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

Display results as :
 


Rechercher Advanced Search

Latest topics
»  මෙරට විශාලම ආයෝජනය වන හම්බන්තොට වරායේ අවසන් ආයෝජන මුදල වරාය අතට බාර දෙයි
Today at 4:59 pm by Ethical Trader

» CCS.N0000 ( Ceylon Cold Stores)
Today at 4:56 pm by Ethical Trader

» HHL.N0000 ( Hemas Holdings PLC)
Today at 4:48 pm by Ethical Trader

» රුපියල තවදුරටත් පාවීමට ඉඩහැරිය යුතුයි - ජාත්‍යන්තර මූල්‍ය අරමුදල
Today at 7:46 am by serene

» රජයේ සුරැකුම්වලින් රුපියල් බිලියන 2.7 ක විදෙස් ආයෝජන සතියක් තුළ දී ඉවතට
Yesterday at 9:11 am by serene

» ඩොලර් බිලියන 10 යි – මහ බැංකුව ඉතිහාසයේ වැඩිම විදේශ විනිමය සංචිතය ගොඩනගයි
Yesterday at 7:23 am by කිත්සිරි ද සිල්වා

» මාස 02 කදී කොටස් වෙළෙඳපොළ සියයට 4 කින් කඩා වැටිලා
Tue Jun 19, 2018 8:31 pm by serene

» කිම් - ට්‍රම්ප් හමුව: දෙරටේ නායකයෝ සාකච්ඡා අරඹති
Sun Jun 17, 2018 10:55 am by Ethical Trader

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Sat Jun 16, 2018 8:20 am by spw19721

» TPL.N0000 (TALAWAKALE PLANTATIONS )
Thu Jun 14, 2018 7:17 am by lanka

» සපත්තු පෙට්ටියකින් හමු වූ චීන මල් බඳුන පවුම් මිලියන 14 අලෙවි වේ
Wed Jun 13, 2018 12:03 pm by Ethical Trader

» Dividend Announcement
Wed Jun 13, 2018 11:49 am by Ethical Trader

» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
Wed Jun 13, 2018 11:47 am by Ethical Trader

» ලංකාවේ ඉපිද, බ්‍රිතාන්‍යයේ නගරාධිපති පදවියකට පත් වූ කරීමා
Tue Jun 12, 2018 3:19 pm by Ethical Trader

» KGAL.N0000 (Kegalle Plantation PLC)
Tue Jun 12, 2018 2:40 pm by Ethical Trader

» Where in the world is it easiest to get rich?
Tue Jun 12, 2018 7:53 am by CK

» "එළ හරකා - මී හරකා ආර්ථික ප්‍රතිපත්ති" සහ ඩොලරයට සාපේක්ෂව පහළ වැටෙන රුපියල
Sat Jun 09, 2018 11:07 am by Ethical Trader

» Top 20 magnificient eyes from around the world
Fri Jun 08, 2018 11:10 am by Ethical Trader

» ගෝඨාභය නඩු: උපරිමාධිකරණ විනිසුරුවරුන් දෙදෙනෙක් ඉවත්වෙති
Thu Jun 07, 2018 6:16 pm by sashimaal

» මුහුදු පතුලේ තැන්පත් කළ දත්ත ගබඩාව "යථාර්ථයක් විය හැකි විකාර අදහසක්"
Thu Jun 07, 2018 6:00 pm by Ethical Trader

» KFP.N0000(Keels Food Products PLC)
Thu Jun 07, 2018 8:54 am by lanka

» Sri Lanka Port Authority profits up after China takeover of Hambantota
Wed Jun 06, 2018 5:58 pm by Ethical Trader

» Tax hike to trim profits of Sri Lankan life insurers: Fitch
Wed Jun 06, 2018 5:55 pm by Ethical Trader

» Rupee weakens, stocks gain 0.23-pct
Wed Jun 06, 2018 5:54 pm by Ethical Trader

» ශ්‍රී ලංකාවේ 'අධිකරණයට අපහාස කිරීම' ගැන දැන සිටිය යුතු නීති පසුබිම
Tue Jun 05, 2018 6:50 pm by කිත්සිරි ද සිල්වා

» Sri Lanka finance ministry accounts qualified by Auditor General
Tue Jun 05, 2018 1:28 pm by Ethical Trader

» IFC invests US$2.5mn in Sri Lanka's PickMe
Tue Jun 05, 2018 1:22 pm by Ethical Trader

» Sri Lanka state banks most in need capital for Basel III, new risk identified
Tue Jun 05, 2018 1:21 pm by Ethical Trader

