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It is a great shame on the part of all the management of Daár communication. Despite all the business programs anchor on their station.
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It is quite a pity that DAÁR Communication board of directors has lost their glory and destroy their image base on my own perspective. AIT anchors a lot of economic program where the focus are always on the economic development of the world at large. A lot of companies result are usually analysed but their own result do not get to the exchange let alone being analysed. Now that they have been sanctioned I think they will release their result. They are the first in their sector on the exchange but they have never laid a good example
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“The market can remain irrational longer than you can remain solvent.” - John Maynard Keynes |
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DAARCOMM declares N32.8b PAT in Q1 '12 result,(SP:N0.50k)"
DAARCOMM declares Q1 & Q2 '12 results with N40.8m PAT in Q2 '12,(SP:N0.50k) - Proshare That should be 32.8 million, unless Daar Communications has acquired CNN ![]()
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If you don't stand for something, you'll fall for anything. Last edited by chillykelly86; 17th April 2013 at 02:51 PM. |
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Please who can explain why the leadership business man of the year goes to the chairman of Daar communication? Is business all about expansion alone without any benefit to the shareholders?
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I mean having multiple network station. Moreover I am still confused with their result, they found it possible to reward their shareholder all this while cos of the 7bn loan now within 3 months 32bn was made as profit after tax, what is the special deal?
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http://www.nse.com.ng/Financial_News...EPT%202012.pdf
Please can someone here tell where this company got this 13b? |
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The cheapest stock in an overvalued market may still be overvalued |
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Another question is what "other business" is AIT doing that has provided them this "other income". Is it sustainable? If it is not sustainable, why is it not an exceptional item? If it is a sustainable other business, we will know by Q4. Otherwise, that line should be an exceptional item.
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Loan restructuring. |
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Not sure. I have never done any research on the company.
__________________
The cheapest stock in an overvalued market may still be overvalued |
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