Culled—Proshare August 24, 2017/Elixir Investment Research Access Bank recently released its H1-2017 earnings which showed solid profit growth despite continued contraction of key risk assets and liability books in Q2. We noted in the Q1 equity report that a revision of balance sheet forecasts will be necessary if we do […]
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Dangote Sugar Refinery Plc Earnings on Track for a Strong Finish
Culled—Proshare August 24, 2017/Cardinalstone Research In this report, we provide an update on Dangote Sugar Refinery Plc following the release of its impressive H1’17 results. Following adjustments to our projections, we have revised our target price (TP) to N14.45 (previous: N9.78) and retain our HOLD rating on the counter. Our […]
Stocks Halt Two-Day Bullish Streak, as NSEASI Decline -1.30%
August 24, 2017/InvestmentOne Research Please click to download the Market Report for Thursday 24th August 2017 EQUITIES: Following the profit taking on DANGCEM (-411pts) and ZENITHBANK (-36pts) as well as the declines in UNILEVER (-24pts) and ACCESS (-19pts), which more than outweighed the gains in NB (+68pts), UBN (+24pts) and UBA […]
