HOPL- Rs.4 Dividend

windi5 · 1 HOPL- Rs.4 Dividend Sun Jul 17, 2011 9:02 am

windi5

Moderator

Posts : 1549
Equity Stars : 7885
Reputation : 157
Join date : 2011-05-21

The compay declared a good dividend, Rs.4 Per share, but have not fixed a XD date yet. The share is trading between 60-66 for sometimes.Coz of dividend its not coming down like bala or kota.Its a good investment, around Rs.4000 for investment of around Rs.65000.Do any one have an idea When they are gonna declare a final day. Sad

Fresher · 2 Re: HOPL- Rs.4 Dividend Sun Jul 17, 2011 10:22 am

Fresher

Moderator

Posts : 1498
Equity Stars : 7523
Reputation : 163
Join date : 2011-02-04

It has come down gradually from 75 to current levels. When dividend was announced it was arnd 68 as I remember

ipoguru · 3 Re: HOPL- Rs.4 Dividend Sun Jul 17, 2011 10:44 am

ipoguru

Senior Manager - Equity Analytics

Posts : 341
Equity Stars : 5328
Reputation : 25
Join date : 2011-03-02

windi5 wrote:The compay declared a good dividend, Rs.4 Per share, but have not fixed a XD date yet. The share is trading between 60-66 for sometimes.Coz of dividend its not coming down like bala or kota.Its a good investment, around Rs.4000 for investment of around Rs.65000.Do any one have an idea When they are gonna declare a final day. :(

They have not declared yet but check the past record. I think XD will be around 23rd August and payment around 1st of September.... Just guessing

windi5 · 4 Re: HOPL- Rs.4 Dividend Sun Jul 17, 2011 10:51 am

windi5

Moderator

Posts : 1549
Equity Stars : 7885
Reputation : 157
Join date : 2011-05-21

hmm ipoguru is right, thats the trend has been. We can expect a good result in this quarter as well. Still rubber price is high,tea mkt is doing pretty well,weather is also not bad. The wage hike will not effect this quarter results. So company has a bright future, the share price should be around 90 level according to their eps.

smallville · 5 Re: HOPL- Rs.4 Dividend Sun Jul 17, 2011 11:58 am

smallville

Associate Director - Equity Analytics

Posts : 4119
Equity Stars : 10118
Reputation : 530
Join date : 2011-02-03
Location : Back on Earth

HOPL is a nice plantation sector share if you wanna hold.. TEA + RUBBER keeps them attractive yet in difficult times.. Generally ppl fear to hold plantations for a longer period due to wage hike issues, rain like natural causes which can bring the profits down.

Talking abt their dividend.. I think the XD would fall before August 31 and this has taken many days now to announce it.. This 4 rupee div is quite a good one for a 60 rupee share.. When the market slowly started moving and with the XD announcement, I think this will move to 70s again. 59-63 range is really amusing so I keep on adding 100 a day at lowest.

After all I can sell this 4-6 rupees less even after XD without a loss if I buy at 60 range Wink

I hope unlike earlier days, if XD date could bring up forward to fit in July itself its good. But if they announce it around 22 August, I'm gonna lose my patience Wink

Last edited by smallville on Sun Jul 17, 2011 3:43 pm; edited 1 time in total (Reason for editing : changed the XD prediction dates)

windi5 · 6 Re: HOPL- Rs.4 Dividend Sun Jul 17, 2011 12:38 pm

windi5

Moderator

Posts : 1549
Equity Stars : 7885
Reputation : 157
Join date : 2011-05-21

Hmm, what a idea! thanks smallville for sharing Very Happy

xhora · 7 Re: HOPL- Rs.4 Dividend Sun Jul 17, 2011 1:17 pm

xhora

Senior Manager - Equity Analytics

Posts : 498
Equity Stars : 5413
Reputation : 70
Join date : 2011-04-24
Age : 35
Location : Colombo

hmm... according to 2010/2011 annual report cash balance at the end of the period is Rs. 91,228,000. they have 25,000,001 shares that means only Rs. 3.65 cash available for a share.

