wazua Sun, Jan 12, 2025
Welcome Guest Search | Active Topics | Log In | Register

12 Pages123>»
Agriculture Stocks - Moto Moto
Options
Previous Topic · Next Topic
VituVingiSana
#1 Posted : Wednesday, February 24, 2010 12:20:29 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
On 24 Feb 2010...

Highest Gainers:

Rea Vipingo: VWAP = 15.25 (+9.32%) but closed with no sellers & 33,900 on bid at 15.30 (highest for the day)... 221,700 traded

Sasini: VWAP = 8.55 (+7.55%) but closed with no sellers & 665,500 on bid at 8.70 (highest for the day)... 1,370,000 traded

Kakuzi: VWAP = 39.75 (+7.43%) but closed with no sellers & 2,100 on bid at 37/-... 21,500 traded

Williamson: VWAP = 135 (+3.85%) but closed with no sellers & 7,100 on bid at 135/-... 44,600 traded

There is definitely something going on here...
VituVingiSana attached the following image(s):
j0150064rv.jpg (36kb) downloaded 1 time(s).
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM | Edit by moderator: Wednesday, March 31, 2010 1:42 PM | Reason: Not specified
kishindo
#2 Posted : Wednesday, February 24, 2010 2:43:03 PM
Rank: Member


Joined: 1/11/2008
Posts: 121
cant put a finger on it....looks like i'll be offloading sasini soooon!
this market is up to something..
Less is more....for Architects only!!
Back to top
 Report Abusive | Report SPAM
Gordon Gekko
#3 Posted : Wednesday, February 24, 2010 4:44:21 PM
Rank: Elder


Joined: 5/27/2008
Posts: 3,760
Hail Herr Merali!! Viva Sasini!! The ride is so blinding I can't keep by eyes open!!!
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#4 Posted : Thursday, February 25, 2010 2:48:24 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
Yeah... I was also surprised but tea prices have been rising...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
guru267
#5 Posted : Thursday, February 25, 2010 5:52:20 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
i think this rapid price increase is due to the unusual scenario where tea prices are risisng amidst rising supply... which spells one of those SUPER years for agricultural earnings
Mark 12:29
Deuteronomy 4:16
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#6 Posted : Thursday, February 25, 2010 6:01:37 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
But Rea Vipingo is 95% in sisal... not tea...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
guru267
#7 Posted : Thursday, February 25, 2010 6:17:33 AM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@VVS i was merely speculating in my previous post.. my knowledge about agricultural stocks is minimal at best because of my extreme hatred for them...
maybe investors are bullish about the agricultural sector returns this year and are trying to get in early to avoid being caught with their pants down Eh?
Mark 12:29
Deuteronomy 4:16
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#8 Posted : Thursday, February 25, 2010 12:25:32 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
@guru - Well... for tea firms I have to agree coz it seems that tea prices have & will remain at higher levels in 2010 vs 2008...
We already know 2009 prices were significantly better than 2008...
If 2010 prices match 2009... then tea firms will continue doing well... the risk is demand for higher wages & input costs...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
guru267
#9 Posted : Thursday, February 25, 2010 1:45:31 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
@VVS i was watching the market today and it doesnt look like this price increase in the agriculturals is sustainable...
i say this because we all know that price increases are supposed to be backed by large volumes traded to get a true picture and justification and that is not happening...

kakuzi traded only 4500
Rea vip traded 18100
Mark 12:29
Deuteronomy 4:16
Back to top
 Report Abusive | Report SPAM
B.Timer
#10 Posted : Thursday, February 25, 2010 3:21:48 PM
Rank: Veteran


Joined: 5/31/2008
Posts: 1,076
Eaagads is Agriculture, but they are absent in this bullish streak!
Dunia ni msongamano..
Back to top
 Report Abusive | Report SPAM
sparkly
#11 Posted : Thursday, February 25, 2010 3:38:26 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
guru267 wrote:
@VVS i was watching the market today and it doesnt look like this price increase in the agriculturals is sustainable...
i say this because we all know that price increases are supposed to be backed by large volumes traded to get a true picture and justification and that is not happening...

kakuzi traded only 4500
Rea vip traded 18100

@guru267 the agricultural are very illiquid, maybe with exception of sasini. 4500 shares for kakuzi is alot as the company trades 100 or 200 every 3 days.
Life is short. Live passionately.
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#12 Posted : Thursday, February 25, 2010 5:44:51 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
guru267 wrote:
@VVS i was watching the market today and it doesnt look like this price increase in the agriculturals is sustainable...
i say this because we all know that price increases are supposed to be backed by large volumes traded to get a true picture and justification and that is not happening...

kakuzi traded only 4500
Rea vip traded 18100

Well, true but there seems to be a shortage of sellers. Williamson had buyer no sellers... I think the sellers who would have sold are long gone...

