MAL still good undervalued pick in plantation sector.
year end EPS 1.29
NAV 8.68
http://www.cse.lk/cmt/upload_report_file/722_1361442558.pdf
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Jana wrote:
MAL still good undervalued pick in plantation sector.
year end EPS 1.29
NAV 8.68
http://www.cse.lk/cmt/upload_report_file/722_1361442558.pdf
Jana1 wrote:Jana wrote:
MAL still good undervalued pick in plantation sector.
year end EPS 1.29
NAV 8.68
http://www.cse.lk/cmt/upload_report_file/722_1361442558.pdf
It didn't perform this quater. Very poor performance as all plantation performed well.
slstock wrote:
Still trading at 50% nav and PE of less than 4. Will they give a decent dividend at least this time?
slstock wrote:All?
This quarter MAL seems to have some Tea losses. Bit hard to understand.
Still trading at 50% nav and PE of less than 4. Will they give a decent dividend atleadt this time?Jana1 wrote:Jana wrote:
MAL still good undervalued pick in plantation sector.
year end EPS 1.29
NAV 8.68
http://www.cse.lk/cmt/upload_report_file/722_1361442558.pdf
It didn't perform this quater. Very poor performance as all plantation performed well.
hello wrote:slstock wrote:
Still trading at 50% nav and PE of less than 4. Will they give a decent dividend at least this time?
how much you expect this time .. when they pay dividend normally..?? Shall we expect at least 1/= ???
slstock wrote:All?
Jana1 wrote:
Why not-"All"?
UKboy wrote:If you asked 10 people who directly involve in plantation, at least 6 or 7 say they cannot trust or don’t like to deal with the family who runs MAL.
I guess that tells why MAL trading at a more attractive price than the many other plantation sector companies.
slstock wrote:Yes MAL seems to have some confidence issue. The managemnt can do something to change it if they care like a high dividend. But maybe wishful thinking.
BTW, no way we can expect MAL to declare Rs 1 dividend. It will be like "Taking feather from tortise".
This plantation rally better come before End of april. Else it will break many people hearts. To be fair Plantation has been stagnant since 2011 May. Nearly 2 years.
Hope somethign will happen. We need some positive news from Govn also, and they are not helping by imposing crazy taxes ( like the CESS on Bulk tea).
Speaking of which what on earth are they doing to SUGA holders. It is a crime for minority holders especially.
UKboy wrote:If you asked 10 people who directly involve in plantation, at least 6 or 7 say they cannot trust or don’t like to deal with the family who runs MAL.
I guess that tells why MAL trading at a more attractive price than the many other plantation sector companies.
Not sure. But for me no reason to go up unless someone badly manipulate. So possibility is to cumdown..hello wrote: When will happen that Plantation rally...
and
@jana1! R u thing MAL will go further down still..?
stockback wrote:Who said Mal is poor performance. they make Rs1.29 for financial year. 2011 they maid 35 cents. Mal doing his job correctly. I know MAL doesn't produce what we expected. MAL Make very nice profit 1Q-3Q . but 4Q they didn't make much. compare to 2011 4Q MAL recover very nicely. I feel MAL has own problem for 4th quarter(Aware)
can expect .10 -.15 cents as dividendsstockback wrote:Who said Mal is poor performance. they make Rs1.29 for financial year. 2011 they maid 35 cents. Mal doing his job correctly. I know MAL doesn't produce what we expected. MAL Make very nice profit 1Q-3Q . but 4Q they didn't make much. compare to 2011 4Q MAL recover very nicely. I feel MAL has own problem for 4th quarter(Aware)
dont forget HOPL have done extremely well too For 26.50 its attractive too know ...slstock wrote:slstock wrote:All?
Jana1 wrote:
Why not-"All"?
We have not revied all plantation company results.
BALA. MADU., KAHA etc yet to come.
ccsentha wrote:stockback wrote:Who said Mal is poor performance. they make Rs1.29 for financial year. 2011 they maid 35 cents. Mal doing his job correctly. I know MAL doesn't produce what we expected. MAL Make very nice profit 1Q-3Q . but 4Q they didn't make much. compare to 2011 4Q MAL recover very nicely. I feel MAL has own problem for 4th quarter(Aware)
this quarter they have made only 0.03, when other plantation companies have had a good time, any particular reason why mal made only 0.03 this quarter?
This is a worry, as they might make similar profit next time too nee (sure they have had good last june and sep quarters but DEC one is worrying....)
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