The Investor Sentiment - Equity and investments forum for Sri Lankans



Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans

The Investor Sentiment - Equity and investments forum for Sri Lankans

Would you like to react to this message? Create an account in a few clicks or log in to continue.
The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting

Latest topics

» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
Madulsima Plantations PLC EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
Madulsima Plantations PLC EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Madulsima Plantations PLC EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Madulsima Plantations PLC EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Madulsima Plantations PLC EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Madulsima Plantations PLC EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Madulsima Plantations PLC EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Madulsima Plantations PLC EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Madulsima Plantations PLC EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Madulsima Plantations PLC EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Madulsima Plantations PLC EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Madulsima Plantations PLC EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Madulsima Plantations PLC EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Madulsima Plantations PLC EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Madulsima Plantations PLC EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Madulsima Plantations PLC EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Madulsima Plantations PLC EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Madulsima Plantations PLC EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Madulsima Plantations PLC EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Madulsima Plantations PLC EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Madulsima Plantations PLC EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Madulsima Plantations PLC EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Madulsima Plantations PLC EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Madulsima Plantations PLC EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Madulsima Plantations PLC EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Madulsima Plantations PLC EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Madulsima Plantations PLC EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Madulsima Plantations PLC EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Madulsima Plantations PLC EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Madulsima Plantations PLC EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Madulsima Plantations PLC EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Madulsima Plantations PLC EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Madulsima Plantations PLC EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Madulsima Plantations PLC EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Madulsima Plantations PLC EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Madulsima Plantations PLC EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Madulsima Plantations PLC EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Madulsima Plantations PLC EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Madulsima Plantations PLC EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Madulsima Plantations PLC EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Madulsima Plantations PLC EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Madulsima Plantations PLC EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Madulsima Plantations PLC EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Madulsima Plantations PLC EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Madulsima Plantations PLC EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Madulsima Plantations PLC EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Madulsima Plantations PLC EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Madulsima Plantations PLC EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Madulsima Plantations PLC EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Madulsima Plantations PLC EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

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

+7
slstock
hariesha
shane101
KDDND
smallville
Jana1
stocks hunter
11 posters

    Madulsima Plantations PLC

    stocks hunter
    stocks hunter
    Top contributor
    Top contributor


    Posts : 1280
    Join date : 2014-03-16

    Madulsima Plantations PLC Empty Madulsima Plantations PLC

    Post by stocks hunter Sun Oct 12, 2014 7:58 pm

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

    MADU will produce good results for the SEP Q as well.Hence we can expect the share to reach new high levels in comming weeks. Recently it traded high of Rs16.50 and cooled off around Rs14.80 levels and once again started to go up. This is one of very few shares that went against the general mkt trend last friday and ended up at Rs15.0 up by Rs0.50 cents on thin margins.

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

    Keep a closer look at MADU.
    avatar
    Jana1
    Top contributor
    Top contributor


    Posts : 630
    Join date : 2014-02-23

    Madulsima Plantations PLC Empty Re: Madulsima Plantations PLC

    Post by Jana1 Mon Oct 13, 2014 5:09 am

    Hello buddy,

    Don't jump to conclusion by looking just price appreciation when mkt is bear. See only 1615 shares was traded yesterday. Then hw can u expect it will back?

    And have u ever invested in Madu befr? I have traded several times. This time I thought not to touch as plantation had difficulties. Do u know hpow they make profit? Dont trust their NAV. That is bullshit from biological asset reval. See in ur report over 50 mn from revaluation which never give them return. They just set off when audited account comes.
    smallville
    smallville
    Top contributor
    Top contributor


    Posts : 1872
    Join date : 2014-02-23
    Location : Trying to figure out..

