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

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images

Latest topics

» McDonald’s අපේ නෙමෙයි අපේ බෝස්ගේ – අබාන්ස් කියයි
by ChooBoy Today at 10:19 am

» AI Assistance for Stock Market Research and Analysis
by ChatGPT Today at 7:12 am

» Comparative Analysis of the Insurance Sector
by God Father Tue Mar 26, 2024 11:46 pm

» Sri Lanka: Why Pay Exorbitant Taxes?
by ChatGPT Tue Mar 26, 2024 10:52 pm

» LANKA CREDIT AND BUSINESS FINANCE PLC (LCBF.N0000)
by K.R Tue Mar 26, 2024 3:15 pm

» CENTRAL INDUSTRIES PLC (CIND.N0000)
by D.G.Dayaratne Tue Mar 26, 2024 9:11 am

» SIYAPATHA FINANACE PLC (SLFL.N0000)
by ChatGPT Tue Mar 26, 2024 7:58 am

» FINANCE AND LEASING SECTOR
by ChatGPT Mon Mar 25, 2024 6:45 am

» LOLC FINANCE PLC (LOFC.N0000)
by ChatGPT Mon Mar 25, 2024 6:36 am

» CIC HOLDINGS PLC (CIC.N0000)
by ChatGPT Mon Mar 25, 2024 6:18 am

» UNION ASSURANCE PLC (UAL.N0000)
by ChatGPT Mon Mar 25, 2024 6:15 am

» First Capital Holdings PLC: Current Financial performance and future outlook
by God Father Sun Mar 24, 2024 10:58 pm

» LankaBizz: Sri Lanka's First ever Artificially Intelligent (AI) Business and Research Assistant
by God Father Sun Mar 24, 2024 7:27 am

» HOTEL AND TRAVEL SECTOR
by ErangaDS Wed Mar 20, 2024 7:22 am

» CIC Holdings Good Times Ahead
by ashan silva Mon Mar 18, 2024 11:00 am

» EPF Fund keep eye on low P/E Shares
by K.R Mon Mar 18, 2024 8:45 am

» SINS - the Tailwind effects of a crisis hit Economy
by Hawk Eye Mon Mar 18, 2024 8:37 am

» Ceylon cold stores
by Hawk Eye Mon Mar 18, 2024 8:25 am

» Asha securities Provide buy signal for CIC
by ddrperera Fri Mar 15, 2024 1:10 am

» CSE ready for another Downtrend?
by D.G.Dayaratne Thu Mar 14, 2024 11:24 am

» LankaLAW Forum : Sri Lanka’s #1 Discussion Platform for Legal Questions and Answers
by blindhog Thu Mar 14, 2024 9:14 am

» Sri Lanka poised to benefit from demand surge for ‘non-China origin’ graphite
by samaritan Wed Mar 13, 2024 1:31 pm

» LOLC hotels
by Maharaja Tue Mar 12, 2024 2:34 pm

» AEL target price ?
by suku502 Mon Mar 11, 2024 11:26 am

» WAPO 200% UP
by LAMDA Sun Mar 10, 2024 10:33 pm

LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US


Send your suggestions and comments

* - required fields

Read FINANCIAL CHRONICLE™ Disclaimer



EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube

Disclaimer
FINANCIAL CHRONICLE™ Disclaimer

The information contained in this FINANCIAL CHRONICLE™ have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein. FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever. Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, FINANCIAL CHRONICLE™ blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

Further the writers and users shall not induce or attempt to induce another person to trade in securities using this platform (a) by making or publishing any statement or by making any forecast that he knows to be misleading, false or deceptive; (b) by any dishonest concealment of material facts; (c) by the reckless making or publishing, dishonestly or otherwise of any statement or forecast that is misleading, false or deceptive; or (d) by recording or storing in, or by means of, any mechanical, electronic or other device, information that he knows to be false or misleading in a material particular. Any action writers and users take in respect of (a),(b),(c) and (d) above shall be their own responsibility, FINANCIAL CHRONICLE™ its blogs, forums, domains, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental violation of securities laws of any country, damages or loss arising out of the use of this information.


