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EABL HY 2014 results
Rank: Elder Joined: 10/9/2008 Posts: 5,389
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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The goose that lay the golden eggs was killed by incessant taxation by GOK. Company has been raising prices to keep up with taxation as the costs of production run amok and consumer's purchasing power is eroded. Life is short. Live passionately.
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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What is Diageo doing wrong with this african beer makers? Niku-fyam! Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 9/15/2006 Posts: 3,905
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Now now based on Guinness Nigeria's dismal performance, my quick assessment may be more to blame for Diageo's woes... Could also be a story of local vs foreign business acumen?
Or the story of greed in the face of peaceful coexistence?
Or the story of inept borne of political hedges?Or on a more balanced note, an emerging market slowdown from lower disposable income and unforeseen regulatory hurdles http://uk.reuters.com/ar...s-idUKBREA0T0F220140130
dunkang wrote:What is Diageo doing wrong with this african beer makers? Niku-fyam!
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Rank: Elder Joined: 9/15/2006 Posts: 3,905
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What a frame of mind! Kick the tyres. Kick them all the time.Aly-Khan Satchu wrote:And my final observation is around EABL's 1st half results release. These results were having to hurdle an 85% collapse in Senator beer volumes and when you look at the results in totality they were surprisingly muscular.
The flagship brand Tusker was +17%, Uganda was a stand out, reserve spirits followed on a triple digit full year gain with a +50% gain.
My point is arrived at via what has happened because of the excise duty increase. The Government targeted Sh6.2 billion of extra revenue and because of the collapse post the price increase, it's actually a negative return. My final observation is therefore this. Imagine if this is extrapolated across the economy.
I think legitimate tax payers [and its a narrow base] have now been squeezed beyond the limit that it is in danger of cannibalising itself as it cannibalised Senator.
Let Senator be a lesson and someone should calculate the fall-out. The number of outlets closed, the number of jobs lost, the number of work days lost because of the spike in llicits. In other news, shakeup at the board begins. Old political hands out, more local regulatory savvy folks plus a close eye from Diageo Africa COO http://www.businessdailyafrica....80/-/2ce8dd/-/index.html
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Rank: New-farer Joined: 4/6/2013 Posts: 95
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muganda wrote:What a frame of mind! Kick the tyres. Kick them all the time.Aly-Khan Satchu wrote:And my final observation is around EABL's 1st half results release. These results were having to hurdle an 85% collapse in Senator beer volumes and when you look at the results in totality they were surprisingly muscular.
The flagship brand Tusker was +17%, Uganda was a stand out, reserve spirits followed on a triple digit full year gain with a +50% gain.
My point is arrived at via what has happened because of the excise duty increase. The Government targeted Sh6.2 billion of extra revenue and because of the collapse post the price increase, it's actually a negative return. My final observation is therefore this. Imagine if this is extrapolated across the economy.
I think legitimate tax payers [and its a narrow base] have now been squeezed beyond the limit that it is in danger of cannibalising itself as it cannibalised Senator.
Let Senator be a lesson and someone should calculate the fall-out. The number of outlets closed, the number of jobs lost, the number of work days lost because of the spike in llicits. In other news, shakeup at the board begins. Old political hands out, more local regulatory savvy folks plus a close eye from Diageo Africa COO http://www.businessdailyafrica....80/-/2ce8dd/-/index.html muscular results? The fundamentals says a different story. Based on its ROE and an MARR of 10pc this counter is now valued below 100kshs but due to that its a foreigners favorite and emotionally traded by locals,it can hold up above the mark. Monopoly was the industrial age money game and the name of the new game of money today in the information age is CASHFLOW
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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I'm I the only one eyeing getting a piece of this east african giant that's a foreigner favourite at a beaten down price The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Aguytrying wrote:I'm I the only one eyeing getting a piece of this east african giant that's a foreigner favourite at a beaten down price I am on record saying that EABL is fairly priced at KShs 150 and i will hold on for that price. This will be my anchor stock for 2015-2017. Life is short. Live passionately.
