Its 15 days since i started this thread and since then, the share price has exploded to a high of Ksh 284 (over 50% capital gains).
The cash and cash equivalents for this company as at 31st March 2011 was about Ksh 332, with an additional Ksh 108 as biological assets per share (Total of Ksh 440).
The half year results should be out mid next month when i expect an announcement on how the proceeds of the HQ sale are to be dealt with and a healthy interim dividend. A price of Ksh 300 still looks cheap and a share split is the only action holding back a price in the Ksh 350 - 400 range (p/e of 3.5 - 4).
Happy hunting.
x handle: @stocksmaster79