Someone said to me, when buying something, ask yourself who's making the money. @Tony stark, agree about the attention, last words...
As @guru267 says, in terms of past growth, they've shown an average rate of ~35%. For 2009, 16% earnings growth, 30% growth in sales (21% attributable to new stores, 8% organic growth). They expect to open 2 more stores (Galleria) by year end.
@erifloss good insight.
Gearing ratio
32%Dividends cover
3.33Net Asset Value per share
KShs 21.58Liquidity Ratio: Current 1.4 (2 is good), Quick Acid 0.18 (1 is good)Year 2008 is their best year to date with 38.6% organic growth, and increase in gross profit margin by 7%
And on @obiero, Deacons analysis of retail fashion industry shows:
LSM1-6 rural urban slum dwellers, casual workers, purchase mitumba.
LSM7-8 permanent employment using public private transport, generally buy clothes from exhibition stalls imported from the Far East.
LSM9-17 upper and middle class buy clothes from their shops and their competitors e.g. Enkarasha, Nakumatt, Bata, Tuskys etc.
To note Bata Shoes has 102 stores - impressive. Didn't know Melablooms has 5 stores; Manix/Levi 5 stores; City Walk 4 stores; Sir Henry's 3 strores.
@madebe, no prospectus in soft. Link to @surealligator fact sheet here
http://www.mediafire.com/?p77cmqmhwf6n52aI see CDSC Registrars and their attempts at diversity will benefit as being Registrars for this one.