Britam Holdings Limited (BRIT.ke) 2019 Abridged Report

first_imgBritam Holdings Limited (BRIT.ke) listed on the Nairobi Securities Exchange under the Investment sector has released it’s 2019 abridged results.For more information about Britam Holdings Limited (BRIT.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Britam Holdings Limited (BRIT.ke) company page on AfricanFinancials.Document: Britam Holdings Limited (BRIT.ke)  2019 abridged results.Company ProfileBritam Holdings Limited is an investment holding company providing solutions for insurance, investment management and property management for the personal, commercial and corporate sectors. The company services markets in Kenya, Uganda, Tanzania, Rwanda, South Sudan, Malawi and Mozambique. Britam Holdings Limited also offers solutions for short- and long-term insurance, asset management and property management. Personal and corporate solutions are available for individual and group life, pension, medical, micro and general insurance. Its insurance product offering covers unit-linked products and plans for education, whole-life plans, life, critical illness, disability as well as products covering fire, aviation, engineering, motor, marine, personal accidents, liability, theft and workers compensation. Britam Holdings Limited specialist divisions deal with discretionary/segregated portfolio management, wealth management and unit trusts. The company has interests in purchasing and selling properties and developing, leasing or renting land. Formerly known as British-American Investments Company (Kenya) Limited when it was founded in 1920, the company changed its name to Britam Holdings Limited in 2015. The company head office is in Nairobi, Kenya. Britam Holdings Limited is listed on the Nairobi Securities Exchangelast_img read more

Blantyre Hotels Limited (BHL.mw) 2019 Abridged Report

first_imgBlantyre Hotels Limited (BHL.mw) listed on the Malawi Stock Exchange under the Tourism sector has released it’s 2019 abridged results.For more information about Blantyre Hotels Limited (BHL.mw) reports, abridged reports, interim earnings results and earnings presentations, visit the Blantyre Hotels Limited (BHL.mw) company page on AfricanFinancials.Document: Blantyre Hotels Limited (BHL.mw)  2019 abridged results.Company ProfileBlantyre Hotels Limited is a holding company operating in the hospitality and tourism sector in Malawi. The company owns and manages Ryalls Hotel in Blantyre, Malawi. Its operations are managed by Protea Hotels of South Africa under a services contract. Ryalls Hotel is the most-technologically advanced hotel in Malawi, offering accommodation for businessman and holidaymakers. Situated in Blantyre, the commercial capital of Malawi and only 15-mintues from Malawi’s international airport; the hotel offers travellers well-appointed accommodation in an upmarket location, full conference and banqueting facilities and a fitness centre. Blantyre Hotels Limited is listed on the Malawi Stock Exchangelast_img read more

National Bank of Kenya Limited (NBK.ke) Q32019 Interim Report

first_imgNational Bank of Kenya Limited (NBK.ke) listed on the Nairobi Securities Exchange under the Banking sector has released it’s 2019 interim results for the third quarter.For more information about National Bank of Kenya Limited (NBK.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the National Bank of Kenya Limited (NBK.ke) company page on AfricanFinancials.Document: National Bank of Kenya Limited (NBK.ke)  2019 interim results for the third quarter.Company ProfileNational Bank of Kenya (NBK) Limited is a financial services institution providing banking products and services for the retail, commercial corporate and Islamic banking sectors in Kenya. Its full-service offering ranges from transactional banking products to term deposits, personal loans and overdrafts, insurance premium finance, liquidity management, treasury services, custodial services and asset finance services. National Bank of Kenya offers mortgage products to salaried and business customers under the National Homes brand. The company also offers account relationship management and bancassurance products. It operates through a wide network of branches and ATMs in the major towns and cities of Kenya. Its head office is in Nairobi, Kenya. National Bank of Kenya Limited is listed on the Nairobi Securities Exchangelast_img read more

Studio Press (Nigeria) Plc (STUDPR.ng) 2020 Abridged Report

first_imgStudio Press (Nigeria) Plc (STUDPR.ng) listed on the Nigerian Stock Exchange under the Printing & Publishing sector has released it’s 2020 abridged results.For more information about Studio Press (Nigeria) Plc (STUDPR.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Studio Press (Nigeria) Plc (STUDPR.ng) company page on AfricanFinancials.Document: Studio Press (Nigeria) Plc (STUDPR.ng)  2020 abridged results.Company ProfileStudio Press (Nigeria) Plc is a printing and manufacturing company in Nigeria involved in lithographic printing and manufacturing cartons, light packaging materials and labels. The company is produces nylon and poly wrappers using flexo printing. Studio Press Nigeria Plc is a subsidiary of Rommac Agencies Limited. The company’s head office is in Lagos, Nigeria. Studio Press (Nigeria) Plc is listed on the Nigerian Stock Exchangelast_img read more

