PLANTATION RALLY

gambler1 · 1 PLANTATION RALLY Sat Feb 05, 2011 4:10 pm

gambler1

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CAN WE EXPECT PLANTATION RALLY NEXT WEEK?

BullionStock · 2 Re: PLANTATION RALLY Sat Feb 05, 2011 6:04 pm

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Hope plantation rally started two week ago. It was cought up some stock like HOPL,ELPL by price band till last week of February.

After sudden drop the prices then, last week we observed the rally in plantation in upward direction.

Keep in mind that release of the price band , it may have demand yet to arrive for some stock like KGAL
Most of shares are at peak level as per TA.

limestone · 3 plantation rally Sat Feb 05, 2011 7:09 pm

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Reason for MADU’s rise ?
MADU was the top gainer last Friday. share price rose from 20.10 to 28.50 a 39.71% increase . obviously ,their quarterly performance, Q4 may be promising . that may be the reason for this rise . my question is , how can an ordinary investor get this information before the official results ? .

mono · 4 Re: PLANTATION RALLY Sat Feb 05, 2011 7:18 pm

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MADU has a lot of 'dara' that's why this share went up. they can't show much in the way of profits this quarter as they are a tea plantation. thier asset value is supposed to go up because of the 'dara' which is value at over 2bn, supposedly.

econ · 5 Re: PLANTATION RALLY Sat Feb 05, 2011 8:12 pm

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mono wrote:MADU has a lot of 'dara' that's why this share went up. they can't show much in the way of profits this quarter as they are a tea plantation. thier asset value is supposed to go up because of the 'dara' which is value at over 2bn, supposedly.

lol. mona 'dara" da?
mariccha te gas da?

mono · 6 Re: PLANTATION RALLY Sat Feb 05, 2011 9:04 pm

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econ wrote:

mono wrote:MADU has a lot of 'dara' that's why this share went up. they can't show much in the way of profits this quarter as they are a tea plantation. thier asset value is supposed to go up because of the 'dara' which is value at over 2bn, supposedly.

lol. mona 'dara" da?
mariccha te gas da?

read their annual report u'll see what i mean

Slstock · 7 Re: PLANTATION RALLY Sun Feb 06, 2011 3:14 am

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mono wrote:

econ wrote:

mono wrote:MADU has a lot of 'dara' that's why this share went up. they can't show much in the way of profits this quarter as they are a tea plantation. thier asset value is supposed to go up because of the 'dara' which is value at over 2bn, supposedly.

lol. mona 'dara" da?
mariccha te gas da?

read their annual report u'll see what i mean

Econ,
Yes this observation was brought up by innam ( I believe) also at investnow long ago. Yeah looking at the report will clarify it. However am not sure how much "Dara"willbe made into profit unless they sell it. Their NAV should go up if the re-evaluation takes place.