Julius Berger

[123.rado]

JULIUS BERGER NIGERIA PLC
30 March 2011

Corporate Actions
Proposed Dividend: N2.00
Proposed Bonus: Nil
Payment Date: 7th July 2011
Closure Date: 24Th June - 7th July 2011
AGM Date: 7th July 2011
AGM Venue: Shehu Musa Yar’Dua Center No.1 Memorial Drive Abuja

[Salida]

Julius Berger workers? protest paralyses construction at CBN

[aysok1]

Result Announcement
JULIUS BERGER NIGERIA PLC
04 May 2011
Unaudited Q1 (March) 2011
Profit and Loss Information
Turnover 11 N31.967b 10 N31.414b
Profit Before Tax 11 N1.663b 10 N1.420b
Taxation 11 (N74.843m) 10 (N640m)
Profit After Tax 11 N914.765m 10 N780.959m
Balance Sheet Information
Fixed Assets 31-03-11 N57.111b 31-12-10 N60.220b
Stock 11 N16.350b 10 N15.015b
Trade Debtors 11 N32.064b 10 N30.469b
Cash and Bank Balances 11 N13.086b 10 N5.590b
Other Debit Balances 11 N38.844b 10 N38.588b
Trade Creditors 11 N10.122b 10 N6.784b
Short Term Borrowings 11 N14.715b 10 N16.729b
Other Credit Balances 11 N113.611b 10 N108.417b
Working Capital 11 (N38.300b) 10 (N42.464b)
Net Assets 11 N8.531b 10 N7.617b

[Oracle]

JULIUS BERGER NIGERIA PLC 17 June 2011
Corporate Actions
Proposed Dividend N2.00
Proposed Bonus Nil
Payment Date 7th July 2011
Closure Date 20th to 23rd June 2011
AGM Date 8th July 2011
AGM Venue Shehu Musa YarAdua Center Abuja at 11am
Notes
The Company rescheduled its AGM date from
July 7th 2011 to July 8th 2011.

[Salida]

Julius Berger Nigeria Plc: Ad-Hoc Announcement


October 11, 2011

The company has informed The Exchange and the entire capital market of the following developments that are occurring and would unfold in the months to come:

1. Bilfinger Berger SE has decided to reduce its shareholding in Julius Berger Nigeria Plc but would continue to be a relevant shareholder in the Company.

2. In order to strengthen its corporate independence, Julius Berger Nigeria Plc will enhance, on shore and off shore, its Technical and Logistic capacities by:

· The establishment of the newly incorporated subsidiary, Prime Tech. Design and Engineering Nigeria Limited for the provisions of design and engineering support services to the Company;

· The acquisition of a controlling majority share of the Technical and Logistic business and operations of Bilfinger Berger Nigeria GmbH, Wiesbaden, Germany. This assures the Julius Berger Nigeria Plc is in control of all required services such as, planning, procurement, recruitment and capacity building. Julius Berger has signed a Letter of Intent with Bilfinger Berger SE which would form the basis of the mutual negotiations for this transaction, the execution of which is planned for the beginning of the year 2012.


The Board of Julius Berger Nigeria Plc strongly believes that these strategic business directions would achieve a sustainable increase in Julius Berger’s efficiency and responsiveness, as well as set the basis for future long lasting success.

[knightofdelta]

Originally Posted by Salida

Julius Berger Nigeria Plc: Ad-Hoc Announcement


October 11, 2011

The company has informed The Exchange and the entire capital market of the following developments that are occurring and would unfold in the months to come:

1. Bilfinger Berger SE has decided to reduce its shareholding in Julius Berger Nigeria Plc but would continue to be a relevant shareholder in the Company.

2. In order to strengthen its corporate independence, Julius Berger Nigeria Plc will enhance, on shore and off shore, its Technical and Logistic capacities by:

· The establishment of the newly incorporated subsidiary, Prime Tech. Design and Engineering Nigeria Limited for the provisions of design and engineering support services to the Company;

· The acquisition of a controlling majority share of the Technical and Logistic business and operations of Bilfinger Berger Nigeria GmbH, Wiesbaden, Germany. This assures the Julius Berger Nigeria Plc is in control of all required services such as, planning, procurement, recruitment and capacity building. Julius Berger has signed a Letter of Intent with Bilfinger Berger SE which would form the basis of the mutual negotiations for this transaction, the execution of which is planned for the beginning of the year 2012.


