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Thanks for your investment. In my humble opinion i think this company needs to reign in their costs.
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05 April 2011 Audited Year Ended (December) 2010 Profit and Loss Information Turnover 10 N869.036m 09 N776.832m Profit Before Tax 10 N231.237m 09 N215.935m Taxation 10 (N51.680m) 09 (N34.491m) Profit After Taxation 10 N124.757m 09 N181.444m Balance Sheet Information Fixed Assets 10 N179.331m 09 N220.554m Stock 10 N112.331m 09 N93.931m Trade Debtors 10 N215.128m 09 N118.347m Cash And Bank Balances 10 N116.122m 09 N117.003m Other Debit Balances 10 N397.096m 09 N454.092m Trade Creditors 10 N71.082m 09 N47.536m Other Credit Balances 10 N137.137m 09 N67.677m Working Capital 10 N383.613m 09 N399.331m Net Assets 10 N2.627b 09 N2.447b
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You can not play symphonies until you have first mastered the notes.
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COURTEVILE INVESTMENT PLC May 18, 2011 Re: Board Meeting The Company has notified The Exchange that at its Board Meeting which was held on May 12, 2011, the Board resolved that a dividend of4.5kobo per share be recommended to the shareholders, at its forth coming Annual General Meeting, to be held on Thursday, July 28, 2011.
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progressively steering your portfolios through times |
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Courteville investment plc proposed a dividend of n4.50, closure date: 16th july, 2011 ; payment date: 12th august,2011
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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Got this from my former broker, but i guess they meant 4.5k and not N4.5
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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COURTVILLE rewards investors with 5 kobo dividend in '11 Audited result.
Didn't see this coming. 10% div yield!
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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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Why not? 5kobo dividend is constant every year so no big deal. |
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COURTEVILLE BUSINESS SOLUTIONS PLC
March 09, 2012 Audited Year-end Results (Dec. 31, 2011) Profit and Loss Information Turnover 31-12-11 N855.600m 31-12-10 N627.703m Direct & Income Cost 11 (N800.826m) 10 (N662.105m) Other Income & Interest Received 11 N268.587m 10 N274.742m Interest & Similar Charges 11 (N19.727m) 10 (N9.231m) Profit before Tax 11 N303.635m 10 N231.108m Taxation 11 (N58.283m) 10 (N51.680m) Profit after Tax 11 N245.352m 10 N179.427m Balance Sheet Information Fixed Assets 31-12-11 N412.492m 31-12-10 N179.331m Long Term Investments 11 N354.573m 10 N703.101m Stocks 11 N124.029m 10 N112.331m Trade Debtors 11 N296.987m 10 N215.128m Cash and Bank Balances 11 N87.382m 10 N116.122m Other Debit Balances 11 N1.823b 10 N1.584b Trade Creditors 11 N63.327m 10 N71.082m Short term Borrowings 11 Nil 10 Nil Other Credit Balances 11 N185.937m 10 N192.381m Working Capital 11 N443.634m 10 N465.109m Net Assets 11 N2.739b 10 N2.6b Corporate Actions Proposed Dividend 5 kobo Proposed Bonus Nil Closure Date 5th June, 2012 AGM Date 17th July 2012 Payment Date 1st August 2012 AGM Venue To be Advised
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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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__________________
"Diversification is a protection against ignorance. It makes litte sense to those who know what they are doing" Warren Buffet |
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