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  #61 (permalink)  
Old 11th November 2010, 03:43 PM
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Default Re: Beta Glass Plc

Quote:
Originally Posted by Waves View Post
BETA GLASS PLC
09 November 2010
Unaudited Q3 (September) 2010

Profit and Loss Information
Turnover 10 N8.066b 09 N7.810b
Profit Before Tax 10 N1.204b 09 N1.522b
Taxation 10 (N295.701m) 09 (N396.857m)
Profit After Taxation 10 N908.639m 09 N1.125b

Balance Sheet Information
Fixed Assets 30-09-10 N8.608b 31-12-09 N7.953b
Stock 10 N2.639b 09 N1.934b
Trade Debtors 10 N3.519b 09 N1.408b
Cash And Bank Balances 10 N177.453m 09 N150.566m
Other Debit Balances 10 N2.569b 09 N1.795b
Trade Creditors 10 N161.580m 09 N363.720m
Short Term Borrowings 10 N558.654m 09 N600m
Other Credit Balances 10 N4.898b 09 N1.146b
Working Capital 10 N3.287b 09 N3.179b
Net Assets 10 N9.085b 09 N8.524b
forward p.e of 6.42
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  #62 (permalink)  
Old 4th May 2011, 10:44 AM
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Default Re: Beta Glass Plc

Result Announcement
BETA GLASS PLC
03 MAY, 2011
Unaudited Q1 (March) 2011
Profit and Loss Information
Turnover 11 N3.330b 10 N1.681b Profit Before Tax 11 N488.813m 10 N1161.183m Taxation 11 (N105.508m) 10 (N39.403m) Profit After Tax 11 N383.305m 10 N121.780m
Balance Sheet Information
Fixed Assets 31-03-11 N8.410b 31-12-10 N8.751b Stock 11 N2.676b 10 N2.378b Trade Debtors 11 N2.824b 10 N2.011b Cash and Bank Balances 11 N197.370m 10 N438.543m Other Debit Balances 11 N2.051b 10 N2.378b Trade Creditors 11 N867.247m 10 N662.088m Short Term Borrowings 11 N24.578m 10 N99.188m Other Credit Balances 11 N5.067b 10 N4.547b Working Capital 11 N4.736b 10 N3.998b Net Assets 11 N10.200b 10 N9.816b
Corporate Actions
Proposed Dividend
Nil
Proposed Bonus
Nil
Payment Date
Nil
Closure Date
Nil
AGM Date
Nil
AGM Venue
Nil
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  #63 (permalink)  
Old 4th May 2011, 10:55 AM
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Default Re: Beta Glass Plc

Quote:
Originally Posted by aysok1 View Post
Result Announcement
BETA GLASS PLC
03 MAY, 2011
Unaudited Q1 (March) 2011
Profit and Loss Information
Turnover 11 N3.330b 10 N1.681b Profit Before Tax 11 N488.813m 10 N1161.183m Taxation 11 (N105.508m) 10 (N39.403m) Profit After Tax 11 N383.305m 10 N121.780m
These guys style just tire me....It's only quarterly results they release to the NSE. All we see at full year is dividend declaration and no results to back it up...
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  #64 (permalink)  
Old 6th August 2011, 07:05 PM
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Default Re: Beta Glass Plc

Looking at the fundamentals of this company this stock is cheap. The forward p.e is 3.5 and its trading at its 52 week low
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  #65 (permalink)  
Old 6th August 2011, 07:27 PM
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Default Re: Beta Glass Plc

Quote:
Originally Posted by nosa2 View Post
Looking at the fundamentals of this company this stock is cheap. The forward p.e is 3.5 and its trading at its 52 week low
Depending on your volume, this stock can be illiquid. I have experienced it.
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  #66 (permalink)  
Old 6th August 2011, 07:56 PM
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Default Re: Beta Glass Plc

Quote:
Originally Posted by Waves View Post
Depending on your volume, this stock can be illiquid. I have experienced it.
I intend to add it to my watch list and see how it trades. I'm looking at entering between october and november, assuming price stays low.
As per volumes I dont think I can put up to N1m in this stock so I dont think liquidity would be a major issue
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  #67 (permalink)  
Old 2nd April 2012, 04:16 PM
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Default Re: Beta Glass Plc

