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

Display results as :
 


Rechercher Advanced Search

Latest topics
» Obituary Notice.
Today at 9:16 am by කිත්සිරි ද සිල්වා

» රුපියල 161.54ට යයි
Yesterday at 10:34 pm by nihal123

» PABC.N0000 (Pan Asia Banking Corporation PLC)
Yesterday at 2:14 pm by lanka

» Dividend Announcement
Yesterday at 9:53 am by yellow knife

» අනං මනං! #/+?.<>
Wed Aug 15, 2018 12:49 pm by Ethical Trader

» ආදායම් බද්දෙන් ආසිරි තැලෙයි
Wed Aug 15, 2018 12:30 pm by Ethical Trader

» Sri Lankan listed firms told to pay dividends directly to shareholder bank accounts
Tue Aug 14, 2018 2:38 am by pjrngroup

» Sri Lanka's Hayleys group to sell assets to reduce debt
Mon Aug 13, 2018 10:05 pm by nihal123

» අපේ දුම්රිය සේවය තැබු ලෝක වර්තාව; වර්ජනයේ අරමුණ රුපියල් 11605 කින් පඩි වැඩිකර ගැනීම!
Mon Aug 13, 2018 3:05 pm by Yin-Yang

» Elsewhere vs SL : Honesty, Social responsibility , Word twisting and Decency
Sun Aug 12, 2018 9:47 am by කිත්සිරි ද සිල්වා

» "මාව පෙළඹෙව්වේ සංගක්කාර" - ඉන්දීය ක්‍රිකට් ක්‍රීඩිකා ස්ම්‍රිති මන්දනා
Sat Aug 11, 2018 5:08 pm by Ethical Trader

» Sri Lanka's Ceylon Tobacco net up 47-pct, volumes grow
Fri Aug 10, 2018 5:19 pm by Ethical Trader

» Sri Lanka's Tokyo Cement in the red, vessel sale adds to loss
Fri Aug 10, 2018 2:27 pm by The Invisible

» Sri Lanka’s Watawala Plantations June net down 57-pct
Fri Aug 10, 2018 2:26 pm by The Invisible

» Sri Lanka’s Aitken Spence Hotel June quarter losses rise 22-pct
Fri Aug 10, 2018 2:23 pm by The Invisible

» ඩොලරයේ වැඩිම විකුණුම් මිල අද වාර්තා වෙයි
Fri Aug 10, 2018 9:00 am by Ethical Trader

» BOC New Internet Banking System
Wed Aug 08, 2018 6:29 pm by Rana

» PB. N0000 (People's Bank)
Wed Aug 08, 2018 11:55 am by Ethical Trader

» දේශපාලනික වාසි උදෙසා සිදුවන ප්‍රතිපත්ති වෙනස්වීම් ගැන මහ බැංකුව මෙසේ කියයි
Wed Aug 08, 2018 11:34 am by Ethical Trader

» Amazing හෙළ වෙදකම
Wed Aug 08, 2018 11:00 am by Ethical Trader

» විදේශිකයෝ ඩොලර් මිලියන 229 ක බැඳුම්කර ආයෝජන ඉවත් කර ගනිති
Tue Aug 07, 2018 12:22 pm by Ethical Trader

» මූල්‍ය සමාගම් ඒකාබද්ධ කිරීම වක්‍රාකාරයෙන් සිදුවෙනවා – මහ බැංකු නියෝජ්‍ය අධිපති කියයි
Tue Aug 07, 2018 12:21 pm by Ethical Trader

» සිංගප්පූරු ගිවිසුමෙන් අපනයන වාසියක් නැහැ – මහ බැංකු අධිපති
Tue Aug 07, 2018 12:19 pm by Ethical Trader

» Sri Lanka to miss IMF forex reserve target; seek waiver
Mon Aug 06, 2018 10:45 am by The Invisible

» Sri Lanka targets lower forex reserves for end 2018
Mon Aug 06, 2018 10:43 am by The Invisible

» Sri Lanka economy to grow 4.0-pct in 2018
Mon Aug 06, 2018 10:42 am by The Invisible

