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FINANCIAL CHRONICLE™ » CORPORATE CHRONICLE™ » DIPPED PRODUCTS PLC (DIPD.N0000)

DIPPED PRODUCTS PLC (DIPD.N0000)

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126DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Tue Oct 20, 2020 5:27 pm

ONTHEMONEY


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Equityinvestor wrote:
@Nigesh Pereira@CSE_watch wrote:There will be too many glove producers

In Malaysia (and Thailand, China ...) several companies are diversifying into glove manufacturing:
https://www.theedgemarkets.com/article/luster-hang-seng-latest-jump-rubber-glove-bandwagon
https://www.theedgemarkets.com/article/klci-pares-loss-mah-sing-new-darling-investors
Valuations for glove producers are sky-high in Malaysia and this attracts numerous newcomers to this sector. Everybody is flush with money and glove factories in Malaysia are expanding at a record pace.
This means that in some time, there will be an enormous glut in glove manufacturing. Glove making will be much less profitable than today. Once the market realizes this, stocks of glove producers will fall as fast as they have risen.
Dhammika Perera / HAYL should sell DIPD now (or at least its Thailand glove factory) before it is too late.
Don't get carried away by buying DIPD.

Mr Perera needs to buy some dipd.


Hi all,

It is good to different perspective by different people.

What is important to identify is VALIDITY of the point making the increase in supply of gloves,which I don't view as a major challenge to Dipped Products Plc.

Why?

1. High level of expertise and over 40 years of experience of DIPD - Established in 1976, Dipped Products is one of the leading non-medical/medical rubber glove manufacturers in the world, and accounts for a 5% share of the global market. The company’s products now reach 70 countries.

2. Incremental growth for RUBBER GLOVE DEMAND globally - The following factors are likely to contribute to the growth of the medical gloves demand incrementally during next 4-5 years:

1. Emergence of New Pandemic Challenge
2. Ensuring Post Pandemic Safety measures which recommended by medical professional as custom for all individuals globally 
3. Progressive Emphasis on Stringent Health Regulations across Europe, USA Regions whom are highly sensitive for COVID19 development
4. Increased Focus on Safety and Hygiene Standards
5. Growth in Surgical Procedures 


3. DIPD sales mainly contributed by COVID19 led demand and US/China Trade war which shifted many orders from China to Sri Lanka and Thailand factories.


However, there can be new supplies to any industries with incremental demand. However, what we have to understand is the entry barriers or challenges in producing nitrile gloves and other glove types. The following are the main ones which I listed


1. Because vinyl is an inherently weaker material than latex, it was necessary to develop separate, less stringent requirements for vinyl glove performance certified by standards such as ASTM, 2001a; 2001b; 2000


2. Given the differences in in-use barrier durability, it is evident that health-care personnel should select gloves with the barrier durability appropriate for the task at hand.

SIGNIFICANT EARNINGS GROWTH CONTRIBUTORS OF  "DIPD"


NO NEW ORDERS are taken till 2022 and the cash flow for the financial year is secured well ahead. If you have any GLOVE ORDERS call and see.

Hence, it has taken 40+ years for DIPD to capture 5% market share globally. Therefore, it is not easy as you described for a new player to come and penetrate into a new market.

Concluding Remarks - 

DIPD will deliver the INDUSTRY BEST RESULTS during 2020. 

DIPD will be one of the COVID19 friendly company other than EXPO. 

Both DIPD and EXPO are HARD TO FIND HIGH VALUED DIAMONDS with high levels of earnings potential in upcoming quarters selling 50% discount even at current prices. I would say "LET THE NUMBERS SPEAK in QUARTERLY EARNINGS"

What I suggest is to collect in large buckets at regular intervals which can help you to become wealthy without a doubt.

Good Luck


Disclaimer - This is not a BUY or SELL recommendation. Do your own analysis before making any decision. 

Win Win and judecroos like this post

127DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Tue Oct 20, 2020 6:13 pm

Wonderer


Equity Analytic
Equity Analytic
Would the below news positively impact DIPD in the long run?

[size=33]Malaysian rubber gloves added to US list of goods produced by forced labour[/size]

KUALA LUMPUR, REUTERS: Rubber gloves manufactured in Malaysia are among six items the US Department of Labour (DOL) has added to a list of goods produced by forced labour this year, the department said in a report.......


