Sector - Plantation

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Re: Sector - Plantation

Postby Edmond » Sun Feb 04, 2018 4:53 am

Thx PAT.

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Re: Sector - Plantation

Postby Blue Whale » Tue Feb 06, 2018 7:56 am

According to my analysis different plantation sector companies have different best quarters as well as weak quarters. Same quarter will not bring same kind of result to all companies. The identification of this will help us immensely to understand the personality of different stocks. I will publish some of my findings for the betterment of TEC community.
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Re: Sector - Plantation

Postby Asitha123 » Wed Feb 07, 2018 6:19 am

Blue Whale wrote:According to my analysis different plantation sector companies have different best quarters as well as weak quarters. Same quarter will not bring same kind of result to all companies. The identification of this will help us immensely to understand the personality of different stocks. I will publish some of my findings for the betterment of TEC community.


True.
Climate of Tea growing Area's, Value additions to their crop, How they manage their stocks, Accounting practices during the financial year are the reasons.
This is my personal view, I may be wrong, Please do not take my posts as buy or Sell Recommendations. Do your own analysis before following anyone's posts.

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Re: Sector - Plantation

Postby Blue Whale » Wed Feb 07, 2018 6:56 am

And it's the right time to focus on annual earnings than a standalone quarter result.
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Re: Sector - Plantation

Postby Blue Whale » Wed Feb 07, 2018 10:23 am

LDEV, MAL and MASK having good demand today and moving in tandem. :D
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Re: Sector - Plantation

Postby Blue Whale » Thu Feb 08, 2018 1:47 pm

With the rise of LDEV in giant strides the entire plantation sector will head up as well. Keep MASK, MAL, BALA, TPL, UDPL and MADU also under your radar.
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Re: Sector - Plantation

Postby Blue Whale » Thu Feb 08, 2018 3:18 pm

So we are seeing the rise of LDEV, MAL, BALA now creeping into some others from tomorrow. Time to book your seats.
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Re: Sector - Plantation

Postby Lasa » Thu Feb 08, 2018 3:27 pm

how but MADU? Later part of the day saw some buying too

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Re: Sector - Plantation

Postby Edmond » Thu Feb 08, 2018 7:18 pm

Blue Whale wrote:So we are seeing the rise of LDEV, MAL, BALA now creeping into some others from tomorrow. Time to book your seats.


Nice to see people are happy again with TEA party. Guess next few days will be interesting.

Good luck guys.... :ymparty:

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Re: Sector - Plantation

Postby Blue Whale » Thu Feb 08, 2018 9:54 pm

අපිම ඉතින් කට්ටියව ඇහැරවල ගන්න ඕනෙ. නැත්නම් තවම කට්ටිය දොයි..
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Re: Sector - Plantation

Postby Edmond » Fri Feb 09, 2018 12:31 am

Week-06 Auction Price:

Attractive price for UVA tea.

UVA High-606.60
Wes.High-672.66

UVA Medium-562.25
Wes.Medium-581.01

Happy trading guys.... :ymapplause:

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Re: Sector - Plantation

Postby Edmond » Fri Feb 09, 2018 12:39 am

Sri Lanka tea prices up in January 2018

Author LBO
Posted on February 8, 2018 | Agriculture, Other
tea


Feb 08, 2018 (LBO) – Sri Lanka’s tea prices at auctions in January averaged 640.05 rupees and shown a growth of 43.79 rupees from an year ago, Forbes and Walker Tea Brokers said.

Prices of teas from all three elevations rose during January with the biggest gains in the high grown varieties.

“Total Auction average for January 2018 of 640.05 rupees have shown a growth not only compared to the corresponding month of 2017, but also compared to that of December 2017,” the report said.

The full report follows :

Monthly Auction Averages – January 2018

Total Auction average for January 2018 of Rs.640.05 have shown a growth not only compared to the corresponding month of 2017, but also compared to that of December 2017. With January- December 2017 averages closing on an all time high and the fact that January 2018 averages have shown a gain even over December 2017 is fairly significant.

Total Auction average for the month of January 2018 of Rs.640.05 have shown a growth of Rs.43.79 vis-à-vis Rs.596.26 of January 2017. Meanwhile it also shows a growth of Rs.18.94 vis-à-vis Rs.621.11 of December 2017. When analyzing the respective elevational averages, High Growns totalling Rs.636.82 have shown a gain of Rs.17.27 vis-à-vis Rs.619.55 of January 2017. However it shows a slight decrease when compared to December 2017 average of Rs.642.33.

Medium Growns totalling Rs.573.06 for January 2018 have shown a gain of Rs.23.92 vis-à-vis Rs.549.14 of January 2017 whilst it also shows a gain of Rs.14.89 when compared to December 2017 average of Rs.558.17. Meanwhile Low Growns totalling Rs.656.61 have shown a gain of Rs.55.49 vis-à-vis Rs.601.12 of January 2017. In the case of Low Growns a growth of Rs.26.03 is recorded vis-à-vis Rs.630.58of December 2017.

