|Day's Range||118.57 - 119.52|
|52 Week Range||99.46 - 123.48|
|PE Ratio (TTM)||24.53|
|Dividend & Yield||3.04 (2.52%)|
|1y Target Est||136.15|
Guinness Nigeria has started receiving subscriptions for its 39.70 billion naira ($126 mln) share sale to existing shareholders, which will end in five weeks' time, the company said on Monday. The beer maker, the local unit of the world's leading spirit maker Diageo (LSE: DGE.L - news) , said in a statement shareholders can buy five new shares from the company for every 11 held, at 58 naira each, before the offer closes on August 30. The company, which is 54 percent owned by Diageo, reported its first annual loss in 30 years in September last year, triggering the rights issue.
The shares may be down but brand behemoth Reckitt Benckiser (LON:RB) is still a great long-term bet.
Unilever plc (LON: ULVR) has climbed by 1,300% since 1988, massively beating the FTSE 100 (INDEXFTSE: UKX).