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

» CIFC Dumps to Expand Your Possibilities to Pass Your Exam
Plantation Sector Updates EmptyFri Jul 19, 2024 10:30 am by faithhharris

» CCS.N0000 ( Ceylon Cold Stores)
Plantation Sector Updates EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Plantation Sector Updates EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Plantation Sector Updates EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Plantation Sector Updates EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Plantation Sector Updates EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Plantation Sector Updates EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Plantation Sector Updates 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
Plantation Sector Updates EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Plantation Sector Updates EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Plantation Sector Updates EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Plantation Sector Updates EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Plantation Sector Updates EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

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

» Equinox ( වසන්ත විෂුවය ) !
Plantation Sector Updates EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

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

» REXP.N0000 (Richard Pieris Exports PLC)
Plantation Sector Updates EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

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

» Do You Have Computer Vision Syndrome?
Plantation Sector Updates EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Plantation Sector Updates EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Plantation Sector Updates EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Plantation Sector Updates EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Plantation Sector Updates EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Plantation Sector Updates EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Plantation Sector Updates EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Plantation Sector Updates EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Plantation Sector Updates EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Plantation Sector Updates EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Plantation Sector Updates EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Plantation Sector Updates EmptyFri Mar 10, 2023 10:38 am by yellow knife

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

» Bakery Products ?
Plantation Sector Updates EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Plantation Sector Updates EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Plantation Sector Updates EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Plantation Sector Updates EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Plantation Sector Updates EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Plantation Sector Updates EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Plantation Sector Updates EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Plantation Sector Updates EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Plantation Sector Updates EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Plantation Sector Updates EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Plantation Sector Updates EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Plantation Sector Updates EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Plantation Sector Updates EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Plantation Sector Updates EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Plantation Sector Updates EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Plantation Sector Updates EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Plantation Sector Updates EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Plantation Sector Updates EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Plantation Sector Updates EmptyTue Oct 11, 2022 9:07 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
shalika.56
serene
dhanurrox
Brave Heart
spw19721
nihal123
Ethical Trader
lanka
Monster
Senarath67
mymoney
smallville
jiggysaurus
CK
Future123
The Invisible
Backstage
Hawk Eye
slstock
tharindufit
chutiputha
poor boy
කිත්සිරි ද සිල්වා
xmart
yellow knife
29 posters

    Plantation Sector Updates

    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    Plantation Sector Updates Empty Plantation Sector Updates

    Post by yellow knife Wed Oct 07, 2015 8:31 am

    අමු තේ කිලෝව පහනහටක් වඩා බහී.. කර්මාන්තය හාන්සියි..

    October 7, 2015 at 8:02 am | lanka C news

    [You must be registered and logged in to see this image.]
    මෙරට තේ කර්මාන්තය දැවැන්ත ලෙස කඩා වැටීමකට ලක්ව ඇති බවත් ඉදිරියේදි අමු තේ දළු කිලෝවක් රුපියල් පනහකටත් වඩා අඩු මිලකට වැටිය හැකි බවත් තේ කර්මාන්තශාලා හිමියෝ පවසති.
    මෙනිසා කර්මාන්තය අශ‍්‍රිතව රැකියා කරන්නන් මිලියනයක් පමණ ප‍්‍රමාණයක් දැඩි අවධානමකට ලක්ව ඇති බවද ඔවුහු කියා සිටිති.
    දැනට මාස දෙක තුනකට පෙර රුපියල්  හැත්තෑවත් අසූවත් අතර මිලක් ගෙවූ කර්මාන්තශාලා පසුගිය මාසයේ රුපියල් පනහත් හැටත් අතර අඩු මිලක් ගෙවූ බව ද පවසන කුඩා තේ වතු හිමියෝ ලබන මාසය වන විට මෙම මිල ගණන් තවත් පහළ යනු ඇතැයිද කියා සිටිති.
    xmart
    xmart
    Top contributor
    Top contributor


    Posts : 732
    Join date : 2015-01-17

    Plantation Sector Updates Empty Re: Plantation Sector Updates

    Post by xmart Thu Oct 15, 2015 9:32 pm

    thanks YK+

    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    Plantation Sector Updates Empty Re: Plantation Sector Updates

    Post by yellow knife Thu Oct 29, 2015 12:39 pm

    තේ කිලෝව 45-50යි.. බාල සහන පොහොර නිසා අක්කරයෙන් කිලෝ 300යි..

