Wazua
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BAT 2020 and beyond
Rank: Elder Joined: 12/4/2009 Posts: 9,265 Location: NAIROBI
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Half year results are out. Interim dividend @ksh.3.50 per share Profit after tax at sh.2.679bn compared to sh.2.528bn in 2019 https://mobile.twitter.c...3408582361456641/photo/1Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/7/2012 Posts: 11,795
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Wachana ha hii share pris  . The say they leave Kenya ama NSE, am doomed coz am a chair smoker 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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Rank: Member Joined: 11/21/2018 Posts: 438 Location: Britain
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Angelica _ann wrote:Wachana ha hii share pris  . The say they leave Kenya ama NSE, am doomed coz am a chair smoker What do you mean by leaving?
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Rank: Member Joined: 12/1/2007 Posts: 526 Location: Nakuru
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Queen wrote:Angelica _ann wrote:Wachana ha hii share pris  . The say they leave Kenya ama NSE, am doomed coz am a chair smoker What do you mean by leaving? Haha CHAIR... nice one For investors as a whole, returns decrease as motion increases ~ WB
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Rank: Elder Joined: 12/7/2012 Posts: 11,795
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winmak wrote:Queen wrote:Angelica _ann wrote:Wachana ha hii share pris  . The say they leave Kenya ama NSE, am doomed coz am a chair smoker What do you mean by leaving? Haha CHAIR... nice one This is a mzungu controlled company that can wake up one day and decide that they are leaving Kenya, Africa, de-list and minority shareholders has no say. So let us enjoy while it lasts. 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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Rank: Chief Joined: 1/3/2007 Posts: 17,374 Location: Nairobi
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Angelica _ann wrote:winmak wrote:Queen wrote:Angelica _ann wrote:Wachana ha hii share pris  . The say they leave Kenya ama NSE, am doomed coz am a chair smoker What do you mean by leaving? Haha CHAIR... nice one This is a mzungu controlled company that can wake up one day and decide that they are leaving Kenya, Africa, de-list and minority shareholders has no say. So let us enjoy while it lasts. That pays a sweet dividend and doesn't have the drama of local firms. I like such firms over cons like HAFR and Tranny. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2009 Posts: 7,916 Location: Enk are Nyirobi
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Angelica _ann wrote:winmak wrote:Queen wrote:Angelica _ann wrote:Wachana ha hii share pris  . The say they leave Kenya ama NSE, am doomed coz am a chair smoker What do you mean by leaving? Haha CHAIR... nice one This is a mzungu controlled company that can wake up one day and decide that they are leaving Kenya, Africa, de-list and minority shareholders has no say. So let us enjoy while it lasts. BAT Kenya was founded in 1907 and has been listed for 51 years since 1969. The company may be controlled from Europe but it is has been around for longer than all of us. Life is short. Live passionately.
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Rank: Member Joined: 8/10/2014 Posts: 856 Location: Kenya
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[quote=Ericsson]Half year results are out. Interim dividend @ksh.3.50 per share Profit after tax at sh.2.679bn compared to sh.2.528bn in 2019 https://mobile.twitter.c...408582361456641/photo/1[/quote] I see this as a good result despite it being the peak of covid fear and all the border challenges. Things should be going up from now...I can park some money here till I see how bad the banks are burnt.
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Rank: Member Joined: 3/16/2019 Posts: 233
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Blow for BAT as Health CS Kagwe declares Lyft illegalQuote:Health Cabinet Secretary Mutahi Kagwe has declared the registration of nicotine pouches, including BAT's popular product Lyft, illegal and wants them deregistered.
The ban follows intense lobbying by parents and anti-tobacco groups to have the Ministry of Health ban Lyft.
The Kenya Tobacco Control Alliance (Ketca) had raised concerns that Lyft is easily accessible and being abused by minors.
"A product that is highly addictive, which poses health risks, should not be sold freely. We want the nicotine product heavily taxed and regulated, just as we handle other tobacco products," said Ketca chairman Joel Gitali.
BAT announced early this year that it would build a Sh2.5 billion factory in Nairobi to produce the nicotine pouches.
However, BAT Kenya Head of Corporate Affairs Caroline Mavuti has indicated in a recent interview with Nation that Lyft is a tobacco-free modern oral nicotine pouch.
“It is made from high-quality ingredients, including pharmaceutical grade nicotine, water, eucalyptus and pine tree fibres, flavouring and sweeteners,” said Ms Mavuti.
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Rank: Elder Joined: 9/23/2009 Posts: 7,916 Location: Enk are Nyirobi
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kmucheke wrote:Blow for BAT as Health CS Kagwe declares Lyft illegalQuote:Health Cabinet Secretary Mutahi Kagwe has declared the registration of nicotine pouches, including BAT's popular product Lyft, illegal and wants them deregistered.
The ban follows intense lobbying by parents and anti-tobacco groups to have the Ministry of Health ban Lyft.
The Kenya Tobacco Control Alliance (Ketca) had raised concerns that Lyft is easily accessible and being abused by minors.
"A product that is highly addictive, which poses health risks, should not be sold freely. We want the nicotine product heavily taxed and regulated, just as we handle other tobacco products," said Ketca chairman Joel Gitali.
BAT announced early this year that it would build a Sh2.5 billion factory in Nairobi to produce the nicotine pouches.
However, BAT Kenya Head of Corporate Affairs Caroline Mavuti has indicated in a recent interview with Nation that Lyft is a tobacco-free modern oral nicotine pouch.
“It is made from high-quality ingredients, including pharmaceutical grade nicotine, water, eucalyptus and pine tree fibres, flavouring and sweeteners,” said Ms Mavuti. The tobacco lobby is very strong $$$ Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 17,374 Location: Nairobi
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https://www.businessdail...icotine-pouches-2719520 BAT sees a future through the smoke on nicotine pouches Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 3/16/2019 Posts: 233
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VituVingiSana wrote:https://www.businessdailyafrica.com/bd/corporate/companies/bat-sees-a-future-through-the-smoke-on-nicotine-pouches-2719520 BAT sees a future through the smoke on nicotine pouches
It will be interesting to see how the will ward off the resistance from the Ministry of Health and the anti-tobacco lobby groups.
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Rank: Member Joined: 7/6/2018 Posts: 175 Location: Kinshasa
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MD resignation https://mobile.twitter.c...5821155073187840/photo/1If it don't make dollars, it don't make sense
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