Business and Industry

Stock: Vita foam Nigeria plc

Price per share: N6.20

With N50,000 I bought 806 Shares of Stock

Week of January 31st – February 4th, 2010

Company Profile

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Vitafoam Nigeria Plc which has its headquarters located in Ikeja Lagos is one of the nation’s leading manufacturers of flexible, reconstituted and rigid foam products. It has the largest foam manufacturing and distribution network which facilitates just-in-time delivery of its products throughout Nigeria. Vitafoam Plc was incorporated on 4th August, 1962 and listed on the floor of the Nigerian Stock Exchange (NSE) in November 1978 under industrial and domestic products. Vitafoam’s successful brands remain household names in the country. The company’s vision to be the foam manufacturer of first choice is being achieved through its mission of continuously improving the products quality and providing world class after sales service. Its nature of business is manufacturing and distribution of polyether foam, reconstituted foam, rigid foam, polyester and vitabond.

Close Net Change

Monday N 6.20 0.00

Tuesday 6.20 0.00

Wednesday 6.20 0.00

Thursday 5.89 -0.31

Friday 5.66 - 0.23

Gain/Loss Shares Earnings

Monday (0.00) X...