Business

Okomu Oil, Julius Berger, Ardova top Ripples Nigeria stock watchlist

Published

4 years ago

May 4, 2020

Ripples Nigeria

The Nigerian bourse posted gains in its four sessions last week. Week to date, it reported a 1.87% appreciation.

We have selected a group of stocks you should watch out for this week on the basis of how the market fared last week.

Ripples Nigeria Stock Watch-list is a selection of stocks monitored for viable trading or investing opportunities. An investor may casually generate a list of equities for investment purposes. But we have taken the pain to do that based on certain parameters in order to save you that hassle.

Kindly note that Ripples Nigeria stock watch-list is not a buy, sell or hold recommendation. It is advisable to consult your financial advisor before making any investment decision.

OKOMU OIL PLC

Okomu Oil makes our list this week on the basis of its dividend proposal last week for Full Year 2019.

The board announced a proposal of N2 per share dividend subject to shareholders’ endorsement.

The qualification date has been fixed for 18^th May and the payment date for 29^th May.

Its Earnings Per Share (EPS) stands at N6.84 while its Price to Earnings (PE) ratio is 8.04.

JULIUS BERGER PLC

Julius Berger makes our list on the account of its’ proposal of a revised dividend of N2 per share last week for FY2019.

The qualification date is 29^th May while the payment date is 19^th June.

Its EPS is N6.58 while its PE ratio is 3.92 according to Bloomberg.

ARDOVA PLC

Ardova makes our list for being the highest price gainer last week. Opening at N9.55, the stock closed at N11.55, appreciating by 20.94%.

NIGERIAN BREWERIES PLC

Nigerian Breweries features on our list for being the highest price loser last week. Opening at N34.50, the stock closed at N30, declining by 13.04%.

MRS OIL NIGERIA PLC

MRS Oil appears on our list this week by virtue of trading at its lowest price in 52 weeks. It currently trades for N13.80 per share.

GUINNESS NIGERIA PLC

Guinness features our list this week by virtue of trading close to its lowest price in 52 weeks. It currently trades at N18.50 per share, has an EPS of N1.18 and a PE Ratio of 15.55.

BOC GASES PLC

BOC Gases makes our list this week on the basis of trading at its lowest price in 52 weeks. It currently trades at N3.65 per share.

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

As a media platform, we hold leadership accountable and will not trade the right to press freedom and free speech for a piece of cake.

If you like what we do, and are ready to uphold solutions journalism, kindly donate to the Ripples Nigeria cause.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now