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Eveready 2014 FY PAT negative 177m
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Magnate
#1 Posted : Monday, January 19, 2015 6:40:48 PM
Rank: Member


Joined: 11/1/2013
Posts: 257
Eveready sinks into loss after factory closure

2014 Vs 2013
PAT [177.589m] vs 45.092m
EPS [0.85] vs 0.21
Closing price today 3.90

Profit from operations = 55m.loss was as a result of an extra ordinary one of cost relating to plant closure amounting to 246m

http://www.rich.co.ke/me...ptember%2030%202014.pdf

http://www.businessdaily...14/-/ekyn3z/-/index.html
No diagnosis,no pragnosis,no pragnosis no profit......Jesse livermore
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streetwise
#2 Posted : Tuesday, January 20, 2015 8:39:11 AM
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Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
What do investors see in this Company
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Boris Boyka
#3 Posted : Tuesday, January 20, 2015 9:16:47 AM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
streetwise wrote:
What do investors see in this Company

what you see/saw in MSC
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Impunity
#4 Posted : Tuesday, January 20, 2015 9:17:08 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
Where do they get the batts they are selling? I though they should have been removed from NSE by now!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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guru267
#5 Posted : Tuesday, January 20, 2015 9:22:10 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Impunity wrote:
Where do they get the batts they are selling? I though they should have been removed from NSE by now!


They now import batteries from Egypt at a much lower cost than producing them in Kenya!
Mark 12:29
Deuteronomy 4:16
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mlennyma
#6 Posted : Tuesday, January 20, 2015 9:23:55 AM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
[quote=Magnate]Eveready sinks into loss after factory closure

2014 Vs 2013
PAT [177.589m] vs 45.092m
EPS [0.85] vs 0.21
Closing price today 3.90

Profit from operations = 55m.loss was as a result of an extra ordinary one of cost relating to plant closure amounting to 246m

http://www.rich.co.ke/me...ptember%2030%202014.pdf

http://www.businessdaily...4/-/ekyn3z/-/index.html[/quote]
Not bad factoring retrenchment costs
"Don't let the fear of losing be greater than the excitement of winning."
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sparkly
#7 Posted : Wednesday, January 21, 2015 8:02:45 AM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Quote:
The battery maker also partly
blamed insecurity at the Coast,
Nairobi, and northern Kenya for
the drop in its domestic revenue.



Paka cannot be helped. Instead of seeing opportunities, they see challenges. Insecurity should translate to more need for lighting
at night hence more demand for its products.

Then all the decoders coming into the country for digital migration must be having remote controllers, how about trying to sell spare batts to the buyers.

Car batteries, LiOH batteries - They should have diversified into these markets instead of paying paltry dividends to please please shareholders.

Lastly, anything the Mzungu cashes out from, be very careful before touching eg Paka, sameer, Dunlop.


Life is short. Live passionately.
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Impunity
#8 Posted : Wednesday, January 21, 2015 9:26:59 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,328
Location: Masada
guru267 wrote:
Impunity wrote:
Where do they get the batts they are selling? I though they should have been removed from NSE by now!


They now import batteries from Egypt at a much lower cost than producing them in Kenya!


What now happens in the factory in Nakuru?
Can they sell it to those Wahindis making soap and cooking oil like Menengai etal?
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.
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guru267
#9 Posted : Wednesday, January 21, 2015 10:47:26 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Impunity wrote:
guru267 wrote:
Impunity wrote:
Where do they get the batts they are selling? I though they should have been removed from NSE by now!


They now import batteries from Egypt at a much lower cost than producing them in Kenya!


What now happens in the factory in Nakuru?
Can they sell it to those Wahindis making soap and cooking oil like Menengai etal?


The land will be used by Flamingo properties Ltd. to put up a commercial building!
Mark 12:29
Deuteronomy 4:16
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Boris Boyka
#10 Posted : Wednesday, January 21, 2015 11:46:13 AM
Rank: Veteran


Joined: 11/15/2013
Posts: 1,977
Location: Here
guru267 wrote:
Impunity wrote:
guru267 wrote:
Impunity wrote:
Where do they get the batts they are selling? I though they should have been removed from NSE by now!


They now import batteries from Egypt at a much lower cost than producing them in Kenya!


What now happens in the factory in Nakuru?
Can they sell it to those Wahindis making soap and cooking oil like Menengai etal?


The land will be used by Flamingo properties Ltd. to put up a commercial building!

