TRENDS IN PRIVATE EQUITY MARKET

TRENDS-IN-PRIVATE-EQUITY_11032016

Private Equity (PE) can be described as capital provided by investors to non-quoted companies with a high growth potential in the medium to long term. Private Equity investors make investments directly into private companies or conduct buyouts of public companies which eventually result in a delisting of the public equity. In other words, PE capital is raised from retail and institutional investors, and can be used to fund start-ups, buy new technologies, expand working capital within an owned company, make acquisitions, or strengthen a balance sheet (Investopedia).

Top News

Top News

In the third quarter of 2018, the nominal year on year growth rate of Trade stood at 3.78%. This indicates an increase by 3.34% points when compared to the third  quarter of 2017 and 3.79% points higher than the previous quarter. More here – NBS Update

Federal government on Tuesday – 12th February 2019, ordered power generation companies to go and find customers to sell their power directly to the identified customers instead of waiting for electricity distributors  to sell power or for payments from government for the shortfalls in their (Gencos) revenues.

IS STOCK TRADING ON HIGH PRICE EARNINGS (P/E) RATIO A GOOD STOCK OR NOT?

“Average P/E ratios (24/5 – 15/10/2018) of Kellog, Alphabet Inc. (Google) and Facebook are 15.76, 50.63 and 21.23 respectively. Which stock is better?”

Determining which of the above stock is better requires valuation of the stocks to arrive at value, which is a cardinal tenet in investment, which is to ensure you do not pay more than what an asset, project or a business is really worth.  Analysts deploy different valuation models and/or combination of models to arrive at a conclusion that an investment/asset is either overvalued or undervalued.  Some models are easier to use than others vis-à-vis the asset class under valuation. However, irrespective of the asset class being valued vis-à-vis technique, remarkably, there is a degree of similarity in basic principles. – Read more here – .http://optionxpress.com.ng/resources-documents/

FOREX RATE

FOREX RATE

I&E FX Window

Rate ($/₦) Change (%)
Opening Indicative as @ Tue Feb 05 2019 362.38 -0.03
Closing 362.58 -0.04
High 364.70
Low 360.00
Turnover ($’mm)
Daily 225.60

I&E – Investors’ & Exporters’ FX Window

CBN Official Rate

as @ Mon Feb 04 2019

Rate ($/₦) Change (%)
Closing 306.75 0.00

FMDQ Spotlight – Newsletter Edition 51 – January 2019

January 2019 edition of the FMDQ Spotlight. As usual, the Newsletter features summary updates on happenings at FMDQ i.e. the initiatives, latest developments, news & events etc., its markets i.e. turnover figures, Members’ participation, listings & quotations, and educational content on financial markets – FMDQ Spotlight – 51th Edition