wazua Tue, Jul 22, 2025
Welcome Guest Search | Active Topics | Log In

Eveready profit warning
The fast & furious
#1 Posted : Monday, November 29, 2010 4:01:26 PM
Rank: Member


Joined: 9/24/2009
Posts: 112
Today, Eveready East Africa Limited has announced a profit warning for the financial year ending Sept 30, 2010.

The financial results are expected to be lower than the profit for the same period in 2009.

Causes.

1. Increase in global prices

2. Increase in finance costs

3. Importation of illicit dry cell batteries by Mwau and pharmacist gang.
The signature of God runs in all things. Only fools fail to see it and believe in Him. However, others see it even where non exists - now you see where the false pastor comes in.
The Merchant
#2 Posted : Monday, November 29, 2010 5:03:01 PM
Rank: Veteran


Joined: 5/24/2010
Posts: 846
Location: KENYA
Tough industry for these guys. They should have used the IPO money to venture elsewhere, anywhere but batteries. Or used the IPO money to hire assassins to get rid of the illicit importers!!
VituVingiSana
#3 Posted : Monday, November 29, 2010 5:32:13 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,215
Location: Nairobi
So 2/3 merali companies have issued profit warnings...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
kyt
#4 Posted : Monday, November 29, 2010 5:39:10 PM
Rank: Elder


Joined: 11/7/2007
Posts: 2,182
its tough doing biz with merali. Sigh!
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
VituVingiSana
#5 Posted : Monday, November 29, 2010 6:00:29 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,215
Location: Nairobi
kyt wrote:
its tough doing biz with merali. Sigh!
No, It's easy... It is a one-way street... You pay, he takes!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
the deal
#6 Posted : Monday, November 29, 2010 6:15:52 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
hahaha maybe Sasini will issue a profit warning next week...LOL...
sheep
#7 Posted : Monday, November 29, 2010 7:49:33 PM
Rank: Veteran


Joined: 7/24/2008
Posts: 781
ile pesa he's skimmed from his cunning deals pia inapotelea kwa his other investments...yo cant con mother nature!
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
sparkly
#8 Posted : Monday, November 29, 2010 9:41:05 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
SELL SELL SELL but to whom do you sell?
Life is short. Live passionately.
sparkly
#9 Posted : Monday, November 29, 2010 9:42:46 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
SELL SELL SELL but to whom do you sell?
Life is short. Live passionately.
PKoli
#10 Posted : Monday, November 29, 2010 10:07:39 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
I will wait for it at 50 cents. I do not see any saviour for this paka.
youcan'tstopusnow
#11 Posted : Tuesday, November 30, 2010 7:00:28 AM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Down to its 9th life then?
GOD BLESS YOUR LIFE
ProverB
#12 Posted : Tuesday, November 30, 2010 7:13:12 AM
Rank: Veteran


Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
ya ya ya ... profit warning and all.. what is the value of the company? ..discount poor business prospects..what is the value?...per share?
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
Users browsing this topic
Guest
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Copyright © 2025 Wazua.co.ke. All Rights Reserved.