Author Archives: R. Daniels Chidozie
2024 High Conviction Stocks | January performance review
Nigerian equities kicked off 2024 on a strong note, as the NGXASI gained 35.3% in [...]
Feb
PRESCO PLC FY’23 EARNINGS – Efficiency gains offset cost pressures
Analyst: Abigail Alabi* a.alabi@vetiva.com Target price: ₦250.97 Rating: SELL PRESCO recently released its unaudited FY’23 [...]
Feb
FLOUR MILLS OF NIGERIA PLC 9M’24 EARNINGS – Topline expansion momentum sustained
Analyst: Oluebube Nwosu*o.nwosu@vetiva.comTarget price: ₦35.91Rating: SELL Q3 revenue growth expands gross marginIn the third quarter [...]
SSA Inflation Update – December 2023
Analyst: Ibukun Omoyeni*I.omoyeni@vetiva.com Lower oil prices moderate inflation in most SSA economies In 2023, headline [...]
TOTALENERGIES MARKETING NIGERIA PLC FY’23 EARNINGS – Higher fuel prices propel topline
Analyst: Victoria Ejugwu* Target price: ₦359.71 Rating: SELL Amidst higher fuel prices, Total reported a [...]
Jan
OKOMU OIL PALM COMPANY PLC FY’23 EARNINGS – Mixed Bag – Topline thrives, margins wobble
Analyst: Abigail Alabi* Target price: ₦256.95 Rating: SELL OKOMUOIL released its unaudited FY’23 earnings results, reporting [...]
Jan