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whynow
#21 Posted : Saturday, August 28, 2010 1:06:50 PM
Rank: New-farer


Joined: 7/19/2010
Posts: 98
Location: Kenya
@Gekko and who tells you Mahinda was not cooking part of the books. I noticed the profits deeped immediately Adetu took over.
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Horton
#22 Posted : Saturday, August 28, 2010 3:50:37 PM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Whynow....possibly, however, adept spent 500m in restructuring. That's one thing I hate about diageo managers. Whenever a new md comes in, he restructures and spends sh*toads of cash, and from mahindas restructuring, the company isn't necessarily more efficient
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VituVingiSana
#23 Posted : Saturday, August 28, 2010 6:00:47 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,137
Location: Nairobi
EABL is a consistent performer... Hopefully, Uganda picks up from the poor sales last year...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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sparkly
#24 Posted : Sunday, August 29, 2010 10:15:50 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
VituVingiSana wrote:
EABL is a consistent performer... Hopefully, Uganda picks up from the poor sales last year...

i agree, add to that nmg and bat.
Life is short. Live passionately.
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PKoli
#25 Posted : Sunday, August 29, 2010 4:05:27 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
VituVingiSana wrote:
EABL is a consistent performer... Hopefully, Uganda picks up from the poor sales last year...


Let us hope they also grow the Tz market and Southern Sudan is not left completely to SABMiller
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My 2 cents
#26 Posted : Wednesday, September 22, 2010 3:59:52 PM
Rank: Veteran


Joined: 6/2/2010
Posts: 1,070
My 2 cents wrote:
I did notice that admin expenses went up by 26% I hope mgt not using extra cash to pay higher salaries rather than grow business. current price too high given an eps of 9 bob and dim prospects of double digit growth.

http://www.businessdaily.../-/ydt489z/-/index.html

Looks like restructuring is underway; the costs really needed some reigning in.
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Wa_ithaka
#27 Posted : Wednesday, September 22, 2010 4:14:48 PM
Rank: Veteran


Joined: 1/7/2010
Posts: 1,279
Location: nbi
Is this 419 naija saying they are no Kenyans that can be directors at eabl? And why do we get non-Kenyans being CEOs of Kenyan-centric firms?
The Governor of Nyeri - 2017
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Kaffir
#28 Posted : Wednesday, September 22, 2010 4:20:45 PM
Rank: Member


Joined: 5/8/2008
Posts: 77
I think the firm is international (East African, at least), and not just Kenyan. The Kenyan arm used to be called KBL.
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VituVingiSana
#29 Posted : Wednesday, September 22, 2010 7:18:01 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,137
Location: Nairobi
Hire the BEST... Firms like EABL's parent rotate managers. In Ghana there are many Kenyans working for multi-nationals like Unilever...

And don't forget Mahinda was sent to South Africa...

So @kaffir don't be overly petty...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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