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Sasini Results 2011-12
VituVingiSana
#1 Posted : Sunday, May 22, 2011 6:26:41 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
Well, some relief for Sasini shareholders.
http://www.nation.co.ke/...0/-/5q7lyu/-/index.html

I like the dividend [Interim off 50 cents = 5%] but I would rather buy KenolKobil which is a better, more consistent performer. And has no merali!!!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Gordon Gekko
#2 Posted : Sunday, May 22, 2011 7:09:42 PM
Rank: Elder

Joined: 5/27/2008
Posts: 3,760
Anything above 12/50 and I'm out.
VituVingiSana
#3 Posted : Sunday, May 22, 2011 8:22:26 PM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
Gordon Gekko wrote:
Anything above 12/50 and I'm out.
As a speculative play, good move!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
the deal
#4 Posted : Monday, May 23, 2011 7:51:36 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
An interim dividend of Ksh 0.50 which is bettter than KK's FY dividend..Merali aint bad news after all.
VituVingiSana
#5 Posted : Monday, May 23, 2011 8:42:27 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,356
Location: Nairobi
the deal wrote:
An interim dividend of Ksh 0.50 which is bettter than KK's FY dividend..Merali aint bad news after all.

Be my guest to buy more! A closer look reveals lower operating profits but huge 'gain' in biological gains..
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Ka-Dry
#6 Posted : Monday, May 23, 2011 10:42:27 AM
Rank: New-farer

Joined: 3/15/2011
Posts: 33
Location: Nairobi
Am told coffee is now trading at 35years high. Probably hold on till the next coffee season
Ama
the deal
#7 Posted : Monday, May 23, 2011 11:10:13 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
Earnings are down 20%...on poor rains

mobile.reuters.com/regional/article/idAFLDE74M07W20110523?edition=af
mkonomtupu
#8 Posted : Monday, May 23, 2011 12:16:04 PM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
Sasini always reminds me of Mr. Market parable in the Intelligent Investor

"Imagine that in some private business you own a small share that cost you $1,000/-. One of your partners Mr. Market is very obliging indeed. Everyday he tell you what he thinks your interest is worth and furthermore offers to either buy you out or sell you an additional interest on that basis. Sometimes his idea of value appears plausible and justified by business developments and prospects as you know them. Often, on the other hand, Mr. Market lets his enthusiasm or his fears run away with him, and the value he proposes seems to you a little short of silly.

If you are a prudent investor or a sensible businessman, will you let Mr. Market daily communication determine your view of a $ 1,000 interest in the enterprise? Only in case you agree with him, or in case you want to trade with him. You may be happy to sell out to him when he quotes a ridiculously high price, and equally happy to buy from him when his price is low. But the rest of the time you will be wiser to form your own ideas of the value of your holdings, based on full reports from the company about its operations and financial position."
youcan'tstopusnow
#9 Posted : Monday, May 23, 2011 2:28:53 PM
Rank: Chief

Joined: 3/24/2010
Posts: 6,779
Location: Black Africa
mkonomtupu wrote:
Sasini always reminds me of Mr. Market parable in the Intelligent Investor

"Imagine that in some private business you own a small share that cost you $1,000/-. One of your partners Mr. Market is very obliging indeed. Everyday he tell you what he thinks your interest is worth and furthermore offers to either buy you out or sell you an additional interest on that basis. Sometimes his idea of value appears plausible and justified by business developments and prospects as you know them. Often, on the other hand, Mr. Market lets his enthusiasm or his fears run away with him, and the value he proposes seems to you a little short of silly.

If you are a prudent investor or a sensible businessman, will you let Mr. Market daily communication determine your view of a $ 1,000 interest in the enterprise? Only in case you agree with him, or in case you want to trade with him. You may be happy to sell out to him when he quotes a ridiculously high price, and equally happy to buy from him when his price is low. But the rest of the time you will be wiser to form your own ideas of the value of your holdings, based on full reports from the company about its operations and financial position."

So are you buying?smile
GOD BLESS YOUR LIFE
mkonomtupu
#10 Posted : Monday, May 23, 2011 2:42:56 PM
Rank: Veteran

Joined: 2/10/2010
Posts: 1,001
Location: River Road
No just regret. I was pretty sure on this one, i had done the research and agreed on a speculative bid mostly because of the forex gain but somehow couldn't get myself to place an order.
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