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big correction in store i am told ...
Posted by :
raamani
Irrespective of the short term price movements, I am a big fan of the owner and his management style, which focuses on cost advantage and has a long term vision. on the short term the idea of diversying into food grains from rose may not be very good for earning but i am sure the company is doing the right thing by sowing the seeds at the right time for a good harvest. Huge and cheap land base in African countires plus climate conditions I think will keep them in an advantagous position for a long long time. Compare that to the Bangaloare / Holland costs and you will see why. Feel free to conter my views
Ramani...
big correction in store i am told ...
Posted by : raamani
Irrespective of the short term price movements, I am a big fan of the owner and his management style, which focuses on cost advantage and has a long term vision. on the short term the idea of diversying into food grains from rose may not be very good for earning but i am sure the company is doing the right thing by sowing the seeds at the right time for a good harvest. Huge and cheap land base in African countires plus climate conditions I think will keep them in an advantagous position for a long long time. Compare that to the Bangaloare / Holland costs and you will see why. Feel free to conter my views
Ramani...
Karuturi Global Vows to Make Ethiopia World’s Leading Flower Exporter!!
Posted by :
alfsrequal
Addis Ababa (October 13, 2009) - Sai Ramakrishna Karuturi , Managing Director of Karuturi Global of India vowed to make Ethiopia the leading cut flower exporting country in the world.
In an exclusive interview with ENA on Monday, Company Managing Director, Sia Ramakriskna Karuturi said his company, which is engaged in flower farm development on 50 hectares, has planed to expand on 50 more hectares beginning until December.
The Director said the company would cover fully the 435 hectares of land it took in Wolliso Town with flower farm by 2011.
The director said when the Wolliso o flower farm is fully developed by 2011; it will make Ethiopia the leading cut flower exporter in the world.
The director said currently 125, 000 cut flowers are produced from Holeta and Woliso farms per day. The volume of export will be increased from time to time.
The company has begun exporting cut flowers from Ethiopia to the Middle East, Holland and Russia since 2006.
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Karuturi Global Vows to Make Ethiopia World’s Leading Flower Exporter !
Posted by : alfsrequal
Mr Ramakriskna said the Company has also palm tree, sugarcane and rice farms in Etang, Gambella State covering 300,000 hectares, and 11,000 corn and vegetable farms in Bako, Oromia State, he said.
The director said the Gambella project in which 350 million USD is invested would develop cereals, oilseeds, palm oil, sugar and rice on 100,000 hectares of land in the coming three years.
He said the rice and maize production would be used for consumption in domestic and COMESA region.
The company has shelled out 490 million USD on all farms launched in Ethiopia.
The company has created jobs for 3000 people in all project areas so far.
Ramakrishna said the Ethiopian government officials are very supportive for what his company is doing.
The company is operating in Kenya, Dubai, Holland and India in the areas of floriculture, agro-based products, food processing, IT and others.
Source: ENA
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photographs in web site well taken =====================they are like our realty friends bros ===============...
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Posted by :
happyconsultanthold it for 15 months ; six fold returns ...
400 debt vs 45
Posted by :
gkmurthy1748400 cr rs debt ================another 5000 cr rs to develop the land on the other side of arabian sea ==============have 100:1 as rights at 12 rs ================be happy ===============purchase a boat ============= sculling across arabian sea would be a nice experience...
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Posted by : Amar NairAm no expert - However with the amount you have invested in KG doesnt look like you need the petty change you would get by selling the share.Why not hold it for a longer period of time and book better profits...
ambani
Posted by : gkmurthy1748rivers and corruption go together =================from santiago they will stuck up at panama ==================beware =====================...
Insider Trading ???
Posted by : gkmurthy174815 years ago a friend pressurised me to purchase those teak plantations ================those papers are still with me ================they did not give me 6 feet log so far ============ so i am practical ================...
upcoming company,mustbuy
Posted by : Guest
must buy as this is one of the upcoming companies in near future.....stock price may reach 24 in near term
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Insider Trading ???
Posted by : suresh10973this is not insider trading.it is basically the promoters taking equity as part of the preferential allotment given to them at rs 12 per share and bring more capital into the company. Mr Murthy seems to have a horrible experience with his investments and seems to be giving unwarranted opinions about the company. Mr Murthy please be practical....
Can anyone help
Posted by : GuestI have 200pc`s KGL at Rs.15.35 what should i do ...
Insider Trading ???
Posted by : jpmodiyilShares531687 Karuturi Global Ltd Karuturi Sai Ramakrishna 28/10/2009 B 22800000 acquired by the promotor- details from a web site...
