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Sri Lanka Equity Forum » Stock Market Talk » WATA future looks good

WATA future looks good

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1WATA future looks good Empty WATA future looks good on Thu Jun 06, 2019 7:05 pm

Teller

Teller
Moderator
Moderator

Watawala Plantations will be investing 1 billion rupees into its dairy operations, a top official said.

Watawala Plantations Managing Director Vish Govindasamy said that 1.06 billion rupees will be invested in Watawala Dairy Ltd as equity.

The funds will be used for capital restructuring of WDL, including converting a related party debt of 450 million rupees into equity.

WDL has a dairy farm with over 1,000 milch cows, set up in 2018. The business is expected to become profitable in three years.

Watawala's parent Sunshine Holdings sold its tea business Hatton Plantations for 1 billion rupees last week.

2WATA future looks good Empty Re: WATA future looks good on Sat Jun 08, 2019 2:40 am

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Teller wrote:
Watawala Plantations will be investing 1 billion rupees into its dairy operations, a top official said.

Watawala Plantations Managing Director Vish Govindasamy said that 1.06 billion rupees will be invested in Watawala Dairy Ltd as equity.

The funds will be used for capital restructuring of WDL, including converting a related party debt of 450 million rupees into equity.

WDL has a dairy farm with over 1,000 milch cows, set up in 2018. The business is expected to become profitable in three years.

Watawala's parent Sunshine Holdings sold its tea business Hatton Plantations for 1 billion rupees last week.
Kotmale holding,LLMP,etc did dairy business and not much success.Are these guys going to import cows from New ealand..I think they are going to dump 1Billion. Shocked

3WATA future looks good Empty Re: WATA future looks good on Wed Jun 12, 2019 7:15 am

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
https://cdn.cse.lk/cmt/upload_report_file/728_1559125194706.pdf

WATA is already having Dairy business and last year loss was 234M.

4WATA future looks good Empty Re: WATA future looks good on Thu Jun 13, 2019 12:33 am

Teller

Teller
Moderator
Moderator
Buy WATA below 20 is worthy


_________________
Teller said is said..

5WATA future looks good Empty Re: WATA future looks good on Thu Jun 13, 2019 2:33 am

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
WATA is good company and continuously performing well in plantations sector due to palm oil plants.My comment is only for the news item of 1Billion investment in diary farm.

6WATA future looks good Empty Re: WATA future looks good on Sat Jun 15, 2019 2:16 am

Teller

Teller
Moderator
Moderator
Agree with yahapalana , ..WATA has a huge palm oil cultivation & most of plants still are babies. In 1-2 year huge harvest can be expected . My taget is WATA 38 in medium to long


_________________
Teller said is said..

7WATA future looks good Empty Re: WATA future looks good on Wed Jun 19, 2019 10:00 pm

Teller

Teller
Moderator
Moderator
Shoud immediately 23.50


_________________
Teller said is said..

8WATA future looks good Empty Re: WATA future looks good on Tue Jul 16, 2019 3:36 am

Teller

Teller
Moderator
Moderator
Touched the target with in a month. Recommended @20


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Teller said is said..

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