Manonamission:
http://www.nse.com.ng/Financial_NewsDocs/21440_CAVERTON_OFFSHORE_SUPPORT_GROUP_PLC_FINANCIAL_STATEMENTS_MARCH_2018.pdf

http://www.nse.com.ng/Financial_NewsDocs/21441_CAVERTON_OFFSHORE_SUPPORT_GROUP_PLC_CORPORATE_ACTIONS_MARCH_2018.pdf

EPS: 77k

...Now lets move up to within the N6 boulevard !!
For 'we still have our dual return flight ticket'. ...and we intend not to use it now.
Take it or leave it, there's surely more to come aboard the CAVERTON airline.

...and so shall it be with the many other REVELATIONS !!

#BELIEVE
#ANDKEEPBELIEVING

I no longer receive dividend since 2010 from the ETI shares I got in 2008. I only received dividend twice after i got the shares.. Please what can I do about this. Who has the same experience please

Is today a full trading day?

kolaish:
CAVERTON OFFSHORE SUPPORT GROUP AUDITED CONSOLIDATED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2017 31/12/2017 31/12/2016 N'000 N'000 Revenue 20,540,505 19,310,514 Cost of Sales (13,327,870) (11,642,435) Profit/(loss) before tax 3,907,099 1,104,654 Income Tax (1,285,271) (492,370) Profit/(Loss) After tax 2,621,828 612,284 Earnings per share (kobo) 77 18 Dividend Per share (kobo) 15 Nil Bonus Shares Nil Nil

So PAT grew geometrically by almost 450% !!
...while EPS grew by nearly 430% !!.
its alright.

with this result, I now have a fair price of N6.10 !!

However Mr TIME can Pilot the CAVERTON airline to far above this figure by the time he releases the fantastic Q1 result.
We are here to stay. ...because everything good is here.
More to come !!

#BELIEVE
#ANDKEEPBELIEVING

onegentleguy:



...Now lets move up to within the N6 boulevard !!
For 'I still have my return flight dual ticket'. ...as we intend not to use it now.
Take it or leave it, there's surely more to come aboard the CAVERTON airline.

...and so shall it be with the many other REVELATIONS !!

#BELIEVE
#ANDKEEPBELIEVING

NO BE ONLY N6

yok:
MSCI MOVEMENT 28 MARCH 2018/MARKET COMMENT

Market still dull. Expect extra dull market from today till next week Wednesday.

The big money will only start their move after the Nigeria [b]FOMC decision is made public. [/b]

Therefore, still keep your money for now or go for holiday and enjoy yourself.

Caution: This information is for educational purpose only. Data used are assumed to be correct. You may need to verify the data from other independent sources if in doubt. For any clarification you can always send me a mail via this forum.

Oga. Stop confusing yourself trying to look smarter than you actually are.

Nigeria does not have anything like FOMC (Federal Open Market Committee). Thats American. That like saying the Nigerian NYSE.

The Nigerian version of FOMC is MPC (Monetary Policy Committee.

Gracias

Cadillac15:


Oga. Stop confusing yourself trying to look smarter than you actually are.

Nigeria does not have anything like FOMC (Federal Open Market Committee). Thats American. That like saying the Nigerian NYSE.

The Nigerian version of FOMC is MPC (Monetary Policy Committee.

Gracias

Who cares?

Yok doesn't read your posts.

MPC / FOMC, once price is right---buy. End of story.

Mpeace:
NO BE ONLY N6

...Its alright my dear !!
Just try and be a good sideline spectator.
...and keep watching.

onegentleguy:


...Its alright my dear !!
Just try and be a good sideline spectator.
...and keep watching.

I am also watching ur Aiico.

