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?

 
 
 

View results

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™ » ELPL & WATA

ELPL & WATA

+13
Bakkabwoi
Win Win
කොටස් වෙළඳපොළ2020
RJ1010
Chathur
ThivankS
Vishwanarth
Teller
High-flyer
DamithAsian
fireshelter
subash81
dmtmadusanka
17 posters

Go to page : Previous  1, 2, 3  Next

Go down  Message [Page 2 of 3]

41ELPL & WATA - Page 3 Empty Re: ELPL & WATA Mon Dec 14, 2020 10:29 pm

Win Win


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@AmateurTrader001 wrote:I hope we can expect TPL and ELPL price breakout soon.

Looking to buy more of WATA, would WATA be a wise move, or better to collect more of ELPL and TPL?

If any reason of the industry-based to move WATA price, ELPL is worth..

AmateurTrader001 likes this post

42ELPL & WATA - Page 3 Empty Re: ELPL & WATA Mon Dec 14, 2020 11:21 pm

Bakkabwoi


Manager - Equity Analytics
Manager - Equity Analytics
elpitiya big collections..will break out soon.. stay alert !

43ELPL & WATA - Page 3 Empty Re: ELPL & WATA Tue Dec 15, 2020 7:43 am

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Bakkabwoi wrote:elpitiya big collections..will break out soon.. stay alert !
Yes
Collecting 41/42 , highly discounted price

44ELPL & WATA - Page 3 Empty Re: ELPL & WATA Tue Dec 22, 2020 8:35 pm

High-flyer


Manager - Equity Analytics
Manager - Equity Analytics
Global Palm Oil Prices Sky Rocketing.

Malaysian Ringgit per Ton

As of 1 July - 2,395
As of 1 Aug - 2,780 
As of 1 Sep - 2,891
As of 1 Oct - 2,839
As of 1 Nov - 3,252
As of 1 Dec - 3,449

As of 22 Dec - 3,646

From July to Dec More than 50% Increase.


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


- Government has imposed 15% Or 36/kg CESS for 210 Litter or Below Packed Imported Palm Oil 
- As per Cabinet Decisions (21 Dec 2020), Only refined Palm oil importation will be allowed.


Positive for ELPL & WATA.



Last edited by High-flyer on Tue Dec 22, 2020 8:47 pm; edited 1 time in total

45ELPL & WATA - Page 3 Empty Re: ELPL & WATA Tue Dec 22, 2020 8:43 pm

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Compared to WATA , ELPL huge discount


Current Price WATA 54/55 ELPL 42/43 


Target Price WATA 65 and ELPL 60  

Chithi, Win Win and Invest2020 like this post

46ELPL & WATA - Page 3 Empty Re: ELPL & WATA Wed Dec 23, 2020 7:43 am

Chithi


Manager - Equity Analytics
Manager - Equity Analytics
ELPL collection is going on silently for last couple of weeks.Will start the upward journey todards 60 very soon.

subash81 likes this post

47ELPL & WATA - Page 3 Empty Re: ELPL & WATA Wed Dec 23, 2020 10:29 am

High-flyer

High-flyer
Manager - Equity Analytics
Manager - Equity Analytics
....................MP            EPS (6M)          NAV

WATA          54.40         4.51                  24.13
ELPL           42.80         5.11                   67.91


ELPL should trade above 50 easily. 

Only difference is WATA pay Dividend generously.

subash81 likes this post

48ELPL & WATA - Page 3 Empty Re: ELPL & WATA Wed Dec 23, 2020 3:40 pm

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Rupee depreciated during last week... this will automatically increase rupee revenue for export companies

49ELPL & WATA - Page 3 Empty Re: ELPL & WATA Thu Dec 24, 2020 1:16 pm

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
ELPL on the move 🏁

50ELPL & WATA - Page 3 Empty Re: ELPL & WATA Thu Dec 24, 2020 2:40 pm

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
As expected huge buying ELPL , today reached 47
Next week 50+

51ELPL & WATA - Page 3 Empty Re: ELPL & WATA Tue Dec 29, 2020 7:43 pm

High-flyer

High-flyer
Manager - Equity Analytics
Manager - Equity Analytics
Cash MAP for ELPL & WATA


Strong Buying for WATA in last few days. ELPL has good collection with some profit taking.

ELPL & WATA - Page 3 FZWsZ775R3E7r0d9lfQWcynCakqsWxv8fKvyt50iC1QoAAAAASUVORK5CYII=

Cash in % is more than 50% mean Buying side is stronger than Selling side. 

- WATA collection was extremely strong in last few days. With Palm Oil prices are rocking in Q3, good result can be expected.
- ELPL had good collection but seem retailers booked some profit on Monday. Expecting to close the Gap with WATA. EPS & NAV of ELPL is stronger than WATA.



