CFVF VS WATA

RPPA · 1 CFVF VS WATA Tue Oct 28, 2014 9:54 am

RPPA

Expert

Posts : 2565
Equity Stars : 8424
Reputation : 91
Join date : 2014-09-17

Just think now how the key market players play their game.

CFVF - Results outstanding. Share price came down after releasing the results.

WATA - Results poor. Strong buying.Some one Not allowing the price to fall clearly. Early morning matched the seller till Rs.20.40.

So what we can understand is that most, stocks if not all stocks appreciate OR depreciate in accordance of the requirements of certain groups or individuals.

Nitro 7 · 2 Re: CFVF VS WATA Tue Oct 28, 2014 9:56 am

Nitro 7

Senior Manager - Equity Analytics

Posts : 349
Equity Stars : 4929
Reputation : 48
Join date : 2014-08-24

WATAWALA PLANTATIONS - DIVIDEND ANNOUNCEMENT
WATAWALA PLANTATIONS PLC
Company ID: - WATA
Date of Announcement: - 27.Oct.2014
Dividend per Share: - Rs. 0.95 per share / Interim Dividend
Financial Year: - 2014/2015
XD: - 05.Nov.2014
Payment: - 17.Nov.2014
Share Transfer Book Open

Nuwan Samarawickrama · 3 Re: CFVF VS WATA Tue Oct 28, 2014 10:03 am

Nuwan Samarawickrama

Assistant Vice President - Equity Analytics

Posts : 642
Equity Stars : 5377
Reputation : 11
Join date : 2014-09-01
Age : 41
Location : Colombo 14

Price coming down ! Why ???

Sad

RPPA · 4 Re: CFVF VS WATA Tue Oct 28, 2014 10:06 am

RPPA

Expert

Posts : 2565
Equity Stars : 8424
Reputation : 91
Join date : 2014-09-17

Nuwan Samarawickrama wrote:Price coming down ! Why ???

POOR RESULTS.

Why did you held on should have sod @ 20.10. Can buy back @ 18/-

Nitro 7 · 5 Re: CFVF VS WATA Tue Oct 28, 2014 10:14 am

Nitro 7

Senior Manager - Equity Analytics

Posts : 349
Equity Stars : 4929
Reputation : 48
Join date : 2014-08-24

Rapa - It will depend on how the big players want. I see 2 top 20 people actively buying.

Dividend play will come in as well.

So can't be sure of what will happen.

opfdo · 6 Re: CFVF VS WATA Tue Oct 28, 2014 10:15 am

opfdo

Vice President - Equity Analytics

Posts : 1313
Equity Stars : 7867
Reputation : 136
Join date : 2011-05-26
Location : Sri Lanka

Nuwan Samarawickrama wrote:Price coming down ! Why ???

Morning it was manipulated.... who bought at 20.50.......at least you can have a dividend

aiyosalli · 7 Re: CFVF VS WATA Tue Oct 28, 2014 10:17 am

aiyosalli

Manager - Equity Analytics

Posts : 218
Equity Stars : 4571
Reputation : 5
Join date : 2012-09-15
Location : Colombo

Neither of plantation companies are doing well in this current market situation.Rubber prices are averaged at 250/- which were around 300/- to 400/- in early years.Also the tea prices didn't seems a much pick up .Also with the increase of 2% additional EPF contribution most of the plantation companies are hit nearly 20-Mn per annum since those are labour intensive. WATA is lit bit better than others coz they are backed by oil palm.

Nitro 7 · 8 Re: CFVF VS WATA Tue Oct 28, 2014 10:24 am

Nitro 7

Senior Manager - Equity Analytics

Posts : 349
Equity Stars : 4929
Reputation : 48
Join date : 2014-08-24

Effect of a strong dividend... 5% of capital within 3 week

This could run towards Rs 23 when the selling eases

opfdo wrote:

Nuwan Samarawickrama wrote:Price coming down ! Why ???

Morning it was manipulated.... who bought at 20.50.......at least you can have a dividend

opfdo · 9 Re: CFVF VS WATA Tue Oct 28, 2014 10:32 am

opfdo

Vice President - Equity Analytics

Posts : 1313
Equity Stars : 7867
Reputation : 136
Join date : 2011-05-26
Location : Sri Lanka

aiyosalli wrote:Neither of plantation companies are doing well in this current market situation.Rubber prices are averaged at 250/- which were around 300/- to 400/- in early years.Also the tea prices didn't seems a much pick up .Also with the increase of 2% additional EPF contribution most of the plantation companies are hit nearly 20-Mn per annum since those are labour intensive. WATA is lit bit better than others coz they are backed by oil palm.

all are negative facts....what are the positive facts aiyo....

aiyosalli · 10 Re: CFVF VS WATA Tue Oct 28, 2014 10:36 am

aiyosalli

Manager - Equity Analytics

Posts : 218
Equity Stars : 4571
Reputation : 5
Join date : 2012-09-15
Location : Colombo

opfdo wrote:

aiyosalli wrote:Neither of plantation companies are doing well in this current market situation.Rubber prices are averaged at 250/- which were around 300/- to 400/- in early years.Also the tea prices didn't seems a much pick up .Also with the increase of 2% additional EPF contribution most of the plantation companies are hit nearly 20-Mn per annum since those are labour intensive. WATA is lit bit better than others coz they are backed by oil palm.

all are negative facts....what are the positive facts aiyo....

Positive....

Backed by oil palm that is their strengh only four plantations are doing oilpalm in large scales.All others crops like Tea and rubber affected by current market condition.

Opps i became a pessimistic creature in this forum.Common guys is not that......

opfdo · 11 Re: CFVF VS WATA Tue Oct 28, 2014 11:01 am

opfdo

Vice President - Equity Analytics

Posts : 1313
Equity Stars : 7867
Reputation : 136
Join date : 2011-05-26
Location : Sri Lanka

aiyosalli wrote:

opfdo wrote:

aiyosalli wrote:Neither of plantation companies are doing well in this current market situation.Rubber prices are averaged at 250/- which were around 300/- to 400/- in early years.Also the tea prices didn't seems a much pick up .Also with the increase of 2% additional EPF contribution most of the plantation companies are hit nearly 20-Mn per annum since those are labour intensive. WATA is lit bit better than others coz they are backed by oil palm.

all are negative facts....what are the positive facts aiyo....

Positive....

Backed by oil palm that is their strengh only four plantations are doing oilpalm in large scales.All others crops like Tea and rubber affected by current market condition.

Opps i became a pessimistic creature in this forum.Common guys is not that......

yes, sometime it is good to prepare for the worst...

opfdo · 12 Re: CFVF VS WATA Tue Oct 28, 2014 11:06 am

opfdo

Vice President - Equity Analytics

Posts : 1313
Equity Stars : 7867
Reputation : 136
Join date : 2011-05-26
Location : Sri Lanka

players love CFVF at 51.90........

Nitro 7 · 13 Re: CFVF VS WATA Tue Oct 28, 2014 11:12 am

Nitro 7

Senior Manager - Equity Analytics

Posts : 349
Equity Stars : 4929
Reputation : 48
Join date : 2014-08-24

By the way, this will happen within the year. How fast will depend on how the big players wants to play.

Nitro 7 wrote:Effect of a strong dividend... 5% of capital within 3 week

This could run towards Rs 23 when the selling eases

opfdo wrote:

Nuwan Samarawickrama wrote:Price coming down ! Why ???

Morning it was manipulated.... who bought at 20.50.......at least you can have a dividend