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

» CCS.N0000 ( Ceylon Cold Stores)
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 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
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
KGAL.N0000 (Kegalle Plantation PLC) - Page 2 EmptyThu Oct 06, 2022 11:26 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

+25
bullstreet
Rana
Admin
yaka
CubedSol
Gaudente
serene
hariesha
Axe
poor boy
sapumal
pathfinder
කිත්සිරි ද සිල්වා
guruji
chutiputha
Jana1
Future123
Lalinda
Hawk Eye
Backstage
smallville
Crystal2008
First Guy
Leon
yellow knife
29 posters

    KGAL.N0000 (Kegalle Plantation PLC)

    avatar
    guruji


    Posts : 602
    Join date : 2015-04-27

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by guruji Fri Jul 10, 2015 8:06 pm

    If its 45 hypothetically wt will happen to share price
    කිත්සිරි ද සිල්වා
    කිත්සිරි ද සිල්වා
    Top contributor
    Top contributor


    Posts : 9679
    Join date : 2014-02-23
    Age : 66
    Location : රජ්ගම

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by කිත්සිරි ද සිල්වා Fri Jul 10, 2015 8:25 pm

    Dividend hunting herd will go after it and price is likely to have a better appreciation initially.

    guruji wrote:If  its  45   hypothetically  wt  will  happen  to  share  price
    pathfinder
    pathfinder
    Top contributor
    Top contributor


    Posts : 1450
    Join date : 2014-02-23

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by pathfinder Fri Jul 10, 2015 9:18 pm

    This should be a typo.
    Issued share quantity is 25MN,If Rs.45 is to be given they need Rs.1.125Bn
    Total revenue for the year was Rs.2.023Bn
    EPS was Rs.9.16
    Are they going to pay a dividend of 5 times of annual EPS????? Evil or Very Mad
    The company should take the responsibility for this kind of misleading info.
    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by First Guy Fri Jul 10, 2015 10:16 pm

    For all we know, this can be a typo, but bit far stretched as well.

    In any case, they can definitely pay this much. Once they paid 13.50/- which was a big amount at the time.

    Take a look. This was almost a year ago and now the position was only better.
    [You must be registered and logged in to see this link.]

    In the above by mistake I have named the debentures as "Cash" but the net financial assets position was quite strong.

    They currently have around 2.5bn ST investments so paying 1.1 is not a big deal. Only thing profitability of the next few quarters will be affected.

    Paying this dividend is actually to the parent RPC Management. If anyone was watching, they were collecting from the market when the prices were falling. As at last report they had 79.08% which now could be 80% (highest possible to maintain public holding?) and thus the perfect time to transfer all the money.

    If the dividend is in fact 45/- our retailers will make this shoot up which is an attractive point to exit, as after the payout, this should trade around 55-65/- in my opinion based on other plantations' P/BV and earnings.
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by yellow knife Sat Jul 11, 2015 12:46 pm

    guruji wrote:If  its  45   hypothetically  wt  will  happen  to  share  price

    Then current price + Rs 45 will be the market value

    I like to value a share by dividing EPS by 10% and DPS by 10% to arrive at my maximum affordable price for share

    Thus Kegalle EPS 9/.10=90

    If the dividend is 45/.10 =450

    but definitely it should be 4.50
    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by First Guy Sat Jul 11, 2015 1:36 pm

    yellow knife wrote:
    guruji wrote:If  its  45   hypothetically  wt  will  happen  to  share  price

    Then current price + Rs 45 will be the market value

    I like to value a share by dividing EPS by 10% and DPS by 10% to arrive at my maximum affordable price for share

    Thus Kegalle EPS  9/.10=90

    If the dividend is 45/.10 =450

    but definitely it should be 4.50

    I now have a strong feeling that it is 45/- in fact otherwise it would have been corrected by now. Anyway don't use the above calculations for one-off dividends.

    Also, technically, price should not go up by 45/- It could go up to around 110-115/- level
    avatar
    sapumal


    Posts : 304
    Join date : 2014-09-10

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by sapumal Sat Jul 11, 2015 1:41 pm

    Divident is not because company doing well. It is to stop possible wage hike by getting out excess money


    Last edited by sapumal on Sat Jul 11, 2015 1:43 pm; edited 1 time in total
    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by First Guy Sat Jul 11, 2015 1:43 pm

    sapumal wrote:Divident is not because company doing well. It is to stop possible wage hike

    Yes and no. How can they stop the wage hike by giving a dividend?

