Go Back   StockMarketNigeria.com Forums > Nigerian Stocks > Other Stocks & Investment strategies
Connect with Facebook

Other Stocks & Investment strategies Discuss other stocks

Welcome to the StockMarketNigeria.com Forums.

Free Ebook

Welcome to StockMarketNigeria.com, Nigeria's foremost online investors forum.

You are currently viewing our boards as a guest. This does not allow you access to the FREE resources we have to give away. By registering on our free online forum, you'll get the popular Ebook "The Beginners Guide to Investing in the Nigerian Stock Market", completely FREE. You will also be able to post topics, communicate privately with other members (through private messages), respond to polls, and access many other special features.

Registration is quick, easy and absolutely free. Click here to register on our forums now! But you don't even need to register. Our forum is integerated with facebook and you could just log on to the forum using your facebook details

Connect with Facebook

If you have any problems with the registration process or your account login, click here to contact us

If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below.

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 4th June 2008, 12:29 AM
tgs tgs is offline
Junior Member
Points: 1,030, Level: 17
Points: 1,030, Level: 17 Points: 1,030, Level: 17 Points: 1,030, Level: 17
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Apr 2008
Posts: 20
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
tgs is on a distinguished road
Smile Royal Exch Insurance

Thus anybody have any info about this company, the stock has not been moving up for some time now any news?
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #2 (permalink)  
Old 12th June 2008, 07:49 AM
Forum Moderator
Points: 34,324, Level: 100
Points: 34,324, Level: 100 Points: 34,324, Level: 100 Points: 34,324, Level: 100
Activity: 7%
Activity: 7% Activity: 7% Activity: 7%
 
Join Date: Aug 2007
Location: Illinois, USA
Posts: 8,390
Thanks: 15
Thanked 57 Times in 43 Posts
Rep Power: 16
hispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nice
Default

Quote:
Originally Posted by tgs View Post
Thus anybody have any info about this company, the stock has not been moving up for some time now any news?
REAN set to raise additional fund in capital market

Guardian Newspapers
__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #3 (permalink)  
Old 12th June 2008, 04:37 PM
Senior Member
Points: 4,695, Level: 43
Points: 4,695, Level: 43 Points: 4,695, Level: 43 Points: 4,695, Level: 43
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Mar 2008
Posts: 1,362
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 5
BLUEMONEY will become famous soon enoughBLUEMONEY will become famous soon enough
Wink

Quote:
Originally Posted by hispy99 View Post
REAN set to raise additional fund in capital market

Guardian Newspapers
thanks for the info.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #4 (permalink)  
Old 27th June 2008, 03:27 PM
Forum Moderator
Points: 5,740, Level: 48
Points: 5,740, Level: 48 Points: 5,740, Level: 48 Points: 5,740, Level: 48
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: May 2008
Posts: 2,028
Thanks: 1
Thanked 1 Time in 1 Post
Rep Power: 7
billions has a spectacular aura aboutbillions has a spectacular aura aboutbillions has a spectacular aura about
Default

ROYAL EXCHANGE ASSURANCE PLC
UNAUDITED FIRST QUARTER RESULT FOR THE
PERIOD ENDED MARCH 31, 2008
2008 2007
GROSS PREMIUM N899.419m N680.149m
NET PREMIUM N723.447m N558.974m
PROFIT BEFORE TAXATION N66.658m N67.940m
TAXATION (N19.9m) (N20.382m)
PROFIT AFTER TAXATION N46.661m N47.5m
__________________
The secret of stock investment lies in the ability of the stock investor to hybridize the growth and value theories of stock analysis-by billions.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #5 (permalink)  
Old 28th June 2008, 01:20 AM
Forum Moderator
Points: 34,324, Level: 100
Points: 34,324, Level: 100 Points: 34,324, Level: 100 Points: 34,324, Level: 100
Activity: 7%
Activity: 7% Activity: 7% Activity: 7%
 
Join Date: Aug 2007
Location: Illinois, USA
Posts: 8,390
Thanks: 15
Thanked 57 Times in 43 Posts
Rep Power: 16
hispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nice
Default

