NIGERIAN BOTTLING COMPANY PLC, 3RD QUARTER ENDED
TURNOVER 08 N56.474b, 07 N48.687b

PROFIT BEFORE TAXATION 08 N1.331b, 07 N1.972b

TAXATION 08 (N357m) 07 (N294m)

PROFIT AFTER TAXATION 08 N974m, 07 N1.677b

STOCK 08 N11.749b, 07 N11.157b

TRADE DEBTORS 08 N2.039b, 07 N1.852b

CASH AND BANK BALANCES 08 N857m, 07 N686m

OTHER DEBIT BALANCES 08 N3.169b, 07 N2.801b

TRADE CREDITS 08 N12.530b, 07 N11.699b

SHORT TERM BORROWING 08 N9.147b, 07 N6.146b

OTHER CREDIT BALANCES 08 N9.273b, 07 N8.209b

WORKING CAPITAL 08 (N7.262b) 07 (N4.220b)

NET ASSETS 08 N23.780b, 07 N21.725b
TRW Stock Technical Analysis Summary Report

Price Trend Report:

Open High Low Close Volume___

21.52 21.520 20.60 21.20 213,678



Technical Outlook

Short Term: Neutral

Intermediate Term: Bullish

Long Term: Bearish



5 Moving Average: Current price is below 5-period moving average: 21.24

21 Moving Average: Current price is below 21-period moving average: 22.18

LSQ Analysis: Current price is -62% below its price trend.

Bollinger Band Analysis: Price Volatility: Decreasing (Sharp move); Price Trend: Not in trend (probably is in sideway or reversing);

Hurst Trend Analysis: Hurst Exponent: 1.0000, current trend will continue