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Presco Q2 2017 Results Review: In Line for a Record Year

Culled—Proshare September 22, 2017/FBNQuest Research Maintaining Outperform rating Presco’s Q2 2017 topline growth surprised slightly, beating our forecast by 10.7%. The company continues to benefit from increased demand thanks to… Read more »

FCMB Plc: A forgotten star?

Culled—Proshare September 11, 2017/ARM Research Following a dramatic share price decline (-23% from the year-peak of N1.42), FCMB now looks attractively valued among our Tier 2 coverage and thus offers… Read more »

PZ Cussons Nigeria Plc FY 2017 – Impressive End to FY’17, EPS Up 73% YoY

Culled—Proshare September 8, 2017/Vetiva Research ·         FY’17 revenue beats estimates, up 15% y/y ·         Strong margin improvement cushions huge FX loss ·         FY’17 PAT up 73% y/y to ₦3.7 billion,… Read more »

PZ Cussons Nigeria Reports Q4 2017 Results – Positive Reaction by the Market Likely

Culled—Proshare September 7, 2017/FBNQuest Research Event:                       PZ Cussons Nigeria reports Q4 2017 (end-May) results Implications:        Positive reaction by the market likely Positives:                Q4 PBT and PAT grew… Read more »

Zenith Bank Records Very Good Performance-Cowry Investment Recommendation

September 7, 2017/Cowry Asset Zenith Bank Records Very Good Performance Relative to the industry, Zenith Bank Plc recorded a very good performance for H1 2017. Taking into consideration relevant ratios, we… Read more »

PZ Cussons Nigeria: Impressive Q4-17 Result Caps Solid 2017FY Performance

September 7, 2017/Cordros Research Click here to download full PDF copy of Report PZ released 2017FY and Q4-17 results late yesterday. For the 2017FY, revenue grew by 14.5% while PAT… Read more »

PZ Cussons Says 2017 Pretax Profit up 52.83% to N4.81Billion

September 7, 2017 By InvestAdvocate Lagos (INVESTADVOCATE)-Soap and detergent producer, PZ Cussons Nigeria Plc on Wednesday said its pretax profit for the period ended May 31, 2017 surged 52.83 percent to… Read more »

Stanbic IBTC attracts N413.62 billion capital inflows into Nigeria

September 6, 2017/XLR8 Stanbic IBTC, a member of Standard Bank Group, in the second quarter of this year, facilitated a staggering $589.84 million capital inflow into the country, ranking it… Read more »

Stanbic IBTC Holdings Q2 2017 Results Review – Likely Easing of Cost of Risk In H2 Bodes Well

Culled—Proshare September 6, 2017/FBNQuest Research Post roll-over to 2018, keeping Neutral rating We have rolled over our price target for Stanbic IBTC (Stanbic) to 2018, increasing our target by 56%… Read more »

Guinness Nigeria Grew PBT by 213.41% in 2017 FYE Despite Increase in Costs

September 6, 2017/Cowry Asset Guinness Nigeria Plc today released its financial statements for the year ended 30, June 2017; Revenue increased year-on-year (y-o-y) by 23.48% from N101.97 billion to N125.92… Read more »

 

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