» Sri Lanka's ETI Finance able to settle small depositors if liquidated
Tue Jun 05, 2018 12:53 pm by The Invisible

» Oil steady as extra U.S. supply balances strong demand
Mon Jun 04, 2018 3:59 pm by කිත්සිරි ද සිල්වා

» In the Meantime, Within Our Shores !
Mon Jun 04, 2018 3:32 pm by කිත්සිරි ද සිල්වා

» Cartoon of the day...
Mon Jun 04, 2018 11:47 am by nihal123

» SPEN.N0000
Sat Jun 02, 2018 6:19 pm by Ethical Trader

» තායිලන්තයෙන් අභ්‍යවකාශයට යන 'දූරියන්'
Fri Jun 01, 2018 5:18 pm by Ethical Trader

» නාසා අභ්‍යවකාශ යානයක් ප්ලූටෝ මත මීතේන් අයිස් වැටි සොයාගනී
Fri Jun 01, 2018 5:12 pm by Ethical Trader

» ඉන්දියාව ඉදිරියේ ශ්‍රී ලංකාව බලවත් වෙයි
Fri Jun 01, 2018 3:20 pm by sashimaal

» බන කියන පුංචි දරැවා
Fri Jun 01, 2018 11:21 am by Ethical Trader

» දරුවෙක් බේරාගත් මාලි ජාතික 'ස්පයිඩර් මෑන්'ට ප්‍රංශ පුරවැසිභාවය
Thu May 31, 2018 5:00 pm by Yin-Yang

» Exclusive: Cricket match-fixers caught in the act in Sri Lanka
Mon May 28, 2018 7:41 pm by sashimaal

» RIL.N0000 ( RIL Property )
Mon May 28, 2018 10:04 am by eco

» BFL.N0000 (Bairaha Farms PLC)
Sun May 27, 2018 10:39 pm by seek

» MTD Walkers (KAPI)
Sun May 27, 2018 10:34 pm by seek

» Sri Lanka's ex-Sports minister admits sleaze
Sat May 26, 2018 10:49 pm by Ethical Trader

» HNB regrets unauthorized incident at branch and says action taken
Sat May 26, 2018 10:15 pm by Ethical Trader

» Listed Sri Lanka hospitals have strong growth prospects: Fitch
Sat May 26, 2018 10:04 pm by Ethical Trader

» ශ්‍රී ලාoකීය බෞද්ධයාගේ සම්මා දිට්ඨිය
Sat May 26, 2018 10:03 pm by Ethical Trader

» Food for Thought
Sat May 26, 2018 11:24 am by Ethical Trader

» Theory of Everything
Fri May 25, 2018 3:33 pm by Ethical Trader

» ඊ.ටි.අයි ෆිනෑන්ස් විකිණිමට මහ බැංකුවේ අවසරය
Tue May 22, 2018 9:43 pm by Ethical Trader

» Elsewhere vs SL : Honesty, Social responsibility , Word twisting and Decency
Tue May 22, 2018 8:53 pm by Yin-Yang

June 2018
SunMonTueWedThuFriSat
     12
3456789
10111213141516
17181920212223
24252627282930

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

KGAL.N0000 (Kegalle Plantation PLC)

Page 3 of 5 Previous  1, 2, 3, 4, 5  Next

Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by කිත්සිරි ද සිල්වා on Mon Jul 13, 2015 9:32 am

Nothing new to CSE. Shocked
poor boy wrote:last few days activities indicate the announcement is correct and some have acted on leaked information.
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 7257
Join date : 2014-02-23
Age : 60
Location : රජ්ගම

Back to top Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by Axe on Mon Jul 13, 2015 10:33 am

So this is True! Mr. Yaddehige wants a bottle plant it seems so Rich is pulling cash out from KGAL? Congrats to you all who got in last week! Smile
avatar
Axe

Posts : 251
Join date : 2014-02-23

Back to top Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by Hawk Eye on Mon Jul 13, 2015 10:37 am

Hawk Eye wrote:Sudden interest in KGAL and AINS.

I collected when it went down below 90... Patience proved my techniques right..and I sold it at 142.60.

No leaked infos to me.. My hawk eye works better Very Happy

cheers
avatar
Hawk Eye

Posts : 424
Join date : 2014-03-11

Back to top Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by yellow knife on Mon Jul 13, 2015 10:40 am

So no announcement from Kegalle in the morning.. Dividend is real..

But despite all warnings its price immediately adjusted with current price + dividend formula..

Price has to come down at least by the same amount after dividend...

FG rated this as attractive long ago.. collecting on such studies is worthy than buying after all announcements ...

yellow knife
Top contributor
Top contributor

Posts : 5839
Join date : 2014-03-27

Back to top Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by yellow knife on Mon Jul 13, 2015 10:45 am

Hawk Eye wrote:
Hawk Eye wrote:Sudden interest in KGAL and AINS.

