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)
Plantation Sector Updates - Page 2 EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Plantation Sector Updates - Page 2 EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Plantation Sector Updates - Page 2 EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Plantation Sector Updates - Page 2 EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Plantation Sector Updates - Page 2 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 - Page 2 EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

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

» The Korean Way !
Plantation Sector Updates - Page 2 EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Plantation Sector Updates - Page 2 EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Plantation Sector Updates - Page 2 EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

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

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

» Equinox ( වසන්ත විෂුවය ) !
Plantation Sector Updates - Page 2 EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

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

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

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

» Do You Have Computer Vision Syndrome?
Plantation Sector Updates - Page 2 EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

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

» What a Bank Run ?
Plantation Sector Updates - Page 2 EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Plantation Sector Updates - Page 2 EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

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

» Cboe Volatility Index
Plantation Sector Updates - Page 2 EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Plantation Sector Updates - Page 2 EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

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

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

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

» Bitcoin and Cryptocurrency
Plantation Sector Updates - Page 2 EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

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

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

» Bakery Products ?
Plantation Sector Updates - Page 2 EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

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

» Going South
Plantation Sector Updates - Page 2 EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Plantation Sector Updates - Page 2 EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Plantation Sector Updates - Page 2 EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Plantation Sector Updates - Page 2 EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Plantation Sector Updates - Page 2 EmptyTue Jan 03, 2023 6:43 pm by ruwan326

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

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

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Plantation Sector Updates - Page 2 EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Plantation Sector Updates - Page 2 EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

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

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Plantation Sector Updates - Page 2 EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Plantation Sector Updates - Page 2 EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

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

» Capital Trust Broker in difficulty?
Plantation Sector Updates - Page 2 EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Plantation Sector Updates - Page 2 EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Plantation Sector Updates - Page 2 EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Plantation Sector Updates - Page 2 EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
Plantation Sector Updates - 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
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 - Page 2 Empty Re: Plantation Sector Updates

    Post by yellow knife Wed Feb 03, 2016 8:12 am

    Lankan tea sector yet to gain from Iranian bank's SWIFT link

    - Mirror Business
    3rd Feb 2016

    The local tea industry will have to wait further to reap the benefits originating from Iranian banks reconnecting to the the Society of Worldwide Inter bank Financial Telecommunication as Sri lanka's monetary watchdog is yet to act on it.

    according to the country's Tea Exporters Association ( TEA) chief, the CBSL has been requested to expedite the process, so that the industry can capitalize on the development.
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    Plantation Sector Updates - Page 2 Empty Re: Plantation Sector Updates

    Post by yellow knife Wed Mar 02, 2016 9:25 am

    Trial and Error method may lead to disasters...



    අස්වැන්න වැඩියි කියා වී ගොවිතැන සීමා කරයි.. කුඹුරේ වෙනත් බෝග වවන්න දන්වයි..

    March 2, 2016 at 8:40 am | lanka C news

    [You must be registered and logged in to see this image.]
    විශාල වශයෙන් වී අස්වැන්න ලැබෙන නිසා එය සීමා කිරීම සදහා එළැඹෙන යල කන්නයේදී රජය විසින් සූක්‍ෂම වැඩපිළිවෙළක් ක‍්‍රියාත්මක කරමින් ඇතැයි ගොවි සංවිධාන චෝදනා කරති.
    ඒ අනුව ඉදිරි කන්නයේදී වී ගොවිතැනට ජලය නිකුත් කරන්න සූදානම් වන්නේ උවමනා ප‍්‍රමාණයෙන් අඩකට පමණක් බවද ඔවුන් කියා සිටිති.
    දැනට රටේ වී අතිරික්තයක් ඇති නිසා වී ගොවිතැන සීමා කර කුඹුරු ඉඩම් තුල අතිරේක භෝග වගා කිරීමටද සැලසුමම් සකසා ඇතැයිද චෝදනා කරන ගෙවා නියෝජිතයෝ මේ වන විටත් මහවැලි නේවාසික ව්‍යාපාර කළමනාකාරවරුන් මගින් නව වැඩපිළිවෙළ ගැන ගොවින් දැනුවත් කිරීම් සිදුවෙමින් පවතින බවත් පවසයි
    slstock
    slstock
    Veteran
    Veteran


    Posts : 6216
    Join date : 2014-06-12

    Plantation Sector Updates - Page 2 Empty Re: Plantation Sector Updates

    Post by slstock Wed Mar 02, 2016 9:47 am

    There are speculative anti government websites and pro government websites?
    Do they give reliable info which comes true regularly or not?

    Btw, can someone let me know a summary of the such websites and who runs them ( for my reference)



    yellow knife wrote:Trial and Error method may lead to disasters...



