CIC Community

User avatar
SHARK
Savant
Savant
Posts: 14676
Joined: Sun Jan 11, 2015 10:03 pm
Location: Abu Dhabi
Flag: Sri Lanka
Contact:

Re: CIC Community

Postby SHARK » Wed Nov 16, 2016 7:14 am

Just waiting till when they will complete the exploration of funding options ..... :D
Price is what you pay. Value is what you get.”

User avatar
SHARK
Savant
Savant
Posts: 14676
Joined: Sun Jan 11, 2015 10:03 pm
Location: Abu Dhabi
Flag: Sri Lanka
Contact:

Re: CIC Community

Postby SHARK » Wed Nov 16, 2016 7:21 am

A Good Buy around 70Rs CIC NV
Price is what you pay. Value is what you get.”

User avatar
SHARK
Savant
Savant
Posts: 14676
Joined: Sun Jan 11, 2015 10:03 pm
Location: Abu Dhabi
Flag: Sri Lanka
Contact:

Re: CIC Community

Postby SHARK » Wed Nov 16, 2016 7:40 am

tvc_f3f74c5758c8f791569504972c68bb3a.png
You do not have the required permissions to view the files attached to this post.
Price is what you pay. Value is what you get.”

User avatar
SHARK
Savant
Savant
Posts: 14676
Joined: Sun Jan 11, 2015 10:03 pm
Location: Abu Dhabi
Flag: Sri Lanka
Contact:

Re: CIC Community

Postby SHARK » Tue Feb 14, 2017 8:55 pm

Price is what you pay. Value is what you get.”

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 7543
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: CIC Community

Postby Blue Whale » Tue Feb 14, 2017 10:09 pm

Profits impacted by higher finance cost.
Value Invest Profit

PAT
Moderator
Moderator
Posts: 6353
Joined: Sun Nov 15, 2015 4:40 pm
Flag: Australia

Re: CIC Community

Postby PAT » Fri Apr 07, 2017 1:01 am

Rising on new cash grant, despite the drought: BUY


"CIC reported a PAT of LKR 362mn (-36% YoY) for Q3 FY 17, resulting in an EPS of LKR 3.58, against our forecast of LKR 3.23. A sharp increase in finance cost (+174% YoY), propped by a disproportionate growth in borrowings resulted the drop. CIC continued to rely heavily on short term borrowings as agriculture related business slowed down the release of working capital during the quarter. EBIT improved 23% YoY to LKR 892mn, driven by an increase in sales of higher value fertilizer, post new cash grant. We expect fertilizer to continue to be the key revenue driver for CIC, with contribution increasing from the current 33% to 38% in FY 2018E. Livestock solution, the third largest contributor to CIC’s profits, saw margins expanding to 8% (Q3 FY 16 was 5%), as maize prices continued to remain well below historical levels. We have revised CIC’s livestock margin estimates to 14% in FY 2018E from 12% previously, as we look to the corn project to bring in synergies to the segment. Based on a DCF valuation, we have arrived at TP of LKR 108 (+35% on CMP). We reiterate BUY."



Bartleet Religare Securities (Pvt) Ltd
Live Today........
Without compromising your ability to Live Tomorrow……… :)

User avatar
SHARK
Savant
Savant
Posts: 14676
Joined: Sun Jan 11, 2015 10:03 pm
Location: Abu Dhabi
Flag: Sri Lanka
Contact:

Re: CIC Community

Postby SHARK » Fri Apr 07, 2017 1:04 am

They should reveal more indepth about lowering the funding cost statement ! this time....

RI would be 1 option....
Price is what you pay. Value is what you get.”

User avatar
SHARK
Savant
Savant
Posts: 14676
Joined: Sun Jan 11, 2015 10:03 pm
Location: Abu Dhabi
Flag: Sri Lanka
Contact:

Re: CIC Community

Postby SHARK » Wed May 17, 2017 5:53 pm

Price is what you pay. Value is what you get.”

User avatar
SHARK
Savant
Savant
Posts: 14676
Joined: Sun Jan 11, 2015 10:03 pm
Location: Abu Dhabi
Flag: Sri Lanka
Contact:

Re: CIC Community

Postby SHARK » Wed May 17, 2017 5:57 pm

corn.png

Can someone highlight the Price GAP between local maize(corn) price and international......
You do not have the required permissions to view the files attached to this post.
Price is what you pay. Value is what you get.”

