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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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Latest topics

» CCS.N0000 ( Ceylon Cold Stores)
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 EmptyThu Oct 06, 2022 11:26 am by කිත්සිරි ද සිල්වා

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+3
serene
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    Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015

    LSE
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    Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 Empty Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015

    Post by LSE Fri May 22, 2015 12:05 pm

    Hayleys M G T- Knitting Mills PLC has recorded a profit after tax of Rs. 90 Million (USD 680,000) for the financial year ending 31st March 2015, delivering a profit growth of 149% and a top line growth of 6% year on year. FY 2014/15 marked the first year of the Company recording a surplus after consecutive losses during the recent past. The company was also able to generate a cash profit of Rs 412 Million (USD 3.1Mn) in the year under review.

    The changes made in the Top management continued to show results by attracting business to fill capacity and though improved performance on quality and on-time delivery. Cost reduction measures, productivity improvements, system and process improvements were some of the main contributory factors for the better performance.

    The positive results shown from the first quarter of 2014 gave confidence to institutional investors to make significant investments, shareholders to oversubscribe a rights issue and the banking sector to enhance credit facilities which helped the company to significantly improve its cash flow position as well as restructure loans.

    During the year, the company also made significant investments to up-grade production technology, information systems, enhanced effluent treatment facility and training and development of the staff. One of the key differentiations made during the year was to set up an innovation center to develop new fabric which became a tremendous success to attract new business. These fabrics are now sold under a special brand named ‘Inno’.

    The company has planned further investments during the ensuing year and is looking forward to increasing the stakeholder value.

    The Board of Directors of Hayleys MGT -Knitting Mills PLC comprises Messrs A.M. Pandithage (Chairman), E.R.P. Goonetilleke (Managing Director), K.D.D. Perera, S.C. Ganegoda, H. Somashantha, R.N. Somaratne, Dr. N.S.J. Nawaratne, A.S. Jayatilleka.




    http://www.adaderana.lk/bizenglish/hayleys-mgt-knitting-mills-plc-has-shown-a-positive-turnaround-in-the-year-ending-31st-march-2015/
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    Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 Empty Re: Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015

    Post by slstock Fri May 22, 2015 12:08 pm

    + rep.

    Yes this is share to watch for future. Right now fundamentals are not great. But next 2 quarters + if we get GSP+ it can make things brighter.
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    Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 Empty Re: Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015

    Post by LSE Fri May 22, 2015 12:15 pm

    Yes. slstock. Hayleys group doing well at the moment...  study

    Hayleys MGT Knitting Mills PLC (MGT) @ LKR 19.10/=

    Hayleys MGT Knitting Mills PLC engages in the manufacturing of knitted fabrics. MGT performance was affected during past few years, and FY2014/15 became the year with the turnaround. In concluded FY2013/14, MGT could able to wipe-out its massive loss making era and ended up reducing its losses to LKR 183Mn over LKR 480Mn losses in FY2012/13. But, revenue figures marked major increase to stretch LKR 8Bn (up by 39.2%) during the same period.

    MGT’s growth momentum further accelerated during 9MFY2014/15, where MGT recorded an operating profit of LKR 53Mn against LKR 94.7Mn loss. MGT successfully concluded a Right Issue to be utilized to settlement of its debt. On the other hand, MGT has accessed more debt finance during the period and as a results of that MGT’s gearing position has been deteriorated, Debt to Equity ratio represents 33% as at the closure of 9MFY2014/15. MGT has become a more expectation driven share in the light of obtaining the GSP Plus concession. All the expectation- driven investor’s eyes are around the 2 listed fabric manufacturers and in case of any positive development on regaining GSP+ status, MGT is one of the prime beneficiaries.

    Thank You.
    study  study  study

    slstock wrote:+ rep.

    Yes this is share to watch for future.  Right now fundamentals are not great. But next 2 quarters + if we get  GSP+ it can make things brighter.
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    Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 Empty Re: Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015

    Post by serene Fri May 22, 2015 12:18 pm

    Thnks LSe..
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    Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 Empty Re: Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015

    Post by Backstage Fri May 22, 2015 3:11 pm

    Thanks LSE.
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    Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 Empty Re: Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015

    Post by Admin Fri May 22, 2015 11:53 pm

    LSE wrote:Yes. slstock. Hayleys group doing well at the moment...  study

    Hayleys MGT Knitting Mills PLC (MGT) @ LKR 19.10/=

    Hayleys MGT Knitting Mills PLC engages in the manufacturing of knitted fabrics. MGT performance was affected during past few years, and FY2014/15 became the year with the turnaround. In concluded FY2013/14, MGT could able to wipe-out its massive loss making era and ended up reducing its losses to LKR 183Mn over LKR 480Mn losses in FY2012/13. But, revenue figures marked major increase to stretch LKR 8Bn (up by 39.2%) during the same period.

    MGT’s growth momentum further accelerated during 9MFY2014/15, where MGT recorded an operating profit of LKR 53Mn against LKR 94.7Mn loss. MGT successfully concluded a Right Issue to be utilized to settlement of its debt. On the other hand, MGT has accessed more debt finance during the period and as a results of that MGT’s gearing position has been deteriorated, Debt to Equity ratio represents 33% as at the closure of 9MFY2014/15. MGT has become a more expectation driven share in the light of obtaining the GSP Plus concession. All the expectation- driven investor’s eyes are around the 2 listed fabric manufacturers and in case of any positive development on regaining GSP+ status, MGT is one of the prime beneficiaries.

    Thank You.
    study  study  study

    slstock wrote:+ rep.

    Yes this is share to watch for future.  Right now fundamentals are not great. But next 2 quarters + if we get  GSP+ it can make things brighter.

    Thanks LSE. Kindly post the source and the date of the document from which this was extracted.
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    Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 Empty Re: Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015

    Post by Sriranga Tue May 26, 2015 1:58 pm

    http://www.echelon.lk/home/from-price-takers-to-price-setters/
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    Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015 Empty Re: Hayleys MGT- Knitting Mills PLC has shown a positive turnaround in the year ending 31st March 2015

    Post by dhanurrox Mon Jul 29, 2019 5:18 pm

    https://cdn.cse.lk/cmt/upload_report_file/403_1564395584826.pdf

      Current date/time is Wed Jun 19, 2024 11:20 pm