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EA Portland Cement HY19
FUNKY
#21 Posted : Friday, August 09, 2019 5:33:51 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,562
Impunity
#22 Posted : Saturday, August 10, 2019 2:27:12 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,183
Location: Masada
FUNKY wrote:
https://www.nation.co.ke/news/Portland-Cement-stops-move-to-sack-staff/1056-5229756-view-asAMP-sv8bun/index.html?__twitter_impression=true


Confused!
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

Impunity
#23 Posted : Saturday, August 10, 2019 2:29:12 AM
Rank: Elder


Joined: 3/2/2009
Posts: 26,183
Location: Masada
nairobby wrote:
Ericsson wrote:
East Africa Portland cement declares all jobs redundant as it undertakes a restructuring to reverse a daily loss position of ksh.8 million. Payment will be made at points of exit and employees are encouraged to reapply for reconfigured positions


This is what KQ should doLaughing out loudly


Watch and learn!

Laughing out loudly Laughing out loudly Laughing out loudly
Portfolio: Sold
You know you've made it when you get a parking space for your yatcht.

VituVingiSana
#24 Posted : Saturday, August 10, 2019 8:18:54 PM
Rank: Chief


Joined: 1/3/2007
Posts: 16,585
Location: Nairobi
Impunity wrote:
FUNKY wrote:
https://www.nation.co.ke/news/Portland-Cement-stops-move-to-sack-staff/1056-5229756-view-asAMP-sv8bun/index.html?__twitter_impression=true


Confused!
Not quite. The right thing to do is to cease trading BUT GoK will insist it stays open. Optics. Not boarding EAPCC even with all the assets it has.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
obiero
#25 Posted : Thursday, August 15, 2019 7:42:43 PM
Rank: Elder


Joined: 6/23/2009
Posts: 12,409
Location: nairobi
VituVingiSana wrote:
Impunity wrote:
FUNKY wrote:
https://www.nation.co.ke/news/Portland-Cement-stops-move-to-sack-staff/1056-5229756-view-asAMP-sv8bun/index.html?__twitter_impression=true


Confused!
Not quite. The right thing to do is to cease trading BUT GoK will insist it stays open. Optics. Not boarding EAPCC even with all the assets it has.

A dangerous firm in a crumbling sector
COOP 5,500 ABP12.6; HF 2,000 ABP 5.90; KCB 7,500 ABP 36; KNRE 100,000 ABP 2.90; KQ 392,100 ABP 8.32
sparkly
#26 Posted : Friday, August 16, 2019 6:55:28 AM
Rank: Elder


Joined: 9/23/2009
Posts: 7,420
Location: Enk are Nyirobi
VituVingiSana wrote:
Impunity wrote:
FUNKY wrote:
https://www.nation.co.ke/news/Portland-Cement-stops-move-to-sack-staff/1056-5229756-view-asAMP-sv8bun/index.html?__twitter_impression=true


Confused!
Not quite. The right thing to do is to cease trading BUT GoK will insist it stays open. Optics. Not boarding EAPCC even with all the assets it has.


They don't even have cash to pay off the redundant staff
Life is short. Live passionately.
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