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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Aguytrying wrote:I'm I the only one eyeing getting a piece of this east african giant that's a foreigner favourite at a beaten down price 200/- and below, is what i can pay for this 'giant'. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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dunkang wrote:Aguytrying wrote:I'm I the only one eyeing getting a piece of this east african giant that's a foreigner favourite at a beaten down price 200/- and below, is what i can pay for this 'giant'. 150 Bob will come to pass by May 2014 so be ready! In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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Angelica _ann wrote:dunkang wrote:Aguytrying wrote:I'm I the only one eyeing getting a piece of this east african giant that's a foreigner favourite at a beaten down price 200/- and below, is what i can pay for this 'giant'. 150 Bob will come to pass by May 2014 so be ready!  So i should be preparing my money? 150/- is quite a bargain, i don't think it will reach there. 200/- am buying and keeping for an unknown long time. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Aguytrying wrote:I'm I the only one eyeing getting a piece of this east african giant that's a foreigner favourite at a beaten down price Its still the largest co in EA so am waiting for it come baby come. But goes to show again that management has to be Kenyan oriented these wazungus dont understand the dynamics of EA economy "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
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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sparkly wrote:Aguytrying wrote:I'm I the only one eyeing getting a piece of this east african giant that's a foreigner favourite at a beaten down price I am on record saying that EABL is fairly priced at KShs 150 and i will hold on for that price. This will be my anchor stock for 2015-2017. That Jan 24th vol has sliced a lot of support levels forcing a switch from neutral to bearish on the charts. It's oversold now and a bounce is likely, but objective is 200/- level gets tested and a break aims 180.
The vol on Jan 24 sniped eabl, mpesa bank, member and simba and at the 5100 resistance. @aguy hold ur cards, don't fight this tide until the vol weather storm clears...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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hisah wrote:sparkly wrote:Aguytrying wrote:I'm I the only one eyeing getting a piece of this east african giant that's a foreigner favourite at a beaten down price I am on record saying that EABL is fairly priced at KShs 150 and i will hold on for that price. This will be my anchor stock for 2015-2017. That Jan 24th vol has sliced a lot of support levels forcing a switch from neutral to bearish on the charts. It's oversold now and a bounce is likely, but objective is 200/- level gets tested and a break aims 180.
The vol on Jan 24 sniped eabl, mpesa bank, member and simba and at the 5100 resistance. @aguy hold ur cards, don't fight this tide until the vol weather storm clears... I hear you loud and clear. Notice how "how to tell the nse has bottomed" has become a lonely place. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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Aguytrying wrote:hisah wrote:sparkly wrote:Aguytrying wrote:I'm I the only one eyeing getting a piece of this east african giant that's a foreigner favourite at a beaten down price I am on record saying that EABL is fairly priced at KShs 150 and i will hold on for that price. This will be my anchor stock for 2015-2017. That Jan 24th vol has sliced a lot of support levels forcing a switch from neutral to bearish on the charts. It's oversold now and a bounce is likely, but objective is 200/- level gets tested and a break aims 180.
The vol on Jan 24 sniped eabl, mpesa bank, member and simba and at the 5100 resistance. @aguy hold ur cards, don't fight this tide until the vol weather storm clears... I hear you loud and clear. Notice how "how to tell the nse has bottomed" has become a lonely place. I like it when that thread becomes a silent corner. Picking up the pieces on fat discounts is always well... What I don't understand is why corrections or dips are not fancied at NSE...$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: New-farer Joined: 1/28/2014 Posts: 26
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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pnyaga wrote:Wait for it at 90 bob! That will be SUPERB for me.  Just like @Young, am looking for 3-5 stocks that i will hold for a very long time (undefined), and EABL is a strong contender, if the right price comes up! Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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dunkang wrote:pnyaga wrote:Wait for it at 90 bob! That will be SUPERB for me. Just like @Young, am looking for 3-5 stocks that i will hold for a very long time (undefined), and EABL is a strong contender, if the right price comes up! A good strategy. Been thinking of it too. By the way, @young's strategy is very similar to @warren buffets. he doesnt wait for bargains anymore. what do you think of these candidates. NMG SAFCOM EQUITY BANK DIAMOND TRUST BANK HFCK PAN AFRICA JUBILEE EABL BAMBURI ARM BAT CROWN PAINTS . But only on beaten down prices like 2011/2009 prices or equivalent The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 6/2/2011 Posts: 4,818 Location: -1.2107, 36.8831
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Aguytrying wrote:dunkang wrote:pnyaga wrote:Wait for it at 90 bob! That will be SUPERB for me. Just like @Young, am looking for 3-5 stocks that i will hold for a very long time (undefined), and EABL is a strong contender, if the right price comes up! A good strategy. Been thinking of it too. By the way, @young's strategy is very similar to @warren buffets. he doesnt wait for bargains anymore. what do you think of these candidates. NMG SAFCOM EQUITY BANK DIAMOND TRUST BANK HFCK PAN AFRICA JUBILEE EABL BAMBURI ARM BAT CROWN PAINTS But only on beaten down prices like 2011/2009 prices or equivalent In your selection, this is how i "feel" NMGSAFCOMEQUITY BANKDIAMOND TRUST BANKHFCKPAN AFRICAJUBILEEEABLBAMBURIARMBATCROWN PAINTS Receive with simplicity everything that happens to you.” ― Rashi
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