    This is just a transfer of cash to the parent effectively.
    avatar
    sapumal


    Posts : 304
    Join date : 2014-09-10

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by sapumal Sat Jul 11, 2015 1:46 pm

    First Guy wrote:
    sapumal wrote:Divident is not because company doing well. It is to stop possible wage hike

    Yes and no. How can they stop the wage hike by giving a dividend?

    This is just a transfer of cash to the parent effectively.

    If there are no excess money, company can't give a wage hike unless rubber, tea prices go up.
    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by First Guy Sat Jul 11, 2015 2:10 pm

    sapumal wrote:
    First Guy wrote:
    sapumal wrote:Divident is not because company doing well. It is to stop possible wage hike

    Yes and no. How can they stop the wage hike by giving a dividend?

    This is just a transfer of cash to the parent effectively.

    If there are no excess money, company can't give a wage hike unless rubber, tea prices go up.

    If there is a wage hike, company is bound to pay whether it has money or not. That's one reason for losses as well.
    avatar
    Jana1
    Top contributor
    Top contributor


    Posts : 630
    Join date : 2014-02-23

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by Jana1 Sat Jul 11, 2015 3:32 pm

    @ Sapu,

    First guy is right. Wage hike has no impact. Effective way to transfer money to parent. I would't be surprised even share price after XD touches 30-35 in a year. The share price mainly hold at current price becz of this investment.
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by yellow knife Sat Jul 11, 2015 5:00 pm

    First Guy wrote:
    yellow knife wrote:
    guruji wrote:If  its  45   hypothetically  wt  will  happen  to  share  price

    Then current price + Rs 45 will be the market value

    I like to value a share by dividing EPS by 10% and DPS by 10% to arrive at my maximum affordable price for share

    Thus Kegalle EPS  9/.10=90

    If the dividend is 45/.10 =450

    but definitely it should be 4.50

    I now have a strong feeling that it is 45/- in fact otherwise it would have been corrected by now. Anyway don't use the above calculations for one-off dividends.

    Also, technically, price should not go up by 45/- It could go up to around 110-115/- level

    FG if this dividend is real as it seems now i would agree with you.. Actually net asset per share should come down after this dividend..So my calculation will not works as dividend is not paid out of earnings.. Something similarly happened with Watapota investment when they declared a massive dividend above EPS with the view to liquidate the company..

    However what still bothers me is now when you declare dividend you have to ensure solvency levels... if not there should be a special notice before issuing such a massive dividend..

    avatar
    poor boy
    Active Member
    Active Member


    Posts : 766
    Join date : 2014-10-09

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by poor boy Sat Jul 11, 2015 8:02 pm

    labour strike may be the reason. they are distributing retained earnings to reduce bargaining power of the labour unions, as I think

    මටමමය් මෙහෙම වෙන්නේ.කෙගල්ල ගොඩක් අවුරුදු ගානක් තියන් ඉඳලා ලගදී වික්කා.තව දාහක් විතරය තියෙන්නේ.වික්කා විතරය් රුපියල්ල් 45ය් .


    Last edited by poor boy on Sat Jul 11, 2015 8:05 pm; edited 1 time in total
    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by First Guy Sat Jul 11, 2015 8:03 pm

    yellow knife wrote:
    First Guy wrote:
    yellow knife wrote:
    guruji wrote:If  its  45   hypothetically  wt  will  happen  to  share  price

    Then current price + Rs 45 will be the market value

    I like to value a share by dividing EPS by 10% and DPS by 10% to arrive at my maximum affordable price for share

    Thus Kegalle EPS  9/.10=90

    If the dividend is 45/.10 =450

    but definitely it should be 4.50

    I now have a strong feeling that it is 45/- in fact otherwise it would have been corrected by now. Anyway don't use the above calculations for one-off dividends.

    Also, technically, price should not go up by 45/- It could go up to around 110-115/- level

    FG if this dividend is real as it seems now i would agree with you.. Actually net asset per share should come down after this dividend..So my calculation will not works as dividend is not paid out of earnings.. Something similarly happened with Watapota investment when they declared a massive dividend above EPS with the view to liquidate the company..

