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Sri Lanka Equity Forum » Stock Market Talk » TJL doing well...?

TJL doing well...?

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1 TJL doing well...? on Tue Oct 25, 2016 8:46 pm

omegaplus

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Manager - Equity Analytics
Manager - Equity Analytics


I was looking at TJL price movement, seems like it have good support level around 46.5. 

+ points 

*. With all other factors such as expanding they had last two years , agreements for research and support with other companies,  TJL invested heavily in future , well planned .
*. GSP+ was a big hope for many, but it was doing really well without it. But we get it in 2017 March , it should be a big boost. 

- points
*.Many traders hoped for GSP+  this year and depends whether they will hold it till 2017.
*.With trade agreement TPP,  US and Vietnam,  TJL will need more aggressive planning from 2018,2019 onwards to compete those prices.  


At the moment it is great stock and should do really well for next few years.ANd probably they will post big profit this time too.  Is it going go uptrend soon? Or I got the wrong idea? Any ideas experts ?

2 Re: TJL doing well...? on Wed Oct 26, 2016 8:25 am

sameboy

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Manager - Equity Analytics
Manager - Equity Analytics
tjl 55k yanna puluwan short term

3 Re: TJL doing well...? on Wed Oct 26, 2016 6:23 pm

omegaplus

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Manager - Equity Analytics
Manager - Equity Analytics
Well, government is very good messing up economic stability of the country with different problems. now another one. Seems market is wobbly with these polices or more like not having policies .

4 Re: TJL doing well...? on Thu Nov 03, 2016 11:00 pm

omegaplus

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Manager - Equity Analytics
Manager - Equity Analytics
Just found this...facts should valid even after a month or two .

Textured Jersey amongst Forbes ‘Asia’s 200 Best Under a Billion’


http://www.ft.lk/article/561588/Textured-Jersey-amongst-Forbes-‘Asia-s-200-Best-Under-a-Billion-

5 Re: TJL doing well...? on Thu Nov 10, 2016 7:11 am

omegaplus

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Manager - Equity Analytics
Manager - Equity Analytics
TJL will invest  US$ 3 million  on installing the latest state-of-art textile technology and machinery into its existing plant.


With Trumps become US president ,TPP will not go ahead  easily as expected and this is great news for TJL.

6 Re: TJL doing well...? on Thu Nov 10, 2016 7:42 am

EquityChamp

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Moderator
Your view is correct. Refer my thread on Teejay Lanka.
Thanks

7 Re: TJL doing well...? on Thu Nov 10, 2016 8:01 am

omegaplus

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Manager - Equity Analytics
Manager - Equity Analytics
@EquityChamp wrote:Your view is correct. Refer my thread on Teejay Lanka.
Thanks


Thank you, As far as I see about TJL, its have great future. Company is doing really well  without any boosts listed below.But with those how they will perform ? ...

  • All these expansions, investing on technologies.

  • GSP+ pending, possible within 4 months .

  • TPP  delay/maybe never happen.

8 Re: TJL doing well...? on Thu Nov 10, 2016 8:30 am

Brinthan

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Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@omegaplus wrote:TJL will invest  [size=30]US$ 3 million  on installing the latest state-of-art textile technology and machinery into its existing plant.[/size]


[size=30]With Trumps become US president ,TPP will not go ahead  easily as expected and this is great news for TJL.[/size]
What do u mean by TPP.....!

9 Re: TJL doing well...? on Thu Nov 10, 2016 5:11 pm

omegaplus

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Manager - Equity Analytics
Manager - Equity Analytics
@Brinthan wrote:
@omegaplus wrote:TJL will invest  [size=30]US$ 3 million  on installing the latest state-of-art textile technology and machinery into its existing plant.[/size]


[size=30]With Trumps become US president ,TPP will not go ahead  easily as expected and this is great news for TJL.[/size]
What do u mean by TPP.....!

TPP-Trans-Pacific Partnership
This and few other agreements are secretly arranged by some US friendly nations while they hardly given any plans to the world. This is totally against the free economies as they say, because they block other countries development and because it's supported by US friendly countries with highest security, not many know exact agreement conditions are. They were planed to go ahead around 2018-2019.

http://www.ips.lk/talkingeconomics/2015/11/18/trans-pacific-partnership-tpp-implications-for-sri-lanka/

10 Re: TJL doing well...? on Tue Nov 22, 2016 8:36 pm

omegaplus

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Manager - Equity Analytics
Manager - Equity Analytics
Great news for TJL and other Sri Lankan exports to US market. 
Donald Trump: US to quit TPP on first day in office
http://www.bbc.co.uk/news/world-us-canada-38059623

11 Re: TJL doing well...? on Tue Nov 22, 2016 9:59 pm

Brinthan

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Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Is this news is positive or negative to country like Srilanka...?

12 Re: TJL doing well...? on Tue Nov 22, 2016 10:16 pm

omegaplus

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Manager - Equity Analytics
Manager - Equity Analytics
@Brinthan wrote:Is this news is positive or negative to country like Srilanka...?
It is POSITIVE! It was very bad idea  if it go ahead for countries like SL or any other countries outside TPP. Because TPP was going to give chances for those TPP partner countries 0% TAX (as far as info came out ) exports. For  countries like SL and others can't compete with Vietnam when  it comes to textile..Also for other exports to US or any TPP partnered countries. 

TPP agreement covers 40% of global market as it mentioned . Which was a real danger!

thought you read my last reply to you. 
http://www.ips.lk/talkingeconomics/2015/11/18/trans-pacific-partnership-tpp-implications-for-sri-lanka/

And I posted separate TPP article  with more info , links .

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