Big Treat

[hispy99]

Originally Posted by shoang

Margin loans are now being offered by Stock broking firms @26% ! We do forget easily. imagine buying stocks that have gained over 200% in the last few months with PEs above 15. Na wa o! I hope these are new entrants and not those who were burnt in 2008/2009.

back to business as usual

[hispy99]

Originally Posted by abuja

If this is the same company called ''Happy Bite'', then I advise you to sell. Their Port Harcourt outlet was on fire this week and i expect some loss provisions due to the fire incident.

I'll hope they have insurance

[pumping]

Originally Posted by abuja

If this is the same company called ''Happy Bite'', then I advise you to sell. Their Port Harcourt outlet was on fire this week and i expect some loss provisions due to the fire incident.

Well, well, well..hopefully they are insured...though one will still expect provisions at that...anyway, Big Treat already declared massive losses in their last result and it has gained like 100% since then....This bull market is not a respecter of bad news or terrible results....

Wapco gave 30k for a N35 stock...but it is on bid....

[wanaj0]

Originally Posted by pumping

Well, well, well..hopefully they are insured...though one will still expect provisions at that...anyway, Big Treat already declared massive losses in their last result and it has gained like 100% since then....This bull market is not a respecter of bad news or terrible results....

Wapco gave 30k for a N35 stock...but it is on bid....

WAPCO at least made profit and they had 'exceptional items' hence the shrinking of profit. Hope Big Treat will also have an explanation for the massive losses.

[pumping]

Originally Posted by wanaj0

WAPCO at least made profit and they had 'exceptional items' hence the shrinking of profit. Hope Big Treat will also have an explanation for the massive losses.

I suppose it was harsh for me to mention Big Treat and Wapco like I was comparing them. They are definitely miles apart.

[hispy99]

BIG TREAT PLC
INTERIM FINANCIAL REPORT ENDED 30TH SEPTEMBER 2009 (THIRD QUARTER)
2009 2008 % Change
N,b N,b N,b
TURNOVER N2.692b N2.391b 12.58
PROFIT/LOSS BEFORE TAX (N175.541m) N312.897m (156.10)
TAXATION (N0.00) (N37.548m) (100)
PROFIT/LOSS AFTER TAX (N175.541m) N275.349m (163.75)

[saheewale]

Sec saves Big Treat from trouble

http://pmnewsnigeria.com/2010/12/07/...m-big-trouble/

[knightofdelta]

Originally Posted by saheewale

Sec saves Big Treat from trouble

http://pmnewsnigeria.com/2010/12/07/...m-big-trouble/

I have never trusted these Chinese and Indians that are running our economy. The way they treat their workers is so nauseating and they had the guts to extend the same investors. Good riddance to bad rubbish.

The food industry is supposed to be a growing and profitable business with strong cash flows. The same treatment meted out to Big treat should be extended to Tantalizer and it will be in the best interest of IFC to take that company (Tantalizer) private...

[chrisekpo]

Originally Posted by saheewale

Sec saves Big Treat from trouble

http://pmnewsnigeria.com/2010/12/07/...m-big-trouble/

cant believe. those crazy CHINKOS want to drain us. Think now that things ave changed we are expecting turn around of things.

[faithgonuel]

Originally Posted by knightofdelta

I have never trusted these Chinese and Indians that are running our economy. The way they treat their workers is so nauseating and they had the guts to extend the same investors. Good riddance to bad rubbish.

The food industry is supposed to be a growing and profitable business with strong cash flows. The same treatment meted out to Big treat should be extended to Tantalizer and it will be in the best interest of IFC to take that company (Tantalizer) private...

Those Directors (Wu's family) deserve to be jailed. How can they play on the lntelligence of their clients, investors and Nigeria that much. I think its high time the government started doing an underground check of all foreign investors maning some vital sectors of our economy especially the Asians.

[chukster79]

Any more news on this stock?

[saheewale]

Originally Posted by chukster79

Any more news on this stock?

bizhallmark.com - How BigTreat bakes monumental fraud

[saheewale]

bizhallmark.com - BigTreat, big fraud!

