Associated Commercial Company Limited (ACC.mu) HY2016 Interim Report

first_imgAssociated Commercial Company Limited (ACC.mu) listed on the Stock Exchange of Mauritius under the Transport sector has released it’s 2016 interim results for the half year.For more information about Associated Commercial Company Limited (ACC.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Associated Commercial Company Limited (ACC.mu) company page on AfricanFinancials.Document: Associated Commercial Company Limited (ACC.mu)  2016 interim results for the half year.Company ProfileAssociated Commercial Company Limited specialises in motor vehicles, motor spares and accessories. Headquartered in in Port Louis, Mauritius, the company imports, markets, sells and offers motor vehicle services that include repairs and the sale of motor spares. Associated Commercial Company Limited is listed on the Stock Exchange of Mauritius.last_img read more

United Capital PLC (UBCAP.ng) Q12016 Interim Report

first_imgUnited Capital PLC (UBCAP.ng) listed on the Nigerian Stock Exchange under the Investment sector has released it’s 2016 interim results for the first quarter.For more information about United Capital PLC (UBCAP.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the United Capital PLC (UBCAP.ng) company page on AfricanFinancials.Document: United Capital PLC (UBCAP.ng)  2016 interim results for the first quarter.Company ProfileUnited Capital Plc is a financial services institution in Nigeria providing products and services for investment banking, asset management, trusteeship, securities trading and insurance. The company targets corporations, governments, institutions and high net worth individuals as well as retail investors in Nigeria and other countries in Africa. United Capital Investment Banking offers advisory services which include project finance, capital markets, mergers and acquisitions and structured finance. United Capital Asset Management expertise covers portfolio/fund management, mutual funds, wealth management and investment advisory services. United Capital Trustees has over 50 years’ experience in Trust services and extensive expertise in debenture trusts, mutual funds, bonds and REITS. United Capital Securities Limited is a dealing member of the Nigerian Stock Exchange (NSE) and registered by the Securities & Exchange Commission (SEC) as a Broker/Dealer. The company is also a registered dealing member of NASD OTC Plc which enables it to deal in over-the-counter equity and fixed income securities. Formerly known as UBA Capital Plc, the company changed its name to United Capital Plc in 2014. The company head office is in Lagos, Nigeria. United Capital Plc is listed on the Nigerian Stock Exchangelast_img read more

Barclays Bank of Kenya Limited (ABSA.ke) Q12016 Interim Report

first_imgAbsa Bank Kenya Plc (ABSA.ke) listed on the Nairobi Securities Exchange under the Banking sector has released it’s 2016 interim results for the first quarter.For more information about Absa Bank Kenya Plc (ABSA.ke) reports, abridged reports, interim earnings results and earnings presentations, visit the Absa Bank Kenya Plc (ABSA.ke) company page on AfricanFinancials.Document: Absa Bank Kenya Plc (ABSA.ke)  2016 interim results for the first quarter.Company ProfileAbsa Bank Kenya Plc formerly known as Barclays Bank of Kenya Limited is a leading financial service provider in Kenya offering banking products and services to the consumer and corporate sectors under the categories Personal Banking, Prestige Banking, Premier Banking, Corporate, Treasury and Lie Assurance. The company specialises in offering solutions for specialist investment banking, financing, risk management and advisory services for corporates, financial institutions and government clients. Its personal banking division offers full-service banking; ranging from personal transactional accounts to credit application and wealth and investment management, with electronic and mobile banking support. The financial institution has approximately 120 outlets and 230 ATMs, with its head office in Nairobi, Kenya. Barclays Bank of Kenya is a subsidiary of Barclays Africa Group Limited. Absa Bank Kenya Plc is listed on the Nairobi Securities Exchangelast_img read more

Kenya Commercial Bank (KCB.rw) HY2016 Presentation

first_imgKenya Commercial Bank (KCB.rw) listed on the Rwanda Stock Exchange under the Banking sector has released it’s 2016 presentation results for the half year.For more information about Kenya Commercial Bank (KCB.rw) reports, abridged reports, interim earnings results and earnings presentations, visit the Kenya Commercial Bank (KCB.rw) company page on AfricanFinancials.Document: Kenya Commercial Bank (KCB.rw)  2016 presentation results for the half year.Company ProfileKenya Commercial Bank (KCB) Rwanda Limited is a commercial bank offering financial solutions to private individuals and the corporate banking segment in Rwanda. KCB Bank Rwanda is a wholly-owned subsidiary of the KCB Group which is East Africa’s largest commercial bank by asset base. The Bank was established in 2008 after it was licensed by Rwanda’s banking regulator, the National Bank of Rwanda. It has 14 branches located in the main towns and cities of Rwanda as well as an extensive network of KCB Iwacu agents. Kenya Commercial Bank is listed on the Rwanda Stock Exchangelast_img read more

