Best UK shares: I reckon this FTSE 250 stock could be a millionaire-maker! I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Simply click below to discover how you can take advantage of this. Enter Your Email Address Image source: Getty Images Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Stuart Blair owns shares in Airtel Africa. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. “This Stock Could Be Like Buying Amazon in 1997” Investing in UK shares can be very lucrative or, in some circumstances, can lead to large losses. As a result, it’s important to be discerning when picking stocks. Airtel Africa (LSE: AAF) is one stock I believe has significant potential. In fact, through dividend reinvestment over a number of years, I actually believe that it could be a millionaire-maker! Here’s why.Both a growth and income shareAirtel Africa is a provider of telecommunications and mobile money service within Africa. Africa is seen as a high-growth market, and as a market leader in 14 different African countries, Airtel Africa should be able to continue to grow its customer base. The number of customers already stands at over 100m, and with only 45% of the continent’s population owning a SIM, this should continue to grow. A rising consumer base has also seen rising profits. In fact, in the 2020 financial year, operating profits increased by over 20% to $901m.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…But as well as the potential for growth, this UK share is also a very good income stock. For example, this year, the firm is paying a dividend of 6 cents per share. This equates to a 10% yield. At the moment, this dividend also looks very safe due to free cash flow of $453m. With the dividend costing $226m, this means that there is still cash left over to reinvest into the business. Consequently, with strong prospects for growth, a dividend cut does not seem likely, and increases may be in store further down the line.Are there any problems?Of course, there are no perfect shares, and Airtel Africa is no exception. One of my major concerns is the fact that its EPS (earnings-per-share) has actually been decreasing in recent years. This is mainly because the firm has issued more shares in order to pay off debt. While paying off its large debt-pile has been necessary, this share dilution does put a strain on the share price. As a result, now that its debt situation is much healthier, I hope that the firm will not have to resort to issuing more shares in the near future. Instead, buying back shares would be the ideal situation for shareholders.Airtel Africa will also be affected by the current economic downturn. This is because currencies have been devalued across many of its markets, including the Nigerian naira, the Ugandan shilling, and the Zambian kwacha. This will place a burden on profits throughout the year.Is this UK share really a millionaire-maker?Despite these problems, I’m still highly optimistic about Airtel Africa. Evidently, there is significant room for profits to grow further, especially through the data and Airtel Money divisions. The dividend is also a major attraction, especially as it does look sustainable. As such, through reinvesting these dividend payments into the stock, I really do think that this UK share is a millionaire-maker! I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Stuart Blair | Monday, 31st August, 2020 | More on: AAF Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Our 6 ‘Best Buys Now’ Shares See all posts by Stuart Blair
The European Commission has cleared the proposed transaction between Baker Hughes and GE’s oil and gas business under EU merger control rules.After concluding that the transaction would not adversely affect competition in relevant markets, the commission has cleared unconditionally under the merger regulation the acquisition of Baker Hughes Incorporated by General Electric Company, both of the U.S.The commission investigated markets where both companies are active including onshore and offshore electrical submersible pumps, refining chemicals and drilling and wireline sensors.In a statement regarding the commission’s approval on Wednesday, the two companies stated they remain confident in the value that the combined company will deliver to its customers, employees, shareholders and to the oil and gas industry.Baker Hughes and GE continue to work constructively with regulators and expect to close the transaction in mid-2017, the joint statement concluded.To remind, the pair announced last October it would combine to create the second largest oilfield technology provider. The new company will be an equipment, technology and services provider in the oil and gas industry with $32 billion of combined revenue and operations in more than 120 countries.Offshore Energy Today Staff
Five USC football seniors accepted invitations to pre-draft exhibition games on Tuesday. Offensive tackle Zach Banner and defensive tackle Stevie Tu’ikolovatu will play at the Reese’s Senior Bowl on Jan. 28 in Mobile, Ala.The game features some of the top seniors in the nation and acts as a chance for NFL scouts and coaches to take a closer look at potential draft picks. The Cleveland Browns and Chicago Bears’ coaching staff will take the reins of the South and North team, respectively. Banner was a captain on the 2016-17 USC squad and held down the right tackle position all year. Tu’ikolovatu was a graduate transfer this fall but made a huge impact in his sole season at Troy, taking home defensive MVP honors in the Rose Bowl.One state south of Banner and Tu’ikolovatu, running back Justin Davis, tight end Taylor McNamara and safety Leon McQuay III accepted invitations to the East-West Shrine Game, which will take place on Jan. 21 in St. Petersburg, Fla. Davis began the 2016-17 campaign as the starting running back before injury sidelined him for three games. He finished the season with more than 700 all-purpose yards and two touchdowns. McNamara caught a lone touchdown this year to go with 111 receiving yards, and he caught the key two-point conversion in the third quarter of the Rose Bowl to pull USC within one score. McQuay also made a huge play in the “Granddaddy of Them All,” grabbing the late interception that set up the game-winning kick. He finished the season with 50 tackles, a sack and two picks.