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eveready@1.65!
TUPAC
#1 Posted : Tuesday, November 30, 2010 11:10:09 AM
Rank: Member

Joined: 12/8/2009
Posts: 274
Location: Ltktk
where is this share headed? today it has touched a low of 1.65. a share at sub 2 bob!
...things fall apart...the centre cannot hold..mere anarchy is loosed upon the world...w b yeats
Sober
#2 Posted : Tuesday, November 30, 2010 11:32:27 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
Two things might save this share price; share amalgamation 1:5 to avoid a non-Tradeable price of few cents.
Another prayer is a buyout. By who?
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
jerry
#3 Posted : Tuesday, November 30, 2010 11:39:25 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
Sober wrote:
Two things might save this share price; share amalgamation 1:5 to avoid a non-Tradeable price of few cents.
Another prayer is a buyout. By who?

@Sober. What about de-listing like UCHUMI until it's profitable? What are the rules?
The opposite of courage is not cowardice, it's conformity.
YOUNG ECONOMST
#4 Posted : Tuesday, November 30, 2010 11:40:07 AM
Rank: New-farer

Joined: 11/11/2010
Posts: 65
Location: NRB
To those who still hold Neveready, may the lord be with you.Pray Pray Pray Pray Pray Pray Pray Pray

"The opportunity of a lifetime must be seized during the lifetime of the opportunity."
mwanahisa
#5 Posted : Tuesday, November 30, 2010 12:01:34 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
Time to call out a Priest for the last rites. This company is officially now on a death watch. What a pity?!!!

But as we all know a bad share is a bad share. I trust that the folks who have been buying it knew they were getting into VERRY (to use the deal's language) RISKY BUSINESS.
Aguytrying
#6 Posted : Tuesday, November 30, 2010 1:09:01 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Not interested. on the bad list add. OCH, sameer, Access. we can feel sorry for ppl with these.
The investor's chief problem - and even his worst enemy - is likely to be himself
Sober
#7 Posted : Tuesday, November 30, 2010 1:09:29 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
Just a concern. Has the 10% rule been waived? For this counter to swing betweem 3bob and 1.65 per share.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
Much Know
#8 Posted : Tuesday, November 30, 2010 1:10:44 PM
Rank: Elder

Joined: 12/6/2008
Posts: 3,579
Saw it on news yesterday, there seemed to be like 3 people in the factory and the busiest one (and the one the CEO decided to stroll around) was handling a machine that looked like it was operating at a 10th of its capacity. Why don't they form a productions and distribution deal for the lamps of that CNN hero of the year?
Ras Kienyeji Man
bird_man
#9 Posted : Tuesday, November 30, 2010 1:28:23 PM
Rank: Veteran

Joined: 11/2/2006
Posts: 1,206
Location: Nairobi
Quote:
Why don't they form a productions and distribution deal for the lamps of that CNN hero of the year?


....They should have used the IPO money to get into cheap rechargeable "chinese" like phone batteries,power backup solutions etc...
Sasa inakaa ni kifo tu!Pray Bure Kabisa!
Formally employed people often live their employers' dream & forget about their own.
Gordon Gekko
#10 Posted : Tuesday, November 30, 2010 1:42:58 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Also saw the clip on TV last night and the thing that hit me was 'has modernization never been to Nakuru' ? It was so prehistoric manually making the batteries, manually covering them in cellophane paper, manually packing them in boxes - no wonder they can't compete on price, their hr costs must easily be by far their biggest input component. They need cash for serious modernization. There is still demand for DD batteries, so its not for the lack of a market. And that red jacket, Steve, it is not the stock exchange trading floor!!!
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