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

Submit Post
සිංහල පරිවර්තනය
Search
 
 

Display results as :
 

 


Rechercher Advanced Search

Latest topics

» FUTURE GEMS.....
by DS Wijesinghe Today at 5:40 pm

» Dividend payments
by alphamm Yesterday at 9:52 pm

» VONE , is it time to sell or holds
by 2017 Cse Yesterday at 9:19 pm

» MGT & REEF ????
by Ran49 Yesterday at 8:06 pm

» UBC KEEP WATCHING
by Ran49 Yesterday at 8:04 pm

» Sampath Bank PLC - A giant awakening
by EquityChamp Yesterday at 6:55 pm

» COCR can be attractive
by SUSPENS Yesterday at 6:54 pm

» COCR will be a silent runner
by suku502 Yesterday at 1:33 pm

» Orient Finance PLC- possible future star
by DS Wijesinghe Thu Apr 19, 2018 10:29 pm

» Companies to invest long term
by EquityChamp Thu Apr 19, 2018 6:56 pm

» The Stock Chat by EquityChamp
by glad Thu Apr 19, 2018 11:12 am

» Blue Chip Companies
by glad Wed Apr 18, 2018 7:22 am

» WHAT HAPPENED TO DIST?
by EquityChamp Tue Apr 17, 2018 6:51 pm

» JINS Share Repurchase
by EquityChamp Tue Apr 17, 2018 7:03 am

» LIOC N.........................
by EquityChamp Mon Apr 16, 2018 1:54 pm

» Abans finance PLC in deep trouble?
by Wimal Modawansa Fri Apr 13, 2018 8:03 pm

» Singer Finance worth to look at
by anges Thu Apr 12, 2018 6:37 pm

» Laxapana Batteries - A New Begining
by EquityChamp Thu Apr 12, 2018 7:10 am

» Kelani Tyres PLC - Invest for the future
by EquityChamp Thu Apr 12, 2018 6:59 am

» Teejay Jersey Lanka PLC - Depreciated Rupee had a very positive impact
by anges Wed Apr 11, 2018 6:36 pm

Forum Disclaimer

The information contained in this forum have been submitted by third parties directly without any verification by us. The information available in this forum is not researched or purported to be complete description of the subject matter referred to herein. We do not under any circumstances whatsoever guarantee the accuracy and completeness information contained herein.

www.srilankaequity.com its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not in any way be responsible or liable for loss or damage which any person or party may sustain or incur by relying on the contents of this report and acting directly or indirectly in any manner whatsoever.

Trading or investing in stocks & commodities is a high risk activity. Any action you choose to take in the markets is totally your own responsibility, www.srilankaequity.com its blogs, forums, subdomains and/or its affiliates and/or its web masters, administrators or moderators shall not be liable for any, direct or indirect, consequential or incidental damages or loss arising out of the use of this information. The information on this website is neither an offer to sell nor solicitation to buy any of the securities mentioned herein. The writers may or may not be trading in the securities mentioned.

You are not connected. Please login or register

Sri Lanka Equity Forum » Stock Market Talk » ALUM or TJL

ALUM or TJL

Go down  Message [Page 1 of 1]

1 ALUM or TJL on Fri Jan 27, 2017 12:06 am

ifenny

avatar
Senior Equity Analytic
Senior Equity Analytic
With current market sentiment and considering two different industries/markets they are operating, which counter out of ALUM and TJL will give highest return if entered at current price level ? Expert analysis appreciated.

2 Re: ALUM or TJL on Fri Jan 27, 2017 6:40 am

Rifanmoh


Equity Analytic
Equity Analytic
ALUM could be recommended. TJL is to face decline next couple of weeks. May be we could collect at Rs. 37 to 38 mid February.



Last edited by Rifanmoh on Fri Jan 27, 2017 6:42 am; edited 1 time in total (Reason for editing : Typo)

3 Re: ALUM or TJL on Fri Jan 27, 2017 8:17 am

jayathu


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
According financials ALUM for sure. ALUM beats TJL is dividend yield, PE ratio, PB ratio and GP margin.

4 Re: ALUM or TJL on Fri Jan 27, 2017 1:21 pm

asitha1952


Equity Analytic
Equity Analytic
@jayathu wrote:According financials ALUM for sure. ALUM beats TJL is dividend yield, PE ratio, PB ratio and GP margin.
yeap  unofficial news came from my friend 3rd Quarter  profit increase over 30%....ENJOY RIDE...

5 Re: ALUM or TJL on Fri Jan 27, 2017 2:07 pm

ifenny

avatar
Senior Equity Analytic
Senior Equity Analytic
Thank you for your feedback. Started collecting.

6 Re: ALUM or TJL on Fri Feb 03, 2017 6:09 pm

suddera

avatar
Manager - Equity Analytics
Manager - Equity Analytics
@Rifanmoh wrote:ALUM could be recommended. TJL is to face decline next couple of weeks. May be we could collect at Rs. 37 to 38 mid February.

