Camellia Share Discussion Threads

[34adsaddsa] 13/5/2023 15:58

The whole company should be liquidated; but it won't be.

[1c3479z] 12/5/2023 06:38

their apple diversification to try to obtain UK earnings is a failure and that's after selling some of their also failing engineering uK businesses,
always considered the supermarkets were far too powerful in negotiating the apple price- they've put the price up 25% in store and given the grower 0.8% this year according to Farmer's today on R4 this week...

[russman] 12/5/2023 06:09

I have just received their annual brick.
An administrative nightmare, gave up counting associates.
Highly inefficient consolidation; tax problems estimated at £12mn.

[russman] 06/5/2023 06:45

44m in cash
sell the properties, sell the Chairman's "collection".
Now the radical suggestion.
Bulk Kakuzi up as a consolidator & give John Kibunga Kimani a seat on the Board, Ethics Compliance Director.

[1tx] 05/5/2023 09:25

Thanks EezzyMunny for giving details of Linton Park;When the estate round the house was sold in 2015 I had not realised CAM was the buyer;this as indicated makes the property far more valuable even if there is a shortage of dodgy Russian buyers at present!

The Bardsley Apple purchase was a total disaster.My understanding is that much of land used is leased this could lead to us paying rent for years in addition even if growing ceases.

I have a modest holding here bought fairly recently at sub £50;but even though the book asset value is vastly higher & the real cost for example of replicating the Tea Estates would be astronomical unless these core businesses actually make a return it is at moment difficult to justify a higher share price even if the value of potentially sellable surplus parts like land,property & investments comes close to present market value.

[arthur_lame_stocks] 04/5/2023 17:00

It's about time a bit more attention was paid to delivering all shareholders some value here.

[russman] 04/5/2023 16:30

£10m impairment on Bardsley.
Seems to be a busted flush.

[eezymunny] 04/5/2023 12:57

Yes, what a trainwreck Bardsley has been.

On a happier note, £30m coming for Linton Park?

[chrisdgb] 04/5/2023 07:00

Bardsley.........eeeeuugghh......

[piedro] 23/3/2023 15:23

Kakuzi books a bumper full-year 2022 profit and dividend harvest



Kakuzi again!! I remember some contributors to this board have been quite rude
about the company and the CEO of Camellia.

AIMO and DYOR

[piedro] 22/3/2023 07:26

RNS Number : 8369T
Kakuzi Ld
22 March 2023

KAKUZI PLC
ANNOUNCEMENT OF GROUP RESULTS FOR THE YEAR ENDED 31 DECEMBER 2022

[boystown] 08/3/2023 07:07

"significant improvement to our expectations"

WTF? Don't CAM realise the tradition for bad news only?

[1tx] 21/2/2023 20:06

As far as I aware Kakuzi is now only traded in Nairobi.It used to be traded on LSE but not in recent years.CAM owns 50.7% of Kakuzi.

[coolen] 20/2/2023 22:50

Still no market-maker quote for Kakuzi, despite Full Listing on the LSE ?

[1tx] 20/2/2023 16:16

Glad to hear that Piedro & probably not before time!!

[piedro] 20/2/2023 15:58

"Let's hope BBC have not been looking at Kakuzi's operations ..."

On the contrary, I hope they do.
Researching the news and web I think you will find that Kakuzi has undergone
a "spring clean".

AIMHO, DYOR, BWDIK.

[1tx] 20/2/2023 14:46

Let's hope BBC have not been looking at Kakuzi's operations as well as those of Finlay (owned by Swire) and Unilever and found anything wrong.It is of course a likely target for investigation following previous problems.It does highlight a problem for CAM.Kakuzi is a listed Kenyan company with outside mainly Kenyan shareholders;albeit with a CAM majority shareholding.Its board of directors & advisory board is made up of Kenyan Nationals with according to their CV's a very high level of expertise & professional qualification with a single CAM appointed non exec.How far should UK Company be held responsible for Kenyan operations?

[crumppot] 20/2/2023 09:18

Is that good for CAM?

[russman] 20/2/2023 06:26

Unilever will be ditching their Kenyan plantations very soon. Too much bad PR.

[piedro] 07/2/2023 14:13

Good move perhaps.

Kakuzi Plc@Kakuzi_Plc
We are pleased to announce that Kakuzi PLC has formally
committed to attending the next FRUIT LOGISTICA
international trade show in Berlin, Germany. This is a
component of a global marketing initiative for Kenyan
avocado exports.


I have been worried about the 'supply vs. demand'
equation for avocados both globally and locally.
Camellia have 377 immature ha. yet to come into
production for 632 mature ha. [cf.An. Report] and
more being planted in S.Africa and Tanzania.

[cjohn] 25/1/2023 12:10

Ok, itx, thank you.

[1tx] 23/12/2022 10:17

As far as I am aware the 330 acres of Linton Parkland is in separate ownership.CAM own the house and immediate listed gardens.

[cjohn] 22/12/2022 22:09

Well, the sale of ACS and T and the possible residential development of Linton park are positive steps forward.

Unfortunately they also say this, "The proceeds from the sale will be applied to support the Group's strategy of focussing its investment activity on its core agriculture operations and for general working capital purposes."

The core agricultural operations are barely profitable and subject to multiple uncertainties. This is re-investing capital into low margin, high risk lines of business.

BTW There is 330 acres of parkland at Linton park as well as the imposing country house. All with various Grades of listing however.

[russman] 21/12/2022 18:32

The Charity's raison d'etre needs to change with the times.