The Investor Sentiment - Equity and investments forum for Sri Lankans



Join the forum, it's quick and easy

The Investor Sentiment - Equity and investments forum for Sri Lankans

The Investor Sentiment - Equity and investments forum for Sri Lankans

Would you like to react to this message? Create an account in a few clicks or log in to continue.
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

Please send an email to contact.lankaninvestor@gmail.com if you face any technical difficulties when posting

Latest topics

» CCS.N0000 ( Ceylon Cold Stores)
Aluminium - Snapshot EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
Aluminium - Snapshot EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
Aluminium - Snapshot EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
Aluminium - Snapshot EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
Aluminium - Snapshot EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
Aluminium - Snapshot EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
Aluminium - Snapshot 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
Aluminium - Snapshot EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
Aluminium - Snapshot EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
Aluminium - Snapshot EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
Aluminium - Snapshot EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
Aluminium - Snapshot EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
Aluminium - Snapshot EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
Aluminium - Snapshot EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
Aluminium - Snapshot EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
Aluminium - Snapshot EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
Aluminium - Snapshot EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
Aluminium - Snapshot EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
Aluminium - Snapshot EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
Aluminium - Snapshot EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
Aluminium - Snapshot EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
Aluminium - Snapshot EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
Aluminium - Snapshot EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
Aluminium - Snapshot EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
Aluminium - Snapshot EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
Aluminium - Snapshot EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
Aluminium - Snapshot EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
Aluminium - Snapshot EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
Aluminium - Snapshot EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
Aluminium - Snapshot EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
Aluminium - Snapshot EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
Aluminium - Snapshot EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
Aluminium - Snapshot EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
Aluminium - Snapshot EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
Aluminium - Snapshot EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
Aluminium - Snapshot EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
Aluminium - Snapshot EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
Aluminium - Snapshot EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
Aluminium - Snapshot EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
Aluminium - Snapshot EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
Aluminium - Snapshot EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
Aluminium - Snapshot EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
Aluminium - Snapshot EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
Aluminium - Snapshot EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
Aluminium - Snapshot EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
Aluminium - Snapshot EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
Aluminium - Snapshot EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
Aluminium - Snapshot EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
Aluminium - Snapshot EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
Aluminium - Snapshot EmptyThu Oct 06, 2022 11:26 am by කිත්සිරි ද සිල්වා

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

4 posters

    Aluminium - Snapshot

    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22

    Aluminium - Snapshot Empty Aluminium - Snapshot

    Post by First Guy Tue Jul 28, 2015 10:40 pm

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

    Since Aluminium has been a hot topic!

    LALU numbers are as at March results while ALUM and PARQ are updated for June.

    Interesting trendline and trading multiples. In fact, looks like the market got it correct again. ALUM has better ROE and trading at better price. But is the gap too much?

    How does future growth look like?
    First Guy
    First Guy


    Posts : 2599
    Join date : 2014-02-22

    Aluminium - Snapshot Empty Re: Aluminium - Snapshot

    Post by First Guy Wed Jul 29, 2015 9:37 pm

    In the above table, EPS was taken directly from the reports. LALU has a gain on sale of subsidiary reported in the December 2014 report. If that is excluded, trailing P/E comes to 9.3x (based on yesterday's price)
    Either it's too expensive or PARQ is cheap. I think it's both.

    Look at LALU's trend. Not so good compared to others.
    [You must be registered and logged in to see this image.]
    Is the market expecting anything better? Or is it ready for a slide when results come out?
    avatar
    hariesha
    Top contributor
    Top contributor


    Posts : 1329
    Join date : 2014-04-09

    Aluminium - Snapshot Empty Re: Aluminium - Snapshot

    Post by hariesha Mon Apr 23, 2018 12:07 pm

    World aluminium prices have hit seven year high and prices are expected to surge further. Rupee has depreciated to all time lows.

    How our Aluminium companies will face the new challenges. All three companies are in negative cash flows with increasing borrowings and operating expenses. Ability to pass the costs to buyers will be key. But recently added capacities will be a deterrent to price revisions, if demand not improved sufficiently.

    Historically ALUM has played well with volatile aluminum prices. But now they are with high gearing which might limit their maneuvering.

    As investors point of view, I think sector is not attractive at current prices.
    avatar
    yellow knife
    Top contributor
    Top contributor


    Posts : 6980
    Join date : 2014-03-27

    Aluminium - Snapshot Empty Re: Aluminium - Snapshot

    Post by yellow knife Mon Apr 23, 2018 12:40 pm

    Thanks Hariesha
    CK
    CK
    Active Member
    Active Member


    Posts : 1393
    Join date : 2015-11-01

    Aluminium - Snapshot Empty Re: Aluminium - Snapshot

    Post by CK Mon Apr 23, 2018 1:09 pm

    Avoid these shares as this is impacted on present imports and hence profit margins will be lower in future.

      Current date/time is Sat Jun 22, 2024 8:33 am