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EABL half year 2019/2020 results
VituVingiSana
#21 Posted : Monday, February 17, 2020 9:57:50 PM
Rank: Chief


Joined: 1/3/2007
Posts: 17,667
Location: Nairobi
sparkly wrote:
watesh wrote:
Ebenyo wrote:
EABL doing well even before kisumu plant has started production.Bearing in mind that kisumu is targeting the low income earners,their future looks bright.

The problem with Senator Keg is that its low margin as compared to the mainstream beers. But its good to grab market share from illicit brews


The other problem is that if Baba tells Kavirondians not to drink Senator or to burn their sorghum, the Kisumu investment is finished
Not if EABL donates 2 Senator vibandas to Baba and his cronies. Baba backtracked on Equity.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
sparkly
#22 Posted : Tuesday, February 18, 2020 9:20:19 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,016
Location: Enk are Nyirobi
VituVingiSana wrote:
sparkly wrote:
watesh wrote:
Ebenyo wrote:
EABL doing well even before kisumu plant has started production.Bearing in mind that kisumu is targeting the low income earners,their future looks bright.

The problem with Senator Keg is that its low margin as compared to the mainstream beers. But its good to grab market share from illicit brews


The other problem is that if Baba tells Kavirondians not to drink Senator or to burn their sorghum, the Kisumu investment is finished
Not if EABL donates 2 Senator vibandas to Baba and his cronies. Baba backtracked on Equity.



What did Equity give him?
Life is short. Live passionately.
VituVingiSana
#23 Posted : Tuesday, February 18, 2020 9:56:54 AM
Rank: Chief


Joined: 1/3/2007
Posts: 17,667
Location: Nairobi
sparkly wrote:
VituVingiSana wrote:
sparkly wrote:
watesh wrote:
Ebenyo wrote:
EABL doing well even before kisumu plant has started production.Bearing in mind that kisumu is targeting the low income earners,their future looks bright.

The problem with Senator Keg is that its low margin as compared to the mainstream beers. But its good to grab market share from illicit brews


The other problem is that if Baba tells Kavirondians not to drink Senator or to burn their sorghum, the Kisumu investment is finished
Not if EABL donates 2 Senator vibandas to Baba and his cronies. Baba backtracked on Equity.


What did Equity give him?
I will ask him when I meet him for drinks tonight.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#24 Posted : Tuesday, February 18, 2020 11:52:37 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,121
Location: NAIROBI
VituVingiSana wrote:
sparkly wrote:
VituVingiSana wrote:
sparkly wrote:
watesh wrote:
Ebenyo wrote:
EABL doing well even before kisumu plant has started production.Bearing in mind that kisumu is targeting the low income earners,their future looks bright.

The problem with Senator Keg is that its low margin as compared to the mainstream beers. But its good to grab market share from illicit brews


The other problem is that if Baba tells Kavirondians not to drink Senator or to burn their sorghum, the Kisumu investment is finished
Not if EABL donates 2 Senator vibandas to Baba and his cronies. Baba backtracked on Equity.


What did Equity give him?
I will ask him when I meet him for drinks tonight.

Ask the gacungwa
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#25 Posted : Friday, March 20, 2020 12:40:02 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,121
Location: NAIROBI
https://www.nse.co.ke/ph...ngeti-breweries-ltd.pdf

Proposed acquisition of an additional 30% shareholding in Serengeti Breweries Limited
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#26 Posted : Saturday, May 16, 2020 9:52:37 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,121
Location: NAIROBI
EABL profit warning for FY2020
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
muandiwambeu
#27 Posted : Saturday, May 16, 2020 10:25:21 AM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,243
Ericsson wrote:
EABL profit warning for FY2020

Where,,,,. Was definite but unbelievable if soSad
,Behold, a sower went forth to sow;....
Ericsson
#28 Posted : Saturday, May 16, 2020 4:10:29 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,121
Location: NAIROBI
muandiwambeu wrote:
Ericsson wrote:
EABL profit warning for FY2020

Where,,,,. Was definite but unbelievable if soSad

You can check here

https://mobile.twitter.c...1536297417617408/photo/1
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
muandiwambeu
#29 Posted : Sunday, May 17, 2020 2:27:02 AM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,243
Ericsson wrote:
muandiwambeu wrote:
[quote=Ericsson]EABL profit warning for FY2020

Where,,,,. Was definite but unbelievable if soSad

You can check here

https://mobile.twitter.c...536297417617408/photo/1[/quote]
Thanks, what adoptive measures is the company taking to survive this incursion. Things are thick and waxy inside here. ok
"What is an External Environment in Business? - Definition, Types & Factors - Video & Lesson Transcript | Study.com" https://study.com/academ...ition-types-factors.html
,Behold, a sower went forth to sow;....
Ericsson
#30 Posted : Sunday, May 17, 2020 6:12:28 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,121
Location: NAIROBI
muandiwambeu wrote:
Ericsson wrote:
[quote=muandiwambeu][quote=Ericsson]EABL profit warning for FY2020

