The phase angle, commonly quoted in asteroidal studies, is the Sun-Asteroid-Earth angle. The phase angle is one of several factors which determine the overall brightness of an asteroid. The yearsand are not included in the table because Vesta does not reach opposition in these years.
My take on five companies that released their results recently Nigeria German Chemicals It does not look good for Nigerian German Chemicals NGC with a second quarter loss of N million in June down from a profit after tax of N million in June The challenge for management here is a A corresponding cut in cost of sales by N million still left management looking for N million to break-even.
Interest charges of N million despite other income of N56 million was not enough to cover the hole created by the drop in sales. Stocks have built up in the face of the declining sales.
The positive takeaway from the second quarter for NGC is a steep drop in trade debtors, and short term borrowings. Working capital is now also positive with almost a doubling of cash balances. The increase in cash balances is however still less than half of outstanding current liabilities, an indication that liquidity is still tight.
NGC could not generate enough cash to cover interest payments due in the second quarter. The implication is that NGC may seek more short term borrowings in the third quarter unless there is a sharp increase in sales or steep cut operating expenses.
For a company struggling to improve sales, cutting operating expenses may be a tough choice. Universal Insurance Universal Insurance Plc has released its December result 12 months later than it should have been out.
Though the company is still in the red to the tune of N million, but shareholders could hold some comfort from the fact that it is less than a N2 billion loss made in Shareholders, may however be worried by a steep drop in gross premium, an indication that the company may be losing business.
Also of concern is a sharp rise in management expense against a steep drop in short term investments. Cash balances stand at just fraction of current liabilities. Though net assets stand at what looks like a healthy N8. Aso Savings and Loans A N million provision for non-performing loans has ensured that Aso Savings run into a N million loss in its second quarter result for the period ended September A N million increase in operating expenses despite a N million drop in earnings, also contributed to the loss announced by Aso Savings and loans.
Aso Savings operating cash flow was negative in the second quarter. Shareholders will hope this trend is reversed in subsequent quarters.
Perhaps hurt by the significant loans provisions that it has had to make in the second quarter, Aso loans and Savings cut new loans by about N8 billion in the second quarter despite taking in fresh deposits of about N10 billion.
This is no good news for millions of Nigerians seeking mortgage facilities to build their dream homes. Hopefully management may not need to make further significant provisions on the current loan portfolio of N28 billion in the remaining two quarters and cut down the interest on borrowings which despite a 41 per cent drop, still consumed N million of earnings in the second quarter.
Learn Nigeria Obviously, Nigerians are not learning going by Learn Nigeria Plc former Longman third quarter results for the period ended September The company, which is a leading seller of educational books in Nigeria, saw its sales slip 17 per cent to N1.
This translates to N million less cash spent by Nigerian on books compared to the same period of last year. With an educational system in shambles, certainly, the hope is that this trend does not continue.
Learn Nigeria Plc was however able to still announce a N59 million profit in the third quarter, marginally better than the profit made in the same period of Operating profit for the third quarter stood at a marginal N43 million.
Learn has just enough money to pay all its outstanding current liabilities without having to sell its stocks. On the flip side, Learn Nigeria is paying down its trade debtors within six months down from eight months in the same quarter of last year.
This may explain the noticeable depletion in cash balances by 23 per cent or N million within the period. Learn Nigeria will have to figure how to make Nigerians to start reading again or perhaps find some other good use for its current cash. Unless Management finds that perfect strategy soon, it may find itself with lots of books and no money.Deep-Sky Objects in the constellation includes nebulae (Messier 1, NGC , NGC ), star clusters (Messier 45, Caldwell 41, NGC , NGC , NGC , NGC ) and galaxies (NGC and NGC Taurus has two meteor shower associated with it called the Piscids.
Nov 23, · EARLY RELEASES \ 25 ANNIVERSARY EARLY RELEASES\ EARLY RELEASES. The item “ Silver American Eagle Set MS69 NGC $1 US Mint 30 Coins” is in sale since Sunday, November 18, Finder Chart for Asteroid (Minor Planet) 4 Vesta during its period of naked-eye visibility in , with positions marked at five day intervals (a Southern hemisphere view can be found here).
Vesta was positioned in Capricornus and was brighter than apparent magnitude + throughout the period shown, reaching a peak brightness (for this opposition) of + on August 5th. We present the results of a study of the planetary nebula NGC 40 with the use of the 3-D photoionization code Mocassin constrained by observational data of different types.
1 oz Gold American Buffalo NGC MS70 First Strike. We have multiple items of this product, you might get a different S/N than the picture shown. NGC Registry Awards 9/22/ - Every year, NGC awards the top Competitive Sets and Custom Sets in the NGC Registry.
To qualify, your sets must be registered by 5 p.m.
ET on December 2,