My earlier statement 'There seems to be a disconnect between the company fundamentals and market fundamentals' should actually have read '... a disconnect between the company fundamentals and market sentiment'.

On the backdrop that the company will be diversifying its product offer to include baby care products one wonders whether venturing into such an untested market only increases the company's risk profile.

Its 2009 report pitted short-term borrowings (read payable within a year) of Ksh 362 million against cash reserves of Ksh 62 million. I'd like to know how that was resolved. Thus significant financial risk for this company prevails in a declining market.

For some reason the market seems to have turned the proverbial blind eye.

Somebody here said paka will start manufacturing condoms how far is that?

Then there are those toys they can sell... and which need batteries...

How low can this baby go? 2.50? Nothing good fundamentally with this company. Some guys are speculating in poor companies in the hope that they will be bought e.g hoping that some Chinese will pop up to 'save' Eveready (possible) But I feel that it would be a better choice to speculate on stronger well managed companies which could also be subject to a takeover e.g. HF, NBK. This way, if a takeover is not forthcoming, the company can still perform. Better than clinging on to cats down to their 9th life. By the way, the share has lost 25 p.c since this topic was started. Same as Mumias (2 worst price drops since Sep 3rd)

Its the high time they changed the name from Eveready to Daipeready. Its like a daiper which has been used and ready for disposal.

Happy to join this family.