Unga steps up competition with Eldoret wheat plant
https://www.businessdail...01378-g7kc91/index.html
"The company already has an existing line besides the new “state-of-the-art” plant expected to
more than double capacity."
The new capacity is probably more efficient.
"The line, earlier slated for commissioning in October, was
opened in mid-December, according to the firm chief executive officer Nick Hutchinson."
Revenue and costs in 2H may increase. Profits may be tougher to come by given the issues surrounding maize, competition, drought and politics. "plans to
install a soya meal production line at its Dakar Road, Nairobi, plant in the course of the
2018/2019 financial year."
Long-term planning.Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett