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Williamson Tea & Kapchorua
Pesa Nane
#21 Posted : Friday, March 29, 2019 11:48:40 AM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Mastermind wrote:

They have also issued theirs as expected.


Pesa Nane plans to be shilingi when he grows up.
tandich
#22 Posted : Sunday, March 31, 2019 4:57:42 PM
Rank: Member


Joined: 5/6/2008
Posts: 158
VituVingiSana
#23 Posted : Friday, June 14, 2019 4:07:24 PM
Rank: Chief


Joined: 1/3/2007
Posts: 16,446
Location: Nairobi
FY 2018-19 profits are going to be awful.
FY 2019-20 1H looks bad.

Low tea prices. Drought conditions last year. Excess - flooding/heavy vs good, steady, even rains - rains in some parts. Politics.

Though, given the cyclical nature of this industry, I am staying out for now.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
FUNKY
#24 Posted : Friday, June 14, 2019 4:28:33 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,516
Williamson tea might pull a surprise by declaring juicy dividend given their huge cash at bank
VituVingiSana
#25 Posted : Friday, June 14, 2019 6:02:40 PM
Rank: Chief


Joined: 1/3/2007
Posts: 16,446
Location: Nairobi
FUNKY wrote:
Williamson tea might pull a surprise by declaring juicy dividend given their huge cash at bank
The most one can reasonably expect is the same as FY 2018. Both WTK and KTC have cash in the bank.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Superprime1
#26 Posted : Monday, June 17, 2019 11:09:18 PM
Rank: Member


Joined: 5/2/2018
Posts: 228
VituVingiSana wrote:
FUNKY wrote:
Williamson tea might pull a surprise by declaring juicy dividend given their huge cash at bank
The most one can reasonably expect is the same as FY 2018. Both WTK and KTC have cash in the bank.

Even that is being a bit too optimistic; a 50% cut in dividend might perhaps suffice. Realistic in this scenario. Yet, this would still be a good yield. My thoughts.
VituVingiSana
#27 Posted : Friday, June 21, 2019 11:28:39 AM
Rank: Chief


Joined: 1/3/2007
Posts: 16,446
Location: Nairobi
The profits for 2018-19 might be the lowest seen in years!
And 2019-20 is looking very weak for tea. Low, low prices at auction.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
VituVingiSana
#28 Posted : Friday, June 28, 2019 4:24:50 PM
Rank: Chief


Joined: 1/3/2007
Posts: 16,446
Location: Nairobi
Superprime1 wrote:
VituVingiSana wrote:
FUNKY wrote:
Williamson tea might pull a surprise by declaring juicy dividend given their huge cash at bank
The most one can reasonably expect is the same as FY 2018. Both WTK and KTC have cash in the bank.

Even that is being a bit too optimistic; a 50% cut in dividend might perhaps suffice. Realistic in this scenario. Yet, this would still be a good yield. My thoughts.

WTK FY 2019 Div 20/-
KTC FY 2019 Div 10/- Drool Applause Drool Applause
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Superprime1
#29 Posted : Friday, June 28, 2019 6:40:26 PM
Rank: Member


Joined: 5/2/2018
Posts: 228
VituVingiSana wrote:
Superprime1 wrote:
VituVingiSana wrote:
FUNKY wrote:
Williamson tea might pull a surprise by declaring juicy dividend given their huge cash at bank
The most one can reasonably expect is the same as FY 2018. Both WTK and KTC have cash in the bank.

Even that is being a bit too optimistic; a 50% cut in dividend might perhaps suffice. Realistic in this scenario. Yet, this would still be a good yield. My thoughts.

WTK FY 2019 Div 20/-
KTC FY 2019 Div 10/- Drool Applause Drool Applause

Absolutely awesome, sweet dividend! By all means I didn't anticipate considering the performance outlook, but as they said, "persistent demand for higher dividend during times of good performance" made them decide to maintain last year's payout from retained earnings.

