Stock Market Tips For Nigerians

 

@ rasputinn

What's your take on UBA bros

Any ideas

For those who own Juli Pharmacy

JULI PLC
AUDITED ANNUAL REPORT AND ACCOUNT FOR THE
YEAR ENDED DECEMBER 31, 2007
                               2007        2006
TURNOVER                       N236.623m   N185.643m
LOSS/PROFIT BEFORE TAXATION   (N4.623m)   (N19.097m)
TAXATION                      (N2.471m)   (N4.408m)
LOSS/PROFIT AFTER TAXATION    (N7.094m)   (N23.505m)

Looks like they are on a recovery path

Is there any news about the Bank PHB Certificate?

DANGOTE SUGAR REFINERY

Subsidiary of Dangote Group, spun off from Dangote Industries Limited in Jan 2006
Manufacturer of Fortified sugar, imports raw sugar from brazil, refines and fortifies it with Vitamin A as per NAFDAC guidelines
Year End Dec 31st
IPO 2006
Shares Outstanding 12,000,000,000 (gave 1 for 5 bonus for Yr end 2007, announcd in March 2008, increasing shares outstanding from 10billlion to 12billion)
Registrars - Zenith Registrars

Started production March 2000
Factory in Apapa, commisisoned in 2001-  installed plant capacity currently 1.44million metric tonnes/yr, to be expanded to 2.4million metric tonnes (which would make it the world's largest sugar plant!!). Plant currently at 75% capacity utilization)
Completed factory expansion 2006, further expansion planned.

Small packaging plant set to commence ops in 2nd half of 2008-to package sugar in smaller bags than the current 50kg bags.(the 50kg bags will continue to be produced and the smaller bags are meant for smaller distributors and individuals).
Sugar plant for Algeria by 2009

Customers:
Nestle,cadbury,7up,other industrial sugar users- make up 18% of sales for DSR
Distributors- buy white sugar wholesale and retail it to households and smaller industrial users: account for 82% of DSR sales.
All of DSR sugar was sold only in Nigeria until Dec 2007 when it began exports to Ghana.

TURNOVER
2001 14.81BILLION
2002 13.54BILLION
2003 27.88BILLION
2004 36.58BILLION
2005 58.49BILLION
2006 83.76BILLION
2007 80.649BILLION (This decrease in turnover between 2006 and 2007 was attributed to the decrease in world prices in sugar, resulting in DSR passing the savings to consumers by decreasing its selling price per bag from N5100/bag to N4600/bag)
1Q 2008 20.94BILLION (Up from 20.036billion in 1Q 2007)

PBT
2001 1.5BILLION
2002 1.22BILLION
2003 4.54 BILLION
2004 7.37BILLION
2005 9.38BILLION
2006 16.657BILLION
2007 30.662BILLION
1Q 2008 8.93BILLION (Up from 7.16billion in 1Q 2007)

PAT
2001 1.5BILLION
2002 1.22BILLION
2003 4.54BILLION
2004 7.37BILLION
2005 9.38BILLION
2006 16.657BILLION
2007 21.478BILLION
1Q 2008 6.69BILLION (Up from 5.368billion in 1Q 2007)

Note that DSR enjoyed Pioneer status till end of year 2006 (dec 31st 2006) meaning they paid no tax on their income which is why PBT=PAT till 2006. The first income that was taxed for DSR was for End of year 2007.

PROFIT AFTER TAX MARGINS
2001 10.12%
2002 9.01%
2003 16.30%
2004 20.15%
2005 16.04%
2006 19.885%
2007 26.63%

EPS
2001 14.99KOBO
2002 12.19KOBO
2003 45.44KOBO
2004 73.71KOBO
2005 93.80KOBO
2006 N1.67KOBO
2007 N2.15KOBO

ROE (return on equity)
2001 117.3%
2002 9.09%
2003 25.29%
2004 29.09%
2005 27.02%
2006 59.54%
2007 82.74%

As of April 2008, Dangote Sugar Refineries have no debt according to their MD/CEO, in fact they have money in the bank that generated an interest on N500 million in 2007. Oh boy, oh boy, oh boy!!!. the interst alone is more than the PAT for some companies for a whole year.

