@Astute

In the market we also try to look at the future prospects of the business. I think if EABLs future investments are successful, you will be looking at a Bargain. They are doubling capacity of the UG branch by end of the year. They are getting a strong foothold in Tz. That should give you a feel of how the company is. They have been trying to enter the Ethiopian Market but to no avail.

Are they ready to start making chang'aa?

how did you value this???

Namibia Breweries over EABL anytime...

@ sparkly. Do you hav that cfc report. You can email it to me . Email address is : ericnyamu@yahoo.com

watch you inbox tomorrow.

@qw confirm recepit.

"Kenya’s illicit beer-brewing industry accounts for as much as 60 percent of total alcohol consumption in Kenya, and 70 percent of spirits consumption"

I knew illicit brews are consumed a lot, but I didn't know it was this much. If the industry is streamlined, then I would say that EABL has huge potential.
But all the same, I think the announcement of the 1 billion drop in profitability will affect the share.

It all depends on the cause of the profit reduction. It might be due to a one off expense e.g Some upgrade invetment. If it it due to reduced revenue, it will be a reason to worry. For Bargain hunters time EABL at 150 and you will smile all the way to the Bank

astute, the link is: http://www.bloomberg.com...rican-alliance-says.html