That will be superb...enough space good scenery...plus out of Cbd.....it will attract.
Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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Magnate
#11 Posted : Thursday, January 22, 2015 1:27:46 PM
Rank: Member


Joined: 11/1/2013
Posts: 257
Alaaas !!! The company announces a loss and the share hits some new highs @4.0 with zero Supply.
NSE never fails to amaze me #Defying the rules
No diagnosis,no pragnosis,no pragnosis no profit......Jesse livermore
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sparkly
#12 Posted : Thursday, January 22, 2015 2:52:42 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Magnate wrote:
Alaaas !!! The company announces a loss and the share hits some new highs @4.0 with zero Supply.
NSE never fails to amaze me #Defying the rules


Final push by the microcaps. NSE 20 is already struggling.
Life is short. Live passionately.
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streetwise
#13 Posted : Thursday, January 22, 2015 4:50:36 PM
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Joined: 6/23/2011
Posts: 1,740
Location: Nairobi
8th wonder of the world...Real-estate in Kenya. You mention that and everyone wants a piece it is like the gold rush
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mv_ufanisi
#14 Posted : Thursday, January 22, 2015 5:56:11 PM
Rank: Member


Joined: 1/15/2010
Posts: 625
Magnate wrote:
Alaaas !!! The company announces a loss and the share hits some new highs @4.0 with zero Supply.
NSE never fails to amaze me #Defying the rules


You can defy gravity for a while but ultimately it will pull you down.
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Gatheuzi
#15 Posted : Thursday, January 22, 2015 6:07:49 PM
Rank: Veteran


Joined: 8/16/2009
Posts: 994
guru267 wrote:
Impunity wrote:
guru267 wrote:
Impunity wrote:
Where do they get the batts they are selling? I though they should have been removed from NSE by now!


They now import batteries from Egypt at a much lower cost than producing them in Kenya!


What now happens in the factory in Nakuru?
Can they sell it to those Wahindis making soap and cooking oil like Menengai etal?


The land will be used by Flamingo properties Ltd. to put up a commercial building!

Does Eveready own Flamingo? Or it will be like Sameer Business Park, which is not part of Sameer Africa!
Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Realtreaty
#16 Posted : Monday, February 16, 2015 10:37:14 AM
Rank: Elder


Joined: 8/16/2011
Posts: 2,297
PAKA RE-LOADED

smile smile @5 Bob paka must be eating a fully grown pig daily! It has turned to be one of the darling in NSE. For those who entered at bad angles can now enjoy a 300-400% increase in price.
It has downed the giant Mumias and moved on.d'oh! d'oh! d'oh!
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 Report Abusive | Report SPAM | Edit by moderator: Monday, February 16, 2015 11:09 AM | Reason: topics merged
guru267
#17 Posted : Monday, February 16, 2015 12:07:39 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
Gatheuzi wrote:
guru267 wrote:
Impunity wrote:
guru267 wrote:
Impunity wrote:
Where do they get the batts they are selling? I though they should have been removed from NSE by now!


They now import batteries from Egypt at a much lower cost than producing them in Kenya!


What now happens in the factory in Nakuru?
Can they sell it to those Wahindis making soap and cooking oil like Menengai etal?


The land will be used by Flamingo properties Ltd. to put up a commercial building!

Does Eveready own Flamingo? Or it will be like Sameer Business Park, which is not part of Sameer Africa!


Flamingo is 100% owned by Paka...
Mark 12:29
Deuteronomy 4:16
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Pesa Nane
#18 Posted : Wednesday, April 15, 2015 7:00:18 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Impunity wrote:
guru267 wrote:
Impunity wrote:
Where do they get the batts they are selling? I though they should have been removed from NSE by now!


They now import batteries from Egypt at a much lower cost than producing them in Kenya!


What now happens in the factory in Nakuru?
Can they sell it to those Wahindis making soap and cooking oil like Menengai etal?

Quote:
EVEREADY EAST AFRICA LIMITED

NOTICE & AGENDA OF THE 48TH ANNUAL GENERAL MEETING

NOTICE IS HEREBY GIVEN that the forty eigth (48th) AGM of Eveready East Africa Ltd will be held at Merica Hotel, Nakuru on Thursday May 14, 2015 at 11 a.m.

SPECIAL BUSINESS
(i) "The Company be authorised to liquidate the unutilized equipment on the property situate on Title Number Nakuru Block II/46 in order to raise capital to allow the Company diversify into new business in accordance with its Strategic Plan 2013-2017",

(ii) "The Company be authorised to acquire 50% common equity in a Company to be set up under a joint venture arrangement with Orbit Chemicals Ltd for the purposes of pursuing common business interest to support the Company's diversification plans under its strategic lan 2013-2017."


The Sasini script. @maka are you still running?
Pesa Nane plans to be shilingi when he grows up.
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