Culled—Proshare December 30, 2016/Proshare Markets Returns on investments such as bonuses and dividend payments by quoted firms remain a key attraction to shareholders as they usually look up to what various companies have to offer at the end of every financial calendar. In 2016, eighty-two (82) quoted companies have declared […]
Results & Dividends
Stanbic IBTC Reports Q4 2015 Results; Neutral to Slightly Positive Reaction by the Market Likely
Culled—Proshare December 22, 2016/FBNQuest Research Event: Stanbic IBTC Holdings reports Q4 2015 results Implications: Neutral to slightly positive reaction by the market likely Positives: Market can now breathe a sigh of relief post-FRC issue resolution Negatives: Factored in already – delay in publication of accounts Stanbic IBTC Holdings finally published […]
Mobil Oil Nigeria Q3 2016 Results Review – Event Driven Rally for Mobil Shares
Culled—Proshare December 8, 2016/FBNQuest Research Downgrading to Underperform In Q3 2016, Mobil Oil Nigeria (Mobil) delivered stellar y/y earnings growth. However, the q/q trend, which showed declines for key P&L line items, provides a better pointer for Q4. Q3 sales and earnings both declined by 22% q/q and 49% q/q […]
