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CENTRAL INDUSTRIES PLC (CIND.N0000)

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276CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Thu Sep 22, 2022 4:56 pm

LHW


Manager - Equity Analytics
Manager - Equity Analytics

LHW wrote:The move comes after water pipes and fittings were listed under the import controls gazetted last month, tanking the NWSDB’s plans to recommence *issuing new connections following funding by the Asian Development Bank (ADB) and assistance from the Central Bank of Sri Lanka (CBSL) to source dollars needed to import water meters for new customers.

https://www.themorning.lk/economic-crisis-new-water-connections-blocked-by-import-bans/

Bid Notices Published in the month of August & September.
CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 9e04cb10

K.R likes this post

277CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Thu Sep 22, 2022 11:33 pm

K.R


Manager - Equity Analytics
Manager - Equity Analytics

52 week high - Rs 250
CIND will climb towards its glory days again💥
CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 14c79a10

LHW likes this post

278CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Wed Sep 28, 2022 7:47 am

LHW


Manager - Equity Analytics
Manager - Equity Analytics

LHW wrote:The move comes after water pipes and fittings were listed under the import controls gazetted last month, tanking the NWSDB’s plans to recommence *issuing new connections following funding by the Asian Development Bank (ADB) and assistance from the Central Bank of Sri Lanka (CBSL) to source dollars needed to import water meters for new customers.

https://www.themorning.lk/economic-crisis-new-water-connections-blocked-by-import-bans/
ADB plans $ 14 b to ease food crisis, promote long-term food security in Asia-Pacific

The funding will be channelled through existing and new projects in sectors including farm inputs, food production and distribution, social protection, irrigation, and *water resources management*, as well as projects leveraging nature-based solutions. 

https://www.ft.lk/front-page/ADB-plans-14-b-to-ease-food-crisis-promote-long-term-food-security-in-Asia-Pacific/44-740328

ErangaDS likes this post

279CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Mon Nov 14, 2022 9:54 am

ErangaDS


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

CIND has just reported the best earnings in the history of the company 💡
💯 upside can be expected 💡
CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Ad286b10

280CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Thu Nov 17, 2022 7:12 pm

LHW


Manager - Equity Analytics
Manager - Equity Analytics

Arrangements made to supply necessary provisions for projects under the ‘Water for All’ program 

http://www.colombopage.com/archive_22B/Nov02_1667406308CH.php


Bid Notice Published on Daily News on 16th November  2022
https://drive.google.com/file/d/1PIAjbgLYlSbQhdZ7ApWQ7ePuK1BNXnrZ/view?usp=drivesdk

Bid Notice Published on Daily News on 09th November  2022  
https://drive.google.com/file/d/1OE2nrBFuP445Pn75E5FNeqSJrgjru2N8/view?usp=drivesdk

ErangaDS likes this post

281CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Wed Nov 23, 2022 6:34 pm

ErangaDS

ErangaDS
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

ErangaDS wrote:CIND has just reported the best earnings in the history of the company 💡
💯 upside can be expected 💡
CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Ad286b10


TTM PER : 3.0
QoQ PER : 1.3x 
CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 C22d8010

LHW likes this post

282CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Wed Feb 01, 2023 6:39 pm

LHW

LHW
Manager - Equity Analytics
Manager - Equity Analytics

INTERIM CONDENSED FINANCIAL STATEMENTS FOR THE NINE MONTHS ENDED
31ST DECEMBER 2022
https://cdn.cse.lk/cmt/upload_report_file/665_1675249782815.pdf

Bid Notice Published on Daily News on 01st February 2023
https://drive.google.com/file/d/1uG7c8vawGfzLuKYo88WF60dv_67uvDpp/view?usp=drivesdk

Government to settle Rs.175bn construction industry outstanding payments from capital allocations
https://www.dailymirror.lk/breaking_news/Government-to-settle-Rs-175bn-construction-industry-outstanding-payments-from-capital-allocations/108-253307

283CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Wed Feb 01, 2023 11:02 pm

ErangaDS

ErangaDS
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Fb384110

284CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Thu Feb 02, 2023 8:55 pm

K.R

K.R
Manager - Equity Analytics
Manager - Equity Analytics

How attractive is Central Industries $CIND at current MM?

