Go Back   StockMarketNigeria.com Forums > Nigerian Stocks > Other Stocks & Investment strategies
Morison Industries Plc Morison Industries Plc




Connect with Facebook




Register Invite Your FriendsBlogs FAQDonate Members List Social Groups Calendar Search Today's Posts Mark Forums Read Experience

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 22nd August 2007, 01:10 PM
Senior Member
Points: 15,912, Level: 81
Points: 15,912, Level: 81 Points: 15,912, Level: 81 Points: 15,912, Level: 81
Activity: 1%
Activity: 1% Activity: 1% Activity: 1%
 
Join Date: Aug 2007
Location: Coventry, UK
Posts: 1,372
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 5
Apache is on a distinguished road
Default Morison Industries Plc
Hi Guys,

Do you know that some new investors are putting finishing touches to acquire 60% stake in Morison Industries plc.
the name of the new investors are SARO. they are the guys that bought the household division of CAP Plc.
this is confirmed gist.
what you intend to do with this information is your decision
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #2 (permalink)  
Old 22nd August 2007, 07:40 PM
Senior Member
Points: 11,860, Level: 71
Points: 11,860, Level: 71 Points: 11,860, Level: 71 Points: 11,860, Level: 71
Activity: 66%
Activity: 66% Activity: 66% Activity: 66%
 
Join Date: Oct 2006
Posts: 2,903
Thanks: 24
Thanked 38 Times in 23 Posts
Rep Power: 7
c kenneths has a spectacular aura aboutc kenneths has a spectacular aura about
Default
@ Apache, I like recieving news from the grapevine, and I understand the potential of such info to increase an investors wealth when you take positions before the 'crowd'

But be warned that such info has been used time and time again to pump up the price of some stocks, and when gullible investors have taken position, the bearers of such info will quickly march in and sell all their holdings, leaving innocent investors to carry the can.

So untill such info is confirmed, I am always slow to act in such matters.
__________________
"THOSE WHO WIN, ARE THOSE WHO THINK THEY CAN"
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #3 (permalink)  
Old 23rd August 2007, 04:14 PM
Senior Member
Points: 15,912, Level: 81
Points: 15,912, Level: 81 Points: 15,912, Level: 81 Points: 15,912, Level: 81
Activity: 1%
Activity: 1% Activity: 1% Activity: 1%
 
Join Date: Aug 2007
Location: Coventry, UK
Posts: 1,372
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 5
Apache is on a distinguished road
Default
Hi C Kenneth,
I feel you but you can be rest assured that this is confirmed. This came from a senior person in SARO Agrochemicals. He also told me that they were buying the household unit of CAP plc and a month later, i read about it in Business Day.
So i don't see why this should be different.
I just felt that this is basically an information sharing forum, you guys should know
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #4 (permalink)  
Old 1st September 2007, 10:22 PM
Member
Points: 1,902, Level: 26
Points: 1,902, Level: 26 Points: 1,902, Level: 26 Points: 1,902, Level: 26
Activity: 2%
Activity: 2% Activity: 2% Activity: 2%
 
Join Date: Mar 2007
Posts: 47
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
babatunde akinyemi is on a distinguished road
Default
Quote:
Originally Posted by Apache View Post
Hi Guys,

Do you know that some new investors are putting finishing touches to acquire 60% stake in Morison Industries plc.
the name of the new investors are SARO. they are the guys that bought the household division of CAP Plc.
this is confirmed gist.
what you intend to do with this information is your decision
Dear Apache,

My stockbroker has been unable to buy Morison Industries shares since I gave him order to buy last Monday. Have you bought some recently or are you aware that the stock is available. From your own research do you intend to take position in the stock at all?. I want to but it under my very high risk investment portfolio.

Do you consider the stock to be liquid having regards to the little number of deals?

From what sources can one get information to do fundamental analysis on the company. What does it produce?

What do you know about the core investor?

Sorry about many questions.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #5 (permalink)  
Old 2nd September 2007, 02:18 PM
Senior Member
Points: 11,860, Level: 71
Points: 11,860, Level: 71 Points: 11,860, Level: 71 Points: 11,860, Level: 71
Activity: 66%
Activity: 66% Activity: 66% Activity: 66%
 
Join Date: Oct 2006
Posts: 2,903
Thanks: 24
Thanked 38 Times in 23 Posts
Rep Power: 7
c kenneths has a spectacular aura aboutc kenneths has a spectacular aura about
Default
That is the problem with small cap stocks, I have suffered the same fate at NGC, not enough shares for all that wants to buy.

