wazua Thu, Mar 19, 2026
Welcome Guest Search | Active Topics | Log In

12 Pages<1234>»
EABL half year 2019/2020 results
Options
Previous Topic · Next Topic
VituVingiSana
#11 Posted : Monday, February 03, 2020 9:58:35 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
McGill wrote:
VituVingiSana wrote:
McGill wrote:
Ericsson wrote:
FUNKY wrote:
Their cash holding is 12 billion..they might reward end of the year


“Kenya is one of the biggest stand alone businesses contributing 71% of the overall EABL portfolio. Uganda (16%) , Tanzania (13%)” ~ CEO, Andrew Cowan


Is the kenyan business the only one not bleeding cash?
Please show us which business/country is bleeding cash.


I have been told that Serengeti started making money in 2018 and UG reported a profit for the first time. They used to lose money. Unfortunately source ni phone call hence not sharable.
So which one is bleeding cash?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  |
Ericsson
#12 Posted : Monday, February 03, 2020 10:02:46 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
McGill wrote:
VituVingiSana wrote:
McGill wrote:
Ericsson wrote:
FUNKY wrote:
Their cash holding is 12 billion..they might reward end of the year


“Kenya is one of the biggest stand alone businesses contributing 71% of the overall EABL portfolio. Uganda (16%) , Tanzania (13%)” ~ CEO, Andrew Cowan


Is the kenyan business the only one not bleeding cash?
Please show us which business/country is bleeding cash.


I have been told that Serengeti started making money in 2018 and UG reported a profit for the first time. They used to lose money. Unfortunately source ni phone call hence not sharable.


That is true,the Group MD mentioned about Tanzania
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
Angelica _ann
#13 Posted : Monday, February 03, 2020 10:57:38 AM
Rank: Elder

Joined: 12/7/2012
Posts: 11,935
East African Breweries Limited (EABL) group finance director and head of strategy Gyorgy Geiszl is set to leave the brewer in June after the parent company, Diageo, recalled him for senior role. His exit will bring to an end five-year stay at EABL, having joined in October 2015.

Mr Geiszl will be replaced by Risper Genga Ohaga, a Kenyan, who has been the chief finance officer at Barclays Bank Zambia Plc.


Source: BD
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Back to top
  |
Ericsson
#14 Posted : Monday, February 03, 2020 11:01:16 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
Angelica _ann wrote:
East African Breweries Limited (EABL) group finance director and head of strategy Gyorgy Geiszl is set to leave the brewer in June after the parent company, Diageo, recalled him for senior role. His exit will bring to an end five-year stay at EABL, having joined in October 2015.

Mr Geiszl will be replaced by Risper Genga Ohaga, a Kenyan, who has been the chief finance officer at Barclays Bank Zambia Plc.


Source: BD

Githeri media ya kufunga nyama
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
Ebenyo
#15 Posted : Sunday, February 16, 2020 6:43:25 PM
Rank: Veteran

Joined: 4/4/2016
Posts: 2,016
Location: Kitale
EABL doing well even before kisumu plant has started production.Bearing in mind that kisumu is targeting the low income earners,their future looks bright.
Towards the goal of financial freedom
Back to top
  |
sparkly
#16 Posted : Sunday, February 16, 2020 10:00:50 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Ebenyo wrote:
EABL doing well even before kisumu plant has started production.Bearing in mind that kisumu is targeting the low income earners,their future looks bright.


Increased production doesn't necessarily translate to an improved bottomline Re: Athi River Mining with new clinker and milling plants; Uchumi with new branches.
Life is short. Live passionately.
Back to top
  |
Ericsson
#17 Posted : Monday, February 17, 2020 7:12:26 AM
Rank: Elder

Joined: 12/4/2009
Posts: 10,804
Location: NAIROBI
sparkly wrote:
Ebenyo wrote:
EABL doing well even before kisumu plant has started production.Bearing in mind that kisumu is targeting the low income earners,their future looks bright.


Increased production doesn't necessarily translate to an improved bottomline Re: Athi River Mining with new clinker and milling plants; Uchumi with new branches.

Ebenyo is optimistic of good returns.
Probably he has bought the shares
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Back to top
WWW
  |
watesh
#18 Posted : Monday, February 17, 2020 10:50:49 AM
Rank: Veteran

Joined: 8/10/2014
Posts: 992
Location: Kenya
Ebenyo wrote:
EABL doing well even before kisumu plant has started production.Bearing in mind that kisumu is targeting the low income earners,their future looks bright.

The problem with Senator Keg is that its low margin as compared to the mainstream beers. But its good to grab market share from illicit brews
Back to top
WWW
  |
sparkly
#19 Posted : Monday, February 17, 2020 2:53:12 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
watesh wrote:
Ebenyo wrote:
EABL doing well even before kisumu plant has started production.Bearing in mind that kisumu is targeting the low income earners,their future looks bright.

The problem with Senator Keg is that its low margin as compared to the mainstream beers. But its good to grab market share from illicit brews


The other problem is that if Baba tells Kavirondians not to drink Senator or to burn their sorghum, the Kisumu investment is finished
Life is short. Live passionately.
Back to top
  |
VituVingiSana
#20 Posted : Monday, February 17, 2020 9:47:12 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,346
Location: Nairobi
watesh wrote:
Ebenyo wrote:
EABL doing well even before kisumu plant has started production.Bearing in mind that kisumu is targeting the low income earners,their future looks bright.

The problem with Senator Keg is that its low margin as compared to the mainstream beers. But its good to grab market share from illicit brews

There's nothing wrong in low margins and high volumes. Walmart beat other retailers with this approach.
*Disclosure: I think EABL is relatively expensive compared to some other shares on PER, PEG Ratio and ROI basis.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
  | | Edit by user: Monday, February 17, 2020 9:49 PM | Reason: Not specified
12 Pages<1234>»
Forum Jump  
You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2026 Wazua.co.ke. All Rights Reserved.