Forte Oil Q3 hit the market yesterday with;

  • Revenue of N36.7bn mixed; -24.9% q/q; +20.4% y/y
  • Profit before tax of N1.4bn down; -53.7% q/q; -32.6% y/y
  • Profit after tax of N0.6bn down; -55.9% q/q; -67.9% y/y

Forte TRW E-trader:

  • Total volumes traded 102,759 units
  • Total volumes on offer 254,923 unuts
  • Total bids: NIL

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Other News

 

 

 

 

 

 

FORTE OIL WEEKLY REPORT:

  • Current market price at N152.00 is within the March 2015 support levels
  • This current level will determine a Break/Fade rally (Consolidate within these levels or a Continuation of Current bear trend.

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