Culled—Proshare May 16, 2017/FBNQuest Research 2017/18E EPS ests. up by 37%; price target up by 32% to N7.1 Following Dangote Sugar Refinery’s (DSR) Q4 2016 and Q1 2017 results we have raised our EPS estimate over the 2017-18E period by 37% and our price target by 32% to N7.1. Our […]
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ASI: Intraday Update-InvestmentOne
May 16, 2016/InvestmentOne Research ASI as at 12.00pm: -0.28% Market movers: UACN (-6.41%), UBA (-5.81%), FBNH (+2.90%), NAHCO (+2.04%) Sector Performances: Consumer Goods (-1.90%), Industrial (-1.69%), Oil & Gas (-0.24%), Banking (-0.19%), Market activity: In today’s early trades, investors have exchanged over 129m units of stocks worth c.N1.39b.This represents considerable […]
Stanbic IBTC Launches ₦20.00bn Commercial Paper Programme on FMDQ
Culled—Proshare May 15, 2017/ FMDQ Given the increasingly competitive market environment, corporates and commercial entities have continued to seek innovative approaches towards executing their financing strategies. Commercial papers (CPs), continue to present and serve as an alternative source of complementing working capital requirements, among others, for these businesses. The FMDQ […]