Reference: DailyFT
ft dot lk/business/Malaysian-rubber-gloves-added-to-US-list-of-goods-produced-by-forced-labour/34-707700

judecroos and jayantha245 like this post

128DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Tue Oct 20, 2020 9:36 pm

ONTHEMONEY


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Wonderer wrote:Would the below news positively impact DIPD in the long run?

[size=33]Malaysian rubber gloves added to US list of goods produced by forced labour[/size]

KUALA LUMPUR, REUTERS: Rubber gloves manufactured in Malaysia are among six items the US Department of Labour (DOL) has added to a list of goods produced by forced labour this year, the department said in a report.......


Reference: DailyFT
ft dot lk/business/Malaysian-rubber-gloves-added-to-US-list-of-goods-produced-by-forced-labour/34-707700
Hi Wonderer,

Good Point. Yes I also feel this may not for Malaysia producers opening doors to all other competitors to take advantage.

Sad about how Malaysia ill treating the laborer. 

Good Luck

Mithooshan, judecroos and Wonderer like this post

129DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Sat Oct 24, 2020 3:35 am

jayantha245


Equity Analytic
Equity Analytic
https://apnews.com/press-release/wired-release/a5112d1f2dd5e339969a4efc6a141674

130DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Sat Oct 24, 2020 3:35 am

jayantha245


Equity Analytic
Equity Analytic
https://apnews.com/press-release/wired-release/a5112d1f2dd5e339969a4efc6a141674

heroxhere and judecroos like this post

131DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty DIPD The most Covid 19 friendly Stock Mon Oct 26, 2020 2:19 pm

MarketResearch

MarketResearch
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
I see with the current situation in Sri Lanka as well as the globe, DIPD is the safest stock. All doctors, nurses, and health care staff as well as most people wear gloves and take necessary safety measures to secure from Covid 19. DIPD provides 5% of the demand of the entire world. So try to collect this share. I think it will reach Rs.600/= +++ near future. this is not a junk share. No need to do promotions to push up the demand. They don't accept orders for 2021 as already filled.

MarketResearch, samaritan and judecroos like this post

132DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Oct 26, 2020 3:15 pm

Junior investor

Junior investor
Manager - Equity Analytics
Manager - Equity Analytics
dipped product doesn't make surgical gloves. they make household and industrial gloves. it is overpriced by the way.

ඒගොල්ලෝ සර්ජිකල් ග්ලව්ස් නෙමෙයි හදන්නෙ. ගෙවල් වලට අවශ්‍ය ඒවා හා කර්මාන්තශාලා වලට ඕන ඒවා

133DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Oct 26, 2020 3:26 pm

Mithooshan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Junior investor wrote:dipped product doesn't make surgical gloves. they make household and industrial gloves. it is overpriced by the way.

ඒගොල්ලෝ සර්ජිකල් ග්ලව්ස් නෙමෙයි හදන්නෙ. ගෙවල් වලට අවශ්‍ය ඒවා හා කර්මාන්තශාලා වලට ඕන ඒවා

Please read the AR.
https://cdn.cse.lk/cmt/upload_report_file/670_1593770208212.pdf

They have,
- 143 variants of unsupported gloves
- 29 variants of supported gloves
- “88 variants of medical gloves”

DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 7e50db10

MarketResearch and judecroos like this post

134DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Oct 26, 2020 3:31 pm

Junior investor

Junior investor
Manager - Equity Analytics
Manager - Equity Analytics
okay yes but not 5% of world medical gloves.

MarketResearch likes this post

135DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Oct 26, 2020 3:56 pm

Detective


Senior Equity Analytic
Senior Equity Analytic
Can we expect a bull run in this RED market? Most probably the reports will release 1st week of Nov and run will start to begin that time Rolling Eyes

MarketResearch likes this post

136DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Oct 26, 2020 4:06 pm

DKbogols


Manager - Equity Analytics
Manager - Equity Analytics
@Junior investor wrote:dipped product doesn't make surgical gloves. they make household and industrial gloves. it is overpriced by the way.

