Results & Dividends

Total Nigeria Plc – Fairly resilient earnings for a tough FY”17

Culled—Proshare 27/2/2018/Vetiva  EPS slumps y/y but still ahead of estimate Final dividend of ₦14.00/share takes total dividend to ₦17.00/share Full liberalization remains biggest upside to earnings FY’18 earnings to normalize, valuation supported by strong cashflow  EPS Slumps Y/Y But Still Ahead Of Estimate TOTAL reported a 46% y/y drop in […]

Intraday Update: Benchmark Index Down -0.08% on Sell-Offs in Banking Counters

February 28, 2018/InvestmentOne Report ASI as at 12.00pm: -0.08%.  Market movers: AFRINSURE (-5.00%), FTNCOCOA (-4.76%), CCNN (+8.79%), JAPAULOIL (+8.00%). Sector Performances: Banking (-0.33%), Industrial (+0.29%), Consumer Goods (+0.03%), Oil & Gas  Market activity: In today’s early trade, total volume and value declined by c. -25% and c.-67% respectively compared to […]

SEPLAT Reports N13.45 Billion Pretax Profit in 2017 FYE

By InvestAdvocate Lagos (INVESTADVOCATE)- First dual listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc on Wednesday reported a pretax profit 126 percent to N13.45 billion in its  full year 2017 financial results compared to a loss of N47.42 billion recorded a year ago. Similarly, Seplat reported […]