WILLIAMSON TEA KENYAStaying on the sidelines on Williamson Tea Kenya.
Fundamentally, the tea industry will be a victim of climate change, which has already proven to have a negative impact on tea quality and yield. Plus, we have seen an increase in exports from other tea-producing countries, which has reduced the demand for Kenyan tea.
Technically, the stock price has weak support at the dotted levels. The order book shows signs of weak demand and a whale exit will push the price lower.
