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

LISTED COMPANIES

Submit Post



Poll

Can there be another Covid-19 wave in Sri Lanka?

Plantation Stocks.... Vote_lcap68%Plantation Stocks.... Vote_rcap 68% [ 178 ]
Plantation Stocks.... Vote_lcap18%Plantation Stocks.... Vote_rcap 18% [ 47 ]
Plantation Stocks.... Vote_lcap13%Plantation Stocks.... Vote_rcap 13% [ 35 ]

Total Votes : 260

STOCK MARKET TRAINING
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

MARKET CHAT


CHRONICLE™ ANALYTICS


ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

LATEST TWEETS

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » Plantation Stocks....

Plantation Stocks....

5 posters

Go down  Message [Page 1 of 1]

1Plantation Stocks.... Empty Plantation Stocks.... Sun Nov 12, 2017 10:39 pm

Namal


Senior Equity Analytic
Senior Equity Analytic
Can CTBL and BOPL positive results turn the down treand of Plantation Stocks..

2Plantation Stocks.... Empty Re: Plantation Stocks.... Mon Nov 13, 2017 5:26 am

bushra03


Senior Equity Analytic
Senior Equity Analytic
Yes very positive

3Plantation Stocks.... Empty LDEV for the Win Wed Nov 15, 2017 6:50 pm

JamesL


Stock Trader
Looks like the big players brought the share down from 14.50 to collect more at a lower level before the results. 
The results far exceeded expectations with a PAT of LKR102Mn for 2QFY18, with the first 6-month PAT amounting to LKR311Mn. 
As we know plantation profits are cyclical with 1Q always producing better results due to the bumper harvest in April each year. 
LDEV profits for FY18 should amount to c. 550-600Mn. 
EPS for the year should amount to LKR9-10.
In the medium term the share should trade between LKR20-30/-
Happy trading people.

4Plantation Stocks.... Empty Re: Plantation Stocks.... Wed Nov 15, 2017 10:00 pm

bushra03


Senior Equity Analytic
Senior Equity Analytic
I dont think many expected this fabulous results from LDEV especilaay after BALA and MASK reported only LKR 30mn and LKR 23Mn only for the 2nd qtr 2017....while UDPL and some other plantations reported losses. This performance by LDEV is indeed remarkable . They have been performing consistently ( reporting a profit of close to LKR 100mn even in march 2017....before the tea prices really started to appreciate.... and it owns one of the best plantations- Agarapatana.
If BALA is at 27, MASK is at 21 and UDPL is at 42, definitely LDEV should hit 20-30 easily as you have quite rightly predicted....
( mind you BALA hit 39 , MASK 27 and UDPL 54 , last month... hence don't be surprised of LDEV share price in the next 3 months with the quality season approaching.
People who dumped the share from 14.40 to 12.50 expecting a loss or mediocre profit should be regretting now.

5Plantation Stocks.... Empty Re: Plantation Stocks.... Wed Nov 15, 2017 11:02 pm

Namal


Senior Equity Analytic
Senior Equity Analytic
LDEV will lead the plantation rally again...

6Plantation Stocks.... Empty Re: Plantation Stocks.... Thu Nov 16, 2017 7:12 am

Wimal Modawansa

Wimal Modawansa
Manager - Equity Analytics
Manager - Equity Analytics
BALA hit 39 , MASK 27 and UDPL 54 , last month!

Plantation shares are moving up and up.
HAPU 29.00
UDPL 41.30
MADU 13.00 
BALA 27.10  
LDEV 12.50  
MALX 10.00 AND
MAL 11.10.

enter at correct price

7Plantation Stocks.... Empty Re: Plantation Stocks.... Thu Nov 16, 2017 7:16 am

bushra03


Senior Equity Analytic
Senior Equity Analytic
LDEV .....hit ...????

8Plantation Stocks.... Empty Re: Plantation Stocks.... Thu Nov 16, 2017 9:01 am

anjelo

anjelo
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
not the time to enter LDEV but if you have been playing this counter, there are small chances to make some money as this shares is now searching for a price to settle down. so we see lot of volatility.but if interest goes down them the slow down trend would start.

9Plantation Stocks.... Empty Re: Plantation Stocks.... Thu Nov 16, 2017 2:04 pm

JamesL


Stock Trader
@JamesL wrote:Looks like the big players brought the share down from 14.50 to collect more at a lower level before the results. 
The results far exceeded expectations with a PAT of LKR102Mn for 2QFY18, with the first 6-month PAT amounting to LKR311Mn. 
As we know plantation profits are cyclical with 1Q always producing better results due to the bumper harvest in April each year. 
LDEV profits for FY18 should amount to c. 550-600Mn. 
EPS for the year should amount to LKR9-10.
In the medium term the share should trade between LKR20-30/-
Happy trading people.
You heard it here first  Twisted Evil Twisted Evil Twisted Evil

Sponsored content


Back to top  Message [Page 1 of 1]

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