Illovo Sugar Limited (ILLOVO.mw) HY2020 Interim Report

first_imgIllovo Sugar Limited (ILLOVO.mw) listed on the Malawi Stock Exchange under the Food sector has released it’s 2020 interim results for the half year.For more information about Illovo Sugar Limited (ILLOVO.mw) reports, abridged reports, interim earnings results and earnings presentations, visit the Illovo Sugar Limited (ILLOVO.mw) company page on AfricanFinancials.Document: Illovo Sugar Limited (ILLOVO.mw)  2020 interim results for the half year.Company ProfileIllovo Sugar Limited is a South African-based enterprise and Africa’s largest producer of raw sugar and sugar brands produced from sugar cane grown by its own agricultural operations and independent growers. It operates in six African countries and exports products to sub-Saharan Africa, the European Union and the United States. Illovo Sugar Malawi is based in Limbe in the Blantyre District. Illovo Sugar Limited operates in four segments; cane growing, sugar production, downstream and co-generation products. The Cane Growing division grows sugar cane which is used in the production of sugar productions. The Sugar Production division manufactures and markets Illovo Sugar brands. The Downstream and Co-generation division manufactures and markets brands that are by-products of the production process, including furfural and alcohol. Illovo Sugar Limited also supplies surplus electricity generated in the sugar production process. Illovo Sugar Limited is a subsidiary of Associated British Foods plc. Illovo Sugar Limited is listed on the Malawi Stock Exchangelast_img read more

OK Zimbabwe Limited (OKZ.zw) Q12021 Interim Report

first_imgOK Zimbabwe Limited (OKZ.zw) listed on the Zimbabwe Stock Exchange under the Retail sector has released it’s 2021 interim results for the first quarter.For more information about OK Zimbabwe Limited (OKZ.zw) reports, abridged reports, interim earnings results and earnings presentations, visit the OK Zimbabwe Limited (OKZ.zw) company page on AfricanFinancials.Document: OK Zimbabwe Limited (OKZ.zw)  2021 interim results for the first quarter.Company ProfileOK Zimbabwe Limited is a leading retail group in Zimbabwe with a product range that extends from groceries and houseware products to clothing and textiles. The inaugural branch was opened in Harare (then Salisbury) in 1942 and today, is one of the most recognised supermarket brands in Zimbabwe. The company trades under various branded store names, including OK stores, Bon Marché and OKMart. OK Zimbabwe sells products in its grocery range under its own home brand; OK Pot ‘O Gold, OK Value, Shoppers’ Choice and Bon Marché Premier Choice labels. OK Zimbabwe Limited operates approximately 61 retail outlets throughout Zimbabwe and owns subsidiaries that complement its diverse product offering; Eriswell (Private) Limited, Swan Technologies (Private) Limited and Winterwest (Private) Limited. OK Zimbabwe Limited is listed on the Zimbabwe Stock Exchangelast_img read more

Linkage Assurance Plc (LINKAS.ng) Q22020 Interim Report

first_imgLinkage Assurance Plc (LINKAS.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2020 interim results for the second quarter.For more information about Linkage Assurance Plc reports, abridged reports, interim earnings results and earnings presentations visit the Linkage Assurance Plc company page on AfricanFinancials.Indicative Share Trading Liquidity The total indicative share trading liquidity for Linkage Assurance Plc (LINKAS.ng) in the past 12 months, as of 5th June 2021, is US$371.33K (NGN142.54M). An average of US$30.94K (NGN11.88M) per month.Linkage Assurance Plc Interim Results for the Second Quarter DocumentCompany ProfileLinkage Assurance Plc is a non-life insurance business in Nigeria licensed to underwrite numerous insurance classes including business, marine and motor insurance. Business insurance classes include automobiles, property, general accident, liability group, compulsory insurances, oil and gas, marine and aviation and engineering. Retail and direct insurance includes motor plans, estate insurance plans, citadel shield plans, shop comprehensive plans and event insurance. Linkage Assurance Plc merged with Central Insurance Company Limited in 2007 as part of the recapitilisation and consolidation reforms of the National Insurance Commission (NAICOM). The company’s head office is in Lagos, Nigeria. Linkage Assurance Plc is listed on the Nigerian Stock Exchangelast_img read more

