Results & Dividends

SEC Moves to Tackle Unclaimed Dividends

December 26, 2019/SEC The Securities and Exchange Commission, SEC has said that it has outlined a number of initiatives in a bid to resolve the issue of unclaimed dividends in the capital market. Acting Director General of the SEC, Ms. Mary Uduk who spoke in Abuja, said in the new […]

Dangote Cement Q3 2019 Results Review: Shares Oversold At Current Levels

Culled—Proshare November 29, 2019 By FBNQuest Research   Single-digit cuts to our 2019-21E EPS forecasts Dangote Cement’s (DangCem) Q3 2019 PBT missed our forecast by a significant margin due to negative surprises in gross margin, opex and interest expense. From an earnings standpoint, the company’s Q3 PBT of N42.2bn is the […]