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LWL.N0000 (Lanka Walltiles PLC)

+16
jiggysaurus
කිත්සිරි ද සිල්වා
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yellow knife
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LWL.N0000 (Lanka Walltiles PLC) Empty LWL.N0000 (Lanka Walltiles PLC)

Wed May 25, 2016 9:01 am
Message reputation : 100% (3 votes)
Once again LWL reminds us the octopus of the tile industry.

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LWL.N0000 (Lanka Walltiles PLC) Empty Re: LWL.N0000 (Lanka Walltiles PLC)

Wed May 25, 2016 9:07 am
Message reputation : 100% (1 vote)
The demand for tiles is segmented as Floor Tiles and Wall Tiles and each enjoy 80% and 20% market share respectively.

Even though Sri Lankan consumer has embraced Floor Tiles against other alternatives of floor surfacing, Wall Tile is resisted with the perception Wall Tiles are luxury end products.

The Tile industry is heavily depending on LP Gas as energy cost account for more than 40% of the industry wide average cost of production.
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LWL.N0000 (Lanka Walltiles PLC) Empty Re: LWL.N0000 (Lanka Walltiles PLC)

Wed May 25, 2016 9:08 am
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Revenue of the Group was improving and the cheap imports from India, China and Indonesia is slightly affecting to the market.

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LWL.N0000 (Lanka Walltiles PLC) Empty Re: LWL.N0000 (Lanka Walltiles PLC)

Wed May 25, 2016 9:09 am
Message reputation : 100% (1 vote)
EPS is growing steadily.

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LWL.N0000 (Lanka Walltiles PLC) Empty Re: LWL.N0000 (Lanka Walltiles PLC)

Wed May 25, 2016 9:10 am
Message reputation : 100% (3 votes)
Fair value adjustments to the property in 2011 increased the revenue substantially where the fair value adjustment is Rs 874,987,000.

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LWL.N0000 (Lanka Walltiles PLC) Empty Re: LWL.N0000 (Lanka Walltiles PLC)

Wed May 25, 2016 10:58 am
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Appreciate your valuable contribution -Thanks
Yin-Yang
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LWL.N0000 (Lanka Walltiles PLC) Empty Re: LWL.N0000 (Lanka Walltiles PLC)

Wed May 25, 2016 11:22 am
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Good presentation YK.

(To be addressed in a suitable time in the thread)

What do you think of the political developments towards the industry; do you think the monopoly might be affected driving the revenue and the margins down?
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LWL.N0000 (Lanka Walltiles PLC) Empty Re: LWL.N0000 (Lanka Walltiles PLC)

Wed May 25, 2016 11:40 am
Message reputation : 100% (2 votes)
The political influence faded with time.

Initially the new government  made different statements affecting investors like CGT and Super Gain Tax and Crushing Crony Capitalists..

Now the government is matured. Now they understand what will happen to Forex the moment imports are encouraged sending the local manufacturer home.

Anyway Ying Yang , I like to keep the thread only for LWL and out of politics.. all the share related industry analysis I tried my best to keep the books clean. ( I am the self appointed librarian here )
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LWL.N0000 (Lanka Walltiles PLC) Empty Re: LWL.N0000 (Lanka Walltiles PLC)

Wed May 25, 2016 12:31 pm
Message reputation : 100% (1 vote)
Thanks YK; I consider it as a good answer.
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LWL.N0000 (Lanka Walltiles PLC) Empty Re: LWL.N0000 (Lanka Walltiles PLC)

Thu May 26, 2016 10:47 pm
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qtr EPS 4.4
12 months eps 25/-
NAV  158(increase by 24rs)


Last edited by aero on Thu May 26, 2016 11:45 pm; edited 1 time in total
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LWL.N0000 (Lanka Walltiles PLC) Empty Re: LWL.N0000 (Lanka Walltiles PLC)

Thu May 26, 2016 11:01 pm
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aero wrote:[You must be registered and logged in to see this link.]

qtr EPS 4.4 (due to the super gain tax)
12 months eps 25/-
NAV  158(increase by 24rs)

super gain tax is a past matter. it is not charged in present year. the increase in tax is due to some other reason.
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LWL.N0000 (Lanka Walltiles PLC) Empty Re: LWL.N0000 (Lanka Walltiles PLC)

Thu May 26, 2016 11:46 pm
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yes mate. SGT better than it
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LWL.N0000 (Lanka Walltiles PLC) Empty Re: LWL.N0000 (Lanka Walltiles PLC)

Fri May 27, 2016 8:20 am
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If there is higher tax, it must be something to do with 'loosing' BOI status they talked in the budget; Isn't it?
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LWL.N0000 (Lanka Walltiles PLC) Empty Re: LWL.N0000 (Lanka Walltiles PLC)

Fri Jul 29, 2016 1:47 pm
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LWL further improved in performance during the year...It invested on machinery in order to ensure sustainability of this production...

