LWL community

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Re: LWL community

Postby PATHFINDER » Tue Dec 13, 2016 11:20 am

This is another good counter with high DY
PE and PBV remain attractive.
Even though they maintain higher EPS their top line growth has been slowed down due to hit on construction sector during last year or so.

Technically I see a downward pressure,with possible reversal around 92-95.
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Re: LWL community

Postby SHARK » Fri Jan 13, 2017 4:36 pm

Possible reversal to the upside by next week :)
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Re: LWL community

Postby SHARK » Fri Jan 13, 2017 4:37 pm

We could target 100-110 from CMP95
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Re: LWL community

Postby STOCK KILLER » Sat Jan 14, 2017 3:36 pm

Attractive NAV but no one interest....

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Re: LWL community

Postby Shadow walker » Tue Jan 31, 2017 5:29 pm

Successful Investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time .. ;)

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Re: LWL community

Postby Blue Whale » Wed Feb 01, 2017 5:47 am

Profitability impacted due to tax liabilities. Revenue is up. Ravi K has made them suffer. :(
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Re: LWL community

Postby Blue Whale » Wed Feb 15, 2017 9:44 am

2nd interim dividend of Rs.5.50/-
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Re: LWL community

Postby PATHFINDER » Mon Feb 20, 2017 7:04 pm

As discussed earlier LWL bottomed out :ymhug:
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Re: LWL community

Postby PAT » Fri Mar 24, 2017 9:42 pm

Dhammika Perera appointed as chairman of Lanka Ceramics and Lanka Walltiles

Top businessman and a member of the Board of Directors of Lanka Ceramics PLC and Lanka Walltiles PLC, Dhammika Perera, has been appointed chairman of both entities with effect from March 15, 2017, Colombo Stock Exchange (CSE) sources said.

Meanwhile, A.M. Weerasinghe has been appointed Deputy Chairman of Lanka Ceramics PLC and Lanka Walltiles PLC and also Chairman of Swisstek (Ceylon) PLC. The above positions of chairman fell vacant when then Chairman Nimal Perera suddenly resigned from those posts. Nimal Perera held those positions where Dhammika Perera had the majority shareholdings.

CSE trading yesterday was dominated by crossing transactions.. Further, both CSE indices declined.. All Share Price Index went down by 13.8 points and S and P SL20 index by 5.1 points while the day's turnover was Rs 616 million with several crossings of major blue-chips companies.

Those crossings were; Sampath Bank crossed 397,000 shares for Rs 103 million, HNB crossed 389,000 shares for 89.9 million, Chevron crossed 345,000 shares for Rs 68.1 million, Commercial Bank crossed 431,000 shares for Rs 57.7 million and JKH crossed 400,000 shares for Rs 54 million.

When it comes to general trading, the companies that contributed mainly to the day's turnover over were; JKH Rs 84.3 million (624,000 shares), Hemas Holdings Rs 54 million (504000 shares) and Sampath Bank Rs 17.5 million (67,000 shares).Major blue chip companies dominated the market. Reports said that 7.4 million shares changed hands in 2588 transactions.

Meanwhile, the JKSB comment said yesterday that the ASPI ended lower amid moderate turnover levels. The diversified, banking, and manufacturing sectors led market activity including crossings seen in JKH, COMB, HNB, LLUB, and SAMP. Foreign participation resulted in a net inflow of Rs.194mn."

ASPI: 5,979.85 down by 16.80 points (-0.28%)

S&P-SL20: 3,411.69 down by 11.73 points (-0.34%)

Turnover: Rs.616.37 million

Foreign Purchases: Rs. 476.55 million

Foreign Sales: Rs. 282.55 million

Net Foreign Inflow/ (Outflow): Rs.194.00 million

Most Actively Traded Sector: Banks, Finance & Insurance (-0.72%)

Best Performing Sector: Footwear & Textiles (+1.98%)

Worst Performing Sector : Construction & Engineering (-1.66%)

http://island.lk/index.php?page_cat=art ... tle=162396
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Re: LWL community

Postby PAT » Thu Apr 20, 2017 5:25 am

Capacity expansion drives further growth : BUY
 
"LWL group PBT increased 5.2% YoY in Q3 FY 17 to LKR 873mn largely attributed by the 6% YoY growth in Tiles & Associated Items (TAI)  to LKR 727mn. TAI still remains the highest contributor to revenue and PBT of 62% and 83% respectively. Group PAT declined 21% YoY owing to an increase in taxation to LKR 222mn in comparison to LKR 1.26mn in Q3 FY 16 (in lieu of a tax reversal). The packaging segment  took a hit on both revenue and PBT due to restructuring within the segment while Swisstek Alluminium PBT dipped (6.2% in Q3 FY 17) for the first time since three years due to higher aluminium prices eroding margins for the quarter. The plantation segment made a surprise comeback this quarter posting a PBT of LKR 17mn assisted by higher NSA for tea. We believe the TAI sector remains crucial for LWL group, thus further capacity expansion for TILE at the end of FY 2018E would add value to the overall performance going forward. we reiterate BUY with a total return of LKR 142 (+42% to CMP)."

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Re: LWL community

Postby aero » Thu Apr 20, 2017 8:53 pm

its time for LWL.

