Culled—Proshare October 16, 2017/NASD Plc Further to the passage of the resolutions authorising the Company’s proposed Rights Issue at the Extra-Ordinary General Meeting, this is to notify shareholders of CR Services (Credit Bureau) Plc. that the Company has obtained the Securities & Exchange Commission’s clearance of the Offer documents to be used […]
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UBA Reports Q3 2017 Results; OPEX Grew 25% YoY
Culled—Proshare October 16, 2017/FBNQuest Event: United Bank for Africa (UBA) reports Q3 2017 results Implications: Limited revisions to consensus PBT forecasts; Neutral reaction from the market Positives: Loan loss provisions were well below our expectations Negatives: Opex grew 25% y/y This morning UBA published its Q3 2017 results which showed […]
Weekly Stock Recommendation 16-October-2017
October 16, 2017/Cordros Research Click here to download full PDF copy of report CADBURY NIGERIA PLC (CADBURY) – SELL ▪ The shares of CADBURY gained by 1.65% last week to N10.50. CADBURY trades at a significant forward PE above its 5-year historical average of 24.9x. ▪ Q2-17 revenue was below […]
