Tea prices up and up.Plantation shares down and down!

Wimal Modawansa

Wimal Modawansa

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Sri Lanka tea prices at the November 2017 auctions showed gains in high, medium and low growns, a new report said.
“When analyzing the respective elevational averages, high grown average of 644.06 rupees for November 2017 show a gain of 87.82 rupees vis-à-vis 556.24 rupees of November 2016,” Forbes & Walker Tea Brokers said in their latest report.
“It is also relevant that these averages show a gain in USD terms when compared to the corresponding month of 2016.”
January – November cumulative average for 2017 totalled 617.96 rupees vis-à-vis 461.99 rupees of January – November 2016 showing a substantial gain of 155.97 rupees.

Teller

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Vs more rain condition became supply down ...

Teller = TellerX

anjelo

anjelo

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wait.... wait... its still collection time.
Next runs will begin once its near Q1 report finalizing times (around jan start).
Data will be leaked from somewhere for sure and you will be able to see the runs happen and end even before the numbers are out.
that's TEA for you....

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kjojo

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Teller Uba aye awada gaumak edegena waren lajja nathuwa awane

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Ei mn lajja wenne....hahhha

kjojo

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Ei Bn teller market 5800 kewe shares sell karanda keyala eth market 6700+.. and Palayan Bn yanda. Hena gahanwa yko Ubata nikan boru keyala nimisunge shares ganawata

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Those who sold on that prices are real winners.if you check you can understand most of the companies (more than 60%] share prices were down in last 6 months.

fortuneteller

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Profit figures of Plantation Companies up to November is leaked to the market. As December auction prices are also high the plantation company share prices have started moving up.

Buy at correct prices and exit at the correct time.

Happy December.

fortuneteller

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The Russian Federation on Thursday announced that tea imports from Sri Lanka had been banned due to the detection of a single specimen of the agricultural pest, the beetle Trogoderma Granarium in the packaging material of a consignment of tea shipped from Sri Lanka.

Sri Lanka exports more than 23% of its total tea exports to Russia comprising millions of kilos annually

anjelo

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the Russian thing would be a temporary setback.
The profits are good last quarter and it should be even ok to settle off the year even,
The TEA shares are to have a good run soon,
The russian story would bring mix feelings and with that will give good opportunities,
as soon as the ban is lifted we would see a good rise on the shares once more,
If the timing is perfect, with the lifting off the ban and the results officially coming out in jan,
the shares would be pushed 20 to 30% from current levels

wisdom

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Every thing will depend on Auction Prices and how long it gonna take to resolve the issue. Obviously Ceylon Tea Board need strategic marketing campaign to regain customer confidence in due time.

fortuneteller

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Once the diplomatic issue is sorted out tea prices will go up and up.

As soon as the ban is lifted we would see a good rise on the shares once more,
If the timing is perfect, with the lifting off the ban and the results officially coming out in jan,
the shares would be pushed 20 to 30% from current levels

Ran49

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Most of the Investors are collecting...... Check UDPL.... LDEV

fortuneteller

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The Cabinet yesterday decided to relax the ban imposed on the use of Asbestos roofing materials imported from Russia.

Russia’s agriculture safety watchdog Rosselkhoznadzor plans to discuss restricted tea imports with Sri Lanka.

Begging in Colombo city prohibited

anjelo

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fortuneteller wrote:The Cabinet yesterday decided to relax the ban imposed on the use of Asbestos roofing materials imported from Russia.

Russia’s agriculture safety watchdog Rosselkhoznadzor plans to discuss restricted tea imports with Sri Lanka.

Begging in Colombo city prohibited

smart move to get some grace towards ceylon tea from Russia, surely things would workout now.January would be a good month for Tea shares once more.

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Tea prices up and up.Plantation shares down and down!

1 Tea prices up and up.Plantation shares down and down! Fri Dec 08, 2017 10:36 am

Wimal Modawansa

2 Re: Tea prices up and up.Plantation shares down and down! Fri Dec 08, 2017 10:40 am

Teller

3 Re: Tea prices up and up.Plantation shares down and down! Fri Dec 08, 2017 10:42 am

anjelo

4 Re: Tea prices up and up.Plantation shares down and down! Fri Dec 08, 2017 10:45 am

Teller

5 Re: Tea prices up and up.Plantation shares down and down! Fri Dec 08, 2017 2:47 pm

kjojo

6 Re: Tea prices up and up.Plantation shares down and down! Fri Dec 08, 2017 10:47 pm

Teller

7 Re: Tea prices up and up.Plantation shares down and down! Sat Dec 09, 2017 10:48 am

kjojo

8 Re: Tea prices up and up.Plantation shares down and down! Sun Dec 10, 2017 2:44 am

Teller

9 TEA PRICES AND PLANTATION PROFITS UP AND UP - PLANATION SHARE PRICES UP AND UP Thu Dec 14, 2017 3:04 pm

fortuneteller

10 Re: Tea prices up and up.Plantation shares down and down! Mon Dec 18, 2017 8:20 am

fortuneteller

11 Re: Tea prices up and up.Plantation shares down and down! Mon Dec 18, 2017 10:35 am

anjelo

12 Re: Tea prices up and up.Plantation shares down and down! Mon Dec 18, 2017 12:24 pm

wisdom

13 Asbestos ban led to Russia's Sri Lanka tea imports suspension? Mon Dec 18, 2017 1:16 pm

fortuneteller

14 Re: Tea prices up and up.Plantation shares down and down! Wed Dec 20, 2017 8:21 am

Ran49

15 Re: Tea prices up and up.Plantation shares down and down! Wed Dec 20, 2017 9:36 am

fortuneteller

16 Re: Tea prices up and up.Plantation shares down and down! Wed Dec 20, 2017 11:00 am

anjelo

17 Re: Tea prices up and up.Plantation shares down and down!

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