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Eveready EA FY17
Pesa Nane
#1 Posted : Wednesday, January 31, 2018 6:15:24 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,091
Location: 08c

Pesa Nane plans to be shilingi when he grows up.
MugundaMan
#2 Posted : Wednesday, January 31, 2018 6:20:13 PM
Rank: Veteran


Joined: 1/8/2018
Posts: 1,700
Location: DC (Dustbowl County)
smile Thanks brother!
"The fool says in his heart, "There is no God." - Psalm 14:1
Dustbowl County is the Future of Kenya.
**1700 posts = Adios (for real this time!)**
Pesa Nane
#3 Posted : Wednesday, January 31, 2018 6:21:50 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,091
Location: 08c
Quote:
The current company’s performance is Shs 339 million, which is 61% of prior period performance when the company had a revenue of Shs 553 million. During the year, the company completed the sale of its land and buildings in Nakuru at a consideration of Shs 1.3 billion


The sale proceeds (Gain of Kshs. 452m) "were used to clear the Company’s debts and provide working capital to support the business."
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#4 Posted : Wednesday, January 31, 2018 6:24:46 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,091
Location: 08c
Final Dividend Nil
Pesa Nane plans to be shilingi when he grows up.
MugundaMan
#5 Posted : Wednesday, January 31, 2018 6:29:34 PM
Rank: Veteran


Joined: 1/8/2018
Posts: 1,700
Location: DC (Dustbowl County)
Laughing out loudly
You are really trying to hammer this stock down with negativity. Forgot we already munched the ksh 1 per share dividend?


Pesa Nane wrote:
Final Dividend Nil

"The fool says in his heart, "There is no God." - Psalm 14:1
Dustbowl County is the Future of Kenya.
**1700 posts = Adios (for real this time!)**
Pesa Nane
#6 Posted : Wednesday, January 31, 2018 6:29:34 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,091
Location: 08c
AGM 27 March 2018, Merica Hotel, Nakuru
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#7 Posted : Friday, May 25, 2018 7:33:49 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,091
Location: 08c
Quote:
Eveready ruling keeps away rivals

The High Court has retained orders that barred three firms from dealing in Eveready and Energizer batteries in East Africa.

The orders by Justice Said Chitembwe in Malindi stop Energizer International Inc, Energizer Middle East and Africa Ltd, and Eveready Battery Company USA from selling their brands within the territory of troubled Eveready East Africa.

....continues..


Competition is good. Let the weak adapt or die
Pesa Nane plans to be shilingi when he grows up.
MugundaMan
#8 Posted : Saturday, May 26, 2018 11:27:34 AM
Rank: Veteran


Joined: 1/8/2018
Posts: 1,700
Location: DC (Dustbowl County)
Kudos to the High Court for enforcing the law. Energizer international cannot be allowed to run roughshod over our local companies
"The fool says in his heart, "There is no God." - Psalm 14:1
Dustbowl County is the Future of Kenya.
**1700 posts = Adios (for real this time!)**
Angelica _ann
#9 Posted : Saturday, May 26, 2018 1:01:47 PM
Rank: Elder


Joined: 12/7/2012
Posts: 10,441
Pesa Nane wrote:
Quote:
Eveready ruling keeps away rivals

The High Court has retained orders that barred three firms from dealing in Eveready and Energizer batteries in East Africa.

The orders by Justice Said Chitembwe in Malindi stop Energizer International Inc, Energizer Middle East and Africa Ltd, and Eveready Battery Company USA from selling their brands within the territory of troubled Eveready East Africa.

....continues..


Competition is good. Let the weak adapt or die


Regardless this one will still die on its own. Just postponing the inevitable!!!
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
Chaka
#10 Posted : Saturday, May 26, 2018 2:06:31 PM
Rank: Veteran


Joined: 2/16/2007
Posts: 2,078
What if EEA is starved of those same products by the losers of that case?
Pesa Nane wrote:
Quote:
Eveready ruling keeps away rivals

The High Court has retained orders that barred three firms from dealing in Eveready and Energizer batteries in East Africa.

The orders by Justice Said Chitembwe in Malindi stop Energizer International Inc, Energizer Middle East and Africa Ltd, and Eveready Battery Company USA from selling their brands within the territory of troubled Eveready East Africa.

....continues..


Competition is good. Let the weak adapt or die

VituVingiSana
#11 Posted : Saturday, May 26, 2018 2:35:35 PM
Rank: Chief


Joined: 1/3/2007
Posts: 15,928
Location: Nairobi
MugundaMan wrote:
Kudos to the High Court for enforcing the law. Energizer international cannot be allowed to run roughshod over our local companies

Energizer should be allowed to appoint quality distributors...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
MugundaMan
#12 Posted : Saturday, May 26, 2018 4:55:49 PM
Rank: Veteran


Joined: 1/8/2018
Posts: 1,700
Location: DC (Dustbowl County)
Angelica _ann wrote:


Regardless this one will still die on its own. Just postponing the inevitable!!!



