Camellia Share Price (CAM)

It will be interesting to see when they finalize the sale of the BF&M stake or 3'389'000 shares, currently quoted at BM$23.01. That equals $78 million or £61.4, half the current market cap.

Read an article some time ago that the smart money is going after agriculture land. The next hype? Should give some support for Camellia over time imo.

We must be near the bottom imo.

Good results, better outlook - finally the shares take a turn. The stock chart looks even better when the £64.50 can be overcome.

I completely missed posting the excellent news on the trading update on 6th May:
"2021 Results - Full year results in respect of the year to 31st December 2021, which are in line with the guidance
issued in December 2021, are expected to be announced in late May. Outlook for 2022 - Revenues and profits for the year to date are ahead of the same period of 2021 and for the full year are expected to be significantly ahead of that of 2021 and ahead of market expectations. This reflects improved trading conditions in all markets for tea, higher production of macadamia, significantly improved soya prices and our expectation that 2022 will be an “on year” for Hass avocado."
The stock reacted briefly and traded up to 62£, back now to 60£ - probably still good value here, strong balance sheet. Cost inflation, i.e. like UK wage-inflation 13% is everywhere an issue and should be compensated with higher selling prices.