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Deacons E.A PLC finally lists on NSE
Rank: Member Joined: 5/30/2016 Posts: 332 Location: Kayole
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watesh wrote:Mr Price is a great store, these guys get solid numbers for a formal retail space, much higher than their competitors. All my female friends buy sth from Mr Price regularly.
Their Gross Profit over the years stays juicy but those admin (rent and staff mostly) and selling expenses eat up almost everything. In 2016 there is phenomenal growth since they are already hitting it right.
Cashflows have been positive for 3 years with 2015 having a massive pile of cash sitting in the bank thanks to debt.
Kenya makes up a HUGE bulk of revenue and it is yet another company that hasnt made it in Tanzania. Losses in Rwanda and Mauritius. Zigzag of profits in Uganda even though sales are growing well.
PE ratio of 12.5 is high in a bear market
Overall I think its a good investment. Clothing industry is highly competitive though but there is enough room for everybody
all of mine buy from Gikosh/second hand so this is not my piece of cake   KEGN, KPLC, KQ, SCOM
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Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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@pesa nane,where is their latest financial report? Towards the goal of financial freedom
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Ebenyo wrote:
@pesa nane,where is their latest financial report?
1Q2016 Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Ebenyo wrote:
@pesa nane,where is their latest financial report?
5 Year Summary Pesa Nane plans to be shilingi when he grows up.
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Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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Pesa Nane wrote:Ebenyo wrote:
@pesa nane,where is their latest financial report?
5 Year Summary Thanks pesa nane.This business looks promising.However they will need to cut down their spiralling costs.This looks better than Kshoe. Towards the goal of financial freedom
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Rank: Elder Joined: 4/22/2010 Posts: 11,522 Location: Nairobi
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Does better than KQ possunt quia posse videntur
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Rank: Elder Joined: 12/7/2012 Posts: 11,935
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We welcome Deacons to the NSE. 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: 5/4/2015 Posts: 241 Location: Kahno
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Angelica _ann wrote:We welcome Deacons to the NSE. 10% down. Supply 3.8M vs demand 800
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Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi
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kimanimsc wrote:Angelica _ann wrote:We welcome Deacons to the NSE. 10% down. Supply 3.8M vs demand 800 Frying pan "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Veteran Joined: 8/10/2014 Posts: 992 Location: Kenya
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Angelica _ann wrote:We welcome Deacons to the NSE. It being welcomed with a major price correction
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Deacons E.A PLC finally lists on NSE
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