Good stuff from these ever-pessimistic people!Applause Applause Applause
sparkly
#30 Posted : Saturday, June 29, 2019 8:49:31 AM
Rank: Elder


Joined: 9/23/2009
Posts: 7,292
Location: Enk are Nyirobi
Superprime1 wrote:
VituVingiSana wrote:
Superprime1 wrote:
VituVingiSana wrote:
FUNKY wrote:
Williamson tea might pull a surprise by declaring juicy dividend given their huge cash at bank
The most one can reasonably expect is the same as FY 2018. Both WTK and KTC have cash in the bank.

Even that is being a bit too optimistic; a 50% cut in dividend might perhaps suffice. Realistic in this scenario. Yet, this would still be a good yield. My thoughts.

WTK FY 2019 Div 20/-
KTC FY 2019 Div 10/- Drool Applause Drool Applause

Absolutely awesome, sweet dividend! By all means I didn't anticipate considering the performance outlook, but as they said, "persistent demand for higher dividend during times of good performance" made them decide to maintain last year's payout from retained earnings.

Good stuff from these ever-pessimistic people!Applause Applause Applause


Absolutely fantastic.
Life is short. Live passionately.
VituVingiSana
#31 Posted : Saturday, June 29, 2019 10:25:02 AM
Rank: Chief


Joined: 1/3/2007
Posts: 16,446
Location: Nairobi
Superprime1 wrote:
VituVingiSana wrote:
Superprime1 wrote:
VituVingiSana wrote:
FUNKY wrote:
Williamson tea might pull a surprise by declaring juicy dividend given their huge cash at bank
The most one can reasonably expect is the same as FY 2018. Both WTK and KTC have cash in the bank.

Even that is being a bit too optimistic; a 50% cut in dividend might perhaps suffice. Realistic in this scenario. Yet, this would still be a good yield. My thoughts.

WTK FY 2019 Div 20/-
KTC FY 2019 Div 10/- Drool Applause Drool Applause

Absolutely awesome, sweet dividend! By all means I didn't anticipate considering the performance outlook, but as they said, "persistent demand for higher dividend during times of good performance" made them decide to maintain last year's payout from retained earnings.

Good stuff from these ever-pessimistic people!Applause Applause Applause

Laughing out loudly They are always crying and making shareholders cry with joy too! Laughing out loudly
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
FUNKY
#32 Posted : Wednesday, July 10, 2019 10:16:57 PM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,516
Ericsson
#33 Posted : Wednesday, July 10, 2019 11:37:44 PM
Rank: Elder


Joined: 12/4/2009
Posts: 7,439
Location: NAIROBI
..
Fyatu
#34 Posted : Thursday, July 11, 2019 7:59:26 AM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,606
Location: Nakuru
when is Kapchorua paying dividends?
Dumb money becomes dumb only when it listens to smart money
Pesa Nane
#35 Posted : Thursday, July 11, 2019 10:40:22 PM
Rank: Elder


Joined: 5/25/2012
Posts: 4,105
Location: 08c
Fyatu wrote:
when is Kapchorua paying dividends?


Bado! Book closure is 31 July 2019
Pesa Nane plans to be shilingi when he grows up.
Fyatu
#36 Posted : Thursday, July 11, 2019 11:02:12 PM
Rank: Veteran


Joined: 1/20/2011
Posts: 1,606
Location: Nakuru
Pesa Nane wrote:
Fyatu wrote:
when is Kapchorua paying dividends?


Bado! Book closure is 31 July 2019


Shukran
Dumb money becomes dumb only when it listens to smart money
Superprime1
#37 Posted : Wednesday, July 17, 2019 3:15:07 PM
Rank: Member


Joined: 5/2/2018
Posts: 228
Kapchorua now trading at a premium over the sibling (or is it parent?) WTK.

Those chasing dividend would be better of buying WTK, a sligtly higher yield. But then again, this is the market.
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