Investors Bite

PZ Cussons Says H1’2018 Pretax Profit Down 47.67% Year-on-Year

December 14, 2017/InvestmentOne Report PZ Cussons Plc released its Q2 2018 (end – November).  Please find key highlights below; Q2 2018:  ·         Revenue of N22.22bn; up +17.59% q/q, up +34.29% y/y  ·         Profit before tax of N1.05bn; up +679.92% q/q, down -47.67% y/y  ·         Profit after tax of N712mn; up […]

Intraday Update: NSEASI Down 0.77% on Profit-Taking across Major Sectors

December 14, 2017/InvestmentOne Report ASI as at 12.00pm: -0.77%  Market movers: FLOURMILL (-9.71%),  CUSTODIAN (-4.81%), FCMB (+2.34%), FIDELITYBK (+1.69%).  Sector Performances: Banking (-0.19%), Consumer Goods (-0.39%), Industrial (-1.15%), Oil & Gas.  Market activity: In today’s early trade, total volume contracted by c.24% while total value rose by c.57% compared to this […]

Extremely Bullish bond Auction to take yields to Sub-13% Levels

Culled—Proshare 13/12/2017/Zedcrest Capital  KEY INDICATORS Inflation 15.91% Declined by 0.07% in October from 15.98% in September 2017 MPR 14.00% Left unchanged at 14.00% at the MPC meeting of November 2017 External Reserves $36.43billion Accreted 1.94% as at 11th December from $36.01 as at 8th December 2017 Brent Crude $63.53pb Fell […]