Maybe they will do well to give us stock splits for the qty to be available.
__________________
"THOSE WHO WIN, ARE THOSE WHO THINK THEY CAN"
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #6 (permalink)  
Old 2nd September 2007, 11:33 PM
Senior Member
Points: 15,912, Level: 81
Points: 15,912, Level: 81 Points: 15,912, Level: 81 Points: 15,912, Level: 81
Activity: 1%
Activity: 1% Activity: 1% Activity: 1%
 
Join Date: Aug 2007
Location: Coventry, UK
Posts: 1,372
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 5
Apache is on a distinguished road
Default
Sincerely, i had placed orders with Zenith Securities as at when it was at 80 kobo and has not been able to get the required volumes because the stock is illiquid. i guess that by the time the deal is concluded, they might structure it the same way NASCON was structured.
as regards the investors SARO Agrochemicals, don;t really know much about them even though i have heard the name from time to time
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #7 (permalink)  
Old 7th September 2007, 02:46 PM
Senior Member
Points: 2,161, Level: 28
Points: 2,161, Level: 28 Points: 2,161, Level: 28 Points: 2,161, Level: 28
Activity: 3%
Activity: 3% Activity: 3% Activity: 3%
 
Join Date: Jul 2007
Posts: 235
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 4
chidianosike is on a distinguished road
Default Morison Industries Plc
Folks,

whats your take on Morrison Insustries? Has anybody got hold of their financial reports...

I'm looking for 'sound' penny stocks i could wait a year with?

I havent seen any information on Morisson to enable me do some reseach...

Over to y'all
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #8 (permalink)  
Old 29th February 2008, 10:52 AM
Senior Member
Points: 15,912, Level: 81
Points: 15,912, Level: 81 Points: 15,912, Level: 81 Points: 15,912, Level: 81
Activity: 1%
Activity: 1% Activity: 1% Activity: 1%
 
Join Date: Aug 2007
Location: Coventry, UK
Posts: 1,372
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 5
Apache is on a distinguished road
Default
Was wondering if anyone cashed in on this info. This was actually my first post when i joined this forum
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #9 (permalink)  
Old 29th February 2008, 02:09 PM
Senior Member
Points: 5,123, Level: 45
Points: 5,123, Level: 45 Points: 5,123, Level: 45 Points: 5,123, Level: 45
Activity: 9%
Activity: 9% Activity: 9% Activity: 9%
 
Join Date: Dec 2007
Location: Nigeria
Posts: 916
Thanks: 3
Thanked 7 Times in 5 Posts
Rep Power: 3
Babs_O will become famous soon enough
Default
Apache, I can see you have a lot of hot info. Not surprised this was your first. Though most couldn't take advantage due to the small volumes available.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #10 (permalink)  
Old 29th February 2008, 10:22 PM
Junior Member
Points: 1,108, Level: 18
Points: 1,108, Level: 18 Points: 1,108, Level: 18 Points: 1,108, Level: 18
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Feb 2008
Posts: 4
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
awudoin is on a distinguished road
Default what do u guys think about aba textile?
i read an article on businessday newspaper about revamping aba textile. it was also stated in the papers that the company has been sold to some asian investors. i just want anybodys' candid opinion on the purchase of the shares of this company. would be really appreciated.
here is the link to the news on businessday:BusinessDay... the voice of business - A shot to revive Aba Textile Mills
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #11 (permalink)  
Old 13th March 2008, 06:35 PM
Junior Member
Points: 1,108, Level: 18
Points: 1,108, Level: 18 Points: 1,108, Level: 18 Points: 1,108, Level: 18
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Feb 2008
Posts: 3
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 0
wonder is on a distinguished road
Cool No Cloud,No Rain!~
Quote:
Originally Posted by awudoin View Post
i read an article on businessday newspaper about revamping aba textile. it was also stated in the papers that the company has been sold to some asian investors. i just want anybodys' candid opinion on the purchase of the shares of this company. would be really appreciated.
here is the link to the news on businessday:BusinessDay... the voice of business - A shot to revive Aba Textile Mills
B4 rain falls,watervapour must gather as gas form in d cloud's.Then d clouds being heavy,shows d sign by strong wind accompanied with a dark blue cloud.Den,d rain empty themselves on d earth!This is a stock i've nt seen it's earnings,so it means there has not been sales for, earning's go with sales!Don't b t quick to forget d closed down of 1 of its like,UNTL[United Nigeria Textiles Ltd].There is no sign of gud prospects yet so,leave it!Cheers guy!
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #12 (permalink)  
Old 13th March 2008, 08:53 PM
Member
Points: 1,331, Level: 20
Points: 1,331, Level: 20 Points: 1,331, Level: 20 Points: 1,331, Level: 20
Activity: 0%
Activity: 0% Activity: 0% Activity: 0%
 
