You dare metion selling KK and KQ? VVS and deal respectively will curse you.

@VVS

Man, don't sell your Serena yet. Foreign investors are getting into the company after failing to get triple unclaimed rights. Sell at 70 if you must sell.

Lakini, pwana, hi KK inanishtua. You made me grab 50,000KK shares at 10 something and it has not behaved very well. Anyway, hope by year end things will change but you owe me a beer. Hata Mwenyewe huota ikiungua.

We were in dubs and segman looked pretty old to me. He claimed he was being cornered and I thought he might it. Here comes Muite and he seems to have carried the magic ward. I should be meeting him in late Oct at Park Place. But he seems uncertain of the deal holding for long as KK is on the receiving end. What's your take.

So is buying at 65 or lower still a good deal? prospects? 100 by dec 2010?

Surealligator, you should have grabbed some at 9

@GG

Thats for sure.

@YCSUN

I use to have the KK shares having gotten them at 45, they went up then down and finally sold them at 85 only for them to go to 110 and split.

I can't make out half of what you are saying!

1) Dubs? [Dublin?]
2) Who are meeting at Park Place (in London?) in Oct? Muite or Segman?
3) Segman should be in his mid-late 50s. I think.
4) I think there is NO proper deal in place between KK & KPRL. The recent OTS moves worry me. They give excessive power to MoE who as you know I do not trust!

I aim for a 30% annual gain. So in 3 years = 100%. Ceteris Paribus. Quote this in 3 years (20 Sep 2010) if Wazua & I are around!

KK: 1 Oct 2010 = 10/- but 20/- is a given with regional expansion. Also owns decent real estate in many fast growing African countries.

KQ: 1 Oct 2010 = 47/- & 94/- is a strong possibility as expansion into Africa takes hold. KQ has started linking China, India & Middle East into Africa. These 4 regions are the fastest growing regions...

China's growth is legendary. There will be setbacks but mere bumps in the road.
India has its challenged. Unlike China's state sponsored growth this is bumpier but solid (& robust) private sector growth. Look at Bharti Airtel & YU-Essar both in Kenya & Africa. Tata trucks are a common sight in Zambia & Uganda.
'Middle East' is an investor. Kuwait, Qatar, Abu Dhabi all want to diversify from Europe & USA... and Africa is next door. Dubai to Nairobi is 4 hours.
Africa: Problems, Wars, Coups, etc... BUT the potential is here. Unlike massive China or India, it is fragmented. A pity! Nevertheless, look at amazing Mauritius, Botswana or Rwanda. They have stable governments. Mauritius & Botswana have almost ZERO corruption with strong democracies & weak armies! Rwanda under Kagame is doing very well.

Kenya will see a huge boost when S.Sudan secedes. Just a matter of time. Uganda's oil money will trickle into Kenya as well. Tanzania is a sleeping giant. Well, when they want to work! Congo & Algeria have resources up the wazoo.

KQ serves them all...
N'dola to Nairobi to Dubai
Accra to Nairobi to India
Lagos to Nairobi to China

@guru I am going to be an activist shareholder! I noticed the ndegwas are pushing for a REIT through ICEA so the next step is to find assets to put into the REIT... Unga has lots of properties which can be 'bought' by the REIT...

I am banking on the property assets NOT the business of milling... That said, there is huge 'brand value' to Unga's brands... which they can sell off!

I like Kakuzi but they are in a different boat...

Agricultural land is harder to 'transfer' sell vs Industrial land... With the 'new' constitution & the 999 year leases coming up for 'conversion' to 99 years...

More fuel for take off...

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