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Why Plantation sector not moving ?

+14
ADP
schemer
kadik
MARKETWATCH2
kingraj1
windi5
market maxx
Invest_Wisely
daminda
Eng Krishantha
NZ BOY
Market Watch
Dr Stock
KAS10
18 posters

Go to page : 1, 2  Next

Go down  Message [Page 1 of 2]

1Why Plantation sector not moving ? Empty Why Plantation sector not moving ? Wed Aug 27, 2014 2:33 pm

KAS10


Manager - Equity Analytics
Manager - Equity Analytics

Expert Share your comments...

2Why Plantation sector not moving ? Empty Re: Why Plantation sector not moving ? Wed Aug 27, 2014 4:44 pm

Dr Stock

Dr Stock
Co-Admin

Very soon it will make a move.
Lot of volumes are being traded
Sp MAL, WATA , HOPL , ELPL ,BALA
We should be alert about tea brokers too.
ASIY , CTEA , TSML , CTBL
world tea auction prices are good.
Will see in coming weeks.

P.S. - Im not an expert just shared my views.

3Why Plantation sector not moving ? Empty Re: Why Plantation sector not moving ? Wed Aug 27, 2014 5:21 pm

Market Watch


Equity Analytic
Equity Analytic


Lot of people are waiting for plantation sector. If you see the price trends in colombo tea brokers, it is upward trends..So results will be reflected in next two quarter finnacial statements.you have to wait some time.With that mind set ,I brought BIL @1.70 as it has more than 70% from plantation and it is well diversified group.NAV is around 2.9 after the right issue.It is under value share with high potention for grouth with plantation sector.There are other reosons for investing this share and few I have explained in my preveous post.

4Why Plantation sector not moving ? Empty Re: Why Plantation sector not moving ? Wed Aug 27, 2014 8:29 pm

NZ BOY

NZ BOY
Moderator
Moderator

wait lot of thing happening coming days

5Why Plantation sector not moving ? Empty Re: Why Plantation sector not moving ? Thu Aug 28, 2014 12:28 am

Eng Krishantha

Eng Krishantha
Expert
Expert

Dr Stock wrote:Very soon it will make a move.
Lot of volumes are being traded
Sp MAL, WATA , HOPL , ELPL ,BALA
We should be alert about tea brokers too.
ASIY , CTEA , TSML , CTBL
world tea auction prices are good.
Will see in coming weeks.

P.S. - Im not an expert just shared my views.

i would like to add MADU

6Why Plantation sector not moving ? Empty Re: Why Plantation sector not moving ? Thu Aug 28, 2014 12:45 am

daminda


Senior Equity Analytic
Senior Equity Analytic

Dear Englishkrishantha, why did you prefer MADU? Any reason ?

7Why Plantation sector not moving ? Empty Re: Why Plantation sector not moving ? Thu Aug 28, 2014 8:05 am

Invest_Wisely


Manager - Equity Analytics
Manager - Equity Analytics

I agree with Englishkrishantha, I bought MADU at around 13 the reasons being

* The current plantation rally is mainly companies exposed to Tea
* Madu EPS for the quater 30.06.2014 is more than 2 NAV is more than 50
* Mainly into Tea

Can reach 20 levels

To: KAS10

In my opinion the plantation rally has already started the share prices of companies who are exposed to tea have gone up. If Tea prices go up further these companies share prices will definitely rocket up.

Happy Trading

8Why Plantation sector not moving ? Empty Re: Why Plantation sector not moving ? Thu Aug 28, 2014 8:21 am

market maxx


Equity Analytic
Equity Analytic

hi guys. i have 1. million shares of FLCH with the average price of 2.08. i'm big confuse whether i should sell or hold this share any more. what is your opinion?

9Why Plantation sector not moving ? Empty Re: Why Plantation sector not moving ? Thu Aug 28, 2014 8:27 am

windi5

windi5
Moderator
Moderator

Very much fragile. Sensitive to external factors like labour wage,wrather,Oil price. Last time rubber price was the reason for uptrend.

10Why Plantation sector not moving ? Empty Re: Why Plantation sector not moving ? Thu Aug 28, 2014 8:33 am

kingraj1

kingraj1
Senior Equity Analytic
Senior Equity Analytic

market maxx wrote:hi guys. i have 1. million shares of FLCH with the average price of 2.08. i'm big confuse whether i should sell or hold this share any more. what is your opinion?

Sell now.... Then I can buy 1 million shares Suspect Suspect Suspect

11Why Plantation sector not moving ? Empty Re: Why Plantation sector not moving ? Thu Aug 28, 2014 2:46 pm

MARKETWATCH2


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Market Watch wrote:
Lot of people are waiting for plantation sector. If you see the price trends in colombo tea brokers, it is upward trends..So results will be reflected in next two quarter finnacial statements.you have to wait some time.With that mind set ,I brought BIL @1.70 as it has more than 70% from plantation and it is well diversified group.NAV is around 2.9 after the right issue.It is under value share with high potention for grouth with plantation sector.There are other reosons for investing this share and few I have explained in my preveous post.

Wise ideas. Two birds in one stone.

12Why Plantation sector not moving ? Empty Re: Why Plantation sector not moving ? Thu Aug 28, 2014 4:03 pm

kadik


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

MARKETWATCH2 wrote:
Market Watch wrote:
Lot of people are waiting for plantation sector. If you see the price trends in colombo tea brokers, it is upward trends..So results will be reflected in next two quarter finnacial statements.you have to wait some time.With that mind set ,I brought BIL @1.70 as it has more than 70% from plantation and it is well diversified group.NAV is around 2.9 after the right issue.It is under value share with high potention for grouth with plantation sector.There are other reosons for investing this share and few I have explained in my preveous post.

Wise ideas. Two birds in one stone.

agreed

13Why Plantation sector not moving ? Empty Re: Why Plantation sector not moving ? Thu Aug 28, 2014 7:31 pm

schemer


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

will move at slow rate



Last edited by schemer on Thu Aug 28, 2014 7:35 pm; edited 1 time in total (Reason for editing : wrong post)

14Why Plantation sector not moving ? Empty Re: Why Plantation sector not moving ? Thu Aug 28, 2014 7:31 pm

schemer


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

platation will move ,but slow rate

15Why Plantation sector not moving ? Empty Re: Why Plantation sector not moving ? Thu Aug 28, 2014 10:13 pm

Eng Krishantha

Eng Krishantha
Expert
Expert

daminda wrote:Dear Englishkrishantha, why did you prefer MADU? Any reason ?
 one of best plantation share...

16Why Plantation sector not moving ? Empty Re: Why Plantation sector not moving ? Fri Aug 29, 2014 8:39 am

ADP

ADP
Manager - Equity Analytics
Manager - Equity Analytics

Almost all plantation stocks seem undervalued currently( if you consider price should be 12x EPS or 1.5 NAVPS).

By reading comments on the sector we see that the following effect the profitability of the sector:

1. weather 
2. wage issues.
3. World commodity prices ( Tea,rubber etc..)
4. Crude oil prices (Not sure why)

Pls comment if there are anymore to watch.

My question are: 
Whats the best way to value a plantation sector stock? ( Can we use 12x EPS or 1.5 NAVPS).
What are the other factors that will drive this sector?

I really appreciate if some knowledgeable member can share their thoughts..

17Why Plantation sector not moving ? Empty Re: Why Plantation sector not moving ? Fri Aug 29, 2014 12:17 pm

Market R

Market R
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Rubber price also fallen down from month of June 2014. Still going down. :/

18Why Plantation sector not moving ? Empty madu.n /bala.n like a come down Fri Aug 29, 2014 2:58 pm

karuna


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Suspect Suspect Suspect

19Why Plantation sector not moving ? Empty Re: Why Plantation sector not moving ? Fri Sep 05, 2014 1:06 pm

MARKETWATCH2


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Invest_Wisely wrote:I agree with Englishkrishantha, I bought MADU at around 13 the reasons being

* The current plantation rally is mainly companies exposed to Tea
* Madu EPS for the quater 30.06.2014 is more than 2 NAV is more than 50
* Mainly into Tea

Can reach 20 levels

To: KAS10

In my opinion the plantation rally has already started the share prices of companies who are exposed to tea have gone up. If Tea prices go up further these companies share prices will definitely rocket up.

Happy Trading

U right. short term target Rs.20/Rs.25. Support Rs.14.70/ Rs.16.

20Why Plantation sector not moving ? Empty Re: Why Plantation sector not moving ? Sat Sep 06, 2014 2:16 pm

Invest_Wisely


Manager - Equity Analytics
Manager - Equity Analytics

This sector will move again once the September Quarterly results are out....Buy plantation shares that are mainly exposed to Tea....

21Why Plantation sector not moving ? Empty Re: Why Plantation sector not moving ? Sat Sep 06, 2014 2:22 pm

Market R

Market R
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Invest_Wisely,
can you mention any stock that can release good reports in comming qoarter? Any predictions?

22Why Plantation sector not moving ? Empty Re: Why Plantation sector not moving ? Sat Sep 06, 2014 2:53 pm

Invest_Wisely


Manager - Equity Analytics
Manager - Equity Analytics

I have invested in

MADU @ 13
ELPL, @ 19
BALA: 31.50
HAPU: 35

If your investing buy with caution as the plantation sector as already gone up and going through a slight correction and like ADP mentioned in the post on 29.08.2014 (by ADP on Fri Aug 29, 2014 5:09 am) there is a lot of risk involved when investing in this sector....

23Why Plantation sector not moving ? Empty Re: Why Plantation sector not moving ? Sat Sep 06, 2014 4:24 pm

Market R

Market R
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Thanks Smile

24Why Plantation sector not moving ? Empty Re: Why Plantation sector not moving ? Sat Sep 06, 2014 6:24 pm

Invest_Wisely


Manager - Equity Analytics
Manager - Equity Analytics

@Market R I would also look into TPL as well....

25Why Plantation sector not moving ? Empty Re: Why Plantation sector not moving ? Sat Sep 06, 2014 8:07 pm

Market R

Market R
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Noted with thanks

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