February 12, 2018/FMDQ OTC As a debt-capital focused securities exchange, championing and supporting market-driven initiatives aimed at providing liquidity and facilitating growth and development in the Nigerian financial markets, FMDQ OTC Securities Exchange (FMDQ or the OTC Exchange), through its Board Listings, Markets and Technology Committee, admitted the listing of […]
Investors Bite
Dangote Cement Announces Closed Period
February 12, 2018/NSE With reference to circular NSE/LARD/LRD/ClR2/15/05/17 on the “Notice of Securities Trading by Interested Parties” effective January 1, 2015, please note that Dangote Cement Plc has entered a closed trading period from February 12, 2018 until one (1 ) day (24 hours) after the audited financial results for […]
Cordros Weekly Stock Recommendation February 12, 2018
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, […]
