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4 Pages«<234
Eveready EA FY17
maka
#61 Posted : Thursday, January 10, 2019 2:32:24 AM
Rank: Elder


Joined: 4/22/2010
Posts: 11,340
Location: Nairobi
VituVingiSana wrote:
2012 wrote:
Very surprised to see Eveready's new appointment, Sitati in the dailies today. Shouldn't he be in jail after knocking a man dead while driving under the influence?
d'oh!

Jaguar is an MP
Joel Kibe is out on bail.
#ThisIsKenya


Crazy....
possunt quia posse videntur
jmbada
#62 Posted : Thursday, January 10, 2019 12:04:48 PM
Rank: Member


Joined: 1/1/2011
Posts: 393
2012 wrote:
Very surprised to see Eveready's new appointment, Sitati in the dailies today. Shouldn't he be in jail after knocking a man dead while driving under the influence?
d'oh!

Proceed with caution here. What was the court-case outcome?
Angelica _ann
#63 Posted : Thursday, January 10, 2019 12:37:20 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,462
jmbada wrote:
2012 wrote:
Very surprised to see Eveready's new appointment, Sitati in the dailies today. Shouldn't he be in jail after knocking a man dead while driving under the influence?
d'oh!

Proceed with caution here. What was the court-case outcome?


There is no need for caution since we all know how these cases are handled in Kenya under #wakora.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
jmbada
#64 Posted : Thursday, January 10, 2019 7:56:46 PM
Rank: Member


Joined: 1/1/2011
Posts: 393
Angelica _ann wrote:
jmbada wrote:
2012 wrote:
Very surprised to see Eveready's new appointment, Sitati in the dailies today. Shouldn't he be in jail after knocking a man dead while driving under the influence?
d'oh!

Proceed with caution here. What was the court-case outcome?


There is no need for caution since we all know how these cases are handled in Kenya under #wakora.

Answer the question. What was the court case and what was the outcome?
Angelica _ann
#65 Posted : Thursday, January 10, 2019 8:05:43 PM
Rank: Elder


Joined: 12/7/2012
Posts: 11,462
jmbada wrote:
Angelica _ann wrote:
jmbada wrote:
2012 wrote:
Very surprised to see Eveready's new appointment, Sitati in the dailies today. Shouldn't he be in jail after knocking a man dead while driving under the influence?
d'oh!

Proceed with caution here. What was the court-case outcome?


There is no need for caution since we all know how these cases are handled in Kenya under #wakora.

Answer the question. What was the court case and what was the outcome?


Outcome, we all know why outcome is outcome bwana!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
jmbada
#66 Posted : Friday, January 11, 2019 10:13:18 AM
Rank: Member


Joined: 1/1/2011
Posts: 393
Angelica _ann wrote:
jmbada wrote:
Angelica _ann wrote:
jmbada wrote:
2012 wrote:
Very surprised to see Eveready's new appointment, Sitati in the dailies today. Shouldn't he be in jail after knocking a man dead while driving under the influence?
d'oh!

Proceed with caution here. What was the court-case outcome?


There is no need for caution since we all know how these cases are handled in Kenya under #wakora.

Answer the question. What was the court case and what was the outcome?


Outcome, we all know why outcome is outcome bwana!!!

So you don't even know if hebwas ever charged?
2012
#67 Posted : Sunday, January 13, 2019 12:04:42 PM
Rank: Elder


Joined: 12/9/2009
Posts: 6,591
Location: Nairobi
jmbada wrote:
2012 wrote:
Very surprised to see Eveready's new appointment, Sitati in the dailies today. Shouldn't he be in jail after knocking a man dead while driving under the influence?
d'oh!

Proceed with caution here. What was the court-case outcome?


He was released after paying a fine of I think 300k.

This is from the Nation newspaper

DRIVING WHILE DRUNK

A man who died on Gatundu Road in Nairobi’s Kileleshwa area at 3am on December 10, this year, joins the list of people killed on the road and whose families are looking up to the courts for justice.

Mr Sitati was charged with causing death by dangerous driving and the prosecution says he was drink-driving on the wrong lane when he killed the father of five.

The fact that Mr Sitati was given a Sh50,000 police bond after his arrest, ahead of his appearing in court on December 16 — meaning he was going on with his duties shortly after the incident — is sure to draw questions from some Kenyans who are often quick to complain that some influential people are left to roam free shortly after being detained.

Mr Kipsanai’s death evokes memories of a guard who was killed in Nairobi’s Runda estate when billionaire businessman Joel Kibe crashed into a security barrier on the morning of February 1, 2016.

Prosecutors said Mr Kibe was driving a Range Rover Vogue while drunk. He denied charges against him and was released on a Sh300,000 bond.

BBI will solve it
:)
jmbada
#68 Posted : Monday, January 14, 2019 10:08:28 AM
Rank: Member


Joined: 1/1/2011
Posts: 393
2012 wrote:
jmbada wrote:
2012 wrote:
Very surprised to see Eveready's new appointment, Sitati in the dailies today. Shouldn't he be in jail after knocking a man dead while driving under the influence?
d'oh!

Proceed with caution here. What was the court-case outcome?


He was released after paying a fine of I think 300k.

This is from the Nation newspaper

DRIVING WHILE DRUNK

A man who died on Gatundu Road in Nairobi’s Kileleshwa area at 3am on December 10, this year, joins the list of people killed on the road and whose families are looking up to the courts for justice.

Mr Sitati was charged with causing death by dangerous driving and the prosecution says he was drink-driving on the wrong lane when he killed the father of five.

