Investors Bite

PZ Cussons Nigeria Plc Q1”19 – New Quarter, Same Story for HPC Player

Culled—Proshare October 2, 2018/Afrinvest Research Q1’18/19 revenue misses by 9%, prints 14% lower y/y High OPEX drags earnings, EBIT down 78% y/y  PZ records ₦205 million loss after tax to start the year  Earnings estimates revised lower following Q1’18/19 flop Q1’18/19 revenue misses Vetiva estimate by 9%  PZ Cussons released […]

Equities Down -0.17% on Losses in Consumer Goods Counters Post Independence Celebration

October 2, 2018 By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market on Tuesday closed the  first trading session of the week and post independence celebration negative, losing 0.17 percent to  close at 32,711.65 basis points on losses recorded in Consumer Goods counters, as Year-to-Date (YTD) returns plunged  -14.46 percent. […]