sparkly wrote:VituVingiSana wrote:sparkly wrote:Ebenyo wrote:Impunity wrote:Ebenyo wrote:Cornelius Vanderbilt wrote:Ebenyo wrote:The business of selling dry cells is now outdated.
kwani you digital decorder's remote and clock uses solar ?
Will you invest in a company that relies its sales solely on those batteries? will struggle to make consistent profits and at most,will struggle to remain afloat.Eveready should be winded up.Its redundant.
They were to venture in c*ndoms and razers and such like manenos...what happened?
Those are supplied free of charge mainly by Gok.Those in shops stay for years to run put of stock.What profit will they get their?
No one in their right mind should be holding Eveready. The only worthwhile asset they have is the NSE listing licence. The company is only good for a reverse merger.
It's easier/cheaper to use GEMS to list!
Then it's totally worthless.
Yes. When you "reverse merger" you end up "buying" the liabilities as well. ADSS bought Ardan Resources & ended up losing $$$ to Ethiopia's Revenue/Tax guys!
I&M's "reverse merger" into City Trust was done after City Trust sold off all its "other holdings" and distributed most of the cash.
I believe Reverse Mergers are no eligible for the "Listing Tax Break" either!
The only beneficiary of a Reverse Merger would be Merali!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett