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 3 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 3 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 3 EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 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 3 EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 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 3 EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

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

» Do You Have Computer Vision Syndrome?
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 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 3 EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 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 3 EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 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 3 EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 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 3 EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
KGAL.N0000 (Kegalle Plantation PLC) - Page 3 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)

    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 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by කිත්සිරි ද සිල්වා Mon Jul 13, 2015 9:32 am

    Nothing new to CSE. Shocked
    poor boy wrote:last few days activities indicate the announcement is correct and some have acted on leaked information.
    Axe
    Axe


    Posts : 251
    Join date : 2014-02-23

    KGAL.N0000 (Kegalle Plantation PLC) - Page 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by Axe Mon Jul 13, 2015 10:33 am

    So this is True! Mr. Yaddehige wants a bottle plant it seems so Rich is pulling cash out from KGAL? Congrats to you all who got in last week! Smile
    Hawk Eye
    Hawk Eye


    Posts : 428
    Join date : 2014-03-11

    KGAL.N0000 (Kegalle Plantation PLC) - Page 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by Hawk Eye Mon Jul 13, 2015 10:37 am

    Hawk Eye wrote:Sudden interest in KGAL and AINS.

    I collected when it went down below 90... Patience proved my techniques right..and I sold it at 142.60.

    No leaked infos to me.. My hawk eye works better Very Happy

    cheers
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    KGAL.N0000 (Kegalle Plantation PLC) - Page 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by yellow knife Mon Jul 13, 2015 10:40 am

    So no announcement from Kegalle in the morning.. Dividend is real..

    But despite all warnings its price immediately adjusted with current price + dividend formula..

    Price has to come down at least by the same amount after dividend...

    FG rated this as attractive long ago.. collecting on such studies is worthy than buying after all announcements ...
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    KGAL.N0000 (Kegalle Plantation PLC) - Page 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by yellow knife Mon Jul 13, 2015 10:45 am

    Hawk Eye wrote:
    Hawk Eye wrote:Sudden interest in KGAL and AINS.

    I collected when it went down below 90... Patience proved my techniques right..and I sold it at 142.60.

    No leaked infos to me.. My hawk eye works better Very Happy

    cheers

    Very good Hak Eye

    Playing the game without inside info is the best.. I too have a small quantity below 90.. Being a long term player I will not sell and enjoy the dividend...
    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 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by කිත්සිරි ද සිල්වා Mon Jul 13, 2015 11:59 am

    Looks like GLAS will be in for a rude awakening soon.  Very Happy
    Indians have to pull their socks up soon.  Shocked
    godswen wrote:So this is True! Mr. Yaddehige wants a bottle plant it seems so Rich is pulling cash out from KGAL? Congrats to you all who got in last week! Smile
    chutiputha
    chutiputha
    Top contributor
    Top contributor


    Posts : 1948
    Join date : 2014-11-09
    Age : 38
    Location : SL

    KGAL.N0000 (Kegalle Plantation PLC) - Page 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by chutiputha Mon Jul 13, 2015 12:01 pm

    කිත්සිරි ද සිල්වා wrote:Looks like GLAS in for a rude awakening soon.  Very Happy
    Indians have to pull their socks up soon.  Shocked
    godswen wrote:So this is True! Mr. Yaddehige wants a bottle plant it seems so Rich is pulling cash out from KGAL? Congrats to you all who got in last week! Smile

    And I know this(GLAS) one of watched stock of Kith Ayya..Cool
    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22

    KGAL.N0000 (Kegalle Plantation PLC) - Page 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by First Guy Mon Jul 13, 2015 8:55 pm

    KGAL had money, thus it was quite attractive as I pointed out but the important thing was it was trading at a huge discount to the net assets. By purchasing KGAL you were effectively buying a lot of cash+equivalents in this case they were short term investments. The doubt was what they would do with it and it paid off now.

    But 145/- ? Too much for me and I disposed. For me, the financial assets was the selling point and although they still have some, I need to re-evaluate.

