Japaul Oil

[billions]

Over 200m naira was made inQ1(PAT),over 260m Naira was made in Q2(PAT)but less dan 145m naira was made in Q3.

[nzemillion]

Pls, can someone kindly help me with the address of Sterling registrars .....thanks

[Job]

Originally Posted by nzemillion

Pls, can someone kindly help me with the address of Sterling registrars .....thanks

Sterling Registrars Limited,

Head Office,
24 Campbell Street,
Lagos.
Fax01) 2646582
Tel01) 2806987, 7303445
::Welcome to sterling Registra Limited::

But if you have any complaints you can go to their website and include your complaints there.

[austine42007]

my japaul oil certyificate has been dematerialize into my cscs account last week moonday

plz i we like some body with info about the secondary market to educate my on the cscs statement


i we like to know if their is any other statement one can obtain from cscs apart from the one that contain the list of list of company name

is the any other one apart from the investors account detail?, plz tell me

[zainabusman]

If there is one stock i want to get rid off it is Japaul. I bought during the PO. I am out of the door once it reaches N4.1. With a PE of over 30, this is one stock i am eager to get rid off.

[edunko]

Originally Posted by zainabusman

If there is one stock i want to get rid off it is Japaul. I bought during the PO. I am out of the door once it reaches N4.1. With a PE of over 30, this is one stock i am eager to get rid off.

i bought 100,000 units of this japauloil at 15 naira, my broker advised me to buy it then, know am in hot soup.

maybe at 15 naira, it will have a forward PE of 120 yrs

[billions]

Originally Posted by edunko

i bought 100,000 units of this japauloil at 15 naira, my broker advised me to buy it then, know am in hot soup.

maybe at 15 naira, it will have a forward PE of 120 yrs

Something like dat...

[zainabusman]

Originally Posted by edunko

i bought 100,000 units of this japauloil at 15 naira, my broker advised me to buy it then, know am in hot soup.

maybe at 15 naira, it will have a forward PE of 120 yrs

That is unfortunate.

It closed on strong bid today. My N4.1 is looking acheivable.

[tonidol]

Originally Posted by edunko

i bought 100,000 units of this japauloil at 15 naira, my broker advised me to buy it then, know am in hot soup.

maybe at 15 naira, it will have a forward PE of 120 yrs

I hope you guys will soon realize that most of these brokers knows next to nothing. I have learnt far more on this forum than from anywhere else.

I no longer seek the advise of my broker but only place orders with them. these brokers are quick to recommend a buy for sell orders they have not been able to execute. Worst still, they will always buy at the high end of the market if you refuse to give a price cap to them.

Barao Banza!!!

[zainabusman]

Originally Posted by tonidol

I hope you guys will soon realize that most of these brokers knows next to nothing. I have learnt far more on this forum than from anywhere else.

I no longer seek the advise of my broker but only place orders with them. these brokers are quick to recommend a buy for sell orders they have not been able to execute. Worst still, they will always buy at the high end of the market if you refuse to give a price cap to them.

Barao Banza!!!

True. The only time i listen to my brokers is when they say, it is on bid dont sell. Then i listen and sell off once a sign of weakness is seen. Like today they told me not to sell Japaul. I was willing to get out at a slight loss. But i am waiting based on their advice.

[austine42007]

Originally Posted by tonidol

I hope you guys will soon realize that most of these brokers knows next to nothing. I have learnt far more on this forum than from anywhere else.

I no longer seek the advise of my broker but only place orders with them. these brokers are quick to recommend a buy for sell orders they have not been able to execute. Worst still, they will always buy at the high end of the market if you refuse to give a price cap to them.

Barao Banza!!!

i think u are right and i do advise ever investor in this forum not to listen to them it has happen to me as well but the day they rcommend for was the day i came in the secondary market and that day i knew it . i knew they were selling their own stock in an higher price to their client i even mention this in one of the forum here in the SMN forum

[miracleadewolu]

I bought Japaul during the last PO but till now, I am yet to have the shares creditted to my cscs account nor a certificate sent to me. Can anyone advice on what to do next.

Miro

[citizen]

INTELS boss shot dead in PH
Written by George Onah
Thursday, 13 November 2008
The Deputy General Manager of Integrated Logistics Services, INTELS, Ltd. Mr. Chuks Ihuoma has been shot dead by unknown gunmen in Port Harcourt, Rivers State.
Ihuoma was reportedly gunned down, Tuesday, at point-blank range at the entrance of his house, in Rumubekwe Housing Estate at about 9.30 p.m. when some AK47-carrying men accosted him. He was without his police security detail.

On completion of their assignment, the men left without removing anything from his vehicle. Nine expended rounds of ammunition were found at the scene of the shooting. However, he was rushed to the hospital where he was confirmed dead by doctors.

