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Williamson to pay 50/= interim

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guru267		#41 Posted : Friday, February 10, 2012 6:26:59 AM
Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi		QW25091985 wrote: Yes . wtk holders will laugh now but cry louder latter when the company has cash problems !!!! for me this is a very very VERY big red flag with the mangement ! Again your mouth working on its own.. CASH BALANCE of WTK as at 30th sept 2011 was 860 million shillings... If you add the proceeds from williamson house the number becomes 1.4 billion shillings in CASH.. Thats crazy for a tea company.. Revenue reserves/retained earnings as at the same date were equal to 4.7 billion shillings... If you really think WTK is wrong to pay a special dividend to shareholders then Please post the cash positions of your favourite companies on the NSE so that we may compare notes.. Mark 12:29 Deuteronomy 4:16
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mlennyma		#42 Posted : Friday, February 10, 2012 8:30:02 AM
Rank: Elder Joined: 7/21/2010 Posts: 6,194 Location: nairobi		Am warning any greedy hyena to stay away from wtk,you might break your back. "Don't let the fear of losing be greater than the excitement of winning."
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jerry		#43 Posted : Friday, February 10, 2012 8:31:58 AM
Rank: Elder Joined: 9/29/2006 Posts: 2,570		@guru267. Just like @cde, and self @qw is on a strategy! To buy after books closure. The opposite of courage is not cowardice, it's conformity.
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jerry		#44 Posted : Friday, February 10, 2012 8:37:46 AM
Rank: Elder Joined: 9/29/2006 Posts: 2,570		mlennyma wrote: Am warning any greedy hyena to stay away from wtk,you might break your back. Tell them. Public knowledge is valueless. I'd rather go for paka than chase WTK. The opposite of courage is not cowardice, it's conformity.
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Cde Monomotapa		#45 Posted : Friday, February 10, 2012 9:22:30 AM
Rank: Chief Joined: 1/13/2011 Posts: 5,964		jerry wrote: @guru267. Just like @cde, and self @qw is on a strategy! To buy after books closure. You don't know me well my friend. Anyhu, my bus is well known to many here (KCB Group, KK) & i'm content with that. Nevertheless, the Tea company i'm involved with lives in Zim called Tanganda Tea...I can also assure you that WTK's farm is a rose garden in comparison
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Impunity		#46 Posted : Friday, February 10, 2012 9:26:10 AM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		Sufficiently Philanga....thropic wrote: guru267 wrote: QW25091985 wrote: you see amnt aganist super normal dividends but it should be at the back of super normal performance ...i think i would be very careful to invest in such a blind company that cannot even see the future ... when sasini is retaining allot of cash because of the volatility in its business . WTK is throwing it away ... .. Bad business practice @qw does your mouth open independent of your brain¿¿ Ouch!!!Ouch!!! Below the belt! This is between the legs, at the point where the thighs are co-joined. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Impunity		#47 Posted : Friday, February 10, 2012 9:32:02 AM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		jerry wrote: QW25091985 wrote: thats drug money . they are giving as divdends .... i bet they have a marijuana plantation inside those coffee bushes ...lol r u saying coffee and tea are synonymes!? @jerry, leave the guy alone,he himself is under intoxification of the same drugs he alleges WTK sold im. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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Impunity		#48 Posted : Friday, February 10, 2012 9:36:00 AM
Rank: Elder Joined: 3/2/2009 Posts: 26,331 Location: Masada		guru267 wrote: QW25091985 wrote: Yes . wtk holders will laugh now but cry louder latter when the company has cash problems !!!! for me this is a very very VERY big red flag with the mangement ! Again your mouth working on its own.. CASH BALANCE of WTK as at 30th sept 2011 was 860 million shillings... If you add the proceeds from williamson house the number becomes 1.4 billion shillings in CASH.. Thats crazy for a tea company.. Revenue reserves/retained earnings as at the same date were equal to 4.7 billion shillings... If you really think WTK is wrong to pay a special dividend to shareholders then Please post the cash positions of your favourite companies on the NSE so that we may compare notes.. Please let the guy be. Portfolio: Sold You know you've made it when you get a parking space for your yatcht.
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FUNKY		#49 Posted : Friday, February 10, 2012 9:46:29 AM
Rank: Veteran Joined: 4/30/2010 Posts: 1,635		Book closure date is very early...15th February
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cnn		#50 Posted : Friday, February 10, 2012 9:55:55 AM
Rank: Veteran Joined: 6/17/2009 Posts: 1,627		jerry wrote: mlennyma wrote: Am warning any greedy hyena to stay away from wtk,you might break your back. Tell them. Public knowledge is valueless. I'd rather go for paka than chase WTK. We got greedy a while back...no regrets,no apologies.
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