Our opinion on the current state of NCS
Nictus (NCS) is a furniture and electrical appliance retailer with three stores in South Africa. It also sells short-term insurance through Corporate Guarantee. In its financials for the year to 31st March 2023 the company reported revenue up 4,14% and headline earnings per share (HEPS) up 65,62%. The group's total assets increased by 22,59% to R870,4m. In a trading statement for the six months to 30th September 2023 the company estimated that HEPS would be between 6,86c and 7,02c compared with a loss of 0,82c in the previous period. The enduring problem with this company is that its shares are far too thinly traded to be practical for private investors.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.