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Williamson to pay 50/= interim
Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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jerry wrote:cnn wrote:jerry wrote:mlennyma wrote:Am warning any greedy hyena to stay away from wtk,you might break your back. Tell them. Public knowledge is valueless. I'd rather go for paka than chase WTK. We got greedy a while back...no regrets,no apologies. Then it must be time to be fearful! Never ever,my current holdings are courtesy of capital gains in the share price from 180s to 300(sold 53% of my holdings getting back the capital invested).So at any price above zero i am good,the dividend is just the icing.
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Closed the day 299/-....i pity those who bought the shares today at 300/- hoping it will reach 400/- or 500/-/
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Rank: Chief Joined: 1/3/2007 Posts: 18,103 Location: Nairobi
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Forget share price... Vindication! I like & continue to hold WTK... Profits in 2H 2011-12 will be good (even without the sale Williamson House) considering: 1)High tea prices (without higher costs too) 2)Volatile but weak KES in Nov/Dec 2011 (not repeated in Feb/Mar 2012) 3)Higher tea production if it has rains or is wet 4)High interest income on the cash reserves Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: User Joined: 1/24/2012 Posts: 1,675 Location: In Da Hood
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VituVingiSana wrote:Forget share price...
Vindication! I like & continue to hold WTK... Profits in 2H 2011-12 will be good (even without the sale Williamson House) considering:
1)High tea prices (without higher costs too) 2)Volatile but weak KES in Nov/Dec 2011 (not repeated in Feb/Mar 2012) 3)Higher tea production if it has rains or is wet 4)High interest income on the cash reserves you you actually have anything to say about the share price . its a total useless share to hold ... there's actally no difference in holding wtk and a share that has been suspended !
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Rank: Chief Joined: 8/4/2010 Posts: 8,977
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That volume spread tells a different story all together... $15/barrel oil... The commodities lehman moment arrives as well as Sovereign debt volcano!
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Can some one explain why the hell the book closure date is so early??? The announcement was done yesterday and the book closure is on the 15th February 2012.
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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hisah wrote:That volume spread tells a different story all together... @hisah..at a time like this those volumes do not count.All that matters is my take home.
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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FUNKY wrote:Can some one explain why the hell the book closure date is so early??? The announcement was done yesterday and the book closure is on the 15th February 2012. I find no problem with that.
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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After books close this counter will fall like a rock. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 9/29/2006 Posts: 2,570
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cnn wrote:jerry wrote:cnn wrote:jerry wrote:mlennyma wrote:Am warning any greedy hyena to stay away from wtk,you might break your back. Tell them. Public knowledge is valueless. I'd rather go for paka than chase WTK. We got greedy a while back...no regrets,no apologies. Then it must be time to be fearful! Never ever,my current holdings are courtesy of capital gains in the share price from 180s to 300(sold 53% of my holdings getting back the capital invested).So at any price above zero i am good,the dividend is just the icing. Lucky you but you can still maximize on your holdings. The opposite of courage is not cowardice, it's conformity.
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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hisah wrote:That volume spread tells a different story all together... More cartoons
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Rank: Elder Joined: 7/21/2010 Posts: 6,183 Location: nairobi
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Unfortunately this share will shed more than the dividend yield on books close..some bonus shares would have been a better option for me...apparently there is no other hse to sell may be the farms. "Don't let the fear of losing be greater than the excitement of winning."
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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I understand that the share will fall like a meteorite after books closure, but there will be money in the bank. Its still a 17% dividend yield at 300. I jumped in, That yield was irresistible, In no hurry to sell the share/don't need to. Of course for a speculator, who cant stay in one position for more than one minute, holding this share for another one year(where there is another dividend in the next 3 months a likely share split or bonus issue) is hard. It would be better for them to chase the ever elusive 10% gain in one month. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Chief Joined: 1/13/2011 Posts: 5,964
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Aguytrying wrote:I understand that the share will fall like meteorite after books closure, but there will be money in the bank. Its still a 17% dividend yield at 300. I jumped in, That yield was irresistible, In no hurry to sell the share/don't need to.
