By InvestAdvocate Click here to download full PDF Copy of Report Lagos (INVESTADVOCATE)- First dual listed Nigerian oil and gas upstream firm, Seplat Petroleum Development Company Plc on Thursday declared a loss after tax of N8.43 billion in its half-year (H1) period ended June 30, 2017 compared to N12.80 billion […]
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Lafarge Africa Plc – Upgrading to Outperform on Stellar Q2 2017 Results
Culled—Proshare July 26, 2017/FBNQuest Research 19% Increase to Our PT; Upgrading to Outperform We upgrade our recommendation on Lafarge Africa (Lafarge) to Outperform from Neutral following its stellar Q2 2017 results which surprised positively. Although PBT was in line with our forecast, PAT beat soundly (by 260%), largely due to […]
Bulls Continue Dominance on Nigerian Equities Market, Records Gains across Counters
July 26, 2017/Cordros Research Click here for full PDF Copy of Report EQUITIES The bulls continued to dominate the equities market recording gains across board. The ASI increased by 3.40% and crossed the 36,740.77 points – the highest since November, 2014. Today’s performance improved the Month-to-Date and Year-to-Date returns to […]
