Camellia Share Discussion Threads

[timbra] 09/10/2003 20:39

I really don't understand this.

A market cap of £1million, pre tax profits of £2million.

Share price of 35p, and a dividend of 20p that goes ex div this month.

Whats the catch? Surely its worth buying just for the dividend?

[jhan66] 30/5/2003 14:52

W, Thought your view was too strong to be objective, until I realised you meant it really should be in £'s & ADVFN have it all wrong. 66p dividend next week on a 37p share would have done nicely, never mind.

Company seems reasonably priced and with 55% owned by Camellia AG, I'll only watch for the moment. Nice sector though, very upbeat on these commodities

[washbrook] 30/5/2003 11:20

+0, (£37.50) at 10:10am
30.05.03 :at the AGM chairman said that its operations in India and Bangladesh have made a positive start to the year with reasonable crops and, in the case of Bangladesh, reasonable prices. The Indian tea market continues to be influenced by the ability of bought leaf tea factories to produce tea at a substantially lower cost of production than the organised plantation sector. The company continues to look to the government to ensure that the Indian tea operations operate on a level playing field. El Nino appears to be on the wane, although at the beginning of the current year it contributed to very dry conditions in Kenya and South Africa and crops are somewhat reduced from those anticipated. Tea prices have also been disappointing in the first few months of the year, but the main impact on our tea operations at the moment is the very strong South African Rand, which over the last few months has appreciated by nearly 35%. The profitability of exporters such as Camellia whose products are sold in dollars has been adversely affected. The strong Rand appears to be supported by high real interest rates and until these rates are reduced it is difficult to see any alleviation of the problem. Also disappointing is the continuing low price of coffee on world markets, which presents difficulties for the company's operations in Kenya. Work continues on reducing the cost of production wherever possible. On a more positive note, this year's avocado crop in Kenya should again make a useful contribution to the profits of Kakuzi. The citrus and wine grape operations in Australia are also continuing to experience dry conditions, although it is hoped that this year's navel crop will produce larger fruit which will be easier to market. The SARS epidemic in the Far East has affected some of the wholesale markets, but has not at the moment had any major impact on our exports from Australia into the Asian markets. The strong Rand will also have a detrimental effect on the Western Cape table grape and wine operations. Unseasonal rain has affected the harvest of table grapes in Chile, but the prospects for the citrus and wine grape harvest in that country appear to be reasonable. In the UK the engineering businesses continue to suffer from a sluggish market, although some operations have secured good contracts, which should be completed this year. The cold storage and food distribution operations are still having to combat increased costs, particularly in respect of insurance premiums and labour costs. After an exceptionally good year in 2002, Siegfried anticipates a year of consolidation. Duncan Lawrie operates in a very difficult market at this time, but the company is comfortable with its ability to return to worthwhile profitability when more favourable general market conditions emerge. Climatic conditions and commodity prices remain unpredictable and make it impossible to anticipate with any certainty the likely results for the first half of this year.

[donny b] 11/5/2002 16:56

Thanks ARGY2

[argy2] 11/5/2002 16:30

DonnyB.......try www.dpreview.com

[donny b] 11/5/2002 14:04

I am thinking of buying a digital camera but thought I would ask a few questions for people with a better knowledge than me.

A friend of mine has a Nikon 775 which seems to produce reasonable quality pictures but I found that on dark background colours especially navy there is some pixel like pattens that are very apparent when looked at under a bright light,is this the norm with these cameras or is it the camera itself.Also is there a marked difference between a 2.1 and 3 megapixel camera.

What is the best place on the net for selection and price of digital cameras ?

Many thanks.

[lightning] 18/2/2002 00:47

mi££ions
Since I was brought up to hold doors open for the femail of the species I have found a better response is "I thought I was holding the door open for a lady, clearly I was mistaken". It usually causes them to to be lost for words for a while. Normally around 5 milliseconds! LOL

[mi££ions] 17/2/2002 23:07

Miramax,
Be aware of one thing. If you join the netball team at Cambridge, watch out for the initials on your chest! Originally, The University of Northumbria was to be called the City University of Newcastle-upon-Tyne. Luckily, someone remembered the problem from their Cambridge University netball days and the name was changed!

Fixtures:
10/2/89 LUNT (Lancaster) vs. OUNT (Oxford)
17/2/89 DUNT(Durham) vs. LUNT
24/2/89 LUNT vs. Cambridge

!!!

[bonnard] 17/2/2002 20:32

Sorry - "paint them"

[miramax] 17/2/2002 18:58

" Study the Frencb undergraduates " - Tailgating them?

[bonnard] 17/2/2002 18:50

Miramax,

I work at home near Cambridge. I study the french undergraduates in my spare time. They have plenty of time to model.

Bon

[miramax] 17/2/2002 18:45

Bonnard,

What are you studying at Cam?

[waf] 17/2/2002 18:45

The trouble with getting as bird in the same earnings bracket is that you have no control over her, as she knows that she could walk out on you at any minute.

What you need is a poor lass who relies on you for money and who can't afford to leave you! Even better, a fat poor lass - then not only can she not afford to leave you, but she knows she is too fat to find another man anyway! Bingo!

It's not about "getting them", it's about "keeping them"................

[bonnard] 17/2/2002 18:44

My hobby is painting and the undergraduates in the French dept make very good models.

Bon

[miramax] 17/2/2002 18:42

Most likely you haven't been to Cambridge if you make such comment.

Lancaster is not really in the same league. + if you get funky with a girl at Cambridge chances are they'll be in the same earnings band as you after Uni.... (provided they choose Investment Banking/AM, MCS or similar industry).

[waf] 17/2/2002 18:40

Go to Lancaster - more chance of getting laid!

[miramax] 17/2/2002 14:29

Political Sciences (actually, MPhil in Modern Society and Global Transformations). You have any interesting experiences to share from Cambridge?

[gatecrasher] 17/2/2002 14:28

Miramax, I was wondering what you were planning to study at Cambridge ?