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

Display results as :
 


Rechercher Advanced Search

Latest topics
» East West ගනුදෙනුවෙන් කොටස් පිරිවැටුම බිලියනය පනී
Today at 5:54 pm by කිත්සිරි ද සිල්වා

» How to identify a stock market bottom
Today at 5:15 pm by Ethical Trader

» ලොව බලවත්ම ගැහැනිය වූ සායම් බාස්‌ගේ දුව
Today at 4:03 pm by Ethical Trader

» පිටිදූවේ සිරිධම්ම හිමි ඇත්ත කතා කරයි.
Today at 12:53 pm by sashimaal

» CIC රුපියල් මිලියන 238 කට කෘෂි රසායනික සමාගමක් මිල දී ගනී
Yesterday at 6:49 pm by nihal123

» ධම්මික පෙරමුණට එයි
Yesterday at 3:23 pm by Ethical Trader

» Govt. mulls removing barriers to allow Lankan firms hire foreign labour
Sun Oct 15, 2017 10:30 am by කිත්සිරි ද සිල්වා

» එන්ට්‍රස්ට් මුදල් ගිලපු හැටි ගිණුම් වාර්තා හෙළි කරයි
Sat Oct 14, 2017 5:50 pm by nihal123

» Laughter the Best Medicine
Sat Oct 14, 2017 4:43 pm by Ethical Trader

» Panama Papers: Huge leak reveals elite's tax havens/ධනවතුන්, බලවතුන් ධනය හැංගූ හැටි හෙළිවෙයි .ලංකාවත් පැනමා පේපර්ස් ලැයිස්තුවේ
Fri Oct 13, 2017 4:49 pm by yellow knife

» කොටස් මිල ඉහළ යාම ගැන CSE විමසයි. HVA කරුණු පහදයි
Fri Oct 13, 2017 11:30 am by Ethical Trader

» තායිවාන් ගිණුම් හැක්‌ කර කෝටි 35කට විදලා! - හිටපු හමුදා පුත්‍රයා රිමාන්ඩ්
Wed Oct 11, 2017 10:32 pm by nihal123

» Dividend Announcement
Wed Oct 11, 2017 6:12 pm by Rana

» LIOC.N0000 (Lanka IOC PLC)
Tue Oct 10, 2017 9:56 pm by First Guy

» The Myth of Average !
Mon Oct 09, 2017 1:13 pm by Expert

» SPEN.N0000
Mon Oct 09, 2017 12:36 pm by nihal123

» Plantation sector updates
Sat Oct 07, 2017 6:41 pm by Senarath67

» Plantation Sector - Yesterday, Today and Tomorrow
Sat Oct 07, 2017 12:19 pm by CK

» කොටස්-වෙළෙඳ-පොළට-සූදු-කෙළින්නන්-ඇවිත්?
Wed Oct 04, 2017 6:49 pm by CK

» GSP+ ලැබීමෙන් පසු ඇඟලුම් අපනයන ආදායම ඉහළ ගියේ මෙහෙමයි
Tue Oct 03, 2017 3:17 pm by Rana

» TJL.N0000 (Textured Jersey Lanka PLC.)
Tue Oct 03, 2017 1:41 pm by CK

» ගෝලීය තරඟකාරීත්ව දර්ශකයේ 85 වැනි ස්ථානය දක්වා ශ්‍රී ලංකාව පහළට
Mon Oct 02, 2017 3:37 pm by Ethical Trader

» කාගිල්ස්, මිලියන 4,200 කට ඩෝසන් කාර්යාල සංකීර්ණය විකුණයි
Mon Oct 02, 2017 11:19 am by nihal123

» SAMP.N0000 (SAMPATH BANK PLC)
Mon Oct 02, 2017 10:40 am by Ethical Trader

» In the Meantime, Within Our Shores !
Sat Sep 30, 2017 9:04 pm by කිත්සිරි ද සිල්වා

» සනත් අයියා ගහන ගැහිලි !
Fri Sep 29, 2017 6:55 pm by Ethical Trader

» 'මොනා ලීසා' නිරුවත් උඩු කයින්
Fri Sep 29, 2017 6:42 pm by Ethical Trader

» CB Governor offers key insights
Fri Sep 29, 2017 10:57 am by කිත්සිරි ද සිල්වා

» The Govt. Doesn’t wish to pay off debts at once’
Thu Sep 28, 2017 10:08 pm by Backstage

» රවීගේ ‘මහ බැංකු හොරු‘ කතාවට අධිපති ප්‍රතිචාර දක්වයි
Thu Sep 28, 2017 5:17 pm by Ethical Trader

» Sri Lanka Hambantota Port JV to be operational from November
Thu Sep 28, 2017 5:14 pm by Ethical Trader

