Williamson Q1 2011 results - Page 2 - Stocks - Wazua

Welcome Guest

Wazua » Investor » Stocks » Williamson Q1 2011 results

2 Pages<12

Williamson Q1 2011 results

Options

Previous Topic · Next Topic

the deal		#21 Posted : Monday, November 28, 2011 7:12:40 AM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		VituVingiSana wrote: Cde Monomotapa wrote: the deal wrote: VituVingiSana wrote: Erm, someone please explain to @thedeal the differences between 'Sale Price','Profit on Sale' and 'Proceeds from Sale'... Here is a hint: Balance Sheet, P&L and Cash Flow... What are you on about old man? I was commenting on the gain not the selling price, gain on disposal of assets=selling price-net book value Sigh, perhaps Namibian accounting is done differently... Ask @guru for tips.. @the deal In your article you said "the 500million gain on the sale did not exist as was being purported but was instead 144million" Though let me ask... what does "the 500million gain on the sale did not exist as was being purported but was instead 144million" mean??? So who purported a 500mn gain on the sale? I read your so-called analysis & could not understand what you were trying to say Anyway, what do I care... I am IN THE MONEY... Huuh you are quoting what @guru wrote on Wazua SMH? quote in my article where I said a 500 Million gain did not exist? I was commenting on a BD article I even included a link to that story... to me Williamson house was sold at around Sh435-450 Million...its good that people dont see where I make mistakes...bliss
Back to top		Report Abusive \| Report SPAM
User Profile

VituVingiSana		#22 Posted : Monday, November 28, 2011 7:39:20 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,261 Location: Nairobi		@thedeal 450mn (no idea if there were commissions paid)... What does concern me is that the cash has not shown up as of 30 Sep 2011. I hope the cash is placed at 20% (or higher) with Banks... that is a nice fat dividend just from the interest income!!! The Receivables are quite high as well... the Parent needs to remit the cash to Williamson ASAP... That cash can also be placed at 20%...! Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		Report Abusive \| Report SPAM \| Edit by user: Monday, November 28, 2011 7:40 AM \| Reason: Not specified
User Profile

the deal		#23 Posted : Monday, November 28, 2011 9:17:11 AM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		VituVingiSana wrote: @thedeal 450mn (no idea if there were commissions paid)... What does concern me is that the cash has not shown up as of 30 Sep 2011. I hope the cash is placed at 20% (or higher) with Banks... that is a nice fat dividend just from the interest income!!! The Receivables are quite high as well... the Parent needs to remit the cash to Williamson ASAP... That cash can also be placed at 20%...! I think it was taken to the reserves or invested in biological assets.
Back to top		Report Abusive \| Report SPAM
User Profile

stocksmaster		#24 Posted : Monday, November 28, 2011 9:40:34 AM
Rank: Member Joined: 9/26/2006 Posts: 450 Location: CENTRAL PROVINCE		VituVingiSana wrote: @thedeal 450mn (no idea if there were commissions paid)... What does concern me is that the cash has not shown up as of 30 Sep 2011. I hope the cash is placed at 20% (or higher) with Banks... that is a nice fat dividend just from the interest income!!! The Receivables are quite high as well... the Parent needs to remit the cash to Williamson ASAP... That cash can also be placed at 20%...! The cash from the sale of Williamson House seems yet to have been paid by 30th September 2011 and must be responsible for the abnormally high figure of 'Trade and other receivables' of Ksh 1,316,580,000. (This represents 85% of the entire 6 months turnover!!!). Add to this Cash and Bank deposits amounting to Ksh 858M against current liabilities of Ksh 707M. This company is awash with cash......it will be interesting to see what they do as dividends for this financial year. Happy Hunting.
Back to top		Report Abusive \| Report SPAM
User Profile

mwekez@ji		#25 Posted : Monday, November 28, 2011 10:08:51 AM
Rank: Chief Joined: 5/31/2011 Posts: 5,121		stocksmaster wrote: The cash from the sale of Williamson House seems yet to have been paid by 30th September 2011 and must be responsible for the abnormally high figure of 'Trade and other receivables' of Ksh 1,316,580,000. (This represents 85% of the entire 6 months turnover!!!). Add to this Cash and Bank deposits amounting to Ksh 858M against current liabilities of Ksh 707M. This company is awash with cash......it will be interesting to see what they do as dividends for this financial year. Happy Hunting. Indeed this company is KES rich. They already have 520M in short term deposits and 337M laying in the bank, and they are yet to receive the proceeds from sale of Williamson house. The management need to devise ways of utilising this KES or we will conclude that the firm is already mature.
Back to top		Report Abusive \| Report SPAM
User Profile

