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Caverton Offshore Support Group Community
NGSE:CAVERTON Community
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Caverton Offshore Support Group
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Caverton Offshore Support Group
WA
WaneInvestmentHouse
Community Contributor
Caverton Offshore Support Group Plc Announces Joint Venture to Transform Nigerian Maritime Transportation
Caverton Offshore Support Group Plc has announced a new joint venture with The Nigerian National Petroleum Corporation (NNPC) Shipping and Stena Bulk to revolutionize maritime transportation in Nigeria and West Africa. Key Point: The joint venture will create a new tanker operation to serve Nigeria and West Africa's crude oil, refined product, and LNG shipping requirements, enhancing Nigeria's maritime capabilities and contributing to the country's economic growth.
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₦2.50
FV
9.2% undervalued
intrinsic discount
-22.84%
Revenue growth p.a.
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about 2 months ago
author updated this narrative
Your Valuation for
CAVERTON
CAVERTON
Caverton Offshore Support Group
Your Fair Value
₦
Current Price
₦2.27
68.6% undervalued
intrinsic discount
Growth estimate over
Annual revenue growth rate
5 Years
time period
%/yr
Decrease
Increase
Past
Future
-53b
40b
2015
2018
2021
2024
2025
2027
2030
Revenue ₦40.2b
Earnings ₦3.6b
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