MRS NIGERIA PLC (Former Chevron)

[saheewale]

bizhallmark.com - Bank PHB versus MRS: NUPENG begins strike

[aysok1]

MRS Oil Plc forecasts N253.7 billion Turnover for Q2 2011 - Proshare

[baotoghile]

MRS OIL NIGERIA PLC
20 May 2011 Audited Year Ended (December) 2010
Profit and Loss Information
Gross Income 10 N74.781b 09 N74.603b
Profit Before Tax 10 N2.887b 09
N1.721b Taxation 10 (N1.040b) 09 (N670.373m)
Profit After Taxation 10 N1.847b 09 N1.050b

Balance Sheet Information
Fixed Assets 10 N18.209b 09 N3.036b
Stock 10 N8.637b 09 N4.844b
Trade Debtors 10 N2.504b 09 N2.231b
Cash And Bank Balances 10 N2.899b 09 N2.208b
Other Debit Balances 10 N8.747b 09 N5.986b
Trade Creditors 10 N11.479b 09 N5.055b
Short Term Borrowings 10 N517.346m 09 N934.044m
Other Credit Balances 10 N10.472b 09 N9.351b
Working Capital 10 N2.860b 09 N1.069b
Net Assets 10 N18.528b 09 N2.965b

Corporate Actions
Proposed Dividend N1.25k
Proposed Bonus Nil
Payment Date 27th July 2011
Closure Date 11th – 15th July 2011
AGM Date 26th July 2011
AGM Venue Tahir Guest Palace, Kano State

[baotoghile]

MRS OIL NIGERIA PLC
10 August 2011
Unaudited Q2 (June) 2011
Profit and Loss Information
Turnover 11 N35.614b 10 N40.497b
Cost Of Sales 11 (N32.480b) 10 (N36.924b)
Profit Before Tax 11 N1.188b 10 N1.577b
Taxation 11 (N493.102m) 10 (N504.848m)
Profit After Tax 11 N695.767m 10 N1.072b

Balance Sheet Information
Fixed Assets 30-06-11 N18.331b 31-12-10 N18.209b
Stock 11 N11.898b 10 N8.637b
Trade Debtors 11 N2.838b 10 N2.504b
Cash and Bank Balances 11 N6.164b 10 N2.899b
Other Debit Balances 11 N13.761b 10 N8.747b
Trade Creditors 11 N16.136b 10 N11.479b
Short Term Borrowings 11 N3.586b 10 N517.346m
Other Credit Balances 11 N14.046b 10 N10.472b
Working Capital 11 N3.512b 10 N2.860b
Net Assets 11 N19.224b 10 N18.528b

[saheewale]

The Nation - Striking workers ground MRS

[lagosbuyer]

hello sir,
Am so intrested in buying this broker. So i want you to get back to me asap

[austine42007]

Originally Posted by lagosbuyer

hello sir,
Am so intrested in buying this broker. So i want you to get back to me asap

Oga lagosbuyer, na broker you won buy abi na stock (MRS OIL) you won buy?

Please specify!!!!

[Dicobody]

Latest Nigerian News from Thisday newspaper

[Picolena66]

BBC News - Chevron Nigeria gas well fire 'may burn for months'

[Picolena66]

Originally Posted by Picolena66

BBC News - Chevron Nigeria gas well fire 'may burn for months'

BBC News - Nigeria: Chevron gas rig fire stops burning

[nosa2]

Originally Posted by Picolena66

BBC News - Nigeria: Chevron gas rig fire stops burning

This news isn't related to MRS

[Picolena66]

Nigeria: Chevron Gas Rig Explosion Is Killing Us - Koluama Communities *
WHEN Vanguard visited Koluama I, Koluama 2, Temazau, Ebidouama and
other communities in Southern Ijaw Local Government Area of Bayelsa
State, which were affected by the January 16, 2012 explosion of a gas
rig, K.S Endeavour (Panama), near the North Apoi platform/field, west
of the Funiwa field, on Wednesday, February 22, it was observed that
neither the Chevron Nigeria Limited, CNL, operator of the rig nor the
Federal Government, had undoubtedly evaluated the environmental,
health and economic implications of the disaster on the people.
allAfrica.com: Nigeria: Chevron Gas Rig Explosion Is Killing Us - Koluama Communities

[baotoghile]

MRS OIL NIGERIA PLC
March 21, 2012
NOTICE OF BOARD MEETING
The Company has notified The Exchange that its Board of Directors will meet on March 23, 2012 to deliberate among other issues:
1. The Audited Financial Statements for the year ended December 31, 2011
2. The 43rd Annual General Meeting of the Company; and
3. Recommendation of dividend (if any)
It stated that the draft annual report will be forwarded to The Exchange after the Board Meeting.