» Obituary Notice.
Thu Sep 28, 2017 3:05 pm by කිත්සිරි ද සිල්වා

» නේෂන් ලංකා තැරැව්කරුට සියලු ගනුදෙනු තහනම්
Wed Sep 27, 2017 8:04 pm by nihal123

» තායිලන්තයේ හිටපු අගමැතිනියට සිර දඬුවම්
Wed Sep 27, 2017 6:02 pm by Ethical Trader

» විද්‍යා ඝාතනය: වරදකරුවන් හත් දෙනෙකුට මරණ දඬුවම
Wed Sep 27, 2017 5:59 pm by Ethical Trader

» Flying is the Safest mode of Transport
Wed Sep 27, 2017 5:33 pm by කිත්සිරි ද සිල්වා

» Oil,gold, silver Prices
Wed Sep 27, 2017 2:08 pm by කිත්සිරි ද සිල්වා

» JKH.N0000
Wed Sep 27, 2017 11:37 am by LSE

» Piece Price
Tue Sep 26, 2017 7:15 pm by pee ratio

» ලිට්රෝ ගෑස් මිල ඉහළට
Mon Sep 25, 2017 11:00 pm by nihal123

» යුනිටි ප්ලාසා හිමිකමෙන් 23% ක් රේණුකා යටතට
Mon Sep 25, 2017 7:39 pm by nihal123

» Plastic-degrading fungus found in Pakistan rubbish dump
Sun Sep 24, 2017 8:54 pm by කිත්සිරි ද සිල්වා

» CSE HOLIDAY LIST 2018
Fri Sep 22, 2017 5:20 pm by Rana

» ට්‍රම්ප් "මොළය අවුල් වූ මැරයෙක්" - කිම් ජොන්ග් අන්
Fri Sep 22, 2017 2:37 pm by Ethical Trader

» No one must die of cancer
Thu Sep 21, 2017 11:14 pm by කිත්සිරි ද සිල්වා

» ට්‍රම්ප්ගේ දේශනය "සුනඛයෙකුගේ බිරීමක්"
Thu Sep 21, 2017 6:05 pm by Ethical Trader

» ලංකා බැංකුව, මහජන බැංකුව සහ ශ්‍රී ලංකා ඉන්ෂුවරන්ස් කොටස් වෙළෙඳපොළට
Thu Sep 21, 2017 6:01 pm by Ethical Trader

» ලංකා සිමෙන්ති කොටස් ගනුදෙනුවල අසාමාන්‍ය හැසිරීමක් – සභාපති කරුණු පහදයි
Wed Sep 20, 2017 8:06 pm by nihal123

» උතුරු කොරියාව විනාශ කරනවා - ජනාධිපති ඩොනල්ඩ් ට්‍රම්ප්
Wed Sep 20, 2017 12:33 pm by Ethical Trader

» Nanodegrees
Tue Sep 19, 2017 11:40 pm by Backstage

October 2017
SunMonTueWedThuFriSat
1234567
891011121314
15161718192021
22232425262728
293031    

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

REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)

Page 4 of 4 Previous  1, 2, 3, 4

View previous topic View next topic Go down

Re: REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)

Post by Future123 on Thu Nov 10, 2016 11:32 pm

Very good performance by REXP. Quarterly EPS up from Rs. 10.21 to Rs. 13.03 (28% increase).
We can expect a good interim and final dividend.

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

Future123
Active Member
Active Member

Posts : 1417
Join date : 2014-04-09

Back to top Go down

Re: REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)

Post by Future123 on Mon Dec 19, 2016 11:06 pm

Today 1 US$ is Rs. 151.24. [You must be registered and logged in to see this link.]

The rupee is depreciating much faster than we think. By the end of next month, it may even go to 155/=. Surprising to see this situation despite  the vehicle imports are at record low levels.

Definitely there are only a few companies would enjoy this situation. REXP is 100% export company and every Rs. 1 depreciation will significantly improve REXP's profit.

Future123
Active Member
Active Member

Posts : 1417
Join date : 2014-04-09

Back to top Go down

Re: REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)

Post by The Alchemist on Tue Dec 20, 2016 6:31 pm

Future123 wrote:Today 1 US$ is Rs. 151.24. [You must be registered and logged in to see this link.]

The rupee is depreciating much faster than we think. By the end of next month, it may even go to 155/=. Surprising to see this situation despite  the vehicle imports are at record low levels.

Definitely there are only a few companies would enjoy this situation. REXP is 100% export company and every Rs. 1 depreciation will significantly improve REXP's profit.

Yes, but Rubber Prices have increased by over 50 % in Yen Terms over the last 3-4 months. against that, the Yen has depreciated by about 18 % against the Dollar since 8th Nov.

