RENUKA AGRI FOODS PLC ( RAL.N0000 )

We see lot of heated arguments about a product when the market is Green. Yet when market is not interesting no analysis is seen.

Once a Wolf was sharpening its teeth. A fox asked the purpose of sharpening teeth when there is no sign of a war. Wolf calmly said during a war hardly there is no time to sharpen the teeth .

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Another mistake we do is we neglect shares when the share price is low. We neglect to compare the company with other players revenue of the industry.

Renuka Agri Food is not just a company concentrating on plantations (coconut) but also look into all directions of value chain.

Lets compare Renuka Agri Food with other plantation companies. RAL is shown in red colour.

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Once two big plantation players namely FLCH and TPL is removed this is the chart with RAL in red again.

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This is a year where even TPL did not declared a dividend. But RAL is maintaining a rather stable dividend policy.

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EPS was not stable compared to Dividends ..

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Often plantation companies trade below net assets value and today RAL is traded at 3.40

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Revenue of the company...


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Since 2016 this thread not update , After long observation players going to push this share soon.

     
                                                
          Net income
2019     208.28
2018      -15.53
2017     322.36
2016     195.36
                   
            EPS
2019     0.36  
2018    -0.04    
2017     0.57    
2016     0.34

Before the dividend RAL reached 3.20.
CMP 2.80/2.90
R1->3.20
R2->3.40
R3->3.90
R4->4.30

Still working on Technical analysis, so please do your own if you like to enter

Thank you, Ruwan

ruwan326 wrote:Since 2016 this thread not update , After long observation players going to push this share soon.

     
                                                
          Net income
2019     208.28
2018      -15.53
2017     322.36
2016     195.36
                   
            EPS
2019     0.36  
2018    -0.04    
2017     0.57    
2016     0.34

Before the dividend RAL reached 3.20.
CMP 2.80/2.90
R1->3.20
R2->3.40
R3->3.90
R4->4.30

Still working on Technical analysis, so please do your own if you like to enter

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Small adjustment
I like to drop R1, Still working on TA so please don't mind
R1-> 3.00

R 1 Done

WRRKUMARA wrote:  R 1 Done

WRRKUMARA,You are a close follower of Renuka Group right?  


"We see lot of heated arguments about a product when the market is Green. Yet when market is not interesting no analysis is seen.

Once a Wolf was sharpening its teeth. A fox asked the purpose of sharpening teeth when there is no sign of a war. Wolf calmly said during a war hardly there is no time to sharpen the teeth" .- YK

October 23 I posted my analysis

WRRKUMARA wrote: yes But Better one is KZOO because it has good portfolio when Bull Run good for investment companies

Ex They Have HAYL More than 300,000

Well, in this forum we got only few smart promoters... Many not yet identify those guys you need to work hard buddy if you want to join them

KAZOO is just like "මැක්කා story" when it comes to you

Coming days you can see makka story no need to do promotion

RAL is a good share but ......

What do you mean

It is suffering from group effect. To understand this just study the behavior of every Renuka group stocks.

Lets see whether this can test 3.50 with the heat

Lets see whether this can test 3.50 with the heat

easy

The Invisible wrote:It is suffering from group effect. To understand this just study the behavior of every Renuka group stocks.

I define it as "stingy directors"

How good is this share right now considering the market condition and their annual report?
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Good for a trade ard 3.7-4.4, I also bought yesterday seeing the high volume at the breakout of 3.7

smallville wrote:Good for a trade ard 3.7-4.4, I also bought yesterday seeing the high volume at the breakout of 3.7

You meant the breakout at 2.9/3.0? It was trading around 2.9-3.1 yesterday.

Wonderer wrote:

smallville wrote:Good for a trade ard 3.7-4.4, I also bought yesterday seeing the high volume at the breakout of 3.7

You meant the breakout at 2.9/3.0? It was trading around 2.9-3.1 yesterday.

OOPS.. I talked about SIRA on RAL thread.. Sorry..

Yes 3.0 breakout with a sound volume base would take it to 3.5