BTW, 4,500 for Kakuzi is a lot of shares! Very closely held... the top 10 shareholders hardly change. And I am sure many of the smaller shareholders are based in the UK. Wazungu who lived in Kenya or had families in Kenya thus inherited the shares.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
QD
#13 Posted : Friday, February 26, 2010 8:52:59 AM
Rank: Member


Joined: 8/5/2009
Posts: 597
Also the auction of coffee vide the new entity is up so may be sasini can be explained.
The problem with the world is that the intelligent people are full of doubts while the stupid ones are full of confidence
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#14 Posted : Friday, February 26, 2010 9:24:13 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
Tea remains the primary cash crop for Sasini though coffee is a huge % too... almost 500mn in coffee revenues...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
ecstacy
#15 Posted : Friday, February 26, 2010 10:22:49 AM
Rank: Elder


Joined: 2/26/2008
Posts: 4,449
Sasini has DOUBLED its coffee processing capacity to 12,000 tonnes of coffee PER HOUR at a time of high coffee prices...also increasing its Savanna coffe houses to 7 from 5...led by the former why would anyone sell now?...
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#16 Posted : Friday, February 26, 2010 11:02:53 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
ecstacy wrote:
Sasini has DOUBLED its coffee processing capacity to 12,000 tonnes of coffee PER HOUR at a time of high coffee prices...also increasing its Savanna coffe houses to 7 from 5...led by the former why would anyone sell now?...

Stop lying to us... 12,000 tonnes/hour (as you claim) is enough capacity (even if only operated for 1,000 hours/year) to process ALL of Kenya's coffee production!

12,000 tonnes x 1,000 hours = 12,000,000 tonnes
[Kwani, Sasini plans to process Vietnamese coffee too?]

Kenya's total ANNUAL coffee production in 2009 was is 45,000-50,000 tonnes. Even if you add Uganda & Rwanda... it does not exceed 200,000 tonnes.

Add Ethiopia, Tanzania & you are still not at 500,000 tonnes...

So if your claim is correct then SELL sasini coz the massive investment in a 12,000 tonne/hour mill will be a WHITE ELEPHANT...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Back to top
 Report Abusive | Report SPAM
sheep
#17 Posted : Friday, February 26, 2010 11:18:28 AM
Rank: Veteran


Joined: 7/24/2008
Posts: 781
yenyewe hapo ecstasy umeshikwo! The fluctuations of agriculturals make them a no no unless you really understand the dynamics.....financials will be the the land of ten baggers six or so years to come.
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
Back to top
 Report Abusive | Report SPAM
ecstacy
#18 Posted : Friday, February 26, 2010 12:06:53 PM
Rank: Elder


Joined: 2/26/2008
Posts: 4,449
Calm yourself. Material ref: Daily Nation Friday Feb 26, 2010 Page 28.
Back to top
 Report Abusive | Report SPAM
VituVingiSana
#19 Posted : Friday, February 26, 2010 12:24:43 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,121
Location: Nairobi
ecstacy wrote:
Calm yourself. Material ref: Daily Nation Friday Feb 26, 2010 Page 28.

Lakini... bwana... seriously...

I mean if that is your excuse... ati... Daily Nation...

The only reason I gave you numbers is to show the absurdity of it... "led by the former why would anyone sell now?" was your opinion ama you want to lay that on the door of Daily Nation too?

Akili ni bure, kutumia ni kazi...
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: Friday, February 26, 2010 12:33 PM | Reason: Not specified
ecstacy
#20 Posted : Friday, February 26, 2010 12:32:34 PM
Rank: Elder


Joined: 2/26/2008
Posts: 4,449
@VVS, get the bigger picture... If Sasini has doubled its processing capacity (to whatever figure) at a time of high coffee prices, that is a great thing whichever way you try and discredit it. lol
Back to top
 Report Abusive | Report SPAM
Users browsing this topic
Guest (14)
12 Pages123>»
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.

Wazua Investor Theme
Powered by YAF | YAF © 2003-2009, Yet Another Forum.NET
Copyright © 2025 Wazua.co.ke. All Rights Reserved.