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.
FINANCIAL CHRONICLE™

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

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» McDonald’s අපේ නෙමෙයි අපේ බෝස්ගේ – අබාන්ස් කියයි
by ChooBoy Today at 10:19 am

» AI Assistance for Stock Market Research and Analysis
by ChatGPT Today at 7:12 am

» Comparative Analysis of the Insurance Sector
by God Father Tue Mar 26, 2024 11:46 pm

» Sri Lanka: Why Pay Exorbitant Taxes?
by ChatGPT Tue Mar 26, 2024 10:52 pm

» LANKA CREDIT AND BUSINESS FINANCE PLC (LCBF.N0000)
by K.R Tue Mar 26, 2024 3:15 pm

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by D.G.Dayaratne Tue Mar 26, 2024 9:11 am

» SIYAPATHA FINANACE PLC (SLFL.N0000)
by ChatGPT Tue Mar 26, 2024 7:58 am

» FINANCE AND LEASING SECTOR
by ChatGPT Mon Mar 25, 2024 6:45 am

» LOLC FINANCE PLC (LOFC.N0000)
by ChatGPT Mon Mar 25, 2024 6:36 am

» CIC HOLDINGS PLC (CIC.N0000)
by ChatGPT Mon Mar 25, 2024 6:18 am

» UNION ASSURANCE PLC (UAL.N0000)
by ChatGPT Mon Mar 25, 2024 6:15 am

» First Capital Holdings PLC: Current Financial performance and future outlook
by God Father Sun Mar 24, 2024 10:58 pm

» LankaBizz: Sri Lanka's First ever Artificially Intelligent (AI) Business and Research Assistant
by God Father Sun Mar 24, 2024 7:27 am

» HOTEL AND TRAVEL SECTOR
by ErangaDS Wed Mar 20, 2024 7:22 am

» CIC Holdings Good Times Ahead
by ashan silva Mon Mar 18, 2024 11:00 am

» EPF Fund keep eye on low P/E Shares
by K.R Mon Mar 18, 2024 8:45 am

» SINS - the Tailwind effects of a crisis hit Economy
by Hawk Eye Mon Mar 18, 2024 8:37 am

» Ceylon cold stores
by Hawk Eye Mon Mar 18, 2024 8:25 am

» Asha securities Provide buy signal for CIC
by ddrperera Fri Mar 15, 2024 1:10 am

» CSE ready for another Downtrend?
by D.G.Dayaratne Thu Mar 14, 2024 11:24 am

» LankaLAW Forum : Sri Lanka’s #1 Discussion Platform for Legal Questions and Answers
by blindhog Thu Mar 14, 2024 9:14 am

» Sri Lanka poised to benefit from demand surge for ‘non-China origin’ graphite
by samaritan Wed Mar 13, 2024 1:31 pm

» LOLC hotels
by Maharaja Tue Mar 12, 2024 2:34 pm

» AEL target price ?
by suku502 Mon Mar 11, 2024 11:26 am

» WAPO 200% UP
by LAMDA Sun Mar 10, 2024 10:33 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube

Disclaimer
FINANCIAL CHRONICLE™ Disclaimer

The information contained in this FINANCIAL CHRONICLE™ 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. FINANCIAL CHRONICLE™ its blogs, forums, domains, 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, FINANCIAL CHRONICLE™ blogs, forums, domains, 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.

Further the writers and users shall not induce or attempt to induce another person to trade in securities using this platform (a) by making or publishing any statement or by making any forecast that he knows to be misleading, false or deceptive; (b) by any dishonest concealment of material facts; (c) by the reckless making or publishing, dishonestly or otherwise of any statement or forecast that is misleading, false or deceptive; or (d) by recording or storing in, or by means of, any mechanical, electronic or other device, information that he knows to be false or misleading in a material particular. Any action writers and users take in respect of (a),(b),(c) and (d) above shall be their own responsibility, FINANCIAL CHRONICLE™ its blogs, forums, domains, 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 violation of securities laws of any country, damages or loss arising out of the use of this information.


