Culled—-Proshare February 27, 2020 By FBNQuest Research Material revisions to our 2020E earnings forecast & price target We maintain our Outperform rating on Zenith Bank and increase our price target by 17% to N47.7, implying a potential upside of 150% from current levels. The final dividend of N2.50 (register to […]
Results & Dividends
Standard Chartered PLC – Full-Year and Fourth Quarter 2019 Results
February 27, 2020/Standard Chartered Standard Chartered PLC (the Group) (https://www.SC.com/) today releases its results for the year and quarter ended 31 December 2019. All figures are presented on an underlying basis and comparisons are made to the full-year 2018 on a reported currency basis, unless otherwise stated. A reconciliation of […]
Dangote Cement Plc | 2019FY First Glance: Steep Decline in EPS, but Juicy Dividend
February 27, 2020/Cordros Report Event: DANGCEM published Q4-19 and 2019FY audited financials after the close of the market yesterday, reporting a significant decline in EPS of 80.2% y/y. The decline in EPS was mainly due to the tax reversal and tax credit (NGN179 billion: Ibese lines 3 & 4 and […]
