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Sri Lanka Equity Forum » Stock Market Talk » Tea prices up and up.Plantation shares down and down!

Tea prices up and up.Plantation shares down and down!

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Wimal Modawansa

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Manager - Equity Analytics
Manager - Equity Analytics
Sri Lanka tea prices at the November 2017 auctions showed gains in high, medium and low growns, a new report said.
“When analyzing the respective elevational averages, high grown average of 644.06 rupees for November 2017 show a gain of 87.82 rupees vis-à-vis 556.24 rupees of November 2016,” Forbes & Walker Tea Brokers said in their latest report.
“It is also relevant that these averages show a gain in USD terms when compared to the corresponding month of 2016.”
January – November cumulative average for 2017 totalled 617.96 rupees vis-à-vis 461.99 rupees of January – November 2016 showing a substantial gain of 155.97 rupees.

Teller

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Moderator
Vs more rain condition became supply down ...

Teller = TellerX

anjelo

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Vice President - Equity Analytics
Vice President - Equity Analytics
wait.... wait... its still collection time.
Next runs will begin once its near Q1 report finalizing times (around jan start).
Data will be leaked from somewhere for sure and you will be able to see the runs happen and end even before the numbers are out.
that's TEA for you....

Teller

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Moderator
Smile

kjojo


Manager - Equity Analytics
Manager - Equity Analytics
Teller Uba aye awada gaumak edegena waren lajja nathuwa awane

Teller

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Moderator
Ei mn lajja wenne....hahhha

kjojo


Manager - Equity Analytics
Manager - Equity Analytics
Ei Bn teller market 5800 kewe shares sell karanda keyala eth market 6700+.. and Palayan Bn yanda. Hena gahanwa yko Ubata nikan boru keyala nimisunge shares ganawata

Teller

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Moderator
Those who sold on that prices are real winners.if you check you can understand most of the companies (more than 60%] share prices were down in last 6 months.

fortuneteller

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Senior Equity Analytic
Senior Equity Analytic
Profit figures of Plantation Companies up to November is leaked to the market. As December auction prices are also high the plantation company share prices have started moving up.

Buy at correct prices and exit at the correct time.

Happy December.

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