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Eveready East Africa rumour!
Rank: Elder Joined: 2/26/2012 Posts: 15,980
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Remember you only make money when you sell "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: Veteran Joined: 7/1/2014 Posts: 903 Location: sky
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Angelica _ann wrote:Jaina wrote:Monkey business it is. 62% gain in a day on news of closure of factory. This defies any professor's theories
Positive outlook on news on joining the property bandwagon! when is kenya power joining property bandwagon, somebody should advice them to announce something or go spices like korch, we need a rally in that corner 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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Rank: Member Joined: 5/13/2008 Posts: 558
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biddii wrote:I think the price rise is understandable. The company has got rid of the factory which if you look at there last set of accounts was costing the approx 250m to run as operating expenses. They will still distribute batteries which they are getting from Egypt. Therefore I don't see much change in the turnover or the cost of sales. You could feasibly see the EPS going up to Kshs 1/- as there are only 210m issued shares.
Furthermore, the real estate project will actual realize the cost of the land asset and that should help the companies NAV.
In the short term there will be the cost of staff retrenchment but there could be a favourable story in the coming years if managed correctly. Distribute Batteries?. How often does an average Kenyan buy batteries?. Its like buying Kodak shares
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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biddii wrote:I think the price rise is understandable. The company has got rid of the factory which if you look at there last set of accounts was costing the approx 250m to run as operating expenses. They will still distribute batteries which they are getting from Egypt. Therefore I don't see much change in the turnover or the cost of sales. You could feasibly see the EPS going up to Kshs 1/- as there are only 210m issued shares.
Furthermore, the real estate project will actual realize the cost of the land asset and that should help the companies NAV.
In the short term there will be the cost of staff retrenchment but there could be a favourable story in the coming years if managed correctly. Keep away my friend. This is what a corporate death looks like. The next step is delisting from the NSE. Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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Realtreaty wrote:Kihara joni wrote:Still buying Mumias this craziness might move over to it, first it was NSE now paka next? KK will be next and then Sameer. I foresee a time KK will in a week time trace its way to 21Kes very soon. Sameer is on the cards and Merali will pray his Diamond ACE card before November. At least KK has a legit business that has growth potential both in terms of sales of petroleum products and a lot of valuable real estate. Sameer is being stripped of (valuable) real estate by Merali. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: New-farer Joined: 9/25/2014 Posts: 27
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sparkly wrote:biddii wrote:I think the price rise is understandable. The company has got rid of the factory which if you look at there last set of accounts was costing the approx 250m to run as operating expenses. They will still distribute batteries which they are getting from Egypt. Therefore I don't see much change in the turnover or the cost of sales. You could feasibly see the EPS going up to Kshs 1/- as there are only 210m issued shares.
Furthermore, the real estate project will actual realize the cost of the land asset and that should help the companies NAV.
In the short term there will be the cost of staff retrenchment but there could be a favourable story in the coming years if managed correctly. Keep away my friend. This is what a corporate death looks like. The next step is delisting from the NSE. @sparkly. Got in last week at levels of 2.7 and 2.8. Will monitor movements closely and see how this plays out.
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Rank: Member Joined: 8/4/2012 Posts: 155 Location: Kenya
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littledove wrote:Angelica _ann wrote:Jaina wrote:Monkey business it is. 62% gain in a day on news of closure of factory. This defies any professor's theories
Positive outlook on news on joining the property bandwagon! when is kenya power joining property bandwagon, somebody should advice them to announce something or go spices like korch, we need a rally in that corner  If you don't want to go to plan B have a good plan A.
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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Jaina wrote:Monkey business it is. 62% gain in a day on news of closure of factory. This defies any professor's theories
Management accounting. Open/close decisions, eliminate fixed costs. Fixed costs here are salaries, electricity which are eliminated by closing. The fixed costs associated with other lines can support themselves.
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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Yes, these NSE companies should just make announcements.I no longer care about NAV,ratios etc.To me it is which company is expected to announce something.
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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Gordon Gekko wrote:Jaina wrote:Monkey business it is. 62% gain in a day on news of closure of factory. This defies any professor's theories
Management accounting. Open/close decisions, eliminate fixed costs. Fixed costs here are salaries, electricity which are eliminated by closing. The fixed costs associated with other lines can support themselves. Addition: The mgt can re-engineer the business. @bidii, "...got in last week ..." Are you an insider? The opposite of courage is not cowardice, it's conformity.
