KGAL.N0000 (Kegalle Plantation PLC)

[yellow knifeTop contributor]

Kegalle Plantation is the largest rubber producing company among the Plantation companies in Sri Lanka. It  accounts for 4 Million Kilograms of average production per annum.

Year 2011 was the best year for this company and the decline of Sales Turnover was due to world rubber price decline..

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[yellow knifeTop contributor]

As I ve mentioned in another thread Plantation Sector can not influence much to the Price and Quantity of its products.

Manufacturing sector can influence. Hence Plantation sectors earning is highly depending on the factors out of its control.

Further I made a comparison of Dipped Products and Kegalle in turnover. Both companies are depending on rubber. Kegalle's output of rubber is a raw material where Dipped's output is a value added.

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[yellow knifeTop contributor]

Debt to Equity ratio is another interesting factor..Once again year 2011 was a turning factor..

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[yellow knifeTop contributor]

EPS is also on declining trend will settle and we have to evaluate next quarter report to consider the next wave.


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[yellow knifeTop contributor]

when calculating EPS I ve considered the company and not the Group. However I took the data from last published annual report and group EPS as well as Dividends are missing in the ten year summary..

[yellow knifeTop contributor]

If you prefer to enter Kegalle now , following chart will not be encouraging you. PE ratio is on inclining trend...

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[yellow knifeTop contributor]

Company EPS and group EPS naturally move in the same direction..

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[LeonTop contributor]

Can we expect rubber prices to recover in near future?

[First Guy]

There was a good volume yesterday

[LeonTop contributor]

I think prices may be ok to enter but this is not the right time.

[yellow knifeTop contributor]

Let me take time and study rubber prices... i found one good article on that matter

Regarding yesterday quantity its a big amount need to know who the seller and buyer...

[Crystal2008]

Let me take time and study rubber prices... i found one good article on that matter

Regarding yesterday quantity its a big amount need to know who the seller and buyer...

I guess, the share quantity 173251 owned to number 6th shareholder, A. K. Kumarasena
Looks like he has exit, don't know anything about the buyer

[smallvilleTop contributor]

Appreciate the valuable work YK.. Dont take company results for your analysis, its de norm we take group results.

[yellow knifeTop contributor]

Ok thanx Small...Only in Kegalle analysis I took company results as the annual report contains only that.. Next time I will do the hard-work and get group results...

[BackstageTop contributor]

SouthEast Asia is bracing for a possible above average El-nino . I wonder if that would be the game changer for rubber prices. Would love to hear input from Jana1 and Chinwi.

[Hawk Eye]

Sudden interest in KGAL and AINS.

[Lalinda]

Any reasons behind?

[yellow knifeTop contributor]

[*]DIVIDEND ANNOUNCEMENT    10 July 2015 Date of Announcement: - 10.July.2015 Rate of Dividend: - Rs. 45.00 per share / Interim Dividend Financial Year: - 2015/2016 XD: - 21.July.2013 Payment: - 29.July.2013 Share Transfer Book Open

[yellow knifeTop contributor]

This is how published in CSE ...I hope not they plan to close the shop with Rs 45 as dividend...

[Future123Active Member]

Be careful with this. I think this is wrong. It may be 4.50.

[yellow knifeTop contributor]

Yes it should be 4.50 when compare with Earnings...But if so this is a terrible mistake..

[Jana1Top contributor]

Kegal must be fed up with reason wage issue and rock bottom rubber price. 45 could be mistake, else parent need urgent money at the cost of subsidiary..

[LeonTop contributor]

Better check it out. Who knows. As share prices not doing well company itself giving away something.

[yellow knifeTop contributor]

Kegal must be fed up with reason wage issue and rock bottom rubber price. 45 could be mistake, else parent need urgent money at the cost of subsidiary..

I mentioned this parent-sibling relationship just now in CIND.N0000

Will parent kill its sibling in case of urgent money requirement...

[chutiputhaTop contributor]

Assumption - KGAL trading will be halt Monday morning if they r not going to correct before Monday.