Formerly Nigerian Aviation Handling Company Plc, Nahco is a leader in the aviation industry, is diversifying towards exporting food items abroad to Walmart, a US supermarket chain, among others. It is also expanding and signing up with more foreign airlines. A strong half-year result which will renew investor confidence for a ‘buy’ (top-line grew by 102%, while bottom line rose 166%). The company has a P.E Ratio of 24x which is high but backed by solid rapid growth in just H1, 2025. Estimated forward P.E Ratio of 12.1, a dividend paying stock. Cautious buy for short term but a strong buy for medium to long term.
Technically
Money flow index shows that little Funds left the stock as of yesterday (30th July, 2025) due to profit taking activities, investors will obviously reshuffle their portfolio to make the most of the company’s strong performance. MACD is currently above SIGNAL LINE, A show of uptrend, Relative strength Index (RSI) of 64, still shows there is room for upside potential
MTNN
The telecommunication giants in recent time rebounded on its performance, following Increases its tariffs coupled with stability in FX which will always impacted itss bottom line. The company swung from a net loss in H1-2024 to a profit of ₦414.856B in H1-2025. Topline surged by 54.5% in H1-2025, P/E of 24x is slightly elevated, However, if growth continues, this is acceptable for a large-cap telco. Forward P/E of 12,1x makes the stock appear fairly to modestly undervalued, especially if earnings recover further.
Technically (1-MONTH TIME FRAME)
Money flow index readings of 56.36 shows a good funds inflow which will further move prices if it continues. RSI nearing OF 78.9 is a short-term overbought, may face mild corrections. MACD is above signal line, signalling upside potential.
