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.

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


Submit PostSubmit Post
ශ්‍රී ලංකා මූල්‍ය වංශකථාව - සිංහල
Submit Post



Latest topics

» FUTURE of BROWNS INVESTMENT PLC (BIL)
by Bakkabwoi Yesterday at 11:33 pm

» First capital holdings CFVF.N0000
by SL-INVESTOR Yesterday at 9:11 pm

» CONTRADICTARY statements BY BUYER & SELLER RE: MGT & GREG
by GHERATH72 Yesterday at 9:02 pm

» ACCESS ENGINEERING ( AEL.N )
by High-flyer Yesterday at 8:43 pm

» GLAS will be winner with Super Gain.
by Promoney Yesterday at 7:45 pm

» TOKYO CEMENT COMPANY (LANKA) PLC
by ADVENTUS Yesterday at 4:27 pm

» KGAL - THE SLEEPING GIANT
by Big Bull Yesterday at 2:28 pm

» NATIONAL DEVELOPMENT BANK PLC (NDB.N0000)
by shihan 93 Yesterday at 1:16 pm

» Sunshine holding future potential
by Zahara khan Yesterday at 12:43 pm

» hospital sector
by David VKMS Yesterday at 10:26 am

» Sri Lanka Bonds Go From Asia’s Worst to Best After China Loan
by CHRONICLE™ Yesterday at 7:27 am

» The market changes fast; it is OK to get out when you feel it is right and take the profits that you can. Stock market for beginners
by Asoka Samarakone Sun May 16, 2021 10:04 pm

» Ban of chemical fertilizers is a great news
by dayandacool Sun May 16, 2021 9:50 pm

» Economic Uncertainty Drives Crypto Growth in Sri Lanka
by CHRONICLE™ Sun May 16, 2021 9:23 pm

» DIPPED PRODUCTS PLC (DIPD.N0000)
by ADVENTUS Sun May 16, 2021 4:37 pm

» CSE listed companies...Failed or collapsed
by High-flyer Sat May 15, 2021 9:14 pm

» L B FINANCE PLC (LFIN.N0000)
by kanishkaecomm Sat May 15, 2021 5:17 pm

» කොටස් වෙළඳපොළ2020
by කොටස් වෙළඳපොළ2020 Sat May 15, 2021 11:52 am

» 14 May onwards -Road Clear to Enter one of the Asias Most Undervalued Stock Market
by kalu351 Sat May 15, 2021 6:34 am

» Plantation Sector
by කොටස් වෙළඳපොළ2020 Fri May 14, 2021 10:13 pm

EXPERT CHRONICLE™

ECONOMIC CHRONICLE

GROSS DOMESTIC PRODUCT (GDP)


CHRONICLE™ YouTube

CHRONICLE™ NEWS PRODUCTS

FINANCIAL CHRONICLE™

Views & Reviews, Analysis, Evaluations, Discussions, Gossip and Hot Tips relating to Sri Lankan companies listed on the Colombo Stock Exchange (CSE)
Contribute




DAILY CHRONICLE™

Latest news and articles published in Newspapers, Websites, Blogs and other online news sites relating to business and investments in Sri Lanka
Contribute



ECONOMIC CHRONICLE™

This is a section that provide news, views, analysis, predications relating to Political and Socio-Economic factors and how such activities affect the Stock Market and other economic activity of the Country.

Contribute




EXPERT CHRONICLE™

This is an exclusive section for Expert Articles which will help member to share knowledge through comments and responses of the members. All members are allowed to reply and make comments to these articles.

Contribute


Submit Post


CHRONICLE™ YouTube

Youtube Videos and other visual presentations relating Stock market and other investment advise submitted by members or other contributors.

Contribute


Submit Post


කොළඔ කොටස් වෙළඳපොළේ වංශකථාව
කොළඔ කොටස් වෙළඳපොළේ ලැයිස්තුගත සමාගම් කොටස් ගැන තොරතුරු¸විශ්ලේෂණ¸සාකච්ඡා¸ කටකතා¸රසකතා යන සියල්ල අපේම සිංහලෙන් කතා කළ හැකි ‘කතා මණ්ඩපය’

Contribute

Twitter Feeds
POPULAR COMPANIES
A

ABANS ELECTRICALS PLC

ACCESS ENGINEERING PLC Hot

ACL CABLES PLC

ACL PLASTICS PLC

ACME PRINTING & PACKAGING PLC

AGSTAR PLC

AITKEN SPENCE HOTEL HOLDINGS PLC

AITKEN SPENCE PLC

ANILANA HOTELS AND PROPERTIES PLC

ARPICO INSURANCE PLC

ASIA ASSET FINANCE PLC

ASIA CAPITAL PLC

B

BAIRAHA FARMS PLC

BALANGODA PLANTATIONS PLC

BIMPUTH FINANCE PLC

BLUE DIAMONDS JEWELLERY WORLDWIDE PLC

B P P L HOLDINGS PLC

BROWNS BEACH HOTELS PLC

BROWNS INVESTMENTS PLC

C

CARGO BOAT DEVELOPMENT COMPANY PLC

CENTRAL INDUSTRIES PLC

CEYLON COLD STORES PLC

CEYLON GRAIN ELEVATORS PLC Hot

CEYLON TEA BROKERS PLC

CEYLON TOBACCO COMPANY PLC

CHEVRON LUBRICANTS LANKA PLC

COLOMBO FORT LAND & BUILDING PLC

COMMERCIAL BANK OF CEYLON PLC

CITRUS LEISURE PLC Hot

COMMERCIAL CREDIT AND FINANCE PLC

D

DANKOTUWA PORCELAIN PLC

DFCC BANK PLC

DIALOG AXIATA PLC

DIALOG FINANCE PLC

DIPPED PRODUCTS PLC

DISTILLERIES COMPANY OF SRI LANKA PLC

DUNAMIS CAPITAL PLC

E

EAST WEST PROPERTIES PLC Hot

EASTERN MERCHANTS PLC

EXPOLANKA HOLDINGS PLC

E-CHANNELLING PLC

F

FIRST CAPITAL HOLDINGS PLC

G

GALADARI HOTELS (LANKA) PLC

GUARDIAN CAPITAL PARTNERS PLC

H

HATTON NATIONAL BANK PLC

HAYLEYS PLC

HAYLEYS FABRIC PLC

HAYLEYS FIBRE PLC Hot

HEMAS HOLDINGS PLC

HIKKADUWA BEACH RESORT PLC

HNB ASSURANCE PLC

HVA FOODS PLC

J

JANASHAKTHI INSURANCE COMPANY PLC

JOHN KEELLS HOLDINGS PLC Hot

JOHN KEELLS HOTELS PLC

L

LANKA ASHOK LEYLAND PLC

LANKA IOC PLC

LANKEM CEYLON PLC

LANKEM DEVELOPMENTS PLC

LAUGFS GAS PLC

LAUGFS POWER LIMITED

LOLC FINANCE PLC

LOLC HOLDINGS PLC

LUCKY LANKA MILK PROCESSING COMPANY PLC

M

MELSTACORP PLC

N

NATIONAL DEVELOPMENT BANK PLC

NATION LANKA FINANCE PLC

NESTLE LANKA PLC

O

ORIENT FINANCE PLC

OVERSEAS REALTY (CEYLON) PLC

P

PANASIAN POWER PLC

PEOPLE'S LEASING & FINANCE PLC

PIRAMAL GLASS CEYLON PLC

PRIME FINANCE PLC

R

RAIGAM WAYAMBA SALTERNS PLC

RENUKA AGRI FOODS PLC

RENUKA CAPITAL PLC

RENUKA HOLDINGS PLC

RICHARD PIERIS AND COMPANY PLC

RICHARD PIERIS EXPORTS PLC Hot

ROYAL CERAMICS PLC

S

SAMPATH BANK PLC

SEYLAN BANK PLC

SIERRA CABLES PLC

SINGHE HOSPITALS PLC Hot

SMB LEASING PLC

SOFTLOGIC HOLDINGS PLC

SOFTLOGIC LIFE INSURANCE PLC

SRI LANKA TELECOM PLC

SWISSTEK (CEYLON) PLC Hot

T

TEEJAY LANKA PLC

TESS AGRO PLC

THREE ACRE FARMS PLC

TOKYO CEMENT COMPANY (LANKA) PLC Hot

U

UNION BANK OF COLOMBO PLC

V

VALLIBEL FINANCE PLC

VALLIBEL ONE PLC Hot

VALLIBEL POWER ERATHNA PLC

W

WASKADUWA BEACH RESORT PLC


You are not connected. Please login or register

FINANCIAL CHRONICLE™ » FINANCIAL CHRONICLE™ » quarterly results highlight on Textured Jersey Lanka PLC for 2QFY15

quarterly results highlight on Textured Jersey Lanka PLC for 2QFY15

Go down  Message [Page 1 of 1]