Confirming the incident, Police PRO Rita Inoma-Abbey (a DSP) said the motive of the killing had not been unraveled and that “investigations are on to find the killers of the man.”

Vanguard gathered that the wife of the slain DGM has just been delivered of a set of twin babies also that Ihuoma resumed work recently after his annual vacation.

The PR Manager of INTELS Dr. Ken Fash Ayegbemi said the “loss of Ihuoma is a colossal loss” to the outfit. “Ihuoma was a gentle and humble man who loved his job, family and colleagues




SEE HOW CHEAP LIFE IS IN THIS COUNTRY. NO WONDER OUR BEST RAINS ARE LEAVING.
WHAT IS THE USE OF BEING SO RICH AMIDST THIS INSECURITY?

[mosbe]

Japaul Faces A Decline
By Emele Onu, Finance Editor

Many analysts are of the opinion that Japaul Nigeria Plc hasn't the fundamentals to support any price surge, even with the expected rebound of the nation's capital market, anytime next year.

The stock has been trading below N3 per share, reflecting not just the negative influence of the bears but the unimpressive third quarter management account. That performance presents a major clog to the movement of the company on the share price ladder.

Japaul's trailing earnings per share (eps) is low for an equity that had risen to as much as N15 per share.

In the third quarter to September 30 2008 the company reported eps of 7 kobo, which was far lower than the 27 kobo declared in the comparable period of the previous year by 63 percent.

With that low performance, full year eps is expected at below 20 kobo per share. The capacity of Japaul to make money for its shareholders has been watered down due to expansion in the units of shares, resulting from the past public offer. To the extent that that important shareholder ratio will take time to move up again, Japaul can only be targeted for long term investment purposes.

The company's shares structure was watered down by the effect of supplementary listing of fresh shares on the Nigerian Stock Exchange, following the conclusion of the last public offer.

The organisation had floated a hybrid offer of 1 billion ordinary shares of 50 kobo each at N3.95 per share to the investing public as well as 291.549 million ordinary shares of 50 kobo each at N3.50 per share by way of rights to the existing shareholders.

The way out for the company and the management is to skyrocket the eps position to the level it can cover the expansion in the number of shares on issue.

However, owing to the level of growth the organization witnessed on the topline as well as on margin, some analysts believe it is matter of time eps will return on the upbeat.

Turnover increased in the third quarter by 44 percent from N1.79 billion to N2.57 billion while net profit advanced by 97 percent from N317 million to N610 million. Interestingly, profit margin rose by 24 percent against 18 percent it recorded in the corresponding period of the previous year.

Japaul's management has assured investors enhanced returns on their investment.

According to the Managing Director, Paul Jegede, the outfit is expanding tremendously having won juicy contracts.

Shared information about new businesses and contracts in the stable of the company buoyed its performance on the share price movement ladder up to this year.

Japaul is currently executing big contract deals for foremost blue chip multinational upstream operator, Shell Petroleum.

That may have strengthened the books in the past year.

For the year ended December 31, 2007 it declared an increase in turnover by 48 percent to N1.48 billion from N1 billion the previous year.

Profit after tax (PAT) jumped by 155 percent to N468 million in December 2007 as against N184 million in 2006.

All things being equal, the fundaments will improve in the next few years. Given the size of the business it has with Shell, which is generally described in superlative terms, analysts foresee bigger earnings, profits and share price appreciation.

With the advantage of new businesses and demonstrated performance track tracks, one can take position in the stock - particularly now it is trading at a further year low.

Judging from where the oil services company is coming from; the operations have improved significantly.

In 2001, it incurred a net loss of N5.9 million. At that time it was relatively a small player with market turnover of about N213 million. Sales declined in 2003 to N198. 6 million. Notwithstanding the drop in gross earnings at the time, it netted a total N20.8 million with a net profit margin of 10 percent.

By 2003, the operating capacity had expanded, obvious from the 1,735 percent growth in shareholders' fund at the time -from N23.7 million in 2002 to N434 million in 2003.

Given the expansion in owners' equity, turnover in 2003 made over a doubling at N434.8 million while profit after tax stood at N87.9 million.

In further assessment, opportunities from local content make the company's business attractive.

If the management can surmount current challenges hovering mainly on the eps position, the equity will appeal to the discerning investor

[olusolakemmy]

really, so what are we saying here?
japaul even at N2 is over priced?
na wa oooooooo

[mosbe]

Originally Posted by olusolakemmy

really, so what are we saying here?
japaul even at N2 is over priced?
na wa oooooooo

This is what happens when a company's Profit is not commensurate to the "Too Many" listed shares of the company.