wazua Mon, Aug 25, 2025
Welcome Guest Search | Active Topics | Log In

19 Pages123>»
Mumias results
Horton
#1 Posted : Thursday, August 26, 2010 6:46:12 PM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Hot off the press. MSC EPS1.03 v 1.05. Last year. Profits were up for the year, but they had to pay taxes this year unlike the tax credit last year. Jeez lewiz. Nothing is ever straight forward with MSC. I think the results are...no opinion.

http://www.nse.co.ke/new...End%20Year%20Results.pdf
PKoli
#2 Posted : Thursday, August 26, 2010 7:23:22 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
[quote=Horton]Hot off the press. MSC EPS1.03 v 1.05. Last year. Profits were up for the year, but they had to pay taxes this year unlike the tax credit last year. Jeez lewiz. Nothing is ever straight forward with MSC. I think the results are...no opinion.

http://www.nse.co.ke/new...nd%20Year%20Results.pdf[/quote]

Unable to view the results but a reduction in eps irrespective of the tax payments does not augur well for the company that is claiming to be doing a lot of diversification. I am sure the cogen business has not contributed significantly to the bottomline of the company.
Horton
#3 Posted : Thursday, August 26, 2010 7:30:32 PM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Yep and the comes a deal ends 2012, just round the corner and these guys haven't stepped up their game!
PKoli
#4 Posted : Thursday, August 26, 2010 7:33:10 PM
Rank: Elder


Joined: 2/10/2007
Posts: 1,587
Horton wrote:
Yep and the comes a deal ends 2012, just round the corner and these guys haven't stepped up their game!



It is not going to be easy for MSC. Unless they quickly venture in the Tana region
youcan'tstopusnow
#5 Posted : Thursday, August 26, 2010 7:44:33 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
Also unable to view the results from my phone. Horton, pre tax ngapi? Dividends? The 'going forward' statement?
GOD BLESS YOUR LIFE
qw25041985
#6 Posted : Thursday, August 26, 2010 7:47:12 PM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
@y. I hope u dnt have a kabambe and u ar complainin. Lol.
Your future depends on your dreams so go to sleep !
qw25041985
#7 Posted : Thursday, August 26, 2010 7:53:14 PM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
Somebody help me out . Now that they have releasd their full year eps . Is it possible to calculate forward p/e ?
Your future depends on your dreams so go to sleep !
the deal
#8 Posted : Thursday, August 26, 2010 7:55:56 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
HAHAHAHA @njuge was right...some pple villified him here...
qw25041985
#9 Posted : Thursday, August 26, 2010 8:00:43 PM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
4 me i want 2 see a sell-off so that i knw tha dude was right .
Your future depends on your dreams so go to sleep !
cnn
#10 Posted : Thursday, August 26, 2010 8:05:21 PM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,622
Even now they will not believe,ok place your orders at 16 or was it 18 ?on monday.Once again we see who is just hot air.
youcan'tstopusnow
#11 Posted : Thursday, August 26, 2010 8:06:24 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
qw25041985 wrote:
@y. I hope u dnt have a kabambe and u ar complainin. Lol.

Laughing out loudly I doubt kabambe can log onto the net. Doesn't it only have a flashlight or something?smile
GOD BLESS YOUR LIFE
youcan'tstopusnow
#12 Posted : Thursday, August 26, 2010 8:09:40 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
the deal wrote:
HAHAHAHA @njuge was right...some pple villified him here...

qw was also right. His source was correct
GOD BLESS YOUR LIFE
the deal
#13 Posted : Thursday, August 26, 2010 8:17:55 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Dividend 0.40 Ksh,net revenue up 32%,PBT up 83%,PAT down 2%,operating margin 3 up 3%....perfomance affected by heavy rains in the 2nd half just like Njuge said...Comesa a big threat...entanol Dec 2011...Cogeneration struggling...TARDA far away...Management optimistic of a satisgfactory perfomance in the coming year...
slykat
#14 Posted : Thursday, August 26, 2010 8:21:04 PM
Rank: Member


Joined: 2/20/2007
Posts: 359
Njunge is always right about sugar..
Horton
#15 Posted : Thursday, August 26, 2010 8:32:57 PM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Pretax 2.18B vs 1.19B last year. Only thing is that the got a tax credit last year and this year they had to pay taxes so PAT was
Down 2% yoy.
youcan'tstopusnow
#16 Posted : Thursday, August 26, 2010 8:34:03 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
deal and Horton, thanks
GOD BLESS YOUR LIFE
youcan'tstopusnow
#17 Posted : Thursday, August 26, 2010 8:37:43 PM
Rank: Chief


Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
cnn wrote:
Even now they will not believe,ok place your orders at 16 or was it 18 ?on monday.Once again we see who is just hot air.

cnn, how low do you think Mumias will go come Monday?
GOD BLESS YOUR LIFE
Horton
#18 Posted : Thursday, August 26, 2010 8:38:16 PM
Rank: Veteran


Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
The future outlook, management remains optimistic. Blah blah blah, difficult 2nd half, world sugar prices up, comesa sugar or cheap sugar couldn't come into Kenya coz of better prices in europe. Highlighted water plan. Nothing really special. Is it me or is that this management doesn't really give a proper outlook. Coz HY they painted rainbows and sunshine but when the results come out, they are jes the same as last years.
slykat
#19 Posted : Thursday, August 26, 2010 8:44:08 PM
Rank: Member


Joined: 2/20/2007
Posts: 359
Horton wrote:
The future outlook, management remains optimistic. Blah blah blah, difficult 2nd half, world sugar prices up, comesa sugar or cheap sugar couldn't come into Kenya coz of better prices in europe. Highlighted water plan. Nothing really special. Is it me or is that this management doesn't really give a proper outlook. Coz HY they painted rainbows and sunshine but when the results come out, they are jes the same as last years.


Perhaps you expected twins when the doctor said a big baby..lol.. my reading is that the co-generation revenue fy2009/2010 was realized in the second half.. thus we can expect that to double to over 700m in coming year. It isn't that bad.
the deal
#20 Posted : Thursday, August 26, 2010 8:47:30 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Management in denial Comesa is 2012 and they dont say when TARDA is starting...Cogeneration...KPLC is screwing them up...going foward the 1H results wont be as good as the last one...will we get MSC cheap...YES...
Users browsing this topic
Guest
19 Pages123>»
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.