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E.A CABLES-the sleeping giant
mlennyma
#1 Posted : Tuesday, August 24, 2010 11:20:21 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,191
Location: nairobi
Am very clear in my mind that this company is a giant in its own field and has goodwill of quality,of late it has received a beating not because its making loses but becoz profits dropped.given the expansion of the region i think its a stock worth looking seriously.any small +ve news will trigger a very serious rally,it rallied in 2007 to 650bob and their agresive marketing is about to bear fruit.ladies and gents am i talking to somebody?
"Don't let the fear of losing be greater than the excitement of winning."
slykat
#2 Posted : Tuesday, August 24, 2010 11:30:01 AM
Rank: Member


Joined: 2/20/2007
Posts: 359
I bought at 40 but am not about to average down as it is really really hard to compete with Chinese and Indian imports nowadays, the world over. They must divest... retailing Korean value-added cables cannot offer much of a margin..and is not diversification enough..can it? is it?

They must study Paka's case in hand.
msimon
#3 Posted : Tuesday, August 24, 2010 11:43:12 AM
Rank: New-farer


Joined: 8/23/2010
Posts: 63
Location: Kampala
mlennyma wrote:
Am very clear in my mind that this company is a giant in its own field and has goodwill of quality,of late it has received a beating not because its making loses but becoz profits dropped.given the expansion of the region i think its a stock worth looking seriously.any small +ve news will trigger a very serious rally,it rallied in 2007 to 650bob and their agresive marketing is about to bear fruit.ladies and gents am i talking to somebody?

EA cables was good, but the its intrinsic and economic value is dwindling. Because of cheaper imports from competition, losing its supply agreements with the electric companies. Maybe their turn around in the new telecom cables may salvage something for them. Am certain if competition like this continues, their moat that was eroded along time ago will even be eroded more. Here in Uganda, they are insignificant and in Tanzania, its worse. now when the kenyan sales deep, you had better not be a stockholder, cause its your nails that will suffer!
mlennyma
#4 Posted : Tuesday, August 24, 2010 12:06:08 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,191
Location: nairobi
Keep them coming,i like the diversity of kenyan brains and am learning too
"Don't let the fear of losing be greater than the excitement of winning."
maina20
#5 Posted : Tuesday, August 24, 2010 12:26:22 PM
Rank: Member


Joined: 7/21/2010
Posts: 249
Location: nairobi
d'oh!
i bought 2000 shares at 100bob, when the rally was on just after the split, and am bleeding ever since..Pray ...i pray for a miracle before the fmous 2030....Shame on you .....am ready to volunteer to be their sales rep if this will make them turn around....
..desire to succeed is always fighting with fear of failure..
the deal
#6 Posted : Wednesday, September 08, 2010 7:05:46 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Hahaha i'm still waiting for this giant to rise...ama it has aulready slipped into a COMA...
mlennyma
#7 Posted : Wednesday, February 09, 2011 11:35:59 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,191
Location: nairobi
You must have some respect to the prophets.
"Don't let the fear of losing be greater than the excitement of winning."
the deal
#8 Posted : Wednesday, February 09, 2011 11:41:54 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
mlennyma wrote:
You must have some respect to the prophets.

Well respect to the prophets.Applause Applause Applause
maina20
#9 Posted : Wednesday, February 09, 2011 11:48:07 AM
Rank: Member


Joined: 7/21/2010
Posts: 249
Location: nairobi
http://www.businessdaily...4/-/1garm1z/-/index.html
..desire to succeed is always fighting with fear of failure..
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