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Did Eaagards sale land to Tatu City or just donate it?
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the deal
#1 Posted : Thursday, November 04, 2010 10:02:30 AM
Rank: Elder

Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
How come there has been no formal announcement from Eaagards send to the NSE and CMA informing the public that Eaagards sold land to Tatu City?

How come they never informed the public,NSE and the CMA that theyre into negotiations to sell land to Tatu City?

Rencap owns 62% of Eaagards and 50% of Tatu City to much coincidence.

Dont shoot me i'm just asking the hard questions.
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  | | Edit by user: Thursday, November 04, 2010 10:03 AM | Reason: Not specified
ProverB
#2 Posted : Thursday, November 04, 2010 10:06:39 AM
Rank: Veteran

Joined: 3/12/2010
Posts: 1,199
Location: Eastlander
Good questions...for investors..the long term kind. Think

For speculators.. ignore such questions..ride the wave..if u burn..well..at least the thrill was fun. smile smile
..Let your light so shine before men, that they may see your good works, and glorify your Father which is in heaven...Matt5:16
- 1769 Oxford King James Bible 'Authorized Version
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The Merchant
#3 Posted : Thursday, November 04, 2010 1:28:40 PM
Rank: Veteran

Joined: 5/24/2010
Posts: 846
Location: KENYA
Eagads is quite the fishy stock. Id stay away if planning to invest for long. For speculation, anytime. This is what will make this shareprice rise. If one could short sell, it would make for some interesting play at its peak.
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PKoli
#4 Posted : Thursday, November 04, 2010 1:38:42 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
The Merchant wrote:
Eagads is quite the fishy stock. Id stay away if planning to invest for long. For speculation, anytime. This is what will make this shareprice rise. If one could short sell, it would make for some interesting play at its peak.



I remember some time back when there was a post of talking about monkeys. I am sure someone is buying monkeys and one day, they will be worthless. Take care!
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2012
#5 Posted : Thursday, November 04, 2010 1:44:37 PM
Rank: Elder

Joined: 12/9/2009
Posts: 6,592
Location: Nairobi
According to (I think) last Friday's BD they sold the land for some very good money to reinvest it in cheaper land where they can get more acreage and grow their business. Could be good news for investors after all.

BBI will solve it :)
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Much Know
#6 Posted : Thursday, November 04, 2010 2:33:14 PM
Rank: Elder

Joined: 12/6/2008
Posts: 3,579
There were some ownership transactions where relevant authorities were notified about a year ago( I think EGADS become a subsidiary of a Waguthu Holdings). Don't know if the below link will answer your questions.

WHY EGADS CONTROLS NOTHING TO DO WITH TATU CITY
Ras Kienyeji Man
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stocksmaster
#7 Posted : Thursday, November 04, 2010 3:07:02 PM
Rank: Member

Joined: 9/26/2006
Posts: 463
Location: CENTRAL PROVINCE
the deal wrote:
How come there has been no formal announcement from Eaagards send to the NSE and CMA informing the public that Eaagards sold land to Tatu City?

How come they never informed the public,NSE and the CMA that theyre into negotiations to sell land to Tatu City?

Rencap owns 62% of Eaagards and 50% of Tatu City to much coincidence.

Dont shoot me i'm just asking the hard questions.


Maybe companies in the AIMS section of the NSE are exempt from the normal reporting of material announcements. Am also baffled as to why no announcement from the company/CMA has been issued on this issue.

Happy hunting
x handle: @stocksmaster79
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sheep
#8 Posted : Thursday, November 04, 2010 3:42:40 PM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
guys,si hii kitu ikifika mia we will cry with much bitterness...sometimes all we need to know is that a movement of importance is there and promptly act on it without much questions.
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
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PKoli
#9 Posted : Thursday, November 04, 2010 4:07:53 PM
Rank: Elder

Joined: 2/10/2007
Posts: 1,587
sheep wrote:
guys,si hii kitu ikifika mia we will cry with much bitterness...sometimes all we need to know is that a movement of importance is there and promptly act on it without much questions.


Check how many shares have been trading daily.
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sheep
#10 Posted : Thursday, November 04, 2010 4:20:11 PM
Rank: Veteran

Joined: 7/24/2008
Posts: 781
oh,Ive not been following stocks lately,kumbe hii ni ile pesa ya kungalia na macho tuuLaughing out loudly Laughing out loudly Laughing out loudly
so watu wanatumia ujanja in the fantasy marketLaughing out loudly
The utimate goal of investing is to buy low sell high;if we re-write this core equation in psychology terms it becomes buy fear sell greed.
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