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» නව නාවික හමුදාපති "ඇමෙරිකානු ඒජන්තයෙක්" ද?
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» විජේදාස ඇමති පදවියෙන් නෙරපයි
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» පාකිස්තාන සංචාරය: "මම නම් යන්නේ නෑ"
Yesterday at 12:05 pm by Ethical Trader

» "මිනී මස් කාල එපා වෙලා"
Tue Aug 22, 2017 5:55 pm by Ethical Trader

» ලොව වැඩි වශයෙන්ම ප්‍රතිනිර්මාණය වූ කලා කෘතිය
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» විජයදාස ඉවත් කරන්න: එජාපය ජනපතිට කියයි
Tue Aug 22, 2017 3:09 pm by Ethical Trader

» ජනාධිපතිවරණය දිනා ශ්‍රී ලංකාවේ ණය එක දවසකින් ගෙවන සුපිරි කෝටීපතියා .!
Tue Aug 22, 2017 2:31 pm by Backstage

» ආදායම ලක්ෂ 12 ට අඩුනම් ආදායම් බදු නැහැ – මුදල් ඇමති කියයි
Tue Aug 22, 2017 12:30 pm by nihal123

» වැසිකිළියක් සදා නොදුන් සැමියාගෙන් දික්කසාද වීමට අධිකරණය අවසර දෙයි
Mon Aug 21, 2017 5:31 pm by Ethical Trader

» 2017 ජන්ද හිමි නාමලේඛනයේ කෙටුම්පත පිටවෙයි
Mon Aug 21, 2017 2:20 pm by nihal123

» වාහන බදු අඩු කළායින් පසු සමාගම් කොටස් මිල ඉහළ ගිය හැටි
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» "විගණන පනත යට ගහන බවට ඇමතිවරුන්ට චෝදනා"
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» LLUB.N0000 (CHEVRON LUBRICANTS LANKA PLC)
Sat Aug 19, 2017 11:28 am by Ethical Trader

» EPF/ETF සහ විදේශ ශ්‍රමිකයෝ: නව බදු පනත ගැන මේ කරුණු දන්නවාද?
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» විදුලි සංදේශ බද්ද ඉවතට - යතුරුපැදි බදු අඩුවෙයි
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Wed Aug 16, 2017 10:15 pm by nihal123

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» HOPL.N0000 ( Horana Plantations PLC)
Wed Aug 16, 2017 9:21 am by yellow knife

» පෑන් ඒෂියා බැංකුවේ ප්‍රාථමික අලෙවි කටයුතු මාස 06 කට අත්හිටුවයි
Tue Aug 15, 2017 1:16 pm by nihal123

» LIOC.N0000 (Lanka IOC PLC)
Mon Aug 14, 2017 2:37 pm by The Invisible

» Plantation sector updates
Sun Aug 13, 2017 4:51 pm by The Invisible

» අධිකරණ ඇමතිට ආණ්ඩු පක්ෂයෙන්ම විශ්වාස භංගයක්?
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» සොහොන් කොතේ නම 'අකැප' ඇෆ්ගන් කතුන්
Sat Aug 12, 2017 2:59 pm by Ethical Trader

» කොරියානු අර්බුදය හමුවේ ශ්‍රී ලංකාවේ සූදානම
Sat Aug 12, 2017 2:42 pm by Ethical Trader

» TJL.N0000 (Textured Jersey Lanka PLC.)
Sat Aug 12, 2017 2:10 pm by Ethical Trader

» කොරියාවේ උණුසුමට සංගීතයේ සිසිලස
Sat Aug 12, 2017 9:10 am by Ethical Trader

» මැක්‍රෝන් සිය බිරිඳට 'ජනාධිපති ආර්යා' නිල තත්වය නොදෙන ළකුණු
Fri Aug 11, 2017 10:39 pm by jiggysaurus

» Video of the day...
Fri Aug 11, 2017 4:24 pm by Rana

» Cartoon of the day...
Fri Aug 11, 2017 1:58 pm by Rana

» LWL.N0000 (Lanka Walltiles PLC)
Fri Aug 11, 2017 11:25 am by pjrngroup

» RICH N.0000 Richard Pieris and company PLC
Fri Aug 11, 2017 11:08 am by Ethical Trader

» විසිපන්දහසේ දඩය අනුමතයි - දඩ මුදල වැඩි කෙරුණු රථවාහන වැරදි මෙන්න
Thu Aug 10, 2017 9:29 pm by jiggysaurus

