Vitafoam Nigeria (VITAFO.ng) listed on the Nigerian Stock Exchange under the Retail sector has released it’s 2015 annual report.For more information about Vitafoam Nigeria (VITAFO.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Vitafoam Nigeria (VITAFO.ng) company page on AfricanFinancials.Document: Vitafoam Nigeria (VITAFO.ng) 2015 annual report.Company ProfileVitafoam Nigeria Plc manufactures and sells a range of flexible, reconstituted and rigid foam products in Nigeria. It is the largest foam manufacturing company in the country with an extensive distribution network which includes exporting to other countries in Africa. Vitafoam is a household name in Nigeria and known for its quality products and being a leader in innovation and advanced sleep technology. Mattresses can be custom-made to customers’ requirements using contour cutting equipment. The company also provides foam products for mothers with children including changing mats, baby cot mattresses and feeding pillows. Rigid polyurethane foam manufactured by Vitafoam Nigeria Plc is used in the oil and gas, refrigeration, air-conditioning, poultry and office partitioning sectors. In 200, Vitafoam Nigeria Plc became the first foam manufacturing company in Nigeria to be awarded the NIS 9002 Certificate for its flexible and rigid polyurethane foam, fiber pillows, underlays and adhesives. The company expanded its operations to include Vitafoam Ghana Limited (2008) and Vitafoam Sierra Leone Limited (2009). Vitafoam Nigeria Plc has a major stake in Vono Products and established Vitapur Nigeria which manufactures insulation products; and Vitablom which processes fibre and other material for the upholstery layer. Its company head office is in Lagos, Nigeria. Vitafoam Nigeria Plc is listed on the Nigerian Stock Exchange
venture capital company end of greed and fear about technology investment
Phoenix Technology News Beijing on November 30th news, the growth period of venture capital firm OpenView Venture B2B software Partners founder and senior managing partner Scott · Maxwell (managing partner), said in science and technology blog TechCrunch wrote in the science and technology investment activities, a record high since 2000, technology companies listed transactions to reduce, even if the poor performance of listed the valuation of start-up companies, this decline, sparked another round of the technology bubble fears. Maxwell believes that the market will not be a repeat of 2001 and 2008 when the technology bubble burst, emotions of greed and fear about the investment in science and technology. Investor enthusiasm for investment frustrated, is currently being avoided, making it difficult for venture capital financing. The market fears will accelerate a number of users on the rapid growth of money startups die, some business model perfect entrepreneurial company’s growth may fall short, but can adjust itself to improve the gross profit margin decreased to external capital demand. But the market for start-up companies may not be the end of the gold rush, but the beginning of another round of the cycle.
below is the full text of the article:
in my 15 years as a venture capitalist, you can think of the market I have experienced.
two rounds of tech bubble burst
2000, I venture from the venture capital company Insight Venture Partners started. At that time, the stock market hit a record high, technology companies, both in the open market or private markets have been highly valued. Capital markets everywhere surging, startups burn faster market appeared a gold rush, all investors are trying to slice.
, however, we have witnessed the whole process of the bursting of the tech bubble.
time fast forward to 2006. This year, I created a growth stage B2B software venture capital firm OpenView Venture Partners. At that time, the market has been from the 2001 stock market crash came out, the investment capital is beginning to wind investment and technology start-ups back. As long as there is a reasonable idea and a reliable team, most startups can get the capital they need to grow. Although the investment environment was not as crazy as it was in 2000, it was close.
then, in 2008, we saw a bubble burst.
another round of bubbles?
‘s experience has led us to worry about today’s tech boom. At the same time that the current technology investment and venture capital activity has risen to its highest level since 2000, there is a concern that we are on the brink