    [url=/sinhala/news/%e0%b6%85%e0%b7%83%e0%b7%8a%e0%b7%80%e0%b7%90%e0%b6%b1%e0%b7%8a%e0%b6%b1-%e0%b7%80%e0%b7%90%e0%b6%a9%e0%b7%92%e0%b6%ba%e0%b7%92-%e0%b6%9a%e0%b7%92%e0%b6%ba%e0%b7%8f-%e0%b7%80%e0%b7%93-%e0%b6%9c/]අස්වැන්න වැඩියි කියා වී ගොවිතැන සීමා කරයි.. කුඹුරේ වෙනත් බෝග වවන්න දන්වයි..[/url]

    March 2, 2016 at 8:40 am | lanka C news

    [You must be registered and logged in to see this image.]
    විශාල වශයෙන් වී අස්වැන්න ලැබෙන නිසා එය සීමා කිරීම සදහා එළැඹෙන යල කන්නයේදී රජය විසින් සූක්‍ෂම වැඩපිළිවෙළක් ක‍්‍රියාත්මක කරමින් ඇතැයි ගොවි සංවිධාන චෝදනා කරති.
    ඒ අනුව ඉදිරි කන්නයේදී වී ගොවිතැනට ජලය නිකුත් කරන්න සූදානම් වන්නේ උවමනා ප‍්‍රමාණයෙන් අඩකට පමණක් බවද ඔවුන් කියා සිටිති.
    දැනට රටේ වී අතිරික්තයක් ඇති නිසා වී ගොවිතැන සීමා කර කුඹුරු ඉඩම් තුල අතිරේක භෝග වගා කිරීමටද සැලසුමම් සකසා ඇතැයිද චෝදනා කරන ගෙවා නියෝජිතයෝ මේ වන විටත් මහවැලි නේවාසික ව්‍යාපාර කළමනාකාරවරුන් මගින් නව වැඩපිළිවෙළ ගැන ගොවින් දැනුවත් කිරීම් සිදුවෙමින් පවතින බවත් පවසයි
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    Plantation Sector Updates - Page 2 Empty Re: Plantation Sector Updates

    Post by yellow knife Wed Mar 02, 2016 10:11 am

    LankaCnews -Wimal
    Lankatruth - JVP
    Lankaviews-Peratugami
    Lanakaenews- Sadaruwan... Pro GVt,Never against LTTE
    slstock
    slstock
    Veteran
    Veteran


    Posts : 6216
    Join date : 2014-06-12

    Plantation Sector Updates - Page 2 Empty Re: Plantation Sector Updates

    Post by slstock Wed Mar 02, 2016 10:15 am

    Thanks .

    yellow knife wrote:LankaCnews -Wimal
    Lankatruth - JVP
    Lankaviews-Peratugami
    Lanakaenews- Sadaruwan... Pro GVt,Never against LTTE
    Hawk Eye
    Hawk Eye


    Posts : 428
    Join date : 2014-03-11

    Plantation Sector Updates - Page 2 Empty Re: Plantation Sector Updates

    Post by Hawk Eye Wed Mar 02, 2016 10:47 am

    The Economic Dynamics that we talk about from Macro to Micro levels affects these plantation workers too. They are no more slaves like in Suddas era. Inflation, Cost of living, price hikes etc... affects their livelihood too

    The new generation is no more plantation workers and we are going forward with a unseen labour problem for future. Things are not attractive for them to pluck tea or tap rubber

    And the Political representatives they appoint neither voice for plantation workers or work on National interest. They work for their self interest. We can see today what Thondaman has done for the past 9 years, gulped 1.8Bn just for nothing

    India has started inventing and developing tea harvesting machineries.

    Japans Kagoshima region uses machinery for tea clipping and harvesting. The landscape helps them

    We have a Engineering faculty, A tea Research & agricultural research Institute.. who never come together to do something to keep our country ahead of others.
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    Plantation Sector Updates - Page 2 Empty Re: Plantation Sector Updates

    Post by yellow knife Fri May 27, 2016 8:25 am

    Tea crop down 16% in April.

    Production down by 12.7% in 1Q. Reduced earnings expected in next two months...
    කිත්සිරි ද සිල්වා
    කිත්සිරි ද සිල්වා
    Top contributor
    Top contributor


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

    Plantation Sector Updates - Page 2 Empty Re: Plantation Sector Updates

    Post by කිත්සිරි ද සිල්වා Fri May 27, 2016 10:18 am

    HOPL was disappointing once more.
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    Plantation Sector Updates - Page 2 Empty Re: Plantation Sector Updates

    Post by yellow knife Tue Sep 06, 2016 7:54 am

    July tea output down by 19% on low prices and poor fertilizer use

    Mirror Business
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    Plantation Sector Updates - Page 2 Empty Re: Plantation Sector Updates

    Post by yellow knife Tue Sep 06, 2016 7:56 am

    Central Bank looks to facilitate trade with Iran through a payment channel of Italian Commercial Bank.