» More curbs on cars as Central Bank battles trade gap
Mon Aug 06, 2018 10:40 am by The Invisible

» What Sri Lanka can do to improve the credibility of its dollar soft-peg
Mon Aug 06, 2018 10:39 am by The Invisible

» Sri Lanka's Hayleys Fabric back in profit in June quarter
Sun Aug 05, 2018 12:11 am by spw19721

» Sri Lanka keeps rates unchanged
Fri Aug 03, 2018 6:10 pm by Ethical Trader

» Sri Lankan shares end up 0.1-pct, foreigners buy NTB
Fri Aug 03, 2018 6:08 pm by Ethical Trader

» Sri Lanka sharply raises tax on small hybrid cars
Fri Aug 03, 2018 6:03 pm by Ethical Trader

» Sri Lanka inflation accelerates to 5.4-pct in July
Fri Aug 03, 2018 5:54 pm by Ethical Trader

» බදු ඉහළට. Wagon R, Japan Alto, Spacia ඇතුළු පොඩි කාර් මිල වැඩිවෙන්නේ මෙහෙමයි
Fri Aug 03, 2018 1:28 pm by කිත්සිරි ද සිල්වා

» India police hunt eight men after sex attack on goat
Wed Aug 01, 2018 1:04 pm by slstock

» Yes, we Khan!
Wed Aug 01, 2018 1:03 pm by කිත්සිරි ද සිල්වා

» ඡන්ද කටේ ,කුලියාපිටියේ ඇදෙන Volkswagen කතාවේ ඇත්ත තත්ත්වය මෙහෙමයි
Wed Aug 01, 2018 7:46 am by serene

» Should CSE be like this? Whose FAULT is it?
Tue Jul 31, 2018 8:24 pm by spw19721

» ලෝකය යා කරන චීන ඉදිකිරීම් වේගවත් කරන යෝධ යන්ත්‍ර
Tue Jul 31, 2018 6:08 pm by Ethical Trader

» 'කාලතුවක්කු උණ්ඩ ගස': "ඉන්දියාවේ තබා ආසියානු කලාපයේ ශාකයක් නොවෙයි"
Tue Jul 31, 2018 5:49 pm by Ethical Trader

» Happy Birthday
Mon Jul 30, 2018 10:27 pm by serene

» Whats ailing Sri Lanka ? Why we are what we are!
Mon Jul 30, 2018 5:48 pm by Ethical Trader

» Lunar Eclipse
Sun Jul 29, 2018 10:56 am by Ethical Trader

» ගුවන් යානා තුළ මකුණන් සිටීමට හේතුව කාලගුණය බව 'එයාර් ඉන්දියා' සමාගම පවසයි
Sun Jul 29, 2018 10:54 am by Ethical Trader

»  Woman finds frog parts in her packet of 'kottu'
Sun Jul 29, 2018 8:42 am by කිත්සිරි ද සිල්වා

» අඟහරු ග්‍රහයා මත ද්‍රවීය ජලය ඇති 'විලක්' ඇතැයි හෙළිවේ
Thu Jul 26, 2018 5:02 pm by Ethical Trader

» තායිලන්ත ලෙනෙන් මුදවාගත් දරුවන් තාවකාලික පැවිදි දිවියට
Wed Jul 25, 2018 10:08 am by Ethical Trader

» ආබාධිත තත්වයක් නිසා හොඬයේ ආධාරයෙන් ඇවිදින අලි පැටවෙකු මත්තල දී හමුවෙයි
Tue Jul 24, 2018 9:59 am by Ethical Trader

» කැනඩාවේ ටොරොන්ටෝ වෙඩි තැබීම: කාන්තාවක් මරුට, දැරියකට අසාධ්‍යයි
Tue Jul 24, 2018 7:58 am by කිත්සිරි ද සිල්වා

» Quick Checklist for Selecting a Stock
Tue Jul 24, 2018 7:46 am by serene

August 2018
SunMonTueWedThuFriSat
   1234
567891011
12131415161718
19202122232425
262728293031 

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

Plantations - snapshot

Go down

Plantations - snapshot

Post by First Guy on Sun Jun 28, 2015 12:54 pm


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

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

Most talked about in this forum are TPL and WATA. One I was interested in is KGAL.

