But div issa fraud

Uganda subsidiary operations discontinued "shielded the Group from some of the losses suffered in the preceding year ..."

Overall feed volumes increased significantly in the animal nutrition segment thanks to competitive pricing, high quality, effective sales and marketing blah blah.

Porridge, pilses and rice volumes experinced solid growth

New products: Fugo, Tilapia fish feed

Thanks for the info.

If there wasn't an attempt to squeeze out the minority shareholders, I would be on board.

New 300 Ton wheat plant will be commissioned in Oct 2018.
New soya meal plant will be installed in FY 2019.
The dividend will be paid 7 months after the year-end.
The dividend will be paid 7 weeks after the AGM.

BUT they don't want us to enjoy the harvest after making us go through the pain of sowing, weeding and nurturing the crop.

If I was going to genuinely share in the future with Seaboard and Ndegwas then I do not mind a measly dividend. Look at Jubilee and DTB.

In this case, the significant expansion was planned and executed while we were shareholders and using our funds. Then the attempt to buy us out at below BV.

I should not be surprised given the Ndegwas are just a polished version of Merali.

This comes back to Corporate Governance. I was blind-sided. It's just a matter of time before I bail out of the NIC I have.

Leave the old man alone.. He is bleeding from all angles, ARM, NIC, KENRE