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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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guru267 wrote:VituVingiSana wrote:
I own Kapchorua shares so I knew it was not 100%.
It was really daft of me to think that!!!! i think it was early morning blues...  Sigh... I wish it was your buddy @qw who had said it... I wud have enjoyed it sana! In your case, not so much...! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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guru267 wrote:I tried to get in to Kakuzi today but failed... Sorry to anyone planning to get in because starting tomorrow i'm bidding up the price above 90  "Good news" @g267. You do not have to bid for Kakuzi at 90+. There are 6,400 shares available at between 88 and 89.50. Knock yourself out! I guess you know that this has been the upper end of its trading range, so if you buy at these prices, you will hold these shares for a while.
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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@mwanahisa - Unless we have 'Tanoo' city on Kakuzi land... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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VituVingiSana wrote:@mwanahisa - Unless we have 'Tanoo' city on Kakuzi land... @VVS and I guess Merali will be coming up with Siitaa City at Sasini while Limuru Tea will be breaking the ground for Saabaa City. 
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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mwanahisa wrote:VituVingiSana wrote:@mwanahisa - Unless we have 'Tanoo' city on Kakuzi land... @VVS and I guess Merali will be coming up with Siitaa City at Sasini while Limuru Tea will be breaking the ground for Saabaa City. So who has Nnee City but perhaps we shud skip it coz doesn't sound great!!! Mojaa City Mbilii City Tatuu City Tanoo Sitaa Sabaa Naneh Koomii Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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mwanahisa wrote:
I guess you know that this has been the upper end of its trading range, so if you buy at these prices, you will hold these shares for a while.
I dont care where this stock has been trading.... Have you been watching the tea auctions plus the supply??? then haven't you noticed how the kenyan shilling has been weakening??? This range will be smashed through once these results are released.... I also love Kapchorua at these levels by the way... Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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guru267 wrote:mwanahisa wrote:
I guess you know that this has been the upper end of its trading range, so if you buy at these prices, you will hold these shares for a while.
I dont care where this stock has been trading.... Have you been watching the tea auctions plus the supply??? then haven't you noticed how the kenyan shilling has been weakening??? This range will be smashed through once these results are released.... I also love Kapchorua at these levels by the way... So have you bought today, now that they are freely available?
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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mwanahisa wrote:guru267 wrote:mwanahisa wrote:
I guess you know that this has been the upper end of its trading range, so if you buy at these prices, you will hold these shares for a while.
I dont care where this stock has been trading.... Have you been watching the tea auctions plus the supply??? then haven't you noticed how the kenyan shilling has been weakening??? This range will be smashed through once these results are released.... I also love Kapchorua at these levels by the way... So have you bought today, now that they are freely available? I will find out at 5 from my broker... Mine better be one of the trades I see taking place right now Mark 12:29
Deuteronomy 4:16
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Rank: New-farer Joined: 10/28/2010 Posts: 11 Location: Liechtenstein
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VituVingiSana wrote:pkmm wrote:VituVingiSana wrote:[quote=pkmm][quote=VituVingiSana]On 24 Feb 2010...
The comments are from FEB 2010... when the rally had just started...
Since then I have bought into Kakuzi, Williamson, Kapchorua... YOU got it! the issue here is LAND VALUE, more so, those plantations within nrb/large metros, the land is more valuable than the crop ... Where is hon Orengo when we need him ... land speculation getting out of control. This is he best n cheapest way to own land IMO BTW VVS, did you know Kapchorua is wholly owned by Williamson ... Question? what change if any with these plantations in regards to Counties? 1) Let those who want to speculate do so... As long as it is not illegal! What's your problem here? This is not illegally grabbed land. 2) Kapchorua is not 100% owned by Williamson. Where do you get your info? 3) None of the plantations (listed firms) are within Nairobi. The closest would be Eagaads but that is in Kiambu/Ruiru. 4) I did not buy into these for land. That is a side benefit. I bought into them for the Tea. 1) Speculation will cause the same/worse problems than the West is having as a result of housing/etc speculation, except ours will be worse. 2) How much do you know about Williamson/Kapchorua? i)I worked there ii) check Williamson website, it was also there. 3) Land is NOT only being speculated in Nairobi/Metro, check across Kenya and nearby. In March and again in Sept I travelled to Arusha,South Nyanza, Nyanza, Mombasa/North & South, Eldoret, Nakuru, Naivasha, Nyeri, Garissa, Juba, Machakos(malili,Lukenya), Thika ... in all these areas there is a great deal of land speculation. 4) Near major cities /metro, crop is surely secondary.
