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Agricultural counters headed North
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CASHFLOW202
#11 Posted : Wednesday, February 05, 2014 12:43:50 PM
Rank: New-farer

Joined: 4/6/2013
Posts: 95
The revaluation of the biological asset of sasini tea ltd to an upward trend of a massive 1336% to a loss of Sh31.5 million from a loss of Sh420.9 million in the same period helped it jump to profitability.
This is a story that will follow the other tea and coffee growers like williamson, kapchurua, eaagads, kakuzi.
Wait for these counters at their pick prices before result announcement as kakuzi and eaagads have already done so they are sell counter but williamson tea and kapchurua tea are still trailling big so they are still buy counters.

http://www.businessdaily...94/-/w27345/-/index.html
Monopoly was the industrial age money game and the name of the new game of money today in the information age is CASHFLOW
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Horton
#12 Posted : Wednesday, February 05, 2014 1:57:25 PM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
http://www.dnaindia.com/...irm-tea-prices-1959457.

Tea prices were at their lowest prices in 5 years till Nov 2013. In December, the Egyptians returned with a vengeance and tea prices shot up from $2.38 to $4.13
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CASHFLOW202
#13 Posted : Wednesday, February 05, 2014 2:39:02 PM
Rank: New-farer

Joined: 4/6/2013
Posts: 95
Horton wrote:
http://www.dnaindia.com/money/report-mcleod-sees-firm-tea-prices-1959457.

Tea prices were at their lowest prices in 5 years till Nov 2013. In December, the Egyptians returned with a vengeance and tea prices shot up from $2.38 to $4.13


These news could not have come any sooner and better. Wait for Williamson tea in 400s.
Monopoly was the industrial age money game and the name of the new game of money today in the information age is CASHFLOW
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Candlesticks
#14 Posted : Wednesday, February 05, 2014 5:31:42 PM
Rank: New-farer

Joined: 12/16/2013
Posts: 49
Location: Nairobi
VituVingiSana wrote:
Tea prices on the rise. I do not know about coffee.


Coffee certainly lower production in Brazil this year. This will certainly lead to higher prices.
http://au.finance.yahoo....a-coffee-090630873.html
"'Nowadays people know the price of everything and the value of nothing.' - Oscar Wilde.
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Mastermind
#15 Posted : Wednesday, February 05, 2014 11:16:37 PM
Rank: Veteran

Joined: 1/25/2012
Posts: 1,624
Location: Langley
Candlesticks wrote:
VituVingiSana wrote:
Tea prices on the rise. I do not know about coffee.


Coffee certainly lower production in Brazil this year. This will certainly lead to higher prices.
http://au.finance.yahoo....a-coffee-090630873.html

At the Nairobi Coffee Exchange (NCE)
, the price of a 50-kilogramme bag
jumped to Sh17,680 ($208) during
Tuesday’s auction, compared to
Sh14,790 ($174) last week... www.businessdailyafrica....76/-/8nn5xd/-/index.html
If you have built castles in the air, your work need not be lost; that is where they should be. Now put the foundations under them.
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Horton
#16 Posted : Thursday, February 06, 2014 8:40:18 AM
Rank: Veteran

Joined: 8/30/2007
Posts: 1,558
Location: Nairobi
http://m.news24.com/keny...tly-at-auction-20140205

And tea prices are up again yesterday $4.41 now.
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CASHFLOW202
#17 Posted : Thursday, February 06, 2014 12:30:08 PM
Rank: New-farer

Joined: 4/6/2013
Posts: 95
http://pesatimes.com/new...re/--2014-02-05-05-26-34
Monopoly was the industrial age money game and the name of the new game of money today in the information age is CASHFLOW
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CASHFLOW202
#18 Posted : Friday, February 14, 2014 1:40:34 PM
Rank: New-farer

Joined: 4/6/2013
Posts: 95
e farmers stand to gain from a surge in price of the commodity driven by high demand in the global markets.

A standoff between coffee marketers and county governments that led to postponement of last week’s auction has built pent-up demand that saw prices of the beverage rise by 2.4 per cent in this week’s auction on Tuesday.

During the previous auction held on 14th of this month, a 50-kilogramme bag of coffee traded at Sh14,450 ($170) compared to Sh14,790 ($174) this week.

http://www.businessdaily...2/-/c3vsk2/-/index.html
Monopoly was the industrial age money game and the name of the new game of money today in the information age is CASHFLOW
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sparkly
#19 Posted : Friday, February 14, 2014 5:42:34 PM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Kakuzi, are people expecting a take over ala Vipingo? The price movement does not make sense.
Life is short. Live passionately.
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CASHFLOW202
#20 Posted : Saturday, February 15, 2014 6:44:26 PM
Rank: New-farer

Joined: 4/6/2013
Posts: 95
sparkly wrote:
Kakuzi, are people expecting a take over ala Vipingo? The price movement does not make sense.

Not much information is available about this counter with the latest financial statements hard to come around but based on its EPS to PE quotient which is 0.149, it still looks undervalued.
Monopoly was the industrial age money game and the name of the new game of money today in the information age is CASHFLOW
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