Culled—Proshare June 12, 2017/FBNQuest Research Event: International Breweries reports Q4 2017 (end-Mar) results Implications: Upward revisions to consensus 2018 forecasts likely Positives: Sales, PBT and PAT grew 47% y/y, 89% y/y and 56% y/y respectively Negatives: Operating expenses grew 115% y/y; came in 11% ahead of our estimates Late last […]
Investors Bite
ASI: Intraday Update
June 12, 2017/InvestmentOne Research ASI as at 12.00pm: -0.81% Market movers: LEARNAFRICA (-14.74%), NPFMCRFBK(-10.79%), MAYBAKER (+9.86%), HONEYFLOUR (+9.60%), Sector Performances: Consumer Goods (-3.09%), Oil & Gas (-0.74%), Banking (-0.24%), Industrial (+0.06%) Market activity: Investors have so far exchanged over 205m units of stocks worth c.N2.15bn. This shows an improvement in […]
SEPLAT Issues Operations Update
June 12, 2017/NSE Lagos and London, 7 June 2017: Seplat Petroleum Development Company Plc (“Seplat” or the “Company”), a leading Nigerian indigenous oil and gas company listed on both the Nigeria Stock Exchange and London Stock Exchange, today issues an operations update. Seplat Petroleum Development Company Plc (“Seplat” or the […]
