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never ready eveready rising
subaru
#1 Posted : Tuesday, March 16, 2010 8:37:15 AM
Rank: Member

Joined: 3/15/2010
Posts: 391
Location: nairobie
going up n up a stock some people fear despite its high returns
guru267
#2 Posted : Tuesday, March 16, 2010 8:49:23 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
i really dont know why this stock is rising Think .... out of all the gainers this stock stinks of speculation probably because it is a penny stock...

its trading with a P/E of more than 30 and yet it has declining revenues/profits and faces increased competition so in otherwords it has zero fundamentals going for it....


Mark 12:29
Deuteronomy 4:16
selah
#3 Posted : Tuesday, March 16, 2010 10:34:09 AM
Rank: Elder

Joined: 10/13/2009
Posts: 1,950
Location: in kenya
I think this company, after restructuring and maintaining a lean staff, will see its revenue start growing especially from its diversified product portfolio.
'......to the acknowledgment of the mystery of God, and of the Father, and of Christ; 3 In whom are hid all the treasures of wisdom and knowledge.' Colossians 2:2-3
redondo
#4 Posted : Tuesday, March 16, 2010 12:22:44 PM
Rank: Member

Joined: 12/2/2009
Posts: 161
Location: nairobi
@ guru267 I agree with you. Eveready just doest make sense to me. I know that they are diversifying their portfolio but their core business is still largely based on a range of consumer batteries which are threatened by cheaper imports and the rural electrification program. i suspect the rally in their share price is temporary.
They should probably consider going into mobile phone batteries or something
VituVingiSana
#5 Posted : Tuesday, March 16, 2010 1:21:48 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
LOL.... NeverReady...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
yaserbigchair
#6 Posted : Tuesday, March 16, 2010 1:56:29 PM
Rank: Member

Joined: 7/19/2006
Posts: 118
Location: Mombasa
This stock has a lot of Demand, yesterday's were 420,000 demand over supply of 26,000 today's demand is 211,000 demand over supply of 94,000. The stock should be heading NORTH but I guess Kenyans are selling them cheap! They should reach 7.5 by end of this week "only if" Sellers should go for better price.
Sound that I love most: Is the ringing bell of Stock Market.
kizee
#7 Posted : Tuesday, March 16, 2010 2:09:50 PM
Rank: Member

Joined: 1/9/2008
Posts: 537
YASER IS BACK!
muganda
#8 Posted : Tuesday, March 16, 2010 2:58:11 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
yaserbigchair wrote:
This stock has a lot of Demand


Isn't it surprising how beautiful, elegant, full of character a stock looks when it's price is rising everyday? Dangerous...
guru267
#9 Posted : Tuesday, March 16, 2010 3:16:09 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@muganda you are right.. this stock may burn alot of people
Mark 12:29
Deuteronomy 4:16
sparkly
#10 Posted : Tuesday, March 16, 2010 9:03:02 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
I just don't get what drives this stock!
Life is short. Live passionately.
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