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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Top Ten Tomorrow (TTT)

Top Ten Tomorrow (TTT)

Go down  Message [Page 2 of 1]

21Top Ten Tomorrow (TTT) - Page 2 Empty Re: Top Ten Tomorrow (TTT) Sun Oct 08, 2017 3:12 pm

marusira


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Hari gawa thiyena shears thama hamadama tope ten.

22Top Ten Tomorrow (TTT) - Page 2 Empty Re: Top Ten Tomorrow (TTT) Sun Oct 08, 2017 5:34 pm

ranferdi


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Harry82 wrote:Plantation share rise –recipe for a potential bubble
By Duruthu Edirimuni Chandrasekera
View(s): 108


With high tea prices recorded over the past three months, retail traders are grabbing onto plantation shares, alarming regulators as this can be a potential bubble, analysts say.
“There’s a bit of good news on the plantations sector as tea prices are high and their June quarter results have been good. So, the retailers extrapolate tea prices and gauge the values of these stocks, which may be not so good news in the long run,” an analyst told the Business Times.
Another analyst added that there’s certainly a fundamental backing in the rise of these shares, with tea prices at auctions in August averaging Rs. 606.86 per kg, up from Rs. 473.78 a year ago, as per a Forbes and Walker Tea Brokers report. Prices of teas from all three elevations rose during August with the biggest gains in the high grown varieties. But this rise in shares shouldn’t last long. “A little bit of good news in an illiquid sector like this will send prices up,” he added.
Share of Lankem Developments from June 30 to September 28 rose by 230 per cent (from Rs. 3 per share to Rs. 9.90). A share in Madulsima Plantations which was Rs. 6.70 and went up to Rs. 15.50, a 131.34 per cent surge during the same, corresponding period. A share at Udapussellawa rose by 123.08 per cent, Malwatta up by 121.43 per cent, Colombo Trust Finance by 106 per cent and Balangoda Plantations by 106 per cent during the said 3- month period.
It’s a volatile sector and retailers should exercise caution, a regulator told the Business Times. While this isn’t a replica of the 2010 era when the mafia stumped the market with pump and dump in dud shares, prolonging these share hikes could be a recipe for disaster, she said.

People with controversial track records can write anything. 

Can you point out three shares trading above  10 tines it's eps per share or two times nav.. 

Taking in to consideration that tea prices are still good we can assume the prices to remain the same for another two quarters. 

All the plantations are still trading cheap and there are lot of space to ride.  

Rising prices on fundamentals are not Bubble 

Anyways rise and falls are a part of natural market cycle and only thing we need to make sure is that no body is allowed to manipulate the markets. 

People with vested interest can write anything..

http://::::THIS EMAIL DOESNT WORK.. PLEASE CONTACT ME ON FB ACCO

23Top Ten Tomorrow (TTT) - Page 2 Empty Re: Top Ten Tomorrow (TTT) Sun Oct 08, 2017 8:56 pm

gayanath1983


Vice President - Equity Analytics
Vice President - Equity Analytics
Harry thama wikke nadda awrudu ganaka indala thiyan inna shares tika..?

24Top Ten Tomorrow (TTT) - Page 2 Empty Re: Top Ten Tomorrow (TTT) Mon Oct 09, 2017 6:24 am

ranferdi


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Tea prices are still at very  good levels. 
There is still very good value in each stocks. 
Link for tea prices

http://www.pureceylontea.com/index.php/component/k2/item/95-average-price-for-bulk-tea

http://::::THIS EMAIL DOESNT WORK.. PLEASE CONTACT ME ON FB ACCO

25Top Ten Tomorrow (TTT) - Page 2 Empty Re: Top Ten Tomorrow (TTT) Mon Oct 09, 2017 9:29 am

Wimal Modawansa


Manager - Equity Analytics
Manager - Equity Analytics
PLANTATION SHARES WHICH OFFERS VALUE PRESENTLY.
"exit before the bubble bursts'

BALA P/E OF 1.50-(NAV 100.89-MP 36.10)
MASK P/E OF 2.14-(NAV 19.19-MP 19.19)
UDPL P/E OF 2.29-(NAV 35.28-MP 45.70)
MAL P/E OF 4.11-(NAV 13.96-MP 12.10/12.50)
BOPL P/E OF 4.75-(NAV 17.39-MP 17.90)
NAMU P/E OF 4.84-(NAV 112.62-MP 92.00)
MADU P/E OF 4.89-(NAV 16.48-MP 18.20)
HAPU P/E OF 4.91-(NAV 38.25-MP 32.50)

26Top Ten Tomorrow (TTT) - Page 2 Empty Re: Top Ten Tomorrow (TTT) Mon Oct 09, 2017 10:03 am

Tissa


Manager - Equity Analytics
Manager - Equity Analytics
ACME & LCEM keep on touch

27Top Ten Tomorrow (TTT) - Page 2 Empty Re: Top Ten Tomorrow (TTT) Mon Oct 09, 2017 10:28 am

Wimal Modawansa

Wimal Modawansa
Manager - Equity Analytics
Manager - Equity Analytics
THIS IS A STAR - BALA P/E OF 1.50-(NAV 100.89-MP 36.10)

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