NBC plc - half year result (Very impressive or what??)

[Apache]

Originally Posted by hispy99

Net Profit Margin was around 10% in 2003/2004, but dropped to about 5% in 2007..if only Roland "the Magaician" Ebelt can make the margin go back to 10%!

Apache, you think Roland can do some abacadabra?

Let's keep our fingers crossed. I will try and have a chat with him after the AGM on May 30th to see what his strategies for the year is gonna look like. Funny enough, myself and some colleagues from kenya were just discussing about him 2 nights ago and everyone was full of admiration. I agree that he has a lot of work to do at NBC (even Roland himself acknowledges that) but that was the challenge that attracted him there in the first place bcos the guy has been over-performing with relatively small companies (at least that's what P&G, and... are in Nigeria compared to NBC) and the challenge was to try the same stint in a bigger/ complex company.
Personally, there are very few pple that i can stick out my neck for but Roland is one of them. He is the kind of person that can make you go all out to achieve something and in the end, you still feel good and want more. i have worked with him for over 2 years and i don't have a doubt.
Let's keep our fingers crossed but while we are at it, I am increasing my stake gradually

[hispy99]

Originally Posted by Apache

Let's keep our fingers crossed. I will try and have a chat with him after the AGM on May 30th to see what his strategies for the year is gonna look like. Funny enough, myself and some colleagues from kenya were just discussing about him 2 nights ago and everyone was full of admiration. I agree that he has a lot of work to do at NBC (even Roland himself acknowledges that) but that was the challenge that attracted him there in the first place bcos the guy has been over-performing with relatively small companies (at least that's what P&G, and... are in Nigeria compared to NBC) and the challenge was to try the same stint in a bigger/ complex company.
Personally, there are very few pple that i can stick out my neck for but Roland is one of them. He is the kind of person that can make you go all out to achieve something and in the end, you still feel good and want more. i have worked with him for over 2 years and i don't have a doubt.
Let's keep our fingers crossed but while we are at it, I am increasing my stake gradually

why you come leave out the other company now? sebi the company get 2 names joined 2gether by "&", abi I lie?

[Yusuf]

Originally Posted by Apache

Let's keep our fingers crossed. I will try and have a chat with him after the AGM on May 30th to see what his strategies for the year is gonna look like. Funny enough, myself and some colleagues from kenya were just discussing about him 2 nights ago and everyone was full of admiration. I agree that he has a lot of work to do at NBC (even Roland himself acknowledges that) but that was the challenge that attracted him there in the first place bcos the guy has been over-performing with relatively small companies (at least that's what P&G, and... are in Nigeria compared to NBC) and the challenge was to try the same stint in a bigger/ complex company.
Personally, there are very few pple that i can stick out my neck for but Roland is one of them. He is the kind of person that can make you go all out to achieve something and in the end, you still feel good and want more. i have worked with him for over 2 years and i don't have a doubt.
Let's keep our fingers crossed but while we are at it, I am increasing my stake gradually

Apache,

I will say you are right about Roland. Though he has been a tall target set on increase sales figure I will not like to disclose on this forum which will be an all year high for the company, also, there are some cost saving initiatives that he has started implementing, though most of them may initially have adverse effect on sales/revenue but in the long run, if well managed will have positive effect on NBC profit margin.

I have advise which I intend giving him on few of the steps he's taking. I hope I ll be able to do that very soon.

But to be honest with you, he is taking the right step so far. He came down to the people that others have neglected to seek for support and suggestion, which I think its good for him.

Sorry, Apache, where have you worked with Roland before now?

[Apache]

Originally Posted by hispy99

why you come leave out the other company now? sebi the company get 2 names joined 2gether by "&", abi I lie?

