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5 posters
Colombo Tea Auction Statistics - Q1 17 Vs Q1 18
The Invisible- Posts : 3116
Join date : 2016-11-28
Age : 44
The Invisible- Posts : 3116
Join date : 2016-11-28
Age : 44
- Post n°2
Re: Colombo Tea Auction Statistics - Q1 17 Vs Q1 18
by The Invisible Tue Apr 17, 2018 10:39 pm
The interesting observation is that though the volume has declined by 1.4% the value still up by 2.5%. This is mainly due to the average price increase YoY quarterly.
The key takeaway would be when the volume goes down the cost of sales going down and when the prices have increased then it will directly improve the gross profit margin of the companies.
In conclusion we can expect the plantation sector (mainly tea) to record growth in revenue in Q1 18 YoY and gross profit increasing YoY. If the operating costs were managed similar to last quarter then good plantations should record good growth in earnings in Q1 18 YoY.
My key hopes are TPL, MAL, MASK, LDEV, KVAL, UDPL, HPL & ELPL.
The key takeaway would be when the volume goes down the cost of sales going down and when the prices have increased then it will directly improve the gross profit margin of the companies.
In conclusion we can expect the plantation sector (mainly tea) to record growth in revenue in Q1 18 YoY and gross profit increasing YoY. If the operating costs were managed similar to last quarter then good plantations should record good growth in earnings in Q1 18 YoY.
My key hopes are TPL, MAL, MASK, LDEV, KVAL, UDPL, HPL & ELPL.
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
- Post n°3
Re: Colombo Tea Auction Statistics - Q1 17 Vs Q1 18
by yellow knife Wed Apr 18, 2018 7:19 am
Thanks Invisible ++
spw19721- Active Member
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Join date : 2015-08-22
thanks
The Invisible- Posts : 3116
Join date : 2016-11-28
Age : 44
- Post n°5
Re: Colombo Tea Auction Statistics - Q1 17 Vs Q1 18
by The Invisible Wed Apr 18, 2018 9:44 pm
Some high level estimates based on my assumptions are given below. If they prove to be correct then we should see plantation sector stocks start moving towards their 52W high recorded last year.
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yellow knife- Top contributor
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- Post n°6
Re: Colombo Tea Auction Statistics - Q1 17 Vs Q1 18
by yellow knife Thu Apr 19, 2018 7:23 am
Lucky to have a writer who is also interested in Plantations. However since all above plantation companies are not purely depending on tea we have to look at commodity prices of Rubber as well as Palm Oil.
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The Invisible- Posts : 3116
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Age : 44
- Post n°7
Re: Colombo Tea Auction Statistics - Q1 17 Vs Q1 18
by The Invisible Thu Apr 19, 2018 1:10 pm
Majority are specifically tea except for KVAL & ELPL. However ELPL and KVAL too have a huge exposure to tea other than Rubber & Palm Oil. KVAL made the super result in Jan-March period of 2017 courtesy to Tea boom and this time too I expect a repeat.
yellow knife- Top contributor
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Join date : 2014-03-27
- Post n°8
Re: Colombo Tea Auction Statistics - Q1 17 Vs Q1 18
by yellow knife Thu Apr 19, 2018 1:34 pm
Thanks Invisible
Senarath67- Posts : 100
Join date : 2016-08-26
- Post n°9
Re: Colombo Tea Auction Statistics - Q1 17 Vs Q1 18
by Senarath67 Fri Apr 20, 2018 11:38 am
The Invisible,Thank you very much for your analysis.
lanka- Posts : 624
Join date : 2014-11-26
Thank you, dear Invisible
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