Wazua
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MATERIAL ANNOUNCEMENT BY CAR AND GENERAL
Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Guys what is the material announcement by C &G? Hope the results are good. Has anyone received their bonus shares? Mine are yet to be credited.
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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Results not good at all..but revenue were up 20%...PBT down by almost 79%...PAT down 84%....but management cautiously optimistic that they will match last years earnings cos they increased prices in March..bad performance due to surge in costs i.e weak shilling that negatively impacted margins.
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Rank: Chief Joined: 1/3/2007 Posts: 18,221 Location: Nairobi
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Yaani, things are elephant for C&G since the KES is still showing signs of weakness! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Wazua
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MATERIAL ANNOUNCEMENT BY CAR AND GENERAL
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