| |
YEAR END 31 DECEMBER 2008 (AUDITED)
PROFIT AND LOSS ACCOUNTS INFORMATION
TURNOVER 08 N145.461b 07 N111.748b
PBTAXATION 08 N37.519b 07 N27.876b
TAXATION 08 (N11.818b)07 (N8.933b)
PATAXATION 08 N25.700b 07 N18.942b
CORPORATE ACTIONS PROPOSED DIV 50K(FINAL DIVIDEND)
TWO INTERIM OF N2.90K HAD BEEN PAID EARLIER.
ANNUAL GENERAL MEETING DATE MAY 20TH 2009
CLOSURE OF REGISTER MARCH 30TH TO APRIL 3RD 2009
PAYMENT DATE MAY 21ST 2009
AGM VENUE GRAND BANQUET HALL CIVIC CENTRE OZUMBA MBADIWE ROAD OPPOSITE 1004 ESTATES VICTORIA-ISLAND- LAGOS @ 10a.m.
NIGERIAN BREWERIES closed down -1.820 at 34.600. Volume was 89% above average (neutral) and Bollinger Bands were 40% narrower than normal.
Open High Low Close Volume___
36.42 37.650 34.600 34.600 2,825,141
Technical Outlook
Short Term: Neutral
Intermediate Term: Bullish
Long Term: Bearish
Price Trend Report:
5 Moving Average:Current price is below 5-period moving average: 35.54
21 Moving Average: Current price is above 21-period moving average: 33.81
LSQ Analysis: Current price is -35% below its price trend.
Bollinger Band Analysis: Price Volatility: Increasing; Price Trend: Not in trend (probably is in sideway or reversing);
Hurst Trend Analysis: Hurst Exponent: 0.9880, current trend will continue
--------------------------------------------------------------------------------
Technical Indicators Report: Value Tips
RSI 48.5
MACD 0.2
MTM 4.6
ADX 36.1 Not in trend, or trend is weakening.
CCI 4.3
DMI 45.1; 12.8 Buy Opportunity.
K%D 56.3; 76.3 Market is in down trend.
NVI -48.2
OBV -155304.9
PVI 58.9
For Short Term Investors, TAKE PROFIT NOW or Place your ENTRY between N30-N32.
For Long Term Investors , NB future Forecast is N41 range
Note: these price projections are for reference only, and can be easily exceeded by the market.
AbdulRasheed Momoh
TRW Stockbrokers Limited |
|