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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » LAXAPANA BATTERIES PLC (LITE.N0000)

LAXAPANA BATTERIES PLC (LITE.N0000)

+24
gayan1987
kassachandimal
lal62
Teller
Eng Krishantha
karuna
pure equity
ranjan01
kapifm
Shehan Dhanushka
bakapandithaya
hiransilva23
Ok One
Harry82
Yahapalanaya
fireshelter
EquityChemp
Nuwan Prasad
Pac-man
Joe007
bonbon
troy
visvajith
EquityChamp
28 posters

Go to page : Previous  1, 2, 3  Next

Go down  Message [Page 2 of 3]

26LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Fri Feb 26, 2016 6:55 am

EquityChamp


Moderator
Moderator

@ the current price level of 7.20 the forward PE has dropped to 6x now which is a massive discount to the industry.

27LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Tue Apr 12, 2016 2:36 pm

EquityChamp


Moderator
Moderator

Keep in mind that LITE has closed the market by clearing all the quantities offered @ 8/-. So after the new year holidays this stock will be one of the favourits to move up. Sometimes 9/- possible within very short period.

28LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Thu Apr 14, 2016 10:56 pm

Harry82


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

EquityChamp,


You are correct.
Move up to Rs 10.00 within a sort time

29LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Fri Apr 15, 2016 6:52 am

Harry82


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

Smile Smile

30LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Wed Apr 20, 2016 7:32 am

Ok One


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics

Thanks EC GL I love you I love you I love you

31LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Wed Apr 20, 2016 9:51 pm

hiransilva23


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

EC u hav any idea abt lite?itz nt moving I hope dt it definitely on today.

32LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Wed Jun 01, 2016 8:17 am

EquityChamp

EquityChamp
Moderator
Moderator

Here you have another great result. LITE has achieved a FY revenue of Rs416 mn with PAT of Rs46 mn Vs my forecast of Rs380mn of revenue and Rs33mn of PAT. Their last quarter performances have delighted me. So my dividend expectation of 50cents is well intact and in fact I think they can give about 60cents this time.
PER @ CMP is just 6.8x which is very attractive. Also a dividend yield (expected) of above 7% is very much attractive. A real value investment.

33LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Wed Jun 01, 2016 4:06 pm

EquityChamp

EquityChamp
Moderator
Moderator

So now they have declared 55 cents just after I have commented about the possibility to declare a higher dividend than my initial target. So who ever invest in this stock based my analysis should be happy by now. Very Happy

34LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Wed Jun 01, 2016 4:09 pm

Harry82

Harry82
Senior Vice President - Equity Analytics
Senior Vice President - Equity Analytics

thanks  EquityChamp

35LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Wed Jun 01, 2016 4:16 pm

hiransilva23


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

Im hapy.bt cost is 8.40.i had to avarage it

36LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Thu Jun 02, 2016 11:58 am

EquityChamp

EquityChamp
Moderator
Moderator

Laxapana Batteries is a liquid stock in the market. There are enough quantities between 8/- to 9/-. This has been the reason of its stagnation arround 8/- for the last so many months. But now....................???? Question

37LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Thu Jun 02, 2016 2:26 pm

EquityChamp

EquityChamp
Moderator
Moderator

Absorbing the market liquidity. Is this the beginning of a value run?

38LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Thu Jun 02, 2016 6:11 pm

bakapandithaya

bakapandithaya
Vice President - Equity Analytics
Vice President - Equity Analytics

EquityChamp wrote:Absorbing the market liquidity. Is this the beginning of a value run?

LITE on the way to 10 Very Happy

39LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Thu Jun 02, 2016 7:42 pm

EquityChamp

EquityChamp
Moderator
Moderator

The ground is well set for a grand final. This time I can see 11.50 after watching how the stock traded in recent past.
LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Laxapa10

40LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Thu Jun 02, 2016 9:57 pm

bakapandithaya

bakapandithaya
Vice President - Equity Analytics
Vice President - Equity Analytics

EC what is ur expected Sales nd profit for dis qtr

41LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Wed Jul 27, 2016 10:47 am

EquityChamp

EquityChamp
Moderator
Moderator

After dividend too the share is backing up to cum div price. This seems to me is a super growth stock available to buy below 10 rupees.

42LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Wed Jul 27, 2016 11:10 am

Shehan Dhanushka

Shehan Dhanushka
Equity Analytic
Equity Analytic

EquityChamp  What are u think about lcem???

43LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Wed Jul 27, 2016 11:13 am

kapifm

kapifm
Manager - Equity Analytics
Manager - Equity Analytics

Equity Champ.....why GSF Not Moving??

44LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Wed Jul 27, 2016 12:11 pm

EquityChamp

EquityChamp
Moderator
Moderator

@ Shehan - LCEM can't be valued based on their financials hence can't express any opinion. But it is moving based on speculation. if the speculator is smart he will make profits at the expense of others.

@ kapifm - GSF has shown a good improvement in their financials. But the current run was based on speculative deal. The effectiveness of the speculation will earn a good profit and if not it can cause losses. Why it is stagnating now is probably the speculator has already moved out from the stock by now with profits.

45LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Wed Jul 27, 2016 3:43 pm

kapifm

kapifm
Manager - Equity Analytics
Manager - Equity Analytics

Dear EC,
appreciated,
well explained

46LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Fri Aug 12, 2016 11:53 am

EquityChamp

EquityChamp
Moderator
Moderator

Now LITE has reached the phycological 10/- mark. Now any one can see the value I was talking all these days.

47LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Fri Aug 12, 2016 11:56 am

ranjan01


Equity Analytic
Equity Analytic

They have not published the last quarter Question Question accounts yet ?

48LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Fri Aug 12, 2016 12:59 pm

ranjan01


Equity Analytic
Equity Analytic

I feel that their results must be good in  latest quarter.

49LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Mon Aug 15, 2016 1:06 pm

ranjan01


Equity Analytic
Equity Analytic

drunken drunken Basketball Basketball cheers cheers

50LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Mon Aug 15, 2016 4:23 pm

EquityChamp

EquityChamp
Moderator
Moderator

Another 10m + quarter for Laxapana. 20%+ growth YoY . Almost the same revenue as per the Jan-Mar quarter. Stable performance.

51LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Wed Aug 17, 2016 1:11 pm

pure equity


Equity Analytic
Equity Analytic

E C sir pls tell me about lite in this condition.  thanks

52LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Sat Aug 20, 2016 6:37 pm

pure equity


Equity Analytic
Equity Analytic

E C sir  still i am holding  this shares . i bought it last year.  i think company's  growth still good. is it wise to wait couple of quarter?    thanks

53LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Sat Aug 20, 2016 10:50 pm

EquityChamp

EquityChamp
Moderator
Moderator

pure equity wrote:E C sir  still i am holding  this shares . i bought it last year.  i think company's  growth still good. is it wise to wait couple of quarter?    thanks

As you can see based on 16/17 earnings my price expectation was above 11.50 and it has achieved through. This is the true value of this stock and I am glad that finally people have realized that. I need to see how this stock to be valued based on FY17/18 earnings but for now the current price seems to be fairly ok. It is no harm you holding this for some more time.

Further you can see that Rs8-9 was the long held resistance level for this stock but with this week's resurgence it has form a new resistance at Rs11 so be happy and enjoy how your investment delivers return for you. Now you have to see the prices in 2018 or 2019 not next year as it is quite certain now as what will be the price going to be.

Thanks and GL.

54LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Sat Aug 20, 2016 11:12 pm

pure equity


Equity Analytic
Equity Analytic

thanks E C sir. but NAV is below 5 rs. so  share price may be little bit come down ?

55LAXAPANA BATTERIES PLC (LITE.N0000)  - Page 2 Empty Re: LAXAPANA BATTERIES PLC (LITE.N0000) Sat Aug 20, 2016 11:27 pm

karuna


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

Lite .n can get a profit too long termly . But I hope better to exit now . Because we cannot guarantee it will make profit next year.  

It's function with interm financial results and asi number 5800 to 6600 asi 800 units use for 8 to 12 
Probably why they stay until financial report.  

However journey is happened 12 may be not necessarily to buy . if you brought 12 u had to stay another 400 or 500 units for sell above 14/15 with there beta base sometime.  

So I hope better to follow some other fundamental share.

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