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EA Portland is in trouble! Competition...

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VituVingiSana		#1 Posted : Wednesday, January 26, 2011 11:41:31 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,223 Location: Nairobi		http://www.businessdaily...1/-/asxvnb/-/index.html EAPCC is in huge trouble. The chairman complains about 'unsustainable' pricing [reminds me of Safaricom]... [BTW, even KQ has dropped airfares] I like what is happening... Now we need more competitors for farmers/food, houses, cars, etc... Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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Horton		#2 Posted : Thursday, January 27, 2011 10:14:21 AM
Rank: Veteran Joined: 8/30/2007 Posts: 1,558 Location: Nairobi		yeah i think cement industry will be shaving some margins next.....quite similar to telecom & airline industry
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Gordon Gekko		#3 Posted : Monday, June 27, 2011 3:33:59 PM
Rank: Elder Joined: 5/27/2008 Posts: 3,760		Could this unlock its value? http://www.businessdaily...4/-/cecg6nz/-/index.html
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Cde Monomotapa		#4 Posted : Monday, June 27, 2011 3:56:06 PM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		I find it very confusing to find Bamburi cement being used @ a GoK project.
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VituVingiSana		#5 Posted : Monday, June 27, 2011 5:26:51 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,223 Location: Nairobi		Cde Monomotapa wrote: I find it very confusing to find Bamburi cement being used @ a GoK project. Kuweni Serious! All cement is not equal! Bamburi produces 'special cement' orders for specific projects i.e. the needs for a Dam or Road or Bridge are different. It would not surprise me if EAPCC did not have the expertise or technology for such orders. Jua kali can be dangerous as seen in Embakasi, now multiply that 1,000x... Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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Sober		#6 Posted : Monday, June 27, 2011 6:03:07 PM
Rank: Elder Joined: 11/27/2007 Posts: 3,604		Bamburi cement is supwrior to th othrs although when you check the cometitors thay all have a common shareholder, LAFARGE. This is a strategy to secure the risk in this competitive world. African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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2012		#7 Posted : Monday, June 27, 2011 6:08:59 PM
Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi		VituVingiSana wrote: I like what is happening... Now we need more competitors for farmers/food, houses, cars, etc... I think this trend will hit all sectors. With castle brewing in the mix beer will come down, sugar prices will tumble come next year, Bank profits will come down too with entry of HSBC and other banks and I still can't wait for those big, rich Chinese banks to start opening banklets here. BBI will solve it :)
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Cde Monomotapa		#8 Posted : Monday, June 27, 2011 6:30:41 PM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		2012 wrote: VituVingiSana wrote: I like what is happening... Now we need more competitors for farmers/food, houses, cars, etc... I think this trend will hit all sectors. With castle brewing in the mix beer will come down, sugar prices will tumble come next year, Bank profits will come down too with entry of HSBC and other banks and I still can't wait for those big, rich Chinese banks to start opening banklets here. NB: HSBC has only been allowed to open a representative office. It doesn't have a full banking licence. It is somewhere on the CBK website.
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Cde Monomotapa		#9 Posted : Monday, June 27, 2011 6:33:21 PM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		VituVingiSana wrote: Cde Monomotapa wrote: I find it very confusing to find Bamburi cement being used @ a GoK project. Kuweni Serious! All cement is not equal! Bamburi produces 'special cement' orders for specific projects i.e. the needs for a Dam or Road or Bridge are different. It would not surprise me if EAPCC did not have the expertise or technology for such orders. Jua kali can be dangerous as seen in Embakasi, now multiply that 1,000x... LOL!! Ok..at that scale it is important to be discerning.
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2012		#10 Posted : Monday, June 27, 2011 6:36:54 PM
Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi		Cde Monomotapa wrote: NB: HSBC has only been allowed to open a representative office. It doesn't have a full banking licence. It is somewhere on the CBK website. But you can bet as King James would say *"they are not investing here for the dividends"* BBI will solve it :)
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Cde Monomotapa		#11 Posted : Monday, June 27, 2011 6:38:16 PM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		But even @ not so sophisticated GoK mjengos u'll have Bamburi & not Matendechere!!
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Cde Monomotapa		#12 Posted : Monday, June 27, 2011 6:43:02 PM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		2012 wrote: Cde Monomotapa wrote: NB: HSBC has only been allowed to open a representative office. It doesn't have a full banking licence. It is somewhere on the CBK website. But you can bet as King James would say *"they are not investing here for the dividends"* Most definitely. I see their role being to arrange foriegn debt & capital deals via our local financial instituitions especially when we make NIFC.
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mwekez@ji		#13 Posted : Tuesday, June 28, 2011 12:02:50 AM
Rank: Chief Joined: 5/31/2011 Posts: 5,121		Portland share price is also speaking loud. It keeps recording new lows and often has no buyers. Its surely a company in trouble.
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