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.
Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting
Search
Display results as :
Advanced Search
Latest topics
CSE NEWS+ 2022Thu May 26, 2022 5:40 pmruwan326
Will CSE close for long period?Mon Apr 18, 2022 11:52 amHUNTER
Margin Trading Facility Fri Feb 18, 2022 12:02 pmpjrngroup
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

Go down
avatar
yellow knife
Top contributor
Top contributor
Posts : 6956
Join date : 2014-03-27

HOPL.N0000 ( Horana Plantations PLC) Empty HOPL.N0000 ( Horana Plantations PLC)

Mon Jul 06, 2015 3:31 pm
Message reputation : 100% (5 votes)
Horana Plantation Plc is a company where 51% of it belongs to Vallibel Plantation Management Ltd.

Tea and Rubber are the main crops of this company. At present 107.53 Hectares belong to Oil Palm and by 2018 that will be 500 hectares.

Namunukula Plantation posses an extent of 1931 hectares of Oil Palm and that is 28% of the total Oil Palm cultivated in Sri Lanka.


Last edited by yellow knife on Tue Jul 07, 2015 7:33 am; edited 2 times in total (Reason for editing : to start another thread with the same name)
avatar
yellow knife
Top contributor
Top contributor
Posts : 6956
Join date : 2014-03-27

HOPL.N0000 ( Horana Plantations PLC) Empty Re: HOPL.N0000 ( Horana Plantations PLC)

Mon Jul 06, 2015 3:34 pm
Revenue of the company stand equal to Namunukula Plantation but net profit stays about 50% of Namun as tea and rubber are the main income sources of Horana Plantation..


2015201420132012201120102009200820072006
Revenue2,164,8592,269,0922,220,2252,068,9332,079,7201,781,1251,388,6871,630,7401,314,6541,184,290
Gross Profit141,576271,161369,330209,955464,708204,345147,338271,010250,276196,463
Comprehensive Income 76,68570,786224,26687,320329,59894,56855,231151,980153,948105,238
avatar
yellow knife
Top contributor
Top contributor
Posts : 6956
Join date : 2014-03-27

HOPL.N0000 ( Horana Plantations PLC) Empty Re: HOPL.N0000 ( Horana Plantations PLC)

Mon Jul 06, 2015 3:35 pm
[You must be registered and logged in to see this image.]
avatar
yellow knife
Top contributor
Top contributor
Posts : 6956
Join date : 2014-03-27

HOPL.N0000 ( Horana Plantations PLC) Empty Re: HOPL.N0000 ( Horana Plantations PLC)

Mon Jul 06, 2015 3:39 pm
2011 was the best performing year for Horana Plantation and when rubber price went up Kegalle recorded the best performance in the same year

[You must be registered and logged in to see this image.]
avatar
yellow knife
Top contributor
Top contributor
Posts : 6956
Join date : 2014-03-27

HOPL.N0000 ( Horana Plantations PLC) Empty Re: HOPL.N0000 ( Horana Plantations PLC)

Mon Jul 06, 2015 3:42 pm
2011 performance was represented in Market Price of the share and long term players have to avoid such best performing years when the performance deviates from the normal pattern..

[You must be registered and logged in to see this image.]
avatar
yellow knife
Top contributor
Top contributor
Posts : 6956
Join date : 2014-03-27

HOPL.N0000 ( Horana Plantations PLC) Empty Re: HOPL.N0000 ( Horana Plantations PLC)

Mon Jul 06, 2015 3:44 pm
Like many plantation companies Horana Plantation Plc also declare dividends based on their earnings.

[You must be registered and logged in to see this image.]
avatar
yellow knife
Top contributor
Top contributor
Posts : 6956
Join date : 2014-03-27

HOPL.N0000 ( Horana Plantations PLC) Empty Re: HOPL.N0000 ( Horana Plantations PLC)

Mon Jul 06, 2015 3:48 pm
Net Assets Per share was also moving in a steady growth pattern and it makes this company's share price to move in a steady but slow upward trend.

If you can avoid bubbles created like in 2011 Horana is a good selection for long term investors..

