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Eveready is gaining fast
Rank: Veteran Joined: 6/23/2011 Posts: 1,740 Location: Nairobi
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since the profitability seems to be coming from disposal of assets, how will Eve do a repeat performce, which is what i would be looking for....
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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guru267 wrote:hisah wrote:ProverB wrote:wow!!! someone paid 2.50 for a monkey!! Nice pet. Bid 1,800 @2.50
VWAP will close at 2.25 - up 21.6%
All the best to the speculators in this titanic...
No one is speculating! P/E is 7 and P/B is 1.2 after the latest results! That is cheap! @guru, why do u want to mislead people. This thing is DEAD! Receive with simplicity everything that happens to you.β β Rashi
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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guru267 wrote:hisah wrote:ProverB wrote:wow!!! someone paid 2.50 for a monkey!! Nice pet. Bid 1,800 @2.50
VWAP will close at 2.25 - up 21.6%
All the best to the speculators in this titanic...
No one is speculating! P/E is 7 and P/B is 1.2 after the latest results! That is cheap! Cheap on what revenues? Selling assets to return to profitability with no strategic vision of growing revenues. Hii ni biashara gani?$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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NAIROBI | Thu Dec 6, 2012 2:44am EST Dec 6 (Reuters) - Kenyan dry cell battery maker Eveready said on Thursday cost cuts helped the group return to a pretax profit of 69 million shillings ($802,300) for the year to the end of September from a loss in the previous financial year. The cost reductions led to a 4 percent improvement in its gross margin, while revenue was stable at 1.4 billion shillings. "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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murchr wrote:
NAIROBI | Thu Dec 6, 2012 2:44am EST Dec 6 (Reuters) - Kenyan dry cell battery maker Eveready said on Thursday cost cuts helped the group return to a pretax profit of 69 million shillings ($802,300) for the year to the end of September from a loss in the previous financial year.
The cost reductions led to a 4 percent improvement in its gross margin, while revenue was stable at 1.4 billion shillings.
Good news. But that is soo yesterday! @SufficientlyP
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Rank: Elder Joined: 9/23/2010 Posts: 2,220 Location: Sundowner,Amboseli
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ProverB wrote:wow!!! someone paid 2.50 for a monkey!! Nice pet. This one will certainly go down as the funniest joke of 2012 @SufficientlyP
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Rank: Elder Joined: 6/20/2012 Posts: 3,855 Location: Othumo
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No transaactions today, what up? Thieves
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Rank: Member Joined: 5/8/2013 Posts: 386 Location: Nyali mombasa
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thinking of taking up this thing for long term say 10 years,they seem to be up to something although still unclear what that could be...
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Wish you well!!!!! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Kihara joni wrote:thinking of taking up this thing for long term say 10 years,they seem to be up to something although still unclear what that could be... That something could be suspension from nse. All the best. Life is short. Live passionately.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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sparkly wrote:Kihara joni wrote:thinking of taking up this thing for long term say 10 years,they seem to be up to something although still unclear what that could be... That something could be suspension from nse. All the best. βIn the short-term, the market is a voting machine, but in the long-term, it is a weighing machine.β - Benjamin Graham
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Kihara joni wrote:thinking of taking up this thing for long term say 10 years,they seem to be up to something although still unclear what that could be... I have the same opinion... On any market its always best to weed out all the noise and herd mentality for maximum success! Mark 12:29 Deuteronomy 4:16
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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guru267 wrote:Kihara joni wrote:thinking of taking up this thing for long term say 10 years,they seem to be up to something although still unclear what that could be... I have the same opinion... On any market its always best to weed out all the noise and herd mentality for maximum success! Insider info?! The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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guru267 wrote:Kihara joni wrote:thinking of taking up this thing for long term say 10 years,they seem to be up to something although still unclear what that could be... I have the same opinion... On any market its always best to weed out all the noise and herd mentality for maximum success! And there comes @gurus 'get out of jail' card Pesa Nane plans to be shilingi when he grows up.
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Rank: Member Joined: 5/8/2013 Posts: 386 Location: Nyali mombasa
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jerry wrote:guru267 wrote:Kihara joni wrote:thinking of taking up this thing for long term say 10 years,they seem to be up to something although still unclear what that could be... I have the same opinion... On any market its always best to weed out all the noise and herd mentality for maximum success! Insider info?! nope...been having luck like bought 1m safcom at 2.60/- look where it is now, but am approaching paka cautiously, but waah you guys make it sound like am heading full speed to an abyss
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Kihara joni wrote:jerry wrote:guru267 wrote:Kihara joni wrote:thinking of taking up this thing for long term say 10 years,they seem to be up to something although still unclear what that could be... I have the same opinion... On any market its always best to weed out all the noise and herd mentality for maximum success! Insider info?! nope...been having luck like bought 1m safcom at 2.60/- look where it is now, but am approaching paka cautiously, but waah you guys make it sound like am heading full speed to an abyss These two businesses are very different, no one buys batteries in Kenya anymore, add cheap brands. safcom is the King in the telco business apart from price there's no other relation "There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore .
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Rank: Member Joined: 5/8/2013 Posts: 386 Location: Nyali mombasa
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murchr wrote:Kihara joni wrote:jerry wrote:guru267 wrote:Kihara joni wrote:thinking of taking up this thing for long term say 10 years,they seem to be up to something although still unclear what that could be... I have the same opinion... On any market its always best to weed out all the noise and herd mentality for maximum success! Insider info?! nope...been having luck like bought 1m safcom at 2.60/- look where it is now, but am approaching paka cautiously, but waah you guys make it sound like am heading full speed to an abyss These two businesses are very different, no one buys batteries in Kenya anymore, add cheap brands. safcom is the King in the telco business apart from price there's no other relation just dug in for info and how it looks the only thing promising is their venture in to real estate although nothing seems to be going on,let me see where else I can bury my money. KQ, HF lets see..
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Rank: Member Joined: 11/1/2013 Posts: 257
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2013 H1 ended march: PAT 79.5% down,someone paid 3.0 today , my opinion : its still a monkey. market today:Demand > 300,000 . supply 2000 comment:something cooking, demand is to high going by the H1 poor results Updates:FY results expected in somewhere in the 1st week of Dec going by the 6/12/12 previous announcement date. No diagnosis,no pragnosis,no pragnosis no profit......Jesse livermore
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Huge prime Property portfolio could make it a potential takeover target! Mark 12:29 Deuteronomy 4:16
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Eveready is gaining fast
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