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EA Cables FY 2015 profit after tax Down 314%
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littledove
#1 Posted : Wednesday, March 30, 2016 12:04:36 PM
Rank: Veteran

Joined: 7/1/2014
Posts: 927
Location: sky
EastAfrica Cables profit after tax Down 314%

East African Cables reported a loss of 1.09billion shillings for 2015
The firm, which makes cables for the utility and
telecoms industries and households, said
disruptions to output as it upgrades a factory in
Kenya, as well as foreign exchange losses and
depressed demand due to political uncertainty
all hurt its performance for the year.
It posted a pretax profit of 507.5 million shillings
in 2014. Revenue dropped to 3.7 billion shillings
from 5 billion in 2014, the company said.
It posted a loss per share of 2.21 shillings from
positive 1.16 shillings in 2014.
The company directors did not recommend a
dividend payment.

---
Full results link https://view.publitas.co...dec-2015-notice-of-agm/
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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  | | Edit by moderator: Wednesday, March 30, 2016 12:14 PM | Reason: results link
Pesa Nane
#2 Posted : Wednesday, March 30, 2016 12:07:21 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
EA Cables FY15



Full results link https://view.publitas.co...dec-2015-notice-of-agm/
Pesa Nane plans to be shilingi when he grows up.
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  | | Edit by moderator: Wednesday, March 30, 2016 12:16 PM | Reason: results link; merged
Pesa Nane
#3 Posted : Wednesday, March 30, 2016 12:09:51 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
No Div

AGM 28 April 2016
Pesa Nane plans to be shilingi when he grows up.
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mlennyma
#4 Posted : Wednesday, March 30, 2016 12:10:56 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
littledove wrote:
East African Cables reported a loss of 1.09billion shillings for 2015
The firm, which makes cables for the utility and
telecoms industries and households, said
disruptions to output as it upgrades a factory in
Kenya, as well as foreign exchange losses and
depressed demand due to political uncertainty
all hurt its performance for the year.
It posted a pretax profit of 507.5 million shillings
in 2014. Revenue dropped to 3.7 billion shillings
from 5 billion in 2014, the company said.
It posted a loss per share of 2.21 shillings from
positive 1.16 shillings in 2014.
The company directors did not recommend a
dividend payment.

---
Full results link https://view.publitas.co...dec-2015-notice-of-agm/

competing with transcentury who will die first
"Don't let the fear of losing be greater than the excitement of winning."
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  | | Edit by moderator: Wednesday, March 30, 2016 12:15 PM | Reason: results link
mlennyma
#5 Posted : Wednesday, March 30, 2016 12:15:17 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Pesa Nane wrote:
No Div

AGM 28 April 2016

according to me its negative and worth 0 shillings
"Don't let the fear of losing be greater than the excitement of winning."
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Boris Boyka
#6 Posted : Wednesday, March 30, 2016 12:25:38 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
mlennyma wrote:
Pesa Nane wrote:
No Div

AGM 28 April 2016

according to me its negative and worth 0 shillings

When I exited @16.xy last year it was a nice move. Anyway... That loss is colossal.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Metch
#7 Posted : Wednesday, March 30, 2016 12:41:36 PM
Rank: Member

Joined: 12/22/2015
Posts: 224
Location: Mombasa, Kenya
mlennyma wrote:
littledove wrote:
East African Cables reported a loss of 1.09billion shillings for 2015
The firm, which makes cables for the utility and
telecoms industries and households, said
disruptions to output as it upgrades a factory in
Kenya, as well as foreign exchange losses and
depressed demand due to political uncertainty
all hurt its performance for the year.
It posted a pretax profit of 507.5 million shillings
in 2014. Revenue dropped to 3.7 billion shillings
from 5 billion in 2014, the company said.
It posted a loss per share of 2.21 shillings from
positive 1.16 shillings in 2014.
The company directors did not recommend a
dividend payment.

---
Full results link https://view.publitas.co...dec-2015-notice-of-agm/

competing with transcentury who will die first


this one is not about to die. the stock will bleed for a while but that's about it. good thing they got a sales and distribution maestro at the helm now
Start!
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mlennyma
#8 Posted : Wednesday, March 30, 2016 1:17:55 PM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
Metch wrote:
mlennyma wrote:
littledove wrote:
East African Cables reported a loss of 1.09billion shillings for 2015
The firm, which makes cables for the utility and
telecoms industries and households, said
disruptions to output as it upgrades a factory in
Kenya, as well as foreign exchange losses and
depressed demand due to political uncertainty
all hurt its performance for the year.
It posted a pretax profit of 507.5 million shillings
in 2014. Revenue dropped to 3.7 billion shillings
from 5 billion in 2014, the company said.
It posted a loss per share of 2.21 shillings from
positive 1.16 shillings in 2014.
The company directors did not recommend a
dividend payment.

---
Full results link https://view.publitas.co...dec-2015-notice-of-agm/

competing with transcentury who will die first


this one is not about to die. the stock will bleed for a while but that's about it. good thing they got a sales and distribution maestro at the helm now

this are the same pple in tranny and need to be investigated for now I will keep off anywhere they are mentioned
"Don't let the fear of losing be greater than the excitement of winning."
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  | | Edit by user: Wednesday, March 30, 2016 1:19 PM | Reason: Not specified
streetwise
#9 Posted : Wednesday, March 30, 2016 1:40:27 PM
Rank: Veteran

Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
Another falsewood
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Metch
#10 Posted : Wednesday, March 30, 2016 3:02:40 PM
Rank: Member

Joined: 12/22/2015
Posts: 224
Location: Mombasa, Kenya
mlennyma wrote:
Metch wrote:
mlennyma wrote:
littledove wrote:
East African Cables reported a loss of 1.09billion shillings for 2015
The firm, which makes cables for the utility and
telecoms industries and households, said
disruptions to output as it upgrades a factory in
Kenya, as well as foreign exchange losses and
depressed demand due to political uncertainty
all hurt its performance for the year.
It posted a pretax profit of 507.5 million shillings
in 2014. Revenue dropped to 3.7 billion shillings
from 5 billion in 2014, the company said.
It posted a loss per share of 2.21 shillings from
positive 1.16 shillings in 2014.
The company directors did not recommend a
dividend payment.

---
Full results link https://view.publitas.co...dec-2015-notice-of-agm/

competing with transcentury who will die first


this one is not about to die. the stock will bleed for a while but that's about it. good thing they got a sales and distribution maestro at the helm now

this are the same pple in tranny and need to be investigated for now I will keep off anywhere they are mentioned


someone please explain to me 'impairment of receivables'. why is it featuring for the first time in their report? is it a write-off in the works?
Start!
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