Quote:
Originally Posted by billions View Post
ROYAL EXCHANGE ASSURANCE PLC
UNAUDITED FIRST QUARTER RESULT FOR THE
PERIOD ENDED MARCH 31, 2008
2008 2007
GROSS PREMIUM N899.419m N680.149m
NET PREMIUM N723.447m N558.974m
PROFIT BEFORE TAXATION N66.658m N67.940m
TAXATION (N19.9m) (N20.382m)
PROFIT AFTER TAXATION N46.661m N47.5m
Not good at all
__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #6 (permalink)  
Old 11th July 2008, 07:48 AM
Forum Moderator
Points: 3,755, Level: 38
Points: 3,755, Level: 38 Points: 3,755, Level: 38 Points: 3,755, Level: 38
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Apr 2007
Location: Mount Avo, Mount Cado
Posts: 486
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 4
Avocado is on a distinguished road
Default

Meristem securities quoted the shares outstanding for ROYALEX at 1.6018B as at Dec 2007; but I've seen 2.8186 elsewhere. Either way, the result isn't anything impressive.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #7 (permalink)  
Old 18th July 2008, 06:38 PM
Senior Member
Points: 3,055, Level: 34
Points: 3,055, Level: 34 Points: 3,055, Level: 34 Points: 3,055, Level: 34
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Jan 2008
Posts: 637
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 3
riskreturn will become famous soon enough
Default

At 3.38 Naira, price of Royal Exchange Assurance Plc was today placed on technical suspension by the Nigerian Stock Exchange (NSE). This was due to the receipt of an application for supplementary issue of 1 billion shares.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #8 (permalink)  
Old 19th July 2008, 02:11 AM
Forum Moderator
Points: 34,324, Level: 100
Points: 34,324, Level: 100 Points: 34,324, Level: 100 Points: 34,324, Level: 100
Activity: 7%
Activity: 7% Activity: 7% Activity: 7%
 
Join Date: Aug 2007
Location: Illinois, USA
Posts: 8,390
Thanks: 15
Thanked 57 Times in 43 Posts
Rep Power: 16
hispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nice
Default

Quote:
Originally Posted by riskreturn View Post
At 3.38 Naira, price of Royal Exchange Assurance Plc was today placed on technical suspension by the Nigerian Stock Exchange (NSE). This was due to the receipt of an application for supplementary issue of 1 billion shares.
which supplementary issue is this o?
__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #9 (permalink)  
Old 23rd July 2008, 05:26 PM
tgs tgs is offline
Junior Member
Points: 1,030, Level: 17
Points: 1,030, Level: 17 Points: 1,030, Level: 17 Points: 1,030, Level: 17
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Apr 2008
Posts: 20
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
tgs is on a distinguished road
Post

Quote:
Originally Posted by hispy99 View Post
which supplementary issue is this o?
thus any one, hv any idea of direction this stock might be heading to, i hv quite thousand of it and am worried if its going to go down more after the PO
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #10 (permalink)  
Old 25th July 2008, 02:17 AM
Forum Moderator
Points: 34,324, Level: 100
Points: 34,324, Level: 100 Points: 34,324, Level: 100 Points: 34,324, Level: 100
Activity: 7%
Activity: 7% Activity: 7% Activity: 7%
 
Join Date: Aug 2007
Location: Illinois, USA
Posts: 8,390
Thanks: 15
Thanked 57 Times in 43 Posts
Rep Power: 16
hispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nice
Default

Royalex: Half Year June 30 2008

Royal Exchange Plc. Half-year Ended 30/06/08. Tunrover 08 N2.0b 07 N1.65b

Pbt 08 N116.71m 07 N88.51m

Taxation 08 (n35.0m) 07 (n26.55m)

Pat 08 N81.69m 07 N61.95m.
__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #11 (permalink)  
Old 2nd August 2008, 03:14 PM
Junior Member
Points: 898, Level: 15
Points: 898, Level: 15 Points: 898, Level: 15 Points: 898, Level: 15
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: May 2008
Posts: 15
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
lynste is on a distinguished road
Default audited result

ROYAL EXCHANGE ASSURANCE (NIG) PLC: Audited result for the year ended 31st December 2007 shows Gross Premium of N2.7 billion as against N2.14 billion in 2006. Profit after tax stood at N543.64 million compared with profit after tax and exceptional items of N178.71 million in 2006. The Directors are recommending a bonus of 1 for 10. The date of closure of register of members was June 30, 2008.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #12 (permalink)  
Old 12th August 2008, 02:23 AM
Forum Moderator
Points: 34,324, Level: 100
Points: 34,324, Level: 100 Points: 34,324, Level: 100 Points: 34,324, Level: 100
Activity: 7%
Activity: 7% Activity: 7% Activity: 7%
 
