Culled—Proshare February 22, 2019/FBNQuest Research Slight cuts to price target and EPS estimates Nigerian Breweries’ (NB) Q4 2018 earnings missed our forecasts because of negative surprises in gross margin and net interest expense. The results suggest that headwinds were most pressing in 2018, as NB recorded its worst sales (-6% […]
OPINION/EDITORIAL
2019 Agro Allied Outlook: Apapa Gridlock and Smuggling: Major Threats to Earnings
February 21, 2019/InvestmentOne Report Please click to download the Outlook for the Agro Allied Industry · We believe this sector may continue to face the challenge posed by the smugglers of cheap inferior agro allied products in 2019. Therefore, margins may be pressured as many of the companies in this […]
Oil Markets Poised For A Breakout
February 19, 2019/OilPrice.com Chart of the Week – Bank of America Merrill Lynch says that Brent will likely trade between $50 and $70 per barrel over the next five years. – The bank says that prices will be “anchored” around $60, and that rising U.S. shale supply and OPEC’s willingness […]
