C & I LEASING: SURPRISING EARNINGS THAT WILL DRIVE PRICE, DIVIDEND
Leading equipment leasing and rental service provider quoted on the Nigerian Stock Exchange (NSE), recently released its earnings report for the nine months ended September 30, 2017, with top and bottom lines pointing northward, to support price rally that made the stock one of most frequent equity on the top advancers log in the recent months. This surprising performance is a consolidation of its quarterly numbers since the beginning of the current financial year, which is attributable to the commitment of management to deliver value for clients and shareholders, backed by aggressive product innovation and marketing. Of course, the company’s robust performance cannot be divorced, especially at this time when the leasing and outsourcing industry in Nigeria continues to wax strong; while corporations try to cut operating cost, remain in business and of necessity, remain profitable. The company's outstanding performance since the beginning of this year has e...