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Old 8th January 2008, 08:14 PM
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Default Premier paints
Nigeria: Shoreline Energy International Acquires 40 Percent Stake in Premier Paints.
Source: allAfrica.com: Nigeria: Shoreline Energy International Acquires 40 Percent Stake in Premier Paints (Page 1 of 1)
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Old 9th January 2008, 08:48 AM
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They r the main owners of costain. Apache already made a post in this regard under a thread named costain
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Old 19th May 2008, 06:15 AM
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Premier Paints unfolds market expansion agenda

Guardian Newspapers
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Old 19th May 2008, 11:11 AM
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i cannot believe dat the price of premier paint moved from N1.21 to over 16 naira and i did not join the trip at anytime.it was 1.21 naira in jan dis yr and its now over 16 naira.

pls which stock will move like dat again?
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Old 19th May 2008, 12:11 PM
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Quote:
Originally Posted by billions View Post
i cannot believe dat the price of premier paint moved from N1.21 to over 16 naira and i did not join the trip at anytime.it was 1.21 naira in jan dis yr and its now over 16 naira.

pls which stock will move like dat again?
There was no way you could have seen this stock to buy till like 8 or 10 naira.
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Old 19th May 2008, 07:53 PM
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Originally Posted by edwardaigbokhan View Post
There was no way you could have seen this stock to buy till like 8 or 10 naira.
you are very correct. when the news that shoreline is buying a major stake in this company hit the market, the number of units available for sale was very few as usual.
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Old 19th May 2008, 07:59 PM
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There was no way you could have seen this stock to buy till like 8 or 10 naira.
okay...i dont normally follow penny stocks b4 but i will try to change my style now.thx.
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Old 19th May 2008, 08:31 PM
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okay...i dont normally follow penny stocks b4 but i will try to change my style now.thx.
This kind of astronomical price increases will be difficult to achieve with the new rule requiring at least 100,000 units to be traded b4 the price can move.

For example only 15,700 units were traded on May 16th and no volume today! So the price remains the same.
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Old 20th June 2008, 08:45 AM
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Hi, This post of mine is very knowledgable and may enhance the information of the viewers , however I would like some specific information for myself. If someone can help me then please send me a private message. Best Regards,
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Old 20th June 2008, 07:59 PM
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Question Hello
Quote:
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Hi, This post of mine is very knowledgable and may enhance the information of the viewers , however I would like some specific information for myself. If someone can help me then please send me a private message. Best Regards,
What is your question here?
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Old 20th June 2008, 11:01 PM
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What is your question here?

Congratulations on your 100th post!
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Old 21st June 2008, 01:34 AM
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Congratulations on your 100th post!
I throway salute o!!! Senior member status confirmed
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Old 23rd July 2008, 10:53 AM
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What is your question here?
That's a Troll which should have been flagged! I would do just thatn now.
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Old 24th July 2008, 11:28 AM
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Beware of Shoreline,they drove the price of Constain from less than N4.00 to over N80.Now the same stock is selling for around N22.
They made a lot of billions,that their accout balance was noticed by the MD of the bank on the Zenith height.This MD had to hoste his big customers that is the Karim brothers to a private dinner.
This brothers that sold out at N80 are now buying back at about a quater of their sale price.Guys beware of Premier paint at the current price,there are better stocks to buy at this time.
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Old 30th October 2008, 12:02 PM
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Default Re: Premier paints
PREMIER PAINTS PLC
PERIOD 2-01-2007 TO 31-12-2007
2007 2006 %CHANGE
TURNOVER N186.017m N203.082m (8.4)
PROFIT BEFORE TAXATION N12.072m N12.869m (6)
TAXATION (N891.337) (N1.014m) (187)
PROFIT AFTER TAXATION N6.114m (N16.593m) (63)
RETAINED EARNINGS (N33.644m) (N39.759m) (184)
BALANCE SHEET INFORMATION
FIXED ASSETS N112.201m N110.082m
STOCK N28.036m N32.480m (13.68)
TRADE DEBTORS N22.290m N15.367m 45
CASH AND BANK BALANCES N1.121m N873.895 28
OTHER DEBIT BALANCE - -
TRADE CREDITS N59.461m N65.104m 8
SHORT TERM BORROWINGS N18.353m N10.251m 79.04
OTHER CREDIT BALANCES N580.676 N5.580m (89.59)
WORKING CAPITAL (N26.366m) N26.633m 198.99
NET ASSETS N85.254m N77.868m 94.86
AGM DECEMBER 11TH 2008 CLOSURE OF REGISTER 13TH
NOVEMBER TO 19TH NOVEMBER 2008
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