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LWL.N0000 (Lanka Walltiles PLC) Empty Re: LWL.N0000 (Lanka Walltiles PLC)

Fri Jul 29, 2016 1:47 pm
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LWL.N0000 (Lanka Walltiles PLC) Empty Re: LWL.N0000 (Lanka Walltiles PLC)

Fri Jul 29, 2016 1:49 pm
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LWL.N0000 (Lanka Walltiles PLC) Empty Re: LWL.N0000 (Lanka Walltiles PLC)

Fri Jul 29, 2016 5:14 pm
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LWL.N0000 (Lanka Walltiles PLC) Empty Re: LWL.N0000 (Lanka Walltiles PLC)

Fri Jul 29, 2016 5:16 pm
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thank you Mr.Shashimal
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LWL.N0000 (Lanka Walltiles PLC) Empty Re: LWL.N0000 (Lanka Walltiles PLC)

Fri Jul 29, 2016 5:52 pm
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YK,

It is time to look its qtr performance. I got exit after looking last qtr report. /Just saw this qtr report, still remains same. PARQ has one well, I guess. But I exit parq too as crude oil price bottom out. Let c how these companies run in the longterm.
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LWL.N0000 (Lanka Walltiles PLC) Empty Re: LWL.N0000 (Lanka Walltiles PLC)

Mon Aug 01, 2016 11:10 am
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Jana1 wrote:YK,

It is time to look its qtr performance. I got exit after looking last qtr report. /Just saw this qtr report, still remains same. PARQ has one well, I guess. But I exit parq too as crude oil price bottom out. Let c how these companies run in the longterm.

Nice knowing you are around Jana1. I would like to request you to give us a heads up on any information about the Rubber future if any. Sorry to go off topic and thanks. Smile
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LWL.N0000 (Lanka Walltiles PLC) Empty Re: LWL.N0000 (Lanka Walltiles PLC)

Mon Aug 01, 2016 11:16 am
Message reputation : 100% (1 vote)
Jana

This is what may have prompted you to exit LWL...

The Tile industry is heavily depending on LP Gas as energy cost account for more than 40% of the industry wide average cost of production

FG is doing analysis on Quarter reports and we are lucky to read these quarter analysis..


I am wondering whether we should move few miles ahead with inclusion of some other ways of predicting performances of companies...

For an example if we can do research with few leading Hardware owners we can see the direction before quarter results get published...

*************************************************************

Backstage
Yes we are lucky to see Jana back....

Jana I really read and studied  your lengthy articles earlier...hope to see your articles again..
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LWL.N0000 (Lanka Walltiles PLC) Empty Re: LWL.N0000 (Lanka Walltiles PLC)

Mon Aug 01, 2016 2:58 pm
Message reputation : 100% (1 vote)
IMO. LWL is good but not undervalued at the moment. By looking at the price and performance trends, we can expect a medium term swing movement between 90/- and 120/-.

Right now, it looks like a down swing, which can bring the price near 90/- towards early April '17.

(My action would be similar to that of Jana1)

-----
BTW: Notice our 'Librarian' in the thread:

"I would state LWL.N will reach down below 90/- before the end of April 2017"

"And form a bottom between 80/- and 90/-"

"And move up again at least 20% within the year 2017"
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LWL.N0000 (Lanka Walltiles PLC) Empty Re: LWL.N0000 (Lanka Walltiles PLC)

Mon Aug 01, 2016 3:19 pm
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Ok... Thanks Hunter.. I will capture that in Mirror too...
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LWL.N0000 (Lanka Walltiles PLC) Empty Re: LWL.N0000 (Lanka Walltiles PLC)

Mon Aug 01, 2016 4:00 pm
Message reputation : 100% (1 vote)
Most of the fundamental stocks are beaten down at the moment. LWL is one. It doesn't have to do anything better to get to Rs 150-160 levels. It's just that the Country situation is affecting the Market negatively.

They should rise next year with ASI coming to its worth..of course Rs 150 will be easily broken within 2017 and very much more is possible if no surprise negative factors in economy occur...

Disc: not holding at the moment

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LWL.N0000 (Lanka Walltiles PLC) Empty Re: LWL.N0000 (Lanka Walltiles PLC)

Mon Aug 01, 2016 4:12 pm
Well I am holding the share and bought and averaged  at 67.63 and happy with Dividends...

This share as well as entire tile and aluminum industry was threatened with " Crushing Crony Capitalists " in 2015. Yet that year itself was a remarkable one for LWL.

Challenging environments are not what well seasoned businessmen avoid, but thrive...Market price of a share is not purely depending on company performance when evaluated at a particular moment, but heavily depending on the long run. That is where TAs and Fundamentalists differ.. TAs find even share prices go up without reasons to assign but for Fundamentalists they see reasons behind share price.

For me LWL is worthy holding for long-term...
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