AI Live Chat

You are not connected. Please login or register

RPCs in quandary over 5000 acres rule

+2
Yahapalanaya
ice4083
6 posters

Go down  Message [Page 1 of 1]

1RPCs in quandary over 5000 acres rule Empty RPCs in quandary over 5000 acres rule Sun Nov 13, 2016 8:04 pm

ice4083


Senior Equity Analytic
Senior Equity Analytic

http://www.sundaytimes.lk/161113/business-times/rpcs-in-quandary-over-5000-acres-rule-216602.html

this was a good point in the budget. lot of RPCs maintain a heavy head offices cost in Colombo, when elderly planters in the estates become too old and sick they are transferred to the head office to spend the rest of their days in a comfy chair in an nice AC room. RK will have lot of opposition buy by doing this, if this goes through there will be smaller manageable plots spread over a wide section of owner ships. No effect on the share prices yet.

2RPCs in quandary over 5000 acres rule Empty Re: RPCs in quandary over 5000 acres rule Tue Nov 15, 2016 12:51 am

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

WATA,ELPL are continuing it's profit trend because of palm oil.Now tea prices also picking up.Good to watch BALA,KOTA too in coming quarters.

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

Invest in ELPL and WATA. This rule is applicable to one company holding 5000 each maximum. Most of these companies will put a subsidiary and mitigate this issue.

KOTA wont recover anytime soon yahapalanaya. Most of there Acreage is Rubber. Tea most of the companies are break-even or slightly loss. KOTA has a big finance cost which is at a absorb rate due to there debenture issue two yrs ago. Dont invest in kota which i have saying for last two yrs. As you can see it has come down from 45level to 9bucks level. It'll be a penny stock within two yrs if rubber doesn't recover. They're selling off there investment assets to finance capital requirements and for cash flow requirements.

EquityChamp

EquityChamp
Moderator
Moderator

Similarly the CFLB group except LITE and CWM. All others are in dark at the moment.

5RPCs in quandary over 5000 acres rule Empty Re: RPCs in quandary over 5000 acres rule Tue Nov 15, 2016 11:27 am

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Most of plantation companies are badly managed and lot of corruptions

No future for plantation companies under presen circumstances in general

There may be some exceptions

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

No point talking about LANKEM group. All there companies are making losses other than CWM. BAd management is the main issue

darrenadanm


Equity Analytic
Equity Analytic

D.G.Dayaratne wrote:Most of plantation companies are badly managed and lot of corruptions

No future for plantation companies under presen circumstances in general

There may be some exceptions


is it really the corruption and bad management is the issue ? i thought its a macro factor in world market...

if so what plantation companies are exception from these corruption and bad management ? what are the best plantation companies ?



Last edited by darrenadanm on Tue Nov 15, 2016 3:47 pm; edited 1 time in total

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

ELPL n WATA is the best managed.

Main issue was macro economic and mismanagement made plantation companies to make huge losses. ELPL n WATA diversified there plantation without depending on one or two crop. Lankem didn't diversify there crop and only did rubber n tea. There management was naive to think rubber n tea will be stable.

Look at ELPL, they diversified into Palm oil, then Hydro power. when raw tea prices were coming down they went into value added tea and partnered with a Chinese tea company to export branded tea to china. Look at there profits from there joint venture. It's delivering impressive results to there bottom line. There Main source of revenue is tea, but that's running at a small loss. Palm is giving them huge profit and tea joint venture also.
Just imagine if tea prices turnaround, how well this company will be doing.
CMP 19
EPS 6 months 1.90
Annulaised PE ratio is 5
NAV 48

I have bought ELPL, so look at there financials and make up your mind. Above reasoning is why i invested in ELPL.

Yahapalanaya

Yahapalanaya
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

jayathu wrote:ELPL n WATA is the best managed.

Main issue was macro economic and mismanagement made plantation companies to make huge losses. ELPL n WATA diversified there plantation without depending on one or two crop. Lankem didn't diversify there crop and only did rubber n tea. There management was naive to think rubber n tea will be stable.

Look at ELPL, they diversified into Palm oil, then Hydro power. when raw tea prices were coming down they went into value added tea and partnered with a Chinese tea company to export branded tea to china. Look at there profits from there joint venture. It's delivering impressive results to there bottom line. There Main source of revenue is tea, but that's running at a small loss. Palm is giving them huge profit and tea joint venture also.
Just imagine if tea prices turnaround, how well this company will be doing.
CMP 19
EPS 6 months 1.90
Annulaised PE ratio is 5
NAV 48

I have bought ELPL, so look at there financials and make up your mind. Above reasoning is why i invested in ELPL.
Agree.WATA too did same.It diversified into Dairy farm joint venture.WATA & ELPL will show robo result in coming quaters with current tea price and palm oil price.

For those who want to take risk try BALA too.It has net asset value over 93.Current tea prices it could profit making company.

Sponsored content



Back to top  Message [Page 1 of 1]

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