Top Penny Stocks COMPANY
EQUITY TRADING DATA
Multiverse Resource Plc Multiverse Resource Plc
Plc
Price as @ 7th July 2009 (N)
0.65
0.65
Bull Points
Bull Points
Multiverse boast boasts of 4 quarry sites
Latest Dividend Per Share
(N Latest Dividend Per Share
(N)
scattered across Nigeria with a total installed
Current Dividend Yield
Current Dividend Yield
capacity of 1,400 tons per hour and granite
Year End
Year End
Dec.
Dec.
reserve of 44 million metric tons reserve of 44 million metric tons
YearYear-ToTo-Date % Return
Date % Return
-0.99
0.99
With construction and development
Year High Price
Year High Price
0.97
0.97
across the states of the Federation,
across the states of the Federation, its products
Year Low Price
Year Low Price
0.50
0.50
remain a ready market. remain a ready market.
Projected EPS
Projected EPS
0.21
0.21
Projected PER
Projected PER
Target Price (NGN)
Target Price (NGN)
Projected Capital Gain (%)
Projected Capital Gain (%)
3.12
3.12
60.24%
60.24%
Very attractive price Very attractive price
0.04
0.04
6.15%
6.15%
1.04
1.04
Mass Telecom Innovation Plc
Mass Telecom Innovation Plc
Bull Points
Bull Points
The newly emerged 3 strategic
Price as @ 7th July 2009 (N)
0.54
0.54
Latest Dividend Per Share
(N Latest Dividend Per Share
(N)
-
business units are expected to drive the
Year End
Year End
company’s revenue on the medium term company’s revenue on the medium term
YearYear-ToTo-Date % Return
Date % Return
Current Dividend Yield
Current Dividend Yield
-
Dec.
Dec.
-81.69
81.69
Outlook for the industry looks
Year High Price
Year High Price
2.95
2.95
positive with relatively low telecommunication in
Year Low Price
Year Low Price
0.50 0.50
50
Nigeria, growth prospects are quite high Nigeria, growth prospects are quite high
Projected EPS
Projected EPS
0.12
0.12
Projected PER
Projected PER
4.40
4.40
The firm forecasts an after The firm forecasts an after-tax profit
in excess of N600m
by year end.
Target Price (NGN)
Target Price (NGN)
Projected Capital Gain (%)
Projected Capital Gain (%)
0.84
0.84
55.56%
55.56%
Consolidated Hallmark Insurance
Consolidated Hallmark Insurance
Plc
Plc
Price as @ 7th July 2009 (N)
Bull Points
Bull Points
Bull Points
Its risk management and insurance
services covers virtually all classes of the
insurance business
A young and high quality
management team with robust and and customized
I.T platform
At 74k, an exit price of at least N1.00
is easily achievable
Despite the insurance sector exposure
towards the capital market, Hallmark’s Q1 interim
result looks promising. result looks promising.
Latest Dividend Per Share
( Latest Dividend Per Share
(N Share
(N)
Current Dividend Yield
Current Dividend Yield
Year End
Year End
YearYear-ToTo-Date % Return
Date % Return
0.74
0.74
0.00
0.00
0.00%
0.00%
Dec.
Dec.
-30.84
30.84
Year High Price
Year High Price
1.07
1.07
Year Low Price
Year Low Price
0.50
0.50
Projected EPS
Projected EPS
0.25
0.25
Projected PER
Projected PER
2.90
2.90
Target Price (NGN)
Target Price (NGN)
Projected Capital Gain (%)
Projected Capital Gain (%)
1.27
1.27
72.26%
72.26%
Sovereign Insurance Plc Sovereign Insurance Plc
Insurance Plc
Bull Points
Bull Points
Bull Points
Price as @ 7th July 2009 (N)
0.72
0.72
Latest Dividend Per Share
(N Latest Dividend Per Share
(N)
0.03
0.03
Current Dividend Yield
Current Dividend Yield
Sovereign parades tailor-made
security and pension solutions with full coverage
of both life and non-life insurance products life insurance products
Sovrenins s is currently trading at is
support level
Its forward
Its forward PER clearly shows that the
stock is grossly, if not ridiculously, undervalued grossly, if not ridiculously, undervalued
Barring all unforeseen circumstances,
year low price of 68k may not be attainable again. ear low price of 68k may not be attainable again.
Year End
Year End
YearYear-ToTo-Date % Return
Date % Return
4.17%
4.17%
Dec.
Dec.
-34.29
34.29
Year High Price
Year High Price
1.28
1.28
Year Low Price
Year Low Price
0.68
0.68
Projected EPS
Projected EPS
0.29
0.29
Projected PER
Projected PER
2.49
2.49
Target Price (NGN)
Target Price (NGN)
1.45
1.45
Projected Capital Gain (%)
100.84%
Projected Capital Gain (%)
100.84%
NOTE: The Capital Market is a market for long-term term investment, however, we advice that you set your price target in order to lock-in in a reasonable profit whenever such opportunity arises. Investment horizon of a minimum of 2 years will be adviseable.
Important Disclosures This report is produced by the Research Desk, Cowry Asset Management Limited (CAML) as a guideline for Clients that inte This report is produced by the Research Desk, Cowry Asset Management Limited (CAML) as a guideline for Clients that intend to invest in securities on the basis of their own investment decision
nd to invest in securities on the basis of their own investment decision
without relying completely on the information contained herein. The opinion contained herein is for information purposes only without relying completely on the information contained herein. The opinion contained herein is for information purposes only and does not constitute any offer or solicitation to ente and does not constitute any offer or solicitation to enter into any
trading transaction. While care has been taken in preparing this document, no responsibility or liability whatsoever is accep trading transaction. While care has been taken in preparing this document, no responsibility or liability whatsoever is accepted by any member of CAML for errors, omission of facts, and any direct
ted by any member of CAML for errors, omission of facts, and any direct
or consequential loss arising from the use of this report or its contents. is report or its contents.