WATAWALA PLANTATION PLC (WATA.N0000)

Quibit wrote:WATAWALA PLANTATIONS

ISIN :    LK0246N00005
Today’s Last Traded Price (Rs.) :    17.00
Change (Rs.) and (%) 0.90 (5.59%)
Turnover (Rs.) 3,018,755,330.00
Share Volume 150,937,901
Trade Volume 7

DKbogols wrote:WATA has 85% contribution to T/O from OIL Palm and 15% from Dairy. 

Right now Oil Palm global prices at 5yr high levels and there is lot of support from budget for Agri and well as Dairy.

WATA has been historically a high dividend yielding counter, there is the added bonus of c.10% dividend gains per annum in additional to capital gains too. 

With forward PE multiples around 6x, this share has so much more pontential than current value of around 58/- per share. 

As per my valuation, the fair value should be around 75/- minimum in 1 year with a 30% upside (around 40% including dividends)!

This is not a buy/sell recommendation. *DYOR (Do Your Own Research)

RajapaksaDON wrote:

DKbogols wrote:WATA has 85% contribution to T/O from OIL Palm and 15% from Dairy. 

Right now Oil Palm global prices at 5yr high levels and there is lot of support from budget for Agri and well as Dairy.

WATA has been historically a high dividend yielding counter, there is the added bonus of c.10% dividend gains per annum in additional to capital gains too. 

With forward PE multiples around 6x, this share has so much more pontential than current value of around 58/- per share. 

As per my valuation, the fair value should be around 75/- minimum in 1 year with a 30% upside (around 40% including dividends)!

This is not a buy/sell recommendation. *DYOR (Do Your Own Research)

Rs 1000/= wage issue doesn't affect WATA so much. Bcz they have around 2500 emplyees.

Teller wrote:Understand WATA to Sunshine Ratio. If you understand it , you will see a bright sun . Haaaaahaaa

DKbogols wrote:
Palm Oil Prices at all time high - highest price recorded in past 5 years at least!

WATA has almost 85% TO from Palm Oil which is now all time high and subject to tax benefits from Govt's new budget for Agri! Balance 15% is Dairy and Milk which is also a subject of interest by the present govt and subject tax advantages. 

WATA is poised for a high growth run especially considering that they at around 6x annualised H1 PER. 

Target price in my opinion is at 8x forward PER, which is 84/- representing a 55% upside to current MP.

This is not a BUY/SELL recommendation. DYOR.

High-flyer wrote:Can we expect good result and Generous Dividend?


FY19/20 EPS was 4.85 and Dividend of 3 declared. (Dividend Payout Ratio - 62%)

FY20/21 9 Months EPS is 6.21. We can expect 4th Quarter EPS of around 2. There for Total EPS for FY 20/21 would be close to 8.2. They already declared 3 Rupee dividend in November. 

Based on history....Expecting 2.5/3 Final Dividend....

Emdmadusanka wrote:We have seen trade good volumes last 5 days. All indicators are strong bullish,  Elpl increased 55 to 80 but Wata still at same price level. Long  journey  coming soon.
See the plam oil price 5295(all time high)

We can expect  amazing Q2 and Q3 quarter report

Niwa wrote:

Emdmadusanka wrote:We have seen trade good volumes last 5 days. All indicators are strong bullish,  Elpl increased 55 to 80 but Wata still at same price level. Long  journey  coming soon.
See the plam oil price 5295(all time high)

We can expect  amazing Q2 and Q3 quarter report

59 resistant will break tomorrow or on Monday and will sail.

Niwa wrote:

Emdmadusanka wrote:See the palm oil price increasing day by day now at 5350

https://markets.businessinsider.com/commodities/palm-oil-price

cheetah wrote:Best Palm oil company in Sri lanka. Can expect a 5 dividend this month. Currently traded at 72. Good price to enter now,