Analysis of RT Briscoe and ASL
FSDH’s Analysis of RT Briscoe’s Q2 Results
- Company most likely to surpass last year’s performance.
- Good working capital position. So there is no fear of the company not meeting short term obligations.
- Projects a PAT of N740m for fiscal year.
- Rates the stock as a BUY at current price.
FSDH Analysis - R.T BRISCOE -Q2- 2008 (12)
Meristem Securities’ Analysis of Air Services PLC
- The company provides catering and hospitality services to local and international airlines and airports in Nigeria.
- Company currently enjoys a monopoly in providing catering services to the various airlines that serve the Nigerian economy.
- It has recorded impressive growth in PBT and PAT of 75% and 86% in the last 5 years.
- PAT is projected to rise to N1.67bn in the next 5 years.
- For FY 08, a 44% rise in PAT is projected.
- Rates the stock as a PUY with an upside potential of 27%.
Meristem Equity Research Report - ASL (24)
You can also read Meristem’s Analysis of the Petroleum Marketing companies:
Meristem - Report on Petroleum Marketing Companies (18)
Tags: companyanalysis
companyanalysis, stock exchange | 
donne4real | August 4, 2008