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Limuru Tea FY 2014 revenue down 11% hence the loss

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muganda		#1 Posted : Tuesday, April 07, 2015 3:59:06 PM
Rank: Elder Joined: 9/15/2006 Posts: 3,905		Seems it's better to invest in coffee... or no agricultural at all - pity. The 1/= dividend can be used for sugar http://ge.tt/1F9W50E2/v/0
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lochaz-index		#2 Posted : Tuesday, April 07, 2015 5:47:01 PM
Rank: Veteran Joined: 9/18/2014 Posts: 1,127		This is one of those stocks in the nse that consistently punch way above its weight with no underlying reasons/justification. The main purpose of the stock market is to make fools of as many people as possible.
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Pesa Nane		#3 Posted : Tuesday, April 07, 2015 6:10:25 PM
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c		Dividend of Ksh. 1.00 Register closes 17 April 2015 AGM 29 May 2015 Pesa Nane plans to be shilingi when he grows up.
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ayushnehra		#4 Posted : Tuesday, April 07, 2015 7:27:30 PM
Rank: Member Joined: 1/4/2015 Posts: 153		Random ..but could someone please educate me how Income tax is calculated? i.e. % of what? Dreams are not the thing you see in your sleep..it's the thing that doesn't let you sleep. - A.P.J. Abdul Kalam
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Mucene		#5 Posted : Wednesday, April 08, 2015 8:47:15 AM
Rank: Member Joined: 8/4/2012 Posts: 155 Location: Kenya		ayushnehra wrote: Random ..but could someone please educate me how Income tax is calculated? i.e. % of what? Its calculated as a percentage of taxable profits the company makes. Taxable profits are usually different from accounting profits companies report because of different treatment of some expenses and incomes between the taxman and the accounting standards If you don't want to go to plan B have a good plan A.
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ayushnehra		#6 Posted : Wednesday, April 08, 2015 10:43:25 AM
Rank: Member Joined: 1/4/2015 Posts: 153		Mucene wrote: ayushnehra wrote: Random ..but could someone please educate me how Income tax is calculated? i.e. % of what? Its calculated as a percentage of taxable profits the company makes. Taxable profits are usually different from accounting profits companies report because of different treatment of some expenses and incomes between the taxman and the accounting standards Asante @Mucene I'm still new in this so trying to understand..I always thought income tax is just a small percentage of your net profit that the government keeps..Guess as in your explanation there is more to it..! Thank you..! Dreams are not the thing you see in your sleep..it's the thing that doesn't let you sleep. - A.P.J. Abdul Kalam
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Mucene		#7 Posted : Wednesday, April 08, 2015 12:05:08 PM
Rank: Member Joined: 8/4/2012 Posts: 155 Location: Kenya		ayushnehra wrote: Mucene wrote: ayushnehra wrote: Random ..but could someone please educate me how Income tax is calculated? i.e. % of what? Its calculated as a percentage of taxable profits the company makes. Taxable profits are usually different from accounting profits companies report because of different treatment of some expenses and incomes between the taxman and the accounting standards Asante @Mucene I'm still new in this so trying to understand..I always thought income tax is just a small percentage of your net profit that the government keeps..Guess as in your explanation there is more to it..! Thank you..! @ayushnehra Karibu sana If you don't want to go to plan B have a good plan A.
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VituVingiSana		#8 Posted : Thursday, April 09, 2015 4:40:23 AM
Rank: Chief Joined: 1/3/2007 Posts: 18,121 Location: Nairobi		This is about the land not the tea. Limuru is practically part of Nairobi now. It is easier/faster to travel from Limuru to Westlands than Westlands to JKIA! Greedy when others are fearful. Very fearful when others are greedy - *to paraphrase Warren Buffett*
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Mainat		#9 Posted : Thursday, April 09, 2015 6:21:50 AM
Rank: Veteran Joined: 11/21/2006 Posts: 1,590		PAT flat for the year. DPS is 50ct Sehemu ndio nyumba
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sparkly		#10 Posted : Thursday, April 09, 2015 8:35:55 AM
Rank: Elder Joined: 9/23/2009 Posts: 8,083 Location: Enk are Nyirobi		Mucene wrote: ayushnehra wrote: Random ..but could someone please educate me how Income tax is calculated? i.e. % of what? Its calculated as a percentage of taxable profits the company makes. Taxable profits are usually different from accounting profits companies report because of different treatment of some expenses and incomes between the taxman and the accounting standards Provisions added back or previous writeoffs recovered? Life is short. Live passionately.
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Gatheuzi		#11 Posted : Thursday, April 09, 2015 9:40:15 AM
Rank: Veteran Joined: 8/16/2009 Posts: 994		ayushnehra wrote: Mucene wrote: ayushnehra wrote: Random ..but could someone please educate me how Income tax is calculated? i.e. % of what? Its calculated as a percentage of taxable profits the company makes. Taxable profits are usually different from accounting profits companies report because of different treatment of some expenses and incomes between the taxman and the accounting standards Asante @Mucene I'm still new in this so trying to understand..I always thought income tax is just a small percentage of your net profit that the government keeps..Guess as in your explanation there is more to it..! Thank you..! @Ayushnehra the corporate tax rate in Kenya is 30% save for a few exceptions. In general, we can say the percentage is not small. Time is money, so money is time. Money saved is time gained in reverse! Money stores your life’s energy. You expend your energy, get paid money, and store that money for a future purchase made in a currency.
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Pesa Nane		#12 Posted : Friday, July 10, 2015 3:42:12 PM
Rank: Elder Joined: 5/25/2012 Posts: 4,105 Location: 08c		Pesa Nane plans to be shilingi when he grows up.
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