mlennyma wrote:Ericsson wrote:lochaz-index wrote:Angelica _ann wrote:Let me tell you for free, this one is finished. Audited both privately and publicly and both cant capture anomalies. Isorite! This one is finished by my fren, let us compare notes in full year results next year. Cash flow will be shocking. You know what follows after, asset striping. GL.
This one was a good fear play last year but not sound on from an investment perspective.
Share price now playing in the 8bob range.
To imagine the counter did a rights issue in 2010 at sh.19 and looking at current share price.
the billing saga and some negative publication on the company's financial health has negatively impacted the share
Liabilities is kshs 271,691,000,000 which is 80% of the asset value at kshs 341,653,000,000
Shareholders fund is kshs 69,962,000,000 which represents 20% of the asset value.
The profit was kshs 6,525,000,000.
Cash flow was negative kshs 1,150,000,000.
What i see here is too much debt.The transmission and distribution costs are high.
We should help one another through sharing facts.Spreading fear is not helpful.
Towards the goal of financial freedom