The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» NOTICE TO CLIENTS OF STOCKBROKER FIRMS
Today at 10:07 am by Rana

» Sri Lanka needs real ministers, a real cabinet and a Prime Minister to play monitor
Today at 7:27 am by malanp

» Sri Lanka gold, jewellery price up after tax hike
Today at 12:46 am by nihal123

» LIOC.N0000 (Lanka IOC PLC)
Yesterday at 11:01 pm by spw19721

» Happy Birthday
Yesterday at 9:52 pm by serene

» Aluminium - Snapshot
Yesterday at 1:09 pm by CK

» Sri Lanka stocks end 0.19-pct higher, rupee weakens
Yesterday at 7:22 am by The Invisible

» Sri Lanka's central bank among top inflators in Asia in 2017
Yesterday at 7:20 am by The Invisible

» Sri Lanka, IMF reach deal for next six months; fuel pricing key
Yesterday at 7:19 am by The Invisible

» Sri Lanka’s Cargills Bank to list in 2020
Sun Apr 22, 2018 10:24 pm by The Invisible

» Colombo Tea Auction Statistics - Q1 17 Vs Q1 18
Sun Apr 22, 2018 11:40 am by lanka

» Sri Lanka Telecom sees data revenue growing, margins falling
Fri Apr 20, 2018 10:54 am by The Invisible

» රු. බිලියන 11 ක කොටස් ජනශක්ති ඉන්ෂුවරන්ස් යළි මිල දී ගනී
Fri Apr 20, 2018 10:53 am by The Invisible

» Sri Lanka’s eChannelling offers video medical consultations, drug delivery
Fri Apr 20, 2018 10:28 am by The Invisible

» තෙල් බැරලය ඩොලර් 100 ට යන ලකුණු?
Fri Apr 20, 2018 8:39 am by කිත්සිරි ද සිල්වා

» Sri Lankan stocks end lower, foreign buying in CCS
Fri Apr 20, 2018 7:31 am by The Invisible

» බැංකු යනවා නම් උදෙන්ම යන්න – හෙට බැංකු වරුවයි
Thu Apr 19, 2018 10:49 pm by nihal123

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Thu Apr 19, 2018 8:29 pm by pjrngroup

» Films - To Watch List
Thu Apr 19, 2018 8:12 pm by pjrngroup

» Sri Lanka 01-year Treasuries yield drops to 9.65-pct
Thu Apr 19, 2018 7:29 am by yellow knife

» Sri Lanka's TAFL says exports of parent chicks up, weak domestic demand
Thu Apr 19, 2018 6:09 am by The Invisible

» Sri Lanka stocks gain 0.12-pct, rupee steadier
Thu Apr 19, 2018 6:07 am by The Invisible

» Russia Sanctions Throw Global Aluminum Supply Chain Into Chaos
Wed Apr 18, 2018 11:27 am by sashimaal

» Sri Lanka economy to rebound, delaying reforms pose risks: World Bank
Tue Apr 17, 2018 7:28 am by The Invisible

» Sri Lanka's central bank fires salvo against cryptocurrencies
Tue Apr 17, 2018 7:25 am by The Invisible

» Sri Lanka hotel group Citrus Leisure to drop Kalpitiya hotel
Mon Apr 16, 2018 11:06 am by lanka

» Sri Lanka's CPC losse Rs9.8bn on fuel sales in two months
Mon Apr 16, 2018 7:20 am by yellow knife

» Sri Lanka US$2.5bn bond timing brought strong demand: Standard Chartered
Sun Apr 15, 2018 9:39 pm by The Invisible

» Sri Lanka President buys time for political manoeuvring
Sat Apr 14, 2018 10:19 am by කිත්සිරි ද සිල්වා

» IMF head warns China on exporting debt through 'Silk Road' amid Sri Lanka troubles
Fri Apr 13, 2018 7:49 am by The Invisible

» ශ්‍රී ලංකාවේ ණය බර ස්වාසිලන්තය, රුවන්ඩා, ඉතියෝපියාව අභිබවයි
Fri Apr 13, 2018 12:19 am by CK

» Sri Lanka to revive oil exploration, bidding round in May 2018
Thu Apr 12, 2018 9:16 am by The Invisible

» Sri Lanka cabinet re-shuffle talks ongoing: Rajitha
Thu Apr 12, 2018 9:12 am by The Invisible

» Sri Lanka sells record US$2.5bn in 5, 10-year sovereign bonds
Thu Apr 12, 2018 8:01 am by The Invisible

»  5000 Post Milestone - Congratulations
Wed Apr 11, 2018 11:56 pm by The Invisible

» Elsewhere vs SL : Honesty, Social responsibility , Word twisting and Decency
Wed Apr 11, 2018 11:40 pm by The Invisible

