In Your Interest
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 […]
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 […]
October 16, 2017/InvestmentOne Research ASI starts the week on a positive note, gaining +0.33% Also, market breadth index ended in the green as 24 stocks advanced compared with 15 stocks that declined. CILEASING (+9.55%) led the gainers’ chart while LEARNAFRCA (-5.00%) was the worst performer. Although GUARANTY (+0.24%) topped the […]