KOTA paid Rs.10 dividend. They had Rs.526,054,000 of cash for 32,000,001 shares. that is Rs.16.44 of cash per share.

player · 8 Re: HOPL- Rs.4 Dividend Sun Jul 17, 2011 1:20 pm

player

Moderator

Posts : 480
Equity Stars : 5484
Reputation : 136
Join date : 2011-06-10

i sold this shit and quit,this shit sucked more than 60% of my PF,btw i bought this thinking of dividend,but it go too much late Mad

......

smallville · 9 Re: HOPL- Rs.4 Dividend Sun Jul 17, 2011 4:39 pm

smallville

Associate Director - Equity Analytics

Posts : 4119
Equity Stars : 10118
Reputation : 530
Join date : 2011-02-03
Location : Back on Earth

Year 2011 was a golden year for HOPL, they have recorded 3.5X more profits than in 2010 as a whole.

HOPL- Rs.4 Dividend Hopl_f10

According to their balance sheet;

Total Current Assets = 500.4Mn
Total Current Liabilities = 336Mn
Hence working capital = 164.4Mn so Enuf Assets to pay up debts..

Current Ratio = 1.5. This is a good ratio. Generally a current ratio above 3 usually signals that management is not using cash very efficiently.

No of Shares = 25Mn
working capital per share = 164.4/25 = 6.57

Total Equity = 1Bn

Cash & Equivalents = 91.29Mn
Interest bearing Borrowings payable after one year = 312.2 Mn
Interest bearing Borrowings payable within one year = 80.8 Mn
Lease Creditors payable within one year = 12.6Mn
Short Term Borrowings = Nil

Current trading @ PE = 60/13.18 = 4.55 in a plantation sector where once the ambiguity, cyclicality, natural hazards are discounted fair PE could be taken as 7.0 at least.

Monster · 10 Re: HOPL- Rs.4 Dividend Sun Jul 17, 2011 5:18 pm

Monster

Senior Vice President - Equity Analytics

Posts : 1708
Equity Stars : 8194
Reputation : 279
Join date : 2011-01-22

I am still holding HOPL, which I purchased at Rs 32/-. And purchased again at Rs.60/- last week.

Light of Hope · 11 Re: HOPL- Rs.4 Dividend Sun Jul 17, 2011 6:13 pm

Light of Hope

Vice President - Equity Analytics

Posts : 1014
Equity Stars : 5904
Reputation : 59
Join date : 2011-04-04

The trend with Dividends is not that good, I have been following almost all the attractive dividends
CONN, DFCC, JINS, KOTA, MBSL and WATA the share price falls so much after the XD date, it's really difficult to make a sizable profit with the dividend.

So I don't recommend someone to buy a share just because of a dividend, it's not worth it

windi5 · 12 Re: HOPL- Rs.4 Dividend Sun Jul 17, 2011 11:22 pm

windi5

Moderator

Posts : 1549
Equity Stars : 7885
Reputation : 157
Join date : 2011-05-21

Hey nice technical illustration well done Smallvile.what do you think about the 1st quarter of this financial year. Monster had bought at right time, he still holding means something good is there, no worries then. I love you

Soundchips · 13 Re: HOPL- Rs.4 Dividend Mon Jul 18, 2011 7:48 am

Soundchips

Senior Manager - Equity Analytics

Posts : 576
Equity Stars : 5558
Reputation : 138
Join date : 2011-02-05

HOPL RICH and KGAL might show an upward trend...

ABEST · 14 Re: HOPL- Rs.4 Dividend Mon Jul 18, 2011 7:54 am

ABEST

Senior Manager - Equity Analytics

Posts : 556
Equity Stars : 5763
Reputation : 14
Join date : 2011-06-26

all plantation company shares are in low prices with huge profits

HORANA PLANTATIONS PLC
Company ID: - HOPL
Date of Announcement:-07.Jun.2011
Rate of Dividend: - Rs. 4.00 per share / Final Dividend
Financial Year: - 2010/2011
Dates to be notified

Dividend Announcement

27 May 2011

KEGALLE PLANTATIONS PLC
Company ID: - KGAL
Date of Announcement:-27.May.2011
Rate of Dividend: - Rs. 0.50 per share / Final Dividend
Financial Year: - 2010/2011
Shareholder Approval: - Required
AGM:-30-Jun-2011
XD:-01.Jul.2011
Payment: - 08.Jul.2011
Share Transfer Book Open

Dividend Announcement

21 March 2011

KEGALLE PLANTATIONS PLC
Company ID: - KGAL
Date of Announcement:-21.Mar.2011
Rate of Dividend: - Rs. 2.50 per share / Interim Dividend
Financial Year: - 2010/2011
XD:-30.Mar.2011
Payment: - 31.Mar.2011
Share Transfer Book Open