CIEL Textile Limited (FKL.mu) 2017 Abridged Report

first_imgCIEL Textile Limited (FKL.mu) listed on the Stock Exchange of Mauritius under the Investment sector has released it’s 2017 abridged results.For more information about CIEL Textile Limited (FKL.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the CIEL Textile Limited (FKL.mu) company page on AfricanFinancials.Document: CIEL Textile Limited (FKL.mu)  2017 abridged results.Company ProfileCIEL Textile Limited is engaged in the manufacturing and sale of knitted garments locally and internationally. The countries in which the company sells these products include Mauritius, Madagascar, Asia, and South Africa. Within the company’s production line, there are fabrics, jersey-wear garments, t-shirts and polo shirts, sweatshirts, joggers, and knitwear. CIEL Textile Limited operates the sale of its products through the company’s subsidiaries such as Harris Wilson, Blu River, Aquarelle Shirt, and Floreal Boutique. The company is a subsidiary of CIEL Group and is based in Ebène, Mauritius. CIEL Textile Limited is listed on the Stock Exchange of Mauritius.last_img read more

AEL Mining Services Zambia Plc 2016 Annual Report

first_imgAEL Mining Services Zambia Plc (AELZ.zm) listed on the Lusaka Securities Exchange under the Engineering sector has released it’s 2016 annual report.For more information about AEL Mining Services Zambia Plc (AELZ.zm) reports, abridged reports, interim earnings results and earnings presentations, visit the AEL Mining Services Zambia Plc (AELZ.zm) company page on AfricanFinancials.Document: AEL Mining Services Zambia Plc (AELZ.zm)  2016 annual report.Company ProfileAEL Mining Services is a major producer and supplier of explosives, initiating systems and services in Zambia; providing the majority of products needed by customers in the Central African region engaged in copper and cobalt, underground and surface open pit mining. The company has a network of regional manufacturing facilities that produce bulk emulsion explosives for surface and underground mining; the main factory based in Kitwe, otherwise known as the Zambian Copperbelt. AEL Mining Services distributes its products to major players in countries like Malawi, Tanzania and the Democratic Republic of Congo from strategically-located storage and distribution facilities in the Katanga Province in Zambia. AEL Mining Services is listed on the Lusaka Stock Exchangelast_img read more

ABSA Bank of Botswana Limited (ABBL.bw) 2020 Annual Report

first_imgABSA Bank of Botswana Limited (ABBL.bw) listed on the Botswana Stock Exchange under the Banking sector has released it’s 2020 annual report.For more information about ABSA Bank of Botswana Limited reports, abridged reports, interim earnings results and earnings presentations visit the ABSA Bank of Botswana Limited company page on AfricanFinancials.Indicative Share Trading Liquidity The total indicative share trading liquidity for ABSA Bank of Botswana Limited (ABBL.bw) in the past 12 months, as of 5th June 2021, is US$4.36M (BWP49.29M). An average of US$363.12K (BWP4.11M) per month.ABSA Bank of Botswana Limited Annual Report DocumentCompany ProfileAbsa Bank of Botswana Limited formerly (Barclays Bank of Botswana Limited) is an established financial services group; providing solutions in the retail, commercial and corporate sector in Botswana. The group has a national footprint, with 34 branches and 75 ATMs located in the major towns and cities of Botswana. Its personal banking products and services range from savings and fixed deposits to graduate loans, funeral cover and smart phone banking services. Its business banking division provides the standard solutions for commercial and corporate transactions, investments and loans, as well as an array of specialised financial solutions such as treasury services, foreign exchange and currency repo, risk management and trade finance products. Absa Bank of Botswana Limited is a subsidiary of Barclays Africa Group Limited.last_img read more

