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Eveready East Africa rumour!
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maka
#71 Posted : Tuesday, September 30, 2014 6:59:19 PM
Rank: Elder

Joined: 4/22/2010
Posts: 11,522
Location: Nairobi
murchr wrote:
Remember you only make money when you sell

smile
possunt quia posse videntur
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sparkly
#72 Posted : Wednesday, October 01, 2014 6:58:04 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
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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dunkang
#73 Posted : Wednesday, October 01, 2014 7:55:02 AM
Rank: Elder

Joined: 6/2/2011
Posts: 4,824
Location: -1.2107, 36.8831
mawinder wrote:
Mucene wrote:
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

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

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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mawinder
#74 Posted : Wednesday, October 01, 2014 8:24:24 AM
Rank: Elder

Joined: 4/30/2008
Posts: 6,029
dunkang wrote:
mawinder wrote:
Mucene wrote:
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

Laughing out loudly Laughing out loudly Laughing out loudly Laughing out loudly

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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biddii
#75 Posted : Wednesday, October 01, 2014 9:02:20 AM
Rank: New-farer

Joined: 9/25/2014
Posts: 27
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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jerry
#76 Posted : Wednesday, October 01, 2014 10:59:08 AM
Rank: Elder

Joined: 9/29/2006
Posts: 2,570
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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Magnate
#77 Posted : Wednesday, October 01, 2014 1:44:55 PM
Rank: Member

Joined: 11/1/2013
Posts: 257
LAUNCH OF EVEREADY'S 2013-2017 STRATEGY

http://ge.tt/2jegd002/v/0?c
No diagnosis,no pragnosis,no pragnosis no profit......Jesse livermore
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mlennyma
#78 Posted : Friday, October 03, 2014 11:50:42 AM
Rank: Elder

Joined: 7/21/2010
Posts: 6,194
Location: nairobi
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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Sober
#79 Posted : Friday, October 03, 2014 12:39:22 PM
Rank: Elder

Joined: 11/27/2007
Posts: 3,604
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 Liar
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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VituVingiSana
#80 Posted : Friday, October 03, 2014 1:00:17 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
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 Applause Applause Applause ... 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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