TALAWAKELLE TEA ESTATES PLC
Company ID: - TPL
Date of Announcement:-14.Feb.2011
Rate of Dividend: - Rs.2.50 per share / First & Final Dividend
Financial Year: - 2010
Shareholder Approval: - Required
AGM:- 30.Mar.2011
XD:-31-Mar-2011
Payment: - 08.Apr.2011
Share Transfer Book Open

Date of Announcement:-31.May.2011
Rate of Dividend: - Rs. 5.00 per share / Final Dividend
Financial Year: - 2010/2011
Shareholder Approval: - Required
AGM: - 30.Jun. 2011
XD:-01.Jul.2011
Payment: - 11.Jul.2011
Share Transfer Book Open

AGALAWATTE PLANTATIONS PLC
Company ID: - AGAL
Date of Announcement:-04.Mar.2011
Rate of Dividend: - Rs.2.50 per share / First & Final Dividend
Financial Year: - 2010
Shareholder Approval: - Required
AGM:- 31.Mar.2011
XD:-01.Apr.2011
Payment: - 11.Apr.2011
Share Transfer Book Open

MADU,UDPL,NAMU are also good shares
not recommended to buy,sell or hold any shares

smallville · 15 Re: HOPL- Rs.4 Dividend Mon Jul 18, 2011 11:19 am

smallville

Associate Director - Equity Analytics

Posts : 4119
Equity Stars : 10118
Reputation : 530
Join date : 2011-02-03
Location : Back on Earth

windi5 wrote:Hey nice technical illustration well done Smallvile.what do you think about the 1st quarter of this financial year. Monster had bought at right time, he still holding means something good is there, no worries then.

Overall result for the year 2011 sounds good.. u might've seen the improvement over the last year.. So this 4 rupee dividend is a good present for their investors..
We cannot exactly expect the same profit ratios to be retained due to the new wage hike issue.. HOPL has a higher tea exposure unlike KGAL.. So their bottom line wil get affected due to the increased costs but I think if no rains adversely effect their Tea then they would do the max at the present situation as well..

Aamiable · 16 Re: HOPL- Rs.4 Dividend Mon Jul 18, 2011 11:49 am

Aamiable

Vice President - Equity Analytics

Posts : 1284
Equity Stars : 6298
Reputation : 176
Join date : 2011-02-21

yes , keeping hopes for HOPL and KGAL

Sponsored content

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Name*:
Phone number:
Email address*:
Comments*:
* - required fields	Learn

Latest topics

HOPL- Rs.4 Dividend

1 HOPL- Rs.4 Dividend Sun Jul 17, 2011 9:02 am

windi5

2 Re: HOPL- Rs.4 Dividend Sun Jul 17, 2011 10:22 am

Fresher

3 Re: HOPL- Rs.4 Dividend Sun Jul 17, 2011 10:44 am

ipoguru

4 Re: HOPL- Rs.4 Dividend Sun Jul 17, 2011 10:51 am

windi5

5 Re: HOPL- Rs.4 Dividend Sun Jul 17, 2011 11:58 am

smallville

6 Re: HOPL- Rs.4 Dividend Sun Jul 17, 2011 12:38 pm

windi5

7 Re: HOPL- Rs.4 Dividend Sun Jul 17, 2011 1:17 pm

xhora

8 Re: HOPL- Rs.4 Dividend Sun Jul 17, 2011 1:20 pm

player

9 Re: HOPL- Rs.4 Dividend Sun Jul 17, 2011 4:39 pm

smallville

10 Re: HOPL- Rs.4 Dividend Sun Jul 17, 2011 5:18 pm

Monster

11 Re: HOPL- Rs.4 Dividend Sun Jul 17, 2011 6:13 pm

Light of Hope

12 Re: HOPL- Rs.4 Dividend Sun Jul 17, 2011 11:22 pm

windi5

13 Re: HOPL- Rs.4 Dividend Mon Jul 18, 2011 7:48 am

Soundchips

14 Re: HOPL- Rs.4 Dividend Mon Jul 18, 2011 7:54 am

ABEST

15 Re: HOPL- Rs.4 Dividend Mon Jul 18, 2011 11:19 am

smallville

16 Re: HOPL- Rs.4 Dividend Mon Jul 18, 2011 11:49 am

Aamiable

17 Re: HOPL- Rs.4 Dividend

Sponsored content

New topics