BETA GLASS plc rewards investors with 40k dividend in '11 Audited Result.
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  #68 (permalink)  
Old 21st September 2012, 02:31 AM
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Default Re: Beta Glass Plc

BETAGLAS forecasts N235.5m PAT - Proshare
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  #69 (permalink)  
Old 5th November 2012, 12:44 PM
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Default Re: Beta Glass Plc

http://www.nse.com.ng/Financial%20Ne...BER%202012.pdf
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  #70 (permalink)  
Old 7th January 2013, 07:42 PM
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Default Re: Beta Glass Plc

Quote:
Originally Posted by Dicobody View Post
what is responsible for the 50% drop in PAT
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  #71 (permalink)  
Old 7th January 2013, 08:37 PM
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Default Re: Beta Glass Plc

Quote:
Originally Posted by goldsun2 View Post
what is responsible for the 50% drop in PAT
take your pick(s)

turnover down by 8%
gross profit down by 23%
selling expenses up by 80%
admin expenses up by 5%
finance cost up by 286%
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  #72 (permalink)  
Old 7th January 2013, 11:26 PM
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Default Re: Beta Glass Plc

Quote:
Originally Posted by hispy99 View Post
take your pick(s)

turnover down by 8%
gross profit down by 23%
selling expenses up by 80%
admin expenses up by 5%
finance cost up by 286%
ok but why the drop in turnover
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  #73 (permalink)  
Old 8th January 2013, 07:41 AM
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Default Re: Beta Glass Plc

Quote:
Originally Posted by hispy99 View Post
take your pick(s)

turnover down by 8%
gross profit down by 23%
selling expenses up by 80%
admin expenses up by 5%
finance cost up by 286%
These are all the symptoms of a coy that is almost doomed!!

Why cant another glass coy just acquire them?
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  #74 (permalink)  
Old 8th January 2013, 11:42 AM
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Default Re: Beta Glass Plc

Quote:
Originally Posted by goldsun2 View Post
ok but why the drop in turnover
We discussed this a few years back, just read the posts
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  #75 (permalink)  
Old 8th January 2013, 11:52 AM
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Default Re: Beta Glass Plc

Quote:
Originally Posted by nosa2 View Post
We discussed this a few years back, just read the posts
i've seen it, you talk about the use substitute to bottle.
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  #76 (permalink)  
Old 8th January 2013, 12:43 PM
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Default Re: Beta Glass Plc

Quote:
Originally Posted by goldsun2 View Post
i've seen it, you talk about the use substitute to bottle.
I've always believed that as the popularity of plastic bottles grow demand for glass would fall
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  #77 (permalink)  
Old 8th January 2013, 01:19 PM
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Default Re: Beta Glass Plc

Quote:
Originally Posted by nosa2 View Post
I've always believed that as the popularity of plastic bottles grow demand for glass would fall
but people have to pay more to consume plastic bottled drinks
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  #78 (permalink)  
Old 8th January 2013, 01:29 PM
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Default Re: Beta Glass Plc

Quote:
Originally Posted by goldsun2 View Post
but people have to pay more to consume plastic bottled drinks
How so? in this era of recyclables?
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  #79 (permalink)  
Old 8th January 2013, 01:40 PM
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Default Re: Beta Glass Plc

Quote:
Originally Posted by duduspace View Post
How so? in this era of recyclables?
compare the price of same quantity of glass bottled and plastic bottled drinks by the same producer
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  #80 (permalink)  
Old 8th January 2013, 01:46 PM
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Default Re: Beta Glass Plc

Quote:
Originally Posted by goldsun2 View Post
compare the price of same quantity of glass bottled and plastic bottled drinks by the same producer
Haven't been in Naija for a while but plastic bottled drinks and tin cans are cheaper in the UK, infact when last did I see a glass bottle that wasn't for liquor?
I saw a soft drink in a glass bottle for N50 (on top of the crown) at a Naija shop recently, do those in plastic bottles cost more than that?
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