Melborne Capital Ltd

Melborne Capital Ltd We are a Financial Services company that provides Financial Advisory and Portfolio Management Servic

Melborne Capital Ltd is a Financial Services Company providing Research/Advisory, Asset Management and Consultancy services in the Capital Market Industry. Our services are designed and tailored to meet specific needs while capitalizing on investment opportunities for our clients. Our clientele covers a broad spectrum of high net-worth individuals and organizations in the Oil and Gas, Finance, Power, Manufacturing and Telecom industries.

28/04/2014

Learn Africa Plc (formerly Longman Nigeria Plc) has recorded a profit after tax of NGN 125 million and a profit after tax of NGN 100 million with a turnover of NGN 2.2 billion. As a result, the board of directors are proposing a dividend of 12 kobo per share.

Despite the divestment of Pearson UK, the company has initiated steps to continue in the part of profitability through the significant bulk book supply contracts executed in some states, increase in experienced sales workforce, and introduction of new titles earlier withdrawn by Pearson UK via the divestment.

A total of 304,185 units valued at NGN 504,359.22 were traded on the floor of the Nigerian Stock Exchange. Price per share was NGN 1.65.

28/04/2014

GlaxoSmithKline Consumer Nigeria Plc is set to pay out a dividend of NGN 1.30k to shareholders for the financial year ended 31 December, 2013. This is coming as the company proposes a profit pay out of NGN 1.24 billion. The company recorded a turnover of NGN 29 billion, about 15% increase from 2012, profit before tax of NGN 4.3 billion (up 3% up from 2012) profit after tax of NGN 2.9 billion (up 3% from 2012).

If approved at the Annual General Meeting, dividend warrants or direct lodgement will be effected on 12th June to shareholders whose names appear in the Register of Members at the close of business on Thursday 15th May, 2014

Activity report on GlaxoSmitKline (GLAXOSMITH) indicated a total of 520,112 units valued at NGN 36,155,260.00 were traded today at the Nigerian Stock Exchange. Starting with an opening price of NGN 70.00, it shed NGN 0.50 ( - 0.71%) to close at NGN 69.50.

28/04/2014

Banking News Update - As part of its restructuring exercise, UBA is set to announce a new operational structure which will see it splitting into two distinct groups - UBA Nigeria, which is to focus solely in the Nigerian economy and; UBA Africa, comprising of subsidiaries in 18 African countries. Each group will be independent of each other, have a separate CEO and management team which will report to the Group Managing Director. This strategy seeks to improve of its bottom-line indices, enhance profitability, scale resources for optimum performance and increase operational efficiency while capitalizing on the Group's verticals, a common technology and process as well as treasury management.

The subsidiaries in other African countries contributed about 20% in 2013, about 9% increase (11% in 2012) to the Group's profit.

12/02/2013

In order to boost revenue, Flour Mills of Nigeria Plc. is set to commence commercial refining of sugar this month. This is in line with the Federal Government's resolve to end importation of raw sugar thereby boosting local investments in sugar plantation, processing and attaining self sufficiency. This is coming after series of planned start-up dates for the commencement of the refinery.

In addition, Flour Mills intends to build a new cement factory so as to complement her 2.5 million metric tonne of its subsidiary, Unicem. Funds for this plant, costing around $400 - 500$ million will be sourced through local markets.

Going by the trend in the market, coupled with investor's growing confidence, we are hopeful that a sizable amount of this fund will be sourced from the capital market.

11/02/2013

Last year, billions of naira was lost due to flooding. Flooding is a natural peril and can occur at any time without notice. There are insurance policies designed to take care of unexpected incidences as this. Some of them are Life Assurance Policy, Fire and Special Peril, Motor Insurance, etc. Contact us for more

11/02/2013

Guinness Nigeria is to increase her brewing capacity to about 50 percent by November after a $378 million investment . This is expected to boost production and revenue translating to increase profits.

11/02/2013

Need dollars for your import/export transactions, contact us. We'll give you affordable and best market rate.

11/02/2013

The Nigeria Stock Exchange has continued to withness upward trend in market activities. All Share index rose by 901.63 points to close at 33,313.49 with a 2.78 percent increase in market capitalization to close at 10.659 trillion naira.

A total of 3.572 billion ordinary shares worth N24.692 billion made in 39,321 deals were transacted last week on the floor of the exchange in contrast to a total of 2.813 billion shares valued at N22.188 billion that exchanged hands the previous week in 33,123 deals an increase of over 26% with the Financian Sector maintaining dominance and contributing to this increase.

In addition, 1,670 units of FGN bonds valued at N2.087 million were traded during the week in 41 deals. However, there were no transactions in the State/Local Government Bonds and Corporate Bonds/Debentures sectors

11/02/2013

Bumper harvest awaits shareholders of Zenith Bank Plc. Following the board meeting of the bank's director two weeks ago, speculations are rife of an impressive increase of over 25 percent of dividend payout. This is as the market expects her audited 2012 report with an impressive 3rd quarter 2012 report. Last year the bank paid her shareholders 95 kobo dividend.

11/02/2013

Did you know? The Nigerian equities market is the leading African equity market posting a return of 63 per cent in United States dollar terms during the last 12 months according to reports from the Financial Times of London. Also reported is the Foreign Inflow into the equities market of over $878 million, the biggest monthly inflow in recent times.

08/02/2013

One of Nigeria’s indigenous real estate companies, UACN Property Development Company Plc (UPDC) has rolled out plans to float an Initial Public Offer (IPO) via a Real Estate Investment Trust (REIT) fund – UPDC Real Estate Investment Fund. The fund is N30 Billion divided in 3 billion units of N10 each. The offer will commence on the 19th of February and end on 28th of March 2013. Contact us for more information.Oando Plc has extended her Rights Issue Offer to 20th February 2013. If you are a shareholder, do not miss this opportunity. Invest in Oando! Invest in your future!

08/02/2013

Oando Plc has extended her Rights Issue Offer to 20th February 2013. If you are a shareholder, do not miss this opportunity. Invest in Oando! Invest in your future!

Address

8th Floor, Bookshop House, 50/52 Broad Street, Lagos Island
Lagos

Telephone

+2348166621418

Website

Alerts

Be the first to know and let us send you an email when Melborne Capital Ltd posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Melborne Capital Ltd:

Shortcuts

Share