The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» Thread for News on CSE and SL Economy
Yesterday at 8:44 pm by ruwan326

» Dividend Announcement
Yesterday at 7:20 pm by nihal123

» මූර්ත පොළියෙන් ශ්‍රී ලංකාව අංක 1ට – බ්ලූම්බර්ග් අනාවරණය කරයි
Yesterday at 7:18 pm by nihal123

» Obituary Notice.
Yesterday at 7:14 am by කිත්සිරි ද සිල්වා

» Trading Journal
Sun Jan 20, 2019 5:53 am by serene

» LDEV - Lankem Developments
Fri Jan 18, 2019 2:11 pm by ruwan326

» AMF.N0000
Fri Jan 18, 2019 8:34 am by serene

» අනං මනං! #/+?.<>
Fri Jan 18, 2019 5:04 am by Ethical Trader

» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
Fri Jan 18, 2019 1:14 am by serene

» MTD WALKERS - KAPI
Thu Jan 17, 2019 6:50 pm by dhanurrox

» විශිෂ්ඨ සිල්ලර වෙළෙන්දෙකුගේ ජීවිත කතාව
Thu Jan 17, 2019 12:15 pm by Ethical Trader

» Flying is the Safest mode of Transport
Thu Jan 17, 2019 6:37 am by කිත්සිරි ද සිල්වා

» AAIC.N0000
Wed Jan 16, 2019 9:50 pm by serene

» இனிய பொங்கல்
Tue Jan 15, 2019 9:15 pm by nihal123

» DIPD.N0000 (Dipped Products)
Tue Jan 15, 2019 8:18 pm by PANTOMATH

» HUNA.N0000
Mon Jan 14, 2019 5:29 pm by Ethical Trader

» Blessing in Disguise!! It's high time Brothers!!
Sun Jan 13, 2019 11:35 am by serene

» Thread for News on Local and Foreign Politics
Sat Jan 12, 2019 8:26 am by ruwan326

» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
Thu Jan 10, 2019 8:45 pm by PANTOMATH

» කෝටි 4620 ක බැඳුම්කර නීතියට පිටින් ශ‍්‍රී ලංකන්ට දීලා
Mon Jan 07, 2019 6:18 pm by Ethical Trader

» JINS.N0000 ( Janashakthi Insurance PLC)
Sun Jan 06, 2019 1:12 pm by smallville

» Thread for News on International Markets
Fri Jan 04, 2019 9:40 am by The Invisible

» අවුරුද්ද අප කයි - අපි අවුරද්ද කමු (ජනවාරි පළමුවැනිදා)
Tue Jan 01, 2019 6:23 pm by malanp

» සැන්ඩි එපා!
Tue Jan 01, 2019 6:01 pm by serene

» අසිරිමත් සුබ නව වසරකට ආසිරි !
Tue Jan 01, 2019 5:08 pm by PANTOMATH

» SHL.N0000 (Softlogic Holdings PLC)
Mon Dec 31, 2018 6:04 pm by EBHRAHIMCANADA

»  වසරක කාලය තුළ ඉන්දියාවේ ඉහළම ආදායම් ලාභීන්
Mon Dec 31, 2018 2:47 am by nihal123

» අයදුමේ දී ඡායාරූප ‘ඇලවීම‘ අවශ්‍ය නැති ජාතික හැඳුනුම්පත ජනවාරි 01 සිට දිවයිනටම
Sun Dec 30, 2018 9:37 pm by lanka

» මැදපෙරදිගට පමණක්‘ පාස්පෝට් මින් ඉදිරියට නැහැ
Thu Dec 27, 2018 5:18 pm by Ethical Trader

» BFN - Orient Finance
Wed Dec 26, 2018 6:53 pm by serene

» Wishing Everyone a Happy Christmas !
Wed Dec 26, 2018 7:27 am by spw19721

» Happy Birthday
Tue Dec 25, 2018 11:13 am by sashimaal

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
Fri Dec 21, 2018 9:41 am by The Invisible

» In the Meantime, Within Our Shores !
Thu Dec 20, 2018 9:44 am by කිත්සිරි ද සිල්වා

» Buy International English Language Testing System (IELTS) in jordan((WhatsApp:+237675967490))
Mon Dec 17, 2018 10:55 am by nihal123

