KGAL & NAMU Dividends

smallville · 1 KGAL & NAMU Dividends Mon Mar 21, 2011 3:15 pm

smallville

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KGAL & NAMU Came up with good dividends; This would indicate a good quarter results...

NAMUNUKULA PLANTATIONS PLC
Company ID: - NAMU
Date of Announcement:-21.Mar.2011
Rate of Dividend: - Rs. 1.00 per share / Interim Dividend
Financial Year: - 2010/2011
XD:-30.Mar.2011
Payment: - 31.Mar.2011
Share Transfer Book Open

KEGALLE PLANTATIONS PLC
Company ID: - KGAL
Date of Announcement:-21.Mar.2011
Rate of Dividend: - Rs. 2.50 per share / Interim Dividend
Financial Year: - 2010/2011
XD:-30.Mar.2011
Payment: - 31.Mar.2011
Share Transfer Book Open

Rajitha · 2 Re: KGAL & NAMU Dividends Mon Mar 21, 2011 4:38 pm

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Nice to see them paying dividends even before their normal paying months! from the value of the dividend this means I guess the share holders might be getting more than 1 dividend per year!

Meta Trader · 3 Re: KGAL & NAMU Dividends Mon Mar 21, 2011 5:02 pm

Meta Trader

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well well well.....
a surprise from the RICH family Exclamation

.......and it is a good one Twisted Evil

xmart · 4 Re: KGAL & NAMU Dividends Mon Mar 21, 2011 9:12 pm

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Oh.. RICH. cyclops

Gaja · 5 Re: KGAL & NAMU Dividends Mon Mar 21, 2011 10:18 pm

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already RICH itself gave a surprise by declaring .20 cents as interim dividend this was very high when comparing with the last year dividend of Rich because of the split

see the announcement made today, XR on 30th and payment on 31st, so the parent company can recoginise this as there income for the year ended 31.03.2011

smallville · 6 Re: KGAL & NAMU Dividends Mon Mar 21, 2011 11:48 pm

smallville

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I think we can expect a good revenue increase in this qtr.. If everything is well, we can see a run on both.. To me KGAL, NAMU worth so far than the current prices hence I'm thinking of holding for sometime at least till it comes to the prev price levels..

Rajitha · 7 Re: KGAL & NAMU Dividends Tue Mar 22, 2011 12:18 am

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smallville wrote:I think we can expect a good revenue increase in this qtr.. If everything is well, we can see a run on both.. To me KGAL, NAMU worth so far than the current prices hence I'm thinking of holding for sometime at least till it comes to the prev price levels..

Yep I actually linked a KGAL analysis and I think a guy called planter did one about the NAMU in links. Try to find those and read as well. I'm holding highest % of my portfolio in KGAL and been averaging NAMU last few days ( around 110-115 lvl) I'm expecting a good rally around and after the next quarterly report release.
My advice to anyone holding these shares is not to sell till at least you seen next quarterly results. Just as only for one point I'm just going to say that the average rubber price for this quarter is over 1.5 times of the last quarter and you all can see the current and last months weather for most of these parts!

smallville · 8 Re: KGAL & NAMU Dividends Tue Mar 22, 2011 1:18 am

smallville

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YEP.. it was all this time my analysis on both of these made me buy more and avg.. I was doing the same in this down market what Rajitha has done, colelct at lowest levels (KGAL<200, NAMU<115)...
I never saw this dividend coming Wink

Seems RICH group wanted to surprice us Wink

I'm also in Rajitha's view especially on these two plantations...

Hope the following analysis on NAMU would help too..
http://colombostockwatch.com/wp-content/uploads/2011/02/NAMU-new.pdf

Rajitha · 9 Re: KGAL & NAMU Dividends Tue Mar 22, 2011 2:45 pm

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smallville wrote:YEP.. it was all this time my analysis on both of these made me buy more and avg.. I was doing the same in this down market what Rajitha has done, colelct at lowest levels (KGAL<200, NAMU<115)...
I never saw this dividend coming Seems RICH group wanted to surprice us
I'm also in Rajitha's view especially on these two plantations...

Hope the following analysis on NAMU would help too..
http://colombostockwatch.com/wp-content/uploads/2011/02/NAMU-new.pdf

Yep thats the report I meant about NAMU. Have a look at its team rubber and oil palm diversification among others!