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Impending DOOM for neverready!!
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guru267
#1 Posted : Monday, October 04, 2010 11:03:10 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
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VituVingiSana
#2 Posted : Monday, October 04, 2010 11:36:18 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Firing people does not mean impending doom... Yes, it may mean lower sales meant fewer employees needed but new machinery may mean a greater degree of automation...

That said... I do not like Neveready but I would like it to survive as a firm since it provides jobs to Kenyans with the attendant benefits of being a local firm vs imports from China...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mlennyma
#3 Posted : Tuesday, October 05, 2010 12:06:12 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
When all the staff its cutting is over,it will cut itself...smith must think how to diversify
"Don't let the fear of losing be greater than the excitement of winning."
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hisah
#4 Posted : Tuesday, October 05, 2010 1:11:40 AM
Rank: Chief

Joined: 8/4/2010
Posts: 8,977
How long will it take to get delisted? This should have made a nice short selling stock.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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muganda
#5 Posted : Friday, October 22, 2010 11:50:36 AM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
What are these rumours that too many Chinese are walking/meeting in Eveready in recent days noting that Merali is famed for his skill in selling companies?

Tread carefully though as a paka (unlike a caterpillar) often remains a paka.
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sheep
#6 Posted : Friday, October 22, 2010 12:18:36 PM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
hope nothing happens for the sake of qw and others.
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
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guru267
#7 Posted : Thursday, November 18, 2010 10:17:45 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
looks like the stock is headed for 2bob before year end...

@qw where u @??? I hope you didn't take a loan for this one...
Mark 12:29
Deuteronomy 4:16
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Sober
#8 Posted : Thursday, November 18, 2010 10:39:11 AM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
even safaricom is cutting down on the expenditure yet that is not resulting to a warning, at the same price the stock price is also on a downward trend. the inappropriate expenditure include taxis for the workers home.
African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Aguytrying
#9 Posted : Thursday, November 18, 2010 5:55:30 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
guru267 wrote:
looks like the stock is headed for 2bob before year end...

@qw where u @??? I hope you didn't take a loan for this one...

lol!! At loan. Theoretically speaking what would happen if a shares price went below a bob, this looks to be where this sucker is heading. Nb. Some degree of exaggeration.
The investor's chief problem - and even his worst enemy - is likely to be himself
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VituVingiSana
#10 Posted : Thursday, November 18, 2010 10:22:51 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Neveready... is never ready... Shame on you Shame on you Shame on you
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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