Investors Bite

McNichols Announces Closed Period as Board Set to Declare Dividend

February 23, 2018/NSE Notice is hereby given that the Board of Directors of McNichols Consolidated Plc will meet on Tuesday, 27 February 2018 to consider and approve the Company’s audited financial statements for the financial year ended December 31, 2017.  The Board will also consider declaration of dividend for shareholders’ […]

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 […]