The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» තෙල් බැරලය ඩොලර් 100 ට යන ලකුණු?
Yesterday at 10:52 pm by nihal123

» රු. බිලියන 11 ක කොටස් ජනශක්ති ඉන්ෂුවරන්ස් යළි මිල දී ගනී
Yesterday at 10:51 pm by nihal123

» බැංකු යනවා නම් උදෙන්ම යන්න – හෙට බැංකු වරුවයි
Yesterday at 10:49 pm by nihal123

» Sri Lanka’s Cargills Bank to list in 2020
Yesterday at 10:10 pm by nihal123

» Sri Lanka’s eChannelling offers video medical consultations, drug delivery
Yesterday at 10:09 pm by nihal123

» Sri Lanka Telecom sees data revenue growing, margins falling
Yesterday at 10:09 pm by nihal123

» Sri Lanka gold, jewellery price up after tax hike
Yesterday at 10:08 pm by nihal123

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
Yesterday at 8:29 pm by pjrngroup

» Films - To Watch List
Yesterday at 8:12 pm by pjrngroup

» Colombo Tea Auction Statistics - Q1 17 Vs Q1 18
Yesterday at 1:34 pm by yellow knife

» Sri Lanka 01-year Treasuries yield drops to 9.65-pct
Yesterday at 7:29 am by yellow knife

» Sri Lanka's TAFL says exports of parent chicks up, weak domestic demand
Yesterday at 6:09 am by The Invisible

» Sri Lanka stocks gain 0.12-pct, rupee steadier
Yesterday at 6:07 am by The Invisible

» Russia Sanctions Throw Global Aluminum Supply Chain Into Chaos
Wed Apr 18, 2018 11:27 am by sashimaal

» LIOC.N0000 (Lanka IOC PLC)
Tue Apr 17, 2018 2:00 pm by yellow knife

» Sri Lanka economy to rebound, delaying reforms pose risks: World Bank
Tue Apr 17, 2018 7:28 am by The Invisible

» Sri Lanka's central bank fires salvo against cryptocurrencies
Tue Apr 17, 2018 7:25 am by The Invisible

» Sri Lanka hotel group Citrus Leisure to drop Kalpitiya hotel
Mon Apr 16, 2018 11:06 am by lanka

» Sri Lanka's CPC losse Rs9.8bn on fuel sales in two months
Mon Apr 16, 2018 7:20 am by yellow knife

» Sri Lanka US$2.5bn bond timing brought strong demand: Standard Chartered
Sun Apr 15, 2018 9:39 pm by The Invisible

» Sri Lanka President buys time for political manoeuvring
Sat Apr 14, 2018 10:19 am by කිත්සිරි ද සිල්වා

» IMF head warns China on exporting debt through 'Silk Road' amid Sri Lanka troubles
Fri Apr 13, 2018 7:49 am by The Invisible

» ශ්‍රී ලංකාවේ ණය බර ස්වාසිලන්තය, රුවන්ඩා, ඉතියෝපියාව අභිබවයි
Fri Apr 13, 2018 12:19 am by CK

» Sri Lanka to revive oil exploration, bidding round in May 2018
Thu Apr 12, 2018 9:16 am by The Invisible

» Sri Lanka cabinet re-shuffle talks ongoing: Rajitha
Thu Apr 12, 2018 9:12 am by The Invisible

» Sri Lanka sells record US$2.5bn in 5, 10-year sovereign bonds
Thu Apr 12, 2018 8:01 am by The Invisible

»  5000 Post Milestone - Congratulations
Wed Apr 11, 2018 11:56 pm by The Invisible

» Elsewhere vs SL : Honesty, Social responsibility , Word twisting and Decency
Wed Apr 11, 2018 11:40 pm by The Invisible

» Hello and CSE ?
Wed Apr 11, 2018 11:24 pm by The Invisible

» Dividend Announcement
Wed Apr 11, 2018 10:14 am by nihal123

» සංචාරකයින්, විදෙස් ශ්‍රමිකයින් ලංකාවට ඩොලර් ගෙනාවේ මෙහෙමයි
Wed Apr 11, 2018 8:26 am by කිත්සිරි ද සිල්වා

» රෝයල් ෆර්න්වුඩ් සමාගමේ ණය, දංකොටුව ‘කොටස්‘ කරයි
Tue Apr 10, 2018 10:00 pm by nihal123

» MBSL ඉන්ෂුවරන්ස් ආයෝජකයාට නියාමකයින් හරහට හිටී
Tue Apr 10, 2018 9:59 pm by nihal123

