Tantalizers Plc, Japaul Oil & Maritime Plc releases half year results.
August 7th, 2008 Ikechukwu Emelike || ikechukwu@stockmarketnigeria.com
As we have successfully crossed the second quarter of the year amidst the bearish trend in the market it is expected of company’s to show the general public and investors their performance during the said period. It has been a well known theory that company results affect its share price movement in the market. But in the last 2 months we have seen excellent performance yield little or no results leaving investors in tight situations.While pundits are of the view that the bearish nature of the market would end soon, some investors who have lost so much are dead scared of making financial commitments in the market as the much awaited rebound has not come to fruition. It might be a good idea to buy stocks at this time but caution should be taken at the type of stocks you buy and long term should be a good objective.
Below are results released yesterday to the market.
Tantalizers Plc.
Listed few months ago into the foods beverages and tobacco sub sector of the stock market. Its unaudited half year results for the period ended June 30 2008 showed that it grew its turnover during the period by 18.03 percent from N1.830 billion in 2007 to N2.160 billion in 2008.
Profit before tax increased from N0.094 billion in 2007 to N0.261 billion in 2008 indicating an increase of 177.66 percent. After tax profit moved northwards by 187.95 percent from N0.083 billion in 2007 to N0.239 billion in 2008.
Japaul Oil & Maritime Plc.
The company’s unaudited half year results for the period ended 30 June 2008 saw turnover moving by 48.00 percent. It from N1.000 billion in the same period in 2007 to N1.480 billion in 2008. Profit before tax grew by 154.78 percent from N0.23 billion in 2007 to N0.586 billion in 2008. While after tax profit increased to N0.468 billion as against N0.184 billion in 2007 signifying an increase of 154.35 percent.
(6 votes, average: 2.33 out of 5)
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l want to know maybe tantatilizers is a
good buying stocks?
thanks
People visit fast food on a daily basis, occassions in a society like ours is always an the increase and rising everyday, the prospects are beautiful, and lots more. So, so, if you got the money, I urge you to buy Tantalizers stock. It should reward you in the meduim to long term depending on your investment objective. Good luck!
Besides, going by the earnings report of Tantalizers, you are assured of a bountiful return on investment overtime. The bears market will not last forever, what goes up must come down and vise versa in the stock market. The management is sound as well, the fundaments a company needs are all there.
Sirs,I am one of those who bought in to JAPAUL last public offer.Out of the 280,000 units I applied and fully paid for,I was sent a certificate of 15,400 only with a promise to send the rest in stocks.I have been waiting since then.one gentleman answered my call last week that I should expect another 100,000+.Sirs,my money has been unfairly tied down since then.can you help? .can’t you help? I must say that I am worried about the going.
i buy secordary share from dangote sugar but they didnt give me my certificate i was told that secordary buyer has no to be given certificate it was cash caft company that help me in buying it about 10,000 units and i was given cscs account but am unabel to check the account
pls i want to know will it be reasonable to buy big treat n japaul or which do you advise i buy
sir, i want to know what is happening to sterling bank. it’s the stock not quoted any more.
Good day, i happened to be one of the investors that subsribed to the last private placement of the Union Diagonistic company and have since been issued with certificate but up to now the company is not listed on the floor of the NSE.What should be our faith? we are so much worried on the matter because our money have been tied with out recording any benefit for all this while.Thanks
I paid for 60,000 units of Japaul oil during last 2007 public offer.I was allotted 33,919units only.My money return has not been collected as of 23rd Sept.2008.pls. kindly help to facilitate the refund of the balance of my money.
I EKPENYONG EMEMOBONG EDEM Bashumoh Petroleum No 159 Nwaniba Road , Uyo.I bought the last initial public offer and i have not gotten the certificate please try and see if you can help me.
are we expecting any dividend from japaul?
I bought about 2000units @ N3.45k of japaul oil shares last year but since then i hav not seen my certificate maybe bcos of the address i used. so kindly help notify them to pls send it to P O BOX 6554 sapon abeokuta. Or to CSCS acct C3089959SD
JAPAUL OIL&MARITIME PLC, Kindly send my dividends to Acct No 071200005154, acct name Sotunde Oludare Francis, Bank Name Platinum habib bank plc.