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CIND.N0000 (Central Industries PLC)

+19
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yellow knife
Top contributor
Top contributor
Posts : 6899
Join date : 2014-03-27

CIND.N0000 (Central Industries PLC) - Page 4 Empty Re: CIND.N0000 (Central Industries PLC)

Tue Jul 26, 2016 8:55 am
Message reputation : 100% (2 votes)
Central Finance company owns 44% of the company. Thus like other Sons CIND has to pay for its mother company. Its always worthy to hold Sons or Daughter companies than Mother companies for the purpose of dividends.

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yellow knife
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Top contributor
Posts : 6899
Join date : 2014-03-27

CIND.N0000 (Central Industries PLC) - Page 4 Empty Re: CIND.N0000 (Central Industries PLC)

Tue Jul 26, 2016 10:56 am
Message reputation : 100% (3 votes)
There are some key points to be quoted from Annual Report of CIND

1. Sri Lanka was enjoying double digit growth rate in construction sector in past several years but not in 2015 where the sector contracted by 0.9%.

2. National Water Supply and Drainage Board which was the single largest buyer of company has reduced capital expenditure by 23%.

3. Commercial banks lending to the private sector increased by 25% and lower inflation and lower interest rate promoted that. It improved Small and Medium size construction projects and CIND could capture that advertising driven market with proper strategic image building.

4. After long delays , large sums due from the National Water Supply and Drainage Board for suppliers made  during the previous year were received  during 2015/16. However a sum equivalent to 0.5% of the value from payments made to the suppliers with held.

5. Price of PVC resins which is the primary raw material of PVC pipes remained low and the company made use of the storage facility at Elhena , Yakkala to store up raw materials .
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Rana
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Posts : 1786
Join date : 2015-12-16

CIND.N0000 (Central Industries PLC) - Page 4 Empty Interim Financial Statements as of 31-12-2016

Tue Feb 07, 2017 5:59 pm
Message reputation : 100% (1 vote)
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Last edited by Rana on Wed Feb 08, 2017 10:26 am; edited 2 times in total
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The Alchemist
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Posts : 651
Join date : 2014-02-25

CIND.N0000 (Central Industries PLC) - Page 4 Empty Re: CIND.N0000 (Central Industries PLC)

Tue Feb 07, 2017 7:07 pm
Message reputation : 100% (1 vote)
[You must be registered and logged in to see this link.] wrote:[You must be registered and logged in to see this link.]

This is for 6 months ending 30th sep 2016.
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Future123
Active Member
Active Member
Posts : 1435
Join date : 2014-04-09

CIND.N0000 (Central Industries PLC) - Page 4 Empty Re: CIND.N0000 (Central Industries PLC)

Tue Feb 07, 2017 7:15 pm
Another undervalued share trading at 46/=. Should trade above 70/= minimum.
avatar
Senarath67
Posts : 100
Join date : 2016-08-26

CIND.N0000 (Central Industries PLC) - Page 4 Empty Re: CIND.N0000 (Central Industries PLC)

Tue Dec 29, 2020 7:06 pm
CIND is on a superb uptrend. Appreciate the efforts of all contributors who had seen the potential of this share long time a go. 👍
කිත්සිරි ද සිල්වා
කිත්සිරි ද සිල්වා
Top contributor
Top contributor
Posts : 9128
Join date : 2014-02-23
Age : 63
Location : රජ්ගම

CIND.N0000 (Central Industries PLC) - Page 4 Empty Re: CIND.N0000 (Central Industries PLC)

Mon Oct 11, 2021 10:34 pm
Central Industries
CIND.N0000
Share Price
7 Day
1 Year
120.25
15.9%
122.1%
Investor sentiment improved over the past week
After last week's 16% share price gain to LK₨120, the stock trades at a trailing P/E ratio of 5.6x.
·   Average trailing P/E is 6x in the Building industry in Sri Lanka.
·   Total returns to shareholders of 458% over the past three years.

_________________
I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates
කිත්සිරි ද සිල්වා
කිත්සිරි ද සිල්වා
Top contributor
Top contributor
Posts : 9128
Join date : 2014-02-23
Age : 63
Location : රජ්ගම

CIND.N0000 (Central Industries PLC) - Page 4 Empty Re: CIND.N0000 (Central Industries PLC)

Mon Nov 01, 2021 4:58 pm
Central Industries
CIND.N0000
Share Price7 Day1 Year
14522.9%136.3%
Investor sentiment improved over the past week
After last week's 23% share price gain to LK₨145, the stock trades at a trailing P/E ratio of 6.8x.

  • The average trailing P/E is 7x in the Building industry in Sri Lanka.
  • Total returns to shareholders of 526% over the past three years.


_________________
I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates
කිත්සිරි ද සිල්වා
කිත්සිරි ද සිල්වා
Top contributor
Top contributor
Posts : 9128
Join date : 2014-02-23
Age : 63
Location : රජ්ගම

CIND.N0000 (Central Industries PLC) - Page 4 Empty Week 44

Mon Nov 08, 2021 9:29 am
Central Industries
CIND.N0000
Share Price
7 Day
1 Year
171.25
27.6%
140.7%
Second-quarter 2022 earnings release:
EPS LK₨8.89 (vs LK₨5.84 in 2Q 2021)
The company reported a solid second-quarter result with improved earnings and revenues, although profit margins were flat.
Second quarter 2022 results:
·   Revenue: LK₨1.83b (up 57% from 2Q 2021).
·   Net income: LK₨193.8m (up 52% from 2Q 2021).
·   Profit margin: 11% (in line with 2Q 2021).
Over the last 3 years on average, earnings per share has increased by 52% per year but the company’s share price has increased by 87% per year, which means it is tracking significantly ahead of earnings growth.

_________________
I am the wisest man alive, for I know one thing, and that is that I know nothing.
Socrates
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