February 12, 2018/Cordros Research Cadbury Nigeria Plc (Cadbury) – Sell The shares o5-yef CADBURY depreciated by -7.50% last week to N14.80. CADBURY trades at a significant forward PE above its ar historical average of 24.9x. CADBURY published Q3-17 result, showing revenue growth of 9.3% y/y and PAT of N702 million, […]
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Intraday Update: NSEASI Heading South, Dips -0.85% on Persistent Sell-Offs in Banking Counters
February 12, 2018/InvestmentOne Research ASI as at 12.00pm: -0.85%. Market movers: AIICO (-8.22%), HMARKINS (-5.71), GLAXOSMITH (+4.95%), LINKASSURE (+3.53%). Sector Performances: Banking (-2.55%), Consumer Goods (-0.08%), Industrial, Oil & Gas. Market activity: In today’s early trade, while total volume declined by c. -16%, total value increased by c. +132% compared […]
7Up Acquisition: Court Orders Scheme Shares Transferred to Affelka, Shareholders to Receive N125 Per Share
February 12, 2018/InvestmentOne Report The Federal High Court Holden at Lagos just announced its order on the petition filed by the shareholders of the Seven-Up Bottling Company Plc on 8th of February 2018. Some of the declarations in Court Order are: · That the scheme shares be transferred to Affelka, […]
