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MATERIAL ANNOUNCEMENT BY CAR AND GENERAL
FUNKY
#1 Posted : Monday, May 30, 2011 2:47:31 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
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.
the deal
#2 Posted : Monday, May 30, 2011 3:08:10 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
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.
VituVingiSana
#3 Posted : Tuesday, May 31, 2011 8:50:57 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,221
Location: Nairobi
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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