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

KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Go down

KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Tue Jul 07, 2015 4:32 pm

The two main share holders of Kahawatta Plantation PLC are Forbes Plantations (Pvt) Ltd and Ceylon Tea Services PLC. Respectively they own 63.78% and 15.74% of the total shares..

Kahawatta Tea plantations are mainly in the mid country (Nawalapitiya and Sabaragamuwa Districts) 

As mentioned in the Annual Report 2015 Kahawatte is the trail blazer in Cinnamon Plantation. Value added cinnamon is being undertaken and a properly designed cinnamon pack will soo be introduced through the shelves of Dilmah outlets. Dilmah is the brand name of the second largest share holder..


Last edited by yellow knife on Tue Jul 07, 2015 4:58 pm; edited 1 time in total

yellow knife
Top contributor
Top contributor

Posts : 5898
Join date : 2014-03-27

Back to top Go down

Re: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Tue Jul 07, 2015 4:35 pm

Plantation include tea, rubber, cinnamon, pepper and fuel wood.

One characteristic of this company is they have declared only one dividend and thats 50 cents in 2012.
This is a December company and what I take as year 2015 to compare with other companies is actually the year ended 2014..

This poor dividend paying is seen in this company throughout history..


Last edited by yellow knife on Tue Jul 07, 2015 5:18 pm; edited 1 time in total (Reason for editing : dividend payout)

yellow knife
Top contributor
Top contributor

Posts : 5898
Join date : 2014-03-27

Back to top Go down

Re: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Tue Jul 07, 2015 4:37 pm

Total Revenue of the company is above Rs 3 billion for last year..

[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: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Tue Jul 07, 2015 4:40 pm

Revenue of Kahawatta is better than Namunukula and Kegalle but not as  TPL

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

One reason why TPL stand high in 2015 is it includes 15 months where KAHAWATTA includes only 12 months like the rest of the companies..So revenue wise Kahawatta stand similar to TIPL


Last edited by yellow knife on Wed Jul 08, 2015 7:34 am; edited 1 time in total

yellow knife
Top contributor
Top contributor

Posts : 5898
Join date : 2014-03-27

Back to top Go down

Re: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Tue Jul 07, 2015 4:48 pm

One form of gathering research data is observation. But observation is a very subjective mechanism. I ve observed that many plantation companies are very poor in maintaining estates.. Coconut Stripes near the river of Kelani Valley Plantation as well as Kahawatta tea estates are among such..

Following are exact words of the Kahawatta annual report..

" Kahawatta Plantations inherited a legacy of neglect where there was no replanting or expenditure on factory development or modernization. This situation however has been aggressively arrested and the plantations are primed to produce better crops and realize improved prices with the work undertaken by our company."

yellow knife
Top contributor
Top contributor

Posts : 5898
Join date : 2014-03-27

Back to top Go down

Re: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Tue Jul 07, 2015 4:51 pm

Even though TPL and Kahawatta were neck to neck in revenue for many years the profitability was not that close due to above lethargic practices..

[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: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Tue Jul 07, 2015 4:51 pm

2011 was an exceptional year for Rubber related companies..

yellow knife
Top contributor
Top contributor

Posts : 5898
Join date : 2014-03-27

Back to top Go down

Re: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Tue Jul 07, 2015 4:55 pm

EPS chart of Kahawatta is shows high fluctuations

[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: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Tue Jul 07, 2015 4:56 pm

Net assets per share shows are gradually incline

[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: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by First Guy on Mon Jul 13, 2015 10:22 pm

KAHA is trading at more than 2x net assets. Any reason for this? The earnings don't seem to support it IMHO. Do they have any 'hidden' assets or future prospects that I'm not seeing?

WATA is the next highest when it comes to P/BV.
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Fri Jul 01, 2016 2:59 pm

Plantation companies that I have evaluated so far has recorded lower Revenue than previous year, and without a doubt all other companies will follow the same .

[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: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Fri Jul 01, 2016 3:01 pm

Kahawatta is a December company and the year shows drop in all values.

[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: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Fri Jul 01, 2016 3:03 pm

Net Assets of the company is 11.78 and the share is trading at Rs 36.20 as at 1st July 2016 continuing the same pattern as identified by FG earlier in this thread.

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


Last edited by yellow knife on Fri Jul 01, 2016 3:11 pm; edited 1 time in total

yellow knife
Top contributor
Top contributor

Posts : 5898
Join date : 2014-03-27

Back to top Go down

Re: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Fri Jul 01, 2016 3:06 pm

[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: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Fri Jul 01, 2016 3:07 pm

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

 Operating Losses  recorded after 8 years

yellow knife
Top contributor
Top contributor

Posts : 5898
Join date : 2014-03-27

Back to top Go down

Back to top


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