Wazua
»
Investor
»
Stocks
»
EABL HY 2014 results
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
The mbus is leaving "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 .
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
|
Tomorrow it will be KENGEN rallying Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
|
|
Rank: Chief Joined: 8/4/2010 Posts: 8,977
|
murchr wrote:The mbus is leaving Leaving with deflated tyres... The Tech damage will take more than defalted tyres to repair. Give it a while for the dust to settle. A retest always comes to confirm sellers are gone... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
hisah wrote:murchr wrote:The mbus is leaving Leaving with deflated tyres... The Tech damage will take more than defalted tyres to repair. Give it a while for the dust to settle. A retest always comes to confirm sellers are gone... Noted sir "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 .
|
|
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
|
Ericsson wrote:Tomorrow it will be KENGEN rallying From the charts, we might be headed for 8-9 range. Life is short. Live passionately.
|
|
Rank: Elder Joined: 12/7/2012 Posts: 11,908
|
sparkly wrote:Ericsson wrote:Tomorrow it will be KENGEN rallying From the charts, we might be headed for 8-9 range. nice, i hope so! Great In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
|
|
Rank: Member Joined: 2/18/2011 Posts: 448
|
Gerald Mahinda moves to kellogs from Diageo....i personally think this guy made EABL into a giant and seems all managers after him have/are still struggling with the hallmark being Adetu shoring up profits by disposing land in the name of restructuring . http://www.businessdaily...0/-/2vkp8y/-/index.html
Hope he one day returns to eabl even as a board member.Congratulations!!
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
Ericsson wrote:Tomorrow it will be KENGEN rallying I will not dismiss u. Ur premonitions hv come to pass, by the way was ur nickname your current profile name? "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 .
|
|
Rank: Member Joined: 2/1/2010 Posts: 272 Location: Nairobi
|
mibbz wrote:Gerald Mahinda moves to kellogs from Diageo....i personally think this guy made EABL into a giant and seems all managers after him have/are still struggling with the hallmark being Adetu shoring up profits by disposing land in the name of restructuring . http://www.businessdaily...0/-/2vkp8y/-/index.html
Hope he one day returns to eabl even as a board member.Congratulations!! I agree with you. Under him EABL seemed more focused than now and had less sideshows. Wish him all the best. The harder you work, the luckier you get
|
|
Rank: Elder Joined: 6/8/2013 Posts: 2,517
|
Can these guys pool and start their own Keroche? "ππ‘KQ makes money for everyone except the shareholder ππ " overheard in Wazua
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
BD wrote:Beer maker East African Breweries Limited (EABL) is in negotiations with the Treasury over the excise tax slapped on Senator Keg last year causing a plunge in sales, Diageo president for Africa Nick Blazquez has said. With 87 people dead of illicit brew the govt might just bend its own rule. Wacha tuone "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 .
|
|
Rank: Veteran Joined: 3/26/2012 Posts: 985 Location: Dar es salaam,Tanzania
|
murchr wrote:BD wrote:Beer maker East African Breweries Limited (EABL) is in negotiations with the Treasury over the excise tax slapped on Senator Keg last year causing a plunge in sales, Diageo president for Africa Nick Blazquez has said. With 87 people dead of illicit brew the govt might just bend its own rule. Wacha tuone As we wait for the budget,EABL looks done with 300 I am watching this one. βThe pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.β
|
|
Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
|
murchr wrote:BD wrote:Beer maker East African Breweries Limited (EABL) is in negotiations with the Treasury over the excise tax slapped on Senator Keg last year causing a plunge in sales, Diageo president for Africa Nick Blazquez has said. With 87 people dead of illicit brew the govt might just bend its own rule. Wacha tuone I read that 5,000 Senator establishments have closed shop to date after the tax was introduced. I've never seen sin tax reduced so this would be a first. BBI will solve it :)
|
|
Rank: Elder Joined: 2/16/2007 Posts: 2,114
|
Sales of senator went down 70 pc so how much tax did treasury get?This tax thing backfired..
|
|
Rank: Elder Joined: 2/26/2012 Posts: 15,980
|
Metasploit wrote:murchr wrote:BD wrote:Beer maker East African Breweries Limited (EABL) is in negotiations with the Treasury over the excise tax slapped on Senator Keg last year causing a plunge in sales, Diageo president for Africa Nick Blazquez has said. With 87 people dead of illicit brew the govt might just bend its own rule. Wacha tuone As we wait for the budget,EABL looks done with 300 I am watching this one. the Star wrote:BREWER Keroche Limited has urged the government to reduce, and not completely scrap tax, on low cost alcoholic drinks to create a level playing field.
In a memorandum presented to parliament's Finance, Planning and Trade Committee, Keroche argues that scrapping tax on low cost alcohol to fight consumption of illicit brews would be counter productive.
Keroche says the government needs to engage in a "delicate balancing act" of sustainably taxing the products in a way that makes them affordable to the low end market but still generating revenue to Treasury.
"Zero rating is not an option as it will imply a reduction on revenue collection with the spiral effect of increasing taxes, increasing prices and finally losing on the very war that we have persistently been fighting for," Keroche argues in that document.
"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 .
|
|
Rank: Elder Joined: 2/16/2007 Posts: 2,114
|
It seems Keroche loves paying taxes...what of the farmers who were growing sorghum?The jubilee garment is even taxing the dead i,e orbituary announcements are being taxed VAT.
|
|
Rank: Elder Joined: 11/26/2008 Posts: 2,097
|
Chaka wrote:It seems Keroche loves paying taxes...what of the farmers who were growing sorghum?The jubilee garment is even taxing the dead i,e orbituary announcements are being taxed VAT. NOT REALLY. Remission of excise duty on beer sold in Kegs used to benefit only EABL and as such Keroche has nothing to loose, and may have benefited from the decline in senator consumption/sales via its/her flagship products of Vienna and crescent spirits "Never regret, if its good, its wonderful. If its bad, its experience."
|
|
Rank: Elder Joined: 12/4/2009 Posts: 10,702 Location: NAIROBI
|
Just going through the EABL annual report and the company has quite a huge chunk of debt; Borrowing from Diageo---ksh.22,294,103,000 Other Borrowings----ksh.12,545,500,000 Bank overdraft----ksh.1,758,425,000 Total Borrowings---ksh.36,598,028,000 Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
|
|
Wazua
»
Investor
»
Stocks
»
EABL HY 2014 results
Forum Jump
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.
|