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Eveready FY15 Loss Ksh. 78Mn
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Pesa Nane
#11 Posted : Monday, October 03, 2016 11:20:45 AM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c
Quote:
(vi) The Company has 18.5 acres of land (Title No. Nakuru/Block 7/554 (the “Property”)) which is presently lying idle in Nakuru while continuing to incur maintenance cost. There is presently minimal commercial benefit accruing to the Company from the Property.

(vii) The Property represents 46% of the Company’s total asset portfolio based on the Company’s F2015 Audited Accounts.
Pesa Nane plans to be shilingi when he grows up.
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Sober
#12 Posted : Friday, October 07, 2016 8:44:46 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
A typical case of shareholders 'withdrawing' their money from the outfit

http://www.businessdaily...407578-n0t7sh/index.html
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Pesa Nane
#13 Posted : Monday, October 17, 2016 6:39:25 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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Angelica _ann
#14 Posted : Monday, October 17, 2016 6:44:28 PM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
Already expired, some companies cannot be rescued Sad Sad Sad
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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murchr
#15 Posted : Wednesday, October 19, 2016 6:22:47 PM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
BD wrote:
Energizer International products account for 80 per cent of the Nairobi Securities Exchange-listed Eveready East Africa’s total sales, the company disclosed Tuesday, indicating the huge importance of ongoing negotiations to renew the current distributorship agreement.


So if Energizer doesn't pen down an agreement this goose is cooked.
"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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Pesa Nane
#16 Posted : Thursday, December 22, 2016 11:22:11 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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murchr
#17 Posted : Friday, December 23, 2016 1:06:45 AM
Rank: Elder

Joined: 2/26/2012
Posts: 15,980
And its gone.

Eveready terminates Energizer products distribution contract
"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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Ebenyo
#18 Posted : Friday, December 23, 2016 6:44:42 AM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
The business of selling dry cells is now outdated.
Towards the goal of financial freedom
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Cornelius Vanderbilt
#19 Posted : Friday, December 23, 2016 9:29:37 AM
Rank: Member

Joined: 8/15/2015
Posts: 817
Ebenyo wrote:
The business of selling dry cells is now outdated.


kwani you digital decorder's remote and clock uses solar ?
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Ebenyo
#20 Posted : Friday, December 23, 2016 9:48:02 AM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
Cornelius Vanderbilt wrote:
Ebenyo wrote:
The business of selling dry cells is now outdated.


kwani you digital decorder's remote and clock uses solar ?


Will you invest in a company that relies its sales solely on those batteries? will struggle to make consistent profits and at most,will struggle to remain afloat.Eveready should be winded up.Its redundant.
Towards the goal of financial freedom
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