Seems there's one similar to TPL. I can remember someone talked about this some time back.
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: Plantations - snapshot

Post by pathfinder on Sun Jun 28, 2015 7:07 pm

Thanks friend one like from me.
avatar
pathfinder
Top contributor
Top contributor

Posts : 1333
Join date : 2014-02-23
Age : 37

Back to top Go down

Re: Plantations - snapshot

Post by yellow knife on Sun Jun 28, 2015 9:27 pm

thanx FG

yellow knife
Top contributor
Top contributor

Posts : 5898
Join date : 2014-03-27

Back to top Go down

Re: Plantations - snapshot

Post by First Guy on Sun Jun 28, 2015 9:45 pm

But is there something wrong in how these are trading? If you draw the trendline, it won't be how it's supposed to be. But then again we are comparing only ROE and P/E.
Book value may not be that important here but since earnings may include fair value changes, cashflow might be a useful pointer. Unfortunately I don't have those values readily available.
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: Plantations - snapshot

Post by yellow knife on Sun Jun 28, 2015 9:58 pm

Real problem is predicting future based on past performance

yellow knife
Top contributor
Top contributor

Posts : 5898
Join date : 2014-03-27

Back to top Go down

Re: Plantations - snapshot

Post by Jana1 on Mon Jun 29, 2015 6:28 am

Thanks FG

Jana1
Top contributor
Top contributor

Posts : 621
Join date : 2014-02-23

Back to top Go down

Re: Plantations - snapshot

Post by First Guy on Mon Jun 29, 2015 8:04 am

yellow knife wrote:Real problem is predicting future based on past performance

True. Long time back I held HOPL. Now only KGAL (small quantity) as I view KGAL differently from others which can 'survive' and make a decent profit regardless of the situation due to their investments.
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: Plantations - snapshot

Post by HUNTER on Mon Jun 29, 2015 3:03 pm

First Guy wrote:But is there something wrong in how these are trading? If you draw the trendline, it won't be how it's supposed to be. But then again we are comparing only ROE and P/E.
.....
.

Good presentation FG +

Wonder if we have a way of showing more than 3~4 parameters in the same graph.
I can vaguely imagine a 3 dimensional graph for 3 parameters but beyond that, is inconceivable.

Anybody has any experience with 'multi dimensional' graphs?
avatar
HUNTER
Top contributor
Top contributor

Posts : 1654
Join date : 2014-07-14

Back to top Go down

Re: Plantations - snapshot

Post by dhanurrox on Mon Jun 29, 2015 4:28 pm

HUNTER wrote:
First Guy wrote:But is there something wrong in how these are trading? If you draw the trendline, it won't be how it's supposed to be. But then again we are comparing only ROE and P/E.
.....
.

Good presentation FG +

Wonder if we have a way of showing more than 3~4 parameters in the same graph.
I can vaguely imagine a 3 dimensional graph for 3 parameters but beyond that, is inconceivable.

Anybody has any experience with 'multi dimensional' graphs?
giving weights and getting a figure is the answer.graphing possible but hard to understand.

dhanurrox

Posts : 408
Join date : 2014-03-27

Back to top Go down

Re: Plantations - snapshot

Post by yellow knife on Mon Jun 29, 2015 5:33 pm

Kegalle is too much into Rubber where the rubber price will remain lower as long as petrol price remain lower in the world market..

When comparing PE and EPS I dont think Kegalle Plantations PLC as attractive at current level..


2015201420132012201120102009200820072006
EPS5.0813.8418.9330.7935.3315.047.117.112.457.66
PE ratio16.897.595.923.345.873.122.683.513.375.22

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

yellow knife
Top contributor
Top contributor

Posts : 5898
Join date : 2014-03-27

Back to top Go down

Re: Plantations - snapshot

Post by First Guy on Mon Jun 29, 2015 10:22 pm

When compared with other plantations KGAL has the lowest amount of biological assets as more than half their assets are in financial investments. So I won't look at it as a pure plantation company. only 50% of total equity is in biological assets, next lowest is WATA with 78% while all the others are 100% and above. The investments may be giving it some cushioning during these 'hard-times' but may not allow the company to maximize profits when the 'good-times' come. Also KGAL might be using the returns from (net) investments for operations, but I like to separate this from the core business. As far as cashflows go, I find TPL the most attractive (based on last 12 months), followed by HOPL, ELPL and BOPL.
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: Plantations - snapshot

Post by First Guy on Mon Jun 29, 2015 10:33 pm

yellow knife wrote:Kegalle is too much into Rubber where the rubber price will remain lower as long as petrol price remain lower in the world market..

