March 9, 2018/InvestmentOne Update Similar to yesterday, the Nigerian equities market closed up in today’s trading session, gaining 0.18%, WTD up by 0.68%. Market breadth index ended positive with 34 stocks gaining against 28 stocks that declined. LASACO (+10.00%) was the top gainer in todayâs trading session while FTNCOCOA (-5.88%) […]
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NASCON Says PAT Up 121.25% in 2017, Offers N1.50 Per Share Dividend
March 9, 2018 By InvestAdvocate Lagos (INVESTADVOCATE)-Salt refining company, NASCON Allied Industries Plc said on Friday its profit after tax (PAT) for the period ended December 31, 2017 grew 121.25 percent to N5.34 billion from N2.41 billion posted a year ago. In the same vein, pretax profit of the salt refiner […]
Nestle and Cadbury: What Makes the Difference
March 9, 2018/Cordros Capital I was on a local TV programme yesterday to discuss NESTLE’s already published 2017FY results. I also discussed my expectation of the soon-to-be released consumer goods companies’ results (DANGSUGAR, UNILEVER, and CADBURY). The presenter wasn’t quite convinced about the performance of consumer goods companies in 2017FY […]
