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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

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Latest topics

» CCS.N0000 ( Ceylon Cold Stores)
ELPL.N0000 (Elpitiya Plantations PLC) EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
ELPL.N0000 (Elpitiya Plantations PLC) EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
ELPL.N0000 (Elpitiya Plantations PLC) EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
ELPL.N0000 (Elpitiya Plantations PLC) EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
ELPL.N0000 (Elpitiya Plantations PLC) EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
ELPL.N0000 (Elpitiya Plantations PLC) EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
ELPL.N0000 (Elpitiya Plantations PLC) 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
ELPL.N0000 (Elpitiya Plantations PLC) EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
ELPL.N0000 (Elpitiya Plantations PLC) EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
ELPL.N0000 (Elpitiya Plantations PLC) EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
ELPL.N0000 (Elpitiya Plantations PLC) EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
ELPL.N0000 (Elpitiya Plantations PLC) EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
ELPL.N0000 (Elpitiya Plantations PLC) EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
ELPL.N0000 (Elpitiya Plantations PLC) EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
ELPL.N0000 (Elpitiya Plantations PLC) EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
ELPL.N0000 (Elpitiya Plantations PLC) EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
ELPL.N0000 (Elpitiya Plantations PLC) EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
ELPL.N0000 (Elpitiya Plantations PLC) EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
ELPL.N0000 (Elpitiya Plantations PLC) EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
ELPL.N0000 (Elpitiya Plantations PLC) EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
ELPL.N0000 (Elpitiya Plantations PLC) EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
ELPL.N0000 (Elpitiya Plantations PLC) EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
ELPL.N0000 (Elpitiya Plantations PLC) EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
ELPL.N0000 (Elpitiya Plantations PLC) EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
ELPL.N0000 (Elpitiya Plantations PLC) EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
ELPL.N0000 (Elpitiya Plantations PLC) EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
ELPL.N0000 (Elpitiya Plantations PLC) EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
ELPL.N0000 (Elpitiya Plantations PLC) EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
ELPL.N0000 (Elpitiya Plantations PLC) EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
ELPL.N0000 (Elpitiya Plantations PLC) EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
ELPL.N0000 (Elpitiya Plantations PLC) EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
ELPL.N0000 (Elpitiya Plantations PLC) EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
ELPL.N0000 (Elpitiya Plantations PLC) EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
ELPL.N0000 (Elpitiya Plantations PLC) EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
ELPL.N0000 (Elpitiya Plantations PLC) EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
ELPL.N0000 (Elpitiya Plantations PLC) EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
ELPL.N0000 (Elpitiya Plantations PLC) EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
ELPL.N0000 (Elpitiya Plantations PLC) EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
ELPL.N0000 (Elpitiya Plantations PLC) EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
ELPL.N0000 (Elpitiya Plantations PLC) EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
ELPL.N0000 (Elpitiya Plantations PLC) EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
ELPL.N0000 (Elpitiya Plantations PLC) EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
ELPL.N0000 (Elpitiya Plantations PLC) EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
ELPL.N0000 (Elpitiya Plantations PLC) EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
ELPL.N0000 (Elpitiya Plantations PLC) EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
ELPL.N0000 (Elpitiya Plantations PLC) EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
ELPL.N0000 (Elpitiya Plantations PLC) EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
ELPL.N0000 (Elpitiya Plantations PLC) EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
ELPL.N0000 (Elpitiya Plantations PLC) EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
ELPL.N0000 (Elpitiya Plantations PLC) EmptyThu Oct 06, 2022 11:26 am by කිත්සිරි ද සිල්වා

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    ELPL.N0000 (Elpitiya Plantations PLC)

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    Post by yellow knife Mon Sep 07, 2015 4:42 pm

    Elpitiya Plantations belong to Aitken Spence Plantations Management PLC (61.64%) and Aitken Spence Plantations Management PLC is one on the most illiquid company listed.

    Company is developing six pillars of revenue namely tea, rubber, Palm Oil, Hydro Power, Tea exports and commercial forestry.

    Company strategically thinking to break loose from commodity trap and place the company on a platform that does not depend on weather and fluctuating commodity prices and hence diversify the operations.

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    Post by yellow knife Mon Sep 07, 2015 4:43 pm

    Revenue of the company is almost in the same line with other  plantations and moving with the herd.

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    Post by yellow knife Mon Sep 07, 2015 4:47 pm

    EPS in comparison with other plantation companies

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    Post by yellow knife Mon Sep 07, 2015 4:49 pm

    EPS of the company was maintained at 4 for 2015 but its ability to maintain the same for next year will be challenging as seen across the industry.