» වසරේ මුල් මාස 03 ට පැමිණි විදෙස් සංචාරකයින් සංඛ්‍යාව ලක්ෂ 7 ඉක්මවයි
Tue Apr 10, 2018 8:35 pm by nihal123

» Building an automated trading system from scratch
Tue Apr 10, 2018 9:41 am by CK

» ලංකාවේ සුපිරිම දුම්රිය ස්ථානය
Tue Apr 10, 2018 8:38 am by කිත්සිරි ද සිල්වා

» CSE Ahead : Post No confidence motion + CB actions
Mon Apr 09, 2018 9:49 am by Yin-Yang

» Happy Birthday
Thu Apr 05, 2018 10:28 pm by pjrngroup

» මහ බැංකුව නිත්‍ය ණය පොළිය අඩුකරන්න හේතු වූ කරුණු මෙන්න
Wed Apr 04, 2018 2:31 pm by nihal123

» Expert says debt repayment levy ends up 0.25% on financial VAT
Fri Mar 30, 2018 1:56 pm by TraderCSE

» ලංකාවට ජීඑස්පී දෙන්න ඩොනල්ඩ් ට්‍රම්ප් එකඟ වෙයි
Thu Mar 29, 2018 11:11 pm by spw19721

» ඇඳුම ලක්ෂ 3හමාරයි! ඔරලෝසුව ලක්ෂ 50යි! සොෆ්ට්ලොජික් හිමිකරු පිටුපස කතාව මෙන්න..!
Thu Mar 29, 2018 4:11 pm by AjithR

» Banking Sector Outlook-
Thu Mar 29, 2018 1:38 pm by SAFEER

»  EAP එකට සිංගප්පූරුවෙන් ඩොලර් මිලියන 75ක්
Wed Mar 28, 2018 6:19 am by spw19721

» APLA.N0000 (ACL PLASTICS PLC)
Tue Mar 27, 2018 9:53 am by yellow knife

» “ ඔසු උයන ” at Kahathuduwa, Piliyandala
Sun Mar 25, 2018 10:57 pm by AjithR

» Dutch Court Rules That Bitcoin Has “Properties of Wealth”
Sat Mar 24, 2018 7:41 pm by sashimaal

» REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)
Sat Mar 24, 2018 11:42 am by Future123

» Honey trap for SL politico's
Wed Mar 21, 2018 11:30 am by Ethical Trader

» SPEN.N0000
Tue Mar 20, 2018 6:41 pm by Backstage

April 2018
SunMonTueWedThuFriSat
1234567
891011121314
15161718192021
22232425262728
2930     

Calendar Calendar

Disclaimer


Information posted in this forum are entirely of the respective members' personal views. The views posted on this open online forum of contributors do not constitute a recommendation buy or sell. The site nor the connected parties will be responsible for the posts posted on the forum and will take best possible action to remove any unlawful or inappropriate posts.
All rights to articles of value authored by members posted on the forum belong to the respective authors. Re-using without the consent of the authors is prohibited. Due credit with links to original source should be given when quoting content from the forum.
This is an educational portal and not one that gives recommendations. Please obtain investment advises from a Registered Investment Advisor through a stock broker

ACL CABLES PLC-Research Report-2014

Go down

ACL CABLES PLC-Research Report-2014

Post by CSE.SAS on Tue Oct 07, 2014 3:05 pm

ACL Cables PLC is currently trading at a deep discount to it’s Net Asset Value (NAV) with a strong balance sheet and sustains ease of interest coverage. Prevalent growth in the domestic economy and concurrent infrastructure development is consistently opening new avenues of income for ACL. Away from the bounds of Sri Lanka, ACL has shown continuous increase in export sales attributable to it’s marketing ability, product quality and international standard R&D. Due to the above and more supportive data included in the report, GIH Capital assumes a position where the intrinsic value of a share of ACL should be pegged in the range of Rs. 92-102

[You must be registered and logged in to see this link.]

CSE.SAS

Posts : 263
Join date : 2014-02-23

Back to top Go down

Re: ACL CABLES PLC-Research Report-2014

Post by smallville on Tue Oct 07, 2014 5:22 pm

CSE.SAS - Any research u can find on CFVF, CSEC?

_________________
I take risks as a Trader and I select stocks based on Tech and daily Cash in/out. Therefore, my methods may not suit u.. so DYO analysis before making any decisions.
avatar
smallville
Top contributor
Top contributor

Posts : 1723
Join date : 2014-02-23
Location : Trying to figure out..

