Our community narratives are driven by numbers and valuation.
Executive Summary Fidelity Bank Plc delivered a resilient performance for the six months ended 30 June 2025, demonstrating strong net interest income growth and effective cost management, despite a modest rise in credit loss provisions. Group gross earnings rose 46% year-on-year to ₦748.71 billion (6M 2024: ₦512.80 billion), underpinned by growth in loans and advances and improved interest income.Read more

Executive Summary Union Dicon Salt Plc released its unaudited financial statements for the nine months ended 30 September 2025, reflecting marginal revenue activity and persistent losses amid significant administrative overheads and liquidity constraints. Despite modest gains from other operating income, the Company posted a loss after tax of ₦5.18 million in the period under review, compared to a profit of ₦36.73 million in the corresponding period of 2024.Read more

Executive Summary Dangote Sugar Refinery Plc recorded a challenging financial performance for the nine months ended September 30, 2025, driven by persistent cost pressures, elevated finance expenses, and sector-wide operational headwinds. Despite reporting solid revenue growth, profitability remained significantly constrained by higher input costs, materially increased interest expense linked to debt restructuring, and macroeconomic challenges including currency volatility and heightened sugar import costs.Read more

Sector: Agriculture / Edible Oils Analyst View: Exceptional performance — robust volume growth, efficiency gains, and strong earnings momentum sustain market leadership. Executive Summary Presco Plc delivered record-breaking earnings for the nine months ended 30 September 2025, with profit before tax (PBT) soaring 108.2% YoY to ₦139.7 billion.Read more

Agfa-Gevaert: A New Lease of Life Through Digitalisation and Materials Innovation A Careful Industrial Repositioning, Driven by Discipline, Digitalisation, and Speciality Materials Agfa-Gevaert (Euronext: AGFB) has undergone a transformation from an iconic photographic company into a focused digital imaging and specialty materials company. Following the sale of its Offset Solutions division to Aurelius Group in 2023, Agfa significantly reduced its exposure to the cyclical print sector and freed up capital for growth in higher-margin segments, such as digital radiology, industrial inkjet, and advanced chemical materials.Read more
Executive Summary Ronchess Global Resources Plc reported its unaudited financial statements for the six months ended 30 June 2025, revealing sustained revenue headwinds but notable improvements in cost containment and liquidity management. The Company recorded a loss after tax of ₦1.68 billion, compared to a loss of ₦1.25 billion in the corresponding period of 2024, reflecting continued margin pressure and elevated finance costs despite operational cost improvements.Read more

Catalysts Current Defence spend in EU & Globally is surging. Exosens state of the art tech & customer acceptance is impacting positively sales, margins & profits.Read more
The trading narrative for dLocal (DLO), based on the DCF Valuation - HatedMoats article, is that the stock is significantly undervalued. Key Trading Narrative Points: Verdict: Undervalued.Read more
1. Growth Engines in AI & Data Center AMD reported 36% YoY revenue growth in Q1 2025 , reaching $7.44B , with non‑GAAP EPS of $0.96 , a 55% YoY jump.Read more
