When it comes to Merali companies, be very careful when investing there. Merali cannot be trusted in business dealings. Don't be surprised if sooner or later, you hear that Sasini took a loan of 15billion using the land as security. The money was pocketed by one muhindi and he is now hidding in london.

Big question, if Sasini has converted the land from farming to real estate status, did management consult shareholders before embarking on the same? If not, be very very afraid.

First let me declare my interest i bought into sasini as a speculative buy because of the high coffee prices and the favourable exchange rate, i must confess in this bear market it has provided solace for my portfolio. That said I think the price quoted is exaggerated and of course the MD says they will need shareholder approval to change business line. I'm expecting a dividend yield of 10% so can't say it's a bad buy. Please buy if you understand how to value biological assets

aly khan Sanchu isnt a fool when he's hyping sasini and kakuzi. now i believe him ..lol

Sasini is sitting on 20 billion worth of land wft !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

No wonder this thing has refused to tank below 10/-

@youcant - now I understand the erratic choppiness of this thing.

Merali is placed in all those companies by the elites to rob the shareholders of value! He's been there since the Moi error!
So buyer be warned. Whereas there could be money to be made here, many naive "investors" will be left holding the tail!