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Sri Lanka Equity Forum » Stock Market Talk » ELPL stable

ELPL stable

Go down  Message [Page 1 of 1]

1 ELPL stable on Wed Sep 16, 2015 2:56 pm

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
As I told everyone earlier in the forum ELPL is the most undervalued stock among plantation sector. Only during downtrend time people see the value of these kind of boring stocks.
still very much undervalued looking at there financial figures. They're maintaining these kind of results during the hardest times of operating a plantation company in Sri Lanka.

2 Re: ELPL stable on Wed Sep 16, 2015 7:45 pm

Yahapalanaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@jayathu wrote:As I told everyone earlier in the forum ELPL is the most undervalued stock among plantation sector. Only during downtrend time people see the value of these kind of boring stocks.
still very much undervalued looking at there financial figures. They're maintaining these kind of results during the hardest times of operating a plantation company in Sri Lanka.
Yes.ELPL is the best stock in plantations sector at the moment.It's still runnung in profit and paying dividends.It is getting profit by increasing palm oil plantation area.I hope their management is good.What will be their performance when tea also recover to profit

Shocked Shocked Shocked

3 Re: ELPL stable on Wed Sep 16, 2015 7:59 pm

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
I can't say what sought of profit level they might achieve if tea price turnaround, but if tea prices turnaround there profits will expediently rises. 70% of there top line is contributed by tea. There main businesss is tea followed up by palm n very small exposure into rubber.
They're making money from there joint venture of hydro power also.

4 Re: ELPL stable on Wed Sep 16, 2015 8:04 pm

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
There management is very good, they identified the imminent rubber crisis n diversified there crop accordingly. That's why companies like wata elpl doing good.
they're a proactive board not like kotagala, where they were expanding into Cambodia with rubber cultivation when rubber prices were crashing. They're heavily into rubber n bleeding money.

5 Re: ELPL stable on Thu Sep 17, 2015 8:59 am

capitallinkceylon


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
i also picked this around 21 level. going to keep this until tea prices recovers. if it doesn't i know this company wont make any losses due to there well diversified portfolio. 

Jayathu will there be any chance of a split?? I think they can split this share 1to2 and defend the current price. There EPS is 4.55, so PE ratio is 5.50, Nav is 45+. If they split PE ratio will climb to 11 and nav per share will be 23+. Well below fellow sector peer levels even after split.

6 Re: ELPL stable on Thu Sep 17, 2015 12:16 pm

VALUEPICK

avatar
Expert
Expert
There should be light at the end of the tunnel for quality tea producers in Sri-Lanka.
Strong USD is very good for tea exporters. Number one winner in this type of situation.
 
After long time western high grown tea prices have gone up above the prices of Low grown tea average prices. This is something to study.  
 
Quality tea producers will have great demand for their products from countries such as the USA, CHINA and Europe in the coming years.

7 Re: ELPL stable on Thu Sep 17, 2015 5:09 pm

peacockman


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@VALUEPICK wrote:
There should be light at the end of the tunnel for quality tea producers in Sri-Lanka.
Strong USD is very good for tea exporters. Number one winner in this type of situation.
 
After long time western high grown tea prices have gone up above the prices of Low grown tea average prices. This is something to study.  
 
Quality tea producers will have great demand for their products from countries such as the USA, CHINA and Europe in the coming years.
It will take a time... Isn't it? Current quarter & Next Quarter will not be Good for Tea Sectors.

8 Re: ELPL stable on Fri May 27, 2016 4:53 pm

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
http://www.cse.lk/cmt/upload_report_file/707_1464345852873.pdf 

good report, fundamentally sound company. Making money when other plantation companies are loosing heavily.

9 Re: ELPL stable on Fri May 27, 2016 8:26 pm

Chinwi

avatar
Associate Director - Equity Analytics
Associate Director - Equity Analytics
Tea - Balance
Rubber - Loss
Palm Oil - Profit

Next year Prediction:
Tea - small Loss or balance
Rubber - small-medium Profit
Palm Oil - Profit

If world Rubber prices maintain its growth at least by small % Coming years will be very good for ELPL

Palm oil prices and Tea Prices are falling and I hope bottom out at current levels

10 Re: ELPL stable on Sat May 28, 2016 12:57 am

Yahapalanaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@Chinwi wrote:Tea - Balance
Rubber - Loss
Palm Oil - Profit

Next year Prediction:
Tea - small Loss or balance
Rubber - small-medium Profit
Palm Oil - Profit

If world Rubber prices maintain its growth at least by small % Coming years will be very good for ELPL

Palm oil prices and Tea Prices are falling and I hope bottom out at current levels
Palm oil prices are increasing from Jan 2016





[size=12]Palm Oil





[/size]

[th]Prices + Charts + Real-Time[/th][th]News[/th][th]Show in currency[/th]
SnapshotRealtime PriceNewsUS-Dollar
Historical PricesEuro

Latest Price Palm Oil in MYR per Ton

Realtime Quote
[th]2,618.00 MYR[/th][th]47.00 MYR[/th][th]1.83 %[/th]

Trade Time05:59 AMTrade Date05/26/2016
Open0.00Previous Close2,571.00
Daily Low0.00Daily High2,618.00
52-week Low0.0052-week High0.00
[size]

News for Palm Oil

Commodity News
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  • Relevant


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05/26/16Palm oil ethics battle spreads (EN, Financial Times)
05/26/16Palm oil ethics battle spreads (EN, Financial Times)
04/24/16MP Evans could regret focus on palm oil (EN, Financial Times)
04/24/16MP Evans could regret focus on palm oil (EN, Financial Times)
03/22/16Palm oil dearth lifts soyabeans (EN, Financial Times)
03/22/16Palm oil dearth lifts soyabeans (EN, Financial Times)
02/05/16Palm-Oil Prices Hit 21-Month High, but Pessimism Creeps In (EN, The Wall Street Journal Deutschland)
12/17/15Former Palm Oil Investor Makes $27 Million Cocoa Play (EN, The Wall Street Journal Deutschland)
[size]

Palm Oil in MYR - Historical Prices


[/size][th]Date[/th][th]Closing Price[/th][th]Open[/th][th]Daily High[/th][th]Daily Low[/th]
05/25/20162,618.002,584.002,620.002,580.00
05/24/20162,574.002,530.002,578.002,516.00
05/23/20162,540.002,544.002,554.002,539.00
05/22/20162,519.002,537.002,537.002,507.00
05/19/20162,557.00
05/18/20162,552.002,600.002,600.002,548.00
05/17/20162,591.002,642.002,646.002,577.00
05/16/20162,632.002,648.002,655.002,629.00
05/15/20162,626.002,633.002,635.002,599.00
05/12/20162,635.00
[size]

Palm Oil


Palm oil is a vegetable oil obtained from the flesh of palm fruits. The palm fruit is the fruit of the oil palm, which grows primarily in Malaysia and Indonesia. These two countries together produced around 85 per cent of the global output of palm oil in 2007, which was 39 million tonnes. This is equivalent to a doubling in the production of palm oil since 1995. This is due to the fact that palm oil is now used mainly in energy production. Because palm oil can be processed more cheaply than other types of biodiesel, palm oil is now used primarily in the production of biofuels.
Palm Oil Chart in MYR - 1 Year
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[size][size]


Commodities Top Performers


[/size][/size]
Sugar0.17 USD8.15 %
Zinc1,877.40 USD2.64 %
Cotton0.64 USD2.07 %
Palm Oil2,618.00 MYR1.83 %
Lumber308.00 USD1.78 %

11 Re: ELPL stable on Sat May 28, 2016 1:20 am

VALUEPICK

avatar
Expert
Expert
I agree with that palm oil and tea prices have bottomed out. Still we need to watch in this area.
 
Sri-Lankan palm oil companies benefited mainly due to (government support) higher import duty on edible oils. Otherwise importers could have imported palm oil and other oil very cheaply. It is highly unlikely oil will go to above $100 in the short run. Rather we should see volatility. There was some short term support for some commodities mainly iron ore prices in April due to speculative trading in China. After that it went down by 27% in a month. We should see some volatility in palm oil prices as well.
 
ELPL is one of the stocks which can have some long term potential. We have to study its long term potential including cost and turnover etc.

12 Re: ELPL stable on Sat May 28, 2016 1:56 am

Yahapalanaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
Tea prices also improving(in colombo action) for last 3 months.Interesting to see performance of ELPL,WATA in next Quarters...

13 Re: ELPL stable on Sat Aug 13, 2016 4:37 am

Yahapalanaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
ELPL is still running in profit because of it's palm oil plantation.

Net profit 40M(Reduced from last year 51M)

EPS(Quarterly) =0.56

NAV = 47.02

Current price = 19.9

It's maintaining  progress while sector performing poor.

WATA & ELPL are running in profit becuause of it's Palm oil.Palm oil prices are good at world market.

14 Re: ELPL stable on Sat Aug 13, 2016 1:02 pm

Sana


Senior Equity Analytic
Senior Equity Analytic
@Yahapalanaya wrote:ELPL is still running in profit because of it's palm oil plantation.

Net profit 40M(Reduced from last year 51M)

EPS(Quarterly) =0.56

NAV = 47.02

Current price = 19.9

It's maintaining  progress while sector performing poor.

WATA & ELPL are running in profit becuause of it's Palm oil.Palm oil prices are good at world market.
what to do..no any improvement on share price..collected @20 long time before Sad

15 Re: ELPL stable on Sat Aug 13, 2016 5:39 pm

Yahapalanaya

avatar
Vice President - Equity Analytics
Vice President - Equity Analytics
@Sana wrote:
@Yahapalanaya wrote:ELPL is still running in profit because of it's palm oil plantation.

Net profit 40M(Reduced from last year 51M)

EPS(Quarterly) =0.56

NAV = 47.02

Current price = 19.9

It's maintaining  progress while sector performing poor.

WATA & ELPL are running in profit becuause of it's Palm oil.Palm oil prices are good at world market.
what to do..no any improvement on share price..collected @20 long time before Sad
They are paying dividends

WATA

 It is paying dividend 4%

It has a value 21.2

It is running in profit(238M Q1).

Current price 19.

Further profit improvement with their 1B dairy farm operation & tea price improvement.

You can peacefully sleep until rally come. Smile Smile Smile

ELPL


It is paying dividend 4%

It has a value 47.2

It is running in profit(40M Q1).

current price 19.9

This is having joint ventures and small tourist hotel.

You can peacefully sleep until rally come. Smile Smile Smile

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