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Loss making companies at the NSE
Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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obiero wrote:Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk
If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments Loss making companies are not suitable for investment.However speculators find something in them.But its good to keep off those companies both speculators and Long term investors. Towards the goal of financial freedom
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Rank: Chief Joined: 1/3/2007 Posts: 18,107 Location: Nairobi
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obiero wrote:Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk
If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments Hi @Obiero, which firms from the list above have not made a profit for 5 years? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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VituVingiSana wrote:obiero wrote:Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk
If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments Hi @Obiero, which firms from the list above have not made a profit for 5 years? Hi @vvs.. I am not sure
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Chief Joined: 1/3/2007 Posts: 18,107 Location: Nairobi
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obiero wrote:VituVingiSana wrote:obiero wrote:Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk
If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments Hi @Obiero, which firms from the list above have not made a profit for 5 years? Hi @vvs.. I am not sure Hmmm, perhaps other Wazuans can help... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk
If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments Agriculturals on the list can be forgiven since their business is cyclical depending on 1). weather both locally and in competitor nations 2). exchange rates 3). Labour and industrial action. They have learnt to deal with the ups and downs by accumulating reserves as well sitting on huge tracts of land. Life is short. Live passionately.
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Rank: Member Joined: 3/20/2008 Posts: 503
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VituVingiSana wrote:obiero wrote:VituVingiSana wrote:obiero wrote:Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk
If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments Hi @Obiero, which firms from the list above have not made a profit for 5 years? Hi @vvs.. I am not sure Hmmm, perhaps other Wazuans can help... Could it be the famous KQ?
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Rank: Chief Joined: 1/3/2007 Posts: 18,107 Location: Nairobi
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sparkly wrote:obiero wrote:Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk
If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments Agriculturals on the list can be forgiven since their business is cyclical depending on 1). weather both locally and in competitor nations 2). exchange rates 3). Labour and industrial action. They have learnt to deal with the ups and downs by accumulating reserves as well sitting on huge tracts of land. I don't think most agricultural firms have made losses for 5 years running. I know Kakuzi, Williamson and Kapchorua have made both profits and losses since 2012. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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obiero wrote:Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk
If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments Flame Tree made a profit of Ksh. 40 million, if memory serves me right. Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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Pesa Nane wrote:obiero wrote:Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk
If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments Flame Tree made a profit of Ksh. 40 million, if memory serves me right. Thanks for the update. Other corrections and additions are welcome
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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obiero wrote:Pesa Nane wrote:obiero wrote:Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk
If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments Flame Tree made a profit of Ksh. 40 million, if memory serves me right. Thanks for the update. Other corrections and additions are welcome Williamson Tea also reported a decent HY17 Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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arm, cables, cargeneral, deacons, eapc, eveready, express, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: New-farer Joined: 2/8/2018 Posts: 73
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Car&General is profitable
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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RIEK01 wrote:Car&General is profitable Are you sure? https://www.businessdail...39042-13uloqy/index.html
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 1/8/2018 Posts: 2,211 Location: DC (Dustbowl County)
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obiero wrote:Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk
If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments Obiesh, wacha fitina!  You know FULL WELL Eveready declared a roaring profit for the most recent financial year. They even paid a juicy dividend that approximated to almost a whopping 50% of the value of the stock! Yaani we recovered half our monies overnight. One can argue till the cows come home HOW the profit was achieved, but unless someone repeals the definition of a profit, EVRD came through in spades.
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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Which one is the biggest giant of the loss making companies, is it kurwitu?  In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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Angelica _ann wrote:Which one is the biggest giant of the loss making companies, is it kurwitu? Yes. In relation to the size of its business, it could proportionally be the biggest loss making entity at the NSE. It's either Kurwitu or HAL.. For more context, MSC or KQ could make a loss of KES 1B and the same would be mentioned as a minor slip into the red, while other firms could close shop! Like KQ has losses totaling to KES 82.6B over the last five years and its still operational, with an operating profit!
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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obiero wrote:Angelica _ann wrote:Which one is the biggest giant of the loss making companies, is it kurwitu? Yes. In relation to the size of its business, it could proportionally be the biggest loss making entity at the NSE. It's either Kurwitu or HAL.. For more context, MSC or KQ could make a loss of KES 1B and the same would be mentioned as a minor slip into the red, while other firms could close shop! Like KQ has losses totaling to KES 82.6B over the last five years and its still operational, with an operating profit! Indeed Kurwitu is the biggest loss maker in the history of nse. Relative to size KQ loss is a profit. Life is short. Live passionately.
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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sparkly wrote:obiero wrote:Angelica _ann wrote:Which one is the biggest giant of the loss making companies, is it kurwitu? Yes. In relation to the size of its business, it could proportionally be the biggest loss making entity at the NSE. It's either Kurwitu or HAL.. For more context, MSC or KQ could make a loss of KES 1B and the same would be mentioned as a minor slip into the red, while other firms could close shop! Like KQ has losses totaling to KES 82.6B over the last five years and its still operational, with an operating profit! Indeed Kurwitu is the biggest loss maker in the history of nse. Relative to size KQ loss is a profit. Exactly! Like if GoK lost KES 100B in a financial year to the normal corrupt cartels.. Kenya would still operate like nothing happened! That's KQ, the Pride of Africa which is expected to post its first profit in 5 years, during H1 2018
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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Rank: Elder Joined: 6/23/2009 Posts: 13,520 Location: nairobi
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MugundaMan wrote:obiero wrote:Maybe we need a quick reference point for all the listed companies currently in loss territory.. Here they are: arm, cables, cargeneral, deacons, eapc, eveready, express, ftg, hal, kapch, kurwitu, kq, limuru, mumias, olympia, sameer, uchumi, umeme, wtk
If you ask me, these are many companies for the number of listed companies at the NSE. More reason to support the exchange bar theory that less than 20 listed firms make the cut as viable investments Obiesh, wacha fitina! You know FULL WELL Eveready declared a roaring profit for the most recent financial year. They even paid a juicy dividend that approximated to almost a whopping 50% of the value of the stock! Yaani we recovered half our monies overnight. One can argue till the cows come home HOW the profit was achieved, but unless someone repeals the definition of a profit, EVRD came through in spades. @Mugush mimi sio Mungu bwana. Corrections are welcome!
HF 90,000 ABP 3.83; KQ 414,100 ABP 7.92; MTN 23,800 ABP 6.45
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