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Williamson's Tea Kenya: EPS Ksh 96.42
VituVingiSana
#21 Posted : Sunday, June 27, 2010 5:55:44 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
the deal wrote:
I would like to caution Agric wannabe investors to be cautious with what they buy...this counters are Fickle...


Any counter can be fickle... Look at KQ...

Rapid rise to 135/- (2007) then fell to 20/- (2009) then up to 65/- (2010) & now 48/- (June 2010)...

Or Kenol... Or Equity...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
qw25041985
#22 Posted : Sunday, June 27, 2010 10:14:30 AM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
Sasini just gav a dividend of 20 cents per share.for its final dividend of the year. And yet recently reportd a three digit growth. How can that be . USELESS company........
Your future depends on your dreams so go to sleep !
the deal
#23 Posted : Sunday, June 27, 2010 11:42:09 AM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
qw25041985 wrote:
Sasini just gav a dividend of 20 cents per share.for its final dividend of the year. And yet recently reportd a three digit growth. How can that be . USELESS company........

The low dividends means their preserving cash for future use,the Agribusiness is tricky there are low factors that can go againist them i.e a sudden strong shilling,weather...oversupply on the international market...
jerry
#24 Posted : Sunday, June 27, 2010 11:12:52 PM
Rank: Elder


Joined: 9/29/2006
Posts: 2,570
, KQ fell to a low of 16 and not 20. I ought to have bought some then.
The opposite of courage is not cowardice, it's conformity.
Surealligator
#25 Posted : Monday, June 28, 2010 11:04:45 AM
Rank: User


Joined: 6/27/2008
Posts: 709
Location: Velayat-e Faryab
VituVingiSana wrote:
Surealligator wrote:
Good performance. Am now waiting for Limuru Tea. I at least have 3000 of LT.

I bow down to you! At least 3,000 Limuru Tea!!!

My calculator cant take all the zeros! What did u get in at?


@ Vituzs

Bought at 142 (Factor in the 1:1 bonus)

By the way, what is this am seeing on some Wazua links. Is someone trying to Blizzard me or Wazua's website is under attack?

www.blizzard and grenade-store.com/apb key,buy all points bull... [1]

Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own
cnn
#26 Posted : Monday, June 28, 2010 1:12:06 PM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,619
@vvs,thanks,i meant 50%,the annoying dividend got the better of my typing.
VituVingiSana
#27 Posted : Monday, June 28, 2010 2:16:20 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Aly-Kahn Satchu is pissed... LOL...

http://www.youtube.com/w...p;feature=youtu.be&a
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
guru267
#28 Posted : Monday, June 28, 2010 6:02:05 PM
Rank: Elder


Joined: 1/21/2010
Posts: 6,675
Location: Nairobi
VituVingiSana wrote:
cnn wrote:
Kapchorua with EPS from operations of 32 half that of WTK,will pay 6.25 per share as dividend,same as WTK.These companies share a board of directors and i wish to know why WTK shareholders have been short changed on this one.


Everyone has been short-changed on this one...


the company has an extremely poor outlook for the year ahead and they are probably keeping this cash to deal with these head winds.... but i keep warning investors to keep away from tea firms because you can never get the dividend yield you require
Mark 12:29
Deuteronomy 4:16
cnn
#29 Posted : Monday, June 28, 2010 6:13:55 PM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,619
@guru,i dont buy that poor outlook they are selling.On the dividend they could have done much better.
VituVingiSana
#30 Posted : Monday, June 28, 2010 8:29:00 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
cnn wrote:
@guru,i dont buy that poor outlook they are selling.On the dividend they could have done much better.


I am working on something regarding this matter... How can I get in touch?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
the deal
#31 Posted : Monday, June 28, 2010 9:04:15 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
BOOM BOOM and then a BLAST...when the BLAST comes ulcers will take u away...LoL...
the deal
#32 Posted : Monday, June 28, 2010 10:14:54 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
WTK looks damn cheap on PE basis...can the boom continue? Owning 100 shares wont hurt...LoL.
qw25041985
#33 Posted : Tuesday, June 29, 2010 1:01:45 AM
Rank: User


