Culled—Proshare November 7, 2016/FBNQuest Research Further downside likely from current levels We expect the market to focus only on asset quality metrics for Diamond going forward, much more than in previous quarters, given the scale of the negative surprise in the bank’s Q3 2016 results. Management has updated its asset […]
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Cadbury Nigeria Plc – Low Expectations for FY 2016
Culled—Proshare November 7, 2016/FBNQuest Research Headwinds weigh on earnings forecast Cadbury Nigeria’s (Cadbury) Q3 2016 sales beat our forecast by 15.5%. In addition to base effects, our channel checks indicate that the company likely gained some share following price increases by close competitor Nestle for its Milo product during the […]
Eterna Proposes 25 Kobo Per Share Dividend in 2016
By InvestAdvocate Lagos (INVESTADVOCATE)-oil services firm, Eterna Oil Plc has proposed a dividend of 25 kobo per share to investors of the company. Eterna said on Friday that closure of Register for the period ended September 30, 2016 is November 22, 2016, payment date is December 12, 2016 after its […]
