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The Invisible
The Invisible
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HAYC - Haycarb Empty HAYC - Haycarb

on Fri Nov 09, 2018 10:30 am
Message reputation : 100% (1 vote)
Haycarb Sept net profit up 56-pct

ECONOMYNEXT - Sri Lankan coconut shell-based activated carbon maker Haycarb said net profit rose 56 percent to 203 million rupees in the September 2018 quarter from a year ago.

Quarterly earnings per share were 6.84 rupees, according to interim accounts filed with the stock exchange.

The share was last traded at 128 rupees.

Sales rose 22 percent to 4.7 billion rupees during the period.

EPS for the six months to September 2018 were 10.24 rupees with net profit up 28 percent to 304 million rupees and sales up 26 percent to almost nine billion rupees.

Haycarb Managing Director Rajitha Kariyawasan said sales grew with an increase in prices in response to the sharp increases in raw material costs.

“As the shortage and cost escalation of raw material, coconut charcoal, continued during the first half of the year in most of the supply locations, Haycarb focussed on its lean platform,” a statement said.

This targeted cost saving initiatives and process improvements to minimise price escalations to customers while protecting profitability of the group, which has factories in Sri Lanka, Thailand and Indonesia.

“Considerable success achieved from product development efforts to expand its value added product portfolio strongly contributed to the overall business performance,” the statement said.

“Though we are expecting improved coconut crop and charcoal availability in most of our locations in the 2019 coconut season, the company is expecting a challenging period due to the increased competition from key coconut carbon producing countries,” Kariyawasan said.

Haycarb’s strategy of broad basing the raw material supply network and support for environment friendly charcoaling methods under its “Haritha Angara” initiative contributed to the improvement of sustainable charcoal supply, he said.

This will be continued as a core supply chain strategy of the group.

Kariyawasan noted that Puritas (Pvt.) Ltd., the environmental engineering business, is expected to continue to be a key contributor to the group’s performance during the second half of the year.

Its business in water and waste water treatment systems in Sri Lanka and in the region is projected to grow.
(Colombo/Nov09/2018)
xmart
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HAYC - Haycarb Empty Re: HAYC - Haycarb

on Sun Dec 02, 2018 3:04 pm
well, this is one good business to watch. this core business has enormous growth potential and business model suggest that they are robust. further, depreciation of rupee would add to the bottom line growth.

further, the mother company Hayleys would consider as the largest company who has invested in future.
ruwan326
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HAYC - Haycarb Empty Re: HAYC - Haycarb

on Wed Feb 13, 2019 7:24 pm
Financial Performance- Period ended 31 December 2018

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pathfinder
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HAYC - Haycarb Empty Re: HAYC - Haycarb

on Wed Aug 07, 2019 7:15 pm
One of the most undervalued share ATM

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The Invisible
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HAYC - Haycarb Empty Re: HAYC - Haycarb

on Wed Aug 07, 2019 9:44 pm
Haycarb June quarter profit up on strong demand, value added products

ECONOMYNEXT – Sri Lankan coconut shell-based activated carbon manufacturer Haycarb said net profit shot up 165 percent to 268 million rupees in the June 2019 quarter from a year ago on strong demand and growth in value added products.

Sales of the Hayleys group firm rose 24 percent to 5.3 billion rupees, interim accounts showed.

Haycarb reported earnings per share of 9.01 rupees in the June 2019 quarter. The share closed at 148 rupees, Wednesday, up 11.90 rupees or 8.7 percent.

“Strong demand in the activated carbon market and the growth in the value added carbon portfolio resulted in noteworthy growth in turnover and profitability,” Haycarb Managing Director Rajitha Kariyawasan said.

He noted that availability of raw material, coconut charcoal, in Indonesia and Sri Lanka continued to be stable during the first quarter.

However the effect of shortages and high cost of raw material impacted the Thailand operations negatively, a statement said.

