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RIOZ.zw | Further Cautionary Statement

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Posted by admin 11 days ago (http://feedproxy.google.com)
Further to the cautionary notice published on 18 September 2014, in which the Company advised that it intends to resuscitate mining activity at its Cam & Motor Mine and seek funding from the shareholders in the form of a Rights Issue, the Directors of RioZim Limited wish to advise shareholders that negotiations for the Rights Issue are still in progress. The finer details of the proposed Righ

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ZSE market commentary | 10 October 2014

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Posted by admin 10 days ago (http://feedproxy.google.com)
Industrials The Industrial index lost 0.84 points (0.44%) to close at 189.14 cents. NATFOODS (NTFD.zw) moved 10 cents down to 300 cents and ECONET (ECO.zw) shed 1.21 cents to 78 cents. BAT (BAT.zw) decreased by a cent to 1397 cents, while MEIKLES (MEIK.zw) and RADAR (RADR.zw) each put off half a cent to close at 15.5 cents and 2.5 cents respectively. Gains for the day were recorded in SEEDCO (SE

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Is Nigeria’s 7-Up Bottling Company a Bargain?

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Posted by admin 11 days ago (http://www.investinginafrica.net)
Nigeria's 7-Up Bottling Company is one of the Nigerian Stock Exchange's best performing shares this year, surging 107% on the back of strong sales and earnings growth. Here we examine whether the Pepsi distributor's current price offers value to long-term investors.

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ZSE market commentary | 02 October 2014

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Posted by admin 18 days ago (http://feedproxy.google.com)
Industrials The Industrial index shed 0.56 points (0.29%) to 194.15 points. FIRST MUTUAL (FML.zw) and NMB (NMB.zw) both closed at 4 cents, after losing a cent and 0.6 cents respectively. TA HLDS (TAHO.zw) dropped 0.51 cents to 15 cents; PADENGA (PHL.zw) decreased by half a cent to 7.5 cents and ARISTON (ARIS.zw) traded 0.4 cents lower at 0.6 cents. On the gainers, AFDIS (AFDS.zw) added half a ce

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BRDR.zw | Audited results for FY ended 30 Jun 14

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Posted by admin 18 days ago (http://feedproxy.google.com)
Financial Highlights: - Revenue: $ 18 058 003 - Loss from operations: $ 8 676 898 - Loss before tax: $ 10 848 723 - Total comprehensive loss for the period: $ 9 312 536 - Dividend: Nil - Loss per share: 21.69 US cents

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MMDZ.zw | Abridged results for HY ended 30 Jun 14

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Posted by admin 18 days ago (http://feedproxy.google.com)
Financial Highlights: - Turnover: $ 6 118 702 - Gross profit: $ 1 609 246 - Operating loss: $ 172 395 - Loss before tax: $ 313 969 - Loss after tax: $ 233 122 - Loss per share from continuing operations : 0.0083 US cents

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PION.zw | Unaudited results for HY ended 30 Jun 14

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Posted by admin 19 days ago (http://feedproxy.google.com)
Financial Highlights: - Revenue: $ 22 069 000 - Other operating income: $ 342 000 - Loss from operations: $ 510 000 - Loss before tax: $ 692 000 - Loss for the period: $ 835 000 - Total comprehensive loss for the period, net of tax: $ 848 000 - Dividend: Nil - Basic loss per share: 0.78 US cents - Diluted loss per share: 0.78 US cents

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HCCL.zw | Unaudited results for HY ended 30 Jun 14

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Posted by admin 19 days ago (http://feedproxy.google.com)
Financial Highlights: - Revenue: $ 33 048 167 - Other income: $ 319 129 - Loss from operations: $ 7 632 349 - Loss before tax: $ 8 714 732 - Loss for the period: $ 7 880 393 - Total comprehensive loss for the period: $ 7 880 393 - Basic loss per share: 0.04 US cents - Headline loss per share: 0.04 US cents

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