November 28, 2018.Cordros Update
May & Baker Plc’s 2.5 Billion Naira Rights Issue Closes November 29
November 28, 2018.Cordros Update
Investors Bite
SAHCO: Further to fly
November 28, 2018/Cordros Update We initiate coverage of SAHCO with a target price (TP) of NGN5.97/s, representing an upside of 28.44% relative to its IPO price of NGN4.65/s. We have valued SAHCO using a pure-DCF valuation methodology, evaluating the company’s assets across its ramp and cargo handling business, in addition […]
Proposed Acquisition of Continental Reinsurance Plc
November 28, 2018/Cowry Asset Continental Reinsurance Plc (“CRe Nigeria” or “the Company”) hereby notifies The Nigerian Stock Exchange (The Exchange) and the Investing Public that the Board of CRe Nigeria has received an offer from CRe African Investments Limited (“CRe Investments”), to acquire all the outstanding and issued shares of […]
