September 7, 2017 By InvestAdvocate Click here to download full PDF Copy of Report Lagos (INVESTADVOCATE)-The Nigerian equities market on Thursday closed positive for the second consecutive session, with the all-share index (ASI) surging further by 1.42 percent to 36,116.19 points. “Activity today was driven by interest in the Industrial […]
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PZ Cussons Nigeria Reports Q4 2017 Results – Positive Reaction by the Market Likely
Culled—Proshare September 7, 2017/FBNQuest Research Event: PZ Cussons Nigeria reports Q4 2017 (end-May) results Implications: Positive reaction by the market likely Positives: Q4 PBT and PAT grew by 144% y/y and 371% y/y to N2.5bn and N1.8bn respectively Negatives: N2.7bn fx loss reported Late yesterday, PZ […]
Zenith Bank Records Very Good Performance-Cowry Investment Recommendation
September 7, 2017/Cowry Asset Zenith Bank Records Very Good Performance Relative to the industry, Zenith Bank Plc recorded a very good performance for H1 2017. Taking into consideration relevant ratios, we arrived at a ‘BB’ rating. Asides its performance, given an upside of 18.54% to its target price, we recommend a […]
