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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Is it time to go behind tea stocks?

Is it time to go behind tea stocks?

+10
peacockman
Gainer
gayanath
jayathu
soileconomy
samaritan
anjelo
Nuwan Prasad
nimantha80
VALUEPICK
14 posters

Go to page : 1, 2  Next

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1Is it time to go behind tea stocks? Empty Is it time to go behind tea stocks? Mon Jun 22, 2015 8:18 pm

VALUEPICK

VALUEPICK
Expert
Expert

http://allafrica.com/stories/201506210177.html
 
Kenya: Tea Auction Prices Post Highest Six Month Mark
 
IMF also forecasted recover in tea prices from 2015.
 
Is it wise to wait until next quarter?

2Is it time to go behind tea stocks? Empty Re: Is it time to go behind tea stocks? Tue Jun 23, 2015 1:42 am

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

help coming from exchange rate as well

3Is it time to go behind tea stocks? Empty Re: Is it time to go behind tea stocks? Tue Jun 23, 2015 3:12 am

Nuwan Prasad


Manager - Equity Analytics
Manager - Equity Analytics

http://www.randora.lk/index.php/markets/corporate-news-announcements/item/3969-t-senthilverl-%E0%B6%AD%E0%B7%9A-%E0%B6%BB%E0%B7%83-%E0%B7%80%E0%B7%90%E0%B6%A9%E0%B7%92-%E0%B6%9A%E0%B6%BB%E0%B6%BA%E0%B7%92

4Is it time to go behind tea stocks? Empty Re: Is it time to go behind tea stocks? Tue Jun 23, 2015 5:44 am

anjelo

anjelo
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

If there is a tea rally, keep an eye on HVA as well. they export tea and value added tea, they have won three national awards for 2014 as well. the HVA share price is at low levels now.
 easily 10 - 11 levels reachable. I have kept a good eye on this share and gained so much from this.
recommend this share for short to mid term trades. very good buy price range 8.20 to 8.50.
if it passes 9.20 the a rally would start.

5Is it time to go behind tea stocks? Empty Re: Is it time to go behind tea stocks? Tue Jun 23, 2015 7:12 am

samaritan


Moderator
Moderator

HVA enjoys a strong niche market in the tea sector and Company turnaround is on the cards.

6Is it time to go behind tea stocks? Empty Re: Is it time to go behind tea stocks? Tue Jun 23, 2015 7:20 am

anjelo

anjelo
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

yes turn around is on the cards.
people who can invest for a mid term plan can profit more than 30%

7Is it time to go behind tea stocks? Empty Re: Is it time to go behind tea stocks? Tue Jun 23, 2015 9:35 am

anjelo

anjelo
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

HVA, over 1 million shares traded today

8Is it time to go behind tea stocks? Empty Re: Is it time to go behind tea stocks? Tue Jun 23, 2015 12:24 pm

VALUEPICK

VALUEPICK
Expert
Expert

There will be light at the end of the tunnel for tea stocks. They will never stay low for a long period. Tea prices can have volatility but it cannot stay below the cost level for a long period.

9Is it time to go behind tea stocks? Empty Re: Is it time to go behind tea stocks? Tue Jun 23, 2015 4:29 pm

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics

There are good positive factors for the tea industry.Improved and most wanted foreign currency will give benefit to the country and industry. Relaxation of Iranian sanctions will improve tea exports. Promotions done by tea board will yield results through non traditional markets.

10Is it time to go behind tea stocks? Empty Re: Is it time to go behind tea stocks? Tue Jun 23, 2015 4:44 pm

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

both tea and rubber plantations are leading the way in 52 week low list.except for WATA and TPL others are not doing well and gives dividends.The glory days wont come again where KGAL traded 250 and NAMU,KVAL were flying.With negative eps theres hardly a dividend.

11Is it time to go behind tea stocks? Empty Re: Is it time to go behind tea stocks? Tue Jun 23, 2015 6:51 pm

jayathu


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

WATA TPL ELPL will do well, look at there eps nav P/E ratio levels. I expect these shares to make a big run within a yr. look at Elpl eps level during worst tym fr plantation is around 4. I expect this to increase to 6-8 levels if tea industry rebounds cause 75% of its revenue generated from tea plantation.

12Is it time to go behind tea stocks? Empty Re: Is it time to go behind tea stocks? Tue Jun 23, 2015 6:53 pm

gayanath


Manager - Equity Analytics
Manager - Equity Analytics

my share is TPL,,,wow amzing. see the quarterly report

13Is it time to go behind tea stocks? Empty Re: Is it time to go behind tea stocks? Tue Jun 23, 2015 6:54 pm

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics

ELPL profit sure

14Is it time to go behind tea stocks? Empty Re: Is it time to go behind tea stocks? Wed Jun 24, 2015 5:01 am

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics

To be honest I am collecting Bogawanthalawa plantation.but it is mid term investment.

15Is it time to go behind tea stocks? Empty Re: Is it time to go behind tea stocks? Wed Jun 24, 2015 8:39 am

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

yesterday heard a news that workers demanding 1000 per day.

16Is it time to go behind tea stocks? Empty Re: Is it time to go behind tea stocks? Wed Jun 24, 2015 8:41 am

gayanath


Manager - Equity Analytics
Manager - Equity Analytics

TPL best hidden gem...