Kariyawasan said the subsidiary Puritas has consolidated its position as a provider of water and waste water purification solutions in Sri Lanka and in the region.

In spite of challenges faced due to the adverse external economic environment in the markets that it operates, the environmental engineering arm is expected to contribute positively to the profitability of the group, he said.
(COLOMBO, 07 August 2019)
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lanka
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HAYC - Haycarb Empty Re: HAYC - Haycarb

on Wed Aug 07, 2019 10:39 pm
Thanks, Invisible
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Beta
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HAYC - Haycarb Empty Re: HAYC - Haycarb

on Thu Aug 08, 2019 7:32 am
We can expect over Rs. 50 EPS for this year with good dividend. This most undervalue share in CSE due to illiquid ity. Good long term share. Happy trade....
pathfinder
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HAYC - Haycarb Empty Re: HAYC - Haycarb

on Mon Jun 15, 2020 8:05 pm
serene wrote:
Badly Missed HAYC this time around 160s.
.

pathfinder wrote:One of the most undervalued share ATM

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Anyone bought ? Very Happy
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serene
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HAYC - Haycarb Empty Re: HAYC - Haycarb

on Mon Jun 15, 2020 8:09 pm
Message reputation : 100% (1 vote)
Berima thena gaththa @ 200 few shares hitha hada ganna. Smile Smile
slstock
slstock
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HAYC - Haycarb Empty Re: HAYC - Haycarb

on Tue Jun 16, 2020 9:46 am
Message reputation : 100% (3 votes)
Guys am not trying to be a party pooper.

I just wanted to mention some things so  people will be  aware on  HAYC.


1) It is certainly a good performing, decent  dividend paying
fundamental company. No question.

2) Their business might have some demand benefits during  COVID19.

3) But Company had said their raw material , logistic and other costs might
go up due to lockdowns etc.

4) From memory,  HAYC was trading in band between Rs 130-200
 for many many years. Now it broke it.  As it is rather a illiquid  share
  it can have some momentum.

But just note :  

Even with a very good eps of Rs 50+,  now ( At Rs 215) it is trading at 
RELATIVELY higher fundamental values  Compared to some of its peers .

What  am saying is , during very bad times HAYC has out performed the
market already  to trade at Rs 215.

So if anyone is chasing this higher and higher to buy, one need to be aware
of everything.

_________________
Never listen to anyone including myself without your own study. Only few truly genuine people exist in this world.
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serene
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HAYC - Haycarb Empty Re: HAYC - Haycarb

on Tue Jun 16, 2020 10:14 am
slstock wrote:Guys am not trying to be a party pooper.

I just wanted to mention some things so  people will be  aware on  HAYC.

2) Their business might have some demand benefits during  COVID19.

3) But Company had said their raw material , logistic and other costs might
go up due to lockdowns etc.

4) From memory,  HAYC was trading in band between Rs 130-200
 for many many years. Now it broke it.  As it is rather a illiquid  share
  it can have some momentum.

But just note :  
1) It is certainly a good performing, decent dividend paying
fundamental company. No question.



Even with a very good eps of Rs 50+,  now ( At Rs 215) it is trading at 
RELATIVELY higher fundamental values  Compared to some of its peers .

What  am saying is , during very bad times HAYC has out performed the
market already  to trade at Rs 215.

So if anyone is chasing this higher and higher to buy, one need to be aware
of everything.
Thanks for the advise.
One plus point for them is good Dividend paying company.
Rational Investor
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HAYC - Haycarb Empty Re: HAYC - Haycarb

on Wed Jun 17, 2020 8:47 pm
I wish if HAYC can come back to 190/- to 195/- level before the next run🐱
Backstage
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HAYC - Haycarb Empty Re: HAYC - Haycarb

on Wed Jun 17, 2020 10:03 pm
Message reputation : 100% (1 vote)
Rational Investor wrote:I wish if HAYC can come back to 190/- to 195/- level before the next run🐱

A livecat bounce ?
Rational Investor
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HAYC - Haycarb Empty Re: HAYC - Haycarb

on Wed Jun 17, 2020 11:14 pm
Backstage wrote:
Rational Investor wrote:I wish if HAYC can come back to 190/- to 195/- level before the next run🐱

A livecat bounce ?

