@Sure...source?,though i sold half my holding at 300 this would be great!

@Cnn...When 'Sure' speaks, better take note of what she is saying. You should have asked for more information from her. I understand she is related to Mimnah Jbaru.

Weka link!

WTF?

lol...Danger sign ...! thats money can be used to do something else ..ama they sold the premises to pay dividend !

Will Kakuzi follow suit now that Delmonte has dropped the claim of millions ?

I think you are unaware of how much reserves this company was sitting on before the sale..
They do not need to add anything more to this.

you see amnt aganist super normal dividends but it should be at the back of super normal performance ...i think i would be very careful to invest in such a blind company that cannot even see the future ...
when sasini is retaining allot of cash because of the volatility in its business . WTK is throwing it away ... ..
Bad business practice

or these are the profits from exploiting the fallin shilling ....nkt ... IMMORAL MONEY !!!

The company has established a new higher baseline in profitability with the explosion of tea prices. The last two financial years (2009 and 2010), the company has accumulated over Ksh 100 per share (if you discount the biological assets component from the results) post dividend swelling its reserves. With another pumper year (2011), this reserves were entering ridiculously high levels coupled with the cash from sale of its Head quarters.

The tea revenue for 2012 is projected to rise by about 6-7% hence no reason why Williamson will not post a > Ksh 100 EPS for year ending March 2013.

This share price will explode hence a share split seems like a logical consequence.

Ksh 400 per share looks cheap.

Happy Hunting