» ජනපති අගමැති ඇතුළු "සම්මුති ආණ්ඩුව වෙනුවෙන්" රවී ඇමති පුටුව අතහරි...
Thu Aug 10, 2017 7:13 pm by smallville

» KFP.N0000(Keels Food Products PLC)
Thu Aug 10, 2017 7:11 pm by pjrngroup

» රවී කරුණානායක ඉල්ලා අස්වෙයි
Thu Aug 10, 2017 7:11 pm by smallville

» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
Thu Aug 10, 2017 6:06 pm by Rana

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KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

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KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Tue Jul 07, 2015 4:32 pm

The two main share holders of Kahawatta Plantation PLC are Forbes Plantations (Pvt) Ltd and Ceylon Tea Services PLC. Respectively they own 63.78% and 15.74% of the total shares..

Kahawatta Tea plantations are mainly in the mid country (Nawalapitiya and Sabaragamuwa Districts) 

As mentioned in the Annual Report 2015 Kahawatte is the trail blazer in Cinnamon Plantation. Value added cinnamon is being undertaken and a properly designed cinnamon pack will soo be introduced through the shelves of Dilmah outlets. Dilmah is the brand name of the second largest share holder..


Last edited by yellow knife on Tue Jul 07, 2015 4:58 pm; edited 1 time in total

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Re: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Tue Jul 07, 2015 4:35 pm

Plantation include tea, rubber, cinnamon, pepper and fuel wood.

One characteristic of this company is they have declared only one dividend and thats 50 cents in 2012.
This is a December company and what I take as year 2015 to compare with other companies is actually the year ended 2014..

This poor dividend paying is seen in this company throughout history..


Last edited by yellow knife on Tue Jul 07, 2015 5:18 pm; edited 1 time in total (Reason for editing : dividend payout)

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Re: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Tue Jul 07, 2015 4:37 pm

Total Revenue of the company is above Rs 3 billion for last year..

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Re: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Tue Jul 07, 2015 4:40 pm

Revenue of Kahawatta is better than Namunukula and Kegalle but not as  TPL

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One reason why TPL stand high in 2015 is it includes 15 months where KAHAWATTA includes only 12 months like the rest of the companies..So revenue wise Kahawatta stand similar to TIPL


Last edited by yellow knife on Wed Jul 08, 2015 7:34 am; edited 1 time in total

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Re: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Tue Jul 07, 2015 4:48 pm

One form of gathering research data is observation. But observation is a very subjective mechanism. I ve observed that many plantation companies are very poor in maintaining estates.. Coconut Stripes near the river of Kelani Valley Plantation as well as Kahawatta tea estates are among such..

Following are exact words of the Kahawatta annual report..

" Kahawatta Plantations inherited a legacy of neglect where there was no replanting or expenditure on factory development or modernization. This situation however has been aggressively arrested and the plantations are primed to produce better crops and realize improved prices with the work undertaken by our company."

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Re: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Tue Jul 07, 2015 4:51 pm

Even though TPL and Kahawatta were neck to neck in revenue for many years the profitability was not that close due to above lethargic practices..

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Re: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Tue Jul 07, 2015 4:51 pm

2011 was an exceptional year for Rubber related companies..

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Re: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Tue Jul 07, 2015 4:55 pm

EPS chart of Kahawatta is shows high fluctuations

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Re: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Tue Jul 07, 2015 4:56 pm

Net assets per share shows are gradually incline

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Re: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by First Guy on Mon Jul 13, 2015 10:22 pm

KAHA is trading at more than 2x net assets. Any reason for this? The earnings don't seem to support it IMHO. Do they have any 'hidden' assets or future prospects that I'm not seeing?

WATA is the next highest when it comes to P/BV.
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Re: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Fri Jul 01, 2016 2:59 pm

Plantation companies that I have evaluated so far has recorded lower Revenue than previous year, and without a doubt all other companies will follow the same .

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Re: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Fri Jul 01, 2016 3:01 pm

Kahawatta is a December company and the year shows drop in all values.

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Re: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Fri Jul 01, 2016 3:03 pm

Net Assets of the company is 11.78 and the share is trading at Rs 36.20 as at 1st July 2016 continuing the same pattern as identified by FG earlier in this thread.

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Last edited by yellow knife on Fri Jul 01, 2016 3:11 pm; edited 1 time in total

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Re: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Fri Jul 01, 2016 3:06 pm

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Re: KAHA.N0000 (KAHAWATTE PLANTATIONS PLC)

Post by yellow knife on Fri Jul 01, 2016 3:07 pm

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 Operating Losses  recorded after 8 years

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