SOLIBRA Report Updated (February 2017)
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We recommend a hold on SOLIBRA’s stock. Despite the good results expected in 2016, we anticipate a downward pressure on the stock. Indeed, the beginning of BRASSIVOIRE’s activity in November 2016 should create uncertainty on the stock. Thus, we propose to observe the first impact of this new competitive environment (H117 results) before taking position on the stock.
Hudson is an integrated securities firm, member of the West Africa regional stock exchange (BRVM) that offers a large array of financial services including brokerage, custody, sell-side research, investment management, investment banking and advisory, issuer services. Hudson's African and International client base includes governments, financial institutions, high net worth individuals, and corporate from various industries.
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