NICO Holdings Business Review and Market Insights

NICO Holdings is a diversified conglomerate with a presence in various sectors, including finance, energy, and infrastructure. The company has a significant footprint in Malawi and other African countries.

NICO Holdings has a long history dating back to 1987, when it was established as a financial services company. It has since grown into a multinational conglomerate with a diverse portfolio of businesses.

The company's financial services arm, NICO Life, is one of the largest life insurance companies in Malawi. It offers a range of insurance products to individuals and businesses, providing financial security and protection to its clients.

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NICO Holdings' financial performance is closely tied to the stock market, specifically equities. The company's stock, NICO Stock, is a key indicator of its financial health.

The stock market is a significant factor in NICO Holdings' income statement, and estimates of its performance are closely watched by investors.

Here are some key statistics related to NICO Holdings' financial performance:

The income statement is a crucial document that provides a snapshot of a company's financial performance. It's like a report card for the company, showing how well it's doing financially.

One of the key things to look at on the income statement is the company's stock market performance, specifically the NICO Stock. This will give you an idea of how the company's stock is doing in relation to the overall market.

The income statement also breaks down the company's equities, which is essentially the company's ownership structure. In the case of NICO Holdings plc, the company's equities are a key part of its financial performance.

Here's a breakdown of the key components of the income statement for NICO Holdings plc:

NICO Holdings has seen significant price growth over the years, with its current share price at MK 830.68.

The company's 52-week high was MK 843.00, while its 52-week low was a much lower MK 198.68.

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NICO's beta is -0.28, indicating that its stock price tends to move in the opposite direction of the market.

In the past month, the company's share price has increased by a staggering 98.24%.

Over the past three months, the share price has risen by 189.42%, and in the past year, it has increased by 315.51%.

Looking at the longer term, the company's share price has grown by 1,410.33% over the past three years and by 1,612.74% over the past five years.

Here's a summary of NICO's price performance over the years:

This impressive growth has made NICO a standout performer in the market.

NICO's price volatility is a key factor to consider when evaluating the company. NICO's average weekly movement is 8.8%, which is higher than the insurance industry average of 5.0%.

However, this volatility is actually relatively stable compared to the market average of 7.8%. In fact, NICO's weekly volatility has been stable over the past year at 9%.

Here's a comparison of NICO's volatility to that of other stocks in the MW market:

This data suggests that while NICO's price does fluctuate, it is not unusually volatile compared to other stocks in the MW market.

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In this process, we assess potential risks and identify areas that require attention. This helps us make informed decisions and develop strategies to mitigate potential threats.

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NICO's price volatility is relatively stable compared to the market.

In fact, NICO's average weekly movement is only 8.8%, which is lower than the market average of 7.8%.

Stable Share Price: NICO has not had significant price volatility in the past 3 months compared to the MW market.

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This is a good sign for investors, as it suggests that NICO's stock price is not subject to wild fluctuations.

NICO's weekly volatility has been stable over the past year, coming in at 9%.

In contrast, the 10% most volatile stocks in the MW Market have an average weekly movement of 10.7%, which is significantly higher than NICO's.

On the other hand, the 10% least volatile stocks in the MW Market have an average weekly movement of 0.06%, which is a tiny fraction of NICO's movement.

The insurance industry average movement is even lower, at 5.0%, which suggests that NICO's price volatility is still relatively low compared to its peers.

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NICO Holdings has a diverse group of shareholders, with Africap LLC holding the largest percentage of ownership at 27.91%. The company's shares are traded on the Malawi Stock Exchange under the symbol NICO.

The second-largest shareholder is Botswana Insurance Holdings Limited, with a 25.10% stake in the company. This demonstrates a significant presence of international investors in NICO Holdings.

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The majority of the remaining shares are held by other local and international investors, making up 45.89% of the total ownership. This suggests a strong presence of diverse investors in the company.

Here is a breakdown of the top shareholders in NICO Holdings:

The Board of Directors of NICO Holdings Limited and NICO Holdings plc is made up of experienced individuals with diverse backgrounds and expertise.

The Chairman of the Board is Gaffar Hassam, who has been in this position since.

Gaffar Hassam is 49 years old and has been a part of the Board since.

The Board has a total of 9 members, including the Chairman.

Here is a list of the Board members:

The majority of the Board members have been in their positions for over a decade, with some having been on the Board since the early 2000s.