When comparing PE and EPS I dont think Kegalle Plantations PLC as attractive at current level..


2015201420132012201120102009200820072006
EPS5.0813.8418.9330.7935.3315.047.117.112.457.66
PE ratio16.897.595.923.345.873.122.683.513.375.22


KGAL reported EPS of 9.16/- and not 5.08/-

But needless to say almost everything from investments
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: Plantations - snapshot

Post by yellow knife on Tue Jun 30, 2015 7:29 am

well I took company EPS where as you have considered Group EPS..

I agree with you on biological asset matter..

The positive qualitative factor of Kegalle is its managed by Dr Sena Yaddehige and team.. Even when the rubber price dropped to bottom they manage to make profit and declare dividends..

yellow knife
Top contributor
Top contributor

Posts : 5898
Join date : 2014-03-27

Back to top Go down

Re: Plantations - snapshot

Post by HUNTER on Tue Jun 30, 2015 8:53 am

IMO, As far as the share valuation is concerned, we need to consider (assigned to shareholder-) group figures (Not company).

Any other views?
avatar
HUNTER
Top contributor
Top contributor

Posts : 1654
Join date : 2014-07-14

Back to top Go down

Re: Plantations - snapshot

Post by First Guy on Wed Jul 01, 2015 11:06 am

HUNTER wrote:
First Guy wrote:But is there something wrong in how these are trading? If you draw the trendline, it won't be how it's supposed to be. But then again we are comparing only ROE and P/E.
.....
.

Good presentation FG +

Wonder if we have a way of showing more than 3~4 parameters in the same graph.
I can vaguely imagine a 3 dimensional graph for 3 parameters but beyond that, is inconceivable.

Anybody has any experience with 'multi dimensional' graphs?

It would get a bit confusing in addition to being difficult to generate.
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: Plantations - snapshot

Post by chutiputha on Thu Jul 09, 2015 2:00 pm

Overall Plantation Sector..

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

6 Month Period

[You must be registered and logged in to see this image.]
avatar
chutiputha
Top contributor
Top contributor

Posts : 1845
Join date : 2014-11-09
Age : 32
Location : Panadura

Back to top Go down

Re: Plantations - snapshot

Post by First Guy on Fri Jul 10, 2015 10:25 pm

First Guy wrote:When compared with other plantations KGAL has the lowest amount of biological assets as more than half their assets are in financial investments. So I won't look at it as a pure plantation company. only 50% of total equity is in biological assets, next lowest is WATA with 78% while all the others are 100% and above. The investments may be giving it some cushioning during these 'hard-times' but may not allow the company to maximize profits when the 'good-times' come. Also KGAL might be using the returns from (net) investments for operations, but I like to separate this from the core business. As far as cashflows go, I find TPL the most attractive (based on last 12 months), followed by HOPL, ELPL and BOPL.

My above positive view on KGAL was based on the amount of financial assets that they have. We should have known the end game of RPC plantation management's end game better.

Now that some good chunk of cash out, we need to analyze it further. But the money would not have been generating adequate returns thus returned to shareholders (parent)

Again, we are assuming that the announcement is correct. Bummer, if not.
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: Plantations - snapshot

Post by CK on Wed Oct 25, 2017 9:42 am

time to see again.. flower
avatar
CK
Active Member
Active Member

Posts : 1199
Join date : 2015-11-01

Back to top Go down

Re: Plantations - snapshot

Post by CK on Wed Oct 25, 2017 9:52 am

I am focusing mask and ldev seriously. Very Happy
avatar
CK
Active Member
Active Member

Posts : 1199
Join date : 2015-11-01

Back to top Go down

Back to top


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