    October 29, 2015 at 12:40 pm | lanka C news

    [You must be registered and logged in to see this image.]
    තේ වතු හිමියන්ට ලබාදෙන සහනාධාර පොහොර ප‍්‍රමිතියෙන් තොර වීම නිසා තේ අක්කරයකින් නෙළන දලූ ප‍්‍රමාණය කිලෝ තුන්සියයක් තරම් පහළට ඇද වැටී ඇත.
    වතු හිමියෝ පවසන්නේ හොද තත්වයේ පොහොර යොදා අක්කරයකින් කිලෝ අටසියයක් පමණ නෙළිය හැකි වූ අමු තේ දලූ බාල තත්වයේ සහනාධාර පොහොර නිසා කිලෝ තුන්සියයට පමණ පහත වැටී ඇති බවයි.
    රුපියල් අසූවක් අමු තේ දලූ කිලෝවතට ගෙවන්නේ යයි පොරොන්දු වූවත් දැන් අමු තේ දලූ කිලෝවකට ලැබෙන්නේ රුපියල් 45-50ත් අතර මුදලක් යයිද කියා සිටිති
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    Plantation Sector Updates Empty Re: Plantation Sector Updates

    Post by yellow knife Wed Nov 04, 2015 8:03 am

    Thai Cabinet approves $ 365 Million of support for rubber farmers

    Measures aim to help rubber farmers

    Payments expected to begin in December

    Subsidy rate of 1,500 baht exceeds demand for 1,250 bhat

                   4th Nov 2015
                        Daily FT 9
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    Plantation Sector Updates Empty Re: Plantation Sector Updates

    Post by yellow knife Wed Nov 04, 2015 9:02 am

    තේ ගස් උගුල්ලා විසි කරනවා.. – තේ වතු හිමියෝ විරෝධතා

    November 4, 2015 at 8:02 am | lanka C news

    [You must be registered and logged in to see this image.]
    තව දුරටත් තේ වගවේ නිරත වී පලක් නැති බවත් දැන් ඇත්තේ තේ ගස් උගුල්ලා පාරට දැමීම බවත් පවසමින් කුඩා තේ වතු හිමියන් පිරිසක් ඊයේ දිනයේ දෙනියාය නගරයේ උද්ඝෝෂණයක නිරත වූහ.
    විරෝධතාකරුවන් කියා සිටියේ අද වන විට අමු තේ දළු කිලෝවක් රුපියල් 50කටද වඩා අඩු වී ඇති බවත් ඉන් රුපියල් 20ක් දළු නෙලන කුලිය ගෙවූ පසු වගාව නඩත්තුවට මෙන්න තම දරු පවුත් නඩුත්තුවටද ඉතිරි වන්නේ රුපියල් 30කටද අඩු මුදලක් බවයි
    කිත්සිරි ද සිල්වා
    කිත්සිරි ද සිල්වා
    Top contributor
    Top contributor


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

    Plantation Sector Updates Empty Re: Plantation Sector Updates

    Post by කිත්සිරි ද සිල්වා Wed Nov 04, 2015 9:30 am

    How about turning those lose making tea lands to grow Cassava?

    Beyond Barley: Cassava Beer Creating a Buzz in the Market

    In Mozambique's bars and street stalls, the tipple of choice nowadays is a cold "Impala" - a beer made from cassava rather than barley that is fast capturing a valuable slice of the African market. Cassava, also known as manioc or yuca, is a root vegetable grown across sub-Saharan Africa as a staple crop, and has long been used to make home-brewed beer. But in 2011 Impala became the world's first commercially made cassava beer when it was launched by SABMiller through local subsidiary Cervejas de Mocambique (CDM).

