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Car & General FY15 Profit Warning
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Pesa Nane
#1 Posted : Thursday, August 06, 2015 7:55:03 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
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hisah
#2 Posted : Thursday, August 06, 2015 8:03:01 PM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
Those fx losses will snowball and devour any profits this year. Internally, the treasury accountants in many firms will be thoroughly punished as those fx losses pile up and blame shifting starts Sad
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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VituVingiSana
#3 Posted : Thursday, August 06, 2015 8:53:34 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,353
Location: Nairobi
The best business to be in is lending GoK money!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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