Culled—-Proshare 1/11/2016/Vetiva Research Group 9M’16 revenue up 5% y/y Group reports 23% y/y rise in PAT Earnings beat estimates despite higher production costs Forecasts, TP revised upwards, BUY rating maintained 9M’16 revenue up 5% y/y supported by Food segment UACN recorded an impressive 18% y/y revenue growth in the third […]
Investors Bite
Stocks Reverses Loss on NSE, Start November Positive
By Yakubu LAAH InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday commenced the month of November on a positive note as the all-share index (ASI) advanced by 0.12 percent to close at 27,252.48 points. “Today’s gain pared the Year-to-Date loss to 5.01 percent, according to Cordros daily market update. […]
International Breweries Plc Records Pre-tax and Post-tax Losses in Q2’17 Results
Culled—Proshare November 1, 2016/FBNQuest Research Event: International Breweries reports Q2 2017 (end-Sep) results Implications: Downward revision to consensus estimates expected Positives: Sales of N6.6bn were up 35% y/y and 12% ahead of our estimates Negatives: Pre-tax and post-tax losses of –N216m Late yesterday, the NSE published International Breweries’ Q2 2017 […]
