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AGRICULTURAL STOCKS LOOKING GREENER
Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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Sufficiently Philanga....thropic wrote:Eric_Nyamu wrote:FUNKY wrote:Kakuzi up 10 percent to 82/- if the below chart doesnot scare you guys bullish on agricultural stocks i dnt know what will..  Exit QW, enter Eric Nyamu! hehehe.
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Williamson up 8% to 310/=. Kenya shilling though is strengthening against the dollar GOD BLESS YOUR LIFE
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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youcan'tstopusnow wrote:Williamson up 8% to 310/=. Kenya shilling though is strengthening against the dollar Only one trade though of a measly 500 shares. Looks like a case of market making! Waiting to see what Sasini will have to offer next month when they release their full year results.Its historical PE has since jumped to 3.19! @SufficientlyP
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Sufficiently Philanga....thropic wrote:youcan'tstopusnow wrote:Williamson up 8% to 310/=. Kenya shilling though is strengthening against the dollar Only one trade though of a measly 500 shares. Looks like a case of market making! Waiting to see what Sasini will have to offer next month when they release their full year results.Its historical PE has since jumped to 3.19! For Sasini (and Kapchorua), the gains arising from changes in fair value of biological assets is more than the profit from operating activities Not so for WTK. Who would you say has the 'best land' for real estate development? KIRTI wrote:I got following information from Apex Africa.
Company Acres location
WTK 5274 Nandi Hills(tea)Kericho (tea)
KAKUZI 8266 Nandi Hills(tea) Thika (Pineapples, livestock, foresty, Avacado)
REA VIPINGO 59,382 Kibvezi,Voi, Vipingo, Amboni(Tz)SISAL
LIMURU TEA 684 Limuru (tea)
EAAGADS 487 Ruiru (coffee)
SASINI TEA 5779 Githiga Kiambu,Mweiga, Nyeri(coffee)Sotik (tea)
KAPCHORUA 1656 Nandi Hills(tea) Kericho (tea)
GOD BLESS YOUR LIFE
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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youcan'tstopusnow wrote:
Who would you say has the 'best land' for real estate development?
it Definitely will be the companies with property on the nairobi outskirts.. So limuru, kakuzi, sasini and EAGAADS will be the best plays for real estate speculation.. Mark 12:29
Deuteronomy 4:16
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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guru267 wrote:youcan'tstopusnow wrote:
Who would you say has the 'best land' for real estate development?
it Definitely will be the companies with property on the nairobi outskirts.. So limuru, kakuzi, sasini and EAGAADS will be the best plays for real estate speculation.. Soo true,Limuru Tea,Sasini and Eagaads are really sitting on a gold mine. Of these 3 and assuming a sober Merali,i'd vouch for Sasini,which has a bigger acreage than the other 2 in Kiambu county (about 1,000 acres) and is also the most liquid of the 3 counters! @SufficientlyP
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Rank: Chief Joined: 1/3/2007 Posts: 18,124 Location: Nairobi
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Tea prices are on average (US$) 10% higher than last year. Production down 10%. So a wash. KES even at 90/- is down 15% vs last year. When you consider KES was at 105/- for a period of time, the tea firms will do very well. Williamson year end is March so they will benefit from 3 months of weak KES, rain, high prices compared to Kakuzi, Sasini or Limuru Tea. Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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Rank: Elder Joined: 1/21/2010 Posts: 6,675 Location: Nairobi
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VituVingiSana wrote:Williamson year end is March so they will benefit from 3 months of weak KES, rain, high prices compared to Kakuzi, Sasini or Limuru Tea. For the tea story hakuna kama Williamson.. If this is not their year I dont which one will... Mark 12:29
Deuteronomy 4:16
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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guru267 wrote:VituVingiSana wrote:Williamson year end is March so they will benefit from 3 months of weak KES, rain, high prices compared to Kakuzi, Sasini or Limuru Tea. For the tea story hakuna kama Williamson.. If this is not their year I dont which one will... Agreed! No competition on that front GOD BLESS YOUR LIFE
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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youcan'tstopusnow wrote:guru267 wrote:VituVingiSana wrote:Williamson year end is March so they will benefit from 3 months of weak KES, rain, high prices compared to Kakuzi, Sasini or Limuru Tea. For the tea story hakuna kama Williamson.. If this is not their year I dont which one will... Agreed! No competition on that front Now if only the directors could get inspired.
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Rank: User Joined: 8/29/2011 Posts: 1,045 Location: Mtaani
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cnn wrote:youcan'tstopusnow wrote:guru267 wrote:VituVingiSana wrote:Williamson year end is March so they will benefit from 3 months of weak KES, rain, high prices compared to Kakuzi, Sasini or Limuru Tea. For the tea story hakuna kama Williamson.. If this is not their year I dont which one will... Agreed! No competition on that front Now if only the directors could get inspired. to do a spilt !!!!