The fact that Mr Sitati was given a Sh50,000 police bond after his arrest, ahead of his appearing in court on December 16 — meaning he was going on with his duties shortly after the incident — is sure to draw questions from some Kenyans who are often quick to complain that some influential people are left to roam free shortly after being detained.

Mr Kipsanai’s death evokes memories of a guard who was killed in Nairobi’s Runda estate when billionaire businessman Joel Kibe crashed into a security barrier on the morning of February 1, 2016.

Prosecutors said Mr Kibe was driving a Range Rover Vogue while drunk. He denied charges against him and was released on a Sh300,000 bond.

Now that is a more useful response.I don't believe this case ever progressed.
VituVingiSana
#69 Posted : Monday, June 10, 2019 1:31:53 AM
Rank: Chief


Joined: 1/3/2007
Posts: 16,990
Location: Nairobi
Top individual shareholder in Eveready Karim Jamal benefited from the Energizer sell-down. His total shares jumped 319,900 to 9.43 million shares during the period, closing with 4.34 per cent shareholding.
https://www.businessdail...50578-i54xic/index.html
> That's less than 9mn in value. IMHO, that's 9mn more than the firm is worth!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
chiaroscuro
#70 Posted : Friday, July 26, 2019 2:09:17 PM
Rank: Veteran


Joined: 2/2/2012
Posts: 1,117
Location: Nairobi
It has jumped 10% today...but only 1,900 shares {just sh1,900!}
chiaroscuro
#71 Posted : Monday, July 29, 2019 1:58:21 PM
Rank: Veteran


Joined: 2/2/2012
Posts: 1,117
Location: Nairobi
I am boarding....

It's a penny stock

Throwing loose change at it - small amounts that remain from other deals....
obiero
#72 Posted : Monday, July 29, 2019 9:56:23 PM
Rank: Elder


Joined: 6/23/2009
Posts: 12,684
Location: nairobi
chiaroscuro wrote:
I am boarding....

It's a penny stock

Throwing loose change at it - small amounts that remain from other deals....

All the very best
www.winda.co.ke
Ericsson
#73 Posted : Friday, January 31, 2020 10:22:02 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,393
Location: NAIROBI
chiaroscuro
#74 Posted : Friday, January 31, 2020 11:36:07 AM
Rank: Veteran


Joined: 2/2/2012
Posts: 1,117
Location: Nairobi
Ericsson wrote:
https://pbs.twimg.com/media/EPlwQDhWAAANZVW?format=png&name=900x900




They issued profit warning on the very same day that they published annual results. What is the value of that warning?

Anyway; let me go cry in the toilet!
sparkly
#75 Posted : Sunday, February 02, 2020 3:31:49 PM
Rank: Elder


Joined: 9/23/2009
Posts: 7,716
Location: Enk are Nyirobi
chiaroscuro wrote:
Ericsson wrote:
https://pbs.twimg.com/media/EPlwQDhWAAANZVW?format=png&name=900x900




They issued profit warning on the very same day that they published annual results. What is the value of that warning?

Anyway; let me go cry in the toilet!


Quote:
The main contributor to the reduction in profitability levels in the period was the impact of the de-recognition of the deferred tax asset in the amount of KES.195M.


Deferred tax asset is de-recognised if the going concern is not assured. Watu wajipange.
Life is short. Live passionately.
Ericsson
#76 Posted : Monday, February 03, 2020 11:06:51 AM
Rank: Elder


Joined: 12/4/2009
Posts: 8,393
Location: NAIROBI
sparkly wrote:
chiaroscuro wrote:
Ericsson wrote:
https://pbs.twimg.com/media/EPlwQDhWAAANZVW?format=png&name=900x900




They issued profit warning on the very same day that they published annual results. What is the value of that warning?

Anyway; let me go cry in the toilet!


Quote:
The main contributor to the reduction in profitability levels in the period was the impact of the de-recognition of the deferred tax asset in the amount of KES.195M.


Deferred tax asset is de-recognised if the going concern is not assured. Watu wajipange.


Another one bites the dust
Ebenyo
#77 Posted : Sunday, February 16, 2020 6:29:23 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,816
Location: Kitale
Sales 190,667,000
cost of sales 154,013,000
overhead expenses 163,516,000

Employees and suppliers here are 'eating' very well.But if you are a small shareholder here,please run for your life.This is a sinking ship.
Towards the goal of financial freedom
sparkly
#78 Posted : Monday, February 17, 2020 2:58:14 PM
Rank: Elder


Joined: 9/23/2009
Posts: 7,716
Location: Enk are Nyirobi
Ebenyo wrote:
Sales 190,667,000
cost of sales 154,013,000
overhead expenses 163,516,000

Employees and suppliers here are 'eating' very well.But if you are a small shareholder here,please run for your life.This is a sinking ship.


Accrual accounting could be at play. You can't tell for sure unless you look at the cashflow account.
Life is short. Live passionately.
Ebenyo
#79 Posted : Friday, February 21, 2020 10:46:40 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,816
Location: Kitale
sparkly wrote:
Ebenyo wrote:
Sales 190,667,000
cost of sales 154,013,000
overhead expenses 163,516,000

Employees and suppliers here are 'eating' very well.But if you are a small shareholder here,please run for your life.This is a sinking ship.


Accrual accounting could be at play. You can't tell for sure unless you look at the cashflow account.




You could be right.A look at the cash flow position indicates that the flow from operating activities was negative while the free cash flow was positive.
Towards the goal of financial freedom
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