ඒගොල්ලෝ සර්ජිකල් ග්ලව්ස් නෙමෙයි හදන්නෙ. ගෙවල් වලට අවශ්‍ය ඒවා හා කර්මාන්තශාලා වලට ඕන ඒවා
How is it overpriced? In the interest of everyone in this forum, pls do explain using fundamentals or any other accepted valuation methodologies. Thanks.

137DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Oct 26, 2020 4:19 pm

MarketResearch

MarketResearch
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Junior investor wrote:dipped product doesn't make surgical gloves. they make household and industrial gloves. it is overpriced by the way.

ඒගොල්ලෝ සර්ජිකල් ග්ලව්ස් නෙමෙයි හදන්නෙ. ගෙවල් වලට අවශ්‍ය ඒවා හා කර්මාන්තශාලා වලට ඕන ඒවා

https://www.dplgroup.com/medical
https://www.dplgroup.com/all-products?main=1&cat=101&sub=1028

138DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Oct 26, 2020 4:34 pm

dayandacool

dayandacool
Moderator
Moderator
@MarketResearch wrote:
@Junior investor wrote:dipped product doesn't make surgical gloves. they make household and industrial gloves. it is overpriced by the way.

ඒගොල්ලෝ සර්ජිකල් ග්ලව්ස් නෙමෙයි හදන්නෙ. ගෙවල් වලට අවශ්‍ය ඒවා හා කර්මාන්තශාලා වලට ඕන ඒවා

https://www.dplgroup.com/medical
https://www.dplgroup.com/all-products?main=1&cat=101&sub=1028

Agree. It's fairly valued to say the least. An ordinary QR will trigger a sell. It was a good share couple of months back and it had it's run. It needs a great QR to justify current prices,failing which, will see an adjustment of price.

Only my opinion.

MarketResearch likes this post

139DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Oct 26, 2020 4:58 pm

Equityinvestor


Manager - Equity Analytics
Manager - Equity Analytics
@Junior investor wrote:dipped product doesn't make surgical gloves. they make household and industrial gloves. it is overpriced by the way.

ඒගොල්ලෝ සර්ජිකල් ග්ලව්ස් නෙමෙයි හදන්නෙ. ගෙවල් වලට අවශ්‍ය ඒවා හා කර්මාන්තශාලා වලට ඕන ඒවා

May be you can read the Annual Report next time before thinking of posting similar sh*t.

MarketResearch and judecroos like this post

140DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Oct 26, 2020 5:03 pm

roshan1039


Moderator
Moderator
@Equityinvestor wrote:
@Junior investor wrote:dipped product doesn't make surgical gloves. they make household and industrial gloves. it is overpriced by the way.

ඒගොල්ලෝ සර්ජිකල් ග්ලව්ස් නෙමෙයි හදන්නෙ. ගෙවල් වලට අවශ්‍ය ඒවා හා කර්මාන්තශාලා වලට ඕන ඒවා

May be you can read the Annual Report next time before thinking of posting similar sh*t.
Don't throw stones at every barking dog.

DIPD will answer them at the right time.

Lets see what will from next Monday

MarketResearch and judecroos like this post

141DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Oct 26, 2020 5:56 pm

Real_Investor


Senior Equity Analytic
Senior Equity Analytic
https://servimg.com/view/20266819/3

judecroos likes this post

142DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Oct 26, 2020 5:57 pm

Real_Investor


Senior Equity Analytic
Senior Equity Analytic
DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Screen13DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Screen13

judecroos likes this post

143DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Oct 26, 2020 9:11 pm

Win Win


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
DIPD is catering variety of gloves.. Actually, it was a hidden company due to based on totally exports. 

However, DIPD has started an energetic start up from few years back. Further, COVID situation is supporting to accelerate their expansions and market growths. Read onthemoney's coverage about DIPD. He explained it well. I have been studying about DIPD for 3 years. I realized that we as Sri lankans can be proud of this company, because they are catering our rubber crop as a finished products by creating 6 times more value , not only DIPD has an attractive investments like TPL & KVPL. All their businesses are performing well. That's why I am repeatedly highlighting this share. Their Q2 should be very impressive and Q3 & Q4 will be more impressive without a doubt.

Estimated EPS of DIPD for 2020/21 is around Rs.90. Sector PE is >17. 
It is very reasonable even DIPD share price is set above Rs.700. I have limited cash and I have allocated 55% for DIPD. Today also, I collected few shares by disposing other shares, bcz Rs.310 is very cheap price and their reports should be released during next few days ...