I hope the information is useful.

PLEASE I NEED ADVICE BEFORE I GO INTO MESS AGAIN


Please is presco a good buy now considering the fact that its price is now N29.

I am planing to get Japaul oil for long term investment. Please is it a good plan. Please I need advice .

Finally is NASCON a good buy now.(at N19)

D-UNITED,makers of indomie variety of noodles plans to do  a PP  @ N2.10 minimum of 100,000 units
More details coming soon

bullshit meen!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Abeg gurus in da house some advice pls, i have some units of IBTC Equity Fund which i want to sell but the price keeps falling below my liquidation price (14K) any hope for it to hit 14K in the next 1 month?
Also i want to sell some of my GTB and the thing no wan comot for 33 naira  :'(any hope for it to rise in the next 1 month?

definitely not. u can get NASCON cheaper.

Transcorp Seals N585b Agreement With Hilton Int'l
By Aaron Ukodie ,Deputy Business Editor

Transnational Corporation of Nigeria Plc, Transcorp announced on Tuesday that it has signed a $5 billion (N 585 billion) strategic partnership deal with Hilton International Hotel Group.

The company said the deal, which was signed in Lagos over the weekend, demonstrates its resilience and ability to attract foreign investment.

The money that will aid Transcorp to focus on developing other business lines apart from telecommunications involves the development of ten new hotels in Africa over the next five years.

Transcorp, which took over the Abuja Hilton Hotels about three years ago, has made a success in its management. But its bid to have a hold in the telecommunications sector with the acquisition of 51 per cent of NITEL in November 2006 has not succeeded.

Transcorp, which is currently disputing its management role in the first national carrier, could lose part of its shares in the company to a new core investor in the months ahead.

The Hilton hotel chain is owned by the Blackstone group, the largest quoted private equity firm on the New York Stock Exchange with over $300 Billion of managed funds.

According to the company statement the money will also help the Transcorp hotel in Abuja, which is adjudged by many as the most successful within the Hilton chain in the Africa/Middle East region to dramatically expand its operation to include a world class convention center, office building and a Conrad Hilton apartment building.

Andre Herrenschmidt, General Manager of Transcorp Hilton, Abuja said, "The Hilton's partnership with the new leadership of Transcorp is extremely rewarding and professional. We see a bright new future and tremendous success for Hilton across Africa."

In his comments, Transcorp's Group Managing Director and Chief Executive Officer, Mr. Tom Iseghohi remarked "Our (Transcorp's) focus is to utilize our global credibility to develop world class partnerships that will propel the Nigerian economy to what it ought to be.

Partnership with the Hilton is just the beginning of several new alliances that we are working on to enable further creation of jobs thereby enhancing the development of the economy".

It will be recalled that the Transcorp Hilton, Abuja has continuously improved on occupancy and revenue targets since the take over of the hotel by Transcorp.

MUTUAL BENEFITS ASSURANCE PLC

YEAR ENDED 31ST DECEMBER 2007
                             2007        2006      %CHANGE
GROSS PREMIUM                N2.210b     N1.947b    13.5
PROFIT BEFORE TAXATION       N1.218b     N742.304m  64.12
TAXATION                    (N180.616m) (N40.084m)
PROFIT AFTER TAXATION        N1.037b     N702.220m  47.7
PROPOSED DIVIDEND/SHARE 6KOBO
CLOSURE OF REGISTER JUNE 16-21, 2008

Juicy result me thinks.

IKEJA HOTEL PLC

UNAUDITED 1ST QUARTER RESULT FOR THE PERIOD ENDED 31-03-2008
                          2008      2007        %CHANGE
TURNOVER                  N1.558b     N1.320b    18
PROFIT BEFORE TAXATION    N380.0m     N272.146m  40
TAXATION                 (N121.611m) (N87.087m)  40
PROFIT AFTER TAXATION     N258.424m   N185.059m  40
 

UBA @ less than 60 naira and mark down is between Mon and Wed.

I also hear a share reconstruction is in the offing. Maybe that is why they need the price this low. hmmmm,

Are the bears back cause i can see a downward trend in prices

pls guys what is happening to 1st bank and wapco.