Last quarter end EPS 2.50.
Now reported 3.17. What a Quarter on Quarter growth company.
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k9 wrote:Super results.good news for parq lovers.
8.46 EPS FOR 2014/15.
Now the parq is one of the greatest share in cse.
please sell immediately...piras wrote:Better to sell now
super results 8.40 EPS for the year. for the last Q 3.17 EPS ....Market.Watch. wrote:I strongly belive PARQ will report maximum of EPS 7.0 for the financial year ended 31.03.2015. or maximum of 7.5. can not go further.
So, base on that PARQ can be trade EPS 7.5 x PER 10 times of Rs.75/-.
I think exit point 65/- to 70/- range would be safe.
hariesha wrote:
Last edited by EPS on Tue May 26, 2015 10:46 pm; edited 1 time in total (Reason for editing : update)
k9 wrote:91 mn is totally operational profit.100% guarenteed.pls do not psot any comment without analysing correctly as investors are misleaded with wrong analysis.
In the income statement there is a row called other comprehensive income.thats from revaluation of malumahara factory land.that is 153 mn.its not take into the total net profit or quaterly net profit.if that 153 mn take into the profit ,eps will be 3.17+(153/27.372)=245/27.372=8.9 for Q4 of 2014/15.if so parq yearly eps =5.29+8.9=14.2
So pls dont mislead investors.3.17 is purely operational and revaluation profit is not take into the parq total or q profit.
And also Nav is 39 now with revaluation profit also.
Yearly operational eps=8.46
Yearly eps with revaluation=14.2
k9 wrote:Waiting for the PARQ Party Time....
Hopping Massive results
ALUF also shows 1.02 EPS...but ALUF has to wait sometime to Record Profits like PARQ.
Currently ALUF recorded 0.14 EPS for the 2014/15 yr.Trading at 35 levels.
Turnover wise ALUF has not recorded increasement ,52 mn for both Q3 and Q4 2014/15.
Reason is Aluf is suppling their products to the ALUMAX,thats y Mr. Dhammika P has taken over ALUF for the benifit of ALUM.
In Q3 GP is 32.9 mn and Q4 GP has come down to 12 mn
ALUF price will be gone up becuase of the favourable market situation.For trading purposes ALUF is ok.
But Investment purpose mid and long PARQ is the best.
Still Super Stock.....
This time will pass 100++
No words to express about the PARQ EPS....
Hoping a reasonable dividend also...
Keep in touch.
Happy Trading.........
k9 wrote:LALU Q4 results has been released.According to the LALU Q4 profit pattern we can not expect more profits than this.but Q4 profit is not big as all think.Overall EPS is 10.6.
This Q Group revenue has decreased 30%, but company income statement revenue increased by over 30%.So we can assume that Aluminum revenue has been increased.other subsidiary revenue came down .Remember they have sold one subsidiary.
Anyway Aluminum revenue has been increased but as all expected this Q profit is not a big profit.
Then what about the PARQ results-Deep analysis
PARQ profit consists with Aluminum(65%) and Tile related profits.(35%)
2014/15 9 months profit is 160 Mn.
Last year Q4 profit is 77 Mn.
Aluminum profit-(77*0.65)=50 Mn
we can expect reasonably Aluminum profit growth by 40%.{profit growth 40%-60% range as this is Q4}
Assuming growth rate 40%,Then (50/100)*140=70mn.(this can be gone up to 100 Mn){70-100 mn range}
Other profit segment Tile related profit is 77-50=27 Mn
This profit will definitely be double according to the last year pattern and high demand in PARQ tile related products in this seasonal Q4=27*2=54 Mn{54 Mn -70 Mn range}
Last Q Total profit should be 70+54=124Mn
Yearly profit 2014/15 minimum=160(9 months profit)+124(Q4)=284 Mn
So 2014/15 year EPS will be 284mn/27.372 Mn shares=10.37
Then Next year we can expect EPS 2 for the Q1 2015/16.
Last yr 2014/15 Q1 EPS 0.50.and yearly massive profits nearly EPS 15.
So PARQ is the super Long Term Stock.
According to my analysis out of ALUM,ALUB,LALU ,
PARQ is the best ever Share.
Reasons,
1.Trading below 10x PE.
2.Super continuous EPS.
3.Profit consists with two different sectors.
4.Aluminum market share 24%(second largest)
5.Tile related product market share over 75%.
Happy trading.
Always stay with fundamentals .....So never loose.
ONTHEMONEY wrote:Hi Guys,
We can observed a mix note on LALU and PARQ in recent financial performance. Although LALU earned substantial earnings to justify its prices, last Quarter 2014/2015 performance is weak compared to other 3 companies listed ( PARQ, ALUM, ALUF ). All companies in the same group and being in the same industry has recorded a significant growth in revenue. Therefore we cannot expect a super revenue in 1Q 2015/2016 FY. Hence I recommend collect in parcels at below levels if anyone have bought over Rs 80/-.
Though ALUF and ALUM has recorded a healthy growth in sales; prices are little overpriced to recommend. Hence a risk is associated.
However PARQ has displayed impressive results for the last quarter 2014/2015 together with significant growth in QoQ growth. Major contribution via Aluminium business while tiles have also contributed to improve performance.
During 1Q 2014/2015 company has recorded on an EPS of Rs 0.77. However during last quarter it has increased up to Rs 3.17 with constant revenue growth. Hence it is obvious that PARQ would record Rs 3.50 for the 1Q 2015/2016 FY.
I expected PARQ price Rs 125+ and above in medium term.
Why?
Company is doing extremely well. Still heavy orders for aluminium products continue.
1. Impressive growth in performance in recent Quarters YoY.
2. Continuously reducing Banks liabilities ultimately increasing NAV, Annualized earnings would justify the above price and above.
3. Highest profits generated in Q4 during last 2 years. Hence we can expect better results. Company has made losses in history. However after the takeover by Lanka Tiles, company is performing well.
4. Strong fundamentals and drivers in the market involved in the list of stockholders. ( e.g Gulam Hussain)
5. High chances for a very attractive dividend.
Not all technically sound shares perform well. In my view a share to perform in the market it should have 2 key components; market drivers+fundamental backing. PARQ has it.
Considering all above facts PARQ displays signs to jump out of blocks. Considering the ill-liquid nature I recommend to hold as a Long term Investment.
Happy Investments
EPS wrote:Very important point is, PARQ is now shows continuous QUARTER ON QUARTER growth performance. That is massive plus point for investors to upgrade this share to next level.
Defa PARQ current valuation above 100 with minimum 10 PER.
This first well performing year under Nimal Perera. Never goes back all companies under him. First changing year they reports 8.46 EPS. What a change to the company.
Remember SEMB predicted 6 EPS for 2015. but they deliver 8.46 massive EPS.
SEMB next year forecasted EPS is 11. will see the growth.
Now this shows as a long term holding stock.
Also,
I like to revalue the PARQ at current quarter EPS 3.17 x 4 = 12.68 level.
So, compaire to sector trading PER of 11, PARQ can now valued at Rs.120 range. Will see during next quarter.
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