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| Food/Beverages & Tobacco stocks 7UP, Cadbury, Flour Mills, Nestle, Nigeria Bottling Company (NBC), Union Dicon Salt etc |
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Investors Another cocoa processing company is on board to rival my FTNCOCOA
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__________________
"Diversification is a protection against ignorance. It makes litte sense to those who know what they are doing" Warren Buffet |
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Although im not a pro in analysing market values...but i think the 3 naira opening price is high and will plung to a reasonable 1naira or around that soon.
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MULTI-TREX INTERGRATED FOODS PLC
25 August 2011 Unaudited Q1 (July) 2011 Profit and Loss Information Turnover 11 N1.169b 10 N850.532m Cost Of Sales 11 (N984.563m) 10 (N597.248m) Profit Before Tax 11 (N348.458m) 10 (N137.238m) Taxation 11 Nil 10 Nil Profit After Tax 11 (N348.458m) 10 (N137.238m) Balance Sheet Information Fixed Assets 31-07-11 N12.375b 30-04-11 N12.499b Investment 11 N88.776m 11 N73.150m Stock 11 N929.316m 11 N648.917m Trade Debtors 11 N844.933m 11 N1.846b Cash and Bank Balances 11 N983.790m 11 N1.103b Other Debit Balances 11 N2.775b 11 N2.167b Trade Creditors 11 N86.531m 11 N219.426m Short Term Borrowings 11 N2.890b 11 N1.710b Other Credit Balances 11 N9.121b 11 N10.156b Working Capital 11 N1.480b 11 N3.364b Net Assets 11 N5.898b 11 N6.248b |
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__________________
"Diversification is a protection against ignorance. It makes litte sense to those who know what they are doing" Warren Buffet |
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MULTI-TREX INTEGRATED FOODS PLC
March 27, 2012 Unaudited 9 Months Results (Jan. 31, 2012) Profit and Loss Information Turnover 31-01-12 N2.618b 31-01-11 N3.743b Cost of Sales 12 (N2.155b) 11 (N2.559b) Other Income 12 N19.149m 11 N6.805m Operating Admin Expenses 12 (N451.777m) 11 (N374.520m) Finance Costs 12 (N1.288b) 11 (N962.959m) Profit before Tax 12 (N1.258b) 11 (N146.815m) Taxation 12 Nil 11 (N4.697m) Profit after Tax 11 (N1.258b) 10 (N151.512m) Balance Sheet Information Fixed Assets 31-01-12 N12.449b 30-04-11 N12.499b Investments 12 N122.919m 11 N73.150m Stocks 12 N1.306b 11 N648.917m Receivables 12 N2.983b 11 N2.008b Cash and Bank Balances 12 N318.403m 11 N1.103b Other Debit Balances 12 N1.550b 11 N2.004b Trade Creditors 12 N40.393m 11 N219.426m Short term Borrowings 12 N3.925b 11 N1.710b Other Credit Balances 12 N9.794b 11 N10.159b Working Capital 12 N588.316m 11 N3.364b Net Assets 12 N4.971b 11 N6.248b Turnover N2.62B. Loss N1.26B and increasing debt profile. Hope dey shaa!!!! |
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__________________
“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”-William Arthur Ward |
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