Join Date: Mar 2008
Location: Abuja
Posts: 95
Thanks: 0
Thanked 0 Times in 0 Posts
Rep Power: 3
polosco is on a distinguished road
Default Let's wait and see
may be this is a manipulation to have access to the Billions of Naira being awaited from the FG.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #13 (permalink)  
Old 7th November 2008, 12:19 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: Morisson Industry
9M RESULT

2008 2007
Turnover N289.64M N147.51M
PBT N32.195 N11.983M
PAT N21.8M N8.148M
__________________
“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 14th July 2009, 12:45 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: Morison Industries Plc
MORISON INDUSTRIES PLC, AUDITED FINANCIAL STATEMENT FOR THE PERIOD ENDED 31-12-2008

TURNOVER 08 N369.232m, 07 N221.765m
EXCEPTIONAL 08 NIL 07 (N10.000m)
PBT AND AFTER EXCEPTIONAL 08 N20.165m,07 N10.536m
TAXATION 08 (N5.716m) 07 N4.954m
PROFIT AFTER TAXATION 08 N14.449m, 07 N5.490m
BALANCE SHEET INFORMATION
FIXED ASSETS 08 N393.899m, 07 N64.442m
STOCK 08 N82.383m, 07 N85.287m
TRADE DEBTORS 08 N72.397m, 07 N54.810m
CASH AND BANK BAL 08 N3.520m, 07 N6.755m
OTHER DEBIT BALANCES 08 N40.737m, 07 N26.794m
TRADE CREDITS 08 N9.255m, 07 N14.857m,
SHORT TERM BORROWINGS 08 N335,000 07 NIL
OTHER CREDIT BALANCES 08 N114.884m, 07 N91.031m
WORKING CAPITAL 08 N82.755m, 07 N81.289m
NET ASSETS 08 N464.942m, 07 N125.445m
PROPOSED DIVIDEND 5 KOBO AGM DATE 13TH 2009 CLOSURE OF REGISTER JULY 20 TO 24 2009 PAYMENT DATE AUGUST 20, 2009.
AGM IS SCHEDULED FOR THURSDAY 13TH AUGUST 2009 VENUE COMPANY PREMISES TIME 11.00A.M
__________________
“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
  #15 (permalink)  
Old 3rd June 2010, 12:23 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 Re: Morison Industries Plc
Morison Industries Plc posts Q1,Q2 & Q3 2009 results with 78.25% PAT decline in Q3 - Proshare
__________________
“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 12th August 2010, 11:51 AM
Forum Moderator
Points: 3,679, Level: 38
Points: 3,679, Level: 38 Points: 3,679, Level: 38 Points: 3,679, Level: 38
Activity: 99%
Activity: 99% Activity: 99% Activity: 99%
 
Join Date: Mar 2009
Posts: 896
Thanks: 9
Thanked 29 Times in 21 Posts
Rep Power: 2
123.rado is on a distinguished road
Default Re: Morison Industries Plc
MORISON INDUSTRIES PLC
12 August 2010
Audited Year Ended (December) 2009

Profit and Loss Information
Turnover 09 N270.330m 08 N369.232m
PBT 09 (N20.452m) 08 N20.165m
Tax 09 (N405,000) 08 (N5.716m)
PAT 09 (N20.857m) 08 N14.449m

Balance Sheet Information
Fixed Assets 09 N394.466m 08 N412.138m
Stock 09 N83.741m 08 N82.383m
Trade Debtors 09 N90.190m 08 N72.397m
Cash And Bank Balances 09 N8.028m 08 N3.520m
Other Debit Balances 09 N16.679m 08 N18.977m
Trade Creditors 09 N37.564m 08 N9.255m
Short Term Borrowings 09 Nil 08 N335,000l
Other Credit Balances 09 N119.064m 08 N114.884m
Working Capital 09 N72.494m 08 N79.512m
Net Assets 09 N436.476m 08 N464.942m
__________________
You can not play symphonies until you have first mastered the notes.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #17 (permalink)  
Old 20th August 2010, 03:00 PM
Forum Moderator
Points: 3,679, Level: 38
Points: 3,679, Level: 38 Points: 3,679, Level: 38 Points: 3,679, Level: 38
Activity: 99%
Activity: 99% Activity: 99% Activity: 99%
 