The Board of Julius Berger Nigeria Plc strongly believes that these strategic business directions would achieve a sustainable increase in Julius Berger’s efficiency and responsiveness, as well as set the basis for future long lasting success.

I smell a rat!

[Oracle]

Originally Posted by knightofdelta

I smell a rat!

rat dey smell??? Na dead rat me dey small oo.

[cashrules]

Originally Posted by Salida

Julius Berger Nigeria Plc: Ad-Hoc Announcement


October 11, 2011

The company has informed The Exchange and the entire capital market of the following developments that are occurring and would unfold in the months to come:

1. Bilfinger Berger SE has decided to reduce its shareholding in Julius Berger Nigeria Plc but would continue to be a relevant shareholder in the Company.

2. In order to strengthen its corporate independence, Julius Berger Nigeria Plc will enhance, on shore and off shore, its Technical and Logistic capacities by:

· The establishment of the newly incorporated subsidiary, Prime Tech. Design and Engineering Nigeria Limited for the provisions of design and engineering support services to the Company;

· The acquisition of a controlling majority share of the Technical and Logistic business and operations of Bilfinger Berger Nigeria GmbH, Wiesbaden, Germany. This assures the Julius Berger Nigeria Plc is in control of all required services such as, planning, procurement, recruitment and capacity building. Julius Berger has signed a Letter of Intent with Bilfinger Berger SE which would form the basis of the mutual negotiations for this transaction, the execution of which is planned for the beginning of the year 2012.


The Board of Julius Berger Nigeria Plc strongly believes that these strategic business directions would achieve a sustainable increase in Julius Berger’s efficiency and responsiveness, as well as set the basis for future long lasting success.

You and I know that the best kept secret in naija is the fact that IBB is a major shareholder in this coy…..

At the moment, in view of the massive Fraud and Money laundering that This coy has been associated with and the ‘probably’ court cases that may arise sooner or later, The parent company is Germany is strategically divesting its holdings….

But because they do not want to loose out from a cash cow thru total divestment, they have allowed the Naija Julius Berger to also be a major shareholder in the German Technical and Logistic business and operations of Bilfinger Berger Nigeria GmbH, Wiesbaden, Germany..

Smart move by the germans’……cos it’s the listed arm of the total company and not the very lucrative subsidiary that would carry the can as tins unfold…

[Salida]

Originally Posted by knightofdelta

I smell a rat!

Originally Posted by Oracle

rat dey smell??? Na dead rat me dey small oo.

Originally Posted by cashrules

You and I know that the best kept secret in naija is the fact that IBB is a major shareholder in this coy…..

At the moment, in view of the massive Fraud and Money laundering that This coy has been associated with and the ‘probably’ court cases that may arise sooner or later, The parent company is Germany is strategically divesting its holdings….

But because they do not want to loose out from a cash cow thru total divestment, they have allowed the Naija Julius Berger to also be a major shareholder in the German Technical and Logistic business and operations of Bilfinger Berger Nigeria GmbH, Wiesbaden, Germany..

Smart move by the germans’……cos it’s the listed arm of the total company and not the very lucrative subsidiary that would carry the can as tins unfold…

There is definitely something wrong . The stock has been "deflating" after the press release.

[solo66]

JULIUS BERGER NIGERIA PLC
November 1, 2011
Unaudited Q3 (Sept.) 2011
Profit and Loss Information
Gross Earnings 30/09/2011 N130.17b 30/09/2010 N121.5b Cost of Sales 11 (N98.9b) 10 (N98.8b) Operating Expenses 11 (N24.78B) 10 (N19.7b) Other Income 11 N318.2M 10 N1.75B Interest Charges 11 nil 10 nil Profit Before Tax 11 N6.769b 10 N4.79b Taxation 11 (N4.03B) 10 (N2.6B) Profit After Tax 11 N2.7b 10 N2.12b.
Balance Sheet Information
Fixed Assets 30-09-11 N55.5b 31-12-10 N60.22b Long term Investments 11 N213.19m 10 N196.3m Short term Investments 11 N10.5b 10 N15.0b Trade Debtors 11 N51.07b 10 N30.47b Cash and Bank Balances 11 N19.07b 10 N5.60bb Other Debit Balances 11 N40.77b 10 N38.4b Trade Creditors 11 N11.45b 10 N6.78b Short Term Borrowings 11 N15.89b 10 N16.7b Other Credit Balances 11 N131.3b 10 N108.4b Working Capital 11 (N37.186b) 10 (N42.5b) Net Assets 11 N7.95b 10 N7.6b

