June 11, 2018/Cordros Capital CADBURY NIGERIA PLC (CADBURY) – SELL ▪ The shares of CADBURY rose by 1.20% to tNGN12.65. CADBURY trades at a significant forward PE above its 5-year historical average of 24.9x. ▪ CADBURY published Q1-18 result, showing EBIT was higher by 76.2% while PBT was lower by […]
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Intraday Update: Nigerian Stocks Up +0.12% on Buy Interest in Banking, Consumer Goods Counters
June 11, 2018/InvestmentOne Update ASI as at 12.00pm: +0.12%. Market movers: NASCON (+7.14%), JAPAULOIL (+6.45%), PRESTIGE (-4.48%), IKEJAHOTEL (-4.18%). Sector Performances: Banking (+0.25%), Consumer Goods (+0.09%), Industrial (-0.02%), Oil & Gas. Market activity: In today’s early trade, while total volume increased by 419%, total value declined by 42% compared to […]
Notore Chemical gets nod to list N100.75b shares
June 11, 2018/The Nation Taofik Salako Notore Chemical Industries Plc, an agro-allied and fertiliser company sold to private investors by the Federal Government in 2005, has received regulatory approval to list its N100.75 billion shares on the Nigerian Stock Exchange (NSE). Regulatory documents obtained at the weekend indicated that Notore […]
