Nigerian Stock Exchange Market Pick Alerts - Investment (9057) - Nairaland
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| Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 5:42pm On May 31, 2025 |
Agbalowomeri:You too spoil I will delay my insurance sales till end of this month make I observe your TA call on that sector. I done taya with aiico lol |
| Re: Nigerian Stock Exchange Market Pick Alerts by Amarachibaby(f): 5:45pm On May 31, 2025 |
Meerahbel: |
| Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 5:47pm On May 31, 2025 |
yMcy56: ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by Amarachibaby(f): 5:48pm On May 31, 2025 |
Meerahbel:Thank you sir, pls do you have pdf of any of the book mentioned |
| Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 6:03pm On May 31, 2025 |
cocolacec:I don't think so. The normal end of year dividend of 3.6 cents and the special dividend of 3.3 cents were paid seprately and if you have different accounts with the registrars it's also treated separately when they are paying dividend. This is from experience. |
| Re: Nigerian Stock Exchange Market Pick Alerts by cocolacec(m): 6:08pm On May 31, 2025 |
emmasoft:Thanks |
| Re: Nigerian Stock Exchange Market Pick Alerts by SohSoh: 6:24pm On May 31, 2025*. Modified: 7:28pm On May 31, 2025 |
" BUY " RECOMENDATION : MECURE INDUSTRIES Executive Summary Mecure Industries Plc has demonstrated resilient financial performance for the fiscal year 2024/2025, underpinned by strong revenue growth, rising operating profitability, consistent commercial paper issuances, and a dividend payout to shareholders. With a year-on-year (YoY) revenue increase of 45% to ₦46.03 billion and a Profit After Tax (PAT) of ₦2.33 billion, the company remains well-positioned for sustainable expansion within Nigeria’s evolving healthcare landscape. Given its favorable growth indicators, attractive valuation relative to peers, and continued investor confidence via capital market instruments, we recommend a BUY rating for Mecure Industries Plc. Strategic Developments & Capital Structure Mecure Industries has shown disciplined financial stewardship through the issuance of Commercial Paper (CP) to fund working capital and expansion needs. The company expanded its CP programme from ₦20 billion to ₦40 billion, demonstrating its creditworthiness and market confidence. Notable CP issuances include: • Series 4 (April 2025): ₦9 billion at 22.5468% discount (267-day tenor) • Series 3 (June 2024): ₦6.5 billion at 23.26% • Series 2 (Feb 2024): ₦6.03 billion at 18.20% • Series 1 (Dec 2023): ₦5.12 billion at 16.68% The cumulative issuance of over ₦26 billion within a 16-month period reinforces the company’s access to debt capital markets and a robust funding strategy. While Fidson leads in revenue and PAT, Mecure exhibits a balanced profile of profitability, dividend distribution, and manageable finance costs. Neimeth, despite high revenue growth, remains unprofitable and exposed to FX volatility. ⸻ Valuation & Investment Case • Price-Earnings Ratio (P/E) (Est.): ~19.0x – In line with industry averages • Dividend Yield: ~1.35% (₦0.15 per ₦11.10 share price) • Debt Profile: Actively managed through CP issuances with market-reflective discount rates ⸻ Key Investment Drivers 1. Strong Earnings Momentum: PAT of ₦2.33bn and revenue growth of 45% YoY demonstrates robust operational efficiency. 2. Strategic Use of Debt Capital: CP programme shows active treasury management and funding agility. 3. Dividend Payment: Indicates shareholder value creation and financial stability. 4. Sector Growth: Nigeria’s healthcare and pharmaceutical sector continues to benefit from increased health spending, import substitution policies, and rising demand for local manufacturing. 5. Institutional Confidence: CP programme expansion and successful issuance point to strong investor trust and liquidity support. ⸻ Risks to Outlook • Rising finance costs (₦4.98 billion) could impact bottom-line margins if not carefully managed. • Heavy reliance on debt markets for working capital raises leverage concerns, particularly in high-interest environments. • Macroeconomic risks including FX fluctuations and inflation could affect input costs and consumer demand. ⸻ Conclusion Mecure Industries Plc presents a solid investment opportunity with strong fundamentals, strategic debt management, dividend income potential, and medium-term growth outlook. For investors seeking exposure to Nigeria’s pharmaceutical sector, Mecure offers a compelling mix of value, yield, and expansion capacity. We assign a BUY recommendation, supported by stable financials, expanding operations, and disciplined capital management. ⸻ This recommendation is for informational purposes only and does not constitute investment advice. Investors are encouraged to conduct independent analysis or consult a licensed financial advisor before making any investment decision.