» AINS - Arpico Insurance
Thu Dec 13, 2018 10:43 am by The Invisible

» CFVF - First Capital
Thu Dec 13, 2018 5:18 am by Ethical Trader

» බඩගිනී
Tue Dec 11, 2018 9:20 am by Ethical Trader

»  Rajgama heroes !
Sun Dec 09, 2018 9:43 am by කිත්සිරි ද සිල්වා

» BOPL.N0000 (Bogawantalawa Tea Estates PLC)
Fri Dec 07, 2018 7:35 am by The Invisible

» Sri Lanka economic slowdown trims company profits, bank earnings grow
Thu Dec 06, 2018 3:04 pm by nihal123

» Better Than Bitcoin
Thu Dec 06, 2018 9:42 am by කිත්සිරි ද සිල්වා

» Hutchison, Etisalat complete mobile networks merger in Sri Lanka
Wed Dec 05, 2018 9:30 am by The Invisible

» Oil prices surge more than 5-pct
Mon Dec 03, 2018 1:53 pm by Ethical Trader

» CCS.N0000 ( Ceylon Cold Stores)
Mon Dec 03, 2018 10:03 am by The Invisible

» HAYC - Haycarb
Sun Dec 02, 2018 3:04 pm by xmart

» LGL Laugfs Gas
Fri Nov 30, 2018 9:43 am by The Invisible

» Oil prices gain as investors eye Fed relief on interest rates
Fri Nov 30, 2018 9:41 am by The Invisible

» ලැයිස්තුගත සමාගම් 8 ක් කොටස් ගනුදෙනු තහනම් වීමේ අවදානමක
Thu Nov 29, 2018 11:34 am by nihal123

» අපි තනිකර ලෝකය දිව යන්නේ
Thu Nov 29, 2018 11:32 am by කිත්සිරි ද සිල්වා

January 2019
SunMonTueWedThuFriSat
  12345
6789101112
13141516171819
20212223242526
2728293031  

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

TPL.N0000 (TALAWAKALE PLANTATIONS )

Page 1 of 4 1, 2, 3, 4  Next

Go down

TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 7:38 am

Warning 

The share I am going to talk TPL will go down in price by at least Rs 3 immediately after XD.. So its not for trading immediately..

Salary revision and uncertainty situation of the buyer nations will act adversely so its not a buying recommendation for those who think long term means less than two years..

TPL.N is identified by Hunter by executing his alchemist formula..My effort here is to do a deep analysis which is quantitative as well as qualitative by nature..


Last edited by yellow knife on Tue Jul 07, 2015 7:45 am; edited 2 times in total (Reason for editing : to start another thread with the same name)

yellow knife
Top contributor
Top contributor

Posts : 6142
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 7:50 am

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6142
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 7:52 am

Group Revenue has continuously gone up and 2014 is missing in above chart as 2015 is taken as 15 month .
Therefore the chart will give a slightly distorted pattern at the end. I took the information from ten year summary of the annual report of TPL

yellow knife
Top contributor
Top contributor

Posts : 6142
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by First Guy on Wed Jun 24, 2015 7:57 am

yellow knife wrote:Group Revenue has continuously gone up and 2014 is missing in above chart as 2015 is taken as 15 month .
Therefore the chart will give a slightly distorted pattern at the end. I took the information from ten year summary of the annual report of TPL

If you want a number to compare correctly, you can deduct the March quarter revenue from the 15 month figure to get the "2014" revenue.

I think they are going to change the accounting year end to March from December or already have.
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 8:51 am

Yes FG. they have added three months to 15 months and from next year they may shift to a March Company from the current December end.. However when evaluating above chart the Group revenue has been steadily going up.

yellow knife
Top contributor
Top contributor

Posts : 6142
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 8:57 am

The Chart below shows an Historical Overview of Sri Lankan tea industry. The production level of tea in the country for last 15 years has been remaining rather constant. 340 Million Kilograms was the maximum production of tea recorded and the lowest was 289.7 Million Kilograms. The variations are due to weather patterns and other than that overall production was not growing in the tea sector..

GSA means the gross sales average. this is the average sale price obtained over a period of time for a kilo of produce before any deductions such as Brokerage etc.

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6142
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 9:02 am

YearTea ProductionGSAGSA
Mn.Kg.High GrownLow Grown
2000305.8128.46144.79
2001295135.56154.5
2002310141.73160.55
2003303.2138.31160.86
2004308.1171.78189.86
2005317.2172.24199.01
2006310.8204.58204.5
2007304.6252.46298.66
2008318.4273.83336.38
2009289.7319.73387.07
2010331.4338.33392.48
2011327.5329.95381.27
2012326.2375.53407.14
2013340402.98469.91
2014338420.36488.06

yellow knife
Top contributor
Top contributor

Posts : 6142
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 9:12 am

Now we have seen that TPL.N is recording continuous increase of Revenue.. Yet when we analyze the overall tea production of the country its rather stable.

