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EA Cables and Transcentury FY 2018
sparkly
#51 Posted : Friday, February 21, 2020 12:29:43 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Metch wrote:
[quote=VituVingiSana]EA Cables turnaround plan in capital-starved market

https://www.businessdail...316-10j97b3z/index.html[/quote]



PPT


This one will end up like everready. Jubilee Government is shit
Life is short. Live passionately.
VituVingiSana
#52 Posted : Friday, February 21, 2020 8:20:02 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
sparkly wrote:
Metch wrote:
VituVingiSana wrote:
EA Cables turnaround plan in capital-starved market

https://www.businessdail...316-10j97b3z/index.html

PPT
This one will end up like everready. Jubilee Government is shit
EAC/TCL did lose its favored son status after Kibz left. That said, most legit manufacturers have suffered under #TanoTena

Even BAT has seen local sales volume drop for a product that is largely inelastic.
EABL has also had a rough time.

Other non-sin manufacturers have been hit even harder.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#53 Posted : Monday, March 02, 2020 10:03:58 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Ecobank Kenya appointed Kereto Marina on Jan 31 as receiver over specific assets of plant and machinery.

Receiver to deal with matters to do with specific assets backing debentures issued on Dec 2011, July 2013 and March 2015 -- Bloomberg
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#54 Posted : Monday, March 02, 2020 10:09:54 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Ericsson wrote:
Ecobank Kenya appointed Kereto Marina on Jan 31 as receiver over specific assets of plant and machinery.

Receiver to deal with matters to do with specific assets backing debentures issued on Dec 2011, July 2013 and March 2015 -- Bloomberg

Which firm? EAC or TCL? Or both?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Angelica _ann
#55 Posted : Monday, March 02, 2020 10:26:07 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
VituVingiSana wrote:
Ericsson wrote:
Ecobank Kenya appointed Kereto Marina on Jan 31 as receiver over specific assets of plant and machinery.

Receiver to deal with matters to do with specific assets backing debentures issued on Dec 2011, July 2013 and March 2015 -- Bloomberg

Which firm? EAC or TCL? Or both?


Getting messy day by day, these wazees gave up on these 2 companies. 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
Ericsson
#56 Posted : Monday, March 02, 2020 11:26:27 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
VituVingiSana wrote:
Ericsson wrote:
Ecobank Kenya appointed Kereto Marina on Jan 31 as receiver over specific assets of plant and machinery.

Receiver to deal with matters to do with specific assets backing debentures issued on Dec 2011, July 2013 and March 2015 -- Bloomberg

Which firm? EAC or TCL? Or both?


EAC
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#57 Posted : Monday, March 02, 2020 12:01:21 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Ericsson wrote:
VituVingiSana wrote:
Ericsson wrote:
Ecobank Kenya appointed Kereto Marina on Jan 31 as receiver over specific assets of plant and machinery.

Receiver to deal with matters to do with specific assets backing debentures issued on Dec 2011, July 2013 and March 2015 -- Bloomberg

Which firm? EAC or TCL? Or both?


EAC
Then TCL may not be far behind given EAC is one of its largest assets/holdings.
Cables is still trading.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#58 Posted : Tuesday, March 03, 2020 6:37:19 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
EA Cables cedes assets to Ecobank

https://www.businessdail...476092-1o30na/index.html
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
mwekez@ji
#59 Posted : Tuesday, March 03, 2020 10:47:37 AM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
VituVingiSana wrote:


I thought this is a reason to warrant suspension of the counter from trading at NSE
KaunganaDoDo
#60 Posted : Tuesday, March 03, 2020 10:51:35 AM
Rank: Member

Joined: 8/6/2018
Posts: 299
mwekez@ji wrote:
VituVingiSana wrote:


I thought this is a reason to warrant suspension of the counter from trading at NSE



IT IS
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