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Stock quote for MTNGH on Ghana Stock ExchangeStock quote for MTNGH on Ghana Stock Exchange

Scancom Plc, more commonly known as MTN Ghana, is a public limited liability company first incorporated in Ghana in April 1994 and licensed by the NCA as a mobile telecommunications services operator. In November 1994, MTN (then using the trade name “Spacefon”) launched its GSM mobile cellular services with initial coverage in Accra and Tema. Coverage was expanded to Kumasi and Obuasi in 1997, and to Takoradi, Bibiani, Tarkwa and Cape Coast in 1999. Since then, MTN has built a robust customer base in Ghana, increasing its subscribers from 2.5 million in 2006 to nearly 18 million as at December 2017. MTN Ghana's main revenue lines are airtime and subscription, interconnect and roaming, SMS, data, handset and accessories, mobile money, and value added services. Data and mobile money are expected to be the dominant drivers of revenue due to increased internet use and reliance on mobile money for payments.

MTNGH0.70 ▪ 0.00
Last Trading ResultsGrowth & Valuation
Opening Price:0.70Earnings Per Share:0.0737
Day's Low Price:--Price/Earning Ratio:9.50
Day's High Price:--Dividend Per Share:0.05
Traded Volume:3,400Dividend Yield:7.14%
Number of Deals:--Shares Outstanding:12.29b
Value/Turnover:2,380.00Market Capitalization:8.60b
Monetary values are quoted in Ghana Cedi (GHS) unless otherwise stated

MTNGH Stock Market Performance


The stock of MTN Ghana (MTNGH) is currently trading at 0.70 GHS per share on the Ghana Stock Exchange. MTNGH began the year with a share price of 0.79 GHS but has since lost 11.39% off that price valuation, ranking it 24th on the GSE in terms of year-to-date performance. The table below details the last 10 trading days of activity of MTN Ghana on the Ghana Stock Exchange.


Profile of Scancom Plc

Below is an abridged, consolidated report of the latest annual financial statements for Scancom Plc. The company’s financial year runs from January 1 to December 31. The reporting currency for the monetary data presented herein is the Ghana Cedi (GHS). All amounts are expressed in millions with the exception of per share items.

Income Statement
Total Revenue3,419.752,773.222,315.671,993.411,752.61
Cost of Revenue-1,185.20-931.85-960.43-763.45-599.16
Gross Profit2,234.551,841.371,355.241,229.961,153.45
Operating Expense-902.33-708.34-414.65-404.50-496.20
Other Op. Income-341.23-258.37-282.62-279.52-149.43
Non-Operating Income-21.96-54.19-34.97-37.11-9.84
Income Tax-254.27-277.95-192.21-152.20-136.59
Net Income714.77542.51430.79356.62361.38
Balance Sheet
Total Assets3,448.452,756.202,323.802,116.361,855.01
Total Liabilities1,579.811,132.331,135.441,083.79928.07
Total Equity1,868.641,623.871,188.361,032.57926.95
Equity & Liabilities3,448.452,756.202,323.802,116.361,855.01
Cash Flow Statement
Operating Activities391.32859.69437.83254.37296.32
Investing Activities-512.80-862.72-508.76-318.83-346.17
Financing Activities185.93-132.6086.04-7.74105.72
Net Cash Flow64.44-135.6315.11-72.2055.87
Cash & Cash Equiv.196.73151.67284.28242.43291.12

Scancom Plc operates in the Telecommunications sector, specifically, the Mobile Telecommunications industry. The company is led by Ebenezer Twum Asante (51) as its Chief Executive Officer, since 2015. The company's board of directors, chaired by Ishmael Yamson (76), is composed of eight members whose names are listed below.

