ALUM Community

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Re: ALUM Community

Postby PAT » Fri May 12, 2017 11:59 pm

SHARK wrote:Thanks PAT :)


You must be happy Shark as if I remember correctly you recommend this share long before......
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Re: ALUM Community

Postby Blue Whale » Sat May 13, 2017 12:03 am

Yes ALUM is a strong stock. We have many such stocks in manufacturing sector now. Tile stocks still sleeping giants.
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Re: ALUM Community

Postby SHARK » Sat May 13, 2017 12:09 am

So ALUm waits for Direction based on QoQ :)
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Re: ALUM Community

Postby DXB » Tue May 16, 2017 5:10 pm

result out.... outstanding performance ...........

https://cdn.cse.lk/cmt/upload_report_fi ... 579519.pdf
:)

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Re: ALUM Community

Postby Value » Tue May 16, 2017 5:21 pm

Super!. The aluminum price impact on COGS has been negligible. Can we see ALUM passing 25 this week?

The finance cost for the quarter has been up as expected. Will continue in 2017/18 as well.

Long term borrowing increased by Rs. 512 Mn due to land purchase from HEXP and Dividend payment

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Re: ALUM Community

Postby Blue Whale » Tue May 16, 2017 9:31 pm

Trading at a PE close to 10x.
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Re: ALUM Community

Postby Value » Tue May 16, 2017 9:40 pm

I think that's the premium the shareholders are willing to pay for a fast growing company with improved dividends YoY.

Payment of good dividend in March despite cashflow shortfalls clearly showed the commitment of the the company to its dividend policy and to the shareholders.

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Re: ALUM Community

Postby PAT » Tue May 16, 2017 11:28 pm

DXB wrote:result out.... outstanding performance ...........

https://cdn.cse.lk/cmt/upload_report_fi ... 579519.pdf


Thanks DXB, yes excellent performance..... :D
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Re: ALUM Community

Postby Blue Whale » Wed May 17, 2017 5:42 am

Hmm. Now I am observing the stock performance because the result is out.
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Re: ALUM Community

Postby PAT » Thu May 18, 2017 9:52 pm

PAT wrote:Also final dividend Rs 0.75 (my estimate) within next week or so.....


as expected (it said second interim..... :-? )

ALUMEX PLC
Company ID: - ALUM
Date of Announcement: - 18.May.2017
Rate of Dividend: - Rs. 0.50 per share (Liable to 10% dividend tax) / Second Interim Dividend
Financial Year: - 2016/2017
Shareholder Approval: - Not Required
XD: - 29.May.2017
Payment: - 06.Jun.2017
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Re: ALUM Community

Postby traderchandi » Thu May 18, 2017 9:56 pm

BW I think this another hidden gem. Look at their dividend payout. It is increasing massively. All together 2 RS expected with the final dividend to come.will this be another 20 PER share.

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Re: ALUM Community

Postby traderchandi » Fri May 19, 2017 2:03 pm

Shark whats ur idea on ALUM ?

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Re: ALUM Community

Postby Blue Whale » Fri May 19, 2017 2:12 pm

traderchandi wrote:BW I think this another hidden gem. Look at their dividend payout. It is increasing massively. All together 2 RS expected with the final dividend to come.will this be another 20 PER share.


They have released good report ne. So if market doesn't factor that much then the price should be bullish ne. :D :D
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Re: ALUM Community

Postby traderchandi » Sun May 21, 2017 5:01 pm

BW can u do an analysis on ALUM

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Re: ALUM Community

Postby Blue Whale » Sun May 21, 2017 5:27 pm

traderchandi wrote:BW can u do an analysis on ALUM

Will do in near future. =;
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Re: ALUM Community

Postby traderchandi » Sun May 21, 2017 5:34 pm

thanks BW. Eagerly waiting bcoz i think this is another hidden gem

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Re: ALUM Community

Postby topcat » Sun May 21, 2017 7:06 pm

This is not a hidden one. But too much liquidity
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Re: ALUM Community

Postby traderchandi » Sun May 21, 2017 7:08 pm

ALUM has a 80 % DPO if they declare a .50 final dividend. What a growth in dividends. :ymdaydream:

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Re: ALUM Community

Postby traderchandi » Mon May 22, 2017 10:06 am

BW waiting badly for ur analysis :ymdaydream:

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Re: ALUM Community

Postby PAT » Tue May 23, 2017 11:45 pm

Sri Lanka's Alumex March quarter net up 25-pct

ECONOMYNEXT – Alumex, the aluminium extrusions subsidiary of Sri Lanka's Hayleys group, said net profit rose 25 percent to 263 million rupees in the March 2017 quarter from a year ago.

Sales increased 27 percent to 1.5 billion rupees, according interim accounts filed with the stock exchange, which also showed much higher tax costs.

Quarterly earnings per share were 88 cents. Alumex shares last traded at 24.10 rupees.

Alumex Group has a dominant market share and has increased capacity to meet growing demand from the booming construction sector.

EPS for the financial year ending 31 March 2017 were 2.52 rupees, with annual net profit up 28 percent to 753 million rupees and sales growing 18 percent to 4.7 billion rupees. (COLOMBO, May 23, 2017)
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Re: ALUM Community

Postby Blue Whale » Wed May 24, 2017 5:38 am

Thanks PAT.
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Re: ALUM Community

Postby traderchandi » Wed May 24, 2017 5:52 am

BW, when we can see ur analysis on alum ?

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Re: ALUM Community

Postby traderchandi » Thu May 25, 2017 11:07 pm

:ympray:

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Re: ALUM Community

Postby Blue Whale » Thu May 25, 2017 11:10 pm

Cooking ..... :D
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Re: ALUM Community

Postby traderchandi » Thu May 25, 2017 11:16 pm

When we can eat it. Tomorrow?


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