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Kakuzi FY18
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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 Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Quote:OVERVIEW: The results for 2018 reflect a pre-tax profit of Shs 684 million compared to Shs 849 million in 2017. The lower profits are as a result of lower avocado prices achieved, due to a heavily over supplied market in Europe. Macadamia and forestry profits improved over the previous year as a result of increased production from our orchards and a rise in the demand for wood products. Earnings per share was Shs 24.57 in 2018 compared to Shs 30.19 in 2017. Pesa Nane plans to be shilingi when he grows up.
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Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c
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Quote:DIVIDEND: The Directors recommend the payment of a first and final dividend for the financial year 2018 of Shs 9.00 per ordinary share (2017: Shs 7.00) subject to shareholders’ approval. The dividend shall be paid on or about 30 June 2019 to the shareholders on the members’ register at the close of business on Friday, 31 May 2019.
ANNUAL GENERAL MEETING: The Annual General Meeting of the Company will be held on Tuesday 14 May 2019 at 12.00 Noon at Nairobi Serena Hotel. Pesa Nane plans to be shilingi when he grows up.
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Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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This year will be tough for agricultural companies because of prolonged drought. Towards the goal of financial freedom
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Ebenyo wrote:This year will be tough for agricultural companies because of prolonged drought. And the economy as a whole Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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Rank: Veteran Joined: 4/4/2016 Posts: 2,016 Location: Kitale
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Ericsson wrote:Ebenyo wrote:This year will be tough for agricultural companies because of prolonged drought. And the economy as a whole Towards the goal of financial freedom
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Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi
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Kibunga sells KShs 80m Total to invest in Kakuzi https://www.businessdail...0424-12x2svjz/index.htmlLife is short. Live passionately.
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Rank: Member Joined: 7/6/2018 Posts: 175 Location: Kinshasa
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[quote=sparkly]Kibunga sells KShs 80m Total to invest in Kakuzi https://www.businessdail...424-12x2svjz/index.html[/quote] Meanwhile, the share price is creeping upwards Eaagads-style in turnovers of 100 shares (in a week?). If it don't make dollars, it don't make sense
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Rank: Elder Joined: 7/22/2008 Posts: 2,721
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Rank: Elder Joined: 12/4/2009 Posts: 10,804 Location: NAIROBI
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Kusadikika wrote:https://www.businessdailyafrica.com/markets/marketnews/Kakuzi-stock-hits-new-high-after-Kibunga-snap-up/3815534-5292180-6cc5tr/index.html
What does Kibunga see in Kakuzi? Avocados export business Wealth is built through a relatively simple equation Wealth=Income + Investments - Lifestyle
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