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TPL.N0000 (TALAWAKALE PLANTATIONS )
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
- Post n°51
Re: TPL.N0000 (TALAWAKALE PLANTATIONS )
yellow knife- Top contributor
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- Post n°52
Re: TPL.N0000 (TALAWAKALE PLANTATIONS )
smallville- Top contributor
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Location : Trying to figure out..
- Post n°53
Re: TPL.N0000 (TALAWAKALE PLANTATIONS )
yellow knife- Top contributor
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- Post n°54
Re: TPL.N0000 (TALAWAKALE PLANTATIONS )
bear- Posts : 37
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- Post n°55
Re: TPL.N0000 (TALAWAKALE PLANTATIONS )
bear- Posts : 37
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- Post n°56
Re: TPL.N0000 (TALAWAKALE PLANTATIONS )
yellow knife- Top contributor
- Posts : 6980
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- Post n°57
Re: TPL.N0000 (TALAWAKALE PLANTATIONS )
2017
2017 recorded a very good year for TPL and the company was able to record the highest company profit before tax to date which was recorded in 2012.
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yellow knife- Top contributor
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- Post n°58
Re: TPL.N0000 (TALAWAKALE PLANTATIONS )
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yellow knife- Top contributor
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- Post n°59
Re: TPL.N0000 (TALAWAKALE PLANTATIONS )
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There are companies that try to maintain steady dividend payout ratios like Teejay, JINS or PLC. Yet the dividend payout pattern of TPL is really good for both the company and shareholders..
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yellow knife- Top contributor
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- Post n°60
Re: TPL.N0000 (TALAWAKALE PLANTATIONS )
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yellow knife- Top contributor
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- Post n°61
Re: TPL.N0000 (TALAWAKALE PLANTATIONS )
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yellow knife- Top contributor
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- Post n°62
Re: TPL.N0000 (TALAWAKALE PLANTATIONS )
yellow knife- Top contributor
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- Post n°63
Re: TPL.N0000 (TALAWAKALE PLANTATIONS )
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yellow knife- Top contributor
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- Post n°64
Re: TPL.N0000 (TALAWAKALE PLANTATIONS )
TPL identify the same reasons like drought, strikes, and ad hoc banning of weedicides and banning certain types of fertilizer as reasons..
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slstock- Veteran
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Join date : 2014-06-12
- Post n°65
Re: TPL.N0000 (TALAWAKALE PLANTATIONS )
Few notes
1) "We are yet to see the complete picture of the Plantation sector."
A very wise statement to be noted
![Wink](https://2img.net/i/fa/i/smiles/icon_wink.gif)
2) Dividends
"decisions to not to pay dividend in 2016 and less dividend for 2017 made it possible to break away from the Net Asset Growth line smartly".
Yes specially in the volatile plantation sector, I think such moves are necessary.
"Company was managing its debt perfectly and now it is in a position to pay higher dividends."
Yeah that good to note.
In the mean time as we know, plantations can report a fantastic one quarter and next be totally different due many volatile factors.
3) So smart plantations will/should manage their dividend pay out ratios to save money for difficult times and maintain their asset quality .
Else some will need to go for right issues and also face devaluation of their share prices by 50-90% in bad times.
One SAD Example :
KOTA:
It so sad to see one of the strongest ( top of the list) plantation shares in 2010-2011 period - KOTA- being butchered by the management.
How can a once Rs 170 share trade at Rs 9 or something in march 2017?
Also has a right issue now at Rs 10 ( is it ? - need to check ).
They took shareholder money time to time only to see their share value dropping 90% from top , and no dividend . Even worse is they ask for
more money from share holders after all this blunders.
Speaking of TPL ,
it is on of the better managed plantations along with WATA and couple of others. But both/most have recovered/increased in price ( over 50%) since march bottoms reflecting their decent earnings in the last couple of quarters (after very bad period at CSE)
කිත්සිරි ද සිල්වා- Top contributor
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- Post n°66
Re: TPL.N0000 (TALAWAKALE PLANTATIONS )
(Even WATA, I should have bought more when it was less than 20/=).
![Very Happy](https://2img.net/i/fa/i/smiles/icon_biggrin.png)
Ethical Trader- Top contributor
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- Post n°67
Re: TPL.N0000 (TALAWAKALE PLANTATIONS )
yellow knife- Top contributor
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- Post n°68
Re: TPL.N0000 (TALAWAKALE PLANTATIONS )
Column1 | First 6 Months 2017 | First 6 Months 2016 |
Revenue | 2,073,193 | 1,457,751 |
Gross Profit | 235,462 | -7,329 |
Net Profit | 132,894 | -108,114 |
bear- Posts : 37
Join date : 2015-01-27
- Post n°69
Re: TPL.N0000 (TALAWAKALE PLANTATIONS )
කිත්සිරි ද සිල්වා- Top contributor
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- Post n°70
Re: TPL.N0000 (TALAWAKALE PLANTATIONS )
![Very Happy](https://2img.net/i/fa/i/smiles/icon_biggrin.png)
![bounce](https://2img.net/i/fa/i/smiles/icon_bounce.gif)
![affraid](https://2img.net/i/fa/i/smiles/affraid.gif)
bear- Posts : 37
Join date : 2015-01-27
- Post n°71
Re: TPL.N0000 (TALAWAKALE PLANTATIONS )
![Rolling Eyes](https://2img.net/i/fa/i/smiles/icon_rolleyes.gif)
Fireandwater- Posts : 88
Join date : 2015-10-29
- Post n°72
Re: TPL.N0000 (TALAWAKALE PLANTATIONS )
I feel its not very undervalued for a plantation share
Fireandwater- Posts : 88
Join date : 2015-10-29
- Post n°73
Re: TPL.N0000 (TALAWAKALE PLANTATIONS )
bear- Posts : 37
Join date : 2015-01-27
- Post n°74
Re: TPL.N0000 (TALAWAKALE PLANTATIONS )
bear- Posts : 37
Join date : 2015-01-27
- Post n°75
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