distribution is covered 1.3 times by earnings per share, which also means that the payout is relatively safe for the time being.As such, now could be a great time to snap up this income champion at a discounted price. Rupert Hargreaves | Saturday, 1st February, 2020 | More on: IMB PSN TW Our 6 ‘Best Buys Now’ Shares See all posts by Rupert Hargreavescenter_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. “This Stock Could Be Like Buying Amazon in 1997” 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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Rupert Hargreaves owns shares in Imperial Brands. The Motley Fool UK has recommended Imperial Brands. 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.last_img read more

£2K to invest? I’d check out these 2 high-flying FTSE 250 growth stocks

first_img Too many investors overlook the FTSE 250, but they shouldn’t. The index of medium-sized UK companies is packed full of gems which, by dint of being smaller can grow faster, with many set to become the blue-chips of the future.The following two saw their share prices climb more than two thirds last year, and they could have further to go this year.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…Polypipe GroupPolypipe Group (LSE: PLP), which delivers sustainable water and climate management solutions for the built environment, returned almost 70% to shareholders in 2019, despite what it called tough trading conditions.Its most recent update, from October, talked up a “resilient performance” in tough markets, but group revenue, nonetheless, rose 4.3% to £381.7m, with operating margins up 30 basis points, boosted by “margin accretive acquisitions and strong cost controls.”This was before the general election, during a time when Brexit uncertainty squeezed domestic firms like this one, so it will be interesting to see if it benefits from any Boris bounce. The £1.1bn group has several factors in its favour, which it identifies as the “structural housing shortage, historically low interest rates, real wage growth, and near full employment.” If you’re bullish on the UK economy, this could be a good way to play its recovery. Despite its strong share price growth, the Polypipe share price isn’t too expensive, trading at 17.4 times future earnings.  Growth forecasts also look positive, with 8% expected this year, and 7% in 2021. You get a forecast yield of 2.5%, although this is primarily a growth stock, and one that may repay further digging.AvastCyber-security specialist Avast (LSE: AVST) also flew in 2019, as it continues to benefit from operating in a rapidly growing area, with the market forecast to be worth $170bn a year by 2022.Unfortunately, the £4.6bn group hit a stumbling block in January, when it was forced to close down 2013 acquisition Jumpshot, which had been caught scraping browsing data from the company’s customers without full permission, and selling it to advertisers including Google, Yelp and Microsoft.The hugely embarrassing revelation, exposed by Motherboard and PCMag, knocked the Avast share price down 25%, although it has picked up 16% in the last week. Given that Jumpshot harvested millions of dollars from clients, future revenues could take a hit, although management said Jumpshot produced just $36m of full-year adjusted 2019 revenue, against $862.8m for the group.The closure should therefore have little impact on its full-year 2019 results, which are line with expectations. Customer trust may prove harder to rebuild, although given the minimal long-term impact that the big data scandal had on Facebook and others, investors may not be too worried.Avast is a top-five antivirus provider with more than 400m customers worldwide, and expects full-year organic billings to be up 10.2% to $900.7m.Analyst Peel Hunt recently said its stock may be overvalued, given that it now faces threats from Windows Defender, and the move towards cloud-based services. Avast still has massive potential, but it can’t afford further slip-ups. See all posts by Harvey Jones 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” £2K to invest? I’d check out these 2 high-flying FTSE 250 growth stocks 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 Harvey Jones has no position in any of the shares mentioned. The Motley Fool UK has recommended Polypipe. 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. Simply click below to discover how you can take advantage of this. Enter Your Email Address Our 6 ‘Best Buys Now’ Shares Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Harvey Jones | Monday, 10th February, 2020 | More on: AVST GEN last_img read more