Capital oil

[knightofdelta]

Originally Posted by mosbe

I dont seems to understand... a company offering shares @ .50k and N1.00 simultaneously...?What does it portend? Can someone plz elaborate on it plz?

What it portends is disaster. Don't disturb yourself about what it means and don't look for elaboration. The only elaboration you need is AVOID CAPITAL OIL LIKE IT IS THE PLAGUE.

[thedoski]

i am intresting in know if mr ifeanyi uba the owner of capital oil limited ( not cap oil) has bought over cap oil or has mergered with cap oil cos i dont know the magic these guys want to play this time after the last saga in april/may

[dannynoko]

Originally Posted by knightofdelta

What it portends is disaster. Don't disturb yourself about what it means and don't look for elaboration. The only elaboration you need is AVOID CAPITAL OIL LIKE IT IS THE PLAGUE.

Well, I hope this time around, Capoil is for real and no more problems with SEC as they have been able to clear themselves to be listed back to the exchange. I hope that they play to the rule so that some of us that were trapped in the stock can finally get out when the market bounce back.

[123.rado]

http://www.nigerianbestforum.com/generaltopics/?p=4533

[hispy99]

Originally Posted by 123.rado

Capital Oil, NNPC seal fuel distribution pact
By LOUIS IBA
Monday, May 18, 2009
Sunnewsonline

Indigenous oil and gas firm, Capital Oil and Gas Industry Limited has signed a petroleum products storage and distribution pact with the Nigerian National Petroleum Corporation (NNPC).

[/COLOR]

I believe the company mentioned here is different from the Capital Oil listed on the NSE

[amajike]

Originally Posted by hispy99

I believe the company mentioned here is different from the Capital Oil listed on the NSE

You're quite right, capital oil is different from capital oil and gas. Capital oil and gas isnt quoted in the NSE and I remember they advertised in 1 financial std issue that they are not the same as capital oil.

[Taipan]

Capital Oil list wonder Bank funds on Exchange

Personal Finance Features and Tools

[pegheneji]

please what is the price the private placement of capoil was done. was any placement done at a price of 50k and another N1 or it is the par value that were 50k and 1N. you may please note that the ones that were traded in the exchage were at 25k parvalue and that led to the reconstruction. so at what cost did the new investor ( Wonderkank) buy at a par value of 50k.

[hispy99]

Originally Posted by pegheneji

please what is the price the private placement of capoil was done. was any placement done at a price of 50k and another N1 or it is the par value that were 50k and 1N. you may please note that the ones that were traded in the exchage were at 25k parvalue and that led to the reconstruction. so at what cost did the new investor ( Wonderkank) buy at a par value of 50k.

Sorry, but I don't have that information.

[pumping]

28-10-2009
CAPITAL OIL PLC AUDITED FINANCIAL REPORT FOR
THE YEAR ENDED 31ST DECEMBER 2008
PROFIT AND LOSS INFORMATION
2008 2007
TURNOVER N257.60m N219.93m
EXCEPTIONAL ITEM (N28.77m) (NIL)
LOSS PROFIT BEFORE TAXATION AND AFTER
EXCEPTIONAL ITEM (N37.65m) (N2.20m)
TAXATION (N1.76m) (N1.93m)
LOSS PROFIT AFTER TAXATION
(N39.41m) N0.27m

28-10-2009
CAPITAL OIL PLC AUDITED FINANCIAL REPORT FOR
THE YEAR ENDED 31ST DECEMBER 2008
PROFIT AND LOSS INFORMATION
BALANCE SHEET INFORMATION
FIXED ASSETS N980.32m N73.86m
STOCK N2.03m N1.50m
TRADE DEBTORS N56.41m N36.90m
CASH AND BANK BALANCES N36.98m N7.52m
OTHER DEBIT BALANCES N148.69m N0.33m
TRADE CREDITS (N3.65m) N3.70m
SHORT TERM BORROWINGS (N10.05m) (N1.70m)
OTHER CREDIT BALANCES (N1.20b) (N61.96m)
WORKING CAPITAL (N955.35m) (N15.81m)
NET ASSETS N13.34m N52.75m
NOTE EXCEPTIONAL ITEM EMANATED FROM A DISPUTED
DEBIT IN THEIR ACCOUNT BY AFRIBANK PLC FOR
A TRANSACTION THAT WAS NOT CONSUMMATED

[Pelete]

Thanks for the financial info on capital oil, i have been searching everywhere

[chrisekpo]

please O!! I seem to have aliddle problem. Is Capital Oil Plc the same thing as CAP PLC. Thanks.

[horlads]

Originally Posted by chrisekpo

please O!! I seem to have aliddle problem. Is Capital Oil Plc the same thing as CAP PLC. Thanks.

Bros, no enter one chance ooo...!!! CAP Plc is Chemical and Allied Paints Plc. They have no relationship whatsoever with Capital Oil

[chrisekpo]

Originally Posted by horlads

Bros, no enter one chance ooo...!!! CAP Plc is Chemical and Allied Paints Plc. They have no relationship whatsoever with Capital Oil

Thank you my brother, that is why i love SMN. I nearly enter one chance o!!!

[Salida]

NNPC, Capital Oil?s Kero-Direct Scheme creates 2,000 jobs