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FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » GLAS - 1st Financial Statement for the 2nd Quarter

GLAS - 1st Financial Statement for the 2nd Quarter

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Champ is Back


Senior Equity Analytic
Senior Equity Analytic
http://cse.lk/cmt/upload_report_file/666_1405416199307.pdf

possible to go down further isn't it?

EPS 0.09 compare with last year 0.38.

SHARK aka TAH

SHARK aka TAH
Expert
Expert
If you remove the Disposal Investment Property Gain.We will not see much effect this year.
Marginal increase in Revenue.

They have few issues to sort out

Champ is Back


Senior Equity Analytic
Senior Equity Analytic
SHARK wrote:If you remove the Disposal Investment Property Gain.We will not see much effect this year.
Marginal increase in Revenue.

They have few issues to sort out

Thanks for point out. However, they have to earn well in next 3 quarters in order to achieve last year 0.88 Rs profit isn't it?

SHARK aka TAH

SHARK aka TAH
Expert
Expert
IMO GLAS has bottomed out and building the base for future appreciation.

If they get their problems sorted out we will see a good opportunity CG and Dividend P/O wise.

I am sensing they will sort out the energy issue very soon. same way LION they need to go for external borrowing when the IR are below levels.perhaps anticipating more down Smile not sure though

A2Z

A2Z
Manager - Equity Analytics
Manager - Equity Analytics
Ane palayan do yanna. Hoda shares walata katha kathaa hadanne nathuwa

NC

NC
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
Agree with "Shark".
If you observe their Income statement, their revenue and GP are very steady, and at the same time they have reduced their selling and distribution and administrative expenses. Good ! If you minus their property disposal value, you'll notice that their PBT (profit before tax) has raised by 10%. Isn't good?
And look at their cash flow, Net cash flows generated operating activities and cash equivalent has been raised massively, Very strong cash flow..
A company selling off all its assets, or because it has recently issued new stocks or bonds, results in one-time gains and is not an indicator of financial health. I think now they are having a healthy financial outlook..
Anyway thanx for raising this question..  Smile

stevenapple


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@A2Z wrote:Ane palayan do yanna. Hoda shares walata katha kathaa hadanne nathuwa  

Shocked

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@A2Z wrote:Ane palayan do yanna. Hoda shares walata katha kathaa hadanne nathuwa

Hondad, narakada Kiyaa kiyanne bahutharaya.
Oyage mathaya darima oyata aiythiyak athi.

Namuth Katha karanna igena ganna
nikan malu karayo wage katha karanna epa

apitath hondata kunuurapa dannawa.

cse1981

cse1981
Manager - Equity Analytics
Manager - Equity Analytics
ELA ela

stevenapple


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@stockback wrote:
@A2Z wrote:Ane palayan do yanna. Hoda shares walata katha kathaa hadanne nathuwa

Hondad, narakada Kiyaa kiyanne bahutharaya.
Oyage mathaya darima oyata aiythiyak athi.

Namuth Katha karanna igena ganna
nikan malu karayo wage katha karanna epa

apitath hondata kunuurapa dannawa.  

silent

shadow walker

shadow walker
Vice President - Equity Analytics
Vice President - Equity Analytics
@stevenapple wrote:
@stockback wrote:
@A2Z wrote:Ane palayan do yanna. Hoda shares walata katha kathaa hadanne nathuwa

Hondad, narakada Kiyaa kiyanne bahutharaya.
Oyage mathaya darima oyata aiythiyak athi.

Namuth Katha karanna igena ganna
nikan malu karayo wage katha karanna epa

apitath hondata kunuurapa dannawa.  

silent

 bom  bom 

Gaudente


Senior Equity Analytic
Senior Equity Analytic
@Champ is Back wrote: However, they have to earn well in next 3 quarters in order to achieve last year 0.88 Rs profit isn't it?
Nobody is expecting Piramal to make 0.88 Rp. EPS this year.

Champ is Back


Senior Equity Analytic
Senior Equity Analytic
@Gaudente wrote:
@Champ is Back wrote: However, they have to earn well in next 3 quarters in order to achieve last year 0.88 Rs profit isn't it?
Nobody is expecting Piramal to make 0.88 Rp. EPS this year.

ok then, Sir how much expecting this year? And then what is the dividend sir expecting?

stockback


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
@Champ is Back wrote:
@Gaudente wrote:
@Champ is Back wrote: However, they have to earn well in next 3 quarters in order to achieve last year 0.88 Rs profit isn't it?
Nobody is expecting Piramal to make 0.88 Rp. EPS this year.

ok then, Sir how much expecting this year? And then what is the dividend sir expecting?

Expect 45 cent coming three quarters. then Year end earning 53 Cents. maybe its range (45 - 55)

Expecting 25 cent dividend for next year.

Champ is Back


Senior Equity Analytic
Senior Equity Analytic
@stockback wrote:
@Champ is Back wrote:
@Gaudente wrote:
@Champ is Back wrote: However, they have to earn well in next 3 quarters in order to achieve last year 0.88 Rs profit isn't it?
Nobody is expecting Piramal to make 0.88 Rp. EPS this year.

ok then, Sir how much expecting this year? And then what is the dividend sir expecting?

Expect 45 cent coming three quarters. then Year end earning 53 Cents. maybe its range (45 - 55)

Expecting 25 cent dividend for next year.

Ha haa.. it is funny.... Last 4 years they have been paid more than (or equal) 30 cts.
Even though share prize is down, revenue & profit is up..

I am expecting 60 cts - 70 cts profit (at least) & Dividend is around 40cts (at least).

SHARK aka TAH

SHARK aka TAH
Expert
Expert
Expect Least Dividends This time, but when you get more thats a Bonus know Smile This way you will not get dissapointed when teh actual announcement come through.

jonny

jonny
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@A2Z wrote:Ane palayan do yanna. Hoda shares walata katha kathaa hadanne nathuwa

Who is this guy....???

Need to teach him some forum etiquette..!!.

NC

NC
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
I expect around 0.4EPS based on linear forecasting. And I think most glas holders expecting around 0.4-0.45 EPS in this year. So most importantly, in world of trading, the impact of unexpected news are much higher than expected news. So, if glas. EPS exceed 0.5, I think it'll hit the market.
And below is bit of technical analysis of current situation,
market structure is still down, However, it shows clearly the bear run already finished by blue pitchfork. And UML (red pitchfork) already broken. Now its on the LML of green pitchfork (upward). Support 3.5.
overall its going through an accumulation phase (between 4.0 -3.5)
GLAS - 1st Financial Statement for the 2nd Quarter Glas116

( currently, my dfn is not working, so the pitchforks has been hand drawn. And i'm not giving and buy or sell recommendation. Do it at your own risk)

Champ is Back


Senior Equity Analytic
Senior Equity Analytic
SHARK wrote:Expect Least Dividends This time, but when you get more thats a Bonus know Smile This way you will not get disappointing when the actual announcement come through.

I think you don't have this shares in your portfolio isn't it? If you have you will not think like that.
Am i wrong?

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