I collected when it went down below 90... Patience proved my techniques right..and I sold it at 142.60.

No leaked infos to me.. My hawk eye works better Very Happy

cheers

Very good Hak Eye

Playing the game without inside info is the best.. I too have a small quantity below 90.. Being a long term player I will not sell and enjoy the dividend...

yellow knife
Top contributor
Top contributor

Posts : 5839
Join date : 2014-03-27

Back to top Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by කිත්සිරි ද සිල්වා on Mon Jul 13, 2015 11:59 am

Looks like GLAS will be in for a rude awakening soon.  Very Happy
Indians have to pull their socks up soon.  Shocked
godswen wrote:So this is True! Mr. Yaddehige wants a bottle plant it seems so Rich is pulling cash out from KGAL? Congrats to you all who got in last week! Smile
avatar
කිත්සිරි ද සිල්වා
Top contributor
Top contributor

Posts : 7257
Join date : 2014-02-23
Age : 60
Location : රජ්ගම

Back to top Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by chutiputha on Mon Jul 13, 2015 12:01 pm

කිත්සිරි ද සිල්වා wrote:Looks like GLAS in for a rude awakening soon.  Very Happy
Indians have to pull their socks up soon.  Shocked
godswen wrote:So this is True! Mr. Yaddehige wants a bottle plant it seems so Rich is pulling cash out from KGAL? Congrats to you all who got in last week! Smile

And I know this(GLAS) one of watched stock of Kith Ayya..Cool
avatar
chutiputha
Top contributor
Top contributor

Posts : 1831
Join date : 2014-11-09
Age : 32
Location : Bei Jing

Back to top Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by First Guy on Mon Jul 13, 2015 8:55 pm

KGAL had money, thus it was quite attractive as I pointed out but the important thing was it was trading at a huge discount to the net assets. By purchasing KGAL you were effectively buying a lot of cash+equivalents in this case they were short term investments. The doubt was what they would do with it and it paid off now.

But 145/- ? Too much for me and I disposed. For me, the financial assets was the selling point and although they still have some, I need to re-evaluate.

Also it's not possible that retailers were mainly involved in the heavy trading today. Many would have sold off, but if the retailers have bought this at 145/-, may god bless them. (unless good times for rubber begins or some other news that we don't know)

One could also say that the holders were lucky. If only we had realised the end game of RPC PM...
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by hariesha on Mon Jul 13, 2015 9:40 pm

This dividend announcement gave the best ever chance to book profits/shed a share in CSE. 

All of a sudden holders got the chance to exit with a 50% gain for those collected @ lower prices or unexpected price for those who bough at peak prices.

Most of the holders booked profits for surely!

hariesha
Top contributor
Top contributor

Posts : 911
Join date : 2014-04-09

Back to top Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by First Guy on Mon Jul 13, 2015 9:46 pm

hariesha wrote:This dividend announcement gave the best ever chance to book profits/shed a share in CSE. 

All of a sudden holders got the chance to exit with a 50% gain for those collected @ lower prices or unexpected price for those who bough at peak prices.

Most of the holders booked profits for surely!

which also means a lot would have got sucked in. Do you think the parent would have bought more? I think no. They waited till they hit 80% for this moment.
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by First Guy on Tue Jul 14, 2015 7:12 am

As per the latest report KGAL had a net asset value of 144/- out of which Net financial assets (NFinA)(Debentures + Long term investment + Short term Investment + Cash - debt) were 58/- while others were 86/- which included timber stocks.

As per that, if we valued NFinA at 1x BV, then the market valued the rest of the business at 0.3x - cheap I would say. But KGAL would not have made a profit last quarter without the financial assets and tax refund.

After the dividend payment NFinA would comes to 13.32/-. If we maintain the same valuations (separately for NFinA and other assets), KGAL should trade at 40/- but since this is not enough if we assume 0.6x (average for plantations) it should be 65/-; 85/- at 0.8x (there are few trading at this range) and 99/- at 1x.

Last year KGAL reported 140m profits from associates. Most of these would be from the finance company (my guess) as finance companies were doing well. AINS is also in the books at a lower cost. Market value is around 100m now. The total return is good but even investment companies are trading below book value so we have to consider that. But current price before dividend probably considers the most optimistic scenario. Holders would get 40.50/- net of tax, correct?

So looking at these, for me a fair value would be in the range of 70-85/- Earlier I thought it would come down to 65/- range after the dividend.