    "As long as it is ice cold, it is better," Dercio Machava told AFP at a backstreet stall on the outskirts of the capital Maputo, adding that its alcohol content of 6.5 percent was "a bit higher than other beers".

    "My customers say it is good. Some days, it is the beer I sell the most," said stall-owner Dona Cecilia.
    Described by its maker as a pale lager with a "rich body and taste", the beer started as an experiment to find a locally brewed product that avoided the need to import expensive barley malt.

    Impala has now sold 100 million bottles since its launch - one small attraction for Anheuser-Busch InBev, which is set to buy SABMiller in one of the biggest takeovers in corporate history. "It is already the third most drank beer in Mozambique," said Pedro Cruz, director of CDM, at its state-of-the-art brewery in Maputo, which boasts a chic tasting bar. "It has been a revolution for farmers as it gave commercial value to a plant used only for food before. Impala enables more people to access a beer that is quality controlled, and to abandon the home-made beers that can be harmful to health," said Cruz.

    The health argument is a serious issue across Africa where badly made homebrews cause regular fatalities. In January, 75 people were killed by toxic beer served at a funeral in Chitima, a town in western Mozambique.

    Read more

    Same root crop is being used in making famous San Miguel beer in Philippines too.
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    Plantation Sector Updates Empty Re: Plantation Sector Updates

    Post by yellow knife Thu Nov 05, 2015 1:09 pm

    තිස් කෝටියක් වංචා කරලා… ක‍්‍රිස් නෝනිස්ට එරෙහිව මහ විරෝදයක්.. මාර්ග හිරවෙයි..

    November 5, 2015 at 12:48 pm | lanka C news

    [You must be registered and logged in to see this image.]
    ජනාධිපති ජාත්‍යන්තර කටයුතු උපදේශක ක්‍රිස් නෝනිස් මහතාට අයත් අගලවත්ත වතු සමාගමේ සේවකයින් විසින් ආරම්භ කර ඇති විරෝධතාවක් හේතුවෙන් බොරැල්ල-මරදාන මාර්ගය අවරහිර වී තිබේ.
    දහසක පමණ සමගමේ සේවකයින් මෙසේ විරෝධදතා දක්වන්නේ තම ඊ.පී.එෆ්. හා ඊ.ටී.එෆ්. මිලියන 300 ක පමණ මුදල් වසර 3ක් තිස්සේ ගෙවා නැති බව පවසමිනි.
    ක‍්‍රිස් නෝනිස් මහතා බ්‍රිතාන්‍යයේ හිටපු ශ‍්‍රී ලංකා මහකොමසාරිස්වරයාද වෙයි
    කිත්සිරි ද සිල්වා
    කිත්සිරි ද සිල්වා
    Top contributor
    Top contributor


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

    Plantation Sector Updates Empty Re: Plantation Sector Updates

    Post by කිත්සිරි ද සිල්වා Thu Nov 05, 2015 2:06 pm

    බලන් ගියාම ඔක්කෝම පල් හොරු වගේ ! Shocked
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    Plantation Sector Updates Empty Re: Plantation Sector Updates

    Post by yellow knife Fri Dec 11, 2015 9:33 am

    සහන කැපීම නිසා දැඩි පොහොර හිඟයක්.. තේ වගාව විනාශයි..

    December 10, 2015 at 12:40 pm | lanka C news

    [You must be registered and logged in to see this image.]
    2016 අයවැයෙන් පොහොර සහනාධාරය ලබා දීම අත්හිටුවීමත් සමග රට පුරා තේ වගාව සිදුවන ප‍්‍රදේශයන්හි දැඩි ලෙස පොහොර හිගයක් ඇති වී තිබේ.
    කුඩා තේ වතු හිමියන්ගේ සංගමය සදහන් කරන්නේ කලින් සහනාධාරය යටතේ කිලෝ 50 පොහොර මිටියක් රුපියල් 1300ක මිලකට විවෘත වෙළෙද පොලේ තිබුණත් පොහොර සහනාධාරය නවතන බව පැවසීමත් සමග විශාල පොහොර හිගයක් ඇති වී අති බවයි.
    සංගමයේ ජාතික සංවිධායක ලාල් පේ‍්‍රමනාත් මහතා පවසන්නේ මේ තත්වය මත කලට වෙලාවට වගාවට පොහොර යෙදීමට නොහැකි වුවහොත් තේ දලූ අස්වැන්න විශාල ලෙස අඩු වී යනු ඇති බවයි
    avatar
    poor boy
    Active Member
    Active Member


