April 26, 2022/OilPrice.com Oil prices are on course for a fifth straight monthly increase despite significant demand destruction in China, a trend that highlights just how big the current supply problem is. Oilprice Alert: Our trading specialists have just released a special report on how to play today’s boom in oil […]
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Inflation to be Elevated for Longer on War, Demand, Job Markets
(Image: IMF) By Jorge Alvarez and Philip Barrett April 27. 2022/IMFBlog CHART OF THE WEEK The war in Ukraine will quicken inflation, which we now expect to remain elevated for longer than previously forecast on higher commodity costs and broader price pressures. As the Chart of the Week shows, our […]
NASCON Allied Industries Plc Q1-22: Earnings Falters on Elevated Cost Pressures
April 26, 2022/Cordros Report NASCON published its Q1-22 unaudited financials this morning, reporting a 46.8% y/y decline in EPS to NGN0.58 (Q1-21: NGN1.09), following elevated cost pressures evidenced by the surge in cost of sales (+ 62.3% y/y). Notably, we highlight that our computation of NASCON’s EPS printed NGN0.15 in […]
