Home[You must be registered and logged in to see this image.]
Search
Latest topics
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
5 posters
Colombo Tea Auction Statistics - Q1 17 Vs Q1 18
The Invisible- Posts : 3116
Join date : 2016-11-28
Age : 45
The Invisible- Posts : 3116
Join date : 2016-11-28
Age : 45
- 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
- Posts : 683
Join date : 2015-08-22
thanks
The Invisible- Posts : 3116
Join date : 2016-11-28
Age : 45
- 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.
[You must be registered and logged in to see this image.]
[You must be registered and logged in to see this image.]
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
- 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.
[You must be registered and logged in to see this image.]
[You must be registered and logged in to see this image.]
The Invisible- Posts : 3116
Join date : 2016-11-28
Age : 45
- 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
- Posts : 6980
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
» CCS.N0000 ( Ceylon Cold Stores)
» Sri Lanka plans to allow tourists from August, no mandatory quarantine
» When Will It Be Safe To Invest In The Stock Market Again?
» Dividend Announcements
» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්රතික්ෂේප කළ ගණිතඥයා
» SEYB.N0000 (Seylan Bank PLC)
» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
» The Korean Way !
» In the Meantime Within Our Shores!
» What is Known as Dementia?
» SRI LANKA TELECOM PLC (SLTL.N0000)
» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
» Equinox ( වසන්ත විෂුවය ) !
» COMB.N0000 (Commercial Bank of Ceylon PLC)
» REXP.N0000 (Richard Pieris Exports PLC)
» RICH.N0000 (Richard Pieris and Company PLC)
» Do You Have Computer Vision Syndrome?
» LAXAPANA BATTERIES PLC (LITE.N0000)
» What a Bank Run ?
» 104 Technical trading experiments by HUNTER
» GLAS.N0000 (Piramal Glass Ceylon PLC)
» Cboe Volatility Index
» AHPL.N0000
» TJL.N0000 (Tee Jey Lanka PLC.)
» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
» Bitcoin and Cryptocurrency
» CSD.N0000 (Seylan Developments PLC)
» PLC.N0000 (People's Leasing and Finance PLC)
» Bakery Products ?
» NTB.N0000 (Nations Trust Bank PLC)
» Going South
» When Seagulls Follow the Trawler
» Re-activating
» අපි තමයි හොඳටම කරේ !
» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
» SAMP.N0000 (Sampath Bank PLC)
» APLA.N0000 (ACL Plastics PLC)
» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
» Banks, Finance & Insurance Sector Chart
» VPEL.N0000 (Vallibel Power Erathna PLC)
» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
» WATA - Watawala
» KFP.N0000(Keels Food Products PLC)
» Capital Trust Broker in difficulty?
» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
» What Industry Would You Choose to Focus?
» Should I Stick Around, or Should I Follow Others' Lead?