April 11, 2017/Cordros Research Click here to read full report The management of Dangote Sugar Refinery Plc (DANGSUGAR) hosted earnings call with analysts last week to discuss the company’s performance in 2016, update on recent developments, and provide guidance for 2017. Our key takeaways are presented in this report. We […]
Results & Dividends
Filing Deficiency: NSE Names AG Leventis, Conoil, Niger Insurance, Eight Others as Defaulters
Pursuant to Rule 2.2.1, Rules for Filing of Accounts and Treatment of Default Filing, Rulebook of The Exchange (Issuers’ Rules) April 10, 2017/NSE The Nigerian Stock Exchange (“The Exchange”) hereby informs the general public that the companies listed below have missed the deadline to file their Audited Financial Statements (“AFS”) […]
Fidelity Bank Plc Records Marked Reductions in Loan Loss Provisions in Q4 2016 Results
Culled—Proshare April 10, 2017/FBNQuest Research Event: Fidelity Bank reports Q4 2016 results Implications: Market likely to react positively due to significant dividend yield of 16.7% Positives: Marked reduction in loan loss provisions Negatives: Profit before provisions -5% y/y, missed our forecast by 9% Late on Friday of last week, the […]