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Re: LWL community

Postby Blue Whale » Sun May 07, 2017 2:38 pm

LWL Financial Analysis can be found below.
LWL Financial Analysis.jpg


Revenue growth for 2016/17 marginal.
Profit margins improving from 2013/14 FY
ROE also close to 15%
Maintaining a DPO of close to 30% for the last three years
But trading at a PE in the range of 4x to 6x
PBV is 0.6x

Is the share too conservative or market has not identified it over many past years.

Manufacturing sector PER is 8.3x and PBV is 1.5x currently.

The benchmarked price ranges comes to 206/- - 261/- under current financials.

What is holding this stock not allowing to reach its true value :-\ It is effectively trading at a 50% level to its fair value. Any areas you want to highlight.

Thanks
BW :D
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Re: LWL community

Postby NC+ » Sun May 07, 2017 3:34 pm

Thanks BW for analysis.. me too expect at least 50% return from Tile sector, LWL, TILE, RCL etc..
:-bd
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Re: LWL community

Postby future123 » Sun May 07, 2017 3:53 pm

Not only LWL but many of DP companies trade at PER below 5 times.

VFIN trades at PER 3.7 times, LFIN trades at PER 4.3 times, LWL trades at PER 4.3 times, RCL trades at PER 4.4 times. VONE has NAV of 35/= but trading at 19/=

Only PARQ, ALUF, and ALUM trades PER above 5 times.

DP needs viagra :)) :)) :)) :))

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Re: LWL community

Postby NC+ » Sun May 07, 2017 4:55 pm

future123 wrote:Not only LWL but many of DP companies trade at PER below 5 times.

VFIN trades at PER 3.7 times, LFIN trades at PER 4.3 times, LWL trades at PER 4.3 times, RCL trades at PER 4.4 times. VONE has NAV of 35/= but trading at 19/=

Only PARQ, ALUF, and ALUM trades PER above 5 times.

DP needs viagra :)) :)) :)) :))

Don't forget LALU too... :ymdaydream:
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Re: LWL community

Postby future123 » Sun May 07, 2017 7:41 pm

Yes NC. Sad to see when the market PER is around 13 times but these undervalued counters are trading around 4 times PER.

The companies are doing well and accummulating profits and increasing their asset base but share prices unmoved for years.

Now is the time for the investors to look into these neglected counters.

NC+ wrote:
future123 wrote:Not only LWL but many of DP companies trade at PER below 5 times.

VFIN trades at PER 3.7 times, LFIN trades at PER 4.3 times, LWL trades at PER 4.3 times, RCL trades at PER 4.4 times. VONE has NAV of 35/= but trading at 19/=

Only PARQ, ALUF, and ALUM trades PER above 5 times.

DP needs viagra :)) :)) :)) :))

Don't forget LALU too... :ymdaydream:

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Re: LWL community

Postby Blue Whale » Sun May 07, 2017 8:05 pm

That means shareholders are not confident on DP :-?

Thanks
BW :D
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Re: LWL community

Postby PAT » Sun May 07, 2017 9:35 pm

It is just a matter of time .........

need patience as all these shares (LWL, RCL,TILE) giving good dividend too......
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Re: LWL community

Postby Blue Whale » Sat May 13, 2017 12:05 am

With expected blast from HOPL can we see some chain reaction in LWL :-?
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Re: LWL community

Postby Contra » Sat May 13, 2017 5:45 am

Still manufacturer sector is a laggard in the market. There will be day for it as well.
Company, stock market, politics and the economy are four different things.

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Re: LWL community

Postby Blue Whale » Sat May 13, 2017 7:10 am

I think that day is approaching faster than we think.
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Re: LWL community

Postby Contra » Sat May 13, 2017 7:54 am

We should expect unexpected from this market. Few fund mangers are very intelligent and they are much ahead of others.

The main purpose of the stock market is to make fools of as many men as possible. – Bernard Baruch
Company, stock market, politics and the economy are four different things.

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Re: LWL community

Postby Blue Whale » Sat May 13, 2017 2:49 pm

There is 1% always ahead of rest of 99% in stock market. B-)
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Re: LWL community

Postby Blue Whale » Fri May 26, 2017 8:23 pm

Blue Whale wrote:LWL Financial Analysis can be found below.
LWL Financial Analysis.jpg

Revenue growth for 2016/17 marginal.
Profit margins improving from 2013/14 FY
ROE also close to 15%
Maintaining a DPO of close to 30% for the last three years
But trading at a PE in the range of 4x to 6x
PBV is 0.6x

Is the share too conservative or market has not identified it over many past years.

Manufacturing sector PER is 8.3x and PBV is 1.5x currently.

The benchmarked price ranges comes to 206/- - 261/- under current financials.

What is holding this stock not allowing to reach its true value :-\ It is effectively trading at a 50% level to its fair value. Any areas you want to highlight.

Thanks
BW :D


Ok here is a small comparison.
Estimated PAT of 1,864Mn Vs 1,959, variance of just 5%
EPS of 24.9 Vs 25.5, variance of just 2%

Now the closing price is 105 and this one is trading at a PE of 4.1x

Can anyone believe that this share will trading at a PE of 4.1x for another one or two years. Should it trade like that :!! :!! :!!
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Re: LWL community

Postby Blue Whale » Fri May 26, 2017 8:25 pm

Unfortunately I don't have much time to give the targets for most of the companies here. I wish if I could because you all can aim to a target :(
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