    Also it's not possible that retailers were mainly involved in the heavy trading today. Many would have sold off, but if the retailers have bought this at 145/-, may god bless them. (unless good times for rubber begins or some other news that we don't know)

    One could also say that the holders were lucky. If only we had realised the end game of RPC PM...
    avatar
    hariesha
    Top contributor
    Top contributor


    Posts : 1329
    Join date : 2014-04-09

    KGAL.N0000 (Kegalle Plantation PLC) - Page 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by hariesha Mon Jul 13, 2015 9:40 pm

    This dividend announcement gave the best ever chance to book profits/shed a share in CSE. 

    All of a sudden holders got the chance to exit with a 50% gain for those collected @ lower prices or unexpected price for those who bough at peak prices.

    Most of the holders booked profits for surely!
    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22

    KGAL.N0000 (Kegalle Plantation PLC) - Page 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by First Guy Mon Jul 13, 2015 9:46 pm

    hariesha wrote:This dividend announcement gave the best ever chance to book profits/shed a share in CSE. 

    All of a sudden holders got the chance to exit with a 50% gain for those collected @ lower prices or unexpected price for those who bough at peak prices.

    Most of the holders booked profits for surely!

    which also means a lot would have got sucked in. Do you think the parent would have bought more? I think no. They waited till they hit 80% for this moment.
    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22

    KGAL.N0000 (Kegalle Plantation PLC) - Page 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by First Guy Tue Jul 14, 2015 7:12 am

    As per the latest report KGAL had a net asset value of 144/- out of which Net financial assets (NFinA)(Debentures + Long term investment + Short term Investment + Cash - debt) were 58/- while others were 86/- which included timber stocks.

    As per that, if we valued NFinA at 1x BV, then the market valued the rest of the business at 0.3x - cheap I would say. But KGAL would not have made a profit last quarter without the financial assets and tax refund.

    After the dividend payment NFinA would comes to 13.32/-. If we maintain the same valuations (separately for NFinA and other assets), KGAL should trade at 40/- but since this is not enough if we assume 0.6x (average for plantations) it should be 65/-; 85/- at 0.8x (there are few trading at this range) and 99/- at 1x.

    Last year KGAL reported 140m profits from associates. Most of these would be from the finance company (my guess) as finance companies were doing well. AINS is also in the books at a lower cost. Market value is around 100m now. The total return is good but even investment companies are trading below book value so we have to consider that. But current price before dividend probably considers the most optimistic scenario. Holders would get 40.50/- net of tax, correct?

    So looking at these, for me a fair value would be in the range of 70-85/- Earlier I thought it would come down to 65/- range after the dividend.

    (This is not a recommendation; just a view based on what I see)
    avatar
    serene
    Top contributor
    Top contributor


    Posts : 4850
    Join date : 2014-02-26

    KGAL.N0000 (Kegalle Plantation PLC) - Page 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by serene Tue Jul 14, 2015 8:21 am

    Thanks 1st G for continous assessment on KGAL.
    Valuble.
    avatar
    Lalinda


    Posts : 69
    Join date : 2015-02-16

    KGAL.N0000 (Kegalle Plantation PLC) - Page 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by Lalinda Tue Jul 14, 2015 8:44 am

    Yeah. Really good for novies. Otherwise get caught in these @ higher levels.
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    KGAL.N0000 (Kegalle Plantation PLC) - Page 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by yellow knife Tue Jul 14, 2015 8:51 am

    Appreciate the analysis FG
    Hawk Eye
    Hawk Eye


    Posts : 428
    Join date : 2014-03-11

    KGAL.N0000 (Kegalle Plantation PLC) - Page 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by Hawk Eye Wed Jul 15, 2015 10:19 am

    Here we go. AINS

    Nothing much yet on performance..But not much quantity in market
    chutiputha
    chutiputha
    Top contributor
    Top contributor


    Posts : 1948
    Join date : 2014-11-09
    Age : 38
    Location : SL

    KGAL.N0000 (Kegalle Plantation PLC) - Page 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by chutiputha Wed Jul 15, 2015 10:22 am

    Yah FG,Nice Work,Well Done..
    avatar
    Gaudente


    Posts : 25
    Join date : 2014-07-21

    KGAL.N0000 (Kegalle Plantation PLC) - Page 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by Gaudente Wed Jul 15, 2015 3:22 pm

    I agree with First Guy's analysis and sold my shares today at 138 , I think the counter is fully valued already with no upside left.
    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22

    KGAL.N0000 (Kegalle Plantation PLC) - Page 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by First Guy Fri Jul 17, 2015 7:52 am

    Thanks Gaudente. In fact I feel it's now in the over-valued region so I too exited above 140/- when I had the chance.

