My view on WPL as follows.
I am expecting at least 30%+ profit increment over same quarter last year due to following.
1.profit impact from revision of import tax could be eliminate due to increase of Palm oil volume. ( continues planting in Oil Palm should improve the Palm oil volume compared to last year.)
2.Bad weather impact also could be eliminate due to improve of tea prices and Tea profit segment also should report at least 10% +
3. No more loss making segments ( Rubber)
4. Reduction of Admin and other cost due to effecincy of the management.
However I don't have a idea about the price trend.
TA experts plz share your views on the price trend.
But me too feel that price of WPL will not climb with sector index in ST. But due to continues improvement of the company and resent corroparate announcement it should improve the price in MT (3-6Months)