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Bamburi Cement FY13 EPS down 21.5%
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guru267
#11 Posted : Friday, March 07, 2014 7:16:30 PM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Now this was a very unpleasant surprise!! Sad

But at least the management pay the shareholders to sit put as they work on a recovery plan..

I find these results shocking with the way the cement sector is booming here in Kenya and East Africa.
Mark 12:29
Deuteronomy 4:16
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mwekez@ji
#12 Posted : Friday, March 07, 2014 7:30:23 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
guru267 wrote:
Now this was a very unpleasant surprise!! Sad

But at least the management pay the shareholders to sit put as they work on a recovery plan..

I find these results shocking with the way the cement sector is booming here in Kenya and East Africa.


Competitors are eating into Bamburi market share. Bamburi cement is quite priced hence competitors winning. If trend continue, more woes unto this company ... HY14 PAT may be a turnaround, but on cost savings? *not good*
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guru267
#13 Posted : Saturday, March 08, 2014 9:41:03 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
mwekez@ji wrote:
guru267 wrote:
Now this was a very unpleasant surprise!! Sad

But at least the management pay the shareholders to sit put as they work on a recovery plan..

I find these results shocking with the way the cement sector is booming here in Kenya and East Africa.


Competitors are eating into Bamburi market share. Bamburi cement is quite priced hence competitors winning. If trend continue, more woes unto this company ... HY14 PAT may be a turnaround, but on cost savings? *not good*


They ought to secure themselves from the huge threats like ARM and Dangote especially pricing cement bags... They have enough capital to build a power plant!
Mark 12:29
Deuteronomy 4:16
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dunkang
#14 Posted : Thursday, July 10, 2014 9:08:45 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
NAIROBI, Kenya, July 9 – The World’s largest cement maker based in Switzerland, Holcim has ruled out plans for a take-over in the intended indirect acquisition of Kenya’s listed Bamburi Cement Limited.

In a statement on Wednesday Holcim said if it successfully merged with France-based cement firm Lafarge SA, which has a 58.6 controlling stake in Bamburi Cement, it will not issue a take-over offer to Bamburi Cement.

“We have no intention of making a take-over offer for BCL,” Holcim said.

Instead, each Lafarge shareholder would receive an equal number of newly issued ordinary shares of Holcim in a public exchange offer.
Receive with simplicity everything that happens to you.” ― Rashi

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2012
#15 Posted : Thursday, July 10, 2014 9:16:26 AM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
I still don't get why companies like Lafarge sell out.

BBI will solve it :)
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Aguytrying
#16 Posted : Thursday, July 10, 2014 10:17:52 AM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
2012 wrote:
I still don't get why companies like Lafarge sell out.


Its not a sell out. Its a "merger of equals" 50-50 down the middle. The new entity will be called Lafargeholcim
The investor's chief problem - and even his worst enemy - is likely to be himself
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Boris Boyka
#17 Posted : Thursday, July 10, 2014 12:03:47 PM
Rank: Veteran

Joined: 11/15/2013
Posts: 1,977
Location: Here
@Aguy seems the 6/- interim after close of books didn't affect the price much! @guru was in this blue chip ako on which seat
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Aguytrying
#18 Posted : Thursday, July 10, 2014 4:49:15 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
Boris Boyka wrote:
@Aguy seems the 6/- interim after close of books didn't affect the price much! @guru was in this blue chip ako on which seat


the books haven't yet closed. indeed the half year results haven't been even announced. they announced the interim even before results! enjoy the dividend when it comes, capital gains will come much later.
The investor's chief problem - and even his worst enemy - is likely to be himself
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littledove
#19 Posted : Thursday, July 10, 2014 4:58:17 PM
Rank: Veteran

Joined: 7/1/2014
Posts: 927
Location: sky
Aguytrying wrote:
Boris Boyka wrote:
@Aguy seems the 6/- interim after close of books didn't affect the price much! @guru was in this blue chip ako on which seat


the books haven't yet closed. indeed the half year results haven't been even announced. they announced the interim even before results! enjoy the dividend when it comes, capital gains will come much later.

how is that possible or a campany can reward shareholders any time they like
There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
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Aguytrying
#20 Posted : Thursday, July 10, 2014 5:08:59 PM
Rank: Elder

Joined: 7/11/2010
Posts: 5,040
littledove wrote:
Aguytrying wrote:
Boris Boyka wrote:
@Aguy seems the 6/- interim after close of books didn't affect the price much! @guru was in this blue chip ako on which seat


the books haven't yet closed. indeed the half year results haven't been even announced. they announced the interim even before results! enjoy the dividend when it comes, capital gains will come much later.

how is that possible or a campany can reward shareholders any time they like


seeing is believing

www.businessdailyafrica....4/-/dvjfl9z/-/index.html
The investor's chief problem - and even his worst enemy - is likely to be himself
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