Demand for tea in the US is growing

VALUEPICK · 1 Demand for tea in the US is growing Sat May 30, 2015 10:52 am

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http://www.cctv-america.com/2015/05/16/demand-for-tea-in-the-us-is-growing

nimantha80 · 2 Re: Demand for tea in the US is growing Sat May 30, 2015 11:02 am

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Sri Lankan tea plantations are reeling.See the March quarter.

MASK
https://www.cse.lk/cmt/upload_report_file/723_1432894064428.pdf

BOPL
https://www.cse.lk/cmt/upload_report_file/706_1432558172353.pdf

WATA
https://www.cse.lk/cmt/upload_report_file/728_1432291551017.pdf

KOTA
https://www.cse.lk/cmt/upload_report_file/713_1432892615124.pdf

MADU
https://www.cse.lk/cmt/upload_report_file/721_1431429801651.pdf

TPL is the outlier.

VALUEPICK · 3 Re: Demand for tea in the US is growing Sat May 30, 2015 11:49 am

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Thank you for the links.

Yes TPL is exceptional. Profits of WATA and BOPL are marginally down in this quarter. However they have made profit on the 12 month basis. In fact 12 months earnings of BOPL has gone up when compare with corresponding last year. We cannot expect good quarterly results next quarter as well. However when tea prices started to recover or sudden rise in tea prices globally could generate above average results for tea investors. 12 month results for MASK and KOTA is also not that great. In the tea group after TPL, WATA and BOPL have done well when compare with other stocks in the group. Another Plantation company KAHA mainly they have low grown tea having net asset per share 13.15 and similar performances to WATA and BOPL is trading above Rs.30. On the other hand WATA and BOPL are trading around Rs. 20 and Rs 12 respectively. Therefore after TPL, BOPL is very attractive in the tea group.

VALUEPICK · 4 Re: Demand for tea in the US is growing Sat May 30, 2015 1:15 pm

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https://www.agra-net.net/agra/public-ledger/commodities/softs/tea/turkey-emerges-as-key-sri-lankan-tea-buyer-371529.htm

Turkey emerges as key Sri Lankan tea buyer

http://www.colombopage.com/archive_15A/May17_1431875875CH.php

Sri Lanka seeks tea-for-oil barter deal with Iran - report