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Recent SASINI Plc Bullishness
young
#1 Posted : Wednesday, February 11, 2026 1:22:17 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,073
Location: Lagos, Nigeria
Please what is the news behind it?
Huge demand and thin/no supply ......
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cnn
#2 Posted : Wednesday, February 11, 2026 5:45:21 PM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,624
young wrote:
Please what is the news behind it?
Huge demand and thin/no supply ......

Plans to sell their Kiambu coffee estate @ Ksh 7.9B
ngapat
#3 Posted : Wednesday, February 11, 2026 8:41:47 PM
Rank: Veteran


Joined: 12/11/2006
Posts: 921
Sasini PLC has an active plan (and agreement) to dispose of some land assets, specifically as part of its ongoing strategy to rationalize its portfolio, exit underperforming or non-core segments, and unlock value from land holdings. This aligns with historical disposals of non-core properties over the years.
The most recent and significant example is detailed in the company's FY2025 Annual Report (for the year ended September 30, 2025, released in early 2026):
On September 17, 2025, Sasini agreed to sell the Gulmarg Division within Mweiga Estates Limited (a coffee estate primarily in the Kiambu County area, often associated with Mweiga/Nyeri border regions).
Sale price: KSh 7.9 billion.
Carrying value of the assets: Approximately KSh 3.7 billion (dominated by freehold land and developments at ~KSh 3.68 billion), implying a substantial capital gain (~109% premium).
The unit has been reclassified as "held for sale" in the financial statements, with its operations treated as discontinued (it generated ~KSh 0.86 billion in revenue and a modest profit of ~KSh 10.6–11 million in FY2025, a turnaround from prior losses).
As of the report date, no payment had been received, and there are no related liabilities, meaning proceeds will largely boost liquidity for potential reinvestment, debt management, or shareholder benefits.
This transaction exceeds Sasini's market capitalization at the time (~KSh 4.6 billion), highlighting how the company's land assets trade at a deep discount on the NSE
“Invest in yourself. Your career is the engine of your wealth.”
young
#4 Posted : Wednesday, February 11, 2026 9:43:26 PM
Rank: Elder


Joined: 6/20/2007
Posts: 2,073
Location: Lagos, Nigeria
ngapat wrote:
Sasini PLC has an active plan (and agreement) to dispose of some land assets, specifically as part of its ongoing strategy to rationalize its portfolio, exit underperforming or non-core segments, and unlock value from land holdings. This aligns with historical disposals of non-core properties over the years.
The most recent and significant example is detailed in the company's FY2025 Annual Report (for the year ended September 30, 2025, released in early 2026):
On September 17, 2025, Sasini agreed to sell the Gulmarg Division within Mweiga Estates Limited (a coffee estate primarily in the Kiambu County area, often associated with Mweiga/Nyeri border regions).
Sale price: KSh 7.9 billion.
Carrying value of the assets: Approximately KSh 3.7 billion (dominated by freehold land and developments at ~KSh 3.68 billion), implying a substantial capital gain (~109% premium).
The unit has been reclassified as "held for sale" in the financial statements, with its operations treated as discontinued (it generated ~KSh 0.86 billion in revenue and a modest profit of ~KSh 10.6–11 million in FY2025, a turnaround from prior losses).
As of the report date, no payment had been received, and there are no related liabilities, meaning proceeds will largely boost liquidity for potential reinvestment, debt management, or shareholder benefits.
This transaction exceeds Sasini's market capitalization at the time (~KSh 4.6 billion), highlighting how the company's land assets trade at a deep discount on the NSE



It's clear thanks @cnn and @ngapat

This implies investors are positioning for
special dividend.
The wazua spirit as members is to educate and inform and learn from others within the limit of what we know in any chosen area irrespective of our differences in tribes, nationalities, etc. .
ngapat
#5 Posted : Thursday, February 12, 2026 7:58:53 AM
Rank: Veteran


Joined: 12/11/2006
Posts: 921
“Invest in yourself. Your career is the engine of your wealth.”
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