Wazua
»
Investor
»
Stocks
»
Standard Group HY17
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
|
 Pesa Nane plans to be shilingi when he grows up.
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
|
I don't understand SG's accounting. The PAT for 2017 is positive yet the EPS is negative. Can anyone shed light on this? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Member Joined: 8/27/2015 Posts: 138 Location: Harare
|
VituVingiSana wrote:I don't understand SG's accounting. The PAT for 2017 is positive yet the EPS is negative. Can anyone shed light on this? Minority interest. Essentially the minority interest made a profit while the controlling shareholders made a loss. Investment philosophy development in progress...
|
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
alotoftalk wrote:VituVingiSana wrote:I don't understand SG's accounting. The PAT for 2017 is positive yet the EPS is negative. Can anyone shed light on this? Minority interest. Essentially the minority interest made a profit while the controlling shareholders made a loss. They invest in a company that is more profitable than they are. Yaani they sponsor a mpango that is richer than they are. Life is short. Live passionately.
|
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
|
Standard Group Reportedly Fires CEO Sam Shollei. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
|
|
|
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
|
 Pesa Nane plans to be shilingi when he grows up.
|
|
|
Rank: Chief Joined: 1/3/2007 Posts: 18,347 Location: Nairobi
|
Ericsson wrote:Standard Group Reportedly Fires CEO Sam Shollei. "Resigned" you mean...  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
|
|
|
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
|
 Pesa Nane plans to be shilingi when he grows up.
|
|
|
Rank: Elder Joined: 6/23/2009 Posts: 14,217 Location: nairobi
|
What's soo special with this man. Has he managed to turn around Uchumi? Anywho, we know who owns SGL
KQ ABP 4.26
|
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
 "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
.
|
|
|
Wazua
»
Investor
»
Stocks
»
Standard Group HY17
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.