International Breweries Plc

[knightofdelta]

Originally Posted by manemi

Thanks KOD. Actually my broker told me of an announcement Friday that an Insurance company and a bank are injecting capital into Intbrew. I wanted to find out if some one else in the house had heard about it. I did not want to start a rumor.

Well then, it is good to know that some investors are seeing what I am seeing.. But them for allow the price come down small make I accumulate small na!

[migiets]

Originally Posted by manemi

Thanks KOD. Actually my broker told me of an announcement Friday that an Insurance company and a bank are injecting capital into Intbrew. I wanted to find out if some one else in the house had heard about it. I did not want to start a rumor.

Bros, sorry iam confused by what you have said. Are they taking up an equity stake in the company by direct injection of capital or are they planning to take up an equity stake by buying a substantial volume from the floor?.

[tobenna]

.....and the very next day - 26th, this stock begins a free fall...
and suddenly, this forum is quiet?
BULL = Activity?
BEAR = Lull?

[aysok1]

Originally Posted by tobenna

.....and the very next day - 26th, this stock begins a free fall...
and suddenly, this forum is quiet?
BULL = Activity?
BEAR = Lull?

There was a discussion on INT BREW and AFROMEDIA. on friday.But the gist is this:some of us, including myself are on the mountain praying ,hoping,permutating analysying and calculating seriously that the price come down so we can mop up big time.until this happens, may BEAR sit on the case of inter-brewery o.

[nosa2]

Originally Posted by tobenna

.....and the very next day - 26th, this stock begins a free fall...
and suddenly, this forum is quiet?
BULL = Activity?
BEAR = Lull?

Quiet ke, make intbrew reach 5.50 first den you go know quiet as for afromedia the volume is going to get interesting next week, most likely tuesday latest wednesday unless price keeps rising o!

[afolabi27]

Originally Posted by Ayoola Efunkoya

Excuse me please, Multiverse is not a bad stock. I mean it. You are not an investor if you don't take risks.
Multiverse has a good business but facing some challenges which i think is normal. Things dont get rossy at all times.

Pardon me, I never said Multiverse is a bad stock, however its lack of Liquidity, its industry sector, its market share vis a vis its competitive position within that sector worries me.

I understand taking calculated risks, seeking above average risk adjusted return but not "hoping" that some corporate "challenges" will go away.

that said however, please I will appreciate if you can share the financials for this company or give details of challenges they face.

[Ayoola Efunkoya]

Originally Posted by afolabi27

Pardon me, I never said Multiverse is a bad stock, however its lack of Liquidity, its industry sector, its market share vis a vis its competitive position within that sector worries me.

I understand taking calculated risks, seeking above average risk adjusted return but not "hoping" that some corporate "challenges" will go away.

that said however, please I will appreciate if you can share the financials for this company or give details of challenges they face.

My big brother Afolabi, thanks for the reply, we are one. Proshare has the copy of this company's financial report, you can get it from the site, just type Multiverse Resources.

[alagba-ijo]

Originally Posted by knightofdelta

With account receivables accounting for less than 20% of turnover, I am not worried. I am just keeping an eye on it. Giving out generous trade terms is part of the advertising cost the company has to bear. It is also worthy of note that the negative net assets also indicate willingness of trading partners to give out trade credits.

It is diversity in thoughts that create liquidity in markets. When everybody buys or everybody sells there will be issues. If you are bearish please sell, I will buy off you at the right price.

