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Eveready EA FY17
Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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VituVingiSana wrote:2012 wrote:Very surprised to see Eveready's new appointment, Sitati in the dailies today. Shouldn't he be in jail after knocking a man dead while driving under the influence? Jaguar is an MP Joel Kibe is out on bail. #ThisIsKenya Crazy.... possunt quia posse videntur
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Rank: Member Joined: 1/1/2011 Posts: 396
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2012 wrote:Very surprised to see Eveready's new appointment, Sitati in the dailies today. Shouldn't he be in jail after knocking a man dead while driving under the influence? Proceed with caution here. What was the court-case outcome?
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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jmbada wrote:2012 wrote:Very surprised to see Eveready's new appointment, Sitati in the dailies today. Shouldn't he be in jail after knocking a man dead while driving under the influence? Proceed with caution here. What was the court-case outcome? There is no need for caution since we all know how these cases are handled in Kenya under #wakora. 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: Member Joined: 1/1/2011 Posts: 396
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Angelica _ann wrote:jmbada wrote:2012 wrote:Very surprised to see Eveready's new appointment, Sitati in the dailies today. Shouldn't he be in jail after knocking a man dead while driving under the influence? Proceed with caution here. What was the court-case outcome? There is no need for caution since we all know how these cases are handled in Kenya under #wakora. Answer the question. What was the court case and what was the outcome?
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Rank: Elder Joined: 12/7/2012 Posts: 11,908
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jmbada wrote:Angelica _ann wrote:jmbada wrote:2012 wrote:Very surprised to see Eveready's new appointment, Sitati in the dailies today. Shouldn't he be in jail after knocking a man dead while driving under the influence? Proceed with caution here. What was the court-case outcome? There is no need for caution since we all know how these cases are handled in Kenya under #wakora. Answer the question. What was the court case and what was the outcome? Outcome, we all know why outcome is outcome bwana!!! 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: Member Joined: 1/1/2011 Posts: 396
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Angelica _ann wrote:jmbada wrote:Angelica _ann wrote:jmbada wrote:2012 wrote:Very surprised to see Eveready's new appointment, Sitati in the dailies today. Shouldn't he be in jail after knocking a man dead while driving under the influence? Proceed with caution here. What was the court-case outcome? There is no need for caution since we all know how these cases are handled in Kenya under #wakora. Answer the question. What was the court case and what was the outcome? Outcome, we all know why outcome is outcome bwana!!! So you don't even know if hebwas ever charged?
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Rank: Elder Joined: 12/9/2009 Posts: 6,592 Location: Nairobi
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jmbada wrote:2012 wrote:Very surprised to see Eveready's new appointment, Sitati in the dailies today. Shouldn't he be in jail after knocking a man dead while driving under the influence? Proceed with caution here. What was the court-case outcome? He was released after paying a fine of I think 300k. This is from the Nation newspaper DRIVING WHILE DRUNK
A man who died on Gatundu Road in Nairobi’s Kileleshwa area at 3am on December 10, this year, joins the list of people killed on the road and whose families are looking up to the courts for justice.
Mr Sitati was charged with causing death by dangerous driving and the prosecution says he was drink-driving on the wrong lane when he killed the father of five.
The fact that Mr Sitati was given a Sh50,000 police bond after his arrest, ahead of his appearing in court on December 16 — meaning he was going on with his duties shortly after the incident — is sure to draw questions from some Kenyans who are often quick to complain that some influential people are left to roam free shortly after being detained.
Mr Kipsanai’s death evokes memories of a guard who was killed in Nairobi’s Runda estate when billionaire businessman Joel Kibe crashed into a security barrier on the morning of February 1, 2016.
Prosecutors said Mr Kibe was driving a Range Rover Vogue while drunk. He denied charges against him and was released on a Sh300,000 bond. BBI will solve it :)
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Rank: Member Joined: 1/1/2011 Posts: 396
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2012 wrote:jmbada wrote:2012 wrote:Very surprised to see Eveready's new appointment, Sitati in the dailies today. Shouldn't he be in jail after knocking a man dead while driving under the influence? Proceed with caution here. What was the court-case outcome? He was released after paying a fine of I think 300k. This is from the Nation newspaper DRIVING WHILE DRUNK
A man who died on Gatundu Road in Nairobi’s Kileleshwa area at 3am on December 10, this year, joins the list of people killed on the road and whose families are looking up to the courts for justice.
