In Your Interest
October 23, 2017/NSE Dealing Members are referred to our market bulletins of Wednesday, 18 October 2017 (NSE/LARD/LRD/MB05/17/10/18) notifying them that effective Friday, 20 October 2017 and until further directive, the shares of Oando Plc (“Oando” or “the Company”) will be placed on technical suspension; and that of Friday, 20 October […]
October 23, 2017/Fidelity Bank Plc Following its impressive half year audited financial results, top Nigerian bank, Fidelity Bank has again posted another impressive financial performance for the 9 months period ended September 30, 2017. Details of the lender’s 9 months financial results, released at the Nigerian Stock Exchange (NSE) today […]
October 23, 2017/Cordros Research CADBURY NIGERIA PLC (CADBURY) – SELL ▪ The shares of CADBURY closed flat last week at N10.50. CADBURY trades at a significant forward PE above its 5-year historical average of 24.9x. ▪ Q2-17 revenue was below of our estimate by 10% while loss after tax was […]