Kegalle Plantations PLC Corporate News Update
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Kegalle Plantations PLC Corporate News Update
Tharu Wed Apr 10, 2013 1:47 pm
By LOLC Securities
1st April 2013
1st April 2013
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Tharu- Posts : 117
Reputation : 9
Wrong NSA figure for rubber.
hariesha Wed Apr 10, 2013 11:54 pm
This LOSL report assumes that NSA for rubber is Rs.450/-. But actually it's around Rs.350/- and stable on that range during last six months.
No doubt KGAL is one of the very few plantation companies that should be in a portfolio, but if LOSL made calculations based on a NSA of Rs.450/- which is 28% above the actual NSA, valuations of the report is doubtful.
No doubt KGAL is one of the very few plantation companies that should be in a portfolio, but if LOSL made calculations based on a NSA of Rs.450/- which is 28% above the actual NSA, valuations of the report is doubtful.
hariesha- Posts : 74
Reputation : 43
Rubber prices
balapas Sun Apr 28, 2013 5:44 pm
There is a further reduction in average price its around RS330
balapas- Posts : 5
Reputation : 0
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