» Hello and CSE ?
Wed Apr 11, 2018 11:24 pm by The Invisible

» Dividend Announcement
Wed Apr 11, 2018 10:14 am by nihal123

» සංචාරකයින්, විදෙස් ශ්‍රමිකයින් ලංකාවට ඩොලර් ගෙනාවේ මෙහෙමයි
Wed Apr 11, 2018 8:26 am by කිත්සිරි ද සිල්වා

» රෝයල් ෆර්න්වුඩ් සමාගමේ ණය, දංකොටුව ‘කොටස්‘ කරයි
Tue Apr 10, 2018 10:00 pm by nihal123

» MBSL ඉන්ෂුවරන්ස් ආයෝජකයාට නියාමකයින් හරහට හිටී
Tue Apr 10, 2018 9:59 pm by nihal123

» වසරේ මුල් මාස 03 ට පැමිණි විදෙස් සංචාරකයින් සංඛ්‍යාව ලක්ෂ 7 ඉක්මවයි
Tue Apr 10, 2018 8:35 pm by nihal123

» Building an automated trading system from scratch
Tue Apr 10, 2018 9:41 am by CK

» ලංකාවේ සුපිරිම දුම්රිය ස්ථානය
Tue Apr 10, 2018 8:38 am by කිත්සිරි ද සිල්වා

» CSE Ahead : Post No confidence motion + CB actions
Mon Apr 09, 2018 9:49 am by Yin-Yang

» මහ බැංකුව නිත්‍ය ණය පොළිය අඩුකරන්න හේතු වූ කරුණු මෙන්න
Wed Apr 04, 2018 2:31 pm by nihal123

» Expert says debt repayment levy ends up 0.25% on financial VAT
Fri Mar 30, 2018 1:56 pm by TraderCSE

» ලංකාවට ජීඑස්පී දෙන්න ඩොනල්ඩ් ට්‍රම්ප් එකඟ වෙයි
Thu Mar 29, 2018 11:11 pm by spw19721

» ඇඳුම ලක්ෂ 3හමාරයි! ඔරලෝසුව ලක්ෂ 50යි! සොෆ්ට්ලොජික් හිමිකරු පිටුපස කතාව මෙන්න..!
Thu Mar 29, 2018 4:11 pm by AjithR

» Banking Sector Outlook-
Thu Mar 29, 2018 1:38 pm by SAFEER

April 2018
SunMonTueWedThuFriSat
1234567
891011121314
15161718192021
22232425262728
2930     

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

TPL.N0000 (TALAWAKALE PLANTATIONS )

Page 1 of 4 1, 2, 3, 4  Next

Go down

TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 7:38 am

Warning 

The share I am going to talk TPL will go down in price by at least Rs 3 immediately after XD.. So its not for trading immediately..

Salary revision and uncertainty situation of the buyer nations will act adversely so its not a buying recommendation for those who think long term means less than two years..

TPL.N is identified by Hunter by executing his alchemist formula..My effort here is to do a deep analysis which is quantitative as well as qualitative by nature..


Last edited by yellow knife on Tue Jul 07, 2015 7:45 am; edited 2 times in total (Reason for editing : to start another thread with the same name)

yellow knife
Top contributor
Top contributor

Posts : 5764
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 7:50 am

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 5764
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 7:52 am

Group Revenue has continuously gone up and 2014 is missing in above chart as 2015 is taken as 15 month .
Therefore the chart will give a slightly distorted pattern at the end. I took the information from ten year summary of the annual report of TPL

yellow knife
Top contributor
Top contributor

Posts : 5764
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by First Guy on Wed Jun 24, 2015 7:57 am

yellow knife wrote:Group Revenue has continuously gone up and 2014 is missing in above chart as 2015 is taken as 15 month .
Therefore the chart will give a slightly distorted pattern at the end. I took the information from ten year summary of the annual report of TPL

If you want a number to compare correctly, you can deduct the March quarter revenue from the 15 month figure to get the "2014" revenue.

I think they are going to change the accounting year end to March from December or already have.
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 8:51 am

Yes FG. they have added three months to 15 months and from next year they may shift to a March Company from the current December end.. However when evaluating above chart the Group revenue has been steadily going up.

yellow knife
Top contributor
Top contributor

Posts : 5764
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 8:57 am

The Chart below shows an Historical Overview of Sri Lankan tea industry. The production level of tea in the country for last 15 years has been remaining rather constant. 340 Million Kilograms was the maximum production of tea recorded and the lowest was 289.7 Million Kilograms. The variations are due to weather patterns and other than that overall production was not growing in the tea sector..

GSA means the gross sales average. this is the average sale price obtained over a period of time for a kilo of produce before any deductions such as Brokerage etc.