    +++++ News for tea sector...

    Mirror Business
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    Plantation Sector Updates - Page 2 Empty Re: Plantation Sector Updates

    Post by yellow knife Wed Oct 12, 2016 12:48 pm

    වතු කම්කරුවෝ ජනාධිපති කාර්යාලය වටලති.. පිටකොටුවේ දැඩි වාහන තදබදයක්..
    October 12, 2016 at 12:40 pm | lanka C news | ලංකා සී නිවුස් [You must be registered and logged in to see this image.]
    වතු කම්කරැවන්ගේ දිනක වැටුප රුපියල් දහසක් කරන්නැයි ඉල්ලමින් වතුකම්කරු පිරිසක් විසින් අරඹා ඇති විරෝධතාවයක් හේතුවෙන් පිටකොටුව ආසන්නයේ දැඩි වාහන තදබදයක් ඇති වී තිබේ.
    විරෝධතා පෙලපාලිය කොටුව ජනාධිපති ලේකම් කාර්යාලයට ගමන් කිරීම අවහිර කරමින් මාර්ග බාදක යොදා ඇති අතර ඉල්ලීම සහිත සංදේශයක් ජනාධිපති ලේකම් කාර්යාලයට බාරදීම සදහා කිහිප දෙනෙකුට අවස්ථාව ලබා දී ඇත
    කිත්සිරි ද සිල්වා
    කිත්සිරි ද සිල්වා
    Top contributor
    Top contributor


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

    Plantation Sector Updates - Page 2 Empty Re: Plantation Sector Updates

    Post by කිත්සිරි ද සිල්වා Wed Oct 12, 2016 2:42 pm

    කොරේ පිටට මරේ කිව්වාලු ! Very Happy
    (But aren't they deserve this little raise when compared to the privileges given to අටපාස් පෙරිය දොරේලා සහ චින්න දොරේලා). Shocked
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    Plantation Sector Updates - Page 2 Empty Re: Plantation Sector Updates

    Post by yellow knife Fri Jan 06, 2017 10:14 am

    Strong growth predicted for Lankan oil Palm Industry.

    Source : Mirror Business 6th Jan 2017


    *********************************

    As I have mentioned in a discussion on Namunukula, Oil Palm sector is becoming attractive.

    As per the above source these companies are already into Oil Palm..

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

    No of Hectares already into Oil Palm of above companies...


    CompanyHectares 
    2017
    Watawala3157
    Namunukula2020
    Elpitiya1447
    Agalawatta 1294
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    Plantation Sector Updates - Page 2 Empty Re: Plantation Sector Updates

    Post by yellow knife Fri Jan 06, 2017 10:18 am

    Now about the future plans by those who are not already into Oil Palm...


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


    So the future land extent covered by oil palm will be

    CompanyFuture
    Watawala3157
    Namunukula2020
    Elpitiya1447
    Agalawatta 1294
    Kegalle 1125
    Bogawantalawa700
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    Plantation Sector Updates - Page 2 Empty Re: Plantation Sector Updates

    Post by yellow knife Fri Jan 06, 2017 10:32 am

    As per world bank statements the palm oil prices which were US $ 583.19 increased to US $ 692.41 per tonne last September and expect to increase to US $ 713 by 2020.

    However environmental issues like El Nino will have adverse impact for this sector in 2017

    *************************************

    Disclosure : I am into Oil Palm related products planters shares and may be biased
    Backstage
    Backstage
    Top contributor
    Top contributor


    Posts : 3803
    Join date : 2014-02-24

    Plantation Sector Updates - Page 2 Empty Re: Plantation Sector Updates

    Post by Backstage Fri Jan 06, 2017 11:35 am

    yellow knife wrote:As per world bank statements the palm oil prices which were US $ 583.19 increased to US $ 692.41 per tonne last September and expect to increase to US $ 713 by 2020.

    However environmental issues like El Nino will have adverse impact for this sector in 2017

    *************************************

    Disclosure : I am into Oil Palm related products planters shares and may be biased


    Out put along with stockpiles reduced last quater due to the tail end of El nino and the following rains hampering harvesting season in Malaysia and Indonesia. The weaker Ringgit and higher Soybean oil prices are also a contributors to Crude Palm Oil prices.
    2017 is being flagged as the year for trend reversal in the commodities markets.
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    Plantation Sector Updates - Page 2 Empty Re: Plantation Sector Updates

    Post by yellow knife Tue Mar 21, 2017 7:26 am

    Ceylon Tea Boutique Attracts a Large Number of ITB Visitors – Lanka ...