Market R

Market R
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics

TJL reported a 7% YoY increase in earnings for 2QFY15, supported by moderate topline growth (+7% YoY) and technical service fees of Rs. 21mn from Ocean India, which offset margin contraction and a decline in net finance income. While 1HFY15 earnings are 11% lower YoY (due to a weak first quarter), our full year forecasts for FY15E remain broadly unchanged. Factoring in the margin impact of a delay in commencement of operations of the company’s multi fuel boiler plant, and a higher than expected share of outsourced business for the year, we now project full year earnings of Rs. 1.38bn for FY15E (a 5% reduction vs. our previous forecast of Rs. 1.45bn). We expect an uptick in business volumes in the early half of 3QFY15, on the back of a likely increase in orders from retailers for the Christmas season. This, coupled with a 15% reduction in electricity tariffs and likely short term margin benefit from the sharp decline in cotton prices over the last 5-6 months, should support healthy bottom line growth in 2HFY15. Our earnings projections are, however, subject to revision in the event of further increases in dye and chemical prices.

At its current price of Rs. 20.00, TJL trades at a FY15E P/E multiple of 9.6x, at a >30% discount to the FY15E market P/E.

Sorce -
John Keells Stock Brokers (Pvt) Ltd.

ddrperera


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Market R wrote:
TJL reported a 7% YoY increase in earnings for 2QFY15, supported by moderate topline growth (+7% YoY) and technical service fees of Rs. 21mn from Ocean India, which offset margin contraction and a decline in net finance income. While 1HFY15 earnings are 11% lower YoY (due to a weak first quarter), our full year forecasts for FY15E remain broadly unchanged. Factoring in the margin impact of a delay in commencement of operations of the company’s multi fuel boiler plant, and a higher than expected share of outsourced business for the year, we now project full year earnings of Rs. 1.38bn for FY15E (a 5% reduction vs. our previous forecast of Rs. 1.45bn). We expect an uptick in business volumes in the early half of 3QFY15, on the back of a likely increase in orders from retailers for the Christmas season. This, coupled with a 15% reduction in electricity tariffs and likely short term margin benefit from the sharp decline in cotton prices over the last 5-6 months, should support healthy bottom line growth in 2HFY15. Our earnings projections are, however, subject to revision in the event of further increases in dye and chemical prices.

At its current price of Rs. 20.00, TJL trades at a FY15E P/E multiple of 9.6x, at a >30% discount to the FY15E market P/E.

Sorce -
John Keells Stock Brokers (Pvt) Ltd.


best buying...more worth @ 2 level...NDB Target 24..Bartleet 23....

shan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
TJL Asha phillip target 26.00 to 30.00

Jana

Jana
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics
TJL short term target more than 25/=
Good to buy @ 20/= or 20.30 or up to 21/= level
Very strong counter still not move much
Solid 25% gain guaranteed

ddrperera


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Jana wrote:TJL short term target more than 25/=
Good to buy @ 20/= or 20.30 or up to 21/= level
Very strong counter still not move much
Solid 25% gain guaranteed

ashaphillip hugely collected @ 20 last days with confirm,,,,any thing can happen.... Very Happy

fireshelter

fireshelter
Associate Director - Equity Analytics
Associate Director - Equity Analytics
yes all member of this forum collected TJL now waiting

Gainer

Gainer
Associate Director - Equity Analytics
Associate Director - Equity Analytics
TJL tomorrow it will rocket cheers cheers cheers

piras

piras
Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
TJL is good

ddrperera


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@piras wrote:TJL is good

tjl godai eth yan nathi ekanee wade....... Very Happy

fff4sl

fff4sl
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
Ibi gamana...

Sponsored content


Back to top  Message [Page 1 of 1]

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