Visited their farm past Kenol and things there are looking up.
Avocados are doing well, milk has hit a high of 30 shillings per litre (These guys have high grade cows), they also have green houses for horti, and a serious forest for growing poles and timber tree (was worried KPLC of late are using concrete poles but was informed they still buy for rural electrification and export),
Pineapples are bought by Del Monte, and the best news of the day, the guys grow tea in two areas, the past Kenol area (forgotten the name of the place but is like kikuyu)and Siret in Nandi hills
The operations manager told me that tea returns has more than doubled and they don't intend to sell their land soon. Maybe after 100 yrs.
He said he was disappointed by the low price of Kakuzi at 87 as he believes the shares are worth anywhere between 150 and 200.
This is leaked data. He said the parent company of Kakuzi, Camellia Inc, has asked the company to pay maximum dividends. They control over fifty percent of the company (slightly over 10 million shares) and thus expect their request to be met as they need cash at home - Britain.
"Kama Williamson made 96 EPS, what do you think Kakuzi has made", he said.
Made a call and bought 10,000 Kakuzi yesterday at 88 before I left for Nandi hills.
Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own