Stocks and shares vs crypto! Bitcoin’s appeal in the market crash

first_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. See all posts by Kirsteen Mackay “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address As the coronavirus spreads around the world, the economic outlook worsens and frantic stock selling has ensued, with some investors looking for safe-haven alternatives.Does this mean Bitcoin and other cryptocurrencies are becoming desirable commodities?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…I think not. I’ve seen the Bitcoin rampers and scammers out in full force in recent days, enticing prospects with their claims that “Bitcoin doesn’t spread deadly viruses, it spreads freedom! It doesn’t need to be disinfected and quarantined; it’s anonymous; it’s secure, Bitcoin will never rely on a bailout; it’s a truly global currency for all”. Bad taste as well as misleading!Let’s be clear, Bitcoin mining is finite, it’s not environmentally-friendly, its transaction costs are prohibitively expensive and they’re not instant. It’s also ridiculously volatile.I don’t object to cryptocurrencies as part of a larger pool of diversified investments, but I don’t think Bitcoin is the answer during a stock market crash. If anything, now is the perfect time to pick up stock market bargains for long-term wealth generation.Recovery is inevitableYes, financial markets are in free-fall and the dents in shareholders’ portfolios make us nervous. But equities are based on real-life, tangible businesses. This means they’re worth something. Many of these companies have had their paper value pulled down a notch or two, but most of them can and will recover. We still don’t know enough about coronavirus to predict how long the downturn will last. This means I’d be reluctant to start buying stocks just yet, for fear of generating instant losses.Equally, I don’t think it’s a good idea to sell shares right now unless you’ve already made gains and feel confident to do so. And current ‘losses’ are only on paper until you actually sell. Most of these companies will ride out the storm, and their share prices will come back with a vengeance. Patience is a virtueFor long-term investors, patience, discipline and confidence are key to long-term security. The world’s most successful investors ride out market fluctuations and use the downtime to research companies and find those that can go the distance. I myself like companies with a strong track record and a decent dividend yield.But with very few companies operating from an exclusively domestic supply chain, I think the coronavirus will affect most FTSE 350 businesses to some extent. How quickly they recover and get back to business-as-usual will determine how swiftly their share prices rebound.Down but not outOne British stalwart I like is BT Group (LSE:BT-A), because although it has high debt and the increasing likelihood of a dividend cut, it’s got a lot going for it, I feel. That may surprise some of you. But BT’s current dividend yield is almost 11%, so even a cut will leave a desirable return. Its price-to-earnings ratio is 6 and earnings per share are 22p. Kirsteen Mackay | Monday, 2nd March, 2020 | More on: BT-A The FTSE 250 firm is also highly involved in cybersecurity solutions and in our progressively vulnerable world, this is a good business to be in.A recent BT announcement that grabbed my attention was its decision to allow customers to pay for its prime TV offerings on a monthly basis, rather than a contracted package. I imagine this will be popular with Premier League football fans.All-in-all there’s a lot to like about BT and I think its share price will recover. Image source: Getty Images. Kirsteen 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. Stocks and shares vs crypto! Bitcoin’s appeal in the market crash Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! 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. 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. Our 6 ‘Best Buys Now’ Shareslast_img read more

Have £1,000 to invest? I’d buy bargain FTSE 100 shares in this stock market crash

first_img Enter Your Email Address See all posts by Peter Stephens “This Stock Could Be Like Buying Amazon in 1997” Investing £1k, or any other amount, after the FTSE 100’s recent stock market crash may not sound like a great idea to some investors. There’s a realistic chance the index’s price level will move lower in the short run. That depends on economic data and for how long the current lockdown continues.However, now could be an opportune moment to buy a range of FTSE 100 shares for the long run. Many of the risks facing the economy seem to be priced into valuations. Meanwhile, the long-term recovery potential for the economy could lift share prices across the index.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…Margin of safetyThe valuations currently present across the FTSE 100 suggest investors are expecting a period of intense economic difficulties. Many FTSE 100 companies currently have valuations significantly below their historic averages. In some cases they may be deserved, since a number of sectors could endure a prolonged lockdown, causing a substantial loss of earnings.However, other sectors may be significantly undervalued at the present time. Their members may not necessarily experience a prolonged and significant decline in financial performance. Yet weak investor sentiment towards the stock market may be weighing down their valuations. Therefore, they could offer wide margins of safety that lead to high returns for investors over the long term.Economic growthAt present, the outlook for the economy is exceptionally tough. In fact, it’s difficult to recall the prospects for the economy being so downbeat. That’s because previous recessions didn’t entail a complete shutdown of vast swathes of the economy.However, the track record of the economy shows it has always experienced booms and busts. Neither has lasted indefinitely, and they’ve eventually been superseded by growth or decline. The economic recovery from the impact of coronavirus could prove to be fast or slow. But over the long term, operating conditions for FTSE 100 companies are very likely to improve.As such, buying stocks that aren’t only cheap, but can survive the present difficulties facing the economy, could lead to high returns in the long run. They may experience a strong recovery over the coming years that’s currently not being factored into their valuations.DiversificationInvesting £1k in the stock market may make it difficult to achieve a worthwhile level of diversification. As such, investing in a FTSE 100 index tracker fund could be a sound move. It provides access to all of the stocks in the index for minimal annual fees.Of course, investors who are able to purchase individual shares may be able to generate market-beating returns. As mentioned, some sectors and companies appear to be undervalued due to the wider market’s unpopularity among investors. This could present a buying opportunity that may make now the right time to buy undervalued FTSE 100 stocks for the long run. Our 6 ‘Best Buys Now’ Shares Image source: Getty Images Peter Stephens | Wednesday, 29th April, 2020 Have £1,000 to invest? I’d buy bargain FTSE 100 shares in this stock market crashcenter_img 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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! 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. 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.last_img read more

