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Kakuzi will be so rewarding by march
the deal
#61 Posted : Tuesday, April 26, 2011 4:40:31 PM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Surealligator wrote:
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.

Laughing out loudly Laughing out loudly just eat the humble pizza...careful u might turn a million into a few thousands....with the scarnt rains...i dont see how Kakuzi will be so rewarding even by May.
youcan'tstopusnow
#62 Posted : Tuesday, April 26, 2011 5:03:56 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
The moral of this story is that managers will say ANYTHING to promote their businesses
GOD BLESS YOUR LIFE
mwanahisa
#63 Posted : Tuesday, April 26, 2011 5:14:14 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
Applause Applause Applause
youcan'tstopusnow wrote:
The moral of this story is that managers will say ANYTHING to promote their businesses


And, you can take that to the bank!
VituVingiSana
#64 Posted : Tuesday, April 26, 2011 8:31:56 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
Well, the issue has to do with profits vs share price... Ancient discussions...

You can only get a bargain when folks are depressed about the future... AND do your research!

My biggest 'miss' was ARM... It had gone down to 3/- & I thought [well, derided] it coz I thought it had no future... I even met the CEO at some party & spent a few minutes with him...

He explained the strategy but I was tone deaf... It was his company but I was close-minded. I did not even buy a few shares!

I had Bamburi & even some EAPCC... Bamburi made me money then I sold out. EAPCC - the less said the better!

ARM went from 3/- to 200/-...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Wondergirl
#65 Posted : Wednesday, April 27, 2011 8:21:12 AM
Rank: Member

Joined: 9/12/2009
Posts: 312
[b]Pineapples are bought by Del Monte[/b

That is sooo not true!!! That I know for a fact.
The Merchant
#66 Posted : Wednesday, April 27, 2011 9:21:24 AM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
@the deal....Kakuzi has a dam, drought is not a big issue for them, says the MD....
Elephant Man
#67 Posted : Wednesday, April 27, 2011 9:43:01 AM
Rank: Member

Joined: 12/24/2008
Posts: 112

With less than 20m shares in issue pity they didn't give a bonusSad
VituVingiSana
#68 Posted : Wednesday, April 27, 2011 10:12:15 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
I have seen the Dam. I think it can be seen from Thika Rd as well but I hope it rains... not just for Kakuzi but for all Kenyan farmers!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
guru267
#69 Posted : Wednesday, April 27, 2011 10:18:52 AM
Rank: Elder

Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
VituVingiSana wrote:
I have seen the Dam. I think it can be seen from Thika Rd as well but I hope it rains... not just for Kakuzi but for all Kenyan farmers!

They announced a lower profits in what was a super 2010 for the other agricultural companies..
Thats why I sold out immediately.
Mark 12:29
Deuteronomy 4:16
mwanahisa
#70 Posted : Monday, October 31, 2011 1:52:45 PM
Rank: Elder

Joined: 6/2/2008
Posts: 1,438
It has almost been a year since Sure Alligator started this thread.

It was somewhat unfortunate that his thread raised expectations for Kakuzi rather too high. And when those expectations were not met, the share price inevitably fell.

I for one was not such a big fan of Kakuzi, especially as I have been considering their earnings to be rather pedestrian relative to my favourite Agric - WTK.

However, I took some time to study it and as the share price tumbled to below Kshs 70, I have been quietly accumulating. While Kakuzi has had decent (but not spectacular) earnings, I have come to the conclusion that they could be ramped up significantly over the coming years. But the real clincher is the vast amount of land that they sit on - not too far from Nairobi.

With WTK share price having risen over 50% in a such a short span of time, I believe it is just a matter of time before the market rerates Kakuzi's price as well - and it could be quite a big one. In any case, In the next 5 years, this counter could easily be a ten bagger!
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