(This is not a recommendation; just a view based on what I see)
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by serene on Tue Jul 14, 2015 8:21 am

Thanks 1st G for continous assessment on KGAL.
Valuble.

serene
Top contributor
Top contributor

Posts : 3592
Join date : 2014-02-26

Back to top Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by Lalinda on Tue Jul 14, 2015 8:44 am

Yeah. Really good for novies. Otherwise get caught in these @ higher levels.

Lalinda

Posts : 68
Join date : 2015-02-16

Back to top Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by yellow knife on Tue Jul 14, 2015 8:51 am

Appreciate the analysis FG

yellow knife
Top contributor
Top contributor

Posts : 5839
Join date : 2014-03-27

Back to top Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by Hawk Eye on Wed Jul 15, 2015 10:19 am

Here we go. AINS

Nothing much yet on performance..But not much quantity in market
avatar
Hawk Eye

Posts : 424
Join date : 2014-03-11

Back to top Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by chutiputha on Wed Jul 15, 2015 10:22 am

Yah FG,Nice Work,Well Done..
avatar
chutiputha
Top contributor
Top contributor

Posts : 1831
Join date : 2014-11-09
Age : 32
Location : Bei Jing

Back to top Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by Gaudente on Wed Jul 15, 2015 3:22 pm

I agree with First Guy's analysis and sold my shares today at 138 , I think the counter is fully valued already with no upside left.

Gaudente

Posts : 24
Join date : 2014-07-21

Back to top Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by First Guy on Fri Jul 17, 2015 7:52 am

Thanks Gaudente. In fact I feel it's now in the over-valued region so I too exited above 140/- when I had the chance.

My assumption is that there is nothing more to happen. In the past we have seen companies giving dividends and immediately going for rights etc.,

Price is sliding slowly maybe because those who bought at the top are reluctant to sell at a loss but some do when the reality sinks in. I'm not following the order book though.

If short selling was allowed. This would have been a target for me Smile
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by First Guy on Mon Jul 20, 2015 9:26 pm

KGAL will trade XD tomorrow which means if you buy tomorrow you will not be entitled to the dividend.

Some may try to sell this to you with many stories so be careful.

What price do you think it will trade tomorrow? Before accounting for the June results, KGAL's NAV would be down to 100/- now.
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by yellow knife on Tue Jul 21, 2015 8:25 am

Thanx FG

Your duty performance as Admin and guardian of retailers is excellent...

yellow knife
Top contributor
Top contributor

Posts : 5839
Join date : 2014-03-27

Back to top Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by First Guy on Tue Jul 21, 2015 8:22 pm

Thanks YK Smile

Warning investors was something that slstock did in great lengths in addition to his deep insights. Deeply missed.

Today KGAL opened above 100/- (max at that time) and dropped as expected. Funny thing is now it's trading at pre-dividend prices even with a reduction of 45/- in NAV although earlier it was undervalued in my books.

There are many stories making rounds, with current situation I don't see much upward potential unless there is some solid news.
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by chutiputha on Tue Jul 21, 2015 8:26 pm

Thank U FG,Ur effort is really appreciate.. Smile ++
avatar
chutiputha
Top contributor
Top contributor

Posts : 1831
Join date : 2014-11-09
Age : 32
Location : Bei Jing

Back to top Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by Leon on Wed Jul 22, 2015 5:18 am

Credit should go to FG. He handled KEAG almost single handedlly kept us informed.
avatar
Leon
Top contributor
Top contributor

Posts : 1233
Join date : 2014-03-11

Back to top Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by serene on Wed Jul 22, 2015 7:53 am

First Guy wrote:Thanks YK Smile

Warning investors was something that slstock did in great lengths in addition to his deep insights. Deeply missed.

Today KGAL opened above 100/- (max at that time) and dropped as expected. Funny thing is now it's trading at pre-dividend prices even with a reduction of 45/- in NAV although earlier it was undervalued in my books.

There are many stories making rounds, with current situation I don't see much upward potential unless there is some solid news.

The Exact thing SLS wanted from us.
Hats off to FG.
Keep up the good work. Cool

serene
Top contributor
Top contributor

Posts : 3592
Join date : 2014-02-26

Back to top Go down

Re: KGAL.N0000 (Kegalle Plantation PLC)

Post by CubedSol on Sun Feb 28, 2016 1:01 am

Ok. It seems KGAL has maintained/built up a short term investment portfolio of around 1Bn and NAVPS is around 9X/-

And the parent's holding is STILL almost 80%.

Care to do another analysis ? Wink
avatar
CubedSol

Posts : 107
Join date : 2016-02-06
Age : 30

Back to top Go down

Page 3 of 5 Previous  1, 2, 3, 4, 5  Next

Back to top


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