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  #61 (permalink)  
Old 10th June 2010, 04:10 PM
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Default Re: cornerstone insurance
CORNERSTONE INSURANCE PLC
10 June 2010
Q3 (September) 2010 Earning Forecast

Forecast Profit and Loss Information
Gross Premium 10 N1.370b
PBT 10 N320.400m
Forecast Tax 10 (N64.080m)
PAT 10 N256.320m

Cash Flow Information
Operating Cashflow before Working Capital Changes 10 N356.770m
Net Cash Generated From Operating Activities 10 N285.950m
Cash Flow From Investing Activities 10 (N90m)
Net Decrease in Net Cash and Cash Equivalents 10 N195.950m
Cash/Bank Balance at the Beginning of the Period 10 N535.444m
Cash/Bank Balance at the End of the Period 10 N731.394m
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  #62 (permalink)  
Old 31st August 2010, 07:22 AM
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Default Re: cornerstone insurance
Cornerstone Insurance Plc declares N 442.965 million loss in 2009 Audited result

Cornerstone Insurance Plc declares N 442.965 million loss in 2009 Audited result. - Proshare
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  #63 (permalink)  
Old 31st August 2010, 07:23 AM
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Default Re: cornerstone insurance
CORNERSTONE INSURANCE PLC: Annual General Meeting


CORNERSTONE INSURANCE PLC: Annual General Meeting - Proshare
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  #64 (permalink)  
Old 15th March 2011, 02:31 PM
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Default Re: cornerstone insurance
Cornerstone Insurance Plc forecasts N77.2 million PAT for Q2 2011 - Proshare
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  #65 (permalink)  
Old 29th July 2011, 07:34 PM
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Default Re: cornerstone insurance
Cornerstone Insurance Plc declares N142.4 million PAT in Q2 2011 result

https://www.proshareng.com/news/14347
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  #66 (permalink)  
Old 3rd September 2012, 03:47 PM
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Default Re: cornerstone insurance
Believability index shows CORNERST likely to deliver 71% of Q4 PAT forecasts - Proshare
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  #67 (permalink)  
Old 18th October 2012, 09:01 PM
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Default Re: cornerstone insurance
Shareholders Scuttle Cornerstone, Linkage Assurance Merger Plan, Articles | THISDAY LIVE
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  #68 (permalink)  
Old 18th October 2012, 09:23 PM
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Default Re: cornerstone insurance
Investors' awareness on the rise! Most AGMs used to be mere rubber stamping of boards decisions.
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  #69 (permalink)  
Old 18th October 2012, 09:29 PM
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Default Re: cornerstone insurance
Quote:
Originally Posted by Mish View Post
Investors' awareness on the rise! Most AGMs used to be mere rubber stamping of boards decisions.
"According to him, with almost N1 billion in fresh funds coming from a major investor in the company - Bayelsa State Government and another N1 billion expected from the National Deposit Insurance Scheme (NDIC), being proceeds of previous rights issue that was trapped in the defunct Allstates Trust Bank Plc, the company does not need any merger for survival."

Also, President of the Nigerian Shareholders Solidarity Association, Mr. Timothy Adesiyan, said shareholders were not afraid of merger but warned that shareholders would not close their eyes and allows the board to enter into merger arrangement with Cornerstone Insurance which he described as a dwarf. “We are not against merger, the company, if the need arises could merge its operations with another company but definitely, we will not merge with a dwarf,” he warned.


Was this merger about "survival" or "expansion"? Laff wan kill me...so Cornerstone na dwarf now?
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Last edited by hispy99; 18th October 2012 at 09:32 PM.
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  #70 (permalink)  
Old 18th October 2012, 09:32 PM
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Default Re: cornerstone insurance
Shareholders' activism on the rise. As long as corporate decision is not in the interest of shareholders,it should be scuttled. Good move.
Last edited by xplicitiyke; 18th October 2012 at 09:35 PM.
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  #71 (permalink)  
Old 19th November 2012, 06:50 PM
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Default Re: cornerstone insurance
Linkage Formally Backs Out of Merger Talks with Cornerstone Insurance, Articles | THISDAY LIVE
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  #72 (permalink)  
Old 21st May 2013, 01:03 PM
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Default Re: cornerstone insurance
Seems somebody is about to move this one from the bus park...

Oga Oracle; na the Locomotive engineers wey you bring come work for park the other day dey test run this one?
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  #73 (permalink)  
Old 21st May 2013, 01:09 PM
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Default Re: cornerstone insurance
Quote:
Originally Posted by overload View Post
Seems somebody is about to move this one from the bus park...

Oga Oracle; na the Locomotive engineers wey you bring come work park the other day dey test run this one?
No o. Ask Nosa! He suddenly developed love for insurance.
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  #74 (permalink)  
Old 21st May 2013, 01:42 PM
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Default Re: cornerstone insurance
Quote:
Originally Posted by Oracle View Post
No o. Ask Nosa! He suddenly developed love for insurance.
a few years ago financials were his sworn enemies
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  #75 (permalink)  
Old 21st May 2013, 02:11 PM
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Default Re: cornerstone insurance
Quote:
Originally Posted by BigJay01 View Post
a few years ago financials were his sworn enemies
How times change
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