as suggested by SH and most members, palm oil harvest will be after three years, MAL will start planting the oil palm nurseries towards the year end (2017). And if one can hold MAL say for 4 year, should see MAL rising the ranks similar to WATA and ELPL.
there is a ready market within srilanka for palm oil as our imports exceeds domestic production.
the current cultivation is around 10k Ha. where as the requirement is around 20Ha land mass.
lets hope they stay on course and also reward the shares holders from time to time with a decent payout.
if favourable tea prices can be maintained across till 2020, there will be great relief for the company/group of its positive cash flow.
MAL is a LT share after reviewing their analytics, shared by SH.
you can not blame people selling now due to performance of some of the other tea companies.
but we should avoid painting with same brush certain shares that performed well with the rest who have not performed well.
so we need to be careful in that sense, as we could loose sighting small important details by looking at the bigger picture.
look at ELPL, WATA.
will MAL be next ELPL in terms of showing postive net earnings QoQ despite fluctuations in our tea prices.
monitor closely the previous quarters and if you are still unsure about it monitor the next few quarters as well before your decision is made to hold,sell or buy.
Price is what you pay. Value is what you get.”