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| Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 7:17pm On May 31, 2025 |
SohSoh:So after the comparison, you placed Mecure above Fidson because of commercial papers? Hope people are not paying you for this recommendation? |
| Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 7:20pm On May 31, 2025 |
Agbalowomeri:Lol. We are still in the marriage oh. The love done reduced. I moved a little to Honeywell when I saw access at 23.40. I go return for the N1 interim. |
| Re: Nigerian Stock Exchange Market Pick Alerts by SohSoh: 7:26pm On May 31, 2025 |
Thank you for your comment. To clarify, this is a current BUY recommendation for Mecure Industries Plc, Heishere: |
| Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 7:27pm On May 31, 2025 |
From my analysis Nascon is looking good for N70-N80 but it seems as if they’re overstated their EPS in Q1 ![]() N’000 7,577,885 PAT, OS of 2,702,427,146 should give you N2.80 |
| Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 7:31pm On May 31, 2025 |
Mpeace:ACCESS promised you N1 interim and you believe ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by GeeKudi: 7:33pm On May 31, 2025 |
And he keeps posting the long piece repeatedly. We have seen it already nah ![]() Heishere: |
| Re: Nigerian Stock Exchange Market Pick Alerts by SohSoh: 7:38pm On May 31, 2025 |
Thank you for your comment. To clarify, this is a current BUY recommendation for Mecure Industries Plc, GeeKudi: |
| Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 8:14pm On May 31, 2025 |
Agbalowomeri:since this year, I have been in and out of Access like 4times. It's like each time I deposit money for investment it first goes to Access for small 5- 10% before Its final destination. Currently I hold 20% of my Access bank portfolio from January. |
| Re: Nigerian Stock Exchange Market Pick Alerts by Xidget: 8:19pm On May 31, 2025 |
Sunrisepebble:Do you still think it can do 70 - 80 based on the 2.80 Eps? |
| Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 8:27pm On May 31, 2025 |
GeeKudi:My guy still dey learn work for Loco hand ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 9:38pm On May 31, 2025 |
Yes, my analysis was based on that NFA/DYOR Xidget: |
| Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 10:38pm On May 31, 2025 |
Heishere:Lwkd .This na forest partner. He is looking for 10-20% gain |
| Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 10:42pm On May 31, 2025 |
Agbalowomeri:You too doubt. Whr is thou faith men of Little faith |
| Re: Nigerian Stock Exchange Market Pick Alerts by SohSoh: 11:22pm On May 31, 2025 |
IF YOU LOOK HERE, AT REVENUE VS PEERS : I PLACED IT ABOVE NEIMETH AND BELOW FIDSON SohSoh: |
| Re: Nigerian Stock Exchange Market Pick Alerts by SohSoh: 11:23pm On May 31, 2025 |
IF YOU LOOK HERE, AT REVENUE VS PEERS : I PLACED IT ABOVE NEIMETH AND BELOW FIDSON Heishere:
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| Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 12:17am On Jun 01, 2025 |
May is over.. ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 3:23am On Jun 01, 2025 |
Happy New month Uncle Agba Aunty Ymcy Uncle Loco Uncle sunrise Uncle Mpeace Uncle Emma Uncle Street Uncle coolcash Uncle currentprice... And the host of other great minds too NUMEROUS to MENTION 😁😁😁😁😁... |
| Re: Nigerian Stock Exchange Market Pick Alerts by Picky1: 4:55am On Jun 01, 2025 |
chimex38:I dey follow you my Bros. Thank you! ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by Picky1: 5:11am On Jun 01, 2025 |
Babygal2020:FBNQUEST, FDSH etc. are seriously looking for customers and will be very happy to get you on. Ensure you have all the required documents....We are proud of serious girls like you....please keep it up! ![]() Send an email to FBNQUEST Customer Care: ccu@fbnquestmb.com |
| Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 7:04am On Jun 01, 2025 |
Streetinvestor2:Even if dem give you N1 interim, be sure that they won't increase year end dividend as they would normally do. Stinginess wan woundjure them. How can you make N16 and you can't do giveaway with N6 |
| Re: Nigerian Stock Exchange Market Pick Alerts by jonnysessy(m): 7:10am On Jun 01, 2025 |
The rate at which I get email messages from Chams, I wonder if I am a director in the company. They even just wish me a happy new month. I am very curious and wondering if other shareholders are receiving the mails too. If only they can use the energy to improve the company and pay me dividend or the price appreciate and I sell and make some gains. I have but only tasere units. |
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