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Limuru Tea FY 2014 revenue down 11% hence the loss
muganda
#1 Posted : Tuesday, April 07, 2015 3:59:06 PM
Rank: Elder

Joined: 9/15/2006
Posts: 3,907
Seems it's better to invest in coffee... or no agricultural at all - pity.
The 1/= dividend can be used for sugar smile

http://ge.tt/1F9W50E2/v/0
lochaz-index
#2 Posted : Tuesday, April 07, 2015 5:47:01 PM
Rank: Veteran

Joined: 9/18/2014
Posts: 1,127
This is one of those stocks in the nse that consistently punch way above its weight with no underlying reasons/justification.
The main purpose of the stock market is to make fools of as many people as possible.
Pesa Nane
#3 Posted : Tuesday, April 07, 2015 6:10:25 PM
Rank: Elder

Joined: 5/25/2012
Posts: 4,105
Location: 08c

Dividend of Ksh. 1.00
Register closes 17 April 2015

AGM 29 May 2015
Pesa Nane plans to be shilingi when he grows up.
ayushnehra
#4 Posted : Tuesday, April 07, 2015 7:27:30 PM
Rank: Member

Joined: 1/4/2015
Posts: 153
Random ..but could someone please educate me how Income tax is calculated? i.e. % of what?
Dreams are not the thing you see in your sleep..it's the thing that doesn't let you sleep. - A.P.J. Abdul Kalam
Mucene
#5 Posted : Wednesday, April 08, 2015 8:47:15 AM
Rank: Member

Joined: 8/4/2012
Posts: 155
Location: Kenya
ayushnehra wrote:
Random ..but could someone please educate me how Income tax is calculated? i.e. % of what?


Its calculated as a percentage of taxable profits the company makes. Taxable profits are usually different from accounting profits companies report because of different treatment of some expenses and incomes between the taxman and the accounting standards
If you don't want to go to plan B have a good plan A.
ayushnehra
#6 Posted : Wednesday, April 08, 2015 10:43:25 AM
Rank: Member

Joined: 1/4/2015
Posts: 153
Mucene wrote:
ayushnehra wrote:
Random ..but could someone please educate me how Income tax is calculated? i.e. % of what?


Its calculated as a percentage of taxable profits the company makes. Taxable profits are usually different from accounting profits companies report because of different treatment of some expenses and incomes between the taxman and the accounting standards


Asante @Mucene I'm still new in this so trying to understand..I always thought income tax is just a small percentage of your net profit that the government keeps..Guess as in your explanation there is more to it..! Thank you..!
Dreams are not the thing you see in your sleep..it's the thing that doesn't let you sleep. - A.P.J. Abdul Kalam
Mucene
#7 Posted : Wednesday, April 08, 2015 12:05:08 PM
Rank: Member

Joined: 8/4/2012
Posts: 155
Location: Kenya
ayushnehra wrote:
Mucene wrote:
ayushnehra wrote:
Random ..but could someone please educate me how Income tax is calculated? i.e. % of what?


Its calculated as a percentage of taxable profits the company makes. Taxable profits are usually different from accounting profits companies report because of different treatment of some expenses and incomes between the taxman and the accounting standards


Asante @Mucene I'm still new in this so trying to understand..I always thought income tax is just a small percentage of your net profit that the government keeps..Guess as in your explanation there is more to it..! Thank you..!


@ayushnehra Karibu sana
If you don't want to go to plan B have a good plan A.
VituVingiSana
#8 Posted : Thursday, April 09, 2015 4:40:23 AM
Rank: Chief

Joined: 1/3/2007
Posts: 18,353
Location: Nairobi
This is about the land not the tea. Limuru is practically part of Nairobi now. It is easier/faster to travel from Limuru to Westlands than Westlands to JKIA!
Greedy when others are fearful. Very fearful when others are greedy - to paraphrase Warren Buffett
Mainat
#9 Posted : Thursday, April 09, 2015 6:21:50 AM
Rank: Veteran

Joined: 11/21/2006
Posts: 1,590
PAT flat for the year.
DPS is 50ct
Sehemu ndio nyumba
sparkly
#10 Posted : Thursday, April 09, 2015 8:35:55 AM
Rank: Elder

Joined: 9/23/2009
Posts: 8,083
Location: Enk are Nyirobi
Mucene wrote:
ayushnehra wrote:
Random ..but could someone please educate me how Income tax is calculated? i.e. % of what?


Its calculated as a percentage of taxable profits the company makes. Taxable profits are usually different from accounting profits companies report because of different treatment of some expenses and incomes between the taxman and the accounting standards


Provisions added back or previous writeoffs recovered?
Life is short. Live passionately.
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