WATA Community

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sashimaal
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Re: WATA Community

Postby sashimaal » Fri Aug 18, 2017 5:31 pm

"Knowledge is being aware of what you can do. Wisdom is knowing when not to do it" - Brian Tracy

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Re: WATA Community

Postby newer1 » Sat Sep 16, 2017 10:17 pm

WATA is showing nice trading Opportunity.It was consolidated for last few weeks after forming 52 Weeks High.Now it broken the upper Resistant line of Ascending Triangle Pattern. other Indicators nicely showing Bullish Signs.Released last Quarter Report was so good and now we all are in Plantation rally. :-bd
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Re: WATA Community

Postby SHARK » Sat Sep 16, 2017 10:46 pm

Thanks BW for highlighting .....
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Re: WATA Community

Postby PAT » Sun Sep 17, 2017 1:16 am

Thanks BW.....
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Re: WATA Community

Postby NC+ » Sun Sep 17, 2017 5:10 am

Thanks newer 1... That's a nice asc.triangle. :D :-bd
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Re: WATA Community

Postby Chanuth » Mon Sep 18, 2017 8:35 am

mmmm''''' THANKS newer 1

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Re: WATA Community

Postby StockFlashSL » Mon Sep 18, 2017 9:03 am

Good spotting Newer1. However it's yet to break the resistance level. It could today.

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Re: WATA Community

Postby GB » Mon Sep 18, 2017 5:03 pm


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Re: WATA Community

Postby GB » Tue Sep 26, 2017 4:20 pm


PAT
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Re: WATA Community

Postby PAT » Tue Sep 26, 2017 5:05 pm

Thanks GB........
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Without compromising your ability to Live Tomorrow……… :)

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Re: WATA Community

Postby PAT » Fri Sep 29, 2017 4:55 am

Watawala Dairy joins hands with PBSS for SAP Business One ERP

http://www.dailynews.lk/2017/09/29/busi ... ss-one-erp
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Re: WATA Community

Postby GB » Tue Oct 10, 2017 11:49 am

How about the price range of Rs 27 to 25 ...... :-w

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Re: WATA Community

Postby donpmg » Fri Oct 13, 2017 8:14 pm

Can we expect a dividend announcement this month??

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Re: WATA Community

Postby Contra » Sun Oct 15, 2017 10:23 am

donpmg wrote:Can we expect a dividend announcement this month??


We have to wait and see. Surprisingly, its share prices fell down below Rs.30 on Friday.

GB said

How about the price range of Rs 27 to 25 ......

It look like GB can see pullback in stocks.
Company, stock market, politics and the economy are four different things.

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Re: WATA Community

Postby donpmg » Sun Oct 15, 2017 12:05 pm

Indeed surprising and if it pulls back further, it looks very good to collect at 25-27 range!

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Re: WATA Community

Postby yellow bird » Sun Oct 15, 2017 12:24 pm

Because of the separation and expected listing of tea sector.

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Re: WATA Community

Postby Lotus » Mon Oct 23, 2017 3:23 pm

Watawala spins off tea biz; listing of new entity via introduction

Watawala Plantations PLC (WATA) has spun off its tea segment operations from its palm oil business—a move the holding company has been planning from the beginning of the financial year 2017/18. WATA earlier said its operating assets and liabilities of upcountry tea business segment would be vested under newly formed entity, Hatton Plantations Limited.

As at September 30, 2017, WATA shareholder were issued with Hatton Plantations shares at a reference price of Rs.7.62 per share for each WATA ordinary share they held. At the end of the last week’s trading, Watawala share ended 10 cents or 0.33 percent higher at Rs.30.

As of June 30, 2017, Estate Management Services (Pvt) Limited held 75.65 percent stake in Watawala Plantations while the high net worth investor, Dr.T. Senthilverl held another 10.10 percent stake being the second largest shareholders of the company.

The unbundling of the two businesses will enable Watawala Plantations to keep its problem child at a distance.

However, the shareholders will like to see a new management team focusing fully on reviving the ailing tea business under the new structure.

Changing weather conditions, labour related issues and instability in key markets have contributed to the decline of Sri Lanka’s tea market.

Hatton Plantations is now seeking a listing in the Colombo Stock Exchange via an introduction, and shares should begin trading from early next month, according to people familiar with the arrangements.

Besides, tea and palm oil, Watawala Plantations also has a dairy subsidiary, Watawala Dairy Limited and is also engaged in exporting of tea, cinnamon and timber.

During its first quarter ended in June 30, Watawala Plantations group reported a net profit of Rs.379.3 million or Rs.1.59 a share, up 58 percent over the same period last year.

Source: http://www.dailymirror.lk/article/Wataw ... 38963.html

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Re: WATA Community

Postby PAT » Thu Oct 26, 2017 5:58 pm

WATAWALA PLANTATIONS - CORPORATE DISCLOSURE

https://cdn.cse.lk/cmt/upload_cse_annou ... 15569_.pdf
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Re: WATA Community

Postby donpmg » Wed Nov 08, 2017 8:57 pm

Expert Opinions on the quarterly report??

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Re: WATA Community

Postby GB » Wed Nov 08, 2017 9:34 pm

donpmg wrote:Expert Opinions on the quarterly report??


No doubt about the performance. But I think better to wait till the price established.

However below 30 would not be a bad price for a LT investors as per my view.

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Re: WATA Community

Postby prasa2004 » Thu Dec 14, 2017 1:35 pm

FC Research - Strong Buy

https://www.firstcapital.lk/wp-content/ ... 2017-1.pdf

Key takes
> FV 40
> PBT and GP drops due to slowdown in palm oil
>Dairy to be profitable beyond FY19E while palm oil to continue profit rally

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Re: WATA Community

Postby donpmg » Fri Jan 05, 2018 11:45 pm

No dividend in Oct/Nov this time around :-(...

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Re: WATA Community

Postby nuwandwo » Mon Jan 08, 2018 9:54 am


donpmg
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Re: WATA Community

Postby donpmg » Mon Jan 08, 2018 10:31 pm

Need some expert opinion on the impact of this repurchase on the share price!

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Re: WATA Community

Postby nuwandwo » Mon Jan 15, 2018 3:57 pm

Guys , heard a news that there will be a new company called "hatton plantation" & current tea operation of Watawala will transfer to this new company. ( watawala will only keep other business like palm oil ..etc) .

P.S:- I got to know this from my broker. According to him , already some shares have been privately transferred.

Don't know the credibility of the news , Anyone know about this ?


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