APEX INVEST

Taiwan Semiconductor Manufacturing Company ($TSM) 2Q26 Results:

Revenue +36.0% YoY.
Net income +77.4%.
Operating income +65.4%.

The 12-point gap between operating and net income growth is where the real read begins.

Read the full research analysis here:
x.com/i/status/2078054663161512354

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2 weeks ago | [YT] | 1

APEX INVEST

Oando Plc ($OANDO) FY2025 Audited Results:

Oando FY2025 revenue declined 22% to ₦3.18tn. Cost of sales exceeded revenue, causing the gross margin to turn negative (-0.09%) from +2.28% in FY2024.

The auditors also flagged a material uncertainty related to going concern.

Read the full research here: x.com/i/status/2076677672772489399

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2 weeks ago | [YT] | 1

APEX INVEST

HBM Nigeria Plc ($HBMNG) Q1 2026 Results
(formerly Lafarge Africa – $WAPCO) Q1 2026:
PAT +43%.
Gross margin: 61%.

Impressive on the surface. The real story is price, not volume—which tells you something the headline doesn't.

Read the full research analysis here:
x.com/i/status/2075243869256532141

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3 weeks ago | [YT] | 2

APEX INVEST

Netflix ($NFLX) Q1 2026 Results:

Revenue $12.25bn (+16% YoY).
Operating income $3.96bn (+18%).

Content amortization grew just 10% against 16% revenue growth, this is genuine operating leverage in the core streaming business.

The profit headline tells a different story.

Read our full research analysis here: x.com/i/status/2074871461127270667

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3 weeks ago | [YT] | 1

APEX INVEST

Airtel Africa ($AIRTELAFRI) FY2026 Results
(NGX's most valuable stock by market capitalization)

Reported PBT +114.5% YoY.
PAT rose from $328m to $813m.

The headline is strong. Three layers underneath it sharpen the read.

Read our full research analysis here: x.com/i/status/2074586327455072542

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3 weeks ago | [YT] | 2

APEX INVEST

Dangote Cement Plc ($DANGCEM) Q1 2026 Results:

Revenue +20.4% to ₦1.20tn.
PAT +53.5% to ₦321.1bn. Gross margin: 59.1% → 62.5%.
Operating cash flow nearly doubled to ₦591.3bn — running at 1.84× net income. That cash conversion ratio is the strongest signal in the filing.
The composition beneath the headline is where the story gets layered.

Read more here: x.com/i/status/2073528150479258100

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3 weeks ago | [YT] | 3

APEX INVEST

NGX 30 Index Rebalancing (Effective 1 July 2026)

The Nigerian Exchange (NGX) has completed its latest semi-annual review of the NGX 30 Index.

Added: NASCON Allied Industries Plc, and Unilever Nigeria Plc.

Removed: Oando Plc, and Transnational Corporation Plc (Transcorp).

The NGX 30 is reviewed twice a year—typically in June and December—using free-float market capitalization and trading liquidity to ensure the index reflects Nigeria's largest and most liquid listed companies.

While index changes may influence short-term fund flows from passive investors, index membership alone is not a measure of a company's intrinsic value or long-term investment quality.

At APEX INVEST, our research remains focused on fundamentals, valuation, and long-term wealth creation.


Read the full research here: x.com/i/status/2072962669229801750

#NGX #NGX30 #NigerianStocks #EquityResearch #ValueInvesting

4 weeks ago | [YT] | 1

APEX INVEST

Micron Technology ($MU) Q3 FY2026 Results:

Revenue +346% YoY to $41.5bn.
Gross margin 38% to 85%. All four business units posting 75%+ operating margins.
The numbers are exceptional. What's driving them and what sits underneath them is the real read.

📖 Read the full research here: x.com/i/status/2072379308174160202

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4 weeks ago | [YT] | 1

APEX INVEST

Micron Technology ($MU) FY2025 Results:

Gross margin: 39.8% in FY2025, up from 22.4% in FY2024. Revenue and operating income both swung sharply higher off the FY2023 downturn base.

Looks like a clean continuation of the recovery.

The composition of this year's numbers—not just their size—is where the real story sits.

Read it on Apex Invest x.com/i/status/2071274510964150674



#MICRON #STOCKS #ANALYSIS

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1 month ago | [YT] | 2

APEX INVEST

Microsoft Corporation (#MSFT) FY2025: Revenue $281.7B (+15%). Operating income $128.5B (+17%). Net income $101.8B (+16%).

All three segments grew operating income in the 17–18% range broad-based, not one-segment-led. The growth is real. The margin story underneath is more nuanced.

Read more via APEX INVEST Research:

x.com/i/status/2070151612404785189

#Microsoft #MSFT #StockMarket #Investing #EquityResearch #FinancialAnalysis #FundamentalAnalysis #AI #Azure #CloudComputing #APEXINVEST

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1 month ago | [YT] | 1