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Kakuzi FY18
Pesa Nane
#1 Posted : Friday, March 29, 2019 3:37:56 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#2 Posted : Friday, March 29, 2019 3:41:06 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Quote:
OVERVIEW:
The results for 2018 reflect a pre-tax profit of Shs 684 million compared to Shs 849 million in 2017. The lower profits are as a result of lower avocado prices achieved, due to a heavily over supplied market in Europe. Macadamia and forestry profits improved over the previous year as a result of increased production from our orchards and a rise in the demand for wood products. Earnings per share was Shs 24.57 in 2018 compared to Shs 30.19 in 2017.
Pesa Nane plans to be shilingi when he grows up.
Pesa Nane
#3 Posted : Friday, March 29, 2019 3:44:29 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Quote:
DIVIDEND:
The Directors recommend the payment of a first and final dividend for the financial year 2018 of Shs 9.00 per ordinary share (2017: Shs 7.00) subject to shareholders’ approval. The dividend shall be paid on or about 30 June 2019 to the shareholders on the members’ register at the close of business on Friday, 31 May 2019.

ANNUAL GENERAL MEETING:
The Annual General Meeting of the Company will be held on Tuesday 14 May 2019 at 12.00 Noon at Nairobi Serena Hotel.
Pesa Nane plans to be shilingi when he grows up.
Ebenyo
#4 Posted : Tuesday, April 16, 2019 7:14:45 AM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
Pesa Nane wrote:



This year will be tough for agricultural companies because of prolonged drought.
Towards the goal of financial freedom
Ericsson
#5 Posted : Tuesday, April 16, 2019 9:37:00 AM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Ebenyo wrote:
Pesa Nane wrote:



This year will be tough for agricultural companies because of prolonged drought.


And the economy as a whole
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
Ebenyo
#6 Posted : Tuesday, April 16, 2019 12:03:37 PM
Rank: Veteran


Joined: 4/4/2016
Posts: 1,997
Location: Kitale
Ericsson wrote:
Ebenyo wrote:
Pesa Nane wrote:



This year will be tough for agricultural companies because of prolonged drought.


And the economy as a whole

Sad
Towards the goal of financial freedom
sparkly
#7 Posted : Wednesday, June 26, 2019 6:40:20 PM
Rank: Elder


Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Kibunga sells KShs 80m Total to invest in Kakuzi

https://www.businessdail...0424-12x2svjz/index.html
Life is short. Live passionately.
Balaa
#8 Posted : Wednesday, June 26, 2019 7:23:09 PM
Rank: Member


Joined: 7/6/2018
Posts: 175
Location: Kinshasa
[quote=sparkly]Kibunga sells KShs 80m Total to invest in Kakuzi

https://www.businessdail...424-12x2svjz/index.html[/quote]
Meanwhile, the share price is creeping upwards Eaagads-style in turnovers of 100 shares (in a week?).
If it don't make dollars, it don't make sense
Kusadikika
#9 Posted : Monday, September 30, 2019 8:49:05 PM
Rank: Elder


Joined: 7/22/2008
Posts: 2,703
Ericsson
#10 Posted : Monday, September 30, 2019 9:34:59 PM
Rank: Elder


Joined: 12/4/2009
Posts: 10,684
Location: NAIROBI
Kusadikika wrote:
https://www.businessdailyafrica.com/markets/marketnews/Kakuzi-stock-hits-new-high-after-Kibunga-snap-up/3815534-5292180-6cc5tr/index.html

What does Kibunga see in Kakuzi?

Avocados export business
Wealth is built through a relatively simple equation
Wealth=Income + Investments - Lifestyle
murchr
#11 Posted : Monday, September 30, 2019 10:56:19 PM
Rank: Elder


Joined: 2/26/2012
Posts: 15,980
Kusadikika wrote:
https://www.businessdailyafrica.com/markets/marketnews/Kakuzi-stock-hits-new-high-after-Kibunga-snap-up/3815534-5292180-6cc5tr/index.html

What does Kibunga see in Kakuzi?


Guacamole is good money my friend. And the world has gone crazy from the flesh to the oil from Avocado. Research https://hassavocadoboard.com/
"There are only two emotions in the market, hope & fear. The problem is you hope when you should fear & fear when you should hope: - Jesse Livermore
.
chiaroscuro
#12 Posted : Tuesday, October 01, 2019 11:18:44 AM
Rank: Veteran


Joined: 2/2/2012
Posts: 1,134
Location: Nairobi
Kusadikika wrote:
https://www.businessdailyafrica.com/markets/marketnews/Kakuzi-stock-hits-new-high-after-Kibunga-snap-up/3815534-5292180-6cc5tr/index.html

What does Kibunga see in Kakuzi?



He grew up at the plantation as a farmhand....

He started a foundation to help other squarters in the Kakuzi neighbourhood get out of poverty. Through the foundation,he has bought 300k shares. Thus instead of making demands for land allocation like the Kandara people are doing at DelMonte, Kakuzi people are becoming shareholders of Kakuzi....

https://www.businessdail...0962-dk3j4qz/index.html
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