Yet we do not know the transfer Pricing structure between Kegalle Plantation say and REXP for their raw materials.

In the short term, they cannot pass on higher raw material costs, which increases their Cost of Goods Sold.

i would not be surprised if profits are lower, but i do not know if their is any Capacity expansion taking place.


The Alchemist
Top contributor
Top contributor

Posts : 534
Join date : 2014-02-25

Back to top Go down

Re: REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)

Post by yellow knife on Wed Feb 15, 2017 7:33 am

Will REXP beat the all EPS records of its history and reach a value above 40 or will it slow down with increasing rubber prices as Alchemist has pointed out above?

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

yellow knife
Top contributor
Top contributor

Posts : 5565
Join date : 2014-03-27

Back to top Go down

Re: REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)

Post by Future123 on Wed Feb 22, 2017 7:45 pm

REXP has beaten all the expectations and came up with solid results. 9 months EPS Rs. 33.31 and annual EPS would likely to exceed Rs. 40 for 2016/17.

Quarterly EPS is Rs. 9.89 and an increase of 55%. REXP has efficiently dealt with rubber price increase.


Today the rupee against US$ is Rs. 153.56. The rupee has been falling continuously over last 5 days. This is a real good news for REXP. Every one rupee depreciation would increase the EPS around 1.50. The rupee would soon fall to 160/=. REXP is the best share to hold as long as UNP in power. The rupee will continuously depreciated as long as this government exist and I have converted some of my manufacturing and banking shares to REXP.

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

Future123
Active Member
Active Member

Posts : 1417
Join date : 2014-04-09

Back to top Go down

Re: REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)

Post by Future123 on Fri Jun 23, 2017 8:38 pm

The rubber prices are falling pretty fast which is an added bonus for REXP. With GSP plus and falling rubber prices, I expect REXP to report superior results in coming quarters.

I respect the management for their generous dividend policy. The quarters ending December 2016 and March 2017 were hard for them but they performed extremely well and reported an EPS of Rs. 41.38 and declared Rs. 16 as dividend.

Many companies failed during last quarter testing times as their cost of sales gone up and profits dipped drastically. Eg: ACL, APLA, CIND and some others who engage in manufacturing. But REXP surprised everyone with an annual profit increase of 33%.

REXP will be a good counter to watch in coming quarters as per my view as all the factors are very positive for them to achieve a record performing 2017/18.

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


Future123
Active Member
Active Member

Posts : 1417
Join date : 2014-04-09

Back to top Go down

Re: REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)

Post by Future123 on Thu Jul 06, 2017 8:52 pm

Today nearly 430,000 shares of REXP traded which is quite unusual. There is a rumour that the 2nd top shareholder TRL Holdings sold their shares to Richard Pieris & Co.

Today REXP transferred from Main board to Diri Savi Board. With today's purchase of shares, RICH increased its stake to nearly 84% in REXP and therefore could have requested CSE to transfer REXP to Diri Savi Board.

If it's the case, we can expect more dividends from REXP in the future. If the holding company is increasing it's stake above 80% then we can expect something special from REXP in the future.

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

Note: Still no official announcement being made regarding RICH acquisition of REXP. This was just a rumour for the time being so therefore please don't take it as confirmed. I'm waiting for the official announcement whether RICH bought REXP today or not.

Future123
Active Member
Active Member

Posts : 1417
Join date : 2014-04-09

Back to top Go down

Re: REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)

Post by Future123 on Fri Jul 07, 2017 8:13 pm

Now the official announcement has been made and it's the holding company Richard Pieris & Co purchased 406,030 shares of REXP at an average cost of Rs. 237.42. Now RICH holds nearly 84% of REXP and that's why REXP has been transferred to Diri Savi board from the Main board.

The RICH board may want to increase the stake of REXP in the future even closer to 90% since it's a cash cow in the group.

I consider this as a good news since there will be less selling pressure for REXP in the future and there will be more dividends from REXP. The Management of RICH should have valid reasons to do this and the future outlook could be very bright with GSP plus, capacity expansion and rupee depreciation.

On the other hand RICH also would benefit as they will get more dividend income from REXP and REXP is a cash cow in the group.

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

Note: Please do your own research before making any buy/ sell decisions.

Future123 wrote:Today nearly 430,000 shares of REXP traded which is quite unusual. There is a rumour that the 2nd top shareholder TRL Holdings sold their shares to Richard Pieris & Co.

Today REXP transferred from Main board to Diri Savi Board. With today's purchase of shares, RICH increased its stake to nearly 84% in REXP and therefore could have requested CSE to transfer REXP to Diri Savi Board.  