Joined: 5/9/2010
Posts: 1,418
Location: Nai
There's a rule in stock market investment that says : NEVER trade a stock that trades very low volumes. Still our savvy investors @ wazua dnt want to listen. smile smile . Let the centum ride continue...... As for mumias sugar. Deadline for results is approaching. And i expect a good rally - a really gud one - some weeks after that. The earlier the better.
Your future depends on your dreams so go to sleep !
cnn
#34 Posted : Tuesday, June 29, 2010 12:43:20 PM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,619
@vvs, logcnn@gmail
@the deal,tea and other softs will continue doing well.When the unpredictable weather patterns which are part of global warming strike we have low production and high prices.When rains are good like the current year ,slightly lower prices are compensated by good volumes.Looking at the mombasa tea auction weekly reports so far ,i expect tea companies to do well again,Kakuzi will report half year in two months which i am sure will reflect this trend.But the dividend payout..horrible.They should bring forward that WTK AGM,i cant wait.
VituVingiSana
#35 Posted : Tuesday, June 29, 2010 5:16:49 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
cnn wrote:
@vvs, logcnn@gmail
@the deal,tea and other softs will continue doing well.When the unpredictable weather patterns which are part of global warming strike we have low production and high prices.When rains are good like the current year ,slightly lower prices are compensated by good volumes.Looking at the mombasa tea auction weekly reports so far ,i expect tea companies to do well again,Kakuzi will report half year in two months which i am sure will reflect this trend.But the dividend payout..horrible.They should bring forward that WTK AGM,i cant wait.


I will be in touch. Leave the AGM when it is... Folks are upset lakini Kenyans!!!

They are huff & puff in private then simper in public! I hope you are all ready for a fight!

BTW, 5/9 directors belong to the british country club!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Wa_ithaka
#36 Posted : Tuesday, June 29, 2010 5:29:52 PM
Rank: Veteran


Joined: 1/7/2010
Posts: 1,279
Location: nbi
Looks like it was good to get out WTK (same strategy almost every yr) on results announcement day...
The Governor of Nyeri - 2017
VituVingiSana
#37 Posted : Wednesday, June 30, 2010 2:32:15 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Wa_ithaka wrote:
Looks like it was good to get out WTK (same strategy almost every yr) on results announcement day...


LOL... U did well... I stayed on... I cant believe the LOUSY dividend!!!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Wa_ithaka
#38 Posted : Wednesday, June 30, 2010 11:38:29 AM
Rank: Veteran


Joined: 1/7/2010
Posts: 1,279
Location: nbi
I am shocked by the cry for a higher dividend from WTK. As an investor, i always treat dividends in one of three ways, as a small token of thank you for holding onto a share for some period of time or as wasted capital that could be reinvested to increase my capital gains or as an opportunity to speculate especially on shares that are known for their high dividend yield.

If one was seriously investing in WTK because of its dividend (why not the less volatile Total instead?) I can understand the noise but otherwise please give this "haki yetu, dividend yetu" maneno a rest
The Governor of Nyeri - 2017
VituVingiSana
#39 Posted : Wednesday, June 30, 2010 11:51:38 AM
Rank: Chief


Joined: 1/3/2007
Posts: 18,103
Location: Nairobi
Wa_ithaka wrote:
I am shocked by the cry for a higher dividend from WTK. As an investor, i always treat dividends in one of three ways, as a small token of thank you for holding onto a share for some period of time or as wasted capital that could be reinvested to increase my capital gains or as an opportunity to speculate especially on shares that are known for their high dividend yield.

If one was seriously investing in WTK because of its dividend (why not the less volatile Total instead?) I can understand the noise but otherwise please give this "haki yetu, dividend yetu" maneno a rest


In this case I DISAGREE...

1) The 'usual' dividend payout has been low but ranged from 25-50% (of EPS). Even at 25%, this should be 24/-

2) The EPS is an outlier. The dividend is not. The EPS of 96/- (less biological gains + associated firms) is still very good 60/- or so. So 25% = 15/-

3) The cashflow is wonderful & expected to rise or remain steady (well, at least in 1Q 2010-11) thus WTK can afford a larger dividend.

4) According to Warren Buffet, if the firm can't generate better returns than shareholders (well, I use 12% as my benchmark) then distribute the cash. Over the years the ROE of WTK has lagged 12% or even inflation!

5) If there was a stated project that needs cash e.g. acquisition, expansion of existing plantations, new plantings, etc... I wud be OK. Nothing like that has been mentioned.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Wa_ithaka
#40 Posted : Wednesday, June 30, 2010 1:07:01 PM
Rank: Veteran


Joined: 1/7/2010
Posts: 1,279
Location: nbi
vvs- so why not pursuade WTK to buy up more tea farms as an example?
The Governor of Nyeri - 2017
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