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BALA forward P/E 4 (one of the lowest in the industry as well as the CSE)
Share Price - 35
Cash per Share - 21
NAVP - 61 (very conservative estimate as the timber stocks and other assets are well below real market prices)
Last years dividend was LKR 2 per share. Almost a 6% dividend yield alone.
BALA trading at almost 50% the book value.
One of the best plantation companies with very low debt.
Lifting of the Tea import ban in Syria last week and also the end of the war which will happen soon in Libya will be great for the tea industry. Increase in wealth in Russia will have a positive impact on the tea exports of Sri Lanka too.
Share Price - 35
Cash per Share - 21
NAVP - 61 (very conservative estimate as the timber stocks and other assets are well below real market prices)
Last years dividend was LKR 2 per share. Almost a 6% dividend yield alone.
BALA trading at almost 50% the book value.
One of the best plantation companies with very low debt.
Lifting of the Tea import ban in Syria last week and also the end of the war which will happen soon in Libya will be great for the tea industry. Increase in wealth in Russia will have a positive impact on the tea exports of Sri Lanka too.
