External broker reports(aggregated public sources), CardinalStone

CardinalStone

CardinalStone is an independent, multi-asset investment management firm offering an assortment of financial services to a diverse institutional, high net worth and retail clientele base. The company began operations in June 2008 and its business is conducted across six divisions – Investment Banking, Asset Management, Securities Trading, Trust Services, Registrar Services and Financing.

Headquartered in Lagos with offices in Abuja, Nigeria, the firm and its licensed subsidiaries diligently works with its clients to create bespoke solutions for their needs.

External broker reports(aggregated public sources)

CardinalStone is an independent, multi-asset investment management firm offering an assortment of financial services to a diverse institutional, high net worth and retail clientele base. The company began operations in June 2008 and its business is conducted across six divisions – Investment Banking, Asset Management, Securities Trading, Trust Services, Registrar Services and Financing. Headquartered in Lagos with offices in Abuja, Nigeria, the firm and its licensed subsidiaries diligently works with its clients to create bespoke solutions for their needs.

Equity Bottom-Up

<ul><li>Okomu Oil Palm PLC (NGX: OKOMUOIL, TP: UR*) sustained its strong earnings trajectory in 9M’25, with EPS rising by 58.1% YoY to N63.25, underpinned by robust turnover growth and tamer operating cost growth, which offset an uptick in net finance costs.</li><li>Revenue growth was predictably robust, with a 52.4% YoY growth for Q3’25, augmenting the already impressive H1’25 performance.</li><li>This led to a 67.3% YoY growth for 9M’25 to N174.0 billion and was likely buoyed by elevated CPO prices along with decent volume turnout. </li></ul><p><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></p>

Okomu Oil Palm PLC (NGX: OKOMUOIL, TP: UR*) sustained its strong earnings trajectory in 9M’25, with EPS rising by 58.1% YoY to N63.25, underpinned by robust turnover growth and tamer operating cost growth, which offset an uptick in net finance costs.Revenue growth was predictably robust, with a 52.4% YoY growth for Q3’25, augmenting the already impressive H1’25 performance.This led to a 67.3% YoY growth for 9M’25 to N174.0 billion and was likely buoyed by elevated CPO prices along with decent volume turnout. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Okomu Oil Palm

OKOMUOIL - 9M'25 Earnings Update