Wazua
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EABL Watch
Rank: Member Joined: 4/30/2007 Posts: 92
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I have been observing eabl for the last one week. Why the rally? Mututho relaxed?
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Rank: Member Joined: 1/29/2007 Posts: 70
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Last week's price increase on certain brands raises hope for better profits (price increases in the past have not affected sales much, just temporarily) Foreign investors put Nigeria Stock Excahnge on hold due to electioins and moved to Nairobi. That is the main reason prices have rallied.
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Rank: Member Joined: 4/30/2007 Posts: 92
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Rank: Member Joined: 8/8/2009 Posts: 170
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Rank: Member Joined: 4/30/2007 Posts: 92
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The highest gainer today...
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Rank: Chief Joined: 1/3/2007 Posts: 18,220 Location: Nairobi
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EABL might still get a piece of the Ethiopia business... It depends on how Diageo plays it... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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mycool wrote:Hii gari iko na tyre? I wonder too..coz I thinky the price hikes r just enough to cater for increased production costs. It does not cover my key concern of volumes sold c/o Mututho. The new mkts r too virgin & or competitive to off-set probable volume drops in Kenya in the short to medium term.
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Rank: Member Joined: 1/24/2008 Posts: 479
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some of the people are in it for the long haul..so short term fluctuations don't really matter. Every man is guilty of all the good he didn't do- Voltaire
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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@F Sport..good question! Yak, yak, yak!
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