Investors Bite

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 […]

PZ Cussons Nigeria: Impressive Q4-17 Result Caps Solid 2017FY Performance

September 7, 2017/Cordros Research Click here to download full PDF copy of Report PZ released 2017FY and Q4-17 results late yesterday. For the 2017FY, revenue grew by 14.5% while PAT increased by 78.4%. The revenue N79.6 billion slightly beat our N79.1 billion estimate while the PAT of N3.3 billion is […]

Oando Plc’s 40th AGM To Hold As Planned Following SEC Confirmation

Culled—Proshare 6/9/2017/Proshare Research Further to the initial notice of Annual General Meeting (AGM) issued to the investing public on August 28, 2017, Oando Plc has reiterated that its AGM would hold as planned. This statement was made on its official twitter handle following the letter received from the Securities and […]