    Madulsima Plantations PLC Empty Re: Madulsima Plantations PLC

    Post by smallville Mon Oct 13, 2014 8:44 am

    Anyways, plantations are not considered as per their NAV, its again PE basis valuation with a good 25-35% discount to sector only value a plantation for its worth. Why we discount is for unforeseeable risk with rains and wage hike like scenarios.
    KDDND
    KDDND
    Top contributor
    Top contributor


    Posts : 459
    Join date : 2014-02-23

    Madulsima Plantations PLC Empty Re: Madulsima Plantations PLC

    Post by KDDND Mon Oct 13, 2014 8:52 am

    As per my observations...
    plantation shares mostly in discount rate / price..
    but thats this sector's habit or nature....

    I am not quite sure whether it is signal to buy...
    but for me... its not that much good reason to select it as a BUY!

    GL!
    avatar
    Jana1
    Top contributor
    Top contributor


    Posts : 630
    Join date : 2014-02-23

    Madulsima Plantations PLC Empty Re: Madulsima Plantations PLC

    Post by Jana1 Mon Oct 13, 2014 11:04 am

    smallville wrote:Why we discount is for unforeseeable risk with rains and wage hike like scenarios.

    I never heard plantation should be valued based on the earnings- not to consider NAV. I thought wage hike is foreseeable. It is generally each 2 years they expect increment. The two years term will end by start of April 2015. So u couldn't foresee? Once wage is increase by 20% again, tea plantation will be in hell for another 6-12 months. But discounting for rain is useless..
    stocks hunter
    stocks hunter
    Top contributor
    Top contributor


    Posts : 1280
    Join date : 2014-03-16

    Madulsima Plantations PLC Empty Re: Madulsima Plantations PLC

    Post by stocks hunter Wed Oct 15, 2014 9:18 pm

    UDPL is going to be a killer here. Keep an eye on MADU since it is in the same boat as well.
    smallville
    smallville
    Top contributor
    Top contributor


    Posts : 1872
    Join date : 2014-02-23
    Location : Trying to figure out..

    Madulsima Plantations PLC Empty Re: Madulsima Plantations PLC

    Post by smallville Thu Oct 16, 2014 9:00 am

    Jana1 wrote:
    smallville wrote:Why we discount is for unforeseeable risk with rains and wage hike like scenarios.

    I never heard plantation should be valued based on the earnings- not to consider NAV. I thought wage hike is foreseeable. It is generally each 2 years they expect increment. The two years term will end by start of April 2015. So u couldn't foresee? Once wage is increase by 20% again, tea plantation will be in hell for another 6-12 months. But discounting for rain is useless..

    As far as my memory serves, everyone (including me) analysed plantations on PE based with a discount to sector PE. Greedy or Cse.cee had done such in 2011 before the KGAL run too Smile

    Yes the wage hike is at least foreseeable.. But naturally plantations follow a trend of few years of profits followed by losses..

    Would you not consider the affect to rubber tapping due to rain?

    Rains are plus for Hydro though..
    avatar
    shane101
    Top contributor
    Top contributor


    Posts : 120
    Join date : 2014-04-27

    Madulsima Plantations PLC Empty Re: Madulsima Plantations PLC

    Post by shane101 Thu Oct 16, 2014 4:33 pm

    Seems like plantation rally on the way , recently many plantation shares start moving upward.
    stocks hunter
    stocks hunter
    Top contributor
    Top contributor


    Posts : 1280
    Join date : 2014-03-16

    Madulsima Plantations PLC Empty Re: Madulsima Plantations PLC

    Post by stocks hunter Fri Oct 17, 2014 6:23 am

    MADU is a share not to miss in a plantation rally.Still its a shame why people do not like plantations. Every business has its own risks. It is not limited to plantations only.
    avatar
    hariesha
    Top contributor
    Top contributor


    Posts : 1329
    Join date : 2014-04-09

    Madulsima Plantations PLC Empty Re: Madulsima Plantations PLC

    Post by hariesha Fri Oct 17, 2014 11:26 pm

    My feeling is plantations will be in RED or in minor profits in September quarter.

    There are two factors to consider in Tea profitability. Crop and Price. Last three months was not good for Tea. Less crop with lessor prices prevailed.

    Normally winter buying is starting in the month of September. This year it didn't happened either. Only in October we saw some good prices with improved buying. But in last two auctions low grown prices came down by considerable margins, mostly because lessor demand in Mid East. Next quarter will be a more difficult one. In addition to mid east crisis, Russian currency is falling. Continually shrinking oil prices will erode buying power of Mid-East and Russians.

    Early 2014 I published an earnings forecast on RPCs with oil palm, probably in the other forum. ELPL, WATA, NAMU and AGAL. AGAL exposure to palm oil is negligible. I think these plantations outperformed the rest during last six months.

    Rubber sector, no point of discussing now as no signs of recovery yet.

    So those who wants to be in plantations I recommend RPCs with exposure to Oil Palm, but better avoiding plantations.

    A plantation rally - For a rally no need of fundamentals. When some body push one others will follow. But don't expect rally's with good results.
    slstock
    slstock
    Veteran
    Veteran


    Posts : 6216
    Join date : 2014-06-12

    Madulsima Plantations PLC Empty Re: Madulsima Plantations PLC

    Post by slstock Sat Oct 18, 2014 2:31 am

    As there is interest in plantation now, I thought I will tell my opinion for what its worth. Don't get in big time or have huge hopes on a massive overall plantation run as of yet ( ofcourse if each company pushed there can be an artifical one). When I went though reports , other than a handful of companies ( mainly ones with Oil palm or selected Tea) reported earning were higher due to revaluation of assets.

    WATA , UDPL has gone up 100% from low this year.
    IF I have time will write more on other plantation companies later.
    avatar
    Karan


    Posts : 58
    Join date : 2014-02-25

    Madulsima Plantations PLC Empty Re: Madulsima Plantations PLC

    Post by Karan Mon Oct 20, 2014 3:18 pm

    MADU NAVPS 55.77 last 3 month EPS 2.09
    stocks hunter
    stocks hunter
    Top contributor
    Top contributor


    Posts : 1280
    Join date : 2014-03-16

    Madulsima Plantations PLC Empty Re: Madulsima Plantations PLC

    Post by stocks hunter Mon Oct 20, 2014 8:59 pm

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

    When tea time comes plantation companies with 100% tea has a very good time. When it is low liquidity it gives good aroma taste. When other ingrediants added - like of NAV+EPS etc..etc.. It gives us a great taste nothing can match it.
    avatar
    hariesha
    Top contributor
    Top contributor


    Posts : 1329
    Join date : 2014-04-09

    Madulsima Plantations PLC Empty Re: Madulsima Plantations PLC

    Post by hariesha Mon Oct 20, 2014 10:43 pm

    * As there are some interest in Plantations I am publishing following valuations.

    * These valuations are for trading purposes only. Lot more things to consider for investing in Plantations.

    * Rubber plantations are excluded

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

    Foward EPS assuming last quarter earnings will continue.

    [You must be registered and logged in to see this image.]
    avatar
    Jana1
    Top contributor
    Top contributor


    Posts : 630
    Join date : 2014-02-23

    Madulsima Plantations PLC Empty Re: Madulsima Plantations PLC

    Post by Jana1 Tue Oct 21, 2014 5:50 am

    stocks hunter wrote:[You must be registered and logged in to see this image.]" />

    When tea time comes plantation companies with 100% tea has a very good time. When it is low liquidity it gives good aroma taste. When other ingrediants added - like of NAV+EPS etc..etc.. It gives us a great taste nothing can match it.

    According ur chart, if u read its pattern carefully, there is chance it to touch 19-20. Wait and c.
    stocks hunter
    stocks hunter
    Top contributor
    Top contributor


    Posts : 1280
    Join date : 2014-03-16

    Madulsima Plantations PLC Empty Re: Madulsima Plantations PLC

    Post by stocks hunter Tue Oct 21, 2014 6:45 am

    hariesha,

    Yes MADU is a good company at present and attractive as you mentioned.When it comes to UDPL and WATA they have increased more than 100% during this run and MADU deserve to trade over Rs20in every angles.

