Ericsson wrote:VituVingiSana wrote:xtina wrote:watesh wrote:Queen wrote:Ericsson wrote:Ericsson wrote:Full Year results being released next week.
EABL full year profit plunged 39% to ksh.7 billion with no final dividend declared
No dividend? Bloodbath tomorrow.
Readying up to buy this gem below 120
Seems 120 bob is not too farfetched after all.....
150/- today and one of the favored stocks for foreigners.
Why is the Basic EPS less than 50% of 1H 2019?
From 7.00 to 2.71 even though the drop in PAT is less than 50%.
Was there a bonus?
There was no bonus.
very confusing at the part of basic earnings per share.
This share will be facing headwinds for a while.
Firstly, last fy show the results tumble 39% despite a better trading environment and higher disposable incomes in the 3 quarters of the trading period compared to the last quarter that was heavily struck by kurona.
Current fy have had a full half fy with curfews and lock down on wamonyotas who had to bear with drying taps prompting change of taste, fashion, preferences and sobered decisions-= keg is gaining popularity among working class and middle-class earners, with reduced uptake volumes and a lower margin product. Some DDOS have quite or gotten into other alternatives most preferably keg and it will take a serious pampered advertisement campaigns to replace or win them back into the mainstream products.
Further, going forward, life won't be same again with diminishing returns, decreasing disposable income and the pangs of KURONA
Conclusive wise, expect the share price to adjust to such harsh reality and mirror to the trading environment albeit systematically.
Hopes, the guard don't sleep on their job till restructuring and hard times makes a call with the decision making machine of the firm, shareholders and stakeholders.
I luv morning glory, how is @bigchick doing this morning. I miss your manenos
,Behold, a sower went forth to sow;....