FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ 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
FINANCIAL CHRONICLE™️
www.srilankachronicle.com


Join the forum, it's quick and easy

FINANCIAL CHRONICLE™
Dear Reader,

Registration with the Sri Lanka FINANCIAL CHRONICLE™️ 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
FINANCIAL CHRONICLE™️
www.srilankachronicle.com
FINANCIAL CHRONICLE™
Would you like to react to this message? Create an account in a few clicks or log in to continue.
FINANCIAL CHRONICLE™

Encyclopedia of Latest news, reviews, discussions and analysis of stock market and investment opportunities in Sri Lanka

Click Link to get instant AI answers to all business queries.
Click Link to find latest Economic Outlook of Sri Lanka
Click Link to view latest Research and Analysis of the key Sectors and Industries of Sri Lanka
Worried about Paying Taxes? Click Link to find answers to all your Tax related matters
Do you have a legal issues? Find instant answers to all Sri Lanka Legal queries. Click Link
Latest images
All images

Latest topics

» PEOPLE'S INSURANCE PLC (PINS.N0000)
by ErangaDS Yesterday at 10:24 am

» UNION ASSURANCE PLC (UAL.N0000)
by ErangaDS Yesterday at 10:22 am

» ‘Port City Colombo makes progress in attracting key investments’
by samaritan Thu Apr 25, 2024 9:26 am

» Mahaweli Reach Hotels (MRH.N)
by SL-INVESTOR Wed Apr 24, 2024 11:25 pm

» THE KANDY HOTELS COMPANY (1983) PLC (KHC.N0000)
by SL-INVESTOR Wed Apr 24, 2024 11:23 pm

» ACCESS ENGINEERING PLC (AEL) Will pass IPO Price of Rs 25 ?????
by ddrperera Wed Apr 24, 2024 9:09 pm

» LANKA CREDIT AND BUSINESS FINANCE PLC (LCBF.N0000)
by Beyondsenses Wed Apr 24, 2024 10:40 am

» FIRST CAPITAL HOLDINGS PLC (CFVF.N0000)
by Beyondsenses Wed Apr 24, 2024 10:38 am

» LOLC FINANCE PLC (LOFC.N0000)
by Beyondsenses Wed Apr 24, 2024 10:20 am

» SRI LANKA TELECOM PLC (SLTL.N0000)
by sureshot Wed Apr 24, 2024 8:37 am

» COCR IN TROUBLE?
by D.G.Dayaratne Tue Apr 23, 2024 7:59 pm

» Sri Lanka confident of speedy debt resolution as positive economic reforms echoes at IMF/WB meetings
by samaritan Mon Apr 22, 2024 9:28 am

» TAFL is the most undervalued & highly potential counter in the Poultry Sector
by LAMDA Mon Apr 22, 2024 12:58 am

» Construction Sector Boom with Purchasing manager's indices
by rukshan1234 Thu Apr 18, 2024 11:24 pm

» Asha Securities and Asia Securities Target AEL (Access Enginnering PLC )
by Anushka Perz Wed Apr 17, 2024 10:30 pm

» Sri Lanka: China EXIM Bank Debt Moratorium to End in April 2024
by DeepFreakingValue Tue Apr 16, 2024 11:22 pm

» Uncertainty over impending elections could risk Lanka’s economic recovery: ADB
by God Father Tue Apr 16, 2024 2:47 pm

» Sri Lanka's Debt Restructuring Hits Roadblock with Bondholders
by God Father Tue Apr 16, 2024 2:42 pm

» BROWN'S INVESTMENTS SHOULD CONSIDER BUYING BITCOIN
by ADVENTUS Mon Apr 15, 2024 12:48 pm

» Bank run leading the way in 2024
by bkasun Sun Apr 14, 2024 3:21 pm

» ASPI: Undoing GR/Covid19!
by DeepFreakingValue Thu Apr 11, 2024 10:25 am

» Learn CSE Rules and Regulations with the help of AI Assistant
by ChatGPT Tue Apr 09, 2024 7:47 am

» Top AI tools in Sri Lanka
by ChatGPT Tue Apr 09, 2024 7:21 am

» HDFC- Best ever profit reported in 2023
by ApolloCSE Mon Apr 08, 2024 12:43 pm

» WAPO 200% UP
by LAMDA Sun Apr 07, 2024 10:41 pm

CONTRIBUTE
Submit Post

START NEW TOPIC

SHARE LATEST NEWS

ADD EXPERT ARTICLE New

වංශකථාවක් සිංහලෙන් ලියන්න

ADD ECONOMIC UPDATE New

ADD YOUTUBE VIDEO New

SEARCH COMPANIES

REGISTER FREE

ADMIN HELP

INTRODUCE YOURSELF New

ASK A QUESTION
LISTED COMPANIES

Submit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post


CONATCT US

Send your suggestions and comments

* - required fields
Read FINANCIAL CHRONICLE™ Disclaimer


EXPERT CHRONICLE™

RECOMMENDATIONS

SHARES TO BUY Hot

SHARES TO SELL

SHARES TO HOLD

SHARES TO AVOID

UNDERVALUED SHARES

BLUE CHIPS

SMALL CAPS

PENNY STOCKS

TOP 10 DIVIDEND STOCKS New

LERAN TO TRADE New

MY SHARE PORTFOLIO
MARKET SENTIMENTS & PREDICTIONS
SENTIMENTS»

CHRONICLE™ INDEX New

BULLISH SENTIMENTS

BEARISH SENTIMENTS

PREDICTIONS»

MARKET TOMMORROW Hot

TELLER'S PREDICTIONS

MAHARAJA'S ADVICE Hot

KARUNA'S CHOICE

PLAYER'S PICK OF THE DAY

MALTHA MALINA EXCLUSIVE

කොටස් වෙළඳපොළ2020

OPINION OF IMTIAZ BUHARDEEN

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)



CHRONICLE™ YouTube

Disclaimer
FINANCIAL CHRONICLE™ Disclaimer

The information contained in this FINANCIAL CHRONICLE™ 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. FINANCIAL CHRONICLE™ its blogs, forums, domains, 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, FINANCIAL CHRONICLE™ blogs, forums, domains, 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.

Further the writers and users shall not induce or attempt to induce another person to trade in securities using this platform (a) by making or publishing any statement or by making any forecast that he knows to be misleading, false or deceptive; (b) by any dishonest concealment of material facts; (c) by the reckless making or publishing, dishonestly or otherwise of any statement or forecast that is misleading, false or deceptive; or (d) by recording or storing in, or by means of, any mechanical, electronic or other device, information that he knows to be false or misleading in a material particular. Any action writers and users take in respect of (a),(b),(c) and (d) above shall be their own responsibility, FINANCIAL CHRONICLE™ its blogs, forums, domains, 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 violation of securities laws of any country, damages or loss arising out of the use of this information.


AI Live Chat

You are not connected. Please login or register

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » HPWR Q3 Financial out!!!! need a Technical analysis of current price..

HPWR Q3 Financial out!!!! need a Technical analysis of current price..

+2
CSE.SEE
monash
6 posters

Go down  Message [Page 1 of 1]

monash

monash
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

HPWR reported 107 million Net profit with EPS- 0.81 for the Q3 2010.

Is current price undervalued or overvalued? If somebody can give a technical analysis of HPWR really appreciated..

http://www.cse.lk/cmt/upload_report_file/881_1296639458744.pdf

CSE.SEE


Manager - Equity Analytics
Manager - Equity Analytics

monash wrote:HPWR reported 107 million Net profit with EPS- 0.81 for the Q3 2010.

