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Car & General HY19
Pesa Nane
#1 Posted : Tuesday, June 04, 2019 12:27:02 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c


Pesa Nane plans to be shilingi when he grows up.
Milefeyk
#2 Posted : Saturday, June 22, 2019 12:19:39 PM
Rank: New-farer


Joined: 4/12/2019
Posts: 18
Profitability is slightly down, thou, it is still half of the year, so, there is enought time to improve it in the second half. Certainly what is topic to be concerned of is significant drop in earnings per share. Did they had new share issuance, or something else influenced such a high drop?
Ebenyo
#3 Posted : Monday, December 23, 2019 9:09:18 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,793
Location: Kitale
full year results should be out later this week or early next week.
Towards the goal of financial freedom
Ebenyo
#4 Posted : Wednesday, January 22, 2020 3:23:05 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,793
Location: Kitale
car and general have delayed releasing results for 2019.Whats up?
Towards the goal of financial freedom
Ericsson
#5 Posted : Wednesday, January 22, 2020 3:51:50 PM
Rank: Elder


Joined: 12/4/2009
Posts: 8,070
Location: NAIROBI
Ebenyo wrote:
car and general have delayed releasing results for 2019.Whats up?

vvs is a fan,he might have some info
VituVingiSana
#6 Posted : Wednesday, January 22, 2020 6:20:48 PM
Rank: Chief


Joined: 1/3/2007
Posts: 16,769
Location: Nairobi
Ericsson wrote:
Ebenyo wrote:
car and general have delayed releasing results for 2019.Whats up?

vvs is a fan,he might have some info
Surprising there's nothing yet but it has until 31 Jan. Seeing how tough it has been for the engineering and construction sectors in 2019, and based on 1H19 results, I expect modest profits for FY19 at best.
I am not sure if they will even pay a dividend given the level of receivables and loans.
Firms with loans may reduce or eliminate on dividends to reduce debt.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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