Culled—Proshare August 24, 2017/Elixir Investment Research Access Bank recently released its H1-2017  earnings which showed solid profit growth despite continued contraction of key risk assets and liability books in Q2. We noted in the Q1 equity report that a revision of balance sheet forecasts will be necessary if we do […]

Culled—Proshare August 24, 2017/Cardinalstone Research In this report, we provide an update on Dangote Sugar Refinery Plc following the release of its impressive H1’17 results. Following adjustments to our projections, we have revised our target price (TP) to N14.45 (previous: N9.78) and retain our HOLD rating on the counter. Our […]

August 24, 2017/ETI Ecobank Transnational Incorporated (ETI) made impressive results in all the key financial indices for the half year ended 30 June 2017. The audited results released to the Nigerian Stock Exchange (NSE) yesterday showed that the pan African bank recorded gross earnings of  N389 billion for the H1 in […]