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Ceylon Cold Stores - A valuable illiquid stock

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Ceylon Cold Stores - A valuable illiquid stock

Post by EquityChamp on Wed Oct 21, 2015 5:24 pm

Q2 PAT up by 129% with 24% revenue growth and GP margin increase of 3pp meaning material costs have come down. Six month EPS 13.22 and NAV is 123.

2015/160 EPS (E) would be 28 and current PE is 13.5. PBV is 3.1. In medium term this share can reach Rs440. Solid investment for value investors.
Thanks Basketball
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Re: Ceylon Cold Stores - A valuable illiquid stock

Post by gayanath1983 on Wed Oct 21, 2015 11:56 pm

yes this is also like NEST, CINS
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Re: Ceylon Cold Stores - A valuable illiquid stock

Post by EquityChamp on Thu Oct 22, 2015 7:56 am

Since the market bull run is yet to start and await for the next run to 8500 this is that kind of a stock that can move even to 1000 within 1-2 years with the market momentum. So it is a wise decision if any one can buy and keep about 1000 shares as a real investment.
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Re: Ceylon Cold Stores - A valuable illiquid stock

Post by fulltilt on Thu Oct 22, 2015 8:18 am

Yes very true this share has real value. Especially after the water front project is complete. Also they have a reasonable PE multiple. Only problem is the share is too illiquid to attract long term funds to invest to hold its value. Retailers by and large can't hold for too long unless they keep it as a saving.

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Re: Ceylon Cold Stores - A valuable illiquid stock

Post by EquityChamp on Wed May 25, 2016 7:23 pm

Anyone dispute my analysis. Just a quick comparison of YoY financial KPIs.
 14/1515/16
Revenue (Rs mn)         27,699          34,069
NP (Rs mn)           1,525            2,875
NP margin6%8%
EPS (Rs)16.0530.25
DPS (Rs)1118
Price (Rs)298430
PE             18.6              14.2
DY3.7%4.2%
I estimated an EPS of 28 and they produced more than 30.4.2% DY is better than many other companies. PE of 14x will not be expensive for a long term investor. Further their BS is now debt free. I would proudly say that this is a company enter into that elusive club which is currently representing by CTC, NEST & LLUB. Anyone who dispute that this stock won't reach 800 level next year please tell me why you think so.
Moreover I would say that this share awaits a sub division. It went through subdivision previously when the price was 800 and I am saying today it will do the same again once it reaches 800 for the second time.
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Re: Ceylon Cold Stores - A valuable illiquid stock

Post by cseguide on Wed May 25, 2016 8:02 pm

@EquityChamp wrote:Anyone dispute my analysis. Just a quick comparison of YoY financial KPIs.
 14/1515/16
Revenue (Rs mn)         27,699          34,069
NP (Rs mn)           1,525            2,875
NP margin6%8%
EPS (Rs)16.0530.25
DPS (Rs)1118
Price (Rs)298430
PE             18.6              14.2
DY3.7%4.2%
I estimated an EPS of 28 and they produced more than 30.4.2% DY is better than many other companies. PE of 14x will not be expensive for a long term investor. Further their BS is now debt free. I would proudly say that this is a company enter into that elusive club which is currently representing by CTC, NEST & LLUB. Anyone who dispute that this stock won't reach 800 level next year please tell me why you think so.
Moreover I would say that this share awaits a sub division. It went through subdivision previously when the price was 800 and I am saying today it will do the same again once it reaches 800 for the second time.
no argument, agree with you.
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Re: Ceylon Cold Stores - A valuable illiquid stock

Post by Brinthan on Wed May 25, 2016 8:02 pm

Ec Sir everyone going to subdivision Exempt Nestle...Is there any special reason for Nestle...
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Re: Ceylon Cold Stores - A valuable illiquid stock

Post by EquityChamp on Wed May 25, 2016 8:06 pm

Brother NEST & CTC are foreign companies with major focus on dividend.
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Re: Ceylon Cold Stores - A valuable illiquid stock

Post by Brinthan on Wed May 25, 2016 10:34 pm

Thanx..Ec Sir and one more clarification...Why companies subdivid their shares...?What are the benifits they have..?
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Re: Ceylon Cold Stores - A valuable illiquid stock

Post by EquityChamp on Thu May 26, 2016 5:33 am

@Brinthan wrote:Thanx..Ec Sir and one more clarification...Why companies subdivid their shares...?What are the benifits they have..?

