wazua Sat, Mar 28, 2026
Welcome Guest Search | Active Topics | Log In

5 Pages<1234>»
Eveready 2010 full yr results
Options
Previous Topic · Next Topic
the deal
#11 Posted : Wednesday, March 30, 2011 12:28:05 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
EPS 0.04 delisting is the only solution to this chronic losses.
Back to top
  |
mlennyma
#12 Posted : Wednesday, March 30, 2011 12:56:24 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Eveready is un able to compete with the simple chemists in town profit wise,diversify or die.
"Don't let the fear of losing be greater than the excitement of winning."
Back to top
WWW
  |
ecstacy
#13 Posted : Wednesday, March 30, 2011 1:02:00 PM
Rank: Elder

Joined: 2/26/2008
Posts: 4,449
Surealligator wrote:
Eveready super nine loses its swagger further

Turnover down by KShs.10M from KSh.1,645M in 2009 to KShs. 1,635M in 2010.

Total operating costs declined by KShs.79 M, a reduction of 19% due to lay-offs and slowed production .

Gross margin went up by only 4 percentage points to 24% due to the influences of a depressed Kenya shilling and the impact of an increase in the cost of Zinc which cost the company KShs. 40M.

Profit before tax down by a massive 65% to KShs.14.7M compared to the same period last year.

Profit after-tax down to a measly KShs. 8.7M from KShs.28M in 2009, 69% drop.

Basic and diluted earnings per share hit Kshs.0.04 down from KShs.0.13 recorded in 2009.

The directors recommended a Mbuzi at the companies premises on May 19 instead of paying a a dividend.

Shareholder funds grew by a meager 2.2% to KSh.403M.

The Annual General Meeting will be held on Thursday May 19,2011 at 11.00 am at the Company factory premises.


LMAO! Is it that hopeless? Innovation & expansion to other markets?
Back to top
  |
Impunity
#14 Posted : Wednesday, March 30, 2011 3:39:50 PM
Rank: Elder

Joined: 3/2/2009
Posts: 26,331
Location: Masada
Na hiyo mbuzi watengeneza wet fry too.
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
Back to top
  |
'user'
#15 Posted : Wednesday, March 30, 2011 3:47:44 PM
Rank: Veteran

Joined: 12/3/2010
Posts: 1,141
Location: Londokwe
with my 200 shares I will attend this.This is the highest return to ever get from paka.
2012 is here.Kenya is Ours.Be Part of The Peace Keeping Mission To Protect Our Motherland.Say No To Violence and Tribal Hatred .If you can read this,wewe ni mtu amesoma, usifikirie kama mtu hajaenda shule .Ni Hayo Tu
Back to top
  |
youcan'tstopusnow
#16 Posted : Wednesday, March 30, 2011 4:10:56 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Instead of Kenyans recycling condoms, the govt. has decided to import 73 million of them. Eveready could look for a partnership with the govt.smile
GOD BLESS YOUR LIFE
Back to top
WWW
  |
Cde Monomotapa
#17 Posted : Wednesday, March 30, 2011 10:45:00 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
After a long day...this just what i need..a big LOL!
Back to top
  |
QW25071985
#18 Posted : Wednesday, March 30, 2011 10:55:37 PM
Rank: Veteran

Joined: 3/25/2011
Posts: 946
Surealligator wrote:
Eveready super nine loses its swagger further

Turnover down by KShs.10M from KSh.1,645M in 2009 to KShs. 1,635M in 2010.

Total operating costs declined by KShs.79 M, a reduction of 19% due to lay-offs and slowed production .

Gross margin went up by only 4 percentage points to 24% due to the influences of a depressed Kenya shilling and the impact of an increase in the cost of Zinc which cost the company KShs. 40M.

Profit before tax down by a massive 65% to KShs.14.7M compared to the same period last year.

Profit after-tax down to a measly KShs. 8.7M from KShs.28M in 2009, 69% drop.

Basic and diluted earnings per share hit Kshs.0.04 down from KShs.0.13 recorded in 2009.

The directors recommended a Mbuzi at the companies premises on May 19 instead of paying a a dividend.

Shareholder funds grew by a meager 2.2% to KSh.403M.

The Annual General Meeting will be held on Thursday May 19,2011 at 11.00 am at the Company factory premises.


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly . what the heck is this company going ??????? i mean even with a rebounding economy they cannot post a profit.??????

this results are so ponographic they shld have come with a warning PG 35 . my goodness.
Back to top
  |
Cde Monomotapa
#19 Posted : Wednesday, March 30, 2011 11:35:23 PM
Rank: Chief

Joined: 1/13/2011
Posts: 5,964
Wapi Genghis Khan. Still need more similar fact evidence on EA Cables?
Back to top
  |
MIKEnya
#20 Posted : Thursday, March 31, 2011 1:48:43 PM
Rank: Hello

Joined: 3/31/2011
Posts: 4
Location: Mogadishu
Does anyone have any idea why so many of us are queing to purchase this counter at >= 2.35 ? This is one of the few counters were price went up after results. It had the worst results.

May be there is something we don't know.
Back to top
WWW
  | | Edit by user: Thursday, March 31, 2011 1:59 PM | Reason: Not specified
5 Pages<1234>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.