Rank: Veteran Joined: 11/15/2013 Posts: 1,977 Location: Here
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nashx wrote:VituVingiSana wrote:nashx wrote:Arconnrk wrote:VituVingiSana wrote:Loving it ;-) “Williamson tea is expected to make a profit of about Sh800 million this year given the stable tea prices at the start of the year with the gains against the dollar made by the local currency,” he says. "In November last year, Williamson Tea reported a 126.2 per cent increase in earnings in its half year ended September 2015 to Sh380.7 million. Interestingly, the gain in value of tea plantations of Williamson Tea’s climbed by 127 per cent to Sh159.2 million. This profit gain was in sharp contrast to the full year net loss of Sh227.6 million recorded by the company the previous full year. Interestingly, according to Mr Ochieng’, Williamson Tea has proven to be among the rich stocks at the NSE" http://www.nation.co.ke/.../-/dlxq3mz/-/index.html
Let the good times role indeed! Even if one takes out the biological gains item that's a sweet cup of tea. May the profits (and generous dividend) continue.  Really considering buying this share...good dividend payout..hopefully I can get it at 160 per share I estimate the EPS for 2015-16 to be 50/- and the dividend to be 40. If they were to declare a 40 Bob dividend again then this share is grossly undervalued....read in the BD that tea prices have been low this half of the year... Haven't volumes increased due to 'good' weather. Everybody STEALS, a THIEF is one who's CAUGHT stealing something of LITTLE VALUE. !!!
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