How now?Laughing out loudly
Did you forget that it declared a profit last financial year? How can a "dying" thing declare profits and special dividends?
"The fool says in his heart, "There is no God." - Psalm 14:1
Dustbowl County is the Future of Kenya.
**1700 posts = Adios (for real this time!)**
MugundaMan
#13 Posted : Saturday, May 26, 2018 4:57:47 PM
Rank: Veteran


Joined: 1/8/2018
Posts: 1,700
Location: DC (Dustbowl County)
Chaka wrote:
What if EEA is starved of those same products by the losers of that case?


EEA does not distribute any products supplied by the losers of the case :)
"The fool says in his heart, "There is no God." - Psalm 14:1
Dustbowl County is the Future of Kenya.
**1700 posts = Adios (for real this time!)**
MugundaMan
#14 Posted : Saturday, May 26, 2018 5:00:43 PM
Rank: Veteran


Joined: 1/8/2018
Posts: 1,700
Location: DC (Dustbowl County)
VituVingiSana wrote:
MugundaMan wrote:
Kudos to the High Court for enforcing the law. Energizer international cannot be allowed to run roughshod over our local companies

Energizer should be allowed to appoint quality distributors...


Even after destroying EEA by bending the law and introducing skewed "terms" that would have completely bankrupted the firm to the benefit of the mother company? Hapaaaana!If the mother company cannot play fair, let them enjoy the restrictions of the high court which has been quite competent in assessing the merits of this case.
"The fool says in his heart, "There is no God." - Psalm 14:1
Dustbowl County is the Future of Kenya.
**1700 posts = Adios (for real this time!)**
Chaka
#15 Posted : Saturday, May 26, 2018 5:13:22 PM
Rank: Veteran


Joined: 2/16/2007
Posts: 2,078
Those profits were realized after the sale of land and buildings in Nakuru.What will they be selling this year?
MugundaMan wrote:
Angelica _ann wrote:


Regardless this one will still die on its own. Just postponing the inevitable!!!



How now?Laughing out loudly
Did you forget that it declared a profit last financial year? How can a "dying" thing declare profits and special dividends?

MugundaMan
#16 Posted : Saturday, May 26, 2018 5:18:04 PM
Rank: Veteran


Joined: 1/8/2018
Posts: 1,700
Location: DC (Dustbowl County)
Chaka wrote:
Those profits....


Unless anyone wants to re-invent the definition of profits, thank you for admitting the truth, that profits were declared. You don't see anyone saying Safaricom made a "loss" this year because its profits were made through unfair monopoly advantage and so they do not count! Let us compare notes when this FY's results are out, brother, and hopefully no one will cleverly try to re-define what a profit is at that point in time! smile
"The fool says in his heart, "There is no God." - Psalm 14:1
Dustbowl County is the Future of Kenya.
**1700 posts = Adios (for real this time!)**
Angelica _ann
#17 Posted : Saturday, May 26, 2018 6:59:05 PM
Rank: Elder


Joined: 12/7/2012
Posts: 10,441
MugundaMan wrote:
Chaka wrote:
Those profits....


Unless anyone wants to re-invent the definition of profits, thank you for admitting the truth, that profits were declared. You don't see anyone saying Safaricom made a "loss" this year because its profits were made through unfair monopoly advantage and so they do not count! Let us compare notes when this FY's results are out, brother, and hopefully no one will cleverly try to re-define what a profit is at that point in time! :)


These are not profits but striping of assets which can't last forever. This financial year is a definite loss.
In the business world, everyone is paid in two coins - cash and experience. Take the experience first; the cash will come later - H Geneen
VituVingiSana
#18 Posted : Saturday, May 26, 2018 7:57:53 PM
Rank: Chief


Joined: 1/3/2007
Posts: 15,928
Location: Nairobi
MugundaMan wrote:
VituVingiSana wrote:
MugundaMan wrote:
Kudos to the High Court for enforcing the law. Energizer international cannot be allowed to run roughshod over our local companies

Energizer should be allowed to appoint quality distributors...


Even after destroying EEA by bending the law and introducing skewed "terms" that would have completely bankrupted the firm to the benefit of the mother company? Hapaaaana!If the mother company cannot play fair, let them enjoy the restrictions of the high court which has been quite competent in assessing the merits of this case.

EEA should have seen the light as the market changed.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
MugundaMan
#19 Posted : Saturday, May 26, 2018 9:09:54 PM
Rank: Veteran


Joined: 1/8/2018
Posts: 1,700
Location: DC (Dustbowl County)
Angelica _ann wrote:
..This financial year is a definite loss.


Laughing out loudly Laughing out loudly Laughing out loudly
Which mganga did you consult who showed you the future with such ROCK SOLID precision?
"The fool says in his heart, "There is no God." - Psalm 14:1
Dustbowl County is the Future of Kenya.
**1700 posts = Adios (for real this time!)**
MugundaMan
#20 Posted : Saturday, May 26, 2018 9:12:45 PM
Rank: Veteran


Joined: 1/8/2018
Posts: 1,700
Location: DC (Dustbowl County)
VituVingiSana wrote:

EEA should have seen the light as the market changed.


What light when what market changed? Are you even familiar with what the case was all about? smile
"The fool says in his heart, "There is no God." - Psalm 14:1
Dustbowl County is the Future of Kenya.
**1700 posts = Adios (for real this time!)**
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