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SASINI RESULTS
Rank: Member Joined: 9/12/2009 Posts: 312
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Any clues?? They annouce them around this time. 
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Rank: Elder Joined: 8/16/2011 Posts: 2,360
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Wondergirl wrote: Any clues?? They annouce them around this time.  Got your interim @30 cents early this year? Then , for the final add 50cts to make a full result of 80cts for the year 2010-2011! A maxim of 100cts (1Kes) will be a merry Xmas!
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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Wondergirl wrote: Any clues?? They annouce them around this time. Still in the kitchen being cooked! @SufficientlyP
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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Sufficiently Philanga....thropic wrote:Wondergirl wrote: Any clues?? They annouce them around this time. Still in the kitchen being cooked! and serve it with some sasini tea. !!!!!
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Rank: Member Joined: 9/12/2009 Posts: 312
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Realtreaty wrote:Wondergirl wrote: Any clues?? They annouce them around this time. Got your interim @30 cents early this year? Then , for the final add 50cts to make a full result of 80cts for the year 2010-2011! A maxim of 100cts (1Kes) will be a merry Xmas!  However the market is not very optimistic- The price has 'refused' to rally. ( But then again Mr market doesn't give a hoot these days about good results or even bonuses , he has a mind of his own.
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Wait and see if they will factor-in the change of land from agricultural to commercial.....
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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i once read here in Wazua, that good (positive) results are never delayed.....
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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Jamani wrote:i once read here in Wazua, that good (positive) results are never delayed..... Well just to take you back a bit. In my best year in stocks(2006),they released accounts on 18th Dec. I remember with lots of nolstalgia seeing the stock rise to 180 on that day on good volumes. Ofcourse they had done a 1:5 bonus and a 5:1 split! @SufficientlyP
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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@SPT, in other words i should look at delay in sasini with optimism.....
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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Jamani wrote:@SPT, in other words i should look at delay in sasini with optimism..... You know @Jamani, meals that take long to be prepared are often the sweetest, or is it the tastiest! As @QW said, they'll come served with Sasini Tea! @SufficientlyP
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Rank: Member Joined: 8/17/2010 Posts: 116
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paid interim @50cts & will pay minimum 50cts. Result will out by next week. expecting bonus as they r celebrating 60years. also change land from Agri. to Commercial.
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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With clean hands am seated at the table waiting for the meat from the cows in their shambas, which has been slaughtered, marinated and cooking on low fire, after which i will top dress it as QW says, with sasini tea.....
though am skeptical of the cook, you know the games he plays elsewhere i might only be served with mahuu and soup from the meat..... (well as my friends from central say "ona mahuu no nyamaa") lets wait.....
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Rank: Member Joined: 9/12/2009 Posts: 312
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KIRTI wrote:paid interim @50cts & will pay minimum 50cts. Result will out by next week. expecting bonus as they r celebrating 60years. also change land from Agri. to Commercial. 
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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KIRTI wrote:paid interim @50cts & will pay minimum 50cts. Result will out by next week. expecting bonus as they r celebrating 60years. also change land from Agri. to Commercial. Hallelujah! @SufficientlyP
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Rank: Chief Joined: 1/3/2007 Posts: 18,261 Location: Nairobi
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merali will give the other shareholders crumbs... He did so with the prime land Firestone had... 25% of the development... Yes, only 25%... the rest is his!!! And I am sure the 75% was financed using loans so merali put in zero but gets 75%... Sasini will be the same deal... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 5/27/2008 Posts: 3,760
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VituVingiSana wrote:merali will give the other shareholders crumbs... He did so with the prime land Firestone had... 25% of the development... Yes, only 25%... the rest is his!!!
And I am sure the 75% was financed using loans so merali put in zero but gets 75%...
Sasini will be the same deal... Clearly, no love lost......
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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VituVingiSana wrote:merali will give the other shareholders crumbs... He did so with the prime land Firestone had... 25% of the development... Yes, only 25%... the rest is his!!!
And I am sure the 75% was financed using loans so merali put in zero but gets 75%...
Sasini will be the same deal... @VVS am with you on this one. Sameer Africa sold the land to Sameer Business park for 190m. If Merelli was concerned about the minority, the land could have been part of SAL's equity since the tire business is doing so poorly. Life is short. Live passionately.
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Let me understand, did he do it because he owns 75% of the holdings or he did it the CMC way?
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Rank: Elder Joined: 9/12/2006 Posts: 1,554
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Looking at the previous report, list of shareholders with holdings, I can see about 800 new millionaires being created (i.e. if they are not yet millionaires)... this is based on if "they" decide to convert from agricultural to commercial without noting VVSs comments above....
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Jamani wrote:Let me understand, did he do it because he owns 75% of the holdings or he did it the CMC way? formed a new company SBP in which he owns 75% and SAL only 25%. SAL then transferred the land to SBP. The sale reduced the losses of SAL from tyre business. No special div to the shareholders for the sale. Watch out for similat tricks is sasini. Life is short. Live passionately.
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