Where,,,,. Was definite but unbelievable if soSad

You can check here

https://mobile.twitter.c...536297417617408/photo/1[/quote]
Thanks, what adoptive measures is the company taking to survive this incursion. Things are thick and waxy inside here. ok
"What is an External Environment in Business? - Definition, Types & Factors - Video & Lesson Transcript | Study.com" https://study.com/academ...tion-types-factors.html[/quote]

Bars and hotels are closed.
Social gatherings of many people banned.
Those are the major contributing factors
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#31 Posted : Tuesday, May 19, 2020 1:15:55 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,121
Location: NAIROBI
https://www.standardmedi...billion-of-eabl-profits

Movement restrictions due to the Covid-19 pandemic has cost East African Breweries Ltd (EABL) Sh2.9 billion in profits.

The closure of pubs, restaurants and hotels in March as a result of the coronavirus outbreak meant a freeze on a huge chunk of the company’s distribution network.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
obiero
#32 Posted : Tuesday, May 19, 2020 6:53:13 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,022
Location: nairobi
Ericsson wrote:
https://www.standardmedia.co.ke/business/article/2001371601/virus-eats-sh2-2billion-of-eabl-profits

Movement restrictions due to the Covid-19 pandemic has cost East African Breweries Ltd (EABL) Sh2.9 billion in profits.

The closure of pubs, restaurants and hotels in March as a result of the coronavirus outbreak meant a freeze on a huge chunk of the company’s distribution network.

Yasserbigchair warned about this
COOP 5,500 ABP12.6; HF 30,000 ABP 5.90; KCB 7,500 ABP 36; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
Ericsson
#33 Posted : Saturday, July 25, 2020 10:17:43 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,121
Location: NAIROBI
Full Year results being released next week.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#34 Posted : Wednesday, July 29, 2020 9:26:33 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,121
Location: NAIROBI
Ericsson wrote:
Full Year results being released next week.


EABL full year profit plunged 39% to ksh.7 billion with no final dividend declared
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Queen
#35 Posted : Wednesday, July 29, 2020 10:22:33 PM
Rank: Member


Joined: 11/21/2018
Posts: 490
Location: Britain
Ericsson wrote:
Ericsson wrote:
Full Year results being released next week.


EABL full year profit plunged 39% to ksh.7 billion with no final dividend declared


No dividend? Bloodbath tomorrow.
watesh
#36 Posted : Wednesday, July 29, 2020 11:01:34 PM
Rank: Member


Joined: 8/10/2014
Posts: 891
Location: Kenya
Queen wrote:
Ericsson wrote:
Ericsson wrote:
Full Year results being released next week.


EABL full year profit plunged 39% to ksh.7 billion with no final dividend declared


No dividend? Bloodbath tomorrow.

Readying up to buy this gem below 120
muandiwambeu
#37 Posted : Thursday, July 30, 2020 12:59:27 AM
Rank: Veteran


Joined: 8/28/2015
Posts: 1,243
watesh wrote:
Queen wrote:
Ericsson wrote:
Ericsson wrote:
Full Year results being released next week.


EABL full year profit plunged 39% to ksh.7 billion with no final dividend declared


No dividend? Bloodbath tomorrow.

Readying up to buy this gem below 120

Come slowly bin Eric,Sad Sad smile
that was with partial lockiedown, a thirty days of none is being delivered premature, and then nobodys knows for how long will the pushing be on. Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly for the crown to be seen.
but anyway, if it was met for one for the road you could as well plant every tusker for two. who knows onwards older tuskers won't be growing older and tastier. Pray Pray Pray
How is the loan book to date.
,Behold, a sower went forth to sow;....
Ericsson
#38 Posted : Thursday, July 30, 2020 8:15:02 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,121
Location: NAIROBI
https://mobile.twitter.c...8696656968519681/photo/1
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#39 Posted : Thursday, December 24, 2020 9:10:40 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,121
Location: NAIROBI
https://mobile.twitter.c...1990441634377731/photo/1
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ericsson
#40 Posted : Thursday, January 28, 2021 7:27:02 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,121
Location: NAIROBI
47.3% decline in Half Year profit to December 31 2020 with earnings falling to KES.3.8bn from 7.2bn in 2019.
Volumes and net sales tumbled by 5 and 3% respectively.The Kenyan subsidiary recorded the greatest hit with sales down by 10%.
Parent company Diageo reports a 1% rise in net organic sales driven by Americans drinking more Tequila at home.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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