Yes , At least to Rs 200/- after looking at current RSI level. Wink
Rational Investor
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HAYC - Haycarb Empty Re: HAYC - Haycarb

on Fri Jun 19, 2020 12:04 pm
Rational Investor wrote:
Backstage wrote:
Rational Investor wrote:I wish if HAYC can come back to 190/- to 195/- level before the next run🐱

A livecat bounce ?

Yes , At least to Rs 200/- after looking at current RSI level. Wink

Few more bugs please. bounce
pathfinder
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HAYC - Haycarb Empty Re: HAYC - Haycarb

on Tue Jul 21, 2020 6:45 pm
Message reputation : 100% (1 vote)
Today hit all time high with a considerable volume Very Happy

කිත්සිරි ද සිල්වා likes this post

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serene
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HAYC - Haycarb Empty Re: HAYC - Haycarb

on Wed Jul 22, 2020 5:57 am
serene wrote:Berima thena gaththa @ 200 few shares hitha hada ganna. Smile Smile

Added some yesterday too.. seeing the volumes.
No luck even at a Mini collapse of COVID second wave to collect low.
These are the shares ( HAYC , REXP, APLA ..)should be split for the betterment of investors and CSE as a whole. But we only seeing shares like ASPH splitted. What a pity. Sad

Beta and Wonderer like this post

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serene
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HAYC - Haycarb Empty Re: HAYC - Haycarb

on Thu Aug 13, 2020 8:42 pm
What a performance
Revenue up by 5%
Cost Of Sales down by 9%
Gross Profit Up by 55%
PAT increase by 174%
EPS 23.07
Symply Phenomenal performance.
Share Price also soared to 290.
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Beta
Posts : 24
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HAYC - Haycarb Empty Re: HAYC - Haycarb

on Fri Aug 14, 2020 10:15 am
Dont forget last quarter is the worst quarter ever not only the companies but also the country. But HAYC has done super in last quarter with country lockdown,curfew, etc.
so I think this quarter is better than last quarter.

3 months EPS is Rs. 23.00 ( 2019- 9.00 and 2018.- 3.40)
Annualized EPS should be more than 80.00

if PE is 5

valuation 5*80 = 400.00
we can expect more than 20.00 dividend also.....

කිත්සිරි ද සිල්වා likes this post

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subash
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HAYC - Haycarb Empty Re: HAYC - Haycarb

on Fri Oct 16, 2020 12:55 am
Asia Securities target price is 500
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subash
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HAYC - Haycarb Empty Re: HAYC - Haycarb

on Mon Oct 26, 2020 9:58 am
Another good share came down during recent ASI fall
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Wonderer
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HAYC - Haycarb Empty Re: HAYC - Haycarb

on Fri Oct 30, 2020 6:24 pm
subash wrote:Asia Securities target price is 500

Do you have the report for this TP? Would it be possible to share? Thanks
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Admin
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HAYC - Haycarb Empty Re: HAYC - Haycarb

on Sat Oct 31, 2020 7:43 am
I have removed the screenshot of the reports as it clearly states that it is for the purpose of intended recipient only. It is not ethical to post it publicly, especially in this forum.

Some brokers may release it to the public for various reason maybe just an extract. If you are interested, please contact your investment advisor or look to open an account with such broking firms.

කිත්සිරි ද සිල්වා and Wonderer like this post

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subash
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HAYC - Haycarb Empty Re: HAYC - Haycarb

on Fri Nov 06, 2020 12:11 pm
HAYC 550

Asia target was 500

Quarter result superb
EPS 34.42
6 months 57+
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