$CIND is currently trading at 2.77 per (41% undervalued compared to the industry per)

Based on pbv, ev/ebitda , adjusted per (ttm) & navps,

Fair Value ~ 222
Upside ~ 271% 📈

Here’s the valuation breakup as of 3Q22,

1. PBV

Median pbv of SPCSECGP (capital goods) is 1.9% (as of 31/12/2022)

$CIND is comparatively illiquid hence after a -10% illiquidity discount, implied multiple = 1.68X

This gives an FV of LKR 222 based on the implied pbv

2. EV/EBITDA

Capital goods industry peers trade at a median of 8x ev/ebitda as of 31/12/2022

Pat/ebitda historical average is 54%; this translates $CIND eps ttm ~22 to 40.3 ebitda / share

After -10% illiquidy premium fv based on ev/ebitda = LKR 288

3. NAV &PER

$CIND bvps is 132.4 & eps ttm is 22 (as of 31/12/22)

Further, historical finance cost/revenue is ~1%, however due to heavy fx losses ttm finance cost has inflated to 820M (13% of revenue)

3. Cont.

After adjusting 13% finance cost to historical average (1%) new eps ttm is approx. 63

Based on the adjusted eps ttm $CIND currently trading at 0.95X per

$CIND fv at SPCSECGP per (3.90x) = 246

https://twitter.com/WidulDeelaka/status/1620871199520849922


CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Fc261610
CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 7fed6510
CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 7f11e310

ErangaDS likes this post

285CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Fri Feb 03, 2023 1:23 pm

ErangaDS

ErangaDS
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

#CINDSL
Overall Signal: Bullish Bullish

indicators outweigh bearish indicators 11 to 1.

RL: 78.45
SL: 69.50
Next Resistance: 85.70 TP (2 wk): 85.00*

* Variance of +/- 5%
#cse #technicalanalysis

CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 E7da5310

286CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Fri Feb 24, 2023 8:50 am

K.R

K.R
Manager - Equity Analytics
Manager - Equity Analytics

K.R wrote:How attractive is Central Industries $CIND at current MM?

$CIND is currently trading at 2.77 per (41% undervalued compared to the industry per)

Based on pbv, ev/ebitda , adjusted per (ttm) & navps,

Fair Value ~ 222
Upside ~ 271% 📈

Here’s the valuation breakup as of 3Q22,

1. PBV

Median pbv of SPCSECGP (capital goods) is 1.9% (as of 31/12/2022)

$CIND is comparatively illiquid hence after a -10% illiquidity discount, implied multiple = 1.68X

This gives an FV of LKR 222 based on the implied pbv

2. EV/EBITDA

Capital goods industry peers trade at a median of 8x ev/ebitda as of 31/12/2022

Pat/ebitda historical average is 54%; this translates $CIND eps ttm ~22 to 40.3 ebitda / share

After -10% illiquidy premium fv based on ev/ebitda = LKR 288

3. NAV &PER

$CIND bvps is 132.4 & eps ttm is 22 (as of 31/12/22)

Further, historical finance cost/revenue is ~1%, however due to heavy fx losses ttm finance cost has inflated to 820M (13% of revenue)

3. Cont.

After adjusting 13% finance cost to historical average (1%) new eps ttm is approx. 63

Based on the adjusted eps ttm $CIND currently trading at 0.95X per

$CIND fv at SPCSECGP per (3.90x) = 246

https://twitter.com/WidulDeelaka/status/1620871199520849922


CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Fc261610
CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 7fed6510
CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 7f11e310

Central Industries
CIND.N0000
Share Price7 Day 1 Year 
85.5027.2% -50.6% 
CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 1x1
 
Investor sentiment improves as stock rises 27%
After last week's 27% share price gain to LK₨85.50, the stock trades at a trailing P/E ratio of 4.2x. 
  • Average trailing P/E is 13x in the Building industry in Asia. 
  • Total returns to shareholders of 127% over the past three years.

LHW likes this post

287CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Sat Apr 22, 2023 9:27 pm

LHW

LHW
Manager - Equity Analytics
Manager - Equity Analytics

US partners with Sri Lanka to improve water management

COLOMBO (News 1st); United State is partnering with Sri Lanka to improve water management to support communities that are facing challenges in accessing clean drinking water.
US Ambassador to Sri Lanka Julie Chung, joined Prime Minister Dinesh Gunawardena and Minister Jeewan Thondaman in celebrating World Water Day on Wednesday (22), where she made these remarks.

"It seems a little ironic to talk about water conservation in a country that annually averages benefits from about 2,000 millimeters of rain. But the reality is this generous gift from nature doesn’t benefit all Sri Lankans as much as it could, with less than half of rural Sri Lankans having access to piped water," said the Ambassdor.
https://www.newsfirst.lk/2023/03/23/us-partners-with-sri-lanka-to-improve-water-management/

Bid Notice Published on Daily News on 19th April 2023
https://drive.google.com/file/d/1KRufy8fKil4V8WNub65S29buIclaH7us/view?usp=drivesdk

Bid Notice Published on Daily News on 05th April 2023
https://drive.google.com/file/d/1XaB-DOrMM3Rd4g6rs0ggC7Gr9uka8v7a/view?usp=drivesdk

K.R likes this post

288CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Wed May 17, 2023 9:01 am

LHW

LHW
Manager - Equity Analytics
Manager - Equity Analytics

60% given pipe-borne water - Ministry
Sixty percent of the country’s population has been provided with pipe-borne water supply by the end of October 2022, the Water Supply Ministry said.
It is expected to provide the other 40 per cent with pipe-borne water by 2025 under the ‘Water for All’ initiative, the Ministry said.
https://www.dailynews.lk/2022/11/25/local/291898/60-given-pipe-borne-water-ministry


Bid Notice Published on Daily News on 10th May 2023
https://drive.google.com/file/d/1z1lymEyKCDBU4jtwCAn7Jev08IgwN-v6/view?usp=drivesdk

ErangaDS likes this post

289CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Mon May 22, 2023 7:11 am

LHW

LHW
Manager - Equity Analytics
Manager - Equity Analytics

Commissions Rs. 22.4 b worth largest water project in the Sabaragamuwa Province for which foundation was laid by Wickremesinghe as Premier in 2018

‘Asupini Ella water scheme’ the largest water project in the Sabaragamuwa Province implemented under the financial allocation of Rs. 3.8 billion from the Government and Rs. 18.6 billion loan from the Government of the Netherlands. It addresses providing solutions to drinking water problems in 135 Grama Seva Divisions belonging to Aranayaka, Mawanella and Rambukkana Divisional secretariats in Kegalle district.

https://www.ft.lk/business/President-urges-all-to-work-together-to-build-glorious-SL-free-from-bankruptcy/34-748583

K.R likes this post

290CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Fri May 26, 2023 12:55 pm

K.R

K.R
Manager - Equity Analytics
Manager - Equity Analytics

Final Dividend -: LKR 6
Cash : Rs 3.00
Script :Rs 3.00

CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 9e1b6d10

291CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Tue May 30, 2023 9:02 am

K.R

K.R
Manager - Equity Analytics
Manager - Equity Analytics

CIND Financial Highlights Q4

🚰 Posts a net profit of Rs. 187 MN for MAR-2023-Q, vs a loss of (Rs. 39 MN ) in MAR-2022-Q.
EPS Q4-: 5.52 vs (1.62) YoY increase 440%

EPS FY 23 -: 27.41 vs 21.40 (2022)
PER -: 2.78X
NVPS-: 138
DPS -: RS 6 (Cash + Sricpt)
CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 63823f10

292CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Sun Jun 25, 2023 2:37 pm

ResearchMan

ResearchMan
Manager - Equity Analytics
Manager - Equity Analytics

i took a postion and then sold making  a very small loss.

293CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Sat Aug 05, 2023 8:23 pm

K.R

K.R
Manager - Equity Analytics
Manager - Equity Analytics

Central Industries PLC Reports Earnings Results for the First Quarter Ended June 30, 2023

Central Industries PLC reported earnings results for the first quarter ended June 30, 2023. For the first quarter, the company reported sales was LKR 993.16 million compared to LKR 1,033.98 million a year ago. Net income was LKR 125.64 million compared to LKR 33.44 million a year ago.

Basic earnings per share from continuing operations was LKR 5.35 compared to LKR 1.43 a year ago. Diluted earnings per share from continuing operations was LKR 5.35 compared to LKR 1.43 a year ago.

