QD-this is something that Aly Khan does regularly i.e. ramping shares that he has an interest in.
As a minimum, I think he should always declare his shareholding interest. Once I realised he holds shares in all 3 agriculture stocks and Safcon, but rarely mentions it, I've distrusted anything he says

I think we have not heard the last of this saga.

I think that at some point in the future, Eaagads will indeed convert their land to some alternative use other than growing coffee and timber. The question is when. So perhaps it is worth buying when the excitement dies down for those who are able to hold. I do not expect Renaissance to be satisfied with the measly returns that Coffee farming brings in.

I am now actually considering augmenting my stake.

Before I do so, I am trying to establish how much land does Eaagads actually own. I misplaced my annual report from the Co. although, I do not think that information was given. I have seen two conflicting reports in recent press reports. 1 has 487 acres while today's Biz Daily has it at 385.8 Hectares. Does anyone have the exact acreage?

Though not aculprit on Eaagards, but i feel cheated by the NSE as it seems much of insider informations is riding the trades while CMA aka Stella are toothles.

nothing is impossible with this counter. this share once traded at 75.00 a share on April fools day.

[quote=Wa_ithaka]guru267-we've spoken about commenting about things you know little about.
Just a couple of links to prove that in other markets, a company must disconfirm/confirm rumours that drive its shareprice

http://news.bbc.co.uk/1/hi/business/7087451.stm
http://www.onwallstreet....branches-2667279-1.html[/quote]

@Wa_ithaka please don't argue with me...

From the links you have given NOWHERE does it say that is A REQUIREMENT for a company to comment on rumors... The only reason they may choose to do it is because of ethical reasons.

The key word is REQUIREMENT my broda

I had indicated that I have some Eaagads that I bought quite a while ago, and YES I have not sold them. They are not too many, so the share price drop is not bothering me unduly. I did not buy in the most recent frenzy, so I can assure you that I did NOT fall for it. If you can come up with a post that says otherwise, please feel free to post it.

In any event I was rather busy with KQ (where I have a substantial stake) to give too much thought to Eaagads.

I do see a buying opportunity into Eaagads, because after all they do have a valuable asset which is land. I am certain that Renaisance did not buy in for the Coffee. Now, let's see how low the price goes. If it falls hard enough, I will be a buyer. I can be quite patient when I need to be.

I only know what the public knows...but if you keenly go through the posts here you might get the answer for what you are look for...

@the deal, cannibalised by who? How? Stop sending pple on a wild goose chase n hit the nail on the head. Preposterous utterances will take a heavy toll on ua credibility.

Woow some of you guys are to serious...LOL..Whats Cannibalism? act of eating one self or alike speceis...google Brett Kebble....read his story...my credibility? i do what i say..

So I guess we should expect another 9.something fall tomorrow.....