    My assumption is that there is nothing more to happen. In the past we have seen companies giving dividends and immediately going for rights etc.,

    Price is sliding slowly maybe because those who bought at the top are reluctant to sell at a loss but some do when the reality sinks in. I'm not following the order book though.

    If short selling was allowed. This would have been a target for me Smile
    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22

    KGAL.N0000 (Kegalle Plantation PLC) - Page 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by First Guy Mon Jul 20, 2015 9:26 pm

    KGAL will trade XD tomorrow which means if you buy tomorrow you will not be entitled to the dividend.

    Some may try to sell this to you with many stories so be careful.

    What price do you think it will trade tomorrow? Before accounting for the June results, KGAL's NAV would be down to 100/- now.
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    KGAL.N0000 (Kegalle Plantation PLC) - Page 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by yellow knife Tue Jul 21, 2015 8:25 am

    Thanx FG

    Your duty performance as Admin and guardian of retailers is excellent...
    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22

    KGAL.N0000 (Kegalle Plantation PLC) - Page 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by First Guy Tue Jul 21, 2015 8:22 pm

    Thanks YK Smile

    Warning investors was something that slstock did in great lengths in addition to his deep insights. Deeply missed.

    Today KGAL opened above 100/- (max at that time) and dropped as expected. Funny thing is now it's trading at pre-dividend prices even with a reduction of 45/- in NAV although earlier it was undervalued in my books.

    There are many stories making rounds, with current situation I don't see much upward potential unless there is some solid news.
    chutiputha
    chutiputha
    Top contributor
    Top contributor


    Posts : 1948
    Join date : 2014-11-09
    Age : 38
    Location : SL

    KGAL.N0000 (Kegalle Plantation PLC) - Page 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by chutiputha Tue Jul 21, 2015 8:26 pm

    Thank U FG,Ur effort is really appreciate.. Smile ++
    Leon
    Leon
    Top contributor
    Top contributor


    Posts : 1264
    Join date : 2014-03-11

    KGAL.N0000 (Kegalle Plantation PLC) - Page 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by Leon Wed Jul 22, 2015 5:18 am

    Credit should go to FG. He handled KEAG almost single handedlly kept us informed.
    avatar
    serene
    Top contributor
    Top contributor


    Posts : 4850
    Join date : 2014-02-26

    KGAL.N0000 (Kegalle Plantation PLC) - Page 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by serene Wed Jul 22, 2015 7:53 am

    First Guy wrote:Thanks YK Smile

    Warning investors was something that slstock did in great lengths in addition to his deep insights. Deeply missed.

    Today KGAL opened above 100/- (max at that time) and dropped as expected. Funny thing is now it's trading at pre-dividend prices even with a reduction of 45/- in NAV although earlier it was undervalued in my books.

    There are many stories making rounds, with current situation I don't see much upward potential unless there is some solid news.

    The Exact thing SLS wanted from us.
    Hats off to FG.
    Keep up the good work. Cool
    CubedSol
    CubedSol


    Posts : 107
    Join date : 2016-02-06
    Age : 36

    KGAL.N0000 (Kegalle Plantation PLC) - Page 3 Empty Re: KGAL.N0000 (Kegalle Plantation PLC)

    Post by CubedSol Sun Feb 28, 2016 1:01 am

    Ok. It seems KGAL has maintained/built up a short term investment portfolio of around 1Bn and NAVPS is around 9X/-

    And the parent's holding is STILL almost 80%.

    Care to do another analysis ? Wink

      Current date/time is Sat Jun 22, 2024 8:05 am