Sri Lanka Equity Forum
Dear Reader,

Registration with the Sri Lanka Equity Forum would enable you to enjoy an array of other services such as Member Rankings, User Groups, Own Posts & Profile, Exclusive Research, Live Chat Box etc..

All information contained in this forum is subject to Disclaimer Notice published.


Thank You
Sri Lanka Equity Forum

Discussion Forum for Stock Market Investors in Sri Lanka

සිංහල පරිවර්තනය
Submit Post
Submit Post

Latest topics

» Can anyone recommend me a stock broker in Kandy
by asklanka Today at 10:32 am

» CTCE ලාභාංශ පුරොකතනය.
by dmtmadusanka Today at 10:22 am

» CTCE CTCE CTCE CTCE
by dmtmadusanka Today at 10:20 am

» SFL, where will it end by March
by NP Yesterday at 11:47 pm

» "Don't ask the barber whether you need a haircut,"
by Asoka Samarakone Yesterday at 1:54 pm

» CSE halts trading of MTD Walkers’ shares
by Miss-Sangeetha Yesterday at 7:52 am

» Amibroker database
by Sonny Bill Sat Feb 16, 2019 10:18 am

» KAPI -MTD WALKERS - MALAYASIAN FIRM TO TAKE CONTROL @40 A SHARE
by Miss-Sangeetha Sat Feb 16, 2019 9:42 am

» Financial Reports Q-4 2018
by sikka89 Sat Feb 16, 2019 7:13 am

» Weekly Stock Market Roundup
by Insights Equity Sat Feb 16, 2019 6:07 am

» SFL.P Going to hit 10 Dr.Sentavil Also Bought above 12
by NP Sat Feb 16, 2019 12:51 am

» CROSSINGS TODAY
by sikka89 Fri Feb 15, 2019 10:10 pm

» DIVIDEND ANNOUNCEMENTS- JAN/MARCH 2019
by sikka89 Fri Feb 15, 2019 10:07 pm

» Collect AAIC to win within six months
by wisdom79 Fri Feb 15, 2019 9:27 pm

» ANILANA HOTEL
by wisdom79 Fri Feb 15, 2019 9:21 pm

» Four more banks obtain enjoining orders against KAPI (MTD Walkers)
by Miss-Sangeetha Fri Feb 15, 2019 8:00 pm

» MTD Walkers (KAPI) face liquidation as Hayleys Group firm files winding up petition
by Miss-Sangeetha Fri Feb 15, 2019 7:57 pm

» Daily Stock Market Update
by Insights Equity Fri Feb 15, 2019 5:33 pm

» INSURANCE bubble finally bursting!
by nosf766 Fri Feb 15, 2019 12:46 pm

» CASH RICH REXP
by nishjaya Fri Feb 15, 2019 9:57 am

» Deal Waligama Property to be sell EAST Interesting
by soileconomy Fri Feb 15, 2019 8:13 am

» ACL PERFORMANCE
by Yahapalanaya Fri Feb 15, 2019 7:42 am

» CDB PERFORMANCE
by Yahapalanaya Fri Feb 15, 2019 7:29 am

» LGL LGL LGL LGL
by dmtmadusanka Fri Feb 15, 2019 6:22 am

» MTD WALKERS PLC
by sikka89 Thu Feb 14, 2019 11:15 pm

» Daily Foreign Transactions
by sikka89 Thu Feb 14, 2019 10:31 pm

» Exit KAPI today
by karuna2 Thu Feb 14, 2019 11:17 am

» Sleeping giants-
by anges Wed Feb 13, 2019 11:52 pm

» HEXP hidden gem share
by anges Wed Feb 13, 2019 11:49 pm

» EAST INTERESTING DAYS AHEAD 25+
by NCC Wed Feb 13, 2019 12:30 pm

» why MFL is collecting ?
by suku502 Wed Feb 13, 2019 12:24 pm

» Whats going on with KAPI
by NP Wed Feb 13, 2019 9:43 am

» __________Bank Instrument & Investment Lease And Sales for Global Investments & Financing____
by sakchai Wed Feb 13, 2019 2:27 am

» DIAL is it best to buy
by TuTanKaman Tue Feb 12, 2019 2:34 pm

» Brokers බොරු කියන්නේ
by karuna2 Tue Feb 12, 2019 9:20 am

» BFN 15.60 - 16 - 16.5 මිලට වැටෙන්නේ ඇයි
by karuna2 Tue Feb 12, 2019 9:19 am

» NP HOW ABOUT MBSL CHART
by sanjulanka Tue Feb 12, 2019 7:17 am

» GENUINE BANK GUARANTEE (BG) AND STANDBY LETTER OF CREDIT (SBLC) FOR LEASE AT THE LOWEST RATES AVAILABLE.OTHER FINANCIAL INSTRUMENTS SUCH AS MTN, CD, DLC, PB ARE ALSO AVAILABLE..............
by sakchai Tue Feb 12, 2019 4:21 am

» Financial bank instruments for Lease and sale for trade and project funding
by sakchai Tue Feb 12, 2019 4:20 am

» undervalued stock
by worthiness Mon Feb 11, 2019 2:13 pm

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » FURTHER VERY GOOD NEWS FOR INVESTORS OF HEXP

FURTHER VERY GOOD NEWS FOR INVESTORS OF HEXP

Go down  Message [Page 1 of 1]

1 FURTHER VERY GOOD NEWS FOR INVESTORS OF HEXP on Fri Sep 09, 2016 9:22 am

Blue blooded


Stock Analytic
Stock Analytic
FURTHER VERY GOOD NEWS FOR INVESTORS OF HEXP
 
            Investors who are eagerly awaiting important announcement re sale of and for Rs. 420 M giving a net profit of Rs. 215 M as indicated in the last quarterly report ending 30 June 16 are in for a further good news.
 
            Bontera Lank Ltd joint collaboration with HEXP and Bontera Wailand GMBH Germany has been receiving large orders recently which would substantially enhance profits of HEXP. It is observed from quarterly report of 30 June profits of Bontera Lanka Ltd account for nearly 55% of net profits of HEXP. Bontera Lanka Ltd which manufactures stitched blankets, for eco-friendly solutions for applications has a very good market especially in EU.
 
50% net profit received by HEXP in the past are as follows,
2015  
2016
1st quarter ending 30.06.16
5.9 M
14.2 M
8.8 M (annualized Rs. 35.3 M)
 
Under the new development net profit of Rs. 55 M to 60 M could be safely assumed despite absence of actual data. It is observed from last quarterly report ending 30 June 16 profits from Bontera Lanka Ltd account for almost 55% of net profit of HEXP.
 
Accordingly estimated net profit are revised upwards as follows;
 
2016/17
sale of land
EPS
Rs.
22.84
 
Normal Operation
EPS
Rs.
15.00
   
Rs.
37.84
2017/18
 
EPS
Rs.
20.00
 
What is now significant is predicted price of Rs. 200 during current financial year could be justified solely from normal operation completely ignoring net profit of Rs. 215 from land transaction. Estimated price of Rs. 200 would be reasonable with P.E. of 13.3 far below the PE of 29.3 on 26th August under consumer durable and apparel category.
 
This reconfirms the widely believed opinion HEXP is the best share during the current year which can give a return of 100% at current price level of Rs. 101.
 
Stock Wizard

nishjaya


Equity Analytic
Equity Analytic
Guys this is true article coz i also contact personaly with  heyleys export company and they also said that they got good foreign orders. If you want you can contact them and check it

Back to top  Message [Page 1 of 1]

Permissions in this forum:
You cannot reply to topics in this forum