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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@guru. Im afraid of asking you what is sooo good about kakuzi. Because the last time i checked a company you'd given heads up -jubilee-. It blew my mind so much, i had to buy it. I started tracking this share when it used to oscillate between 70-80 for months, then suddenly went above 80 and stabilised there. One can actually make money with these fluctuations. The name has a ring to it i must admit. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Aguytrying wrote:@guru. Im afraid of asking you what is sooo good about kakuzi. Weakening shilling, High tea prices, High supply of tea, and under valued land on their balance sheet.... with the P/E and book value this stock is trading at all I have to do is patiently wait for the guys who bought at 19-30 to finish taking their profits Nothing more... I would also recommend Kapchorua because its equally as cheap Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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pkmm wrote:
2) How much do you know about Williamson/Kapchorua? i)I worked there ii) check Williamson website, it was also there.
I am 100% sure that Williamson does not own 100% of Kapchorua... I will not revisit this matter unless you have incontrovertible proof... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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If Williamson owns 100 percent of Kapchorua, then HOW ON EARTH are guys still able to buy their shares from the market? Or Williamson is a frequent trader of its shares? GOD BLESS YOUR LIFE
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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youcan'tstopusnow wrote:If Williamson owns 100 percent of Kapchorua, then HOW ON EARTH are guys still able to buy their shares from the market? Or Williamson is a frequent trader of its shares I wonder if @pkmm = @qw ???? Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: New-farer Joined: 10/28/2010 Posts: 11 Location: Liechtenstein
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@VVS, what was I thinking! I n I'm sure others owe a few shares of kapchorua, and hence there is NO way WT can own 100% kapchorua, your point well taken ...
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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VituVingiSana wrote:youcan'tstopusnow wrote:If Williamson owns 100 percent of Kapchorua, then HOW ON EARTH are guys still able to buy their shares from the market? Or Williamson is a frequent trader of its shares I wonder if @pkmm = @qw ???? Funny thing is I was about to suggest the same. But that would mean he is pretty messed up in the head (3 different personalities ) Do you remember his alter ego, Capital Markets Geek? GOD BLESS YOUR LIFE
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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Today foreigners have turned their money to Kakuzi.One percent of the company's shares traded.
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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Kakuzi has way more land near Nairobi than Eaagads! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 6/2/2008 Posts: 1,438
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VituVingiSana wrote:Kakuzi has way more land near Nairobi than Eaagads! Actually, Eaagads' land is nearer Nairobi than Kakuzi. Kakuzi has more land, but theirs is beyond Thika, I think! Sasini's land is much nearer - some of it in Kiambu County while the rest is in Rift Valley. But Sasini has been revaluing property and equipment, so it does not trade at as big as a discount as the other Agriculturals. And then there is the Merali factor! On the other hand WTK has land they have not revalued for a while and also own shares in Williamson House in Upper Hill. However, all their land is in Rift Valley!
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Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi
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mwanahisa wrote:VituVingiSana wrote:Kakuzi has way more land near Nairobi than Eaagads! Actually, Eaagads' land is nearer Nairobi than Kakuzi. Kakuzi has more land, but theirs is beyond Thika, I think! Sasini's land is much nearer - some of it in Kiambu County while the rest is in Rift Valley. But Sasini has been revaluing property and equipment, so it does not trade at as big as a discount as the other Agriculturals. And then there is the Merali factor! On the other hand WTK has land they have not revalued for a while and also own shares in Williamson House in Upper Hill. However, all their land is in Rift Valley! Kakuzi's land is accessible to the Highway (but in/near Thika) whereas Eagaads is in Ruiru... Williamson House - Only 6 floors belong to Williamson. They ran out of cash many years ago so 'sold' the rest. Sasini - Yep, the merali factor. He will make money no matter what! Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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