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TEA

Tea Sector: Goodricke Group at 6 year high# Tea Sector undergoing change as most stocks are either near all time high or are hitting all time highs. # Goodricke Group 74% owned by Camellia PLC is trading at 6 year high. # Silently the tea sector has outperformed the markets in last couple of months by giving double digit returns. # With Tea production significantly down this year 2024 than 2023 and prices being up 25%, the sector might be turning up after 20 years. # HUL, Tata consumer all announcing price hike in their Q2 concall, Tea inflation is about to happen on a structural basis it seems. # Highly underowned sector which has been under pressure for more than 10 years. # Not many stocks to play barring Goodricke as Mcleod russel is facing bankruptcy trouble, Jayshree tea has sugar and chemicals business along with Tea while harrison Malayalam has half the business as rubber. So this company appears the only pure play large scale tea company in India. # Its not a buy or sell recommendation just a thought about the developments happening in Tea sector.
BSE:GOODRICKE
by agrwal_amit
Has Nayuki's Tea Moved Too Fast?On the first day of listing, Nayuki (also known as Naixue's Tea) opened 4.75% lower than the issue price, at HKD 18.86, and the largest intraday drop expanded to 11%. As of press time, the total market value of Nayuki's Tea has fallen to HKD 30.34 billion from 32.3 billion. Nayuki's Tea has completed a total of five rounds of funding ahead of the IPO. On June 21, it received its most recent strategic financing of CNY 4.87 billion with China Southern Fund, UBS Fund, China Guangfa Fund and CCB International as joint investors. In recent years, the Chinese tea market has been growing rapidly. According to CBNData, China's new tea market is expected to exceed CNY 110 billion in 2021. The number of consumers of new tea drinks has hit 340 million high. At the same time, it is a competitive market, the survival rate of the industry is relatively low. As of November 30, 2020, there were over 300,000 Chinese 'New Tea' drinking stores, of which more than 130,000 were closed, liquidated, revoked, or de-registered, accounting for up to 43%. From 2018 to 2020, the total revenue of Nayuki was CNY 1.09 billion, CNY 2.5 billion and CNY 3.06 billion respectively, of which the net loss was CNY 70 million, CNY 40 million and CNY 203 million, respectively. According to the prospectus, the main reason for the loss is the continuous expansion of business scale and tea shop network, which requires a large amount of funds to operate and deal with potential business opportunities. Funded in 2015, the Shenzhen-headquartered company has 489 stores over 66 cities in China. The prospectus shows that, in terms of total retail consumption in 2020, Nayuki's tea is the second largest tea shop platform in China's 'New Tea' or high-end ready-made tea shop market, with a market share of 18.9%, second only to HeyTea.
2Short
by EqualOcean
GBPJPY - H1 - Cup of tea sir?This is not a pair or pattern I currently trade, but after I saw the rounded cup shape I ended up playing around with the chart and set about looking for the next potential area of interest if you trade the GBPJPY. There could be an interesting zone for a selling opportunity here in the blue zone with a potential ABCD equal measured move completion, some Fib inversion/extension confluence in the area and we also have the 143.00 and 143.50 psychological levels in there as well. Perhaps one to keep an eye out for?
by bmck1
Advantis Corp. Co-Brands, Launches Natural Elements TeaADVANTIS CORPORATION (OTC PINK: ADVT) is launching the co-branded line of Natural Elements Teas this week. Advantis and California medical marijuana cooperative, Natural Elements, partnered over two years ago in a mutually beneficial arrangement. This partnership has produced co-branded Amstercan strains of cannabis, vapes, THC and CBD derivative extracts, and several more products in development. This relationship has also led to a wider base of cooperatives, cultivators, and members to do business through. Research and development of innovative cannabis derivatives and delivery methods, through the fully licensed cooperatives, has been paramount to Advantis’ growth, success, and compliance. “This year is amazing,” Advantis CEO, Christopher Swartz said. “We will be introducing several products we’ve been developing with Natural Elements, and this tea is a fantastic addition to our existing lineup.”
A
by Jadtecnic