Retirement savings: why the FTSE 100’s crash could help you to get rich and retire early

first_img 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. See all posts by Peter Stephens Peter Stephens 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. 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. Image source: Getty Images 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. Retirement savings: why the FTSE 100’s crash could help you to get rich and retire early The FTSE 100’s crash may cause alarm among some investors seeking to build a retirement nest egg. After all, its 20%+ decline means it’s now in a bear market. And, with the spread of coronavirus a known unknown, things could realistically get worse before they improve.However, depressed share prices could prove to be an opportunity to boost your retirement prospects. They may enable you to generate higher returns in the long run that improve your chances of retiring early.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…As such, now could be the right time to start buying FTSE 100 shares instead of avoiding them.Long-term prospectsMany who are aiming to build a sizeable retirement nest egg are likely to have a long-term time horizon. As such, while the short-term performance of their portfolio may be causing a degree of worry, ultimately it’s the size of their portfolio in the long run which matters.Therefore, the FTSE 100’s performance in the coming months may prove to be a buying opportunity. Even if you purchase stocks today and they fall by another 20% in the coming months, they have the potential to deliver high returns in the long run.Many of the FTSE 100’s members currently have exceptionally low valuations and high yields. They could combine to produce strong total returns which increase the size of your portfolio. And, of course, enable you to obtain a higher passive income in retirement.Recovery potentialDuring any market crash, it’s easy to doubt the recovery potential of the stock market. It was a similar situation in the 1987 crash, the tech bubble, and the financial crisis. At times, it felt as though a recovery was a very distant prospect.However, the FTSE 100 recovered on each of those occasions. Although it took years in some cases, a retirement portfolio is likely to have a long-term time horizon. Therefore, there’s likely to be sufficient time for you to benefit from a subsequent recovery in the FTSE 100’s price level.Certainly, there’s no guarantee the FTSE 100 will recover from its recent downturn. But it has always done so in the past, which suggests it’s a likely scenario over the long run.DiversityAs well as buying shares while they trade on low valuations, and holding them for the long term, diversification could aid your retirement prospects. It can help to reduce the risks of your overall portfolio through spreading your capital across a variety of industries and geographies. It may also improve your returns, since you’re able to access strong growth rates in a number of different areas.With the FTSE 100 offering recovery potential and low valuations, now could be the right time to focus on the long run and purchase a diverse range of large-cap shares.center_img Simply click below to discover how you can take advantage of this. Enter Your Email Address Our 6 ‘Best Buys Now’ Shares Peter Stephens | Sunday, 15th March, 2020 “This Stock Could Be Like Buying Amazon in 1997” 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

Why I’d buy high-quality stocks over a FTSE 100 tracker in this bear market

first_img Image source: Getty Images 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. See all posts by Edward Sheldon, CFA FTSE 100 tracker funds have become very popular investments in recent years. When the index was rising, investors viewed them as an easy, cost-effective way to profit.But now we’re in a bear market and stocks are falling. That means some of the flaws of passively-managed tracker funds are being exposed. Here, I’ll look at some of the drawbacks of owning FTSE 100 tracker funds. I’ll also explain why I believe investors are better off picking individual stocks in the current environment.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…No control over your holdingsThe main disadvantage of tracker funds is you have no control over your holdings. You simply own the whole index. In the current environment, where there’s an enormous amount of economic uncertainty, this could be a potential setback.For a start, if you own every stock in the FTSE 100, you’re going to have exposure to a number of companies that could be impacted significantly by Covid-19. I’m talking about companies such as International Consolidated Airlines, easyJet, Carnival, and Compass Group. These could take a while to recover from the disruption, meaning their share prices could be depressed for a while.Additionally, if you own the whole index, you’ll also have exposure to a number of companies that could be vulnerable in an economic downturn. BT Group and Centrica are among those that come to mind here. Both have alarming amounts of debt on their books, which adds risk. I wouldn’t want to own these in a recession.Ultimately, if you buy a FTSE 100 tracker fund, you’re at the mercy of the market. To quote Martin Gilbert, chairman of Aberdeen Standard Investments: “Passive strategies leave investors fully exposed to the teeth of the bear.”A more selective approach could pay off In my view, it could pay to be more selective about your investments. That means buying individual stocks. This approach has several advantages.Firstly, you can focus on high-quality companies likely to be less vulnerable in a recession. Unilever and Reckitt Benckiser are good examples (both have recently outperformed the FTSE 100 significantly) as they’re seen as consistent performers. Secondly, you can focus on companies likely to be impacted less by the coronavirus. Accounting solutions provider Sage is a good example. It should be relatively well insulated from the disruption.Finally, you can focus on stocks that look oversold and have the potential to rebound significantly. Names that come to mind include Legal & General Group and JD Sports Fashion.This is certainly the approach I’m taking right now. Instead of just buying the whole index, I’m focusing on high-quality companies I think have the potential to outperform the market.I believe that in the current environment, this approach should provide higher returns than a FTSE 100 tracker. Enter Your Email Address Our 6 ‘Best Buys Now’ Shares 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. Edward Sheldon owns shares in Unilever, Reckitt Benckiser, Sage, Legal & General and JD Sports Fashion. The Motley Fool UK owns shares of and has recommended Unilever. The Motley Fool UK has recommended Carnival, Compass Group, and Sage Group. 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 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. Why I’d buy high-quality stocks over a FTSE 100 tracker in this bear market Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997” Edward Sheldon, CFA | Thursday, 19th March, 2020 Simply click below to discover how you can take advantage of this.last_img read more

