September 12, 2017/Cordros Research Click here to download full PDF Copy of Report EQUITIES The local bourse closed negative for the third consecutive session, as the ASI shed 0.75% to 35,397.52 points, as investors took profit in bellwether stocks. Today’s performance reversed earlier gains recorded in the month, as the […]
Investors Bite
T-bills and FGN Bond Auctions Closes September 12, 2017
September 12, 2017/ARM Securities The FGN Savings Bond auction which opened on Monday, September 11, 2017 to close on Friday, September 15, 2017, and the upcoming Treasury Bills primary auction scheduled for Wednesday, September 13, 2017. The FGN Savings Bond is being auctioned at following rates: 2 year FGN Savings […]
Guinness Nigeria Plc – Impeccable Q4 seals FY’17 Bottom Line Recovery
Culled—Proshare September 12, 2017/Vetiva Research · Volume growth, pricing benefit drive 23% y/y revenue growth · Gross margin moderates for a third consecutive year · Lower than expected OPEX, finance costs support outperformance · FY’17 PAT prints at N1.9 billion (Consensus: N1.0 billion LAT) · Post Rights Issue Target Price […]
