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

Display results as :
 


Rechercher Advanced Search

Latest topics
» රුපියල 161.54ට යයි
Yesterday at 10:34 pm by nihal123

» PABC.N0000 (Pan Asia Banking Corporation PLC)
Yesterday at 2:14 pm by lanka

» Dividend Announcement
Yesterday at 9:53 am by yellow knife

» අනං මනං! #/+?.<>
Wed Aug 15, 2018 12:49 pm by Ethical Trader

» ආදායම් බද්දෙන් ආසිරි තැලෙයි
Wed Aug 15, 2018 12:30 pm by Ethical Trader

» Sri Lankan listed firms told to pay dividends directly to shareholder bank accounts
Tue Aug 14, 2018 2:38 am by pjrngroup

» Sri Lanka's Hayleys group to sell assets to reduce debt
Mon Aug 13, 2018 10:05 pm by nihal123

» අපේ දුම්රිය සේවය තැබු ලෝක වර්තාව; වර්ජනයේ අරමුණ රුපියල් 11605 කින් පඩි වැඩිකර ගැනීම!
Mon Aug 13, 2018 3:05 pm by Yin-Yang

» Elsewhere vs SL : Honesty, Social responsibility , Word twisting and Decency
Sun Aug 12, 2018 9:47 am by කිත්සිරි ද සිල්වා

» "මාව පෙළඹෙව්වේ සංගක්කාර" - ඉන්දීය ක්‍රිකට් ක්‍රීඩිකා ස්ම්‍රිති මන්දනා
Sat Aug 11, 2018 5:08 pm by Ethical Trader

» Sri Lanka's Ceylon Tobacco net up 47-pct, volumes grow
Fri Aug 10, 2018 5:19 pm by Ethical Trader

» Sri Lanka's Tokyo Cement in the red, vessel sale adds to loss
Fri Aug 10, 2018 2:27 pm by The Invisible

» Sri Lanka’s Watawala Plantations June net down 57-pct
Fri Aug 10, 2018 2:26 pm by The Invisible

» Sri Lanka’s Aitken Spence Hotel June quarter losses rise 22-pct
Fri Aug 10, 2018 2:23 pm by The Invisible

» ඩොලරයේ වැඩිම විකුණුම් මිල අද වාර්තා වෙයි
Fri Aug 10, 2018 9:00 am by Ethical Trader

» BOC New Internet Banking System
Wed Aug 08, 2018 6:29 pm by Rana

» PB. N0000 (People's Bank)
Wed Aug 08, 2018 11:55 am by Ethical Trader

» දේශපාලනික වාසි උදෙසා සිදුවන ප්‍රතිපත්ති වෙනස්වීම් ගැන මහ බැංකුව මෙසේ කියයි
Wed Aug 08, 2018 11:34 am by Ethical Trader

» Amazing හෙළ වෙදකම
Wed Aug 08, 2018 11:00 am by Ethical Trader

» විදේශිකයෝ ඩොලර් මිලියන 229 ක බැඳුම්කර ආයෝජන ඉවත් කර ගනිති
Tue Aug 07, 2018 12:22 pm by Ethical Trader

» මූල්‍ය සමාගම් ඒකාබද්ධ කිරීම වක්‍රාකාරයෙන් සිදුවෙනවා – මහ බැංකු නියෝජ්‍ය අධිපති කියයි
Tue Aug 07, 2018 12:21 pm by Ethical Trader

» සිංගප්පූරු ගිවිසුමෙන් අපනයන වාසියක් නැහැ – මහ බැංකු අධිපති
Tue Aug 07, 2018 12:19 pm by Ethical Trader

» Sri Lanka to miss IMF forex reserve target; seek waiver
Mon Aug 06, 2018 10:45 am by The Invisible

» Sri Lanka targets lower forex reserves for end 2018
Mon Aug 06, 2018 10:43 am by The Invisible

» Sri Lanka economy to grow 4.0-pct in 2018
Mon Aug 06, 2018 10:42 am by The Invisible

» More curbs on cars as Central Bank battles trade gap
Mon Aug 06, 2018 10:40 am by The Invisible

