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youcan'tstopusnow
#11 Posted : Thursday, August 26, 2010 6:44:00 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
EABL pre-tax profit up 8.7 percent to 12.5 billion. www.businessweek.com/new...it-rises-sales-grow.html
GOD BLESS YOUR LIFE
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PKoli
#12 Posted : Thursday, August 26, 2010 7:31:21 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
youcan'tstopusnow wrote:
EABL pre-tax profit up 8.7 percent to 12.5 billion. www.businessweek.com/new...it-rises-sales-grow.html


Fairly flat. EABL has to look for regions to grow their profitability. Southern Sudan, Uganda and Tz. What hapenned to their intentions of venturing in Ethiopia? That is a huge market
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youcan'tstopusnow
#13 Posted : Thursday, August 26, 2010 11:50:35 PM
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Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
The story on Business Daily www.businessdailyafrica....20/-/a14osp/-/index.html
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VituVingiSana
#14 Posted : Friday, August 27, 2010 12:58:49 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
PKoli wrote:
youcan'tstopusnow wrote:
EABL pre-tax profit up 8.7 percent to 12.5 billion. www.businessweek.com/new...it-rises-sales-grow.html


Fairly flat. EABL has to look for regions to grow their profitability. Southern Sudan, Uganda and Tz. What hapenned to their intentions of venturing in Ethiopia? That is a huge market

The ethiopians are a bunch of socialists who attract food aid thus the lazy bastards don't want real competition...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Horton
#15 Posted : Friday, August 27, 2010 7:33:29 AM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Wow that is pretty flat!! Would have thought the lower duty on spirits + world cup would have boosted bottomline. Anyone notice that the eps is no just struggling back to what it was in 2008?? Alvaro, don't know what happened to it...does it still exist?? I also doubt the Serengeti purchase will significantly affect PBT growth.
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VituVingiSana
#16 Posted : Friday, August 27, 2010 2:32:02 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Horton wrote:
Wow that is pretty flat!! Would have thought the lower duty on spirits + world cup would have boosted bottomline. Anyone notice that the eps is no just struggling back to what it was in 2008?? Alvaro, don't know what happened to it...does it still exist?? I also doubt the Serengeti purchase will significantly affect PBT growth.

1) Lower duties only in 2H
2) World Cup was huge boost in 2H
3) Alvaro - Erm, I saw it on sale at Nakumatt jana...
4) Serengeti will also cost a bundle to buy...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Horton
#17 Posted : Friday, August 27, 2010 3:00:52 PM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Right
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  | | Edit by user: Friday, August 27, 2010 3:05 PM | Reason: Not specified
sheep
#18 Posted : Friday, August 27, 2010 3:28:31 PM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
could it be that keroche is starting to make a dent?
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
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My 2 cents
#19 Posted : Friday, August 27, 2010 11:18:44 PM
Rank: Veteran

Joined: 6/2/2010
Posts: 1,090
I did notice that admin expenses went up by 26% I hope mgt not using extra cash to pay higher salaries rather than grow business. current price too high given an eps of 9 bob and dim prospects of double digit growth.
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Gordon Gekko
#20 Posted : Saturday, August 28, 2010 4:06:29 AM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
I think the rot started when they pushed Gerald Mahinda upstairs.
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