Company Results

[Yomik]

Originally Posted by pumping

This site is hot....and free....you've got to check it out...

NigerianSecurities

Just what we need.

i have been there its very very great. you guy check it out

[chidianosike]

i've been playing around the site for the past 3 hrs.
Never before have i seen 'real time' value of my holdings

its something else...

[pumping]

EVANS MEDICAL PLC
UNAUDITED Q-2 RESULTS FOR THE PERIOD ENDED JUNE 30, 2007
PERIOD 2007 2006 ABSOLUTE CHANGE %CHANGE
TURNOVER (N'b) 1.74 1.59 0.14 9.0%
PBT (N'm) 71.30 216.61 -145.31 -67.1%
TAXATION (N'm) 22.82 64.98 -42.17 -64.9%
PAT (N'm) 48.46 151.63 -103.17 -68.0%
* Means Decrease & * Means Increase
Net Profit Margin 57.32% 44.47% 12.8%

Higher turnover but PAT dips by 68%.

48.8M PAT from turnover of 1.74B

[Doyin]

Its surprising that Evans medical posted such great 3rd qtr 06 results, and then went silent, and refused to publish audited results for over 10 months.
A few weeks ago, there was a rumor of a bonus and/or dividend payout based on audited results, and the price started to rally, and then this week, the price began loosing maximum points, and now for this result to come out.....
I wonder what ever happened to the audited financials after all?

[pumping]

AFRIBANK NIGERIA PLC

UNAUDITED Q-2 RESULTS FOR THE PERIOD ENDED SEPTEMBER 30, 2007

PERIOD 2007 2006 ABSOLUTE CHANGE %CHANGE
TURNOVER (N'b) 19.48 9.66 9.83 101.7%
PBT (N'b) 8.10 2.82 5.28 187.1%
TAXATION (N'b) 2.59 0.90 1.69 187.0%
PAT (N'b) 5.51 1.92 3.59 187.2%

Net Profit Margin 28.30% 19.88% 8.4%

PAT grew by 187.2% to NGN 5.51B. Projected PAT is now looking more like NGN 11 Billion with projected basic PE now around 16.9.

[dayfabs]

Originally Posted by Yomik

i have been there its very very great. you guy check it out

Yomik

this site is the bomb. Thanks and God bless you for sharing this resource. Did you know that under their analysis, you can plot a stock aganst one another in the same x axis and see trends that one would never see without such a tool.

I plotted Guaranty , Access, Intercontinental and the bankin sector average and i saw an amazing trend. I am surprised it is free.

Also the PE ratio is dynamic and calculated with current price(todays price). They even have averages for the companies listed in different sectors and u can compare a company's PE to its sectoral average.

THis is the beginning of good things in the market

[pumping]

Did we miss something...

Avon Crowncaps & Containers Plc Turnover PBT TAX PAT
=N='000 =N='000 =N='000 =N='000
31-Mar-07 12 Mths 6,178,000 275,558 102,917 172,641
31-Mar-06 12 Mths 6,155,000 225,444 67,229 158,215
0.4% 22.2% 9.1%

Dividend of 10 kobo and 1 for 5 bonus issue. Closure date Nov 6-9.

Effective basic PE of around 12 when this result was released on the 17th October with a price of NGN 3.82!!

It has gained 47% in 8 days although volumes have been low in the region of 300K units daily until last Wednesday when it started doing over 1 million units. This is possibly due to profit taking now that the PE is approaching 20. Others will still hang on though because the register does not close till Nov 6-9.

The company had been gaining close to 5% daily but it never featured in the list of top movers of some analysts that use % gain as basis.For instance it gained 4.86% on Friday but did not show up in top gainers list for Meristem or Punch based on % change. Lower gainers were included.

[pumping]

ECOBANK NIGERIA PLC
UNAUDITED Q-3 RESULTS FOR THE PERIOD ENDED SEPTEMBER 30, 2007
PERIOD 2007 2006 ABSOLUTE CHANGE %CHANGE
GROSS EARNINGS (N'b) 22.90 11.60 11.30 97.4%
PBT (N'm) 7.50 4.00 3.50 87.5%
TAXATION (N'm) 2.40 1.30 1.10 84.6%
PAT (N'm) 5.10 2.70 2.40 88.9%
* Means Decrease & * Means Increase
Net Profit Margin 22.27% 23.28% -1.0%

Projected PE remains at around 25.5.

