Lets not try to fish in trouble waters.
yes CI you may have partly or fully exited with profit or holding some plantations stocks, let us guide the members during trouble times.
To say as suggested by moderation team is creating panic in the name of freedom speech.
You could address your concerns in a diplomatic way with supportive analytics or research work.
Thats the need of the hour.
We can discuss overall plantation sector in the sector analysis.
when we say good to collect BALA or any share below such and such price levels, we should back up with fundamentals or technical reasons.
The tea prices in the weekly auctions are better.
I will post time to time for the benefit of members in TEC, preferably WoW.
Some delay is caused due to non availability of the data so there could be some delay from my part.
Some remarks can create /interpret in wrong way as suggested by our moderation team in members viewpoint.
Dont forget BALA made profit of 1.34EPS this quarter, and assuming same will annualized 1.34*4 = 5.36.
If we offset from 9M 13.40Rs the one off reversal Mgmt Fee & Profit Share which is approx 5.94 EPS = 7.5EPS /9M * 12M
We get Closer to 10EPS. And @25Rs its trading @ 2.50 times PER.
If we consider EPS 1.34 + 7.5 (9M) = 9Rs EPS for the Year. Assuming same EPS of Sep 17 will record in Dec 17.
At 25Rs SP/9EPS = 2.8 times PER.
So BALA looks relatively cheaper than some of the Plantation Shares.
You would recall i suggest for in the Plantation Sector analysis thread PER of 3.5 times should be ok.
Going by all these calculations BALA is getting attractive.
Yes there could be some trying to cash in on the market volatility, but as responsible forum we should be assisting fellow members.
Thats the common goal of all of us.
Price is what you pay. Value is what you get.”