    [You must be registered and logged in to see this link.]
    16 hours ago - Ceylon Tea Boutique Attracts a Large Number of ITB Visitors ... (PRESS RELEASE) – Ceylon Tea being among the most recognized tea brands in the world ... the German visitors who visited the Sri Lanka Pavilion at ITB 2017
    The Invisible
    The Invisible


    Posts : 3116
    Join date : 2016-11-28
    Age : 44

    Plantation Sector Updates - Page 2 Empty Re: Plantation Sector Updates

    Post by The Invisible Tue May 23, 2017 1:46 pm

    Plantation sector index has gained heavily over the past month or two and reached the 52W high. More over it is staying at this level. Meaning its not an artificial run. The financials we received up to now have confirmed that the sector fortunes have turned around. Plus we are yet to see some of good counter results which we will got to know in the coming few days. Now its our duty to find out whether this sector has the energy to move from current levels to even higher levels. Once we get to know the Q1 results of all the companies we should be in a good position to extrapolate it to 2017/18 FY.

    Thanks
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    Plantation Sector Updates - Page 2 Empty Re: Plantation Sector Updates

    Post by yellow knife Thu Jun 22, 2017 8:31 am

    SL to abolish import control fee for tea. Propose license fee for Rs 1000 for re export.. LBO
    The Invisible
    The Invisible


    Posts : 3116
    Join date : 2016-11-28
    Age : 44

    Plantation Sector Updates - Page 2 Empty Re: Plantation Sector Updates

    Post by The Invisible Mon Jul 24, 2017 4:11 pm

    The Invisible wrote:Plantation sector index has gained heavily over the past month or two and reached the 52W high. More over it is staying at this level. Meaning its not an artificial run. The financials we received up to now have confirmed that the sector fortunes have turned around. Plus we are yet to see some of good counter results which we will got to know in the coming few days. Now its our duty to find out whether this sector has the energy to move from current levels to even higher levels. Once we get to know the Q1 results of all the companies we should be in a good position to extrapolate it to 2017/18 FY.

    Thanks

    Has anyone analyze this picture. The sector index has moved from 902 on the date I wrote this to 928 as at 21st July. Its about 3% rise of the whole index but selectively there are big rises in stocks who are expected to report massive profits.

    For example,
    Balangoda moved from 16.40 to 17.70
    Bogawanthalawa 13.20 to 14.80
    Malwatte 4.30 to 5.40
    Maskeliya 11.10 to 14.80
    Talawakelle 45.10 to 48 etc.

    I can see more room for appreciation with the pending financials.Basketball
    avatar
    Future123
    Active Member
    Active Member


    Posts : 1435
    Join date : 2014-04-09

    Plantation Sector Updates - Page 2 Empty Re: Plantation Sector Updates

    Post by Future123 Mon Jul 24, 2017 5:04 pm

    Well done Invisible. The tea prices have gained last week as well and hope the September quarter also would be good.

    The June quarter must be good and TSML already provided an indication of the financials.
    The Invisible
    The Invisible


    Posts : 3116
    Join date : 2016-11-28
    Age : 44

    Plantation Sector Updates - Page 2 Empty Re: Plantation Sector Updates

    Post by The Invisible Mon Jul 24, 2017 5:08 pm

    Thanks F123. Further I expect the dividends from the industry to improve dramatically this year.
    The Invisible
    The Invisible


    Posts : 3116
    Join date : 2016-11-28
    Age : 44

    Plantation Sector Updates - Page 2 Empty Re: Plantation Sector Updates

    Post by The Invisible Mon Jul 24, 2017 9:13 pm

    Looking forward good results from MAL, ELPL, WATA, BOPL, KVAL, UDPL, HAPU and TPL.
    CK
    CK
    Active Member
    Active Member


    Posts : 1393
    Join date : 2015-11-01

    Plantation Sector Updates - Page 2 Empty Re: Plantation Sector Updates

    Post by CK Mon Jul 24, 2017 9:17 pm

    Thank you invi. You are the one who identified the trend very early and all of us benifiting from that.
    Will the trend continue?
    The Invisible
    The Invisible


    Posts : 3116
    Join date : 2016-11-28
    Age : 44

    Plantation Sector Updates - Page 2 Empty Re: Plantation Sector Updates

    Post by The Invisible Mon Jul 24, 2017 9:24 pm

    CK wrote:Thank you invi. You are the one who identified the trend very early and all of us benifiting from that.
    Will the trend continue?
    Thanks CK. Yes my personal opinion is that the current trend has more legs to travel. It is evident from the way how stocks like WATA, ELPL, BALA, MAL, TPL, UDPL are consolidating even after gaining by more than 50% this year so far. On the other hand the biggest positive factor is that still the tea prices in the local and world market are firm and the expectation is the same trend to continue.


    Last edited by The Invisible on Mon Jul 24, 2017 9:35 pm; edited 1 time in total (Reason for editing : Typo)

      Current date/time is Sun Jun 16, 2024 1:09 am