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Breweries stocks Nigerian Breweries (NBL), Guinness, Jos Int Breweries etc

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  #261 (permalink)  
Old 17th February 2014, 07:15 PM
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Default Re: Guinness

Quote:
Originally Posted by Dicobody View Post
http://www.nse.com.ng/Financial_News...llguinness.pdf

this wan na sorry o.since 18__ wet in sef?
what is killing this company slowly, for the past three years the result has been downward retrogression. is tit because of the competition in the larger and stout market segment. this coy/stock used to be my darling with dividend for the past one decade but the way things are going I think its time to find another darling in NBL
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  #262 (permalink)  
Old 18th February 2014, 02:03 AM
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Default Re: Guinness

Guinness Nigeria records 32% decline in half-year pre-tax profit | BusinessDay
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  #263 (permalink)  
Old 18th February 2014, 12:34 PM
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Default Re: Guinness

Quote:
Originally Posted by arostuff View Post
what is killing this company slowly, for the past three years the result has been downward retrogression. is tit because of the competition in the larger and stout market segment. this coy/stock used to be my darling with dividend for the past one decade but the way things are going I think its time to find another darling in NBL
Omo, Guinness is falling badly o.
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  #264 (permalink)  
Old 18th February 2014, 01:28 PM
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Default Re: Guinness

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Originally Posted by Oracle View Post
Omo, Guinness is falling badly o.
These guys are in for some reall trouble..

Most of the peopel i know that used to take Guiness now only take Red wine..

And the other unfortunate thing is that its loosing market to cheaper brands..

At this stage I would advise the MD to do away with Harp....acquire a lower brand and as such make money from both the low and high end of the market
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  #265 (permalink)  
Old 18th February 2014, 02:53 PM
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Default Re: Guinness

Quote:
Originally Posted by overload View Post
These guys are in for some reall trouble..

Most of the peopel i know that used to take Guiness now only take Red wine..

And the other unfortunate thing is that its loosing market to cheaper brands..

At this stage I would advise the MD to do away with Harp....acquire a lower brand and as such make money from both the low and high end of the market
They have done that nah...... Dubic Lager:N150/bottle
But NBL countered with Goldberg Lager:N150/bottle
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  #266 (permalink)  
Old 18th February 2014, 09:45 PM
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Default Re: Guinness

Are they still making money? Yes
Was the share over priced ? i believe so

Sadly nothing grows forever, the BEERS are not only fighting themselves for market space but also dealing with the changing lifestyles of the current and upcoming consumers.
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  #267 (permalink)  
Old 21st February 2014, 03:18 PM
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Default Re: Guinness

GUINNESS's Records 13% YoY Revenue Decline; Cardinal Stone Maintains SELL Rating - Proshare
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