I visited ILESHA 2day I am impressed with happenings @IBL new bottles and new crates are flowing in like dont b stupid, now new products are being reeled off the bottling lines and yu need to buy into peoples good will with promo free drinks, jamz, publicity/advert, CSR every thing is tactically arranged for the medium term the big 2 brewers have choke the market and they r doing an impressive job @ creating a turf and carving out more than a habitat.
Spoke with top level mgt exec oyibo wey talk say they are sad they did not come earlier now is this the stock or WHAT

[alagba-ijo]

Originally Posted by alagba-ijo

I visited ILESHA 2day I am impressed with happenings @IBL new bottles and new crates are flowing in like dont b stupid, now new products are being reeled off the bottling lines and yu need to buy into peoples good will with promo free drinks, jamz, publicity/advert, CSR every thing is tactically arranged for the medium term the big 2 brewers have choke the market and they r doing an impressive job @ creating a turf and carving out more than a habitat.
Spoke with top level mgt exec oyibo wey talk say they are sad they did not come earlier now is this the stock or WHAT

I 4got to add I chkd their dump sites for dried grains these guy are churning it out faster than they can burn now they r looking 4LAND FILLS

[Salida]

SABMiller expands in Nigeria to take on Heineken

[faithgonuel]

Na wa oooo. See as International brewries product just dey flood North Central States. NB fit counter this guys aggressive marketing strategies so? I hope this move will boost their top and bottom lines in Q2.

[baotoghile]

INTERNATIONAL BREWERIES PLC
18 April 2011
Audited Accounts (December) 2010

Profit and Loss Information
Turnover 10 N4.794b 09 N1.616b
Profit Before Tax 10 N199.133m 09 (N285.546m)
Taxation 10 Nil 09 Nil
Profit After Tax 10 N199.133m 09 (N285.546m)

Balance Sheet Information
Fixed Assets 10 N6.754b 09 N3.084b
Investments 10 N1m 09 N1m Stock 10 N1.888b 09 N1.821b
Trade Debtors 10 N328.380m 09 N5.416m
Cash and Bank Balances 10 N209.283m 09 N48.698m
Other Debit Balances 10 N730.080m 09 N129.541m
Trade Creditors 10 N629.191m 09 N271.058m
Short Term Borrowings 10 N225.601m 09 N68.690m
Other Credit Balances 10 N9.141b 09 N5.034b
Working Capital 10 N684.593m 09 N854.461m
Net Assets 10 (N84.221m) 09 (N283.355m)

Corporate Actions
Proposed Dividend Nil
Proposed Bonus Nil
Payment Date Nil
Closure Date 16th
- 20th May 2011
AGM Date 26th
May 2011
AGM Venue Olona Hall, MicCom Golf Hotel & Resort Ibokun Road Ada Osun State @ 11.00am

[horlads]

Originally Posted by baotoghile

INTERNATIONAL BREWERIES PLC
18 April 2011
Audited Accounts (December) 2010

Profit and Loss Information
Turnover 10 N4.794b 09 N1.616b
Profit Before Tax 10 N199.133m 09 (N285.546m)
Taxation 10 Nil 09 Nil
Profit After Tax 10 N199.133m 09 (N285.546m)

KOD, where you dey oooo...He be like say me i just wan unleash my cutlass on this stock tomorrow....

[nosa2]

Originally Posted by horlads

KOD, where you dey oooo...He be like say me i just wan unleash my cutlass on this stock tomorrow....

I really hope that short sighted investors sell cause I'm watching this one like a hawk

[knightofdelta]

Originally Posted by horlads

KOD, where you dey oooo...He be like say me i just wan unleash my cutlass on this stock tomorrow....

Sell quick quick ma bros... I go buy from you at the right price.

[horlads]

Originally Posted by knightofdelta

Sell quick quick ma bros... I go buy from you at the right price.

Chei...unfortunately, i never buy at all...you fit borrow me your own make i short sell na....

[Vincenta11]

I dont understand it when a company does not declare corporate actions-dividend and bonus-and yet have a closure date. closure date for what

[Vincenta11]

just szaw in yesterday's Gurdian that IB PLC are offering a Rights Issue of 7 for 10 at N5.08

[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)

[Salida]

International Breweries Plc declares N7.4 million PAT in Q1 2011


https://proshareng.com/news/13865



Whick kin result be this? People no dey drink dem milk stout again?