Longhorn HY 2019 results - Stocks - Wazua

Welcome Guest

Wazua » Investor » Stocks » Longhorn HY 2019 results

3 Pages123>

Longhorn HY 2019 results

Options

Previous Topic · Next Topic

Ebenyo		#1 Posted : Tuesday, February 19, 2019 3:40:02 PM
Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale		revenue kshs 697,565,000 up 73% net profit kshs 68,831 up 52% Towards the goal of financial freedom
Back to top		\|
User Profile

mlennyma		#2 Posted : Tuesday, February 19, 2019 4:27:01 PM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		Ebenyo wrote: revenue kshs 697,565,000 up 73% net profit kshs 68,831 up 52% A chemist shop in town makes more "Don't let the fear of losing be greater than the excitement of winning."
Back to top		WWW \|
User Profile

hardwood		#3 Posted : Tuesday, February 19, 2019 4:52:49 PM
Rank: Elder Joined: 7/28/2015 Posts: 9,562 Location: Rodi Kopany, Homa Bay		So each month they made a profit of about 5k, which is less than what a house girl makes over the same period.
Back to top		\| \| Edit by user: Tuesday, February 19, 2019 4:55 PM \| Reason: Not specified
User Profile

S.Mutaga III		#4 Posted : Tuesday, February 19, 2019 4:59:32 PM
Rank: Member Joined: 3/26/2012 Posts: 830		It's 68.8 million. That's over 11 million in net profit per month. I don't think there are many chemists if any that make over 11 million NET profit per month. Also, Longhorn typically makes most of its money in the second half i.e Jan-June due to the nature of its business. I wont be surprised if the net profit surpasses 200 million in FY. A successful man is not he who gets the best, it is he who makes the best from what he gets.
Back to top		\| \| Edit by user: Tuesday, February 19, 2019 5:01 PM \| Reason: Not specified
User Profile

Ebenyo		#5 Posted : Tuesday, February 19, 2019 5:23:13 PM
Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale		hardwood wrote: So each month they made a profit of about 5k, which is less than what a house girl makes over the same period. im sorry for the error.Its kshs 68,831,000 Towards the goal of financial freedom
Back to top		\|
User Profile

tom_boy		#6 Posted : Wednesday, February 20, 2019 12:27:00 PM
Rank: Member Joined: 2/20/2007 Posts: 767		Hardly a blip on the share price They must find it difficult....... those who have taken authority as the truth, rather than truth as the authority. -G. Massey.
Back to top		\|
User Profile

Ericsson		#7 Posted : Wednesday, February 20, 2019 12:27:45 PM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		tom_boy wrote: Hardly a blip on the share price https://www.businessdail...990430-3qdomr/index.html Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
Back to top		WWW \|
User Profile

littledove		#8 Posted : Friday, September 06, 2019 8:35:55 AM
Rank: Veteran Joined: 7/1/2014 Posts: 927 Location: sky		https://www.businessdailyafrica.com/corporate/companies/Longhorn-takes-Sh900m-loans-at-16pc-interest/4003102-5262122-dogjfrz/index.html Longhorn Publishers has taken bank loans amounting to Sh896.5 million at an average interest rate of 16 percent, significantly above the maximum annual lending rate of 13 percent for commercial bank loans. It was not immediately clear why the Nairobi Securities Exchange-listed firm is incurring finance costs above the legal requirement. .............. The loan is secured by the company (Longhorn) vehicles and attracts interest at 15.75 percent. The loan tenor is 60 months,” Centum said of the SBM loan. The StanChart loan has an interest of 14 percent, is secured by the publisher’s buildings and matures in 12 months. The loan is for working capital. There are only two emotions in the stock market, fear and hope. The problem is, you hope when you should fear and fear when you should hope
Back to top		WWW \|
User Profile

Ericsson		#9 Posted : Friday, September 06, 2019 11:08:41 AM
Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI		littledove wrote: https://www.businessdailyafrica.com/corporate/companies/Longhorn-takes-Sh900m-loans-at-16pc-interest/4003102-5262122-dogjfrz/index.html Longhorn Publishers has taken bank loans amounting to Sh896.5 million at an average interest rate of 16 percent, significantly above the maximum annual lending rate of 13 percent for commercial bank loans. It was not immediately clear why the Nairobi Securities Exchange-listed firm is incurring finance costs above the legal requirement. .............. The loan is secured by the company (Longhorn) vehicles and attracts interest at 15.75 percent. The loan tenor is 60 months,” Centum said of the SBM loan. The StanChart loan has an interest of 14 percent, is secured by the publisher’s buildings and matures in 12 months. The loan is for working capital. James Mworia@MworiaJ Longhorns borrowing is Kshs 364mm at an average interest rate of 14%. Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
Back to top		WWW \|
User Profile

Mastermind		#10 Posted : Friday, September 06, 2019 12:35:14 PM
Rank: Veteran Joined: 1/25/2012 Posts: 1,624 Location: Langley		Ericsson wrote: littledove wrote: https://www.businessdailyafrica.com/corporate/companies/Longhorn-takes-Sh900m-loans-at-16pc-interest/4003102-5262122-dogjfrz/index.html Longhorn Publishers has taken bank loans amounting to Sh896.5 million at an average interest rate of 16 percent, significantly above the maximum annual lending rate of 13 percent for commercial bank loans. It was not immediately clear why the Nairobi Securities Exchange-listed firm is incurring finance costs above the legal requirement. .............. The loan is secured by the company (Longhorn) vehicles and attracts interest at 15.75 percent. The loan tenor is 60 months,” Centum said of the SBM loan. The StanChart loan has an interest of 14 percent, is secured by the publisher’s buildings and matures in 12 months. The loan is for working capital. James Mworia@MworiaJ Longhorns borrowing is Kshs 364mm at an average interest rate of 14%. If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
Back to top		\|
User Profile

3 Pages123>

Wazua » Investor » Stocks » Longhorn HY 2019 results

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.

Watch this topic
Print this topic

Normal
Threaded