Author: InvestAdvocate

MTN Nigeria Q1-25 Update: Q1 Performance Reinforces Sentiments; We Remain OVERWEIGHT

May 9, 2025/Cordros Report Cordros Research updates you on MTN Nigeria Communications Plc’s Q1-25 results, adjusting its year-end TP upwards by 7.5% to NGN363.01/s and maintaining a ‘BUY’ rating, with a revised revenue growth and EBITDA margin expectations, while lowering DPS forecast to NGN7.47. We update our views and estimates […]

Presco Plc Q1-25 Update: Strong Fundamentals to Drive Profitability

May 9, 2025/Cordros Report In this report, we update our outlook on PRESCO for 2025E. So far in 2025E, PRESCO carried on their strong performance from 2024FY, with Q1-25 unaudited numbers reflecting an impressive 120.4% y/y revenue growth driven by higher pricing and marked volume growth. Based on our updated estimates, […]

Trade Optimism Pushes Oil Prices Higher

May 9, 2025/Oilprice.com Tom Kool Editor, Oilprice.com Crude oil prices climbed this week on hopes that the U.S. and China might come to a trade agreement after a deal was announced with the UK. Friday, May 9th, 2025  ICE Brent futures have recovered to $64 per barrel as oil markets […]