17Is it time to go behind tea stocks? Empty Re: Is it time to go behind tea stocks? Wed Jun 24, 2015 8:54 am

soileconomy

soileconomy
Vice President - Equity Analytics
Vice President - Equity Analytics

[quote="nimantha80"]yesterday heard a news that workers demanding 1000 per
That is the most worrying factor in the industry and it is highly connected to politics.Employers are in the view of productivity should be link to the work output.if so then good for the industry

18Is it time to go behind tea stocks? Empty Re: Is it time to go behind tea stocks? Wed Jun 24, 2015 9:06 am

nimantha80


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

soileconomy wrote:
nimantha80 wrote:yesterday heard a news that workers demanding 1000 per
That is the most worrying factor in the industry and it is highly connected to politics.Employers are in the view of productivity should be link to the work output.if so then good for the industry
their demands are backed by politicians like digambaram  who can make political changes.So demands can't be ignored.

19Is it time to go behind tea stocks? Empty Re: Is it time to go behind tea stocks? Wed Jun 24, 2015 11:46 am

samaritan


Moderator
Moderator

nimantha80 wrote:
soileconomy wrote:
nimantha80 wrote:yesterday heard a news that workers demanding 1000 per
That is the most worrying factor in the industry and it is highly connected to politics.Employers are in the view of productivity should be link to the work output.if so then good for the industry
their demands are backed by politicians like digambaram  who can make political changes.So demands can't be ignored.

Two key Ministry portfolios to Thonda & Diga problem solved! These are known as quick fix.

20Is it time to go behind tea stocks? Empty Re: Is it time to go behind tea stocks? Thu Jun 25, 2015 8:20 am

VALUEPICK

VALUEPICK
Expert
Expert

I believe sometimes there may be splits in plantations stocks such as NAMU, KGAL and MPRH. In the past we saw hardly any liquidity in stocks such as WATA and SUN before their splits. I also  believe just like Kenyan auction tea prices we should see improved auction prices for Indian and Sri-Lankan tea as well. As I said before tea prices cannot stay below the cost of production for a long period.  If that happen, remaining tea producers also will stop their tea business and there will be severe shortage in tea globally. 

21Is it time to go behind tea stocks? Empty Re: Is it time to go behind tea stocks? Thu Jun 25, 2015 8:49 am

peacockman


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

Dear Valuepick,
Could you suggest which shares of Tea Sector may rise up?

22Is it time to go behind tea stocks? Empty Re: Is it time to go behind tea stocks? Thu Jun 25, 2015 12:08 pm

VALUEPICK

VALUEPICK
Expert
Expert

Dear Peacockman
 
Some industries are cyclical. Some are not cyclical. It is wise to keep stocks in both types of cyclicals to get benefit from different types of cyclicals. Those days MASK was top price mover in the tea sector. WATA outperformed all others in good and bad times in one period. Later KOTA, NAMU, KVAL and KGAL took leading positions in the plantation sector mainly due to higher rubber prices then. Have a comparison in this sector. Then you can find stocks which can have more value. I believe both TPL and MPRH could have more upside potential due to attractive value when compare with other stocks.  Both TPL and MPRH (Management Company of Bagawantalawa plantations) have some of the best high quality tea in the world and they should get premium prices for their tea in the future.
 
We have to do more study. It is time to follow tea prices closely. We should see recovery in tea prices in this year. In Kenya, tea prices bottomed out in the later part of 2014 and now they are getting attractive tea prices. I believe this trend should follow in Indian and Sri-Lanka market as well. Up to May there is 11% drop in global tea output. Inventory level should go down towards end of this year and in 2016. There could be some   weather issues in tea growing areas in Kenya and India. Finally still we haven’t seen the longest bull market for tea. The USA should drive the tea prices in the coming decade. Starbucks will do revolution in tea in the coming decade. There will be day for tea. It is an emerging commodity in the world. Have some study. Don’t buy and sell stocks without any valid reasons. It is better to buy stocks in pullback unless they are in very bullish mood which can break their all time high again and again. Finally all tea stocks will go up when we see higher tea prices. Before buying tea stocks have  a study on the cost of production and future trends in the global tea market. On valuation some tea stocks are attractive.
 

Good luck!

23Is it time to go behind tea stocks? Empty Re: Is it time to go behind tea stocks? Fri Jun 26, 2015 5:05 am

peacockman


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

VALUEPICK wrote:Dear Peacockman
 
........ Don’t buy and sell stocks without any valid reasons. It is better to buy stocks in pullback unless they are in very bullish mood which can break their all time high again and again. Finally all tea stocks will go up when we see higher tea prices. Before buying tea stocks have  a study on the cost of production and future trends in the global tea market. On valuation some tea stocks are attractive.
 

Good luck!
Thanks a lot Dear V.P for your valuable advice! I'll follow your advice!

24Is it time to go behind tea stocks? Empty Re: Is it time to go behind tea stocks? Fri Jun 26, 2015 6:20 am

hettdas

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

If tea prices up BIL & FLCH also have a good future ahead.

25Is it time to go behind tea stocks? Empty Re: Is it time to go behind tea stocks? Thu Jul 02, 2015 1:00 pm

VALUEPICK

VALUEPICK
Expert
Expert

It is time to study accumulation pattern of tea stocks including tea prices chart in the coming weeks and months.

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