Of course for a speculator, who cant stay in one position for more than one minute, holding this share for another one year(where there is another dividend in the next 3 months a likely share split or bonus issue) is hard. It would be better for them to chase the ever elusive 10% gain in one month.
You've been redeemed. Congrats.
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Aguytrying wrote:I understand that the share will fall like meteorite after books closure, but there will be money in the bank. Its still a 17% dividend yield at 300. I jumped in, That yield was irresistible, In no hurry to sell the share/don't need to If the share falls back to 200 after books closure you will be facing a 34% capital loss against a 17% dividend gain... As opposed to one who buys at 200 after books closure for a 10% dividend and little or no capital destruction... sorry to say but For a long term investor you sure seem to focus on short term news flow for your decision making.. Mark 12:29 Deuteronomy 4:16
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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guru267 wrote:Aguytrying wrote:I understand that the share will fall like meteorite after books closure, but there will be money in the bank. Its still a 17% dividend yield at 300. I jumped in, That yield was irresistible, In no hurry to sell the share/don't need to If the share falls back to 200 after books closure you will be facing a 34% capital loss against a 17% dividend gain... As opposed to one who buys at 200 after books closure for a 10% dividend and little or no capital destruction... sorry to say but For a long term investor you sure seem to focus on short term news flow for your decision making.. I've joined the party late. i saw the chance to exorcise my demons and i took it. That dividend!!! after i suffer the 34% capital erosion. I'll also get the 10%( for me might be 7%)dividend. 34-(17+7)= negative 10% on my investment. Not bad, as i wont take the loss by selling, and no hurry/pressure to sell in next even 2 yrs. Also the future is very promising for the company, and there may be share actions:bonus, splits who knows. For the last paragraph scathing attack(light note). Special dividends like this call for special unorthodox/actions. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Cde Monomotapa wrote:Aguytrying wrote:I understand that the share will fall like a meteorite after books closure, but there will be money in the bank. Its still a 17% dividend yield at 300. I jumped in, That yield was irresistible, In no hurry to sell the share/don't need to.
Of course for a speculator, who cant stay in one position for more than one minute, holding this share for another one year(where there is another dividend in the next 3 months a likely share split or bonus issue) is hard. It would be better for them to chase the ever elusive 10% gain in one month.
You've been redeemed. Congrats. Thanks, time will tell. money in the bank, and to quote a wise man "please continue paying your bill" that was a classic. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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I know QW, Jerry, mlenny et al will have me for breakfast when they see my confession. Just wait in case the share goes higher others will come out, its never easy to state your position publicly before it has been successful. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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Aguytrying wrote:Also the future is very promising for the company, and there may be share actions:bonus, splits who knows. I really hope for your sake the share actions come to pass because I can honestly say ive heard investors wishing for these actions for the past 6 years.. What exactly do you think makes the future promising for this company¿¿ And plse do not talk about real estate because that is pure speculation... Mark 12:29 Deuteronomy 4:16
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Rank: Member Joined: 9/26/2006 Posts: 404 Location: CENTRAL PROVINCE
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VituVingiSana wrote:Forget share price...
Vindication! I like & continue to hold WTK... Profits in 2H 2011-12 will be good (even without the sale Williamson House) considering:
1)High tea prices (without higher costs too) 2)Volatile but weak KES in Nov/Dec 2011 (not repeated in Feb/Mar 2012) 3)Higher tea production if it has rains or is wet 4)High interest income on the cash reserves Am holding onto this one too......In 4 - 5 years, i have a feeling i will have recovered all my capital from WTK in form of dividends and bonuses. A 35% return on investment in the horizon within a six months window.......and the tea pot looks like getting sweeter in 2012. Happy Hunting
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