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EA Portland Cement FY17
Pesa Nane
#1 Posted : Tuesday, November 07, 2017 1:43:56 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
February 22, 2017

Pesa Nane wrote:
Nonsense Quotes:
"The board is optimistic that with the implementation of the company's medium term plans the company will return back to profitability" By order of the board, EAPCC Ltd. 22 Feb 2017


Notwithstanding:
. Expected decline in demand as elections uncertainities set in
. Possible decline on disposable income of households occassioned by drought, general decline in the manufacturing sector
. Near completion of major infrastructure projects
. Subdued market prices due to over supply

Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#2 Posted : Tuesday, November 07, 2017 1:45:33 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
Angelica _ann
#3 Posted : Tuesday, November 07, 2017 1:59:54 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
Thye dint have anything to 'over' revalue this time round d'oh! smile smile smile
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Pesa Nane
#4 Posted : Tuesday, November 07, 2017 2:01:48 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Quote:
" In spite of the total legacy current liabilities outweighing the total assets, the firm is looking to benefit from disposal of a chunk of its idle land assets as a recapitalization option in the immediate future to stabilize its working capital and support its turnaround plan.

"Shareholders have come together and are agreeable to a recapitalization plan with one earmarked option being phase or instant cash injection from the sale of assets including idle and fully mined land which is subject to National Government's approval" said Mr. Ole Nkeri"
Pesa Nane plans to be shilingi when he grows up.
Angelica _ann
#5 Posted : Tuesday, November 07, 2017 2:05:20 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,908
Pesa Nane wrote:
Quote:
" In spite of the total legacy current liabilities outweighing the total assets, the firm is looking to benefit from disposal of a chunk of its idle land assets as a recapitalization option in the immediate future to stabilize its working capital and support its turnaround plan.

"Shareholders have come together and are agreeable to a recapitalization plan with one earmarked option being phase or instant cash injection from the sale of assets including idle and fully mined land which is subject to National Government's approval" said Mr. Ole Nkeri"


Will be insolvent soon ...... d'oh!
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
#6 Posted : Tuesday, November 07, 2017 3:58:47 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,699
Location: NAIROBI
Do a share swap with Bamburi cement whereby Lafarge Bamburi has majority and controlling stake.
List the combined entity in the NSE with gava and NSSF been given shares in exchange for what they owned in EA Portland Cement.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
VituVingiSana
#7 Posted : Wednesday, November 08, 2017 9:06:15 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,110
Location: Nairobi
Ericsson wrote:
Do a share swap with Bamburi cement whereby Lafarge Bamburi has majority and controlling stake.
List the combined entity in the NSE with gava and NSSF been given shares in exchange for what they owned in EA Portland Cement.

Please STOP being logical...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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