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EAAGADS FY15
Pesa Nane
#1 Posted : Friday, July 29, 2016 11:04:00 AM
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 : Friday, July 29, 2016 11:08:16 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Did I miss a profit warning somewhere along the way? d'oh!
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#3 Posted : Friday, July 29, 2016 11:11:19 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Quote:
Dividend
The Directors do not recommend payment of a dividend for the financial year ended 31 March 2016 (31 March 2015: Also Nil)
Pesa Nane plans to be shilingi when he grows up.
Ebenyo
#4 Posted : Friday, July 29, 2016 1:14:02 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
whats the problem with this company?
Towards the goal of financial freedom
mlennyma
#5 Posted : Friday, July 29, 2016 3:12:27 PM
Rank: Elder


Joined: 7/21/2010
Posts: 6,183
Location: nairobi
Should change name to laggard
"Don't let the fear of losing be greater than the excitement of winning."
Ebenyo
#6 Posted : Monday, January 02, 2017 5:27:57 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
A company with no official website?
Towards the goal of financial freedom
wukan
#7 Posted : Monday, January 02, 2017 8:52:00 AM
Rank: Veteran


Joined: 11/13/2015
Posts: 1,595
Ebenyo wrote:
A company with no official website?


We are only 663 shareholders here why do we need a website? We sell and grow coffee beans which only enables the company meet operating costs. We have prime land and zero loans in our books. We love it that way smile smile
obiero
#8 Posted : Monday, January 02, 2017 10:15:37 AM
Rank: Elder


Joined: 6/23/2009
Posts: 13,532
Location: nairobi
wukan wrote:
Ebenyo wrote:
A company with no official website?


We are only 663 shareholders here why do we need a website? We sell and grow coffee beans which only enables the company meet operating costs. We have prime land and zero loans in our books. We love it that way smile smile

LOL.. Kuwa serious

HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
Ebenyo
#9 Posted : Monday, January 02, 2017 4:19:43 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
wukan wrote:
Ebenyo wrote:
A company with no official website?


We are only 663 shareholders here why do we need a website? We sell and grow coffee beans which only enables the company meet operating costs. We have prime land and zero loans in our books. We love it that way smile smile


After the sale of 300 hacters of land to Tatu city,the company is left with only 187 hacters.This will hardly generate sustainable revenue for any tangible returns on equity.
Matters are worse with production costs consuming 70% of the revenue.
With profit margin of 0.4%,i advise all small shareholders here to flee.
Renaisance capital with 62% ownership, is full of dubious guys behind the Tatu city scandal.
Towards the goal of financial freedom
sparkly
#10 Posted : Monday, January 02, 2017 5:18:17 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
wukan wrote:
Ebenyo wrote:
A company with no official website?


We are only 663 shareholders here why do we need a website? We sell and grow coffee beans which only enables the company meet operating costs. We have prime land and zero loans in our books. We love it that way smile smile


Open a WhatsApp group Laughing out loudly Laughing out loudly
Life is short. Live passionately.
wukan
#11 Posted : Monday, January 02, 2017 6:38:19 PM
Rank: Veteran


Joined: 11/13/2015
Posts: 1,595
Ebenyo wrote:
wukan wrote:
Ebenyo wrote:
A company with no official website?


We are only 663 shareholders here why do we need a website? We sell and grow coffee beans which only enables the company meet operating costs. We have prime land and zero loans in our books. We love it that way smile smile


After the sale of 300 hacters of land to Tatu city,the company is left with only 187 hacters.This will hardly generate sustainable revenue for any tangible returns on equity.
Matters are worse with production costs consuming 70% of the revenue.
With profit margin of 0.4%,i advise all small shareholders here to flee.
Renaisance capital with 62% ownership, is full of dubious guys behind the Tatu city scandal.


What do you mean? ROE is around 32%. The shareholder register has actually grown over the last few years. In 2013 it was only 293 shareholders. Renaissance guys are not dubious as you say. Try to get the facts right about Tatu city scandal. If you are looking at the coffee production you are missing the point by a mile. You see the trees instead of the forest. Did you sell at 17?
Pesa Nane
#12 Posted : Tuesday, April 18, 2017 11:34:04 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
I'll just place it here
Pesa Nane plans to be shilingi when he grows up.
sparkly
#13 Posted : Tuesday, April 18, 2017 12:06:04 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
wukan wrote:
Ebenyo wrote:
wukan wrote:
Ebenyo wrote:
A company with no official website?


We are only 663 shareholders here why do we need a website? We sell and grow coffee beans which only enables the company meet operating costs. We have prime land and zero loans in our books. We love it that way smile smile


After the sale of 300 hacters of land to Tatu city,the company is left with only 187 hacters.This will hardly generate sustainable revenue for any tangible returns on equity.
Matters are worse with production costs consuming 70% of the revenue.
With profit margin of 0.4%,i advise all small shareholders here to flee.
Renaisance capital with 62% ownership, is full of dubious guys behind the Tatu city scandal.


What do you mean? ROE is around 32%. The shareholder register has actually grown over the last few years. In 2013 it was only 293 shareholders. Renaissance guys are not dubious as you say. Try to get the facts right about Tatu city scandal. If you are looking at the coffee production you are missing the point by a mile. You see the trees instead of the forest. Did you sell at 17?


Company actually makes a gross loss from coffee operations. Another sale of land will leave an empty shell.
Life is short. Live passionately.
wukan
#14 Posted : Tuesday, April 18, 2017 12:52:57 PM
Rank: Veteran


Joined: 11/13/2015
Posts: 1,595
sparkly wrote:
wukan wrote:
Ebenyo wrote:
wukan wrote:
Ebenyo wrote:
A company with no official website?


We are only 663 shareholders here why do we need a website? We sell and grow coffee beans which only enables the company meet operating costs. We have prime land and zero loans in our books. We love it that way smile smile


After the sale of 300 hacters of land to Tatu city,the company is left with only 187 hacters.This will hardly generate sustainable revenue for any tangible returns on equity.
Matters are worse with production costs consuming 70% of the revenue.
With profit margin of 0.4%,i advise all small shareholders here to flee.
Renaisance capital with 62% ownership, is full of dubious guys behind the Tatu city scandal.


What do you mean? ROE is around 32%. The shareholder register has actually grown over the last few years. In 2013 it was only 293 shareholders. Renaissance guys are not dubious as you say. Try to get the facts right about Tatu city scandal. If you are looking at the coffee production you are missing the point by a mile. You see the trees instead of the forest. Did you sell at 17?


Company actually makes a gross loss from coffee operations. Another sale of land will leave an empty shell.


Coffee farming is horrible business. Can't remember anyone whose made any serious returns from it. It's better planting avocados and macadamia nuts like Kakuzi.
Eventually the land will be leased out and we can concentrate on processing the coffeesmile
Pesa Nane
#15 Posted : Friday, May 05, 2017 10:22:00 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Whatever happened to "thank you" common courtesy
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#16 Posted : Friday, June 02, 2017 11:06:52 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#17 Posted : Wednesday, June 07, 2017 9:31:43 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
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