ACL CABLES PLC-Research Report-2014

ACL Cables PLC is currently trading at a deep discount to it’s Net Asset Value (NAV) with a strong balance sheet and sustains ease of interest coverage. Prevalent growth in the domestic economy and concurrent infrastructure development is consistently opening new avenues of income for ACL. Away from the bounds of Sri Lanka, ACL has shown continuous increase in export sales attributable to it’s marketing ability, product quality and international standard R&D. Due to the above and more supportive data included in the report, GIH Capital assumes a position where the intrinsic value of a share of ACL should be pegged in the range of Rs. 92-102

CSE.SAS wrote:ACL Cables PLC is currently trading at a deep discount to it’s Net Asset Value (NAV) with a strong balance sheet and sustains ease of interest coverage. Prevalent growth in the domestic economy and concurrent infrastructure development is consistently opening new avenues of income for ACL. Away from the bounds of Sri Lanka, ACL has shown continuous increase in export sales attributable to it’s marketing ability, product quality and international standard R&D. Due to the above and more supportive data included in the report, GIH Capital assumes a position where the intrinsic value of a share of ACL should be pegged in the range of Rs. 92-102

Thnks very usefull

Thx bro..

Next move will occur with the next quartr report.
With low copper prices, less production cost , should have a good quarter report.
Im collecting ...!

Other one is APLA .

ACL did not move that much from 2009. It had a forward contract issue earlier which was now over. They are now making good profits. Fundamentally sound share.

RPPA wrote:

CSE.SAS wrote:ACL Cables PLC is currently trading at a deep discount to it’s Net Asset Value (NAV) with a strong balance sheet and sustains ease of interest coverage. Prevalent growth in the domestic economy and concurrent infrastructure development is consistently opening new avenues of income for ACL. Away from the bounds of Sri Lanka, ACL has shown continuous increase in export sales attributable to it’s marketing ability, product quality and international standard R&D. Due to the above and more supportive data included in the report, GIH Capital assumes a position where the intrinsic value of a share of ACL should be pegged in the range of Rs. 92-102

Thnks very usefull

Your Welcome

Profit down 50 %.
Then how it's share price up?

NC wrote:Thx bro..

Your Welcome....

Fairtrade wrote:ACL did not move that much from 2009. It had a forward contract issue earlier which was now over. They are now making good profits. Fundamentally sound share.

Ya true. Not move much from 2009.

Have good fundamental value...