Join Date: Mar 2009
Posts: 896
Thanks: 9
Thanked 29 Times in 21 Posts
Rep Power: 2
123.rado is on a distinguished road
Default Re: Morison Industries Plc
20 August 2010
Unaudited Q1 (March) 2010

Profit and Loss Information
Turnover 10 N39.028m 09 N62.183m
PBT 10 (N9.832m) 09 N3.603m
Tax 10 N3.146m 08 (N1.153m)
PAT 10 (N6.686m) 09 N2.450m

Balance Sheet Information
Fixed Assets 31-03-10 N390.670m 31-12-09 N394.466m
Stock 10 N77.848m 09 N83.741m
Trade Debtors 10 N81.349m 09 N90.190m
Cash And Bank Balances 10 N5.144m 09 N8.028m
Other Debit Balances 10 N19.074m 09 N16.679m
Trade Creditors 10 N13.678m 09 N37.564m
Other Credit Balances 10 N128.902m 09 N120.592m
Working Capital 10 N68.091m 09 N70.966m
Net Assets 10 N431.505m 09 N436.476m
__________________
You can not play symphonies until you have first mastered the notes.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #18 (permalink)  
Old 20th August 2010, 03:01 PM
Forum Moderator
Points: 3,679, Level: 38
Points: 3,679, Level: 38 Points: 3,679, Level: 38 Points: 3,679, Level: 38
Activity: 99%
Activity: 99% Activity: 99% Activity: 99%
 
Join Date: Mar 2009
Posts: 896
Thanks: 9
Thanked 29 Times in 21 Posts
Rep Power: 2
123.rado is on a distinguished road
Default Re: Morison Industries Plc
MORISON INDUSTRIES PLC
20 August 2010

Unaudited Q2 (June) 2010
Profit and Loss Information
Turnover 10 N126.016m 09 N113.923m
PBT10 (N4.744m) 09 (N11.532m)
Tax 10 N1.518m 08 N3.690m
PAT 10 (N3.226m) 09 (N7.842m)

Balance Sheet Information
Fixed Assets 30-06-10 N380.244m 31-12-09 N394.466m
Stock 10 N75.409m 09 N83.741m
Trade Debtors 10 N101.260m 09 N90.190m
Cash And Bank Balances 10 N11.106m 09 N8.028m
Other Debit Balances 10 N19.523m 09 N16.679m
Trade Creditors 10 N32.645m 09 N37.564m
Other Credit Balances 10 N118.305m 09 N120.592m
Working Capital 10 N83.843m 09 N70.966m
Net Assets 10 N436.592m 09 N436.476m
__________________
You can not play symphonies until you have first mastered the notes.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply With Quote
  #19 (permalink)  
Old 31st August 2010, 11:46 AM
Forum Moderator
Points: 3,679, Level: 38
Points: 3,679, Level: 38 Points: 3,679, Level: 38 Points: 3,679, Level: 38
Activity: 99%
Activity: 99% Activity: 99% Activity: 99%
 
Join Date: Mar 2009
Posts: 896
Thanks: 9
Thanked 29 Times in 21 Posts
Rep Power: 2
123.rado is on a distinguished road
Default Re: Morison Industries Plc
Annual General Meeting. MORISON INDUSTRIES PLC

http://www.nigerianstockexchange.com...204%2030th.pdf
__________________
You can not play symphonies until you have first mastered the notes.
Last edited by 123.rado; 31st August 2010 at 12:11 PM.
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

« Courtville Investment Limited | UNTL shuts down »

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

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

Similar Threads
Thread Thread Starter Forum Replies Last Post
West African Glass Industries Lukas Other Stocks & Investment strategies 20 15th December 2009 03:44 AM
Nadina industries Ltd solainvest Private Placements 31 21st April 2008 07:13 PM
How Waivers Kill Local Industries, By Dangote obinnaD Other Stocks & Investment strategies 1 28th August 2007 07:39 PM


All times are GMT +1. The time now is 06:32 PM.

Contact Us - StockMarketNigeria.com Investor's Forum - Archive - Privacy Statement - Top

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