Equities play a significant role in NICO Holdings Plc's ownership structure. The company has a diverse range of shareholders, as seen in the ownership table.

The largest shareholder is Africap LLC, holding a staggering 27.91% of the company's shares. This is a considerable amount of ownership, indicating a strong presence in the company's decision-making process.

Another significant shareholder is Botswana Insurance Holdings Limited, owning 25.10% of the company's shares. This highlights the importance of international investors in NICO Holdings Plc's ownership structure.

NICO Company Employees Share Ownership Scheme holds a relatively small but still notable 1.10% of the company's shares. This shows that employees are also invested in the company's success.

The remaining 45.89% of shares are held by other local and international investors. This diverse range of shareholders contributes to the stability and growth of the company.

Here's a breakdown of the top shareholders:

NICO Holdings has a significant presence in the property sector, with a diverse portfolio of companies.

NICO Holdings has a 100% shareholding in Group Fabricators & Manufacturers, a property holding company based in Blantyre, Malawi.

The company also holds a 62.71% stake in ICON Properties Plc, a property holding company listed on the Malawi Stock Exchange (MSE).

NICO Holdings' property development arm, Eris Properties Malawi Ltd, owns and manages several commercial properties in Malawi, with a 50% shareholding.

Blantyre Hotels plc, a hospitality company based in Malawi, has a 34.52% shareholding controlled by NICO Holdings.

Here's a breakdown of NICO Holdings' shareholdings in the property sector:

NICO Holdings has a significant presence in the property sector through its various subsidiaries and investments.

One of its key property holding companies is Group Fabricators & Manufacturers, a 100% shareholding company based in Blantyre, Malawi.

The company also has a stake in ICON Properties Plc, a property holding company listed on the Malawi Stock Exchange (MSE) with a 62.71% shareholding.

Eris Properties Malawi Ltd, a 50% shareholding company, is another notable investment, with a focus on property development and management in Malawi.

Blantyre Hotels plc, a 34.52% shareholding company, operates a hotel business in Malawi under a management contract with Protea Hotels and Inns Limited of South Africa.

In addition to these companies, NICO Holdings also controls more than 5% of the issued equity interest in several other companies, including Sanlam Uganda, Old Mutual, National Bank of Malawi plc, and National Investment Trust plc.

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As we explore the Property and Operations aspect of NICO Holdings, it's clear that the company has a significant presence in various sectors. The company's sales by activity reveal a substantial increase in banking services, with sales reaching 147 billion in 2023.

In terms of geographical breakdown, Malawi and Zambia are the primary markets for NICO Holdings. Malawi accounted for 281 billion in sales in 2023, while Zambia generated 27.07 billion. These figures demonstrate the company's commitment to expanding its reach in these regions.

The company's asset management services have also seen significant growth, with sales increasing from 8.47 billion in 2019 to 32.48 billion in 2023. This represents a substantial 284% increase over the four-year period.

Here's a breakdown of the company's geographical sales for 2023:

The company's investment holding services have also seen a notable increase, with sales reaching 20.61 billion in 2023. This represents a significant growth from the 5.08 billion recorded in 2019.

NICO Holdings has a robust insurance and compliance framework in place, which is crucial for its operations.

The company has a dedicated team that oversees all insurance and compliance matters, ensuring that NICO Holdings meets all regulatory requirements.

NICO Holdings has a comprehensive insurance policy that covers its assets, employees, and third-party liabilities.

This policy includes coverage for property damage, liability, and workers' compensation.

NICO Holdings is also compliant with all relevant laws and regulations, including those related to financial reporting and data protection.

The company's compliance framework is regularly reviewed and updated to ensure that it remains current and effective.

NICO Holdings is a Malawian conglomerate with a diverse portfolio of businesses.

The company operates in various sectors, including agriculture, manufacturing, and energy.

NICO Holdings has a significant presence in the Malawian market, with a strong brand reputation.

The company's agricultural business is a major contributor to its revenue, with a focus on producing high-quality crops.

NICO Holdings has made significant investments in its manufacturing sector, expanding its product offerings and increasing its market share.

The company's energy business is a growing segment, with a focus on renewable energy sources.

NICO Holdings has a strong management team in place, with experienced professionals leading its various businesses.

The company's financial performance has been stable, with consistent revenue growth over the years.