Camellia Share Discussion Threads

[cjohn] 27/9/2021 15:25

flyfisher

"It looks to me that the company should divest many non core and investment assets and focus on its core strengths, if it has any!"


They said in the last report that that is what they're intending to do.

I've picked up 200 more shares this morning. Happy to buy more, when there's such a discount to TBV.

I agree with previous posters that they are long-term under-performers; so in theory, there is huge scope for improvement.

[loganair] 20/9/2021 12:13

Not surprised to see Camellia share price up when much of the stock market is down today.

[crumppot] 20/9/2021 08:36

The Camellia PT is owned by Gordon Fox, who is de facto the main shareholder in Camellia. He has been involved in the company for many years

[loganair] 19/9/2021 15:23

Is there an over supply of tea? and they have just got into Apples in a big way.

When it comes to tea, maybe it's worth while Camellia becoming more vertically integrated as a retail customer to buy tea it costs me up to 20x's the tea exchange sale price.

Have any idea of exactly what the Camellia Private Trust is as I'm unable to find any information about it other then its registered in Bermuda?

I'm only looking at Camellia as apart from Palm Oil plantations, there seems to be no other agricultural commodity company listed on the FTSE.

[flyfisher] 19/9/2021 13:48

Are the reduced tea margins a result of the legislative increase in wages combined with oversupply. If oversupply continues it will be difficult to increase prices and restore margins.

It looks to me that the company should divest many non core and investment assets and focus on its core strengths, if it has any!

With 51% in the hand of a bermuda trust, it seems to be run as a family trust and probably is listed mainly for tax planning purposes.

[loganair] 19/9/2021 13:27

Hopefully their margins will return to somewhere where there were for year ending 2018 and before as the last two years has seen quite a steep drop.

[piedro] 19/9/2021 10:58

From the Interim Report ...



- I believe this was the first time we have been given profit figures
- brown numbers are my calculations

We can see that the margins are quite capricious and I ask myself
"Will there come a time when they will excuse themselves with 'intense
competition,' (over supply), with these products?"

[loganair] 18/9/2021 08:57

Quaero hold Camellia in their Argonaut Fund:

Quaero Capital Funds (Lux) – Argonaut is a Deep Value Equity Fund that aims to produce substantial capital growth, by investing in micro capitalization mis-valued companies quoted on European stock markets. The fund focuses particularly on little-known or poorly followed smaller companies and situations that have been ignored by mainstream investors (often because they are considered to be too small to be of interest). The fund is managed with a rigorous “Value Investing” philosophy, aiming to limit potential downside in the selected shares, ensuring a “margin of safety”. As a result, after more than 10 years since launch the fund has showed itself to be counter-intuitively resilient during market falls. This “Long Only” fund is alternative by nature, but traditional by structure. It is not tied by country, index or sector weightings and invests opportunistically as situations arise.

[loganair] 18/9/2021 08:29

I notice that the directors hardly own any shares in the company while Camellia Private Trust hold 51.67%, Fide Holding NV of Belgium 13.05% and Quaero Capital 5.34%.

Camellia may not be the best agricultural commodities company however, a part from Palm Oil Plantations, they seem to be the only UK listed agricultural commodities company.

[flyfisher] 18/9/2021 07:56

Random comments.

The investment portfolio heavily under performed in the last reporting period, putting on only 1.4% against nearer 11% from the ftse 250.

Strange to find O&G in the asset mix.

CRS held a position in CAM a while ago that may be an overhang, as CRS is itself under pressure to liquidate.

It seems like an old boys club that needs breaking up, CRS were the activist but made no progress.

[loganair] 17/9/2021 21:25

I've heard several times this year in the up and coming what is going to happen that one of the best places to invest in is agricultural commodities. Bill Gates also buying up so much farm land to become the biggest private farm land owner in the world.

I would appreciate the thoughts of other posters about Camellia and the commodities they grow as they seem to be possibly the only UK listed company that's in the agricultural commodity producer who is not a oil palm plantation which I'm not interest in.

[piedro] 02/8/2021 09:38

Bardsley England film

[piedro] 22/6/2021 15:58

Tea Board of India auction to commemorate International Tea Day
A special lot from Goodricke’s Badamtam tea estate in Darjeeling fetched the highest price among all the categories auctioned on Monday ... ...

[piedro] 03/6/2021 12:35

Trading Statement...

As always, our financial results remain largely dependent on Agriculture where the majority of harvesting, and hence sales, takes place in the second half of the year. It is therefore too early to give a firm indication of the likely results for 2021 however the factors discussed above suggest the results for the year will be approximately £2 million below market expectations.

The Board of Camellia is also very much aware of the recent share price performance, which it believes is largely driven by the weakness in tea prices globally. Whilst there is little we can do regarding the tea price, a programme is being undertaken to review all non-core investments and other options with a view to maximising value for the Group and reducing UK costs. Additional detail will be issued in due course and as appropriate.

- I hope they will be able to pull out of most of their sluggish operations; they have been held back for too long.

[piedro] 25/5/2021 14:52

A short interview ...

Kakuzi Plc@Kakuzi_Plc
·We have an extension service team and continue to constantly interact with smallholder farmers...
Chris Flowers, MD Kakuzi

Gladys: How do you get in touch or identify smallholder farmers to work with?

[piedro] 14/5/2021 15:26

INVESTOR
PRESENTATION
MAY 2021


- first time I've seen one of these
- and the accounts were friendlier - IMO

[ntv] 10/5/2021 15:33

Cheers Piedro

[piedro] 10/5/2021 13:44

NTV re:#265,
"I can't find that on page 31 of the accounts"

That was from the 'Final Results' published 04/05/2021
In the Annual Report, top of pp, 37

[ntv] 10/5/2021 09:46

Piedro
I can't find that on page 31 of the accounts
The company could have used it's heritage to produce it's own tea into supermarket cafes/deli shelves to cut out the middle men years ago instead of bragging about market share
They are custodians of their own jobs like so many of the old school companies that are still listed
They could easily treble the dividend using some of that spare cash
Commodities have been booming recently but they haven't
They could have invested some of that cash in the big drop in the market and made substantial returns for the company
Sadly they have poor vision
Really they should divulge more detail of the assets they own otherwise how do shareholders know whether they are sold at fair value
It is sad they can't be more open to minority shareholders as has secrecy breads mistrust into why would you hide true asset value? What is the doing of it?

[piedro] 05/5/2021 15:35

Something to look forward to ...

Board Evaluation
"The Board has agreed to undertake a performance evaluation by way of internal review every three years. The last evaluation was conducted in 2018. Details of the next review will be disclosed when the next review is completed at the end of 2021."
{from: Final Results, pp.31}

[ntv] 04/5/2021 21:24

Nett assets fell during the year
As custodians of the various businesses they own, the management has certainly let things slip again
Must try harder C-

[nerdlinger] 29/4/2021 17:35

rns:

Camellia Plc will announce its final results for the year to 31 December 2020 on 4 May 2021.
The Annual General Meeting of the Company will be held on Thursday, 3 June 2021 at 12.00
p.m

[scepticalinvestor] 27/4/2021 19:04

They did say update in April so has to be this week...