ABC Transport Fundamentals

[Michael]

Originally Posted by olusolakemmy

what i meant was that after six month, the warrant will no longer carry value, you will have to go thru the hassle of registrar to get another warrant, well thats at the extreme, warrant usualy arrive before the six month period

I wrote to UACN some time ago complaining about non reciept of my dividend warrant. They then sent me the warrant, but it was over 6 months old, so I sent it back to then for revalidation. I am yet to hear from them. This was over 18 months ago. A Question for forumites: If you think I still have UACN shares raise your hands. If you raised your hands scroll down to the end of this post


















You got to be kidding.

[knightofdelta]

Originally Posted by Michael

Was he not right? Your Answer show say you dey follow dey send the dividend warrants! After all na you dey drive the molue.

Shooo... I don put the ABC bus on autopilot. Investors don't like this company for whatever reason. But me o, I still dey gidigba..

[Michael]

Originally Posted by knightofdelta

Shooo... I don put the ABC bus on autopilot. Investors don't like this company for whatever reason. But me o, I still dey gidigba..

I hope say the Molue use better Original sealed battery. I hope say no be the one wey dem dey put acid charge overnight, that type no good for auto pilot! E go Fail, Its a question of when.

[hispy99]

Latest Market Info
ABCTRANS: 9 MONTHS REPORT SEPT 2008
ABC TRANSPORT PLC. 9 MONTHS RESULTS ENDED 30TH SEPTEMBER 2008.

TURNOVER 08 N2.870b 07 N2.390b

PBT 08 N259.704m 07 N196.746m

TAXATION 08 (N70.120m) 07 (N53.121m)

PAT 08 N189.584m 07 N143.624m

BALANCE SHEET INFORMATION

FIXED ASSETS 08 N2.436b 07 N2.038b

STOCK 08 N136.549m 07 N118.677m

TRADE DEBTORS 08 N111.689m, 07 N91.999m

CASH AND BANK BALANCES 08 N202.125m, 07 N78.920m OTHER DEBIT BALANCES 08 N119.314m, 07 N171.662m TRADE CREDITS 08 (N98.863m) 07 (N42.797m)

OTHER CREDIT BALANCES 08 (N1.078b) 07 (N687.346m)

WORKING CAPAITAL 08 (N608.180m) 07 (N1.316b)

NET ASSETS 08 N1.849b, 07 N1.777b
ABCTRANS closed down -0.080 at 1.990. Volume was 94% below average (consolidating)