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

Display results as :
 


Rechercher Advanced Search

Latest topics
» ඩොක්යාර්ඩ් සමාගමට ඩොලර් මිලියන 3.12ක කොන්ත්‍රාත්තුවක්
Yesterday at 10:30 pm by The Invisible

» Sri Lanka President drops assassination bombshell, accuses India
Yesterday at 9:48 am by Brave Heart

» Sri Lanka cuts taxes on fuel to keep retail prices below formula
Yesterday at 9:39 am by Brave Heart

» Sri Lanka stocks end flat, rupee marginally weaker
Yesterday at 9:38 am by Brave Heart

» Sri Lanka's Cargills Bank gets BB(lka) credit rating: Fitch
Yesterday at 7:48 am by The Invisible

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Thu Oct 18, 2018 10:26 pm by PANTOMATH

» PB. N0000 (People's Bank)
Thu Oct 18, 2018 6:01 pm by Ethical Trader

» BOC.N0000 ( Bank of Ceylon)
Thu Oct 18, 2018 5:52 pm by Ethical Trader

» රුපියලේ ඉරණම
Thu Oct 18, 2018 5:50 pm by Ethical Trader

» Sri Lanka gets US$1bn eight-year loan from China Development Bank
Thu Oct 18, 2018 8:06 am by serene

» Sri Lanka 3-month Treasuries yield up 20bp at auction
Thu Oct 18, 2018 7:48 am by The Invisible

» Sri Lanka seeks joint venture with Indian Oil unit for Trinco oil tanks
Thu Oct 18, 2018 7:46 am by The Invisible

» Sri Lanka stocks down 0.33-pct, rupee steady
Thu Oct 18, 2018 7:45 am by The Invisible

» Global stocks mostly fall as Fed signals more US rate hikes ahead
Thu Oct 18, 2018 7:44 am by The Invisible

» SAMP.N0000 (SAMPATH BANK PLC)
Thu Oct 18, 2018 7:39 am by The Invisible

» Plantation sector updates
Wed Oct 17, 2018 5:22 pm by කිත්සිරි ද සිල්වා

» Fed Rate hike , Rs Devaluation PART 2 : Should CSE be like this? Whose FAULT is it?
Wed Oct 17, 2018 3:14 pm by Yin-Yang

» Banking Sector
Wed Oct 17, 2018 11:17 am by lanka

» Sri Lanka needs prudent fiscal policy to retain confidence, refinance debt: Economist
Wed Oct 17, 2018 9:51 am by The Invisible

» EPF needs governance overhaul, proxy advisor, to invest in Sri Lanka stock market
Wed Oct 17, 2018 9:49 am by The Invisible

» 17-pct of Sri Lankans stunted: World Bank Human Capital Index
Wed Oct 17, 2018 9:45 am by The Invisible

» Coalition politics hurt Sri Lanka liberalization drive: Harsha
Wed Oct 17, 2018 9:44 am by The Invisible

» Sri Lanka President calls to expand Nixon shock as rupee falls
Wed Oct 17, 2018 9:43 am by The Invisible

» Sri Lanka new car registrations down 40-pct in September
Wed Oct 17, 2018 9:39 am by The Invisible

» Sri Lanka stocks up 0.37-pct, rupee ends marginally lower
Wed Oct 17, 2018 9:38 am by The Invisible

» Sri Lanka’s Nations Trust Bank gets US$50mn from Dutch lender
Wed Oct 17, 2018 7:58 am by serene

» JKH shares trade Rs1.1bn worth at 126-127/share in today’s trades
Tue Oct 16, 2018 8:45 pm by PANTOMATH

» Only 8-pct of Sri Lanka’s 2018 budget promises progressing on track: Verité
Tue Oct 16, 2018 7:14 pm by serene

» වෙළෙඳපොළ වැටුණු මොහොතේ නිමල් රු. බිලියන 2 ක කොටස් අරන්
Tue Oct 16, 2018 11:35 am by Ethical Trader

» බැඳුම්කර මගඩියෙන් අර්ථසාධක අරමුදලට වූ පාඩු පියවා ගන්න මහ බැංකුව සිවිල් නඩුකර පවරයි
Tue Oct 16, 2018 11:32 am by Ethical Trader

» සිංගර් කොටස් ගනුදෙනුවෙන් පසු ශුද්ධ විදේශීය ගලායාම රු. බිලියන 8 ඉක්මවයි
Tue Oct 16, 2018 11:23 am by Ethical Trader

» Hayleys buys balance 9.47-stake in Singer Sri Lanka
Tue Oct 16, 2018 8:24 am by yellow knife

» Sri Lanka's All Share index falls below 5,800 points
Tue Oct 16, 2018 7:50 am by serene

» Sri Lanka stocks end 0.70-pct lower, rupee lose some gains
Tue Oct 16, 2018 7:33 am by The Invisible

» Sri Lanka gilt yield curve flattens amid currency pressure
Tue Oct 16, 2018 7:30 am by The Invisible

» Global stocks mixed as oil gains amid scrutiny of Saudi Arabia
Tue Oct 16, 2018 7:24 am by The Invisible

» චීන සංවර්ධන බැංකුවේ සරණින් රුපියල අළු ගසා නැගිටියි
Mon Oct 15, 2018 6:11 pm by serene

» Will take care of debt issues of Belt and Road projects: China
Mon Oct 15, 2018 6:07 pm by serene

» සිංගර් ඉතුරු කොටස ධම්මික අද මිල දී ගනී
Mon Oct 15, 2018 4:57 pm by The Invisible

» ලංකා හා මහජන බැංකු කොටස් අලෙවියක්
Mon Oct 15, 2018 12:23 pm by nihal123

» රුපියල ශක්තිමත් කිරීමට අතේ ඇති ඩොලර් විසි කිරීමේ අවාසිය
Mon Oct 15, 2018 9:32 am by The Invisible

» Global stocks stumble as Trump attacks Fed
Mon Oct 15, 2018 9:29 am by The Invisible

» අහිමි වෙන ඉරාන තේ වෙළෙඳපොළ වෙනුවට රජය විකල්ප සොයාගෙන නෑ
Mon Oct 15, 2018 9:28 am by The Invisible

» Sri Lanka apparel exports up 7.8-pct in Aug despite Brexit hit
Mon Oct 15, 2018 9:25 am by The Invisible

» 'Shock not over' as Asian stocks extend slide
Mon Oct 15, 2018 9:24 am by The Invisible

» "The unreasonable man" - Rohan Pallewatte
Sun Oct 14, 2018 10:55 am by කිත්සිරි ද සිල්වා

» අනං මනං! #/+?.<>
Sat Oct 13, 2018 7:09 pm by Yin-Yang

» Investing in stocks - how to find the best time to buy or sell
Sat Oct 13, 2018 5:15 pm by nihal123

»  How To Identify Stock Market Direction (Trends) Part 1
Sat Oct 13, 2018 5:06 pm by nihal123

» Backroom moves over Sri Lanka Chief Justice pick
Sat Oct 13, 2018 12:22 pm by කිත්සිරි ද සිල්වා

October 2018
SunMonTueWedThuFriSat
 123456
78910111213
14151617181920
21222324252627
28293031   

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 : 1334
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 : 6025
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 : 6025
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 : 1655
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 : 6025
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 : 6025
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 : 1655
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 : 1213
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 : 1213
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