The El-nino year has come to an end. The next one year is a la-nina year. Let's wait and see..the bubble with these stocks in the 1990's lasted 3 years. [/quote]
Depends on whether it affects Kenya alone.Going back to last year the prices shot up due to a decline in global output in major tea producing regions.The inverse correlation between production and prices for me should hold up the performance by tea companies.Look at Williamson even a 50% drop at year end will still see EPS at over 30.But half year will definitely beat the previous.If only the directors get the dividend payout right!

still trying to get in.
just a thought..heard somewhere..aly khan.. that kakuzi, limuru etc might be force to let go of loads of land pieces within this and next accounting period..at current land valuations...and considering most of their land assets are presented at cost in books..u can imagine impact on P&L as this happens..as well as balancesheet as revaluations get reflected.. ..makes potential impact of La Nina laughable don't you think?

The El-nino year has come to an end. The next one year is a la-nina year. Let's wait and see..the bubble with these stocks in the 1990's lasted 3 years. [/quote]So I have 2 more years left? [I agree... I hope I have the guts or foresight to sell off by 2012]

Tea Prices (& production) are rocking and rolling in 2010... I hope the Tea Party continues in 2011...

I was in Thika juzi... Kakuzi is seating on some sweet land! They can build an entire self-contained estate/development to rival Buru Buru...

Coffee prices have risen faster but Kakuzi, Williamson & Kachorua have no Coffee...

Sasini [I do not like coz of merali thus don't own] has coffee & tea...

Eagaads is 100% coffee...

without Merali what would you say of Sasini, could it move as cables did?

Someone has just acquired over 8% of Limuru Tea for 30m

Why not for the tea? Is it not profitable?

http://www.businessdaily.../-/8d0yl4z/-/index.html

this should be very good for Kakuzi, Williamson, and Kapchorua and sasini...

I cant wait for Kakuzi FY results

@ GG, be patient, they'll announce by Jamhuri Day going by last year's trend. My guess is that revenue will hit or exceed Ksh. 3b (from Ksh 2.18b in 2009)and operating profit likely to increase though cashflow will be affected by the first tranche retirement in June 2010 of the CP debt. Though this is a 'Merali' outfit, I like the fact that JB McFie is the chairman - good, clean pair of hands!

@ Guru, you need to wait a little longer for Kakuzi results - around March next year. BTW avocados are their saving grace! They've also started a macadamia nut plantation and are of course carrying out a pineapple JV with Del Monte.

Rea Vipingo posted a small loss for the first half ending March 2010 (and issued a profit warning), may struggle to match last year's performance. Have diversified into horticulture (baby corn)at their Dwa estate. Also have some good tracts of land in Kilifi where prices have shot through the roof!

My two meticals...

@newfarer with the weaker shilling and high tea prices coupled with rising supply this stock is greater for much greater things than you are seeing now....

JUST WAIT AND SEE!!!!