Disc - H Both 

Chathur likes this post

52ELPL & WATA - Page 3 Empty Re: ELPL & WATA Wed Dec 30, 2020 7:43 am

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Good buying last few weeks 

WATA 65/70
ELPL 60 with results

53ELPL & WATA - Page 3 Empty Re: ELPL & WATA Thu Jan 07, 2021 10:44 am

shakthi1974


Senior Equity Analytic
Senior Equity Analytic
ELPL & WATA will fly!!! Very Happy
https://www.thestar.com.my/business/business-news/2021/01/06/crude-palm-oil-futures-breach-rm3800-mark

54ELPL & WATA - Page 3 Empty Re: ELPL & WATA Thu Jan 07, 2021 10:52 am

Chathur


Senior Equity Analytic
Senior Equity Analytic
@shakthi1974 wrote:ELPL & WATA will fly!!! Very Happy
https://www.thestar.com.my/business/business-news/2021/01/06/crude-palm-oil-futures-breach-rm3800-mark
good news for both...

55ELPL & WATA - Page 3 Empty Re: ELPL & WATA Wed Jan 13, 2021 8:12 pm

High-flyer

High-flyer
Manager - Equity Analytics
Manager - Equity Analytics
ELPL sky rocketing....

WATA Crossing 500,000 @ 58....

RJ1010 likes this post

56ELPL & WATA - Page 3 Empty Re: ELPL & WATA Fri Jan 15, 2021 10:21 am

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@subash81 wrote:Good buying last few weeks 

WATA 65/70
ELPL 60 with results

As mentioned, ELPL going to 60 
already reached 54 Very Happy

57ELPL & WATA - Page 3 Empty Re: ELPL & WATA Fri Jan 15, 2021 10:23 am

Chathur


Senior Equity Analytic
Senior Equity Analytic
@subash81 wrote:
@subash81 wrote:Good buying last few weeks 

WATA 65/70
ELPL 60 with results

As mentioned, ELPL going to 60 
already reached 54 Very Happy
ELPL board clear karaidath hithenawa...

58ELPL & WATA - Page 3 Empty Re: ELPL & WATA Mon Jan 18, 2021 10:04 am

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Chathur wrote:
@subash81 wrote:
@subash81 wrote:Good buying last few weeks 

WATA 65/70
ELPL 60 with results

As mentioned, ELPL going to 60 
already reached 54 Very Happy
ELPL board clear karaidath hithenawa...

Super profit except from ELPL and WATA due to high palm oil prices.

59ELPL & WATA - Page 3 Empty Re: ELPL & WATA Tue Feb 02, 2021 4:26 pm

RJ1010


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Excellent performance from WATA as expected! ✅

60ELPL & WATA - Page 3 Empty Re: ELPL & WATA Mon Apr 12, 2021 12:15 pm

High-flyer

High-flyer
Manager - Equity Analytics
Manager - Equity Analytics
https://economynext.com/sri-lanka-to-allow-palm-stearin-imports-other-fractions-unhealthy-80670/

- Industries will able to import Palm Oil Products
- Commonly use Palm Oil will be ban for import


Recent ban on certain commodity has massively help for Local Manufactures such as RCL, TKYO, TILE.

Same way, Palm Oil ban will help Local Palm Oil plantation companies to drive the price up and make super normal profit.

However, Long term future is uncertain with SLGOV Policy instability. Don't see any impact in next two years

dayandacool likes this post

61ELPL & WATA - Page 3 Empty Re: ELPL & WATA Mon Apr 12, 2021 12:27 pm

dayandacool

dayandacool
Moderator
Moderator
@High-flyer wrote:https://economynext.com/sri-lanka-to-allow-palm-stearin-imports-other-fractions-unhealthy-80670/

- Industries will able to import Palm Oil Products
- Commonly use Palm Oil will be ban for import


Recent ban on certain commodity has massively help for Local Manufactures such as RCL, TKYO, TILE.

Same way, Palm Oil ban will help Local Palm Oil plantation companies to drive the price up and make super normal profit.

However, Long term future is uncertain with SLGOV Policy instability. Don't see any impact in next two years

If I read it correctly, Palm plantations are to be gradually uprooted by 10% annually. Not sure what impact it could create. I believe, it will create a negative impact on long term earnings for those plantations with massive palm cultivations.

62ELPL & WATA - Page 3 Empty Re: ELPL & WATA Mon Apr 12, 2021 2:29 pm

High-flyer

High-flyer
Manager - Equity Analytics
Manager - Equity Analytics
@dayandacool wrote:
@High-flyer wrote:https://economynext.com/sri-lanka-to-allow-palm-stearin-imports-other-fractions-unhealthy-80670/

- Industries will able to import Palm Oil Products
- Commonly use Palm Oil will be ban for import


Recent ban on certain commodity has massively help for Local Manufactures such as RCL, TKYO, TILE.

Same way, Palm Oil ban will help Local Palm Oil plantation companies to drive the price up and make super normal profit.

However, Long term future is uncertain with SLGOV Policy instability. Don't see any impact in next two years

If I read it correctly, Palm plantations are to be gradually uprooted by 10% annually. Not sure what impact it could create. I believe, it will create a negative impact on long term earnings for those plantations with massive palm cultivations.

Yes. If we looking beyond five years, future is uncertain. However, 2021. not too much to worry with import restrictions and higher commodity prices.

dayandacool likes this post

Sponsored content


Back to top  Message [Page 2 of 3]

Go to page : Previous  1, 2, 3  Next

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