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The Limuru Tea Co. Plc (NSE: LIMT)

Nigel Firth
Nigel Frith trader
Updated 29 May 2024

What is The Limuru Tea Co. Plc

The Limuru Tea Co. Plc is a Kenyan company that is involved with the cultivating of green leaf tea and is an out-grower to Unilever Tea Kenya Limited (UTKL). UTKL holds 52% of the issued share capital of Limuru Tea and operates as the company’s managing agent in the growing, manufacturing, sales and marketing of its teas.

The Limuru Tea Co. Plc has its headquarters in Kericho, Kenya and its portfolio of activities include crop farming, coffee and tea manufacturing as well as other grocery and related products and as merchant wholesalers.

The history of The Limuru Tea Co. Plc goes back to 1895, when it was founded. Today, the Limuru Tea Co. Plc owns more than 700 acres of prime agricultural land a few kilometres east of Limuru town. The tea estate green leaf is manufactured in the Unilever Tea Kenya Mabroukie factory from where it is mainly sold for export.

The Limuru Tea Co. Plc’s equity stocks are for sale online on the Nairobi Securities Exchange (NSE) under the stock symbol LIMT.

Gerridina Johanna Maria Ten Den is the current CEO of The Limuru Tea Co. Plc and the company forms part of the Agriculture Industry, Consumer Goods Sector.


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The Limuru Tea Co. Plc

The Limuru Tea Co. Plc Stock Performance

The current price for The Limuru Tea Co. Plc stocks is 320.00 KES. The company has a total market capitalisation of 384 million KES, with a P/E ratio of -209.15 and earnings per share of -1.53 KES. A total of 1.2 million shares are outstanding.

According to an analysis of The Limuru Tea Co. Plc’s latest trading data its Gross Turnover was 6.24 million. Financial results showed that The Limuru Tea Co. Plc experienced a 4 week growth of 6.67%, after a decline of 5.88%       over 3 months, 11.1% over 6 months and 16.9% over the previous year. The YTD decline is still about 11.1%.

With a possible increase of earnings per share and expected profits in the future, investors who want to buy or sell The Limuru Tea Co. Plc stocks can look forward to better dividends and earnings in years to come.

According to an analysis on the live chart of The Limuru Tea Co. Plc, analysts forecast further improvement in performance for the consumer goods sector with market share growing as trading volumes may increase.

Highlights of The Limuru Tea Co. Plc in 2021

The Limuru Tea Co. Plc opened the year with a share price of 360.00 KES, but it has lost 11.1 % in value on its price valuation, ranking 53rd on the NSE with its year-to-date performance.

Shareholders’ fears may be reassured by a 7% increase of the LIMT share price since 13 August, which was the 16th best on the NSE.

The Limuru Tea Co. Plc is currently the 47th most-traded stock on the NSE and it has experienced a total trading volume of more than 103,300 shares, which were finalized in 28 deals, and valued at a total of 32.3 million KES over a period of three months from June to September 2021, with an average of 1,640 shares in each of the trading sessions. For the same period a volume high of 37,800 was achieved on 4 August.  The current Return on Investment for The Limuru Tea Co. Plc is – 0.58 and Return on Equity is – 0.53.

The Limuru Tea Co. Plc experienced a 52 Week high stock price of 400.00 KES and a 52 Week low price of 260.00 KES, a 52 week decline of -16.88 %. The Year to date decline is -11.11%.

How to buy The Limuru Tea Co. Plc stocks – Step by Step

The stock market is still one of the most popular financial markets that attracts millions of retail investors and participating traders daily. To buy, sell or trade The Limuru Tea Co. Plc stocks, traders and investors should follow a few easy steps:

  • Select a forex broker that offers access to the Nairobi Securities Exchange (NSE).
  • Review the broker's trading conditions, fees, deposit and withdrawal methods, trading platform, customer support, regulation, and other components to ensure that they are aligned with your trading
  • Open a live trading account with the broker by completing the online application form and providing the necessary documentation to verify the trading
  • Find the symbol of the share that you want to buy, in this case, ” LIMT”.
  • You can start by making your first share purchase through the broker.
  • You can now continue to buy more shares to build and diversify your portfolio.

FAQs

The Nairobi Securities Exchange the Stock Exchange in Kenya that was established in 1954 in Nairobi. At the time it was a voluntary association of stockbrokers in the European community and was registered under the Societies Act in British Kenya.

Nigel Firth
Nigel has been in the regulated financial services industry for nearly a decade, has previously owned a financial brokerage and has written many times for sites relating to personal finance and trading.