MarketResearch likes this post

144DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Oct 26, 2020 9:42 pm

judecroos


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Junior investor wrote:dipped product doesn't make surgical gloves. they make household and industrial gloves. it is overpriced by the way.

ඒගොල්ලෝ සර්ජිකල් ග්ලව්ස් නෙමෙයි හදන්නෙ. ගෙවල් වලට අවශ්‍ය ඒවා හා කර්මාන්තශාලා වලට ඕන ඒවා
Very Happy Very Happy Very Happy Very Happy Very Happy

145DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Oct 26, 2020 9:44 pm

judecroos


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Junior investor wrote:okay yes but not 5% of world medical gloves.
Very Happy Very Happy Very Happy

146DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Oct 26, 2020 9:56 pm

dayandacool

dayandacool
Moderator
Moderator
@Win Win wrote:DIPD is catering variety of gloves.. Actually, it was a hidden company due to based on totally exports. 

However, DIPD has started an energetic start up from few years back. Further, COVID situation is supporting to accelerate their expansions and market growths. Read onthemoney's coverage about DIPD. He explained it well. I have been studying about DIPD for 3 years. I realized that we as Sri lankans can be proud of this company, because they are catering our rubber crop as a finished products by creating 6 times more value , not only DIPD has an attractive investments like TPL & KVPL. All their businesses are performing well. That's why I am repeatedly highlighting this share. Their Q2 should be very impressive and Q3 & Q4 will be more impressive without a doubt.

Estimated EPS of DIPD for 2020/21 is around Rs.90. Sector PE is >17. 
It is very reasonable even DIPD share price is set above Rs.700. I have limited cash and I have allocated 55% for DIPD. Today also, I collected few shares by disposing other shares, bcz Rs.310 is very cheap price and their reports should be released during next few days ...


Don't put all in, even if it's a straight flush. Wink 
don't you think 55% of a PF is quite a large and an unhealthy allocation for a single share? Rolling Eyes

147DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Oct 26, 2020 10:24 pm

heroxhere

heroxhere
Senior Equity Analytic
Senior Equity Analytic
@dayandacool wrote:
@Win Win wrote:DIPD is catering variety of gloves.. Actually, it was a hidden company due to based on totally exports. 

However, DIPD has started an energetic start up from few years back. Further, COVID situation is supporting to accelerate their expansions and market growths. Read onthemoney's coverage about DIPD. He explained it well. I have been studying about DIPD for 3 years. I realized that we as Sri lankans can be proud of this company, because they are catering our rubber crop as a finished products by creating 6 times more value , not only DIPD has an attractive investments like TPL & KVPL. All their businesses are performing well. That's why I am repeatedly highlighting this share. Their Q2 should be very impressive and Q3 & Q4 will be more impressive without a doubt.

Estimated EPS of DIPD for 2020/21 is around Rs.90. Sector PE is >17. 
It is very reasonable even DIPD share price is set above Rs.700. I have limited cash and I have allocated 55% for DIPD. Today also, I collected few shares by disposing other shares, bcz Rs.310 is very cheap price and their reports should be released during next few days ...


Don't put all in, even if it's a straight flush. Wink 
don't you think 55% of a PF is quite a large and an unhealthy allocation for a single share? Rolling Eyes


“The expression on Wall Street is, don't put all of your eggs in one basket. Ha! You should put all of your eggs in one basket. But be sure you've got the right basket and make sure you watch the basket very , very carefully.“ - Jim Rogers

This obviously goes against conventional thinking. But this kind of thinking is what made Jim one of the world's most successful investors. He co-founded the Quantum Fund which saw returns of 4200% in 10 years. Now, of course, this strategy of putting all your eggs in one basket... but making sure it's the right basket, is not for everyone. It's a high risk, high reward strategy . And Jim acknowledges that.  

Win Win likes this post

148DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Oct 26, 2020 10:24 pm

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
@Win Win wrote:DIPD is catering variety of gloves.. Actually, it was a hidden company due to based on totally exports. 

