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Browsing: Nation Media Group
Interesting market developments encircled WPP ScanGroup in this review period. The counter’s share price has been on a rally albeit a sharp decline in its bottom line (-1,191.1% y/y) in the just-released FY20 results.
The uptick – that comes after a sequential diminution – is on the back of the exoneration of the suspended senior management that boosted investor confidence given the fact that there was no adverse effect on the counter’s financial performance, position and/or operations linked to the aforementioned. We opine that the rally will continue in the near term to 2Q21 levels as investors accumulate on the earlier exited positions.…
I am confident that Africa will continue to be a leader, in drawing on its historical experience, in building resilient, pluralistic, economically-strong, and environmentally sound communities, rooted in solid values and communal support structures that societies in the West and elsewhere will admire and emulate in years to come.…