Forget gold, Warren Buffett invests in gold miners. I’d do the same

first_img 5 Stocks For Trying To Build Wealth After 50 Image source: Getty Images. Click here to claim your free copy of this special investing report now! Alan Oscroft has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended Berkshire Hathaway (B shares) and recommends the following options: long January 2021 $200 calls on Berkshire Hathaway (B shares), short January 2021 $200 puts on Berkshire Hathaway (B shares), and short September 2020 $200 calls on Berkshire Hathaway (B shares). 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. Our 6 ‘Best Buys Now’ Shares Alan Oscroft | Wednesday, 26th August, 2020 | More on: POLY 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. 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.center_img Forget gold, Warren Buffett invests in gold miners. I’d do the same Simply click below to discover how you can take advantage of this. The stock market has crashed, and an ounce of gold has risen to a little over $1,900. That’s down from an all-time high earlier this month when it edged above $2,060. But with the price around $1,500 just 12 months ago, gold has beaten the FTSE 100 hands down this year. Yet then I ask myself one of my favourite investing questions. Would Warren Buffett buy it?In this case, no, he doesn’t buy gold. But he has surprised observers by investing in a gold miner. Through Berkshire Hathaway, he’s built a stake of around $560m in Barrick Gold. Here on the London market, gold mining shares have been climbing, and today I’m looking at Polymetal International (LSE: POLY).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…The Polymetal share price is up 62% so far in 2020, against a 20% fall for the FTSE 100. Despite that, the share price still looks reasonably valued based on earnings. And the company is paying decent dividends and has been growing them for years. I’m increasingly being drawn to gold miners, if not the metal itself, but I wouldn’t follow Warren Buffett’s choice, simply because I prefer to invest in UK-listed stocks. And I do think Polymetal is one that could fit the bill.An impressive first halfThe company released first-half figures Wednesday, reporting “a strong financial performance amidst a challenging global backdrop.“The firm produced 4% more gold, but sold 1% less, due to a lag between production and sales. Silver sales dropped 4% in line with production. But that resulted in a 21% rise in revenue, to $1,135m, as a result of higher gold and silver prices. The average realised gold price rose 25%, while silver was up 10%. Opinions are divided on where gold prices might go next, but Warren Buffett sees a period of stability.It’s easy to think that an investment in Polymetal could falter if gold falls back again. But one thing I like about Polymetal is its costs of production. The company reported an all-in sustaining cash cost per ounce of gold of $880. That’s significantly less than half the current selling price. I’d say there’s a healthy safety margin there, especially if gold remains stable as Warren Buffett suggests.A Warren Buffett stock?The half brought in adjusted EBITDA of $616m, up 53%, and the company declared an interim dividend of 40 cents per share. Polymetal also revealed a revised dividend policy, of paying a minimum final dividend of 50% of underlying net income (providing its net-debt-to-adjusted-EBITDA ratio remains below 2.5x). It will also “now have discretion to increase the final dividend amount to a maximum annual payout of 100% of free cash flow.”Analysts are forecasting a dividend yield of 4.4% this year, rising above 5% next. After seeing this set of results and the new dividend policy, I think we could have better yields than that. With potential for a solid long-term income stream, and a decent cost safety margin, I think Polymetal has the kind of qualities Warren Buffett likes in Barrick Gold. I’d buy with a horizon of 10 to 20 years. See all posts by Alan Oscroft Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. Enter Your Email Addresslast_img read more