If it's the case, we can expect  more dividends from REXP in the future. If the holding company is increasing it's stake above 80% then we can expect something special from REXP in the future.

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

Note: Still no official announcement being made regarding RICH acquisition of REXP. This was just a rumour for the time being so therefore please don't take it as confirmed. I'm waiting for the official announcement whether RICH bought REXP today or not.

Future123
Active Member
Active Member

Posts : 1417
Join date : 2014-04-09

Back to top Go down

Re: REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)

Post by CK on Fri Jul 07, 2017 8:25 pm

Thanks future for analysis. Cinv is also appreciating which you earlier recommended. Weldone..
avatar
CK
Active Member
Active Member

Posts : 1024
Join date : 2015-11-01

Back to top Go down

Re: REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)

Post by Future123 on Fri Jul 07, 2017 8:42 pm

Thanks CK

CK wrote:Thanks future for analysis. Cinv is also appreciating which you earlier recommended. Weldone..

Future123
Active Member
Active Member

Posts : 1417
Join date : 2014-04-09

Back to top Go down

Re: REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)

Post by First Guy on Tue Jul 11, 2017 8:26 am

How does increasing the stake help with new public holding regulations?
avatar
First Guy

Posts : 2527
Join date : 2014-02-22

Back to top Go down

Re: REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)

Post by Future123 on Tue Jul 11, 2017 4:13 pm

I think FG for main board minimum public float is 20% and for Diri Savi Board is minimum 10% public holding. That's why when RICH increased its stake of REXP to nearly 85%, the shares were immediately transferred from main board to Diri Savi Board upon holding company's request.



First Guy wrote:How does increasing the stake help with new public holding regulations?

Future123
Active Member
Active Member

Posts : 1417
Join date : 2014-04-09

Back to top Go down

Re: REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)

Post by yellow knife on Thu Jul 13, 2017 6:32 pm

2017

It seems Future is enjoying the fruits of his investments. Yes REP has recorded its best year in 2017

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

Instead of having a moving average as the trend lien, if we use a linear growth we can see how much REXP has done in 2017 .

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

yellow knife
Top contributor
Top contributor

Posts : 5565
Join date : 2014-03-27

Back to top Go down

Re: REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)

Post by yellow knife on Thu Jul 13, 2017 6:35 pm

Its net assets positions are improving at a surprising rate

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

yellow knife
Top contributor
Top contributor

Posts : 5565
Join date : 2014-03-27

Back to top Go down

Re: REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)

Post by yellow knife on Thu Jul 13, 2017 6:35 pm

Price has remained rather flat for a couple of years...

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

yellow knife
Top contributor
Top contributor

Posts : 5565
Join date : 2014-03-27

Back to top Go down

Re: REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)

Post by yellow knife on Thu Jul 13, 2017 6:37 pm

Return on capital employed is substantially higher...

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

yellow knife
Top contributor
Top contributor

Posts : 5565
Join date : 2014-03-27

Back to top Go down

Re: REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)

Post by yellow knife on Thu Jul 13, 2017 6:38 pm

This is another company where dividend grows....

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

yellow knife
Top contributor
Top contributor

Posts : 5565
Join date : 2014-03-27

Back to top Go down

Re: REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)

Post by yellow knife on Thu Jul 13, 2017 6:39 pm

PAT has been improving continuously

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

yellow knife
Top contributor
Top contributor

Posts : 5565
Join date : 2014-03-27

Back to top Go down

Re: REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)

Post by yellow knife on Thu Jul 13, 2017 6:43 pm

Its important to look at the growth of Net Profit Margin. Despite the fact that Revenue growth of 25%, PAT growth of 33% and Net Assets Growth of 46%... Net Profit margin has grown only marginally...

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

yellow knife
Top contributor
Top contributor

Posts : 5565
Join date : 2014-03-27

Back to top Go down

Re: REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)

Post by nihal123 on Thu Jul 13, 2017 7:35 pm

Thanks YK
avatar
nihal123
Top contributor
Top contributor

Posts : 4147
Join date : 2014-02-24
Age : 51
Location : Waga

Back to top Go down

Re: REXP.N0000 ( RICHARD PIERIS EXPORTS PLC)

Post by Future123 on Thu Jul 13, 2017 8:32 pm

Thanks a lot YK

Future123
Active Member
Active Member

Posts : 1417
Join date : 2014-04-09

Back to top Go down

Quarterly Financial Report as of 30/06/2017

Post by Rana on Thu Aug 10, 2017 6:06 pm

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

Rana
Top contributor
Top contributor

Posts : 1212
Join date : 2015-12-16

Back to top Go down

Page 4 of 4 Previous  1, 2, 3, 4

View previous topic View next topic Back to top


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