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E.A Cables FY 2012 PAT Up 66 percent
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VituVingiSana
#21 Posted : Thursday, February 28, 2013 10:13:37 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,129
Location: Nairobi
dunkang wrote:
murchr wrote:
dunkang wrote:
Copper Demand Outstrip Supply, because of China
A reason why E.A Cables will always make money, DEMAND!


How? They dont produce copper rather they require it as raw material?

China is buying the raw and using it all in its electrical and electronics industry, therefore;
- No cheap fakes from China to this region,
- Growing demand of Cu in the region can be met by a local manufacturer due to cost,
- the rising cost of Cu will keep off new manufacturers due to high Capital needed and inability to get the raw.
China imports copper to manufacture cables [among other goods] to export the 'finished' products...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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symbols
#22 Posted : Thursday, March 21, 2013 12:47:30 PM
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Joined: 3/19/2013
Posts: 2,552
If a business does well, the stock eventually follows - Warren Buffet
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mwekez@ji
#23 Posted : Thursday, April 25, 2013 6:44:42 PM
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Joined: 5/31/2011
Posts: 5,121
EA Cables plans Sh1bn investment

NAIROBI, Kenya, Apr 25 – East African Cables has outlined plans to invest more than Sh1 billion for capacity to produce medium voltage cables.

Speaking when he addressed shareholders during the firm’s 48th Annual General Meeting (AGM), the company’s Chairman Zeph Mbugua confirmed that the 2013-2014 market outlook will be boosted by marketing of a new range of products to regional power distributors and contractors.

http://www.capitalfm.co.ke/busi...-plans-sh1bn-investment/
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#24 Posted : Thursday, April 25, 2013 10:42:35 PM
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Joined: 3/19/2013
Posts: 2,552
mwekez@ji wrote:
EA Cables plans Sh1bn investment

NAIROBI, Kenya, Apr 25 – East African Cables has outlined plans to invest more than Sh1 billion for capacity to produce medium voltage cables.

Speaking when he addressed shareholders during the firm’s 48th Annual General Meeting (AGM), the company’s Chairman Zeph Mbugua confirmed that the 2013-2014 market outlook will be boosted by marketing of a new range of products to regional power distributors and contractors.

http://www.capitalfm.co.ke/busi...-plans-sh1bn-investment/


For some strange reason this is my gem.If scom/ak do well from data,hfck from real estate and kengen from power in my opinion they gain from all.
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dunkang
#25 Posted : Wednesday, May 08, 2013 12:57:38 PM
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Joined: 6/2/2011
Posts: 4,818
Location: -1.2107, 36.8831
KES28B Ethio-Kenya power line boost
Receive with simplicity everything that happens to you.” ― Rashi

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Ericsson
#26 Posted : Wednesday, May 08, 2013 1:07:06 PM
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Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
Don't see EA Cables getting any share since they do not have the capacity to produce the cables.
The countries of origin for the financiers are the ones set to benefit
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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dunkang
#27 Posted : Wednesday, May 08, 2013 1:51:58 PM
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Ericsson wrote:
Don't see EA Cables getting any share since they do not have the capacity to produce the cables.
The countries of origin for the financiers are the ones set to benefit

Financiers are Africa Development Bank.
Capacity is present.
Receive with simplicity everything that happens to you.” ― Rashi

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Ericsson
#28 Posted : Wednesday, May 08, 2013 2:09:21 PM
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Africa Development Bank is a name it has financiers behind it;just like Thika Road Superhighway Africa Development Bank was the main financier but the money was from the Chinese
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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symbols
#29 Posted : Wednesday, May 08, 2013 9:51:04 PM
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Joined: 3/19/2013
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smile
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