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LIMURU TEA RESULTS
FUNKY
#1 Posted : Wednesday, March 30, 2011 9:57:39 AM
Rank: Veteran


Joined: 4/30/2010
Posts: 1,635
Any one has a link on the above results??based on their performance we will have an idea how the results of WTK will be..
cnn
#2 Posted : Wednesday, March 30, 2011 10:16:13 AM
Rank: Veteran


Joined: 6/17/2009
Posts: 1,621
Net income tripled from 27M to 74.8m,revenues up 36%.WTK close their month tomorrow,reports in May-June.
VituVingiSana
#3 Posted : Wednesday, March 30, 2011 12:06:08 PM
Rank: Chief


Joined: 1/3/2007
Posts: 18,219
Location: Nairobi
What was the biological assets gain 2009 vs 2010?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
the deal
#4 Posted : Wednesday, March 30, 2011 12:15:53 PM
Rank: Elder


Joined: 9/25/2009
Posts: 4,534
Location: Windhoek/Nairobbery
The company said crop volumes in the first quarter 2011 had been much lower than in 2010 due to poor rains. But it said 2011 should be a good year if international tea prices and the shilling's level remain favourable, and rainfall improves.

http://af.reuters.com/ar...ws/idAFJOE72T07F20110330
Vostin_Capital
#5 Posted : Wednesday, March 30, 2011 2:54:50 PM
Rank: Hello


Joined: 3/30/2011
Posts: 1
Strong results 169 percent jump in 2010 pretax profit, very impressive.
Sufficiently Philanga....thropic
#6 Posted : Wednesday, March 30, 2011 3:01:35 PM
Rank: Elder


Joined: 9/23/2010
Posts: 2,221
Location: Sundowner,Amboseli
At least it traded some 200 shares today!
@SufficientlyP
The Merchant
#7 Posted : Wednesday, March 30, 2011 4:13:10 PM
Rank: Veteran


Joined: 5/24/2010
Posts: 846
Location: KENYA
@VVS....It said part of the profit jump came from a net gain of 49.8 million shillings in the fair value of biological assets.
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