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)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research 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
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
ACL Cables PLC - 2Q16 Earnings Review--SC Securities Research 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

3 posters

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

    avatar
    CSE.SAS


    Posts : 263
    Join date : 2014-02-23

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

    Post by CSE.SAS 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.]
    Hawk Eye
    Hawk Eye


    Posts : 428
    Join date : 2014-03-11

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

    Post by Hawk Eye 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
    avatar
    malan 100


    Posts : 45
    Join date : 2014-02-23

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

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

    Thanks hawk eye. Very useful information

      Current date/time is Mon Jun 17, 2024 8:25 pm