Investor's ALERT: Stocks that made headlines today

Investor's ALERT: Stocks that made headlines today - 110612

Monday, June 11, 2012 / The Analyst / Proshare Research

Companies in the NEWS Today Dangote Cement, UBA Plc, Mutual Benefits Assurance, AIICO Insurance Plc, NIGER Insurance Plc and LASACO Assurance.

The 5.25 million mtpa Dangote Cement Obajana Plant Line three, which is expected to assist Nigeria to achieve self-sufficiency in cement production will be commissioned today.
DANGCEM Year 2008 2009 2010 2011 YTD 2012 Open Price NA NA Close Price NA NA YoY Return (%) 0.00% 0.00% 0.00% 0.00% YTD % Change 3.42% Financial Company DANGCEM Result Period Q1' 12 Gross Earnings in N'm 64,114 % Change 17.63% PAT in N'm 30,326 % Change 10.72% Net Profit Margin (%) 47.30% Corporate Action Dividend Bonus AGM (Upcoming) Amount Closure & Payment Date

1.25 1 for 10

5/ 14/ 2012 AND 2012-06-01 5/ 14/ 2012 AND NA

120 110.77
Open Price 102.01

120 110.77
Current Price 105.5

Source: NSE/Proshare Research

The stock share price has been closing flat YoY while it has recorded +3.42% gains in 2012. The company also recorded positive growth performance in its Q1 2012 financials while the commissioning of the new plant will surely help build capacity for new business lines and improve the fortunes of the company.

United Bank for Africa Plc debuts its Africard and continues to broaden the spectrum of card services available to its customers. Consequently, customers of the bank can now leverage on the growing global presence of UBA in the continent and beyond.
UBA Year 2008 2009 2010 2011 YTD 2012 Open Price Close Price YoY Return (%) 1.54% 0.93% 0.00% 4.86% YTD % Change 0.54% Financial Company UBA Result Period Gross Earnings in N'm % Change PAT in N'm % Change Net Profit Margin (%) Corporate Action Dividend Bonus AGM (Upcoming) Amount Closure & Payment Date

12.95 10.7 9.15 2.47

Open Price

13.15 10.8 9.15 2.59

Current Price

0.05

4/ 27/ 2011 AND 2011-05-17

3.68

3.70

Q1' 12

53,864

32.94%

13,778

253.55%

25.58%

Source: NSE/Proshare Research

The stock recorded +1.54% and +0.93% YoY gain in 2008 and 2009 respectively while it closed flat in 2010. It further recorded upwards movement in 2011 with +4.86% gains recorded with +0.54% YTD gain witnessed in 2011. The news on the debut of Africard will have minimal direct impact on the stock.

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Investor's ALERT: Stocks that made headlines today

Mutual Benefits Assurance group has so far invested about N2.5 billion in Lagos LAGBUS transport scheme. The firm added 40 new buses at an additional cost of N750 million to the transport system.
MBENEFT Year 2008 2009 2010 2011 YTD 2012 Open Price Close Price YoY Return (%) Corporate Action Dividend Bonus AGM (Upcoming) Amount NA NA NA Closure & Payment Date NA NA NA

1.52 0.64 0.5 0.5

Open Price

1.48 0.64 0.5 0.5

Current Price

-2.63% 0.00% 0.00% 0.00% YTD % Change 0.00%

0.50

0.50

Financial Company MBENEFT Result Period Q3'11 Gross Earnings in N'm 3,066 % Change 21.52% PAT in N'm 796.580 % Change 3.45% Net Profit Margin (%) 25.98%

Source: NSE/Proshare Research

The stock recorded a -2.63% price decline in 2008 while it closed flat in subsequent periods of review. The company recorded positive growths in its latest result of Q3 2011. However, the positive news of the firms investment in LAGBUS transport scheme might not positively affect the performance of the stock.

AIICO Insurance Plc is planning to raise an additional N8 billion capital as part of efforts to remain financially strong and continue to render excellent services to its esteemed customers.
AIICO Year 2008 2009 2010 2011 YTD 2012 Open Price Close Price YoY Return (%) Corporate Action Dividend Bonus AGM (Upcoming) NA NA Amount 0.06 Closure & Payment Date 5/21/2012 AND 2012-07-02 NA NA

1.79 0.83 0.9 0.5

Open Price

1.79 0.79 0.9 0.5

Current Price

0.00% -4.82% 0.00% 0.00% YTD % Change 0.00%

0.50

0.50

Financial Company AIICO Result Period Q4'11 Gross Earnings in N'm 18,444 % Change 23.35% PAT in N'm 1,332 % Change 19.25% Net Profit Margin (%) 7.22%

Source: NSE/Proshare Research

The stocks share price recorded a -4.82% decline in 2009 while it closed flat in the remained periods under review. The 2011 Audited result shows the insurance outfit recorded positive growth in gross premium and PAT. The news of the additional capital should impact the performance of the company.

NIGER Insurance Plc plans to organise a befitting golden jubilee celebration in August, having weathered the storm in the difficult insurance sector, JC Uranta, MD/CEO believes that Niger Insurance has evolved over time as a key player in the country, and deserves to mark the jubilee.

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Investor's ALERT: Stocks that made headlines today

NIGERINS Year 2008 2009 2010 2011 YTD 2012 Open Price Close Price YoY Return (%) Corporate Action Dividend Bonus AGM (Upcoming) Amount NA NA NA Closure & Payment Date NA NA NA

3.25 0.93 0.6 0.5

Open Price

3.25 0.97 0.6 0.5

Current Price

0.00% 4.30% 0.00% 0.00% YTD % Change 0.00%

0.50

0.50

Financial Company NIGERINS Result Period Q3'11 Gross Earnings in N'm 5,605 % Change 32.10% PAT in N'm 190.369 % Change -0.61% Net Profit Margin (%) 3.40%

Source: NSE/Proshare Research

The stock recorded +4.30% YoY growths in 2009 while the stock closed unchanged in other periods of review. The companys celebration of its golden jubilee is not expected to have any positive impact on the share price as its impacted could be better determined if and when it releases its its Audited 2011 result.

LASACO Assurance has affirmed its commitment to retain its pedigree as a frontline player in the oil and gas industry through adherence to ethical standards and professionalism.
LASACO Year 2008 2009 2010 2011 YTD 2012 Open Price Close Price YoY Return (%) Corporate Action Dividend Bonus AGM (Upcoming) Amount NA NA NA Closure & Payment Date NA NA NA

1.73 0.57 0.5 0.5

Open Price

1.77 0.59 0.5 0.5

Current Price

2.31% 3.51% 0.00% 0.00% YTD % Change 0.00%

0.50

0.50

Financial Company LASACO Result Period Q4'11 Gross Earnings in N'm 2,703 % Change 32.2% PAT in N'm 128.218 % Change -48.6% Net Profit Margin (%) 4.74%

Source: NSE/Proshare Research

The stock share price witnesses +2.31% and +3.51% in 2008 and 2009. The stock closed flat in 2010, 2011 and 2012 YTD performance. It recorded positive gross premium growth while negative PAT growth was recorded in Q4 2011 financials. The news/information is of no use to the market.

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Tags: Investor Alert, News, quoted companies, The Analyst, Proshare Research, News Impact assessment, Dangote Cement, UBA Plc, Mutual Benefits Assurance, AIICO Insurance Plc, NIGER Insurance Plc and LASACO Assurance.

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