User avatar
dhanurrox
Top Contributor
Top Contributor
Posts: 776
Joined: Sat Sep 10, 2016 1:36 pm
Flag: Sri Lanka

Re: CIC Community

Postby dhanurrox » Mon Jun 19, 2017 10:55 am

CIC.X technically good buy

User avatar
voight
Top Contributor
Top Contributor
Posts: 807
Joined: Sat Jul 23, 2016 4:08 pm
Flag: Sri Lanka

Re: CIC Community

Postby voight » Mon Jun 19, 2017 11:22 am

CIC.N too is a good value investment (A sleeping giant anyway as BW higlighted on his thread)
No tree grows to the sky :-?

User avatar
SHARK
Savant
Savant
Posts: 14676
Joined: Sun Jan 11, 2015 10:03 pm
Location: Abu Dhabi
Flag: Sri Lanka
Contact:

Re: CIC Community

Postby SHARK » Fri Jul 28, 2017 12:38 pm

what sort of results we could expect ..... this quarter.

this is also one possible candidate for future Rights....
Price is what you pay. Value is what you get.”

User avatar
SHARK
Savant
Savant
Posts: 14676
Joined: Sun Jan 11, 2015 10:03 pm
Location: Abu Dhabi
Flag: Sri Lanka
Contact:

Re: CIC Community

Postby SHARK » Sun Sep 10, 2017 10:45 am

Sri Lanka’s long-standing leader in agriculture – the CIC Group – has elevated the country’s agriculture sector via futuristic investments amounting to over Rs. 2 billion, which are now infusing state-of-the-art technology into the industry, thereby making an enduring impact on the livelihoods of farmers.

Cropwiz, one of the country’s largest agriculture project to be resilient to seasonal weather patterns, is one such futuristic investment, which indicates the potential for protected agriculture at a time during which changing weather patterns are wreaking havoc on the country’s agriculture and food production. The project, with an investment of approximately Rs. 1 billion – is an international Joint Venture and employs cutting-edge greenhouse technology which enables ‘climate smart,’ year-round production, mitigating impact of climate change.

The project employs automated climate control and fertigation systems, as well as hydroponics. The greenhouses are envisaged to be largely self-sufficient and sustainable in terms of water requirement – through the use of a rainwater harvesting water reservoir and state of the art techniques resulting in near-zero water wastage. The project has also generated substantial employment opportunities for area residents.

The Golden Harvest Project, another futuristic initiative with an investment of approximately Rs. 1 billion, which envisages substantially increasing the productivity of corn farming in Sri Lanka, is already making its impact felt in the local industry.

As part of the project two plants with a total dryer and storage capacity of 32,000 MT were constructed by CIC and these are already in operation. In addition, farming communities are provided training and expertise as part of the project, which has thereby enriched the lives of more than 13,400 farmers in Moneragala and Anuradhapura areas. The project also ensure safer inputs in the production of poultry feeds via the application of proper drying techniques.

The only seed to shelf agriculture company in Sri Lanka that manages its own farm land, works directly with over 40,000 rural out-grower farmers and produces a variety of Agriculture & Livestock products such as Seed Paddy, Rice, Fruits, Vegetables, Eggs, Yoghurt, Curd etc. under its own Brand name for the local and export market, CIC Agri Businesses works with a strong commitment towards enhancing farmer incomes, improving the Rural Economy and contributing towards the Development of Agriculture in Sri Lanka.

"While we are charging ahead with these cutting-edge futuristic agri investments, we are also rationalizing our existing legacy businesses. These new investments needs a new mind-set and acquiring new competencies, which is now being addressed via our 2020 Re-strategizing project with MTI Consulting" said Group MD Samantha Ranatunga.
Price is what you pay. Value is what you get.”

User avatar
SHARK
Savant
Savant
Posts: 14676
Joined: Sun Jan 11, 2015 10:03 pm
Location: Abu Dhabi
Flag: Sri Lanka
Contact:

Re: CIC Community

Postby SHARK » Sun Sep 10, 2017 10:47 am

Will this bring that long overdue RIGHTS ... Dividends Pay is lower than previous years as we see.
Price is what you pay. Value is what you get.”

User avatar
SHARK
Savant
Savant
Posts: 14676
Joined: Sun Jan 11, 2015 10:03 pm
Location: Abu Dhabi
Flag: Sri Lanka
Contact:

Re: CIC Community

Postby SHARK » Sun Oct 15, 2017 11:26 am

as stated in CIC v GRAN thread, the company will start to turn the corners in couple of quarters from now.
yes it had its ups and downs..... and group had withstood the difficult period and now possibly as stated in few quarters ... should see this back in profits.

fingers crossed ....

possibility of selling part of the business that is not doing well could be on the cards... as per AR
Price is what you pay. Value is what you get.”

