April 11, 2018/InvestmentOne Report The Nigerian equities market closed positive today as NSE-ASI gained 0.86%. However, market breadth index ended positive with 27 stocks gaining against 19 stocks that declined. LEARNAFRCA (+9.43%) was the top gainer today while CILEASING (-9.40%) had the worst performance. ZENITHBANK (-0.38%) was the most actively […]
Investors Bite
FGN Savings Bond – 14th Monthly Issuance
April 11, 2018/InvestmentOne Update The Fourteenth (14th) series of the FGN savings bond will be coming up between the 9th and 13th of April 2018 and Investment One Stockbrokers Int’l Ltd as a Distribution Agent (DA) for the bond, will be receiving applications from the investing public starting from the […]
Dangote Sugar Refinery Plc: Strong test in 2018; SELL
April 11, 2018/Cordros Report Update: We revise estimates for DANGSUGAR following 2017FY results and call with management. Key change to our model estimates is the downward revision of volume and margin, and consequently, earnings. On net, we revise revenue estimate 5% lower, and EBITDA, EBIT, and net profit estimates by […]
