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EABL half year 2019/2020 results
obiero
#81 Posted : Tuesday, October 12, 2021 6:22:40 PM
Rank: Elder


Joined: 6/23/2009
Posts: 13,005
Location: nairobi
VituVingiSana wrote:
Ericsson wrote:
My 2 cents wrote:
The demerits of printing money aside; the argument is that you get a higher and risk free yield from the government IFB bond as compared to the EABL commercial paper.


Probability of EABL defaulting in interest payments and principal repayments is zero
There is nothing for sure but death and taxes.

Probability is not zero, but highly unlikely that EABL will default, with backing of Diageo.. This is not ARM, Imperial..
COOP 5,500 ABP12.6; HF 30,000 ABP 5.90; KCB 7,500 ABP 36; KQ 414,100 ABP 7.92; MTN 15,750 ABP 6.45
My 2 cents
#82 Posted : Tuesday, October 12, 2021 9:08:57 PM
Rank: Member


Joined: 6/2/2010
Posts: 695
Neither the EABL share nor the bond interest me. They are both expensive for what they offer and better deals can be found elsewhere. Fancy paying PE 30 for a low growth company? EABL is past its prime, in its hey day it was the Safaricom of the NSE. I have a few EABL shares that I bought for Kes144 per share in 2008!!!! Today at Kes 160 per share (13 years later) they have risen by 14.5% total ;)
Ericsson
#83 Posted : Wednesday, October 13, 2021 9:17:59 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,078
Location: NAIROBI
My 2 cents wrote:
Neither the EABL share nor the bond interest me. They are both expensive for what they offer and better deals can be found elsewhere. Fancy paying PE 30 for a low growth company? EABL is past its prime, in its hey day it was the Safaricom of the NSE. I have a few EABL shares that I bought for Kes144 per share in 2008!!!! Today at Kes 160 per share (13 years later) they have risen by 14.5% total ;)



You didn't sell when the price rose to ksh.300.
When you were buying the counter EABL used to give juicy dividends,nwdays it's a pale shadow of it's yester years.
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
My 2 cents
#84 Posted : Wednesday, October 13, 2021 11:46:11 AM
Rank: Member


Joined: 6/2/2010
Posts: 695
Ericsson wrote:
My 2 cents wrote:
Neither the EABL share nor the bond interest me. They are both expensive for what they offer and better deals can be found elsewhere. Fancy paying PE 30 for a low growth company? EABL is past its prime, in its hey day it was the Safaricom of the NSE. I have a few EABL shares that I bought for Kes144 per share in 2008!!!! Today at Kes 160 per share (13 years later) they have risen by 14.5% total ;)



You didn't sell when the price rose to ksh.300.
When you were buying the counter EABL used to give juicy dividends,nwdays it's a pale shadow of it's yester years.


Am a buy and hodler. I hardly ever sell.
Ericsson
#85 Posted : Wednesday, October 27, 2021 10:04:37 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,078
Location: NAIROBI
https://youtu.be/vcgRcjTeFSw

Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
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