It is also relevant to note that these prices show a gain in USD terms compared to the corresponding month of 2017 barring the High Grown average for 2018 where a marginal decrease is recorded whilst a fairly significant gain both in SLR/USD terms are recorded when compared to 2016 price levels.

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Re: Sector - Plantation

Postby PAT » Fri Feb 09, 2018 1:16 am

Edmond wrote:Sri Lanka tea prices up in January 2018

Author LBO
Posted on February 8, 2018 | Agriculture, Other
tea


Feb 08, 2018 (LBO) – Sri Lanka’s tea prices at auctions in January averaged 640.05 rupees and shown a growth of 43.79 rupees from an year ago, Forbes and Walker Tea Brokers said.

Prices of teas from all three elevations rose during January with the biggest gains in the high grown varieties.

Total Auction average for January 2018 of 640.05 rupees have shown a growth not only compared to the corresponding month of 2017, but also compared to that of December 2017,” the report said.

The full report follows :

Monthly Auction Averages – January 2018

Total Auction average for January 2018 of Rs.640.05 have shown a growth not only compared to the corresponding month of 2017, but also compared to that of December 2017. With January- December 2017 averages closing on an all time high and the fact that January 2018 averages have shown a gain even over December 2017 is fairly significant.

Total Auction average for the month of January 2018 of Rs.640.05 have shown a growth of Rs.43.79 vis-à-vis Rs.596.26 of January 2017. Meanwhile it also shows a growth of Rs.18.94 vis-à-vis Rs.621.11 of December 2017. When analyzing the respective elevational averages, High Growns totalling Rs.636.82 have shown a gain of Rs.17.27 vis-à-vis Rs.619.55 of January 2017. However it shows a slight decrease when compared to December 2017 average of Rs.642.33.

Medium Growns totalling Rs.573.06 for January 2018 have shown a gain of Rs.23.92 vis-à-vis Rs.549.14 of January 2017 whilst it also shows a gain of Rs.14.89 when compared to December 2017 average of Rs.558.17. Meanwhile Low Growns totalling Rs.656.61 have shown a gain of Rs.55.49 vis-à-vis Rs.601.12 of January 2017. In the case of Low Growns a growth of Rs.26.03 is recorded vis-à-vis Rs.630.58of December 2017.

It is also relevant to note that these prices show a gain in USD terms compared to the corresponding month of 2017 barring the High Grown average for 2018 where a marginal decrease is recorded whilst a fairly significant gain both in SLR/USD terms are recorded when compared to 2016 price levels.


Thanks Edmond......
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Re: Sector - Plantation

Postby senarath67 + » Fri Feb 09, 2018 5:10 am

Thank you,Edmond.

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Re: Sector - Plantation

Postby stocks hunter » Fri Feb 09, 2018 7:41 am

Overview of tea industry in 2017

By Ceylon Tea Brokers Plc

The Sri Lankan tea industry witnessed a favourable year with an increase in production, and averages reached all-time high levels which was portentous to the industry. Though the export volumes witnessed a static growth when compared to the previous year, export revenue established an all time record high in rupee terms. Despite the ascent witnessed in the concluded year the industry continued to be plagued with geo political tension in the tea importing countries, policy decisions which affected the production of tea and temperature variability due to climate change are factors that may lag industry growth.

The total tea production of Sri Lankan tea for the year 2017 recorded 307.08 million kg in comparison to 292.57 million kg for the same period in 2016 (+14.51 million kilos). Though production increased by 14.5 million kilos, exports have increased only by 0.21 million kilos compared to the same period in 2016.

The total National Average of Teas sold for the year 2017 was Rs. 618.14 ($ 4.04) per kilo in comparison to Rs. 468.61 ($ 3.14) (+Rs. 149.53) for the same period in 2016. Low Growns having the largest market share with 64% of the production recorded the sharpest increase at (Rs. +150.66) with Mid Growns recording an increase of (Rs. +143.95) and High Growns recording an increase of (+Rs. 151.08) when compared to 2016.

Low Growns averaged Rs. 637.40, Mid Growns recorded Rs. 563.54 with High Growns at Rs. 600.93 for the cumulative period of January to December 2017.

Auction averages January/December 2017 which realised Rs. 618.14 records as the highest ever yearly auction average superseding Rs. 468.61 achieved in 2016. High, medium and low grown averages recorded for the year 2017 are also the highest ever recorded. Further these averages also record as the highest in US Dollar terms compared to previous years.

Sri Lankan Tea Exports for the period January to December 2017 amounted to 288.98 million kilos. An increase of 0.21 million kilos compared with the same period last year. The FOB average price per kilo for this period stood at Rs. 807.44 in contrast to Rs. 639.88 (Rs.+ 167.56) when compared to year 2016. The FOB value of Tea Bags has moved up in comparison to the same period in 2016. The FOB value in Tea Bags recorded Rs. 1,321.19 per kg for the year 2017 vis-à-vis Rs. 1,191.55 per kg in 2016 (+129.64). Its export volumes show a marginal increase. Tea in bulk and packets saw a substantial price increase YOY.