» What Sri Lanka can do to improve the credibility of its dollar soft-peg
Mon Aug 06, 2018 10:39 am by The Invisible

» Sri Lanka's Hayleys Fabric back in profit in June quarter
Sun Aug 05, 2018 12:11 am by spw19721

» Sri Lanka keeps rates unchanged
Fri Aug 03, 2018 6:10 pm by Ethical Trader

» Sri Lankan shares end up 0.1-pct, foreigners buy NTB
Fri Aug 03, 2018 6:08 pm by Ethical Trader

» Sri Lanka sharply raises tax on small hybrid cars
Fri Aug 03, 2018 6:03 pm by Ethical Trader

» Sri Lanka inflation accelerates to 5.4-pct in July
Fri Aug 03, 2018 5:54 pm by Ethical Trader

» බදු ඉහළට. Wagon R, Japan Alto, Spacia ඇතුළු පොඩි කාර් මිල වැඩිවෙන්නේ මෙහෙමයි
Fri Aug 03, 2018 1:28 pm by කිත්සිරි ද සිල්වා

» India police hunt eight men after sex attack on goat
Wed Aug 01, 2018 1:04 pm by slstock

» Yes, we Khan!
Wed Aug 01, 2018 1:03 pm by කිත්සිරි ද සිල්වා

» ඡන්ද කටේ ,කුලියාපිටියේ ඇදෙන Volkswagen කතාවේ ඇත්ත තත්ත්වය මෙහෙමයි
Wed Aug 01, 2018 7:46 am by serene

» Should CSE be like this? Whose FAULT is it?
Tue Jul 31, 2018 8:24 pm by spw19721

» ලෝකය යා කරන චීන ඉදිකිරීම් වේගවත් කරන යෝධ යන්ත්‍ර
Tue Jul 31, 2018 6:08 pm by Ethical Trader

» 'කාලතුවක්කු උණ්ඩ ගස': "ඉන්දියාවේ තබා ආසියානු කලාපයේ ශාකයක් නොවෙයි"
Tue Jul 31, 2018 5:49 pm by Ethical Trader

» Happy Birthday
Mon Jul 30, 2018 10:27 pm by serene

» Whats ailing Sri Lanka ? Why we are what we are!
Mon Jul 30, 2018 5:48 pm by Ethical Trader

» Lunar Eclipse
Sun Jul 29, 2018 10:56 am by Ethical Trader

» ගුවන් යානා තුළ මකුණන් සිටීමට හේතුව කාලගුණය බව 'එයාර් ඉන්දියා' සමාගම පවසයි
Sun Jul 29, 2018 10:54 am by Ethical Trader

»  Woman finds frog parts in her packet of 'kottu'
Sun Jul 29, 2018 8:42 am by කිත්සිරි ද සිල්වා

» අඟහරු ග්‍රහයා මත ද්‍රවීය ජලය ඇති 'විලක්' ඇතැයි හෙළිවේ
Thu Jul 26, 2018 5:02 pm by Ethical Trader

» තායිලන්ත ලෙනෙන් මුදවාගත් දරුවන් තාවකාලික පැවිදි දිවියට
Wed Jul 25, 2018 10:08 am by Ethical Trader

» ආබාධිත තත්වයක් නිසා හොඬයේ ආධාරයෙන් ඇවිදින අලි පැටවෙකු මත්තල දී හමුවෙයි
Tue Jul 24, 2018 9:59 am by Ethical Trader

» කැනඩාවේ ටොරොන්ටෝ වෙඩි තැබීම: කාන්තාවක් මරුට, දැරියකට අසාධ්‍යයි
Tue Jul 24, 2018 7:58 am by කිත්සිරි ද සිල්වා

» Quick Checklist for Selecting a Stock
Tue Jul 24, 2018 7:46 am by serene

» Chevron Lubricants Lanka appoints new MD/CEO
Tue Jul 24, 2018 7:43 am by serene

August 2018
SunMonTueWedThuFriSat
   1234
567891011
12131415161718
19202122232425
262728293031 

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

ELPL.N0000 (Elpitiya Plantations PLC)

Page 1 of 2 1, 2  Next

Go down

ELPL.N0000 (Elpitiya Plantations PLC)

Post by yellow knife on Mon Sep 07, 2015 4:42 pm

Elpitiya Plantations belong to Aitken Spence Plantations Management PLC (61.64%) and Aitken Spence Plantations Management PLC is one on the most illiquid company listed.

