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
» Thread for News on CSE and SL Economy
Today at 8:54 am by ruwan326

» இனிய பொங்கல்
Yesterday at 9:15 pm by nihal123

» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
Yesterday at 8:29 pm by PANTOMATH

» DIPD.N0000 (Dipped Products)
Yesterday at 8:18 pm by PANTOMATH

» AMF.N0000
Yesterday at 1:01 pm by serene

» HUNA.N0000
Mon Jan 14, 2019 5:29 pm by Ethical Trader

» අනං මනං! #/+?.<>
Sun Jan 13, 2019 8:32 pm by ruwan326

» Blessing in Disguise!! It's high time Brothers!!
Sun Jan 13, 2019 11:35 am by serene

» Thread for News on Local and Foreign Politics
Sat Jan 12, 2019 8:26 am by ruwan326

» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
Thu Jan 10, 2019 8:45 pm by PANTOMATH

» කෝටි 4620 ක බැඳුම්කර නීතියට පිටින් ශ‍්‍රී ලංකන්ට දීලා
Mon Jan 07, 2019 6:18 pm by Ethical Trader

» JINS.N0000 ( Janashakthi Insurance PLC)
Sun Jan 06, 2019 1:12 pm by smallville

» Dividend Announcement
Sun Jan 06, 2019 4:28 am by serene

» Thread for News on International Markets
Fri Jan 04, 2019 9:40 am by The Invisible

» LDEV - Lankem Developments
Tue Jan 01, 2019 8:14 pm by ruwan326

» අවුරුද්ද අප කයි - අපි අවුරද්ද කමු (ජනවාරි පළමුවැනිදා)
Tue Jan 01, 2019 6:23 pm by malanp

» සැන්ඩි එපා!
Tue Jan 01, 2019 6:01 pm by serene

» අසිරිමත් සුබ නව වසරකට ආසිරි !
Tue Jan 01, 2019 5:08 pm by PANTOMATH

» SHL.N0000 (Softlogic Holdings PLC)
Mon Dec 31, 2018 6:04 pm by EBHRAHIMCANADA

»  වසරක කාලය තුළ ඉන්දියාවේ ඉහළම ආදායම් ලාභීන්
Mon Dec 31, 2018 2:47 am by nihal123

» අයදුමේ දී ඡායාරූප ‘ඇලවීම‘ අවශ්‍ය නැති ජාතික හැඳුනුම්පත ජනවාරි 01 සිට දිවයිනටම
Sun Dec 30, 2018 9:37 pm by lanka

» මැදපෙරදිගට පමණක්‘ පාස්පෝට් මින් ඉදිරියට නැහැ
Thu Dec 27, 2018 5:18 pm by Ethical Trader

» BFN - Orient Finance
Wed Dec 26, 2018 6:53 pm by serene

» Wishing Everyone a Happy Christmas !
Wed Dec 26, 2018 7:27 am by spw19721

» Happy Birthday
Tue Dec 25, 2018 11:13 am by sashimaal

» Trading Journal
Sat Dec 22, 2018 11:11 am by PANTOMATH

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
Fri Dec 21, 2018 9:41 am by The Invisible

» In the Meantime, Within Our Shores !
Thu Dec 20, 2018 9:44 am by කිත්සිරි ද සිල්වා

» AAIC.N0000
Thu Dec 20, 2018 7:44 am by serene

» Buy International English Language Testing System (IELTS) in jordan((WhatsApp:+237675967490))
Mon Dec 17, 2018 10:55 am by nihal123

» AINS - Arpico Insurance
Thu Dec 13, 2018 10:43 am by The Invisible

» CFVF - First Capital
Thu Dec 13, 2018 5:18 am by Ethical Trader

» Obituary Notice.
Wed Dec 12, 2018 11:18 am by sashimaal

» බඩගිනී
Tue Dec 11, 2018 9:20 am by Ethical Trader

»  Rajgama heroes !
Sun Dec 09, 2018 9:43 am by කිත්සිරි ද සිල්වා

» BOPL.N0000 (Bogawantalawa Tea Estates PLC)
Fri Dec 07, 2018 7:35 am by The Invisible

» Sri Lanka economic slowdown trims company profits, bank earnings grow
Thu Dec 06, 2018 3:04 pm by nihal123

» Better Than Bitcoin
Thu Dec 06, 2018 9:42 am by කිත්සිරි ද සිල්වා

» Hutchison, Etisalat complete mobile networks merger in Sri Lanka
Wed Dec 05, 2018 9:30 am by The Invisible

» Oil prices surge more than 5-pct
Mon Dec 03, 2018 1:53 pm by Ethical Trader

» CCS.N0000 ( Ceylon Cold Stores)
Mon Dec 03, 2018 10:03 am by The Invisible

» HAYC - Haycarb
Sun Dec 02, 2018 3:04 pm by xmart

» LGL Laugfs Gas
Fri Nov 30, 2018 9:43 am by The Invisible

» Oil prices gain as investors eye Fed relief on interest rates
Fri Nov 30, 2018 9:41 am by The Invisible

» ලැයිස්තුගත සමාගම් 8 ක් කොටස් ගනුදෙනු තහනම් වීමේ අවදානමක
Thu Nov 29, 2018 11:34 am by nihal123

» අපි තනිකර ලෝකය දිව යන්නේ
Thu Nov 29, 2018 11:32 am by කිත්සිරි ද සිල්වා

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
Thu Nov 29, 2018 10:32 am by The Invisible

» Orient Finance PLC--(Share_Valuation_Report)
Thu Nov 29, 2018 7:17 am by yellow knife

» කිඹුලා
Mon Nov 26, 2018 7:20 am by Lalinda

» Sandos' Vs Creators'
Sun Nov 25, 2018 1:17 pm by කිත්සිරි ද සිල්වා

Most Viewed Topics
Dividend Announcement
Harmonic Price Patterns
Happy Birthday
Thought for the day...
VFIN - where the journey leads it?
LIOC.N0000 (Lanka IOC PLC)
REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
Plantation sector updates
Cartoon of the day...

Keywords

stock  hospitals  shores  Earning  meantime  SLSTOCK  daily  laughter  watch  COMB  book  banking  performance  DFCC  Bank  sense  issue  flying  Kapi  price  birthday  making  navaloka  RIGHTS  Results  quarterly  

January 2019
SunMonTueWedThuFriSat
  12345
6789101112
13141516171819
20212223242526
2728293031  

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 : 6133
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 : 6133
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 : 6133
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 : 6133
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 : 6133
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 : 6133
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 : 6133
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 : 6133
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 : 6133
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 : 6133
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 : 6133
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 : 6133
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 : 6133
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 : 6133
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