[You must be registered and logged in to see this image.]
avatar
yellow knife
Top contributor
Top contributor
Posts : 6956
Join date : 2014-03-27

HOPL.N0000 ( Horana Plantations PLC) Empty Re: HOPL.N0000 ( Horana Plantations PLC)

Mon Jul 06, 2015 3:50 pm
Debt to equity levels are also not threatening to the ability to declared dividends..

[You must be registered and logged in to see this image.]
pathfinder
pathfinder
Top contributor
Top contributor
Posts : 1450
Join date : 2014-02-23

HOPL.N0000 ( Horana Plantations PLC) Empty Re: HOPL.N0000 ( Horana Plantations PLC)

Mon Jul 06, 2015 9:06 pm
Very informative YK thanks,
let me suggest a thing.It's good if all info arranged in a one post.I found it's easy to read.
avatar
yellow knife
Top contributor
Top contributor
Posts : 6956
Join date : 2014-03-27

HOPL.N0000 ( Horana Plantations PLC) Empty Re: HOPL.N0000 ( Horana Plantations PLC)

Tue Jul 07, 2015 7:27 am
I too now find it difficult to find these company based analysis of mine as they are scattered here and there under market chat..

I wonder wether they should be located under industry analysis of FG
avatar
Admin
Admin
Posts : 565
Join date : 2014-02-22
http://investorsentiment.forumotion.net

HOPL.N0000 ( Horana Plantations PLC) Empty Re: HOPL.N0000 ( Horana Plantations PLC)

Tue Jul 07, 2015 7:30 am
YK. Do keep the links of the thread saved. We can organize them soon.

If the ticker is 4 characters, it will come up in search. So name the titles XYZ.N0000 (XYZ PLC)
avatar
yellow knife
Top contributor
Top contributor
Posts : 6956
Join date : 2014-03-27

HOPL.N0000 ( Horana Plantations PLC) Empty Re: HOPL.N0000 ( Horana Plantations PLC)

Tue Jul 07, 2015 7:32 am
Thanx... I will do that...

that will be really beneficial for me to re-refer
avatar
Jana1
Top contributor
Top contributor
Posts : 630
Join date : 2014-02-23

HOPL.N0000 ( Horana Plantations PLC) Empty Re: HOPL.N0000 ( Horana Plantations PLC)

Tue Jul 07, 2015 9:01 am
Goodone YK, Don't you think KGAL is the best plantation company in the mkt? I remeber FG analysis of ELPL, which is also good. Since this is long term, I believe KGAL would give better return...
avatar
yellow knife
Top contributor
Top contributor
Posts : 6956
Join date : 2014-03-27

HOPL.N0000 ( Horana Plantations PLC) Empty Re: HOPL.N0000 ( Horana Plantations PLC)

Tue Jul 07, 2015 2:37 pm
Jana

What is the best Plantation company is a qualitative question where the answer will be subjective to the way we evaluate ...

Kahawatta is good but for me I dont accumulate the shares of companies that dont pay dividends..

For me TPL is good..
Namun is well balanced
Kegalle will boost when natural price shoot up..
HOPL is fairly ok
Hpau is not my selection so is Maskeliya due to lack of dividends..

If you are not a dividend hunter Kahawatta is ok...

I like to evaluate few more plantation companies then to evaluate the industry as a whole..
avatar
yellow knife
Top contributor
Top contributor
Posts : 6956
Join date : 2014-03-27

HOPL.N0000 ( Horana Plantations PLC) Empty Re: HOPL.N0000 ( Horana Plantations PLC)

Tue Jul 07, 2015 2:45 pm
FG seems to be correct

Kegalle was performing above average in the plantation EPS for many years , even though TPL is leading now as  rubber price is low..

[You must be registered and logged in to see this image.]
avatar
yellow knife
Top contributor
Top contributor
Posts : 6956
Join date : 2014-03-27

HOPL.N0000 ( Horana Plantations PLC) Empty Re: HOPL.N0000 ( Horana Plantations PLC)

Tue Jul 07, 2015 2:52 pm
Message reputation : 100% (1 vote)
However if you compare Plantation sector with other industries you will find Plantation revenue is some what stagnant..