User avatar
SHARK
Savant
Savant
Posts: 14676
Joined: Sun Jan 11, 2015 10:03 pm
Location: Abu Dhabi
Flag: Sri Lanka
Contact:

Re: CIC Community

Postby SHARK » Sun Oct 15, 2017 5:11 pm

Here is the Trade Set up for Aggressive Traders ;

Buy CMP
Stop loss 65
Target 80/90

For conservative Traders : Wait in Sideline SP to break out 80/90
Price is what you pay. Value is what you get.”

User avatar
SHARK
Savant
Savant
Posts: 14676
Joined: Sun Jan 11, 2015 10:03 pm
Location: Abu Dhabi
Flag: Sri Lanka
Contact:

Re: CIC Community

Postby SHARK » Mon Oct 16, 2017 3:26 pm

picked up CICx 5000 today.
although i dont expect results to improve in the immediate quarter.
possibly we should see improvements starting dec 2017.
Price is what you pay. Value is what you get.”

User avatar
SHARK
Savant
Savant
Posts: 14676
Joined: Sun Jan 11, 2015 10:03 pm
Location: Abu Dhabi
Flag: Sri Lanka
Contact:

Re: CIC Community

Postby SHARK » Mon Oct 16, 2017 5:54 pm

Price is what you pay. Value is what you get.”

prasa2004
Member
Member
Posts: 188
Joined: Tue Jan 05, 2016 8:27 am
Location: Singapore
Flag: Singapore

Re: CIC Community

Postby prasa2004 » Fri Nov 10, 2017 6:28 am

CIC in deep hole. Every Qtr steadily declining.
NAV dropped to 40 and 50% drop on EPS 0.90
Even Rev dropped
Negative cash flow
With weather making havoc in 2017 no hope for remaining Qtr.

https://cdn.cse.lk/cmt/upload_report_fi ... 636509.pdf

User avatar
SHARK
Savant
Savant
Posts: 14676
Joined: Sun Jan 11, 2015 10:03 pm
Location: Abu Dhabi
Flag: Sri Lanka
Contact:

Re: CIC Community

Postby SHARK » Thu Nov 30, 2017 11:48 am

When they are in DEEP HOLE, there is opportunity
Price of 60-61 for CICn and 50 for CICx
But 50Rs -55Rs for CICn would be much better, when Retail Interest to hold keeps waning. And they think there is no hope of holding :D

I am looking at future prospects :D
Price is what you pay. Value is what you get.”

User avatar
SHARK
Savant
Savant
Posts: 14676
Joined: Sun Jan 11, 2015 10:03 pm
Location: Abu Dhabi
Flag: Sri Lanka
Contact:

Re: CIC Community

Postby SHARK » Fri Feb 09, 2018 12:05 am

can we see some turnaround from this company
Price is what you pay. Value is what you get.”

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 7543
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: CIC Community

Postby Blue Whale » Fri Feb 09, 2018 8:43 am

What kind of positives you see for them.
Value Invest Profit

User avatar
GB
Top Contributor
Top Contributor
Posts: 948
Joined: Fri Aug 26, 2016 3:23 pm
Flag: Sri Lanka

Re: CIC Community

Postby GB » Mon Feb 12, 2018 6:13 pm

SHARK wrote:When they are in DEEP HOLE, there is opportunity
Price of 60-61 for CICn and 50 for CICx
But 50Rs -55Rs for CICn would be much better, when Retail Interest to hold keeps waning. And they think there is no hope of holding :D

I am looking at future prospects :D


Better to wait another 2/3 quarters. 50/55 would not be a dream for CIC.N

User avatar
PATHFINDER
Co - Admin
Co - Admin
Posts: 528
Joined: Sun Mar 08, 2015 5:47 pm
Flag: Sri Lanka

Re: CIC Community

Postby PATHFINDER » Mon Feb 12, 2018 6:20 pm

No signs of recovery at all.
Are we going to see 2014 low again :-o
TIMING IS THE NAME FOR THE GAME

User avatar
Blue Whale
Equity Analyst
Equity Analyst
Posts: 7543
Joined: Mon Oct 26, 2015 7:14 am
Location: Asia
Flag: Sri Lanka

Re: CIC Community

Postby Blue Whale » Mon Feb 12, 2018 6:48 pm

Will be a 'dog' according to BCG matrix for this year.
Value Invest Profit


Return to “Communities”

Who is online

Users browsing this forum: Bing [Bot] and 4 guests