Printing Press Stocks-the Silent Wealth Creation

Obviously the market has formed trend and pattern that is, making quantum leap and insignificantly downward movement. By extension testing new different highs and subsequently slowdown on its oasis.
Printing press stocks-the silent wealth creation
Obviously the market has formed trend and pattern that is, making quantum leap and insignificantly downward movement.

If you closely observe what is going on in different sectors, you would quite agree with me, printing press stocks have virtually recovered from
If you closely observe what is going on in different sectors, you would quite agree with me, printing press stocks have virtually recovered from the stock meltdown, so to say.
Let us examine briefly the stocks under this sector:

Longman is currently selling at pre-meltdown price factoring the 2 for 1 bonus declared to the core investor recently.

University press at current price is heading towards the pre-meltdown price, albeit there is also a rumour of 1 for 4 and 30 kobo dividend. This might move the price upward, provided it turns out to be true.

Academy press rewarded there shareholders well last financial year, a 2 for 1 bonus and a dividend of 6 kobo. This is a fantastic reward, compare to what is obtainable in other sectors on the floor of Nigerian stock exchange.

Although dailytime is moribund, the probability that the company will bounce back to operation is very high, because there are indications that a new core investor has bought over the company. With the oncoming of new investor, the company will return to profitability definitely,and the stock might be “miracle stock” so to say in not too distant future.

Facts about the sector

1, low shares in outstanding,
this is the sector that can give out bonus conveniently without creating any instability in there prices on the floor.

2, institutional investors,
the institutional investors are holding substantial stakes in these companies as a result the possibility of price stability is assured.

3, Sizeable loan profiles,
these companies debt profile is manageable, however the good percentage of there profit will come to investors as reward, unlike the reverse when the profit will be used to service debt.

4, contracts from government,
state governments across the countries have started distributed educational materials to secondary and primary schools, these materials almost come in form of textbooks, notebooks and other allied educational materials produce by these companies. it is obvious government will patronize big companies especially the public quoted companies.

5,commendable earnings per shares,
they have been maintaining stable and better earnings per shares in the time past even at the current financial year,forinstance Longman has full year earning of 87 kobo while university press has 70 kobo for third quarter 2009.