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EABL FY19
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Angelica _ann
#41 Posted : Tuesday, August 25, 2020 8:49:05 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,901
Kusadikika wrote:
https://www.businessdailyafrica.com/markets/capital/EABL-given-3-more-years-to-meet-terms-of-its-Sh6bn-bond/4259442-5613544-mxpm2dz/index.html

Are these the same type of bond that Nakumatt issued that left some investors holding worthless pieces of paper? Unsecured 6bn bond!!!


Yes plus Chase Bank, Imperial Bank & ARM.

Lakini EABL will deliver!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Ericsson
#42 Posted : Wednesday, August 26, 2020 7:52:45 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
EABL will have a terrible H1 in FY 2020/2021
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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young
#43 Posted : Wednesday, August 26, 2020 10:03:19 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
Ericsson wrote:
EABL will have a terrible H1 in FY 2020/2021


On point.Good analysis.
I have recently offloaded my EABL holding for shorter term opportunities to buy back later.
EABL will rebound post covid in 2022.
By then covid vaccine would have been in place.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Ericsson
#44 Posted : Friday, August 28, 2020 9:13:57 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
Guinness Nigeria posts $45mn annual loss in four years,share price falls nearly 9%
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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young
#45 Posted : Saturday, August 29, 2020 12:22:15 AM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
Ericsson wrote:
Guinness Nigeria posts $45mn annual loss in four years,share price falls nearly 9%


Very True
Diego is the owners of Kenya EABl and Nigerian Guiness.
There is a strong competetion between Guiness and Nigerian Breweries (From Heineken International).

Nigerian Breweries products are cheaper , superior brands , bigger market share than Guiness and therefore much more profitable


https://nbplc.com/ourhistory.html


This is totally different from Kenya as EABL (Diego) is more of a monopoly and their products are expensive .

Tusker retail price is 200 bob.
Equivalent of Tusker from Heineken (Star Beer from Nigerian Breweries ) is 50 bob,
wheras Guiness equivalent Harp beer is like 80 bob in Nigeria so people will naturally go for Star beer here .
There is a local franchise of Heineken beer that is still cheaper than Guiness products that brings an all round win and market appeal to Nigerian Breweries products (Heineken overseas subsidiary)


The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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Ericsson
#46 Posted : Saturday, August 29, 2020 12:57:17 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,639
Location: NAIROBI
young wrote:
Ericsson wrote:
Guinness Nigeria posts $45mn annual loss in four years,share price falls nearly 9%


Very True
Diego is the owners of Kenya EABl and Nigerian Guiness.
There is a strong competetion between Guiness and Nigerian Breweries (From Heineken International).

Nigerian Breweries products are cheaper , superior brands , bigger market share than Guiness and therefore much more profitable


https://nbplc.com/ourhistory.html


This is totally different from Kenya as EABL (Diego) is more of a monopoly and their products are expensive .

Tusker retail price is 200 bob.
Equivalent of Tusker from Heineken (Star Beer from Nigerian Breweries ) is 50 bob,
wheras Guiness equivalent Harp beer is like 80 bob in Nigeria so people will naturally go for Star beer here .
There is a local franchise of Heineken beer that is still cheaper than Guiness products that brings an all round win and market appeal to Nigerian Breweries products (Heineken overseas subsidiary)



Kenya's problem is taxation.
The same Tusker if you cross the border in Uganda is being sold for Ksh.70
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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young
#47 Posted : Saturday, August 29, 2020 3:39:41 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,037
Location: Lagos, Nigeria
Ericsson wrote:
young wrote:
Ericsson wrote:
Guinness Nigeria posts $45mn annual loss in four years,share price falls nearly 9%


Very True
Diego is the owners of Kenya EABl and Nigerian Guiness.
There is a strong competetion between Guiness and Nigerian Breweries (From Heineken International).

Nigerian Breweries products are cheaper , superior brands , bigger market share than Guiness and therefore much more profitable


https://nbplc.com/ourhistory.html


This is totally different from Kenya as EABL (Diego) is more of a monopoly and their products are expensive .

Tusker retail price is 200 bob.
Equivalent of Tusker from Heineken (Star Beer from Nigerian Breweries ) is 50 bob,
wheras Guiness equivalent Harp beer is like 80 bob in Nigeria so people will naturally go for Star beer here .
There is a local franchise of Heineken beer that is still cheaper than Guiness products that brings an all round win and market appeal to Nigerian Breweries products (Heineken overseas subsidiary)



Kenya's problem is taxation.
The same Tusker if you cross the border in Uganda is being sold for Ksh.70



The issue is about 2 foreign subsidiaries in the same country with similar tax regimes with different performance in the brewery industry.


Diego (Guiness Nigeria) underperforming in the last 4 years

Versus

Heineken (Nigerian Breweries) good performance over the years.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
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