FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ 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
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ 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
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» US dollar trading lower, euro near new high
by target1 Today at 1:38 pm

» LANKA ALUMINIUM INDUSTRIES PLC (LALU.N0000)
by Equity Win Today at 1:23 pm

» LANKEM DEVELOPMENTS PLC (LDEV.N0000)
by Thushara Ayya Today at 11:59 am

» ???? අප්‍රේල් 16 ???? මේ දින 3 කෙටි සතියත් කොළපාටින් අවසන් වුනා
by Wickyz Today at 11:20 am

» DIPD/HAYC/HAYL
by Wickyz Today at 11:19 am

» RAIGAM WAYAMBA SALTERNS PLC (RWSL.N0000)
by Eranga87 Yesterday at 4:12 pm

» ROYAL CERAMICS PLC (RCL.N0000)
by Dilip Yesterday at 11:55 am

» GLAS will be winner with Super Gain.
by ronstyn53 Sat Apr 17, 2021 10:22 pm

» CIC HOLDINGS PLC (CIC.N0000)
by abey Sat Apr 17, 2021 9:07 pm

» First capital holdings CFVF.N0000
by invest thinker Sat Apr 17, 2021 4:46 pm

» Lanka Walltile PLC Investment Case
by judecroos Sat Apr 17, 2021 8:55 am

» Which is the best at current market condition ? ( At least 30% within 30 Days)
by judecroos Sat Apr 17, 2021 8:39 am

» Daily Foreign Transactions
by Pradeep90 Fri Apr 16, 2021 8:03 pm

» Big opportunity in Kegalle Plantations
by EquityChamp Fri Apr 16, 2021 2:58 pm

» විජේදාසගේ... voice cut ප්‍රතිඵල
by nigma Fri Apr 16, 2021 11:59 am

» If you buy a stock that’s not going up in price, you won’t make any money. STOCK market for beginners
by dayandacool Fri Apr 16, 2021 11:31 am

» B P P L HOLDINGS PLC (BPPL.N0000)
by vikiperera Fri Apr 16, 2021 11:17 am

» VPEL VPEL VPEL
by invest thinker Fri Apr 16, 2021 10:23 am

» Thoughts on SINS
by Swissinvest Fri Apr 16, 2021 10:04 am

» VFIN / VPEL / PABC - Share SPLIT or VTWO ?
by WealthKing Fri Apr 16, 2021 8:33 am

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » MPRH is it the most undervalued stock in plantation sector?

MPRH is it the most undervalued stock in plantation sector?

Go to page : Previous  1, 2, 3  Next

Go down  Message [Page 2 of 3]

prabath


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Can we call this thread a promotion because people who hold this are doing the talking.

smallville


Associate Director - Equity Analytics
Associate Director - Equity Analytics
@prabath wrote:Can we call this thread a promotion because people who hold this are doing the talking.

NO.. I see valid reasons given to justify these fundamentally good counters.

You cannot expect anyone not to talk about their shares, after all, its obvious if the members talk about shares they dont hold. However, as long as valid reasoning is provided, its not promotion. As you can see, they talk why they've bought these and what they expect in future with these.

Whitebull


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@prabath wrote:Can we call this thread a promotion because people who hold this are doing the talking.
Of course not.They are discussing it in rational manner with available informations.These types of discussions among real investers help new comers to learn.....

NUINTH


Senior Equity Analytic
Senior Equity Analytic
Nice & valuble discussion with facts & figures. Love to see this type of analysis. Thanks everyone.

rainmaker


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
There is no real arbitrage opportunity as buying stock in MPRH doesn't give you control of BOPL shares - its like DFCC holding 20b worth of COMB shares

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@ The Alchemist,

Thank you for highlighting the facts I missed.

