What do we expect to see now on this counter????

Why do most deals of this nature fail? It seems EABL has too much cash and just has to piss if off...but I expect a lot of excitement especially from institutional investors

1) SBL also sells Serengeti brand of beer. It is quite good & popular in North Tanzania though not in S.tz
2) SBL also brews Stella Artois for Tz market
3) Tusker has a market in Kenya & this should grow. Hopefully.
4) SBL will distribute liquors for EABL

I got a sneaky feeling EABL will struggle with beer in TZ, but could surprise on the spirits end. I surely hope they are not going there to force Tusker down the throats of wandugu. I reckon they would do well if they sent some of the Uganda beers there which wandugu haven't experienced locally. Tusker will not hack much there it's a symbol of kenyanism to the wandugu.

For Kenyan Men & their girlfriends, World cup equals football plus more beer consumption. Then, there is our unique ways of doing things.... kama unataka kuona world cup nunua pombe ama uondoke!!! During the world cup fiesta we drunk lots of beer and most of the games were played in the month of june before EABL closed its books. So, improved figures should be expected when EABL announces its end of the year results this month.

The acquisition of a controlling stake at Serengeti Breweries will add the momentum of growth in the medium to long term.

EABL has called for an EGM on Oct 21,2010 @ 1400hrs. The agenda is to seek shareholder approval for acquisition of 51% of issued share capital of Serengeti Breweries Ltd. CMA has given the green light for the acquisition.

The Tanzanians are screwing EABL... 25% of 'real' value... How can EABL sell the stake for a pittance???

http://www.theeastafrica.../-/qwwh49z/-/index.html

A senior government official told this newspaper that EABL wants to offload the shares at TBL’s current trading price, arguing that the shares are undervalued by between 20 and 30 per cent. TBL is trading at Tsh1,780 ($1.19).

FCC wanted the brewer to offload its 10 per cent stake in TBL through an IPO which was Tsh550 ($0.36) a share to give more chance for the Tanzanians to own the company.

So according to EABL, TBL's market price is undervalued [Foreigners including Kenyans can't buy TBL shares] but is willing to take market price YET the FCC wants them to sell at 1/3 the price???