Culled—Proshare March 28, 2017/Vetiva Research · Q3’16/17 revenue beats estimates, up 44% q/q · Margins improve slightly as lower OPEX cushions FX loss · ₦1.9 billion Q3’16/17 PAT better than ₦1.5 billion estimate Seasonally stronger Q3 delivers 44% q/q revenue growth Supported by traditionally stronger volumes in the period and […]
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Guaranty Trust Bank Plc – Management expects higher earnings in 2017
Culled—Proshare March 27, 2017/CardinalStone Research Guaranty Trust Bank of Nigeria Plc held its earnings conference call to explain its FY’16 results. We retain our target price (TP) of N32.68 and maintain our BUY rating on the counter. Kindly see below the key points from the conference call. Impairments charges to […]
FGN Savings Bond Teaser and Auction Notice
March 27, 2017/Cowry Asset Research The Debt Management Office (DMO) has indicated that the next FGN Savings Bond offer will open on Monday, April 03 2017 and close on Friday, April 07 2017. As an agent to the DMO, kindly find below our bank account details for your subscription to […]
