stocksmaster wrote:VituVingiSana wrote: This is worrisome. Perhaps what Williamson needs to do is start sub-dividing the farms & cashing out pole pole. Distribute the cash to the shareholders.
It maybe late for cashing in......they want the land for free. The tea companies in the rift may have to release some of their tea estates to locals for sub division as a pre-condition for lease renewals . This is a very worrisome trend and smells of the Zim scenario in all but name.
Happy hunting.
The ambiguities in the new constitution - sad when one considers the billions spent on salaries, perks, food, accommodation & per diems -will mean court cases for years BUT the invasions will happen & accepted by the courts eventually. The question is... Will the farm owners be compensated at market rates?
What's the status of the Orbit Chemicals land in/near Embakasi - that was taken over by squatters - which was valued at 110mn per acre?
Freehold Land - When it reverts to Leasehold Land, when do the leases start? In 2010 or are they backdated? And how long are the leases? 25 years or 99 years?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett