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Plantation sector updates

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Re: Plantation sector updates

Post by yellow knife on Wed Feb 03, 2016 8:12 am

Lankan tea sector yet to gain from Iranian bank's SWIFT link

- Mirror Business
3rd Feb 2016

The local tea industry will have to wait further to reap the benefits originating from Iranian banks reconnecting to the the Society of Worldwide Inter bank Financial Telecommunication as Sri lanka's monetary watchdog is yet to act on it.

according to the country's Tea Exporters Association ( TEA) chief, the CBSL has been requested to expedite the process, so that the industry can capitalize on the development.

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Re: Plantation sector updates

Post by yellow knife on Wed Mar 02, 2016 9:25 am

Trial and Error method may lead to disasters...



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March 2, 2016 at 8:40 am | lanka C news

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විශාල වශයෙන් වී අස්වැන්න ලැබෙන නිසා එය සීමා කිරීම සදහා එළැඹෙන යල කන්නයේදී රජය විසින් සූක්‍ෂම වැඩපිළිවෙළක් ක‍්‍රියාත්මක කරමින් ඇතැයි ගොවි සංවිධාන චෝදනා කරති.
ඒ අනුව ඉදිරි කන්නයේදී වී ගොවිතැනට ජලය නිකුත් කරන්න සූදානම් වන්නේ උවමනා ප‍්‍රමාණයෙන් අඩකට පමණක් බවද ඔවුන් කියා සිටිති.
දැනට රටේ වී අතිරික්තයක් ඇති නිසා වී ගොවිතැන සීමා කර කුඹුරු ඉඩම් තුල අතිරේක භෝග වගා කිරීමටද සැලසුමම් සකසා ඇතැයිද චෝදනා කරන ගෙවා නියෝජිතයෝ මේ වන විටත් මහවැලි නේවාසික ව්‍යාපාර කළමනාකාරවරුන් මගින් නව වැඩපිළිවෙළ ගැන ගොවින් දැනුවත් කිරීම් සිදුවෙමින් පවතින බවත් පවසයි

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Re: Plantation sector updates

Post by slstock on Wed Mar 02, 2016 9:47 am

There are speculative anti government websites and pro government websites?
Do they give reliable info which comes true regularly or not?

Btw, can someone let me know a summary of the such websites and who runs them ( for my reference)



yellow knife wrote:Trial and Error method may lead to disasters...



[url=/sinhala/news/%e0%b6%85%e0%b7%83%e0%b7%8a%e0%b7%80%e0%b7%90%e0%b6%b1%e0%b7%8a%e0%b6%b1-%e0%b7%80%e0%b7%90%e0%b6%a9%e0%b7%92%e0%b6%ba%e0%b7%92-%e0%b6%9a%e0%b7%92%e0%b6%ba%e0%b7%8f-%e0%b7%80%e0%b7%93-%e0%b6%9c/]අස්වැන්න වැඩියි කියා වී ගොවිතැන සීමා කරයි.. කුඹුරේ වෙනත් බෝග වවන්න දන්වයි..[/url]

March 2, 2016 at 8:40 am | lanka C news

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විශාල වශයෙන් වී අස්වැන්න ලැබෙන නිසා එය සීමා කිරීම සදහා එළැඹෙන යල කන්නයේදී රජය විසින් සූක්‍ෂම වැඩපිළිවෙළක් ක‍්‍රියාත්මක කරමින් ඇතැයි ගොවි සංවිධාන චෝදනා කරති.
ඒ අනුව ඉදිරි කන්නයේදී වී ගොවිතැනට ජලය නිකුත් කරන්න සූදානම් වන්නේ උවමනා ප‍්‍රමාණයෙන් අඩකට පමණක් බවද ඔවුන් කියා සිටිති.
දැනට රටේ වී අතිරික්තයක් ඇති නිසා වී ගොවිතැන සීමා කර කුඹුරු ඉඩම් තුල අතිරේක භෝග වගා කිරීමටද සැලසුමම් සකසා ඇතැයිද චෝදනා කරන ගෙවා නියෝජිතයෝ මේ වන විටත් මහවැලි නේවාසික ව්‍යාපාර කළමනාකාරවරුන් මගින් නව වැඩපිළිවෙළ ගැන ගොවින් දැනුවත් කිරීම් සිදුවෙමින් පවතින බවත් පවසයි

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Re: Plantation sector updates

Post by yellow knife on Wed Mar 02, 2016 10:11 am

LankaCnews -Wimal
Lankatruth - JVP
Lankaviews-Peratugami
Lanakaenews- Sadaruwan... Pro GVt,Never against LTTE

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Re: Plantation sector updates

Post by slstock on Wed Mar 02, 2016 10:15 am

Thanks .

yellow knife wrote:LankaCnews -Wimal
Lankatruth - JVP
Lankaviews-Peratugami
Lanakaenews- Sadaruwan... Pro GVt,Never against LTTE

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Re: Plantation sector updates

Post by Hawk Eye on Wed Mar 02, 2016 10:47 am

The Economic Dynamics that we talk about from Macro to Micro levels affects these plantation workers too. They are no more slaves like in Suddas era. Inflation, Cost of living, price hikes etc... affects their livelihood too

The new generation is no more plantation workers and we are going forward with a unseen labour problem for future. Things are not attractive for them to pluck tea or tap rubber

And the Political representatives they appoint neither voice for plantation workers or work on National interest. They work for their self interest. We can see today what Thondaman has done for the past 9 years, gulped 1.8Bn just for nothing

India has started inventing and developing tea harvesting machineries.

Japans Kagoshima region uses machinery for tea clipping and harvesting. The landscape helps them

We have a Engineering faculty, A tea Research & agricultural research Institute.. who never come together to do something to keep our country ahead of others.
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Re: Plantation sector updates

Post by yellow knife on Fri May 27, 2016 8:25 am

Tea crop down 16% in April.

Production down by 12.7% in 1Q. Reduced earnings expected in next two months...

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Re: Plantation sector updates

Post by කිත්සිරි ද සිල්වා on Fri May 27, 2016 10:18 am

HOPL was disappointing once more.
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Re: Plantation sector updates

Post by yellow knife on Tue Sep 06, 2016 7:54 am

July tea output down by 19% on low prices and poor fertilizer use

Mirror Business

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Re: Plantation sector updates

Post by yellow knife on Tue Sep 06, 2016 7:56 am

Central Bank looks to facilitate trade with Iran through a payment channel of Italian Commercial Bank.

+++++ News for tea sector...

Mirror Business

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Re: Plantation sector updates

Post by yellow knife on Wed Oct 12, 2016 12:48 pm

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October 12, 2016 at 12:40 pm | lanka C news | ලංකා සී නිවුස් [You must be registered and logged in to see this image.]
වතු කම්කරැවන්ගේ දිනක වැටුප රුපියල් දහසක් කරන්නැයි ඉල්ලමින් වතුකම්කරු පිරිසක් විසින් අරඹා ඇති විරෝධතාවයක් හේතුවෙන් පිටකොටුව ආසන්නයේ දැඩි වාහන තදබදයක් ඇති වී තිබේ.
විරෝධතා පෙලපාලිය කොටුව ජනාධිපති ලේකම් කාර්යාලයට ගමන් කිරීම අවහිර කරමින් මාර්ග බාදක යොදා ඇති අතර ඉල්ලීම සහිත සංදේශයක් ජනාධිපති ලේකම් කාර්යාලයට බාරදීම සදහා කිහිප දෙනෙකුට අවස්ථාව ලබා දී ඇත

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Re: Plantation sector updates

Post by කිත්සිරි ද සිල්වා on Wed Oct 12, 2016 2:42 pm

කොරේ පිටට මරේ කිව්වාලු ! Very Happy
(But aren't they deserve this little raise when compared to the privileges given to අටපාස් පෙරිය දොරේලා සහ චින්න දොරේලා). Shocked
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Re: Plantation sector updates

Post by yellow knife on Fri Jan 06, 2017 10:14 am

Strong growth predicted for Lankan oil Palm Industry.

Source : Mirror Business 6th Jan 2017


*********************************

As I have mentioned in a discussion on Namunukula, Oil Palm sector is becoming attractive.

As per the above source these companies are already into Oil Palm..

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No of Hectares already into Oil Palm of above companies...


CompanyHectares 
2017
Watawala3157
Namunukula2020
Elpitiya1447
Agalawatta 1294

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Re: Plantation sector updates

Post by yellow knife on Fri Jan 06, 2017 10:18 am

Now about the future plans by those who are not already into Oil Palm...


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So the future land extent covered by oil palm will be

CompanyFuture
Watawala3157
Namunukula2020
Elpitiya1447
Agalawatta 1294
Kegalle 1125
Bogawantalawa700

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Re: Plantation sector updates

Post by yellow knife on Fri Jan 06, 2017 10:32 am

As per world bank statements the palm oil prices which were US $ 583.19 increased to US $ 692.41 per tonne last September and expect to increase to US $ 713 by 2020.

However environmental issues like El Nino will have adverse impact for this sector in 2017

*************************************

Disclosure : I am into Oil Palm related products planters shares and may be biased

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Re: Plantation sector updates

Post by Backstage on Fri Jan 06, 2017 11:35 am

yellow knife wrote:As per world bank statements the palm oil prices which were US $ 583.19 increased to US $ 692.41 per tonne last September and expect to increase to US $ 713 by 2020.

However environmental issues like El Nino will have adverse impact for this sector in 2017

*************************************

Disclosure : I am into Oil Palm related products planters shares and may be biased


Out put along with stockpiles reduced last quater due to the tail end of El nino and the following rains hampering harvesting season in Malaysia and Indonesia. The weaker Ringgit and higher Soybean oil prices are also a contributors to Crude Palm Oil prices.
2017 is being flagged as the year for trend reversal in the commodities markets.
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Re: Plantation sector updates

Post by yellow knife on Tue Mar 21, 2017 7:26 am

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16 hours ago - Ceylon Tea Boutique Attracts a Large Number of ITB Visitors ... (PRESS RELEASE) – Ceylon Tea being among the most recognized tea brands in the world ... the German visitors who visited the Sri Lanka Pavilion at ITB 2017

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Re: Plantation sector updates

Post by The Invisible on Tue May 23, 2017 1:46 pm

Plantation sector index has gained heavily over the past month or two and reached the 52W high. More over it is staying at this level. Meaning its not an artificial run. The financials we received up to now have confirmed that the sector fortunes have turned around. Plus we are yet to see some of good counter results which we will got to know in the coming few days. Now its our duty to find out whether this sector has the energy to move from current levels to even higher levels. Once we get to know the Q1 results of all the companies we should be in a good position to extrapolate it to 2017/18 FY.

Thanks
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Re: Plantation sector updates

Post by yellow knife on Thu Jun 22, 2017 8:31 am

SL to abolish import control fee for tea. Propose license fee for Rs 1000 for re export.. LBO

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Re: Plantation sector updates

Post by The Invisible on Mon Jul 24, 2017 4:11 pm

The Invisible wrote:Plantation sector index has gained heavily over the past month or two and reached the 52W high. More over it is staying at this level. Meaning its not an artificial run. The financials we received up to now have confirmed that the sector fortunes have turned around. Plus we are yet to see some of good counter results which we will got to know in the coming few days. Now its our duty to find out whether this sector has the energy to move from current levels to even higher levels. Once we get to know the Q1 results of all the companies we should be in a good position to extrapolate it to 2017/18 FY.

Thanks

Has anyone analyze this picture. The sector index has moved from 902 on the date I wrote this to 928 as at 21st July. Its about 3% rise of the whole index but selectively there are big rises in stocks who are expected to report massive profits.

For example,
Balangoda moved from 16.40 to 17.70
Bogawanthalawa 13.20 to 14.80
Malwatte 4.30 to 5.40
Maskeliya 11.10 to 14.80
Talawakelle 45.10 to 48 etc.

I can see more room for appreciation with the pending financials.Basketball
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Re: Plantation sector updates

Post by Future123 on Mon Jul 24, 2017 5:04 pm

Well done Invisible. The tea prices have gained last week as well and hope the September quarter also would be good.

The June quarter must be good and TSML already provided an indication of the financials.

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Re: Plantation sector updates

Post by The Invisible on Mon Jul 24, 2017 5:08 pm

Thanks F123. Further I expect the dividends from the industry to improve dramatically this year.
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Re: Plantation sector updates

Post by The Invisible on Mon Jul 24, 2017 9:13 pm

Looking forward good results from MAL, ELPL, WATA, BOPL, KVAL, UDPL, HAPU and TPL.
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Re: Plantation sector updates

Post by CK on Mon Jul 24, 2017 9:17 pm

Thank you invi. You are the one who identified the trend very early and all of us benifiting from that.
Will the trend continue?
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Re: Plantation sector updates

Post by The Invisible on Mon Jul 24, 2017 9:24 pm

CK wrote:Thank you invi. You are the one who identified the trend very early and all of us benifiting from that.
Will the trend continue?
Thanks CK. Yes my personal opinion is that the current trend has more legs to travel. It is evident from the way how stocks like WATA, ELPL, BALA, MAL, TPL, UDPL are consolidating even after gaining by more than 50% this year so far. On the other hand the biggest positive factor is that still the tea prices in the local and world market are firm and the expectation is the same trend to continue.


Last edited by The Invisible on Mon Jul 24, 2017 9:35 pm; edited 1 time in total (Reason for editing : Typo)
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