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EA Cables FY 2013 results 23% down
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FUNKY
#1 Posted : Friday, March 14, 2014 3:42:43 PM
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Cde Monomotapa
#2 Posted : Monday, March 17, 2014 4:54:11 PM
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Joined: 1/13/2011
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FY2013 http://bit.ly/1qLyaFd

Final Div. 60cts
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FUNKY
#3 Posted : Monday, March 17, 2014 5:21:02 PM
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Interim dividend was also 60 cts..total dividend 1.20..this share should be trading in 20s region
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nashx
#4 Posted : Monday, March 17, 2014 5:25:16 PM
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Interim was actually 40cts...although I agree with you, it should trade at around 20
Offering my personal finance knowledge for free
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muganda
#5 Posted : Monday, March 17, 2014 5:27:52 PM
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Joined: 9/15/2006
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The natural question is how low EA Cables will fall.
Surprising FY 2013 results 23% decline in EPS with final 0.60 dividend.

So P/E is now 11.5 with a 6.3% dividend yield; much duller 5% turnover growth.
Such a narrow miss from issuing a profit warning.
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dunkang
#6 Posted : Monday, March 17, 2014 6:30:59 PM
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muganda wrote:
The natural question is how low EA Cables will fall.

Such a narrow miss from issuing a profit warning.


Panel beating of results
Receive with simplicity everything that happens to you.” ― Rashi

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VituVingiSana
#7 Posted : Monday, March 17, 2014 7:37:20 PM
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Joined: 1/3/2007
Posts: 18,124
Location: Nairobi
2013 was a tough year for many firms...

Those that made a profit were lucky. Those that eked a gain over 2012 were luckier. Those that made double digits were very lucky!

Even banks had a rough time!!! And that is saying something in Kenya!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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murchr
#8 Posted : Monday, March 17, 2014 7:57:49 PM
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Joined: 2/26/2012
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Warning shots were fired
"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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guru267
#9 Posted : Monday, March 17, 2014 8:44:17 PM
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Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
muganda wrote:
The natural question is how low EA Cables will fall.
Surprising FY 2013 results 23% decline in EPS with final 0.60 dividend.

So P/E is now 11.5 with a 6.3% dividend yield; much duller 5% turnover growth.
Such a narrow miss from issuing a profit warning.



@muganda the results though disappointing, were expected.. just look at half year results and you would see the signs!

If the price falls I'm flooding in...Seriously! Sell to me at anything below 15 since I'm getting paid to wait for the real money...

Mark 12:29
Deuteronomy 4:16
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Aguytrying
#10 Posted : Monday, March 17, 2014 10:57:38 PM
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Joined: 7/11/2010
Posts: 5,040
guru267 wrote:
muganda wrote:
The natural question is how low EA Cables will fall.
Surprising FY 2013 results 23% decline in EPS with final 0.60 dividend.

So P/E is now 11.5 with a 6.3% dividend yield; much duller 5% turnover growth.
Such a narrow miss from issuing a profit warning.



@muganda the results though disappointing, were expected.. just look at half year results and you would see the signs!

If the price falls I'm flooding in...Seriously! Sell to me at anything below 15 since I'm getting paid to wait for the real money...



it's hard to disagree with you. only thing I fear is tranny. hard to trust them. they can buyout the firm or sell it. anytime
The investor's chief problem - and even his worst enemy - is likely to be himself
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hisah
#11 Posted : Tuesday, March 18, 2014 5:12:09 AM
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Joined: 8/4/2010
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Zinc charts - www.kitcometals.com/charts/zinc_historical.html

Copper charts - www.kitcometals.com/charts/copper_historical.html

Aluminium - www.kitcometals.com/char...luminium_historical.html

If chingland miners default drama scales up and EACL improves turnover, it's worth a shot.

But I'm not a fan of firms that retain high div payouts when PAT is crimmed more than 20%. Keep that cash for a rainy day.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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mwekez@ji
#12 Posted : Tuesday, March 18, 2014 8:54:14 AM
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Poor performance! Poor shallow report!! Alot is hidden!!!
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guru267
#13 Posted : Tuesday, March 18, 2014 12:01:38 PM
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Location: Nairobi
hisah wrote:
But I'm not a fan of firms that retain high div payouts when PAT is crimmed more than 20%. Keep that cash for a rainy day.


on the contrary.... such firms have a good future outlook!

2013 is dead and gone!
Mark 12:29
Deuteronomy 4:16
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kigaa
#14 Posted : Wednesday, March 19, 2014 11:27:08 AM
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Joined: 3/19/2014
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dunkang wrote:
muganda wrote:
The natural question is how low EA Cables will fall.

Such a narrow miss from issuing a profit warning.


Panel beating of results
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georgegop
#15 Posted : Wednesday, March 19, 2014 2:34:59 PM
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Posts: 183
Location: Migingo
Am seriously thinking of getting in at 15 or below but.....
Don't Work for Money, Let Money Work for You..
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hisah
#16 Posted : Wednesday, March 19, 2014 4:44:16 PM
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hisah wrote:
Zinc charts - www.kitcometals.com/charts/zinc_historical.html

Copper charts - www.kitcometals.com/charts/copper_historical.html

Aluminium - www.kitcometals.com/char...luminium_historical.html

If chingland miners default drama scales up and EACL improves turnover, it's worth a shot.

But I'm not a fan of firms that retain high div payouts when PAT is crimmed more than 20%. Keep that cash for a rainy day.

A few weeks ago copper looked like it would stage a short term reversal, but since the chingland defaults became pronounced, it's falling off the cliff!







$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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mwekez@ji
#17 Posted : Wednesday, March 19, 2014 5:35:20 PM
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Joined: 5/31/2011
Posts: 5,121
hisah wrote:
hisah wrote:
Zinc charts - www.kitcometals.com/charts/zinc_historical.html

Copper charts - www.kitcometals.com/charts/copper_historical.html

Aluminium - www.kitcometals.com/char...luminium_historical.html

If chingland miners default drama scales up and EACL improves turnover, it's worth a shot.

But I'm not a fan of firms that retain high div payouts when PAT is crimmed more than 20%. Keep that cash for a rainy day.

A few weeks ago copper looked like it would stage a short term reversal, but since the chingland defaults became pronounced, it's falling off the cliff!









When does this company's bottom line do well, when the metal prices are low or high?
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hisah
#18 Posted : Wednesday, March 19, 2014 8:08:25 PM
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@mweke - the query is what are the raw materials? The metals? If so, then a fall in commodo prices works to their advantage as well as a stable KES. That leaves sales on the spot light to improve turnover.
$15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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guru267
#19 Posted : Wednesday, March 19, 2014 9:18:41 PM
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Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
KPLC will be splashing more cash this year after they got what they wanted!
Mark 12:29
Deuteronomy 4:16
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