PZ CUSSONS NIGERIA PLC UNAUDITED FINANCIAL STATEMENTS FOR THE QUARTER/9 MONTHS ENDED 28 FEBRUARY 2018 28 FEB 2018 28 FEB 2017 N'000 N'000 REVENUE: 63,259,678 57,149,867 COST OF SALES: (45,023,690) (37,925,397) PROFIT/(LOSS) BEFORE TAX: 1,966,759 2,354,946 TAXATION (629,363) (753,583) PROFIT/(LOSS) FOR THE YEAR: 1,337,396 1,601,363 EARNINGS PER SHARE (KOBO) 34 40 DIVIDEND PER SHARE (KOBO) NIL NIL

onegentleguy:

...Its alright my dear !! Just try and be a good sideline spectator. ...and keep watching.

Mpeace:
I am also watching ur Aiico.

Yes my dear.
Keep a keen eye on it. ...for it will pay bountifully within the 'complete circle of days right after the release of its Q1 result.

We are fully here but then, u are very free to also remain a sideline spectator.
Keep watching my dear.

This 2.45k is attractive.plenty people who wan chop it don begin take position.
After mark down next week,what follows?MPC meeting outcome next week will either send prices up or down.

RabbiDoracle:


Some things don't add up in the report. Is this FORTE OIL or FORTE POWER?

Let's look at the breakdown of the revenue and cost of sales .

For Power generation:
Revenue=N 36.613b
Cost of sales= N23.648b

Then gross profit= N12.965b

For Fuel, chemical, lube and grease(core business):
Revenue=N92.83b
Cost of sales= N81.679b

Then gross profit= N11.151b

From the P & L account,

Non- controlling interest =N8.458b (after tax deduction ooo)

And on notes 21, non- controlling interest means that for Geregu power plant, Bureau of Public Enterprise has 49% stake. For Amperion Power Distribution, BSG Resources Limited has 38% stake and Shanghai Municipal Electricity Power Company has 5% stake.

So in both cases Forte oil should have more than 50% stake in the operation of the power plant and the distribution company.

Now if the non-controlling interest is 8.458b after tax, this is 65% of the gross profit from power generation. Where is Forte oil's stake in the power generation?

If the bulk of the PAT goes to non-controlling interest, this shows that much of the profit is from power generation. How about the fuel, chemical,lube and grease?

Do we still need to call this company Oil? It should be POWER!!!

This is the oracle that I know, analytical!

Any company with complex shareholding structure is a no no for me.
Always very difficult to make a projection as to profit that will go to the shareholders.

As it is with FO, so also is Transcorp. I no fit do complex calculation.

pluto09:



This is the oracle that I know, analytical!

Any company with complex shareholding structure is a no no for me.
Always very difficult to make a projection as to profit that will go to the shareholders.

As it is with FO, so also is Transcorp. I no fit do complex calculation.

oando nko?

FOMC or FMC

Okay. Thanks for the correction. At least we all have idea of what I am talking about.

swilo:


Who cares?

Yok doesn't read your posts.

MPC / FOMC, once price is right---buy. End of story.

Okay. Thanks for the correction. At least we all have idea of what I am talking about.

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/21445_MOBIL_OIL_NIG_PLC._CORPORATE_ACTIONS_MARCH_2018.pdf
http://www.nse.com.ng/Financial_NewsDocs/21450_TRANSNATIONAL_CORPORATION_OF_NIGERIA_PLC_FINANCIAL_STATEMENTS_MARCH_2018.pdf
http://www.nse.com.ng/Financial_NewsDocs/21447_B.O.C._GASES_PLC._CORPORATE_ACTIONS_MARCH_2018.pdf

And offers for Transcorp just expanded. That tells a lot.

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/21445_MOBIL_OIL_NIG_PLC._CORPORATE_ACTIONS_MARCH_2018.pdf
http://www.nse.com.ng/Financial_NewsDocs/21450_TRANSNATIONAL_CORPORATION_OF_NIGERIA_PLC_FINANCIAL_STATEMENTS_MARCH_2018.pdf
http://www.nse.com.ng/Financial_NewsDocs/21447_B.O.C._GASES_PLC._CORPORATE_ACTIONS_MARCH_2018.pdf

I bo need to open transcorp result. Its already on full offer, so I know wetin dey follow

yok:
FOMC or FMC

Okay. Thanks for the correction. At least we all have idea of what I am talking about.