However, DIPD has started an energetic start up from few years back. Further, COVID situation is supporting to accelerate their expansions and market growths. Read onthemoney's coverage about DIPD. He explained it well. I have been studying about DIPD for 3 years. I realized that we as Sri lankans can be proud of this company, because they are catering our rubber crop as a finished products by creating 6 times more value , not only DIPD has an attractive investments like TPL & KVPL. All their businesses are performing well. That's why I am repeatedly highlighting this share. Their Q2 should be very impressive and Q3 & Q4 will be more impressive without a doubt.

Estimated EPS of DIPD for 2020/21 is around Rs.90. Sector PE is >17. 
It is very reasonable even DIPD share price is set above Rs.700. I have limited cash and I have allocated 55% for DIPD. Today also, I collected few shares by disposing other shares, bcz Rs.310 is very cheap price and their reports should be released during next few days ...

Thanks Win Win

Last Q EPS is only Rs 10

I think EPS around Rs 15 ok for September and going forward next two quarters

Therefore around Rs 55/60 EPS for the year 

Still with PE around 10, its worth Rs 600

Win Win likes this post

149DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Oct 26, 2020 10:34 pm

Mithooshan


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@heroxhere wrote:
@dayandacool wrote:
@Win Win wrote:DIPD is catering variety of gloves.. Actually, it was a hidden company due to based on totally exports. 

However, DIPD has started an energetic start up from few years back. Further, COVID situation is supporting to accelerate their expansions and market growths. Read onthemoney's coverage about DIPD. He explained it well. I have been studying about DIPD for 3 years. I realized that we as Sri lankans can be proud of this company, because they are catering our rubber crop as a finished products by creating 6 times more value , not only DIPD has an attractive investments like TPL & KVPL. All their businesses are performing well. That's why I am repeatedly highlighting this share. Their Q2 should be very impressive and Q3 & Q4 will be more impressive without a doubt.

Estimated EPS of DIPD for 2020/21 is around Rs.90. Sector PE is >17. 
It is very reasonable even DIPD share price is set above Rs.700. I have limited cash and I have allocated 55% for DIPD. Today also, I collected few shares by disposing other shares, bcz Rs.310 is very cheap price and their reports should be released during next few days ...


Don't put all in, even if it's a straight flush. Wink 
don't you think 55% of a PF is quite a large and an unhealthy allocation for a single share? Rolling Eyes


“The expression on Wall Street is, don't put all of your eggs in one basket. Ha! You should put all of your eggs in one basket. But be sure you've got the right basket and make sure you watch the basket very , very carefully.“ - Jim Rogers

This obviously goes against conventional thinking. But this kind of thinking is what made Jim one of the world's most successful investors. He co-founded the Quantum Fund which saw returns of 4200% in 10 years. Now, of course, this strategy of putting all your eggs in one basket... but making sure it's the right basket, is not for everyone. It's a high risk, high reward strategy . And Jim acknowledges that.  

I, not once but twice did that. 100% in one stock. Was not wrong to do it both times. But i did it only when i was confident. It is also not risky as it sounds when you have studied the share and identified the pattern on how it is trading.

I strictly do not advise to practice above strategy but if you are confident about a share, don’t be afraid of what others say. If it is your own decision, if it is your choice, go ahead.

Good Luck !

Win Win likes this post

150DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Mon Oct 26, 2020 10:53 pm

Win Win


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
@Mithooshan wrote:
@heroxhere wrote:
@dayandacool wrote:
@Win Win wrote:DIPD is catering variety of gloves.. Actually, it was a hidden company due to based on totally exports. 

However, DIPD has started an energetic start up from few years back. Further, COVID situation is supporting to accelerate their expansions and market growths. Read onthemoney's coverage about DIPD. He explained it well. I have been studying about DIPD for 3 years. I realized that we as Sri lankans can be proud of this company, because they are catering our rubber crop as a finished products by creating 6 times more value , not only DIPD has an attractive investments like TPL & KVPL. All their businesses are performing well. That's why I am repeatedly highlighting this share. Their Q2 should be very impressive and Q3 & Q4 will be more impressive without a doubt.

Estimated EPS of DIPD for 2020/21 is around Rs.90. Sector PE is >17. 
It is very reasonable even DIPD share price is set above Rs.700. I have limited cash and I have allocated 55% for DIPD. Today also, I collected few shares by disposing other shares, bcz Rs.310 is very cheap price and their reports should be released during next few days ...