Main objective is to increase the liquidity. In Sri Lanka it has proven that share splits can increase the market value of a stock too so as the second objective a sub division will targeting on increasing share price as well in Sri Lanka.
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Re: Ceylon Cold Stores - A valuable illiquid stock

Post by VALUEPICK on Thu May 26, 2016 2:01 pm

Its all time low was Rs.17.75. If we can identify some stocks in advance, then we can ride both bull and bear market. We should not forget to include attractive food stocks in our egg basket (portfolio). Human create demand for basic things such as food almost every year irrespective of type of business cycle or economic cycle.
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Re: Ceylon Cold Stores - A valuable illiquid stock

Post by EquityChamp on Mon Jun 13, 2016 2:06 pm

CCS 500/- resistance broken and now it is 534/-. So 600/- will be the next resistance and now we can see less than 500 sellers on board. Some people have really collected when the share was around 400. What a gem like stock.
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Re: Ceylon Cold Stores - A valuable illiquid stock

Post by EquityChamp on Tue Jun 14, 2016 10:57 am

Today so far 26000 shares traded for 530/-. Some party has collected and definitely with long term idea.
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Re: Ceylon Cold Stores - A valuable illiquid stock

Post by EquityChamp on Fri Jul 08, 2016 11:00 pm

Oh my God 600/- touched today. Last October this was 400 and now 600/- so by coming October 1000? Basketball See the thumping return.
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Re: Ceylon Cold Stores - A valuable illiquid stock

Post by Teller on Fri Jul 08, 2016 11:08 pm

I am having this from 55/- rupees. How amazing it is?
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Re: Ceylon Cold Stores - A valuable illiquid stock

Post by pollaeliye on Sat Jul 09, 2016 1:27 am

@ Teller, please recommend some shares for long term like CCL ......

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Re: Ceylon Cold Stores - A valuable illiquid stock

Post by EquityChamp on Thu Jul 21, 2016 7:45 pm

Q1 2016/17 EPS Rs9 with YoY growth of 56%. Even with adverse whether the EPS impact QoQ was only 1 rupee. I guess this year they will deliver  an EPS of 40 with a dividend in excess of 20/- So 800 by year end with ASPI of 7000 will not be a dream for me.
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Re: Ceylon Cold Stores - A valuable illiquid stock

Post by nimantha80 on Thu Jul 21, 2016 7:49 pm

sihinayaki mee nihada madiyam raaa

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Re: Ceylon Cold Stores - A valuable illiquid stock

Post by Teller on Thu Jul 21, 2016 9:28 pm

@poll, Still HEXP is the BEST...when I was buying CCS I never had a plan to see this in 600 levels.
When I buy HEXP I had a guarantee see HEXP above 130 levels.
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CCS on FIRE

Post by Ravindu Kumarasiri on Tue Aug 09, 2016 10:28 am

CCS.N0000 is very active and can get profits even on daliy basis if you are lucky. For the week it is at least 10% gain.
Just have a look at the order list for some time. Can see how dynamic it is..
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Re: Ceylon Cold Stores - A valuable illiquid stock

Post by EquityChamp on Tue Aug 09, 2016 11:43 am

From 400 odd in October 2015 to 650+ in August 2016. Not bad for the value investors. Isn't it?
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Re: Ceylon Cold Stores - A valuable illiquid stock

Post by Ryan Hudson on Tue Aug 09, 2016 12:09 pm

CCS is a good share at any price, but manipulations always can happen, on value perspective APLA is much better, but CCS are putting up another factory and expanding Keels Super

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Re: Ceylon Cold Stores - A valuable illiquid stock

Post by chandimalkasun on Tue Aug 09, 2016 1:27 pm

EC is it still  a good buy @ current price ?

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Re: Ceylon Cold Stores - A valuable illiquid stock

Post by EquityChamp on Tue Aug 09, 2016 1:34 pm

If you are not asking for short term then Yes. You must prepare to hold some time if require a handsom gain.
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Re: Ceylon Cold Stores - A valuable illiquid stock

Post by chandimalkasun on Tue Aug 09, 2016 1:37 pm

u mean like 1 year

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