KOTA Vs KGAL

hotstock · 1 KOTA Vs KGAL Wed Feb 09, 2011 3:47 pm

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Both KOTA and KGAL are major rubber plantation stocks benefitting from rising rubber prices
KGAL is valued at 270 levels and KOTA is at 210 levels..
Which one could be most attractive?

Last edited by Quibit on Thu Feb 10, 2011 10:53 am; edited 1 time in total (Reason for editing : format condensed)

is · 2 Re: KOTA Vs KGAL Wed Feb 09, 2011 4:46 pm

is

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TE based on results upto now...

Sector PER =14.49

Lets consider KOTA
last year (year ended in 31st Mar 2010) EPS =11.78

Projected EPS for this year based on trailed earning. :14.51
This could be around 16 with december Q profit and future earning...

Value :210..

KGAL:
Last year EPs:14.63
Project EPS for this year based on trailed earning... :24.25

Value:351

So fair value for KOTA and KGAL based on past earning are 210 and 351...But if u take forward earning this could be around 308 & 475 respectively...But this depends on lot of external factors such as Climate,Wage issue,Demand for rubber for next 6 months,Rubber prices for next 6 months... if all remain positive value will be 308 & 475.

upuldi · 3 Re: KOTA Vs KGAL Wed Feb 09, 2011 6:03 pm

upuldi

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how do u got the sector PER ? as per the cse.lk
(http://www.cse.lk/sectors/sectorSummary.htm) plantation PER is 28.50.

KOTA

As per their financials for the last 6 months ended their eps is 7.94, hence the annualized is 7.94 X 2 = 15.88, so the price should be 15.88 X 28.50 = 452.58

since i am extreme new to this , wonder where i missed ?? Please advice ????

cyclops

is · 4 KOTA Vs KGAL Thu Feb 10, 2011 10:43 am

is

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I used the sector PER that is in my Broker's weekly report...My broker is NDBS...

I also will double check with my broker on the sector PER....

limestone · 5 Re: KOTA Vs KGAL Thu Feb 10, 2011 7:24 pm

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don't believe in CSE reports blindly . for example sector PER of IT is given as 3000+ . can you believe this ?

cselk · 6 Re: KOTA Vs KGAL Thu Feb 10, 2011 8:59 pm

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is wrote:TE based on results upto now...

Sector PER =14.49

Lets consider KOTA
last year (year ended in 31st Mar 2010) EPS =11.78

Projected EPS for this year based on trailed earning. :14.51
This could be around 16 with december Q profit and future earning...

Value :210..

KGAL:
Last year EPs:14.63
Project EPS for this year based on trailed earning... :24.25

Value:351

So fair value for KOTA and KGAL based on past earning are 210 and 351...But if u take forward earning this could be around 308 & 475 respectively...But this depends on lot of external factors such as Climate,Wage issue,Demand for rubber for next 6 months,Rubber prices for next 6 months... if all remain positive value will be 308 & 475.

i'm sure projeced EPS for this year will definitly more than the above levels

KOTA : 7.84 (Q1 + Q2) , lets say 6.5 each for Q3 + Q4 = 20.85
(Q1 EPS was 1.74, I put approx Q2 EPS for Q3 and Q4 coz all time high rubber prices)

so KOTA fair value would be : 20.8 x 14.49 = 301

KGAL : 5.07 + 8.65 + 9.15 + 9.15 (projected) = 32.02

Fair value = 31.02 x 14.49 = 449

correct me if i'm wrong..

Slstock · 7 Re: KOTA Vs KGAL Fri Feb 11, 2011 1:36 am

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cselk wrote:

is wrote:TE based on results upto now...

Sector PER =14.49

Lets consider KOTA
last year (year ended in 31st Mar 2010) EPS =11.78

Projected EPS for this year based on trailed earning. :14.51
This could be around 16 with december Q profit and future earning...

Value :210..

KGAL:
Last year EPs:14.63
Project EPS for this year based on trailed earning... :24.25

Value:351

So fair value for KOTA and KGAL based on past earning are 210 and 351...But if u take forward earning this could be around 308 & 475 respectively...But this depends on lot of external factors such as Climate,Wage issue,Demand for rubber for next 6 months,Rubber prices for next 6 months... if all remain positive value will be 308 & 475.

i'm sure projeced EPS for this year will definitly more than the above levels

KOTA : 7.84 (Q1 + Q2) , lets say 6.5 each for Q3 + Q4 = 20.85
(Q1 EPS was 1.74, I put approx Q2 EPS for Q3 and Q4 coz all time high rubber prices)

so KOTA fair value would be : 20.8 x 14.49 = 301

KGAL : 5.07 + 8.65 + 9.15 + 9.15 (projected) = 32.02

Fair value = 31.02 x 14.49 = 449

correct me if i'm wrong..

Remember that Plantation sector PE is not always that high due to reasons within. However sometimes the market can treat a special share with a higher one like 14 in the shorter term depending on future expectations. Thats what happned with trailing EPS for KOTA. KGAL is worth around RS 350 I think.