EPS increased by 376% compared to last year
NAV 143.35 

Ekanayake90 likes this post

294CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Sun Aug 06, 2023 9:00 pm

Ekanayake90

Ekanayake90
Manager - Equity Analytics
Manager - Equity Analytics

What is the best construction related company at CSE?
Compare all the others(Cement , Cable , Tile , Aluminum)with CIND , than you will have an answer.
PER @3 doesn’t reflects the true value of this magnificent company
CIND deserves at least 8+ PER in the short run
CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Img_2211

K.R likes this post

295CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Tue Aug 22, 2023 7:52 pm

K.R

K.R
Manager - Equity Analytics
Manager - Equity Analytics

Ekanayake90 wrote:What is the best construction related company at CSE?
Compare all the others(Cement , Cable , Tile , Aluminum)with CIND , than you will have an answer.
PER @3 doesn’t reflects the true value of this magnificent company
CIND deserves at least 8+ PER in the short run  
CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Img_2211

Couldn’t agree more 💎
CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Img_2236

296CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Mon Nov 20, 2023 7:48 pm

LHW

LHW
Manager - Equity Analytics
Manager - Equity Analytics

LHW wrote:60% given pipe-borne water - Ministry
Sixty percent of the country’s population has been provided with pipe-borne water supply by the end of October 2022, the Water Supply Ministry said.
It is expected to provide the other 40 per cent with pipe-borne water by 2025 under the ‘Water for All’ initiative, the Ministry said.
https://www.dailynews.lk/2022/11/25/local/291898/60-given-pipe-borne-water-ministry


Bid Notice Published on Daily News on 10th May  2023
https://drive.google.com/file/d/1z1lymEyKCDBU4jtwCAn7Jev08IgwN-v6/view?usp=drivesdk

[size=35]ADB to assist Sri Lanka water supply projects[/size]

ECONOMYNEXT – Representatives from the Asian Development Bank met government officials at the Presidential Secretariat, to discuss the upcoming water supply sector reform program in Sri Lanka.
The discussion focused on the policy planning and monitoring framework integral to the proposed reform program, which is set to be implemented through financial assistance from the ADB. 
The reforms revolve around enhancing the management of climate-resilient, safe and environmentally sustainable water supply systems, a statement by the president’s media division said. 
The execution of this initiative would be undertaken collaboratively by the prime minister’s office, the ministry of water supply and the National Water Supply and Drainage Board. (Colombo/Nov20/2023)

297CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Wed Feb 07, 2024 5:27 pm

K.R

K.R
Manager - Equity Analytics
Manager - Equity Analytics

Ever Performing #CIND 💎
EPS 26.23
PER 3.2X
NAV 151.37
PBV 0.6X
DPS 6.00(22-23)
CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Img_2622

ErangaDS likes this post

298CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Thu Feb 08, 2024 9:21 pm

K.R

K.R
Manager - Equity Analytics
Manager - Equity Analytics

CIND.N0000 | Central Industries

Feb 08
Third quarter 2024 earnings released: EPS: LK₨9.32 (vs LK₨8.53 in 3Q 2023)

Third quarter 2024 results:
EPS: LK₨9.32 (up from LK₨8.53 in 3Q 2023).
Revenue: LK₨1.04b (down 12% from 3Q 2023).
Net income: LK₨225.5m (up 9.3% from 3Q 2023).
Profit margin: 22% (up from 18% in 3Q 2023). The increase in margin was driven by lower expenses.
Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Img_2623
CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Img_2624

LHW likes this post

299CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Mon Feb 26, 2024 9:57 am

ErangaDS

ErangaDS
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

One of the most underrated 💎 at CSE .
EPS 26.23 - PER 3.2X - NAV 151.37

Economic crisis didn’t affect them at all , it seems 🔸

LHW likes this post

300CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Tue Feb 27, 2024 7:40 pm

LHW

LHW
Manager - Equity Analytics
Manager - Equity Analytics

LHW wrote:
LHW wrote:60% given pipe-borne water - Ministry
Sixty percent of the country’s population has been provided with pipe-borne water supply by the end of October 2022, the Water Supply Ministry said.
It is expected to provide the other 40 per cent with pipe-borne water by 2025 under the ‘Water for All’ initiative, the Ministry said.
https://www.dailynews.lk/2022/11/25/local/291898/60-given-pipe-borne-water-ministry


Bid Notice Published on Daily News on 10th May  2023
https://drive.google.com/file/d/1z1lymEyKCDBU4jtwCAn7Jev08IgwN-v6/view?usp=drivesdk

[size=35]ADB to assist Sri Lanka water supply projects[/size]

ECONOMYNEXT – Representatives from the Asian Development Bank met government officials at the Presidential Secretariat, to discuss the upcoming water supply sector reform program in Sri Lanka.
The discussion focused on the policy planning and monitoring framework integral to the proposed reform program, which is set to be implemented through financial assistance from the ADB. 
The reforms revolve around enhancing the management of climate-resilient, safe and environmentally sustainable water supply systems, a statement by the president’s media division said. 
The execution of this initiative would be undertaken collaboratively by the prime minister’s office, the ministry of water supply and the National Water Supply and Drainage Board. (Colombo/Nov20/2023)

