When all is said and done... Eaagards might not have a stake in Tatu "now"..but do not be duped by the roll of waguthu holdings in both fortunes financially of Eaagards as well as Tatu

..money changed hands..alot of money..that MUst reflect in end year books of Eaagards..either from sale of Socfinaf,or settling waguthu's stake in eaagards...

whatever it is... current High "p/e" is historical..using eps ya kitambo...n no one is certain of final end year 2010 earnings quotes.. whatever it will be..plus asset revaluation...those valuations..p/e , intrinsic value etc.. MUST be real up!

Thanks to EAAGADs for the ride in the fantasey market. Now we are back to the real world itakuwaje?

p.s ..it is still an Agric stock and thus like all the rest of them..it has been historically valued..which means even after you factor out the "Tatu" deal, current pricing is based on under valued assets..(last year's valuation.)

what eps are you using?..fundamentals also bein used to value most agric counters are being revalued..especially concerning land to stop reflecting value at cost..which current Eaagards land assets are based on..come end of their current year..this valuations will..must change..as is with Kakuzi,kapchorua,williamson..etc etc etc..

http://www.businessdaily.../-/6rv10qz/-/index.html

"Renaissance is the largest shareholder in Eaagads, a stake it acquired in March this year after it bought out the majority shareholder Socfinaf in a complex transaction that involved a locally incorporated firm Waguthu Holdings and a Mauritius-registered company, the Manhattan Coffee Investment Holdings.
Tatu City directors say they intend to continue doing the coffee growing business and have formed a local company, Kofinaf, for purposes of running the agricultural plantations. This means that Kofinaf, the current owner of all the agricultural assets that Waguthu Holdings acquired from Socfinaf, is the largest shareholder in Eaagads.

My bad..