Investors Bite

SEC Says Development of Capital Market Studies Curriculum Will Boost Investor Education

November 12, 2018/SEC The Securities and Exchange Commission (SEC) has restated its commitment to further educate and enlighten investors in the Nigerian capital market to enhance their ability to make informed investment decisions.  The Acting Director General of the Securities and Exchange Commission (SEC) Ms. Mary Uduk who stated this […]

Presco Plc Q3 2018: Higher Volume Supports PBT Despite Fall in Prices

November 12, 2018/InvestmentOne report  ·         Volatile top line: down 9.66% q/q, up 11.70% y/y. ·         Mixed Gross Profit Margin: down 87bps q/q, up 1792bps y/y. ·         Rising opex/sales ratio: up 1219bps q/q; 3010bps y/y. ·         Unstable PBT performance: down 23.30% q/q; up 20.67 % y/y. Last week, Presco published its […]

Will Post-Election Period Drive the Needed Renaissance?

November 12, 2018/Cordros Report Activities in the Nigeria equities market since the January bull run have been largely bumpy, as the dual impact of domestic worries, and the reverberating effect of global concerns continue to weigh on the market. In our view, without any meaningful positive trigger, investors may see […]