wazua Sat, Jan 11, 2025
Welcome Guest Search | Active Topics | Log In | Register

EA Portland Cement Loss Balloons to Half Billion
Pesa Nane
#1 Posted : Thursday, February 25, 2016 4:48:17 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#2 Posted : Thursday, February 25, 2016 5:01:43 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Profit Warning, PAP!

Quote:
Profit Warning:
The Company will record a lower income for the full year ending 30 June 2016 as the unrealized Fair Value Gain on investment property and the Gain on disposal of land will not recur this financial year. The Company therefore projects that the earnings for the year ending June 30, 2016 will at least be 25% less than the earnings of the previous year.
Pesa Nane plans to be shilingi when he grows up.
Cde Monomotapa
#3 Posted : Thursday, February 25, 2016 9:40:09 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
@8c did the Co. do the JPY,USD switch?

Interesting with the CB star wars.
Aguytrying
#4 Posted : Friday, February 26, 2016 1:20:35 AM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
Meanwhile Bamburi is almost doubling year on year profits
The investor's chief problem - and even his worst enemy - is likely to be himself
VituVingiSana
#5 Posted : Friday, February 26, 2016 9:17:23 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
Aguytrying wrote:
Meanwhile Bamburi is almost doubling year on year profits

Someone had started the "2 stocks for life" thread. I picked Bamburi coz it plods along doing well what it has done relatively well for the past 75 years.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#6 Posted : Friday, February 26, 2016 10:01:49 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
Company is just simply mismanaged.Looting and corruption order of the day in the "URP" companies
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Pesa Nane
#7 Posted : Friday, February 26, 2016 11:02:23 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Cde Monomotapa wrote:
@8c did the Co. do the JPY,USD switch?

Interesting with the CB star wars.


Not Yet!
Quote:
The foreign exchange loss in the period was Kshs 188m compare to a gain of Kshs 233m in the same period last year due to the weakening of the shilling against the dollar and Japanese Yen.
Pesa Nane plans to be shilingi when he grows up.
VituVingiSana
#8 Posted : Friday, February 26, 2016 11:42:21 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
Ericsson wrote:
Company is just simply mismanaged.Looting and corruption order of the day in the "URP" companies

URP, TNA, JAP, CORD, disCORD, PNU, GoK ... I stay far away from all of these except (closely watched) KenRe.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Cde Monomotapa
#9 Posted : Friday, February 26, 2016 12:31:01 PM
Rank: Chief


Joined: 1/13/2011
Posts: 5,964
Pesa Nane wrote:
Cde Monomotapa wrote:
@8c did the Co. do the JPY,USD switch?

Interesting with the CB star wars.


Not Yet!
Quote:
The foreign exchange loss in the period was Kshs 188m compare to a gain of Kshs 233m in the same period last year due to the weakening of the shilling against the dollar and Japanese Yen.


Thanks 8c. That's 609M. However, ccy inversion plays aren't that straight forward now. Punts mostly. Let's see.
Aguytrying
#10 Posted : Friday, February 26, 2016 5:34:13 PM
Rank: Elder


Joined: 7/11/2010
Posts: 5,040
VituVingiSana wrote:
Ericsson wrote:
Company is just simply mismanaged.Looting and corruption order of the day in the "URP" companies

URP, TNA, JAP, CORD, disCORD, PNU, GoK ... I stay far away from all of these except (closely watched) KenRe.


Me too. Kwanza this regime ni wale wabaya, daytime stealing
The investor's chief problem - and even his worst enemy - is likely to be himself
Users browsing this topic
Guest (4)
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.

Copyright © 2025 Wazua.co.ke. All Rights Reserved.