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EABL half year 2019/2020 results
Rank: Elder Joined: 6/23/2009 Posts: 13,501 Location: nairobi
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VituVingiSana wrote:Ericsson wrote:My 2 cents wrote:The demerits of printing money aside; the argument is that you get a higher and risk free yield from the government IFB bond as compared to the EABL commercial paper. Probability of EABL defaulting in interest payments and principal repayments is zero There is nothing for sure but death and taxes. Probability is not zero, but highly unlikely that EABL will default, with backing of Diageo.. This is not ARM, Imperial..
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 6/2/2010 Posts: 1,066
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Neither the EABL share nor the bond interest me. They are both expensive for what they offer and better deals can be found elsewhere. Fancy paying PE 30 for a low growth company? EABL is past its prime, in its hey day it was the Safaricom of the NSE. I have a few EABL shares that I bought for Kes144 per share in 2008!!!! Today at Kes 160 per share (13 years later) they have risen by 14.5% total ;)
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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My 2 cents wrote:Neither the EABL share nor the bond interest me. They are both expensive for what they offer and better deals can be found elsewhere. Fancy paying PE 30 for a low growth company? EABL is past its prime, in its hey day it was the Safaricom of the NSE. I have a few EABL shares that I bought for Kes144 per share in 2008!!!! Today at Kes 160 per share (13 years later) they have risen by 14.5% total ;) You didn't sell when the price rose to ksh.300. When you were buying the counter EABL used to give juicy dividends,nwdays it's a pale shadow of it's yester years. Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 6/2/2010 Posts: 1,066
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Ericsson wrote:My 2 cents wrote:Neither the EABL share nor the bond interest me. They are both expensive for what they offer and better deals can be found elsewhere. Fancy paying PE 30 for a low growth company? EABL is past its prime, in its hey day it was the Safaricom of the NSE. I have a few EABL shares that I bought for Kes144 per share in 2008!!!! Today at Kes 160 per share (13 years later) they have risen by 14.5% total ;) You didn't sell when the price rose to ksh.300. When you were buying the counter EABL used to give juicy dividends,nwdays it's a pale shadow of it's yester years. Am a buy and hodler. I hardly ever sell.
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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https://youtu.be/vcgRcjTeFSw
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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EABL reported a spectacular half year results and on a cash rich position Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: New-farer Joined: 8/21/2017 Posts: 48
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At this rate, Keroche should do an IPO! Perhaps this could ease some of their tribulations Life is a beach and I'm just playing in the sand
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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piedpiper wrote:At this rate, Keroche should do an IPO! Perhaps this could ease some of their tribulations Keroche the owners will sell a majority stake to a foreign brewer Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 8/10/2014 Posts: 969 Location: Kenya
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piedpiper wrote:At this rate, Keroche should do an IPO! Perhaps this could ease some of their tribulations These guys no longer seem that serious about gaining market share.
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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Ericsson wrote:piedpiper wrote:At this rate, Keroche should do an IPO! Perhaps this could ease some of their tribulations Keroche the owners will sell a majority stake to a foreign brewer The CEO and majority shareholder is vying in the upcoming general elections to be a senator Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Member Joined: 6/26/2008 Posts: 384
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The 3.5 bob dividend is highly welcome 
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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https://kenyanwallstreet...-additional-15-in-eabl/
This will take their ownership stake to 65% Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,097 Location: Nairobi
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192/- but sellers will have to wait until after 17th Feb 2023 to be paid Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/3/2007 Posts: 18,097 Location: Nairobi
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My 2 cents wrote:Neither the EABL share nor the bond interest me. They are both expensive for what they offer and better deals can be found elsewhere. Fancy paying PE 30 for a low growth company? EABL is past its prime, in its hey day it was the Safaricom of the NSE. I have a few EABL shares that I bought for Kes144 per share in 2008!!!! Today at Kes 160 per share (13 years later) they have risen by 14.5% total ;) 192/- offered by EABL payable after 17 Feb 2023. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: New-farer Joined: 3/28/2016 Posts: 37 Location: nairobi
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My 2 cents wrote:Ericsson wrote:My 2 cents wrote:Neither the EABL share nor the bond interest me. They are both expensive for what they offer and better deals can be found elsewhere. Fancy paying PE 30 for a low growth company? EABL is past its prime, in its hey day it was the Safaricom of the NSE. I have a few EABL shares that I bought for Kes144 per share in 2008!!!! Today at Kes 160 per share (13 years later) they have risen by 14.5% total ;) You didn't sell when the price rose to ksh.300. When you were buying the counter EABL used to give juicy dividends,nwdays it's a pale shadow of it's yester years. Am a buy and hodler. I hardly ever sell. Good point you make re low growth company. How can EABL unlock more value? Would M&A in new markets help?
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Rank: Elder Joined: 6/23/2009 Posts: 13,501 Location: nairobi
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VituVingiSana wrote:My 2 cents wrote:Neither the EABL share nor the bond interest me. They are both expensive for what they offer and better deals can be found elsewhere. Fancy paying PE 30 for a low growth company? EABL is past its prime, in its hey day it was the Safaricom of the NSE. I have a few EABL shares that I bought for Kes144 per share in 2008!!!! Today at Kes 160 per share (13 years later) they have risen by 14.5% total ;) 192/- offered by EABL payable after 17 Feb 2023. Massive share price gain today
HF 30,000 ABP 3.49; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 6/2/2010 Posts: 1,066
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obiero wrote:VituVingiSana wrote:My 2 cents wrote:Neither the EABL share nor the bond interest me. They are both expensive for what they offer and better deals can be found elsewhere. Fancy paying PE 30 for a low growth company? EABL is past its prime, in its hey day it was the Safaricom of the NSE. I have a few EABL shares that I bought for Kes144 per share in 2008!!!! Today at Kes 160 per share (13 years later) they have risen by 14.5% total ;) 192/- offered by EABL payable after 17 Feb 2023. Massive share price gain today I wish I bought more at below 140 bob
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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kediveKed wrote:My 2 cents wrote:Ericsson wrote:My 2 cents wrote:Neither the EABL share nor the bond interest me. They are both expensive for what they offer and better deals can be found elsewhere. Fancy paying PE 30 for a low growth company? EABL is past its prime, in its hey day it was the Safaricom of the NSE. I have a few EABL shares that I bought for Kes144 per share in 2008!!!! Today at Kes 160 per share (13 years later) they have risen by 14.5% total ;) You didn't sell when the price rose to ksh.300. When you were buying the counter EABL used to give juicy dividends,nwdays it's a pale shadow of it's yester years. Am a buy and hodler. I hardly ever sell. Good point you make re low growth company. How can EABL unlock more value? Would M&A in new markets help? They are in Uganda and Tanzania. Maybe if they consider DRC,Rwanda and Burundi Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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Rank: Chief Joined: 1/3/2007 Posts: 18,097 Location: Nairobi
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My 2 cents wrote:obiero wrote:VituVingiSana wrote:My 2 cents wrote:Neither the EABL share nor the bond interest me. They are both expensive for what they offer and better deals can be found elsewhere. Fancy paying PE 30 for a low growth company? EABL is past its prime, in its hey day it was the Safaricom of the NSE. I have a few EABL shares that I bought for Kes144 per share in 2008!!!! Today at Kes 160 per share (13 years later) they have risen by 14.5% total ;) 192/- offered by EABL payable after 17 Feb 2023. Massive share price gain today I wish I bought more at below 140 bob Don't we all wish that  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 12/4/2009 Posts: 10,678 Location: NAIROBI
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obiero wrote:VituVingiSana wrote:My 2 cents wrote:Neither the EABL share nor the bond interest me. They are both expensive for what they offer and better deals can be found elsewhere. Fancy paying PE 30 for a low growth company? EABL is past its prime, in its hey day it was the Safaricom of the NSE. I have a few EABL shares that I bought for Kes144 per share in 2008!!!! Today at Kes 160 per share (13 years later) they have risen by 14.5% total ;) 192/- offered by EABL payable after 17 Feb 2023. Massive share price gain today Which has since died out. February 2023 is a long time to sustain a rally Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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EABL half year 2019/2020 results
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