Specially , "50 % of bottom line Profit come from Other Income. Majority of this could be Gains from Fair Value of Biological Assets"
Yes they do this every time. Hence we must know if EPS is 11/-, 5.50 is cash and rest is in trees and they will grow further. Smile

IMO, this practice is Ok if you get funds from core business to run the company until you harvest the trees.
( Not like in Pyramid Timber companies (world wide) which use money from new investors to pay salaries and pay back old investors )

I think, up and down in plantations, power sectors due to various factors (including what you mentioned) provide opportunities to long term investors to gain if they understand the nature of these sectors.


Note:
Somehow, I did not use outside funds or margin loans for my recent purchases. Just sold some nonperforming(s) to try new fortunes.

"Nonperforming" = The stocks I thought good but lost their potential due to changes in macro economic or any other factors in the country OR just bad hits.

27MPRH is it the most undervalued stock in plantation sector? - Page 2 Empty Speciality with MPRH, MASK & TPL! Wed Feb 13, 2013 11:34 pm

Nigel.Machado


Manager - Equity Analytics
Manager - Equity Analytics
We all know that Tea business is doing better than Rubber these days. All MPRH,MASK & TPL have mor than 90% exposure to Tea.

When we consider plantations their is always a seasonal Risk involved with it.

How to minimize this risk is to buy plantation stocks below their Net Assets Value. Unlike shares like BOPL all above given shares(MPRH,MASK,TPL) trade below their net assets value.

To be exact NAV of the shares are as follows

MPRH - 40
MASK - 31
TPL - 47

Also earnings of these shares are very healthy. For the last quater EPS of these shares were

MPRH - 6.19
MASK - 3.50
TPL - not released

Last quarter was quite an exception, projected sustainable minimum eps annually for above given shares could be

MPRH - 9
MASK - 5.5
TPL - 6

at a price earning ratio of 5 these shares may worth

MPRH - 9*5 = 45
MASK - 5.5*5 = 27.5
TPL - 6*5 = 30

So even at your target exit price these shares will have value as they trade at a p/e ratio of 5 & below their Net asset value. Anithing above will be a Bonus.

*Speciality of TPL is the high payout ratio(dividend of rs2.5 per share) as we all know TPL is a better managed company in the plantation sector, It can be given a high p/e as well.

For me these 3 are the best picks within tea based plantations. Share your view.

suja


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
I feel to be risk averse when selecting plantation stocks you need to consider crop diversity. Your above points are appreciated. Plantations such as Namu and kegall in this instance is very special Namunukula has palm as well and Kegall is the leading plantations on rubber. Plantation investments are always risky ad cyclical but always a very good investment in the long run as it generates cash on an ongoing basis. Note : I do not own shares of any of these but wanted to give inputs as I have invested in these stocks in the past.

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Nigel.Machado -> Do u really need another thread for this?

This looks like promotion to me..

Jiggysaurus

Jiggysaurus
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@smallville wrote:Nigel.Machado -> Do u really need another thread for this?

This looks like promotion to me..

Promotors will need to promote and get out of plantations before the wage hike hits in the second half of the year.

smallville

smallville
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Talking abt bad habits, sometimes we love some stocks and get in hoping it can go up then after holding for along time realise it wont go much..

Then sell.. Alas! in a coupla days it runs lol!

This happened to me several times so I know if I sell something it can go up Wink

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@smallville wrote:Talking abt bad habits, sometimes we love some stocks and get in hoping it can go up then after holding for along time realise it wont go much..

Then sell.. Alas! in a coupla days it runs lol!

This happened to me several times so I know if I sell something it can go up Wink

yes. same here. now im not doing that mistake. sell only after studng all possible facts. im on my way to broker. i want to reply when
i saw yr comment .....sory ...using small android

Nigel.Machado


Manager - Equity Analytics
Manager - Equity Analytics
@Chinwi wrote:
@smallville wrote:Talking abt bad habits, sometimes we love some stocks and get in hoping it can go up then after holding for along time realise it wont go much..

Then sell.. Alas! in a coupla days it runs lol!

This happened to me several times so I know if I sell something it can go up Wink

yes. same here. now im not doing that mistake. sell only after studng all possible facts. im on my way to broker. i want to reply when
i saw yr comment .....sory ...using small android

Its a common thing. It happens for every one. I know for a fact that BOC sold 1Mn BALA at 23 about 4 months back kinda like in octomber. But on 31st december it did touch 44. Soon after BOC sold it started moving up.