Company is developing six pillars of revenue namely tea, rubber, Palm Oil, Hydro Power, Tea exports and commercial forestry.

Company strategically thinking to break loose from commodity trap and place the company on a platform that does not depend on weather and fluctuating commodity prices and hence diversify the operations.

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

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: ELPL.N0000 (Elpitiya Plantations PLC)

Post by yellow knife on Mon Sep 07, 2015 4:43 pm

Revenue of the company is almost in the same line with other  plantations and moving with the herd.

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

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: ELPL.N0000 (Elpitiya Plantations PLC)

Post by yellow knife on Mon Sep 07, 2015 4:47 pm

EPS in comparison with other plantation companies

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

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: ELPL.N0000 (Elpitiya Plantations PLC)

Post by yellow knife on Mon Sep 07, 2015 4:49 pm

EPS of the company was maintained at 4 for 2015 but its ability to maintain the same for next year will be challenging as seen across the industry.

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

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: ELPL.N0000 (Elpitiya Plantations PLC)

Post by yellow knife on Mon Sep 07, 2015 4:50 pm

PE ratio was continuously at a low level

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

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: ELPL.N0000 (Elpitiya Plantations PLC)

Post by yellow knife on Mon Sep 07, 2015 4:51 pm

Dividend per share is not yet broken Rs 1.00 mark and as per first quarter report released its difficult to believe that barrier will be broken in next year.

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

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: ELPL.N0000 (Elpitiya Plantations PLC)

Post by yellow knife on Mon Sep 07, 2015 4:53 pm

Sometimes you find Nonsense relationships among two variables..

Market value and net assets per share normally move hand in hand but this is an exceptional behaviour

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

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: ELPL.N0000 (Elpitiya Plantations PLC)

Post by yellow knife on Mon Sep 07, 2015 4:58 pm

Noteworthy achievements during 2014/15. Palm Oil , low country ta and tea in the Pussellawa regions recorded remarkable results.

New Peacock Estate in Pussllawa achieved the highest ever yield of 3008 kg/ha  in Sri Lanka in the large estate category .

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: ELPL.N0000 (Elpitiya Plantations PLC)

Post by yellow knife on Mon Sep 07, 2015 5:02 pm

Hydro Power project has contributed 4,460 KW to the grid. Four more hydro-power projects in the pipeline . Other renewable energy generations sources are also under study including Wind, Solar, Biogas and currently initiated discussions for  a biogas generation project with a company which will be powered with POMPE ( Palm Oil Mill Effluent).

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: ELPL.N0000 (Elpitiya Plantations PLC)

Post by yellow knife on Mon Sep 07, 2015 5:03 pm

Eco Tourism is in the demand and many plantation companies are considering the possibility. ELPL is also considering that and Agar Wood to add revenue in future.

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: ELPL.N0000 (Elpitiya Plantations PLC)

Post by yellow knife on Mon Sep 07, 2015 5:09 pm

When challenge faced by all estates is shrinking work force. ELPL states that they are considering steps to mechanize the estate operations.

However i like to quote following

The fruits in oil palm bunches ripen unevenly  and have to be surgically  cut out at least every ten days to avoid rotting  and pest infestation. Engineers have never been able to mechanize the task and the work can only be done by hand. (54. How Asia Works)

Further elevation level of our tea estates make it difficult to mechanize the pruning process

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: ELPL.N0000 (Elpitiya Plantations PLC)

Post by yellow knife on Mon Sep 07, 2015 5:13 pm

I am a believer of subsidizing agriculture and following is quoted from p.4 of ELPL annual report 2015

We are grateful to the Government for continuing the fertilizer subsidy. the record yields we have achieved in our plantations without doubt is due to this support from the government and this has helped all stake holders to reap its benefits.

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: ELPL.N0000 (Elpitiya Plantations PLC)

Post by Defender on Mon Sep 07, 2015 5:36 pm

Cool! Easily digestable Data! thanks a lot.