[aysok1]

Result Announcement
BIG TREAT PLC
11 May 2011
Audited Year Ended (December) 2009
Profit and Loss Information
Turnover 09 N4.214b 08 N3.932b
Profit Before Tax 09 (N402.418m) 08 N494.568m
Taxation 09 (N38.088m) 08 (N88.229m)
Profit After Taxation 09 (N440.506m) 08 N406.339m
Balance Sheet Information
Fixed Assets 09 N5.498b 08 N5.253b
Stock 09 N1.045b 08 N1.558b
Trade Debtors 09 N76.893m 08 N69.178m
Cash And Bank Balances 09 N135.695m 08 N69.720m
Other Debit Balances 09 N136.957m 08 N138.438m
Trade Creditors 09 N212.956m 08 N270.713m
Short Term Borrowings 09 N685.214m 08 N733.414m
Other Credit Balances 09 N4.442b 08 N3.802b
Working Capital 09 N79.308m 08 N587.147m
Net Assets 09 N1.552b 08 N2.282b
Corporate Actions
Proposed Dividend Nil
Proposed Bonus Nil
Payment Date Nil
Closure Date Nil
AGM Date 14th July 2011 @11am
AGM Venue Nil

[hispy99]

Originally Posted by aysok1

Result Announcement
BIG TREAT PLC
11 May 2011
Audited Year Ended (December) 2009
Profit and Loss Information
Turnover 09 N4.214b 08 N3.932b
Profit Before Tax 09 (N402.418m) 08 N494.568m
Taxation 09 (N38.088m) 08 (N88.229m)
Profit After Taxation 09 (N440.506m) 08 N406.339m
Balance Sheet Information
Fixed Assets 09 N5.498b 08 N5.253b
Stock 09 N1.045b 08 N1.558b
Trade Debtors 09 N76.893m 08 N69.178m
Cash And Bank Balances 09 N135.695m 08 N69.720m
Other Debit Balances 09 N136.957m 08 N138.438m
Trade Creditors 09 N212.956m 08 N270.713m
Short Term Borrowings 09 N685.214m 08 N733.414m
Other Credit Balances 09 N4.442b 08 N3.802b
Working Capital 09 N79.308m 08 N587.147m
Net Assets 09 N1.552b 08 N2.282b
Corporate Actions
Proposed Dividend Nil
Proposed Bonus Nil
Payment Date Nil
Closure Date Nil
AGM Date 14th July 2011 @11am
AGM Venue Nil

abeg, which one be AGM venue: NIL.?

Dem no get money rent venue?

[MalamImam]

Originally Posted by aysok1

Result Announcement
BIG TREAT PLC
11 May 2011
Audited Year Ended (December) 2009
Profit and Loss Information
Turnover 09 N4.214b 08 N3.932b
Profit Before Tax 09 (N402.418m) 08 N494.568m
Taxation 09 (N38.088m) 08 (N88.229m)
Profit After Taxation 09 (N440.506m) 08 N406.339m
Balance Sheet Information
Fixed Assets 09 N5.498b 08 N5.253b
Stock 09 N1.045b 08 N1.558b
Trade Debtors 09 N76.893m 08 N69.178m
Cash And Bank Balances 09 N135.695m 08 N69.720m
Other Debit Balances 09 N136.957m 08 N138.438m
Trade Creditors 09 N212.956m 08 N270.713m
Short Term Borrowings 09 N685.214m 08 N733.414m
Other Credit Balances 09 N4.442b 08 N3.802b
Working Capital 09 N79.308m 08 N587.147m
Net Assets 09 N1.552b 08 N2.282b
Corporate Actions
Proposed Dividend Nil
Proposed Bonus Nil
Payment Date Nil
Closure Date Nil
AGM Date 14th July 2011 @11am
AGM Venue Nil

so this company is still in business?

[aysok1]

Originally Posted by hispy99

abeg, which one be AGM venue: NIL.?

Dem no get money rent venue?

LOL. Oga HIPSY, dem go fit used the parking lot space nah

[Vincenta11]

Originally Posted by MalamImam

so this company is still in business?

Are they really still in business??
Because Im pretty sure they have been delisted and with that the case PLEASE guys what happens to my shares i bought on the floor of the NSE. HELP! HELP!!

[hispy99]

Originally Posted by Vincenta11

Are they really still in business??
Because Im pretty sure they have been delisted and with that the case PLEASE guys what happens to my shares i bought on the floor of the NSE. HELP! HELP!!

They have not been delisted. I think they were suspended sometime ago for not submitting their results on time. I think that suspension has been listed. If a company is delisted, you still have your shares, it's just that you can't trade them on the NSE anymore. You'll have to look for a buyer for your shares.