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Limuru tea 1H results
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Surealligator
#1 Posted : Friday, August 13, 2010 11:10:25 AM
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Joined: 6/27/2008
Posts: 709
Location: Velayat-e Faryab
They are out today but no idea what they look like. Anyone with the data?
Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own
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cnn
#2 Posted : Friday, August 13, 2010 11:26:25 AM
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I think they will be good.And better in the second half,the last 3 weeks tea prices have been on the rise again.
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VituVingiSana
#3 Posted : Friday, August 13, 2010 12:41:06 PM
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Joined: 1/3/2007
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Location: Nairobi
How is production of tea in those areas?
Limuru
Kericho
Nandi
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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cnn
#4 Posted : Friday, August 13, 2010 12:55:32 PM
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Production has declined slightly due to the prevailing cold weather.Price has turned up at the auction though.I see a repeat or very slight deviation of the tea companies from last year.
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VituVingiSana
#5 Posted : Friday, August 13, 2010 1:02:40 PM
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Location: Nairobi
cnn wrote:
Production has declined slightly due to the prevailing cold weather.Price has turned up at the auction though.I see a repeat or very slight deviation of the tea companies from last year.
I hope this is your knowledge not what these chaps are saying... I want real info from the ground... I appreciate all the info provided...

BTW, what region/area are you referring to?
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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cnn
#6 Posted : Friday, August 13, 2010 1:12:16 PM
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@vvs,my source is at WTK.You know where their estates are.
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cnn
#7 Posted : Friday, August 13, 2010 2:06:42 PM
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Limuru tea,output in first half up 87%.EPS up to 19.28 shillings from 0.84 shillings last year,up by 2195%.Not bad.
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VituVingiSana
#8 Posted : Friday, August 13, 2010 2:17:10 PM
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Location: Nairobi
cnn wrote:
@vvs,my source is at WTK.You know where their estates are.
Excellent!!! Tell me more... Quality of tea?

I hope you will be there... I will be the one mouthing off at the kaburus...
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
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cnn
#9 Posted : Friday, August 13, 2010 2:31:56 PM
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@vvs,my queries were directly on price and volumes.On quality i would have to hit on my contact again,but that can be raised on Tuesday afternoon as we cast a protest vote,i hope it will be substantial even if it does not carry the day.
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Surealligator
#10 Posted : Friday, August 13, 2010 2:33:42 PM
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Joined: 6/27/2008
Posts: 709
Location: Velayat-e Faryab
cnn wrote:
Limuru tea,output in first half up 87%.EPS up to 19.28 shillings from 0.84 shillings last year,up by 2195%.Not bad.


Before I start celebrating, give me a link to the facts. Are you sure about the .84 cents?
Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own
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cnn
#11 Posted : Friday, August 13, 2010 2:40:23 PM
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@surealligator,you have some Limuru tea,so check last years first half.I have checked again from Reuters and that is the information posted.
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Surealligator
#12 Posted : Friday, August 13, 2010 2:52:16 PM
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Location: Velayat-e Faryab
cnn wrote:
@surealligator,you have some Limuru tea,so check last years first half.I have checked again from Reuters and that is the information posted.


http://af.reuters.com/ar...p;virtualBrandChannel=0

Thank you sir. You were right.
Go overdrive in purchasing the goods when there's blood on the streets, expecially if the blood is your own
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cnn
#13 Posted : Saturday, August 14, 2010 12:25:05 PM
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The results are even sweeter considering the number of shares in consideration is twice last years.I think they must have issued a bonus share.Next up on the tea story is Kakuzi.
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