Archive for the ‘company results’ Category

Here are more Banks’ FY 2011 Results:

Bank’s FY2011 Results – Part 1

Courtesy of FSDH, Cordros Capital, and Afrinvest, here are some of the reports and analysis of the company results for Q3 2011: . . . . . . . . . . . . . . . . .

I sincerely apologize for not updating this blog earlier. Below are the company earnings reports and press releases from some of the companies who have released their reports in the last 3 months: . . . . . . . . . . . . . . . . . :      

Courtesy of FSDH Securities, here are the results released in the weeks of July 18th – 22nd, July 25th – 29th and August 1st – 5th:

In the last month, most of the Nigerian banks have released their results. Here are the press releases from the banks, and results and analysis from some stockbrokers:

Company Result - Afrinvest - First Bank Plc - H1 2011 Result (542).

Company Result - Afrinvest - Stanbic IBTC - H1 2011 (420).

Company Result - Afrinvest - Sterling Bank - Q2 2011 (443).

Company Result - Diamond Bank - Unaudited Result Q2 2011 - Press Release (542).

Company Result - Diamond Bank - H1 2011 Result (454).

Company Result - Diamond Bank Plc Q2 2011 Conference Call - Afrinvest (1421).

Company Result - Ecobank Nigeria PLC - H1 2011 Result (574).

Company Result - FCMB - H1 2011 (405).

Company Result - FCMB - Proshare - July 2011 (506).

Company Result - First Bank - H1 2011 Press Release (468).

Company Result - First Bank - H1 Unaudited Results (406).

Company Result - First Bank of Nigeria Plc - Q2 2011 Conference Call - Afrinvest (1404).

Company Result - First City Monument Bank Plc - H1 2011 (473).

Company Result - First City Monument Bank Plc - Q2 2011 Conference Call - Afrinvest (1392).

Company Result - Skye Bank - H1 2011 - Unaudited Results (445).

Company Result - Press Release - FCMB - H1 2011 (411).

Company Result - Skye Bank Plc Q2 2011 - Afrinvest (404).

Company Result - Stanbic IBTC - Unaudited Result Q2 2011 (414).

Company Result - Stanbic IBTC Bank Plc - H1 2011 - Press Release (542).

Company Result - Sterling Bank - Q2 2011 (418).

Company Result - UBA - H1 2011 (432).

Company Result - UBA - July 2011 - Proshare (598).

Company Result - UBA Plc Q2 2011 - Afrinvest (477).

Company Result - Zenith Bank Plc H1 2011 Conference Call Notes- Afrinvest (1629)

Courtesy of FSDH, Afrinvest, and Lead Capital, here are the NSE reports and stats for the week ended July 15th 2011:

  1. The market moved southwards this week, with a cumulative loss of 197 bps.
  2. Incessant selling at the bourse continued with no respite throughout the week, leading to losses across board.
  3. The likes of Stanbic IBTC, Intercontinental Bank and Wema Bank however recorded varied gains in the banking sector this week, as the top-tier banks shed varied points. This trend may reverse in the coming week as buyers are likely to key in at the current low prices.
  4. In the breweries sector, a last day price appreciation in NB led to a 4.6% gain, while Guinness succumbed to bearish pressure, shedding marginal points.
  5. Companies in the food and beverages were not spared from the bearish trend prevalent in the market, as the sector failed to record any gain this week. Thus, Flour Mills, NNFM, Dangote Sugar, Nascon and Cadbury all shed points in excess of 3.0% apiece, while other stocks in the sector remained unchanged.

Here are the company results and reports from the stockbrokers, Afrinvest, FSDH, BGI and Lead Capital.

Courtesy of FSDH, Afrinvest, Lead Capital, and Stanbic IBTC, here are the weekly reports for the Nigerian Stock Exchange for the week ended April 15th 2011:

Summary for the week:
<blockquote>
– The NSE All-Share Index closed at 25,036.75 this week.
– Activities in the banking industry were on the uptick this week in spite of the release of some full year numbers that failed to impress many participants. Diamond Bank rallied towards the end of the week, with an 11.0% gain. This was followed by Zenith Bank, FCMB, Intercontinental Bank and Stanbic IBTC, with gains ranging from 5.0% to 7.0% each. On the flip side, Oceanic Bank, Wema Bank, Bank PHB and Spring Bank shed points in excess of 3.0% apiece. First Bank also shed marginal points at the end of the week; this may be the after-effect of its full year results which fell below participants’ expectations.
– In the breweries sector, all traded stocks, with the exception of Champion Breweries, recorded varied gains at the close of the week. NB and International Breweries gathered gains of 4.3% and 6.3% respectively, while institutional purchases firmed up the price of Guinness with a 7.3% gain.
– Fringe players, C & I Leasing and Japaul Oil moved in the same direction with the market index, recording gains of 1.6% and 7.3% respectively to close the week on a positive note.
</blockquote>

<blockquote>
Afrinvest Weekly Market Summary & Stock Recommendation, Week Ended 15th April 2011 (562).
NSE Weekly Report - Afrinvest - April 15th 2011 (529).
NSE Weekly Report - IBTC - April 15th 2011 (604).
NSE Weekly Report - Lead Capital - April 15th 2011 (525)
</blockquote>

And here are the reports for previous weeks as well.
Reports for the week of April 8th:
<blockquote>
Afrinvest Weekly Market Summary & Stock Recommendation, Week Ended 8th April 2011 (540).
NSE Weekly Report - FSDH - April 8th 2011 (504).
NSE Weekly Report - IBTC - April 8th 2011 (513).
NSE Weekly Report - Lead Capital - April 8th 2011 (554)
</blockquote>

Reports for the week of April 1st:
<blockquote>
Afrinvest Weekly Market Update - April 1 2011 (503).
NSE Forthnightly Report - Afrinvest - April 1 2011 (710).
NSE Weekly Report - Lead Capital - April 1st 2011 (540)
</blockquote>

In the past 3 weeks, the banks have been releasing their results. Below are their statements, results, presentations and analysis of their results:
<blockquote>Access Bank:

Audited 2010 Results For Access Bank (1032).

Diamond Bank:

Company Research - Afrinvest - Diamond Bank Plc Conference Call (752).

Company Research - Afrinvest - Diamond Bank Plc Q1 2011 Result (512).

Company Results - Diamond Bank Plc 2010 Press Release (575).

Company Results - Diamond Bank Plc 2010 Results Financials (480).

Company Results - Diamond Bank Plc FY2010 Result Financials (737).

Company Results - Diamond Bank Plc Q1 2011 Press Release (650).

Diamond Bank - FY 2010 and Q1 2011 Results - Investor Presentation (544).

Fidelity Bank:

Company Research - Afrinvest - Fidelity Bank Plc FY 2010 Result (664).

Fidelity Bank - FY2010 Results Investor Presentation (525).

Fidelity Bank FYE 2010 Press Release (509).

FCMB:

Company Results - FCMB Plc FY2010 Results Press Release (499).

FCMB Q4 2010 Analyst Presentation (832).

First Bank:

Company Research - Afrinvest - First Bank Plc FY 2010 Result (541).

First Bank o fNigeria Plc - Notice of Results and Conference Call Invitation (1088).

First Bank of Nigeria - FY2010 Audited Results (999).

GT Bank:

GT Bank - FY 2010 Results Investor Presentation (624).

GTBank - FY 2010 Results (4374).

GTBank FY 2010 Result - Afrinvest - March 22nd 2011 (584).

Stanbic IBTC:

Stanbic IBTC FY2010 Audited Results (493).

Stanbic IBTC FY2010 Results - Investor Presentation (772).

Stanbic IBTC FY2010 Results Analysis (513).

Stanbic IBTC FY2010 Results Press Release (841).

Skye Bank:

Company Research - Afrinvest - Skye Bank Plc FY 2010 Result (586).

Skye Bank - FY2010 Results Investor Presentation (670).

Sterling Bank:

Company Research - Afrinvest - Sterling Bank Plc FY 2010 Result (497).

Sterling Bank - FY 2010 Results (470).

Zenith Bank:

Company Research - Afrinvest - Zenith Bank FY 2010 Earnings Update (613).

Zenith Bank - FY 2010 Abridged Financial Statements (495).

Zenith Bank FY2010 Group Results Presentation (457)</blockquote>


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