Join Date: Aug 2007
Location: Illinois, USA
Posts: 8,390
Thanks: 15
Thanked 57 Times in 43 Posts
Rep Power: 16
hispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nice
Default

Latest Market Info
ROYALEX: CHANGE IN BUSINESS STRUCTURE

ROYAL EXCHANGE ASSURANCE PLC: FOLLOWING A CHANGE IN BUSINESS STRUCTURE, THIS COMPANY IS NOW LISTED IN THE "OTHER FINANCIAL INSTITUTIONS" SECTOR AND IS NOW KNOWN AS "ROYAL EXCHANGE PLC"
__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #13 (permalink)  
Old 12th August 2008, 02:24 AM
Forum Moderator
Points: 34,324, Level: 100
Points: 34,324, Level: 100 Points: 34,324, Level: 100 Points: 34,324, Level: 100
Activity: 7%
Activity: 7% Activity: 7% Activity: 7%
 
Join Date: Aug 2007
Location: Illinois, USA
Posts: 8,390
Thanks: 15
Thanked 57 Times in 43 Posts
Rep Power: 16
hispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nice
Default Re: Royal Exch Insurance

Quote:
Originally Posted by hispy99 View Post
Latest Market Info
ROYALEX: CHANGE IN BUSINESS STRUCTURE

ROYAL EXCHANGE ASSURANCE PLC: FOLLOWING A CHANGE IN BUSINESS STRUCTURE, THIS COMPANY IS NOW LISTED IN THE "OTHER FINANCIAL INSTITUTIONS" SECTOR AND IS NOW KNOWN AS "ROYAL EXCHANGE PLC"

At this rate, there will be no "pure" insurance companies in future..who is next?

i'm moving this thread to its new location
__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #14 (permalink)  
Old 12th August 2008, 08:18 AM
Senior Member
Points: 3,176, Level: 34
Points: 3,176, Level: 34 Points: 3,176, Level: 34 Points: 3,176, Level: 34
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Dec 2007
Location: newcastle upon tyne, uk
Posts: 346
Thanks: 4
Thanked 3 Times in 2 Posts
Rep Power: 3
threecrown is on a distinguished road
Default Re: Royal Exch Insurance

Quote:
Originally Posted by hispy99 View Post
At this rate, there will be no "pure" insurance companies in future..who is next?
i'm moving this thread to its new location
Because insurance companies are fast discovering other avenues in the financial world compare to the banks who are still competing for no one position. Very soon and just like in many western countries, the insurance industry in Nigeria will be stronger than the banking industry.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #15 (permalink)  
Old 12th August 2008, 12:33 PM
Forum Moderator
Points: 34,324, Level: 100
Points: 34,324, Level: 100 Points: 34,324, Level: 100 Points: 34,324, Level: 100
Activity: 7%
Activity: 7% Activity: 7% Activity: 7%
 
Join Date: Aug 2007
Location: Illinois, USA
Posts: 8,390
Thanks: 15
Thanked 57 Times in 43 Posts
Rep Power: 16
hispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nice
Default Re: Royal Exch Insurance

Quote:
Originally Posted by threecrown View Post
Because insurance companies are fast discovering other avenues in the financial world compare to the banks who are still competing for no one position. Very soon and just like in many western countries, the insurance industry in Nigeria will be stronger than the banking industry.
I don't see that happening anytime soon. The dynamics of insurance is different in developed markets than Nigeria. However, where did you come up with the fact that insurance companies were bigger than banks? At least this is not the case in the U.S. to the best of my knowledge, AIG is the biggest insurer and it is not bigger than Citigroup or BofA
__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #16 (permalink)  
Old 13th November 2008, 12:40 PM
Forum Moderator
Points: 5,740, Level: 48
Points: 5,740, Level: 48 Points: 5,740, Level: 48 Points: 5,740, Level: 48
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: May 2008
Posts: 2,028
Thanks: 1
Thanked 1 Time in 1 Post
Rep Power: 7
billions has a spectacular aura aboutbillions has a spectacular aura aboutbillions has a spectacular aura about
Default Re: Royal Exch Insurance

ROYAL EXCHANGE PLC
PERIOD FOURTH QUARTER ENDED 30TH SEPTEMBER 2008
2008
GROSS PREMIUM N1.096b
PROFIT BEFORE TAXATION N144.995m
FORECAST TAXATION (N55.944m)
PROFIT AFTER TAXATION N89.051m
__________________
The secret of stock investment lies in the ability of the stock investor to hybridize the growth and value theories of stock analysis-by billions.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #17 (permalink)  
Old 13th November 2008, 07:43 PM
Senior Member
Points: 4,695, Level: 43
Points: 4,695, Level: 43 Points: 4,695, Level: 43 Points: 4,695, Level: 43
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Mar 2008
Posts: 1,362
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 5
BLUEMONEY will become famous soon enoughBLUEMONEY will become famous soon enough
Wink Re: Royal Exch Insurance

