Jos International Breweries Plc

[Stockbear]

BusinessDay
Major Equity Swap At JIB
17 April 2007

A major divestment in Jos International Breweries Plc, yesterday may chart a new course for the shares in the coming weeks.

Stockbrokers said the cross deals where 200 million shares were transfered to new investors, has put the company in focus again.

The Brewer of Rock Larger beer among other brands has not declared dividends in a long time now. Specifically, the market capitalization of shares which were traded yesterday at N2.94 was N588 million.

The highest price during the year has been N3.26. The new investor(s) may turn out to be a booster to the company, which currently carry zero price earning ratio and earnings per share.

Earlier in March 2007, the Nigerian Stock Exchange allowed a supplementary offer of the brewery company listed. The supplementary offer of 303,500,000 shares was listed.

[Stockbear]

Investors need to be vigilant!

BusinessDay
April 19th, 2007
Jos International Breweries battles for life

Activities at Jos International Breweries Plc are gradually grinding to a halt, indicating that all is certainly not going well with the brewing company.
Chinedu Dike

The slide to a shutdown is making shareholders to be deeply concerned and is making them to seek the intervention of the regulatory authorities to help salvage their investments in the company.

The company accessed the capital market in 2004 for fresh funds to strengthen its operations. But the results of the offer are yet to be published and there are no clues of the level of subscription.

Though subscribers to the offer have received their share certificates, they are not yet verifiable as the shares are yet to be listed for trading on the floor of the Nigerian Stock Exchange (NSE).

Worried by this development, Boniface Okezie, President, Progressive Shareholders Association of Nigeria (PSAN), said he went to the company’s factory in Jos to appraise the state at the company. What he saw there was near zero operations. He did not see any truck moving in or out of the factory an indication that no production activity was going on.

http://www.businessdayonline.com/?c=56&a=12768

[Royal]

Stckbear, Thank you,

I actually was considering this as a good dark horse, that is a dark horse that you know will shine!
Rgdz

[Betiku Franklin Olugbenga]

If any serious core investor(s) comes along, this can certainly go the way of international breweries.
We should be on the look out for any info from n about the company.

[Betiku Franklin Olugbenga]

Kudos needs be given to the current mgt of the coy though, they have posted good results in the last six months

[pegheneji]

the price of JIB has been on the rise inspite of the bad result, does anyone know why or is ther any foreign investor coming in?

[dejacrue]

pple r buyin in expectatn of a new foreign core investors.as such d price r rising in spite of the unimpressive results.

[hispy99]

JOS INT'L BREWERIES PLC AUDITED ACCOUNT PERIOD ENDED 31ST DECEMBER 2007
TURNOVER 07 N400.706m, 06 N373.579m
LOSS/PROFIT BTAXATION 07 (N427.018m) 06 (N452.796m)
TAXATION 07 (N605,000)
LOSS/ PROFIT ATAXATION 07 (N427.623m) 06 (N452.796m)
RETAINED EARNINGS/LOSS 07 (N427.623m) 06 (N452.796m)
BAL SHEET INFO FIXED ASSETS 07 137.381m, 06 N104943m
STOCK 07 N406.124m, 06 N475.143m
TRADE DEBTORS 07 N220.480m, 06 N203.938m
CASH AND BANK BALANCES 07 N55.511m, 06 N17.822m
OTHER DEBIT BALANCES 07 N12.181m, 06 N12.139m
TRADE CREDITS 07 N352.012m, 06 N381.625m
SHORT TERM BORROWINGS 07 N349.881m, 06 N627.552m
OTHER CREDIT BALANCES 07 N364.812m, 06 N364.528m
WORKING CAPITAL 07 (N31.900m) 06 (N324.554m)
NET ASSETS 07 (N235.028m) 06 N559.720m

[hispy99]

Plans to resuscitate Jos breweries underway | Vanguard

[pumping]

Originally Posted by hispy99

Plans to resuscitate Jos breweries underway | Vanguard

End of year don land na...which better plans than that? Beer galore to celebrate...

[nosa2]

Originally Posted by hispy99

Plans to resuscitate Jos breweries underway | Vanguard

there's been some recent activity on this stock, could this be the reason? Any rumors from the floor, cause it seems insiders are positioning.

[faithgonuel]

Heineken, Guiness,Intenanation Breweries or Nigeria breweries should aquire this mamoth company that has been in coma for a long time.
I fill very ashamed of Plateau State government whenever I see this company in the industrial zone of Jos town laying asleep with virtually little or no activites going on.

[pegheneji]

Originally Posted by faithgonuel

Heineken, Guiness,Intenanation Breweries or Nigeria breweries should aquire this mamoth company that has been in coma for a long time.
I fill very ashamed of Plateau State government whenever I see this company in the industrial zone of Jos town laying asleep with virtually little or no activites going on.

this your post na solidarity post by son of the soil

[faithgonuel]

Originally Posted by pegheneji

this your post na solidarity post by son of the soil

My Oga, Me no be son of the soil oooo. Na just ordinary value investor i be looking for good investment.

[aysok1]

Originally Posted by baotoghile

INTERNATIONAL BREWERIES PLC
19 May 2011 Unaudited Q1 (March) 2011
Profit and Loss Information
Turnover 11 N2.378b 10 N777.524m
Profit Before Tax 11 N7.432m 10 N390.277m
Taxation 11 Nil 10 Nil
Profit After Tax 11 N7.432m 10 N390.277m

Balance Sheet Information
Fixed Assets 31-03-11 N6.723b 31-12-10 N6.754b
Stock 11 N1.880b 10 N1.888b
Trade Debtors 11 N635.043m 10 N328.379m
Cash and Bank Balances 11 N377.052m 10 N209.282m
Other Debit Balances 11 N1.009b 10 N731.079m
Trade Creditors 11 N1.001b 10 N629.191m
Short Term Borrowings 11 Nil 10 N225.600m
Other Credit Balances 11 N9.700b 10 N9.141b
Working Capital 11 N1.483b 10 N684.592m
Net Assets 11 (N76.789m) 10 (N84.221m)

Bros, na wrong zone u post this result.