I think the operating results will be good. However, Sasini seems to have frontloaded the gains arising from changes in fair value of biological assets in 2008-09 and 2009-10. Hence the increase in overall PBT may not be overwhelming. I actually prefer to look at the operating profits as they are "cash based" (in a manner of speaking). Thus, a company can pay dividends from them, so I would be happy with such a scenario.

On the other hand the price movements seem to suggest that there is a big seller, hence buyers are rather hesitant to plunge in. One can buy cautiously while they wait for the big seller(s) to exhaust their supply.

Merali companies tend to have rather nasty surprises (although Sasini is the best of the lot among those listed). CAUTION should therefore be exercised - this is one which is ONLY for those with high risk tolerance!

is sasini the holding company for the merali cows- i mean milk/agriculturals

Williamson and Kapchorua,publish their half year on Tuesday,those for me are the SI listed firms for tea.The director i got this from,just smiled when i asked him how they are.They should be good.

I hope they are. Sasini and Mumias make up my risky quota and I want to bail out at 14.50 - 15 range for both stocks.

I expect the H1 results for both WTK and KAPC to be pretty good. The half year results that have been reported so far for Sasini, Kakuzi, Limuru Tea and even Eaagads point to that. While H1 will most likely be better than last year, I highly doubt that the full year results for 2010-11 can outdo the 2009-10 performance. WTK's performance in particular was just too incredible to be repeated. Pity the price never went up after the results, but I guess the results were already anticipated.

Having said that as a proud shareholder of WTK I would be happy for a repeat performance. I bought my shares real cheap and I still hold about 50% of my original stake having taken some profits when the price stagnated. I am now looking for a re-entry point.

I am also looking at speculating in Sasini, Merali or no Merali.