wazua Thu, Jan 9, 2025
Welcome Guest Search | Active Topics | Log In | Register

EA Portland Cement FY16
Pesa Nane
#1 Posted : Thursday, November 10, 2016 9:33:54 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Audited.



Zoomed
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#2 Posted : Thursday, November 10, 2016 9:36:31 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
VituVingiSana
#3 Posted : Thursday, November 10, 2016 9:47:36 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,120
Location: Nairobi
Another well run GoK entity... d'oh! d'oh! d'oh!
Even ARM isn't losing as much cash as EAPCC.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ericsson
#4 Posted : Friday, November 11, 2016 7:50:16 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
EAPCC financial status will change to the positive when NSSF increases its building activities as demand for its cement will increase by double digits.
For now they will continue struggling
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#5 Posted : Friday, November 11, 2016 8:59:55 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,120
Location: Nairobi
Ericsson wrote:
EAPCC financial status will change to the positive when NSSF increases its building activities as demand for its cement will increase by double digits.
For now they will continue struggling

Laughing out loudly Laughing out loudly Laughing out loudly I would have not thought it was possible but @ericsson is the @obiero of EAPCC. Good luck.
*IMHO, GoK should let Bamburi run the show at EAPCC. I think Bamburi/LaFarge is the #2 shareholder in EAPCC vs (NSSF+GoK) but with little say in the management.*
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#6 Posted : Friday, November 11, 2016 10:59:37 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,120
Location: Nairobi
SIB feels ARM and Bamburi will deliver better returns for investors.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
lochaz-index
#7 Posted : Friday, November 11, 2016 3:19:25 PM
Rank: Veteran


Joined: 9/18/2014
Posts: 1,127
VituVingiSana wrote:
Ericsson wrote:
EAPCC financial status will change to the positive when NSSF increases its building activities as demand for its cement will increase by double digits.
For now they will continue struggling

Laughing out loudly Laughing out loudly Laughing out loudly I would have not thought it was possible but @ericsson is the @obiero of EAPCC. Good luck.
*IMHO, GoK should let Bamburi run the show at EAPCC. I think Bamburi/LaFarge is the #2 shareholder in EAPCC vs (NSSF+GoK) but with little say in the management.*

The board room is messy with constant power plays. Poor cashflows, operating losses and lack of strategic business plan combine to make for a bad stock.
The main purpose of the stock market is to make fools of as many people as possible.
Angelica _ann
#8 Posted : Monday, November 14, 2016 7:53:52 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
http://www.businessdaily...451464-o1na4e/index.html
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Ericsson
#9 Posted : Thursday, November 17, 2016 9:45:24 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,702
Location: NAIROBI
East African portland cement company says it will layoff two thirds of its staff
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Pesa Nane
#10 Posted : Friday, January 06, 2017 10:55:24 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Quote:
TO ALL SHAREHOLDERS
NOTICE is hereby given that the 84th Annual General Meeting of the Company will be held at the Company's Club House, Ahi River on Friday, 27th January 2017 at 12 noon...
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#11 Posted : Sunday, January 29, 2017 10:00:32 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Chaka wrote:
Lek wrote:
Anyone with info on what is happening at Portland cement? I understand their AGM scheduled today aborted after auditors failed to turn up.

And who are the auditors in this case?


Quote:
Portland Cement's AGM aborts after auditors fail to show up

....“The company’s management was unaware that there was a change in procedure where the Auditor-General would be the one to present the audited accounts,” said Kung’u Gatabaki, a director of EAPCC....


That's the immediate former CMA boss right there!
Pesa Nane plans to be shilingi when he grows up.
VituVingiSana
#12 Posted : Sunday, January 29, 2017 11:12:31 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,120
Location: Nairobi
Pesa Nane wrote:
Chaka wrote:
Lek wrote:
Anyone with info on what is happening at Portland cement? I understand their AGM scheduled today aborted after auditors failed to turn up.

And who are the auditors in this case?


Quote:
Portland Cement's AGM aborts after auditors fail to show up

....“The company’s management was unaware that there was a change in procedure where the Auditor-General would be the one to present the audited accounts,” said Kung’u Gatabaki, a director of EAPCC....


That's the immediate former CMA boss right there!

Watu wako na jokes! Bandia firm. GoK controlled. I will stay far, far away from this. I'd rather buy ARM than EAPCC.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Pesa Nane
#13 Posted : Wednesday, February 01, 2017 10:49:59 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Take 2
Pesa Nane plans to be shilingi when he grows up.
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.