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  #1 (permalink)  
Old 20th June 2008, 12:19 AM
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Default Learn Africa Plc (formerly Longman Nigeria Plc)

LONGMAN: PLACED ON TECHNICAL SUSPENSION

LONGMAN NIGERIA PLC, WEHAVE TODAY PLACED THIS STOCK ON TECHNICAL SUSPENSION FOLLOWING THE RECEIPT OF FORMAL NOTIFICATION IN RESPECT OF THE PROPOSED PLACING OF SHARES BY THE COMPANY.



Who has any idea about this?
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Old 1st July 2008, 01:53 AM
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Latest Market Info
LONGMAN: YEAR END DEC 31 2007

LONGMAN NIGERIA PLC, YEAR ENDED DECEMBER 2007 TURNOVER 07 N2.314b, 06 N1.743b

PBTAXATION 07 N458.815m, 06 N283.561m

TAXATION 07 (N182.022m)06 (N79.810m)

PATAXATION 07 N276.793m, 06 N203.751m

PROPOSED DIVIDEND/SHARE 100KOBO

CLOSURE DATE JULY 7, 2008

PAYMENT DATE JULY 28, 2008
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"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith
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Old 25th July 2008, 03:01 PM
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LONGMAN NIGERIA PLC
UNAUDITED RESULT FOR HALF YEAR ENDED 30-06-2008
2008 2007
TURNOVER N1.037b N664.687m
PROFIT BEFORE TAXATION N53.361m N30.704m
TAXATION (N17.075m) (N9.825m)
PROFIT AFTER TAXATION N36.286m N20.879m
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  #4 (permalink)  
Old 26th July 2008, 12:25 AM
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Quote:
Originally Posted by billions View Post
LONGMAN NIGERIA PLC
UNAUDITED RESULT FOR HALF YEAR ENDED 30-06-2008
2008 2007
TURNOVER N1.037b N664.687m
PROFIT BEFORE TAXATION N53.361m N30.704m
TAXATION (N17.075m) (N9.825m)
PROFIT AFTER TAXATION N36.286m N20.879m
decent result
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"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith
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Old 6th August 2008, 12:27 AM
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Default re: Learn Africa Plc (formerly Longman Nigeria Plc)

http://pearson.com/index.cfm?pageid=...=10&show_rns=0
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  #6 (permalink)  
Old 6th August 2008, 03:43 PM
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Post re: Learn Africa Plc (formerly Longman Nigeria Plc)

Pearson's investment in Longman is a graet development.
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  #7 (permalink)  
Old 6th August 2008, 05:56 PM
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Wink re: Learn Africa Plc (formerly Longman Nigeria Plc)

Quote:
Originally Posted by prince dagbolu View Post
Pearson's investment in Longman is a great development.
it is a welcome development. infact more FDI is needed in the market right now.
i hope J.P MORGAN is still not scaring them away from our market - (I have not seen thier recent report about our market) - becuase i dont think the market is still Overpriced. they should let them know that at least the market is now Attractive.
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Old 27th November 2008, 06:04 AM
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Default re: Learn Africa Plc (formerly Longman Nigeria Plc)

TURNOVER PBT TAX PAT
N'000 N'000 N'000 N'000
30-Sep-08 9 Mths N1,538,000 N168,969 (N54,070) N114,899
30-Sep-07 9 Mths N1,339,000 N138,442 (N44,301) N94,141
14.86% 22.05% 22.05%
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"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith
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  #9 (permalink)  
Old 27th November 2008, 09:40 AM
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Default re: Learn Africa Plc (formerly Longman Nigeria Plc)

Quote:
Originally Posted by BLUEMONEY View Post
it is a welcome development. infact more FDI is needed in the market right now.
i hope J.P MORGAN is still not scaring them away from our market - (I have not seen thier recent report about our market) - becuase i dont think the market is still Overpriced. they should let them know that at least the market is now Attractive.
If they think the prices are attractive, they will buy first and then start pumping the market
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  #10 (permalink)  
Old 30th November 2008, 11:07 AM
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Default re: Learn Africa Plc (formerly Longman Nigeria Plc)

http://h5.punchng.com/article_commen...00811301283634
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith

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  #11 (permalink)  
Old 28th January 2009, 04:28 AM
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Default re: Learn Africa Plc (formerly Longman Nigeria Plc)

Did Longman issue a bonus or something? I have not valued my portfolio in a while so you can imagine my shock when I observed it closed at N7.23 yesterday. Last time I checked like 10 days ago, it was N26 and some change. As usual, NSE's website is down.
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith
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  #12 (permalink)  
Old 28th January 2009, 06:43 PM
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Default re: Learn Africa Plc (formerly Longman Nigeria Plc)

Quote:
Originally Posted by hispy99 View Post
Did Longman issue a bonus or something? I have not valued my portfolio in a while so you can imagine my shock when I observed it closed at N7.23 yesterday. Last time I checked like 10 days ago, it was N26 and some change. As usual, NSE's website is down.

Yes, Longman did a 2 for 1 bonus.
And the new price is as a result of markdown.
You don hammer sha???

