COCO Lanka - Value Gem

Coco Lanka PLC is a Sri Lanka-based investment company for agricultural ventures. Until December 31, 2008, the Company was engaged in the manufacturing and marketing of agricultural products and with effect from 1st January 2009 the principle activity is investment in agricultural ventures. Some of the Company's subsidiaries include Renuka Agrifoods Ltd., Renuka Teas (Cey) Ltd., Renuka Organics (Pvt) Ltd.and kandy Plantations Ltd.

The company also cultivates, manufactures, and exports organic products, such as canned fruits, fruit relishes, fruit beverages, spices, and virgin coconut oil.

In addition, it manufactures and exports Ceylon black, green, flavoured, and herbal tea in bulk, packets, tea bags, and specialty packaging. The company is based in Colombo, Sri Lanka. Coco Lanka PLC is a subsidiary of Renuka Agro Exports Limited.

Future Direction

The company’s principal activity was re classified as investment company for Agricultural ventures, hence the company is keen on acquisitions focusing mainly on the agriculture, food and beverage sectors. Even though COCO is functioning as an Investment Trust at present, according to the present classification of CSE it comes under the sub sector Beverage Food and Tobacco.

Subsidiaries of Coco Lanka

The Financial Statements of the Group represents the consolidation of the Financial Statements of the Company and of its subsidiaries listed below,

Renuka Agri Foods PLC
Renuka Organics (Pvt) Ltd
Renuka Teas (Ceylon) (Pvt) Ltd
Kandy Plantations Ltd
Renuka Witsenburg Organics(Pvt) Ltd
Campbell Teas (Pvt) Ltd
Renuka Trading (Pvt) Ltd
Ceylon Forestry (Pvt) Ltd
Ceylon Botanicals (Pvt) Ltd

Current Valuation

Last 9 profit ------ 237-48(minority interest) = 189Mn

EPS ------ 189/21 = 9

Annualized ----- 9/3*4 = 12

Projected Price -------- 12@ 15PE = Rs 180/-


Gud Luck

the term value gem is discredited. Haven't you heard of investnow?

Can you please highlight the valuation of RAL..which is a subsidiary of COCO..is it worh buying at This price(6.80-6.90)..Is it also a value gem

ONTHEMONEY wrote:Coco Lanka PLC is a Sri Lanka-based investment company for agricultural ventures. Until December 31, 2008, the Company was engaged in the manufacturing and marketing of agricultural products and with effect from 1st January 2009 the principle activity is investment in agricultural ventures. Some of the Company's subsidiaries include Renuka Agrifoods Ltd., Renuka Teas (Cey) Ltd., Renuka Organics (Pvt) Ltd.and kandy Plantations Ltd.

The company also cultivates, manufactures, and exports organic products, such as canned fruits, fruit relishes, fruit beverages, spices, and virgin coconut oil.

In addition, it manufactures and exports Ceylon black, green, flavoured, and herbal tea in bulk, packets, tea bags, and specialty packaging. The company is based in Colombo, Sri Lanka. Coco Lanka PLC is a subsidiary of Renuka Agro Exports Limited.

Future Direction

The company’s principal activity was re classified as investment company for Agricultural ventures, hence the company is keen on acquisitions focusing mainly on the agriculture, food and beverage sectors. Even though COCO is functioning as an Investment Trust at present, according to the present classification of CSE it comes under the sub sector Beverage Food and Tobacco.

Subsidiaries of Coco Lanka

The Financial Statements of the Group represents the consolidation of the Financial Statements of the Company and of its subsidiaries listed below,

Renuka Agri Foods PLC
Renuka Organics (Pvt) Ltd
Renuka Teas (Ceylon) (Pvt) Ltd
Kandy Plantations Ltd
Renuka Witsenburg Organics(Pvt) Ltd
Campbell Teas (Pvt) Ltd
Renuka Trading (Pvt) Ltd
Ceylon Forestry (Pvt) Ltd
Ceylon Botanicals (Pvt) Ltd

