Talawakele Tea Plantation

laknathm · 1 Talawakele Tea Plantation Thu Jun 18, 2015 9:25 pm

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Increasing trend in the share

Turnover of the Group was Rs. 4.7 billion which is an increase of 30.5 percent over that of the previous year, Group’s net profit after tax stands at Rs. 267.4 million. the company has produced 338 million kilograms of tea within the financial year and that stands in level with the previous year’s 340 million kilograms.

VALUEPICK · 2 Re: Talawakele Tea Plantation Fri Jun 19, 2015 12:14 am

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Currently it is a best managed tea company in Sri-Lanka. They had good performance despite difficult period during last two quarters. . keep an eye on strong recovery in tea prices globally. In addition, tea related companies such as TPL and MPRH produce some of the high quality high grown tea in the world. There will be great demand for quality tea in the coming years and demand will outpace supply for quality tea. Global tea inventory level should go down toward second half of this year. After UVA quality season we are going to see western quality season. After coffee, it is going to be quality tea time. On the other hand other commodity prices such as oil, palm oil, rubber, gold and grain will stay low. USD and frontier market currencies will shine in 2016 and 2017. Still the USA consumers are the best spenders in the world and will spend more on quality beverages such as tea in the coming decade.

Good luck!

Thushara Ayya · 3 Re: Talawakele Tea Plantation Tue Jun 30, 2015 2:53 pm

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VALUEPICK wrote:
Currently it is a best managed tea company in Sri-Lanka. They had good performance despite difficult period during last two quarters. . keep an eye on strong recovery in tea prices globally. In addition, tea related companies such as TPL and MPRH produce some of the high quality high grown tea in the world. There will be great demand for quality tea in the coming years and demand will outpace supply for quality tea. Global tea inventory level should go down toward second half of this year. After UVA quality season we are going to see western quality season. After coffee, it is going to be quality tea time. On the other hand other commodity prices such as oil, palm oil, rubber, gold and grain will stay low. USD and frontier market currencies will shine in 2016 and 2017. Still the USA consumers are the best spenders in the world and will spend more on quality beverages such as tea in the coming decade.

Good luck!

Thanks VP. I collected some today @ 36.20.... Let's see... But why today down it? Force selling?

VALUEPICK · 4 Re: Talawakele Tea Plantation Tue Jun 30, 2015 3:09 pm

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I don’t have any idea about that. I was watching some other stocks today. We hardly see any big quantity for some valuable stocks at lower prices. Remember in the short run stocks prices can have volatility. Stay with monitoring global tea prices. If tea prices started to go above the cost of production all listed tea companies will make profits.

I believe there should be light end of the tunnel for listed tea companies in Sri-Lanka. Global tea output down by 11%. Upto April, Sri-Lanka was able to maintain good output. However, its out put in May also down. Globally tea inventory level should go down in 2015/ 16. Therefore we can reasonably expect higher tea prices in the coming months and quarters due to demand.

Finally Kenya is getting attractive tea average prices. There was demand for tea in the Colombo auction last week. Tea prices went up by Rs.10 to 40 per Kg. Kenya is moving into dry season and global tea output and inventory level will go down further. In Kenya, the showers are reducing, the days drier and the night cooler which means downwards crop intakes. Tea stocks to watch in the CSE are TPL, MPRH (Management Company of Bogawantalawa plantations) and UDPL. They produced some of the best high quality high grown tea in the world. It is time to do some home work on tea stocks.

http://www.sundayobserver.lk/2015/06/28/fin43.asp

Thushara Ayya · 5 Re: Talawakele Tea Plantation Tue Jun 30, 2015 3:45 pm

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Past year dividend too attractive....

Talawakele Tea Plantation Tpl410

senthu · 6 Re: Talawakele Tea Plantation Tue Jun 30, 2015 3:48 pm

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Wage negotiation next year. Trade union demands for 45 % increase. This will definitely hurt profit margin or make big loss. I think better not to touch plantation sector until this issue over.