March 12, 2018/Cordros Capital CADBURY NIGERIA PLC (CADBURY) – SELL ▪ The shares of CADBURY appreciated by 18.71% last week to N18.40. CADBURY trades at a significant forward PE above its 5-year historical average of 24.9x. ▪ CADBURY published Q3-17 result, showing revenue growth of 9.3% y/y and PAT of […]
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Mutual Fund Assets Cross The Half Trillion Mark
Culled—Proshare March 12, 2018/Uchenna Ndimele Helped by performance in equity market and net inflows, Nigeria’s mutual fund the industry added N84 billion to end with total assets worth N0.513 trillion as at March 2, 2018. This marks the sixth consecutive weekly rise in AUM for Mutual Fund industry since January […]
IOSCO seeks to protect senior investors from financial fraud, unsuitable investments and other risks
March 12, 2018/IOSCO The Board of the International Organization of Securities Commissions has published today a report that examines the growing vulnerability of ageing investors to financial fraud and other risks and identifies sound practices for enhancing their protection. The report Senior Investor Vulnerability reveals that seniors are at a […]