Back to top Go down

Re: ACL CABLES PLC-Research Report-2014

Post by pathfinder on Tue Oct 07, 2014 8:28 pm

Thanks CSE.SAS,a good one
avatar
pathfinder
Top contributor
Top contributor

Posts : 1329
Join date : 2014-02-23
Age : 36

Back to top Go down

Re: ACL CABLES PLC-Research Report-2014

Post by CSE.SAS on Tue Oct 07, 2014 10:39 pm

smallville wrote:CSE.SAS - Any research u can find on CFVF, CSEC?

Dear Smallville

I don't have report on CFVF and CSEC.

CSE.SAS

CSE.SAS

Posts : 263
Join date : 2014-02-23

Back to top Go down

Re: ACL CABLES PLC-Research Report-2014

Post by Leon on Tue Oct 07, 2014 11:06 pm

smallville wrote:CSE.SAS - Any research u can find on CFVF, CSEC?

I tried with my broker also. But they too don't have any reports on CFVF,ESL or CSEC.
avatar
Leon
Top contributor
Top contributor

Posts : 1233
Join date : 2014-03-11

Back to top Go down

Re: ACL CABLES PLC-Research Report-2014

Post by CSE.SAS on Tue Oct 07, 2014 11:50 pm

Leon wrote:
smallville wrote:CSE.SAS - Any research u can find on CFVF, CSEC?

I tried with my broker also. But they too don't have any reports on CFVF,ESL or CSEC.

No one willing to do reports now a days Smile

CSE.SAS

Posts : 263
Join date : 2014-02-23

Back to top Go down

Re: ACL CABLES PLC-Research Report-2014

Post by jonta999 on Wed Oct 08, 2014 5:31 am

Thanks CSE.SAS.


jonta999

Posts : 108
Join date : 2014-02-23
Location : MaRkEt

Back to top Go down

Re: ACL CABLES PLC-Research Report-2014

Post by CSE.SAS on Thu Oct 09, 2014 9:13 am

pathfinder wrote:Thanks CSE.SAS,a good one

Your Welcome Smile

CSE.SAS

Posts : 263
Join date : 2014-02-23

Back to top Go down

Re: ACL CABLES PLC-Research Report-2014

Post by serene on Thu Oct 09, 2014 9:46 am

Thanks for Sharing mate.

serene
Top contributor
Top contributor

Posts : 3574
Join date : 2014-02-26

Back to top Go down

Re: ACL CABLES PLC-Research Report-2014

Post by CSE.SAS on Thu Oct 09, 2014 11:03 pm

jonta999 wrote:Thanks CSE.SAS.


Your Welcome

CSE.SAS

Posts : 263
Join date : 2014-02-23

Back to top Go down

Re: ACL CABLES PLC-Research Report-2014

Post by CSE.SAS on Wed May 06, 2015 2:41 pm

Today traded between 90.00 - 92.50

CSE.SAS

Posts : 263
Join date : 2014-02-23

Back to top Go down

Re: ACL CABLES PLC-Research Report-2014

Post by slstock on Wed May 06, 2015 3:59 pm

1) ACL/APLA/KCAB analysis made in Nov 2014

[You must be registered and logged in to see this link.]

2) Comment made On May 5th

slstock wrote:Had to check copper prices since I had not for a while.

Last time copper peaked was in 2010. Then ACL profits was hit in 2010 to 2011.
Even with the recent hike copper is still about 40% less than 2010.

Also these companies I believe tend to lock in with copper contract so even if copper bounces 10% more I thonk they should not be in great danger zone. Still should report atleast Rs 8-9 eps for coming year.

Since 2010, ACL NAV improved nearly 40%. They are more diversified . It was one of those shares that did not have massive run in 2010/2011 ( due to poor earnings) .

But I think if/when ASI beats previous high ( 7800) ACL has good chance to beat it all time share price high Wink Copper increase or not , it deserves that and signs are showing Wink
So ACL beating Rs 120 and KCAB Rs 140 is still game in the medium term.

Also ACL purchase of HPWR though weird seems a good buy right now.

[You must be registered and logged in to see this link.]

_________________
Never listen to anyone including myself without your own study. Only few truly genuine people exist in this world.
Please read : [You must be registered and logged in to see this link.]
---------

If someone finds an Avatar of me in cyberspace commenting and you are unsure, Keep asking deeper questions until you are satisfied to distinguish between the Real and the Avatar. The real answers questions directly and deeply [You must be registered and logged in to see this image.]