[baotoghile]

Originally Posted by baotoghile

MRS OIL NIGERIA PLC
March 21, 2012
NOTICE OF BOARD MEETING
The Company has notified The Exchange that its Board of Directors will meet on March 23, 2012 to deliberate among other issues:
1. The Audited Financial Statements for the year ended December 31, 2011
2. The 43rd Annual General Meeting of the Company; and
3. Recommendation of dividend (if any)
It stated that the draft annual report will be forwarded to The Exchange after the Board Meeting.

Paying 75kobo ONLY!

[cashrules]

MRS OIL NIGERIA PLC
April 3, 2012
AUDITED ACCOUNTS - DECEMBER 31, 2011
Corporate Actions
Proposed Dividend 75 kobo
Proposed Bonus Nil
Qualification Date 15th June, 2012
Closure Date 18th – 22nd June 2012
AGM Date 11th July, 2012
Payment Date 12th July, 2012
AGM Venue Federal Palace Hotel, VI, Lagos @ 11.00 a.m.

Notes
The Company has informed The Exchange that it will soon forward the Full Audited 2011 Financial Statements.

[cashrules]

MRS OIL PLC
April 19th 2012
Audited Results (Dec, 2011)
Profit and Loss Information
Turnover 31-12-11 N70.952b 31-12-10 N74.781b
Cost of Sales 11 (N63.914b) 10 (N67.390b)
Admin & Distribution Expenses 11 (N5.027b) 10 (N4.485b)
Other Income 11 N287.050m 10 N317.070m
Interest & Similar Charges 11 (269.728m) 10 (90.819m)
Profit before Tax 11 N2.028b 10 N2.887b
Taxation 11 (N991.935m) 10 (N1.040b)
Profit after Tax 11 N1.036b 10 N1.847b

Balance Sheet Information
Fixed Assets 31-12-11 N17.676b 31-12-10 N18.209b
Long Term Investments 11 Nil 10 Nil
Stocks 11 N8.366b 10 N8.637b
Trade Debtors 11 N2.930b 10 N2.504b
Cash and Bank Balances 11 N8.421b 10 N2.899b
Other Debit Balances 11 N30.089b 10 N8.829b
Trade Creditors 11 N5.199b 10 N9.732b
Short term Borrowings 11 N21.003b 10 N517.347m
Other Credit Balances 11 N23.307b 10 N12.301b
Working Capital 11 N3.652b 10 N2.860b
Net Assets 11 N17.973b 10 N18.528b

Corporate Actions
Proposed Dividend 70 kobo
Proposed Bonus Nil
Qualification Date 15th June 2012
Closure Date 18th – 22nd June 2012
AGM Date 10th July 2012
Payment Date 11th July 2012
AGM Venue Federal Palace Hotel, VI, Lagos at 11.00 a.m.

Notes


Chai!!! na which bank borrow these guys all these money???

Just hoped its not UBA O....cos na another exceptional item e go be by year end..

[dr.abrahamb]

Originally Posted by baotoghile

MRS OIL NIGERIA PLC
20 May 2011 Audited Year Ended (December) 2010
Profit and Loss Information
Gross Income 10 N74.781b 09 N74.603b
Profit Before Tax 10 N2.887b 09
N1.721b Taxation 10 (N1.040b) 09 (N670.373m)
Profit After Taxation 10 N1.847b 09 N1.050b

