Culled—Proshare June 19, 2017/FBNQuest Research Increase to earnings estimates and price target International Breweries’ Q4 2017 (end-Mar) results surprised positively mainly because of better-than-expected sales and gross margin. As such, we have increased our earnings estimates over the 2018-19E period by 47% on average and our price target by 53% […]
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Mandatory Takeover Bid by Nipco Investment Limited
Culled—Proshare June 19, 2017/NSE As the Stockbroker to NIPCO Investments Limited and with reference to approval by the Securities and Exchange Commission (SEC) for the Mandatory Takeover Bid (MTO) whereby request that the information regarding the MTO stated below be published to the market: Mobil Oil Nigeria Plc: Mandatory Takeover […]
United Capital List $10 Nigerian Eurobond Fund N2 Billion Wealth for Women Fund on the NSE
June 19, 2017/NSE United Capital Plc, today, June 19, 2017, listed $10 million and N2 billion of its Nigerian Eurobond Fund, and Wealth for Women Fund respectively on the floor of The Nigerian Stock Exchange (NSE). The listing followed a successful Initial Public Offer (IPO) of 100,000 units of US$100 […]