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 5764
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 9:02 am

YearTea ProductionGSAGSA
Mn.Kg.High GrownLow Grown
2000305.8128.46144.79
2001295135.56154.5
2002310141.73160.55
2003303.2138.31160.86
2004308.1171.78189.86
2005317.2172.24199.01
2006310.8204.58204.5
2007304.6252.46298.66
2008318.4273.83336.38
2009289.7319.73387.07
2010331.4338.33392.48
2011327.5329.95381.27
2012326.2375.53407.14
2013340402.98469.91
2014338420.36488.06

yellow knife
Top contributor
Top contributor

Posts : 5764
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 9:12 am

Now we have seen that TPL.N is recording continuous increase of Revenue.. Yet when we analyze the overall tea production of the country its rather stable.

Revenue generates from only two things : Price and Quantity

R=P*Q

If the quantity remains constant then the price should go up to generate an increase of revenue. As per the published information of Gross Sales Averages of Low Grown has overtaken High Grown Sales Averages..

yellow knife
Top contributor
Top contributor

Posts : 5764
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 9:39 am

The annual production of 338 Million Kilograms of 2014 consist of following sub sectors 

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 5764
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 10:56 am

Sri Lanka's contribution to global tea production

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 5764
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 11:13 am

When the total National Tea Production of Sri Lanka remains stagnant around 330 million kilograms per annum, TPLs tea production remain at 7 million kilo grams per annum and GSA has remained well below Rs 500.00


201420132012
ProductionKilograms7,025,8427,291,1787,654,863
GSARs/Kg494.64467.77415.55

yellow knife
Top contributor
Top contributor

Posts : 5764
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 11:16 am

One challenging aspect of Plantation Industry is its sources of Revenue namely price and quantity is well beyond the control of a company.

Climate and weather patterns decide the quantity and that is beyond the control of the company.

Price is decided at the auction and its based on international market and that aspect is also beyond control.

yellow knife
Top contributor
Top contributor

Posts : 5764
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 11:27 am

In this backdrop success of a plantation firm depends on effectively managing cost. That's where plantations of Richard Peiris Group namely Namunukula and Kegalle do not spend much even on annual report printing.

TPL.N is differently managed that they even grab the CA awards for annual reports. Annual Report of TPL.N 2014/15 is also very informative and also should have been an expensive effort.

yellow knife
Top contributor
Top contributor

Posts : 5764
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 11:36 am

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 5764
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 11:44 am

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 5764
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 11:47 am

In 2011 and in 2009 company was making negative earnings..


2015201320122011201020092008200720062005
EPS10.087.319.09-2.176.21-0.944.64.193.384.44
Dividend 332.502.501.2502.51.5

yellow knife
Top contributor
Top contributor

Posts : 5764
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 11:51 am

Net Assets Per Share was continuously going up for last 10 years

[You must be registered and logged in to see this image.]


Last edited by yellow knife on Wed Jun 24, 2015 11:57 am; edited 1 time in total (Reason for editing : 15 to 10)

yellow knife
Top contributor
Top contributor

Posts : 5764
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 12:08 pm

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 5764
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 12:14 pm

One good strategy followed by many good companies like TJL is reducing the debt to reach almost zero.

TPL.N seems to slowly getting rid of debt.

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 5764
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 12:53 pm

Following Chart shows top ten Sri Lankan Tea Buyers

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 5764
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 1:00 pm

Above chart shows the real problem with Sri Lankan Tea

Once Dr Rohantha Athukorala wrote an essay about the changing pattern of Sri Lankan tea buyers position. First it was England that became the first. Next Japan. Now that's Russia and Middle East. His argument was that the we could not maintain the big buyers. But I see it differently that the disposable income level of the countries. Those who can afford expensive tea are changing with the national economic growth.

Now the problem we are facing is UNCERTAINTY in our main buyer countries. Russia, Iran , Libiya and Syria as well as Iraq is facing economic problems thanx to so called JATHYANTHARAYA...

The Geo Political issues is the main concern for SL Tea and thats identified clearly in TPL annual report create another

yellow knife
Top contributor
Top contributor

Posts : 5764
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 1:02 pm

Further the economic uncertainty in above countries create another problem. That is devaluing of the buyer nations currency which make SL TEA expensive to the buyer.

yellow knife
Top contributor
Top contributor

Posts : 5764
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 1:07 pm

Sri Lankan Rupee appreciation against Russin Ruble was 41% and against Iranian Rial was 9.4% which made SL Tea expensive in respective countries.

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 5764
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 1:13 pm

so when we say exporters will get benefit with Rupee depreciation against USD, tea industry will not get that much benefit...

yellow knife
Top contributor
Top contributor

Posts : 5764
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 1:38 pm

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 5764
Join date : 2014-03-27

Back to top Go down

Page 1 of 4 1, 2, 3, 4  Next

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum