John Holt

[hispy99]

JOHNHOLT: YEAR END SEPT 2007

JOHN HOLT PLC AUDITED RESULT FOR THE YEAR ENDED 30TH SEPTEMBER 2007

TURNOVER 07 N16.551b, 06 N11.927b

PROFIT AFTER TAXATION 07 N95m, 06 (N376m)

TAXATION 07 (N57m) 06 (N100m)

PROFIT AFTER TAXATION 07 N38m, 06 (N476m)

CLOSURE OF REGISTER 18TH JULY 2008

[BLUEMONEY]

going by thier first quater result, this stock looks underpriced. hope they can maintain the tempo.

[zainabusman]

Originally Posted by BLUEMONEY

going by thier first quater result, this stock looks underpriced. hope they can maintain the tempo.

John Holt, Scoa, cfao (b4 they opted to be delisted) etc are in a tough business. Basically they are into buying and selling. Meanwhile they have huge overheads so they cant compete with companies with a lean structure.

I will be very careful therefore to conclude John Holt is underpriced. They need o sustain this tempo first.

[BLUEMONEY]

Originally Posted by zainabusman

I will be very careful therefore to conclude John Holt is underpriced. They need o sustain this tempo first.

my thoughts exactly.

[solainvest]

JOHNHOLT PLC: WE HAVE TODAY SUSPENDED THIS STOCK FOR AN INDEFINITE PERIOD AS IT WOULD APPEAR, THROUGH SEVERAL COMPLAINS, THAT THE COY CANNOT MEET ITS OBLIGATIONS TO CUSTOMERS WHO HAD DEPOSITED MONEY FOR GENERATORS.


My opinion is that they have a bad business model and when this suspension is lifted, there will be a huge correction in price.

[chokit]

Definately the company is sick a bit and i guess thier present problem will have a lasing effect on the price.Anyway what ever happen it all about bad management,they should sit up and make the coy better.

We are all seeing what is happening to big coy in America ie fannie mae freddie mac and bear stearn.

[billions]

John Holt to assemble home use transformers
03 August, 2008 02:00:00 AUSTIN IMHONLELE
Font size:
John Holt Nigeria plc in collaboration with EXIMET of Czech Republic, one of the major manufacturers of transformers in Europe, have set out plans to assemble small size home use transformers to ease the problem of power shortages in homes.

John Holt currently has transformers ranging from 100 KVA to 500 KVA and theseare made by EXIMET of Czech Republic.

"Since the introduction of the large size transformers, the market has been doing very well and our market include, Power Holding Company of Nigeria (PHCN), to whom we have sold quite a number of transformer in the past and what that tends to suggest is, if the PHCN can find it suitable for use and have been using them for their own installations, then obviously, that will pre suppose that the transformers are extremely of good quality," stated, Austin Onono, general manager, John Holt Engineering a division of John Holt plc.

For home use transformers, "if you look at power distribution for some time now, it has been based on high tension transmission, we cannot use power in the form that it is transferred into high tension wire in the local setting and in the homes and offices so continually there is need for transformers to step them down to acceptable voltage levels."

According to Onono, "most electronic appliances even have transformers, and so the kind of transformers and the size of transformers that may be used in homes vary. We are looking at much smaller transformers for individual homes use.

"What is likely going to happen is that the size of the transformers may change to suite individual use to make power more readily available, so we are looking at some of the options as it has been an issue at the National Energy Commission and the Power Holding Company."

The company is so far taking its time to decide what can be made to suit Nigeria and what cannot be made here, as it is in the process of transfer of technology which will needs to be concluded very soon.

Onono added that all the indices in the local economy would have been looked at, the possibility of how change in government policies affect importation of raw materials would have been looked at because whenever we go into a venture it is for long time to ensure that we consistently provide such product, we do not want to go into it and pull out.

"The transformers are also used by most banks and corporate organisation and we are so far pleased with the responses we have received from users. This underscores the quality assurance that comes from John Holt brand and what we will continue to do is to find ways to step up what we give to our customers."

For Jaroslav Ciganek, managing director, EXIMET, "We don’t just produce standard transformers but produce to customer’s specifications. Each country have speciality for transformer voltage system and how some parts of the transformer can be protected because all countries have special conditions for use of transformer. We do come to John Holt from time to time to see how the transfer can be made better to suit the Nigerian environment and what is necessary to be on the transformer.

[hispy99]

Latest Market Info
JOHNHOLT: 3RD QTR JUNE 2008

JOHN HOLT PLC, UNAUDITED RESULT FOR 3RD QUARTER ENDED 30-06-2008

TURNOVER 08 N16.808m, 07 N12.533m

EXCEPTIONAL ITEMS 08 N494m, 07 NIL

PBTXATION 08 N302m, 07 N55m

TAXATION 08 (N91m) 07(N43m)

PATTAXATION 08 N705m, 07 N12m

[billions]

JOHNHOLT PLC
PROFIT & LOSS FORECAST ACCOUNTS FOR Q1'08 DECEMBER 31
PERIOD 2008F
TURNOVER (N'b) 6.952
COST OF SALES (N'b) -5.781
PBT (N'm) 248.000
TAX (N'm) -45.000
PAT (N'm) 203.000
Net Profit Margin 2.92%