    Low liquidity is the biggest asset MADU is having at the moment like UDPL. Can take it to new price levels since it is well backed by fundamentals as well.
    smallville
    smallville
    Top contributor
    Top contributor


    Posts : 1872
    Join date : 2014-02-23
    Location : Trying to figure out..

    Madulsima Plantations PLC Empty Re: Madulsima Plantations PLC

    Post by smallville Tue Oct 21, 2014 9:19 am

    Breaking 17 barrier is vital for MADU

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

    On the other hand, looking at Hareisha's illustrated figures, I find BALA to be undervalued based on PBV & PE both.
    avatar
    Jana1
    Top contributor
    Top contributor


    Posts : 630
    Join date : 2014-02-23

    Madulsima Plantations PLC Empty Re: Madulsima Plantations PLC

    Post by Jana1 Tue Oct 21, 2014 9:26 am

    In my view Madu is purely speculative counter. There is no cash reserve and they rarely make cashflow. Those who don't understand the basic will pay off. No1 can fall in love with speculative. As I said MADU touched 19 and returning back. I thought that is the exit time for the time being if u r a trader.

    Yes BALA could be good pick. I haven't check nw days..
    avatar
    pri67ket


    Posts : 159
    Join date : 2014-10-08

    Madulsima Plantations PLC Empty Re: Madulsima Plantations PLC

    Post by pri67ket Tue Oct 21, 2014 9:58 am

    MADU seems to be speculative sale.It's running in loss in 2012(219M) & 2013(66M).Even in 1st quarter in 2014 13M loss.

    It's major income tea.It doesn't have palm oil which is major income in plantations in recent times.

    I don't think it will show profit in this quarter(end of Sep 2014)

    Shocked Shocked Shocked Shocked
    Backstage
    Backstage
    Top contributor
    Top contributor


    Posts : 3803
    Join date : 2014-02-24

    Madulsima Plantations PLC Empty Re: Madulsima Plantations PLC

    Post by Backstage Tue Oct 21, 2014 10:20 am

    pri67ket wrote:MADU seems to be speculative sale.It's running in loss in 2012(219M) & 2013(66M).Even in 1st quarter in 2014  13M loss.

    It's major income tea.It doesn't have palm oil which is major income in plantations in recent times.

    I don't think it will show profit in this quarter(end of Sep 2014)

    Shocked Shocked Shocked Shocked

    Welcome to the forum pri, nice to have new members joining in the discussions.
    avatar
    pri67ket


    Posts : 159
    Join date : 2014-10-08

    Madulsima Plantations PLC Empty Re: Madulsima Plantations PLC

    Post by pri67ket Tue Oct 21, 2014 11:05 am

    Backstage wrote:
    pri67ket wrote:MADU seems to be speculative sale.It's running in loss in 2012(219M) & 2013(66M).Even in 1st quarter in 2014  13M loss.

    It's major income tea.It doesn't have palm oil which is major income in plantations in recent times.

    I don't think it will show profit in this quarter(end of Sep 2014)

    Shocked Shocked Shocked Shocked

    Welcome to the forum pri, nice to have new members joining in the discussions.

    Thanks Buddy.
    stocks hunter
    stocks hunter
    Top contributor
    Top contributor


    Posts : 1280
    Join date : 2014-03-16

    Madulsima Plantations PLC Empty Re: Madulsima Plantations PLC

    Post by stocks hunter Tue Oct 21, 2014 4:10 pm

    Even fundamentals are strong plantations have their own risks. Hence better be careful as mentioned by the forum members. If you are not comfortable don't touch it.

    Now just look at CFVF. They have declared very good results and still price of the share is comming down.
    DocStock
    DocStock
    Top contributor
    Top contributor


    Posts : 239
    Join date : 2014-03-17

    Madulsima Plantations PLC Empty Re: Madulsima Plantations PLC

    Post by DocStock Mon May 04, 2015 11:09 pm

    I would like to revisit these calculations, please.
    Mightily interested in ELPL, BOPL, TPL
    @Hariesha up for it?

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

      Current date/time is Fri Nov 08, 2024 6:41 am