The underlying factor is SL total production of Tea is rather stagnant..

As I have mentioned earlier the Revenue of Plantation sector is beyond its control..

(Revenue= Quantity*Price)

But in other industries where both Q and P is within the control of a company the growth is depending on the efficiency of the management..

Just have a look at following graph..That include best food and beverage company, manufacturing company and a finance company against entire plantation sector..

[You must be registered and logged in to see this image.]
avatar
yellow knife
Top contributor
Top contributor
Posts : 6956
Join date : 2014-03-27

HOPL.N0000 ( Horana Plantations PLC) Empty Re: HOPL.N0000 ( Horana Plantations PLC)

Tue Jul 07, 2015 2:53 pm
Another graphical presentation of the same data

[You must be registered and logged in to see this image.]
avatar
yellow knife
Top contributor
Top contributor
Posts : 6956
Join date : 2014-03-27

HOPL.N0000 ( Horana Plantations PLC) Empty Re: HOPL.N0000 ( Horana Plantations PLC)

Tue Jul 07, 2015 3:11 pm
Message reputation : 100% (1 vote)
Now if you identify that plantations are not following the growth momentum of other companies , why should investors buy plantations including me?

[You must be registered and logged in to see this image.]
avatar
yellow knife
Top contributor
Top contributor
Posts : 6956
Join date : 2014-03-27

HOPL.N0000 ( Horana Plantations PLC) Empty Re: HOPL.N0000 ( Horana Plantations PLC)

Tue Jul 07, 2015 3:15 pm
Message reputation : 100% (1 vote)
Companies where growth is low but enjoy high market share , are Cash Cows..They generated good dividends..

Having such cash cows in your portfolio gives you cash inflows to be utilized wisely..
avatar
yellow knife
Top contributor
Top contributor
Posts : 6956
Join date : 2014-03-27

HOPL.N0000 ( Horana Plantations PLC) Empty Re: HOPL.N0000 ( Horana Plantations PLC)

Tue Aug 15, 2017 6:04 pm
                2017

Even though plantation sector could recover by the latter part of 2016, not all companies of the industry could perform as usual. HOPL is a company miserably missed the gains .

[You must be registered and logged in to see this image.]
avatar
yellow knife
Top contributor
Top contributor
Posts : 6956
Join date : 2014-03-27

HOPL.N0000 ( Horana Plantations PLC) Empty Re: HOPL.N0000 ( Horana Plantations PLC)

Tue Aug 15, 2017 6:05 pm
Company failed to recover enough to end on a positive note.


[You must be registered and logged in to see this image.]
avatar
yellow knife
Top contributor
Top contributor
Posts : 6956
Join date : 2014-03-27

HOPL.N0000 ( Horana Plantations PLC) Empty Re: HOPL.N0000 ( Horana Plantations PLC)

Tue Aug 15, 2017 6:06 pm
Market value was fairly stagnant...


[You must be registered and logged in to see this image.]
avatar
yellow knife
Top contributor
Top contributor
Posts : 6956
Join date : 2014-03-27

HOPL.N0000 ( Horana Plantations PLC) Empty Re: HOPL.N0000 ( Horana Plantations PLC)

Tue Aug 15, 2017 6:07 pm
Company failed to declare dividends on two consecutive years. Bad weather can be one culprit.

[You must be registered and logged in to see this image.]
avatar
yellow knife
Top contributor
Top contributor
Posts : 6956
Join date : 2014-03-27

HOPL.N0000 ( Horana Plantations PLC) Empty Re: HOPL.N0000 ( Horana Plantations PLC)

Tue Aug 15, 2017 6:07 pm
Net assets situation


[You must be registered and logged in to see this image.]
avatar
yellow knife
Top contributor
Top contributor
Posts : 6956
Join date : 2014-03-27

HOPL.N0000 ( Horana Plantations PLC) Empty Re: HOPL.N0000 ( Horana Plantations PLC)

Tue Aug 15, 2017 6:08 pm
When earnings are not upto the expected level amidst of rising labour cost, its natural to get into higher debts..


[You must be registered and logged in to see this image.]
Back to top
Permissions in this forum:
You cannot reply to topics in this forum