₦airaland Forum

godlyguy:
CHAMPIONS BREWERIES is a dead stock... Enter at your own PERIL

THE BIG SMART GUY

CashDiMkpa:
Why are they releasing an "Un-audited Financial Statement" to the market? Dem no get auditors?

Mcy56:
Mopping ongoing in Dangcem.......... 179.90 now
**Not an update for anyone to rush in, buy at your discretion if you want to......... and as you're led.....try and get at bargain price if possible..

Updating...........

DeRuggedProf:
Oh Unilever, how are the mighty fallen.
How the strength of youth is dew,
Thy friends watch thee like a leper,
Thy days of glory knocked across the border,
The thousands you fed now curse thee.
Tarry no longer, humble thyself,
Drop thy high heels, remove thy make-up,
Visit UACN and thy glory might be restored.
The market appreciates the humble.
Thy time of affliction has come....

TLAX:
There is no systematic problem with Champion breweries as a company. The brewery industry is going through a particularly tough time now and as such one needs to be cautious when investing in brewery stocks. The challenges facing the industry may not abate anytime soon and it is the effect you are seeing in Champion brewery. Most brewery stocks (Nigerian Brewery, Guinness, International Breweries) have witnessed steep drop in prices, ditto Champion breweries.

The only issue with its stock is that it does not meet the free float requirement as ownership (Raysun/NB - 60%+, AMCON - 12%+ and AKSG - 17%+) is concentrated with only 10% in the hands of retail investors.

Mcy56:
Reminder:
GTB ..............board meeting took place Xtyday
UBA.............coming up on 27th Jan, 2020
FBNH and few other ones coming up on 30th Jan 2020

pluto09:
May be it will get to my turn
I still want to sell my aso saving and loans

Mcy56:
Oga pls stay away from that stock.......and if you already bought before posting this, all I can wish you is..........................Good Luck.
I can see that my bosses advised you against doing such as well.

A boss mentioned that Abbeybid took off..........it could be a trap........newbies be warned, dont go close.

Toluway:
Do you even know that Unilever does not pay tax? I was there last December with my colleagues to verify it's tax portfolio. For your information, this multinational is totally exempted from tax bu the present Government. Unbelievable!!

Uchetoba:
They are on tax holiday yet they are making losses what will happen they start paying tax?

CashDiMkpa:
Why are they releasing an "Un-audited Financial Statement" to the market? Dem no get auditors?

rebekah2011:
FBNH own na to consider and approve unaudited Q4 accounts for the auditors to audit oooooo.

DeRuggedProf:
Can someone throw it into the grave of Elisha?.....

Mcy56:
Reminder:
GTB ..............board meeting took place Xtyday
UBA.............coming up on 27th Jan, 2020
FBNH and few other ones coming up on 30th Jan 2020

Thinkbigga:
Please what do we expect on those dates? Results? Announcement of dividends?

Jejebabaa:
Does anyone has a link to Unilever 2018 full year results and the amount of dividends they paid last year if any please. Thanks

Mcy56:
* Board meets to decide and deliberate on the FYE (financial year end) results. FYE is a cycle of one year.
* Decide on the dividend payment for the year end. How much to pay as dividend per share.
* AOB ......any other business.

After the meeting:
* Board decision is announced.
* Qualification date is announced
* Dividend Payment date announced

That's what I know.

Mcy56:
* Board meets to decide and deliberate on the FYE (financial year end) results. FYE is a cycle of one year.
* Decide on the dividend payment for the year end. How much to pay as dividend per share.
* AOB ......any other business.

After the meeting:
* Board decision is announced.
* Qualification date is announced
* Dividend Payment date announced

That's what I know.

bigjay01:
In the case of banks as I understand it - if the board agrees with the result, then they are sent to CBN for approval. If CBN approves, then it is sent to NSE. If NSE approves, then those corporate actions follow.

rebekah2011:
It is not correct to say Unilever does not pay tax. They pay taxes.

Mcy56:
* Board meets to decide and deliberate on the FYE (financial year end) results. FYE is a cycle of one year.
* Decide on the dividend payment for the year end. How much to pay as dividend per share.
* AOB ......any other business.

After the meeting:
* Board decision is announced.
* Qualification date is announced
* Dividend Payment date announced

That's what I know.

Toluway:
My assertion is authoritative please. You are supposed to ask for my source instead of talking categorically on what you've not sure of. My information is official.