The Investor Sentiment - Equity and investments forum for Sri Lankans
Search
 
 

Display results as :
 


Rechercher Advanced Search

Latest topics
» "පියසේනට දැං සනීපයි..."
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyToday at 8:29 am by yellow knife

» What's going to happen
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyToday at 6:26 am by serene

» Thread for News on CSE and SL Economy
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyYesterday at 8:22 pm by ruwan326

» Dividend Announcement
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyYesterday at 4:52 pm by Ethical Trader

» TJL.N0000 (Textured Jersey Lanka PLC.)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyYesterday at 11:50 am by serene

» CFVF - First Capital
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyYesterday at 7:43 am by serene

» විද්‍යාව මිස්ගේ පාඩම...
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyWed Jul 17, 2019 7:27 am by sanjulanka

» Trading Journal
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyTue Jul 16, 2019 11:50 pm by pathfinder

» වචන නම් අපේ ඒත් තනුව ?????????
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyTue Jul 16, 2019 8:08 pm by Rana

» Access Engineering AEL Technical Analysis
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyMon Jul 15, 2019 3:07 pm by NIRMALSG

» Tourism sector
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptySun Jul 14, 2019 8:57 am by NIRMALSG

» Cricket, meet Capitalism
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyFri Jul 12, 2019 1:24 pm by කිත්සිරි ද සිල්වා

» LFIN - LB Finance
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyThu Jul 11, 2019 11:27 am by Ethical Trader

» අපි නොදන්න චෙස් කිව්වලු !
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyTue Jul 09, 2019 6:25 pm by serene

» Stock Market to stay Bullish
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyMon Jul 08, 2019 7:51 am by කිත්සිරි ද සිල්වා

» Is an emoji a word or a gesture?
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyMon Jul 08, 2019 7:46 am by කිත්සිරි ද සිල්වා

»  Rajgama Heroes !
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyMon Jul 08, 2019 7:39 am by කිත්සිරි ද සිල්වා

» HHL.N0000 ( Hemas Holdings PLC)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptySun Jul 07, 2019 12:25 pm by dhanurrox

» Checkmate, meatbags !
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptySun Jul 07, 2019 7:20 am by spw19721

» GLAS.N0000 (PIRAMAL GLASS CEYLON PLC)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptySat Jul 06, 2019 8:13 am by කිත්සිරි ද සිල්වා

» සංචාරක පැමිණීම ක්‍රමයෙන් යහපත් වන ලකුණු
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyFri Jul 05, 2019 6:11 pm by serene

» SAMP.N0000 (SAMPATH BANK PLC)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyThu Jul 04, 2019 8:55 am by serene

» Easter Sunday Attack and Sri Lanka
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyThu Jul 04, 2019 8:46 am by කිත්සිරි ද සිල්වා

» අනං මනං! #/+?.<>
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyWed Jul 03, 2019 10:07 pm by ruwan326

» First capital holdings
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyWed Jul 03, 2019 1:37 pm by serene

» What to Analyse
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyMon Jul 01, 2019 11:33 am by serene

» අනිසි ලෙස කොටස් මිල හැසිර වූ ආයෝජකයින් දෙදෙනෙකුට සුරැකුම්පත් කොමිසමෙන් නඩු
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyFri Jun 28, 2019 2:11 pm by Ethical Trader

» අද වෙන්දේසියේ දී බිල්පත් පොළිය පහළට.
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyFri Jun 28, 2019 7:46 am by serene

» AAIC.N0000
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyFri Jun 28, 2019 7:33 am by serene

» SERV - The Kingsbury
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyThu Jun 27, 2019 8:27 pm by ruwan326

» TPL.N0000 (TALAWAKALE PLANTATIONS )
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyWed Jun 26, 2019 2:22 pm by nuwanmja

» Life After Google
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyTue Jun 25, 2019 5:28 pm by කිත්සිරි ද සිල්වා

» S&P ශ්‍රී ලංකා 20 දර්ශකයේ වෙනසක්. CTC, NTB, රිචඩ් පීරිස් සහ ටෝක්යෝ සිමෙන්ති ඉවතට
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyTue Jun 25, 2019 6:37 am by nihal123

» Future of Tea Industry
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyMon Jun 24, 2019 6:54 pm by hammurabi

» Cricket !
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyMon Jun 24, 2019 2:22 pm by කිත්සිරි ද සිල්වා

» DIPD.N0000 (Dipped Products)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyMon Jun 24, 2019 11:40 am by Ethical Trader

» DOCK.N0000 (COLOMBO DOCKYARD PLC)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptySun Jun 23, 2019 9:14 pm by hammurabi

» මිල සූත්‍රය වැරදුණාද, වැරැද්දුවාද?
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyFri Jun 21, 2019 5:25 pm by Ethical Trader

» Happy Father's Day !
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyMon Jun 17, 2019 8:58 pm by spw19721

» DPL.N0000 (Dankotuwa Porcelain PLC)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptySun Jun 16, 2019 7:12 am by NIRMALSG

» Re: Financial reports Q1-2019
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyFri Jun 14, 2019 8:57 pm by dhanurrox

» SEYB.N0000 ( SEYLAN BANK PLC )
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyThu Jun 13, 2019 8:11 pm by ruwan326

» NTB.N0000 (NATIONS TRUST BANK PLC)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyThu Jun 13, 2019 8:08 pm by ruwan326

» PABC.N0000 (Pan Asia Banking Corporation PLC)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyThu Jun 13, 2019 8:06 pm by ruwan326

