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+16
jiggysaurus
කිත්සිරි ද සිල්වා
sfmr555
bullstreet
bonbon
xmart
HUNTER
Backstage
Jana1
Rana
sashimaal
First Guy
aero
Yin-Yang
lanka
yellow knife
20 posters
LWL.N0000 (Lanka Walltiles PLC)
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
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.
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.
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
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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yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
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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lanka- Posts : 624
Join date : 2014-11-26
Appreciate your valuable contribution -Thanks
Yin-Yang- Posts : 1321
Join date : 2016-03-12
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?
(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?
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
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 )
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 )
Yin-Yang- Posts : 1321
Join date : 2016-03-12
Thanks YK; I consider it as a good answer.
aero- Posts : 48
Join date : 2014-02-28
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qtr EPS 4.4
12 months eps 25/-
NAV 158(increase by 24rs)
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
First Guy- Posts : 2599
Join date : 2014-02-22
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.
aero- Posts : 48
Join date : 2014-02-28
yes mate. SGT better than it
Yin-Yang- Posts : 1321
Join date : 2016-03-12
If there is higher tax, it must be something to do with 'loosing' BOI status they talked in the budget; Isn't it?
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
LWL further improved in performance during the year...It invested on machinery in order to ensure sustainability of this production...
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yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
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yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
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sashimaal- Top contributor
- Posts : 5785
Join date : 2014-02-28
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Rana- Top contributor
- Posts : 1786
Join date : 2015-12-16
thank you Mr.Shashimal
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Jana1- Top contributor
- Posts : 630
Join date : 2014-02-23
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.
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.
Backstage- Top contributor
- Posts : 3803
Join date : 2014-02-24
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.
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
Jana
This is what may have prompted you to exit LWL...
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..
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..
HUNTER- Top contributor
- Posts : 1935
Join date : 2014-07-14
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"
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"
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
Ok... Thanks Hunter.. I will capture that in Mirror too...
sashimaal- Top contributor
- Posts : 5785
Join date : 2014-02-28
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
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
yellow knife- Top contributor
- Posts : 6980
Join date : 2014-03-27
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...
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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