Don't put all in, even if it's a straight flush. Wink 
don't you think 55% of a PF is quite a large and an unhealthy allocation for a single share? Rolling Eyes


“The expression on Wall Street is, don't put all of your eggs in one basket. Ha! You should put all of your eggs in one basket. But be sure you've got the right basket and make sure you watch the basket very , very carefully.“ - Jim Rogers

This obviously goes against conventional thinking. But this kind of thinking is what made Jim one of the world's most successful investors. He co-founded the Quantum Fund which saw returns of 4200% in 10 years. Now, of course, this strategy of putting all your eggs in one basket... but making sure it's the right basket, is not for everyone. It's a high risk, high reward strategy . And Jim acknowledges that.  

I, not once but twice did that. 100% in one stock. Was not wrong to do it both times. But i did it only when i was confident. It is also not risky as it sounds when you have studied the share and identified the pattern on how it is trading.

I strictly do not advise to practice above strategy but if you are confident about a share, don’t be afraid of what others say. If it is your own decision, if it is your choice, go ahead.  

Good Luck !
Thanks all of you !!

I have less than 6,500 shares even it represents 55% of my total portfolio. Try to increase upto 9,000 before Q2. 

DIPD should report more than Rs.20 per share as Q2 EPS when compare to Q1 (Q2 Full operation, Increased glove demand, No export barriers, Gvt Support, Results from Expansions)

However, I have noticed that lot of investors are expressing good signals on DIPD. Thank you all your expressions.

Wish whole market will revive and Sri Lanka will regain by overcoming this disease !!

MarketResearch, Mithooshan and judecroos like this post

151DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Oct 28, 2020 8:25 am

Detective


Senior Equity Analytic
Senior Equity Analytic
TPL super results, KVAL next  Very Happy DIPD soon  king
Both TPL & KVAL are subsidiaries of DIPP. Finally DIPP will benefit abnormally with these super results of it's own subsidiaries.  DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Icon_cheers DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Icon_cheers DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Icon_cheersDIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Dipd12

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152DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Oct 28, 2020 8:54 am

Win Win


Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
DIPD Estimated EPS for Q2 (Q1 Actual 10.19 with 1.5 months stoppage all operation) should be above Rs.24.
Also, DIPD Estimated EPS for 2020/21 FY is above Rs.90. 
DIPD PE is only 3.4. Market PE is above 9 and Sector PE is 16.60.

See clearly.

DIPD share price can be adjusted at least half of industry pE.
So, DIPD Share Price will be Rs.792 at a minimum fair value. Very Safe Investment. Their Whole Businesses (GLOVES & TEA) are performing at over-demanded condition and DIPD has the bargaining power. That's Why DIPD will gain more potential in their businesses and other share can not match with this share .. This time, their TEA businesses will add Rs. 1.2 bn to DIPD profit (Rs.20 EPS)

This is good dividend paying company with a good & energetic management.  Still paid Rs.4. Next 2 Quarters, expect Rs.16 minimum.

Lat time share price increased by Rs.125 (56%) within 3 days. 
This time, expect s.185 increase within 3 days.

Safe + High Return Investment


Focus on the Value

MarketResearch likes this post

153DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Oct 28, 2020 9:46 am

xhora

xhora
Senior Manager - Equity Analytics
Senior Manager - Equity Analytics
DIPD only closed operations in Sri Lanka for only 1 week during March, there were in full production throughout. Their Thailand factory never closed.

This time EPS will improve due to increased capacity and better performance from the Plantation sector as can seen with good results from TPL. And costs should be down since logistics are now mostly back to normal

154DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Oct 28, 2020 10:12 am

subash81


Assistant Vice President - Equity Analytics
Assistant Vice President - Equity Analytics
I am happy if Win Win estimate Rs 24 report for September

But my estimate Rs 15 that is 50% more than June EPS

155DIPPED PRODUCTS PLC (DIPD.N0000) - Page 6 Empty Re: DIPPED PRODUCTS PLC (DIPD.N0000) Wed Oct 28, 2020 12:43 pm

ranilJ2


Stock Trader
I'm EX Dipped hence after seeing some comments I tempted to write. Some of the comments are hilarious and some are known more than D.P.  Very Happy Very Happy
Their order books are full end of 2021. No capacity at all.

judecroos likes this post

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