Culled—Proshare April 20, 2017/Vetiva Research FY’16 PAT surge on gains on revaluation of biological assets Normalized PAT up significantly amidst strong CPO prices Mature oil palm plantation at 15,356ha at year end (FY’15: 11,587ha) Board of Directors declares DPS of N1.50 Target price revised to N59.45 (previous: N53.49) Strong FY’16 […]

Culled—Proshare April 20, 2017/ Vetiva Research ·         FY’16 topline up 11% q/q as Home and Personal Care segment surprise ·         Cost savings from OPEX drive Q1’17 PAT outperformance ·         ₦63 billion rights issue on the cards following tough 2016 ·         Upward revision to estimates, target price – SELL rating maintained […]

L-R: Tonu Elumelu, Chairman, United Bank for Africa Plc (UBA) and Kennedy Uzoka, Group Managing Director, UBA Culled: The Nation Posted By: Taofik Salako On: April 19, 2017 In: Business, Investors United Bank for Africa (UBA) Plc is on the top list of companies with well-rounded performance. UBA’s top-of-the-chart performance at the stock market combines with […]