[JAS10]

Senate bars FG from awarding contracts to Julius Berger, others

[JAS10]

Bilfinger Berger reduces stake in Nigerian subsidiary

[Salida]

Julius Berger Nigeria Plc Board Meeting; 2011 FYE Statement tops agenda

March 8, 2012

The Company has notified The Exchange that the Board of Directors of the Julius Berger Nigeria Plc. would meet on March 22, 2012 to approve the Audited Financial Statements for the year ended December 31, 2011 as well as to consider all other matters relating to the 42nd Annual General Meeting of the Company.

[BigSeun]

2011 2010
N'm N'm %
Turnover 169,413.00 173,690.00 2.46%
Cost of Sales 135,326.00 143,927.00 5.98%
Gross Profit 34,087.00 29,763.00 14.53%
Operating Expenses 23,301.00 22,951.00 1.52%
Other Income 1,558.00 2,087.00 25.35%
Interest Charges 1,947.00 885.19 119.95%
Profit before tax 10,395.00 8,014.00 29.71%
Taxation 5,521.00 5,210.00 5.97%
Profit after tax 4,874.00 2,804.00 73.82%
EPS 4.06 2.34 73.82%

Balance Sheet
Fixed Assets 56,595.00 60,512.00 6.47%
Stocks 18,648.00 15,394.00 21.14%
Trade Debtors & retention 40,134.00 31,012.00 29.41%
Cash & Bank Balances 1,872.00 5,606.00 66.61%
Other debit balances 42,158.00 37,961.00 11.06%
Trade Creditors 8,882.00 6,862.00 29.44%
Other creditors 34,235.00 19,163.00 78.65%
Working capital 46,358.00 53,252.00 12.95%
Net Assets 10,208.00 7,733.00 32.01%


Dividend 240kobo per share
Closure Date 4th – 8th June 2012
AGM 21st June 2012
Payment date 22nd June 2012

[Salida]

Julius Berger Nigeria Plc: Appointment of New Director


April 03, 2012

The Company has notified The Exchange of the appointment of Dr. Ernest Nnaemeka Azudialu-Obiejesi as a non-Executive Director of Julius Berger Nigeria Plc.

Dr. Ernest Azudialu is a graduate of Accountancy from University of Benin, a Doctor of Business Administration, University of Nigeria, Nsukka. He is a Fellow of Institute of Nigerian Institute of Sales Management. Until his appointment, he is the President/CEO Nestoil Plc, Lagos.

His appointment is with effect from March 22nd, 2012.

[cashrules]

JULIUS BERGER PLC
April 27th 2012
Unaudited Results (March, 2012)
Statement of Comprehensive Income
Turnover 31-03-12 N36.575b 31-03-11 N38.828b
Cost of Sales 12 (N32.814b) 11 (N33.700b)
Other Gains and Loss 12 N272.515m 11 N360.000m
Marketing & Admin Expenses 12 (N2.661b) 11 (N3.148b)
Net Finance Income 12 N537.350m 11 (N591.471m)
Profit before Tax 12 N1.909b 11 N1.747b
Taxation 12 (N914.394m) 11 (N815.388m)
Profit after Tax 12 N995.167m 11 N931.872m

Statement of Financial Position
Fixed Assets 31-03-12 N56.506b 31-12-11 N52.989b
Investment 12 Nil 11 Nil
Stocks 12 N17.003b 11 N15.000b
Contract & Trade Receivables 12 N37.121b 11 N35.527b
Cash and Bank Balances 12 N14.626b 11 N10.876b
Other Debit Balances 12 N60.291b 11 N48.578b
Trade & Other Payables 12 N47.888b 11 N28.926b
Short term Borrowings 12 N19.866b 10 N7.456b
Other Credit Balances 12 N106.707b 11 N117.802b
Working Capital 12 N25.417b 11 N49.348b
Net Assets 12 N11.087b 11 N8.786b

[Salida]

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