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Paka 9 (Eveready) Not ready to slit our throats FY 2011?????
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Realtreaty
#1 Posted : Thursday, December 29, 2011 8:15:44 PM
Rank: Elder


Joined: 8/16/2011
Posts: 2,360
Sad Sad Seems we might escape the noose this year as eveready delays bringing in the rope to the demise room! It has a day to go in 2011 on 30th Dec 2011 and still looking which door will crack first!
Ok, hope our sins will be forgiven in 2012 with a 20 cents bonus!Pray Pray Pray Pray
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jerry
#2 Posted : Friday, December 30, 2011 1:06:34 AM
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Joined: 9/29/2006
Posts: 2,570
Is NevaReady still worth a thread on Wazua?
The opposite of courage is not cowardice, it's conformity.
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sparkly
#3 Posted : Friday, December 30, 2011 8:24:41 AM
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Joined: 9/23/2009
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@realtreaty what are you still doing in a sinking (al shabaab) boat? KDF is firing the final rounds.
Life is short. Live passionately.
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Realtreaty
#4 Posted : Friday, December 30, 2011 5:02:25 PM
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Joined: 8/16/2011
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Laughing out loudly Laughing out loudly Laughing out loudly d'oh! d'oh!
sparkly wrote:
@realtreaty what are you still doing in a sinking (al shabaab) boat? KDF is firing the final rounds.
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simonmaina71@gmail.com
#5 Posted : Friday, December 30, 2011 8:43:22 PM
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Joined: 11/14/2011
Posts: 50
Eveready...hmmm...some principles are hard to dispute..one of them that penny stocks have the highest return on capital...but bear the greatest risks...and in most cases it isnt worth it...I avoid them at all costs.
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platinum seeker
#6 Posted : Friday, January 27, 2012 6:30:31 PM
Rank: New-farer


Joined: 10/22/2010
Posts: 35
Location: Nairobi
Realtreaty wrote:
Sad Sad Seems we might escape the noose this year as eveready delays bringing in the rope to the demise room! It has a day to go in 2011 on 30th Dec 2011 and still looking which door will crack first!
Ok, hope our sins will be forgiven in 2012 with a 20 cents bonus!Pray Pray Pray Pray


Eveready has just announced a 124M loss for the year ended September 30th 2011. Blames high inflation and 54M made to cater for waste management and slow moving machinery spares, among other reasons.
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mlennyma
#7 Posted : Friday, January 27, 2012 8:22:25 PM
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Bleeding everywhere including the A*s
"Don't let the fear of losing be greater than the excitement of winning."
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FUNKY
#8 Posted : Friday, January 27, 2012 8:53:41 PM
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Joined: 4/30/2010
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mlennyma
#9 Posted : Saturday, January 28, 2012 8:54:52 AM
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Next step is sell of assets including factory..dividend will be two pieces of goat meat.i once owned 200shares of this rat.
"Don't let the fear of losing be greater than the excitement of winning."
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Njung'e
#10 Posted : Saturday, January 28, 2012 10:02:24 AM
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mlennyma wrote:
Next step is sell of assets including factory..dividend will be two pieces of goat meat.i once owned 200shares of this rat.


Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly
Nothing great was ever achieved without enthusiasm.
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sparkly
#11 Posted : Sunday, January 29, 2012 8:34:41 AM
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Location: Enk are Nyirobi
mlennyma wrote:
Next step is sell of assets including factory..dividend will be two pieces of goat meat.i once owned 200shares of this rat.


the fate of this company is so predictable.

if you have shares, SELL and RUN. Management should liquidate this thing while its still solvent, otherwise creditors and shareholder will get nothing.
Life is short. Live passionately.
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guru267
#12 Posted : Sunday, January 29, 2012 9:05:24 AM
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Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
sparkly wrote:
the fate of this company is so predictable.

if you have shares, SELL and RUN. Management should liquidate this thing while its still solvent, otherwise creditors and shareholder will get nothing.


Im sure the total value of its individual assets are worth much more if sold seperately rather than if sold as a company..

If they continue like this below 1bob will definitely print in 2012..
Mark 12:29
Deuteronomy 4:16
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QW25091985
#13 Posted : Sunday, January 29, 2012 11:50:53 AM
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Joined: 1/24/2012
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Location: In Da Hood
i love speculating but this one i cannot even touch !
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mlennyma
#14 Posted : Sunday, January 29, 2012 6:56:38 PM
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Location: nairobi
Surely eveready should consider converting to a condom manufacturing company.
"Don't let the fear of losing be greater than the excitement of winning."
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Aguytrying
#15 Posted : Sunday, January 29, 2012 8:56:05 PM
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Joined: 7/11/2010
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What i wonder is. Energizer and duracell are doing well-i suppose as they are still in business. They sell their competing products in the same market at everneedy. And they are even more expensive. What i wonder is what ails everneedy?
The investor's chief problem - and even his worst enemy - is likely to be himself
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VituVingiSana
#16 Posted : Monday, January 30, 2012 11:42:43 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,261
Location: Nairobi
merali will make money... the rest of you are suckers!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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mukiha
#17 Posted : Monday, January 30, 2012 4:17:03 PM
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Joined: 6/27/2008
Posts: 4,114
Aguytrying wrote:
What i wonder is. Energizer and duracell are doing well-i suppose as they are still in business. They sell their competing products in the same market at everneedy. And they are even more expensive. What i wonder is what ails everneedy?


Overheads; overheads; overheads. The problem is the factory with all its attendant overheads.

By the way Energizer is and Eveready product, though not manufactured in Kenya.

Eveready branded batteries are Zinc-Chloride based. Energizer and Duracell are alkaline. The latter lasts about six times the former and costs about three times the former.

In short, the alkalines are half the price of the Zn-Cls.

But, if they play it right, they can still get market for their ZnCl batts. The answer lies in LED torches.

I bought an Energizer LED camping lamp over 6 months ago and fitted kawaida Eveready batts. I went camping once and I have been using it during KPLC blackouts ever since. Still haven't changed the batts.

The only problem is that LED torches are expensive.... but I think there is a trick around this.

All told; I'm not touching this one....
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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FUNKY
#18 Posted : Tuesday, January 31, 2012 8:35:37 AM
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Joined: 4/30/2010
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mukiha
#19 Posted : Tuesday, January 31, 2012 8:43:55 AM
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Joined: 6/27/2008
Posts: 4,114
Imagine you were an employee; would you support the impending lay-off?
Nothing is real unless it can be named; nothing has value unless it can be sold; money is worthless unless you spend it.
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