CAL Brokers' target price for Total Ghana Limited has been achieved in just 2 months after the release of our equity research report. TOTAL's share price has rallied from GHS 4.10 to GHS 5.50. This represents a capital gain of 34.15%, which moves Total Ghana Limited from our chart of undervalued stocks.

It is our utmost delight to inform you our cherished clients and prospects, that clients who bought Total Ghana Shares, based on CBL's recommendation dated 31^st July, 2018, have made a return of 34.15%, much higher than anticipated.

In light of this, our covering analyst (Joachim Nyame) is currently reviewing the financial position of Total Ghana and will come up with a revised recommendation immediately the third quarter financial statements of the company are released.

CalBrokers Limited (CBL) is proud to be your investment adviser of choice and will continue to provide you with top-notch Equity & Fixed Income research reports. Kindly contact CBL for all your equity, fixed income, research and investment banking needs.