VituVingiSana		#26 Posted : Monday, November 28, 2011 9:37:49 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,261 Location: Nairobi		the deal wrote: VituVingiSana wrote: @thedeal 450mn (no idea if there were commissions paid)... What does concern me is that the cash has not shown up as of 30 Sep 2011. I hope the cash is placed at 20% (or higher) with Banks... that is a nice fat dividend just from the interest income!!! The Receivables are quite high as well... the Parent needs to remit the cash to Williamson ASAP... That cash can also be placed at 20%...! I think it was taken to the reserves or invested in biological assets. Erm, please explain to me what these 'reserves' are? Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		Report Abusive \| Report SPAM
User Profile

the deal		#27 Posted : Monday, November 28, 2011 10:04:21 PM
Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery		VituVingiSana wrote: the deal wrote: VituVingiSana wrote: @thedeal 450mn (no idea if there were commissions paid)... What does concern me is that the cash has not shown up as of 30 Sep 2011. I hope the cash is placed at 20% (or higher) with Banks... that is a nice fat dividend just from the interest income!!! The Receivables are quite high as well... the Parent needs to remit the cash to Williamson ASAP... That cash can also be placed at 20%...! I think it was taken to the reserves or invested in biological assets. Erm, please explain to me what these 'reserves' are? DIY http://blurtit.com/q442583.html
Back to top		Report Abusive \| Report SPAM \| Edit by user: Monday, November 28, 2011 10:05 PM \| Reason: Not specified
User Profile

VituVingiSana		#28 Posted : Monday, November 28, 2011 10:45:34 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,261 Location: Nairobi		the deal wrote: VituVingiSana wrote: the deal wrote: VituVingiSana wrote: @thedeal 450mn (no idea if there were commissions paid)... What does concern me is that the cash has not shown up as of 30 Sep 2011. I hope the cash is placed at 20% (or higher) with Banks... that is a nice fat dividend just from the interest income!!! The Receivables are quite high as well... the Parent needs to remit the cash to Williamson ASAP... That cash can also be placed at 20%...! I think it was taken to the reserves or invested in biological assets. Erm, please explain to me what these 'reserves' are? DIY http://blurtit.com/q442583.html Nah, that is too complicated. In simple language... So what are 'reserves' that "was taken to the reserves" mean??? Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		Report Abusive \| Report SPAM
User Profile

stocksmaster		#29 Posted : Sunday, February 12, 2012 1:33:27 AM
Rank: Member Joined: 9/26/2006 Posts: 450 Location: CENTRAL PROVINCE		stocksmaster wrote: VituVingiSana wrote: @thedeal 450mn (no idea if there were commissions paid)... What does concern me is that the cash has not shown up as of 30 Sep 2011. I hope the cash is placed at 20% (or higher) with Banks... that is a nice fat dividend just from the interest income!!! The Receivables are quite high as well... the Parent needs to remit the cash to Williamson ASAP... That cash can also be placed at 20%...! The cash from the sale of Williamson House seems yet to have been paid by 30th September 2011 and must be responsible for the abnormally high figure of 'Trade and other receivables' of Ksh 1,316,580,000. (This represents 85% of the entire 6 months turnover!!!). Add to this Cash and Bank deposits amounting to Ksh 858M against current liabilities of Ksh 707M. This company is awash with cash......it will be interesting to see what they do as dividends for this financial year. Happy Hunting. This thread outlines just how cash rich WTK is........... Happy Hunting
Back to top		Report Abusive \| Report SPAM
User Profile

Cde Monomotapa		#30 Posted : Sunday, February 12, 2012 8:09:27 AM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		"What are you on about old man?" @Deal to @VVS
Back to top		Report Abusive \| Report SPAM
User Profile

VituVingiSana		#31 Posted : Monday, February 13, 2012 2:36:19 PM
Rank: Chief Joined: 1/3/2007 Posts: 18,261 Location: Nairobi		Cde Monomotapa wrote: "What are you on about old man?" @Deal to @VVS While this Mzee is going to enjoy 50/- dividend in a few days... hobbles away with a loaded pocket Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
Back to top		Report Abusive \| Report SPAM
User Profile

Users browsing this topic
Guest

2 Pages<12

Wazua » Investor » Stocks » Williamson Q1 2011 results

Forum Jump

You cannot post new topics in this forum.
You cannot reply to topics in this forum.
You cannot delete your posts in this forum.
You cannot edit your posts in this forum.
You cannot create polls in this forum.
You cannot vote in polls in this forum.

Watch this topic
Email this topic
Print this topic
RSS Feed

Normal
Threaded