Quote:
Originally Posted by billions View Post
ROYAL EXCHANGE PLC
PERIOD FOURTH QUARTER ENDED 30TH SEPTEMBER 2008
2008
GROSS PREMIUM N1.096b
PROFIT BEFORE TAXATION N144.995m
FORECAST TAXATION (N55.944m)
PROFIT AFTER TAXATION N89.051m


Is this thier End of year result ?????

Thier Normal End of Year used to be in December so I was Suprised when I saw this Fourth Quater at September or have the Changes undertaken in the company affected the end of years also ?????

If there is no changes, then this must be thier Third Quater Result .

Anyhow, The Result is Very Poor when compared with the Half year result and maybe that is why there is no previous figure above to compare this current Figures with.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #18 (permalink)  
Old 15th December 2008, 08:51 PM
Forum Moderator
Points: 34,324, Level: 100
Points: 34,324, Level: 100 Points: 34,324, Level: 100 Points: 34,324, Level: 100
Activity: 7%
Activity: 7% Activity: 7% Activity: 7%
 
Join Date: Aug 2007
Location: Illinois, USA
Posts: 8,390
Thanks: 15
Thanked 57 Times in 43 Posts
Rep Power: 16
hispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nice
Default Re: Royal Exch Insurance

3QTR SEPT 2008

Gross Premium 08 N2.506B 07 N2.040B
PBT 08 N342.321M 07 N280.354M
PAT 08 N239.625M 07 N196.248M
__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #19 (permalink)  
Old 11th September 2009, 06:30 PM
Forum Moderator
Points: 34,324, Level: 100
Points: 34,324, Level: 100 Points: 34,324, Level: 100 Points: 34,324, Level: 100
Activity: 7%
Activity: 7% Activity: 7% Activity: 7%
 
Join Date: Aug 2007
Location: Illinois, USA
Posts: 8,390
Thanks: 15
Thanked 57 Times in 43 Posts
Rep Power: 16
hispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nice
Default Re: Royal Exch Insurance

Turnover PBT Tax PAT
31-Dec-08 12 Mths N3,314,000 (N1,539,000) (N896,463) (N2,435,000)
31-Dec-07 12 Mths N2,740,000 N671,908 (N128,263) N543,645
20.95% - -

FIXED ASSETS:- 08: N610.1MILLION, 07: N635.3MILLION; NET ASSETS - 08: N6.1BILLION, 07: N11.9BILLION
PROPOSED BONUS ISSUE OF 1 FOR 10. CLOSURE DATE: 7TH - 9TH SEPTEMBER, 2009.
PBT EXCLUDES EXCEPTIONAL ITEM:- 08: (N1.4BILLION), 07: NIL
__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #20 (permalink)  
Old 12th October 2009, 06:41 PM
Forum Moderator
Points: 34,324, Level: 100
Points: 34,324, Level: 100 Points: 34,324, Level: 100 Points: 34,324, Level: 100
Activity: 7%
Activity: 7% Activity: 7% Activity: 7%
 
Join Date: Aug 2007
Location: Illinois, USA
Posts: 8,390
Thanks: 15
Thanked 57 Times in 43 Posts
Rep Power: 16
hispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nicehispy99 is just really nice
Default Re: Royal Exch Insurance

GROSS EARNINGS PBT TAX PAT
N'000 N'000 N'000 N'000
30-Jun-09 6 Mths N2,142,000 N301,336 (N96,427) N204,909
30-Jun-08 6 Mths N2,081,000 N253,919 (N76,176) N177,743
2.93% 18.67%
FIXED ASSETS:- JUN 09: N475.3MILLION, DEC 08: N500.3MILLION; NET ASSETS - JUN 09: N8.1BILLION, DEC 08: N6.1BILLION
__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
Reply




StockMarketNigeria.com Forums > Nigerian Stocks > Other Stocks & Investment strategies

Bookmarks


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT +1. The time now is 06:27 PM.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2010, Jelsoft Enterprises Ltd.
SEO by vBSEO 3.3.0
StockMarketNigeria.com
no new posts

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36