Wow. What a nice guy. See as you take dodge my stone this cool afternoon.

I take back my stone

You are indeed smart.

OBAGADAFFI:
PZ CUSSONS NIGERIA PLC UNAUDITED FINANCIAL STATEMENTS FOR THE QUARTER/9 MONTHS ENDED 28 FEBRUARY 2018 28 FEB 2018 28 FEB 2017 N'000 N'000 REVENUE: 63,259,678 57,149,867 COST OF SALES: (45,023,690) (37,925,397) PROFIT/(LOSS) BEFORE TAX: 1,966,759 2,354,946 TAXATION (629,363) (753,583) PROFIT/(LOSS) FOR THE YEAR: 1,337,396 1,601,363 EARNINGS PER SHARE (KOBO) 34 40 DIVIDEND PER SHARE (KOBO) NIL NIL

current price with this earnings should pz not be at 7naira?

TRANSNATIONAL CORPORATION OF NIGERIA PLC AUDITED GROUP FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER, 2017 DECEMBER 2017 DECEMBER 2016 N'000 N'000 Turnover: 80,284,959 59,424,619 Profit/(loss) before Tax: 12,305,547 (5,928,348) Income tax expense: (1,698,271) 4,801,350 Profit/(loss) for the year: 10,607,276 (1,126,998) Earnings per share (k): 11.70 (2.29) Proposed Dividend Per Share (K): 2.00 -

kolaish:
TRANSNATIONAL CORPORATION OF NIGERIA PLC AUDITED GROUP FINANCIAL STATEMENT FOR THE YEAR ENDED 31 DECEMBER, 2017 DECEMBER 2017 DECEMBER 2016 N'000 N'000 Turnover: 80,284,959 59,424,619 Profit/(loss) before Tax: 12,305,547 (5,928,348) Income tax expense: (1,698,271) 4,801,350 Profit/(loss) for the year: 10,607,276 (1,126,998) Earnings per share (k): 11.70 (2.29) Proposed Dividend Per Share (K): 2.00 -

choi... seems my brain is out of service .. wetin dey here biko?

On Transcorp:

I would say far better result than 2016. They made profit. Q1 will give direction for this year. Until we see the nitty-gritty of the result shaaa.

Last minute bullying...
But why did he/she wait till 2:30

GTay:
Last minute bullying...
But why did he/she wait till 2:30

The last 5 minutes of trading can be very interesting. Someone mopped all available offers of Livestock at #90k and left some for the veecovees to sell into

Another bought GTB all the way from 41 to 44.

Some were desperate to see Zenith close at #29 but someone else ensured it closed at the highest available offer upon close of trade.

Not to mention the drama with Fidelity ati be be lo

mendes911:

On Transcorp:

I would say far better result than 2016. They made profit. Q1 will give direction for this year. Until we see the nitty-gritty of the result shaaa.

Back to 1.33 where we started the jourrney before disembarking at 2+ junction.
plenty money to be made on Q1 betting.......

rationalmind:


The last 5 minutes of trading can be very interesting. Someone mopped all available offers of livestock and left some for the veecovees to sell into

Another bought GTB all the way from 41 to 44.

Some were desperate to see Zenith close at #29 but someone else ensured it closed at the highest available offer upon close of trade.

Not to mention the drama with Fidelity ati be be lo

Market distortions......

mendes911:

Market distortions......

You have never been a fan

rationalmind:


You have never been a fan

Only once....

When MM was distorting FCMB at N2.00. That was years back. Money was made then.

After all said and done about GTB and corporate policy, no be them dey support their share price now?

mendes911:


Only once....

When MM was distorting FCMB at N2.00. That was years back. Money was made then.

After all said and done about GTB and corporate policy, no be them dey support their share price now?

You think it is market makers because you don't really know for sure who it actually is. Abi your browser dey show name of buyer? Stop speculating bro.