Omo! you miss am. No "&" dey the thing (at least, not anymore). If i talk am, na to talk where i dey work na. This na faceless forum, make them no go unmask Lagbaja
@Yusuf,
I still work in the place so i will like to leave it confidential for now. But one day, most of us should try and meet somewhere and get to know ourselves beyond this forum (abi how una see am )

[hispy99]

Originally Posted by Apache

Omo! you miss am. No "&" dey the thing (at least, not anymore). If i talk am, na to talk where i dey work na. This na faceless forum, make them no go unmask Lagbaja
@Yusuf,
I still work in the place so i will like to leave it confidential for now. But one day, most of us should try and meet somewhere and get to know ourselves beyond this forum (abi how una see am )

I understand, but me i be Agent 007 o.....na true u talk, my internet just confirm say "&" no dey anymore...make we leave tori for anoda day sha. Abi u wan make I unmask u? People go just line up for your office for Monday morning to collect their share of your Costain and Oceanic loot

[Apache]

Originally Posted by hispy99

I understand, but me i be Agent 007 o.....na true u talk, my internet just confirm say "&" no dey anymore...make we leave tori for anoda day sha. Abi u wan make I unmask u? People go just line up for your office for Monday morning to collect their share of your Costain and Oceanic loot

Oceanic loot ke! You never hear say Oceanic jet get issue for Heathrow terminal 5 na im them ground the plane. Omo, oceanic loot na for my mind the thing dey, I never see am for excel spreadsheet not to talk of cash.
Meanwhile, when next you dey come Naija?

Oya! back to NBC.

[Yusuf]

Originally Posted by Apache

Omo! you miss am. No "&" dey the thing (at least, not anymore). If i talk am, na to talk where i dey work na. This na faceless forum, make them no go unmask Lagbaja
@Yusuf,
I still work in the place so i will like to leave it confidential for now. But one day, most of us should try and meet somewhere and get to know ourselves beyond this forum (abi how una see am )

Apache,

Don't worry, I know where you'd worked with Roland now. I even got the confirmation from one of your post when the man just took over the mantle of leadership from Macel last year.

By the way, I think we need to organise first SMN forum member seminar. We need to know most of these Lagbajas behind this forum. I agree with you, we need to meet one day.

[hispy99]

The Punch: Three die as fire guts NBC plant

[hispy99]

NBC Q1 March 2008
2008 2007 Change
Revenue 19.4 17.6 10.23%
PBT 1.4 1.3 7.69%
PAT 1.164 1.042 11.71%

[billions]

Originally Posted by hispy99

NBC Q1 March 2008
2008 2007 Change
Revenue 19.4 17.6 10.23%
PBT 1.4 1.3 7.69%
PAT 1.164 1.042 11.71%

Not impressive enough...i expect d price 2 drop.

[zainabusman]

Originally Posted by billions

Not impressive enough...i expect d price 2 drop.

Not surprised with people selling fake EVA water! U wont believe it but i sent my house help to get me the usual 12 pack large EVA water. He came back with carton. I was surprised because EVA does not come in cartons. Lo and behold when i took out a bottle and inspected it carefully,i realised it was recycled. Imagine.

I asked him to return it to the shop he bought it. Imagine. We are so desperate we cheat each other. The only reason why there is no fake coke is because well u cant make fake coke.

I expect the 4th quarter result will be much better.

[billions]

[quote=zainabusman;20227]Not surprised with people selling fake EVA water! U wont believe it but i sent my house help to get me the usual 12 pack large EVA water. He came back with carton. I was surprised because EVA does not come in cartons. Lo and behold when i took out a bottle and inspected it carefully,i realised it was recycled. Imagine.

I asked him to return it to the shop he bought it. Imagine. We are so desperate we cheat each other. The only reason why there is no fake coke is because well u cant make fake coke.I expect the 4th quarter result will be much better.[/QUOTE


Well, i left the NBC bus at the N60 bus stop abt 2 months ago.

The "secret ingredient" in Coca-Cola has remained a secret since its formulation in 1886.

warren buffet will hv to sell all his shares in coca cola once the secret INGREDIENT of the drink is known.

[hispy99]

NBC...IBTC's opinion

[billions]

Originally Posted by hispy99

NBC...IBTC's opinion

Fair evaluation but an expected growth less dan 10% (against December,2008) is not good enough.