June 4, 2018/Cordros Capital CADBURY NIGERIA PLC (CADBURY) – SELL ▪ The shares of CADBURY was flat a tNGN12.50. 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 67.2%, […]
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Intraday Update: Nigerian Equities Market down -0.05% on Sell-Offs in Banking, Industrial Counters
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian equities market as at 12.00 noon on Monday June 4, 2018 is down -0.05 percent; driven by sell-offs in Banking and Industrial Goods counters, according to a report by InvestmentOne Research. As at midday, market movers such as insurer, Lasaco Insurance Plc and micro-lender, […]
SEC seeks fiscal incentives for listed firms to deepen market
June 3, 2018/SEC The Securities and Exchange Commission (SEC) has advocated some measure of fiscal incentives for listed companies on the Nigeria Stock Exchange (NSE) in order to mitigate their cost burden and encourage more entities to list shares on the bourse. Apart from reduction of costs, the measure, according […]
