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Ethical Trader
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Re: DIPD.N0000 (Dipped Products PLC)

on Wed Jun 08, 2016 11:48 am
Thanks YK for the update. Though the price of DIPD has come down it still overvalued to me.
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BnP
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Re: DIPD.N0000 (Dipped Products PLC)

on Wed Aug 17, 2016 10:48 pm
Thank you so much for valuable words
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Rana
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Quarterly Financial Report as of 31/12/2016

on Tue Jan 31, 2017 5:36 pm
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yellow knife
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Re: DIPD.N0000 (Dipped Products PLC)

on Wed Jul 05, 2017 6:12 pm
Message reputation : 100% (2 votes)
2017

By now DIPD is trading around 108.10 and the data of 2016/17 annual report will be useful for evaluation and understanding of the share.

DIPD has been a constant dividend payer. However a careful analyst who prefers dividend would opt companies managed by Dr. Sena Yakdehige or Richard Pieris Group than owned and managed by Hayleys group.

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yellow knife
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Re: DIPD.N0000 (Dipped Products PLC)

on Wed Jul 05, 2017 6:13 pm
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Company seems to recover from the down trend of 2016

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yellow knife
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Re: DIPD.N0000 (Dipped Products PLC)

on Wed Jul 05, 2017 6:14 pm
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EPS shows the landscape of a Highland meeting High rocks, plateaus and valleys...

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yellow knife
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Re: DIPD.N0000 (Dipped Products PLC)

on Wed Jul 05, 2017 6:14 pm
As mentioned earlier 2012 was the best year where commodity prices sky rocketed.

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yellow knife
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Re: DIPD.N0000 (Dipped Products PLC)

on Wed Jul 05, 2017 6:16 pm
Company market value seems to catch up again with the fight with Net Assets Value

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yellow knife
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Re: DIPD.N0000 (Dipped Products PLC)

on Wed Jul 05, 2017 6:16 pm
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Even the highest PE ratio was less than 20

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yellow knife
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Re: DIPD.N0000 (Dipped Products PLC)

on Wed Jul 05, 2017 6:18 pm
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As mentioned above companies like REXP, Namun, KGAL or even RICH itself is better when it comes to dividend policy for retail investors.

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yellow knife
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Re: DIPD.N0000 (Dipped Products PLC)

on Wed Jul 05, 2017 6:18 pm
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Company is managing its debt positions..

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yellow knife
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Re: DIPD.N0000 (Dipped Products PLC)

on Wed Jul 05, 2017 6:20 pm
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Backstage
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Re: DIPD.N0000 (Dipped Products PLC)

on Wed Jul 05, 2017 7:53 pm
Many thanks.
nihal123
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Re: DIPD.N0000 (Dipped Products PLC)

on Wed Jul 05, 2017 8:08 pm
Thanks yellow knife
CK
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Re: DIPD.N0000 (Dipped Products PLC)

on Thu Jul 06, 2017 6:34 am
Thanks YK
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Danidu
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Re: DIPD.N0000 (Dipped Products PLC)

on Thu Jul 06, 2017 9:24 am
Thank you YK
spw19721
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Re: DIPD.N0000 (Dipped Products PLC)

on Sun Jul 09, 2017 4:03 am
thanks YK
Ethical Trader
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Re: DIPD.N0000 (Dipped Products PLC)

on Mon Jul 10, 2017 2:31 pm
Thanks YK, good analysis.
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Re: DIPD.N0000 (Dipped Products PLC)

on Wed Nov 14, 2018 7:18 am
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Dipped Products Sept quarter net up 270-pct

ECONOMYNEXT – Sri Lankan rubber gloves maker Dipped Products said net profit shot up 270 percent to 153 million rupees in the September 2018 quarter from a year ago.

Quarterly sales of the Hayleys group firm rose two percent to 7.2 billion rupees over the period, according to interim accounts filed with the stock exchange.

Diluted earnings per share for the quarter were 2.55 cents. EPS for the six months to September 2018 were 6.14 rupees. The share was last traded at 80 rupees.

Dipped Products’ gross profits grew 10 percent to just over a billion rupees in the September 2018 quarter from the previous year, the accounts showed.

Finance income shot up 146 percent to 72 million rupees while the share of non-controlling interest profit fell 75 percent to 11 million rupees.

The accounts showed Dipped Products booked no loss from Hayleys Global Beverages (Pvt) Ltd., a unit of subsidiary Kelani Valley Plantations, in the September 2018 quarter compared with a 49 million rupee loss the previous year.

A statement attributed the growth in half-yearly profit to “performance improvement initiatives in local operations and significant contribution from overseas marketing operations.”

Half-yearly profit attributable to equity holders of the company shot up to 368 million rupees from 12 million rupees in the previous year

“Outstanding contributions to revenue and profit came from the group’s Italian marketing company ICOGUANTI S.p.A. The company increased its sales by 9 percent to 2,475 million rupees and grew profits by 65 percent to 271 million rupees.”

Dipped Products (Thailand) Limited improved its performance and converted a loss of five million rupees in 2017 to a profit of 22 million in the period reviewed despite drop in sales by 3 percent to 1,745 million rupees.

Sales of the group’s plantation businesses, Kelani Valley Plantations and Talawakelle Tea Estates, were virtually static at 6,547 million rupees mainly due to depressed commodity prices.
(Colombo/Nov13/2018)
PANTOMATH
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Re: DIPD.N0000 (Dipped Products PLC)

on Tue Jan 15, 2019 11:07 am
Message reputation : 100% (2 votes)
DIPD doing same sort of business like REXP.All factors favoring REXP favor DIPD too.

This thread gives comprehensive analysis of DIPD thanks to YK.
I would recommend DIPD as a LT investment at current price for patience investors.
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serene
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Re: DIPD.N0000 (Dipped Products PLC)

on Tue Jan 15, 2019 4:31 pm
Message reputation : 100% (3 votes)
Trailing EPS        Rs.12.17

Trailing PE          7.4

Net Asst Value    166

Last 5 Quarters EPS (Rs.)  
                                   0.69   3.30   2.73   3.59   2.55

Dividend Paid      
                       2018/05/17     Rs. 3/=
                       2018/10/04     Rs.1.50
                       2019/01/03     Rs.1/=

Good going.
( Figures are extracted from data base update by me and please check for accuracy)
PANTOMATH
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Re: DIPD.N0000 (Dipped Products PLC)

on Tue Jan 15, 2019 8:18 pm
Message reputation : 100% (2 votes)
Thanks Serene for numbers,See the YoY growth,We can expect a good EPS in December quarter as well.
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pjrngroup
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Re: DIPD.N0000 (Dipped Products PLC)

on Mon Jan 28, 2019 10:42 pm
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Thanks for the update Serene.
PANTOMATH
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Re: DIPD.N0000 (Dipped Products PLC)

on Wed Jan 30, 2019 8:06 pm
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My guesstimate is correct Very Happy
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ruwan326
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DIPD.N0000 (Dipped Products PLC) - Page 3 Empty Re: DIPD.N0000 (Dipped Products PLC)

on Wed Feb 13, 2019 7:22 pm
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Financial Performance- Period ended 31 December 2018

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