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EA Cables - 1H 2012 Results
VituVingiSana
#1 Posted : Tuesday, July 24, 2012 2:13:21 AM
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Joined: 1/3/2007
Posts: 18,361
Location: Nairobi
http://www.businessdaily.../-/125y1wl/-/index.html

No interim dividend. I wonder if there is more to the story. Hopefully, it will pay a final dividend. The results are very good vs 2011
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
guru267
#2 Posted : Tuesday, July 24, 2012 2:16:35 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
VituVingiSana wrote:
http://www.businessdailyafrica.com/Corporate+News/East+African+Cables+profit+up+59pc++no+dividend+payout/-/539550/1461452/-/125y1wl/-/index.html

No interim dividend. I wonder if there is more to the story. Hopefully, it will pay a final dividend. The results are very good vs 2011


Seems logical.. Revenue for the period fell compared to the previous.. Never a good sign!!

Profits that come from only reduced costs are unwelcome!
Mark 12:29
Deuteronomy 4:16
the deal
#3 Posted : Tuesday, July 24, 2012 9:23:54 AM
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Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Cables has cash flow issues thus no interim dividend.
mlennyma
#4 Posted : Tuesday, July 24, 2012 9:35:01 AM
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Posts: 6,194
Location: nairobi
Mugo kibati left with its fortunes i think.
"Don't let the fear of losing be greater than the excitement of winning."
Cde Monomotapa
#5 Posted : Tuesday, July 24, 2012 10:00:18 AM
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Joined: 1/13/2011
Posts: 5,964
The best way to judge top-line performance is by whether units/volumes sold increased or not. Check that. The absolute figure can be misleading since the company/country is reaping the benefits of being a net-importer of metals in weak external mkts smile
Cde Monomotapa
#6 Posted : Tuesday, July 24, 2012 10:03:03 AM
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Joined: 1/13/2011
Posts: 5,964
It is also of wonder whether Sameer & Eveready will pronounce the same gospel of input relief.
mwekez@ji
#7 Posted : Tuesday, July 24, 2012 8:37:18 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
Cde Monomotapa wrote:
The best way to judge top-line performance is by whether units/volumes sold increased or not. Check that. The absolute figure can be misleading since the company/country is reaping the benefits of being a net-importer of metals in weak external mkts smile

mwekez@ji
#8 Posted : Tuesday, July 24, 2012 8:50:12 PM
Rank: Chief

Joined: 5/31/2011
Posts: 5,121
the deal wrote:
Cables has cash flow issues thus no interim dividend.


Shame on you Shame on you Shame on you

E A Cables increased cash flow towards investing activities. That's prudent!
cnn
#9 Posted : Friday, November 23, 2012 8:34:31 PM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
Interim dividend 40 cents,books closure Dec 27th.
ZZE123
#10 Posted : Saturday, November 24, 2012 11:42:42 AM
Rank: Elder

Joined: 6/21/2008
Posts: 2,490
mlennyma wrote:
Mugo kibati left with its fortunes i think.

George Mwangi the current CEO is really trying – But he seems shy to the cameras unlike Mugo
The man who marries a beautiful woman, and the farmer who grows corn by the roadside have the same problem
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