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Upcoming Agricultural AGMs
VituVingiSana
#1 Posted : Tuesday, July 13, 2010 11:02:23 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
@the deal - Even I protested at the lousy dividend from WTK. See my earlier posts! In the Williamson matter I fully support Aly Khan Satchu. I hope he makes a lot of noise at the AGM. I hope all Wazuans with WTK shares show up at the AGM.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
qw25041985
#2 Posted : Wednesday, July 14, 2010 1:13:20 AM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
In the agricultural sector the key to survival is to be cash rich - to always hav allot of cash in the reserves. And with unga beign in the agriculturals they know this first hand and the huge dividends some of yot ar expecting u'll b so so so disappointed.wtk,sasini retaind allot of cash which is quite evident in their divident payout.....just a word of caution.
Your future depends on your dreams so go to sleep !
youcan'tstopusnow
#3 Posted : Wednesday, July 14, 2010 1:39:55 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
qw, a bonus might also do
GOD BLESS YOUR LIFE
VituVingiSana
#4 Posted : Wednesday, July 14, 2010 10:16:34 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Unga is not an 'agricultural' firm but an industrial firm. It has no farms. Calling Unga an agrcultural firm is like calling EA Cables a mining firm coz it uses mostly copper + aluminium in making cables...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
youcan'tstopusnow
#5 Posted : Wednesday, July 14, 2010 10:20:45 AM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
The same goes for Mumias
GOD BLESS YOUR LIFE
qw25041985
#6 Posted : Wednesday, July 14, 2010 10:23:25 AM
Rank: User

Joined: 5/9/2010
Posts: 1,418
Location: Nai
I meant its an ' agricultural ' firm because its core business depends on agriculture thats growing of maize. I hope u get the connection between the two.
Your future depends on your dreams so go to sleep !
VituVingiSana
#7 Posted : Wednesday, July 14, 2010 10:28:35 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
Unga is not an 'agricultural' firm but an industrial firm. It has no farms. Calling Unga an agrcultural firm is like calling EA Cables a mining firm coz it uses mostly copper + aluminium in making cables...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#8 Posted : Wednesday, July 14, 2010 10:36:08 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,347
Location: Nairobi
qw25041985 wrote:
I meant its an ' agricultural ' firm because its core business depends on agriculture thats growing of maize. I hope u get the connection between the two.
Using this definition, many Kenyan firms are 'agricultural' since the business is heavily dependent on agriculture...

- CMC sells tractors, pickups to farmers for business use.
- NBK, KCB, Equity all lend significant amounts to farmers, mama mbogas, miraa transporters, horticulture exporters
- KQ is Kenya's largest carrier for 'food' to Europe & Middle East
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
kyt
#9 Posted : Wednesday, July 14, 2010 10:58:05 AM
Rank: Elder

Joined: 11/7/2007
Posts: 2,182
vvs-profound analysis. indeed well put
LOVE WHAT YOU DO, DO WHAT YOU LOVE.
cnn
#10 Posted : Wednesday, July 14, 2010 11:13:48 AM
Rank: Veteran

Joined: 6/17/2009
Posts: 1,627
CDSC have just sent me a short message of book closure for WTK on 10th August,for me a painful reminder of directors who might have done better.That AGM on 17 August at 2.30 pm is one i cant wait for,i need an explanation.
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