Is current price undervalued or overvalued? If somebody can give a technical analysis of HPWR really appreciated..

http://www.cse.lk/cmt/upload_report_file/881_1296639458744.pdf

HPWR.N0000 (03/02/2011) Technical Analysis Price Level

http://forum.srilankaequity.com/t309-hpwrn0000-03-02-2011-technical-analysis-price-level#1455

monash

monash
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

CSE.SEE thank you.. If u can analyze Q3 results and tell us whether HPWR undervalued or overvalued at current price level it would be great..

$$$


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

It's under valued at the current price last 9 months EPS 2.40 PE of around 15
annulised EPS should be around 3.2 if you take PE at 15 for the final quarter discounting this quarter it should trade towards the upper limit of 48 + .

Rajitha

Rajitha
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

monash wrote:HPWR reported 107 million Net profit with EPS- 0.81 for the Q3 2010.

Is current price undervalued or overvalued? If somebody can give a technical analysis of HPWR really appreciated..

http://www.cse.lk/cmt/upload_report_file/881_1296639458744.pdf

Sorry but this financial Report is quite weak and not what most people expected. Their profits have dwindled from quarter to quarter and seems to be true for almost but 1 company report announced today.
Maybe as previous post few people might see it that way but I doubt any new investor will see it this way. Most probably they would be looking at a quarter to quarter weak finical report when there were high expectations for the share. So I won't be surprise the share price go down quite a bit tomorrow or stagnate at the current prices.

Slstock

Slstock
Director - Equity Analytics
Director - Equity Analytics

Rajitha wrote:
monash wrote:HPWR reported 107 million Net profit with EPS- 0.81 for the Q3 2010.

Is current price undervalued or overvalued? If somebody can give a technical analysis of HPWR really appreciated..

http://www.cse.lk/cmt/upload_report_file/881_1296639458744.pdf

Sorry but this financial Report is quite weak and not what most people expected. Their profits have dwindled from quarter to quarter and seems to be true for almost but 1 company report announced today.
Maybe as previous post few people might see it that way but I doubt any new investor will see it this way. Most probably they would be looking at a quarter to quarter weak finical report when there were high expectations for the share. So I won't be surprise the share price go down quite a bit tomorrow or stagnate at the current prices.

If you look at quarter to quarter growth yes what Rajitha says is true. We do not see a improvement. But if you look at the Annulaized EPS is will be around 3.2. So The current price is not bad and can be considered undervalued compared to its peers . Best to monitor how the market reacts though as growth was not seen.

cse.alpha


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

HPWR - A few comments & observations, not recommendations:

* YoY or QoQ comparison of results may be misleading, and annualising should also be done carefully
- Hydro power is seasonal, and influenced by un-controllable and un-forecastable weather patterns
- Thermal power suffers from irregular operating & maintenance (O&M) costs

* Preference share dividends need to be deducted
- Adjusted for preference share dividends, 9month net profit is around Rs300 m

* New projects will kick in soon
- Third mini hydro under construction
- Options in Africa are to explored as per LBO article in Nov 2010
- Company seems to have got good price on last year's purchase of Senok Mark Hydro too

* Assuming a further Rs100 mn in 4Q (almost unchanged YoY), HPWR should report Rs400 mn profit for FY11
- Forward FY11 EPS is Rs3.2 on this basis, and forward FY11 PER is 11.6x at Rs37
- As power sector is highly cash generative, chance for around Rs1.5-2.0 per share in dividends
- But longer term earnings and growth are more important
- Potential to improve EPS in FY12E with new plant likely to start - but weather patterns will also influence output
- CEB has reduced rates for new mini hydros

* Share trading at discount to mini hydros
- But is this a case of the others being over-valued, or HPWR being under-valued?
- Does HPWR need a discount as it is not a pure mini-hydro company? Or does its growth require a premium?

* 75% of company with promoters; low free float can be influenced quite easily

* Fundamental analysis aside, what were traders and investors expecting as HPWR 3Q results?
- Investor expectations matter
- To what degree will traders be disappointed by YoY and QoQ drop in earnings, or will they look at valuations?

Sponsored content



Back to top  Message [Page 1 of 1]

FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » HPWR Q3 Financial out!!!! need a Technical analysis of current price..

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