wazua Fri, Mar 27, 2026
Welcome Guest Search | Active Topics | Log In

2 Pages<12
No sign of Deacons FY 2010 results
Options
Previous Topic · Next Topic
Gordon Gekko
#11 Posted : Tuesday, June 21, 2011 5:16:38 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
VituVingiSana wrote:
I have the Financial Statements... I expect the mgmt to cry about exchange rates & such stuff...

You didn't mention that it is a whopping 36% growth in profits!!

http://www.nation.co.ke/...42/-/t9ba0a/-/index.html
Back to top
  |
VituVingiSana
#12 Posted : Tuesday, June 21, 2011 6:55:50 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
Okonkwo wrote:
I got their 2010 financials yesterday. They proposed a dividend I think 1.40 per share for those in register by 20 May 11. I need to offload a few am at 70/=. Anybody willing?
Check with Kestrel. There are buyers who want more shares.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
VituVingiSana
#13 Posted : Tuesday, June 21, 2011 7:18:14 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
OK... so Deacons is aggressive about expansion. The late opening of Galleria (Langata) made them miss the Xmas rush for those stores.

The CEO made 14mn in 2010 [Not bad!] Not sure about other benefits/perks.

30% sales happen during Xmas. New brands coming including babyshop which will be for expectant & new mothers.

90% of customers are women. Men are a tough market for them since their 'target' market go shopping abroad.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
amolo
#14 Posted : Tuesday, June 21, 2011 8:33:59 PM
Rank: Member

Joined: 1/29/2007
Posts: 70
Can't really count on expectant and new mothers. Their maximum contribution (of newborns) can only come once every financial yeas!
Back to top
  |
VituVingiSana
#15 Posted : Wednesday, June 22, 2011 12:57:21 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
amolo wrote:
Can't really count on expectant and new mothers. Their maximum contribution (of newborns) can only come once every financial yeas!
Kenyans breed like rats [among the world's highest birth rates]. Hopefully, enough of them can afford to shop at babyshop.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
2 Pages<12
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.