It seems to be you are correct.
What is the reason behing TJL decline.

7 Re: ALUM or TJL on Fri Feb 03, 2017 6:14 pm

kumarweerarathne

avatar
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
End of TJL tax holyday datz da reason, but this is an amazing company with good management, It will rise even without GSP. Gud buy frnds.

8 Re: ALUM or TJL on Fri Feb 03, 2017 6:26 pm

Rifanmoh


Equity Analytic
Equity Analytic
@suddera wrote:
@Rifanmoh wrote:ALUM could be recommended. TJL is to face decline next couple of weeks. May be we could collect at Rs. 37 to 38 mid February.

It seems to be you are correct.
What is the reason behing TJL decline.

Simple logic. TJL has always been trading far above its fair value. This is because the company was showing very good growth in profit quarter on quarter. So investors placed much higher value than its present fair value. 

Same with GRAN. I predicted GRAN to reach Rs. 75 and has written the same in another post in this forum. And it happened as well.

When a sudden decline was seen in profit, all lose their mind and start selling. So price falls like nothing. 

I predict TJL to report a decline in profit in the next quarter also. If the GPS+ confirmation doesn't come before the release of Q4 financials, you will see TJL trading below Rs. 30.

9 Re: ALUM or TJL on Fri Feb 03, 2017 8:23 pm

Brinthan

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Rifanmoh wrote:
@suddera wrote:
@Rifanmoh wrote:ALUM could be recommended. TJL is to face decline next couple of weeks. May be we could collect at Rs. 37 to 38 mid February.

It seems to be you are correct.
What is the reason behing TJL decline.

Simple logic. TJL has always been trading far above its fair value. This is because the company was showing very good growth in profit quarter on quarter. So investors placed much higher value than its present fair value. 

Same with GRAN. I predicted GRAN to reach Rs. 75 and has written the same in another post in this forum. And it happened as well.

When a sudden decline was seen in profit, all lose their mind and start selling. So price falls like nothing. 

I predict TJL to report a decline in profit in the next quarter also. If the GPS+ confirmation doesn't come before the release of Q4 financials, you will see TJL trading below Rs. 30.


Rifanmoh i know ur intend....But we are not fools to sell our assets with loss or small profit.....Is Gran decline its profit ...or TJL decline its profit...For TJL  the reason was their tax holiday is finished from their last quarter....See their Revenue it will increase quarter by quarter....Don't mislead investors....

10 Re: ALUM or TJL on Fri Feb 03, 2017 8:27 pm

Suranga malli

avatar
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Brinthan wrote:
@Rifanmoh wrote:
@suddera wrote:
@Rifanmoh wrote:ALUM could be recommended. TJL is to face decline next couple of weeks. May be we could collect at Rs. 37 to 38 mid February.

It seems to be you are correct.
What is the reason behing TJL decline.

Simple logic. TJL has always been trading far above its fair value. This is because the company was showing very good growth in profit quarter on quarter. So investors placed much higher value than its present fair value. 

Same with GRAN. I predicted GRAN to reach Rs. 75 and has written the same in another post in this forum. And it happened as well.

When a sudden decline was seen in profit, all lose their mind and start selling. So price falls like nothing. 

I predict TJL to report a decline in profit in the next quarter also. If the GPS+ confirmation doesn't come before the release of Q4 financials, you will see TJL trading below Rs. 30.


Rifanmoh i know ur intend....But we are not fools to sell our assets with loss or small profit.....Is Gran decline its profit ...or TJL decline its profit...For TJL  the reason was their tax holiday is finished from their last quarter....See their Revenue it will increase quarter by quarter....Don't mislead investors....

Dear friends don't belive hora thambiyo.....

11 Re: ALUM or TJL on Fri Feb 03, 2017 9:05 pm

Rifanmoh


Equity Analytic
Equity Analytic
Truth often tastes bitter. 


Study the last quarter financials. Exiting tax holidays is just one reason for the decline in profit. Another important reason is drop in GP margins. This too explained in the management review. They accept lower margin orders in a strategic view of increasing market share. This strategy is to bring benefits in mid to long term. 


While this sort of decline in profit is really short term oriented, chances are high that this impact will be seen in Q4 as well. 

It's unfortunate that investors panic and sell the shares at whatever the price that is available. This reminds me the book Fooled by Randomness.

I sold most of shares after the release Q2 financials in which it was clearly stated in the management review that the company exits its tax holidays. It was clear to me at that time that the company to see decline next few quarters. 

No doubt that TJL is one of best shares in cse. I see it at above 60 levels in two years time. People with patients and holding ability are not going lose. But market is collective decision of thousands of buyers and sellers. So this fluctuation is inevitable. 

I replied in this topic as there was a request to advise which share to invest out of two options given. I knew the answer and replied. Simple as that.

Back to top  Message [Page 1 of 1]

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