Culled—Proshare April 4, 2018/FBNQuest Research Event: International Breweries reports Q3 2017 (end-Dec) results Implications: Neutral-to-negative reaction expected by the market Positives: Limited Negatives: Pre-tax loss of –N3.5bn Earlier today, the NSE published International Breweries’ Q3 2017 (end-Dec) results. The company officially merged with Pabod Breweries (Pabod) and Intafact Beverages (Intafact) on […]
Results & Dividends
Diamond Bank Says Unable to Release 2017 Audited Report
April 4, 2018/NSE This is to inform members of the Nigerian Stock Exchange (NSE), esteemed shareholders and other stakeholders that Diamond Bank Plc is unable to release its 2017 audited financial statements by March 31. 2018 as required by NSE rules. We have become aware that due to the stage […]
FCMB Group Reports Q4 2017 Results – Significant Spike in Loan Loss Provisions
Culled—Proshare April 4, 2018/FBNQuest Research Event: FCMB Group reports Q4 2017 results Implications: Likely upward revisions to consensus 2018 estimates and positive reaction from the market Positives: PBT grew by 123% y/y, driven by solid growth in non-interest and funding income Negatives: Significant spike in loan loss provisions This afternoon […]
