In Your Interest
30/4/2018/InvestmentOne Report The Nigerian equities market was somewhat flat today gaining 0.06%. Furthermore, market breadth index was also flat with 19 stocks gaining against 18 stocks that declined. CILEASING (+9.35%) topped the gainers chart while ETERNA (-5.00%) was the worst performing stock. MBENEFIT was the most actively traded with 131million […]
30/4/2018/Cordros Report Update: DANGSUGAR published Q1-18 result last Friday, showing EPS grew 12% y/y but declined 59% q/q. The EPS growth came on the back of a higher gross margin compared to last year’s one-off low, masking a disappointing revenue performance. Should we adjust Q1-17 gross margin to Q1-18’s 25% […]
May 1, 2018/Cordros Report FBN Holdings Plc released Q1-2018 result on Friday, showing an unimpressive top and bottom line performance y/y; even though improvement in opex (-10.07% q/q) and a reduction in impairment provisions (-52.05% q/q) buoyed growth in PBT and PAT on a q/q basis. Gross earnings dipped by […]