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Williamson Tea
Horton
#1 Posted : Friday, September 02, 2016 6:37:14 AM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
Does anyone know what happened to the land uncertainty for WTK in Nandi?
VituVingiSana
#2 Posted : Tuesday, September 06, 2016 11:09:12 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
Horton wrote:
Does anyone know what happened to the land uncertainty for WTK in Nandi?
As of the AGM date... the drama is on-going. I expect the usual political posturing during the elections but this time around WTK will send its non-Kalenjin staff home and move the movable assets far away where the arsonists & thieves will not have access.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
MadDoc
#3 Posted : Wednesday, September 07, 2016 7:06:25 AM
Rank: Member

Joined: 10/26/2015
Posts: 151
VituVingiSana wrote:
Horton wrote:
Does anyone know what happened to the land uncertainty for WTK in Nandi?
As of the AGM date... the drama is on-going. I expect the usual political posturing during the elections but this time around WTK will send its non-Kalenjin staff home and move the movable assets far away where the arsonists & thieves will not have access.


Hope we aren't blindsided like in the capping of interest rates.
Horton
#4 Posted : Wednesday, September 07, 2016 7:08:30 AM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
MadDoc wrote:
VituVingiSana wrote:
Horton wrote:
Does anyone know what happened to the land uncertainty for WTK in Nandi?
As of the AGM date... the drama is on-going. I expect the usual political posturing during the elections but this time around WTK will send its non-Kalenjin staff home and move the movable assets far away where the arsonists & thieves will not have access.


Hope we aren't blindsided like in the capping of interest rates.


Very sad where politics is interferring with business vs enabling it.
kaimbaga2012
#5 Posted : Wednesday, September 07, 2016 11:23:36 AM
Rank: New-farer

Joined: 10/25/2011
Posts: 67
http://www.businessdaily...-3372292-n8sfuoz/index.

How will this impact on Williamson Tea Ernings
MadDoc
#6 Posted : Wednesday, September 07, 2016 12:00:14 PM
Rank: Member

Joined: 10/26/2015
Posts: 151
kaimbaga2012 wrote:
http://www.businessdailyafrica.com/Corporate-News/Tea-farmers-set-for-massive-windfall-after-Kenya-earns-Sh84bn/539550-3372292-n8sfuoz/index.

How will this impact on Williamson Tea Ernings


This was already reflected in FY2016 results.
VituVingiSana
#7 Posted : Wednesday, September 07, 2016 7:20:06 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,349
Location: Nairobi
kaimbaga2012 wrote:
http://www.businessdailyafrica.com/Corporate-News/Tea-farmers-set-for-massive-windfall-after-Kenya-earns-Sh84bn/539550-3372292-n8sfuoz/index.

How will this impact on Williamson Tea Ernings

Apr, May and June should be OK for WTK. The challenges with too much tea & lower prices will affect WTK July-Dec 2016 but WTK also spent considerable sums buying new, efficient machinery to reduce the cost of harvesting.

Agricultural firms' profits are cyclical but as a long term investor, the pay-off of a well-mananged firm can be great!

My views. I have some Kakuzi as well. No complaints. The biggest threat are the politicians as elections near.
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
muandiwambeu
#8 Posted : Monday, December 05, 2016 9:36:54 AM
Rank: Veteran

Joined: 8/28/2015
Posts: 1,247
My take, land is a thorny issue to wtk. However, could someone explain to me if wtk divinded pay out is sustainable considering its higher than EPs. What's the implication to the shareholder wealth.
,Behold, a sower went forth to sow;....
Mkondoa Macho
#9 Posted : Monday, December 05, 2016 9:47:56 AM
Rank: New-farer

Joined: 2/7/2016
Posts: 79
Location: Home
To me, WTK is a dead horse. Its EPS has been on a downward trend since 2011. The company is not growing and its earnings reduce every year. That is why it pays such hefty dividends to blind shareholders from this worrying trend. I challenge to to examine it's PAT since 2011 to the last financial year and be the judge. Plot a graph if you have to.
MadDoc
#10 Posted : Monday, December 05, 2016 10:55:17 AM
Rank: Member

Joined: 10/26/2015
Posts: 151
Mkondoa Macho wrote:
To me, WTK is a dead horse. Its EPS has been on a downward trend since 2011. The company is not growing and its earnings reduce every year. That is why it pays such hefty dividends to blind shareholders from this worrying trend. I challenge to to examine it's PAT since 2011 to the last financial year and be the judge. Plot a graph if you have to.


Shame on you Shame on you The only thing in question is its lease on the land.
If a company can afford to comfortably pay dividends, isn't that the sign of a healthy company?
The said company also has low debt levels and a helluva cash reserve.
The company has a book value per share of 385.xx.
Its current price on the NSE is 170.

http://markets.ft.com/da...t/financials?s=GWKL:NAI
Kindly go through this for next time I won't excuse your ignorance.
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