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Sorry to ask,do you use braille?
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For every buyer there is a seller, and the future will prove one of them to have made a mistake.
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thread is alive but the stock is dead, that's is the final common pathway of all other stocks with the scenario painted above
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The company has notified The Exchange that its Annual General Meeting is scheduled to hold on Monday, December 12, 2011 at Mary Manuel Hall, Pyramid Hotel Plot 160, Murtala Mohammed Way, Calabar.
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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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RESULT ANNOUNCEMENT
UNION DIAGNOSTICS & CLINICAL PLC May 2, 2012 Audited Results (Dec, 2011) Statement of Comprehensive Income Turnover 31-12-11 N702.615m 31-12-10 N550.110m Cost of Sales 11 (N623.290) 10 (N45.918m) Net Operating Expenses 11 (N280.322m) 10 (N303.493m) Profit before Tax 11 (N200.998m) 10 (N213.301m) Taxation 11 (N22.525m) 10 N54.392m Profit after Tax 11 (N223.523m) 10 (N158.908m) Statement of Financial Position Fixed Assets 31-12-11 N1.326b 31-12-10 N1.514b Investment 11 N19.400m 10 N19.400m Stocks 11 N194.620m 10 N209.570m Trade Debtors 11 N15.620m 10 N5.523m Cash and Bank Balances 11 N7.039m 10 N3.519m Other Debit Balances 11 N3.528b 10 N6.666b Trade Creditors 11 Nil 10 Nil Short term Borrowings 11 Nil 11 Nil Other Credit Balances 11 N559.787m 10 N542.779m Working Capital 11 N3.186b 10 N3.222b Net Assets 11 N4.532b 10 N4.755b Corporate Actions Proposed Dividend Nil Proposed Bonus Nil Qualification Date Nil Closure Date Nil AGM Date Nil Payment Date Nil AGM Venue Nil Notes
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Don't base your choices on surface level attraction, because "the good looks of a moron does not stay that way for long".
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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Proshare says its Q1 while NSE says Q3. Its best to glean this result from the NSE. You also need the H1 result to be able to trace the origin of that humongous trade debtors that failed to appear in Audited 2011. Unless it can be traced, this is One Chance...
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These were the companies that milked people during the IPO boom. Just take heart.
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For every buyer there is a seller, and the future will prove one of them to have made a mistake.
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See the original 2011 audited result you are to use for your baseline comparison, not the 'doped' one with N3.544b trade debtors: Turnover 31-12-11 N702.615m 31-12-10 N550.110m Cost of Sales 11 (N623.290) 10 (N45.918m) Net Operating Expenses 11 (N280.322m) 10 (N303.493m) Profit before Tax 11 (N200.998m) 10 (N213.301m) Taxation 11 (N22.525m) 10 N54.392m Profit after Tax 11 (N223.523m) 10 (N158.908m) Statement of Financial Position Fixed Assets 31-12-11 N1.326b 31-12-10 N1.514b Investment 11 N19.400m 10 N19.400m Stocks 11 N194.620m 10 N209.570m Trade Debtors 11 N15.620m 10 N5.523m Cash and Bank Balances 11 N7.039m 10 N3.519m Other Debit Balances 11 N3.528b 10 N6.666b Trade Creditors 11 Nil 10 Nil Short term Borrowings 11 Nil 11 Nil Other Credit Balances 11 N559.787m 10 N542.779m Working Capital 11 N3.186b 10 N3.222b Net Assets 11 N4.532b 10 N4.755b Looking at the working capital changes from 2010 to date, the next question you want to ask is what did they sell or what service did they render that amounted to N3.5b, enh? The route to trade debtors from these foregoing results(2010 and 2011) do not support that figure seen in this 2012 Q3. Another strong reason for my suspicion is the conspicuous 'missing in action' of both Q1 and Q2 results on the NSE site; those results would have shown somethings which I do not want to mention here, so that they don't make a correction, if the discrepancy was intentionally put there. |
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chei, the PAT of this coy na im oga Waa$$$5 dey take chop isi-ewu friday nite for mama ejiro dis result get as e be sef
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes Last edited by hispy99; 24th April 2013 at 09:37 PM. |
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UNIONDAC declares N1.3m PAT in '12 Audited result,(SP:N0.50k) - Proshare even The fish seller for market go make this profit.
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For every buyer there is a seller, and the future will prove one of them to have made a mistake.
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![]() Btw, why are they still answering "LTD" instead of "PLC" for smn? Maybe na that caused am.
Last edited by waaan5; 25th April 2013 at 09:12 AM. |
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