Why Suddenly Plantations are Trading

aiyosalli · 1 Why Suddenly Plantations are Trading Mon Apr 22, 2013 1:25 pm

aiyosalli

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It seems that most of the plantation Companies are trading.Any Reason?

Slstock · 2 Re: Why Suddenly Plantations are Trading Mon Apr 22, 2013 2:38 pm

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To be frank this wage issue was over blown and I think march quarter is going to be good for most of them. June or Dec might be an issue due to wage issue accounting.

If tea price hold and rubber increase diversified plantation might survive well in the medium term.

For 2 years nearly we did nto have a proper plantation run. So where is this elusive mini run ?

sriranga · 3 Re: Why Suddenly Plantations are Trading Mon Apr 22, 2013 3:01 pm

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slstock wrote:To be frank this wage issue was over blown and I think march quarter is going to be good for most of them. June or Dec might be an issue due to wage issue accounting.

If tea price hold and rubber increase diversified plantation might survive well in the medium term.

For 2 years nearly we did nto have a proper plantation run. So where is this elusive mini run ?

http://forum.srilankaequity.com/t27564-wage-hike-to-cost-plantation-companies-rs-5bn

http://forum.srilankaequity.com/t27594-tea-hub-proposal-neglected-exports-under-pressure-tea

Slstock · 4 Re: Why Suddenly Plantations are Trading Mon Apr 22, 2013 4:13 pm

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Note heavily tea oriented and labor heavy plantations might take a bigger hit in June accounting.

So one needs to be careful.

traderathome · 5 Re: Why Suddenly Plantations are Trading Mon Apr 22, 2013 5:09 pm

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i think it was only TPL due to XD date 23rd dividends 2.50

NEM · 6 Re: Why Suddenly Plantations are Trading Mon Apr 22, 2013 5:37 pm

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Wage hike is always an issue with plantations, It comes to action time to time. This is an another period that plantation has to deal with wage hike issue. For retailers this is not a good time to enter. KGAL may be the best option at the moment but its better to wait sometime and would be able to buy KGAL around 100

hariesha · 7 Re: Why Suddenly Plantations are Trading Mon Apr 22, 2013 5:48 pm

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aiyosalli wrote:It seems that most of the plantation Companies are trading.Any Reason?

This is a wrong/misleading observation. Plantations only produced 12M turnover from the total turnover of 885M. Just around 1% of the total turnover.

More significantly sector index is down by 1.14% today, producing the biggest drop from all sectors. I think investors are overlooking plantations for the moment.

Sector index may recover only if certain companies declare good dividends or a run started with speculative plantations. For me 2nd option is more likely.

seek · 8 Re: Why Suddenly Plantations are Trading Mon Apr 22, 2013 5:55 pm

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market is ignoring plantations. other than the moderate demand for tea, there is no valid reason to buy plantations.

sureshot · 9 Re: Why Suddenly Plantations are Trading Mon Apr 22, 2013 6:16 pm

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manipulations @ cse will beat labor hike etc ..........

I like ELPL @ 18.00 levels .... Very Happy

kalum · 10 Re: Why Suddenly Plantations are Trading Mon Apr 22, 2013 6:56 pm

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I love small daily swing happened in KAHA. This is one of my favorite share. It will not make me a billionaire of course Very Happy

but it will always keep me alive in the market. Cool

sahan8896 · 11 Re: Why Suddenly Plantations are Trading Mon Apr 22, 2013 7:17 pm

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kalum wrote:I love small daily swing happened in KAHA. This is one of my favorite share. It will not make me a billionaire of course but it will always keep me alive in the market.

Once also i told you it's a great observation.Don't make it news for everyone.If few more notice it then will be hard for you to play the game.

UKboy · 12 Re: Why Suddenly Plantations are Trading Mon Apr 22, 2013 7:30 pm

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hariesha wrote:

aiyosalli wrote:It seems that most of the plantation Companies are trading.Any Reason?

This is a wrong/misleading observation. Plantations only produced 12M turnover from the total turnover of 885M. Just around 1% of the total turnover.

More significantly sector index is down by 1.14% today, producing the biggest drop from all sectors. I think investors are overlooking plantations for the moment.

Sector index may recover only if certain companies declare good dividends or a run started with speculative plantations. For me 2nd option is more likely.

Good post. Agree with you.

Gaja · 13 Re: Why Suddenly Plantations are Trading Mon Apr 22, 2013 8:36 pm

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UKboy wrote:

hariesha wrote:

aiyosalli wrote:It seems that most of the plantation Companies are trading.Any Reason?

This is a wrong/misleading observation. Plantations only produced 12M turnover from the total turnover of 885M. Just around 1% of the total turnover.

More significantly sector index is down by 1.14% today, producing the biggest drop from all sectors. I think investors are overlooking plantations for the moment.

Sector index may recover only if certain companies declare good dividends or a run started with speculative plantations. For me 2nd option is more likely.

Good post. Agree with you.

I got some additional shares through rights and the return was not bad

kalum · 14 Re: Why Suddenly Plantations are Trading Tue Apr 23, 2013 11:04 am

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sahan8896 wrote:

kalum wrote:I love small daily swing happened in KAHA. This is one of my favorite share. It will not make me a billionaire of course but it will always keep me alive in the market.

Once also i told you it's a great observation.Don't make it news for everyone.If few more notice it then will be hard for you to play the game.

haha sure