East African Portland Cement FY 2017/18 - Stocks - Wazua

Welcome Guest

Wazua » Investor » Stocks » East African Portland Cement FY 2017/18

3 Pages123>

East African Portland Cement FY 2017/18

Options

Previous Topic · Next Topic

Superprime1		#1 Posted : Friday, November 16, 2018 8:46:38 AM
Rank: Member Joined: 5/2/2018 Posts: 267		The well-cooked financial results of EAPCC Ltd, a.k.a Blue Triangle, are out. From an operating loss of Sh3.56 billion in the year, it adds a Sh11.34bn "fair value gain on investment properties", ricocheting the loss into a cool Sh6.96bn PBT (on paper) and Sh7.8bn PAT after a tax credit of Sh835.42 million. In the 2016/17 FY, it had an operating loss of Sh1.32bn, resulting in a Loss Before Tax of Sh1.71bn and a net loss of Sh1.47bn. The administration and selling expenses jumped 70% to Sh3.87bn at a time revenue dipped 25.3% to Sh5.18bn. The cement maker says the court awarded Sh1.5bn through a 2012-2015 CBA. It's more of an obituary.
Back to top		\|
User Profile

Fyatu		#2 Posted : Friday, November 16, 2018 10:50:31 AM
Rank: Veteran Joined: 1/20/2011 Posts: 1,820 Location: Nakuru		Superprime1 wrote: The well-cooked financial results of EAPCC Ltd, a.k.a Blue Triangle, are out. From an operating loss of Sh3.56 billion in the year, it adds a Sh11.34bn "fair value gain on investment properties", ricocheting the loss into a cool Sh6.96bn PBT (on paper) and Sh7.8bn PAT after a tax credit of Sh835.42 million. In the 2016/17 FY, it had an operating loss of Sh1.32bn, resulting in a Loss Before Tax of Sh1.71bn and a net loss of Sh1.47bn. The administration and selling expenses jumped 70% to Sh3.87bn at a time revenue dipped 25.3% to Sh5.18bn. The cement maker says the court awarded Sh1.5bn through a 2012-2015 CBA. It's more of an obituary. pilipili manga, binzari nyembamba, karafuu na iliki.Ongeza knorr cubes(beef flavour) na royco mchuzi mix. This is daylight robbery. Jubilee says it is fighting corruption and yet allow this blatant cooking of books. Perhaps,DCI and DPP have no capacity to detect accounting fraud. Kenyans be damned. Nowhere to run to or hide. I am waiting eagerly for the overcooked mchuzi from Kenya power Dumb money becomes dumb only when it listens to smart money
Back to top		\|
User Profile

Ericsson		#3 Posted : Friday, November 16, 2018 12:28:11 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		No dividend declared,cashflow statement ndio kusema sasa Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
Back to top		WWW \|
User Profile

obiero		#4 Posted : Friday, November 16, 2018 1:23:21 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi		Fyatu wrote: Superprime1 wrote: The well-cooked financial results of EAPCC Ltd, a.k.a Blue Triangle, are out. From an operating loss of Sh3.56 billion in the year, it adds a Sh11.34bn "fair value gain on investment properties", ricocheting the loss into a cool Sh6.96bn PBT (on paper) and Sh7.8bn PAT after a tax credit of Sh835.42 million. In the 2016/17 FY, it had an operating loss of Sh1.32bn, resulting in a Loss Before Tax of Sh1.71bn and a net loss of Sh1.47bn. The administration and selling expenses jumped 70% to Sh3.87bn at a time revenue dipped 25.3% to Sh5.18bn. The cement maker says the court awarded Sh1.5bn through a 2012-2015 CBA. It's more of an obituary. pilipili manga, binzari nyembamba, karafuu na iliki.Ongeza knorr cubes(beef flavour) na royco mchuzi mix. This is daylight robbery. Jubilee says it is fighting corruption and yet allow this blatant cooking of books. Perhaps,DCI and DPP have no capacity to detect accounting fraud. Kenyans be damned. Nowhere to run to or hide. I am waiting eagerly for the overcooked mchuzi from Kenya power Cytonn are teaching others how to prop up a dying monkey via fair value treatment techniques KQ ABP 4.26
Back to top		WWW \|
User Profile

FRM2011		#5 Posted : Friday, November 16, 2018 1:47:02 PM
Rank: Elder Joined: 11/5/2010 Posts: 2,459		Ericsson wrote: No dividend declared,cashflow statement ndio kusema sasa Couldn't agree more. Cashflow can never be cooked.
Back to top		\|
User Profile

Angelica _ann		#6 Posted : Friday, November 16, 2018 1:53:51 PM
Rank: Elder Joined: 12/7/2012 Posts: 11,935		I thought they were to sell some land Kenya Railways, what happened. In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Back to top		\| \| Edit by user: Friday, November 16, 2018 1:56 PM \| Reason: Not specified
User Profile

Horton		#7 Posted : Friday, November 16, 2018 2:01:55 PM
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi		obiero wrote: Fyatu wrote: Superprime1 wrote: The well-cooked financial results of EAPCC Ltd, a.k.a Blue Triangle, are out. From an operating loss of Sh3.56 billion in the year, it adds a Sh11.34bn "fair value gain on investment properties", ricocheting the loss into a cool Sh6.96bn PBT (on paper) and Sh7.8bn PAT after a tax credit of Sh835.42 million. In the 2016/17 FY, it had an operating loss of Sh1.32bn, resulting in a Loss Before Tax of Sh1.71bn and a net loss of Sh1.47bn. The administration and selling expenses jumped 70% to Sh3.87bn at a time revenue dipped 25.3% to Sh5.18bn. The cement maker says the court awarded Sh1.5bn through a 2012-2015 CBA. It's more of an obituary. pilipili manga, binzari nyembamba, karafuu na iliki.Ongeza knorr cubes(beef flavour) na royco mchuzi mix. This is daylight robbery. Jubilee says it is fighting corruption and yet allow this blatant cooking of books. Perhaps,DCI and DPP have no capacity to detect accounting fraud. Kenyans be damned. Nowhere to run to or hide. I am waiting eagerly for the overcooked mchuzi from Kenya power Cytonn are teaching others how to prop up a dying monkey via fair value treatment techniques LOL Cytonn have become another Obiero stock being quoted in all posts. I feel you, but we aren’t at negative equity or bailed out by taxpayer :)
Back to top		\|
User Profile

Horton		#8 Posted : Friday, November 16, 2018 2:03:34 PM
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi		Ericsson wrote: No dividend declared,cashflow statement ndio kusema sasa From the drop in demand this industry is going to be interesting to watch. Should be another shilling stock this.
Back to top		\|
User Profile

Superprime1		#9 Posted : Friday, November 16, 2018 2:26:13 PM
Rank: Member Joined: 5/2/2018 Posts: 267		FRM2011 wrote: Ericsson wrote: No dividend declared,cashflow statement ndio kusema sasa Couldn't agree more. Cashflow can never be cooked. Cash and cash equivalents at over Sh1bn in the red (i.e. negative).
Back to top		\|
User Profile

obiero		#10 Posted : Friday, November 16, 2018 6:15:09 PM
Rank: Elder Joined: 6/23/2009 Posts: 14,213 Location: nairobi		Horton wrote: Ericsson wrote: No dividend declared,cashflow statement ndio kusema sasa From the drop in demand this industry is going to be interesting to watch. Should be another shilling stock this. For sure KQ ABP 4.26
Back to top		WWW \|
User Profile

3 Pages123>

Wazua » Investor » Stocks » East African Portland Cement FY 2017/18

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.

Watch this topic
Print this topic

Normal
Threaded