first aluminium

[ikevic]

pls can somebody tell me if first aluminium has the potential to go up again or its a dead stock.

[olusolakemmy]

Originally Posted by ikevic

pls can somebody tell me if first aluminium has the potential to go up again or its a dead stock.

as you can see, the market is generally bearish, so i dont expect company like first alum to be left out of the storm, the fact is long standing bull is expected to return next year 1st quarter, that is the only time first alum can make headway, so i still expect the coy to go down further.
the ompany is still in production as they sent me their company result sometime in june, however, in my opinion, it might not be a GOOD stock, but its not a dead one and if a bullish market returns, it will also receive patronage, so keep yours and possibly buy more if it get to say N1.5 to average

[windywendy]

@olusholakemmy, you have first aluminium's financials? Can you PLEASE scan it and post here? (if it wouldn't be too much of a hassle) I've been looking for it online and couldn't get it. Thanks!

[olusolakemmy]

Originally Posted by windywendy

@olusholakemmy, you have first aluminium's financials? Can you PLEASE scan it and post here? (if it wouldn't be too much of a hassle) I've been looking for it online and couldn't get it. Thanks!

i will try and serach for the report in my library, then type it out in a microsoft word page, then attach it, i dont have a scanner.
most importantly i hope i find it, but its not a hassle doing that for the forum.

[windywendy]

Originally Posted by olusolakemmy

i will try and serach for the report in my library, then type it out in a microsoft word page, then attach it, i dont have a scanner.
most importantly i hope i find it, but its not a hassle doing that for the forum.

Thanks a lot! I was wondering why the company is making losses and am trying to understand what the capital structure and profit margins are like. I'll therefore be interested in the income statement, balance sheet and cashflow statement. Also, if you could provide information on the shareholding structure and who key members of management are, that'll be great!

I'm trying to assess what impact the reopening of alscon will have on the company's fortunes going forward. Thanks once again!

[Yusuf]

Originally Posted by olusolakemmy

i will try and serach for the report in my library, then type it out in a microsoft word page, then attach it, i dont have a scanner.
most importantly i hope i find it, but its not a hassle doing that for the forum.

If one of us committed an offense, we jointly post to blame the fellow. Please lets extend it to great spirit of togetherness like that of Olusolakemmy. My doctrine teaches me that action shall be judged according to intention. Even though there was constraint of scanner initially, he overcame that by willing to type the report on Word then attach.

Even if you do not see the report as ealier stated, I salute your great spirit and duff my hat for that.

Good work.

[Survival2006]

That was a GOOD comment Yusuf. You too need to be commended. Regards