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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murchr wrote:Remember you only make money when you sell  possunt quia posse videntur
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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biddii wrote:sparkly wrote:biddii wrote:I think the price rise is understandable. The company has got rid of the factory which if you look at there last set of accounts was costing the approx 250m to run as operating expenses. They will still distribute batteries which they are getting from Egypt. Therefore I don't see much change in the turnover or the cost of sales. You could feasibly see the EPS going up to Kshs 1/- as there are only 210m issued shares.
Furthermore, the real estate project will actual realize the cost of the land asset and that should help the companies NAV.
In the short term there will be the cost of staff retrenchment but there could be a favourable story in the coming years if managed correctly. Keep away my friend. This is what a corporate death looks like. The next step is delisting from the NSE. @sparkly. Got in last week at levels of 2.7 and 2.8. Will monitor movements closely and see how this plays out. All the best. 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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mawinder wrote:Yes, these NSE companies should just make announcements.I no longer care about NAV,ratios etc.To me it is which company is expected to announce something. Welcome to the club. Receive with simplicity everything that happens to you.” ― Rashi
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Rank: Elder Joined: 4/30/2008 Posts: 6,029
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dunkang wrote:mawinder wrote:Yes, these NSE companies should just make announcements.I no longer care about NAV,ratios etc.To me it is which company is expected to announce something. Welcome to the club. Thanks,
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Rank: New-farer Joined: 9/25/2014 Posts: 27
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jerry wrote:Gordon Gekko wrote:Jaina wrote:Monkey business it is. 62% gain in a day on news of closure of factory. This defies any professor's theories
Management accounting. Open/close decisions, eliminate fixed costs. Fixed costs here are salaries, electricity which are eliminated by closing. The fixed costs associated with other lines can support themselves. Addition: The mgt can re-engineer the business. @bidii, "...got in last week ..." Are you an insider? Not an insider in any way. Just sensed that the real estate play was the right thing to do. They had mentioned earlier that they were registered Flamingo Kenya for such a project. Closure of the factory just turned out to be an additional plus at it was expensive to run
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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biddii wrote:jerry wrote:Gordon Gekko wrote:Jaina wrote:Monkey business it is. 62% gain in a day on news of closure of factory. This defies any professor's theories
Management accounting. Open/close decisions, eliminate fixed costs. Fixed costs here are salaries, electricity which are eliminated by closing. The fixed costs associated with other lines can support themselves. Addition: The mgt can re-engineer the business. @bidii, "...got in last week ..." Are you an insider? Not an insider in any way. Just sensed that the real estate play was the right thing to do. They had mentioned earlier that they were registered Flamingo Kenya for such a project. Closure of the factory just turned out to be an additional plus at it was expensive to run Good. Thanks The opposite of courage is not cowardice, it's conformity.
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Rank: Member Joined: 11/1/2013 Posts: 257
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LAUNCH OF EVEREADY'S 2013-2017 STRATEGYhttp://ge.tt/2jegd002/v/0?cNo diagnosis,no pragnosis,no pragnosis no profit......Jesse livermore
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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The chicken is coming back home to roost "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 11/27/2007 Posts: 3,604
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mlennyma wrote:The chicken is coming back home to roost I see a supply of 270,000 shares between 4.10 and 4.50 with Zero demand. It seems no one wants to be left holding the monkey. I bey the 10% rule is the only thing helping this counter not print 3.25  African parents don't know how to say sorry.. the closest you will get to a sorry is a 'have you eaten'
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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biddii wrote:jerry wrote:Gordon Gekko wrote:Jaina wrote:Monkey business it is. 62% gain in a day on news of closure of factory. This defies any professor's theories
Management accounting. Open/close decisions, eliminate fixed costs. Fixed costs here are salaries, electricity which are eliminated by closing. The fixed costs associated with other lines can support themselves. Addition: The mgt can re-engineer the business. @bidii, "...got in last week ..." Are you an insider? Not an insider in any way. Just sensed that the real estate play was the right thing to do. They had mentioned earlier that they were registered Flamingo Kenya for such a project. Closure of the factory just turned out to be an additional plus at it was expensive to run And that is smart. Reading between the lines using PUBLICLY AVAILABLE information  ... Though, I think merali will screw shareholders over with a JV like he did Firestone shareholders. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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