The year end of a company is the month the financial year of that company is assumed to be ending. i.e., it started December previous year and will close December next year. One full year of operation.
However, year end is very important in any investor or aiming investors. This is because it helps to take decisions on investment; when to buy and when to sell.
Quarterly results
This result is mandated to any company listed on the Nigerian Stock Exchange to publish quarterly. It is the result of a company’s quarterly (3 months) financial operation.
These results are published on any national newspaper and can also be viewed online at the exchange’s website.
Year end of some companies
Visit www.nigerianstockexchange.com for full list.
Advice to investors
Though we might not have met physically, but through this piece we have. As an investor/ aiming investor, it will do you much good to adhere to these advices for a bountiful harvest.
INFORMATION: this is a market where information rules. Be informed on regular basis. Read “Stock watch weekly”, “Financial Standard newspaper”, “Business Day” etc., for more enlightenment on the stock market.
TRUST: do not over trust a company no matter how well they might be doing. Diversify your investment. Buy the stocks of several companies.
MONEY: do not put all your eggs in one basket. Please, invest only what you can endure in case of loss. The profit you make id determined by the risk you take.
SELLING: sell the least performing stock to buy more of the high performing stock.
GREED: do not be greedy. You cannot take all the benefit of a particular stock.
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