Scottish Mortgage Investment Trust has smashed the FTSE 100. I’d continue buying for retirement

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. Simply click below to discover how you can take advantage of this. 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” 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. Paul Summers | Tuesday, 14th July, 2020 | More on: SMT Our 6 ‘Best Buys Now’ Sharescenter_img Paul Summers owns shares in Scottish Mortgage Investment Trust. 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. Enter Your Email Address See all posts by Paul Summers FTSE 100 member Scottish Mortgage Investment Trust (LSE: SMT) has absolutely smashed the performance of the aforementioned index since the start of 2020. Its share price is now 55% higher than where it was in January. The FTSE 100, in sharp contrast, is down almost 20%.Why is this and, importantly, can it last?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…Why is SMT outperforming?That’s easy. In line with its strategy of buying companies offering “the best potential durable growth opportunities for the future,” SMT’s portfolio is made up of some of the biggest tech stocks on the planet. Think online giants Amazon and movie streaming service Netflix. Both have thrived in recent months, thanks to the lockdown. By far SMT’s best performer, however, has been electric vehicle hot stock Tesla. Its share price is up 250% since the start of the year, making it the trust’s largest holding.Aside from its stellar performance, investors in SMT also benefit from a relatively low ongoing charge of just 0.36%. Passively tracking an index like the FTSE 100 via an exchange-traded fund might be even cheaper. But it would be hard to argue that managers James Anderson and Tom Slater don’t offer value for money compared to other professional investors. The FTSE 100’s underperformance isn’t hard to explain either. In contrast to SMT, some of its largest constituents are oil and companies, banks, insurance firms, and airlines. You don’t need me to tell you that none of these have done well in 2020. Can it continue?Here’s where things get a bit tricky. The fact SMT holds some of the most ‘loved’ (hyped) stocks in the world is clearly a blessing right now. However, it could prove a burden if market sentiment turns, perhaps as a result of increasing regulation of the tech sector. In such a scenario, those companies priced to perfection will likely be hit the hardest.Another more-widespread market crash can’t be ruled out either. How many inexperienced traders who have benefited from the recovery will be able to maintain their composure if we experience a significant second wave of the coronavirus? Given our tendency to swing from greed to fear in a heartbeat, I’d say at least some will panic. Remember also that a good number of the stocks SMT holds are very liquid. If there’s another stampede for the exits, people will sell what they can, not necessarily what they want to. In this sense, it might be argued that the FTSE 100 offers a better margin of safety. Then again, value-focused investors have been ‘wrong’ for years.Keep calm and carry onOn reflection, however, I’m staying put. While the staggering rise of some of its holdings does make me nervous, the fact that SMT is diversified across 89 companies should provide some protection in the event of a few experiencing problems. You also need to remember that market moves — even sizeable ones — are unlikely to matter much over a lifetime of investing. The passage of time and the freedom to do nothing remain the private investor’s key advantages when building a nest egg for retirement.So, as tempting as it may be to snatch at profits, my view is that anyone already invested should continue holding and add on any weakness. That’s what I’ll be doing anyway. As a long-term holding for fund-focused, growth-minded investors, SMT takes some beating. Scottish Mortgage Investment Trust has smashed the FTSE 100. I’d continue buying for retirement 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