November 17, 2016/Cordros Research In announcing its 9M-16 result, the management of LAFARGE informed investors/analysts that the company, as at July, 1st 2016, converted shareholders’ loan for an amount of USD493 million (out of USD510 million) to an equity instrument, on which the repayment (including interest at an average 6% […]

November 15, 2016/Reuters Telkom SA, South Africa’s biggest fixed-line phone company, said on Tuesday its half-year profit rose 19.7 percent, buoyed by its mobile business and the consolidation of its enterprise division. Headline earnings per share (HEPS) for the six months to the end of September rose to 336 cents […]

Culled—Proshare November 11, 2016/FBNQuest Research Underperform rating maintained despite valuation rollover Broadly speaking, International Breweries’ underlying Q2 2017 (end Sep) results were stronger than we expected. Consequently, we have increased our EBIT forecasts for the 2017-18E period by 16% on average. Although we have attempted to reflect a negative surprise […]