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    Post by yellow knife Mon Sep 07, 2015 4:50 pm

    PE ratio was continuously at a low level

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    Post by yellow knife Mon Sep 07, 2015 4:51 pm

    Dividend per share is not yet broken Rs 1.00 mark and as per first quarter report released its difficult to believe that barrier will be broken in next year.

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    Post by yellow knife Mon Sep 07, 2015 4:53 pm

    Sometimes you find Nonsense relationships among two variables..

    Market value and net assets per share normally move hand in hand but this is an exceptional behaviour

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    Post by yellow knife Mon Sep 07, 2015 4:58 pm

    Noteworthy achievements during 2014/15. Palm Oil , low country ta and tea in the Pussellawa regions recorded remarkable results.

    New Peacock Estate in Pussllawa achieved the highest ever yield of 3008 kg/ha  in Sri Lanka in the large estate category .
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    Post by yellow knife Mon Sep 07, 2015 5:02 pm

    Hydro Power project has contributed 4,460 KW to the grid. Four more hydro-power projects in the pipeline . Other renewable energy generations sources are also under study including Wind, Solar, Biogas and currently initiated discussions for  a biogas generation project with a company which will be powered with POMPE ( Palm Oil Mill Effluent).
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    Post by yellow knife Mon Sep 07, 2015 5:03 pm

    Eco Tourism is in the demand and many plantation companies are considering the possibility. ELPL is also considering that and Agar Wood to add revenue in future.
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    Post by yellow knife Mon Sep 07, 2015 5:09 pm

    When challenge faced by all estates is shrinking work force. ELPL states that they are considering steps to mechanize the estate operations.

    However i like to quote following

    The fruits in oil palm bunches ripen unevenly  and have to be surgically  cut out at least every ten days to avoid rotting  and pest infestation. Engineers have never been able to mechanize the task and the work can only be done by hand. (54. How Asia Works)

    Further elevation level of our tea estates make it difficult to mechanize the pruning process
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    Post by yellow knife Mon Sep 07, 2015 5:13 pm

    I am a believer of subsidizing agriculture and following is quoted from p.4 of ELPL annual report 2015

    We are grateful to the Government for continuing the fertilizer subsidy. the record yields we have achieved in our plantations without doubt is due to this support from the government and this has helped all stake holders to reap its benefits.
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    Post by Defender Mon Sep 07, 2015 5:36 pm

    Cool! Easily digestable Data! thanks a lot.
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    Post by slstock Mon Sep 07, 2015 5:43 pm

    This trend started in plantation sector as their cost of production was increasing for tea,rubber while market prices were not increasing proportionately /sufficiently ( actually it even dropped in rubber) .



    yellow knife wrote:Sometimes you find Nonsense relationships among two variables..

    Market value and net assets per share normally move hand in hand but this is an exceptional behaviour

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    Post by pathfinder Mon Sep 07, 2015 6:26 pm

    Thanks YK + Very Happy
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    Post by serene Mon Sep 07, 2015 7:43 pm

    Thanks YK.
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    Post by Nuinth Mon Sep 07, 2015 10:02 pm

    Thx YK. Good job +.
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    Post by yellow knife Fri Sep 09, 2016 1:29 pm

    2015/16

    2015/16 was not a good year for Plantation sector.

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    Post by yellow knife Fri Sep 09, 2016 1:30 pm

    EPS fell down substantially with commodity price drop.

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    Post by yellow knife Fri Sep 09, 2016 1:31 pm

    Having a lower PE ratio does not always mean the share is attractive as future income is the important factor.

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    Post by yellow knife Fri Sep 09, 2016 1:32 pm

    Not all plantations can pay dividends..

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    Post by yellow knife Fri Sep 09, 2016 1:33 pm

    Net Assets and Market share move in opposite directions in plantation sector.

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    Post by yellow knife Fri Sep 09, 2016 1:36 pm

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    ELPL.N0000 (Elpitiya Plantations PLC) Empty Re: ELPL.N0000 (Elpitiya Plantations PLC)

    Post by yellow knife Fri Sep 01, 2017 9:02 am

    2017

    ELPL  can be proud of the year ended and following grid is proudly presented in their annual report.


    Descritpion20172016Increase %
    Turnover3,009,791.002,444,426.0023
    Gross Profit607,401.00175,312.00246
    PAT463,289.00219,812.00111
    Income Tax Expense-43,452.00-24,270.0079
    Current Assets639,454.00480,868.0033
    Shareholders Funds3,912,787.003,393,732.0015
    EPS5.772.69114
    Dividends1.000.50100
    Net Assets P/S53.7046.5715
    ROE15.218.4181
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    ELPL.N0000 (Elpitiya Plantations PLC) Empty Re: ELPL.N0000 (Elpitiya Plantations PLC)

    Post by yellow knife Fri Sep 01, 2017 9:04 am

    Revenue of ELPL as well as its PAT has reversed the downward trend experience for some time.

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