September 6, 2017/Punch Stanley Opara The Securities and Exchange Commission has given approval to Oando Plc to conduct its Annual General Meeting hitherto slated for September 11, 2017. This came after the Special Task Team constituted by SEC to review petitions filed by Alhaji Dahiru Bara’u Mangal and Ansbury Inc […]
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Stocks Resume First Trading Session of September Negative
September 5, 2017/InvestmentOne Research Please click to download the Market Report for Tuesday 5th September 2017 EQUITIES: All major sectors closed in the red today as the Nigerian equities market closed the first trading session of the month negative. Following the declines in the Oil & Gas (-2.99%), Industrial (-2.11%), Consumer […]
Guinness Nigeria Reports Q4 2017 Results – Gross Margin Contracted by 993bps QoQ to 44.8%
Culled—Proshare September 5, 2017/FBNQuest Research Event: Guinness Nigeria reports Q4 2017 (end-Jun) results Implications: Upward revisions to consensus forecasts expected Positives: Sales up 11% y/y, PBT and PAT recovered to N5.1bn and N4.5bn from pre-tax and after-tax losses in Q4 2016 respectively Negatives: Gross margin contracted […]
