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Nigerian Breweries takes a spot in this week’s watchlist

Onome Ohwovoriole by Onome Ohwovoriole
May 13, 2019
in Markets, Stock Market
investors on NSE, Stock to watch this week, Airtel Africa
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Stocks to watch comprises the top gainers and losers of the previous week, as well as companies expected to have corporate actions this week.

Stocks to watch is not a Buy/Sell/Hold list

Beta Glass Plc

Beta Glass takes the first spot in this week’s watchlist, having led gainers for the previous week. The stock gained 23.1% last week, and could decline if investors decide to cash in their profits.

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Presco Plc

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Presco PLC Sets New Milestone with Historic N42 Dividend Per Share and 128.7% PBT Growth to N113.2bn 

Presco Plc delivers record Q1 2025 results with N58.6 Billion Profit Before Tax 

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Goldlink Insurance Plc

Goldlink Insurance takes the second spot in this week’s watchlist, as it was the worst performing stock last week. The stock declined by 36.11% this week, and may drop further due to its poor fundamentals.

Cadbury Nigeria Plc

Cadbury Nigeria takes a spot this week, as the qualification date for its 2018 dividend is the 17th of May. Investors may decide to take positions in the stock in a bid to qualify.

The firm will be paying a dividend of N0.25 for the 2018 financial year.

International Breweries Plc 

International Breweries maintains a spot in this week’s watchlist, as the company is yet to release its release its results for the 2018 financial year. In addition, its Q1 2019 results are due.

Presco Plc

Presco Plc also maintains a spot this week, as the company is yet to release its audited full year 2018 results. The firm had indicated that it would release the results on or before the end of May.

11 Plc, Infinity Trust Mortgage Bank, Seplat Plc, Newrest ASL

11 Plc (formerly known as Mobil Oil Nigeria), Infinity Trust Mortgage Bank, Seplat Petroleum, Nigerian Breweries and Newrest ASL have a joint spot this week’s watchlist; the companes will be holding their Annual General Meetings (AGMs) this week.


Follow us for Breaking News and Market Intelligence.
Tags: 11 Plc (formerly Mobil Oil Nigeria)Infinity Trust Mortgage Bank PlcInternational Breweries PlcNewrest ASL Nigeria PlcOn the MoneyPresco PlcSeplat Petroleum Development Company
Onome Ohwovoriole

Onome Ohwovoriole

Onome Ohwovoriole has a degree in Economics and Statistics from the University of Benin and prior to joining Nairametrics in December 2016 as Lead Analyst had stints in Publishing, Automobile Services, Entertainment and Leadership Training. He covers companies in the Nigerian corporate space, especially those listed on the Nigerian Stock Exchange (NSE). He also has a keen interest in new frontiers like Cryptocurrencies and Fintech. In his spare time, he loves to read books on finance, fiction as well as keep up with happenings in the world of international diplomacy. You can contact him via onome.ohwovoriole@nairametrics.com

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