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>PRESCO's revenue more than doubled YoY to N93.8 billion in Q1'25.</li><li>This performance was underpinned by an increase in volumes due to improved yields and a notable rise in average CPO prices.</li><li>Global CPO prices in Q1'25 remained elevated, with the benchmark Malaysian crude averaging $1,050.4/ton, up 24.1% from $846.6/ton in Q1'24, while a devaluation in the local currency supported local prices. </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>

PRESCO's revenue more than doubled YoY to N93.8 billion in Q1'25.This performance was underpinned by an increase in volumes due to improved yields and a notable rise in average CPO prices.Global CPO prices in Q1'25 remained elevated, with the benchmark Malaysian crude averaging $1,050.4/ton, up 24.1% from $846.6/ton in Q1'24, while a devaluation in the local currency supported local prices. 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.

PRESCO - Valuation Upside on GOPDC Consolidation

Presco

PRESCO - Valuation Upside on GOPDC Consolidation