June 15, 2018/InvestmentOne Report Limited Upsides Potential Despite Improving Macro Environment We maintain a HOLD recommendation on Nestle Nigeria Plc following the release of its Q1 2018 scorecard. Our view is premised on the limited upside represented by our target price of N1,570 against current price levels. We highlight that […]

June 2, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Oil marketing major, Conoil Plc on Friday offered its shareholders a dividend of N2.00 per share compared to N3.10 paid in 2016, amounting to N1.4 billion in the review period of 2017. This is coming on the heels of of daunting economic challenges in […]

May 28, 2018/InvestmentOne Report Excise Duty to Weigh on Macroeconomic Improvement We maintain our SELL recommendation on Nigerian Breweries Plc given the 3% downside implied by our N111.8 fair value on the stock. Following the release of its Q1 2018 results, we forecast Nigerian Breweries Plc (NB) FY 2018 P/E […]