TJL Community

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Brinthan
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Re: TJL Community

Postby Brinthan » Mon Jan 15, 2018 8:47 pm

Guys how much divdend can we expect from TJL....?

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Re: TJL Community

Postby Suranga malli » Tue Jan 16, 2018 6:56 pm

Brinthan wrote:Guys how much divdend can we expect from TJL....?




May be 0.80 to 1Rs... :-bd
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Re: TJL Community

Postby Blue Whale » Thu Jan 25, 2018 8:06 am

TJL seems having a good support between 35 - 36. Think this level has discounted all the negatives.
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Re: TJL Community

Postby SHARK » Thu Jan 25, 2018 8:09 am

the report would be crucial to see some turnaround, with higher cotton prices since may 2017. can they deliver with rising input costs.
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Re: TJL Community

Postby Blue Whale » Thu Jan 25, 2018 9:09 am

The negative report is the expectation by market I think.
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Re: TJL Community

Postby PAT » Fri Jan 26, 2018 10:56 am

Blue Whale wrote:The negative report is the expectation by market I think.


Yes.....
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Re: TJL Community

Postby Blue Whale » Fri Jan 26, 2018 12:13 pm

So that is the best time to sneak in. :-bd
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Re: TJL Community

Postby SHARK » Fri Jan 26, 2018 9:14 pm

done very well, and am impressed with the initial numbers we see. the explanation by chairman wraps it up nicely.

i expect TJL to do well, with a tab on cotton prices this quarter.

so we need to worry only one thing thats the cotton going forward.

so all those interested in TJL must keep an eye on our regular commodity updates thread :)
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Re: TJL Community

Postby Blue Whale » Fri Jan 26, 2018 10:03 pm

So TJL managed to report 5% gain in PAT in Q4 2017 YoY. 34% gain in PAT QoQ. So my expectations hold true as I said few quarters of drop in earnings can be overcome in the subsequent quarters.

So my belief of TJL now trading @ the bottom will hold true as well. And from this point onwards we should see the foreign activity picking up in TJL as well.
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Re: TJL Community

Postby Blue Whale » Fri Jan 26, 2018 10:06 pm

Blue Whale wrote:Though YoY status says need to improve I can see QoQ they are recovering.

Good revenue growth

Margins are improving gradually

I think TJL price should establish at the current level to test long term target @ around 50/-

https://cdn.cse.lk/cmt/upload_report_fi ... 638962.pdf


I said this after analyzing the last quarter result. And this quarter result confirms that my senses are correct :D
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Re: TJL Community

Postby Blue Whale » Fri Jan 26, 2018 10:10 pm

Blue Whale wrote:Guys, I expected this kind of a result but didn't expect that the situation is serious like this. In fact I expected a moderate PAT growth YoY but looks like TJL will close the 2017/18 FY behind 2016/17 FY.

My advise is don't panic to sell any of TJL because buying will come at the right point. Also don't rush into buying as well when you see a 1 or 2 rupee drop suddenly. But keep watching till the price looks stabilizing.

That's BW's advise.


Posted on July 27th. Actually TJL didn't crashed due to couple of quarters of low profitability and from now onwards it should gradually move up.
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Re: TJL Community

Postby SHARK » Sat Jan 27, 2018 10:20 am

Blue Whale wrote:
Blue Whale wrote:Though YoY status says need to improve I can see QoQ they are recovering.

Good revenue growth

Margins are improving gradually

I think TJL price should establish at the current level to test long term target @ around 50/-

https://cdn.cse.lk/cmt/upload_report_fi ... 638962.pdf


I said this after analyzing the last quarter result. And this quarter result confirms that my senses are correct :D
Thanks
BTW Keep your Sensors well cleaned as we will need them in other areas /counters i mean :ymhug:
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Re: TJL Community

Postby Blue Whale » Sat Jan 27, 2018 10:27 am

SHARK wrote:
Blue Whale wrote:
Blue Whale wrote:Though YoY status says need to improve I can see QoQ they are recovering.

Good revenue growth

Margins are improving gradually

I think TJL price should establish at the current level to test long term target @ around 50/-

https://cdn.cse.lk/cmt/upload_report_fi ... 638962.pdf


I said this after analyzing the last quarter result. And this quarter result confirms that my senses are correct :D
Thanks
BTW Keep your Sensors well cleaned as we will need them in other areas /counters i mean :ymhug:

Asking too much neda :)
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Re: TJL Community

Postby Investor from 1985 » Sun Jan 28, 2018 2:07 pm

Blue Whale wrote:So TJL managed to report 5% gain in PAT in Q4 2017 YoY. 34% gain in PAT QoQ. So my expectations hold true as I said few quarters of drop in earnings can be overcome in the subsequent quarters.