---------
avatar
slstock
Veteran
Veteran

Posts : 5099
Join date : 2014-06-12

Back to top Go down

Re: ACL CABLES PLC-Research Report-2014

Post by Karan on Fri May 22, 2015 2:05 pm

ACL good profit but not moving

Karan

Posts : 58
Join date : 2014-02-25

Back to top Go down

ACL

Post by Jasmine on Mon Jun 29, 2015 4:45 pm

why people selling ACL ?

EPS 2014 : 14.55/-
EPS 1Q 2015 : 7.26/-
Current PER : 6.3

Target price : 126/- ( assuming EPS 2015 : 20/-)

Jasmine

Posts : 19
Join date : 2014-12-06

Back to top Go down

Re: ACL CABLES PLC-Research Report-2014

Post by First Guy on Mon Jun 29, 2015 10:25 pm

[You must be registered and logged in to see this link.]

This can give some idea against competitors
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: ACL CABLES PLC-Research Report-2014

Post by hariesha on Tue Jun 30, 2015 7:20 am

ACL is on a constant run from Rs.50/-.

Why not take a break for some time?

hariesha
Top contributor
Top contributor

Posts : 903
Join date : 2014-04-09

Back to top Go down

Re: ACL CABLES PLC-Research Report-2014

Post by Leon on Wed Jul 01, 2015 10:36 am

Copper prices were low during 1Q. But how could be the demand?
Construction boom was a bit stagnant. Can we expect a good results this time too? .
avatar
Leon
Top contributor
Top contributor

Posts : 1233
Join date : 2014-03-11

Back to top Go down

Re: ACL CABLES PLC-Research Report-2014

Post by pathfinder on Sun Jul 26, 2015 12:13 pm

It can move to 106-107 in comming weeks if quarter report is good.
avatar
pathfinder
Top contributor
Top contributor

Posts : 1329
Join date : 2014-02-23
Age : 36

Back to top Go down

Re: ACL CABLES PLC-Research Report-2014

Post by roshana7549 on Sun Jul 26, 2015 1:01 pm

Please refer the attached Table FYI.

Notes
ACL is a pretty much undervalued counter as per the above analysis (refer the Price to book value ratio)
Last quarter profit improvement (EPS 7.26) could be mainly due to the drop in the Copper prices and Fuel prices and increase in the revenue
Global copper prices are at a record low level currently and still declining  therefore ACL should be benefiting from this for atleast  next 2 quarters
Therefore  EPS of Rs 6  or higher for the June quarter can be expected  assuming revenue will stay at same level.
Share price should not be lesser than Rs 130 if ACL can achieve EPS of Rs 6 in June quarter
Attachments
ACL ANALYSIS.pdf You don't have permission to download attachments.(72 Kb) Downloaded 39 times

roshana7549

Posts : 277
Join date : 2014-04-18

Back to top Go down

Re: ACL CABLES PLC-Research Report-2014

Post by serene on Sun Jul 26, 2015 2:33 pm

Thanks roshana7549 .

serene
Top contributor
Top contributor

Posts : 3574
Join date : 2014-02-26

Back to top Go down

Re: ACL CABLES PLC-Research Report-2014

Post by pathfinder on Sun Sep 06, 2015 6:55 pm

Repurchase of HPWR give a hefty amount of cash to ACL,If my calculations are right it's Rs.9.89 for a ACL share.
avatar
pathfinder
Top contributor
Top contributor

Posts : 1329
Join date : 2014-02-23
Age : 36

Back to top Go down

Re: ACL CABLES PLC-Research Report-2014

Post by hariesha on Sun Sep 06, 2015 9:46 pm

Will they share it among shareholders?

I think management should take steps to increase the dividend payout.

hariesha
Top contributor
Top contributor

Posts : 903
Join date : 2014-04-09

Back to top Go down

Re: ACL CABLES PLC-Research Report-2014

Post by First Guy on Mon Sep 07, 2015 7:39 am

If ACL sells all of its entitlement (I expect them to sell more) they will get Rs. 592m (11.84/- per ACL share)
This is around Rs. 148m capital gain on the entitlement.

But ACL has other borrowings of Rs 3.7b; Rs. 2.4 is short term. Cash available is Rs. 1.4b with the repurchase amount will come to almost 2b.

If someone has studied how they have managed the cash then we might get an answer.

ACL owes APLA a lot of money. I think this is shown as trade payables.
avatar
First Guy

Posts : 2533
Join date : 2014-02-22

Back to top Go down

Re: ACL CABLES PLC-Research Report-2014

Post by malan 100 on Tue Sep 08, 2015 4:58 pm

Wil ACL report eps of around 15 in this quater with this.

malan 100

Posts : 43
Join date : 2014-02-23

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum