I wish I am just an ordinary investor.

Make a bet! [I now know how to make a somewhat anon payment!]

Can we all just be patient, relax and await the results? Even if she makes a minor loss this year, remember, her new products are picking up and some of us are in this for the long haul. Our cost basis is scraping around 1 bob after the recent juicy special dividend. I am in fact thinking of aggressively adding to my holdings in this gem if it drops below 1.5 within the next couple of months. My time horizon is 10 years or so. So far so good. For those already plastering EEA's tombstone with rock solid concrete I say be patient. If crumbling MSC and doddering HAFR are still being traded many years after they became insolvent and have never declared a profit even by so called "asset stripping", jameni at least give my beautiful EEA credit for popping a profit and clearing its debts the past financial year regardless of how it was done! She holds a very special part in my heart and has never disappointed me (so far!)

Yessir. They had to after rogue firms flooded the market with knockoffs and KEBS was doing nothing about it. This was the only sensible business model to pursue under the circumstances. To rub salt on the wound, Energizer international also went rogue with crazy product pricing and new contract terms etc that did not make economic sense for the firm, hence the lawsuits. Considering the circumstances EEA has braved these very choppy waters quite impressively IMHO.

Why fight Energizer Int'l in court instead of the marketplace when EEA has such a quality product that I am sure [insert laugh track and Snoop Dogg's grin] is better than anything Energizer Int'l have!

VVS,
You clearly have not read even one comma about what the cases in court are all about. I suggest you read them and be properly informed so that we can debate this issue competently. This is one thing I find very funny about 99% of NSE investors in Kenya. Nobody really does their research on their stock beyond a very superficial look through. They buy because their neighbour told them to buy and sell because someone at the bar they met yesterday told them to sell. Or God forbid some faceless person on Wazoo recommended so. Fundamental analysis is also anathema for most. Hence the inclination to baptise booming profits "losses" and give namby-pamby responses to very serious matters pending in court. Hopefully this culture will improve with time.

Please do not talk to me about the past. Nor try to predict the future based on the past as if the past stock price has any relation whatsoever with future stock price (unless you have cast your lot with the Elliot Wavers!). Again I ask, which mganga did you consult to predict future stock price with such rock solid accuracy .

RELAX and let the cold hard numbers speak for themselves over the next ten years. In case none of you has noticed, EEA's business model has radically changed, its debt has been wiped out, and its products are doing very well given they are less than a few years old! Reading tea leaves about the future and casting bitter glances to a 'scary' past as an investment strategy is not my thing. Let us just wait for the cold hard numbers over the next decade, papa.

As for my cost basis, I am still rejoicing over one of the highest dividend yields in Kenya's history that we shareholders munched. I quickly bought a mugunda with it which I am enjoying developing as we speak. So much for a funda long buried on wazoo, dead on its knees without cessna wings!

I admit I have not read on EEA. I wrote it off as investable many years ago as I avoid Merali firms. No Sasini, Eveready or Sameer. I am not a trader and I like to sleep at night.

Congrats on the Dividend, munch it with all your 32 incisors, canines, premolars and molars

https://www.businessdail...8622-7c1bt4z/index.html

Battery distributor Eveready East Africa returned to losses in the half year ended March on the absence of gains from a property disposal seen in the previous period.

The Nairobi Securities Exchange-listed firm made a net loss of Sh64.5 million in the review period, reversing net earnings of Sh364.9 million a year earlier when it benefitted from a Sh397.3 million gain from sale of its land in Nakuru.


Back to where it belongs