AI Live Chat

You are not connected. Please login or register

MRPH at P/E of 2

4 posters

Go down  Message [Page 1 of 1]

1MRPH at P/E of 2 Empty MRPH at P/E of 2 Thu May 30, 2013 11:05 pm

ccsentha


Vice President - Equity Analytics
Vice President - Equity Analytics

MRPH at P/E of 2.

Why is it trading at such a low P/E? it has been trading at very low p/e for a long time now. What could be the reason?

2MRPH at P/E of 2 Empty Re: MRPH at P/E of 2 Thu May 30, 2013 11:15 pm

ccsentha


Vice President - Equity Analytics
Vice President - Equity Analytics

They own and manage BOGAWANTALAWA TEA ESTATES and another 2 or so..

This sounds good ne? what is the problem with MRPH to trade at such a low P/E?

3MRPH at P/E of 2 Empty Re: MRPH at P/E of 2 Thu May 30, 2013 11:45 pm

Chinwi

Chinwi
Associate Director - Equity Analytics
Associate Director - Equity Analytics

Price went down due to Last year losses . Now they have recovered and EPS is 14.87. The share is still trading @ 29.00.

Their main plantation, BOPL EPS is 4.10, it is trading at 12.50, PE 3.

IF they maintain this income level in next couple of qtrs, the price will go at least to 60 within next few months.
In 2008 it was trading @ 60 and in 2009 @ 90

4MRPH at P/E of 2 Empty Re: MRPH at P/E of 2 Thu May 30, 2013 11:49 pm

ccsentha


Vice President - Equity Analytics
Vice President - Equity Analytics

Chinwi wrote:Price went down due to Last year losses . Now they have recovered and EPS is 14.87. The share is still trading @ 29.00.

Their main plantation, BOPL EPS is 4.10, it is trading at 12.50, PE 3.

IF they maintain this income level in next couple of qtrs, the price will go at least to 60 within next few months.
In 2008 it was trading @ 60 and in 2009 @ 90

what was the reason for last year's loss? was it bcoz BOPL made a loss due to low tea prices?

5MRPH at P/E of 2 Empty Re: MRPH at P/E of 2 Fri May 31, 2013 9:11 am

Arena


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Plantations making losses due to cyclical tea prices in the auction. The prices basically depend on the Tea demand and the supply. And also the quality of the tea. For an example if the weather is not good the quality get effected and prices come down.

The beauty is, It looks tea prices has increased breaking the normal cycle.
This may be due to the competitive advantage Srilanka got after the depreciation of currency.

For an example avg. tea price comparison.
-------2012-----2013-------Change
Jan --348--------423 ----------75
Feb --349--------422 ---------74
Mch --371--------442 ---------71
April --412-------422.50------11

Last three months data were taken from Weekly lengthy report..........

Above tea prices shows that this price increment is an abnormal one not the cyclical trend we saw in the past.
But we will not see Quarter to quarter Profit growth for tea plantations from next month on words since the prices looks stagnate around 420 and last year monthly averages also at 400 level.

6MRPH at P/E of 2 Empty Re: MRPH at P/E of 2 Sun Jun 02, 2013 12:27 pm

ccsentha


Vice President - Equity Analytics
Vice President - Equity Analytics

when other plantations are trading around 5-10 P/E why is MPRH trading at such a low p/e??

7MRPH at P/E of 2 Empty Re: MRPH at P/E of 2 Sun Jun 02, 2013 1:06 pm

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

[quote="Chinwi"]

IF they maintain this income level in next couple of qtrs, the price will go at least to 60 within next few months.

I am not sure whether they can especially next quarter or 2 due to gratuity/wages. So I would watch carefully.


Arena wrote:


"But we will not see Quarter
to quarter Profit growth for tea plantations from next month on words
since the prices looks stagnate around 420 and last year monthly
averages also at 400 level.



Part of the higher revenue/profit was due to devaluation of Rupee. So best to keey an eye on that too along with Tea prices.

Sponsored content



Back to top  Message [Page 1 of 1]

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