Mr Sitati was charged with causing death by dangerous driving and the prosecution says he was drink-driving on the wrong lane when he killed the father of five.
The fact that Mr Sitati was given a Sh50,000 police bond after his arrest, ahead of his appearing in court on December 16 — meaning he was going on with his duties shortly after the incident — is sure to draw questions from some Kenyans who are often quick to complain that some influential people are left to roam free shortly after being detained.
Mr Kipsanai’s death evokes memories of a guard who was killed in Nairobi’s Runda estate when billionaire businessman Joel Kibe crashed into a security barrier on the morning of February 1, 2016.
Prosecutors said Mr Kibe was driving a Range Rover Vogue while drunk. He denied charges against him and was released on a Sh300,000 bond. Now that is a more useful response.I don't believe this case ever progressed.
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Top individual shareholder in Eveready Karim Jamal benefited from the Energizer sell-down. His total shares jumped 319,900 to 9.43 million shares during the period, closing with 4.34 per cent shareholding. https://www.businessdail...50578-i54xic/index.html
> That's less than 9mn in value. IMHO, that's 9mn more than the firm is worth! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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It has jumped 10% today...but only 1,900 shares {just sh1,900!}
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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I am boarding....
It's a penny stock
Throwing loose change at it - small amounts that remain from other deals....
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Rank: Elder Joined: 6/23/2009 Posts: 13,516 Location: nairobi
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chiaroscuro wrote:I am boarding....
It's a penny stock
Throwing loose change at it - small amounts that remain from other deals.... All the very best 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: 12/4/2009 Posts: 10,684 Location: NAIROBI
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https://pbs.twimg.com/me...mat=png&name=900x900Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 2/2/2012 Posts: 1,134 Location: Nairobi
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Ericsson wrote:https://pbs.twimg.com/media/EPlwQDhWAAANZVW?format=png&name=900x900 They issued profit warning on the very same day that they published annual results. What is the value of that warning? Anyway; let me go cry in the toilet!
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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chiaroscuro wrote:Ericsson wrote:https://pbs.twimg.com/media/EPlwQDhWAAANZVW?format=png&name=900x900 They issued profit warning on the very same day that they published annual results. What is the value of that warning? Anyway; let me go cry in the toilet! Quote:The main contributor to the reduction in profitability levels in the period was the impact of the de-recognition of the deferred tax asset in the amount of KES.195M. Deferred tax asset is de-recognised if the going concern is not assured. Watu wajipange. Life is short. Live passionately.
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Rank: Elder Joined: 12/4/2009 Posts: 10,684 Location: NAIROBI
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sparkly wrote:chiaroscuro wrote:Ericsson wrote:https://pbs.twimg.com/media/EPlwQDhWAAANZVW?format=png&name=900x900 They issued profit warning on the very same day that they published annual results. What is the value of that warning? Anyway; let me go cry in the toilet! Quote:The main contributor to the reduction in profitability levels in the period was the impact of the de-recognition of the deferred tax asset in the amount of KES.195M. Deferred tax asset is de-recognised if the going concern is not assured. Watu wajipange. Another one bites the dust Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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Sales 190,667,000 cost of sales 154,013,000 overhead expenses 163,516,000 Employees and suppliers here are 'eating' very well.But if you are a small shareholder here,please run for your life.This is a sinking ship. Towards the goal of financial freedom
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Ebenyo wrote:Sales 190,667,000 cost of sales 154,013,000 overhead expenses 163,516,000
Employees and suppliers here are 'eating' very well.But if you are a small shareholder here,please run for your life.This is a sinking ship.
Accrual accounting could be at play. You can't tell for sure unless you look at the cashflow account. Life is short. Live passionately.
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Rank: Veteran Joined: 4/4/2016 Posts: 1,997 Location: Kitale
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sparkly wrote:Ebenyo wrote:Sales 190,667,000 cost of sales 154,013,000 overhead expenses 163,516,000
Employees and suppliers here are 'eating' very well.But if you are a small shareholder here,please run for your life.This is a sinking ship.
Accrual accounting could be at play. You can't tell for sure unless you look at the cashflow account. You could be right.A look at the cash flow position indicates that the flow from operating activities was negative while the free cash flow was positive. Towards the goal of financial freedom
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