3 rd QUARTER AND PLANTATION STOCKS

@Deodorant wrote:looks like the plantation sector massive rally

KOTA,MASK,BALA,MADU

@nish84 wrote:

KOTA,MASK,BALA,MADU

@Hope123 wrote:

@nish84 wrote:

KOTA,MASK,BALA,MADU

Today it self almost NO sellers for KOTA and MADU.  
BALA / MASK also yet to vanish the sellers only market was closed. Tomorrow would be a good day for trading on plantation shares. I guess this is due to the higher tea prices and better to dig more details about it.

@geesura wrote:same scenario will happen +25%,
+25%,+25%,-15%,-10%,-15%,-15%,-15%.watch your steps

@RJ1010 wrote:

@geesura wrote:same scenario will happen +25%,
+25%,+25%,-15%,-10%,-15%,-15%,-15%.watch your steps

Spot on mate... just like the penny stock rally this will also last a couple of days and drop suddenly... most of the plantation shares have reached their 52wk highs and riding on the news of the tea price increase.

Early to get on and get off will be the winners.
Highly unlikely for plantations to report super profits despite the tea price increase because volumes are down. Net impact on revenue and profits might be marginal. Just my thinking.

@subash81 wrote:Tomorrow
LDEV
MAL
KVAL
KGAL
UDPL

@RJ1010 wrote:

@geesura wrote:same scenario will happen +25%,
+25%,+25%,-15%,-10%,-15%,-15%,-15%.watch your steps

Spot on mate... just like the penny stock rally this will also last a couple of days and drop suddenly... most of the plantation shares have reached their 52wk highs and riding on the news of the tea price increase.

Early to get on and get off will be the winners.
Highly unlikely for plantations to report super profits despite the tea price increase because volumes are down. Net impact on revenue and profits might be marginal. Just my thinking.