Current Valuation

Last 9 profit ------ 237-48(minority interest) = 189Mn

EPS ------ 189/21 = 9

Annualized ----- 9/3*4 = 12

Projected Price -------- 12@ 15PE = Rs 180/-


Gud Luck

COCO.N, BVPS : 47.6

NP Last quarter 156.8
NP Comparative Quarter (2009) 50.9
NP last quarter YoY 208.2%

NP 9 months cumulative period 189.2
NP Comparative 9 months cumulative period (2009) 84.8
NP Comparative 9 months cumulative period YoY 123.1%

EPS Last quarter 6.7
EPS 2 quarter cumulative period : 8.1 (189.2 / 21.6 + 1.8 ) (Year end March)

Trailing EPS (last 4 quarters sum) : 10.1
current sector PE 23, if we discounted to @ 15
price can be 10.1 X 15 = 151

Trailing EPS (AVG of last 2 quarters) : 8.1/2 X 4 = 16.2
current sector PE 23, if we discounted to @ 15
price can be 16.2 X 15 = 243

Thank you for information.

coco Co. ??????

Several time noted Impotency of this share.

http://forum.srilankaequity.com/t34891-what-is-the-expected-value-of-coco-n-and-rhl-x?highlight=coco

What is the expected value of COCO N and RHL X?
Post by Eng Krishantha on Wed Jul 09, 2014 10:30 pm

COCO=20
RHL X=30?????????

Now time to move second step
From 18.5 to 20

I am collecting COCO.

I think it is one of the undervalued stock. Very attractive prices at these levels and if anyone interested you can gain more 25% gain in short/medium term.

Gud Luck

mmmmmmh

I bought COCO YESTERDAY WHAT SHOULD BE THE EXIT PRICE FOR COCO

Also look at COCO.X. When there is a dividend you will get more benefit as a retailer.

Meman wrote:Also look at COCO.X. When there is a dividend you will get more benefit as a retailer.  

OK THANX..ANY IDEA ON THE EXIT PRICE

OzTRADER wrote:

Meman wrote:Also look at COCO.X. When there is a dividend you will get more benefit as a retailer.  

OK THANX..ANY IDEA ON THE EXIT PRICE

After results and dividends announced can get about 15%-20%. Need to get in now.

Meman wrote:

OzTRADER wrote:

Meman wrote:Also look at COCO.X. When there is a dividend you will get more benefit as a retailer.  

OK THANX..ANY IDEA ON THE EXIT PRICE

After results and dividends announced can get about 15%-20%. Need to get in now.

thanx....already in..holding 16000 shares

this is more than a Diamond not only a Gem!

DealKing wrote:this is more than a Diamond not only a Gem!

OH....come on now your getting all emotional

OzTRADER wrote:

DealKing wrote:this is more than a Diamond not only a Gem!

OH....come on now your getting all emotional

No Emotions it is only about the value of share.COCO is now worth like a Diamond in the market.

DealKing wrote:

OzTRADER wrote:

DealKing wrote:this is more than a Diamond not only a Gem!

OH....come on now your getting all emotional

No Emotions it is only about the value of share.COCO is now worth like a Diamond in the market.

yeh i know i hold 35,000 shares and 20,000 coco x

DealKing wrote:

OzTRADER wrote:

DealKing wrote:this is more than a Diamond not only a Gem!

OH....come on now your getting all emotional

No Emotions it is only about the value of share.COCO is now worth like a Diamond in the market.

Mr . King

COCO is a good share. It will appreciate about 30%-40% in 3 MTHS.

CFVF,-----, KAPI are gems

Stock will become a gem when it gives you highest possible return, say 100% with in short period.
2 mths.

RPPA wrote:

DealKing wrote:

OzTRADER wrote:

DealKing wrote:this is more than a Diamond not only a Gem!

OH....come on now your getting all emotional

No Emotions it is only about the value of share.COCO is now worth like a Diamond in the market.

Mr . King

COCO is a good share. It will appreciate about 30%-40% in 3 MTHS.

CFVF,-----, KAPI are gems

Stock will become a gem when it gives you highest possible  return, say 100% with in short period.
2 mths.

what are the low price shares that we can get 50% to 70% within 2 months...