Investors Bite

Nigerian Breweries Plc -Stock is expensive right now

Culled—Proshare February 22, 2018/ARM Research  Last week, Management of Nigerian Breweries (NB) hosted a conference call to discuss its FY 2017 results as well as provide its outlook for 2018. In this note, we update our views on NB following the FY 2017 results and revise our 2018 forecasts to […]

TRANSCOHOT Says 2017 Pretax Profit Down -29.7% to N3.68Bn, Offer Shareholders N12.45 Kobo Dividend

By InvestAdvocate Lagos (INVESTADVOCATE)-Transcorp Hotels Plc (TRANSCOHOT), the hospitality subsidiary of conglomerate,  Transnational Corporation of Nigeria Plc (TRANSCORP) said on Thursday its full year pretax profit declined 34.5 percent to N2.68 billion in the period ended December 31, 2017 compared with N4.09 billion posted a year ago. Similarly, profit after […]

Nigerian Equities Market Close in Green, as NSEASI Gains +0.24% on Banking, Oil/Gas Stocks

February 22, 2018/InvestmentOne Research he Nigerian equities market gained +0.24% in today’s trading session.  Market breadth index closed positive with 24 stocks gaining compared to 17 stocks that declined.  JAPAULOIL (+5.41%) was the best performer while UNIC (-6.67%) topped the losers’ chart.  FIDELITYBK led the market in terms of volume […]