So my belief of TJL now trading @ the bottom will hold true as well. And from this point onwards we should see the foreign activity picking up in TJL as well.



:-? :))
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Re: TJL Community

Postby Blue Whale » Sun Jan 28, 2018 2:22 pm

Investor from 1985 wrote:
Blue Whale wrote:So TJL managed to report 5% gain in PAT in Q4 2017 YoY. 34% gain in PAT QoQ. So my expectations hold true as I said few quarters of drop in earnings can be overcome in the subsequent quarters.

So my belief of TJL now trading @ the bottom will hold true as well. And from this point onwards we should see the foreign activity picking up in TJL as well.



:-? :))

Yes it is the time for you to channel your bit coin profits into TJL :))
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Re: TJL Community

Postby PAT » Sun Jan 28, 2018 11:29 pm

Sri Lanka's Teejay Lanka group net up 5-pct, helped by GSP+

ECONOMYNEXT - Sri Lanka's Teejay Lanka Plc, a knot fabric maker, said profits rose 5 percent to 496 million rupees in the December 2017 quarter from a year earlier, amid volatile cotton prices, but it had a strong order book and extra capacity in India.

The group reported earnings of 71 cents per share for the quarter. In the nine months to December it reported earnings of 1.54 rupees per share on total earnings of 1.08 billion rupees down 26 percent.

Revenues grew 5 percent to 6.6 billion rupees in the December quarter amid delays in getting new capacity in India utilized. Cost of sales rose 5 percent to 5.7 billion rupees and gross profit grew 4 percent to 5.7 billion rupees.

Chairman Bill Lam said teething issues in capacity expansion forced in India had slowed the pace but expected the problems to be sorted in the current quarter.

Rising cotton prices had pressured margins and another yarn price was expected, he said.

Teejay Lanka was operating at full capacity benefiting from GSP+ trade access to Europe.

Standalone profits at Teejay Lanka rose 24-pct to 369 millon rupees.
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Re: TJL Community

Postby Blue Whale » Mon Jan 29, 2018 6:57 am

Thanks PAT. So GSP+ was the game changer. People were worried over the US GSP+ issue. Does this result indicate that it is not a big issue or the impact going to reflect in future quarters :-?
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Re: TJL Community

Postby SHARK » Mon Jan 29, 2018 11:06 am

good if the cotton price sees some correction as its hit a recent peak and testing to break out.
if this can be eliminated there will be less headwind
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Re: TJL Community

Postby Blue Whale » Mon Jan 29, 2018 11:59 am

Yes the behavior of the input prices can have a big say. Lets see. Anyway looks like the price is heating up.
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Re: TJL Community

Postby SHARK » Sat Feb 03, 2018 9:17 pm

this is giving great sup, around 36
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Re: TJL Community

Postby Blue Whale » Sat Feb 03, 2018 9:44 pm

Just a matter of time before foreigners have a say at it.
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Re: TJL Community

Postby PAT » Sun Feb 04, 2018 1:53 am

SHARK wrote:this is giving great sup, around 36


Yes...... :-bd
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Re: TJL Community

Postby Investor from 1985 » Sun Feb 04, 2018 12:37 pm

Blue Whale wrote:Just a matter of time before foreigners have a say at it.





:)) :)) =))
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Re: TJL Community

Postby Investor from 1985 » Sun Feb 04, 2018 12:39 pm

Blue Whale wrote:
Investor from 1985 wrote:
Blue Whale wrote:So TJL managed to report 5% gain in PAT in Q4 2017 YoY. 34% gain in PAT QoQ. So my expectations hold true as I said few quarters of drop in earnings can be overcome in the subsequent quarters.

So my belief of TJL now trading @ the bottom will hold true as well. And from this point onwards we should see the foreign activity picking up in TJL as well.



:-? :))

Yes it is the time for you to channel your bit coin profits into TJL :))



Not a bad Idea....
If you can stay positive in a negative situation you WIN. $-)

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Re: TJL Community

Postby Blue Whale » Mon Feb 05, 2018 12:31 pm

I have updated my forecasts based on the recent quarter results. Though based on PE & NAV based valuations indicate that the stock price is overvalued @ CMP the intrinsic value analysis still confirms that the stock as a huge future value potential given its long term earning trajectory.
TJL Financial Forecast 5th Feb 18.jpg
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