October 26, 2016/Cordros Research Last week (Friday), CADBURY released results for nine months and third quarter ended September 2016. The key features of the third quarter result are (1) y/y and q/q revenue growth — after a disappointing second quarter and (2) elevated cost pressure — which more than offset […]
Investors Bite
Stocks Extend Losses Third Consecutive day, Dragged Largely by DANGCEM
By InvestAdvocate Lagos (INVESTADVOCATE)-The Nigerian Stock Exchange (NSE) on Tuesday closed on a negative note for the third consecutive day and dragged largely by the dismay performance in the shares of cement producer and most capitalised company on the Nigerian bourse, Dangote Cement Plc. At the close of the session […]
The Initiates Plc Emerges First Waste Management Company to List on NSE ASeM Board
By Investadvocate Lagos (INVESTADVOCATE) – The Initiates Plc on Tuesday emerged the first waste management firm to list its shares by introduction on the Alternative Securities Market (ASeM) Board of the Nigerian Stock Exchange (NSE). The company listed 889,981,552 ordinary shares of 50 kobo each at N0.85 per share and […]

