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AGRICULTURAL STOCKS LOOKING GREENER
Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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mwekez@ji wrote:Sufficiently Philanga....thropic wrote:Sweet tea set to find its way to our living rooms as we head towards year end!  How many people in Kenya take Williamson Tea  Very few, reason being these chaps have refused to split the stock hence making it a very illiquid(tasteless) counter! @SufficientlyP
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Sufficiently Philanga....thropic wrote:mwekez@ji wrote:Sufficiently Philanga....thropic wrote:Sweet tea set to find its way to our living rooms as we head towards year end! How many people in Kenya take Williamson Tea Very few, reason being these chaps have refused to split the stock hence making it a very illiquid(tasteless) counter!
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Rank: Elder Joined: 2/26/2008 Posts: 4,449
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Sufficiently Philanga....thropic wrote:mwekez@ji wrote:Sufficiently Philanga....thropic wrote:Sweet tea set to find its way to our living rooms as we head towards year end! How many people in Kenya take Williamson Tea Very few, reason being these chaps have refused to split the stock hence making it a very illiquid(tasteless) counter!
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Rank: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi
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The total market for tea in Kenya is very small. I think we consume 10% of the total production. Plus the quality sold in the Kenyan market is relatively 'poor' i.e. the priciest (quality) Tea is exported. Kenyans like mitumba & china stuff... & the same goes for tea! Since all our immediate neighbors are tea producers, the only markets are in UK, Middle East, etc... Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Member Joined: 9/26/2006 Posts: 410 Location: CENTRAL PROVINCE
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VituVingiSana wrote:The total market for tea in Kenya is very small. I think we consume 10% of the total production. Plus the quality sold in the Kenyan market is relatively 'poor' i.e. the priciest (quality) Tea is exported.
Kenyans like mitumba & china stuff... & the same goes for tea!
Since all our immediate neighbors are tea producers, the only markets are in UK, Middle East, etc... Also, for those who would want Williamson Tea, their website gives you a mechanism for online purchase..........should be a change from the usual Ketepa Tea. Happy Hunting
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Rank: Elder Joined: 9/25/2009 Posts: 4,534 Location: Windhoek/Nairobbery
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New Blogpost: Agriculturals are Sitting on Cash Should you be Happy? Link: http://www.contrarianinv...should-you-be-happy.html
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Rank: Member Joined: 9/26/2006 Posts: 410 Location: CENTRAL PROVINCE
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Williamson Tea has started the march northwards as results are expected within the next few weeks.
I anticipate a price of Ksh 300 before end of year results are announced.
Happy Hunting.......
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Williamson tea announced on 20th june over the last 2 yrs 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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WTK going according to the script. up to 260 today. This is good so that when results are announced to shoots up by the div amount, cant wait. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 9/26/2006 Posts: 410 Location: CENTRAL PROVINCE
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Aguytrying wrote:WTK going according to the script. up to 260 today. This is good so that when results are announced to shoots up by the div amount, cant wait. Ksh 300 will print prior to results next month......after announcing a > Ksh 140 EPS....Ksh 400 will be a P/E of less than 3!! Thus post results, any price below Ksh 400 will just be egregious...... Happy Hunting.....
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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stocksmaster wrote:Aguytrying wrote:WTK going according to the script. up to 260 today. This is good so that when results are announced to shoots up by the div amount, cant wait. Ksh 300 will print prior to results next month......after announcing a > Ksh 140 EPS....Ksh 400 will be a P/E of less than 3!! Thus post results, any price below Ksh 400 will just be egregious...... Happy Hunting..... @Stocksmaster good play. Am not in so i will sit on the sidelines on this one. As a matter of policy i don't chase buses. Life is short. Live passionately.
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Rank: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi
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sparkly wrote:stocksmaster wrote:Aguytrying wrote:WTK going according to the script. up to 260 today. This is good so that when results are announced to shoots up by the div amount, cant wait. Ksh 300 will print prior to results next month......after announcing a > Ksh 140 EPS....Ksh 400 will be a P/E of less than 3!! Thus post results, any price below Ksh 400 will just be egregious...... Happy Hunting..... @Stocksmaster good play. Am not in so i will sit on the sidelines on this one. As a matter of policy i don't chase buses. Good coz @stocksmaster & I do not need the competition  Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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Funny story: WTK bids today were best bid: 500 at 250 best ask 1,200 at 265. So A higher bidder came in at 260 for 2,200 shares. punchline. The best ask guy(which is the only supply) moved to 286. love these mind games. 286 is the 10% intra day ceilling. The investor's chief problem - and even his worst enemy - is likely to be himself
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Rank: Member Joined: 9/26/2006 Posts: 410 Location: CENTRAL PROVINCE
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Aguytrying wrote:Funny story:
WTK bids today were best bid: 500 at 250 best ask 1,200 at 265.
So A higher bidder came in at 260 for 2,200 shares.
punchline. The best ask guy(which is the only supply) moved to 286. love these mind games.
286 is the 10% intra day ceilling. As the only WTK supply in the market, that one seller will dictate the price....... Happy Hunting
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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VituVingiSana wrote:sparkly wrote:stocksmaster wrote:Aguytrying wrote:WTK going according to the script. up to 260 today. This is good so that when results are announced to shoots up by the div amount, cant wait. Ksh 300 will print prior to results next month......after announcing a > Ksh 140 EPS....Ksh 400 will be a P/E of less than 3!! Thus post results, any price below Ksh 400 will just be egregious...... Happy Hunting..... @Stocksmaster good play. Am not in so i will sit on the sidelines on this one. As a matter of policy i don't chase buses. Good coz @stocksmaster & I do not need the competition All yours. Life is short. Live passionately.
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Rank: Member Joined: 4/14/2011 Posts: 639
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Aguytrying wrote:Williamson tea announced on 20th june over the last 2 yrs at 271 now looking foward to the results
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Rank: Member Joined: 9/26/2006 Posts: 410 Location: CENTRAL PROVINCE
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Hunderwear wrote:Aguytrying wrote:Williamson tea announced on 20th june over the last 2 yrs at 271 now looking foward to the results Expecting the share to touch at least Ksh 300 in the next one month.............. Thats a 10% gain in a month. Happy Hunting.
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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@ Stockmaster - what are your views regarding Kapchorua Tea?
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Rank: Elder Joined: 7/11/2010 Posts: 5,040
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It is excatly 2 weeks to WTK's reporting date, time is not moving fast enough. The investor's chief problem - and even his worst enemy - is likely to be himself
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