Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

Sri Lanka Equity Analytic
සිංහල පරිවර්තනය
Search
 
 

Display results as :
 

 


Rechercher Advanced Search

Latest topics

» Market Sell Off
by TARGET Today at 1:59 pm

» Keep Eye On Sira.......
by sapumal Today at 11:30 am

» Abans in mega Shopping Mall project : Fitch report
by fortuneteller Today at 10:14 am

» Wiser's TA Chart Room
by wiser Today at 9:54 am

» Daily News Bulletin | දිනපතා ප්‍රවෘත්ති
by Sstar Today at 9:51 am

» VONE , is it time to sell or holds
by Yahapalanaya Today at 4:22 am

» TFCX.000 collecting.....
by anges Today at 12:33 am

» Silent ABL
by Ahcha Yesterday at 2:03 pm

» ABANS FINANCE PLC IN DEEP TROUBLE?
by fortuneteller Yesterday at 1:06 pm

» Arpico Insurence
by sureshot Yesterday at 12:10 pm

» Sri Lanka's Sampath Bank net up 52-pct in Dec
by MAKARA Yesterday at 9:50 am

» Another ALHP Drama Staging on
by wisdom79 Yesterday at 7:30 am

» ALHP WILL MOVE UP SOON
by wisdom79 Sun Feb 18, 2018 9:25 pm

» Tips For Avoiding Excessive Trading ;)
by CubedSol Sat Feb 17, 2018 2:15 am

» IMPACT OF ELECTION RESULTS - one more hour to analyse
by soileconomy Fri Feb 16, 2018 9:22 pm

» Keep Eye on RIL
by Ran49 Fri Feb 16, 2018 5:52 pm

» Risk Management !!!!!!!!!!!!!!!!!!!>>>>>>>>>>>>>>>
by wiser Fri Feb 16, 2018 3:53 pm

» GREG & TAP DISCLOSE
by wiser Fri Feb 16, 2018 2:03 pm

» SCAP - SOFT LOGIC CAPITAL
by Ran49 Fri Feb 16, 2018 7:08 am

» Thx for all...
by Uaecoindubai Thu Feb 15, 2018 7:07 pm

Forum Disclaimer

The information contained in this forum have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein.

www.srilankaequity.com its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever.

Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, www.srilankaequity.com its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » Plantation Stocks....

Plantation Stocks....

Go down  Message [Page 1 of 1]

1 Plantation Stocks.... on Sun Nov 12, 2017 10:39 pm

Namal


Senior Equity Analytic
Senior Equity Analytic
Can CTBL and BOPL positive results turn the down treand of Plantation Stocks..

2 Re: Plantation Stocks.... on Mon Nov 13, 2017 5:26 am

bushra03


Senior Equity Analytic
Senior Equity Analytic
Yes very positive

3 LDEV for the Win on Wed Nov 15, 2017 6:50 pm

JamesL


Stock Trader
Looks like the big players brought the share down from 14.50 to collect more at a lower level before the results. 
The results far exceeded expectations with a PAT of LKR102Mn for 2QFY18, with the first 6-month PAT amounting to LKR311Mn. 
As we know plantation profits are cyclical with 1Q always producing better results due to the bumper harvest in April each year. 
LDEV profits for FY18 should amount to c. 550-600Mn. 
EPS for the year should amount to LKR9-10.
In the medium term the share should trade between LKR20-30/-
Happy trading people.

4 Re: Plantation Stocks.... on Wed Nov 15, 2017 10:00 pm

bushra03


Senior Equity Analytic
Senior Equity Analytic
I dont think many expected this fabulous results from LDEV especilaay after BALA and MASK reported only LKR 30mn and LKR 23Mn only for the 2nd qtr 2017....while UDPL and some other plantations reported losses. This performance by LDEV is indeed remarkable . They have been performing consistently ( reporting a profit of close to LKR 100mn even in march 2017....before the tea prices really started to appreciate.... and it owns one of the best plantations- Agarapatana.
If BALA is at 27, MASK is at 21 and UDPL is at 42, definitely LDEV should hit 20-30 easily as you have quite rightly predicted....
( mind you BALA hit 39 , MASK 27 and UDPL 54 , last month... hence don't be surprised of LDEV share price in the next 3 months with the quality season approaching.
People who dumped the share from 14.40 to 12.50 expecting a loss or mediocre profit should be regretting now.

5 Re: Plantation Stocks.... on Wed Nov 15, 2017 11:02 pm

Namal


Senior Equity Analytic
Senior Equity Analytic
LDEV will lead the plantation rally again...

6 Re: Plantation Stocks.... on Thu Nov 16, 2017 7:12 am

Wimal Modawansa

avatar
Manager - Equity Analytics
Manager - Equity Analytics
BALA hit 39 , MASK 27 and UDPL 54 , last month!

Plantation shares are moving up and up.
HAPU 29.00
UDPL 41.30
MADU 13.00 
BALA 27.10  
LDEV 12.50  
MALX 10.00 AND
MAL 11.10.

enter at correct price

7 Re: Plantation Stocks.... on Thu Nov 16, 2017 7:16 am

bushra03


Senior Equity Analytic
Senior Equity Analytic
LDEV .....hit ...????

8 Re: Plantation Stocks.... on Thu Nov 16, 2017 9:01 am

anjelo

avatar
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
not the time to enter LDEV but if you have been playing this counter, there are small chances to make some money as this shares is now searching for a price to settle down. so we see lot of volatility.but if interest goes down them the slow down trend would start.

9 Re: Plantation Stocks.... on Thu Nov 16, 2017 2:04 pm

JamesL


Stock Trader
@JamesL wrote:Looks like the big players brought the share down from 14.50 to collect more at a lower level before the results. 
The results far exceeded expectations with a PAT of LKR102Mn for 2QFY18, with the first 6-month PAT amounting to LKR311Mn. 
As we know plantation profits are cyclical with 1Q always producing better results due to the bumper harvest in April each year. 
LDEV profits for FY18 should amount to c. 550-600Mn. 
EPS for the year should amount to LKR9-10.
In the medium term the share should trade between LKR20-30/-
Happy trading people.
You heard it here first  Twisted Evil Twisted Evil Twisted Evil

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum