Culled—Proshare May 4, 2018/FBNQuest Research Event: Presco reports Q1 2018 results Implications: Neutral-to-negative reaction by market expected Positives: No obvious positives Negatives: PBT and PAT declined by -33% y/y on average Late yesterday, Presco published its Q1 2018 results which showed that sales declined by -8% y/y to N6.6bn. In […]
Results & Dividends
UAC of Nigeria Reports Q1 2018 Results – Net Interest Expense Declined -64% YoY to N446m
Culled—Proshare May 3, 2018/FBNQuest Research Event: UAC of Nigeria (UACN) reports Q1 2018 results Implications: Downward adjustments to consensus 2018E EPS forecast expected Positives: Net interest expense declined -64% y/y to –N446m Negatives: Q1 sales of N18.3bn down -25% y/y and -10% q/q respectively; Opex up 14% y/y to N2.6bn […]
Nigerian Companies That Grew Their Dividend by More Than 100% in 2017
Culled—Proshare May 3, 2018/Quantitative Financial Analytics Ltd Fixed income investors must be feeling unease as yields continue to plunge and may be thinking of where else to run to for improved investment income. One area to look at is the Equities market and one variable that could help in that […]