Defender

Posts : 52
Join date : 2015-03-30
Location : Colombo

Back to top Go down

Re: ELPL.N0000 (Elpitiya Plantations PLC)

Post by slstock on Mon Sep 07, 2015 5:43 pm

This trend started in plantation sector as their cost of production was increasing for tea,rubber while market prices were not increasing proportionately /sufficiently ( actually it even dropped in rubber) .



yellow knife wrote:Sometimes you find Nonsense relationships among two variables..

Market value and net assets per share normally move hand in hand but this is an exceptional behaviour

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

_________________
Never listen to anyone including myself without your own study. Only few truly genuine people exist in this world.
Please read : [You must be registered and logged in to see this link.]
---------

If someone finds an Avatar of me in cyberspace commenting and you are unsure, Keep asking deeper questions until you are satisfied to distinguish between the Real and the Avatar. The real answers questions directly and deeply [You must be registered and logged in to see this image.]

---------
avatar
slstock
Veteran
Veteran

Posts : 5220
Join date : 2014-06-12

Back to top Go down

Re: ELPL.N0000 (Elpitiya Plantations PLC)

Post by pathfinder on Mon Sep 07, 2015 6:26 pm

Thanks YK + Very Happy
avatar
pathfinder
Top contributor
Top contributor

Posts : 1333
Join date : 2014-02-23
Age : 37

Back to top Go down

Re: ELPL.N0000 (Elpitiya Plantations PLC)

Post by serene on Mon Sep 07, 2015 7:43 pm

Thanks YK.

serene
Top contributor
Top contributor

Posts : 3672
Join date : 2014-02-26

Back to top Go down

Re: ELPL.N0000 (Elpitiya Plantations PLC)

Post by Nuinth on Mon Sep 07, 2015 10:02 pm

Thx YK. Good job +.

Nuinth
Top contributor
Top contributor

Posts : 551
Join date : 2014-02-28
Location : Universe

Back to top Go down

Re: ELPL.N0000 (Elpitiya Plantations PLC)

Post by yellow knife on Fri Sep 09, 2016 1:29 pm

2015/16

2015/16 was not a good year for Plantation sector.

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

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: ELPL.N0000 (Elpitiya Plantations PLC)

Post by yellow knife on Fri Sep 09, 2016 1:30 pm

EPS fell down substantially with commodity price drop.

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

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: ELPL.N0000 (Elpitiya Plantations PLC)

Post by yellow knife on Fri Sep 09, 2016 1:31 pm

Having a lower PE ratio does not always mean the share is attractive as future income is the important factor.

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

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: ELPL.N0000 (Elpitiya Plantations PLC)

Post by yellow knife on Fri Sep 09, 2016 1:32 pm

Not all plantations can pay dividends..

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

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: ELPL.N0000 (Elpitiya Plantations PLC)

Post by yellow knife on Fri Sep 09, 2016 1:33 pm

Net Assets and Market share move in opposite directions in plantation sector.

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

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: ELPL.N0000 (Elpitiya Plantations PLC)

Post by yellow knife on Fri Sep 09, 2016 1:36 pm

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

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: ELPL.N0000 (Elpitiya Plantations PLC)

Post by yellow knife on Fri Sep 01, 2017 9:02 am

2017

ELPL  can be proud of the year ended and following grid is proudly presented in their annual report.


Descritpion20172016Increase %
Turnover3,009,791.002,444,426.0023
Gross Profit607,401.00175,312.00246
PAT463,289.00219,812.00111
Income Tax Expense-43,452.00-24,270.0079
Current Assets639,454.00480,868.0033
Shareholders Funds3,912,787.003,393,732.0015
EPS5.772.69114
Dividends1.000.50100
Net Assets P/S53.7046.5715
ROE15.218.4181

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Re: ELPL.N0000 (Elpitiya Plantations PLC)

Post by yellow knife on Fri Sep 01, 2017 9:04 am

Revenue of ELPL as well as its PAT has reversed the downward trend experience for some time.

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

yellow knife
Top contributor
Top contributor

Posts : 5897
Join date : 2014-03-27

Back to top Go down

Page 1 of 2 1, 2  Next

Back to top


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