Country wise analysis of exports shows that the Turkey remains as the largest importer of Sri Lanka tea for the period of January-December 2017 followed by Iraq and Russia. More importantly, cumulative tea exports to Vietnam (+207%), Taiwan (+40%), Turkey (+40%), China (+30%) and UK (+23%) have increased significantly whilst Syria (-39%), Kuwait (-31%), Iran (-19%), Ukrain (-17%) and U.A.E (-14%) have shown a noticeable decline as against the corresponding period in 2016. The sharp increase in imports by Vietnam probably points out to a tea hub being operated there.

In terms of the US$ equivalent, based on the respective weighted average exchange rates, export earnings amounted to $ 1.53 billion in 2017 in comparison to $ 1.26 billion in 2016, with $ 1.34 billion in 2015 and $ 1.63 billion in 2014. The cumulative Rupee earnings recorded an All Time high with 233.34 billion as against previous best of Rs. 212.91 in 2014.

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http://www.ft.lk/agriculture/Overview-o ... /31-648919

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Re: Sector - Plantation

Postby Blue Whale » Fri Feb 09, 2018 9:02 am

Thanks SH. Very informative.
Plus not only the price but the volume also need to consider. Our predictions went upset last time was largely due to the inability to include the volume factor into calculations.
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Re: Sector - Plantation

Postby Lotus » Fri Feb 09, 2018 9:19 pm

Thank you for the informative read stocks hunter!

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Re: Sector - Plantation

Postby SHARK » Fri Feb 09, 2018 9:23 pm

A good read SH.
Price is what you pay. Value is what you get.”

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Re: Sector - Plantation

Postby PAT » Sat Feb 10, 2018 2:11 am

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

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Re: Sector - Plantation

Postby senarath67 + » Sat Feb 10, 2018 6:47 am

Thank you very much,SH.

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Re: Sector - Plantation

Postby stocks hunter » Sun Feb 11, 2018 8:50 am

2017 good year for tea with production up and prices at all time high

Ceylon tea had a good year in 2017 with production up and average prices hitting an all time high, Ceylon Tea Brokers PLC said in an industry overview published last week.

"Though export volumes were static compared to the previous year, export revenues established an all time record high in rupee terms," the report said.

But it complained that despite the favorable trends, "the industry continued to be plagued with geo-political tension in the tea importing countries, policy decisions which affected the production of tea and temperature variability due to climate change," and warned that these may affect industry growth.

Total tea production at 307.08 mn. kg. last year, was up 14.5 mn. kg. from the previous year. Despite the production gain, exports were up only a marginal 0.21 million kg. from a year earlier, the report said.

It noted that last year’s tea sale average at Rs. 618.14 (USD 4.04 a kilo) was up from Rs. 468.61 (USD 3.14) the previous year with low growns having the largest market share (64%) of the total. Price-wise, low growns averaged Rs. 637.40, mid-growns Rs. 563.54 and high-growns Rs. 600.93, the report said.

Last year’s Jan. – Dec. auction average Rs. 618.14 was the highest ever yearly auction average achieved, topping 2016’s Rs. 468.61, the report noted.

It said that Turkey remained the largest importer of Sri Lanka tea last year followed by Iraq and Russia.

"More importantly, cumulative tea exports to Vietnam (+207%), Taiwan (+40%), Turkey (+40%), China (+30%) and UK (+23%) have increased significantly whilst Syria (-39%), Kuwait (-31%), Iran (-19%), Ukraine (-17%) and UAE (-14%) have shown a noticeable decline against the corresponding period in 2016," Ceylon Tea Brokers said.

"The sharp increase in imports by Vietnam probably points out to a tea hub being operated there."

http://www.island.lk/index.php?page_cat ... tle=179694

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Re: Sector - Plantation

Postby Blue Whale » Tue Feb 13, 2018 12:45 pm

QoQ comparison of plantation company results published so far. Overall revenue dropped by 6% but PAT improved by 8%. This means that there is a drop in production QoQ but the average prices fetched by these companies are higher.
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Re: Sector - Plantation

Postby yellow bird » Tue Feb 13, 2018 2:05 pm

Thanks for the chart. To guess the results of LDEV BALA and MAL i think it is reasonable to look at tea plantations. Ie mask bopl tpl. Then the picture becomes slightly more favourable Imo.

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Re: Sector - Plantation

Postby Blue Whale » Tue Feb 13, 2018 6:12 pm

I am expecting all the MAL, LDEV and BALA to outperform my estimates for this quarter than underperformed.
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Re: Sector - Plantation

Postby SHARK » Tue Feb 13, 2018 9:54 pm

It is reported that price of fertilizer has gone up in the market. A 50kg bag of tea fertilizer which was at Rs. 2,850 has not gone up by Rs. 500 to Rs. 3,350. Meanwhile, the traders say because of this, there is a shortage of tea fertilizer.
Price is what you pay. Value is what you get.”


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