Wednesday, June 20, 2012 / The Analyst / Proshare Research
 

Companies in the NEWS Today – Guinness Nigeria Plc, Transcorp Plc and NPF Microfinance Bank Plc

 

Guinness Nigeria Plc states that workplace award pushed the firm ahead of its Contemporaries and explains why the organization has remained one of the strongest brands in the Nigerian beer market.

The brewing firm share price recorded -23.46% losses in 2008 while the loss was erased in subsequent year as it moved by +28.14% in 2009.it further recorded +49.46% and +31.19% price appreciation in 2010 and 2011 respectively. So far in 2012, the stock has recorded -9.17% price decline while the stock recorded positive turnover growth and negative PAT growth in its Q1 2012 financials.  

 

Some shareholders of Transnational Corporation of Nigeria (Transcorp) Plc   have said the 170% growth in the market capitalisation was a pointer to a good future for their investments in the company.

The share price of Transcorp Plc declined by -74.84% and -36.71% in 2008 and 2009 while it closed flat in 2010. The stock recorded price appreciation of +14% in 2011 while it has recorded +126.32% gains in 2012. The firm’s 2011 Audited result shows that it recorded positive growth in turnover and negative growth in PAT while the growth in market capitalisation can be a factor that will prompt potential investors to take position in the stock.

NPF microfinance Plc Shareholders approved the total dividend payout of N45.7m for the financial year ended December 31, 2011 as proposed by the Board of Directors of the bank.

The financial outfit recorded unchanged movement in price in 2008 and 2009 while the stock recorded +18.67% gains in 2010. It went down by -37.08% in 2011 as the stock has recorded -4.46% price decline in 2012.

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