HOPL , Horana plantation the future

dr aruna · 1 HOPL , Horana plantation the future Sun May 08, 2011 8:34 pm

dr aruna

Equity Analytic

Posts : 32
Equity Stars : 5086
Reputation : -5
Join date : 2011-02-10
Location : slave in kandy

2nd Quter EPS 1.97 , assets 30.68 share prize RS 35 /-
3rd quter EPS 5.41 assets 36.9 share prize went up to 95 /-
4 th quter results out last friday EPS RS 6.20 , assets 42.29 , what will be the share prize tomorrow ?

6 * 4 =24 if sector P/E average 7 . then 24 * 7 = share prize should be RS 168 . in next year.

with newly announced fertilizer subsidery considered future earning should be more than this ? i will not sell my shares not more than RS 120 .

DO YOU REALY THINK WAGE HIKE WILL AFFECT HORANA PALTATION WITH THIS UP WORD MOMENTUM IN EPS I personaly dont think so

smallville · 2 Re: HOPL , Horana plantation the future Sun May 08, 2011 9:18 pm

smallville

Associate Director - Equity Analytics

Posts : 4119
Equity Stars : 10301
Reputation : 530
Join date : 2011-02-03
Location : Back on Earth

We dont need to annualize last quarter EPS as Year ended EPS is stated as 13.03.. so at a plantation sector PE of 7.63 (NDB reports) and at a sector valuation we're looking at a value of 99.4/-.

But given a discount to sector for uncertainty, this looks good around 85/- at least.. LEts see how market reacts...

Since Rubber seems to have a good future demand too we can expect the same or better EPS next qtr as well.
HOPL has tea as well, we need to keep in mind that the wage hike can increase the cost of production for tea.. But the matter is still at discussion levels on the table too..

All time high is 96.10... can the momentum starts and break this barrier..

dr aruna · 3 Re: HOPL , Horana plantation the future Sun May 08, 2011 9:24 pm

dr aruna

Equity Analytic

Posts : 32
Equity Stars : 5086
Reputation : -5
Join date : 2011-02-10
Location : slave in kandy

thanks smallville your adviced

shaankh · 4 Yes it is continusly growing share ! Mon May 09, 2011 2:30 am

shaankh

Manager - Equity Analytics

Posts : 144
Equity Stars : 5254
Reputation : 0
Join date : 2011-02-01
Age : 50
Location : London

Natural Rubber is going to be more valuble than ever since oil price is rising continuously.
Natural rubber is selling at a rate of it never being before I think HOPL and KGAL will both perform well.