    Posts : 766
    Join date : 2014-10-09

    Plantation Sector Updates Empty Re: Plantation Sector Updates

    Post by poor boy Fri Dec 11, 2015 9:57 am

    mid east crisis will last for many years. oil prices will not recover for a long term.improvement of tea prices cannot be expected
    කිත්සිරි ද සිල්වා
    කිත්සිරි ද සිල්වා
    Top contributor
    Top contributor


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

    Plantation Sector Updates Empty Re: Plantation Sector Updates

    Post by කිත්සිරි ද සිල්වා Fri Dec 11, 2015 10:03 am

    I think Coffee went through same sort of crisis sometime back but some found to add more value to it, so it survived.
    It is wise to take the same route with tea as well and not solely depending on the bulk market segment to be profitable.
    poor boy wrote:mid east crisis will last for many years. oil prices will not recover for a long term.improvement of tea prices cannot be expected
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    Plantation Sector Updates Empty Re: Plantation Sector Updates

    Post by yellow knife Fri Dec 11, 2015 10:25 am

    Well Kith as per 2013 export tree 14% of our export income from Bulk Tea...

    Short run this will be a massive hit.. Long run plantations have to move to different directions like even other products as you mentioned earlier...
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    Plantation Sector Updates Empty Re: Plantation Sector Updates

    Post by yellow knife Thu Dec 17, 2015 11:56 am

    [You must be registered and logged in to see this image.]
    These two charts show the relationship between Palm Oil and Petroleum.. As the prediction is Petroleum price to remain low, Palm Oil focused Plantation companies like Namunukula will have a tough time ahead. Even natural rubber price is moving in the same direction of Petroleum prices...
    chutiputha
    chutiputha
    Top contributor
    Top contributor


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

    Plantation Sector Updates Empty Re: Plantation Sector Updates

    Post by chutiputha Thu Dec 17, 2015 7:23 pm

    Last Hope of Plantation (Palm Oil) facing a bad era...
    කිත්සිරි ද සිල්වා
    කිත්සිරි ද සිල්වා
    Top contributor
    Top contributor


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

    Plantation Sector Updates Empty Re: Plantation Sector Updates

    Post by කිත්සිරි ද සිල්වා Thu Dec 17, 2015 7:40 pm

    Time to find alternatives. Tea and Rubber are in big trouble.
    (How about වල්ලපට්ටා ?)

    [You must be registered and logged in to see this image.]
    avatar
    tharindufit


    Posts : 158
    Join date : 2015-09-22
    Location : Colombo, Sri Lanka

    Plantation Sector Updates Empty Re: Plantation Sector Updates

    Post by tharindufit Fri Dec 18, 2015 6:40 am

    කිත්සිරි ද සිල්වා wrote:Time to find alternatives. Tea and Rubber are in big trouble.
    (How about වල්ලපට්ටා ?)

    [You must be registered and logged in to see this image.]

    There's now Agardwood plantations in Sri Lanka, it is kind of a වල්ලපට්ටා. I hope this is not another Touchwood Smile
    [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

    Plantation Sector Updates Empty Re: Plantation Sector Updates

    Post by yellow knife Fri Dec 18, 2015 9:03 am

    I think this is another Touchwood ...
    avatar
    tharindufit


    Posts : 158
    Join date : 2015-09-22
    Location : Colombo, Sri Lanka

    Plantation Sector Updates Empty Re: Plantation Sector Updates

    Post by tharindufit Fri Dec 18, 2015 7:40 pm

    One difference is that they're giving a deed for this land for 8 years for agarwood. But still suspicious though. It's a very high risk for high return


    Last edited by tharindufit on Fri Dec 18, 2015 7:46 pm; edited 1 time in total
    කිත්සිරි ද සිල්වා
    කිත්සිරි ද සිල්වා
    Top contributor
    Top contributor


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

    Plantation Sector Updates Empty Re: Plantation Sector Updates

    Post by කිත්සිරි ද සිල්වා Fri Dec 18, 2015 7:43 pm

    My advice is not to touch. Very Happy
    tharindufit wrote:One difference is that they're giving a deed for this land for 8 years. But still suspicious though. It's a very high risk for high return
    avatar
    tharindufit


    Posts : 158
    Join date : 2015-09-22
    Location : Colombo, Sri Lanka

    Plantation Sector Updates Empty Re: Plantation Sector Updates

    Post by tharindufit Fri Dec 18, 2015 7:55 pm

    කිත්සිරි ද සිල්වා wrote:My advice is not to touch.  Very Happy
    tharindufit wrote:One difference is that they're giving a deed for this land for 8 years. But still suspicious though. It's a very high risk for high return

    Agree on you. I've actually taken a bit of a risk on this agardwood thing with lowest possible amount that's a 10 perch for 2,70,000 LKR (25 trees) minimum guaranteed payment of 25,000 LKR per tree after 8 years. Knowing touchwood I took this risk expecting I could loose all 2,70,000 LKR. bit of a gamble. Isn't it? (btw, got a deed few months later) But NOT going to take any more risks :-)
    කිත්සිරි ද සිල්වා
    කිත්සිරි ද සිල්වා
    Top contributor
    Top contributor


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

    Plantation Sector Updates Empty Re: Plantation Sector Updates

    Post by කිත්සිරි ද සිල්වා Fri Dec 18, 2015 8:45 pm

    I think the best way to test the real value of this plot is to try to sell the plot to another (provided the deed is in your name).  Very Happy
    (How these people swindle others is by stating exorbitant maintenance cost and adding cost of replacing dead plants etc ).  Shocked
    tharindufit wrote:
    කිත්සිරි ද සිල්වා wrote:My advice is not to touch.  Very Happy
    tharindufit wrote:One difference is that they're giving a deed for this land for 8 years. But still suspicious though. It's a very high risk for high return
    Agree on you. I've actually taken a bit of a risk on this agardwood thing with lowest possible amount that's a 10 perch for 2,70,000 LKR (25 trees) minimum guaranteed payment of 25,000 LKR per tree after 8 years. Knowing touchwood I took this risk expecting I could loose all 2,70,000 LKR. bit of a gamble. Isn't it? (btw, got a deed few months later) But NOT going to take any more risks :-)
    avatar
    tharindufit


    Posts : 158
    Join date : 2015-09-22
    Location : Colombo, Sri Lanka

    Plantation Sector Updates Empty Re: Plantation Sector Updates

    Post by tharindufit Fri Dec 18, 2015 9:28 pm

    I've actually even been to the place before making any payment (closer to Rathnapura). the land is unusable to anything other than plantation since it's in hills and used to grow rubber and it's real value could be very very cheap for them. There's acres of land for this all of them were used to grow rubber (trees were taken out and planted small agardwood in certain side).
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    Plantation Sector Updates Empty Re: Plantation Sector Updates

    Post by yellow knife Mon Dec 28, 2015 9:20 am

    Plantaion sector is facing massive challenges and we cannot hold government responsible as the decline of the relevant commodities prices  like tea, rubber and palm is beyond the control of the Sri Lankan government.

    Yet the sheer madness of Yahapalana ministers like calling to handover the estates from current owners to foreign investors, cutting subsidies and taking petrol cans into parliament to run a live show to increase workers wages add fuel to the fire...

    RPC chairman's speech is worthy noting here..