[Yusuf]

Originally Posted by pumping

ECOBANK NIGERIA PLC
UNAUDITED Q-3 RESULTS FOR THE PERIOD ENDED SEPTEMBER 30, 2007
PERIOD 2007 2006 ABSOLUTE CHANGE %CHANGE
GROSS EARNINGS (N'b) 22.90 11.60 11.30 97.4%
PBT (N'm) 7.50 4.00 3.50 87.5%
TAXATION (N'm) 2.40 1.30 1.10 84.6%
PAT (N'm) 5.10 2.70 2.40 88.9%
* Means Decrease & * Means Increase
Net Profit Margin 22.27% 23.28% -1.0%

Projected PE remains at around 25.5.

Thanks Pumping for this info. I was planning selling my ECO Bank before for non performance. I think I will still keep it for awhile.

[hispy99]

CAP Plc
Turnover PBT TAX PAT
=N='000 = N='000 =N='000 =N='000
30-Sep-07 9 Mths 1,514,000 372,865 149,207 223,658
30-Sep-06 9 Mths 1,360,000 219,364 70,196 149,168
11.3% 70.0% 49.9%
PBT and PAT are less estraordinary item. Extraordinary Items of N459.5m (2006: N22.0m) Extraordinary item in 2007 is from dis-investment from the household business category following a strategic review of under-performing assets of the company.

Does this result look familiar? It looks exactly like what Livestock reported for FYE 2006. CAP had PBT of N372 million and N459 million of this was Extraordinary income, meaning the company actually had a loss of about N87 million before tax.

IBTC still has a buy on this stock......

[pumping]

If I recall correctly I think in this case the extraordinary items have already been deducted before declaring the PAT. Livestock added the extraordinary items to the PAT declared.
Funny thing that Livestock went ahead to declare an interim result without any extraordinary item even though the result was not impressive.

[hispy99]

Originally Posted by pumping

If I recall correctly I think in this case the extraordinary items have already been deducted before declaring the PAT. Livestock added the extraordinary items to the PAT declared.
Funny thing that Livestock went ahead to declare an interim result without any extraordinary item even though the result was not impressive.

oh..thought it was the other way round...never mind

[Yusuf]

CAP PLC
9 months, Sep. 2007

Turnover (Nm) 1,514.00

Turnover LY (Nm) 1,360.00

Change (%) 11.32

PBT (Nm) 372.87

PBT LY (Nm) 219.36

Change (%) 69.98

TAX (Nm) 149.21

TAX LY (Nm) 70.20

Change (%) 112.56

PAT (Nm) 223.66

PAT LY (Nm) 149.17

Change (%) 49.94

[billions]

EVANS MEDICAL PLC
AUDITED RESULT FOR YEAR ENDED 31-12-2007
2007 2006
TURNOVER N3.151b N2.908b
PROFIT BEFORE TAXATION (N373.436m) N186.613m
TAXATION N56.417m (N54.409m)
PROFIT AFTER TAXATION (N317.019m) N132.204m
CLOSURE OF REGISTER SEPTEMBER 8TH TO 15TH
SEPTEMBER 2008 PAYMENT DATE NIL

[billions]

Originally Posted by billions

EVANS MEDICAL PLC
AUDITED RESULT FOR YEAR ENDED 31-12-2007
2007 2006
TURNOVER N3.151b N2.908b
PROFIT BEFORE TAXATION (N373.436m) N186.613m
TAXATION N56.417m (N54.409m)
PROFIT AFTER TAXATION (N317.019m) N132.204m
CLOSURE OF REGISTER SEPTEMBER 8TH TO 15TH
SEPTEMBER 2008 PAYMENT DATE NIL

This result poor no be small....i was not expecting this.

[son5070]

Originally Posted by billions

This result poor no be small....i was not expecting this.

Why the closure of register,did they declear anything?