wazua Thu, Jan 16, 2025
Welcome Guest Search | Active Topics | Log In | Register

EABL buying UDV(Spirits line) from Diageo the right move?
mchambuzi
#1 Posted : Tuesday, December 24, 2013 10:45:57 PM
Rank: New-farer


Joined: 11/17/2013
Posts: 80
Location: Juja
Given the fall in beer purchases and the steady growth in spirits demand, its the right move in the foreseeable future? Spirits currently contributing 16% of sales and 12 of the overall earnings. I think it could boost their earnings. Canning hasn't caught up yet although I thought it was a brilliant move after the Mututho laws.

Am expecting a profit warning or steep drop in sales given the steep rise in beer prices which contribute 88% of their profits.
On a long enough timeline, the life expectancy of everyone drops to zero.
mchambuzi
#2 Posted : Tuesday, December 24, 2013 10:51:57 PM
Rank: New-farer


Joined: 11/17/2013
Posts: 80
Location: Juja
This share will always find demand on dips imho. Last time profit warning came and passed, its future still looks good as a blue-chip company
On a long enough timeline, the life expectancy of everyone drops to zero.
Users browsing this topic
Guest
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.

Copyright © 2025 Wazua.co.ke. All Rights Reserved.