African Stock Exchanges

DAARCOMM - Daar Communications

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DAARCOMM share price on Nigerian Stock ExchangeDAARCOMM share price on Nigerian Stock Exchange

DAAR Communications Plc, founded in 1988 by Dokpesi Raymond Aleogho Anthony, is a Nigeria-based investment holding company with diversified interests in broadcasting, printing, publishing, telecommunications, and allied multimedia services across the world. Through its television network subsidiaries, the company engages in the development, production, and marketing of news and entertainment programs. Its strategic business units include Raypower FM, AIT Television, DAAR News, DAAR Education Services, DAAR Digital Services, DAAR Ventures and Synergy, and DAAR UK Operations which markets DAAR channels in the United Kingdom.

Daar Communications is listed on the Nigerian Stock Exchange (NGX). Daar Communications is traded on the NGX under the ticker symbol “DAARCOMM”. The International Securities Identification Number (ISIN) of NGX:DAARCOMM is NGDAARCOMM01. Daar Communications is currently the 101st most valuable stock on the NGX with a market capitalization of NGN 3 billion, which is about 0.0083% of the Nigerian Stock Exchange equity market.

DAARCOMM • 0.25 ▾ 0.02 (7.41%)
1 day ago
Last Trading Results
Opening Price
Day’s Low Price0.25
Day’s High Price0.25
Traded Volume666,973
Number of Deals10
Gross Turnover166,743.25
Growth & Valuation
Earnings Per Share
Price/Earning Ratio
Dividend Per Share
Dividend Yield
Shares Outstanding12B
Market Capitalization3B
Monetary values are quoted in Nigerian Naira (NGN) unless otherwise stated

DAARCOMM Stock Market Performance

1WK4WK3MO
+8.7%-7.41%+25%
6MO1YRYTD
+25%+25%+25%

The current share price of Daar Communications (DAARCOMM) is NGN 0.25. DAARCOMM closed its last trading day (Friday, September 29, 2023) at 0.25 NGN per share on the Nigerian Stock Exchange (NGX), recording a 7.4% drop from its previous closing price of 0.27 NGN. Daar Communications began the year with a share price of 0.20 NGN and has since gained 25% on that price valuation, ranking it 82nd on the NGX in terms of year-to-date performance. Investors should, however, take caution of DAARCOMM’s recent bad performance, having lost 7% of its value in the past four weeks.

Daar Communications is the 34th most traded stock on the Nigerian Stock Exchange over the past three months (Jul 4 - Sep 29, 2023). DAARCOMM has traded a total volume of 172 million shares—in 1,193 deals—valued at NGN 48.8 million over the period, with an average of 2.73 million traded shares per session. A volume high of 37.7 million was achieved on July 10th for the same period. The table below details the last 10 trading days of activity of Daar Communications on the Nigerian Stock Exchange.

DateVolumeCloseChangeChange%
2023-09-29666,9730.25-0.02-7.41%
2023-09-28146,1590.27+0.01+3.85%
2023-09-261,897,4520.26+0.01+4.00%
2023-09-253,387,9850.25
2023-09-223,088,9620.25+0.02+8.70%
2023-09-214,956,8980.23+0.02+9.52%
2023-09-20826,9850.21
2023-09-194,118,1180.21-0.02-8.70%
2023-09-181,946,3040.23-0.02-8.00%
2023-09-154,241,3000.25

Profile of Daar Communications Plc

Daar Communications Plc was founded on August 31, 1988 and operates in the Consumer Services sector, specifically, the Media industry. Daar Communications contracts an estimated total number of 814 employees.

Factsheet of Daar Communications Plc

Sector
Consumer Services
Industry
Media
Address
Kpaduma Hills, Ladi Lawal Drive, Asokoro Abuja, Nigeria
Telephone
+234-1-773-0968, +234-1-264-4814, +234-803-581-5573

DAARCOMM Industrial Market Competitors

Daar Communications Plc, issuers of the DAARCOMM stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Consumer Services sector and/or Media industry. The table below presents an overview of the market standing of the top 10 by year-to-date performance.

CodeNameM. Cap.CloseYTD
TRANSCOHOTTranscorp Hotels Plc455B44.40+610%
NAHCONigerian Aviation Handling Co.46.5B23.85+273%
ABCTRANSAssociated Bus Company1.89B0.79+216%
IKEJAHOTELIkeja Hotel Plc9.01B3.25+210%
TIPThe Initiates Plc917M1.03+115%
RTBRISCOERT Briscoe576M0.49+88.5%
TANTALIZERTantalizers Plc1.03B0.32+60%
LEARNAFRCALearn Africa2.55B3.30+50%
ACADEMYAcademy Press1.43B1.89+46.5%
CAVERTONCaverton Offshore Support Group4.59B1.37+38.4%

Index of African Stock Exchanges:

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

Comments

  1. Onuoha ikechukwuOnuoha ikechukwu
    Sep 14, 2023 11:16 GMT

    Gooday sir/madam i bought Daar communication shares since 2008 till now no dividends please how do i go about it or do i apply for my dividends thank you and God bless

  2. Akinola SamsonAkinola Samson
    Jun 21, 2023 10:45 GMT

    I bought share with Daar communication in 2008. Up till now I have not heard any updates about it, only certificate was given to me. Pleases help me. How do I go about it.

  3. Buhari Garba AliyuBuhari Garba Aliyu
    May 1, 2023 22:32 GMT

    I bought DAAR communication since 2007/2008 but I didn't benefit any dividend from my share,I base in Ile-ife Obalufon Street sabo

  4. Ekeleme kevinEkeleme kevin
    Apr 22, 2023 16:34 GMT

    I bought shares from Daar communication in 2008 and ever since I have not heard anything till now. How do I get my dividend as well as my shares certificate? 08056195659

  5. ikechukwuikechukwu
    Feb 22, 2023 08:21 GMT

    DAAR Communication to be honest with things this has become a pain that we the ones that invested in this company are being neglected


    i have bought the DAAR Communication shares since 2008 but haven't heard anything from the company
    i still have my receipt of payment with me


    can somebody please guide me on how to go about it?

    09121215124

  6. sarafa olatundesarafa olatunde
    Dec 26, 2022 15:23 GMT

    We almost have the same case with daar communications,what i can say is that there is no integrity in Nigeria.,you can see that their stocks is not appreciating at all.Look at their balance sheet,whenever the total debts exceeded the shareholder's equity of any company;no company will pay you dividend!

  7. Olaleye olusolaOlaleye olusola
    Dec 17, 2022 20:26 GMT

    I have share with daar communication over ten years now,please how do i go it.

  8. David E. AmbroseDavid E. Ambrose
    Dec 7, 2022 20:25 GMT

    Pls I need information about the shares i bought in your company daar communication plc in 2008. Since then I did hear anything pertaining to the shares. No dividends, no information.

  9. Ekpere John OkerekeEkpere John Okereke
    Sep 25, 2022 03:06 GMT

    I bought share with daar communication pls since 2008 till now I have not heard any updates about it, only certificate was given to me. Pls how do I go about it.

  10. Ikyegh dooshimaIkyegh dooshima
    Jul 12, 2022 15:47 GMT

    Good day. Pls I bought shares with daar communications since 2008, I have my certificate and I received dividends check ones and since then haven’t gotten or heard anything. I want to sell how do I go about it?

    1. Blessing LeviBlessing Levi
      Apr 21, 2023 15:04 GMT

      Good day I saw where you said you received dividend once for me and my family we didn't receive anything.

      Please how was the dividend given to you?

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