    However what still bothers me is now when you declare dividend you have to ensure solvency levels... if not there should be a special notice before issuing such a massive dividend..


    KGAL has close to 2.5b in short term investments. Maybe these are maturing and the company has nothing good to do with it. So dividend of 1.1b is less than half of it and would not be a problem. My be they will pay off some debt too.

    In addition it has 1b debentures (long term) and investment in AINS.

    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by First Guy Sat Jul 11, 2015 8:06 pm

    poor boy wrote:labour strike may be the treason. they are distributing retained earnings to reduce bargaining power of the labour unions.

    මටමමය් මෙහෙම වෙන්නේ.කෙගල්ල ගොඩක් අවුරුදු ගානක් තියන් ඉඳලා ලගදී වික්කා.තව දාහක් විතරය තියෙන්නේ.වික්කා විතරය් රුපියල්ල් 45ය් .

    A common misconception is that if a company has retained earnings, it can pay out dividends. No, to pay out dividends a company must have cash! In this case, it does.

    A company being cash rich is not a reason for employees to ask for a raise! The wage hike is the same for all companies whether they have money or not. Whether they are able to pay or not is a different story.

    But let's just wait till Monday just to confirm the 45/-


    Last edited by First Guy on Sat Jul 11, 2015 10:25 pm; edited 1 time in total
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by yellow knife Sat Jul 11, 2015 10:14 pm

    FG

    Will net asset value come down after declaring this Rs 45 dividend?
    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by First Guy Sat Jul 11, 2015 10:24 pm

    yellow knife wrote:FG

    Will net asset value come down after declaring this Rs 45 dividend?

    Of course. It will drop by 45/- to around 100/- depending on the June quarter results.

    Given the P/BV trading range of other plantations of 0.5-0.8x and giving consideration to the remaining financial assets of KGAL, we could see it trading around 55-65/- after the dividend depending on the June quarter results again.

    Leon
    Leon
    Top contributor
    Top contributor


    Posts : 1264
    Join date : 2014-03-11

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by Leon Sat Jul 11, 2015 11:02 pm

    Guys guys do you all think they are going to 45.00 as dividends?
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by yellow knife Sun Jul 12, 2015 9:45 am

    Leon

    We are expecting two nice announcements on 13th...MS and NAMUN... Lets wait patiently...
    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by First Guy Sun Jul 12, 2015 9:54 am

    YK, once KGAL announced this, I quickly checked NAMU.

    For 2013/14, KGAL gave 13.50/- while NAMU gave 10.50/-

    But NAMU does not have such short term assets to pay another big dividend. Some of the earlier "short term" assets are not listed as long term. Further, the parent has only 65% stake so highly unlikely for a large payout.
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by yellow knife Sun Jul 12, 2015 10:10 am

    Sorry ...Namun should be replaced by Kegalle...

    What i wanted to say is that MS and Kegalle will re correct their stance or not...on 13th

    Extremely sorry for the mistake... Namun will pay maximum Rs 2 as dividend and if the announcement that will be in august...
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by yellow knife Mon Jul 13, 2015 7:31 am

    Those who are interested in Kegalle now

    Please consider any announcements coming before 9.30 on Kegalle..

    If not Kegalle will fly

    Unless for trading purpose dont enter at high prices...
    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by First Guy Mon Jul 13, 2015 7:34 am

    Hope this is a fair warning

    [You must be registered and logged in to see this link.]
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by yellow knife Mon Jul 13, 2015 7:42 am

    Perfectly said FG

    Since net assets will come down its value has to come down after XD..

    Watapota Investment is a nice example .. Whey they declared a dividend out of Reserves and not from Earnings its price sky rocketed those days..

    But it fell down and adjusted later to real values...
    avatar
    poor boy
    Active Member
    Active Member


    Posts : 766
    Join date : 2014-10-09

    KGAL.N0000 (Kegalle Plantation PLC) - Page 2 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by poor boy Mon Jul 13, 2015 8:03 am

    last few days activities indicate the announcement is correct and some have acted on leaked information.

      Current date/time is Sat Jun 22, 2024 9:44 am