October 26, 2018/Cowry Asset Kindly Click here to download our market insight report for today.
Investors Bite
Court Enters Final Judgment in Microcap Fraud Case Involving Shares of Cynk Technology Corp
October 26, 2018/US SEC On October 10, 2018, a U.S. District Court for the Eastern District of New York entered a final judgment on consent against Philip Kueber, who was charged with orchestrating a fraudulent investment scheme using microcap issuer Cynk Technology Corp. The SEC’s complaint, filed July 31, 2015, […]
Dangote Cement Q3 2018 Results Review: 2018E Earnings To Be Boosted by Tax Credit
Culled—Proshare October 26, 2018/FBNQuest Research Limited changes to our EPS forecasts and price target: Although Dangote Cement’s (DangCem) earnings surprised negatively relative to our estimates, we have made limited revisions to our EPS forecasts over the 2018-20E period. Our new price target of N274.5 represents a cut of just 3%. […]
