The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting
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

Most Viewed Topics
Dividend Announcement
Harmonic Price Patterns
Thought for the day...
Happy Birthday
VFIN - where the journey leads it?
LIOC.N0000 (Lanka IOC PLC)
Cartoon of the day...
East West properties
Asiri Hospitals PLC - ASIR
Mega confab today to celebrate capital market’s 5 years of post-war success

Keywords

performance  laughter  Earning  quarterly  plantation  birthday  happy  making  obituary  Results  RIGHTS  price  right  meantime  flying  shores  issue  watch  stock  book  sense  fixed  vpel  daily  RICH  llub  

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

KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

The Investor Sentiment - Equity and investments forum for Sri Lankans :: Equities :: Industry Analysis :: Plantations

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 : 5764
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 : 5764
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 : 5764
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 : 5764
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 : 5764
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 : 5764
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 : 5764
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 : 5764
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 : 5764
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 : 5764
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 : 5764
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 : 5764
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 : 5764
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 : 5764
Join date : 2014-03-27

Back to top Go down

Back to top

The Investor Sentiment - Equity and investments forum for Sri Lankans :: Equities :: Industry Analysis :: Plantations

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