Balance Sheet Information
Fixed Assets 10 N18.209b 09 N3.036b
Stock 10 N8.637b 09 N4.844b
Trade Debtors 10 N2.504b 09 N2.231b
Cash And Bank Balances 10 N2.899b 09 N2.208b
Other Debit Balances 10 N8.747b 09 N5.986b
Trade Creditors 10 N11.479b 09 N5.055b
Short Term Borrowings 10 N517.346m 09 N934.044m
Other Credit Balances 10 N10.472b 09 N9.351b
Working Capital 10 N2.860b 09 N1.069b
Net Assets 10 N18.528b 09 N2.965b

Corporate Actions
Proposed Dividend N1.25k
Proposed Bonus Nil
Payment Date 27th July 2011
Closure Date 11th – 15th July 2011
AGM Date 26th July 2011
AGM Venue Tahir Guest Palace, Kano State

My Ogas, abeg make una compare the cash flow in this 2010 result with the 2011 result below.

Originally Posted by baotoghile

MRS OIL NIGERIA PLC
March 21, 2012
NOTICE OF BOARD MEETING
The Company has notified The Exchange that its Board of Directors will meet on March 23, 2012 to deliberate among other issues:
1. The Audited Financial Statements for the year ended December 31, 2011
2. The 43rd Annual General Meeting of the Company; and
3. Recommendation of dividend (if any)
It stated that the draft annual report will be forwarded to The Exchange after the Board Meeting.

...normal I suppose

Originally Posted by cashrules

MRS OIL NIGERIA PLC
April 3, 2012
AUDITED ACCOUNTS - DECEMBER 31, 2011
Corporate Actions
Proposed Dividend 75 kobo
Proposed Bonus Nil
Qualification Date 15th June, 2012
Closure Date 18th – 22nd June 2012
AGM Date 11th July, 2012
Payment Date 12th July, 2012
AGM Venue Federal Palace Hotel, VI, Lagos @ 11.00 a.m.

Notes
The Company has informed The Exchange that it will soon forward the Full Audited 2011 Financial Statements.

Just wondering how soon after they met?

Originally Posted by cashrules

MRS OIL PLC
April 19th 2012
Audited Results (Dec, 2011)
Profit and Loss Information
Turnover 31-12-11 N70.952b 31-12-10 N74.781b
Cost of Sales 11 (N63.914b) 10 (N67.390b)
Admin & Distribution Expenses 11 (N5.027b) 10 (N4.485b)
Other Income 11 N287.050m 10 N317.070m
Interest & Similar Charges 11 (269.728m) 10 (90.819m)
Profit before Tax 11 N2.028b 10 N2.887b
Taxation 11 (N991.935m) 10 (N1.040b)
Profit after Tax 11 N1.036b 10 N1.847b

Balance Sheet Information
Fixed Assets 31-12-11 N17.676b 31-12-10 N18.209b
Long Term Investments 11 Nil 10 Nil
Stocks 11 N8.366b 10 N8.637b
Trade Debtors 11 N2.930b 10 N2.504b
Cash and Bank Balances 11 N8.421b 10 N2.899b
Other Debit Balances 11 N30.089b 10 N8.829b
Trade Creditors 11 N5.199b 10 N9.732b
Short term Borrowings 11 N21.003b 10 N517.347m
Other Credit Balances 11 N23.307b 10 N12.301b
Working Capital 11 N3.652b 10 N2.860b
Net Assets 11 N17.973b 10 N18.528b

Corporate Actions
Proposed Dividend 70 kobo
Proposed Bonus Nil
Qualification Date 15th June 2012
Closure Date 18th – 22nd June 2012
AGM Date 10th July 2012
Payment Date 11th July 2012
AGM Venue Federal Palace Hotel, VI, Lagos at 11.00 a.m.

Notes


Chai!!! na which bank borrow these guys all these money???

Just hoped its not UBA O....cos na another exceptional item e go be by year end..

...inspite of not investing in fixed assets, they garnered a very negative free cash; and are still paying a dividend of 70K?

This is not borrowing to pay O; I no know wetin e be!

[cashrules]

...inspite of not investing in fixed assets, they garnered a very negative free cash; and are still paying a dividend of 70K?

This is not borrowing to pay O; I no know wetin e be!

Maybe the chairman wan pay the dividend from im private Estate/Asset..

Wonders wonders all over NSE..