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E.A Cables 1H13 PAT drops 16.8%
mwekez@ji
#1 Posted : Thursday, August 01, 2013 5:41:35 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
CIC turned against expectation, now this
murchr
#2 Posted : Thursday, August 01, 2013 5:45:09 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
What are the reasons given?
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
mlennyma
#3 Posted : Thursday, August 01, 2013 6:00:04 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
The fortunes of this tranny's baby may be over,i thought it was doing well but for now 12bob we come
"Don't let the fear of losing be greater than the excitement of winning."
muganda
#4 Posted : Thursday, August 01, 2013 6:34:39 PM
Rank: Elder


Joined: 9/15/2006
Posts: 3,905
Sad indeed mwekez@ji. You info is ahead even of the NSE let alone Bloomberg, Reuters smile

Would you be so kind as to favour us with a link?
mwekez@ji
#5 Posted : Thursday, August 01, 2013 6:51:05 PM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
@murchr @muganda ;-) ... unfortunately have only received the headline news. looking for a copy of the results
the deal
#6 Posted : Thursday, August 01, 2013 7:17:16 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Interesting...but Cables slide wont hurt Tranny...
mwekez@ji
#7 Posted : Friday, August 02, 2013 12:29:07 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Sales -0.92%
Operating Profit -21.50%
Net Finance Cost -85.16%
PBT -18.33%
PAT -16.77%

Management attributed this to low keyed activity locally in the first quarter of the year
murchr
#8 Posted : Friday, August 02, 2013 1:01:35 AM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
mwekez@ji wrote:
Sales -0.92%
Operating Profit -21.50%
Net Finance Cost -85.16%
PBT -18.33%
PAT -16.77%

Management attributed this to low keyed activity locally in the first quarter of the year


As long as m-China is selling cheaper products, not only in KE but in the region then this counter will continue to perform poorly
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
mwekez@ji
#9 Posted : Friday, August 02, 2013 10:55:04 AM
Rank: Chief


Joined: 5/31/2011
Posts: 5,121
Very shallow reporting!!! No breakdown of expenses, assets, liabilities and the activities that used cash!!! Cant NSE/CMA demand better reporting like CBK demands from banks!!!

https://www.nse.co.ke/listed-com...-group-unaudited-results
symbols
#10 Posted : Tuesday, August 20, 2013 12:04:38 AM
Rank: Elder


Joined: 3/19/2013
Posts: 2,552
I have an unhealthy relationship with cablesLaughing out loudly
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