    And the source is not Lanka C news as some are allergic to sources... The source I quote now belongs to Wijeya Publishers...Anyway once again I like to note that it is not who owns the media house but the authenticity of the news that matters...


    Source : [You must be registered and logged in to see this link.]

    ===================================


    Retorting to these claims Planters Association Chairman Roshan Rajadurai pointed out the Government is already managing 36 estates in which the statutory liability collectively adds up to Rs. 3.6 billion per annum in 2014 without accounting for gratuity liability. Most of these factories have even been deprived of electricity due to late payments, according to the Chairman -


    Rajadurai further went on to say: “The minister may have told to just handover the estates but he should understand that these are all public listed companies. The shareholders will eventually make a call and there will be a due process to hand it over to the Government. These are now private legal entities and they have borrowed from local banks, and other agencies. Adding to that gratuity liabilities in a good size company will be over Rs. 2 billion. So the Government must be prepared to take over all this liabilities.”




    Government sector plantations managed by the Sri Lanka State Plantations Corporation (SLSPC) and JEDB (Janatha Estate Development Board) were leased out to 23 Regional Plantations Companies (RPC)during the period 1992-1994. At the same time government entered into management agreements with some private sector companies to manage a few regional plantation companies. Kurunegala Plantations Limited and Chilaw Plantations Limited are among a few of them -


    Moreover Rajadurai stated that at the time the estates were privatised the State sector was incurring a loss of Rs.1.3 billion and a debt of Rs. 7 billion which they converted to equity, whereas the Treasury was burdened Rs. 5 billion annually for operational expenses. -


    He elaborated that such comments made by the Minister will send out wrong signals to the shareholders at large with regard to future investments.

    “Since it was leased to us we have invested Rs. 55 billion annually to develop our estates if one wants they can compare our plantations to the Government owned companies in the tea industry. Our shareholders and the Board of Directors will decide what to do and the Government has to make a call. This is of course a very bad signal because the companies will think twice before exposing themselves to more borrowing in order to invest.”


    For the past 20 months combined debt of the tea and rubber plantation companies has amounted to around Rs. 4 billion primarily due to the price drop in the market. This year the signs are that it will top Rs. 6 billion, Daily FT learns.



    Rajadurai also rejected claims made by the Minister that the companies were hiding profits pointing out as public listed companies they were bound to maintain strict corporate governance regulations and insisting they were open for scrutiny
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    Plantation Sector Updates Empty Re: Plantation Sector Updates

    Post by yellow knife Tue Jan 12, 2016 9:33 am

    තේ මිල යලි නගී..

    January 10, 2016 at 2:04 am | lanka C news

    [You must be registered and logged in to see this image.]
    මෙරට තේ මිල පහත වැටීමෙන ඇති වී තිබුණු අර්බුදය යථා තත්වයට පත් වෙමින් ඇතැයි තේ කොමසාරිස් ජයන්ත එදිරිසිංහ මහතා පවසයි.
    ඔහු පෙන්වා දෙන්නේ මේ මාසයේ පහතරට තේ කිලෝවක මිල රුපියල් 430.44කට වඩා වැඩි වූ බව වූ බවත්, උඩරට තේ කිලෝවක සාමාන්‍ය මිල රුපියල් 435.89කටත් වැඩි බවත්, මැද රට තේ කිලෝවක සාමාන්‍ය මිල රුපියල් 377.22 කට වඩා වැඩි බවත්ය.
    chutiputha
    chutiputha
    Top contributor
    Top contributor


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

    Plantation Sector Updates Empty Re: Plantation Sector Updates

    Post by chutiputha Sat Jan 30, 2016 7:33 pm

    මධ්‍යම කඳුකරයට අධික ශීතල කාලගුණික තත්ත්වයක් ඇති වී තිබේ.මෙම සීතල කාලගුණික තත්ත්වය තේ වගාවට අහිතකර බව වතු අධිකාරිවරුන් පවසයි.

    ref :- [You must be registered and logged in to see this link.]

      Current date/time is Sun Sep 01, 2024 7:56 am