June 28, 2021/Proshare By FBNQuest Research 11% upward revision to our price target Access Bank‘s (Access) Q1 ’21 PBT came in well ahead of our forecast due to positive surprises on both revenue lines. Consequently, we have increased our FY ’21-22f earnings forecasts by 37% on average. However, our new […]
Results & Dividends
SAHCO Assures Shareholders of Enhanced Performance
… As shareholders approve 16.5 kobo dividend for 2020 June 22, 2021/CAMCAN Skyway Aviation Handling Company Plc (SAHCO) has assured shareholders of enhanced returns on their investments in the years ahead. SAHCO Chairman, Dr Taiwo Afolabi, gave the assurance at the company’s 11th Annual General Meeting (AGM) on Tuesday in […]
UAC of Nigeria Q1 2021 Results Review: Cost Pressures Weighed on Performance
June 10, 2021/Proshare by FBNQuest Research 4.5% cut to our EPS estimates over the ’21-23f period trigger rating downgrade to Neutral UACN’s Q1 ’21 results showed that heavy-weighted Grand Cereal, a sub-division of the animal feeds division, and the paints division missed our forecasts by -2.6% and -17.6% respectively. From […]
