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EAAGADS FY15
Rank: Veteran Joined: 11/13/2015 Posts: 1,654
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Ebenyo wrote:wukan wrote:Ebenyo wrote:A company with no official website? We are only 663 shareholders here why do we need a website? We sell and grow coffee beans which only enables the company meet operating costs. We have prime land and zero loans in our books. We love it that way  After the sale of 300 hacters of land to Tatu city,the company is left with only 187 hacters.This will hardly generate sustainable revenue for any tangible returns on equity. Matters are worse with production costs consuming 70% of the revenue. With profit margin of 0.4%,i advise all small shareholders here to flee. Renaisance capital with 62% ownership, is full of dubious guys behind the Tatu city scandal. What do you mean? ROE is around 32%. The shareholder register has actually grown over the last few years. In 2013 it was only 293 shareholders. Renaissance guys are not dubious as you say. Try to get the facts right about Tatu city scandal. If you are looking at the coffee production you are missing the point by a mile. You see the trees instead of the forest. Did you sell at 17?
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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I'll just place it here  Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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wukan wrote:Ebenyo wrote:wukan wrote:Ebenyo wrote:A company with no official website? We are only 663 shareholders here why do we need a website? We sell and grow coffee beans which only enables the company meet operating costs. We have prime land and zero loans in our books. We love it that way After the sale of 300 hacters of land to Tatu city,the company is left with only 187 hacters.This will hardly generate sustainable revenue for any tangible returns on equity. Matters are worse with production costs consuming 70% of the revenue. With profit margin of 0.4%,i advise all small shareholders here to flee. Renaisance capital with 62% ownership, is full of dubious guys behind the Tatu city scandal. What do you mean? ROE is around 32%. The shareholder register has actually grown over the last few years. In 2013 it was only 293 shareholders. Renaissance guys are not dubious as you say. Try to get the facts right about Tatu city scandal. If you are looking at the coffee production you are missing the point by a mile. You see the trees instead of the forest. Did you sell at 17? Company actually makes a gross loss from coffee operations. Another sale of land will leave an empty shell. Life is short. Live passionately.
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Rank: Veteran Joined: 11/13/2015 Posts: 1,654
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sparkly wrote:wukan wrote:Ebenyo wrote:wukan wrote:Ebenyo wrote:A company with no official website? We are only 663 shareholders here why do we need a website? We sell and grow coffee beans which only enables the company meet operating costs. We have prime land and zero loans in our books. We love it that way After the sale of 300 hacters of land to Tatu city,the company is left with only 187 hacters.This will hardly generate sustainable revenue for any tangible returns on equity. Matters are worse with production costs consuming 70% of the revenue. With profit margin of 0.4%,i advise all small shareholders here to flee. Renaisance capital with 62% ownership, is full of dubious guys behind the Tatu city scandal. What do you mean? ROE is around 32%. The shareholder register has actually grown over the last few years. In 2013 it was only 293 shareholders. Renaissance guys are not dubious as you say. Try to get the facts right about Tatu city scandal. If you are looking at the coffee production you are missing the point by a mile. You see the trees instead of the forest. Did you sell at 17? Company actually makes a gross loss from coffee operations. Another sale of land will leave an empty shell. Coffee farming is horrible business. Can't remember anyone whose made any serious returns from it. It's better planting avocados and macadamia nuts like Kakuzi. Eventually the land will be leased out and we can concentrate on processing the coffee
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Whatever happened to "thank you" common courtesy  Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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 Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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 Pesa Nane plans to be shilingi when he grows up.
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