wazua Wed, Mar 18, 2026
Welcome Guest Search | Active Topics | Log In

7 Pages<12345>»
East African Cables
Options
Previous Topic · Next Topic
2012
#21 Posted : Friday, June 11, 2010 12:57:24 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
From yesterday's budget:

Import duty on aluminium conductors and cables has been increased from 10% to 25 %

Will this adversely affect EA Cables?

BBI will solve it :)
Back to top
  |
the deal
#22 Posted : Friday, June 11, 2010 1:33:20 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
2012 wrote:
From yesterday's budget:

Import duty on aluminium conductors and cables has been increased from 10% to 25 %

Will this adversely affect EA Cables?

Definitely they will be affected but they might benefit from the power billions in the budjet...
Back to top
  |
Mpenzi
#23 Posted : Friday, June 11, 2010 3:40:36 PM
Rank: Veteran

Joined: 10/17/2008
Posts: 1,234
I would imagine that EA Cables benefits from this as they manufacture cables locally or am I missing something here?
Back to top
  |
2012
#24 Posted : Friday, June 11, 2010 4:20:41 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
Mpenzi wrote:
I would imagine that EA Cables benefits from this as they manufacture cables locally or am I missing something here?


We don't mine aluminum or copper in Kenya.

BBI will solve it :)
Back to top
  |
VituVingiSana
#25 Posted : Friday, June 11, 2010 7:03:38 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
EA Cables used their political heft here but it will benefit since it MANUFACTURES cables locally...

EAC imports copper (Zambia) & Aluminum... The tax on the imported FINISHED products has gone up...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
BGL
#26 Posted : Saturday, July 10, 2010 10:55:02 PM
Rank: Veteran

Joined: 10/11/2009
Posts: 1,223
This is one stock which the market has decided to punish. It closed the year at Ksh 20.25 and six months later it has made 0.0% gains. I thought by venturing into the fibre-optic manufacturing plus their regional expansion would excite the market.

Back to the Technical analysts, which direction will this stock take in the short term.
History will not remember you for your IQ. It will remember you for what you did. “Genius is 1 percent inspiration, 99 percent perspiration.” Thomas Edison
Back to top
  |
VituVingiSana
#27 Posted : Saturday, July 10, 2010 11:02:31 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
BGL wrote:
This is one stock which the market has decided to punish. It closed the year at Ksh 20.25 and six months later it has made 0.0% gains. I thought by venturing into the fibre-optic manufacturing plus their regional expansion would excite the market.

Back to the Technical analysts, which direction will this stock take in the short term.

Before you conclude the market has 'punished' EA Cables...

1) What is the EPS for 2009 thus we can calculate historical PER
2) What is the 'projected' EPS?
3) What is NAV without 'goodwill'?
4) How is the management/new CEO? [Mugo Kibati quit]
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
VituVingiSana
#28 Posted : Saturday, July 17, 2010 10:52:17 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
Hmmm... PROFIT WARNING due to bad debts in Tanzania & poor business climate there... Kenya has done well as KPLC expands...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
the deal
#29 Posted : Monday, July 19, 2010 11:24:07 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
i think speculators will learn their lesson here...on friday this counter gained 7.5%...today its DOWN 13.3%...
Back to top
  |
the deal
#30 Posted : Monday, July 19, 2010 11:36:44 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
sparkly wrote:
Wondergirl wrote:
Whats up with this share? Its price is just going down. I was actualy hoping that the price starts going up in anticipation for year end results?Sad

Undervalued because of unique operational challenges in 2009- high commodity prices and manufacturing plant upgrades. Expect modest results for 2009. Company has a long history of profitability and dividend payment. Buy more if you can. Future is bright.

i hope u didnt buy more due to @sparkly advice...
Back to top
  |
7 Pages<12345>»
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.