  1. Yamson, Ishmael
  2. Asante, Ebenezer Twum
    Chief Executive Officer
  3. Kadri, Modupe Agbolade
    Chief Financial Officer
  4. Abeasi, Kwasi
    Non-Executive Director
  5. Perumal, Sugentharen
    Non-Executive Director
  6. Mupita, Ralph
    Non-Executive Director
  7. Jakoet, Fatima
    Non-Executive Director
  8. Pomes, Albert Fernandez
    Non-Executive Director
Factsheet of Scancom Plc
Mobile Telecommunications
MTN House, Independence Avenue, West Ridge, Accra, Ghana
+233-24-430-0000, +233-24-100-62279

Index of African Stock Exchanges:

  1. BRVM Stock Exchange
  2. Botswana Stock Exchange
  3. Ghana Stock Exchange
  4. Lusaka Stock Exchange
  5. Malawi Stock Exchange
  6. Nairobi Securities Exchange
  7. Nigerian Stock Exchange
  8. Zimbabwe Stock Exchange

Comments (57)

  1. Ibrahim AbubakarIbrahim Abubakar
    Jan 28, 2019 12:43 GMT

    Mtn shares keeps on decreasing. Please is there any reason

    1. MabelMabel
      Mar 9, 2019 23:53 GMT

      MTN's IPO price was 75p just about 6 months ago. Then they say they've grown the business by over 20%, digital revenue over 25%, data revenue over 30% but THEY PAY DIVIDEND OF ONLY 2 PESEWAS!!! What kind of scam life is this??

  2. SarfoSarfo
    Feb 20, 2019 21:06 GMT

    Hasn't the mobile money trading of MTN share started? If not, when since we will soon be entering March!!!

    1. SarfoSarfo
      Feb 28, 2019 21:02 GMT

      Anyone, please when will trading of mtn shares with mobile money be activated? We are just 3 days away from entering march and still can't trade!!

  3. AnthonyAnthony
    Aug 28, 2019 20:11 GMT

    Daniel, please is it possible to get your number.

    This is my number 0245290141.


  4. David Mawufemor TsatsakuDavid Mawufemor Tsatsaku
    Aug 27, 2019 13:34 GMT

    I can't get access to my mtn shares.please i need your number is 0559925196

  5. Wadi +233244224196Wadi +233244224196
    Sep 7, 2019 11:02 GMT

    I have 1550 shares I want to trade. I filled out the form and and submitted it to IC securities for about three months now I keep calling but nothing came out. Now I have got someone to purchase, I wanted to link the fellow to IC securities to sell it to him but they said it doesn't work that way.... I want to trade my shares now please help me out

  6. AbassAbass
    Aug 7, 2019 21:07 GMT

    I bought the shares on may 2018 via mobile money and since then i have haven't receive any dividend. It is almost two years now. Pls I need help!
    (Profile updated)

  7. Awuni SamuelAwuni Samuel
    Aug 14, 2019 13:25 GMT

    Please I want to know how to trade my MTN shares.
    Any help?

  8. KelvinKelvin
    Jun 7, 2019 06:10 GMT

    When are we getting our dividends and shares back. Hmm I hope this won't be like menzgold

    1. RexfordRexford
      Jun 19, 2019 14:49 GMT

      You need to contact your broker coz some of us are chopping dividends in our account

  9. LamisahLamisah
    May 16, 2019 10:45 GMT

    A want to buy shares at uber can someone help me ? Plus contact via or winnebariankg@Gmail.Com

  10. KwakuKwaku
    Nov 22, 2018 18:45 GMT

    so what's driving down the MTNgh share price? whats the outlook like by end of the year? should we sell?

    1. Daniel DushieDaniel Dushie
      Dec 17, 2018 20:46 GMT

      My assessment is that because of the wide coverage of the IPO,and the fact that mobile money was used in some cases, there are a lot of people who hold small volumes of shares. Many retail shareholders may not have the tenacity to hold on their shares for a long time.As a result many will be selling theirs as the days go by.Long term investors may then buy their shares at a low price. This is part of the reason for the falling prices. The banking crisis has also had some effect, generally on the investment climate.
      If you have the ability to hold on longer to your shares,this time may be the best time to buy more/additional shares.
      The value of the shares will appreciate with time after many small holders have sold off their shares.
      The best time to buy is now. In addition as you hold more shares,and dividends are paid,you stand to benefit.
      Long term investors stand to benefit.

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