Sri Lanka aiming for US$200mn ADB water sector loans: Minister
The funds will come as a policy based loan in subprogram 1 and another 100 million dollars under sub program II, he said.
https://economynext.com/sri-lanka-aiming-for-us200mn-adb-water-sector-loans-minister-152284/

K.R likes this post

301CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Wed Feb 28, 2024 7:03 pm

K.R

K.R
Manager - Equity Analytics
Manager - Equity Analytics

K.R wrote:CIND.N0000 | Central Industries

Feb 08
Third quarter 2024 earnings released: EPS: LK₨9.32 (vs LK₨8.53 in 3Q 2023)

Third quarter 2024 results:
EPS: LK₨9.32 (up from LK₨8.53 in 3Q 2023).
Revenue: LK₨1.04b (down 12% from 3Q 2023).
Net income: LK₨225.5m (up 9.3% from 3Q 2023).
Profit margin: 22% (up from 18% in 3Q 2023). The increase in margin was driven by lower expenses.
Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Img_2623
CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Img_2624
🔺Is this an opening for a longer innings

EPS 26.23
PER 3.2X
NAV 151.37
PBV 0.6X
DPS 6.00(22-23)
Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.

CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Img_2710
CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Img_2711

302CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Wed Feb 28, 2024 9:39 pm

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

'WATER FOR ALL ' WILL AFFECT DIRECTY TO CENTREL INDUSTRIES AND ITS SHAE HOLDERS

K.R likes this post

303CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Mon Mar 25, 2024 6:56 am

ChatGPT

ChatGPT
Equity Analytic
Equity Analytic

Below information is provided by LankaBIZ (GPT) - Sri Lanka's First ever AI assistance for Stock Market and Research. Click below link to ask questions about any listed company in Sri Lanka.
www.lankabizz.net


Central Industries PLC (CIND.N0000) is a company listed on the Colombo Stock Exchange, engaged in the manufacturing and distribution of PVC water pipes and fittings, as well as electrical products. Based on the provided context, here is an analysis of the company's financial performance, profitability, and future potential:

Financial Performance:
- Revenue per Employee: The company has a revenue per employee of රු.12.325M, which provides an insight into its productivity and efficiency.
- P/E Ratio: The price-to-earnings ratio is 3.94, which suggests that the stock is trading at a multiple of its earnings. A lower P/E ratio may indicate that the stock is undervalued relative to its earnings.
- EPS: The earnings per share (EPS) is රු.26.23, which is a measure of the company's profitability on a per-share basis.
- Dividend Yield: The dividend yield is 2.82%, which shows the percentage of the company's share price that it pays out in dividends each year.
- Dividend: The company has declared a dividend of රු.3.00, with an ex-dividend date of July 4, 2023.

Profitability:
- The company's profitability can be inferred from its EPS and dividend yield. A positive EPS indicates that the company is generating profits, and a consistent dividend payout can be a sign of financial stability and profitability.

Future Potential:
- Stock Performance: The stock has shown positive performance over different time frames, with a 5-day change of -0.48%, a 1-month increase of 14.34%, a 3-month increase of 17.87%, a year-to-date (YTD) increase of 18.27%, and a 1-year increase of 24.95%. This trend suggests investor confidence and a potentially positive outlook.
- Market Position: As the company operates in both the water management and electrical products segments, its future potential may be influenced by the growth and demand in these industries.
- Competitors: The context provides information on competitors such as Texmo Pipes & Products Ltd., Finolex Industries Ltd., VS Industry Bhd, and China Lesso Group Holdings Ltd. The performance of these competitors can impact Central Industries PLC's market share and growth potential.

In conclusion, Central Industries PLC has shown signs of profitability and positive stock performance. The company's future potential may be influenced by industry trends, competitive landscape, and overall economic conditions in Sri Lanka. Investors may consider these factors along with the company's financial metrics when evaluating its future potential.

304CENTRAL INDUSTRIES PLC (CIND.N0000) - Page 12 Empty Re: CENTRAL INDUSTRIES PLC (CIND.N0000) Tue Mar 26, 2024 9:11 am

D.G.Dayaratne


Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

Technical analysis indicates that price will come down immediately RSI AND MACD ARE NEGATIVE



Last edited by D.G.Dayaratne on Tue Mar 26, 2024 9:13 am; edited 1 time in total (Reason for editing : typing error)

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