It happens to most people & institutions. Right at the time when it moves up dumb money sells & smart money moves in.

K&M


Senior Equity Analytic
Senior Equity Analytic
I completely agree with you nigel, MRPH is trading at a discount even i bought it at around 23 levels, There profits are quite impressive as well. Not forget that tea prices are also in a increasing trend, hence we might see some good earning in the future.

UKboy

UKboy
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@smallville wrote:Talking abt bad habits, sometimes we love some stocks and get in hoping it can go up then after holding for along time realise it wont go much..

Then sell.. Alas! in a coupla days it runs lol!

This happened to me several times so I know if I sell something it can go up Wink

ah tell me about this.. Mad . I also had some bad experiences.

Gaja


Associate Director - Equity Analytics
Associate Director - Equity Analytics
@Jiggysaurus wrote:
@smallville wrote:Nigel.Machado -> Do u really need another thread for this?

This looks like promotion to me..

Promotors will need to promote and get out of plantations before the wage hike hits in the second half of the year.

I generally used to buy at that period, and used to sell in 1 & 1/2 years time

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics
@Jiggysaurus wrote:
@smallville wrote:Nigel.Machado -> Do u really need another thread for this?

This looks like promotion to me..

Promotors will need to promote and get out of plantations before the wage hike hits in the second half of the year.


@Gaja wrote:
I generally used to buy at that period, and used to sell in 1 & 1/2 years time

cheers wise approach. plantation offer you well identifiable cycles to deal with .

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
How about see your share running and then you sell at a small dip to gain profit. Then the share again runs very much more
than what yo ugained ( if you held you would have ot 50-100% more even)


@UKboy wrote:
@smallville wrote:Talking abt bad habits, sometimes we love some stocks and get in hoping it can go up then after holding for along time realise it wont go much..

Then sell.. Alas! in a coupla days it runs lol!

This happened to me several times so I know if I sell something it can go up Wink

ah tell me about this.. Mad . I also had some bad experiences.

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Now MW is about 160k in MPRH

he is still collecting plantations. Interesting

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
you still follow him huh ?

@Arena wrote:Now MW is about 160k in MPRH

he is still collecting plantations. Interesting

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
There is no clear reason to leave him.
Rational and logical and very specially long term thinking.
Lets wait and see this time with plantations.

Bond


Manager - Equity Analytics
Manager - Equity Analytics
And you trust the top shareholder Question

suja


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Hey whats wrong with the top shareholder, is there anything to worry about?
He is the person running the business also so if there are issues with management its and issue. I hold this share.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics
Arena,

I already commented about his certain talents which I do admire.

But someone with money and connections can buy low , talk a lot about it ( like PCH saga) and when the share moves it is called a self fulling prophecy. The Chicken stock atleast had fundamental when he talked.

But I do find it amazing how he knew stuff during certain period of time ( before results ) and then how he knows exactly when to unload at the top . ( it happen in BFL and PCH)

I think it okay to follow to get ideas( as he is a good analyst ) , but there are other things I am not sure about to follow blindly. ( I know you are not)


Yes plantation will run , but when? If the big run is in September it is a huge opportunity cost.





@Arena wrote:There is no clear reason to leave him.
Rational and logical and very specially long term thinking.
Lets wait and see this time with plantations.

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Yep agreed and i dont follow blindly.
As you said it is really interesting how they find early. industry analysis ?

As per my knowledge real investors visit the Out lets and factories before buying shares.

There will be no opportunity cost at all even it happens in Sep. or Dec. since still the collection is going on.

I agree with the point they can easily push the prices since they have money. but for sure they cant push the entire plantation sector this time.

I respect this value investment the reason is still i am not mature to do long term investments.

Sponsored content


Back to top  Message [Page 2 of 3]

Go to page : Previous  1, 2, 3  Next

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