Revenue generates from only two things : Price and Quantity

R=P*Q

If the quantity remains constant then the price should go up to generate an increase of revenue. As per the published information of Gross Sales Averages of Low Grown has overtaken High Grown Sales Averages..

yellow knife
Top contributor
Top contributor

Posts : 6142
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 9:39 am

The annual production of 338 Million Kilograms of 2014 consist of following sub sectors 

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6142
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 10:56 am

Sri Lanka's contribution to global tea production

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6142
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 11:13 am

When the total National Tea Production of Sri Lanka remains stagnant around 330 million kilograms per annum, TPLs tea production remain at 7 million kilo grams per annum and GSA has remained well below Rs 500.00


201420132012
ProductionKilograms7,025,8427,291,1787,654,863
GSARs/Kg494.64467.77415.55

yellow knife
Top contributor
Top contributor

Posts : 6142
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 11:16 am

One challenging aspect of Plantation Industry is its sources of Revenue namely price and quantity is well beyond the control of a company.

Climate and weather patterns decide the quantity and that is beyond the control of the company.

Price is decided at the auction and its based on international market and that aspect is also beyond control.

yellow knife
Top contributor
Top contributor

Posts : 6142
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 11:27 am

In this backdrop success of a plantation firm depends on effectively managing cost. That's where plantations of Richard Peiris Group namely Namunukula and Kegalle do not spend much even on annual report printing.

TPL.N is differently managed that they even grab the CA awards for annual reports. Annual Report of TPL.N 2014/15 is also very informative and also should have been an expensive effort.

yellow knife
Top contributor
Top contributor

Posts : 6142
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 11:36 am

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6142
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 11:44 am

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6142
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 11:47 am

In 2011 and in 2009 company was making negative earnings..


2015201320122011201020092008200720062005
EPS10.087.319.09-2.176.21-0.944.64.193.384.44
Dividend 332.502.501.2502.51.5

yellow knife
Top contributor
Top contributor

Posts : 6142
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 11:51 am

Net Assets Per Share was continuously going up for last 10 years

[You must be registered and logged in to see this image.]


Last edited by yellow knife on Wed Jun 24, 2015 11:57 am; edited 1 time in total (Reason for editing : 15 to 10)

yellow knife
Top contributor
Top contributor

Posts : 6142
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 12:08 pm

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6142
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 12:14 pm

One good strategy followed by many good companies like TJL is reducing the debt to reach almost zero.

TPL.N seems to slowly getting rid of debt.

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6142
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 12:53 pm

Following Chart shows top ten Sri Lankan Tea Buyers

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6142
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 1:00 pm

Above chart shows the real problem with Sri Lankan Tea

Once Dr Rohantha Athukorala wrote an essay about the changing pattern of Sri Lankan tea buyers position. First it was England that became the first. Next Japan. Now that's Russia and Middle East. His argument was that the we could not maintain the big buyers. But I see it differently that the disposable income level of the countries. Those who can afford expensive tea are changing with the national economic growth.

Now the problem we are facing is UNCERTAINTY in our main buyer countries. Russia, Iran , Libiya and Syria as well as Iraq is facing economic problems thanx to so called JATHYANTHARAYA...

The Geo Political issues is the main concern for SL Tea and thats identified clearly in TPL annual report create another

yellow knife
Top contributor
Top contributor

Posts : 6142
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 1:02 pm

Further the economic uncertainty in above countries create another problem. That is devaluing of the buyer nations currency which make SL TEA expensive to the buyer.

yellow knife
Top contributor
Top contributor

Posts : 6142
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 1:07 pm

Sri Lankan Rupee appreciation against Russin Ruble was 41% and against Iranian Rial was 9.4% which made SL Tea expensive in respective countries.

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6142
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 1:13 pm

so when we say exporters will get benefit with Rupee depreciation against USD, tea industry will not get that much benefit...

yellow knife
Top contributor
Top contributor

Posts : 6142
Join date : 2014-03-27

Back to top Go down

Re: TPL.N0000 (TALAWAKALE PLANTATIONS )

Post by yellow knife on Wed Jun 24, 2015 1:38 pm

[You must be registered and logged in to see this image.]

yellow knife
Top contributor
Top contributor

Posts : 6142
Join date : 2014-03-27

Back to top Go down

Page 1 of 4 1, 2, 3, 4  Next

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum