Investors Bite

Investors Alert on Forte Oil Plc: Highly Inflammable Stock?

Culled—Proshare February 22, 2017/ARM Research Executive Summary In contrast to sector peers, which had a stellar 2016 performance, Forte Oil (FO) grappled with impact of NGN depreciation on dollar loans linked to its power plant and an elevated bill from the taxman. Earnings halved from 2015 levels and FO did not […]

Stocks Marginally Down 0.01% on Sell-Offs in Blue Chip Counters

February 22, 2017/InvestmentOne Research Click here to view full report The equities market closed marginally down today (-0.01%) as the sell-off in NESTLE (-55pts), GUARANTY (-33pts), UNILEVER (-18pts), WAPCO (-13pts) and FBNH (-10pts) slightly offset the gains in NB (+115pts) and GUINNESS (+12pts).  As a result, the NSE ASI closed […]

Sage Foundation launches $1 million Enterprise Fund to inspire innovation and change in Africa

February 22, 2017/Sage Sage (www.Sage.com/za), the market and technology leader for integrated accounting, payroll & HR, and payment systems, has today launched Sage Foundation’s Enterprise Fund (https://www.Sage.com/company/sage_foundation). The new $1 million fund is open to non-profits in Africa with enterprising ideas to help improve the lives of military veterans, young […]