ELPL & WATA

High-flyer · 51 Re: ELPL & WATA Tue Dec 29, 2020 7:43 pm

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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=

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

subash81 · 52 Re: ELPL & WATA Wed Dec 30, 2020 7:43 am

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Good buying last few weeks

WATA 65/70
ELPL 60 with results

shakthi1974 · 53 Re: ELPL & WATA Thu Jan 07, 2021 10:44 am

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ELPL & WATA will fly!!! Very Happy

https://www.thestar.com.my/business/business-news/2021/01/06/crude-palm-oil-futures-breach-rm3800-mark

Chathur · 54 Re: ELPL & WATA Thu Jan 07, 2021 10:52 am

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shakthi1974 wrote:ELPL & WATA will fly!!!
https://www.thestar.com.my/business/business-news/2021/01/06/crude-palm-oil-futures-breach-rm3800-mark

good news for both...

High-flyer · 55 Re: ELPL & WATA Wed Jan 13, 2021 8:12 pm

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ELPL sky rocketing....

WATA Crossing 500,000 @ 58....

subash81 · 56 Re: ELPL & WATA Fri Jan 15, 2021 10:21 am

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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

Chathur · 57 Re: ELPL & WATA Fri Jan 15, 2021 10:23 am

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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

ELPL board clear karaidath hithenawa...

subash81 · 58 Re: ELPL & WATA Mon Jan 18, 2021 10:04 am

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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

ELPL board clear karaidath hithenawa...

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

RJ1010 · 59 Re: ELPL & WATA Tue Feb 02, 2021 4:26 pm

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Excellent performance from WATA as expected!

High-flyer · 60 Re: ELPL & WATA Mon Apr 12, 2021 12:15 pm

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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 · 61 Re: ELPL & WATA Mon Apr 12, 2021 12:27 pm

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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.

High-flyer · 62 Re: ELPL & WATA Mon Apr 12, 2021 2:29 pm

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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.