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Paka 9 (Eveready) Not ready to slit our throats FY 2011?????
sparkly
#11 Posted : Sunday, January 29, 2012 8:34:41 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
mlennyma wrote:
Next step is sell of assets including factory..dividend will be two pieces of goat meat.i once owned 200shares of this rat.


the fate of this company is so predictable.

if you have shares, SELL and RUN. Management should liquidate this thing while its still solvent, otherwise creditors and shareholder will get nothing.
Life is short. Live passionately.
guru267
#12 Posted : Sunday, January 29, 2012 9:05:24 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
sparkly wrote:
the fate of this company is so predictable.

if you have shares, SELL and RUN. Management should liquidate this thing while its still solvent, otherwise creditors and shareholder will get nothing.


Im sure the total value of its individual assets are worth much more if sold seperately rather than if sold as a company..

If they continue like this below 1bob will definitely print in 2012..
Mark 12:29
Deuteronomy 4:16
QW25091985
#13 Posted : Sunday, January 29, 2012 11:50:53 AM
Rank: User

Joined: 1/24/2012
Posts: 1,675
Location: In Da Hood
i love speculating but this one i cannot even touch !
mlennyma
#14 Posted : Sunday, January 29, 2012 6:56:38 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Surely eveready should consider converting to a condom manufacturing company.
"Don't let the fear of losing be greater than the excitement of winning."
Aguytrying
#15 Posted : Sunday, January 29, 2012 8:56:05 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
What i wonder is. Energizer and duracell are doing well-i suppose as they are still in business. They sell their competing products in the same market at everneedy. And they are even more expensive. What i wonder is what ails everneedy?
The investor's chief problem - and even his worst enemy - is likely to be himself
VituVingiSana
#16 Posted : Monday, January 30, 2012 11:42:43 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
merali will make money... the rest of you are suckers!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
mukiha
#17 Posted : Monday, January 30, 2012 4:17:03 PM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
Aguytrying wrote:
What i wonder is. Energizer and duracell are doing well-i suppose as they are still in business. They sell their competing products in the same market at everneedy. And they are even more expensive. What i wonder is what ails everneedy?


Overheads; overheads; overheads. The problem is the factory with all its attendant overheads.

By the way Energizer is and Eveready product, though not manufactured in Kenya.

Eveready branded batteries are Zinc-Chloride based. Energizer and Duracell are alkaline. The latter lasts about six times the former and costs about three times the former.

In short, the alkalines are half the price of the Zn-Cls.

But, if they play it right, they can still get market for their ZnCl batts. The answer lies in LED torches.

I bought an Energizer LED camping lamp over 6 months ago and fitted kawaida Eveready batts. I went camping once and I have been using it during KPLC blackouts ever since. Still haven't changed the batts.

The only problem is that LED torches are expensive.... but I think there is a trick around this.

All told; I'm not touching this one....
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
FUNKY
#18 Posted : Tuesday, January 31, 2012 8:35:37 AM
Rank: Veteran

Joined: 4/30/2010
Posts: 1,635
mukiha
#19 Posted : Tuesday, January 31, 2012 8:43:55 AM
Rank: Elder

Joined: 6/27/2008
Posts: 4,114
Imagine you were an employee; would you support the impending lay-off?
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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