AB
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  #13 (permalink)  
Old 28th January 2009, 08:18 PM
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Default re: Learn Africa Plc (formerly Longman Nigeria Plc)

Quote:
Originally Posted by Abinishio View Post
Yes, Longman did a 2 for 1 bonus.
And the new price is as a result of markdown.
You don hammer sha???

AB
Thank you my brother. Dividend nko?

Hammer ke? Or do you meab to say have I been hammered? The market has hammered me terribly o. My portfolio is no longer on life support, but on heavenly support.
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith
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  #14 (permalink)  
Old 5th February 2009, 04:04 AM
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Default re: Learn Africa Plc (formerly Longman Nigeria Plc)

http://allafrica.com/stories/200905130343.html
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith

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Old 21st April 2009, 01:18 AM
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Default re: Learn Africa Plc (formerly Longman Nigeria Plc)

The Punch: Longman targets N5bn profit in 2009
__________________
“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes
"The one absolute requirement of a money manager is emotional maturity. If you don’t know who you are, the stock market is an expensive place to find out." - Adam Smith

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  #16 (permalink)  
Old 4th May 2009, 04:24 PM
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Default re: Learn Africa Plc (formerly Longman Nigeria Plc)

LONGMAN NIGERIA PLC AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED
31-12-2008 PERIOD ENDED 31-12-2008
2008 2007 %CHANGE
TURNOVER N4.632b N2.314b 100
PROFIT BEFORE TAXATION N1.012b N458.815m 121
TAXATION (N342.752m) (N182.022m) (88)
PROFIT AFTER TAXATION N669.356m N276.793m 142
FIXED ASSET N247.729m N238.538m 4
STOCK N629.302m N625.329m 1
TRADE DEBTORS N1.487b N844.800m 76
CASH AND BANK BALANCE N2.410b N10.419m 23031
OTHER DEBIT BALANCES N291.850m N140.411m 108
TRADE CREDITS N412.188m N248.426m 66
SHORT TERM BORROWINGS NIL N125.953m
OTHER CREDIT BALANCES N1.261b N611.825m 106
WORKING CAPITAL N3.144b N634.755m 395
NET ASSETS N3.227b N761.417m 324
PROPOSED DIVIDEND 50KOBO AGM 4TH OF JUNE 2009 CLOSURE
OF REGISTER 25TH TO 29TH MAY 2009 PAYMENT DATE 8TH JUNE 2009
AGM VENUE BANQUET HALL LAGOS AIRPORT HOTEL LTD OBAFEMI OBAFEMI
AWOLOWO WAY IKEJA LAGOS AT 11.00 A.M
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  #17 (permalink)  
Old 4th May 2009, 04:39 PM
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Default re: Learn Africa Plc (formerly Longman Nigeria Plc)

The dividend yield is 12.2%...excellent.


This may be a good one for short term profit...over 25% gain in about 2 weeks is possible.
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Last edited by billions; 4th May 2009 at 04:43 PM.
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  #18 (permalink)  
Old 4th May 2009, 06:22 PM
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Default re: Learn Africa Plc (formerly Longman Nigeria Plc)

Quote:
Originally Posted by billions View Post
The dividend yield is 12.2%...excellent.


This may be a good one for short term profit...over 25% gain in about 2 weeks is possible.
It is not a very liquid stock. So getting a worthwhile quantity will be difficult. I considered it earlier this year, but when i examined the float, i decided not to buy it.

The market cap at today's closing price is just about N3.16 billion. With 51% held by Pearson who wont be selling any time soon. It is a small company that one can buy slowly and hold. But buying for a quick gain when it is obvious, will prove a challenge as outlined above.

Last edited by zainabusman; 4th May 2009 at 11:37 PM.
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Old 4th May 2009, 09:22 PM
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Default re: Learn Africa Plc (formerly Longman Nigeria Plc)

Quote:
Originally Posted by zainabusman View Post
It is not a very liquid stock. So getting a worthwhile quantity will be difficult. I considered it earlier this year, but when i examined the float, i decided not to buy it.

The market cap at today's closing price is just about N3.16 billion. With 51% held by Pearson who wont be selling any time soon. It is a small company that one can buy slowly and hold. But buying for a quick gain when it is obvious, will prove a challenge as outlined above.
Besides all those profs in Ife and UI were already in the game long ago
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Old 11th May 2010, 06:25 PM
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Default re: Learn Africa Plc (formerly Longman Nigeria Plc)

11-05-2010 the nigerian stock exchange result announcement
longman nigeria plc audited year ended december 2009
2009 2008 %change
turnover n/a n/a
profitbefore tax n1.111b n1.012b 9.86
taxation (n402.438m) (n342.752m) 17.41
profit after taxation n709.486m n669.356m 6.00
fixed assets n280.799m n247.729m 13.35
stock n831.216m n629.302m 32.09
loans and advances n1.622b n1.487b 9.06
cash and bank balances n2.219b n2.410b (7.91)
other debit balances n401.436m n291.850m 37.55
trade creditors n316.767m n412.188m (23.15)
other credit balances n1.402b n850.928m (4.77)
working capital n3.355b n3.144b 6.70
net assets n3.551b n3.227b 10.03
corporate actions proposed dividend 50kobo proposed bonus
nil payment date 7th june 2010 closure date

Last edited by 123.rado; 11th May 2010 at 07:12 PM.
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