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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Rising operation costs to hit tea earnings“The crop position is unlikely to be as strong because drier weather at the start of the year has led to lower production,” Nigel Sandys-Lemsdaine, the chairman of both Williamson and Kapchorua, said in a statement. “The cost of doing business in Kenya continues to rise,” he said, citing rising wages and price of key inputs such as electricity and fertiliser." Williamson Tea and Kapchorua are some of the growers whose performance has come under pressure from lower rainfall, rising staff costs and introduction of new taxation and regulatory fees from the Kenya Bureau of Standards (Kebs), the Water Resources Management Authority (WRMA) and the National Environment Management Authority (Nema). http://www.businessdaily.../-/kjftr9z/-/index.html
GOD BLESS YOUR LIFE
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Rank: Member Joined: 9/26/2006 Posts: 410 Location: CENTRAL PROVINCE
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youcan'tstopusnow wrote:Rising operation costs to hit tea earnings“The crop position is unlikely to be as strong because drier weather at the start of the year has led to lower production,” Nigel Sandys-Lemsdaine, the chairman of both Williamson and Kapchorua, said in a statement. “The cost of doing business in Kenya continues to rise,” he said, citing rising wages and price of key inputs such as electricity and fertiliser." Williamson Tea and Kapchorua are some of the growers whose performance has come under pressure from lower rainfall, rising staff costs and introduction of new taxation and regulatory fees from the Kenya Bureau of Standards (Kebs), the Water Resources Management Authority (WRMA) and the National Environment Management Authority (Nema). http://www.businessdaily.../-/kjftr9z/-/index.html
The same article continues: But the weakening of the shilling in recent months led to significant gains among tea exports. The shilling has depreciated by 18 per cent to trade at Sh94 against the dollar from Sh80 in January, with the tea grower’s export earnings rising by similar margins. The shilling had depreciated by more than a quarter for some weeks before strengthening to the current levels, a rise that sharply boosted tea export earnings. Tea growers receive payments from their exports in euro, dollars, and British pounds, turning the depreciation of the local currency against the major world units into a boon for them. Tea prices are have also risen significantly this year, an increase that could cushion the growers from rising operating expenses. International tea prices currently stand at about Sh265 per kilogramme, a 71 per cent rise from an average of Sh194.5 in the year to March. The tea growers are among agricultural firms that pay some of the highest dividends at the Nairobi Securities Exchange (NSE) and their stocks are the best performing at the bourse that has recorded an overall decline due to high inflation. Williamson’s share price has risen the highest at 58.3 per cent in the past six months to stand at Sh285, followed by Sasini at 41.1 per cent (Sh13.7), Rea Vipingo at 29.5 per cent (19.5) and Kakuzi at 19 per cent (Sh78). http://www.businessdaily.../-/kjftr9z/-/index.html
Happy Hunting.
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Rank: Chief Joined: 3/24/2010 Posts: 6,779 Location: Black Africa
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stocksmaster wrote:youcan'tstopusnow wrote:Rising operation costs to hit tea earnings“The crop position is unlikely to be as strong because drier weather at the start of the year has led to lower production,” Nigel Sandys-Lemsdaine, the chairman of both Williamson and Kapchorua, said in a statement. “The cost of doing business in Kenya continues to rise,” he said, citing rising wages and price of key inputs such as electricity and fertiliser." Williamson Tea and Kapchorua are some of the growers whose performance has come under pressure from lower rainfall, rising staff costs and introduction of new taxation and regulatory fees from the Kenya Bureau of Standards (Kebs), the Water Resources Management Authority (WRMA) and the National Environment Management Authority (Nema). http://www.businessdaily.../-/kjftr9z/-/index.html
The same article continues: But the weakening of the shilling in recent months led to significant gains among tea exports. The shilling has depreciated by 18 per cent to trade at Sh94 against the dollar from Sh80 in January, with the tea grower’s export earnings rising by similar margins. The shilling had depreciated by more than a quarter for some weeks before strengthening to the current levels, a rise that sharply boosted tea export earnings. Tea growers receive payments from their exports in euro, dollars, and British pounds, turning the depreciation of the local currency against the major world units into a boon for them. Tea prices are have also risen significantly this year, an increase that could cushion the growers from rising operating expenses. International tea prices currently stand at about Sh265 per kilogramme, a 71 per cent rise from an average of Sh194.5 in the year to March. The tea growers are among agricultural firms that pay some of the highest dividends at the Nairobi Securities Exchange (NSE) and their stocks are the best performing at the bourse that has recorded an overall decline due to high inflation. Williamson’s share price has risen the highest at 58.3 per cent in the past six months to stand at Sh285, followed by Sasini at 41.1 per cent (Sh13.7), Rea Vipingo at 29.5 per cent (19.5) and Kakuzi at 19 per cent (Sh78). http://www.businessdaily.../-/kjftr9z/-/index.html
Happy Hunting.  GOD BLESS YOUR LIFE
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Rank: Elder Joined: 9/23/2010 Posts: 2,221 Location: Sundowner,Amboseli
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Sweet tea set to find its way to our living rooms as we head towards year end! @SufficientlyP
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Rank: Veteran Joined: 6/17/2009 Posts: 1,619
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stocksmaster wrote:Its 15 days since i started this thread and since then, the share price has exploded to a high of Ksh 284 (over 50% capital gains).
The cash and cash equivalents for this company as at 31st March 2011 was about Ksh 332, with an additional Ksh 108 as biological assets per share (Total of Ksh 440).
The half year results should be out mid next month when i expect an announcement on how the proceeds of the HQ sale are to be dealt with and a healthy interim dividend. A price of Ksh 300 still looks cheap and a share split is the only action holding back a price in the Ksh 350 - 400 range (p/e of 3.5 - 4).
Happy hunting.
You now have your answer.
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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Sufficiently Philanga....thropic wrote:Sweet tea set to find its way to our living rooms as we head towards year end! How many people in Kenya take Williamson Tea 
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Rank: Veteran Joined: 4/30/2010 Posts: 1,635
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First of all do they sell the tea locally!
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Rank: Chief Joined: 5/31/2011 Posts: 5,121
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FUNKY wrote:First of all do they sell the tea locally! Good question. Looks like we have a case of 'Made in Kenya, Sold in UK'
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