By InvestAdvocate Lagos (INVESTADVOCATE)-Soap producer, PZ Cussons Nigeria Plc said on Tuesday its third quarter (Q3) 2018 pretax profit for the period ended February 28, 2018 dropped 16.49 percent to N1.34 billion from N1.60 billion posted a year ago. Pretax profit declined 16.52 percent to N1.96 billion from N2.35 billion […]
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Weekly Valuation Summary 03-April-2018-Cordros
April 3, 2018/Cordros Capital CADBURY NIGERIA PLC (CADBURY) – SELL ▪ The shares of CADBURY appreciated by 3.78% last week to N15.10. CADBURY trades at a significant forward PE above its 5-year historical average of 24.9x. ▪ Despite having a challenging 2017FY, contrary to the rest of our consumer goods […]
Union Bank Announces Delay in Release of 2017 Audited Accounts
April 3, 2018/NSE This is to inform the Nigerian Stock Exchange (NSE), esteemed shareholders and other stakeholders that Union Bank of Nigeria PIC will release its 2017 Audited Financial Statements later than the 31st March, 2018 as required by NSE rules, due to the ongoing finalization of the Bank’s audited […]