» NDB.N0000 (NATIONAL DEVELOPMENT BANK PLC)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyThu Jun 13, 2019 7:58 pm by ruwan326

» HNB.N0000 ( Hatton National Bank PLC)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyThu Jun 13, 2019 7:57 pm by ruwan326

» HDFC.N0000 (HOUSING DEVELOPMENT FINANCE CORPORATION BANK OF SRI LANKA)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyThu Jun 13, 2019 7:48 pm by ruwan326

» DFCC.N0000 ( DFCC BANK PLC )
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyThu Jun 13, 2019 7:45 pm by ruwan326

» COMB.N0000 ( COMMERCIAL BANK OF CEYLON PLC )
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyThu Jun 13, 2019 7:43 pm by ruwan326

» Should CSE be like this? Whose FAULT is it?
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyWed Jun 12, 2019 5:21 pm by Yin-Yang

July 2019
SunMonTueWedThuFriSat
 123456
78910111213
14151617181920
21222324252627
28293031   

Calendar Calendar

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

ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research

Go down

ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research Empty ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research

Post by CSE.SAS on Mon Nov 16, 2015 7:26 pm

Click the below link to download the Report of ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research

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

CSE.SAS

Posts : 263
Join date : 2014-02-23

Back to top Go down

ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research Empty Re: ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research

Post by Hawk Eye on Tue Nov 17, 2015 10:40 am

Updated with latest RM prices and Quarterly Report

The principal raw materials used in the production of wires and cables are copper and aluminum as conductive materials and plastic and rubber for insulation. All the raw materials are at its lowest, therefore input cost of Cable companies are low and margins are high.

Copper decreased to 2.08 USD/LB on Tuesday November 17 from 2.12 USD/LB in the previous trading day. Copper averaged 3.05 from 2010 until 2015, reaching an all time high of 4.58 in February of 2011 and a record low of 2.08 in November of 2015.
Aluminum decreased to 1471 USD/Tonne on Monday November 16 from 1490 USD/Tonne in the previous trading day. Aluminum averaged 1802.73 from 1989 until 2015, reaching an all time high of 3271.25 in July of 2008 and a record low of 1022.70 in November of 1993.
Rubber increased to 157.10 JPY/kg on Tuesday November 17 from 156.20 JPY/kg in the previous trading day. Rubber averaged 264.45 from 2010 until 2015, reaching an all time high of 526.40 in February of 2011 and a record low of 154.90 in November of 2015
[You must be registered and logged in to see this link.]
ACL cables
Annual Sales
2009/10---: 7,242 Mn
2010/11---: 9,569 Mn
2011/12---: 10,306 Mn
2012/13---: 11,326 Mn
2013/14---: 11,446 Mn
2014/15---: 14,427 Mn

Latest Quarterly Sales- 2015/16
2015/16 –Q1 -3,327Mn
2015/16 –Q1 -3,352Mn

Sales grown by 26% during the year 2014/15.
… During the second half of 2014/15, there was a surge in sales in the Dealer market and in the Institutional market including the Ceylon Electricity Board which is our most important Customer. This was mainly due to the increase in infrastructure development activities of the Government as well as those of the Private sector… Annual Report 2014/15- MDs Review

Compared to June and September there is a marginal drop in sales, but the GP margin improved by further 2% increasing the bottomine

Gross Profit - Annual
2009/10---: 16%
2010/11---: 13%
2011/12---: 17%
2012/13---: 16%
2013/14---: 17%
2014/15---:  18%

Gross Profit -Quarter
2015/16---Q1: 22%
2015/16---Q1: 24%


As highlighted above, most of the raw material related  to cable production was high during 2011. It is clearly reflected in ACL cables performance  as well, by reporting a low GP margin % for 2011 and high at 2015.  And the forecast prices  for these metals are expected to be remain low

EPS-Annual
2014/15-Q1- 0.51
2014/15-Q2-2.86
2014/15-Q3-3.92
2014/15-Q4-7.26

EPS- Latest Qtr
2015/16-Q1- 4.41
2015/16-Q2- 4.56

Annualized – 17.94
Again the trend I note in the revenue and profit pattern are, they report a low revenue and profit for June Qtrs and keeps improving for the balance 3 Qtrs. Accordingly June  2015/16 Quarter has been a good start for them With a Revenue of 3.35Bn , GP margin 22% and EPS 4.41. Though the September Quarter sales hasn’t improved much due to unfavorable conditions from politics, economy and Industry the improving GP margin due to falling RM prices has pushed the bottomline

Cash Balance
2009/10---: 99 Mn
2010/11---: (284) Mn
2011/12---: 137 Mn
2012/13---: 402 Mn
2013/14---: 314 Mn
2014/15---:  631 Mn

2015/16 Q1 : 801 Mn
2015/16 Q1 : 1544 Mn


Very healthy cash position. This will reduce their finance cost in coming  Qtrs, and giving room for more expansions
   
Net  Assets/Share
2009/10---: 69.85
2010/11---: 70.45
2011/12---: 87.54
2012/13---: 95.48
2013/14---: 101.84
2014/15---:  123.39
2015/16 Q1 : 127.82
2015/16 Q2 : 130.55

HE
Hawk Eye
Hawk Eye

Posts : 426
Join date : 2014-03-11

Back to top Go down

ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research Empty Re: ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research

Post by malan 100 on Tue Nov 17, 2015 5:42 pm

Thanks hawk eye. Very useful information

malan 100

Posts : 43
Join date : 2014-02-23

Back to top Go down

Back to top


 
Permissions in this forum:
You cannot reply to topics in this forum